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.
The Philippine property market is slowing, but developers are not exactly heading for the exits. Instead, a weak economy, higher borrowing costs, and geopolitical uncertainty are prompting a more deliberate approach to launches, leasing, and expansion, according to Colliers Philippines.
The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.
InLife is stepping up efforts to make insurance easier to access as Filipinos increasingly turn to digital platforms for financial and everyday services.
Converge ICT Solutions Inc., the Department of Trade and Industry (DTI) and TikTok Shop have launched a program aimed at helping Filipino micro, small and medium enterprises (MSMEs) expand their online businesses through connectivity, e-commerce tools, insurance and mentorship.