China to enter Brazil’s cement market as Huaxin agrees to buy CSN Cimentos

South China Morning Post - Nov 8, 2026

Chinese building materials giant Huaxin Building Materials Group plans to acquire a 99.99 per cent stake in Brazil’s second-largest cement producer, CSN Cimentos, in a landmark deal that will mark China’s first entry into the Brazilian cement market, according to a company statement. The company from central China’s Hubei province, which is listed in both Shanghai and Hong Kong, reached a share purchase agreement with CSN Cimentos on Saturday, with the deal valued at US$1.64 billion, according...

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Farm output value dips by 5% in 3Q 2026

Nov 8, 2026

Farm output value dips by 5% in 3Q 2026

The value of the country"s agricultural and fisheries production shrank to P389.42 billion in the third quarter of 2026, marking a 5% decline from the same period last year at constant 2018 prices, according to the Philippine Statistics Authority.

Beijing’s latest property stimulus falls short in lower-tier-cities

Nov 8, 2026

Beijing’s latest property stimulus falls short in lower-tier-cities

Beijing’s latest property stimulus package has failed to stop a downward spiral in home transactions and prices in mainland China’s lower-tier cities, which could prompt top regulators to roll out stronger incentives to reinvigorate the weak market. According to data compiled by the China Real Estate Index System (CREIS), prices in the country’s third- and fourth-tier cities dropped 2 per cent year on year in October for new homes, while prices of lived-in residential units slumped 6.5 per...

Thailand permits alcohol sales at five types of venues during Buddhist holidays

Nov 7, 2026

Thailand permits alcohol sales at five types of venues during Buddhist holidays

Thailand revised alcohol regulations to allow sales at specific venues on major Buddhist holidays, maintaining a general prohibition elsewhere.

PCCI, PhilExport back expansion of BIR tax abatement program

Nov 7, 2026

PCCI, PhilExport back expansion of BIR tax abatement program

MANILA, Philippines — The Philippine Chamber of Commerce and Industry (PCCI) and the Philippine Exporters Confederation Inc. (PhilExport) have welcomed the Bureau of Internal Revenue’s (BIR) plan to expand its one-time tax abatement program to small taxpayers, saying the move would help more businesses resolve outstanding tax liabilities and pending cases. The planned expansion would

Farmers' cooperative receives P65.6M rice processing facility from DA 

Nov 7, 2026

Farmers' cooperative receives P65.6M rice processing facility from DA 

The Department of Agriculture (DA) said it has turned over a rice-processing facility worth P65.6 million to a farmers' cooperative in Nueva Ecija.

Rockwell Land goes bigger on retail, better on experience

Nov 7, 2026

Rockwell Land goes bigger on retail, better on experience

Rockwell Land Corp. has doubled its retail footprint, giving its loyal patrons more spaces to shop and more reasons to stay. Following its acquisition of Alabang Town Center late last year, the property developer now has close to 200,000 sqm of gross leasable area (GLA), doubling a retail portfolio that began with the Power Plant

A place for every version of you

Nov 7, 2026

A place for every version of you

A home is more than just a place to clock out from the demands of everyday life. For a young professional, it can serve as a blank canvas where ideas are scattered across couches and marble tabletops, and where one gets ready to face the day, perhaps wondering: Who will I be today? It’s a

The new rules of going out

Nov 7, 2026

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By a certain measure, it would seem that the Filipino consumer hasn’t lost the appetite to shop, dine or travel. A cursory look at the country’s biggest malls and busiest airports would suggest that many Filipinos remain just as eager to go places and spend on experiences. Behind those crowds, however, is a changing and

When housing supply doesn’t solve the housing problem

Nov 7, 2026

When housing supply doesn’t solve the housing problem

The Philippine housing backlog is estimated to reach 3.7 million units between 2022 and 2028, according to the Philippine Statistics Authority (PSA). Meanwhile, housing production from 2022 to the end of 2025 totaled only about 477,000 units, based on statements from the Department of Human Settlements and Urban Development (DHSUD). In other words, by the

Menarco wins WELL healthy building 'champion award'

Nov 7, 2026

Menarco wins WELL healthy building 'champion award'

Award-winning real estate developer Menarco Development Corporation has received the coveted champion award from the International WELL Building Institute (IWBI).

We’ve got it all for you—and a whole lot of wow

Nov 7, 2026

We’ve got it all for you—and a whole lot of wow

For a moment, you might just forget you’re standing inside a shopping mall. The soaring ceiling could easily belong to an international airport, while the expansive 1-hectare indoor garden, bathed in beautiful natural light in a comfortable, airconditioned setting, brings to mind Singapore’s famed Gardens by the Bay. Yet this is SM Nuvali. In this

China’s EV safety push gives foreign brands from Tesla to GM an opening for a comeback

Nov 7, 2026

China’s EV safety push gives foreign brands from Tesla to GM an opening for a comeback

International brands have become unlikely beneficiaries of Beijing’s clampdown on so-called rapidly developed vehicles as they step up efforts to convince Chinese consumers of their cars’ quality and reliability. About 10 foreign carmakers from Tesla to General Motors (GM) were not only displaying their latest electric vehicle (EV) technologies at the China International Import Expo (CIIE), but also using the event to highlight their strengths as they continued to lose market share to Chinese...

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