Panga leaves PEZA with record P315.5B investment yield

GMA Network - Nov 13, 2026

Philippine Economic Zone Authority (PEZA) Director General Teresa Panga on Friday confirmed he is leaving the country"s second largest investment promotion agency.

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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 disrupts workers in Hong Kong’s financial sector

Nov 13, 2026

Microsoft Outlook outage disrupts workers in Hong Kong’s financial sector

The temporary outage of Microsoft’s office software Outlook disrupted employees’ work in Hong Kong’s financial sector on Friday morning. Some bankers from Goldman Sachs and Nomura said their work had been disrupted, the South China Morning Post learned. Many in Central, Hong Kong’s main financial district, had to work offline after the email service was down. “We haven’t been able to send or receive emails since the early hours of this morning, and the problem is still ongoing,” a Nomura...

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

Nov 13, 2026

Hong Kong looks to attract wider 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...

Nvidia appoints CFO Colette Kress as interim CEO after Jensen Huang's exit

Nov 13, 2026

Nvidia appoints CFO Colette Kress as interim CEO after Jensen Huang's exit

Following Nvidia NVDA.O CEO Jensen Huang's resignation, Chief Financial Officer Colette Kress will take over as interim CEO as Nvidia looks for a permanent successor, considering both internal and external candidates, the company said on Thursday.

Thailand Business News | Morning Briefing | Thailand · ASEAN · Asia-Pacific markets

Nov 13, 2026

Thailand Business News | Morning Briefing | Thailand · ASEAN · Asia-Pacific markets

13 November 2026 Editorial outlook Today’s developments point to five interconnected trends shaping Thailand and the wider Asian economy: Priority for Thailand: The immediate opportunity is to translate foreign investment and regional cooperation into domestic productivity, skilled employment, industrial upgrading and more resilient supply chains. Thailand Positions Board of Investment at the Core of FastPass […]

Slow GDP growth tests BSP resolve on inflation

Nov 13, 2026

Slow GDP growth tests BSP resolve on inflation

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) acknowledged that the country was grappling with a difficult mix of high inflation and sluggish economic growth, while stressing that its future policy decisions would remain guided by incoming data. In a statement on Wednesday evening, the central bank said it remained committed to fulfilling its mandate

BSP keeps cap on credit card finance charges

Nov 13, 2026

BSP keeps cap on credit card finance charges

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has decided to keep the current cap on finance charges that credit card issuers can collect from borrowers, but raised the fees for installment loans and cash advances. In a statement, the BSP said the move was meant to protect consumers while providing credit card issuers more

PSA: Investment pledges surged 83% in Q3 to P628B

Nov 13, 2026

PSA: Investment pledges surged 83% in Q3 to P628B

MANILA, Philippines — Investments committed by Filipino and foreign investors rose sharply in the third quarter, reaching P628.19 billion as pledges from overseas investors more than doubled during the period. Latest data from the Philippine Statistics Authority (PSA) showed that investment commitments approved from July to September surged by 82.7 percent from P343.81 billion in the

New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources

Nov 13, 2026

New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources

Hong Kong property developer New World Development plans to raise about HK$25 billion (US$3.19 billion) through a rights issue, with the Cheng family underwriting the offering as the debt-laden company seeks to strengthen its balance sheet, according to people familiar with the matter. HSBC was arranging the fundraising, which was expected to carry a steep discount to the prevailing share price, sources said. They described the scale as “very substantial”. Chow Tai Fook Enterprises and the...

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