PSEi dips to 5,800 level on FTSE rebalancing, fuel price hikes

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

MANILA, Philippines — The Bangko Sentral ng Pilipinas is expected to take a measured approach to raising interest rates despite the US Federal Reserve’s (Fed) first increase since 2023, analysts said, as a more aggressive tightening campaign could unsettle markets and add to financial volatility. Leonardo Lanzona, an economist at Ateneo de Manila University, said the

MANILA, Philippines — The Department of Budget and Management (DBM) has approved more than 26,000 positions in the Department of Social Welfare and Development (DSWD), including about 5,703 posts to strengthen operations of the Pantawid Pamilyang Pilipino Program (4Ps). The latest staffing action covers 5,711 regular positions in DSWD, of which 5,703 are for the institutionalization

MANILA, Philippines — The Philippine government has ditched plans to bid out coal contracts this year as it overhauls awarding rules, a development that further fuels the anxiety gripping Consunji-led Semirara Mining and Power Corp. (SMPC). In an advisory dated Sept. 15, the Department of Energgy (DOE) scrapped the 2026 coal bid round covering three predetermined

MANILA, Philippines — Manila will make a push to anchor Southeast Asia’s $300-billion creative economy when the region’s heads of state troop to the Philippines in November, where it will pitch a center of excellence dedicated to the sector. That center, planned for the 21,000-square-meter Likhang Filipino site in Pasay, would be just the second Asean