China’s quantitative investing sector has produced 18 funds managing more than 10 billion yuan (US$1.5 billion) in assets each so far this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms are among 159 Chinese hedge funds overseeing more than 10 billion yuan in assets each, riding the technology-driven momentum in the world’s second-largest stock market. Among the new entrants to the club were AXQ Capital, Hopeseek Fund...
Read full articleWater 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.