Tag: MacroAsia

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MacroAsia Mining clears key hurdle for nickel project

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

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

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

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

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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Meralco Networks Group retains ISO quality certification with zero non-confirmities

The Networks Group of the Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has kept its ISO 9001:2015 Quality Management System certification after passing its second surveillance audit with no issues found.

BPI to launch stablecoin settlement system for faster, cheaper cross-border payments

The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.

ADB backs LWUA’s P1.99-B projects for water districts

The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.

PH strengthens US tariff case with forced labor ban

The Philippines has bolstered its position in the US' ongoing Section 301 tariff review by adopting stricter rules that prohibit the importation of goods produced through forced labor, a move aimed at strengthening supply chain integrity while protecting domestic manufacturers from unfair competition.

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