Maharlika defers investment in Synergy Grid

GMA Network - Nov 5, 2026

Maharlika Investment Corporation confirmed that it has paused the proposed investment in Synergy Grid & Development Phils Inc. (SGP), amid the current conditions.

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Tech firm Amihan investing $1M build pool of AI engineers for PH

Nov 5, 2026

Tech firm Amihan investing $1M build pool of AI engineers for PH

Technology company Amihan Global Strategies is investing about $1 million for its newly launched Forward Deployed Engineer (FDE) Academy, which aims to pool of 1,000 to 2,000 local professionals and position the Philippines as a global supplier of artificial intelligence (AI) talent.

Oil prices slump as Trump election rout eases Middle East conflict risks

Nov 5, 2026

Oil prices slump as Trump election rout eases Middle East conflict risks

Oil is headed for its biggest weekly decline since the Covid-19 pandemic after a Democratic blue wave in US midterm elections eased concerns about President Donald Trump escalating conflict in the Middle East. The price of Brent crude, the global benchmark, has tumbled by about 20 per cent this week to trade at around US$95 barrel on Thursday. US West Texas Intermediate has dropped by 16 per cent to about US$88. Prices plunged after US Vice-President J.D. Vance called for an end to the war in...

Maharlika eyes up to 3 more investments worth P4B before year-end

Nov 5, 2026

Maharlika eyes up to 3 more investments worth P4B before year-end

The Maharlika Investment Corp. (MIC), which manages the Philippines' sovereign wealth fund, is eyeing up to three more investments before the end of 2026, potentially bringing its total capital deployment for the year up by as much as P4 billion.

China’s appliance queen on her firm’s quest for greener cooling, and going global

Nov 5, 2026

China’s appliance queen on her firm’s quest for greener cooling, and going global

Dong Mingzhu chairs Gree Electric Appliances, a home-appliance giant based in southern China’s Guangdong province. Having worked her way up from a frontline sales job, she is one of China’s best-known figures in manufacturing. As a deputy to the National People’s Congress, she has long advocated for manufacturing innovation, higher incomes and greener consumption. In this interview, conducted when she was named an inaugural “Cool Leader” at an assembly of the UN Environment Programme’s Cool...

Stocks surge, oil tumbles after Trump’s election rout

Nov 5, 2026

Stocks surge, oil tumbles after Trump’s election rout

NEW YORK, United States — Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled on expectations the Democratic sweep could hasten a resolution to the US-Iran war. Democrats seized control of both houses of Congress in a victory that gives them the power to block legislation, open

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

Nov 5, 2026

US asset manager Federated Hermes opens Hong Kong office to tap China’s tech rise

US asset manager Federated Hermes has opened its office in Hong Kong, after two years of preparation, joining a wave of international financial giants competing for growth in the Asia-Pacific region. The company, which managed US$884 billion worth of assets as of September, considered a Hong Kong office two years ago and its board approved a plan a year later. Its office in the Nexxus Building in Central adds to its Asia-Pacific footprint in Singapore, Tokyo and Sydney. “Hong Kong is a premier...

Weaker peso to affect PH rice importation, says PCAFI 

Nov 5, 2026

Weaker peso to affect PH rice importation, says PCAFI 

The country"s rice importation is expected to be affected by the weakening of the Philippine peso against the US dollar, the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said Thursday.

CSRC requests further tax records from Hong Kong IPO applicants amid tighter oversight

Nov 5, 2026

CSRC requests further tax records from Hong Kong IPO applicants amid tighter oversight

China’s securities regulator has ordered three Hong Kong initial public offering (IPO) applicants to submit additional documentation amid an intensifying crackdown on tax compliance. The China Securities Regulatory Commission (CSRC) said it has asked Fujian Senda Electric, a Fuzhou, Fujian province-based company trading on Beijing’s National Equities Exchange and Quotations board, to disclose details on internal dividend approvals, dividend fund flows, and compliance with tax and other...

Maynilad nets P12.6B in Jan.-Sept. 2026, up 10.2%

Nov 5, 2026

Maynilad nets P12.6B in Jan.-Sept. 2026, up 10.2%

Maynilad Water Services saw a 10.2% increase in its bottom line in the first nine months of 2026.

NNIC reports 1.29M passengers passed through NAIA during Undas 2026

Nov 5, 2026

NNIC reports 1.29M passengers passed through NAIA during Undas 2026

Over one million passengers pass through the Ninoy Aquino International Airport (NAIA) during the nine-day “Undas” travel period, from October 27 to November 4, 2026, San Miguel-led private operator New NAIA Infra Corp. (NNIC) said.

EDSA busway inner lane remains exclusive to buses amid rehab, DOTr says

Nov 5, 2026

EDSA busway inner lane remains exclusive to buses amid rehab, DOTr says

The Department of Transportation (DOTr) on Thursday reminded motorists that the inner lane of EDSA will remain exclusive to buses amid the ongoing rehabilitation along the southbound section from Nepa Q-Mart to Boni Avenue.

Marcos leads ceremonial first flow of gas for Malampaya Phase 4

Nov 5, 2026

Marcos leads ceremonial first flow of gas for Malampaya Phase 4

Marcos leads ceremonial first flow of gas for Malampaya phase 4

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