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.
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.
President Ferdinand R. Marcos Jr.’s meeting with Russian President Vladimir Putin this week is expected to spotlight energy and food security as the Philippines seeks to diversify strategic partnerships amid persistent geopolitical tensions and volatile global commodity markets.
Manila Water Company, via its social development arm Manila Water Foundation (MWF) and unit Manila Water Philippine Ventures-Cebu, joined forces with Manny Pacquiao Holdings and Sarangani’s disaster office to launch water relief in Malapatan and Glan towns, following the magnitude 7.8 earthquake that struck Soccsksargen.
The Sugar Regulatory Administration (SRA) has deployed drones to control the red striped soft scale insect (RSSI), a pest that cuts sugar content by nearly half, in Visayas sugar farms.