Wednesday, May 20, 2026
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Tag: Lucio Tan

LT Group’s income hit P15.4b in first half

LT Group Inc., the publicly-listed holding company of tycoon Lucio Tan, said over the weekend net income jumped 313 percent in the first half...

Tan’s Asia Brewery taps Shell to supply renewable energy

Asia Brewery Inc. of tycoon Lucio Tan and Shell Energy Philippines Inc., a subsidiary of Pilipinas Shell Petroleum Corp., signed a renewable energy supply...

PNB names Casuela as officer-in-charge

Philippine National Bank, one of the largest lenders led by tobacco and airline tycoon Lucio Tan, on Tuesday named director Florido Casuela as officer-in-charge...

Tan’s LT Group booked P6.5-b net profit in Q1

LT Group Inc., the holding company of billionaire Lucio Tan, reported a slight uptick in first-quarter earnings to P6.53 billion from P6.49 billion in...

PNB’s net income grew 57% to P2.81 billion in 1st  three months

Philippine National Bank, one of the largest lenders led by tobacco and airline tycoon Lucio Tan, posted a 57-percent increase in first-quarter net income...

LT Group appoints Tan’s grandson as vice-chair and COO

Conglomerate LT Group Inc. said Wednesday its board approved the appointment of Lucio Tan III, the grandson of beer and tobacco tycoon Lucio Tan,...

LT Group’s income topped P20 billion in 2021

LT Group Inc., the holding company of tycoon Lucio Tan, said Friday net income reached P20.25 billion in 2021, down 3.7 percent from P21.02...

Tan sees PAL recovery this year amid reopening of economy

Philippine Airlines said Tuesday it expects a rebound amid the reopening of domestic and some international travel, and following the exit from US Chapter...

PAL on track to full recovery, appoints new president, COO

Philippine Airlines on Monday named a former pilot as its new president and chief operating officer to guide the airline’s full recovery from Chapter...

Lucio Tan determined to bring PAL to recovery

"He is continuing to fish." “Fish or cut bait” is an admonition familiar to people who engage in the sport of fishing. The admonition simply...

LT Group’s Q3 net profit rose 2.3% to P6.21b

LT Group Inc. of tycoon Lucio Tan said over the weekend net income rose 2.3 percent in the third quarter to P6.21 billion from...

US court okays PAL’s rescue funding

Philippine Airlines Inc. said Friday it secured an approval from US Bankruptcy Court in New York to access the first $20 million from a...

Lucio Tan’s ‘deep pockets’ critical to recovery of PAL

The recovery of Philippine Airlines, which filed for Chapter 11 bankruptcy in the United States, will depend on how deep the pocket of majority...

LT Group’s income fell 63% in first half

LT Group Inc., the holding company of businessman Lucio Tan, said first-half net income declined 63 percent to P3.73 billion from P10 billion in...
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