Megaworld Building Town Center in Bacolod


Source: Inside Retail Philippines | November 23, 2016


With the strong tourism potential in the province, property giant Megaworld Corporation plans to build a 7.5 ha commercial town center in its upcoming Bacolod project.

Megaworld’s Northill Town Center will be part of its 53 ha Northill Gateway township in Negros Occidental, and feature dining, retail, leisure and tourism amenities.

It says the horizontal commercial development will mainly comprise stand-alone two-storey structures of retail shops and dining establishments, surrounded by landscaped parks and open spaces.

“The town center, which will be accessible along the Bacolod-Silay Airport Access Road, will also have a central plaza, an events venue, ‘pasalubong’ centers featuring Negrense delicacies, a supermarket, and wellness and sports facilities,” says the developer.

“The Northill Town Center will certainly become a destination not just for tourists and visitors to the province, but also for Negrenses who want to unwind and relax,” says Megaworld Lifestyle Malls senior VP Kevin Tan.

About a third of the commercial development will be devoted to green and open spaces and feature a central plaza with special water elements.

“An iconic chapel will also be built to serve as a major landmark for the township,” says Megaworld, with construction of the center to start early next year and completion slated for early 2018.

Northill Gateway is a joint development of Megaworld and its wholly owned subsidiary Suntrust Properties in partnership with the Lacson family. It is also building an upscale 15 ha residential village within the township, to be called Forbes Hill. Meanwhile, Suntrust is building Fountain Grove, another themed residential community inside the Bacolod township.

Andrew Tan acquires RP McDonald’s


Rising  tycoon: Megaworld’s Tan now heads RP McDonald’s Group

(Source:  GMANews Online)

Andrew Tan, who heads Megaworld, has been elected chairman of Alliance Global which oversees the local operations of McDonald’s, raising hopes that his business acumen may help the fast food giant improve its local sales.

Alliance Global’s unit Golden Arches Development Corp. operates the McDonald’s brand in the Philippines under a franchise agreement with USA’s McDonald’s.

McDonald’s, the world’s number one hamburger chain, only ranks second to homegrown Jollibee Foods Inc. in the Philippines.

Dina Inting, Alliance Global first vice president for finance, told GMANews.TV that Chinese-Filipino businessman George Yang – famous for bringing the McDonald’s chain to the Philippines – has passed the torch to Tan, a former vice-chairman at Alliance.

Yang now sits as vice-chairman at Alliance Global.

“This is the first time that Mr. Tan is taking on the chairmanship of Alliance Global since it became publicly-listed in 1999,” Inting said. “He has investments in the company in his personal capacity.”

Alliance Global is a holdings firm with interests in glass manufacturing, food and beverage trading, fastfood operation, and property development.

Rising tycoon
Tan, 57, has built Megaworld as one of the country’s leading property firms, with an extensive project pipeline comprising six township projects in Metro Manila.

Its flagship project is Eastwood City, a business and retail enclave in Quezon City, which counts Citibank, IBM, and anti-virus firm Trend Micro as among its major tenants.

Eastwood City is the country’s first information and technology business park specifically targeting business process outsourcing (BPO) companies.

It is currently developing McKinley Hills, a high-end township project in Fort Bonifacio, a former military camp. The residential project is 82 percent sold. – GMANews.TV –

FedEx to deliver online purchases to Hong Kong 7-11 Stores


FedEx to deliver online purchases to Hong Kong 7-11 Stores

(Source: Inside Retail Asia | November 24, 2016)
FedEx Express will start delivering online purchases to Hong Kong 7-Eleven stores for self-collection.

There will be no charge for the FedEx Hong Kong 7-Eleven Stores Self-Collection Service, offering online shoppers greater flexibility and convenience.  The can pick up their purchases at the 7-Eleven store of their choice at any time.

“Increasingly customers are asking for more flexibility from the way they ship to the way they receive packages,” says FedEx Express Hong Kong/Macau MD Anthony Leung. “The new self-collection service will bring significant value to the fast growing e-commerce sector as online shoppers no longer have to worry about missing their deliveries.”


7-Eleven Hong Kong/Macau sales and marketing director Rose Yeung says the new services is another step forward in expanding its service portfolio which includes bill payment, ticketing, self-pick-up and donations.

Established in Hong Kong for 35 years, 7-Eleven has more than 900 stores.