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Megaworld posts record numbers in 2024

The Philippine Star

|

February 27, 2025

Real estate giant Megaworld Corp. is setting its sights on more innovations as the company gears up for sustained growth following a record year in 2024.

- RICHMOND MERCURIO

The country's pioneer in township developments saw net income in 2024 rise by 12 percent to P21.7 billion from a year ago.

Revenues jumped by 17 percent to P81.7 billion on the back of the continued expansion of its real estate, leasing and hospitality businesses.

"In 2024, aside from delivering record results as we celebrated our 35 years in the Philippine real estate industry, we also pushed the boundaries of innovation across our townships and bannered the new developments that truly help contribute to nation-building," Megaworld president Lourdes Gutierrez-Alfonso said.

MEER VERHALEN VAN The Philippine Star

The Philippine Star

Foreign locators keen on new Palawan ecozone

Thai conglomerate Charoen Pokphand (CP) Group and two other foreign firms have expressed interest in setting up operations in the Palawan Mega Economic Zone (PMEZ).

time to read

1 mins

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The Philippine Star

PETRO GAZZ BACK IN FINALE

The PVL Reinforced Conference Final will have a familiar face — Petro Gazz.

time to read

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The Philippine Star

Peace tourism

Hiking along the “Peace Trail” in South Korea’s side of the demilitarized zone brings home the stark reality that the land of K-pop and K-drama is also technically at war.

time to read

4 mins

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The Philippine Star

FL not dwelling on 'theatrics'

A day after she and her family were tagged in the alleged manipulation of onion and rice prices, the First Lady vowed to focus on her duties as a law professor rather than dwell on what she described as “theatrics.”

time to read

1 min

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The Philippine Star

The Philippine Star

'Salvageland': Simple crime story with a complex moral question

A big moral question is laid out early in Lino Cayetano's directorial comeback, “Salvageland.”

time to read

3 mins

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The Philippine Star

It's Van der Valk vs Jahns for crown

Guido van der Valk and Keanu Jahns forged an unlikely but compelling showdown for the ICTSI The Country Club Match Play Invitational crown.

time to read

1 min

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The Philippine Star

The Philippine Star

DRESS CODE: MODERN FILIPINIANA

Filipino heritage with a modern soul. That's Spatio at the Opus Mall.

time to read

2 mins

November 28, 2025

The Philippine Star

Private sector backs Angara

Amid recent insinuations on corruption, Education Secretary Sonny Angara continues to enjoy the support of major business and education groups.

time to read

1 min

November 28, 2025

The Philippine Star

Manila posts 10.5% net business growth

Despite the economic challenges nationwide, Manila continues to see solid business activity heading into 2026 with new registrations well ahead of closures — a sign of strong confidence in the capital city even as national growth forecasts are being cut back.

time to read

1 min

November 28, 2025

The Philippine Star

‘Disaster-in-chief’

With just two days before December, Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian considers the year 2025 as “one of the most disaster-prone years” in the Philippines to date.

time to read

4 mins

November 28, 2025

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