Township developer Megaworld has entered into a Memorandum of Agreement (MOA) with Manila Jockey Club, Inc. to purchase 2.2-hectares of prime real estate property in Sta. Cruz, Manila. 

Township developer Megaworld is developing a sustainable boutique hotel and shophouse district within its 462-hectare Paragua Coastown in San Vicente, Palawan.

Just a month after it announced its 28th township, the 85-hectare Northwin Global City in Marilao and Bocaue in Bulacan, Megaworld is developing around 16 hectares of land to become the township’s central business district (CBD), which will be aptly called the Northwin Main Street.

Alliance Global Group, Inc. (AGI) clocked in a net income of P17.3-billion in the first nine months of 2021, reflecting a hefty 173% increase from P6.4-billion during the same period last year. The holding company of tycoon Dr. Andrew L. Tan attributed its creditable performance mainly from its diversified operations, strong brand equity and ongoing cost management efforts, factors that helped cushion the impact of the restrictions brought about by the global pandemic.

Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported a 22% increase in its net income for the third quarter from P169-million last year to P207-million this year as real estate sales and hotel revenues bounced back with eased pandemic restrictions during the period.