China’s cutthroat car market, Southeast Asia’s electric vehicle boom: 7 EV reads

South China Morning Post - Nov 11, 2026

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. ‘Awfully bleak’: why global carmakers keep losing ground in China’s vast market Global carmakers are searching for a way to survive in China’s cutthroat market, as they continue to lose ground to domestic competitors in a landscape that is increasingly tilting towards electric vehicles...

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Meralco assures readiness for ASEAN Summit, El Niño

Nov 11, 2026

Meralco assures readiness for ASEAN Summit, El Niño

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.

Thailand Business News — Morning Briefing

Nov 11, 2026

Thailand Business News — Morning Briefing

Today's briefing prioritises Thai economic restructuring, regional infrastructure investment, Chinese currency policy, US–China trade relations and Japanese monetary policy.

PwC Projects THB5 Trillion in Thai Data Centre Investment by 2050

Nov 11, 2026

PwC Projects THB5 Trillion in Thai Data Centre Investment by 2050

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 overseas funds find winners in oil, US stocks as Hong Kong bets struggle

Nov 11, 2026

Mainland Chinese overseas funds find winners in oil, US stocks as Hong Kong bets struggle

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’s strategy to match Asean growth in the digital age

Nov 11, 2026

UOB’s strategy to match Asean growth in the digital age

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...

DOF eyes $250-M World Bank loan to boost employability of skilled workers

Nov 11, 2026

DOF eyes $250-M World Bank loan to boost employability of skilled workers

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.

BSP seen extending rate hikes to curb inflation

Nov 11, 2026

BSP seen extending rate hikes to curb inflation

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

Uniform Asean e-commerce rules vs illicit trade pushed

Nov 11, 2026

Uniform Asean e-commerce rules vs illicit trade pushed

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

7-month PH external debt payments up 5% to $8.2B

Nov 11, 2026

7-month PH external debt payments up 5% to $8.2B

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

Gov’t to create National AI Council this month

Nov 11, 2026

Gov’t to create National AI Council this month

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

Jollibee booked lower 9-mo income at P8.14B

Nov 11, 2026

Jollibee booked lower 9-mo income at P8.14B

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

GCash parent delivers 17% profit growth

Nov 11, 2026

GCash parent delivers 17% profit growth

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

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