International news
News from wire services and other publishers.
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BSP flags crypto anonymity risks, backs strict oversight
The Bangko Sentral ng Pilipinas is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it difficult for authorities to identify the people behind them.
‘Property developers cut capex as housing glut weighs on sales’
Philippine property developers are scaling back spending and shifting more capital toward income-generating assets as elevated housing inventories, higher interest rates and weaker purchasing power continue to weigh on…
Thailand’s LTR visa program has reached 12,000 approvals over the past four years
Thailand's Long-Term Resident (LTR) visa program has approved 12,010 high-potential foreigners since its September 2022 launch, generating an estimated USD 1.28 billion in economic value through fees, spending…
DOE blames NGCP delays for Visayas grid yellow, red alerts
The DOE blamed delays by the NGCP for the recent yellow and red alerts in the Visayas, saying these could have been avoided had critical ancillary service contracts been completed on time.
Sara Duterte's defense lawyer confronts AMLC witness with confidentiality rules
The cross-examination by Vice President Sara Duterte's defense of Anti-Money Laundering Council executive director, Atty. Ronel Buenaventura didn't sit well with some senators, as it sought answers from the witness…
Adrian Cheng, former scion of Hong Kong’s NWD, expands K11 brand in Xiamen
Adrian Cheng Chi-kong, former heir apparent to Hong Kong’s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family’s property group…
Toshiba eyes multibillion-peso investment to expand PH hard drive production
Japan"s Toshiba Corp. is set to invest billions of pesos to expand its hard disk drive production in the Philippines over the next three years, amid growing global demand for data storage.
HKMA licenses Bakai Bank, city’s first from Central Asia
Hong Kong Monetary Authority (HKMA) has granted a banking licence to Bakai Bank, marking the first Central Asian bank to set up in Hong Kong amid closer ties in the economy and trade flows between China and the region…
LTFRB revokes authority of 2 TNCs over regulatory violations
The Land Transportation Franchising and Regulatory Board (LTFRB) has revoked the authority to operate and the renewal applications for two Transport Network Companies (TNCs) due to regulatory violations.
Customs surpasses January to September 2026 collection target by P8.9B
The Bureau of Customs (BOC) has collected P757.406 billion from January to September 2026, exceeding its target collection in the first nine months of the year.
