Makapa Corporation, a company founded by Albay 2nd District Representative Carlos ‘Caloy’ Loria, had been securing billions in government contracts in the Bicol region. Loria was considered a political neophyte when he won the May 2025 election against Zaldy Co’s brother Christopher Co.

Full story: https://www.rappler.com/newsbreak/in-depth/christopher-co-rival-carlos-loria-flood-control-deals-bicol/