Peso weakness drives PH debt to record P19.61 trillion

Mainland China-based printed circuit board (PCB) maker Suzhou Dongshan Precision Manufacturing has cleared its final listing hurdle in Hong Kong and is moving towards a share sale that may rank among the city’s largest initial public offerings (IPOs) in the fourth quarter, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) recently, the people said, requesting anonymity because the information was...

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The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-support initiative aimed at helping businesses navigate registration and other requirements for setting up operations in economic zones.

Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter as investors contend with underwhelming stimulus measures from Beijing, tighter financial conditions in the US and a shift in the narrative around the artificial intelligence trade, according to analysts. The two markets were likely to consolidate through the rest of the year as investors digest the negatives before settling on a clearer direction, according to brokerages including Zheshang Securities and CCB...

The Philippine trade deficit narrowed to a 15-month low in August 2026 as imports declined from the previous month while exports climbed, preliminary government data released on Wednesday showed.

Yi Huiman, the former chairman of China’s securities regulator, has been formally prosecuted for allegedly accepting “especially large” bribes, as Beijing presses ahead with a sweeping anti-corruption campaign in the financial sector. Prosecutors in the eastern city of Qingdao recently filed a case against Yi with the Qingdao Intermediate People’s Court after an investigation by the National Commission of Supervision, state-owned Xinhua News Agency said on Wednesday. Yi allegedly used his...

Services of GCash, operated by G-Xchange Inc. (GXI), have been restored as of Wednesday noon, the mobile wallet operator announced.

China’s corporate sector remains considerably weaker than it was before the Covid-19 pandemic, but the country is emerging as a key beneficiary of the global artificial intelligence boom thanks to its ample power capacity, according to a Natixis survey of thousands of firms and a separate research report. Profit margins at Chinese firms had stabilised at about 4.5 per cent for the first half of 2026, but remained well below the nearly 9 per cent recorded by their global peers, according to the...

A total of 29 farm-to-market roads (FMR) across the Mimaropa region are set to be built, with a total funding of P430 million, the Department of Agriculture (DA) said.

USD to THB exchange rate stands at 33.40. Thailand's central bank maintained interest rates at 1.00% in 2026, supporting economic stability. Global factors and tourism influence currency fluctuations; travelers should compare exchange rates before converting money.

The Department of Labor and Employment (DOLE) has set the pay guidelines for work rendered on November 16 to 18, 2026, which have been declared as special non-working days in the National Capital Region in connection with the country's hosting of the 49th ASEAN Summit.

HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way for Hong Kong’s biggest lender to make the coin available to the more than 3.3 million users of its PayMe app for money transfers, shopping and dining. When launched before the end of the year, the stablecoin would be offered only through PayMe and HSBC’s Hong Kong mobile banking app, HSBC said. The bank said it was optimistic about retail usage of HSBC RedCoin, as 74 per cent of respondents to a survey of more than...