China’s EV safety push gives foreign brands from Tesla to GM an opening for a comeback

South China Morning Post - Nov 7, 2026

International brands have become unlikely beneficiaries of Beijing’s clampdown on so-called rapidly developed vehicles as they step up efforts to convince Chinese consumers of their cars’ quality and reliability. About 10 foreign carmakers from Tesla to General Motors (GM) were not only displaying their latest electric vehicle (EV) technologies at the China International Import Expo (CIIE), but also using the event to highlight their strengths as they continued to lose market share to Chinese...

Read full article

More News

PH jobless rate inched up to 5.4% in Sept

Nov 7, 2026

PH jobless rate inched up to 5.4% in Sept

MANILA, Philippines — The Philippines’ unemployment rate rose modestly in September as job creation failed to keep pace with the growing labor force, pointing to mixed conditions in the country’s labor market. The Philippine Statistics Authority (PSA) on Friday said the jobless rate inched up to 5.4 percent of the labor force in September from 5.3

Poll: Q3 GDP seen accelerating to 2.8% as spending picks up

Nov 7, 2026

Poll: Q3 GDP seen accelerating to 2.8% as spending picks up

MANILA, Philippines — The Philippine economy could snap a four-quarter streak of slowing growth in the third quarter on the back of improving government spending and resilient exports, though the expansion is likely to remain subdued amid continued weakness in domestic demand. Gross domestic product (GDP) likely accelerated to 2.8 percent in the third quarter

PH banks remain resilient despite rise in NPLs, says BSP

Nov 7, 2026

PH banks remain resilient despite rise in NPLs, says BSP

MANILA, Philippines — Philippine banks remained in good shape in the first half of the year despite a rise in bad loans, with the Bangko Sentral ng Pilipinas (BSP) citing strong earnings, ample liquidity, adequate capital and stable funding as key buffers. In its latest Report on the Philippine Financial System for the First Semester of

Deutsche Bank raises 2026 PH inflation forecast to 5.9%

Nov 7, 2026

Deutsche Bank raises 2026 PH inflation forecast to 5.9%

MANILA, Philippines — German lender Deutsche Bank raised its full-year inflation forecast for the Philippines to 5.9 percent following the faster-than-expected October consumer price jump, though it maintained that the Bangko Sentral ng Pilipinas (BSP) has little need to raise interest rates again as price pressures remain concentrated rather than broad-based. In a note, Deutsche Bank

Robinsons Land sustains momentum with P13.4-B profit

Nov 7, 2026

Robinsons Land sustains momentum with P13.4-B profit

MANILA, Philippines — Robinsons Land Corp. (RLC) increased its consolidated net income by 11 percent to P13.4 billion in the January to September period, following the steady growth across its businesses. RLC on Friday said that its consolidated revenues in the first nine months went up by 8 percent to P38.5 billion. READ: Robinsons Land infuses

Converge earnings slipped to P8.1B at end-September

Nov 7, 2026

Converge earnings slipped to P8.1B at end-September

MANILA, Philppines — Converge ICT Solutions Inc. saw its bottom line dip in the first three quarters of 2026, as rising costs offset modest revenue gains fueled by its booming enterprise business. On Friday, the fiber connectivity provider reported a net income after tax of P8.1 billion for the January-to-September period, down 9.1 percent year-on-year from

Nickel mining, power bolster DMCI Holdings’ 9-mo result

Nov 7, 2026

Nickel mining, power bolster DMCI Holdings’ 9-mo result

MANILA, Philippines — DMCI Holdings Inc. posted a 28-percent rise in profit during the first nine months of 2026, with its businesses driving higher earnings, particularly power and nickel mining. The Consunji-led conglomerate said Friday its consolidated net income during the period had climbed to P15 billion from P11.7 billion. READ: DMCI profit jumped 26%

D&L Industries posts stronger Jan-Sept bottom line

Nov 7, 2026

D&L Industries posts stronger Jan-Sept bottom line

MANILA, Philippines — D&L Industries Inc., a listed specialty food ingredients and oleochemicals producer, is well on track for double-digit income growth this year after its diversified business segments emerged stronger despite persistent external factors hounding the market. In a media briefing on Friday, D&L president and CEO Alvin Lao said that the group’s earnings

Temu joins Philippine fight vs counterfeiting

Nov 7, 2026

Temu joins Philippine fight vs counterfeiting

MANILA, Philippines — Chinese e-commerce platform Temu has agreed to cooperate with the Philippines’ campaign to rid online marketplaces of counterfeit goods. Temu signed a memorandum of understanding (MOU) with the Intellectual Property Office of the Philippines (IPOPHL), which leads government efforts to protect intellectual property rights and combat counterfeiting and piracy. READ: Consumer group presses

DOF seeks P724-m South Korean grant for healthcare

Nov 7, 2026

DOF seeks P724-m South Korean grant for healthcare

MANILA, Philippines — The Department of Finance (DOF) has requested a P724-million grant from the Korea International Cooperation Agency (KOICA) to fund an initiative under the broader Universal Health Care program for underserved communities along the Luzon Economic Corridor. In a statement, the DOF said it proposed the partnership to support the Department of Health’s

Fisheries slump extends to 4th year — PSA

Nov 7, 2026

Fisheries slump extends to 4th year — PSA

MANILA, Philippines — The country’s fisheries production has declined for four consecutive third quarters as various subsectors have decreased, according to data from the Philippine Statistics Authority (PSA). Data from the statistics agency showed fisheries output totaled 886,556.60 metric tons (MT) in the July to September period, down 1.8 percent. The overall volume has been

Tiger Brokers targets Hong Kong growth as Beijing curbs overseas stock trading

Nov 7, 2026

Tiger Brokers targets Hong Kong growth as Beijing curbs overseas stock trading

Tiger Brokers is seeking to offset the effects of Beijing’s regulatory crackdown by tapping business opportunities in Hong Kong, according to its CFO. “User growth is currently mainly driven by local Hong Kong clients, and overall client growth remains very strong,” said John Zeng, Group CFO and CEO of Tiger Brokers (Hong Kong), when asked about Beijing’s scrutiny of unauthorised cross-border stock trading. “We will certainly fully comply with regulatory requirements in acquiring new...

Recommended