SunStar
+ May 06, 2021 TOWNSHIP developer Megaworld is allocating P36 billion for capital spending this year, as it realigns project developments with the restrictions brought about by the strict quarantine measures that affect construction movements as well as demand for residential properties, especially in Metro Manila.
This year’s capital expenditure (Capex) is 29 percent higher than the P27.9-billion actual spending last year. Around 76 percent will be allocated for real estate developments, particularly on the construction of new residential properties, while the remaining 24 percent will be for investment properties. No amount has been allocated for landbanking initiatives.
“We remain cautious and prudent with our spending as we are still observing how the vaccination program will progress and where this pandemic will be leading us in the next few months. This is a very targeted Capex program aimed at optimizing the use of our available cash during this
Published March 13, 2021, 12:36 PM
Throughout this pandemic season, open-air dining has become a premium space and option, and the Megaworld Lifestyle Malls are upping the ante.
Getting through this COVID-19 pandemic has been like navigating between the devil and the deep blue sea. Let’s call the virus the devil, someone we all want to avoid; and the deep blue sea would be our floundering economy and the businesses in danger of sinking. We are a consumer-driven economy, so establishments within the food and restaurant industry, with their employment and trickle-down supply chain, have a great impact on our economy’s survival. Quarantine fatigue has also meant we miss those dining out opportunities; but there is the pressing concern of whether it’s safe to head out in numbers.
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Explore new flavors
Brothers Burger
Fast casual restaurant Brothers Burger is now open to serve homegrown designer burgers. Serving mouthwatering meaty goodness since 1999, Brother’s Burgers is known for serving its iconic flame-grilled Brothers Burger and savory meals such as gourmet sandwiches, sides,
quesadillas, and even vegetarian options.
Brother’s Burger is open at GF, Venice Piazza.
Romantic Baboy
More than the smokey goodness of grilled pork complemented by Korean side dishes,
samgyupsal dining has drawn crowds because of its nature as a communal food bonding experience. Romantic Baboy, a household name when it comes to Korean dining, has expanded to accommodate friends and family looking to dine at McKinley Hill.