Oil price cuts may extend next week

Inquirer.net - Nov 13, 2026

MANILA, Philippines — Motorists can expect more relief at the pump, with another round of fuel price rollbacks of up to ₱5 per liter likely next week. Based on estimates from Jetti Petroleum president Leo Bellas, diesel could decrease by P4 to P5 per liter. READ: DOE, oil firms urged to fully implement fuel price rollback

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Security Bank books P9.2-B net income in Jan.-Sept. 2026

Nov 13, 2026

Security Bank books P9.2-B net income in Jan.-Sept. 2026

Security Bank Corporation saw a 1% year-on-year growth in its net income amounting to P9.2 billion in the first nine months of 2026.

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

Nov 13, 2026

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

China’s Semiconductor Manufacturing International Corporation (SMIC) is betting that a relentless data centre buildout will keep artificial intelligence computing power in short supply for the next two years. The bullish forecast comes as scrutiny over former Nvidia CEO Jensen Huang threatens to intensify Washington’s curbs on Chinese access to advanced American processors – a shift that could accelerate China’s reliance on domestic foundries. “By the middle to the second half of 2028 …...

Coming up: Leadership shuffle at BIR, BCDA, BOC, Peza

Nov 13, 2026

Coming up: Leadership shuffle at BIR, BCDA, BOC, Peza

MANILA, Philippines — A sweeping leadership shake-up reconfigured President Marcos’ economic team on Thursday, bringing changes to the country’s two largest revenue-collecting agencies and two major investment promotion bodies. While stopping short of formally confirming the appointments, the country’s trade and finance chiefs welcomed Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang

Mainland China stock sentiment turns bearish again, Morgan Stanley indicator shows

Nov 13, 2026

Mainland China stock sentiment turns bearish again, Morgan Stanley indicator shows

Investor sentiment has weakened again, with a gauge of mainland Chinese stock market sentiment tracked by Morgan Stanley falling back into bearish territory, prompting the investment bank to maintain a cautious outlook on the broader market. The weighted Morgan Stanley A-Share Sentiment Indicator fell 16 percentage points to 15 per cent as of November 11 from November 5, slipping below its 22 per cent threshold for overly bearish sentiment, according to a report published by the bank on...

Bank of Thailand to Launch Banknotes in Remembrance of Her Majesty Queen Sirikit

Nov 13, 2026

Bank of Thailand to Launch Banknotes in Remembrance of Her Majesty Queen Sirikit

The Bank of Thailand will issue two commemorative 100-baht banknote designs honoring Queen Sirikit the Queen Mother and Princess Bajrakitiyabha.

BOI, PEZA, BCDA booked P1.4T investment pledges from Jan.-Sept. 2026

Nov 13, 2026

BOI, PEZA, BCDA booked P1.4T investment pledges from Jan.-Sept. 2026

The Philippines top three investment promotion agencies have approved P1.4 trillion worth of investment commitments in the first nine months of 2026.

Who is new Customs chief Charlito Mendoza?

Nov 13, 2026

Who is new Customs chief Charlito Mendoza?

Bureau of Internal Revenue (BIR) Commissioner Charlito Mendoza is moving to the Bureau of Customs (BOC) as part of President Ferdinand "Bongbong" Marcos Jr.'s recent Executive branch leadership shake-up.

Hong Kong businesses have scope to put cash flow to work to propel growth, expert says

Nov 13, 2026

Hong Kong businesses have scope to put cash flow to work to propel growth, expert says

Hong Kong’s economy is showing resilience, with real gross domestic product (GDP) growing 5.1 per cent year on year in the first half of 2026. For businesses, that momentum brings opportunities alongside the need to navigate a landscape of uneven growth. “We see the growth concentrated in a few sectors, which is AI-led,” says Regina Lee, head of commercial banking at Hang Seng Bank. According to the Hong Kong government’s half-yearly economic report released in August, the value of overall...

Who is new BIR chief Rolando Ligon?

Nov 13, 2026

Who is new BIR chief Rolando Ligon?

President Ferdinand "Bongbong" Jr. shook up key positions in the country's top collection agencies, namely the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC).

Meralco raises power rate by P0.49 per kWh in November

Nov 13, 2026

Meralco raises power rate by P0.49 per kWh in November

Customers of the Manila Electric Company (Meralco) should brace for higher electricity bills this month as the power distributor hiked its household rate due to higher generation costs.

Microsoft Outlook outage puts Hong Kong’s financial sector on hold

Nov 13, 2026

Microsoft Outlook outage puts Hong Kong’s financial sector on hold

A multihour outage of Microsoft’s office software Outlook, beginning on Friday morning, severely disrupted work in Hong Kong’s financial sector, according to staff members at several of the city’s investment banks. Some bankers from Goldman Sachs and Nomura said their work had been interrupted, the South China Morning Post learned. Many in Central, Hong Kong’s main financial district, had to work offline after the email service went down. “We haven’t been able to send or receive emails since the...

Hong Kong looks to attract broader pool of investors to growing ETF market

Nov 13, 2026

Hong Kong looks to attract broader pool of investors to growing ETF market

Hong Kong’s exchange-traded fund (ETF) market is looking to attract a broader pool of investors, from local retail investors to mainland Chinese institutions, as rising demand for diversified investment products and expanded cross-border access drive growth. The city’s connectivity with the mainland and other regional markets was one of its key advantages in attracting investors, while ETFs were increasingly becoming an integral part of institutional portfolio construction rather than merely a...

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