Japanese business chamber questions DOE-DENR asset-surrender rule

Inquirer.net - Nov 2, 2026

MANILA, Philippines — Japanese businesses have raised concerns over a controversial asset-surrender provision introduced ahead of the planned coal mine site bidding, warning that the rule may spoil investor confidence in the Philippine market. In a position paper dated Oct. 30 submitted to the Department of Energy (DOE), Japanese Chamber of Commerce and Industry of the

Read full article

More News

Hong Kong summit to test Wall Street sentiment amid geopolitical strains, tech volatility

Nov 1, 2026

Hong Kong summit to test Wall Street sentiment amid geopolitical strains, tech volatility

When hundreds of global finance leaders converge in Hong Kong this week, the question on their minds will be whether traditional investment strategies remain viable against escalating geopolitical friction and the rapid ascent of artificial intelligence. Investors have been keen for an answer – or at least clear clues – given that US President Donald Trump has been threatening a new round of strikes on Iran, and after Friday’s sharp sell-off in technology stocks elevated concerns about the...

How HSBC is investing in Hong Kong to build the future of finance — and why now

Nov 1, 2026

How HSBC is investing in Hong Kong to build the future of finance — and why now

[The content of this article has been produced by our advertising partner.] Hong Kong has been a home market for HSBC since the bank was founded 161 years ago. It is now also a base for the bank’s AI investment and delivery, with capabilities developed in the city intended for use across other markets. The city is also expanding the regulatory and market infrastructure needed to support digital finance at scale. HSBC returns as a Strategic Partner of Hong Kong FinTech Week x StartmeupHK for the...

Binance sees spike in withdrawals as exchange returns online after US$6.3 billion hack

Nov 1, 2026

Binance sees spike in withdrawals as exchange returns online after US$6.3 billion hack

Binance customers pulled US$3.64 billion, or 2.1 per cent of ⁠its assets, as the world’s biggest cryptocurrency exchange went back online on Sunday after hackers the FBI links to North Korea stole billions from the platform last week. Binance said withdrawals were stabilising after an initial spike and deposit volumes had remained “substantial”. The exchange said it had now covered 95 per cent of the US$6.3 billion of stolen assets. The theft, which analysts believe may be the biggest financial...

Building ASEAN+3 Resilience Amid Converging Economic, Climate and Cyber Risks

Nov 1, 2026

Building ASEAN+3 Resilience Amid Converging Economic, Climate and Cyber Risks

Economic risks and climate challenges demand agile policymaking, credible communication, and targeted measures. Regional and global cooperation is crucial for effective financial support and cybersecurity readiness amid converging crises. Navigating Economic Challenges The unpredictability of economic shocks presents a persistent challenge for nations striving for stability. Just as economies recover from one crisis, others often […]

Big Apple vs Pearl of the Orient? How higher taxes in New York may open door for Hong Kong

Nov 1, 2026

Big Apple vs Pearl of the Orient? How higher taxes in New York may open door for Hong Kong

On November 4 last year, Zohran Mamdani won the New York mayoral election on a promise to make the city more affordable, with expanded social programmes funded in part by raising taxes on the city’s wealthiest residents and most profitable corporations. Nearly a year since his upset victory, he has secured one major piece of that agenda: a surcharge on high-end second homes. He also continues to push for higher corporate and income taxes. The proposals have intensified criticism of Mamdani, a...

China’s banks, regulators to meet on measures to arrest stock slide

Nov 1, 2026

China’s banks, regulators to meet on measures to arrest stock slide

China’s central bank and securities regulator are expected to meet with financial institutions on Monday to discuss measures to bolster the country’s stock market, following a sell-off in October that heightened concerns over market stability, according to mainland media reports. The People’s Bank of China (PBOC) will meet representatives from major banks alongside the National Financial Regulatory Administration and the China Securities Regulatory Commission (CSRC) to discuss measures to...

Beyond Food Security: Tapping into Brunei’s Agri-Food Opportunities

Nov 1, 2026

Beyond Food Security: Tapping into Brunei’s Agri-Food Opportunities

Brunei is diversifying its economy by expanding the agri-food sector, focusing on high-value niche products to strengthen food security and economic development, while addressing structural challenges. Pursuing Economic Diversification Through Agri-Food Brunei Darussalam is embarking on a strategic initiative to diversify its economy beyond its traditional reliance on oil and gas. Central to this effort […]

Thai SEC Seeks Feedback on Rules for Digital Asset Derivatives

Nov 1, 2026

Thai SEC Seeks Feedback on Rules for Digital Asset Derivatives

BANGKOK, Oct. 31, 2026 — Thailand’s Securities and Exchange Commission (SEC) is seeking public comments on draft rules that would allow digital assets to serve as underlying assets for derivatives. The proposals cover licensing requirements for derivatives exchanges, clearing houses and intermediary businesses. They would allow digital asset business operators to apply for derivatives licenses […]

Japanese biz group questions DOE-DENR joint order

Nov 1, 2026

Japanese biz group questions DOE-DENR joint order

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.

What would a December rate rise mean for Hong Kong family offices’ property portfolios?

Nov 1, 2026

What would a December rate rise mean for Hong Kong family offices’ property portfolios?

An expected 0.25 percentage point rate increase by the US Federal Reserve in December is unlikely to dampen Hong Kong family offices’ interest in European, US and Japanese property investments, according to industry insiders. Ken Peng, chief investment officer at Raffles Family Office, said there were currently no signs of a large-scale sell-off in the US real estate market, with some local markets in the US even seeing supply shortages. “I believe the Federal Reserve’s current rate-hiking cycle...

Amazing Thailand Grand Diwali Festival 2026 lights up three provinces this November

Nov 1, 2026

Amazing Thailand Grand Diwali Festival 2026 lights up three provinces this November

The Amazing Thailand Grand Diwali Festival 2026 offers free celebrations featuring cultural performances, ceremonies, and cuisine across three provinces.

Will Argentina’s citizenship scheme lure property buyers from mainland China and Hong Kong?

Nov 1, 2026

Will Argentina’s citizenship scheme lure property buyers from mainland China and Hong Kong?

Argentina is the latest country seeking to lure investors with an investment-for-citizenship programme, providing another residency and diversification option for the wealthy, including those from mainland China and Hong Kong, according to analysts. Buenos Aires in October announced two principal investment routes for applicants. One is a US$350,000 non-refundable contribution to the National Treasury and a subscription to a US$800,000 government bond created specifically for the programme,...

Recommended