Tag: Tanduay

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Tanduay books record profit on price hike

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Increases in selling prices bolstered the nine-month net income of Tanduay Distillers Inc. to a record P2.4 billion, up 59 percent from P1.51 billion in the year-earlier period.

LT Group posts record earnings

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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

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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

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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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EastWest earns global recognition for customer‑centric banking

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EastWest has been named Best Customer Centric Business Model – Philippines at the Global Retail Banking Innovation Awards. The bank’s hybrid model combines fast digital services for everyday transactions with in‑person advisory support for major financial decisions.

Meralco first-nine-month 2026 core income rises 12% to P44.8B; eyes full-year net income above P56.6B

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The Manila Electric Co., or Meralco, posted a 12‑percent jump in consolidated core net income for the first nine months of 2026, reaching P44.8 billion versus P40.02 billion recorded in the same stretch of 2025, the country’s largest power distributor announced Wednesday.

Ayala Malls opens The Exchange at Trinoma on October 30

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Ayala Malls is launching The Exchange at Trinoma this coming October 30, marking the next major phase of the Quezon City mall’s reinvention as a one‑stop lifestyle and mobility hub.

Mining sector lags output targets, looks to foreign partnerships for growth

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The country’s mining industry remains focused on raw‑ore exports with limited local processing, even as government and industry experts push to boost production and value addition through cooperation with the United States, Sweden and other international partners.

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