Topic

Lucio Tan

Lucio Tan is a prominent Filipino businessman who leads LT Group Inc., a conglomerate that includes Philippine National Bank, Fortune Tobacco Corp., Tanduay Distillers Inc., and other major companies. His grandson, Lucio Tan III, currently serves as president of LT Group, focusing on innovation and operational excellence across key industries. In recent years, the group has reported strong financial performances, with PNB achieving its best half-year performance in 2025.

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This is an AI-generated summary based on recent coverage. It was last updated on Tue, August 26, 2025 at 10:26 PM

Latest Stories

Recent developments on Lucio Tan

Sun, July 27, 2025 at 7:18 PM

Enrique Razon Jr named Philippines richest surpassing Manuel Villar

Global ports magnate Enrique Razon Jr. has claimed the top spot as the Philippines' richest individual, surpassing property tycoon Manuel Villar according to Forbes' real-time ranking.

Wed, April 3, 2024 at 1:09 AM

16 Filipinos make it to Forbes 2024 world's richest list

Sixteen Filipinos are on Forbes' 2024 list of the world's richest people, which features 2,781 names.

Mon, October 30, 2023 at 2:15 PM

Lufthansa Technik Philippines to invest P15 billion for expansion

Lufthansa Technik Philippines (LTP) is set to invest approximately P15 billion to expand its aircraft maintenance, repair, and overhaul (MRO) capacity in the Philippines.

Sat, September 23, 2023 at 12:00 AM

Lucio Tan, wife resign from PNB board as part of succession plan

Lucio Tan and his wife Carmen have resigned as directors of the Philippine National Bank (PNB) as part of a succession plan for the Lucio Tan (LT) Group.

Tue, April 4, 2023 at 9:36 PM

Manny Villar leads 14 Filipinos in Forbes' 2023 billionaires list

Real estate tycoon Manny Villar Jr. leads 14 Filipinos in Forbes' 2023 World's Billionaires List, ranking as the 232nd richest person globally with a net worth of $8.6 billion.

Fri, May 27, 2022 at 5:20 AM

Stanley Ng assumes PAL president role, company returns to profit

Stanley Ng has officially assumed his role as the president and chief operating officer of Philippine Airlines (PAL), four months after his initial appointment.

Tue, March 15, 2022 at 9:00 PM

PAL aims for strong comeback in 2022 after bankruptcy

Philippine Airlines (PAL) anticipates a significant recovery and comeback in 2022, aiming to emerge stronger after navigating financial difficulties brought on by the COVID-19 pandemic.

Sat, December 18, 2021 at 9:19 AM

Philippine Airlines gets court approval for debt forgiveness plan

Philippine Airlines (PAL) has received court approval for its US Chapter 11 recovery plan, which includes the forgiveness of $2.1 billion in debt.

Fri, November 26, 2021 at 5:12 AM

PAL shareholders approve capital infusion to aid recovery

Shareholders of PAL Holdings Inc., the parent firm of Philippine Airlines (PAL), have approved a significant capital infusion through a share sale and an enlarged capital base to support the flag carrier amidst its Chapter 11 creditor protection filing.

Thu, November 4, 2021 at 6:12 PM

LT Group donates 15,000 vaccine doses to Pasig City

The LT Group, owned by billionaire Lucio Tan, has donated 15,000 doses of AstraZeneca and Moderna vaccines to Pasig City.