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Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence
Oct 31, 2026

Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence

For decades, Asia’s macroeconomic fortunes were viewed through two external lenses: Western demand drove its factories, while the Federal Reserve and the dollar shaped its financial conditions. Both remain important. But this perspective increasingly misses how much the region itself now matters. Across ASEAN+3 (ASEAN, plus China, Japan, and Korea), changing production and demand structures […]


Binance seeks to shore up confidence after record $6.3 billion heist
Oct 31, 2026

Binance seeks to shore up confidence after record $6.3 billion heist

Binance, the world's biggest cryptocurrency exchange, worked on Friday to shore up public confidence after a record $6.3 billion hack of its platform, promising it would cover all losses from company funds and allow clients to trade again within days.


Scary deals? What makes Hong Kong shun death-linked homes while France embraces the risk
Oct 31, 2026

Scary deals? What makes Hong Kong shun death-linked homes while France embraces the risk

Even as Hong Kong remains the world’s least affordable housing market, many buyers still shun heavily discounted homes linked to an “unnatural death”, such as murder or suicide, according to property agents. Prices for such properties could fall by as much as 50 per cent, while rents were typically about 20 per cent below market rates, they added. The aversion stands in stark contrast to parts of Europe, particularly in France, where buyers are often willing to purchase homes under a “vente en...


BSP: Oct inflation could top 8%
Oct 31, 2026

BSP: Oct inflation could top 8%

MANILA, Philippines — Consumer price growth may have accelerated to a more than three-year high in October, potentially breaching 8 percent as higher domestic energy prices and transport fares drove up the cost of living. In a statement on Friday, the Bangko Sentral ng Pilipinas (BSP) said inflation likely ranged from 7.1 percent to 8.1


PH exports hit new peak in Sept; semiconductors for AI lead surge
Oct 31, 2026

PH exports hit new peak in Sept; semiconductors for AI lead surge

MANILA, Philippines — Philippine exports hit a record high in September, buoyed by the global artificial intelligence (AI) boom, which fueled demand for locally made electronics. But the semiconductor-led surge underscored the need to diversify the country’s export base to protect the gains should the technology-driven demand suddenly falter. READ: Exports soar to all-time high, curbing


BDO sets new 9-month profit record high at P63.6B
Oct 31, 2026

BDO sets new 9-month profit record high at P63.6B

MANILA, Philippines — BDO Unibank Inc. set a new record for its nine-month net income at P63.6 billion in 2026, up from P63.1 billion a year earlier, as stronger lending and improved asset quality supported its core businesses. The Sy family-led bank said on Friday that its net income grew by about 0.8 percent despite


DoubleDragon’s core profit ballooned to P3.91 billion
Oct 31, 2026

DoubleDragon’s core profit ballooned to P3.91 billion

MANILA, Philippines — DoubleDragon Corp.’s core net income ballooned by 253.59 percent to P3.91 billion in the first nine months of 2026 as core revenues more than doubled amid its expanding overseas hotel business. On Friday, the company founded by tycoons Tony Tan Caktiong and Edgar Sia II said core revenues surged by 143.65 percent to


Up to P1/liter diesel rollback, over P2/liter hike in gasoline expected next week
Oct 31, 2026

Up to P1/liter diesel rollback, over P2/liter hike in gasoline expected next week

Mixed movements in fuel prices are expected to be implemented in the coming week.


A father’s lessons, a son’s defining honor
Oct 30, 2026

A father’s lessons, a son’s defining honor

Some of Alfred V. Ty’s most important lessons in real estate came long before he began building a name of his own. Much of what he learned from his father, the late Metrobank founder Dr. George S.K. Ty, continues to guide him today, shaping how he leads Federal Land Inc. and builds on its more


Room to breathe in a well-connected city
Oct 30, 2026

Room to breathe in a well-connected city

Even in a bustling city, there should always be room to breathe. Ayala Land Premier (ALP) has made this sense of openness a defining feature of Gardencourt Residences, a 2.1-hectare residential development in Arca South, Taguig City, where expansive spaces and landscaped gardens offer a welcome respite from the density of Metro Manila. Here, five


Redefining urban living with ‘Condovision’  
Oct 30, 2026

Redefining urban living with ‘Condovision’  

Living in high-rise residences has become a familiar part of urban life, although some residents may still long for the space and privacy of a traditional single-detached home, now increasingly rare in the city. But what if a developer could offer the best of both worlds? That’s the idea behind Condovision, an innovative residential concept


Giving luxury a distinctly Filipino feel
Oct 30, 2026

Giving luxury a distinctly Filipino feel

My philosophy for Gardencourt Residences is rooted in the belief that true luxury is not simply defined by how a space looks, but by how it makes people feel. I wanted to create an environment that moves beyond the traditional definition of luxury residential living to foster a genuine sense of belonging—refined yet deeply personal.


Rockwell makes room for a changing market
Oct 30, 2026

Rockwell makes room for a changing market

The Philippine property market has changed considerably over the past 30 years—and so have its homebuyers and investors. Competition has intensified, buyers have become more discerning, and even established developers can no longer take their position for granted. These changes are hardly lost on Rockwell Land Corp. president and chief operating officer Valerie Jane L.


Helping more Filipinos own the ‘dream’
Oct 30, 2026

Helping more Filipinos own the ‘dream’

Building a nation of homeowners starts with giving more Filipinos the means to become one. Making that possible, however, challenges the public and private sectors to bring quality homes within reach of more families while creating communities that improve how they live. Recognizing opportunity Robinsons Land Corp. (RLC) has long recognized this opportunity, drawing on


Thailand September Exports Surge 24% on Electronics and US Demand
Oct 30, 2026

Thailand September Exports Surge 24% on Electronics and US Demand

Thailand’s exports rose 24.0% year on year to US$38.4 billion in September 2026, driven by electronics, US demand, and Asian markets.


Asian property firms shift from owning more to earning more
Oct 30, 2026

Asian property firms shift from owning more to earning more

MANILA, Philippines – Major property companies across Asia are selling mature assets to fund new investments, reduce debt, and expand recurring-income businesses. The strategy reflects a shift in how developers measure success: less by the size of their portfolios and more by the returns they generate. Known as capital recycling, the approach allows developers to


Japan's beleaguered shoppers are a worry for convenience stores and the economy
Oct 30, 2026

Japan's beleaguered shoppers are a worry for convenience stores and the economy

TOKYO - Kana Sekiya, 43, used to shop near a train station in Tokyo on her way back home from work. Now she drives more than 30 minutes on weekends to a discount supermarket to buy groceries in bulk -- one of a growing number of consumers shifting their shopping habits as prices rise.


Philex core profit jumps 56% on lofty metal prices
Oct 30, 2026

Philex core profit jumps 56% on lofty metal prices

MANILA, Philippines — Elevated gold and copper prices drove a 56-percent surge in Philex Mining Corp.’s core earnings in the third quarter, more than offsetting a decline in production. On Friday, the mining company reported in a disclosure that core net income of P537 million from July to September, up from P344 million in the same


EastWest 9-month profit falls 24% to P5B
Oct 30, 2026

EastWest 9-month profit falls 24% to P5B

MANILA, Philippines — East West Banking Corp.’s net income fell by 24.2 percent to P5 billion in the first nine months of 2026 from P6.6 billion a year earlier, as heightened credit risks weighed on otherwise stronger operations. On Friday, the Gotianun family-led bank said it booked P15.9 billion in provisions for expected credit losses, citing


PCC fines MVP-linked firms P5.8M for late merger reports
Oct 30, 2026

PCC fines MVP-linked firms P5.8M for late merger reports

MANILA, Philippines — Two companies linked to tycoon Manuel V. Pangilinan received a P5.8-million fine for repeatedly missing the reporting deadlines that the Philippine Competition Commission (PCC) imposed as part of a merger clearance. According to the antitrust watchdog, it found Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) liable for violating the


NGCP opposes DOE transmission circulars
Oct 30, 2026

NGCP opposes DOE transmission circulars

MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) is seeking the withdrawal of two government circulars aimed at accelerating power project integration, saying these violate its exclusive mandate over the country’s transmission network. In a position paper, the local market’s sole grid operator expressed its “vehement opposition” to the circulars released by the


Looming oil price surge pulls PSEi back to 5,600
Oct 30, 2026

Looming oil price surge pulls PSEi back to 5,600

MANILA, Philippines — Local stocks fell on Friday as rising global oil prices and concerns over escalating tensions in the Middle East dampened investor sentiment. The benchmark Philippine Stock Exchange Index (PSEi) shed 0.44 percent, or 25.23 points, to close at 5,680.35. The broader all-shares index declined by 0.51 percent. READ: US could strike Iran this weekend,


PXP Energy’s Jan-Sept net loss widens to P39.5M
Oct 30, 2026

PXP Energy’s Jan-Sept net loss widens to P39.5M

MANILA, Philippines — Pangilinan-led PXP Energy Corp., an upstream oil and gas firm, slightly deepened its net losses in the first nine months due to higher interest expenses and foreign exchange losses. The company said in a statement on Friday that its net loss attributable to equity holders of the parent firm increased 4 percent to


SMPC’s profit jumps to P11B despite losses in coal
Oct 30, 2026

SMPC’s profit jumps to P11B despite losses in coal

MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) booked stronger earnings in the first nine months, even as its coal business suffered losses in the third quarter. The Consunji-led group reported Friday that its consolidated net income rose by 11 percent to P11 billion from P9.9 billion in the same period last year. Its power


PPI: No ‘persecution’ in libel case against ex-DA chief
Oct 30, 2026

PPI: No ‘persecution’ in libel case against ex-DA chief

MANILA, Philippines — Agricultural company Planters Products Inc. (PPI) stood firm on complaints it had leveled against former Agriculture Secretary Leonardo Montemayor, who had questioned the legality of the company’s rice imports. In a statement on Friday, PPI legal counsel and spokesperson Czarina Quintanilla-Raz rejected Montemayor’s portrayal of the case as “persecution.” They insisted that the


PH pushes wider social security coverage for freelancers
Oct 30, 2026

PH pushes wider social security coverage for freelancers

MANILA, Philippines — The Social Security System (SSS) is partnering with the Department of Information and Communications Technology to expand social security coverage for an estimated 1.5 million freelancers and virtual assistants in the Philippines. The two agencies signed a memorandum of understanding on Oct. 21 to promote social security membership and compliance among workers in


From Stars to Bib Gourmand: How the Michelin Guide Judges Food
Oct 30, 2026

From Stars to Bib Gourmand: How the Michelin Guide Judges Food

MANILA, Philippines — Makati-based fine-dining restaurant FLOW received a Michelin Star on October 29, joining the growing list of Michelin-starred restaurants in the Philippines. The Filipino-Peruvian establishment brings the country’s total to nine one-star restaurants, with Helm remaining the only two-star restaurant. This raises the question: What separates a one-star restaurant from a two-star establishment?


Moody’s: Strong BSP oversight shields PH banks from risks
Oct 30, 2026

Moody’s: Strong BSP oversight shields PH banks from risks

MANILA, Philippines — Philippine banks remain healthy and well-capitalized despite mounting economic challenges, supported by strong regulatory oversight from the Bangko Sentral ng Pilipinas (BSP), Moody’s Ratings said. In a report dated Oct. 29, the global debt watcher assigned the Philippines a banking sector risk score of “a,” matching those of Colombia, India, Indonesia and Malaysia.


Hackers steal $6.3 billion from Binance in record heist blamed on North Korea
Oct 30, 2026

Hackers steal $6.3 billion from Binance in record heist blamed on North Korea

SINGAPORE/TOKYO/PARIS - Hackers stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a theft that analysts blamed on North Korea and said could be the largest financial heist of all time.


Michelin Guide: Why Your Favorite Restaurant May Not Have a Star
Oct 30, 2026

Michelin Guide: Why Your Favorite Restaurant May Not Have a Star

MANILA, Philippines — The Michelin Guide announced FLOW as the latest addition to the Philippines’ Michelin-starred restaurants on October 29. Located along Chino Roces Avenue in Makati, the fine-dining establishment brings the country’s total to 10 starred restaurants. However, the Guide’s 2027 selection recognized 127 establishments in all.ments in all. Yet, if so many restaurants received