Corporate

Tanduay’s record profits fuel LTG growth amid strategic streamlining

Tanduay Distillers, Inc. (TDI) reported a record net income of P2.15 billion in 2024, a 37 percent jump from P1.57 billion the previous year, driven by strong liquor and bioethanol sales and strategic price hikes.

EastWest recognized among Top 5 issue managers at PDS Awards

East West Banking Corp. (EastWest) was again named one of the Top Five Corporate Issue Managers/Arrangers (Bank Category) at the Philippine Dealing System (PDS) Annual Awards Night, held on 4 April 2025.

Metro Retail deepens support for local farmers

Metro Retail Stores Group, Inc. is reinforcing its commitment to local agriculture by expanding its partnership with Gulay Farmers, a non-profit organization that links smallholder farmers to formal retail markets. 

PAL names Richard Nuttall as new president

Philippine Airlines (PAL) said Wednesday it has appointed Richard Nuttall, a British national and seasoned executive in the aviation industry, as its new president effective 29 May, signaling the flag carrier’s intent to strengthen its leadership and sharpen its international growth strategy.

Tesla misses 1Q earnings estimates as sales slide

Tesla Inc. reported weaker-than-expected first-quarter earnings on Tuesday, highlighting a sharp decline in automotive revenue that underscored the mounting pressures facing the electric vehicle...

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