BusinessWorld
August 5, 2021 | 12:06 am
ANDREW L. Tan’s listed property firm Megaworld Corp. posted a 39% growth in net attributable income to P2.6 billion in the second quarter compared with last year’s P1.9 billion on the back of improved performance across its office leasing business, and its retail and hospitality arm.
“We attribute the steady recovery of our businesses to our ability to identify opportunities amidst the pandemic, as we continue to focus our efforts to create products and services that meet the evolving needs of our customers,” Kevin Andrew L. Tan, chief strategy officer of Megaworld, said in a statement on Wednesday.
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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