P18/kg LPG price hike in October blunts excise tax suspension -- LPGMA

GMA Network - Oct 3, 2026

The P18-per-kilogram increase in liquefied petroleum gas (LPG) prices expected this October will offset the recently implemented suspension of the excise tax on the fuel, the LPG Marketers Association (LPGMA) said Saturday.

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Thailand Business News — Morning Briefing

Oct 2, 2026

Thailand Business News — Morning Briefing

Thailand & Asia | 3 October 2026 Thailand flood losses climb toward THB69 billion as agriculture, factories and exports come under pressure Thailand’s flooding is emerging as a much larger economic shock than the initial urban disruption suggested. A new assessment from Rangsit University puts losses across the agricultural supply chain at THB69.1 billion, equivalent […]

What about cable cars for high-value crops from mountains? Suggestion made in budget hearing

Oct 2, 2026

What about cable cars for high-value crops from mountains? Suggestion made in budget hearing

The chairman of the House Committee on Agriculture and Food suggested using cable cars to transport high-value crops from mountain areas as a cheaper, easier way to move goods compared to farm-to-market roads.

LPG prices to rise by P18/kg in October 

Oct 2, 2026

LPG prices to rise by P18/kg in October 

The price of liquefied petroleum gas (LPG) is expected to rise by P18/kg in October due to the ongoing Middle East conflict.

McDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail

Oct 2, 2026

McDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail

As “long-dormant old money” steps back into Hong Kong’s retail property market, McDonald’s has sold the property housing its first New Territories restaurant for HK$120 million (US$15.3 million), extending its year-long sell-down of self-owned shops. The property at 10-22 Tsuen Wan Market Street, spanning the ground floor to the second floor, was sold to Keen Charm Holdings (HK) Limited, with the agreement for sale signed on August 31, according to the Land Registry. Company Registry listed Ngan...

PH, Singapore conclude talks on updating 5-decade-old pact vs. double taxation

Oct 2, 2026

PH, Singapore conclude talks on updating 5-decade-old pact vs. double taxation

The Philippines and Singapore have concluded the negotiations for updating a pact entered into by the two neighboring countries nearly five decades ago to prevent double taxation.

Clara Chan retains helm at HKIC as HK$62b state fund aligns with city’s 5-year plan

Oct 2, 2026

Clara Chan retains helm at HKIC as HK$62b state fund aligns with city’s 5-year plan

Hong Kong Investment Corporation (HKIC) has extended the tenure of its current CEO, Clara Chan Ka-chai, for another three years as the city vows to boost emerging industries in its first five-year plan. The wholly government-owned investment vehicle, which manages HK$62 billion (US$7.9 billion) in funds, announced that Chan would stay on as head through October 2029, according to a statement on Friday. “I look forward to Clara’s continued leadership of the HKIC over the next three years,...

GCash-Mynt's P6.60 IPO price brings investment closer to more Filipinos --solon

Oct 2, 2026

GCash-Mynt's P6.60 IPO price brings investment closer to more Filipinos --solon

A member of the House panel on banks and financial intermediaries said Friday that the P6.60 final pricing of the initial public offering of Mynt Inc., the parent company of mobile wallet GCash, could bring ownership of the digital platforms within reach of a broader base of Filipino investors.

SSS LoanLite offers P1K to P20K loans for qualified members' immediate needs

Oct 2, 2026

SSS LoanLite offers P1K to P20K loans for qualified members' immediate needs

The Social Security System (SSS) on Friday called on its members to avail of the pension fund"s new digital microloan facility, the SSS Micro Loan Program, also known as SSS LoanLite.

Developers vie to land plum HK$2 billion residential site in Ho Man Tin

Oct 2, 2026

Developers vie to land plum HK$2 billion residential site in Ho Man Tin

The sole residential site included in the Hong Kong government’s latest land sale programme has attracted interest from a host of major developers, with 10 tenders being submitted before a noon deadline on Friday. Chinachem Group, Wheelock Properties, Kerry Properties and Sun Hung Kai Properties all confirmed to the South China Morning Post that they had submitted individual bids for the site on Fat Kwong Street in Ho Man Tin, Kowloon, while Sino Land issued a joint tender with Great Eagle...

Hong Kong IPOs falter, China aids homebuyers, EU trade talks

Oct 2, 2026

Hong Kong IPOs falter, China aids homebuyers, EU trade talks

Hong Kong stock debuts are losing steam as a deluge of initial public offerings (IPOs) overwhelms investor appetite. Seven of September’s 12 IPOs fell on the first day of trading, raising the third-quarter total to 15 flops out of 31, based on Bloomberg data. By contrast, there were only 14 declines among 77 debuts in the first half of the year. Medcaptain Medical Technology led September’s first-day flops, plunging 43 per cent. Fast-fashion giant Shein tumbled as much as 10 per cent on its...

China’s AI compute ambitions demand innovation

Oct 2, 2026

China’s AI compute ambitions demand innovation

China has set a five-year goal for the expansion of intelligent computing capacity to drive artificial intelligence (AI) that calls for a more than fourfold increase on what was in place at the end of June this year. To reach the 2030 target while being blocked by the United States from importing the most advanced Western-made AI chips will require innovation, adaptation and the application and coordination of vast resources. Judging by the 177 per cent increase in capacity achieved in the year...

Hong Kong ranks 7th globally in drawing next wealthy class – trailing Singapore: study

Oct 2, 2026

Hong Kong ranks 7th globally in drawing next wealthy class – trailing Singapore: study

Hong Kong ranked seventh globally as a destination for attracting and retaining the next generation of high-net-worth individuals (HNWIs), trailing traditional rival Singapore in sixth place, according to a Savills study. The two top finance hubs in the Asia-Pacific region have been stepping up efforts to strengthen their positions as regional wealth-management hubs amid an unprecedented global transfer of wealth between generations. “Hong Kong offers many incentives similar to Singapore,”...

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