Philippine stocks rebounded Wednesday, lifted by bargain-hunting following market weakness in previous sessions.
Nov 4, 2026
Chinese listed firms’ third-quarter dividend payments lag behind the global average, according to a report by Capital Group, throwing doubt over the effectiveness of Beijing’s ongoing stock market stabilisation plans. In China, dividends only rose 5.3 per cent on a core basis in the third-quarter, compared with global growth of 7.5 per cent, according to the Dividend Watch report released by Capital Group on Wednesday. Globally, 88 per cent of companies in the Capital Group index increased...
Telecom giant PLDT Inc. has officially appointed Isla Lipana & Co./PwC Philippine, a member firm of the PricewaterhouseCoopers (PwC) network, as its independent external auditor, replacing its long-time auditing partners SyCip Gorres Velayo & Co. (SGV & Co.), which resigned after 24 years.
The Philippines is the leading buyer of Cambodian milled rice among Southeast Asian countries in 2026 as Manila seeks to diversify its sources of imported rice, the United States Department of Agriculture (USDA) said.
Chinese investors refrained from bets on stocks this week, even after Beijing unveiled a litany of measures to shore up confidence in the world’s second-largest equity market. Leveraged traders trimmed their holdings to a one-year low this week, while new stock-account openings dropped by more than 30 per cent in October, according to official data. The retreat in retail enthusiasm contrasted with the government ramping up its efforts to prop up stocks, including liquidity injections through two...
State-run Land Bank of the Philippines (LandBank) on Wednesday reported an 8% increase in net income in the first nine months of the year, driven by the expansion of its core banking operations.
The Thai government plans a pilot special regime for Khao San and Rambuttri roads to improve nightlife venue compliance, addressing outdated zoning laws and promoting legal operations in Bangkok.
Today's briefing examines Thailand's automotive tax restructuring, Japan's semiconductor industry consolidation, Hong Kong's stronger-than-expected economic growth, China's latest financial-market intervention and Grab's improving profitability across Southeast Asia.
The Department of Trade and Industry (DTI) on Wednesday assured consumers that manufacturers would maintain the product quantities of 190 monitored basic necessities and prime commodities, ruling out "shrinkflation" among products covered by commitments to keep prices unchanged.
Private banking giant Julius Baer expects Asia to play a major role in its growth in the near term as investors seek diversification amid rising AI risks in the US, according to its chief executive. “The AI bubble is building and lots of people are very nervous about how much AI risk they have,” Julius Baer group CEO Stefan Bollinger said in an interview in Hong Kong on Tuesday. Investors who have long been “over-indexed” to the US dollar and US equities now face increased exposure, as...
MANILA, Philippines — Philippine factory activity contracted further in October as manufacturers grappled with weak demand at home and abroad, while unusually hot weather linked to the ongoing El Niño episode weighed on production. The country’s Purchasing Managers’ Index (PMI), a gauge of manufacturing activity, fell to 49.1 in October from 49.6 in September, according to
MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) expects to award soon the P14.8-billion contract to operate the water and wastewater facilities in New Clark City to the original proponents, Maynilad Water Services Inc. and Korea Water Resources Corp. (K-Water). This, after the unsolicited project received no competing bids during the Swiss challenge period,
MANILA, Philippines — Companies backed by tycoons Enrique Razon Jr. and Ramon Ang are among the nine groups on track to secure contracts through the government’s special auction for waste-to-energy (WTE) projects, the Department of Energy (DOE) said. The DOE on Tuesday identified the potential winning bidders, with the auction round logging a combined offer capacity