Tag: PNB

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LT Group reports 14% rise in net income in 2024

Corporate Context.ph Context.ph -
The LT Group Inc., the holding company led by tycoon Lucio Tan, reported a 14 percent increase in attributable net income in 2024 reaching P28.92 billion, up from P25.42 billion in 2023. The performance was driven by strong contributions from its tobacco, banking, and alcohol segments.

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Philippines races to wrap key trade deals by mid-2026

Trade & Investments 0
The Philippines is accelerating negotiations for several free trade agreements (FTAs), with officials aiming to conclude key deals by mid-2026 to widen market access for local exporters.

Philippines pitches takeover of nickel HPAL plant

Energy & Mining 0
The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.

ADB lines up $280M loan to spur Philippine innovation

Banking & Insurance 0
The Asian Development Bank is preparing an indicative USD280-million...

SN Aboitiz targets 56-MW battery storage expansion in 2026

Energy & Mining 0
Renewable energy developer SN Aboitiz Power (SNAP) expects to complete 56 megawatts (MW) of new battery energy storage system (BESS) capacity in 2026, increasing its total capacity to 729 MW from the current 673 MW.

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