Sunday, 26 July 2026
3 days ago
GSIS lifts Megawide stake to 9.5% amid affordable housing expansion
State pension fund Government Service Insurance System has raised its stake in tycoon Edgar Saavedra’s Megawide Construction Corp. to 9.5 percent.
3 Jul 2026
12:34PM
Megawide raises P4.5B from renewable energy stake sale to GSIS
Tycoon Edgar Saavedra’s Megawide Construction Corp. raised P4.5 billion from the sale of its stake in Citicore Renewable Energy Corp. to the Government Service Insurance System.
30 Jun 2026
8:41AM
McDonald’s, Megawide breathe new life into Bahay Bulilit
McDonald’s Philippines, Ronald McDonald House Charities (RMHC) Philippines, and Megawide Foundation have reopened the refurbished Ronald McDonald Bahay Bulilit Learning Center in Barangay Mambog IV, Bacoor City, reinforcing their partnership to support early childhood education and community development.
23 Jun 2026
5:00PM
Megawide rewards investors with cash dividends as debt burden eases
Tycoon Edgar Saavedra-backed Megawide Construction Corp. is declaring a cash dividend as rising profits and lower debt strengthen the builder’s balance sheet.
17 Jun 2026
12:33PM
PITX, Megawide rally support for fire-hit Parañaque school
The Parañaque Integrated Terminal Exchange (PITX), together with Megawide Foundation and other partners, has joined this year’s Brigada Eskwela campaign by leading rehabilitation efforts for San Antonio Elementary School in Barangay San Antonio, Parañaque City, which was recently affected by a fire.
21 May 2026
11:18AM
Megawide Q1 profit rises 26%, debt cuts unlock P300-M savings
Tycoon Edgar Saavedra’s Megawide Construction Corp. grew first-quarter net income by 26 percent to P265 million as the infrastructure builder accelerated debt reduction and tightened costs.
8 May 2026
3:26PM
Saavedra’s Megawide posts 24% profit jump to P700M in 2025
Tycoon Edgar Saavedra’s Megawide Construction Corp. grew 2025 earnings by 24 percent to P669 million as the builder tightened costs, expanded its property business, and pushed deeper into transport and social infrastructure.
18 Mar 2026
4:05PM
Megawide hits P50-B order book on mass housing push
Tycoon Edgar Saavedra’s Megawide Construction Corp. is locking in future revenues with a P50 billion order book, signaling stronger visibility and a shift toward more stable, recurring income streams.
17 Feb 2026
3:45PM
Megawide plans P180-B rollout of 100,000 affordable homes in 5 years
By: Miguel R. Camus
Megawide Construction Corp. is moving to build 100,000 low-cost homes in five years, one of the largest private commitments yet to the government’s flagship 4PH housing program.
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