Recent News

Chinese regulators back investor lawsuits in push to shore up stock market confidence
Nov 12, 2026

Chinese regulators back investor lawsuits in push to shore up stock market confidence

Chinese regulators are stepping up efforts to protect individual investors by backing legal action against listed companies accused of misconduct while fast-tracking compensation for losses. The moves come as authorities seek to restore confidence in a stock market that has tentatively stabilised with support from state buying. The China Securities Investor Services Centre, which represents small investors and is backed by the stock market regulator, has filed a lawsuit against Beijing-based...


Nat'l Dairy Authority welcomes first private partner in milk feeding program
Nov 12, 2026

Nat'l Dairy Authority welcomes first private partner in milk feeding program

The National Dairy Authority (NDA) welcomed ABI Pascual Foods, Inc. as its first partner from the private sector for its milk feeding program for school children.


Li Ka-shing family’s British pub chain names first female CEO in 227 years
Nov 12, 2026

Li Ka-shing family’s British pub chain names first female CEO in 227 years

Greene King, the British brewer and pub operator owned by Hong Kong billionaire Li Ka-shing’s family, has appointed its first female chief executive in its 227-year history, seven years after the family acquired the business as part of its overseas expansion. Clair Preston-Beer, currently Greene King’s chief commercial officer, will take over the role in March 2027, succeeding Nick Mackenzie, who will step down at the end of February but remain on the company’s board to support the transition,...


Asian Terminals secures fresh 25-year concession
Nov 12, 2026

Asian Terminals secures fresh 25-year concession

Ports and logistics operator Asian Terminals Inc. (ATI) on Thursday announced it has secured a 25-year renewal of its concession to operate and develop Manila South Harbor (MSH).


BIR posts P2.81T collections from Jan. to Oct. 2026, up 5.63%
Nov 12, 2026

BIR posts P2.81T collections from Jan. to Oct. 2026, up 5.63%

The Bureau of Internal Revenue (BIR) said on Thursday that it recorded P2.84 trillion in gross collections in the first ten months of the year.


As Beijing pushes for cash return, Chinese firms can unlock 15% valuation boost: report
Nov 12, 2026

As Beijing pushes for cash return, Chinese firms can unlock 15% valuation boost: report

Chinese companies could unlock a further 15 per cent in equity valuation upside by stepping up share buy-backs and dividend payouts, as Beijing seeks to encourage listed firms to return more cash to investors, according to Goldman Sachs. The US investment bank said in a report on Wednesday that an increase in corporate payout ratios and share repurchases, in line with policymakers’ efforts to improve shareholder returns, could lift valuations of the MSCI China Index by about 15 per cent from...


Farmers may earn up to P8 per kilo as palay buying price rises --NFA
Nov 12, 2026

Farmers may earn up to P8 per kilo as palay buying price rises --NFA

The National Food Authority (NFA) said on Thursday that farmers may earn up to P8 per kilo after it recently raised the palay buying price to P30 per kilogram.


Houthi rebels’ fresh demands put Chinese firms in a dilemma, analyst warns
Nov 12, 2026

Houthi rebels’ fresh demands put Chinese firms in a dilemma, analyst warns

The escalating conflicts between Saudi Arabia and Houthi rebels in Yemen have put many listed Hong Kong and mainland Chinese companies in a dilemma, especially as the Houthis order foreign businesses to register with a local body to avoid becoming targets of military strikes. The situation requires “serious attention” from businesses with a presence in the oil-rich region, according to an analyst focusing on the issue. The Iran-backed rebel militia recently warned that foreign companies...


BIR sees rise in beneficiaries of one-time tax abatement program
Nov 12, 2026

BIR sees rise in beneficiaries of one-time tax abatement program

The Bureau of Internal Revenue (BIR) on Thursday said it has seen an increase of micro taxpayers availing its One-Time Abatement Program.


BSP maintains 3% a month interest rate cap on credit card transactions
Nov 12, 2026

BSP maintains 3% a month interest rate cap on credit card transactions

The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it has retained the 3% interest rate per month ceiling on credit card transactions as part of efforts to provide relief to Filipino borrowers.


Thailand Business News — Morning Briefing
Nov 12, 2026

Thailand Business News — Morning Briefing

The United States is one of Thailand's most important export destinations, with bilateral merchandise trade exceeding US$110 billion in 2025.


Jumbo BSP rate hike still possible despite anemic Q3 growth
Nov 12, 2026

Jumbo BSP rate hike still possible despite anemic Q3 growth

MANILA, Philippines — A jumbo rate hike may still be on the table for the Bangko Sentral ng Pilipinas (BSP) despite the sluggish economic growth in the third quarter, with the primary goal of cooling off hot inflation that has been squeezing household budgets. In a commentary, economists at Nomura Global Markets Research said they still


BIR admits exposure of taxpayer profile data in recent cyber breach
Nov 12, 2026

BIR admits exposure of taxpayer profile data in recent cyber breach

MANILA, Philippines — The Bureau of Internal Revenue (BIR) admitted that taxpayer profile data may have been exposed in a cyber breach while continuing to investigate the incident and assess its privacy impact. “The BIR assures the public that the integrity of all internal database infrastructure and systems remains intact. Initial findings indicate that no


FDI inflows surged to 7-month high in August
Nov 12, 2026

FDI inflows surged to 7-month high in August

MANILA, Philippines — Net inflows of foreign direct investments (FDI) to the Philippines rose to a seven-month high in August, though the overall investment picture remained challenging as global headwinds continued to fray investor nerves. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed FDIs posted a net gain of $690 million, up 24.9 percent


SM Investments 9-mo bottom line rose 9% to P70.2 billion
Nov 12, 2026

SM Investments 9-mo bottom line rose 9% to P70.2 billion

MANILA, Philippines — SM Investments Corp. (SMIC) remained resilient despite weaker economic growth as it saw its earnings grow by 9 percent to P70.2 billion in the first three quarters of this year. SMIC’s consolidated revenues also went up by 5 percent to P506.8 billion from P482.3 billion. READ: Consumer spending lifts SMIC earnings The


Output surge boosts ACEN earnings by 84%
Nov 12, 2026

Output surge boosts ACEN earnings by 84%

MANILA, Philippines — ACEN Corp., the energy arm of the Ayala Group, finished the first nine months strong, with its profit soaring by 84 percent amid a surge in power output. The renewable energy producer said its net income attributable to equity holders of the parent firm had hit P3.3 billion, a significant improvement from the


DOE relaunches coal contract auction
Nov 12, 2026

DOE relaunches coal contract auction

MANILA, Philippines — The Department of Energy (DOE) has relaunched its controversial coal mine bidding, with the award set for early next year, even as investors raised concerns about the asset-surrender rule. The DOE is ready to welcome proposals from potential new coal operators, as it officially issued a notice of bidding “pursuant to DOE-Department


New terminals buoy ICTSI profit
Nov 12, 2026

New terminals buoy ICTSI profit

MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) extended its strong 2026 run, boosting its bottom line by 20 percent in the first nine months as newly integrated terminals drove brisk cargo movement. Double-digit increases were recorded in the company’s cargo volumes, revenues and earnings. READ: ICTSI first half profit up 15% to $483.84 million


Globe prepares first of 3 undersea cables
Nov 12, 2026

Globe prepares first of 3 undersea cables

MANILA, Philippines — Globe Telecom Inc. is preparing to switch on the first of its three new international submarine cable systems by 2027, as it seeks to beef up its network capacity and redundancies against disruptions caused by cable cuts. In a media briefing on Wednesday, the Ayala-backed telco said the Asia Link Cable (ALC)


Luzon spot power rates surged 51%
Nov 12, 2026

Luzon spot power rates surged 51%

MANILA, Philippines — Households and businesses in Luzon may have to shell out more to settle their power bills this month, as the prices of electricity traded at the spot market spiked by 51.2 percent to P7.83 per kilowatt-hour (kWh) in October. Data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed on


BOI to reach P1-trillion investment goal in 2026
Nov 12, 2026

BOI to reach P1-trillion investment goal in 2026

MANILA, Philippines — The country’s largest investment promotion agency (IPA) is confident of ending the year with at least P1 trillion in approved investments, enough to meet its full-year target. Board of Investments (BOI) managing head Ceferino Rodolfo said the agency would “definitely” achieve its trillion-peso goal, banking on renewable energy and infrastructure projects still in


Weak growth momentum to spill into 2027–BMI
Nov 12, 2026

Weak growth momentum to spill into 2027–BMI

MANILA, Philippines — The Philippine economy may have to wait until 2027 for a meaningful growth recovery, but weak momentum from this year is expected to spill into next year and limit the pace of the rebound, according to BMI. In a commentary, the Fitch Solutions unit said it cut its 2026 growth forecast to 2.6


$250-M World Bank funding for Tesda seen by year-end
Nov 12, 2026

$250-M World Bank funding for Tesda seen by year-end

MANILA, Philippines — The Department of Finance (DOF) is targeting the approval before year-end of $250 million in financing from the World Bank’s International Bank for Reconstruction and Development (IBRD) to fund the government’s technical and vocational education programs. The financing, equivalent to around P14.3 billion, will be allocated to the Boosting Employability in Strategic Technical


DBM to government agencies: Tone down holiday-making
Nov 12, 2026

DBM to government agencies: Tone down holiday-making

MANILA, Philippines — The Department of Budget and Management (DBM) has reminded government agencies to exercise “judicious and prudent” use of public funds in conducting year-end celebrations and other events, citing the pressures being felt by Filipino households from the energy crisis and mounting El Niño. Under Circular Letter No. 2026-15, the DBM said upcoming events,


Brazil traders oppose PH suspension of pork imports
Nov 12, 2026

Brazil traders oppose PH suspension of pork imports

MANILA, Philippines — Industry groups in Brazil and the Philippines are urging the Philippine government to reconsider the two-month suspension of pork imports, warning that the measure could affect not only retail prices but also local enterprises. The Brazilian Animal Protein Association (Abpa) said the temporary import ban imposed by the Department of Agriculture (DA)


Why Philippine agriculture matters, even when budgets are tight
Nov 12, 2026

Why Philippine agriculture matters, even when budgets are tight

MANILA, Philippines — Philippine agriculture has suffered another significant setback, with El Niño-related damage and losses reaching nearly P10 billion and affecting more than 324,000 farmers nationwide. The losses come at a difficult time for Filipino households, as overall inflation reached 7.8 percent in October 2026, with food inflation at 6.4 percent, adding pressure on


Shell shocked: Fuel costs leave firm bleeding
Nov 12, 2026

Shell shocked: Fuel costs leave firm bleeding

MANILA, Philippines — Shell Pilipinas Corp. posted a net loss from January to September amid a sharp rise in expenses driven by higher fuel prices. In a regulatory filing, the oil giant said it had recorded net losses reaching P929.2 million, a reversal from P1.3 billion in the same period last year. READ: Shell Pilipinas bludgeoned


New Aklan greenhouse to boost high-value crops
Nov 12, 2026

New Aklan greenhouse to boost high-value crops

MANILA, Philippines — The Department of Agriculture (DA) recently unveiled a greenhouse facility in Aklan province to improve high-value crop production. The Value Chain Enhancement of High-Value Crops through Smart Agriculture (VEHCSA) facility, situated at the Aklan Agri-Aqua Demonstration Farm and Training Center in Nalook, Kalibo, will use smart farming technology to enhance productivity. READ: DA


Vietjet starts Ho Chi Minh flights from Cebu, Clark
Nov 12, 2026

Vietjet starts Ho Chi Minh flights from Cebu, Clark

MANILA, Philippines — Vietnamese budget carrier Vietjet has launched three new routes from regional gateways in Clark and Cebu as it seeks to capture a larger share of the surging travel demand among Filipinos visiting Vietnam. On Tuesday, the airline launched its direct services connecting Cebu to Hanoi and Ho Chi Minh City, as well


MacroAsia profit drops on restructuring costs
Nov 12, 2026

MacroAsia profit drops on restructuring costs

MANILA, Philippines — MacroAsia Corp. of Taipan Lucio Tan saw its bottom line shrink in the first nine months of 2026, weighed down by restructuring expenses at its associate, Lufthansa Technik Philippines Inc. (LTP), higher lease charges, and inflation-driven operating costs. On Wednesday, the company said in a disclosure that its net income attributable to equity