Hong Kong energised as global investment hub for green technology

South China Morning Post - Sep 23, 2026

Record-breaking heat, devastating droughts, deadly wildfires and heavy rain and severe floods around the world over recent months have sparked a new urgency in the search for practical solutions to climate change. The challenge for governments is not only to generate cleaner sources of power, but also to use safer and more efficient energy technologies and storage systems that are affordable and scalable so they can have a global impact. Hong Kong is increasingly positioning itself as an...

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Sep 23, 2026

Smart grooms AI platform as new revenue stream

MANILA, Philippines — PLDT Inc.’s wireless arm Smart Communications Inc. expects its newly launched artificial intelligence (AI) platform to become a new revenue stream as it explores embedding the technology into e-commerce and other digital transactions. On Tuesday, Smart first vice president Lloyd Manaloto said AI.Smart had already attracted paying users following its soft launch,

World’s biggest trade pact eyes further enlargement

Sep 23, 2026

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MANILA, Philippines — Already the world’s largest free trade agreement, the Regional Comprehensive Economic Partnership (RCEP) is widening its ambitions as it prepares rules that could pave the way for five more economies to join the existing trade bloc. At the Asean meetings in Manila on Monday, RCEP ministers agreed to establish an ad hoc

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Sep 23, 2026

Aboitiz energy startup gears up for expansion

MANILA, Philippines — A startup backed by Aboitiz Power Corp. is bullish about expanding its footprint outside the National Capital Region as new government rules eased the solar rooftop installation process, further triggering growth demand. Solviva Energy, a residential solar firm, seeks to also build its presence in Cebu and Davao as the market continues

Why being profitable does not always create shareholder value

Sep 23, 2026

Why being profitable does not always create shareholder value

MANILA, Philippines — A company that earns billions of pesos every year is usually considered successful. If its profits remain positive and return on equity (ROE) is respectable, we may assume that management is creating value for shareholders. But ROE can sometimes be misleading. Two companies may generate similar ROEs, yet shareholders may demand different

Rising US scrutiny on clinical trials could threaten China’s biotech advantage: analysts

Sep 23, 2026

Rising US scrutiny on clinical trials could threaten China’s biotech advantage: analysts

China’s edge in fast, cost-effective early clinical trials has propelled its emergence as a global biopharmaceutical powerhouse, but there is a risk that the United States could take steps to curb that advantage, according to analysts. US lawmakers and officials at the Food and Drug Administration (FDA) have raised the alarm about American pharmaceutical companies’ growing reliance on conducting early clinical trials in China, flagging the opaqueness of the process and the need to keep medical...

BIZ BUZZ: Time’s up for Casanova banker

Sep 23, 2026

BIZ BUZZ: Time’s up for Casanova banker

MANILA, Philippines — What’s hotter than the unnerving foreign exchange and bond price swings in the dealing room these days? It’s the chatter about this high-ranking treasury veteran who’s about to leave (or lose?) his post at a local bank. On one hand, the guy has told some people that he’s quitting because he will never

China’s cancer breakthrough on CAR-T cell therapy shows progress

Sep 23, 2026

China’s cancer breakthrough on CAR-T cell therapy shows progress

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China’s AI self-reliance presents opportunities but valuations, geopolitics are risks: BofA

Sep 23, 2026

China’s AI self-reliance presents opportunities but valuations, geopolitics are risks: BofA

China’s push for tech self-reliance is opening new investment opportunities in artificial intelligence stocks, but stretched valuations and geopolitical tensions make the sector an increasingly risky bet, according to Bank of America. The country’s tech firms are catching up with overseas rivals while a wave of high-profile listings has broadened investment opportunities, Winnie Wu, head of Asia-Pacific equity strategy research and co-head of China equity research at Bank of America, said in a...

Power, not chips, will decide where Asia’s AI gets built

Sep 22, 2026

Power, not chips, will decide where Asia’s AI gets built

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As Buffett exits, can China win back Wall Street with own brand of his winning formula?

Sep 22, 2026

As Buffett exits, can China win back Wall Street with own brand of his winning formula?

China is betting that patient capital, rather than quick trades, will define its next phase of growth – a wager that has taken on new resonance since Warren Buffett stepped down last week after growing Berkshire Hathaway into a US$1 trillion empire over six decades. And as global investors watch this week’s US-China leadership summit for any sign of easing friction, one question is whether Beijing’s version of Buffett’s value-investing legacy can help Wall Street regain its appetite for Chinese...

Thailand faces a fresh LNG squeeze as Hormuz crisis pushes prices toward US$28/MMBtu

Sep 22, 2026

Thailand faces a fresh LNG squeeze as Hormuz crisis pushes prices toward US$28/MMBtu

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Micro taxpayers abatement program draws 6,234 applications

Sep 22, 2026

Micro taxpayers abatement program draws 6,234 applications

MANILA, Philippines — The one-time Abatement Program for Micro Taxpayers of the Bureau of Internal Revenue (BIR) reported 6,234 applications in the first two months of implementation, as of Sept. 18, with 5,000 of them already approved. According to a BIR statement issued on Tuesday, the approved applications covered ₱84.5 million in tax liabilities and

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