Tag: Tanduay

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LT Group posts record earnings

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

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

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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ERC greenlights P1.38 billion transmission facilities for Laguna Lake floating solar project

Renergy firm NKS Solar One Inc. has received official approval from the Energy Regulatory Commission (ERC) to develop and own dedicated transmission infrastructure worth P1.38 billion, which will connect its 250-megawatt floating solar power project on Laguna Lake to the main Luzon power grid.

Senate orders submission of VP Duterte’s bank records

The Senate, sitting as an impeachment court, on Monday ordered banks to produce the peso account records of Vice President Sara Duterte and her husband, Manases Reyes Carpio, from 2007 to 2021, as House prosecutors seek to use these documents to prove whether she amassed alleged ill-gotten wealth. The court also subpoenaed the financial records of 19 corporations and one partnership linked to the couple, along with relevant documents from the Anti-Money Laundering Council, all to be submitted by July 30. It likewise allowed the production of the couple's income tax returns for the same period to establish their financial baseline, a key issue in one of the Articles of Impeachment. The ruling, issued by presiding officer Senator Francis Escudero, appeared to stem from an earlier caucus. But no vote tally was disclosed, and it remained unclear whether the senator-judges formally voted on the subpoenas.

Philippines records highest June electricity rates in ASEAN, driven by supply shortages 

The Philippines registered the highest national average power rate in the ASEAN region for June 2026, reaching P12.43 per kilowatt hour.

Siargao rides history with first World Surf League tour

Cloud 9 has long been one of surfing's best-kept secrets. This October, the wave that helped define Philippine surfing will finally take center stage.

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