Gensan biz group backs Razon-Pacquiao Ignite-SOCOTECO II joint venture plan

The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point this week, followed by the Hong Kong Monetary Authority and the Bank of Japan, while the 10-year US Treasury yield fell back below 5 per cent. Here are some of the figures that have drawn the most market attention this week. Fed raises interest rates for first time since 2023 The US Federal Open Market Committee voted unanimously on Thursday to raise rates by 25 basis points to a target range of 3.75 to...

Senior bankers at HSBC are facing a double blow of losing a key employment benefit while also confronting potential job losses as the lender carries out a range of measures to cut costs and achieve fair treatment for all staff, according to sources. HSBC, the biggest lender in Hong Kong, will scrap an education subsidy programme for all newly hired or newly promoted senior executives from Friday, according to an internal memo seen by the South China Morning Post. Employees who were already in...

The Government Service Insurance System (GSIS) on Friday announced an increase in its emergency loan assistance for members and pensioners affected by the recent typhoons and the enhanced Southwest Monsoon, or Habagat, to nearly P8 billion.

The planned maiden listing of fintech giant Mynt Inc., the parent company of GCash, on the local bourse is now all set after it secured the nod of the Philippine Stock Exchange Inc. (PSE).

Thailand's health ministry plans to establish a central healthcare marketplace, attract foreign patients through flexible medical visas, and partner with global pharmaceutical companies for clinical research and manufacturing investments to strengthen its healthcare system and economy.

The scheduled initial public offering (IPO) of GCash parent Mynt Inc. could give the Philippine capital market a significant boost, Galing sa Puso (GP) Party-list Rep. Jan “JP” Padiernos

Amid continuing geopolitical tensions and market uncertainty, greater use of the yuan for international trade settlements, raising funds, managing liquidity and allocating investments is a logical strategy for executives overseeing treasury and finance functions. At the end of 2025, the People’s Bank of China (PBOC) had bilateral currency-swap agreements with more than 30 countries and regions, with an aggregate value in excess of 4.3 trillion yuan (US$641 billion), confirming ever-wider...

Yesterday in Shanghai, more than 30 business leaders and investors from mainland China and Hong Kong gathered at a South China Morning Post C-Suite roundtable on “The Capital Lifecycle of the Healthcare Sector: From Seed to Post-Listing” held alongside BioShanghai Week 2026. The event, supported by IHH Healthcare North Asia, featured guest speakers Nisa Leung, founding managing partner of Aulis Capital, and Dr Kenneth Tsang, regional chief executive officer of IHH Healthcare North Asia. One...

Real estate developer Golden TW Realty and Development Corp. has opened the first hotel-casino in the popular island destination Boracay.

The government is launching a national disaster insurance scheme to aid households in quicker recovery from major natural calamities.

China is seeing a fresh fundraising boom for artificial intelligence-powered drug developers, with start-ups including a ByteDance spin-off raising hundreds of millions of dollars this week as investors rush to back domestic challengers to Anthropic and Isomorphic Labs. Anew Labs, a Shanghai-based AI drug discovery firm and former unit of Chinese tech giant ByteDance, has raised US$290 million at a valuation of US$1.5 billion, according to an informed source. Investors included prominent venture...

MANILA, Philippines — The Marcos-led Economy and Development (ED) Council has approved changes to five development projects, including two public-private partnerships (PPPs) for the North-South Commuter Railway (NSCR) and Mactan-Cebu International Airport (MCIA). According to the Department of Economy, Planning, and Development (DepDev), which co-chairs the council, the NSCR revisions cover its parameters, terms and conditions