Recent News
Manila Water ramps up water supply investments amid Super El Niño threat
East zone concessionaire Manila Water Company Inc. on Tuesday outlined initiatives as it seeks to strengthen its water supply infrastructure ahead of a potentially strong El Niño, with capital expenditures reaching P11.7 billion in the first nine months of the year.
PSEi rallies to 5,700 level on bargain hunting, hopes of easing inflation
Philippine stocks rallied on Tuesday, with the main stock index rebounding to 5,700 level, lifted by bargain hunting and optimism that inflation is easing amid improving fuel prices.
Coins.ph warns vs. digital fraud as number of scam victims rise
Digital asset exchange Coins.ph on Tuesday warned the public about the growing threat of digital fraud as scammers increasingly exploit online channels and financial platforms.
China’s EV exports surge 145% as Iran war drives up overseas demand
China’s electric vehicle (EV) exports hit an all-time high for a second straight month in October, as the country’s carmakers rode a surge in overseas demand driven by the Middle East energy shock. Chinese brands sold a total of 582,000 pure electric and plug-in hybrid vehicles outside mainland China last month, a 144.7 per cent jump from a year earlier, according to data from the China Passenger Car Association (CPCA). The figure – which broke the previous monthly record of 558,000 set in...
Explaining the shift from reactive care to preventive solutions for employee well-being
Cigna Healthcare’s “International Health Study 2026” shines a light on the value of workforce health in the business world. Michael Khan, CEO of Cigna Healthcare Hong Kong, cites some of the local findings from the study, which surveyed more than 11,000 people in 13 markets around the globe. “Almost 80 per cent of respondents in Hong Kong experience stress,” he notes. “Nearly half of the working respondents said that their mental health, behavioural or emotional health affected their work.” The...
DOE: Oil price rollback driven by US midterm elections results, easing of US-Iran rift
The recent oil price rollback was driven in part by the outcome of the United States midterm elections and the expectations of a de-escalation in tensions between the US and Iran, Department of Energy (DOE) Oil Industry Management Bureau Director Rino Abad said Tuesday.
Grab Philippines now serves in Puerto Princesa
Super app Grab Philippines on Tuesday announced that it has officially launched its ride-hailing, food delivery, and other services in Puerto Princesa City, Palawan.
Maharlika says GDP slowdown won't affect investment strategy
The Maharlika Investment Corp. (MIC), the government-run firm managing the Philippines" sovereign wealth fund, is unfazed by the slowdown in economic growth, saying it would not affect its investment strategy.
Palace: Gov't focused on PH's growth regardless of US leadership
The government is focused on sustaining the country's economic growth regardless of who is governing the United States or other countries, Malacañang said Tuesday.
FedEx adds new US-China cargo flights ahead of Xi-Trump meeting
American delivery giant FedEx is expanding its trans-Pacific services between China and the United States, adding four weekly flights by cargo aircraft just days ahead of an expected meeting between President Xi Jinping and US President Donald Trump in Shenzhen. The Memphis-based courier said on Monday that Boeing 777 cargo planes would link Shanghai and Guangzhou with the US, providing additional capacity for advanced manufacturing, semiconductor production, artificial intelligence...
People and partnerships power Hang Seng’s fintech innovation
[The content of this article has been produced by our advertising partner.] From AI-powered investment tools to a table tennis challenge against a robot, Hang Seng Bank brought technology to life at Hong Kong FinTech Week 2026. The bank marked its debut at the annual gathering of financial and technology leaders with a dedicated exhibition booth. Held at the Hong Kong Convention and Exhibition Centre on 2–3 November, the event gave Hang Seng a platform to engage customers, industry partners and...
EXPLAINER: How is the government helping the agriculture sector amid El Niño?
The prolonged drought poses a threat to many livelihoods, especially in the agriculture sector with over 200,000 farmers reportedly affected as of October. So how is the government working to mitigate the impact of El Niño on agriculture?
Myanmar lobbies US to invest in its rare earths sector, dominated by China
BANGKOK, Thailand - Myanmar's military-led government is urging the United States to beef up re-engagement efforts and rapidly boost investment in the war-torn nation's rare earths mines, a critical sector now y dominated by influential giant neighbour China.
Boon for motorists: P16.80/L price rollback for gasoline
The price of gasoline will drop by double digits for the first time since the start of the Middle East conflict in February, with local oil firms set to implement a rollback of P16.80 per liter effective today, Nov. 10. Energy Secretary Sharon Garin announced the price adjustments in a media briefing on Monday, saying
As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week
Two mainland Chinese chip suppliers made sharply divergent trading debuts in Hong Kong on Tuesday after raising a combined HK$2.2 billion (US$280 million), underscoring investors’ selective appetite for semiconductor stocks despite a pickup in new listings. Suzhou Denglin Technology, the week’s largest listing, closed 7.7 per cent lower at HK$213 after raising HK$1.4 billion in its initial public offering (IPO). The graphics processing unit maker priced its shares at HK$231 – the bottom of its...
Has the Philippines entered 'stagflation' phase? Balisacan says, 'I'd wait 'til end of the year'
The Philippines chief economist, Economic Planning Secretary Arsenio Balisacan, has cautioned against labeling that the economy has fallen already into stagflation.
Pax Silica legal framework still on track for end-2026 signing --DTI
The legal framework for the proposed Pax Silica initiative is still expected to be signed by the Philippine and American governments before 2026 ends, a top official of the Department of Trade and Industry (DTI) said Tuesday.
Chinese biotech giant WuXi AppTec’s shares gain after Pentagon blacklist reversal
WuXi AppTec’s shares jumped on Tuesday after the Pentagon removed the company from a list of entities allegedly linked to the Chinese military, marking a win for the biotech service giant and raising hopes among other mainland firms challenging US blacklists. The US deputy secretary of defence decided to delist WuXi AppTec from its list of “Chinese military companies”, according to a notice published on the Federal Register on Tuesday. WuXi AppTec surged more than 6 per cent at the open in Hong...
UK talent connect with Hong Kong and mainland China employers at London career showcase
Developing Hong Kong into an international hub for high-calibre talent is one of the priorities of Chief Executive John Lee Ka-chiu’s first five-year plan for the city, which he unveiled in September. The blueprint connects talent development with education, technology and industry and aligns the attraction of skilled professionals with the development needs of Hong Kong and mainland China. The city is well positioned to achieve this goal. Hong Kong was placed second among 70 global economies –...
Shifting Tides: Vietnam’s Meteoric Rise Tests Thailand’s Tourism Supremacy
Thailand’s lead over Vietnam in international tourist arrivals has narrowed sharply, from nearly 22 million visitors in 2019 to 5.9 million during the first ten months of 2026.
DA bans poultry imports from Minnesota, USA
The Department of Agriculture (DA) has banned the importation of poultry products from Minnesota in the United States due to the threat of bird flu.
Taiwanese lender moves to West Kowloon as financial firms lead Hong Kong office leasing
A Taiwanese bank’s deal to lease a large office space in West Kowloon adds to momentum in Hong Kong’s office sector, where financial institutions have become the most active source of leasing activity. E.Sun Commercial Bank plans to relocate its Hong Kong office to International Gateway Centre (IGC), taking about 55,000 square feet (5,110 square metres), according to two sources familiar with the matter. The bank agreed to lease a high floor at the grade-A office tower developed by Sun Hung Kai...
Over 300 flights to be affected by ASEAN Summit
More than 300 flights will be affected by cancellations or rescheduling starting November 14 due to the Philippines' hosting of the 2026 ASEAN Summit, the Department of Transportation (DOTr) said on Tuesday.
PH economy continues to lose steam, further slowed in Q3 to 2.1%
MANILA, Philippines — Philippine economic growth decelerated for the fifth straight quarter to 2.1 percent at the end of September amid persistently weak household spending and investment. The latest print was slower than the revised 2.4 percent logged in the previous quarter and the 4-percent recorded in the same period last year, according to the Philippine
High prices chip away at trust in PH firms
MANILA, Philippines — Soaring prices, unclear fees and hidden charges are among Filipinos’ main reasons for distrusting businesses, a new study showed, which also found that public confidence in the Philippine private sector remains intact but “on probation.” In the 2026 Philippine Trust Study, communications firm EON Group and Ateneo de Manila University found that 19.7
PSEi drops to 5,600 level on weak Q3 growth
MANILA, Philippines — The local bourse welcomed the trading week in the red as the Philippine economy weakened further in the third quarter. The Philippine Stock Exchange Index (PSEi) dropped by 1.46 percent, or 84.03 points, to finish at 5,677.92. READ: Philippine economic growth slips to 2.1% in Q3 The broader All Shares also declined by
Heavy rains, high inflation pull down Wilcon profit
MANILA, Philippines — Wilcon Depot Inc., a listed home improvement retailer, saw a weaker bottom line in the first nine months, as heavy rains and high inflation dampened its operations last quarter. The company said its net income as of September had declined by 6 percent year-on-year to P1.752 billion from P1.866 billion. READ: Stronger
SM Prime 9-month income slips 5%
MANILA, Philippines — SM Prime Holdings Inc. is not slowing down on its investments for next year, with capital expenditures seen reaching up to P100 billion, despite macroeconomic challenges that weakened its net income in the first three quarters. At a media briefing on Monday, SM Prime president Jeffrey Lim said the company remained confident
DA bans pork imports for 2 months to shield hog raisers
MANILA, Philippines — The Department of Agriculture (DA) imposed a two-month import ban over the weekend, likely extending it, to provide local raisers with a fair chance amid depressed farm-gate prices. Under Department Order No. 33, the department enforced a 60-day import restriction on the following pork products: fresh and frozen pork cuts, carcasses, and
Converge keeps growth outlook despite headwinds
MANILA, Philippines — Converge ICT Solutions Inc. still expects its revenues to grow this year despite soaring inflation and other economic headwinds slowing subscriber growth, particularly among lower-income households. As of the third quarter, the Dennis Uy-led fiber provider’s subscriber base had grown to just 3.1 million from 3.09 million at the start of the



































