PNB Holdings makes PSE debut with 46.93B shares
PNB Holdings Corp. (LTL) listed 46.93 billion shares on the Philippine Stock Exchange (PSE) on Friday, including 23.9 billion shares distributed to…
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Lucio Co
Latest Daily Tribune news and analysis on Lucio Co.
Philippine Airlines orders 9 more Airbus A350-1000 jets
Philippine Airlines boosts its long-haul expansion with a new order for nine Airbus A350-1000 jets and purchase rights for five more, strengthening nonstop…
· 2 MIN READ
PAL opens new funding channel with $300-M bond debut
Philippine Airlines raised $300 million in its first international bond offering through Primero Agila Limited, pricing five-year Senior Notes at 7.75% coupon…
· 2 MIN READ
In for long haul
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LTG profit climbs 3% as bank offsets weaker units
LT Group Inc. (LTG) reported a 3% rise in attributable net income to P7.49 billion in Q1, as stronger earnings from Philippine National Bank (PNB) offset…
· 2 MIN READ
PHC development strategy anchored on careful planning, disciplined growth
PNB Holdings Corporation (PHC), led by Dr. Lucio C. Tan’s long-term vision, continues its disciplined property development strategy focused on sustainable…
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Fly Ace chief honored at Mansmith Awards
Fly Ace Corporation president Lucio “Jun” Cochanco Jr. receives the Mansmith Entrepreneur Award for his transformative leadership in the Philippine food and…
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PNB Holdings to raise P56B from PSE listing
Lucio Tan–led PNB Holdings Corp. plans to list on the Philippine Stock Exchange, potentially raising P56.32 billion to expand its shareholder base and…
· 1 MIN READ
From one tycoon to another: Lucio Co buys Villar’s PrimeWater
Under the deal, the Lucio Co Group’s Crystal Bridges will take full control of PrimeWater’s nationwide water and wastewater operations, including water…
· 1 MIN READ
Lucio Co acquires Villar-owned PrimeWater
Lucio Co’s Crystal Bridges acquires PrimeWater, consolidating water and wastewater operations nationwide and expanding its utilities presence.
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Tanduay hits record P2.15B income in 2024
Tanduay Distillers, Inc. reported a record P2.15 billion net income in 2024, up 37 percent year-on-year, driven by stronger liquor and bioethanol sales. The…
· 1 MIN READ
New president to pilot PAL growth
Philippine Airlines (PAL) is ushering in a new phase of international expansion and leadership realignment with the appointment of British airline executive…
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Consumer spending lifts Cosco’s P15.5-B profit
Combined, the total dividend payout amounts to P2.79 billion, representing a dividend yield of 7.45 percent
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MacroAsia-backed firm clinches P1.41-B Cebu desalination bid
The financing deal will fund the construction of two desalination plants: a 20 million liter-per-day (MLD) facility in Punta Engaño — upgraded from the…
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Puregold earnings up on growth gains
The growth was attributed to a 4.5 percent same-store sales growth from Puregold stores and a 6.4 percent increase in S&R Warehouse clubs, driven by higher…
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Villar and 15 others make Forbes 2025 richest list
Real estate mogul Manny Villar leads the Forbes 2025 list of the Philippines' richest, with a net worth of $17.2 billion. The list includes 15 Filipino…
· 2 MIN READ
Tobacco and beverages drive LTG profit to P29B in 2024
LT Group, Inc. posted a record P28.92 billion net income in 2024, a 14% increase from the previous year, led by strong earnings from tobacco, banking, and…
· 2 MIN READ