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.
Rookie PH is accelerating its expansion in Metro Manila, opening two new stores and rolling out back-to-school promotions as it seeks to bring global kids’ fashion brands closer to Filipino families ahead of the new school year.
Motorists will soon have a clearer way to compare the fuel efficiency of vehicles across brands as the government prepares to fully enforce a mandatory fuel economy labeling program aimed at standardizing vehicle performance information, according to the Department of Energy (DOE).
Australia has formally joined the Luzon Economic Corridor (LEC), underscoring its growing commitment to the Philippines’ infrastructure modernization, investment promotion, and economic reform agenda as bilateral ties continue to deepen.
Angeles Power Inc. (API), parent firm of listed renewable energy player Raslag Corp., has obtained a P2 billion loan from the Bank of the Philippine Islands to fund its 49.9-megawatt Paldo solar facility in Tarlac.