Megaworld Corporation has created a big name for itself over the years, exemplifying excellence in the Philippine real estate industry. Today, as it continues to expand its brand, the company believes that there are no boundaries when it comes to reaching and engaging customers.
Megaworld, with its years of experience in feeling the pulse of its niche market, has developed a keen understanding of the kind of real estate products and services that click with its customers. As a developer, the company has gone from strength to strength, building stand-alone projects, townships, central business districts, and now, integrated tourism communities.
As a marketer, it is taking the Megaworld brand to new heights in the international scene. Through Megaworld International, its overseas marketing arm, Megaworld is reaching out to more Filipinos based abroad. The marketing group's message: As the Philippines' No.1 provider of mid-income residential condominiums and business process outsourcing office spaces, and as the pioneer of a live-work-play-learn lifestyle, Megaworld is creating the best value for real estate customers and investors.
Philippine economy grew by 5.8% for 2015
It’s official. The Philippine economy grew by 5.8% for 2015, slower than 6.1% a year before, the Philippine Statistical Authority (PSA) said in a press briefing.
The Philippines' gross domestic product (GDP) grew by 6.3% in the last quarter of 2015, up from 6.0% in the 3rd quarter, the government announced Thursday, January 28.
The growth for the last quarter was the highest for the entire year.
Megaworld’s rental income to reach P11-B this year
Property giant Megaworld is expected to hit P11-billion in rental income this year as the company expects to complete more office towers, malls and commercial centers with a total gross floor area of more than 650,000 square meters by the end of the year.
With this, the company, known to be the country’s largest developer and landlord of office spaces, will see its recurring income grow to more than 20% by end-2016.
“We are on-track in strengthening our office and mall portfolio as we continue to experience robust demand for spaces, both office and retail, in our townships. Both our offices and retail spaces enjoy a very high occupancy rate of around 99% across our developments,” says Jericho P. Go, senior vice president, Megaworld.
Infographics: Top Remitting Countries to the Philippines
The Philippines remained as one of the largest recipients of foreign remittances in 2015. In fact, we are the world's third largest recipient of remittances after China and India according to World Bank. Remittances from overseas Filipinos accounted for 8.5% of the country's GDP in 2014.
To give you a visual representation of how much money are being sent to our country, we have listed down 20 of the top countries from which overseas Filipinos transfer money to the Philippines.