MB NEWSMAKERS Top row, from left: Mylo Speech Buddy Founder Vincent Rocha, President of Bingo Plus Rafael Jasper Vicencio, President & CEO of HSBC Philippines Sandeep Uppal, Dr. Victor Erwin Jocson, Head of Star Magic PR (representing Bini) Thess Gubi, Co-Chairperson of Kawayan Collective...
Megaworld is set to expand its township developments in Luzon and Visayas, adding at least two new projects covering more than 300 hectares. These townships will integrate residential, commercial, and leisure spaces, continuing the company's push for urban growth outside Metro Manila. Lourdes...
Katherine Tan, wife of tycoon Andrew Tan, stepped down from her position as a board member of property giant Megaworld Corporation. In a disclosure to the Philippine Stock Exchange on Monday, Megaworld said the matriarch relinquished her position “due to personal reasons.” She was replaced by...
The Philippines has welcomed its latest—and biggest to date—gem as property giant Megaworld finally opened Grand Westside Hotel, ushering in a new era of tourism in Metro Manila. President Ferdinand Marcos Jr. delivered his speech during the launch of Grand Westside Hotel President Ferdinand...
Newport World Resorts (NWR) is poised to elevate Manila’s culinary scene with the arrival of Gordon Ramsay Bar and Grill, marking the acclaimed chef’s debut in the country. “The opening of Gordon Ramsay Bar and Grill within the property by the second quarter of 2024 is part of NWR’s epic...
Billionaire Andrew Tan’s township developer Megaworld Corporation reported a 39 percent growth in net income to P13.5 billion in the first nine months of 2023 as it posted double-digit growth across all core business segments. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Tycoon Andrew Tan-led Alliance Global Group Inc. (AGI) surpassed its pre-pandemic performance with net income rising 19 percent to P14.2 billion in the first six months of 2023 from its year ago level of P12 billion. In a disclosure to the Philippine Stock Exchange, the firm said this was achieved...
Real estate and spirits magnate Andrew Tan’s Megaworld Corporation reported a 31 percent growth in net income to P8.8 billion in the first half of 2023 from P6.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said higher profits were seen as the...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
Last April 18 to 27, 2023, First Metro Corporation, EDI Staffbuilders and the University of Asia and the Pacific led a group of some top Philippine corporations—especially in infrastructures, renewable energy and agribusiness—in a road show to Spain. The purpose was to try to...
Township developer Megaworld Corporation reported a 7 percent improvement in net income to P15.4 billion last year from P14.4 billion in 2021, boosted by double‐digit revenue growth across all of its business segments. In a disclosure to the Philippine Stock Exchange, the firm said attributable...
MREIT declares P614-M Q4 cash dividend By JAMES A. LOYOLA MREIT, Inc., the real estate investment trust company of Megaworld Corporation, declared a P614.28-million cash dividend equivalent to P0.2428 per share to its shareholders based on its distributable income in the fourth quarter of 2022. In...