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More articles about: Lucio Tan

 
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It’s to help improve the company’s revenue.
Philippine National Bank is selling off three prime properties collectively worth almost $1 billion to help reduce low-earning assets and improve revenue.Top Story: Who Are Philip and Small Laude? The bank owned by billionaire Lucio Tan said it is planning to dispose of a ...
 
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Cavite says it's up to the national government.
Proponents of the $10 billion (P550 billion) were elated when the provincial government of Cavite moved forward with the project by awarding it to a consortium of Filipino and Chinese companies earlier this year. Also read: Is Sharon Cuneta Really A Billionaire? The initial phase ...
 
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Losses wiped out cash infusion of P17.7 billion since last year.
PAL Holdings Inc., the parent company of the nation’s flag carrier Philippine Airlines, reported a comprehensive loss of P22.02 billion in the first six months of 2020. That’s P19.01 billion higher than the P3.01 billion loss it reported in the same period ...
 
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But PNB posted a 64% decrease in earnings during the same period.
Tycoon Lucio Tan’s listed LT Group reported total attributable net income of P10.03 billion in the first six months of 2020, up P790 million or nine percent compared to P9.24 billion during the same period in 2019. The company bucked the downward trend ...
 
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He replaces Gilbert Sta Maria, who resigned just three months after his appointment.
UPDATEDPhilippine Airlines (PAL) has appointed Lucio Tan’s son as the new president of PAL Holdings, the holding company of the nation’s flag carrier. Lucio Tan Jr replaces Gilbert Sta. Maria, who was appointed by the senior Tan himself just over three months ago.PAL, however, ...
 
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Meet the exceptional industry leaders who are making a difference in their respective fields of business.
Hard work, grit, and persistence—these are the traits exhibited by the titans of industry in the Philippines.The contributions of these leaders have improved the quality of our daily lives. Cheers to these exceptional Filipinos who are making a difference in their respective ...
 
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These tycoons and their heirs apparent help lead the Philippine economy to progress.
The Taipan: Ramon Ang, president and chief operating officer of San Miguel CorporationEducation: BS Mechanical Engineering, Far Eastern UniversityThe Empire: SMC is rooted in its food, alcoholic and non-alcoholic beverages, and packing industries. It has recently ventured into a slew of corporate ...
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