Essayer OR - Gratuit

MacroAsia leases MCIA land amid aviation expansion

Manila Bulletin

|

February 11, 2026

MacroAsia Corp. (MAC), the aviation services and mining unit of Lucio Tan Group (LTG), is leasing a 2.6-hectare (ha) portion of Mactan-Cebu International Airport (MCIA) to expand its operations at the southern gateway.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Feb. 10, the firm said its wholly owned subsidiary, MacroAsia Properties Development Corp. (MAPDC), has signed a contract of lease with the Mactan-Cebu International Airport Authority (MCIAA) covering a parcel of land located at MCIA’s cargo area.

The leased property will be used for aviation-related services. The term of the lease is 15 years, renewable for another 10 years upon agreement by the parties, subject to terms and conditions approved by MCIAA’s board.

Just last month, MAC said its majority-owned subsidiary, MacroAsia Airport Services Corp. (MASCORP), is investing ₱400 million to build a new six-story headquarters dedicated to its aviation services operations.

PLUS D'HISTOIRES DE Manila Bulletin

Manila Bulletin

Manila Bulletin

Charter Change will not fully address corruption in gov’t - Leonen

Supreme Court (SC) Senior Associate Justice Marvic M.V.F. Leonen said that running after corrupt government officials and holding them accountable should be prioritized instead of Charter Change.

time to read

2 mins

February 11, 2026

Manila Bulletin

MTRCB’s Lala Sotto on film, television, and the road ahead

Movie and Television Review and Classification Board (MTRCB) Chair Lala Sotto Antonio emphasized that the agency is a partner, not an adversary, countering claims that paint it as the \"villain.

time to read

3 mins

February 11, 2026

Manila Bulletin

MacroAsia leases MCIA land amid aviation expansion

MacroAsia Corp. (MAC), the aviation services and mining unit of Lucio Tan Group (LTG), is leasing a 2.6-hectare (ha) portion of Mactan-Cebu International Airport (MCIA) to expand its operations at the southern gateway.

time to read

2 mins

February 11, 2026

Manila Bulletin

ERC: NGCP revenue capped at P375B

The Energy Regulatory Commission (ERC) has authorized a lower annual revenue requirement for National Grid Corp. of the Philippines (NGCP), slashing the operator’s proposed budget for grid upgrades and system reinforcements through 2027.

time to read

1 mins

February 11, 2026

Manila Bulletin

Manila Bulletin

Reinvention and reunion

Unaricci turns up a night of fashion, funk, and friendships

time to read

1 mins

February 11, 2026

Manila Bulletin

Transparency initiative in West PH Sea to continue – AFP

The Armed Forces of the Philippines (AFP) insisted on Tuesday, Feb. 10, that it will continue its transparency initiative in the West Philippine Sea (WPS), stressing that telling the truth about China’s aggressive and illegal actions in the area is not an “irritant” to diplomacy but part of its mandate to defend national sovereignty.

time to read

2 mins

February 11, 2026

Manila Bulletin

Back pocket clarity: A notebook in a world of code

There’s a particular relief that arrives the moment you open a notebook.

time to read

3 mins

February 11, 2026

Manila Bulletin

Let's bring the halal industry to greater heights

Assalamu alaikum wa Rahmatullahi wa Barakatuh.

time to read

2 mins

February 11, 2026

Manila Bulletin

Manila Bulletin

Six economic sabotage cases filed over P146M in smuggled cigarettes as government escalates war vs illicit tobacco trade

Authorities are intensifying their crackdown on tobacco smuggling as prosecutors move forward with multiple cases under the Anti-Agricultural Economic Sabotage Law (RA12022), signaling a tougher national stance against illicit cigarette operations that officials say are costing the government billions in lost revenue and undermining legitimate industries.

time to read

2 mins

February 11, 2026

Manila Bulletin

BIR introduces reforms to address allegedly anomalous LOA scheme

The Bureau of Internal Revenue (BIR) discussed some of its reforms on Tuesday, Feb. 10, aimed at addressing the alleged moneymaking scheme involving Letters of Authority (LOAs) within the agency by minimizing human intervention.

time to read

3 mins

February 11, 2026

Listen

Translate

Share

-
+

Change font size