LT Group Inc. (LTG), taipan Lucio Tan’s holding company for Philippine investments, reported a 15-percent growth in attributable net income to a record-high ₱22.57 billion for the first nine months of 2025, as almost all subsidiaries posted higher profits. In a disclosure to the Philippine...
Diversified conglomerate San Miguel Corp. (SMC) leads the nine Filipino companies included in Forbes Magazine’s World’s Best Employers list this year, which consisted of 900 companies. SMC was ranked at No. 42, the only Philippine company in the top 100, followed by Ayala Corp. (139),...
A quiet workday morning in Quiapo, Manila, might be part of Kyle Tan’s routine, but nothing about his journey has been. Inside his office at Tanduay Distillers Inc., two framed NBA jerseys hang on the wall—a constant reminder of his late father, Lucio “Bong” Tan Jr., and the unexpected path...
LT Group’s Tanduay remained the world’s top-selling rum for the eighth consecutive year after registering sales of 23.8 million case liters in 2024. According to The Millionaires ' Club report by Drinks International Magazine, the Philippine rum brand’s nearest competitors, Bacardi and...
Taipan Lucio Tan’s holding company LT Group, Inc. (LTG) reported its best first-quarter performance since its follow-on public offering in 2013 on the back on higher earnings contributions from its banking, tobacco, beverages and real estate units. In a disclosure to the Philippine Stock...
Taipan Lucio Tan’s LT Group Inc. is infusing a total of ₱3.5 billion into subsidiary Eton Properties Philippines, Inc. (EPPI) and its residential unit Eton City Inc. (ECI) to fund their growth initiatives. In a disclosure to the Philippine Stock Exchange, LTG said its management has finalized...
LT Group Inc., the holding company of taipan Lucio Tan, sees opportunities to expand its market leadership as inflation stabilizes while the country’s economic conditions improve. “As we look ahead to 2025, LTG remains committed to driving sustainable and innovative growth,” said LTG...
Ferronoux Holdings Inc. reported that not a single minority shareholder availed of the tender offer, as its market price is several times higher than the tender offer price of ₱2.22 offered by the controlling shareholder, Themis Group Corporation. In a disclosure to the Philippine Stock Exchange,...
Personnel from the Philippine Navy, Philippine Coast Guard, and Philippine National Police-Maritime Group display the Philippine flag on Sandy Cay (Pag-asa Cay 2) during an inter-agency maritime operation on April 27, 2025 to counter China's narrative that it seized the cay. (Courtesy of NTF-WPS)...
Police officers arrest a Chinese chef for selling an illegal gun online in Makati City. A 33-year-old Chinese chef was arrested by the Philippine National Police Anti-Cybercrime Group (PNP-ACG) for selling online a gun with an expired license in Makati City. The police said the suspect posted the...
(Office of the Presidential Adviser on Peace, Reconciliation and Unity) The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) has signed a memorandum of understanding (MOU) with Kennemer Group, a Philippine-based international agri-business organization, to enhance...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...