Wednesday, 14 May 2025
2 May 2025
5:33PM
Saavedra's Megawide hits P538M profit in 2024, doubling the past year’s performance
Tycoon Edgar Saavedra’s Megawide Construction Corp. delivered a breakthrough year in 2024, doubling its net income to P538 million on the back of strong momentum in construction, real estate, and transport.
20 Jan 2025
10:14PM
Construction tycoon leans on affordable homes to boost 2025 growth: ‘That’s the real backlog’
By: Miguel R. Camus
Tycoon Edgar Saavedra remains optimistic about the real estate sector, staying agile as market trends evolve, despite expectations of a prolonged slump in Metro Manila’s mid-market housing sector due to a persistent oversupply.
15 Nov 2024
6:30AM
INSIDER INFO: Norman Foster-designed BDO head office in Makati finished by 2028
By: Daxim L. Lucas
The same visual and architectural style has been used for Foster's other projects including the HSBC headquarters in Hong Kong, the Gherkin building in London, and Hearst Tower in New York, among others.
14 Aug 2024
5:26PM
Construction, real estate lift Megawide’s 1st half 2024 profit to P438M
Tycoon Edgar Saavedra’s Megawide Construction Corp. profits jump 21 percent to P438 million in the first six months of 2024, driven by strong construction operations.
24 Jul 2024
3:39PM
Never Still: SteelAsia’s P82-B pledge for jobs, growth
SteelAsia Manufacturing Corp. plans to invest P82 billion to build five new steel plants over the next four years
15 Jun 2024
10:48AM
Consunjis to keep century-old APO, Rizal brands after P17.6-B Cemex deal
By: Miguel R. Camus
The Consunji Group wants to start strong with its P17.6 billion takeover of Cemex Philippines, deciding to keep the APO and Rizal cement brands with long years of industry presence.
14 Jun 2024
9:36AM
Concrete Stone to supply precast concrete for EEI infra projects
Concrete Stone Corp. has entered into a deal with construction giant EEI Corporation to provide precast concrete for the latter’s infrastructure projects across Luzon, Visayas, and Mindanao.
24 May 2024
11:29AM
EEI Bags P1.79-B Deal for Cavitex-Calax Link Construction
EEI Corporation has secured a P1.79-billion contract from Cavitex Infrastructure Corp. (CIC) to construct Segment 4 of the Cavitex-Calax link project.
23 May 2024
3:58PM
Phinma Insulated Panels Touted for Climate Change, Food Security Challenges
Phinma Corp. recently began the construction of a multimillion-peso manufacturing plant to produce insulated panels, aiming to address climate change and enhance food security in the Philippines.
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