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 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 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.
The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.