Tanduay Distillers Inc. reported that its business continued to grow in 2022 as it improved its operations and distribution to increase market share and venture into new markets overseas. “With the help of the management and marketing teams, we were able to bring Tanduay to more people. Our...
Tanduay Distillers Inc. has partnered with Weisshaus, a leading distributor of international spirits, to bring the brand to Austria, making it the first Asian rum brand to enter the country. In a statement issued by Tanduay, Weisshaus Managing Director Andreas Osler said they see Tanduay’s...
But first New Year greetings from eight of the icons of the Philippine private sector (Cover design by Jovanni Bernasol) In the OCTA Research-organized, Tugon ng Masa (TNM) National Survey conducted between Oct. 23 and 27, 2022 through face-to-face interviews with 1,200 male and female Filipinos 18...
Retail tycoon Lucio Co is selling another personal investment to one of his publicly-listed corporations. In a brief disclosure to the Philippine Stock Exchange, Puregold Price Club said it is acquiring 100 percent of the Co family’s PSMT Philippines Inc. for P112.5 million. “The Board of...
Cosco Capital, Inc., the listed retail holding firm of tycoon Lucio L. Co, posted a 19.7 percent growth in consolidated net income to P8.7 billion in the first nine months of 2022 from P7.27 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
Retailer Puregold Price Club, Inc. and imported liquor distributor The Keepers Holdings Inc., both listed firms controlled by tycoon Lucio Co, reported strong earnings growth in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, Puregold said it grew consolidated...
Despite the challenges posed by the pandemic and a more competitive spirits market, Tanduay managed to outsell other rum brands and win its fifth consecutive World’s Number Rum 1 award. Billionaire Lucio Tan’s grandson, Lucio Tan III, who took the reins at Tanduay Distillers, Inc. as...
LT Group Inc. announced that its Board of Directors has appointed the founder’s grandson Lucio C. Tan III to replace his uncle Michael G. Tan as Vice Chairman and Chief Operating Officer (COO) of the conglomerate. In a statement, LT Group said Michael Tan will continue to serve in his capacity as...
71910 Fresh from its financial restructuring, Philippine Airlines (PAL) turns 81 today, March 15, and looks forward to "a comeback year" via network expansion, digital innovation, and a more cargo-driven strategy. “We look forward to a comeback year for Philippine Airlines and for our country,”...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the upgrade of the commercial banking license of Philippine Bank of Communications (PBCOM) to that of a universal bank. In a disclosure to the Philippine Stock Exchange, PBCOM asid the license upgrade provides additional...
The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported a 17 percent growth in consolidated net income to P7.27 billion in the first nine months of 2021 from the P6.23 billion earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm...
