Members of the Asean Business Advisory Council came together in Bander Seri Begawan, Brunei Darussalam for the 2nd leg of ABAC 2023 conference. The conference was from April 27 to 30 at The Empire Hotel. As the host for the…
Economy
Crisis-proofing the Philippine banks
FREEPIK By Mariedel Irish U. Catilogo, Researcher FOR THOSE who lived through the 2008 Global Financial Crisis, the fallout in the international banking scene dominated by the collapse of the Silicon Valley Bank (SVB) earlier this year felt like a…
NGCP energizes P10.2-B Bataan transmission line
NATIONAL Grid Corp. of the Philippines (NGCP) has energized the P10.2-billion Hermosa-San Jose 500-kilovolt (kV) transmission line that is expected to boost power generation in Bataan. “Despite many challenges, our teams worked 24/7 to complete this facility. With the energization of the line comes…
Chanel’s $10,000 handbags may become even pricier in September
PRICES of Chanel handbags, including the fashion house’s signature “flap” bags, could rise again in September, a top executive said. Chanel typically reviews handbag prices twice a year, in March and September. In March, the company applied an average 8%…
Chery Tiggo 8 Pro, Tiggo 5X notch huge sales growth in Q1
IMAGE FROM CHERY AUTO PHILIPPINES CHERY AUTO PHILIPPINES reported significant growth in sales of its two key models. The company’s subcompact Tiggo 5X crossover sold a total of 331 units in the first quarter of 2023, representing 75% growth compared…
L’Oreal, QC partner to train ‘beauty influencers’
YANNICK RAYNAUD, Managing Director of L’Oreal Philippines IN LINE with the increasing importance of social media in the marketing of products, L’Oreal Philippines is now training Quezon City residents to become digital content creators under its Digital Beauty Academy program.…
Nueva casa
1 of 5 IF YOU OWN a new vehicle, you make a beeline to your dealership (or casa) when the odometer reading calls for it. Of course, you are careful to adhere to your ride’s preventive maintenance schedule (PMS), else…
Fashion designer Pepito Albert, 64
PEPITO ALBERT was also one of Leon Gallery’s guest curators during the 2020 lockdown. — FACEBOOK.COM/LEONGALLERYMAKATI FASHION designer Pepito de Leon Albert, a fixture in Manila high society having designed outfits for some of Manila’s best-dressed women, died on May…
Regulators want fashion brands to pay for their textile waste
REGULATORS in the US and Europe are waking up to the mounting clothing waste problem that’s clogging local landfills and overwhelming countries such as Ghana and Chile. Increasingly, they’re asking brands to pay for it. Under rules that have been…
Tax reforms generated P202.8B in revenues in 2022
People line up to file their income tax returns at the Bureau of Internal Revenue office in Intramuros, Manila, April 18, 2022. — PHILIPPINE STAR/ RUSSELL A. PALMA THE IMPLEMENTATION of key tax reform laws generated P202.8 billion in additional…