The initial 750-room Hotel101 in Cairo, Egypt, will be located in Hay Al Ashgar along Ahmed Zewail Road in 6th of October City, Giza, within the broader catchment of the Giza Pyramids and the Grand Egyptian Museum.
Oct 21, 2026
Vietnamese conglomerate Vingroup is pouring in $500 million worth of investments to establish a flagship electric vehicle (EV) manufacturing facility in the Philippines, the Department of Trade and Industry (DTI) said Wednesday.
Share prices on the Philippine Stock Exchange continued their rally, supported by bargain hunting and post-GCash parent Mynt Inc."s public listing, which boosted investor interest.
Manila Water Company Inc. said Tuesday it is keeping its non-revenue water (NRW) or system loss below 15% as it strengthens its preparations for the anticipated impacts of a looming strong El Niño.
Hong Kong’s tougher oversight and weak investor demand have put many mainland China issuers in a dilemma, forcing many small-cap non-technology firms to delay their fundraising plans or even cancel them at the last minute, according to industry players. On Tuesday Jiangsu Slender West Lake Culture and Tourism (SWL Tour) became the latest such case, when the state-owned aquatic tourism service provider postponed a HK$227 million (US$28.93 million) listing. The company attributed the decision to...
The Philippine peso further extended its slide beyond the P63 per dollar level on Wednesday, closing to its 29th historic low so far this year, as external pressures continue to weigh on the local unit.
The Department of Agriculture (DA) said on Wednesday that it is eyeing to impose a two-month suspension on the issuance of sanitary and phytosanitary import clearances (SPSICs) on imported pork.
Over 600,000 hectares of standing crops may be affected by Super Typhoon Rosal as it moves over the northern portion of Luzon, the Department of Agriculture (DA) said on Wednesday.
The Government Service Insurance System (GSIS) has earmarked P1.69 billion for emergency loans for qualified members and pensioners in Albay, Camarines Norte, and Naga after the government declared a state of calamity in the affected areas.
Asia-Pacific Economic Cooperation (Apec) finance chiefs reached a consensus on economic policy coordination and cooperation on financing technology and artificial intelligence at a landmark two-day gathering in Hong Kong, according to China’s finance minister. Lan Foan said the outcomes achieved during the Apec Finance Ministers’ Meeting would help shape discussions at the leaders’ summit in Shenzhen next month. “China will work with all member economies to implement the important consensus...
MediCard Philippines Inc. expects single-digit growth in claims costs per member this year, citing its focus on preventive healthcare and early screening to help members manage medical expenses, a top official said Wednesday.
As China’s housing market downturn enters its fifth year, global investment banks including Goldman Sachs and Citi say they expect the sector to pivot as soon as 2027, with expectations fuelled by signs of shrinking supply and robust sales over the National Day holiday in early October. Citi holds a positive view on the sector and saw 2027 as a pivotal year for home price recovery in Beijing, Shanghai and Shenzhen. Home prices in China hit their lowest point in June 2024, according to...
China’s tax authorities are accepting reasonable explanations when enforcing new rules on offshore trust gains, according to an executive who says their appeal was successful, offering some reassurance as a 90-day grace period expires on Thursday. The approach appears to be translating into greater clarity from regulators. Earlier this week, the State Taxation Administration published a question-and-answer series that suggested Beijing was implementing the rules in line with international...