Megaworld Corp., the listed property development arm of billionaire Andrew Tan, has raised about P1.27 billion from a block sale of shares in MREIT Inc., as it continues to recycle capital and fund ongoing developments.
SM Prime Holdings, Inc., the listed property arm of the Sy Group, is seeking clearance from the Securities and Exchange Commission to raise up to P18 billion through fixed-rate bonds, including P6 billion from oversubscription.
The Department of Tourism is tightening its playbook, shifting from volume to value as it targets markets and segments that can deliver higher spending and longer stays.
The government of Japan has named two Filipino leaders among the recipients of its 2026 Spring Conferment of Decorations, recognizing their roles in deepening relations with the Philippines.