Recent News

Asean stands to gain from US-China rivalry, says Jaza
Nov 14, 2026

Asean stands to gain from US-China rivalry, says Jaza

MANILA, Philippines — Growing trade tensions between the United States and China are reshaping traditional trade relationships, creating an opportunity for Southeast Asia to forge new economic partnerships, said Ayala Corp. chair Jaime Augusto Zobel de Ayala. Zobel de Ayala sees the rivalry between the two economic superpowers as a major “swing factor” for the Association


Vijit Chao Phraya 2026 lights up Bangkok’s riverfront with a month-long celebration of creativity and spectacle
Nov 14, 2026

Vijit Chao Phraya 2026 lights up Bangkok’s riverfront with a month-long celebration of creativity and spectacle

Vijit Chao Phraya 2026 dazzles Bangkok's riverfront with lights, drones, fireworks, supporting local communities and night-time tourism.


Expanding Sino-foreign postgrad degrees lure working professionals back to the classroom
Nov 14, 2026

Expanding Sino-foreign postgrad degrees lure working professionals back to the classroom

Many Chinese working professionals are turning to postgraduate degrees jointly offered by local and overseas universities, seeking internationally recognised qualifications and technical skills that can boost their prospects with employers pursuing expansion abroad. More than 200,000 applications were submitted for master’s programmes jointly offered by Chinese and overseas universities in the current academic year, up 45 per cent from 2025-26, according to a 2026 report by New Oriental Vision...


Trump visit no quick fix for PH tariff troubles
Nov 14, 2026

Trump visit no quick fix for PH tariff troubles

MANILA, Philippines — Manila and other United States trading partners should not get their hopes up that US President Donald Trump’s upcoming visit, along with the Republicans’ defeat in the midterm elections, will reverse Washington’s bruising tariff policies.  That was the warning issued by Peter Mumford, an analyst who heads the Southeast Asia arm of


Recto urges businesses to tap Asean deals for growth
Nov 14, 2026

Recto urges businesses to tap Asean deals for growth

MANILA, Philippines — Executive Secretary Ralph Recto urged businesses to turn regional partnerships and trade agreements into growth opportunities, speaking at the Association of Southeast Asian Nations (Asean) Business and Investment Summit. Recto urged businesses to deliver on three key priorities aligned with Asean’s regional cooperation agreements: use regional agreements as opportunities for business development, invest


Asean test for big business: Help uplift MSMEs, too
Nov 14, 2026

Asean test for big business: Help uplift MSMEs, too

MANILA, Philippines — Asean Business Advisory Council Chair Jose Ma. Concepcion III on Saturday urged big businesses to help uplift smaller businesses across Southeast Asia so they too could reap the benefits of the region’s growth.  Speaking before hundreds of business executives at the Asean Investment Summit, Concepcion said the region’s prosperity must be practical and


ASEAN ministers sign landmark region-wide digital economy agreement
Nov 14, 2026

ASEAN ministers sign landmark region-wide digital economy agreement

Trade, investment, and economic leaders of the Association of Southeast Asian Nations (ASEAN) on Saturday signed a landmark pact establishing a region-wide framework for cross-border digital trade and e-commerce, the first agreement of its kind in the world.


China should share its renewable energy expertise
Nov 14, 2026

China should share its renewable energy expertise

China is updating a law that has underpinned one of the most remarkable industrial transformations of our time. After two decades of rapid renewable-energy development, China is preparing to rewrite the rules that have guided, supported and guarded its energy revolution. The draft revision to China’s Renewable Energy Law was released on November 6 for public comment until December 5. Twenty years ago, China, having just joined the World Trade Organization, saw energy consumption surge as...


Another fuel price rollback expected next week
Nov 14, 2026

Another fuel price rollback expected next week

Another round of downward adjustments in the retail prices of petroleum products will greet motorists in the coming week.


Thailand Launches Crypto-to-Baht Payments for Tourists via PromptPay QR Codes
Nov 14, 2026

Thailand Launches Crypto-to-Baht Payments for Tourists via PromptPay QR Codes

This novel service allows foreign travelers to effortlessly convert major stablecoins such as USDT and USDC into Thai baht, enabling seamless everyday purchases by scanning standard Thai QR PromptPay codes without requiring a local domestic bank account.


China’s battery giant CATL faces tough choices after epic US$130b sell-off
Nov 14, 2026

China’s battery giant CATL faces tough choices after epic US$130b sell-off

Robin Zeng Yuqun, chairman of the Chinese battery giant Contemporary Amperex Technology Ltd (CATL), has maintained an upbeat image in recent weeks, telling a conference last month that battery storage was becoming “an indispensable new infrastructure for the power system”. But analysts are less optimistic about the industry’s near-term outlook, with some calling on Zeng to take stronger measures to deal with a crisis that has seen CATL’s market capitalisation plunge by nearly 50 per cent in six...


Recto urges businesses to turn ASEAN trade deals into investments, jobs
Nov 14, 2026

Recto urges businesses to turn ASEAN trade deals into investments, jobs

Executive Secretary Ralph Recto urged businesses to turn ASEAN partnerships and trade agreements into investments, jobs and growth opportunities, while helping smaller enterprises benefit from closer regional cooperation.


PH leads 28th ASEAN Economic Community Council Meeting
Nov 14, 2026

PH leads 28th ASEAN Economic Community Council Meeting

The Philippines on Saturday led the 28th ASEAN Economic Community Council Meeting in Manila, as ministers finalized proposals and initiatives to boost the economies of member states.


Phuket Launches Operation to Restore Freedom Beach
Nov 14, 2026

Phuket Launches Operation to Restore Freedom Beach

The Natural Resources and Environment Minister initiated an operation to dismantle unauthorized structures on Freedom land to uphold environmental regulations and protect public spaces.


Toxic Sai River Contamination Threatens Mae Sai’s Livelihoods
Nov 14, 2026

Toxic Sai River Contamination Threatens Mae Sai’s Livelihoods

Toxic contamination of the Sai River from unregulated mining has devastated the economy, environment, and livelihoods in Mae Sai district, forcing residents like Kanya to seek new business opportunities amidst ongoing health concerns.


PH urged to keep pace with Asean
Nov 14, 2026

PH urged to keep pace with Asean

MANILA, Philippines — Management Association of the Philippines (MAP) president Donald Lim has called on the government to ramp up efforts to modernize the country’s investment environment, saying efforts to promote the Philippines would be futile if rules are not at par with those in the rest of Southeast Asia. In a statement issued ahead


Ecozone investments shatter 14-yr record
Nov 14, 2026

Ecozone investments shatter 14-yr record

MANILA, Philippines — Investments pouring into the country’s economic zones reached a record P315.5 billion in 2026, eclipsing the P311.9-billion high set more than a decade ago in 2012. The record tally was as of Nov. 10, with more projects expected to be approved before yearend. READ: Peza raises 2027 goal; new record within reach It


PAL monitoring US flights situation
Nov 14, 2026

PAL monitoring US flights situation

Flag carrier Philippine Airlines (PAL) on Saturday said it is closely monitoring air traffic situation in the United States after all flights were ordered grounded.


Filipinos to enjoy cheaper airfares from Nov 16-30
Nov 14, 2026

Filipinos to enjoy cheaper airfares from Nov 16-30

MANILA, Philippines — Travelers are in for a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) has approved lower fuel surcharges for the period, following a decline in global jet fuel prices at the start of the month. In an advisory dated Nov. 12, the aviation regulator said a


Life after Labubu? Pop Mart struggles for relevance as its toy sales plummet
Nov 14, 2026

Life after Labubu? Pop Mart struggles for relevance as its toy sales plummet

Pop Mart International will once again send a giant float down Sixth Avenue later this month for the Macy’s Thanksgiving Day Parade in New York City, but the company feels rather less buoyant than it did when it debuted at the event last year. The Chinese toymaker’s global ascent has stalled badly as the hype surrounding its Labubu dolls fades. Sales have plunged in recent months, dragging down the firm’s stock price and the net worth of its founder and CEO, Wang Ning. Wang now faces a giant...


BIR’s Ligon eyes 5-year overhaul of IT systems
Nov 13, 2026

BIR’s Ligon eyes 5-year overhaul of IT systems

MANILA, Philippines — The newly appointed Commissioner Rolando Ligon plans to accelerate the Bureau of Internal Revenue’s (BIR) digital modernization program with a multi-year overhaul of its core information technology systems. In a statement a day after Ligon’s appointment, the BIR said the new commissioner plans to initiate a five-year program to upgrade its computer infrastructure


PH warned against Japan-backed energy investments
Nov 13, 2026

PH warned against Japan-backed energy investments

MANILA, Philippines — Over 30 civil society groups across Asia warned that Japan’s $10-billion energy financing drive for Southeast Asian economies could deepen the Philippines’ reliance on fossil fuels despite efforts to accelerate renewables buildout. The organizations said on Friday that pushing for further tie-ups with Japan could make Filipino consumers more vulnerable to oil


NLEX expands EV charging network
Nov 13, 2026

NLEX expands EV charging network

NLEX Corporation has expanded its electric vehicle (EV) charging network along its expressways, giving motorists more options to recharge while traveling between Metro Manila and Central Luzon.


SMC power unit backs DOE rule on surrendering assets
Nov 13, 2026

SMC power unit backs DOE rule on surrendering assets

MANILA, Philippines — San Miguel Corp.’s power arm signaled strong interest in the government’s coal mine auction and even praised the Department of Energy (DOE) for its controversial asset-surrender rule, a provision that has drawn the ire of incumbent operator Semirara Mining and Power Corp. (SMPC). Of the seven companies that attended a new pre-bid


GMA swings to P77-M loss in Q3
Nov 13, 2026

GMA swings to P77-M loss in Q3

MANILA, Philippines — Broadcast giant GMA Network Inc. slipped into the red in the third quarter of 2026, with sluggish advertising spending and the absence of election-related placements weighing on its revenues. In a disclosure on Friday, the company said it had incurred a consolidated net loss of P77.36 million from July to September, reversing the


San Miguel 9-month profit drops 40% to P47.3B
Nov 13, 2026

San Miguel 9-month profit drops 40% to P47.3B

MANILA, Philippines — San Miguel Corp. (SMC) reported a 40-percent drop in net income to P47.3 billion in the first nine months of 2026, weighed down by unrealized foreign exchange losses and a high year-earlier base. The conglomerate said its 2025 results included a one-time gain from the Chromite transaction. Excluding that gain and other


Airline losses drag JG Summit’s 9-month profit down 33%
Nov 13, 2026

Airline losses drag JG Summit’s 9-month profit down 33%

MANILA, Philippines — JG Summit Holdings Inc.’s net income attributable to equity holders of the parent fell 33 percent to P12.5 billion in the first nine months of 2026, as higher jet fuel costs and a weaker peso weighed on its airline business. On Friday, the Gokongwei-led conglomerate pointed said the peso’s depreciation increased foreign exchange


ABS-CBN 9-mo losses widened to P2.95B
Nov 13, 2026

ABS-CBN 9-mo losses widened to P2.95B

MANILA, Philippines — ABS-CBN Corp. saw its losses widen by nearly a third in the first nine months of 2026, as weaker advertising demand and a shrinking cable subscriber base were further aggravated by “challenging market conditions” In a disclosure on Friday, the media company reported a consolidated net loss of P2.95 billion from January to


PSEi drops to 2026 low as peso weakens
Nov 13, 2026

PSEi drops to 2026 low as peso weakens

MANILA, Philippines — Local stocks fell for a third straight session on Friday, closing at their lowest level this year as a weaker peso and a downgrade to the country’s growth outlook weighed on sentiment. The benchmark Philippine Stock Exchange Index (PSEi) shed 67.06 points, or 1.18 percent, to close at 5,593.49, slipping below 5,600. READ:


Shopee launches ShopeeFood in the Philippines, expanding its ecosystem of everyday services 
Nov 13, 2026

Shopee launches ShopeeFood in the Philippines, expanding its ecosystem of everyday services 

Shopee, the largest e-commerce platform in Southeast Asia and Taiwan and a leading e-commerce platform in Brazil, has launched  ShopeeFood, its food delivery service, in the Philippines. The service is now available in Metro Manila, making the Philippines the fifth Southeast Asian market where Shopee offers food delivery as part of its broader marketplace offering.