PSEi rallies to 5,821.51 on bargain hunting, post-GCash listing

GMA Network - Oct 21, 2026

Share prices on the Philippine Stock Exchange continued their rally, supported by bargain hunting and post-GCash parent Mynt Inc."s public listing, which boosted investor interest.

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A 2027 turning point? Goldman, Citi see stabilising signs in China’s housing market

Oct 21, 2026

A 2027 turning point? Goldman, Citi see stabilising signs in China’s housing market

As China’s housing market downturn enters its fifth year, global investment banks including Goldman Sachs and Citi say they expect the sector to pivot as soon as 2027, with expectations fuelled by signs of shrinking supply and robust sales over the National Day holiday in early October. Citi holds a positive view on the sector and saw 2027 as a pivotal year for home price recovery in Beijing, Shanghai and Shenzhen. Home prices in China hit their lowest point in June 2024, according to...

China eases uncertainty over offshore trust taxes before grace period ends

Oct 21, 2026

China eases uncertainty over offshore trust taxes before grace period ends

China’s tax authorities are accepting reasonable explanations when enforcing new rules on offshore trust gains, according to an executive who says their appeal was successful, offering some reassurance as a 90-day grace period expires on Thursday. The approach appears to be translating into greater clarity from regulators. Earlier this week, the State Taxation Administration published a question-and-answer series that suggested Beijing was implementing the rules in line with international...

DeepSeek seeks ‘total victory’ over closed-source AI with new open-source tool

Oct 21, 2026

DeepSeek seeks ‘total victory’ over closed-source AI with new open-source tool

Chinese artificial intelligence start-up DeepSeek has fully open-sourced an internally developed framework designed to run AI models efficiently, as a senior researcher at the company described the growing divide between open-source and closed-source AI as a battle between “light and darkness”. The company on Tuesday released DeepInfer, an inference framework tailored to support its DeepSeek-V4.1-Flash model on both Nvidia’s SM100 Blackwell graphics processing units (GPUs) and Huawei...

Thai PM Orders Nationwide Crackdown on Illegal Nominee Land Holdings

Oct 21, 2026

Thai PM Orders Nationwide Crackdown on Illegal Nominee Land Holdings

Prime Minister Anutin Charnvirakul has initiated a nationwide operation against illegal nominee landholdings, targeting 1,397 entities. He aims to enforce laws, investigate beneficial owners, and prevent future violations by December 2026. Key Points Prime Minister and Minister of Interior Anutin Charnvirakul has launched a nationwide operation targeting suspected illegal nominee landholdings. He has directed authorities […]

Surveyors say presales at Pak Shing Kok residential project could begin in 2028

Oct 21, 2026

Surveyors say presales at Pak Shing Kok residential project could begin in 2028

New World Development and China Merchants Land broke ground recently on a joint residential project in Pak Shing Kok, Tseung Kwan O, with presales expected to begin as early as 2028, when surveyors say pricing pressure may have eased. James KT Cheung, executive director of the valuation department at Centaline Surveyors, said property prices remain lower than they were in 2022, when the consortium won the project. “If property prices can recover to 2022 levels by the time the Pak Shing Kok...

DA: Pork prices unlikely to rise in Christmas due to enough supply

Oct 21, 2026

DA: Pork prices unlikely to rise in Christmas due to enough supply

The price of pork is unlikely to rise leading up to the Christmas season as the country has enough supply, the Department of Agriculture (DA) said Wednesday.

Peso touches 63.23:$1 on intraday trading

Oct 21, 2026

Peso touches 63.23:$1 on intraday trading

The Philippine peso touched a new historic low during the intraday trading on Wednesday, further extending its nosedive beyond P63 per dollar.

Thailand Business News — Wednesday, 21 October 2026 | Thailand, ASEAN & Global Markets

Oct 21, 2026

Thailand Business News — Wednesday, 21 October 2026 | Thailand, ASEAN & Global Markets

Thailand has approved additional financial support for flood-affected households and businesses, while global technology markets face a growing divide between surging demand for AI computing and concerns about the cost of building the infrastructure behind it

PH’s Best Employers 2027 unveiled

Oct 21, 2026

PH’s Best Employers 2027 unveiled

MANILA, Philippines — The Bureau of Fire Protection (BFP) has once again emerged on top, leading the Philippines’ Best Employers list for 2027 and building on its first-place finishes in 2024 and 2026. The government agency ranked first with a score of 100 in the latest edition of the study, a joint undertaking of the

Harnessing the power of generations

Oct 21, 2026

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MANILA, Philippines — It is not unusual these days to find as many as four generations working closely together. From baby boomers to Generation X, millennials and Generation Z, these cohorts come with different backgrounds, propensities and attitudes toward work. That combination makes for a dynamic workplace, but could also lead to friction and conflict. Thus,

Developing a winning workplace culture the BSP way 

Oct 21, 2026

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MANILA, Philippines — A winning culture at the Bangko Sentral ng Pilipinas (BSP) begins with a shared sense of purpose among its employees: to serve the Filipino people through active pursuit of the institution’s mandates. From helping manage inflation to regulating banks and other financial institutions and supervising the country’s payments and settlements system, among

Getting the human side of human resources right

Oct 21, 2026

Getting the human side of human resources right

MANILA, Philippines — A meaningful part of a person’s life unfolds at work. Confidence is built there. Ambitions take shape. An employer’s decisions reach into households, influence family plans, and help determine how securely someone can look toward the future. In 2026, Newport World Resorts employs more than 4,500 team members and another 1,700 people

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