MANILA, Philippines — The Bureau of Internal Revenue (BIR) fell short of its revenue target for the first nine months of the year by P43 billion, though it still posted double-digit growth in September. As of Oct. 13, the latest data showed that the BIR collected P203.58 billion in September, an 11-percent jump from the

President Marcos Jr. has signed an executive order directing the formulation of a carbon market policy framework, Malacañang announced.

The National Telecommunications Commission has conducted speed tests for internet and mobile signals on the MRT-3.

The Hong Kong government will release two parcels of land for sale – one for a residential development and another for a student hostel project – in the October to December quarter, as officials maintain a cautious stance towards housing supply even as the market rebounds. One residential site – an 8,015-square-metre (86,250-square-foot) parcel of land in Sha Tin – will be offered through tender in the third quarter of the 2026-2027 financial year, Development Secretary Bernadette Linn Hon-ho...

MANILA, Philippines — The Philippine Competition Commission (PCC) has filed administrative charges against six firms and their officers, which it said were behind the “onion cartel” that drove onion prices to as much as P800 per kilogram in late 2022. Named in the charges were Golden Shine International Freight Forwarders Corp., Tian Long Corp., La Reina

ByteDance's AI research unit Seed has launched a global drive to recruit 10 researchers, saying it will make a long-term investment in AI safety for its increasingly capable models.

The DA said it is still awaiting word from some tollway operators, including San Miguel Corporation and those linked to the Villar group, to offer a rebate program for agricultural trucks.

MANILA, Philippines — The Philippine peso sank past the 63-per-dollar mark for the first time on Thursday, even as the US dollar retreated from an 18-month high despite hotter-than-expected US inflation. The local currency fell to an intraday low of 63.06 against the dollar during morning trading, according to data from the Bankers Association of the

About 50,000 housing units will be offered to Filipino workers and their families at the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund"s 2nd National Housing Expo at the SMX Convention Center in Pasay City on October 19 and 20.

MANILA, Philippines — After more than two weeks, the Visayas grid experienced a yellow alert on Thursday due to the unavailability of two large coal plants and limited power imports from Mindanao. Tight power supply continues, with 645.6 megawatts (MW) unavailable to the grid.  READ: Red alert up for 5 hours over Visayas grid In an

Payments through QR Ph and InstaPay nearly tripled on payments infrastructure company Xendit from January 2025 to April this year, a study released by the global payments infrastructure company on Thursday showed.

AI will only help the human workforce do their jobs easier and not replace them, a DEPDev official said on Thursday amid uncertainties on the use of such technology and fears of job losses.

Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...

The Philippine peso weakened against the dollar for the third trading day on Thursday, breaching the P63:$1 level to hit a fresh record low, amid what an economist described as a “series of unfortunate events.”

HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for...

Telecommunications company Globe Telecom said it is expanding its network infrastructure and exploring satellite direct-to-cell technology to improve mobile connectivity.

China Asset Management (Hong Kong) and Qatar’s Lesha Bank agreed on Wednesday to launch Qatar’s first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil. Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland’s rising artificial intelligence capabilities and biotech...

Inflation tops Filipinos" concerns --Pulse Asia survey

Three weeks into his tenure as the Communist Party secretary of Anhui province, Li Lecheng carried out an on-site inspection at China’s home-grown memory chip giant ChangXin Memory Technologies (CXMT) on Wednesday, pledging to grow integrated circuits (ICs) as an emerging pillar industry. During the visit to the company’s headquarters in the central province’s capital of Hefei, Li urged CXMT to further refine its product portfolio and actively expand into domestic and overseas markets. He...

Global logistics firm UPS on Thursday opened its $80-million new hub at Clark International Airport.

A mild displacement of jobs across the Asia-Pacific region as companies expand their use of AI would trim five percentage points off growth in office space demand in the next few years, according to property consultancy CBRE. In a report released on Thursday it said 3.9 per cent of office jobs were vulnerable to artificial intelligence-driven displacement in developed markets in the region, including Hong Kong, Singapore, Japan, South Korea, Taiwan, Australia and New Zealand. However, only 1.7...

The Bureau of Internal Revenue (BIR) on Thursday said it saw a double-digit revenue growth in September 2026 compared to last year.

HSBC has launched a discretionary portfolio management service for retail investors with a minimum investment threshold as low as HK$1,000 (US$128) per month, as Hong Kong’s largest lender aims to attract younger, tech-savvy customers. The new service, “Portfolio+”, allows HSBC’s retail banking customers in Hong Kong to build a discretionary investment portfolio via the company’s mobile apps with a lump sum of at least HK$10,000 or regular contributions of HK$1,000 per month, according to Winnie...

Cash remittances from overseas Filipinos increased year-on-year in August 2026, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed.

The Middle East conflict presents both risks and opportunities for Thailand's food industry. Rising energy and raw material costs, particularly fertilizers and plastic packaging inputs, are increasing production expenses, while transportation disruptions threaten supply chains across agriculture

MANILA, Philippines — The country’s largest business group has urged the government to fast-track projects under the Luzon Economic Corridor (LEC) initiative, which it said presents a “significant opportunity” for Philippine businesses that could go unrealized without timely implementation. In a 75-page document released at the 52nd Philippine Business Conference and Expo, the Philippine Chamber

The Philippine peso weakened past the P63:$1 level in early trading on Thursday, breaching fresh record lows against the US dollar, data from the Bankers Association of the Philippines showed.

MANILA, Philippines — Considering top business executives’ role in bankrolling political campaigns, the country’s largest business organization is studying how it can help ensure that campaign contributions are “legitimate” ahead of the 2028 national elections. Philippine Chamber of Commerce and Industry (PCCI) president Ferdinand Ferrer said the group was already looking into the mechanics of

MANILA, Philippines — First Gen Corp. has activated a solar rooftop project for the auto and industrial parts production facility of a Japanese multinational firm. The Lopez-led firm said on Wednesday that the solar facility for NKC Group’s Cebu subsidiary is now operational, just in time as the Visayas region faces electricity issues. READ: First Gen

MANILA, Philippines — The largest exporters’ organization in the Philippines is calling for a recalibration of Manila’s trade and geopolitical relations with the United States and China, particularly amid uncertainties surrounding US President Donald Trump’s tariff policies. Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. (Philexport), said he considered Beijing a more reliable