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.
Basic Energy Corp. has launched an electric mobility initiative aimed at easing the public transport sector’s long-running exposure to volatile fuel prices, signaling a broader shift toward integrated, low-carbon transport solutions.
Aboitiz Equity Ventures Inc. said its indirect subsidiary is contesting a hefty penalty from Malaysian regulators over alleged anti-competitive behavior, pushing back against findings it says do not reflect its business practices.