MORE than 5,000 families in Lapu-Lapu City, who have long relied on trucked-in water deliveries, are poised to gain access to ...

The water unit of MacroAsia Corp. has secured a P1.41-billion loan from Security Bank Corp. to fund the construction of desalination facilities in two tourist spots in Cebu.

MANILA, Philippines — A company backed by aircraft maintenance service provider MacroAsia Corp. has secured a P1.41-billion loan to put up seawater desalination plants in Cebu province.

The Lucio Tan-led company said Cebu Summa Water Lapu-Lapu Inc. (CSWLL), a wholly owned subsidiary of Summa Water Resources Inc. (SWRI), had signed a financing loan agreement with Security Bank ...