Saavedra-led infrastructure and engineering firm Megawide Construction Corp. has completed its acquisition of 9.88 percent of affiliate Citicore Renewable Energy Corp. (CREC), effectively gaining a new revenue source from solar power. In a disclosure to the Philippine Stock Exchange, Megawide said...
Top township developer Megaworld Corp. is reinvesting ₱3.4 billion from the recent sale of MREIT Inc. shares to expand the offerings of its three township developments in Bacolod, Mactan, and Palawan. In a disclosure to the Philippine Stock Exchange (PSE), the firm said portions of the share...
MREIT, Inc. (MREIT), the real estate investment trust of Megaworld Corp., reiterated its plan to acquire mall and retail assets from its sponsor as part of its plan to double its portfolio to one million square meters of gross leasable area (GLA) by 2027. The firm disclosed to the Philippine Stock...
Tanduay Distillers Inc., the liquor and spirits unit of LT Group Inc., expects to sustain its strong earnings growth posted in the first half and register a record performance in 2025 and beyond. In an interview for the Manila Bulletin’s video podcast The Sit Down, Tanduay Chief Operating Officer...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is planning to expand its portfolio to 130 malls by its 50th year, in 2035, as it intends to consistently open four new malls starting next year. During Manila Bulletin’s The Sit Down, SM Supermalls...
A quiet workday morning in Quiapo, Manila, might be part of Kyle Tan’s routine, but nothing about his journey has been. Inside his office at Tanduay Distillers Inc., two framed NBA jerseys hang on the wall—a constant reminder of his late father, Lucio “Bong” Tan Jr., and the unexpected path...
The future of business isn’t just about selling a product—it’s about selling an experience. This is the core belief of Steven Tan, president of SM Supermalls, and it’s a philosophy that has guided the company‘s evolution. During a recent media meeting, Steven argued that the most...
Andrew Tan’s Travellers International Hotel Group Inc. is taking majority control over the development of the Westside Integrated Resort, as its foreign-controlled partner Suntrust Resort Holdings Inc. has agreed to reduce its stake in the project to 20 percent due to financial challenges. In a...
SAN FERNANDO CITY, La Union – Department of Public Works and Highways (DPWH)-Ilocos Director Ronnel Tan has assured the public that there are no “ghost projects” in the region. Tan, in a press conference on Wednesday, said they are strictly enforcing quality assurance measures and project...
TACLOBAN CITY — Samar Gov. Sharee Ann Tan’s office defended her viral video taken during the Hermano Night of the Catbalogan City Fiesta. The governor slammed the alleged misleading reports of her dancing “Kuratsa,” a cultural tradition long practiced in Samar and Leyte. “The footage was...
On August 15, the 13th PropertyGuru Philippines Property Awards hailed in a festive awards event the distinguished leaders and landmark developments of the property sector across Luzon, Visayas, and Mindanao. Nearly 70 golden statuettes were presented to more than 30 outstanding developers at the...
Malacañang said President Marcos is bent on pushing for climate-smart farming as part of his administration 's efforts to modernize agriculture and strengthen food security through renewable energy solutions. The Palace cited the P100-million R.M. Tan Solar Pump Irrigation Project (SPIP) in...
