Forty employers in Thailand have earned a spot on Fortune’s 100 Best Companies to Work For™ Southeast Asia 2026 list

Thailand Business News - Nov 3, 2026

Forty Thai companies are recognized in Fortune's 2026 Southeast Asia Best Companies to Work For, based on responses from 1.3 million employees.

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St. Luke’s probes data breach in mobile app

Nov 3, 2026

St. Luke’s probes data breach in mobile app

MANILA, Philippines — St. Luke’s Medical Center and the National Privacy Commission (NPC) are investigating a cybersecurity incident involving the hospital network’s mobile application that may have compromised personal information. NPC spokesperson and Deputy Privacy Commissioner Jose Belarmino II confirmed that the commission received a personal data breach notification from the hospital network on Oct. 30.

In their own words: top global finance chiefs on AI bets, market shifts and diversification

Nov 3, 2026

In their own words: top global finance chiefs on AI bets, market shifts and diversification

With more than 280 global executives in Hong Kong attending the 2026 Global Financial Leaders’ Investment Summit, the market has been paying attention to what they have to say on today’s hot topics, including artificial intelligence investments, market corrections, asset diversification and the transformation of financial industries. Here are excerpts of what some of the financial industry heavyweights said during panel sessions on the first day of the summit. Sergio P. Ermotti, UBS Group...

Amid global uncertainty, top bankers back Hong Kong’s role as mainland China’s gateway

Nov 3, 2026

Amid global uncertainty, top bankers back Hong Kong’s role as mainland China’s gateway

Global financial executives have voiced confidence in Hong Kong’s role as a bridge between mainland China and the rest of the world and as a safe haven helping businesses and investors navigate geopolitical tensions and shifting global capital flows. Speaking at the city’s annual Global Financial Leaders’ Investment Summit on Tuesday, banking leaders discussed how financial institutions were rethinking business and operational strategies in an increasingly uncertain environment, while...

Philippine peso gains against US dollar for third straight trading day

Nov 3, 2026

Philippine peso gains against US dollar for third straight trading day

The Philippine peso sustained its strength against the US dollar on Tuesday, extending its win-streak for the third consecutive trading day.

‘At some point it’s going to be too much’: global financiers grapple with AI risks

Nov 3, 2026

‘At some point it’s going to be too much’: global financiers grapple with AI risks

The artificial intelligence boom is creating an unprecedented demand for capital and infrastructure, raising questions about whether debt markets, power grids and corporate productivity can keep pace with the technology’s expansion, executives of global asset management firms warned at a Hong Kong summit. Investment in AI infrastructure could reach US$10 trillion over the next five years, approaching the size of the US$12 trillion US bond market, said Emmanuel Roman, CEO of Pimco. “At some point...

European firm investing $50M to set up hangar in Clark airport, says BCDA

Nov 3, 2026

European firm investing $50M to set up hangar in Clark airport, says BCDA

The Bases Conversion and Development Authority (BCDA) said Tuesday a European company is pouring in about $50 million to set up a maintenance, repair, and overhaul hangar at the Clark International Airport.

Binance says outflows normalized; North Korea rejects US allegation over heist

Nov 3, 2026

Binance says outflows normalized; North Korea rejects US allegation over heist

Asset outflows from Binance have normalized, its co-CEO said, as North Korea dismissed US allegations that it was behind a $6.3-billion cryptocurrency heist on its platform.

Vice-Premier He Lifeng vows support for Hong Kong as international financial centre

Nov 3, 2026

Vice-Premier He Lifeng vows support for Hong Kong as international financial centre

Beijing says it will introduce extra measures, as needed, to bolster Hong Kong as an international financial centre, with Vice-Premier He Lifeng pledging continued support in a speech on Tuesday. Delivering a keynote speech at the opening of the 2026 Global Financial Leaders’ Investment Summit in Hong Kong via video link, He said finance was the most important leg of the city’s “four centres and one highland” agenda and stressed that using the advantages of the “one country, two systems”...

Hong Kong’s ‘superconnector’ role key as geopolitics reshapes capital flows, says banker

Nov 3, 2026

Hong Kong’s ‘superconnector’ role key as geopolitics reshapes capital flows, says banker

Hong Kong is poised to play a bigger role in helping global investors diversify their portfolios as geopolitical uncertainties reshape capital flows and drive demand for alternative markets and asset classes, a senior executive from Bank of China said on Tuesday. The city’s position as an international financial centre, its links between mainland China and global markets, and its offshore yuan market make it an important gateway for cross-border investment, according to Bank of China president...

Petron reports 44% decline in net income amid rising costs, tensions

Nov 3, 2026

Petron reports 44% decline in net income amid rising costs, tensions

Ramon Ang-led fuel retailer Petron Corp. reported a 44% decline in its net income in January to September, dragged by rising costs and external headwinds amid the ongoing geopolitical conflict in the Middle East.

China moves to simplify forex settlements, ease cross-border business

Nov 3, 2026

China moves to simplify forex settlements, ease cross-border business

China plans to expand foreign exchange settlement services and streamline cross-border trade payments, in a move to lower transaction costs and facilitate international commerce. The State Administration of Foreign Exchange (Safe) on Monday released a draft notice for public consultation outlining nine measures to facilitate current-account foreign exchange transactions. The proposals aimed to “broaden the applicable scenarios, scope and types of services” and “further reduce businesses’ fund...

As global AI sell-offs rattle investors, Goldman Sachs touts ‘enormous opportunities’

Nov 3, 2026

As global AI sell-offs rattle investors, Goldman Sachs touts ‘enormous opportunities’

The artificial intelligence (AI) boom could be a super-long cycle that would eventually drive productivity and bring down costs, according to the chairmen of Morgan Stanley and Goldman Sachs, who suggested the ongoing pullback in technology stocks could be a temporary speed bump. David Solomon, who is also Goldman Sachs’ CEO, and Ted Pick, also CEO of Morgan Stanley, touted the prospects of the cutting-edge technology and its demand at the Global Financial Leaders’ Investment Summit in Hong Kong...

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