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Can China use its widening US yield gap to boost the yuan’s global role?
Oct 9, 2026

Can China use its widening US yield gap to boost the yuan’s global role?

China should seize a window opened by the widening US-China yield gap to strengthen the financing, hedging and asset-absorption systems behind the yuan, turning its cyclical low-interest-rate advantage into lasting global use of the currency, according to a researcher from a Beijing-based governmental think tank. The 10-year US Treasury yield was 5.22 per cent on Thursday, compared with 1.69 per cent for Chinese government bonds on their first trading day after the National Day holiday – a gap...


Peso sinks to fresh record low of 62.90:$1
Oct 9, 2026

Peso sinks to fresh record low of 62.90:$1

MANILA, Philippines — The Philippine peso fell to a new record low on Thursday as expectations of higher US interest rates strengthened the dollar. The peso weakened 15 centavos to close at 62.90 per dollar, surpassing its previous record-low close of 62.86 set on Sept. 14, according to data from the Bankers Association of the Philippines.


100-km NCR busway boost pushed
Oct 9, 2026

100-km NCR busway boost pushed

MANILA, Philippines — The Department of Transportation (DOTr) is planning three new high-capacity bus corridors spanning more than 100 kilometers (km) across Metro Manila, building on the existing EDSA Busway to improve public transport connectivity in the capital region. Transportation Undersecretary Mark Pastor said the proposed corridors would run along C5, Quezon Avenue and Ortigas-Aurora. READ:


PH growth seen below 3% with weak demand, inflation
Oct 9, 2026

PH growth seen below 3% with weak demand, inflation

MANILA, Philippines — Economic growth this year is likely to fall short of President Ferdinand Marcos Jr.’s target as weak domestic demand weighs on the economy, Bank of America said, while the central bank is expected to focus more on taming red-hot inflation than supporting growth for now. In a note to clients, BofA forecasts that


Figaro Culinary moves to delist from PSE
Oct 9, 2026

Figaro Culinary moves to delist from PSE

MANILA, Philippines — Figaro Culinary Group Inc. is seeking to delist from the Philippine Stock Exchange (PSE), with Figaro Coffee Systems Inc. (FCSI) planning to buy out minority shareholders at P0.82 per share. In a disclosure on Thursday, the restaurant operator said it received on Oct. 7 a notice from FCSI regarding the proposed tender


Caap ramps up airport makeovers with 91 projects
Oct 9, 2026

Caap ramps up airport makeovers with 91 projects

MANILA, Philippines — The Civil Aviation Authority of the Philippines (Caap) has more than tripled its airport infrastructure project portfolio to 91 this year, as it steps up efforts to modernize gateways amid sustained growth in air travel. Caap Director General Raul Del Rosario said the figure marks a significant increase from just 25 projects in


10 firms eye PH’s first natural gas auction
Oct 9, 2026

10 firms eye PH’s first natural gas auction

MANILA, Philippines — Ten companies, including those backed by power giants, have expressed interest in joining the country’s first mid-merit natural gas bidding. Among those vying to secure contracts are Prime Infra, featuring its massive gas assets: 1,000-megawatt (MW) Sta. Rita, 600-MW Sta. Maria, 500-MW San Lorenzo and 420-MW San Gabriel natural gas-fired combined cycle power


Toyota pours P3M into tamaraw conservation
Oct 9, 2026

Toyota pours P3M into tamaraw conservation

MANILA, Philippines — Automotive giant Toyota Motor Philippines Corp. is pouring P3 million into the conservation of Mindoro’s tamaraws, the critically endangered animals after which it named its locally assembled utility vehicle. Part of the funding will go toward improvements at the Tamaraw Research and Conservation Center, including additional research and monitoring equipment to help


Price is the only P that can break you
Oct 9, 2026

Price is the only P that can break you

MANILA, Philippines — We were all taught the 5 P’s of marketing: Product, Price, Place, Promotion and People. In stable times, they work together. You balance them. In uncertain times, that balance disappears. One P begins to dominate—and that is Price. Not because the others don’t matter—but because the others will not break you as quickly,


Stop selling certainty: The case for assumption-driven leadership
Oct 9, 2026

Stop selling certainty: The case for assumption-driven leadership

The more ambitious the strategy, the more dangerous it is to pretend you know exactly how it will succeed. For more than 30 years of mentoring executives, advising business owners and evaluating business models, I have seen a recurring pattern—major initiatives rarely fail because leaders lack ambition. They fail because critical assumptions were not challenged


Buyers, know your rights: Gov’t strengthens guardrails
Oct 9, 2026

Buyers, know your rights: Gov’t strengthens guardrails

MANILA, Philippines — In a dizzying marketplace where the line between legitimate and bogus, scam and sale, artificial intelligence-generated and the real deal is increasingly blurred, consumers could use a few guardrails. That is particularly true in the Philippines, a market of more than 112 million people where household consumption has historically accounted for roughly 70


Human hedonism, a springboard to excellent customer service 
Oct 9, 2026

Human hedonism, a springboard to excellent customer service 

MANILA, Philippines — All pedagogical research states that in business the aim of excellent, if not satisfying customer service, is to create a high value customer lifetime value.  This customer lifetime value is measured against certain metrics that include the aggregated number and value of purchases over a period of time the customer continues to use


Homegrown brands stand tall in Asia’s retail race
Oct 9, 2026

Homegrown brands stand tall in Asia’s retail race

MANILA, Philippines — Even in Asia’s fiercely competitive retail landscape, where homegrown names jostle with global behemoths for consumers’ wallets, some familiar Philippine brands are proving they still have plenty of pull. In the inaugural Brand Conviction Index published by Inside Retail Asia, homegrown brands ShopSM, Penshoppe and Bench ranked among the top 100 retailers in


Diesel rollback of up to P2/liter, gasoline hike P2.20/liter seen next week
Oct 9, 2026

Diesel rollback of up to P2/liter, gasoline hike P2.20/liter seen next week

Motorists should expect mixed movements in fuel prices to be implemented in the coming week.


Finance or gambling? Prediction-market players push for regulatory clarity in Asia
Oct 9, 2026

Finance or gambling? Prediction-market players push for regulatory clarity in Asia

Fintech industry executives have stepped up lobbying for clearer regulations regarding prediction markets as they attempt to distance the business from gambling and also play down its risks. The calls, made at Thursday’s iFX Expo Asia in Hong Kong, come as regulators and legal experts in the city and across Asia debate whether such platforms should be regulated as financial products or as a form of gambling. “There is so much uncertainty,” said Nicholas Baumer, chief commercial officer of the...


Initial native hydrogen exploration shows promise — DOE chief
Oct 9, 2026

Initial native hydrogen exploration shows promise — DOE chief

MANILA, Philippines — US-based Koloma, Inc. has reported encouraging results from its initial test in its search for native hydrogen resources in Luzon, according to the energy chief.  Department of Energy (DOE) Secretary Sharon Garin said Thursday that Koloma executives were “very positive” about the prospects of harnessing native hydrogen in the country following a


DTI assures continuity in trade talks after chief negotiator’s exit
Oct 9, 2026

DTI assures continuity in trade talks after chief negotiator’s exit

MANILA, Philippines — The Philippines’ ongoing free trade negotiations with major markets, including the European Union (EU) and Canada, will proceed as planned despite the departure of the country’s chief trade negotiator, Trade Secretary Cristina Roque said. On Wednesday, President Marcos appointed Trade Undersecretary Allan Gepty, who serves as the country’s chief trade negotiator, as one


Emirates to scout Philippines for pilots
Oct 9, 2026

Emirates to scout Philippines for pilots

MANILA, Philippines — United Arab Emirates flag carrier Emirates is heading to Manila for a two-day recruitment drive for Filipino pilots, as the world’s largest international airline expands its workforce amid growing demand for air travel. The airline will hold its first pilot recruitment roadshow in the Philippines, one of its longest-standing international markets, as it


PH needs up to P27B to energize over 100K households
Oct 9, 2026

PH needs up to P27B to energize over 100K households

MANILA, Philippines — The government’s target to energize about 100,000 households in remote areas will require investments reaching P20 billion to P27 billion, the Department of Energy (DOE) said Thursday. At the Philippine Energy Investment Forum, Luningning Baltazar, director of the DOE Electric Power Industry Management Bureau, said the agency has identified an additional 369 unserved


Weak budget utilization threatens infra spending—CPBRD
Oct 9, 2026

Weak budget utilization threatens infra spending—CPBRD

MANILA, Philippines — The Marcos administration’s infrastructure spending plan may deliver less economic benefit than intended as persistent implementation bottlenecks prevent key agencies from fully using their allocated funds, a congressional policy research unit said. In its 2027 budget brief, the Congressional Policy and Budget Research Department (CPBRD) said key agencies implementing infrastructure projects recorded average


PwC: Supply-Chain Diversification, AI and Energy Transition Open New Growth Paths for Thailand
Oct 8, 2026

PwC: Supply-Chain Diversification, AI and Energy Transition Open New Growth Paths for Thailand

A new PwC Thailand report shows the country entering a fresh investment phase as supply chains shift, AI adoption grows and clean energy expands. With $86 billion in 2025 FDI inflows, Thailand targets digital infrastructure, automotive, tourism and food processing, though success depends on upgrading infrastructure, talent and regulatory execution across the ASEAN gateway.


Hong Kong’s AI Marketing Moment is Here. The Question is Whether Business Leaders are Moving Fast Enough
Oct 8, 2026

Hong Kong’s AI Marketing Moment is Here. The Question is Whether Business Leaders are Moving Fast Enough

[The content of this article has been produced by our advertising partner.]  AI is moving faster than many businesses can absorb. Across Asia, brands are testing new tools, automating workflows and rethinking how customers are reached. Yet one question remains unresolved: are companies truly transforming, or simply adding AI to old ways of working? For Hong Kong, the stakes are high. The city has long positioned itself as a bridge between Chinese Mainland and the world. In the AI era, that role...


Central retail shop bought by Swiss heir in ‘rare’ Hong Kong market move
Oct 8, 2026

Central retail shop bought by Swiss heir in ‘rare’ Hong Kong market move

In a rare market move, a long-established local developer sold a Central retail shop that was held for over 50 years to an heir of Swiss underwear maker Triumph, according to data from the Land Registry, a deal analysts have called “highly unusual”. The use of international capital to acquire local retail assets in Hong Kong is uncommon. Triumph International did not immediately respond to a request for comment from the South China Morning Post. The transaction involved a ground-floor shop at...


ASEAN’s Data Center Boom Puts Sustainability Goals to the Test
Oct 8, 2026

ASEAN’s Data Center Boom Puts Sustainability Goals to the Test

According to Krungsri Research, between 2025 and 2027 Thailand's data center industry is expected to expand at an annual rate of 7.5% to 8.5%, driven by the growing digital economy.


Thailand and Japan deepen industrial partnership around semiconductors, EVs and clean energy
Oct 8, 2026

Thailand and Japan deepen industrial partnership around semiconductors, EVs and clean energy

Thailand and Japan are deepening their industrial relationship as both countries reposition supply chains around advanced manufacturing, with Japanese companies submitting more than US$11.72 billion in investment applications across 1,380 projects between 2021 and mid-2026, according to the Thailand Board of Investment. The figure underscores Japan’s continuing importance to Thailand even as Chinese investment has […]


CIC turns in P169.6M in first-ever dividend remittance
Oct 8, 2026

CIC turns in P169.6M in first-ever dividend remittance

MANILA, Philippines — The Credit Information Corporation (CIC) has made its first-ever dividend remittance to the national government, turning over P169.64 million and helping push this year’s projected collections from state-owned firms to a record P147.36 billion. In a statement, the Department of Finance (DOF) said the remittance marked CIC’s first dividend contribution since its establishment


PH, France strengthen agricultural ties
Oct 8, 2026

PH, France strengthen agricultural ties

MANILA, Philippines — The Philippines and France have agreed to strengthen their agricultural collaboration, focusing on farm trade, research, food safety, animal health, and climate-resilient agriculture. “Our partnership with France is important as we work to make Philippine agriculture more productive, competitive and resilient,” Agriculture Secretary Francisco Tiu Laurel Jr. said in a statement on Thursday.


MPOC sees room to expand PH palm oil market
Oct 8, 2026

MPOC sees room to expand PH palm oil market

KUALA LUMPUR, Malaysia — The Malaysian Palm Oil Council (MPOC) sees room to expand its presence in the Philippines, particularly through oleochemicals and other high-value products, its official said. MPOC CEO Belvinder Sron said the industry group could leverage the country’s oleochemical sector to manufacture consumer goods such as laundry detergents, soaps, and personal-care items using


PH rice supply seen rising as groups secure US imports
Oct 8, 2026

PH rice supply seen rising as groups secure US imports

MANILA, Philippines — The Philippines’ rice supplies may increase after two industry groups signed an agreement to source rice from the United States starting next year, marking a step toward reopening and expanding trade in US rice to the archipelago. The memorandum of agreement signed by the USA Rice Federation (USA Rice) and the Philippine Rice


PSEi sinks to 5,610 on rate hike fears 
Oct 8, 2026

PSEi sinks to 5,610 on rate hike fears 

MANILA, Philippines — Local stocks dropped sharply on Thursday due to rising expectations of interest rate hikes in the U.S. and domestically, alongside foreign fund withdrawals. market. The benchmark Philippine Stock Exchange Index (PSEi) dropped 2.20 percent, or 126.30 points, to close at 5,610.39. READ: PH inflation shock revives bets on BSP rate hikes Philstocks Financial