Business

Central Luzon LGUs among most competitive in the country

Central Luzon local government units were recently recognized as among the most competitive LGUs in the Philippines. During the 9th Regional Competitiveness Summit held virtually on December 14-15, 2021, the National Competitiveness Council bestowed the awards based on the Cities and Municipalities Competitiveness Index (CMCI) rankings.

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Business

MREIT’s asset value to jump by 19% to P58.5-B

The Board of Directors of MREIT, Inc., the REIT company of township developer Megaworld, has approved the acquisition of four prime, grade A buildings located in PEZA-registered zones for a total consideration of P9.1-billion. The transaction will increase MREIT’s property value by 19% to P58.5-billion.

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