Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants
EnerVenue, a start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit, has begun manufacturing a new battery it expects to challenge existing energy-storage technologies dominated by mainland Chinese players, amid surging global demand for green energy. The California-based company can now produce 250 megawatt-hours (MWh) of nickel-hydrogen batteries annually at its factory in Changzhou, in eastern China’s Jiangsu province, and plans to raise capacity to...
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Marcos: Stronger supply chain key to boosting local manufacturing
President Ferdinand “Bongbong” Marcos Jr. said Saturday that the government is collaborating with the private sector to develop state-of-the-art manufacturing capabilities that can compete internationally.
Thailand Pushes Stronger Cultural Partnership with Russia
Culture Minister Sabeeda Thaised met with Russian Culture Minister Olga Lyubimova in Moscow to discuss cultural cooperation and preparations for the 130th anniversary of diplomatic relations between Thailand and Russia in 2027.
NTC fines DITO, Globe, Smart P100,000 daily over poor mobile broadband services
The National Telecommunications Commission (NTC) has issued show cause orders against DITO Telecommunity Corporation (DITO), Globe Telecom, Inc. (Globe), and Smart Communications, Inc. (Smart), imposing a P100,000 daily fine over poor mobile broadband services monitored in September 2026.
DA records P6.87-B agricultural damage, losses amid ongoing El Niño impact
The Department of Agriculture said on Saturday that a total of P6.87 billion in agricultural losses was recorded across the country as of September 26, 2026, amid the ongoing effects of El Niño.
DOLE: P60 wage hike in NCR takes effect Sept. 26
The Department of Labor and Employment on Saturday said the P60 daily wage hike in the National Capital Region has taken effect starting September 26, 2026.
China’s biotech firms move up value chain as drug deals evolve beyond licensing: analysts
Chinese biotech deal making is moving beyond the licensing of individual drug candidates, as the country transforms from a follower to a global innovation leader, according to analysts. The latest transaction underscores that shift. Beijing-based cancer drug developer InnoCare Pharma said on Thursday that it had entered into a strategic research collaboration and licensing agreement with US pharmaceutical giant Eli Lilly that could be worth up to US$3.35 billion. InnoCare said it would use its...
How China’s Innovation Drives the Transformation of Thailand’s Economy
The Thailand-China economic relationship is shifting from trade volume and manufacturing relocation toward direct technology transfer, with Chinese firms embedding AI, robotics, and digital infrastructure into Thailand's industrial base.
DA, hog industry seek higher pork tariffs as farmgate prices plunge
Agriculture Secretary Francisco Tiu Laurel Jr. said Friday that the Department of Agriculture is considering higher pork tariffs as local hog raisers struggle with falling farmgate prices amid rising imports and pork inventories.
Boracay's first hotel-casino says 40% of workers are Aklanons
KABAN Hotel and Casino, the first hotel-casino in world-famous Boracay Island, is prioritizing local hiring, with Aklanons accounting for about 40% of its workforce.
Chinese RISC-V chipmaker Eswin seeks US$300m in Hong Kong IPO ahead of October debut
Beijing Eswin Computing Technology will start soliciting orders from institutional and public investors on Monday ahead of its Hong Kong initial public offering (IPO), aiming to raise around US$300 million, according to people familiar with the matter. The Chinese chipmaker had already started gauging investor interest, with trading expected to start on October 8, said one of the people, who asked not to be identified due to the sensitivity of the issue. The Beijing-headquartered company had...
DOTr approves LTFRB fare hike recommendation for PUVs
Acting Transportation Secretary Giovanni Lopez has approved the recommendation of the Land Transportation Franchising and Regulatory Board for the implementation of fare hikes for public utility vehicles that were approved in March.
