Tag: Tanduay

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Tanduay books record profit on price hike

Corporate Context.ph Context.ph -
Increases in selling prices bolstered the nine-month net income of Tanduay Distillers Inc. to a record P2.4 billion, up 59 percent from P1.51 billion in the year-earlier period.

LT Group posts record earnings

Corporate Context.ph Context.ph -
LT Group, Inc. (LTG), the flagship investment holding company of billionaire Lucio Tan, delivered its strongest nine-month performance on record, posting an attributable net income of P22.57 billion—a 14 percent increase year-on-year and the company’s best January-September and third-quarter results since its follow-on offering—delivered by the broad-based growth across the conglomerate.

Tanduay bares boosted operations

Corporate Context.ph Context.ph -
Listed distiller Tanduay under LT Group Inc., on Monday reported sharp boosts to the operation and distribution of its products.  

LT Group brings fabled rum brand to Austria

Corporate Context.ph Context.ph -
Lucio Tan’s LT Group Inc. has partnered with Weisshaus, a leading distributor of international spirits, to bring the Tanduay rum brand to Austria, making it the first Asian rum brand to enter the country.

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Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

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The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

Transport & Logistics 0
The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

Markets 0
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

Energy & Mining 0
A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.

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