The PR & Events Circuit

MAKATI CITY, Philippines, April 27, 2015– Megaworld, the country’s leader and pioneer in developing integrated urban townships, is opening two new hotels this year in its two townships in Metro Manila and Iloilo. Two new hotels to offer 631 rooms in Newport City and Iloilo Business Park Richmonde Hotel Iloilo, which will occupy eight levels of the 12-storey Richmonde Tower in the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City, is set to open in June this year. The business hotel will be the first Richmonde Hotel outside of Metro Manila and will have 151 guest rooms. 

MANILA, Philippines, April 7, 2015 – Just a year after its majority acquisition by Megaworld, Global-Estate Resorts Inc. (GERI), the Philippines’ leading tourism estate developer, posted a 151% growth in its net income last year from P341 million in 2013 to P857 million (inclusive of P377 million non-recurring gain) in 2014. Without non-recurring gain, its net income rose to P480 million, a 41% increase year-on-year and almost double growth than in 2012 when its net income was P264 million. Also known as the “Spine Road,” the Iloilo International Avenue at the Santa Barbara Heights will feature a 6-lane super highway lined with bicycle lanes and top-tier commercial establishments on both sides. Total revenues of GERI in 2014 almost doubled last year – from P1.71 billion in 2013 to P3.36 billion in 2014, or around 97% growth year-on-year.

Property giant Megaworld , the country’s leading developer of integrated urban townships and the no. 1 business process outsourcing (BPO) office landlord and developer, is allocating P285.8-billion for its 5-year capital spending program until 2019 to develop its various townships all over the country. The new capital expenditure (CAPEX) is a new adjustment to capital spending as it supersedes the five-year CAPEX of P230-billion that was announced last year. ILOILO BUSINESS PARK  The property giant will spend P65B for 2015 for new residential, office, retail and hotel developments across townships “We have adjusted our capital spending to pave the way for the expansion of offerings in our existing townships and for the new additional township projects that we recently announced,” says Francisco Canuto, senior vice president and corporate information officer, Megaworld.

Savor and enjoy traditional dim sum at The Promenade at Days Hotel Iloilo with DIMSUM AFTERNOON TEA . Take your pick from more than 30 food offerings ranging from dimsum favorites like sio mai, sio pao, chicken feet and spare ribs to assorted noodle treats like Wanton and Asado noodles. cap it off with cool desserts like mango sago, almond jelly with lychee and black gulaman. Served with complimentary house tea every weekdays from 2pm-5pm. For reservations please call (033) 3373297.

MANILA, Philippines, March 25, 2015 - Megaworld, the Philippines’ leading integrated urban township developer and biggest office developer and landlord, posted a net income of P21.6-billion (inclusive of P12.1-billion non-recurring gain) in 2014, 139% higher than in 2013. Without non-recurring gain, net income went up by 14% to P9.4-billion last year – reflecting an 18% annual growth since 2009 when net income was P4-billion, or more than double in a span of only five years.  Iloilo Business Park - Megaworld's Php35B investment in Iloilo City Consolidated revenues, excluding non-recurring gain, rose by 15% to P41-billion with real estate sales increasing by 16% year-on-year to P24.6-billion and rental income growing by 17% to P7-billion.

For a school in a far-flung barangay to become a recipient of well-built classrooms would seem like an unlikely reality to its teachers and pupils. For who would notice them when they are located far, far away?  With its goal of extending help in rural areas and providing public school children with a better and quality learning environment, however, the Ramon Aboitiz Foundation Inc. (RAFI), ably supported by its partners, definitely did.  Asturias Mayor Alan Adlawan (third from left) led the unveiling of the marker of a new school building of Asturias Central School. With him are (left to right) school Guidance Councilor Ana Noemi Buhia, Town Councilor Letecia Orozco, Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance deputy director for operations Ailyn Lim, RAFI Education Development Unit executive Director Anthony Dignadice, and RAFI Micro-finance Cebu south area manager Naomi Navacilla.  

PLDT HOME Ultera Install Patrol is bringing the Philippine volleyball superstars  to Iloilo on March 21, 2015, Saturday. It will be a full-day volleyball showcase with a motorcade, clinic and exhibition games. Popular volleyball players will be at the event  consisting of Rachel Daquis, Aiza Maizo-Pontillas and Mika Reyes for the women's team AMIHAN while Peter Torres, Ran Abdilla and Johnvic De Guzman will lead the men's team BAGWIS. The event will be held at the University of San Agustin Gym at noontime.

Celebrate Easter Sunday with the COLORS OF EASTER at the Promenade at Days Hotel Iloilo on April 5, 2015 from 11:00am to 2:00pm. Enjoy our sumptuous buffet while your kids have fun in our EGG-citing and spEGG-tacular surprises (magic show, face painting and easter egg hunt). Easter activities will start at 1:00pm.  For reservations please call (033) 3373297.

Beyond the daily coverage of developing events, leading telecommunication company Globe Telecom wants to further encourage media excellence in civic, investigative and explanatory journalism that would delve into pressing societal concerns such as education, poverty, corruption, among others. GLOBE Telecom recently launched in Iloilo City the Globe Media Excellence Awards (GMEA) 2015 to honor media people who are breaking new grounds in their field.

His Excellency President Benigno S. Aquino III, through Proclamation No. 976, has elevated the status of ‪‎Iloilo Business Park‬ from an IT park to a mixed-use special economic zone, which highlights tourism as another primary component of the integrated urban township. President Aquino signed the proclamation upon the recommendation of the Philippine Economic Zone Authority (PEZA). With a total land bank of 72 hectares, Iloilo Business Park is envisioned to become the next central business district in the Western Visayas region. Apart from BPO office towers, the township will also feature a Megaworld Lifestyle Mall, luxury residential condominiums, hotels and commercial hotspots, and the much-anticipated Iloilo Convention Center, among others. Read the Malacañan Declaration >>>  http://bit.ly/1DZx6mT