DA opens P74.4-million rice processing facility in Cabanatuan

GMA Network - Sep 17, 2026

A P74.4-million rice processing facility in Cabanatuan, Nueva Ecija was inaugurated on Thursday to modernize post-harvest operations in the country"s main rice-producing province.

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Sep 17, 2026

Toyota protests exclusion of hybrid cars from TNVS slots

MANILA, Philippines — Toyota Motor Philippines Corp., is questioning the exclusion of hybrid electric vehicles (EVs) from the 7,500 new ride-hailing slots in Metro Manila opened by the Land Transportation Franchising and Regulatory Board (LTFRB). Under Memorandum Circular No. 2026-084, which took effect on Aug. 27, the LTFRB allocated additional Transport Network Vehicle Service (TNVS) slots

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Sep 17, 2026

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MANILA, Philippines — Production of palay (unmilled rice) and corn could post double-digit declines this third quarter, according to the latest estimates of the Philippine Statistics Authority (PSA), with smaller harvest areas expected to gnaw on output. Based on standing crops as of Aug. 1, the PSA estimated palay production in the July-to-September period at 3.19

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Sep 17, 2026

Excise tax hikes seen to push 2027 inflation to 4.5%

MANILA, Philippines — An increase in excise tax on sweetened beverages, alcohol and tobacco could push inflation to as high as 4.5 percent in 2027, adding to price pressures as the country continues to grapple with the oil shock fallout. This is according to Chinabank Research’s latest commentary, which said the tax increases proposed by the

BSP to tighten disciplinary actions vs erring banks, officials

Sep 17, 2026

BSP to tighten disciplinary actions vs erring banks, officials

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is proposing a more streamlined process for disciplining errant banks and their directors, officers and employees, with penalties ranging from reprimands and fines to suspension, removal from office and disqualification. The BSP is collecting comments from stakeholders on a draft circular that will spell out how the

‘Kiss’ for substandard steel bars 

Sep 17, 2026

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The expression “Keep it simple, stupid (Kiss)” has been the advocacy of the Federation of Philippine Industries (FPI) in addressing the dangerous problem of substandard products, especially steel bars. Given climate change, this has become urgent; though some at the Department of Trade and Industry (DTI) favor this, such as Assistant Secretary Regino Mallari, others

GCash IPO success goes beyond P10 price point, expert says

Sep 17, 2026

GCash IPO success goes beyond P10 price point, expert says

MANILA, Philippines — The success of GCash parent Mynt Inc.’s blockbuster initial public offering (IPO) should not be judged by whether it fetches the maximum P10-per-share price, as the quality of investors and demand after listing may prove more important. Capital market expert Jonathan Ravelas said the P10 maximum offer price in Mynt’s regulatory filing

Alternergy eyes P2B from maiden notes issuance

Sep 17, 2026

Alternergy eyes P2B from maiden notes issuance

MANILA, Philippines — Alternergy Holdings Corp., a listed renewable energy company, is making its debut in the debt market to raise P2 billion, as it rolls out more clean power facilities. The company on Wednesday said its board of directors had given the go-ahead to issue green fixed-rate notes worth P2 billion. READ: Alternergy inks

Standard Chartered sizes up Clark investment opportunities

Sep 17, 2026

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SM Prime, WWF enter 5th phase of conservation project

Sep 17, 2026

SM Prime, WWF enter 5th phase of conservation project

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Meralco unit tapped for Filinvest’s EV needs

Sep 17, 2026

Meralco unit tapped for Filinvest’s EV needs

MANILA, Philippines — Filinvest Group has tapped the green mobility subsidiary of Manila Electric Co. (Meralco) to equip its properties with solutions supporting electric vehicles (EVs). In a statement on Wednesday, Movem Electric Inc. said the partnership would cover the deployment of EV requirements across Filinvest’s commercial, residential and office developments. READ: Toyota cautious but

Grab takes the reins of fintech Atome Financial

Sep 17, 2026

Grab takes the reins of fintech Atome Financial

MANILA, Philippines — Grab is deepening its push into financial services with a $1.49-billion deal to acquire a controlling stake in Atome Financial, the Singapore-based buy now, pay later (BNPL) fintech that operates in the Philippines and four other Southeast Asian markets. On Tuesday, Grab said it would acquire a 60-percent equity interest in Atome Financial

Hong Kong stocks decline after Fed raises interest rates and signals more to come

Sep 17, 2026

Hong Kong stocks decline after Fed raises interest rates and signals more to come

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Gold rebounds after Fed rate rise as banks back long-term demand outlook

Sep 17, 2026

Gold rebounds after Fed rate rise as banks back long-term demand outlook

Gold prices bounced back after the US Federal Reserve’s interest rate increase, as analysts and investment banks maintained a positive long-term outlook for the metal, citing structural challenges facing the world’s largest economy. Spot gold traded at US$4,326 an ounce at 4pm on Thursday in Hong Kong, up 1.52 per cent since the market opened at noon. The bullion once dived as much as 2.7 per cent to US$4,234 at 3am in Hong Kong, right after the Fed meeting. The US central bank announced a...

US rate increase should only have short-term impact on Hong Kong stocks: CICC

Sep 17, 2026

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Sep 16, 2026

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Thailand Business News — Morning Briefing : Thailand & Asia | 17 September 2026

Sep 16, 2026

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PSEi drops below 6,000 on slower growth, geopolitical woes

Sep 16, 2026

PSEi drops below 6,000 on slower growth, geopolitical woes

MANILA, Philippines — Local stocks fell below the 6,000 level on Wednesday as investor fears of sluggish local economic growth and geopolitical conflicts deepened. The Philippine Stock Exchange Index (PSEi) plunged by 1.51 percent, or 90.84 points, to close at 5,916.94. READ: GDP growth seen to underperform target The broader All Shares also fell by

Prometheum Capital, HashKey Digital Asset Group, and Velocity Capital Sign Binding MOU to Internationalize Tokenized U.S. Equities

Sep 16, 2026

Prometheum Capital, HashKey Digital Asset Group, and Velocity Capital Sign Binding MOU to Internationalize Tokenized U.S. Equities

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China’s Z.ai raises revenue target 25% after US$5 billion cash injection

Sep 16, 2026

China’s Z.ai raises revenue target 25% after US$5 billion cash injection

Chinese artificial intelligence developer Z.ai has raised its year-end annual recurring revenue (ARR) outlook by 25 per cent to US$3 billion, as the firm indicated its fresh US$5 billion war chest had helped clear its computing capacity bottlenecks for the time being. The updated ARR projection, up from a previous estimate of about US$2.4 billion, was disclosed during an investor call on Wednesday, according to a transcript seen by the South China Morning Post. The revised guidance comes days...

China’s AI chip stocks face crucial test as MetaX lock-up period expires

Sep 16, 2026

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China is bracing for a potential massive sell-off of a high-profile artificial intelligence chip stock on Thursday, when a lock-up period affecting 14 million shares in MetaX Integrated Circuits is set to expire. Analysts expect MetaX to face “significant selling pressure” when the restricted shares are released for trading, after the expiry of a similar lock-up period for shares in fellow AI chip firm Moore Threads last week sparked an avalanche of sales that wiped nearly 49 billion yuan...

Kimi creator Moonshot draws global funds seeking ‘top-tier’ Chinese AI developers: sources

Sep 16, 2026

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Developer family’s deals highlight capital shift across Hong Kong property sectors

Sep 16, 2026

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A third-generation member of a long-established Hong Kong developer family has bought a HK$98.8 million (US$12.6 million) luxury flat in Mid-Levels, weeks after the family sold a long-held North Point property, highlighting a broader market trend of capital shifting across real estate sectors. John Lai Sung-ziang agreed to buy a high-floor unit at Estoril Court on August 31, Land Registry records showed. The price for the four-bedroom flat, which has a saleable area of 2,888 square feet,...

Peso strengthens for 2nd straight trading day; PSEi falls to 5,916.94

Sep 16, 2026

Peso strengthens for 2nd straight trading day; PSEi falls to 5,916.94

The Philippine peso appreciated against the US dollar for the second straight trading day on Wednesday, as global crude oil prices eased following reports indicating higher energy inventories in the United States.

EU opens door for Canada to become first associate member, EU Commission President says

Sep 16, 2026

EU opens door for Canada to become first associate member, EU Commission President says

European Commission President Ursula von der Leyen said the European Union is opening the door for Canada to become the first associate member, a status that does not exist under the bloc's treaties.

US crypto bill stumble sparks call for Hong Kong to seize ‘critical strategic window’

Sep 16, 2026

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Sep 16, 2026

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Sep 16, 2026

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First update made to ISO 9001 in a decade, with China shaping AI, cybersecurity standards

Sep 16, 2026

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Low palay, corn production likely in 3Q -- PSA

Sep 16, 2026

Low palay, corn production likely in 3Q -- PSA

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ByteDance’s AI-enhanced short-drama app eclipses China’s Netflix rivals combined

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Hong Kong rated Asia’s top financial hub for fourth straight year: report

Sep 16, 2026

Hong Kong rated Asia’s top financial hub for fourth straight year: report

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Investors prepare for ‘super-central-bank week’ as US rate increase appears done deal

Sep 16, 2026

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BRICS leaders call for restraint as trade and energy security move to centre stage

Sep 16, 2026

BRICS leaders call for restraint as trade and energy security move to centre stage

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LTFRB to make recommendation on possible fare hike next month

Sep 16, 2026

LTFRB to make recommendation on possible fare hike next month

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BCDA, Standard Chartered to study Clark Freeport, New Clark City projects

Sep 16, 2026

BCDA, Standard Chartered to study Clark Freeport, New Clark City projects

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PH remittances hit 7-month high of $3.2B in July, up 1.9%

Sep 16, 2026

PH remittances hit 7-month high of $3.2B in July, up 1.9%

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Peso closes in on 63:1$

Sep 16, 2026

Peso closes in on 63:1$

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India’s largest airline mulls over Mumbai-Manila route

Sep 16, 2026

India’s largest airline mulls over Mumbai-Manila route

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Geopolitical turmoil, cyberattacks top risks to financial stability

Sep 16, 2026

Geopolitical turmoil, cyberattacks top risks to financial stability

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Moody’s buys into PhilRatings

Sep 16, 2026

Moody’s buys into PhilRatings

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