PAGASA discourages bottled water hoarding amid Super El Niño threat

GMA Network - Oct 4, 2026

State weather bureau PAGASA on Sunday advised the public to avoid hoarding bottled water amid the threat of the looming record-breaking El Niño.

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Citigroup gets Beijing’s approval for wholly owned securities firm in China

Oct 23, 2026

Citigroup gets Beijing’s approval for wholly owned securities firm in China

US bank Citigroup has received approval to set up a wholly foreign-owned securities firm in mainland China, allowing the lender to pursue more opportunities in one of the world’s largest capital markets. The long-awaited green light was given by the China Securities Regulatory Commission (CSRC) on Friday, and ahead of an expected meeting between President Xi Jinping and US President Donald Trump on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit in Shenzhen next month. The...

Hong Kong life insurance sales up 58% in first half but tax crackdown threatens momentum

Oct 23, 2026

Hong Kong life insurance sales up 58% in first half but tax crackdown threatens momentum

Life insurance sales in Hong Kong rose 58 per cent in the first half of this year to another record high as affluent mainland and overseas customers continued to buy policies in the city for wealth transfer, protection and medical needs. It was the fourth consecutive year in which first half sales hit a record high. The industry wrote HK$275.16 billion (US$35.3 billion) worth of new life insurance policies in the first half, compared with HK$173.7 billion a year earlier, according to data from...

China’s humanoid robots hunt for work in South Korea as Seoul bets on physical AI

Oct 23, 2026

China’s humanoid robots hunt for work in South Korea as Seoul bets on physical AI

This article was first published by The Korea Times in a partnership with the South China Morning Post. Chinese humanoid robot makers are accelerating efforts to gain a foothold in South Korea, moving beyond dance performances and showroom displays to factory trials and commercial deployments, as Seoul ramps up investment in physical artificial intelligence. A growing number of Chinese robotics companies – including Hong Kong-listed UBTech Robotics, start-up Anyverse Dynamics, Shanghai-based...

BIZ BUZZ: Pagcor bets on app to curb illegal gambling

Oct 23, 2026

BIZ BUZZ: Pagcor bets on app to curb illegal gambling

MANILA, Philippines — The Philippine Amusement and Gaming Corp. (Pagcor) is upping the ante against illegal online gambling, giving players a new way to tell which sites are playing a fair hand. In its latest bet on technology, Pagcor said it was developing a mobile app that could be in players’ hands as early as

Market sell-off, tax scrutiny and growth: key figures shaping investor sentiment

Oct 23, 2026

Market sell-off, tax scrutiny and growth: key figures shaping investor sentiment

As regional equities tumbled and hopes for investor stimulus faded, the Hang Seng Index fell to a seven-month low. Attention also remained focused on Beijing’s intensified scrutiny of offshore wealth and tax compliance. Macroeconomic data pointed to steady, if uneven, domestic momentum. Here are the core figures capturing market attention this week. Hong Kong stocks suffer steepest drop in 7 months The Hang Seng Index sank 3.03 per cent in a single session to 22,934.68 points, its worst...

DTI: Price freeze on basic goods until year-end

Oct 23, 2026

DTI: Price freeze on basic goods until year-end

MANILA, Philippines — Filipino consumers can expect no further price increases on basic goods until the end of the year, as manufacturers have agreed to hold off on raising prices despite mounting input costs amid still-elevated oil prices. Trade Secretary Cristina Roque said on Thursday that manufacturers of basic necessities and prime commodities (BNPCs) made

PNB 9M net income up 15%

Oct 23, 2026

PNB 9M net income up 15%

The Philippine National Bank (PNB) on Friday reported a 15% growth in its net income for the first nine months of the year, as lending posted double-digit growth during the period.

Beijing tightens rules on outbound capital to better shield Chinese assets

Oct 23, 2026

Beijing tightens rules on outbound capital to better shield Chinese assets

China has unveiled a revised rule for regulating outbound investment, requiring investors to report major adverse developments more diligently, including foreign demands to hand over technology or dispose of stakes. The new rule, announced by the National Development and Reform Commission (NDRC) on Thursday, aimed to better prevent and mitigate rising overseas risks and protect Chinese interests, according to the economic planner. “In recent years, a small number of countries and regions have...

British Chamber sees strong investment potential in PH but reforms needed

Oct 23, 2026

British Chamber sees strong investment potential in PH but reforms needed

The Philippines remains an attractive destination for British investments despite the challenges involving corruption, bureaucracy, and rising costs, according to the British Chamber of Commerce Philippines, which is calling for stronger legislation, improved infrastructure, and continued economic reforms.

What sector-specific licenses are required for foreign investors in Indonesia?

Oct 23, 2026

What sector-specific licenses are required for foreign investors in Indonesia?

Foreign investors need sector-specific approvals, licenses, and certifications based on activities, sector regulations, and product or facility requirements.

China’s Growth Rebounds While Home-Price Slump Eases

Oct 23, 2026

China’s Growth Rebounds While Home-Price Slump Eases

China's economy grew faster than expected in Q3, and September home prices declined at a slower rate.

Chinese stocks bounce back from bear market on suspected state support

Oct 23, 2026

Chinese stocks bounce back from bear market on suspected state support

Chinese stocks rebounded on Friday after a sell-off drove the benchmark index into a bear market, as surging trading volumes in the nation’s biggest exchange-traded funds (ETFs) pointed to possible state buying and major companies at the centre of the artificial intelligence trade sought to soothe investors. The CSI 300 Index rose 1.7 per cent to 4,105.33 at the close, reversing an earlier decline of as much as 2 per cent. Turnover in several key ETFs tracking the gauge surged, suggesting that...

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