BSP tipped to hike rate by final 25 bps

MANILA, Philippines — What’s hotter than the unnerving foreign exchange and bond price swings in the dealing room these days? It’s the chatter about this high-ranking treasury veteran who’s about to leave (or lose?) his post at a local bank. On one hand, the guy has told some people that he’s quitting because he will never

In June, Chinese regulators approved the world’s first CAR-T cell therapy for solid tumour cancers, developed by a drug company based in Shanghai. One month later, at a hospital in the city, a New Zealander with advanced cancer of the stomach and small intestine became the first international patient to receive the breakthrough treatment. Chimeric antigen receptor T-cell therapy, to give it its full name, is a cutting-edge treatment that, until then, had only been approved to treat blood...

China’s push for tech self-reliance is opening new investment opportunities in artificial intelligence stocks, but stretched valuations and geopolitical tensions make the sector an increasingly risky bet, according to Bank of America. The country’s tech firms are catching up with overseas rivals while a wave of high-profile listings has broadened investment opportunities, Winnie Wu, head of Asia-Pacific equity strategy research and co-head of China equity research at Bank of America, said in a...

[The content of this article has been produced by our advertising partner.] Hong Kong is asking for more computing power and for the electricity to stay clean and steady while it arrives.  That was the bind put to regional utility executives on September 15 by Joseph Law, president of AESIEAP and managing director of CLP Power. It also aligned with the city’s first five-year development blueprint and the priorities set out in the Chief Executive’s 2026 Policy Address. Construction of the Sandy...

China is betting that patient capital, rather than quick trades, will define its next phase of growth – a wager that has taken on new resonance since Warren Buffett stepped down last week after growing Berkshire Hathaway into a US$1 trillion empire over six decades. And as global investors watch this week’s US-China leadership summit for any sign of easing friction, one question is whether Beijing’s version of Buffett’s value-investing legacy can help Wall Street regain its appetite for Chinese...

Thailand is confronting a renewed energy-security challenge as the crisis around the Strait of Hormuz pushes global LNG prices to about US$28 per million British thermal units, close to levels seen during the Russia-Ukraine energy shock.

MANILA, Philippines — The one-time Abatement Program for Micro Taxpayers of the Bureau of Internal Revenue (BIR) reported 6,234 applications in the first two months of implementation, as of Sept. 18, with 5,000 of them already approved. According to a BIR statement issued on Tuesday, the approved applications covered ₱84.5 million in tax liabilities and

MANILA, Philippines — The Philippine and Australian governments have started identifying projects, including those in renewable energy and the digital economy, to fund with a A$45-million grant designed to boost the country’s economic growth over the next five years. In a press briefing, Australian Assistant Minister for Foreign Affairs and Trade Matt Thistlethwaite said the

MANILA, Philippines — The Philippine bond market grew more slowly in the second quarter, even as local yields declined and bucked the Bangko Sentral ng Pilipinas’ (BSP) ongoing rate-hiking cycle, the Asian Development Bank (ADB) said. In its latest “Asia Bond Monitor” report, the Manila-based multilateral lender said outstanding local currency bonds, excluding debt securities with

MANILA, Philippines — DragonFi Securities Inc. has secured regulatory sandbox approval to offer Philippine investors access to select global stocks and exchange-traded funds (ETFs). Tycoon Edgar Sia II’s DoubleDragon Corp. announced on Tuesday that it had gained admission to the Securities and Exchange Commission’s Strategic Sandbox, or Stratbox, in accordance with Memorandum Circular No. 9,

MANILA, Philippines — Philippine stocks fell again on Tuesday as renewed concerns over the economy, elevated oil prices and a weak peso dampened investor sentiment. The benchmark Philippine Stock Exchange Index (PSEi) shed 0.50 percent, or 29.23 points, to close at 5,814.56. READ: BMI cuts 2026 PH growth outlook to 3.3% on infra woes READ:

JAKARTA, Indonesia — Regional energy leaders are pushing to realize the $764-billion power grid as they call for stronger ties between nations in Southeast Asia amid rising electricity demand. Warit Rattanachuen, deputy governor of the Electricity Generating Authority of Thailand, said members of the Association of Southeast Asian Nations (Asean) have been beefing up their