MREIT, Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corporation, is acquiring six office properties with a total value of P13.15 billion. In a statement, MREIT said that, upon the approval of the Securities and Exchange Commission (SEC), the...
SM City Caloocan, SM Prime Holdings Inc.’s 86th Supermall in the country and the third one in Caloocan, opens its doors to the public on May 17, 2024. The City of Caloocan is a first-class highly-urbanized city divided into two distinctive clusters, south and north. South Caloocan is bordered by...
AVANT GARDENER The Philippines has lost a lot of indigenous and endemic crops that have, because of commercial reasons, stopped being cultivated. One of these is Philippine cotton. Textile conservationist and cultural advocate (just two of the many hats he wears) Raffy Tesoro plans to revive...
Tycoon Andrew Tan’s Megaworld Corporation, the country’s leading township developer, posted a 10 percent improvement in net income to P5.02 billion during the first quarter of 2024 from the P4.56 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Mactan Expo Center (Artist's perspective) Lapu-Lapu City in Cebu is well-known for its beautiful beaches, rich cultural heritage, and warm hospitality. Now, it has entered a new phase of development with the addition of a modern convention facility, the Mactan Expo Center. Property giant Megaworld...
The largest solar panel system of SM Supermalls in SM City Santa Rosa has recently received a Certificate of Compliance by the Energy Regulatory Commission. SM Supermalls has recently unveiled the company’s largest self-used rooftop solar photovoltaic (PV) system to date at SM City in Santa Rosa,...
While optimistic that its business remains on strong footing, taipan Lucio Tan’s LT Group is also being cautious as interest rates remain high while inflation is rising. “We are excited about the future. Our fundamentals are solid. While we are cautiously optimistic about the macroeconomic...
RLC Senior Controls and Compliance Manager Christian Lorenz C. Pacheco; RLC Digital Transformation Director Luzelle Artillero; RLC Corporate PR Director Roseann C. Villegas; RLC Head of Investor Relations Rommel Rodrigo; RLC Vice President and Deputy Compliance Officer Liza R. Gerella; RLC Chief...
The Sy family’s SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, continues to be optimistic about the prospects of its mall business in China, particularly the Fujian province. SM Supermalls President Steven Tan “We still see a lot of potential for...
AVANT GARDENER Over the weekend I attended a Harvest Dinner co-presented by WOFEX’s CSR arm and Sanko Plastics, featuring dishes from Chef Waya Araos-Wijangco and Gilbert Lee. “Harvest Dinners are a small gathering of different members of the food service industry and stakeholders for the...
Golden Haven Memorial Parks, the leading provider of death care services and pioneer of themed memorial parks in the Philippines, proudly introduces its latest offering: The Memory Tree. This unique memorialization option allows clients to honor their dearly departed through a living tribute,...
Top lender BDO Unibank Inc., the financial services arm of the SM Group, will remain cautious yet still be aggressive in 2024 even as earnings are trending towards beating last year’s record performance. BDO President and CEO Nestor V. Tan In a press briefing before the bank’s annual...
