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.
Ayala Corp. chairman Jaime Augusto Zobel has called on Philippine businesses to look beyond competition and work together on national priorities, arguing that long-term corporate success depends on a healthier, better-educated and more inclusive society.
The Bases Conversion and Development Authority (BCDA) is stepping up efforts to unlock the economic potential of government-owned land, signing four agreements to introduce tourism, commercial and community facilities in New Clark City and Camp John Hay.
Smart Communications has achieved a perfect zero percent call drop rate in the National Telecommunications Commission’s most recent service quality tests across Metro Manila, marking a major milestone in reliable voice service for subscribers. The result easily clears the regulator’s required standard of less than 2 percent call drop ratio, meaning calls connect and stay connected consistently for users. For customers, this translates to clearer, uninterrupted conversations whether for personal calls, work updates, or emergency communications—no more frustrating cut-offs that waste time and cause inconvenience.
The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.