Globe AI initiatives yield P1.2B in revenues, savings, gains

GMA Network - Oct 19, 2026

Telecommunications firm Globe has generated P1.2 billion in measurable business benefits from its artificial intelligence (AI) initiatives, including additional revenue, cost savings, and productivity gains.

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Steady GCash growth seen pre-IPO

Oct 19, 2026

Steady GCash growth seen pre-IPO

MANILA, Philippines — Mynt Inc.’s next phase of growth will depend on getting existing GCash users to use more financial services, analysts said, as the fintech giant prepares for its stock market debut on Tuesday. Investment banker Stephen CuUnjieng said Mynt’s extensive domestic reach leaves less room to expand through new users. READ: GCash IPO draws

Vena Energy eyes P245-B expansion in PH

Oct 19, 2026

Vena Energy eyes P245-B expansion in PH

MANILA, Philippines — Singapore-based Vena Energy is keen on expanding its renewable energy footprint in the Philippines by adding another 2.6 gigawatts-peak (GWp) of capacity, backed by planned investments of as much as P245 billion, according to the Department of Trade and Industry (DTI). According to the trade department, Vena Energy currently operates 0.9 GWp of

Gov’t support to drive next Mitsubishi investment 

Oct 19, 2026

Gov’t support to drive next Mitsubishi investment 

MANILA, Philippines — Mitsubishi Motors Philippines Corp. is keeping a close watch on the government’s automotive policies, including those of the next administration, before deciding whether to expand local production of internal combustion engine (ICE) vehicles or shift further towards electrified models. According to Ritsu Imaeda, president of Mitsubishi Philippines, the carmaker’s next investments will

SEC sets market-making rules to boost liquidity

Oct 19, 2026

SEC sets market-making rules to boost liquidity

MANILA, Philippines — The Securities and Exchange Commission (SEC) has issued rules on market making to improve liquidity and price discovery in the Philippine capital market, setting a P150-million minimum capital requirement for qualified trading participants. SEC Memorandum Circular No. 28, Series of 2026, issued on Oct. 15, establishes eligibility requirements, trading obligations and safeguards for

BIZ BUZZ: Pacquiao teams up with DA to fight poverty

Oct 19, 2026

BIZ BUZZ: Pacquiao teams up with DA to fight poverty

MANILA, Philippines — People’s Champ Manny Pacquiao is stepping back into the ring—no, not to take on another famous boxer. This time, Pacquiao, secretary and lead convenor of the National Anti-Poverty Commission (NAPC), and Agriculture Secretary Francisco Tiu Laurel Jr. are teaming up to fight poverty among the country’s farmers and fishers. Pacquiao and Tiu Laurel

Bangkok flood protection comes at a heavy rural cost in thailand

Oct 19, 2026

Bangkok flood protection comes at a heavy rural cost in thailand

For six straight monsoon seasons, Kamonach has had to navigate to her central Thailand home by boat, even though her house stands elevated more than three meters off the ground

China’s investors flock to dividend stocks as returns double those of state bonds

Oct 19, 2026

China’s investors flock to dividend stocks as returns double those of state bonds

Chinese investors have been flocking to dividend stocks, taking shelter from market turmoil spurred by sell-offs in technology companies and K-shaped economic growth in the Asian nation. Two key gauges of the mainland-listed companies with the highest dividend yield ratios outpaced the benchmark heading into October, when fears of financial tightening in the US and China’s flagging domestic demand weighed on investors’ risk appetite. The Shanghai Stock Exchange Dividend Index of the 50 selected...

Bitcoin is making a comeback, but the risk of more ‘sharp pullbacks’ is real

Oct 18, 2026

Bitcoin is making a comeback, but the risk of more ‘sharp pullbacks’ is real

Bitcoin may extend its rebound but is unlikely to break above US$100,000 before the end of the year, as rising interest rates and the Iran conflict continue to weigh on crypto assets, according to analysts. The crypto asset class is likely to end the year higher than it is today, but below the peak reached last October, according to Alice Liu, head of research at crypto data platform CoinMarketCap. “The worst of this year’s downturn is behind us, but the recovery will be uneven and led almost...

SET and Chulalongkorn University partner to advance Thai family businesses education

Oct 18, 2026

SET and Chulalongkorn University partner to advance Thai family businesses education

The Stock Exchange of Thailand (SET) and Chulalongkorn University have entered into a Memorandum of Understanding (MoU) to collaborate on enhancing education, research, and the development of human capital for Thai family businesses.

Vietnam signs free trade deal with four European nations

Oct 18, 2026

Vietnam signs free trade deal with four European nations

HANOI — Vietnam and four European nations outside the EU signed a free trade agreement in Hanoi on Sunday, seeking to diversify their markets as US tariffs disrupt global commerce. The deal, between Southeast Asia’s fastest-growing economy and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway and Switzerland, eliminates or reduces customs

The AI promise was automation. The reality? Managing digital workers

Oct 18, 2026

The AI promise was automation. The reality? Managing digital workers

When artificial intelligence agents first arrived, they came with a tantalising promise: autonomous “digital workers” that would finally free humans from corporate drudgery. As businesses across Asia are discovering, however, the reality is quite the opposite – more work, new friction and a whole new layer of management. When Xiao Mengjie, an AI product marketing manager at a Big Tech firm in Shanghai, recently assigned two AI agents what she described as a simple task, she expected efficiency....

Hong Kong’s primary residential market sees wave of launches, successful sales

Oct 18, 2026

Hong Kong’s primary residential market sees wave of launches, successful sales

Hong Kong homebuyers are poised to see new residential launches in the coming days and weeks following a sell-out weekend of more than 360 flats in two major projects in the city. Sun Hung Kai Properties (SHKP), one of Hong Kong’s major developers and landlords, was set to hold a second round of sales for Sierra Sea Phase 2C(2) in Shap Sze Heung, which is between Sai Kung and Ma On Shan, with 152 flats on offer on Wednesday, it said in a statement. Among them, 128 flats would be sold via a...

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