Chanel nears $20B in sales in 2023

PARIS — French luxury brand Chanel said on Tuesday that its sales jumped last year to a record just shy of $20 billion, although profits only edged higher. Sales climbed by 14.6 percent to $19.7 billion last year, with double-digit growth across its fashion, fragrance and jewelry products. Meanwhile, net …

Read More »

Big no to coercion

“ASEAN countries have begun to seek stronger ties with external powers like the United States, Japan and Australia to counterbalance China’s influence. Is China’s warning that it would detain trespassers in its claimed maritime borders a legitimate exercise of its rights or simply a tactic to intimidate and deter other …

Read More »

MRT-7 now 70% complete, DOTr says

The construction of the Metro Rail Transit Line 7 (MRT-7) is now 70 percent complete and is on the right track of being fully operational by the end of 2025, Department of Transportation (DOTr) Secretary Jaime J. Bautista said. “I saw the full speed construction and I’m very happy that …

Read More »

Escudero: Mending ties with House 1st priority

Senate President Francis Escudero Admits passing Cha-cha in Senate likely ‘farfetched’ Senate President Francis Escudero said he will have a dialog with Speaker Martin Romualdez in the coming days to “mend what needs to be mended” amid the difference in position of two chambers of Congress on the push to …

Read More »

House leaders assure Zambales fisherfolk of help

(PNA file photo) MANILA – The House of Representatives on Friday assured help for thousands of Zambales fishers in Bajo de Masinloc (Scarborough Shoal) and other disputed areas inside Philippine waters. During a hearing of the Committee on National Defense and Security and the Special Committee on the West Philippine Sea …

Read More »