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Megaworld putting ₱187 M into MREIT capital increase

Manila Bulletin

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October 21, 2025

Top township developer Megaworld Corp. is subscribing to an initial P187.5 million in its real estate investment trust MREIT Inc., which is increasing its authorized capital by P3 billion in preparation for the next batch of its share-for-asset swap.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange, Megaworld announced that it has signed a Memorandum of Understanding with MREIT, which has submitted an application to the Securities and Exchange Commission to increase its authorized capital stock from P5 billion to P8 billion.

Pursuant to the Agreement, the firms agree to pursue a share swap arrangement over certain income-generating real estate of Megaworld that meets the investment criteria of MREIT.

Manila Bulletin'den DAHA FAZLA HİKAYE

Manila Bulletin

Xmas spending drives cash remittance surge

Cash sent home by overseas Filipinos reached $3.17 billion in October, the highest in three months, driven by frontloaded Christmas spending, the stronger United States (US)-peso exchange rate, and increased deployments abroad.

time to read

2 mins

December 16, 2025

Manila Bulletin

Manila Bulletin

Father and son gunmen kill at least 15 people in attack on Hanukkah event at Sydney's Bondi Beach

Two gunmen opened fire during a Hanukkah celebration on Sydney’s Bondi beach, killing 15 people, including a child, officials said Monday, in what Prime Minister Anthony Albanese called an act of antisemitic terrorism that struck at the heart of the nation.

time to read

2 mins

December 16, 2025

Manila Bulletin

Manila Bulletin

Stricter traffic and security measures ordered in Marikina amid Christmas rush

the Office of Public Safety and Security (OPSS) to strictly enforce security and traffic measures in anticipation of the influx of people to malls and other places of convergence in the city this Christmas season.

time to read

1 min

December 16, 2025

Manila Bulletin

DA targets stable agri-jobs to boost economy

The Department of Agriculture (DA) is pushing for long-term reforms to end the seasonality of job opportunities in the agriculture sector, a move seen as strengthening its contributions to the economy.

time to read

2 mins

December 16, 2025

Manila Bulletin

DND, AFP reject CPP holiday truce

The Department of National Defense (DND) and the Armed Forces of the Philippines (AFP) on Monday dismissed as a “propaganda stunt” the Communist Party of the Philippines’ (CPP) declaration of a four-day holiday ceasefire as military operations continue unabated to keep communities safe during the Christmas and New Year period.

time to read

2 mins

December 16, 2025

Manila Bulletin

Water concessionaires to implement tariff hike

Water consumers must prepare to pay higher monthly water bills starting January next year, as both East and West zone concessionaires implement an approved round of tariff adjustments.

time to read

1 mins

December 16, 2025

Manila Bulletin

CIDG seizes ₱5-M illicit cigarettes in Tarlac raid

The Criminal Investigation and Detection Group (CIDG) seized around ₱5 million worth of cigarettes in a raid in Victoria town, Tarlac province for alleged questionable source and violation of required graphic health warnings.

time to read

1 min

December 16, 2025

Manila Bulletin

Finland celebrates 108th Independence Day and 70 years of diplomatic relations

The Embassy of Finland in the Philippines hosted a diplomatic gathering on Dec. 4 at Fairmont Makati to commemorate the 108th anniversary of Finland's independence, bringing together government officials, diplomats, and partners to honor the enduring ties between Finland and the Philippines.

time to read

1 mins

December 16, 2025

Manila Bulletin

Manila Bulletin

Why only choose one career if we can do more?

How to find your path when you love too many things

time to read

2 mins

December 16, 2025

Manila Bulletin

₱51.6-B 'pork barrel' in 2026 health budget?

The approval by the Bicameral Conference Committee (Bicam) of the Medical Assistance to Indigent and Financially Incapacitated Patients (MAIFIP) program in the proposed 2026 national budget has drawn sharp reactions from the clergy and some senators.

time to read

3 mins

December 16, 2025

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