luxury | ABS-CBN News

'I drink tea worth US$60,000': China junior staff probed over lavish lifestyle claims

Mandy Zuo in Shanghai, South China Morning Post
Posted at Jul 27 07:48 AM

An employee at a state-owned company in eastern China is under investigation for claiming to possess great wealth and connections with senior government officials on social media, prompting public speculation about corruption. Read more »

Shang Properties poised to hit pre-pandemic levels

ABS-CBN News
Posted at Jul 20 10:15 AM

Shang Properties is optimistic of reverting to pre-pandemic levels as demand for luxury properties remain stable while office demand, hotel occupancies and mall rentals pick up, Shang Properties Inc Executive Vice President Jose Juan Jugo told ANC. Read more »

BOC to auction off 20 smuggled luxury cars

Niko Baua, ABS-CBN News
Posted at Jul 12 05:14 PM

The Bureau of Customs will no longer destroy smuggled luxury vehicles, according to Commissioner Rey Leonardo Guerrero. Read more »

World's most expensive car sold for P7.4 billion: Sotheby's

Agence France-Presse
Posted at May 20 10:36 AM

A 1955 Mercedes-Benz was auctioned off earlier this month for a whopping 135 million euros (approximately P7.4 billion), making it the world's most expensive car ever sold. Read more »

SSI Group posts P68 million net income in Q1

ABS-CBN News
Posted at May 17 09:59 AM

Luxury retailer SSI Group on Tuesday said it continued to see pandemic recovery in the first quarter with a net income of P68 million. Read more »

LVMH sales soar despite continued pandemic, conflict

AFP
Updated as of Apr 13 01:58 PM

The world's top luxury group LVMH said the war in Ukraine and COVID-19 lockdowns in China didn't hold back its first quarter performance as sales jumped 29 percent from the same period last year to 18 billion euros ($19.5 billion). Read more »

Taking advantage of tourism's return

Rockwell
Updated as of Apr 08 08:35 AM

As local tourism is poised to make a comeback, how can discerning investors take advantage of the opportunity? Read more »

This rare blue diamond could fetch P2.46 billion at auction

Reuters
Updated as of Feb 17 11:35 AM

It's the largest and most valuable blue diamond to ever come to auction. It is estimated to be valued in excess of $48 million. Read more »

2021 Maserati Ghibli Hybrid: Electrified luxury

ABS-CBN News
Posted at Feb 07 06:18 PM

Migs Bustos drives Maserati’s first-ever electrified car, the 2021 Maserati Ghibli Hybrid. Read more »

Pets on jets: Pet owners fly 'fur babies' out of HK

Dene-Hern Chen and Holmes Chan, Agence France-Presse
Posted at Feb 01 05:20 PM

For a chartered private jet, an all-inclusive package for a house cat -- and their human -- runs to about $23,100 at Pet Holidays. Read more »

Rev Reviews: 2021 Subaru Outback

ABS-CBN News
Posted at Jan 24 05:48 PM

Migs Bustos gets behind the wheel of the 2021 Subaru Outback 2.5 i-Touring Eyesight. Read more »

Rev Reviews: 2021 Toyota GR Yaris

ABS-CBN News
Posted at Jan 21 05:03 PM

Migs Bustos gets behind the wheel of the highly-anticipated Toyota GR Yaris. Read more »

Rustan's says agile as COVID drives shift in consumer behavior

ABS-CBN News
Updated as of Jan 20 12:40 PM

Luxury retailer Rustan Commercial Corp is adopting to the pandemic-driven change in consumer behavior while trying to maintain current prices. Read more »

Why armored cars are luxury cars in the Philippines

ANCX Staff
Updated as of Jan 18 02:35 PM

“I tell clients, it’s better to have it and not need it, than to need it and not have it,” Hans Tan said in an interview recently Read more »

LOOK: Black diamond, largest ever cut, goes on show

Agence France-Presse
Posted at Jan 18 06:56 AM

The world's largest known cut diamond went on public display for the first time Monday ahead of its sale. Read more »

Rev Reviews: 2021 Jaguar XE R-Dynamic SE

ABS-CBN News
Posted at Jan 14 05:02 PM

Migs Bustos goes behind the wheel of Jaguar’s new compact luxury sedan, the 2021 Jaguar XE R-Dynamic SE. Read more »

Ano ang Christmas gift ni Gerald kay Julia?

ABS-CBN News
Posted at Jan 13 02:59 PM

Sa mga Barretto nag-Pasko si Gerald Anderson kasama ang girlfriend na si Julia. Read more »

What Christmas feels like in Mactan, Cebu

Dusit Thani Mactan Cebu
Posted at Dec 17 01:33 PM

Redefine your holidays by experiencing the warm traditional Filipino Christmas with a touch of Thai hospitality at a resort hotel in Mactan. Read more »

2021’s most coveted watches, according to collectors

ANCX Staff
Posted at Dec 16 08:32 PM

Five of the most sought-after watches according to November’s auction results. Read more »

Couple plans private jet flight for stranded dog

Agence France-Presse
Posted at Dec 10 01:02 PM

An Australian couple plans to shell out tens of thousands of dollars hiring a private jet to fly their stranded dog home from New Zealand in time for Christmas. Read more »