Delta Thailand Q3 Sales Surge 42.4% on AI Demand, Profit Misses Estimates

Thailand Business News - Oct 29, 2026

Delta Electronics (Thailand) reported a 42.4% Q3 2026 sales growth to THB 75,801 million, driven by AI demand, though net profit fell short of estimates, rising 4.3% to THB 7,757 million.

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Beijing wants Hong Kong to sow the seeds for the digital yuan. Will its plans bear fruit?

Oct 28, 2026

Beijing wants Hong Kong to sow the seeds for the digital yuan. Will its plans bear fruit?

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 third part of a four-part series on the globalisation of the yuan, Xinmei Shen explores how Hong Kong is testing the interoperability of the e-CNY and other digital assets in an effort to broaden the currency’s international appeal. In a US Senate...

BIR eyes expansion of abatement program for micro taxpayers

Oct 28, 2026

BIR eyes expansion of abatement program for micro taxpayers

MANILA, Philippines — The Bureau of Internal Revenue (BIR) is now studying whether to expand its One-Time Abatement Program for Micro Taxpayers after noting a strong response to it. In a statement on Wednesday, the BIR pointed out that, in the four months since the program was established, it has recorded 3,929 beneficiaries and P266.79

Mining Philippines 2026 highlights critical minerals push

Oct 28, 2026

Mining Philippines 2026 highlights critical minerals push

MANILA, Philippines — The Marcos administration underscores mining’s strategic importance as Mining Philippines 2026 draws international participation. Department of Environment and Natural Resources Secretary Juan Miguel Cuna, who delivered President Ferdinand R. Marcos Jr.’s keynote message to the conference, joins Chamber of Mines of the Philippines Chairman Michael Toledo (right) in the ceremonial ribbon-cutting at Conrad

Telcos told to tighten checks on users with multiple SIMs

Oct 28, 2026

Telcos told to tighten checks on users with multiple SIMs

MANILA, Philippines — The government has ordered telecom firms in the Philippines to strengthen checks on subscribers with many registered SIM cards to prevent illicit activities like scams. In a statement, the National Telecommunications Commission (NTC) said it gave mobile network operators 15 days from receipt of order to conduct additional verification of subscribers with more

Thailand Business News — Morning Briefing | 29 October 2026 | Thailand, ASEAN and Global Markets

Oct 28, 2026

Thailand Business News — Morning Briefing | 29 October 2026 | Thailand, ASEAN and Global Markets

29 October 2026 | Thailand, ASEAN and Global Markets Today’s briefing focuses on Thailand’s industrial recovery, renewed energy-price risks, Southeast Asia’s clean-energy supply chains, the AI-driven stock rally and Indonesia’s financial-market reforms. Thailand’s car production falls 6.1% as manufacturing recovery remains uneven Thailand’s car production fell 6.08% year on year to 120,319 vehicles in September, […]

Ayala sets P19.5-B share repurchase amid Mitsubishi deal

Oct 28, 2026

Ayala sets P19.5-B share repurchase amid Mitsubishi deal

MANILA, Philippines — Ayala Corp. seeks to buy back up to P19.5 billion worth of shares from public investors as it advances a planned deal with Japanese giant Mitsubishi Corp. On Wednesday, the group said it plans to launch a voluntary tender offer to buy 30.06 million common shares from all holders. READ: Mitsubishi to raise

Inflation fears drag PSEi down 1.87%

Oct 28, 2026

Inflation fears drag PSEi down 1.87%

MANILA, Philippines — Local stocks fell on Wednesday as higher oil prices and a weakening peso stoked inflation concerns, while elevated treasury yields dampened demand for equities. The benchmark Philippine Stock Exchange Index (PSEi) slid 1.87 percent, or 107.64 points, to close at 5,653.55. READ: Red hot inflation seen extending BSP hikes Michael Ricafort, chief economist

Court junks contempt case against Lopez Holdings execs

Oct 28, 2026

Court junks contempt case against Lopez Holdings execs

MANILA, Philippines — A Mandaluyong regional trial court dismissed a petition for indirect contempt filed against several members of the Lopez majority bloc over alleged violations of a temporary retraining order linked to the controversial family feud. On Wednesday, Lopez Holdings Corp. said in a regulatory filing that it submitted a copy of the Oct.

Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit

Oct 28, 2026

Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit

Leading Chinese robotics company Unitree Robotics on Wednesday reported a 69.93 per cent year-on-year increase in quarterly revenue to 665 million yuan (US$99.7 million), though net profits excluding non-recurring items fell 17.42 per cent to 105 million yuan, as the company released its first earnings since going public. The results for the three months ending September 30 showed a continued surge in research and development spending by the Hangzhou-based company, which jumped 249.58 per cent...

COA: Customs bureau yet to list over 1,900 items in its custody for auction, disposal

Oct 28, 2026

COA: Customs bureau yet to list over 1,900 items in its custody for auction, disposal

Over 1,900 cargoes and goods seized by the Bureau of Customs (BOC) or abandoned by supposed recipients, including P1.2 billion worth of confiscated vehicles, have not been entered into the records of the BOC"s Auction and Cargo Disposal Management Division, the Commission on Audit (COA) said.

Marco Polo Residences in Cebu: Where investment value meets elevated hotel-style living

Oct 28, 2026

Marco Polo Residences in Cebu: Where investment value meets elevated hotel-style living

For over a decade, Federal Land’s Marco Polo Residences in Cebu has offered a tranquil living environment for residents seeking elevated city living. Located atop Nivel Hills, it is Cebu’s first branded residence, offering panoramic views of the city skyline and coastline. Its location directly beside Marco Polo Plaza Cebu also gives residents convenient access

MVP sees tougher times for Philippine economy but says investments to continue

Oct 28, 2026

MVP sees tougher times for Philippine economy but says investments to continue

Businessman Manny V. Pangilinan, chairman of MVP Group which has interests in telecommunications, infrastructure, and utilities, on Friday said it will get tougher for the Philippine economy but added that the conglomerate will proceed with its investments.

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