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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SEMPHIL expansion draws 30 Korean suppliers

Samsung Electro-Mechanics Philippines Corp.’s (SEMPHIL) P50.7-billion expansion is starting to draw interest from its Korean supply chain, with about 30 Tier 1 suppliers of parent Samsung Electro-Mechanics Co. Ltd. (SEMCO) expected to come to the Philippines in October to assess potential local investments.

ACMobility takes EV safety campaign nationwide

ACMobility has launched a nationwide electric vehicle safety education program covering EV technology, charging, ownership, and vehicle safety as electric vehicles become more common in the Philippine market.

Marcos signs expanded tertiary education law

President Ferdinand Marcos Jr. on Friday signed amendments to the Universal Access to Quality Tertiary Education Act, expanding government assistance beyond free tuition to help poor and disadvantaged students stay in college or technical-vocational training and build a larger skilled workforce.

PCCI backs $110B electronics export target

The Philippine Chamber of Commerce and Industry (PCCI) is backing the electronics industry’s push to raise exports to USD110 billion by 2030, but said achieving the target will depend on how quickly the government and industry can turn the new roadmap into investments, skills, and higher-value semiconductor capabilities.

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