Competition in the Philippine brandy market is intensifying as Tanduay Distillers Inc. enters a distribution agreement with Spanish spirits producer Miguel Torres SA, aiming to chip away at the dominance of local giants and established imports. Tanduay President and Chief Executive Officer Lucio...
Six years ago, Philippine Airlines (PAL) was flying through an existential storm, operating repatriation flights while the rest of the world’s hangars went dark. Today, the “Heart of the Filipino” has found its second wind. At a star-studded 85th-anniversary gala attended by President...
Lucio Tan III stood on the same tarmac where his grandfather once cemented Philippine Airlines’ (PAL) global ambitions, a generational handover that pairs the flag carrier’s legacy with tech-driven pursuit of fiscal efficiency. The delivery of PAL’s first Airbus A350-1000—the centerpiece...
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...
Flag-carrier Philippine Airlines Inc. (PAL) is geared up to expand its global presence and strengthen its position as a competitive player in international aviation to sustain its strong performance last year. The airline’s growth will also bank on the recent leadership change with the...
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...
Tanduay Distillers, Inc. (TDI), the spirits unit of the Lucio Tan Group, posted a 37 percent growth in net income to a record ₱2.15 billion in 2024 from the ₱1.57 billion earned in the previous year. In a statement, the firm said this growth was driven by a combination of higher sales...
Incoming Philippine Airlines (PAL) President Richard Nutall (left) and incoming Executive Vice President and Chief Operating Officer (COO) Carlos Luis Fernandez (right) Flag carrier Philippine Airlines (PAL) has appointed British national and veteran airline industry executive Richard Nuttall as...
Estelito "Titong" Patdu Mendoza From defending powerful tycoons in high-profile corporate battles to serving as the government's chief legal strategist, Estelito Mendoza's career was a tapestry of legal victories and controversies. Mendoza, “Titong” to those who knew him, was a prominent...
Adding a touch of youthful energy to the Philippines' delegation at the World Economic Forum (WEF) in Davos, Lucio Tan III, grandson of Filipino tycoon Lucio Tan, joined government officials in courting global investors. Tan, the millennial president of the LT Group, was more than just a...
Tanduay Distillers Inc. is aiming to penetrate new markets in Europe and Latin America this year after successfully venturing into the Czech Republic and South Korea in 2024. In a statement, the firm said “Plans are underway to establish a brand presence in France, Italy, Spain, Denmark, the...
Flag carrier Philippine Airlines (PAL) reported a comprehensive net income of P9.48 billion for the first half of 2024, 30 percent lower than in the same period last year. Based on the disclosure of parent company PAL Holdings Inc. to the Philippine Stock Exchange (PSE), this is on the back of...
