PNB Holdings is preparing to list even as rising geopolitical tensions pummelled global markets, with the benchmark Philippine stock index tumbling nearly 9% this month.
An artist impression of PAL's A350-1000 jet, capable of non-stop flights from the Philippines to North America. Philippine Airlines—controlled by tobacco and banking billionaire Lucio Tan—said ...
Filipino billionaire Lucio Tan is extending Ps12.8 billion ($251 million) in “fresh and additional capital” to the parent company of beleaguered Philippine Airlines. The funds will come by way of a ...
MANILA, July 28 (Reuters) - San Miguel Corp on Monday said it was "discussing" with investment partner Lucio Tan Group their respective interests in Philippine Airlines parent PAL Holdings Inc, after ...
ANOTHER AIRLINE, ANOTHER MEETING. On the day the owners and executives of Korean Air were talking in Seoul, tycoon Lucio Tan was huddled with union officials of bankrupt Philippine Airlines. "El ...
DEPENDING ON WHOM YOU believe, Lucio Tan is either a victim of Gestapo tactics by the Philippines' Bureau of Internal Revenue, or a tax dodger of mythic proportions. Recently, a five-man division of ...