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.
Aboitiz Foundation is growing its partnerships with local groups across Cebu to boost community-led forest restoration under its CarbonPH climate initiative. Working with officials in Danao City and Balamban, the foundation is providing training and resources to help residents restore forests while building sustainable livelihoods.
The Departments of Trade and Industry (DTI) and Agriculture (DA) have intensified joint market inspections to keep rice and other essential goods fairly priced, signaling closer government oversight as authorities seek to contain food inflation and protect consumers' purchasing power.
Manila Electric Company (Meralco), headed by Manuel V. Pangilinan, is pushing ahead with improvements to its Elevated Metering Transformation (EMX) as part of ongoing efforts to modernize its power distribution system.