Buoyed by the solid performance of its core businesses, top township developer Megaworld Corp. saw its nine-month net income surge 14 percent to nearly ₱18 billion, from the ₱15.7 billion recorded in the same period last year. The firm said in a disclosure to the Philippine Stock Exchange that...
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...
Five Filipina chief executives in financial services and real estate were named in Fortune Magazine’s 100 Most Powerful Women in Asia list for 2025. Named to the list are: Martha Sazon of Mynt-Gcash (#37), Anna Ma. Margarita Bautista Dy of Ayala Land Inc. (#69), Lynette V. Ortiz of Land Bank of...
Megaworld Hotels & Resorts, a unit of township developer Megaworld Corp. and the country’s largest hotel developer, is opening seven new hotels to grow its nationwide portfolio by 50 percent to 9,000 hotel room keys by 2030. In a disclosure to the Philippine Stock Exchange, Megaworld said these...
Top township developer Megaworld Corp. sustained its growth momentum with first-half and second-quarter earnings reaching historic levels as its hotel, office, and mall businesses led all its units forward. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its net income for the...
Township developer Megaworld Corporation is venturing into the ultra-high-end real estate market in recognition of the growing opportunities in this segment, which continues to enjoy brisk sales and resilience even during challenging times. During the firm’s annual stockholders’ meeting,...
Property giant Megaworld Corp. has embarked on the almost total renovation of its pioneering township Eastwood City, which will include a facelift of the mall and other commercial areas, hotel, and office buildings. The ₱2.5-billion redevelopment of the 28-year-old Eastwood City, the company’s...
Tycoon Andrew Tan’s township developer Megaworld Corporation reported a 16 percent growth in net income to ₱5.83 billion in the first quarter of the year as its growing focus on the provinces helped the performance of all of its core businesses. In a disclosure to the Philippine Stock Exchange,...