Clara Chan retains helm at HKIC as HK$62b state fund aligns with city’s 5-year plan

The National Telecommunications Commission (NTC) on Friday said its recent mobile broadband service speed tests which resulted in sanctions against Globe, PLDT-Smart, and DITO have undergone due process.

Mynt Inc., the parent company of mobile wallet GCash, announced Friday that it has set the final price for its initial public offering (IPO), which could amount to about P60 billion, in what could be the largest and most anticipated IPO in the Philippine capital market.

China’s quantitative investing sector has added 18 new members to the ranks of funds managing more than 10 billion yuan (US$1.5 billion) in assets this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms were among 159 Chinese hedge funds overseeing more than 10 billion yuan each, according to financial news agency Cailian Press. Their growth has been fuelled by technology-driven momentum in the world’s second-largest stock...

Gasoline and kerosene prices may increase, while diesel prices could see a rollback next week based on the latest movement in international oil prices, the Department of Energy (DOE) said Friday.

As education sector demand supports Hong Kong’s Grade A office leasing activity, analysts said infrastructure that will serve the Northern Metropolis could decide whether schools and universities move their administrative and other services to this potential new centre of the city. “Over the medium to long term, the Northern Metropolis could be a viable option for institutions seeking to expand their teaching, research and administrative facilities,” said Kelvin Lee, director at property agency...

Bangkok’s latest floods reveal the economic cost of treating recurring disasters as emergencies, exposing the need for permanent urban resilience and coordinated planning

German semiconductor maker Infineon Technologies has inaugurated a new manufacturing facility in Samut Prakan, marking one of the most significant recent additions to Thailand’s semiconductor ecosystem. The project, valued at about US$1.4 billion by Thailand’s Board of Investment, is designed as a backend manufacturing site covering power modules, discrete devices, wafer testing and research and […]

The Philippines is mulling whether to impose tighter regulations on artificial sweeteners following calls from the sugar industry to protect locally produced sugar, the DA said.

Consumer advocates are calling on the government to reconsider imposing higher excise taxes on vape products.

Filipinos with private insurance could see more of their medical costs covered as the Philippine Health Insurance Corp. (PhilHealth), major health maintenance organizations (HMOs), and private insurers have inked a memorandum of understanding (MOU) to coordinate benefits for primary care services.

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.