Movem Electric Inc., the end-to-end e-mobility solutions provider wholly owned by Manila Electric Co. (Meralco), has partnered with property developer Megaworld to begin the electrification of the latter’s Citylink bus fleet serving several of its major townships.
The property developer, led by Kevin Tan, opened its facility in Barangay New Villa Fria to nearly 100 evacuees, including children and the elderly, after heavy rains caused slope failures in the upland community of Upper Kemdeng.
Property giant Megaworld booked a 14-percent profit surge to almost P18 billion in the first nine months of 2025, powered by steady leasing momentum and a hotel comeback.
Megawide Construction Corp., led by tycoon Edgar Saavedra, has bagged two new multi-billion-peso contracts from Megaworld Corp. to build residential towers in its major township developments.
Megaworld Corp. is zeroing in on the country’s next growth frontiers, channeling P3.4 billion from recent MREIT share sales into tourism-led townships across Cebu, Palawan, and Bacolod.
Five Filipino women have been recognized by Fortune Magazine as among Asia’s 100 Most Powerful Women, highlighting how Filipinas are shaping the future of business across industries—from fintech and real estate to banking and digital innovation.
For the second straight year, Megaworld President and CEO Lourdes Gutierrez-Alfonso has been named one of Fortune Magazine’s 100 Most Powerful Women in Asia, joining an elite roster of leaders shaping the region’s business landscape.