The start of the year has been productive for the Authority of the Freeport Area of Bataan (AFAB) in terms of import and export operations in Freeport.
Emperador Inc., the largest global brandy company that owns the worldβs iconic and best-selling brandy Emperador Brandy as well
income to P3.5-billion for the first quarter this year from P2.5-billion during the same period last year as the business environment continued to improve.
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the Philippinesβ leading developer of master-planned integrated tourism estates, registered a total net income of P412.2-million, up by 28% versus the P322.6-million it reported last year.
MREIT, Inc., the REIT company of the countryβs largest office landlord Megaworld, registered distributable income amounting to P639.0 million, for the first quarter of 2022. This translated to an 18% growth as compared to the previous quarter as the company’s recent acquisitions provided their first full quarter contribution during the period.
