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.
Manila Electric Co., the country’s largest power distributor by sales, is stepping up its renewable energy ambitions after the launch of the first phase of the MTerra Solar project.
The government is stepping up its push to capture a larger share of the lucrative meetings, incentives, conferences and exhibitions (MICE) market, injecting an additional P140 million into the expansion of the World Trade Center Metro Manila (WTCMM) to strengthen the country's business tourism infrastructure.
As digital lending gains ground in the Philippines, AI-powered lender Tala is urging the industry to put consumer protection on equal footing with credit access, warning that abusive collection practices by rogue operators could erode public confidence in financial technology.
A trip to Camiguin may soon begin with a better first impression. The newly upgraded Benoni Port is set to make island hopping less about waiting in line and more about getting straight to the White Island sandbar, volcanic springs, waterfalls, and laid-back charm that have made the island one of the country's favorite hidden escapes.