Mynt CEO Martha Sazon brings GCash experience to UN Global Summit

Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city’s de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency’s internationalisation, speakers at a banking summit said on Wednesday. “We have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a...

Securities and Exchange Commission (SEC) Chairman Francis Lim said he is “fervently hoping” that the GCash IPO will help generate gains for the country"s capital market.

President Ferdinand “Bongbong” Marcos Jr. is supportive of the suspension of a property tax hike following the request of the Private Sector Advisory Council (PSAC), according to Malacañang on Wednesday.

Filipino software startup BossLabs AI is looking beyond its domestic presence, setting its sights on establishing a footprint in Southeast Asia with Malaysia, Indonesia, and Thailand as its initial targets.

Filinvest Land Inc. is joining Pag-IBIG Fund"s network of partner developers for its Expanded Pambansang Pabahay para sa Pilipino Program (4PH), giving Filipino workers greater access to quality homes at more affordable prices.

Digital financial service providers, including online brokerages and digital banks that used to trumpet their “zero-branch, fully online” models, have been opening physical stores across Hong Kong recently. Analysts described it as a strategic trend aimed at enhancing brand image and service quality to capture market share, but added that the impact on the city’s retail property market would be limited. Futu Securities International (Hong Kong) opened a new global headquarters at Pacific Place...

Contemporary Amperex Technol­ogy Ltd (CATL) has cleared all regulatory hurdles for its mega factory in Hungary, a development that analysts expect will help the world’s largest producer of electric vehicle (EV) batteries extend its reach to international marques like BMW and Volkswagen. Production of battery cells at the €7.3 billion (US$8.35 billion) plant in Debrecen, the second-largest city in Hungary, began on Tuesday after it fulfilled all preconditions for a trial run, the company said. It...

The Government Service Insurance System (GSIS) on Wednesday announced expanded benefits and financial assistance to government retirees, including higher funeral benefits, stronger survivorship protections, and solar energy loans for pensioners.

The global artificial intelligence trade is staging a comeback, as a confluence of falling oil prices, Meta Platforms’ launch of a new agentic tool and anticipation surrounding the China-US leadership summit reignite investor interest in technology stocks. The Nasdaq-100 Index – where tech firms make up nearly 70 per cent of the 100 companies featured – hit an all-time high on Tuesday, surpassing the previous record set in June. In Asia, China’s chip-heavy Star Market 50 Index and South Korea’s...

Shenzhen Camsense Technologies, a maker of spatial sensors for robotic vacuum cleaners, launched a Hong Kong initial public offering (IPO) that aims to raise about HK$680 million (US$86.7 million), despite headwinds from Washington’s recent import ban on foreign-made vacuum robots. “The export and procurement for our existing client products remain normal, with potential disruption limited to new product development schedules,” Camsense co-founder Zhou Kun said about the ban’s impact. “We have...

A decade after negotiations began, the Philippines and the European Union (EU) have finally concluded talks on a landmark free trade agreement (FTA), opening the door for Philippine goods to further penetrate the 450-million-strong European market and vice versa. Philippine Trade Secretary Cristina Roque and EU Commissioner for Trade and Economic Security Maroš Šefčovič reached

Record-breaking heat, devastating droughts, deadly wildfires and heavy rain and severe floods around the world over recent months have sparked a new urgency in the search for practical solutions to climate change. The challenge for governments is not only to generate cleaner sources of power, but also to use safer and more efficient energy technologies and storage systems that are affordable and scalable so they can have a global impact. Hong Kong is increasingly positioning itself as an...