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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Aboitiz leads PH power generation market share – ERC data

Data from the Energy Regulatory Commission (ERC) in June shows that Aboitiz Equity Ventures Inc. (AEV) holding the largest share of the power generation market at 24.30 percent, equivalent to 6.85 million kilowatts.

Sugar industry welcomes closure of bioethanol import loophole

The United Sugar Producers’ Federation of the Philippines (Unifed) has welcomed new guidelines from the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) that closes a regulatory loophole affecting imports of sugar-based feedstocks for bioethanol production.

Mixed fuel price adjustments expected this week

The various fuel retailers indicate mixed price adjustments for gasoline and diesel will take effect this week.

DA allocates funds and launches programs to preserve Ifugao rice terraces

The Department of Agriculture (DA) is stepping up efforts to protect the Ifugao Rice Terraces, a UNESCO World Heritage Site, from threats including climate change, aging infrastructure, and shifting farming practices. Agriculture Secretary Francisco Tiu Laurel Jr. led an assessment visit to Banaue and Batad Rice Terraces over the weekend to review conditions and consult with local farmers and officials.

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