Tag: Tanduay

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LT Group posts record earnings

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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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Jobless rate rise in May, underemployment rate eases 

Economy 0
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market. 

BCI eyes broader Philippine bet beyond telecom towers

Communications & Technology 0
Canadian institutional investor British Columbia Investment Management Corp. (BCI) is exploring a bigger investment footprint in the Philippines, expanding its focus beyond telecommunications infrastructure as it seeks opportunities in sectors poised for long-term growth.

Aboitiz boosts Bohol Airport safety via specialized training

Transport & Logistics 0
Aboitiz InfraCapital Bohol Airport Corp, (ABAC) is strengthening operational reliability at Bohol–Panglao International Airport by investing in internationally accredited technical training for personnel responsible for one of aviation's most critical—but least visible—safety systems.

US launches new strikes vs Iran

Context Dispatch 0
The US launched military strikes against Iran on Tuesday after accusing Tehran of attacking three commercial vessels transiting the Strait of Hormuz, escalating tensions in the Middle East. The US Central Command (CENTCOM) said the strikes were intended "to impose heavy costs" on Iran for targeting civilian-crewed commercial shipping in international waters, calling the attacks "a clear violation of the ceasefire." Earlier, the US Treasury Department barred new sales of Iranian oil after July 7, tightening sanctions. The twin developments sent global oil prices higher amid fears of renewed disruption to shipping through the critical energy corridor.

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