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.
Local motorists should brace for a hefty increase in fuel prices this week, with diesel prices projected to surge by as much as P10.50 per liter and gasoline by up to P4 per liter. Jetti Petroleum President Leo Bellas confirmed that these steep upward adjustments reflect a full five-day trading period in the global market, alongside foreign exchange averages, rising cargo premiums, and local industry recovery efforts. While gasoline is expected to climb between P3.50 and P4 per liter, diesel will see a minimum hike of P10 per liter. No price outlook was provided for kerosene.
Grand Union Supermarket Inc., which runs the South Supermarket chain, has completed solar carport projects at two of its branches in Malolos, Bulacan and Los Baños, Laguna in partnership with First Gen Group. The facilities, finished and activated in late May 2026, mark First Gen’s first ground-up solar carport developments, coming about one year after construction began and one and a half years following the agreement signed by both sides in January 2025.
Philippine Airlines is working to bring back flights to India, more than seven years after putting the plan on hold in 2019 because of airspace tensions between India and Pakistan.