Megawide bags contracts for 2 high-rise Megaworld projects

MANILA, Philippines — Megawide Construction Corp. has bagged two new “multibillion-peso” infrastructure deals with developer Megaworld Corp., which seeks to expand its township empire. Edgar Saavedra-led Megawide on Wednesday said the contracts cover civil, structural and architectural work at Uptown Modern in Taguig City and One Portwood in Pasay City. Uptown Modern will expand the

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PNB Holdings bets on IT-BPM, lifestyle retailers

The real estate spinoff firm of Philippine National Bank (PNB) is pinning its hopes on the rapidly growing IT and business process management sector (IT-BPM) as well as lifestyle-oriented brands. This, in hopes of maintaining high occupancy in its properties and differentiating itself from its competitors. Joselito Consunji, COO of PNB Holdings Corp. (PHC), told