LTFRB revokes authority of 2 TNCs over regulatory violations

GMA Network - Oct 5, 2026

The Land Transportation Franchising and Regulatory Board (LTFRB) has revoked the authority to operate and the renewal applications for two Transport Network Companies (TNCs) due to regulatory violations.

Read full article

More News

Toll waiver for agri trucks still under negotiation -- DA

Oct 5, 2026

Toll waiver for agri trucks still under negotiation -- DA

The Department of Agriculture (DA) said on Monday that negotiations with toll operators are still underway after it requested a toll waiver for trucks hauling agricultural goods amid rising fuel prices.

Hong Kong poised for first listed property debt fund as banks pull back

Oct 5, 2026

Hong Kong poised for first listed property debt fund as banks pull back

Private equity firms are moving to plug a commercial real estate funding gap as traditional banks pull back, with one fund filing to launch Hong Kong’s first listed property debt vehicle. Gaw Capital, a Hong Kong-based real estate private equity fund which managed US$35.6 billion in assets as of late 2025, filed to list its Gaw Capital Real Estate Private Debt OFC on Friday, seeking to become the first property-focused private debt fund on the Hong Kong stock exchange’s main board. The fund has...

Huawei, Qualcomm strike multi-year patent agreement across 5G, AI

Oct 5, 2026

Huawei, Qualcomm strike multi-year patent agreement across 5G, AI

US chip giant Qualcomm has agreed to pay to licence and acquire patents from China’s Huawei Technologies for the first time as part of a “multi-year, broad patent licence agreement” covering 5G, computing and artificial intelligence. The deal involved cross-licensing between both firms’ patent portfolios, the Shenzhen-based firm said in a statement on Monday, adding that it included Qualcomm’s purchase of specific Huawei US patents across compute, AI, networking and other technologies. The...

Wellcome operator DFI Retail seeks buyer for fully leased shopping centre on The Peak

Oct 5, 2026

Wellcome operator DFI Retail seeks buyer for fully leased shopping centre on The Peak

DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closing at noon on November 19, according to sole agent CBRE. The property is near The Peak campus of the German Swiss International School. The mall consists of a two-storey retail podium with a gross...

Asset manager Schroders to expand in Hong Kong after merger with Nuveen, CEO says

Oct 5, 2026

Asset manager Schroders to expand in Hong Kong after merger with Nuveen, CEO says

UK fund house Schroders will increase investment and headcount in Hong Kong after being acquired by US asset manager Nuveen, according to Schroders’ global CEO. “Hong Kong is a critical interface for mainland China through schemes like Wealth Management Connect,” Richard Oldfield said in an online interview with the South China Morning Post on Friday. The scheme, launched in 2021, allows investors in the Greater Bay Area to buy wealth-management products across borders. Underpinning Schroders’...

The Live Conversation: Education Beyond the Checklist

Oct 5, 2026

The Live Conversation: Education Beyond the Checklist

Over 1,700 parents, students and educators attended the International Schools Festival – Hong Kong Island 2026. Held at Hong Kong Ocean Park Marriott Hotel on September 19, it featured 46 schools and education advisers, and offered families guidance on admissions, curricula, university applications and future education planning. Across five parent talks and 10 school-led information sessions, speakers returned to one central message: education should not be driven by fear or the pursuit of a...

Temu took the world by storm – but has the shopping app lost its thunder?

Oct 5, 2026

Temu took the world by storm – but has the shopping app lost its thunder?

In February 2023, the budget shopping platform Temu announced itself on the world stage in the brashest way possible: becoming one of the youngest ever brands to buy a Super Bowl advertising spot. “Download the Temu app and shop like a billionaire,” a voice proclaimed in the 30-second commercial, as a woman danced on screen and ordered a series of outlandishly cheap items: from a US$8.99 dress to a US$4.99 wig. The commercial – which aired twice during the game, costing Temu an estimated US$14...

Quant funds are ‘necessary’ to China’s ascent as financial powerhouse: investor

Oct 5, 2026

Quant funds are ‘necessary’ to China’s ascent as financial powerhouse: investor

Beijing has tightened scrutiny of quantitative trading funds in recent months amid fears they add to market instability. Yet a leading investor believes the future is bright for China’s quant funds, as they are “necessary for a developed economy”. Seth Huang, the head of Aris Capital, said quant funds had such a clear advantage over retail investors on China’s capital markets that the situation could be described as “a war with some using machine guns and others butcher knives”. Quant funds have...

The Changing Map of Growth: Why East Asia and the RCEP Are More Important Than Ever

Oct 4, 2026

The Changing Map of Growth: Why East Asia and the RCEP Are More Important Than Ever

The RCEP region, led by ASEAN+3, is becoming a significant global economic center. Key focuses include deepening regional integration, enhancing supply chains, managing risks, and driving global growth.

Thailand Business News — Morning Briefing

Oct 4, 2026

Thailand Business News — Morning Briefing

Thailand & Asia | 5 October 2026 Thailand’s floods are hitting 1,315 businesses as renewed rain threatens to prolong the economic damage Thailand’s flood crisis is increasingly becoming a business-continuity problem rather than a short-lived disruption. The Ministry of Industry says 1,315 businesses across 40 provinces have been affected, including 77 factories, 1,179 SMEs, two […]

C-Suite Member Spotlight: 140 Years of Everyday Moments

Oct 4, 2026

C-Suite Member Spotlight: 140 Years of Everyday Moments

A morning stop for breakfast before work. A coffee picked up between meetings. A grocery stop on the way home. A stop for health and beauty products. A weekend trip to choose furniture for a growing family. A rewards offer that helps make the weekly shop go further. These are ordinary moments in Hong Kong life. Yet for DFI Retail Group, they represent the foundation of a business that has grown with the city for 140 years. Founded in Hong Kong in 1886, DFI has evolved from a local enterprise...

OPEC+ agrees to keep November oil output targets steady

Oct 4, 2026

OPEC+ agrees to keep November oil output targets steady

Gulf OPEC+ producers have been pumping well below output targets in the face of continuing export disruptions from the US-Israeli war on Iran, with exports at 60% to 80% of normal levels.

Recommended