AGI cuts capex by 8% to ₱63B amid economic challenges
Alliance Global Group Inc., headed by tycoon Dr. Andrew Tan, is reducing its capital expenditures for 2025 to ₱63 billion, an eight percent decrease from the previous year.
Read full story
Megaworld
Megaworld Corporation is a leading real estate developer in the Philippines, known for its diverse portfolio including malls, offices, and townships. The company has partnered with JLL to innovate in the Philippine real estate market, focusing on technology, sustainability, and health and wellness standards. Megaworld plans significant expansions, investing P30 billion over five years to double its office space and mall area by 2030.
This is an AI-generated summary based on recent coverage.
Last updated at April 22, 2025.
Recent stories about Megaworld
Metro Manila hosts diverse Easter events with robot contests, Minecraft hunts, and candy themes
Metro Manila will come alive on Easter Sunday with various events featuring fun activities such as robot-themed costume contests, Minecraft-inspired egg hunts, candy-themed storytelling, cupcake decorating, Doraemon meet-and-greets, and new additions like the Easter Safari Adventure at Araneta City and the Grand Easter Carnival at McKinley Hill.
Read full story
Megaworld-JLL for PH real estate innovation
Megaworld Corporation has partnered with JLL, a global real estate services firm, to explore new opportunities and innovations in the Philippine real estate market.
Read full story
Malls in Metro Manila adjust hours for Holy Week
Holy Week is approaching, with April 17 (Maundy Thursday) and April 18 (Good Friday) declared as regular holidays.
Read full story
Megaworld to invest P30B in offices over five years
Property giant Megaworld plans to invest P30 billion over the next five years to expand its office portfolio and enhance existing properties nationwide.
Read full story
Philippine Catholics mark start of Lent with Ash Wednesday
On March 5, Catholics in the Philippines will mark Ash Wednesday, the start of Lent, a 40-day period of fasting, prayer, and almsgiving leading up to Holy Week and Easter.
Read full story
MREIT reports 12% income growth, expands portfolio
MREIT, Inc., a real estate investment trust of Megaworld Corporation, reported a 12 percent increase in distributable income to P3.2 billion for full-year 2024.
Read full story
Megaworld reports 11.7% net income growth, targets new developments
Megaworld Corp., led by Andrew Tan, reported a 11.7 percent year-on-year growth in net income to P21.67 billion for 2024, driven by revenue growth from its real estate, leasing, and hospitality businesses.
Read full story
Megaworld president recognized by Forbes 50 Over 50 list
Megaworld Corp. president Lourdes Gutierrez-Alfonso has been recognized by Forbes Magazine as one of its inaugural 50 Over 50 Global list members, marking her second recognition from the publication in less than a month.
Read full story
Megaworld plans two new 300-hectare townships in Luzon and Visayas
Property developer Megaworld plans to develop at least two new townships in 2025, covering over 300 hectares of land in key growth areas in Luzon and the Visayas.
Read full story