Circuit board firm Dongshan Precision falls 0.12% after Hong Kong debut

South China Morning Post - Oct 28, 2026

Suzhou Dongshan Precision Manufacturing proved volatile in its Hong Kong trading debut after an underwhelming HK$9.9 billion (US$1.26 billion) initial public offering (IPO), as investor sentiment was haunted by the deepening sell-off across China’s artificial intelligence and tech hardware sectors. Shares of the circuit-board manufacturer, a key supplier of components for AI servers, dropped as much as 6 per cent after its debut in the Hong Kong market on Wednesday. The stock later pared losses...

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Maynilad shells out P10B for La Mesa dam upgrades

Oct 28, 2026

Maynilad shells out P10B for La Mesa dam upgrades

MANILA, Philippines — Maynilad Water Services Inc. (Maynilad) has spent nearly P10 billion to rehabilitate its La Mesa dam facilities as it gears up for drier weather brought by the super El Niño. The Pangilinan-led group said it has been conducting rehabilitation work over several years, allowing it to upgrade some key water infrastructure. READ: Maynilad

DMCI to challenge DOE-DENR order

Oct 28, 2026

DMCI to challenge DOE-DENR order

MANILA, Philippines — DMCI Holdings Inc. said the joint circular on awarding contracts involving the Philippines’ natural resources could be challenged in court, warning that the new policy could slow investment in the country’s mining sector. Isidro Consunji, chair and president of DMCI Holdings, said Joint Administrative Order (JAO) No. 2026-01, promulgated by the Department

12-MW waste-to-energy plant eyed in Pangasinan

Oct 28, 2026

12-MW waste-to-energy plant eyed in Pangasinan

MANILA, Philippines — North Maharlika Energy Corp. is earmarking about P3 billion to build a waste-to-energy (WTE) power plant in Pangasinan. In a document submitted to the Department of Environment and Natural Resources, the company has proposed developing a 12-megawatt (MW) facility, offering new baseload power generation that can run for 25 years. READ: DOE raises

How much of a company’s return really comes from debt?

Oct 28, 2026

How much of a company’s return really comes from debt?

MANILA, Philippines — Companies normally borrow money to finance expansion, acquisitions and other investments that can increase future earnings. By using debt instead of issuing new shares, a company can also increase return on equity (ROE). This happens because debt allows a company to invest more capital without requiring shareholders to put in more money. If

BOI logs P900-B investments

Oct 28, 2026

BOI logs P900-B investments

MANILA, Philippines — The Board of Investments (BOI) edged closer to achieving its full-year investment approval target of P1 trillion after clearing P900.06 billion worth of projects in the first nine months of the year, driven largely by domestic investors and renewable energy ventures. That investment pipeline covers 207 projects that are expected to generate 21,524

Peso further breaches P64:$1 level

Oct 28, 2026

Peso further breaches P64:$1 level

The Philippine peso further breached the 64-to-one dollar level during intraday trading on Wednesday, hitting a new historic low.

PAL launches 24-hour flash sale for flights to Bangkok, Kuala Lumpur, Jakarta

Oct 28, 2026

PAL launches 24-hour flash sale for flights to Bangkok, Kuala Lumpur, Jakarta

Flag carrier Philippine Airlines (PAL) on Wednesday announced it is offering a 24-hour flash sale for flights going to three popular Southeast Asian destinations.

Global carmakers search for new China strategy as market share slips below 30%

Oct 27, 2026

Global carmakers search for new China strategy as market share slips below 30%

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. International auto brands from Volkswagen to Toyota saw their market share in the Chinese mainland slide once again in the third quarter of the year, as consumers turned away from expensive foreign cars amid an economic slowdown and the Iran war. Foreign marques accounted for less than 30...

Thailand, ASEAN and Asian Markets — Morning Briefing

Oct 27, 2026

Thailand, ASEAN and Asian Markets — Morning Briefing

28 October 2026 | Thailand, ASEAN and Asian Markets Thailand’s exports rise 24% extending the country’s export-growth streak to 27 consecutive months Thailand’s exports grew 24% year on year to US$38.44 billion in September, extending the country’s export-growth streak to 27 consecutive months. However, imports surged 50.4% to a record US$44.30 billion, producing a US$5.86 […]

Thailand Watches US Midterms for Signals on Trade, Investment and Regional Stability

Oct 27, 2026

Thailand Watches US Midterms for Signals on Trade, Investment and Regional Stability

The outcome of the US midterm elections is being closely monitored across Asia, with potentially significant consequences for Thailand’s export-driven economy. The United States remains one of Thailand’s most important trading partners, with Thai exports to the US valued at approximately US$72.6 billion in 2025, led by electrical and electronic products, machinery, rubber products and […]

How Hong Kong went from a yuan gateway to a complete currency ecosystem

Oct 27, 2026

How Hong Kong went from a yuan gateway to a complete currency ecosystem

In September, Chief Executive John Lee Ka-chiu unveiled the city’s first five-year plan along with his policy address, highlighting Hong Kong’s strategic role in promoting the greater use of the yuan outside mainland China as a key priority. In the second part of a four-part series on the globalisation of the yuan, Daisy Wu examines Hong Kong’s evolution from an offshore reservoir into a self-sustaining yuan ecosystem. Of the hundreds of thousands of people who cross the border between mainland...

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