Japanese biz group questions DOE-DENR joint order

GMA Network - Nov 1, 2026

Japanese businessmen have raised concerns over provisions of a joint order issued by the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) governing the bidding process for mining and other natural resource contracts in the Philippines.

Read full article

More News

Secondhand Homes Set to Lead Bangkok’s Housing Market Through 2027

Oct 31, 2026

Secondhand Homes Set to Lead Bangkok’s Housing Market Through 2027

The proportion of secondhand residential property transfers in Bangkok and its surrounding areas has continued to increase from 38% in 2019 to 56% of the total residential property transfers in the first half of 2026.

Binance says it has covered $6 billion of $6.3 billion stolen in hack

Oct 31, 2026

Binance says it has covered $6 billion of $6.3 billion stolen in hack

Binance, the world's biggest cryptocurrency exchange, said it has covered $6 billion of the $6.3 billion stolen from its platform by using company money to buy replacement tokens, after a hack that US officials said was carried out by a North Korean state-sponsored unit known as TraderTraitor.

Adidas looking for New York victory lap in marathon shoe wars

Oct 31, 2026

Adidas looking for New York victory lap in marathon shoe wars

NEW YORK/PARIS - Adidas is hoping this weekend's New York City Marathon will be its chance to run a victory lap, after runners wearing its shoes clocked up eight wins at prized World Marathon Majors this year, boosting sales and outpacing longstanding rival Nike.

Rainwater Treatment Facility at SM City Masinag reinforces water sustainability for SM

Oct 31, 2026

Rainwater Treatment Facility at SM City Masinag reinforces water sustainability for SM

Almost forty years since SM Supermalls pledged to uphold water stewardship in its properties across the Philippines, the mall operator continues to innovate its sustainability approach to reduce its reliance on freshwater resources. The installation of its latest Rainwater Treatment Facility (RTF) in SM City Masinag comes as the country prepares for El Niño, which

Can battery swapping and energy storage power CATL’s next phase of growth?

Oct 31, 2026

Can battery swapping and energy storage power CATL’s next phase of growth?

Contemporary Amperex Technology Ltd (CATL) has doubled down on new businesses including battery swapping and energy storage as the world’s largest battery maker seeks new growth drivers amid intensifying price wars and mounting pressure on profitability. But the new path is far from straightforward. Established players like Nio have already built a strong presence in battery swapping, while BYD has reinforced its position in energy-storage systems. Lucas Zhang Liutong, director of Hong...

PH debt climbs to record P19.66T in September

Oct 31, 2026

PH debt climbs to record P19.66T in September

MANILA, Philippines — The government’s outstanding debt climbed to a record P19.66 trillion in September, fueled by additional borrowings and the depreciation of the peso. Total liabilities rose 0.27 percent from August, while increasing 12.63 percent from a year earlier, according to the latest data from the Bureau of the Treasury. The September figure is

El Niño seen pushing up rice prices in 2027

Oct 31, 2026

El Niño seen pushing up rice prices in 2027

MANILA, Philippines — Global rice prices are projected to rise by nearly 18 percent on average next year as a strong El Niño threatens harvests across major producing countries, particularly those in Asia, according to Fitch Solutions research unit Business Monitor International (BMI). Rice prices were expected to remain elevated through the first quarter of

Gasoline prices to rise anew in 1st week of November

Oct 31, 2026

Gasoline prices to rise anew in 1st week of November

MANILA, Philippines — Fuel retailers are expected to implement mixed adjustments in the prices of domestic petroleum products in the first week of November, with gasoline on track for another increase. Jetti Petroleum president Leo Bellas said gasoline may see a price jump ranging from P2.90 to P3.20 per liter. Diesel may record a slight

As AI cyber risks grow, Chinese chip expert urges shared ethics standards with US rivals

Oct 31, 2026

As AI cyber risks grow, Chinese chip expert urges shared ethics standards with US rivals

The co-founder of Chinese chip giant Cambricon Technologies urged the introduction of universal ethical requirements for leading Chinese and American artificial intelligence models on Friday to mitigate growing risks to society. Chen Yunji’s remarks at an event in Shanghai come as the rapid advance of AI systems globally has resulted in a string of high-profile cyberattacks that have threatened critical infrastructure and breached government servers. Predicting that AI advances would develop...

Peso weakness pushes PH debt to new record high of P19.66 trillion

Oct 31, 2026

Peso weakness pushes PH debt to new record high of P19.66 trillion

The Philippines" sovereign debt piled up to a new historic high of P19.66 trillion as of the end of September, mostly driven by the peso"s weakness, which in turn raised the value of foreign currency-denominated obligations.

Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence

Oct 31, 2026

Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence

For decades, Asia’s macroeconomic fortunes were viewed through two external lenses: Western demand drove its factories, while the Federal Reserve and the dollar shaped its financial conditions. Both remain important. But this perspective increasingly misses how much the region itself now matters. Across ASEAN+3 (ASEAN, plus China, Japan, and Korea), changing production and demand structures […]

Binance seeks to shore up confidence after record $6.3 billion heist

Oct 31, 2026

Binance seeks to shore up confidence after record $6.3 billion heist

Binance, the world's biggest cryptocurrency exchange, worked on Friday to shore up public confidence after a record $6.3 billion hack of its platform, promising it would cover all losses from company funds and allow clients to trade again within days.

Recommended