Historic Church and Infrastructure Damaged by Typhoon Leon in Batanes

Supertyphoon Leon, also known as Kong-rey, caused extensive damage in Batanes, collapsing the facade of the historic Santa Maria de Mayan Church and affecting infrastructure in northern Luzon. The severe weather event highlighted the vulnerabilities of historical structures and the need for robust disaster preparedness. Residents and authorities are working together to rebuild and restore normalcy.

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Megawide Divests Cebu Airport Stakes

Megawide Construction Corp. has sold its remaining shares in the Mactan-Cebu International Airport for P7.76 billion to Aboitiz InfraCapital. This move is part of Megawide’s strategy to improve liquidity and shift toward property development, enhancing its financial position and strategic focus.

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