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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PH global debt position widens  to $54.9B on lower cash reserves, market drops

The countey’s net global debt position widened to $54.9 billion at the end of March 2026, driven by a drop in the nation's foreign cash reserves and falling global bond values, preliminary central bank data showed.

Metro Manila minimum wage jumps by record P85

More than 1.1 million minimum wage earners in Metro Manila will receive a record P85 daily wage increase in two tranches starting July 19, giving workers an immediate pay boost while allowing employers more time to adjust to higher labor costs.

PH, US seek broader economic ties under new envoy

President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

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