Bentley redefines pre-owned car ownership with ‘Certified by Bentley’ global program

BRITISH ultra-luxury car maker Bentley recently launched a new global program that sets the benchmark for purchases of luxury pre-owned cars, and which opens the door into the rarefied world of Bentley ownership.

Tax appeals court cancels URC’s P2-B assessment

THE Court of Tax Appeals (CTA) cancelled the P2-billion tax assessment against Universal Robina Corp. (URC) for lack of due date and exact amount in the assessment notices.

Rolls-Royce sells highest number of cars ever in 2019

BRITISH ULTRA-LUXURY car maker Rolls-Royce Motor Cars has set a new record as it delivered the highest number of cars in 2019 -- the highest number of automobiles sold in a year in the storied marque’s 116-year history.

Implementing rules on real estate investment trust ready for signing

THE government is set to sign today the amendments to the implementing rules and regulations (IRR) of the Real Estate Investment Trust (REIT) Act, which is expected to draw up REIT registrations from listed property firms.

Nissan relaunches Pasig dealership with Autohub Group

IN LINE with the brand’s commitment to make Nissan products and services more accessible to more people in the country, Nissan in the Philippines together with the Autohub Group relaunched the Nissan Pasig dealership in a new location along Eulogio Rodriguez Jr. Ave. (C5 Ave).

MinDA taps Filipino-Americans for high value exports to US

DAVAO CITY -- The Mindanao Development Authority (MinDA) is tapping Filipino-American communities in the US to help expand the market for Mindanao agricultural products.

T-bills, T-bonds to fetch higher rates on GDP data

YIELDS ON THE government securities on offer this week will likely inch up ahead of the fourth-quarter gross domestic product (GDP) data which will be released on Thursday.

Halal slaughterhouse in Davao City expected to be ready by March

DAVAO CITY -- A halal slaughterhouse located in the city’s Baguio District is expected to be ready by March, while a new pig abattoir in the same area will also be opened within the year.

Gucci revisits an ugly childhood

THE INTERNET was abuzz with Gucci’s Fall/Winter 2020 collection, launched last week at Milan Men’s Fashion Week, and BusinessWorld had to take a look. An article from Vogue about the collection says that the brand’s look revolves around “the characteristics of masculinity through an allegorical journey in clothing back to childhood.” A giant swinging pendulum dominated the runway, which BusinessWorld takes to mean a sort of hypnotic regression to childhood. Allesando Michele’s vision of childhood seems to revolve around the following interpretations: androgyny, thrift shop and schoolboy/schoolgirl chic, plus the uncool part of the 1970s.

Yields on government debt rise on inflation concerns

YIELDS ON benchmark government securities (GS) increased last week, fueled heavily by inflation concerns amid the still-ongoing Taal Volcano eruption.

Bamboo sustainability could be biggest draw; regulations pose a hurdle

THE BAMBOO industry is well-positioned to become an alternative building material with a growing niche because of its sustainability, and very little capital and time needed for farmers who intend to grow the crop, a former agriculture department official said.

Greener fashion industry could unlock more than $100B in value

GLOBAL FASHION’s “take-make-dispose” model needs a sustainability makeover.