Suntrust Resort Holdings Inc., a partnership between LET Group Holdings and Megaworld Corporation, reported that its net loss increased 15 percent to P477.56 million in the first nine months as it continues to spend for the development of its $1.1 billion resort and casino project in Parañaque....
Venice Grand Canal at McKinley Hill, renowned as the country’s most romantic mall, has kicked off its much-awaited "Splendor of Christmas" celebration, marking the start of the holiday season. The highlight of the launch was the lighting of a stunning 40-foot Christmas tree, floating gracefully...
It’s that time of the year again when Manila’s most beloved spots come alive with holiday cheer. Across the city, developers have created spaces designed for people to gather, unwind, and enjoy the season together. Whether you're looking for stylish shopping, a relaxing meal, or a festive...
Megaworld Corporation, the country’s pioneer builder of townships, reported a 16 percent growth in net income for the first nine months of 2024 to P15.69 billion, from P13.5 billion in the same period last year, as all its key businesses improved. In a disclosure to the Philippine Stock Exchange...
Only one Filipina made it to Forbes Magazine’s Asia Power Businesswomen list which features 20 industry veterans who set precedent by becoming the first women to step into top leadership roles at their companies. Megaworld Corporation’s new president Lourdes Gutierrez-Alfonso joined other...
Manila Bulletin has been a staunch advocate of sustainability since the first MB Sustainability Forum in 2022. The forum promotes conversations about sustainability and serves as a platform to raise awareness about it. Last year, the two-day event called for urgency in addressing...
Megaworld Corporation, the pioneering developer of LIVE-WORK-PLAY townships in the country, is building the P3 billion The Bellagio Palawan--its first upscale residential condominium development inside its Baytown Palawan township in Puerto Princesa, Palawan. In a disclosure to the Philippine Stock...
Pioneering township developer Megaworld Corporation expects to generate P3.5 billion in sales from its fourth residential condominium development inside its 35.6-hectare Capital Town township in San Fernando, Pampanga. In a statement, the firm said the 17-story Saint-Marcel Residences will be...
Large real estate developers in the country have voiced their support for proposed legislation aimed at extending the Bases Conversion and Development Authority’s (BCDA) corporate term. Filinvest Land Inc. (FLI), Ayala Corp., Megaworld Corp., and Hann Development Corp. have submitted letters of...
Megaworld Corporation is expanding its township footprint to Ilocos Norte by investing P15 billion to develop an 84-hectare land along the coastline of Laoag City into a premium mixed-use beachside township. In a disclosure to the Philippine Stock Exchange, the firm said the budget will be spent...
The Securities and Exchange Commission (SEC) has approved the acquisition by MREIT Inc., the real estate investment trust of township developer Megaworld Corporation, of six prime PEZA-accredited office properties worth P13.15 billion. In a disclosure to the Philippine Stock Exchange...
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...
