Can Vietnam Sustain Double-Digit Growth?

Thailand Business News - Oct 12, 2026

Vietnam’s export and foreign direct investment led growth model has underpinned strong economic performance and supported its transition to upper-middle income status.

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First Gen to energize nearly 200 Jollibee stores with RE

Oct 12, 2026

First Gen to energize nearly 200 Jollibee stores with RE

MANILA, Philippines — Lopez-led First Gen has secured a major supply deal, with 189 Jollibee Foods Corp. (JFC) outlets shifting to renewable energy. In a statement over the weekend, First Gen said it had secured a series of power supply contracts to energize Jollibee-owned stores. READ: First Gen sets P41.7B for projects The government’s retail aggregation

Airline fuel surcharge dips to Level 16 in late October

Oct 12, 2026

Airline fuel surcharge dips to Level 16 in late October

MANILA, Philippines — Air travelers may see a slight reduction in ticket costs in the second half of October after the Civil Aeronautics Board (CAB) approved lower, but still elevated, fuel surcharges for the period. In an advisory on Monday, the regulator said airlines may impose a Level 16 fuel surcharge from Oct. 16 to 31,

SSS cracks down on 5 Pasay firms over unpaid contributions

Oct 12, 2026

SSS cracks down on 5 Pasay firms over unpaid contributions

MANILA, Philippines — The Social Security System (SSS) has cracked down on five employers in Pasay City over P1.14 million in unpaid workers’ contributions, which have ballooned to P3.19 million with penalties. In a statement, the SSS said the five employers incurred P2.05 million in penalties for failing to remit their employees’ monthly contributions, which totaled

PAL cancels Riyadh flights until Nov. 29

Oct 12, 2026

PAL cancels Riyadh flights until Nov. 29

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) said Monday it was extending the suspension of its flights to and from Riyadh until Nov. 29 amid continuing security threats to the Saudi capital’s international airport. The latest advisory covers both inbound and outbound services, and extends a suspension first imposed on Oct. 8 and subsequently extended

Gov’t debt service falls to P76B in August on lower amortization

Oct 12, 2026

Gov’t debt service falls to P76B in August on lower amortization

MANILA, Philippines — The national government’s debt service bill dropped in August as the absence of a massive bond maturity settlement made in the same month last year sharply reduced principal repayments. Latest data from the Bureau of the Treasury (BTr) showed that debt payments fell nearly 89 percent to P76.12 billion in August from

DOTr revisits Baguio cable car plans

Oct 12, 2026

DOTr revisits Baguio cable car plans

MANILA, Philippines — The Department of Transportation (DOTr) is revisiting plans dating back to 2019 to install a cable car system in Baguio, potentially connecting the popular tourist destination to areas at the foot of the mountain city. Transportation Undersecretary Mark Pastor said that the agency is engaging with the Baguio city government, led by Mayor

Local automakers face threat from cheap Chinese EVs

Oct 12, 2026

Local automakers face threat from cheap Chinese EVs

MANILA, Philippines — The influx of China-made electric vehicles (EVs) is hindering Philippine manufacturers, especially those making electrified motorcycles and tricycles, from establishing a presence in the domestic market, an industry leader warned. More Chinese EV brands like BYD, Chery, and MG have entered the Filipino market, helping to narrow the price gap between electric and

UK's development finance arm BII targets $1.6-billion climate funding for PH, ASEAN

Oct 12, 2026

UK's development finance arm BII targets $1.6-billion climate funding for PH, ASEAN

British International Investment (BII) committed to $1.6 billion in climate financing in Southeast Asian economies over the next five years to support the shift to renewable energy.

PNB eyes early 2027 bond sale to fund expansion

Oct 12, 2026

PNB eyes early 2027 bond sale to fund expansion

MANILA, Philippines — Lucio Tan-led Philippine National Bank (PNB) is considering a bond issuance early next year to support lending expansion, although the amount, currency and tenor have yet to be determined. PNB president and CEO Edwin Bautista said the bank had no immediate funding requirement for the rest of 2026 but could tap the

Gasoline hikes, diesel rollback ahead

Oct 12, 2026

Gasoline hikes, diesel rollback ahead

MANILA, Philippines — Motorists will see mixed oil price movements this week, with gasoline posting another hike and diesel dropping by about P3 per liter. In a media briefing, Department of Energy (DOE) Secretary Sharon Garin said gasoline prices will increase anew by P1.56 per liter beginning Tuesday. READ: Mixed fuel price adjustments expected next week

Hong Kong to expand indices, derivatives and yuan-denominated products: HKEX CEO

Oct 12, 2026

Hong Kong to expand indices, derivatives and yuan-denominated products: HKEX CEO

Hong Kong Exchanges and Clearing (HKEX) is planning further measures to boost market liquidity, attract more international investors and expand the use of China’s currency, including through yuan-denominated gold futures and stock trading, according to a blog post by its CEO on Monday. The plans come as the city steps up efforts to reinforce its position as a leading international financial centre, following priorities outlined in the government’s policy address and the city’s five-year...

Pag-IBIG, BCDA team up for worker housing in New Clark City

Oct 12, 2026

Pag-IBIG, BCDA team up for worker housing in New Clark City

Pag-IBIG has partnered with the BCDA to develop affordable housing for Filipino workers close to their workplaces, initially focusing on some 14 hectares of land in Tarlac.

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