Philippine share prices continued their decline on Thursday falling further within the 5,600 level as investors opted out of the local stock market amid rising global fuel prices.

The Department of Budget and Management (DBM) said Thursday about P2.412 billion was earmarked under the proposed P7.2-trillion 2027 national budget to help uplift micro, small and medium enterprises (MSMEs) in the country.

Hong Kong can attract more global biotech investments if the city builds up a new healthcare financial model, according to AstraZeneca, a Cambridge-based multinational pharmaceutical giant. While global drug makers have been doubling down on investments in mainland China in recent years, AstraZeneca brought over 60 clinical trials to the city and invested over HK$200 million (US$25.5 million) over the past three years. Hong Kong was still a key research and development hub for the firm, David...

Water service provider Maynilad said Thursday that it is preparing for the expected dry spell as a record-breaking El Niño is expected to affect the country starting this October.

The Department of Budget and Management (DBM) on Thursday said the proposed P7.2-trillion national budget next year earmarked over P11 billion for the Tulong Panghanapbuhay sa Ating Disadvantaged Workers (TUPAD) Program of the Department of Labor and Employment (DOLE).

The Senate impeachment court has ordered officials from seven banks and seven financial firms to testify before the impeachment trial of Vice President Sara Duterte.

Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an international energy shock caused by conflict in the Middle East. Leading carmakers from BYD to Chery Automobile have doubled down on overseas expansion, with some evolving into powerful contenders in markets such as Europe and Africa, which were once dominated by the likes of Volkswagen. “A sluggish...

A World Economic Forum report on ASEAN’s digital economy highlights the gap between digital ambition and practical execution, positioning Thailand’s leadership as pivotal. Having chaired negotiations for the ASEAN Digital Economy Framework Agreement (DEFA) across fourteen rounds culminating in 2026, Thailand now faces the challenge of translating this agreement into functional cross-border systems for payments, […]

Thailand’s draft 14th development plan covers 2028–2032 and prioritises AI, semiconductors, advanced electronics and clean energy.

Philippine manufacturing returned to negative territory in September, posting its first contraction in five months as weaker demand weighed on output and new orders, results of the latest S&P Global survey released Thursday showed.

Chinese-American billionaire investor Duan Yongping, often called China’s Warren Buffett, has added 30,000 shares of Shanghai-listed baijiu maker Kweichou Moutai to his portfolio in his third public stake increase this year amid a deep sector-wide adjustment. Moutai’s premium valuation has long relied heavily on corporate and social gifting demand. Yet stricter supervision, more prudent corporate spending and ongoing anti-corruption efforts in recent years have dented demand, according to...

Southeast Asia's digital economy is valued at $300 billion in 2025 and could reach $1 trillion by 2030. Structural shifts in ASEAN countries drive growth, with e-commerce dominating. Policy, platform evolution, and investment opportunities support this growth potential.

The Philippine Chamber of Telecommunication Operators (PCTO) on Wednesday expressed concern after the National Telecommunications Commission (NTC) imposed sanctions against the country"s three major telco players due to “poor” mobile broadband services monitored this month.

The bond-market deterioration reflects several forces acting simultaneously: higher inflation expectations, heavy government borrowing and issuance, concerns over public finances and elevated energy prices linked to the Middle East conflict.

PCO Secretary Dave Gomez asked senators to help restore subsidy for the agency"s attached GOCC IBC-13, saying it risked going off the air without government funding.

Hong Kong commercial banks continue to offer incentives to attract mainland visitors during the first golden week after Beijing tightened cross-border investment rules and enforced the collection of a 20 per cent levy on overseas investment or insurance gains. HSBC would offer up to HK$88,000 (US$11,215) for new high-end clients, as well as experiences including a National Day fireworks dinner and tickets to the China Open tennis tournament in Beijing or a K-pop concert, according to the bank’s...

A sari-sari store in Dagupan City received a fake P1,000 bill from a customer who used it to pay for a purchase.

New World Development (NWD) reported a net loss of HK$26.8 billion (US$3.42 billion) for the year ended June, as the developer booked HK$18.3 billion in impairments and provisions tied to the early termination of its flagship 11 Skies mall project. Echo Huang, the firm’s chief executive, said at a Wednesday earnings briefing that the group had “met its targets over the past 18 months”, including focusing on its property business, improving cash flow and enhancing operating efficiency. NWD will...

Maxim’s Caterers has struck a deal to buy back its shares from DFI Retail Group for US$340 million plus control of its licensed Starbucks business, according to an exchange filing released on Wednesday. The deal will mark the start of a fresh chapter for Maxim’s, bringing an end to decades of part ownership by the conglomerate Jardine Matheson, which owns DFI Retail. Jardine Matheson bought a 50 per cent interest in Maxim’s in 1972, before transferring the stake to Dairy Farm, now known as DFI...

Experts called on companies in the country to rethink preparing workers to cope with the rising artificial intelligence (AI) adoption and overseas migration.

Singapore’s central bank has selected five international asset managers to handle S$1.45 billion (US$1.3 billion) in locally focused equity strategies, making its latest effort to revive the city state’s stock market amid sharpening rivalry with regional financial hub Hong Kong. Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers were named on Tuesday as part of the third batch of mandates awarded under the Monetary Authority of Singapore’s (MAS)...

The Philippine government"s outstanding debt hit a new record high of P19.606 trillion as of the end of August, up 1.12% from the previous month, the Bureau of the Treasury (BTr) reported.

Thailand’s flooding has moved from a regional disruption to a direct hit on two major pillars of the economy: automotive manufacturing and air cargo

The Philippines fell two spots in a global ranking of economies based on their innovation capabilities, according to this year"s Global Innovation Index (GII) released by the World Intellectual Property Organization (WIPO).

Telecommunications firm Globe Telecom Inc. has secured a positive assessment from global investment bank Morgan Stanley ahead of Mynt's initial public offering.

Funds raised through Hong Kong initial public offerings (IPOs) doubled in the first nine months of 2026, reaching the highest level for the period since records began in 1980. A total of 112 companies raised US$48.4 billion on Hong Kong’s main board during the first nine months, according to data released by LSEG Data & Analytics on Wednesday. A further two companies listed on the city’s Growth Enterprise Market (GEM). By deal count, the combined total of 114 new listings on the main board and...

Hong Kong’s efforts in advancing the city’s innovation and technology (I&T) industry have been highlighted in a number of international surveys in recent years. One of the most recent was the International Institute for Management Development’s “World Competitiveness Ranking 2026”, which placed Hong Kong second among 70 economies worldwide. The city is also part of the Shenzhen-Hong Kong-Guangzhou innovation cluster, which retained first place globally in the World Intellectual Property...

Health plan provider Intellicare on Wednesday said it paid out P9.35 billion in healthcare benefits and claims in the first half of 2026.

The National Food Authority (NFA) on Wednesday said it is expanding its warehouse capacity in Tarlac to allow the agency to procure more palay (unhusked rice) from local farmers.

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. As Chinese carmakers diversify beyond CATL, Beijing warns of market overreaction A publication under China’s industry ministry has pushed back against market chatter of “de-CATLisation” as a growing number of the battery giant’s automotive partners diversify their suppliers, with the...