Biggest Converge data center planned for Luzon

Inquirer.net - Oct 19, 2026

MANILA, Philippines — Converge ICT Solutions Inc. has abandoned its earlier plans to build its next major data center in the Visayas or Mindanao, instead scouting locations in Calabarzon for new facilities as it seeks to capitalize on the artificial intelligence (AI) boom. Converge cofounder and CEO Dennis Uy said the fiber broadband provider is

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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

Oct 19, 2026

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

Oct 19, 2026

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

Oct 19, 2026

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

Oct 19, 2026

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

Oct 19, 2026

Wrap up VP trial by year-end, biz leader urges Senate

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Lack of inspection facilities blamed for smuggling of agri goods -- farmers' group

Oct 19, 2026

Lack of inspection facilities blamed for smuggling of agri goods -- farmers' group

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Globe AI initiatives yield P1.2B in revenues, savings, gains

Oct 19, 2026

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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

Oct 19, 2026

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’

Oct 19, 2026

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Oil giant faces lawsuits over climate disasters in PH, Brazil

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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

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Oct 19, 2026

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