Taipan Lucio Tan's MacroAsia Corp. said its water unit has secured a P1.4-billion loan from Security Bank to fund the construction of seawater desalination plants in Lapu-Lapu City, Cebu.
Taipan Lucio Tan-led MacroAsia Corp. ended 2024 with a strong financial performance, growing its net income by 28 percent to P1.37 billion as demand rebounded across aviation and support services.
Tycoon Lucio Tan’s MacroAsia Corp. said its dormant mining business in Palawan province is edging closer to resuming operations, providing a potential new revenue source for the airline maintenance-focused company.