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Megaworld Now 100% Carbon Neutral for Company-Owned Mall, Office Developments

Property giant Megaworld notches its biggest sustainability milestone to date as it officially achieves carbon neutrality for all its company-owned office and mall developments across the country. This achievement covers 52 developments, all of which are 100% operational, Megaworld-owned commercial properties located in the company’s various townships all over the Philippines. Based on data compiled […].....»»

Category: newsSource: metrocebu metrocebuMay 29th, 2024

Megaworld Now 100% Carbon Neutral for Company-Owned Mall, Office Developments

Property giant Megaworld notches its biggest sustainability milestone to date as it officially achieves carbon neutrality for all its company-owned office and mall developments across the country. This achievement covers 52 developments, all of which are 100% operational, Megaworld-owned commercial properties located in the company’s various townships all over the Philippines. Based on data compiled […].....»»

Category: newsSource:  metrocebuRelated NewsMay 29th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Tallest Megaworld hotel to rise in Pasig

Real estate giant Megaworld is building the tallest hotel development in its portfolio - a 31-story structure inside the company’s 12.3-hectare ArcoVia City township along C5-Road in Pasig City......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Megaworld posts record financial outcome in 2023

Real estate giant Megaworld Corp. capped off 2023 with a record financial performance, posting a net income of P19.4 billion, 26 percent higher year-on-year......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Megaworld expands hotel presence in Palawan

Andrew Tan led-Megaworld is expanding its hotel footprint in Palawan......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Over 40 defective weighing scales seized in Carbon Market

CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

We need to make companies pay for pollution

In a recent meeting, newly appointed finance secretary Ralph Recto stressed the need for the Philippines to seriously study carbon pricing instruments, with the intended aim of reducing emissions through a combination of carbon taxation and an Emissions Trading System......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

GCash’s new feature shows carbon reduced by doing digital transactions

Finance app and cashless ecosystem GCash has announced its newest update, Green Transaction Alerts, which allows users to see the grams of carbon they reduced by digitally sending money and doing bank transfers......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Quibranza: Toyota tackles carbon neutrality with ‘multi-pathway approach’

Quibranza: Toyota tackles carbon neutrality with ‘multi-pathway approach’.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Cambodia: Carbon Offsetting Project Violates Indigenous Group s Rights

(Bangkok) - A major carbon offsetting project in Cambodia shows that such initiatives can harm Indigenous people when communities' effective participation and consent are not ensured, Human Rights Watch said in a report released today.Violations of Chong.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

AboitizPower’s TVI logs 77% completion in 10-year carbon sink goal

Aboitiz Power Corporation subsidiary Therma Visayas Inc. (TVI) marked the seventh year of its Carbon Sink Management Program with 770,000 trees planted en route to achieving a 10-year one million trees target through 2027......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Philippine Company Earns Lead Safe PaintCertification

1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»

Category: sportsSource:  abscbnRelated NewsMar 3rd, 2024

Philippine Company Earns Lead Safe PaintCertification

1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

MREIT income climbs in 2023

MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld Corp., reported a 13 percent expansion in distributable income to P2.8 billion last year......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

First-in-Davao developments by property pioneer, Alsons Dev

FOR over 60 years, Alsons Development and Investment Corporation (Alsons Dev), one of Davao’s longest-standing real estate developers, has grown alongside the city, actively shaping its economic and physical transformation. As the city celebrates the 87th Araw ng Dabaw, we look back on Alsons Dev’s iconic commercial and residential developments that have left an indelible mark on Davao City’s landscape......»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Viva s Boss Vic del Rosario shares projects and plans for Muhlach twins

Andres Muhlach finally following in the footsteps of his twin sister, Atasha, is one of the most exciting developments in showbiz recently. In case you missed it, it was announced during a contracAndres Muhlach finally following in the footsteps of his twin sister, Atasha, is one of the most exciting developments in showbiz recently. In case you missed it, it was announced during a contrac.....»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

El Niño phenomenon has ended says Pagasa

MANILA, Philippines— The El Niño phenomenon has ended, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) announced on Friday. The Pagasa El Niño Southern Oscillation Alert and Warning System (ENSO) was also lowered to inactive (ENSO-neutral), while the La Niña watch remains in effect. The El Niño phenomenon, according to Pagasa, is a “large-scale oceanographic/meteorological phenomenon.....»»

Category: newsSource:  inquirerRelated NewsJun 8th, 2024

Pagasa says El Niño is over

MALAYBALAY CITY (MindaNews / 7 June) – The El Niño in the tropical Pacific Ocean has ended, as both oceanic and atmospheric indicators have returned to El Niño Southern Oscillation (ENSO)-neutral levels, the Philippine Atmospheric, Geophysical and Astronomical Services Administration said in its final advisory on the weather phenomenon. Pagasa added there is a 69-percent […].....»»

Category: newsSource:  mindanewsRelated NewsJun 8th, 2024