1 of 5 By Dylan Afuang IT MAY have been introduced just weeks ago, but the reskinned and retooled Seltos already represents Kia Philippines’ plans for next year. Led by the Ayala Corp.’s automotive division, the local […]
CTA grants most of Petron’s claim for tax refund
CTA.JUDICIARY.GOV.PH THE COURT of Tax Appeals (CTA) granted Petron Corp.’s P459.96-million tax refund as part of its claim for erroneously paying excise taxes on petroleum products sold in 2017. In a 32-page decision dated Dec. 5, the […]
In China’s slowing beauty market, big brand discounts won’t cut it
FREEPIK SHANGHAI — Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, joining millions of other consumers who have cut back on […]
China, Chongqing, Changan (Part 2): Growth over growth
By Kap Maceda Aguila 1 of 4 OUR CHANGAN AUTO brand experience in China was a clear flexing of muscles for the Chongqing-headquartered automaker. While it is steadily growing its portfolio here to earn a […]
A touch of royalty: Julien’s auctioning off outfits from Princess Diana and Princess Grace
ONE CAN GET the chance to place their hands on history with a sale by Julien’s Auctions and Turner Classic Movies (TCM) with an auction titled Glamour, Grace and Greatness on Dec. 17, the conclusion of Julien’s […]
D&L Industries expects better 2024 amid challenges
LISTED oleochemicals and specialty food ingredients manufacturer D&L Industries, Inc. is projecting a better 2024 amid more stable interest rates and lower raw material costs despite possible challenges such as the El Niño phenomenon. “For next year, […]
Q&A: ‘The whole brand portfolio is available for us’
Ms. Parco (right) leads a group inspecting the service section of Changan dealership in Chongqing. — PHOTO FROM CHANGAN AUTO In China, Changan Auto Philippines GM Maricar Parco talks about brand positioning, and what the Filipino market […]
With color-changing fabric, Hong Kong AI lab aims to reduce clothing waste
AIDLAB.HK HONG KONG — Simple gestures could be all it takes to alter the color of your clothes in the future, according to a research team that has developed a color-changing textile embedded with a tiny camera […]
Cebu Pacific allots P50-B capex
CEBUPACIFICAIR BUDGET CARRIER Cebu Pacific is allocating P50 billion for its capital expenditure (capex) in 2024 mainly for its aircraft-related expenses, the company’s top official said. “We estimate around P50 billion in 2024. It is mostly aircraft-related […]
Industry vet is new JMC and Peugeot brand chief
JMC and Peugeot Brand Head Arlan Reyes ASTARA PHILIPPINES, which distributes the GAC, JMC, and Peugeot brands in the country, announced the appointment of Arlan Reyes as the brand head for JMC and Peugeot. Mr. Reyes, who […]