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This will turn the Business Park into a 72-hectare development in the former Iloilo Airport that Megaworld bought from the national government for P1.2 billion in cash in 2007. We are expanding to cater to the increasing demand for residential and
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The notes will have a coupon of 4.25 percent, the lowest yield ever for a 10-year Philippine corporate bond and lowest ever for an unrated issuer in Southeast Asia. UBS Philippines managing director Lauro Baja said the issue attracted $500 million
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US-dollar denominated fixed rate notes, the property firm told the Philippine Stock Exchange Wednesday. The terms of the offer, including the size and price, have yet to be finalized. Proceeds from the issue will be used for general corporate
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In a report to the Philippine Stock Exchange, Megaworld said that as of April 2 it has used some P773 million from the P1 billion allotted for development of a BPO project, while it has spent P1.72 billion from the P3 billion earmarked for working
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Its strategy is to build new stores over the next five years to sustain rapid growth. The group is making its first foray in Mindanao with the construction of an S&R warehouse in Davao and a Puregold outlet in Cagayan De Oro. Puregold is also
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PhilippinesA P450-million convention center will be built on a 1.7 hectare lot at the old Iloilo airport property, which is expected to establish the province as a conference hub in Western Visayas, Senator Franklin Drilon announced Saturday. Drilon
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A rising Chinese mainland population may be driving this growth. There's a new it-spot in Manila's Chinatown and no, it's not another one of your friendly neighborhood noodle house; it's a brand-spanking new mall. Ten years ago, no one would have
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PhilippinesTycoon Andrew Tan's Alliance Global Group Inc. grew its 2011 net profit attributable to parent equity holders by 68 percent to P11.6 billion, boosted by the earnings of flagship property unit Megaworld Corp. and some one-time gains.
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PhilippinesReal estate tycoon Andrew Tan's Megaworld Corp. has earmarked P25 billion for capital spending this year, aiming to keep a leading position in the highly competitive residential property segment. For the first semester of 2011, the
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CMA/VS, GMA News advertisement Related Stories Metrobank says its 2011 net income rose 32% to P11B Former Olympus president arrested prosecutors Yahoo-Alibaba talks falling apart sources PhilWeb says 2011 earnings up 45% to P914M Roxas Holdings
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