Business & CompaniesPhilippines
Prime Oil seeks 30 per cent interest in West Philippine Sea contract
The proposed acquisition from an Apex Mining subsidiary requires valuation, due diligence and Department of Energy approval.
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- EconomyPhilippines
BSP tipped to raise rates to 5.25 per cent as inflation persists
Nomura expects a 25-basis-point increase on October 22, with further tightening possible if price pressures intensify.
- Banking & FintechPhilippines
BPI and DMCI Homes introduce automatic payments for US-based buyers
DMCI Homes is the first property developer to adopt BPI’s Overseas Collection Arrangement, which collects payments from customers abroad.
- EconomyVietnam
Vietnam lawmakers seek clearer power pricing rules in electricity law changes
Proposals include stronger cost oversight, closer scrutiny of cross-subsidy changes and coordinated investment in generation and grids.
- EconomyPhilippines
Philippine sugar millers seek rethink of proposed beverage tax rise
The Department of Finance proposes raising the excise tax to ₱20 per litre from ₱6, prompting warnings about demand for locally produced sugar.
- Business & CompaniesIndonesia
Indonesian envoy urges PT PAL to pursue Middle East defence contracts
The ambassador to the UAE cited the shipbuilder’s naval work and stronger bilateral economic ties as grounds for seeking more regional business.
- Business & CompaniesVietnam
Vietnam plans October announcement of investments exceeding US$13 billion
Twelve projects involving domestic and foreign investors are due to be announced at the Autumn Economic Forum 2026 in Ho Chi Minh City.
- Business & CompaniesPhilippines
Converge plans at least ₱5 billion in Cavite and Laguna data centres
One planned facility would have 80 megawatts of capacity, making it the broadband provider’s largest data centre.
- Banking & FintechMalaysia
Bank Negara plans Islamic finance strategy paper and framework draft in 2026
The framework review seeks broader use of syariah contracts, while the next Financial Sector Blueprint will reflect Malaysia’s socioeconomic priorities.
- MarketsPhilippines
PSEi tops 5,800 as Mynt makes stock market debut
GCash parent Mynt was the most actively traded stock, while declining shares outnumbered gainers across the Philippine market.
