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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FedEx breaks ground on major Clark expansion

Federal Express Corp. (FedEx) has broken ground on the expansion of its Clark gateway facility, doubling down on the Philippines as a key logistics and trans-shipment hub in Asia amid booming cross-border trade and e-commerce demand. 

US backs Clark Zone for secure supply chains

US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

DOJ cracks down on procurement bid-rigging schemes 

The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.

AboitizPower, MOELCI-I sign emergency power deal for Misamis Occidental

Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.

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