Tag: MacroAsia

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MacroAsia Mining clears key hurdle for nickel project

Corporate Context.ph Context.ph -
MacroAsia Mining Corp. (MMC), a wholly owned subsidiary of MacroAsia Corp. (MAC), has secured a major regulatory green light for its Infanta Nickel Project after the Mines and Geosciences Bureau (MGB) approved its declaration of mining project feasibility.

MacroAsia breaks ground on aviation hub

Transport & Logistics Context.ph Context.ph -
MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.

MacroAsia 3Q profit up 9%, eyes strong 4Q

Corporate Context.ph Context.ph -
MacroAsia Corp., a listed unit of the Lucio Tan Group, reported a 9 percent rise in consolidated net income to up P384.3 million in the third quarter of 2025, powered by higher aviation service volumes, solid catering recovery, and steady water operations.

New Earth breaks ground on Iloilo water project

Environment Context.ph Context.ph -
New Earth Water System Inc., a wholly owned subsidiary of Boracay Tubi System, Inc. (BTSI), has officially broken ground on the New Earth Iloilo Water Supply Project, a major infrastructure initiative aimed at addressing Iloilo’s growing demand for clean, reliable water.

MacroAsia unit breaks ground on P1.2B cold storage, commissary project

Corporate Bulletins Context.ph Context.ph -
MacroAsia Corp. said its 67%-owned subsidiary MacroAsia SATS Food Industries Corp. broke ground on Thursday, August 7, to kick off the construction for its P1.2 billion Cold Storage and Commissary Expansion Project.

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PAL 1H 2026 revenue up 5.9% but fuel cost surge drives net loss

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Philippine Airlines (PAL) reported a 5.9 percent rise in first-half 2026 earnings, though a steep jump in fuel expenses pushed the country’s flag carrier to a net loss for the period.

Metrobank adds new safeguards as digital scams evolve

Banking & Insurance 0
Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.

US, Japan, Philippines court investors for Luzon corridor 

Trade & Investments 0
The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.

Shakey’s Pizza Asia Ventures posts 12% 1H 2026 sales growth amid headwinds

Corporate 0
Shakey’s Pizza Asia Ventures (PSE:PIZZA | SPAVI) recorded 12 percent year-on-year growth in system-wide sales to ₱13.0 billion for the first half of 2026, with consolidated revenues up 9 percent to ₱8.2 billion. Performance faced pressure from inflation and reduced consumer spending, with second-quarter same-store sales dipping one percent year-on-year though rising 4 percent sequentially.

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