MacroAsia Corp., the listed aviation-support services arm of the Lucio Tan Group, is deepening its presence at one of the country’s busiest gateways, securing more runway for growth in Cebu.
Aboitiz InfraCapital, Inc. (AIC) said its airport portfolio made a strong showing last year, recording 16.2 million passenger arrivals as air travel demand continued to surge across the Visayas and Northern Mindanao.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.