Monday, 23 June 2025
18 May 2025
6:53PM
New chapter for Edgar Saavedra's Megawide as real estate turns profitable in Q1 2025
Tycoon Edgar Saavedra’s Megawide Construction Corp. posted its first-ever net income from real estate subsidiary PH1 World Developers in the first quarter of 2025, signaling a new earnings driver for the traditionally construction-led firm.
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.
3 Apr 2025
9:33AM
Megawide’s P1.1-B Carbon Market expansion brings New York’s Chelsea, BGC feel to Cebu
Megawide Construction Corp. is kicking off the next phase of Cebu’s Carbon Market redevelopment with a bold P1.1-billion expansion, aiming to transform the historic site into a world-class destination that blends local heritage with global energy.
26 Mar 2025
10:39PM
Saavedra's Megawide opens P6B preferred offering, buoyed by early investor interest
Tycoon Edgar Saavedra’s Megawide Construction Corp., launched its P6 billion preferred shares offering amid solid investor demand.
17 Mar 2025
1:12PM
Saavedra's PITX nears 200M passengers milestone, strengthens role as PH’s top transport hub
Tycoon Edgar Saavedra’s Parañaque Integrated Terminal Exchange (PITX) is nearing its 200-millionth passenger milestone, which will be reached by the second quarter of 2025, further cementing its position as the country’s top intermodal transport hub.
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.
10 Jan 2025
10:13AM
Tycoon Saavedra steers into 2025 with P1.87-B modern bus project in Cavite
By: Miguel R. Camus
Tycoon Edgar Saavedra bags his first bus rapid transit (BRT) project, making inroads in land-based transport infrastructure after exiting the Mactan Cebu International Airport last year.
28 Nov 2024
11:12AM
Ang’s SMC teams up with Saavedra’s Megawide for major Boracay airport transformation
By: Miguel R. Camus
Billionaire Ramon S. Ang’s San Miguel Corp. has teamed up with Megawide Construction Corp. for its major expansion program at Caticlan Airport—better known as Boracay Airport, the primary gateway to the world-famous Boracay Island.
30 Oct 2024
4:50PM
End of an era: Megawide exits Cebu airport, Aboitiz assumes full control
By: Miguel R. Camus
Tycoon Edgar Saavedra’s Megawide Construction Corp. finalized its exit from the Mactan Cebu International Airport, a project the company won a decade ago under the Aquino administration’s public-private partnership program.
Advertisement
