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.
A recent Supreme Court decision dismissing a Writ of Kalikasan petition against Hinatuan Mining Corp. is seen by the Philippine nickel industry as a boost to investor confidence and regulatory stability.
Paraguay is seeking to strengthen trade, investment, and diplomatic ties with the Philippines and the broader Southeast Asian region, President Santiago Peña said Monday during the signing of key bilateral agreements.
Leading Philippine travel associations are pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.
Yindjibarndi Energy Corp., a partnership between the Yindjibarndi Aboriginal Corp. and Philippine-listed renewable energy firm ACEN Corp., will begin construction of the Jinbi Solar Project in Western Australia’s Pilbara region after reaching Financial Close and securing a 30-year power purchase agreement with Rio Tinto.