BUSINESS

Philippine-based corporation reported net income surge to PHP44.7 billion (£632 million) up from £379 million (£26.8 billion) last year. Sharpening up its operational efficiencies and sustainability initiatives has also reportedly contributed to a 34% rise in consolidated operating income to PHP144.5 billion. According to local reports, the food and beverage industries generated revenues of PHP379.8 billion ($5.4 billion), up 6% from the previous year, with all business units reporting sales growth.
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2 years ago Read more at The Drinks Business

Nick Reed Les Mills International’s former chief executive, Clive Ormerod, has found his way back to fashion. He started his new role as the first external CEO of apparel company AS Colour this week. This role felt like he was returning to his roots, he told the Herald.
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2 years ago Read more at New Zealand Herald

Vietnam’s FDI landscape in 2024 is poised for robust growth. Investor-friendly policies, tax breaks, and emerging industrial hubs make Vietnam attractive destination for sustainable long-term growth prospects. As of February 2024, Vietnam had over 39,000 valid projects and a total registered capital surpassing US$473.1 billion.
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2 years ago Read more at Thailand Business News

SRCC Business Conclave is the annual flagship event organized by the Shri Ram College of Commerce (SRCC) in Delhi, India. The event is one of the largest events of its kind in the country and is attended by thousands of students from all over India. It is designed to provide students with an opportunity to learn about the latest trends and developments in business and to interact with leading experts in the field.
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2 years ago Read more at Moneycontrol

PHOTO/PD Print Operations at most health facilities went on without disruptions. The High Court suspended the planned strike called by the doctors’ union to protest poor working conditions. Most doctors reported for work at various public health facilities.
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2 years ago Read more at People Daily

New York Coursera introduces a business guide for acquiring skills in Generative AI. GenAI is a top priority for business leaders, as it promises to transform workforce productivity. The guide features insights from leaders at Microsoft, Vanderbilt University, and coursera. "GenAI is coming to your job; it’s not coming for your job," says the report.
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2 years ago Read more at IBL News

The world of online beauty retail is now a booming sector. The value of ecommerce in beauty nearly quadrupled between 2015 and 2022. It is expected to grow by 12 per cent annually out to 2027.
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2 years ago Read more at The Irish Times

France is interested in increasing the presence of its business in Ukraine. Ukraine and France are currently working on the creation of a special fund to stimulate investments and establish cooperation with the French Development Agency.
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2 years ago Read more at Ukrinform

Angola stands ready to learn from China's experience and achieve social and economic development through cooperation with China, CAC president Luis Cupenala has said. The 'miracle that China went from privation to the world's second largest economy. We are impressed and inspired," he said, adding that many Chinese came to Angolan in 2002, right after the civil war.
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2 years ago Read more at Xinhua

Fashionphile identified three target channels of luxury resale: wholesale and business-to-business (B2B) sales; brick-and-mortar; and clienteling. They’re borrowing from the playbook of the luxury brands that they stock. Since going public in 2019, The RealReal faced faltering sales as it struggled to turn a profit.
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2 years ago Read more at Vogue Business