ASEAN Statement Calls on Nations to Safeguard Journalism Against Artificial Intelligence

Thailand Business News - Oct 15, 2026

ASEAN countries adopted a Joint Declaration in Bali to protect journalistic works from unauthorized use by digital platforms and AI.

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Watchdog files raps vs firms behind ‘onion cartel’

Oct 15, 2026

Watchdog files raps vs firms behind ‘onion cartel’

MANILA, Philippines — The Philippine Competition Commission (PCC) has filed administrative charges against six firms and their officers, which it said were behind the “onion cartel” that drove onion prices to as much as P800 per kilogram in late 2022. Named in the charges were Golden Shine International Freight Forwarders Corp., Tian Long Corp., La Reina

China's ByteDance sets up AI safety team, launches global hiring drive

Oct 15, 2026

China's ByteDance sets up AI safety team, launches global hiring drive

ByteDance's AI research unit Seed has launched a global drive to recruit 10 researchers, saying it will make a long-term investment in AI safety for its increasingly capable models.

DA awaits confirmation from toll operators for rebates for agri trucks

Oct 15, 2026

DA awaits confirmation from toll operators for rebates for agri trucks

The DA said it is still awaiting word from some tollway operators, including San Miguel Corporation and those linked to the Villar group, to offer a rebate program for agricultural trucks.

Peso hits new low, retreats to 63-per-dollar

Oct 15, 2026

Peso hits new low, retreats to 63-per-dollar

MANILA, Philippines — The Philippine peso sank past the 63-per-dollar mark for the first time on Thursday, even as the US dollar retreated from an 18-month high despite hotter-than-expected US inflation. The local currency fell to an intraday low of 63.06 against the dollar during morning trading, according to data from the Bankers Association of the

Pag-IBIG: 50,000 homes up for grabs at 2-day housing expo

Oct 15, 2026

Pag-IBIG: 50,000 homes up for grabs at 2-day housing expo

About 50,000 housing units will be offered to Filipino workers and their families at the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund"s 2nd National Housing Expo at the SMX Convention Center in Pasay City on October 19 and 20.

Visayas grid faces new yellow alert on Oct. 15

Oct 15, 2026

Visayas grid faces new yellow alert on Oct. 15

MANILA, Philippines — After more than two weeks, the Visayas grid experienced a yellow alert on Thursday due to the unavailability of two large coal plants and limited power imports from Mindanao. Tight power supply continues, with 645.6 megawatts (MW) unavailable to the grid.  READ: Red alert up for 5 hours over Visayas grid In an

QR Ph, InstaPay payments nearly triple on Xendit platform

Oct 15, 2026

QR Ph, InstaPay payments nearly triple on Xendit platform

Payments through QR Ph and InstaPay nearly tripled on payments infrastructure company Xendit from January 2025 to April this year, a study released by the global payments infrastructure company on Thursday showed.

AI will complement, not replace human workforce, says DEPDev

Oct 15, 2026

AI will complement, not replace human workforce, says DEPDev

AI will only help the human workforce do their jobs easier and not replace them, a DEPDev official said on Thursday amid uncertainties on the use of such technology and fears of job losses.

Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study finds

Oct 15, 2026

Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study finds

Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...

Philippine peso breaches P63:$1, hits 27th record low for year

Oct 15, 2026

Philippine peso breaches P63:$1, hits 27th record low for year

The Philippine peso weakened against the dollar for the third trading day on Thursday, breaching the P63:$1 level to hit a fresh record low, amid what an economist described as a “series of unfortunate events.”

HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

Oct 15, 2026

HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for...

Globe ramps up mobile and network connectivity, leads SMS test

Oct 15, 2026

Globe ramps up mobile and network connectivity, leads SMS test

Telecommunications company Globe Telecom said it is expanding its network infrastructure and exploring satellite direct-to-cell technology to improve mobile connectivity.

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