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.
Global payments company Visa Inc. has partnered with Bank of the Philippine Islands (BPI) to introduce Visa Direct in the Philippines, a service that allows customers to send money abroad in real time.
The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.
Telecom company Globe Telecom has improved its load and promo loan services for Globe Prepaid and TM users, making it easier for Filipinos to stay connected even without mobile balance.