Recent News
China plans 18 active ETFs as regulator seeks to shore up stock market
The China Securities Regulatory Commission (CSRC) has approved 18 actively managed exchange-traded funds (ETFs), which could channel tens of billions of yuan into the A-share market, as it seeks to strengthen investor confidence and market resilience. Speaking on Monday in Beijing at the opening ceremony of the Financial Street Forum, one of China’s top national-level economic conferences, CSRC chairman Wu Qing also pledged to crack down on market irregularities as the regulator pushes to manage...
BCDA unveils multibillion-peso redevelopment of Baguio's Camp John Hay
The Bases Conversion and Development Authority (BCDA) is pursuing a multibillion-peso redevelopment of Camp John Hay in Baguio City, seeking more private-sector partnerships to improve the former American military base.
BCDA estimates P30M cost to relocate New Clark City settlers for Pax Silica
BAGUIO - The Bases Conversion and Development Authority (BCDA) has reached a “general understanding” with communities in New Clark City on their relocation to make way for the planned Pax Silica project, with P30 million allocated for housing and alternative farmland.
PH gets 1,419 pregnant dairy cattle from Australia to boost milk production
The National Dairy Authority (NDA) resumed its importation of dairy cattle after receiving 1,419 pregnant cows from Australia to boost the country"s milk production.
PAL kicks off first premium seat sale
MANILA, Philippines — Flag carrier Philippine Airlines (PAL) begins its first week-long sale today on business class and premium economy seats, offering discounts of up to 40 percent on international flights and up to 60 percent on domestic routes. According to the Lucio Tan-led carrier, it will offer a 30-percent discount on base fare for
Gasoline down P4.30/liter, diesel up P2.60
MANILA, Philippines — Motorists will see a hefty drop in gasoline prices, while diesel prices will increase by about P2 per liter starting Tuesday. In an advisory, the Department of Energy (DOE) said fuel retailers can implement a rollback of at least P4.30 per liter for gasoline. READ: Trump says does not believe China, Russia helping
Peso dives to P63.09:$1, logs 28th record low for 2026
The Philippine peso plunged further past the P63:$1 level on Monday, marking its 28th record low so far this year.
From English courses to furniture, actor Daniel Wu expands his business interests in China
US-born Hong Kong actor and filmmaker Daniel Wu Yin-cho has launched a furniture brand as the latest endeavour to cash in on his long-built fame in the Chinese market. Wu, 52, has stepped back from acting in recent years and Arox, the name of his furniture brand, marks his latest business foray. The actor’s previous ventures include an English course launched last year to teach fans spoken English, a coffee brand named Whatever, and a cycling helmet design project. Raised in California, Wu...
Asian foreign exchange markets remain under pressure as rising US yields weigh on regional currencies
Strong US dollar, elevated Treasury yields, and high oil prices pressure Asian currencies. Indian Rupee, Indonesian Rupiah, and Thai Baht are most vulnerable. RBI measures may help INR; MUFG maintains 2026 forecasts for USD/IDR and USD/THB.
Why mainland Chinese still drive Hong Kong’s housing market despite Beijing’s 20% tax
Although the Chinese government imposed a 20 per cent tax on rental income and capital gains derived from overseas properties transferred into offshore trusts by mainland residents, agents said these investors remained a key driver of the Hong Kong property market. China’s Ministry of Finance and the State Taxation Administration said in July that rental earnings – profits from the sale of properties and investment gains derived from assets including real estate, stocks or equity interests held...
Wrap up VP trial by year-end, biz leader urges Senate
The chair of a leading business group hopes the Senate would be able to conclude Vice President Sara Duterte’s impeachment trial before year-end, warning that prolonging the proceedings into 2027 could distract lawmakers from their legislative duties and scrutiny of the national budget. Makati Business Club (MBC) chair Edgar Chua welcomed the prosecution’s decision to
Lack of inspection facilities blamed for smuggling of agri goods -- farmers' group
The lack of inspection facilities for imported agricultural products is contributing to the rampant entry of smuggled goods into the country, a farmers group lamented on Monday.
Globe AI initiatives yield P1.2B in revenues, savings, gains
Telecommunications firm Globe has generated P1.2 billion in measurable business benefits from its artificial intelligence (AI) initiatives, including additional revenue, cost savings, and productivity gains.
Gasoline, kerosene pump prices down, diesel up on Tuesday, Oct. 20, 2026
Motorists will see mixed movements in pump prices this week, as fuel retailers announced rollbacks for gasoline and kerosene and a hike for diesel on Monday.
Waste recovery, recycling should come with ‘redesign’
MANILA, Philippines — The Philippines’ environmental problems, particularly waste management, need a whole-of-society effort to resolve. That’s the main point stressed in a recent edition of the Inquirer ESG Edge Connect Network, where representatives of government, private companies, and nongovernmental groups agreed on the importance of every Filipino working with each other to ease environmental
Oil giant faces lawsuits over climate disasters in PH, Brazil
MANILA, Philippines — A typhoon in the Philippines and flooding in Brazil. Twice in less than a year, British energy giant Shell has been the target of a new type of lawsuit seeking to make polluters pay part of the cost of specific extreme weather events. “We chose Shell because it’s an emblematic company. It meets
Poll: BSP seen raising rates again
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to raise interest rates again later this week as inflation remains stubbornly high, forcing policymakers to weigh the need to curb price pressures against signs of weakening economic growth. All 20 economists polled by the Inquirer expect the BSP to tighten monetary policy at
Why your default answer should be no
MANILA, Philippines — During the COVID-19 pandemic, an Asian business owner I advise became bored. So he started a shrimp farm. He already owned a highly profitable group, sufficiently diversified around one strong core business. When he later asked us to help future-proof it, our analysis exposed what he had missed: A major competitor was taking
From great ideas to lasting competitive advantage
MANILA, Philippines — Organizations have never had more access to ideas, technologies, talent and market intelligence than they do today, yet many organizations continue to struggle with a familiar challenge: turning promising ideas into meaningful business outcomes. This gap between innovation and execution is becoming one of the defining business challenges of our time. In a
Steady GCash growth seen pre-IPO
MANILA, Philippines — Mynt Inc.’s next phase of growth will depend on getting existing GCash users to use more financial services, analysts said, as the fintech giant prepares for its stock market debut on Tuesday. Investment banker Stephen CuUnjieng said Mynt’s extensive domestic reach leaves less room to expand through new users. READ: GCash IPO draws
Vena Energy eyes P245-B expansion in PH
MANILA, Philippines — Singapore-based Vena Energy is keen on expanding its renewable energy footprint in the Philippines by adding another 2.6 gigawatts-peak (GWp) of capacity, backed by planned investments of as much as P245 billion, according to the Department of Trade and Industry (DTI). According to the trade department, Vena Energy currently operates 0.9 GWp of
Gov’t support to drive next Mitsubishi investment
MANILA, Philippines — Mitsubishi Motors Philippines Corp. is keeping a close watch on the government’s automotive policies, including those of the next administration, before deciding whether to expand local production of internal combustion engine (ICE) vehicles or shift further towards electrified models. According to Ritsu Imaeda, president of Mitsubishi Philippines, the carmaker’s next investments will
SEC sets market-making rules to boost liquidity
MANILA, Philippines — The Securities and Exchange Commission (SEC) has issued rules on market making to improve liquidity and price discovery in the Philippine capital market, setting a P150-million minimum capital requirement for qualified trading participants. SEC Memorandum Circular No. 28, Series of 2026, issued on Oct. 15, establishes eligibility requirements, trading obligations and safeguards for
BIZ BUZZ: Pacquiao teams up with DA to fight poverty
MANILA, Philippines — People’s Champ Manny Pacquiao is stepping back into the ring—no, not to take on another famous boxer. This time, Pacquiao, secretary and lead convenor of the National Anti-Poverty Commission (NAPC), and Agriculture Secretary Francisco Tiu Laurel Jr. are teaming up to fight poverty among the country’s farmers and fishers. Pacquiao and Tiu Laurel
Bangkok flood protection comes at a heavy rural cost in thailand
For six straight monsoon seasons, Kamonach has had to navigate to her central Thailand home by boat, even though her house stands elevated more than three meters off the ground
China’s investors flock to dividend stocks as returns double those of state bonds
Chinese investors have been flocking to dividend stocks, taking shelter from market turmoil spurred by sell-offs in technology companies and K-shaped economic growth in the Asian nation. Two key gauges of the mainland-listed companies with the highest dividend yield ratios outpaced the benchmark heading into October, when fears of financial tightening in the US and China’s flagging domestic demand weighed on investors’ risk appetite. The Shanghai Stock Exchange Dividend Index of the 50 selected...
Bitcoin is making a comeback, but the risk of more ‘sharp pullbacks’ is real
Bitcoin may extend its rebound but is unlikely to break above US$100,000 before the end of the year, as rising interest rates and the Iran conflict continue to weigh on crypto assets, according to analysts. The crypto asset class is likely to end the year higher than it is today, but below the peak reached last October, according to Alice Liu, head of research at crypto data platform CoinMarketCap. “The worst of this year’s downturn is behind us, but the recovery will be uneven and led almost...
SET and Chulalongkorn University partner to advance Thai family businesses education
The Stock Exchange of Thailand (SET) and Chulalongkorn University have entered into a Memorandum of Understanding (MoU) to collaborate on enhancing education, research, and the development of human capital for Thai family businesses.
Vietnam signs free trade deal with four European nations
HANOI — Vietnam and four European nations outside the EU signed a free trade agreement in Hanoi on Sunday, seeking to diversify their markets as US tariffs disrupt global commerce. The deal, between Southeast Asia’s fastest-growing economy and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway and Switzerland, eliminates or reduces customs
The AI promise was automation. The reality? Managing digital workers
When artificial intelligence agents first arrived, they came with a tantalising promise: autonomous “digital workers” that would finally free humans from corporate drudgery. As businesses across Asia are discovering, however, the reality is quite the opposite – more work, new friction and a whole new layer of management. When Xiao Mengjie, an AI product marketing manager at a Big Tech firm in Shanghai, recently assigned two AI agents what she described as a simple task, she expected efficiency....



































