{
  "id": 3061362,
  "title": "Makro charts Philippines comeback in 4 ALI estates",
  "url": "https://urgent.news/2026/08/24/makro-charts-philippines-comeback-in-4-ali-estates",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/08/25/2551510/makro-charts-philippines-comeback-4-ali-estates"
  },
  "original_language": "en",
  "account": "Manila, Philippines - Makro is making a significant return in the country with the construction of four new stores within Ayala Land Inc. (ALI)’s mixed-use developments. ALI has entered into land lease agreements with Makro Philippines to establish the new stores in Cloverleaf, Balintawak, Quezon City; Broadfield, Biñan, Laguna; Arca South, Taguig City; and Evo City, Kawit, Cavite. The strategic move aims to bring the wholesale brand closer to expanding communities and small businesses across Luzon, providing access to these locations from Metro Manila to emerging growth centers in Southern Luzon. ALI retains ownership of the properties in Broadfield, Evo City, and Cloverfield, while Makro will handle the development and operation of the stores. In Arca South, Makro will operate within Ayala Malls Arca South. ALI’s regional estates head Christopher Maglanoc stated that the estates are designed to cater to growing communities, and the introduction of a wholesale format like Makro will add value to these locations beyond the retail customer. Makro Philippines is a joint venture between Ayala Corp. and CP Axtra Public Co. Ltd., combining Ayala’s local market expertise and land bank with CP Axtra’s experience in regional retail and wholesale. Makro will offer a range of products including fresh and dry food, imported goods, and non-food essentials through its physical stores and e-commerce platform, employing an omni-channel model to serve both businesses and households. Shaun Wong, deputy chief executive of Makro International, expressed excitement about the partnership, highlighting the synergies of combining two well-established businesses on both the land and retail sides.",
  "summary": "Makro is making a major comeback in the Philippines with four new stores rising within Ayala Land Inc. mixed-use estates.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}