DA awaits confirmation from toll operators for rebates for agri trucks

GMA Network - Oct 15, 2026

The DA said it is still awaiting word from some tollway operators, including San Miguel Corporation and those linked to the Villar group, to offer a rebate program for agricultural trucks.

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HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

Oct 15, 2026

HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for...

Globe ramps up mobile and network connectivity, leads SMS test

Oct 15, 2026

Globe ramps up mobile and network connectivity, leads SMS test

Telecommunications company Globe Telecom said it is expanding its network infrastructure and exploring satellite direct-to-cell technology to improve mobile connectivity.

Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

Oct 15, 2026

Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

China Asset Management (Hong Kong) and Qatar’s Lesha Bank agreed on Wednesday to launch Qatar’s first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil. Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland’s rising artificial intelligence capabilities and biotech...

Inflation tops Filipinos' concerns --Pulse Asia survey

Oct 15, 2026

Inflation tops Filipinos' concerns --Pulse Asia survey

Inflation tops Filipinos" concerns --Pulse Asia survey

China’s CXMT gets pledge of support as provincial party chief vows chip-industry expansion

Oct 15, 2026

China’s CXMT gets pledge of support as provincial party chief vows chip-industry expansion

Three weeks into his tenure as the Communist Party secretary of Anhui province, Li Lecheng carried out an on-site inspection at China’s home-grown memory chip giant ChangXin Memory Technologies (CXMT) on Wednesday, pledging to grow integrated circuits (ICs) as an emerging pillar industry. During the visit to the company’s headquarters in the central province’s capital of Hefei, Li urged CXMT to further refine its product portfolio and actively expand into domestic and overseas markets. He...

UPS opens $80-M Clark hub

Oct 15, 2026

UPS opens $80-M Clark hub

Global logistics firm UPS on Thursday opened its $80-million new hub at Clark International Airport.

AI job losses set to rein in office demand in developed Asia-Pacific economies: report

Oct 15, 2026

AI job losses set to rein in office demand in developed Asia-Pacific economies: report

A mild displacement of jobs across the Asia-Pacific region as companies expand their use of AI would trim five percentage points off growth in office space demand in the next few years, according to property consultancy CBRE. In a report released on Thursday it said 3.9 per cent of office jobs were vulnerable to artificial intelligence-driven displacement in developed markets in the region, including Hong Kong, Singapore, Japan, South Korea, Taiwan, Australia and New Zealand. However, only 1.7...

BIR collects P203.581B in September 2026, up 10.93%

Oct 15, 2026

BIR collects P203.581B in September 2026, up 10.93%

The Bureau of Internal Revenue (BIR) on Thursday said it saw a double-digit revenue growth in September 2026 compared to last year.

HSBC launches discretionary portfolio management service for retail investors

Oct 15, 2026

HSBC launches discretionary portfolio management service for retail investors

HSBC has launched a discretionary portfolio management service for retail investors with a minimum investment threshold as low as HK$1,000 (US$128) per month, as Hong Kong’s largest lender aims to attract younger, tech-savvy customers. The new service, “Portfolio+”, allows HSBC’s retail banking customers in Hong Kong to build a discretionary investment portfolio via the company’s mobile apps with a lump sum of at least HK$10,000 or regular contributions of HK$1,000 per month, according to Winnie...

Cash remittances rose to $3.035B in August 2026 -- BSP data

Oct 15, 2026

Cash remittances rose to $3.035B in August 2026 -- BSP data

Cash remittances from overseas Filipinos increased year-on-year in August 2026, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed.

From the Iran War to the World’s Dinner Table: Key Implications for the Global Food Supply Chain

Oct 15, 2026

From the Iran War to the World’s Dinner Table: Key Implications for the Global Food Supply Chain

The Middle East conflict presents both risks and opportunities for Thailand's food industry. Rising energy and raw material costs, particularly fertilizers and plastic packaging inputs, are increasing production expenses, while transportation disruptions threaten supply chains across agriculture

Gov’t urged to hasten Luzon corridor deals

Oct 15, 2026

Gov’t urged to hasten Luzon corridor deals

MANILA, Philippines — The country’s largest business group has urged the government to fast-track projects under the Luzon Economic Corridor (LEC) initiative, which it said presents a “significant opportunity” for Philippine businesses that could go unrealized without timely implementation. In a 75-page document released at the 52nd Philippine Business Conference and Expo, the Philippine Chamber

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