Ampalaya production surges over 40% in 3Q, highest since 2010
Nov 11, 2026
Pangilinan-led Manila Electric Co. (Meralco) on Wednesday assured customers of sufficient power supply to meet the anticipated demand during the 49th ASEAN Summit in Manila, as it braces for a potentially stronger El Niño that could drive up electricity consumption and rates.
Today's briefing prioritises Thai economic restructuring, regional infrastructure investment, Chinese currency policy, US–China trade relations and Japanese monetary policy.
Thailand’s cumulative data centre investment could reach THB5 trillion by 2050, driven by rising demand for artificial intelligence, cloud services and domestic data processing.
Mainland Chinese mutual funds investing overseas have delivered sharply diverging returns this year, with products tied to energy and US stocks outperforming while funds tracking Hong Kong equities lagged behind. Energy-linked funds topped the rankings among outbound investment products under the Qualified Domestic Institutional Investor (QDII) programme, according to financial data provider Wind. The performance reflects a 50 per cent surge in crude oil prices in 2026 after US strikes on Iran...
UOB got its start in Singapore 90 years ago, when it was first known as the United Chinese Bank. From the beginning, the bank’s aim has been to serve its communities while also growing alongside them. UOB branched out to Malaysia in 1951 and then to Hong Kong in 1965. By the 1980s, the bank had opened a representative office in mainland China and installed its first ATM machines in Singapore. As technology evolved and the world transitioned into the digital age, UOB adapted its offerings to...
The Department of Finance (DOF)is eyeing to secure a $250-million (about P14.3 billion) loan financing from the World Bank - International Bank for Reconstruction and Development (WB-IBRD) to bankroll a project aimed at boosting the employability of skilled Filipino workers.
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to raise interest rates further to tame stubbornly high inflation despite the weak economic growth seen in the third quarter, analysts said, as policymakers prioritize their mandate of keeping price stability. In a note, Bank of America (BofA) said economic growth may have bottomed out
MANILA, Philippines — A US-based anti-illicit trade group is urging the Association of Southeast Asian Nations (Asean) to step up its crackdown on illegal trade by adopting uniform rules that would hold e-commerce platforms accountable for counterfeit and other illicit products sold online. In a report released on Tuesday, the Transnational Alliance to Combat Illicit Trade
MANILA, Philippines — The Philippines’ foreign debt servicing bill grew in the January to July period as more obligations fell due, even as the country’s capacity to meet those payments remained relatively strong. The government and private sector paid a combined $8.2 billion to foreign creditors in the first seven months, 5 percent more than
MANILA, Philippines — The national government is set to establish the National Artificial Intelligence (AI) Council this November following the approval of the AI governance framework, according to the Department of Economy, Planning and Development (DepDev). Speaking to reporters, DepDev Undersecretary Rosemarie Edillon confirmed that the National Innovation Council has already approved the long-awaited AI governance
MANILA, Philippines — Jollibee Foods Corp.’s (JFC) robust sales during the first nine months failed to translate into stronger profitability as higher costs and interest expenses took a bite out of the group’s earnings. The company’s profit in the January-to-September period declined by 9.7 percent to P8.14 billion from P9 billion. JFC’s net income attributable to
MANILA, Philippines — Mynt Inc., the parent company of e-wallet giant GCash, saw its net income surge by 17.4 percent to P16.5 billion in the first nine months of 2026, in what was a robust start to its life as a publicly listed company. In its first earnings report since going public, the fintech giant said