NGCP boosts grid capacity with P23.5-B transmission project

Inquirer.net - Sep 17, 2026

MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) is on track to activate P23.5 billion worth of transmission projects this year as it works to strengthen the country’s grid network further. Breaking it down, NGCP assistant vice president Leonor Felipa Cynthia Alabanza said the grid operator is spending around P11 billion to finish

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Sep 17, 2026

DOE eyes Zamboanga for oil storage facility site

The Department of Energy (DOE) said on Thursday that it is considering a larger area in Zamboanga to set up a storage facility that can handle 50 million barrels of oil.

Fed rate hike risks worsening China’s economic divide

Sep 17, 2026

Fed rate hike risks worsening China’s economic divide

The US Federal Reserve raised interest rates for the first time in three years in an effort to quell inflation partly caused by the war on Iran helping to drive up fuel prices. Policymakers voted unanimously on Wednesday to lift rates by 25 basis points to between 3.75 and 4.00 per cent. Sixteen of 18 committee members also said that they anticipate another rate hike this year. The increase will help inflation make a “timelier return” to a 2 per cent target, according to a statement, as new Fed...

ASEAN+3 Macroeconomic Research Office releases the 2026 ASEAN+3 Financial Stability Report

Sep 17, 2026

ASEAN+3 Macroeconomic Research Office releases the 2026 ASEAN+3 Financial Stability Report

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Marcos wants scaled-up manufacturing, production for small businesses

Sep 17, 2026

Marcos wants scaled-up manufacturing, production for small businesses

President Ferdinand “Bongbong” Marcos Jr. on Thursday said that he is hoping to scale up the manufacturing and production processes for small businesses.

Thailand Emphasizes Maritime Boundary as a Key Focus in UNCLOS Talks

Sep 17, 2026

Thailand Emphasizes Maritime Boundary as a Key Focus in UNCLOS Talks

Thailand’s Deputy Prime Minister emphasized maritime boundary delimitation as key in UNCLOS proceedings with Cambodia, while addressing land border tensions and confirming readiness for upcoming meetings in The Hague. Key Points Deputy Prime Minister Sihasak Phuangketkeow emphasized Thailand’s commitment to maritime boundary delimitation in conciliation proceedings with Cambodia under UNCLOS, following the first Commission meeting […]

Who’s in control of Japanese monetary policy? Tokyo or Washington?

Sep 17, 2026

Who’s in control of Japanese monetary policy? Tokyo or Washington?

Before the unexpected intervention in Japan’s foreign exchange market by the US Treasury Department on July 31 – the first time both countries joined forces to support the yen via outright purchases since 1998 – the probability of the Bank of Japan raising interest rates at its policy meeting on September 17-18 was less than 30 per cent. Fast forward to today, and the chances of an increase have shot up to almost 100 per cent. In fact, expectations have shifted so dramatically that bond markets...

How Hong Kong’s new 5-year plan courts global capital with an eye on market dominance

Sep 17, 2026

How Hong Kong’s new 5-year plan courts global capital with an eye on market dominance

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ASEAN economic ministers back PH bid to host creative center

Sep 17, 2026

ASEAN economic ministers back PH bid to host creative center

The Philippines is seeking to host the planned ASEAN Center of Excellence for Creative Industries (ACE-CI), with the country targeting its launch by 2028.

Huawei quickens AI chip pace, promises next entrant 3 quarters early

Sep 17, 2026

Huawei quickens AI chip pace, promises next entrant 3 quarters early

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Exchange Fund weighs bigger gold holdings to support Hong Kong’s trading hub plan

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Exchange Fund weighs bigger gold holdings to support Hong Kong’s trading hub plan

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Exclusion of motorcycles, trikes from P60-B incentive for EVs questioned

Sep 17, 2026

Exclusion of motorcycles, trikes from P60-B incentive for EVs questioned

Ahead of its planned rollout, the Philippines’ P60-billion incentive scheme for electric vehicle (EV) manufacturers is facing pushback from a leading industry group, which questioned why the program is focused on four-wheeled vehicles and excluded motorcycles and tricycles. Electric Vehicle Association of the Philippines (Evap) president Willy Tee Ten said he was puzzled as to

Hong Kong to support rocket, satellite IPOs as SpaceX-led sector takes off

Sep 17, 2026

Hong Kong to support rocket, satellite IPOs as SpaceX-led sector takes off

Hong Kong aims to adjust listing rules to grab a share of initial public offerings by mainland China’s space companies, in line with Beijing’s priorities and heightened activity in the sector following the blockbuster June listing by Elon Musk’s SpaceX. That could lead to more head-to-head competition between the Hong Kong stock exchange and the Shanghai Stock Exchange, which is now drawing a majority of applications, including commercial space launch providers and reusable rocket makers CAS...

AI transforming, not cutting PH outsourcing jobs – study

Sep 17, 2026

AI transforming, not cutting PH outsourcing jobs – study

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Sep 17, 2026

Gov’t spending yet to pick up pace

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DBS bets on strong PH growth rebound but flags energy risk

Sep 17, 2026

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Toyota protests exclusion of hybrid cars from TNVS slots

Sep 17, 2026

Toyota protests exclusion of hybrid cars from TNVS slots

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Sep 17, 2026

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Excise tax hikes seen to push 2027 inflation to 4.5%

Sep 17, 2026

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MANILA, Philippines — An increase in excise tax on sweetened beverages, alcohol and tobacco could push inflation to as high as 4.5 percent in 2027, adding to price pressures as the country continues to grapple with the oil shock fallout. This is according to Chinabank Research’s latest commentary, which said the tax increases proposed by the

BSP to tighten disciplinary actions vs erring banks, officials

Sep 17, 2026

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GCash IPO success goes beyond P10 price point, expert says

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Standard Chartered sizes up Clark investment opportunities

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Standard Chartered sizes up Clark investment opportunities

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SM Prime, WWF enter 5th phase of conservation project

Sep 17, 2026

SM Prime, WWF enter 5th phase of conservation project

MANILA, Philippines — SM Prime Holdings Inc. has renewed its nearly two-decade partnership with World Wide Fund for Nature-Philippines (WWF-Philippines) to strengthen marine conservation efforts at Hamilo Coast in Nasugbu, Batangas. SM Prime said on Wednesday that, through leisure resort residences developer Costa del Hamilo Inc. (CDHI), it entered the fifth phase of the Hamilo Coast

Meralco unit tapped for Filinvest’s EV needs

Sep 17, 2026

Meralco unit tapped for Filinvest’s EV needs

MANILA, Philippines — Filinvest Group has tapped the green mobility subsidiary of Manila Electric Co. (Meralco) to equip its properties with solutions supporting electric vehicles (EVs). In a statement on Wednesday, Movem Electric Inc. said the partnership would cover the deployment of EV requirements across Filinvest’s commercial, residential and office developments. READ: Toyota cautious but

Grab takes the reins of fintech Atome Financial

Sep 17, 2026

Grab takes the reins of fintech Atome Financial

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Hong Kong stocks decline after Fed raises interest rates and signals more to come

Sep 17, 2026

Hong Kong stocks decline after Fed raises interest rates and signals more to come

Stocks in Hong Kong and mainland China fell on Thursday, after the US Federal Reserve raised interest rates for the first time in three years and signalled that further tightening remained on the table. The benchmark Hang Seng Index dropped 0.4 per cent to 24,604.29 at the close. The Hang Seng Tech Index lost 0.3 per cent. Rate-sensitive stocks such as property developers and gold producers led the decline. On the mainland, the CSI 300 Index slipped 0.5 per cent, while the chip-heavy Star Market...

Gold rebounds after Fed rate rise as banks back long-term demand outlook

Sep 17, 2026

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Gold prices bounced back after the US Federal Reserve’s interest rate increase, as analysts and investment banks maintained a positive long-term outlook for the metal, citing structural challenges facing the world’s largest economy. Spot gold traded at US$4,326 an ounce at 4pm on Thursday in Hong Kong, up 1.52 per cent since the market opened at noon. The bullion once dived as much as 2.7 per cent to US$4,234 at 3am in Hong Kong, right after the Fed meeting. The US central bank announced a...

US rate increase should only have short-term impact on Hong Kong stocks: CICC

Sep 17, 2026

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Hong Kong stocks could face greater volatility from renewed US monetary tightening, but the impact should be short-lived unless the Federal Reserve embarks on a sustained rate-increase cycle, according to China International Capital Corporation (CICC). The Fed rate increase would not necessarily spell losses for Hong Kong stocks, as monetary conditions were only one of several factors driving the market, said Liu Gang, chief offshore China and overseas strategist and managing director at CICC...

After US rate hikes, HKMA says Hong Kong dollar could come under pressure

Sep 16, 2026

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Thailand Business News — Morning Briefing : Thailand & Asia | 17 September 2026

Sep 16, 2026

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PSEi drops below 6,000 on slower growth, geopolitical woes

Sep 16, 2026

PSEi drops below 6,000 on slower growth, geopolitical woes

MANILA, Philippines — Local stocks fell below the 6,000 level on Wednesday as investor fears of sluggish local economic growth and geopolitical conflicts deepened. The Philippine Stock Exchange Index (PSEi) plunged by 1.51 percent, or 90.84 points, to close at 5,916.94. READ: GDP growth seen to underperform target The broader All Shares also fell by

Prometheum Capital, HashKey Digital Asset Group, and Velocity Capital Sign Binding MOU to Internationalize Tokenized U.S. Equities

Sep 16, 2026

Prometheum Capital, HashKey Digital Asset Group, and Velocity Capital Sign Binding MOU to Internationalize Tokenized U.S. Equities

[The content of this article has been produced by our advertising partner.]  NEW YORK – SEPT. 16, 2026 – Prometheum Inc. (“Prometheum”), a market infrastructure provider for crypto assets, today announced that its subsidiary Prometheum Capital LLC (“Prometheum Capital”), an SEC-registered, FINRA member crypto asset custodian and clearing broker-dealer, has signed a binding memorandum of understanding (“MOU”) with HashKey Digital Asset Group Limited (“HashKey”) and Velocity Capital, LLC...

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