Lourdes T. Gutierrez-Alfonso, president and chief executive officer of Megaworld Corporation, has been named Real Estate Personality of the Year at the 14th PropertyGuru Philippines Property Awards, a distinction honoring her transformative leadership and significant contributions to the property...
Andrew Tan-led top township developer Megaworld Corp. improved its net income by five percent to ₱12.7 billion in the first half of 2026 compared with the same period last year, driven by the sustained expansion of its recurring income businesses amid macroeconomic headwinds. In a disclosure to...
The Office of the Ombudsman sought a preliminary investigation of Senator Loren Legarda and her son Batangas 1st distict Rep. Leandro Leviste for plunder and graft over alleged abuse of legislative and regulatory powers in securing solar energy contracts, Ombudsman Jesus Crispin “Boying”...
Jollibee Foods Corp. (JFC), one of the largest Asian food service companies, has unveiled a four-year growth plan to double Tim Ho Wan’s store network in Taiwan by advancing its franchise-led expansion strategy. The firm said it plans to increase Tim Ho Wan’s dim sum store network from 16 to 32...
Top township developer Megaworld Corp. has raised an additional ₱147.1 million from the latest sale of shares in its real estate investment trust (REIT) unit, MREIT Inc., to increase its public float ahead of its fifth wave of asset-for-share swap. The Andrew Tan-led property firm said it sold...
Megaworld Corporation, the flagship real estate company of tycoon Andrew Tan, has raised a total of ₱5.6 billion from multiple block sales of shares of real estate investment trust unit MREIT Inc. between April and July 2026, in preparation for the fifth wave of asset infusion into MREIT In a...
Megaworld Corp., one of the largest township developers in the country, is optimizing its capital expenditures and pacing new residential launches for the year, adopting a calibrated strategy to maintain agility and resilience amid shifting macroeconomic environment. Kevin L. Tan, Megaworld...
Top township developer Megaworld Corp. generated ₱28 billion in revenue from lot sales in its horizontal residential developments, capitalizing on the wave of domestic demand for gated communities outside traditional high-rise condominiums. In a statement, Megaworld reported that the revenue...
Global markets and local investors are bracing for a volatile week as looming policy decisions from the United States (US) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) collide with fluid geopolitical developments in the Middle East. Traders are closely tracking whether a definitive...
Tourism remains an important driver of growth for many communities across the Philippines, creating demand not only for attractions and experiences but also for accommodations that can support a growing number of travelers. As destinations continue to evolve, Megaworld Corporation is expanding its...
Top township developer Megaworld Corp. and its subsidiaries reported a 10.4-percent improvement in reservation sales to ₱29.7 billion during the first quarter of 2026 despite the supply glut and other challenges in the Metro Manila condominium market. In a statement on Tuesday, June 2, the firm...
After two strong weeks, the local stock market shifted downward last week and is seen remaining bearish in the coming days due to growing tensions between the United States (US) and Iran. Investors are also expected to take cues from the country’s May inflation data, which will be released on...
