Diesel, kerosone pump prices up, gasoline down on Tuesday, Oct. 27, 2026

GMA Network - Oct 26, 2026

The Department of Energy announced Monday the mixed movements in pump prices this week.

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Hong Kong to tighten burgeoning premium financing market as red flags, risks emerge

Oct 26, 2026

Hong Kong to tighten burgeoning premium financing market as red flags, risks emerge

Hong Kong’s insurance watchdog is tightening oversight of the city’s booming premium financing market, as the once-niche lending arrangement spreads to lower-tier insurance buyers, while also reviewing regulations, particularly on how insurers evaluate clients’ affordability, according to Insurance Authority executives. Premium financing allows policyholders to borrow money from financial institutions to pay upfront premiums on large life insurance policies, which are commonly used as a wealth...

Goldman Sachs steps up Asia hiring as wealthy clients eye US assets for diversification

Oct 26, 2026

Goldman Sachs steps up Asia hiring as wealthy clients eye US assets for diversification

Goldman Sachs is accelerating the hiring of wealth management advisers across Asia as the region’s wealthy families increasingly seek to diversify into US assets after years of strong market gains, while the AI boom is creating a new generation of millionaires with growing financial planning needs. The Wall Street bank is expanding its advisory teams in Hong Kong, Singapore and Australia, alongside specialists in areas such as trading and lending, according to Nishi Somaiya, its global co-head...

ASEAN+3’s Path to Faster, More Inclusive Cross-Border Payments

Oct 25, 2026

ASEAN+3’s Path to Faster, More Inclusive Cross-Border Payments

ASEAN+3 is at the forefront of regional payment connectivity, leveraging advancements in retail payment systems. Notable achievements include cross-border QR payments and instant payment system linkages

Standard Chartered-led Anchorpoint plans retail stablecoin as HSBC RedCoin launches

Oct 25, 2026

Standard Chartered-led Anchorpoint plans retail stablecoin as HSBC RedCoin launches

After HSBC RedCoin launched on Friday, Anchorpoint – the stablecoin-issuing joint venture led by Standard Chartered – said it plans to launch a retail product on a public blockchain, even as it takes a “prudent approach”. “Our next major milestone is to [help] bring regulated digital money into everyday payments and commercial applications, while connecting traditional payment infrastructure with this emerging digital finance,” said Dominic Maffei, CEO of Anchorpoint. “This is a public...

Thailand Orders December Deadline for Foreign Nominee Land Probes

Oct 25, 2026

Thailand Orders December Deadline for Foreign Nominee Land Probes

Thailand has launched a nationwide crackdown on foreigners using Thai nominees to hold land, with investigators ordered to complete case-by-case findings by December.

CitizenWatch urges firms to treat digital trust as business asset

Oct 25, 2026

CitizenWatch urges firms to treat digital trust as business asset

MANILA, Philippines — Consumer group CitizenWatch Philippines called on businesses and government agencies to enhance protections against online scams, highlighting that digital trust is essential for customer confidence and participation in the digital economy. “Digital trust is not only a cybersecurity concern; it is a business asset,” said Atty. Kit Belmonte, former legislator and CitizenWatch

DA chief backs pork tariff hike bid, says he stands 'on side of Filipino hog raisers'

Oct 25, 2026

DA chief backs pork tariff hike bid, says he stands 'on side of Filipino hog raisers'

DA Secretary Francisco Tiu Laurel Jr. expressed support for hog raisers" calls for higher pork import tariffs, noting the DA"s efforts to ease losses due to cheaper imports.

Globevisa to Convene Hong Kong Summit on Asia's Evolving Global Mobility and Cross-Border Planning

Oct 25, 2026

Globevisa to Convene Hong Kong Summit on Asia's Evolving Global Mobility and Cross-Border Planning

[The content of this article has been produced by our advertising partner.] HONG KONG, October 26, 2026 — The Globevisa Global Citizen Conference 2026 (GGCC 2026), organised by Globevisa Group, will open today at the JW Marriott Hong Kong, bringing together government representatives, industry leaders, family offices and professional advisers from more than 40 countries. Held under the theme “By Asia. For Asia. To the World,” the two-day conference will examine developments in global mobility,...

$34.1M US grant for ube industry to benefit 12k Pinoy farmers -- DA

Oct 25, 2026

$34.1M US grant for ube industry to benefit 12k Pinoy farmers -- DA

The Department of Agriculture (DA) welcomed the US$34.1-million grant from the United States to develop the Philippines" ube industry

BYD to build new factories in Europe to combat strict trade barriers targeting Chinese EVs

Oct 25, 2026

BYD to build new factories in Europe to combat strict trade barriers targeting Chinese EVs

China’s BYD will build new factories in Europe for a bigger market share, as the world’s largest electric vehicle (EV) maker faces fiscal support pullback at home and rising trade barriers overseas, according to an executive. “Europe is a very important regional market for BYD. We will not let tariff increases affect local consumers’ choice of BYD,” said Liu Xueliang, vice-president at the Shenzhen-based carmaker, in a recent interview. Liu also reaffirmed that BYD was actively expanding its...

Erwin Tulfo seeks transparency, installment payments for 'bill deposits'

Oct 25, 2026

Erwin Tulfo seeks transparency, installment payments for 'bill deposits'

Sen. Erwin Tulfo on Sunday called for greater transparency in the collection of “bill deposits” from electricity consumers and urged power distribution utilities to allow customers to pay these charges in installments.

What’s next for Hong Kong developers in mainland China?

Oct 25, 2026

What’s next for Hong Kong developers in mainland China?

Hong Kong’s major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing properties, recurring income and debt reduction. “In recent years, after we recycled the capital from our projects, we haven’t really found many good opportunities on the mainland,” Stephen Ng, chairman and managing director of Wharf Holdings, said at...

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