Developing Country Debt Reaches Record $9.4 Trillion in 2025 Amid Rising Burdens on the Poorest Nations

Thailand Business News - Nov 5, 2026

Private creditors returned in force and bond markets reopened, but poorest countries’ borrowing faced highest costs in decades.

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Maharlika defers investment in Synergy Grid

Nov 5, 2026

Maharlika defers investment in Synergy Grid

Maharlika Investment Corporation confirmed that it has paused the proposed investment in Synergy Grid & Development Phils Inc. (SGP), amid the current conditions.

The Medical City marks 59 years with PH’s #1 rankings in cardiology, oncology, and global smart hospital recognition

Nov 5, 2026

The Medical City marks 59 years with PH’s #1 rankings in cardiology, oncology, and global smart hospital recognition

The Medical City (TMC) celebrates its 59th anniversary with three distinctions from Newsweek and Statista: No. 1 among Philippine hospitals in Cardiology in the Best Specialized Hospitals Asia Pacific 2026, No. 1 among Philippine hospitals in Oncology in the World’s Best Specialized Hospitals 2027, and recognition as the only Philippine hospital included in the World’s

The Medical City marks 59 years with PH’s #1 rankings in Cardiology, Oncology, and Global Smart Hospital

Nov 5, 2026

The Medical City marks 59 years with PH’s #1 rankings in Cardiology, Oncology, and Global Smart Hospital

The Medical City (TMC) celebrates its 59th anniversary with three distinctions from Newsweek and Statista: No. 1 among Philippine hospitals in Cardiology in the Best Specialized Hospitals Asia Pacific 2026, No. 1 among Philippine hospitals in Oncology in the World’s Best Specialized Hospitals 2027, and recognition as the only Philippine hospital included in the World’s

Peso climbs back to P62-to-$1 level on US Democratic sweep

Nov 5, 2026

Peso climbs back to P62-to-$1 level on US Democratic sweep

The Philippine peso rallied back to the P62-to-one dollar level on Thursday amid optimism that the US-Iran war would end soon following the United States midterm elections "Democratic sweep."

October inflation surges to 7.8%

Nov 5, 2026

October inflation surges to 7.8%

MANILA, Philippines — Consumer prices grew 7.8 percent from a year earlier in October, driven by faster increases in transport costs and pricier utilities. The latest inflation rate was higher than the 7.2 percent recorded in September, data from the Philippine Statistics Authority showed. READ: Poll: October inflation seen hitting over 3-yr high of 7.6% The

China’s Yutong Bus expands overseas as new-energy bus exports surge

Nov 5, 2026

China’s Yutong Bus expands overseas as new-energy bus exports surge

China’s Yutong Bus, the world’s largest electric bus manufacturer, is seeing its overseas shipments climb steadily, with demand growing rapidly in countries such as Australia, Malaysia, Saudi Arabia and Morocco. Based in Zhengzhou in central China’s Henan province, the company now generates more than half of its total revenue from overseas sales. New-energy models – comprising pure-electric and hybrid vehicles – have made up 25 per cent of its bus exports so far this year, a sharp increase from...

Tech firm Amihan investing $1M build pool of AI engineers for PH

Nov 5, 2026

Tech firm Amihan investing $1M build pool of AI engineers for PH

Technology company Amihan Global Strategies is investing about $1 million for its newly launched Forward Deployed Engineer (FDE) Academy, which aims to pool of 1,000 to 2,000 local professionals and position the Philippines as a global supplier of artificial intelligence (AI) talent.

Oil prices slump as Trump election rout eases Middle East conflict risks

Nov 5, 2026

Oil prices slump as Trump election rout eases Middle East conflict risks

Oil is headed for its biggest weekly decline since the Covid-19 pandemic after a Democratic blue wave in US midterm elections eased concerns about President Donald Trump escalating conflict in the Middle East. The price of Brent crude, the global benchmark, has tumbled by about 20 per cent this week to trade at around US$95 barrel on Thursday. US West Texas Intermediate has dropped by 16 per cent to about US$88. Prices plunged after US Vice-President J.D. Vance called for an end to the war in...

Maharlika eyes up to 3 more investments worth P4B before year-end

Nov 5, 2026

Maharlika eyes up to 3 more investments worth P4B before year-end

The Maharlika Investment Corp. (MIC), which manages the Philippines' sovereign wealth fund, is eyeing up to three more investments before the end of 2026, potentially bringing its total capital deployment for the year up by as much as P4 billion.

China’s appliance queen on her firm’s quest for greener cooling, and going global

Nov 5, 2026

China’s appliance queen on her firm’s quest for greener cooling, and going global

Dong Mingzhu chairs Gree Electric Appliances, a home-appliance giant based in southern China’s Guangdong province. Having worked her way up from a frontline sales job, she is one of China’s best-known figures in manufacturing. As a deputy to the National People’s Congress, she has long advocated for manufacturing innovation, higher incomes and greener consumption. In this interview, conducted when she was named an inaugural “Cool Leader” at an assembly of the UN Environment Programme’s Cool...

Stocks surge, oil tumbles after Trump’s election rout

Nov 5, 2026

Stocks surge, oil tumbles after Trump’s election rout

NEW YORK, United States — Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled on expectations the Democratic sweep could hasten a resolution to the US-Iran war. Democrats seized control of both houses of Congress in a victory that gives them the power to block legislation, open

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

Nov 5, 2026

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

US asset manager Federated Hermes has opened its office in Hong Kong, after two years of preparation, joining a wave of international financial giants competing for growth in the Asia-Pacific region. The company, which managed US$884 billion worth of assets as of September, considered a Hong Kong office two years ago and its board approved a plan a year later. Its office in the Nexxus Building in Central adds to its Asia-Pacific footprint in Singapore, Tokyo and Sydney. “Hong Kong is a premier...

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