SCB EIC forecasts robust economic growth in Asia for 2026 fueled by global electronics cycle and AI

Thailand Business News - Oct 7, 2026

SCB EIC projects strong economic growth in Asia in 2026, driven by the accelerating global electronics cycle and AI investment. However, the region’s growth faces pressures from high energy prices, uncertainty surrounding US trade policy, and tighter financial conditions, impacting countries differently depending on their energy structure, export base, and role in the global AI […]

Read full article

More News

Hong Kong tech index to harness fast-growth companies in bid for better performance

Oct 7, 2026

Hong Kong tech index to harness fast-growth companies in bid for better performance

Hong Kong’s stock index compiler will add 10 fast-growing companies with at least HK$500 million (US$64 million) in annual sales into the city’s technology-focused benchmark in a bid to revitalise an index that has missed out on artificial intelligence-driven gains. The threshold is among a set of new measures Hang Seng Indexes Company will use to reform the Hang Seng Tech Index, which is referred to as Hong Kong’s answer to the Nasdaq but has lost its shine relative to global peers, falling 23...

EXPLAINER: What are the banking terms mentioned in VP Sara Duterte's impeachment trial?

Oct 7, 2026

EXPLAINER: What are the banking terms mentioned in VP Sara Duterte's impeachment trial?

The Senate impeachment court in its 35th day is still discussing the alleged unexplained wealth of Vice President Sara Duterte, with present discussions focusing on her and her husband"s bank accounts. The House prosecution panel presented representatives from various banks to testify on the matter. They were also asked to submit bank documents that confirm the bank accounts of the couple. Some terms mentioned may sound technical especially to those who are not familiar with the banking process.

Peso strengthens on lower unemployed data, closes at P62.75:$1

Oct 7, 2026

Peso strengthens on lower unemployed data, closes at P62.75:$1

The Philippine peso rallied against the US dollar on Wednesday amid positive sentiments arising from low unemployment figures.

Political noise, fake news hurting PH economy, says Palace exec

Oct 7, 2026

Political noise, fake news hurting PH economy, says Palace exec

Malacañang on Wednesday said that part of the reason for the Philippines" recent poor economic performance was because of the political noise caused by destabilizers, obstructionists, and fake news.

PSEi rebounds to 5,700 level on lower unemployment figures

Oct 7, 2026

PSEi rebounds to 5,700 level on lower unemployment figures

Share prices on the Philippine Stock Exchange (PSE) rebounded on Wednesday, with the main index rallying back to 5,700 level, as lower unemployment figures were cheered by the market.

Why Morgan Stanley sees more upside in Hong Kong offices than New York towers

Oct 7, 2026

Why Morgan Stanley sees more upside in Hong Kong offices than New York towers

Higher interest rates have weighed on property markets in both Hong Kong and New York, but Morgan Stanley sees greater upside potential in the Asian financial hub – particularly the office segment – in the months ahead, according to its latest report. The US investment bank highlighted the similarities between two of the world’s leading financial centres, pointing out that Hong Kong’s monetary policy moved in lockstep with the US Federal Reserve, while both cities faced limited land supply,...

Witness: VP Sara, husband, have 9 BPI accounts with P8 million in deposits as of 2025

Oct 7, 2026

Witness: VP Sara, husband, have 9 BPI accounts with P8 million in deposits as of 2025

Vice President Sara Duterte and her husband, Manases Carpio, have nine BPI bank accounts with a collective ending balance of P8 million as of 2025, a bank official said Wednesday.

Family offices branch out into private equity, infrastructure and alternative investments

Oct 7, 2026

Family offices branch out into private equity, infrastructure and alternative investments

Some financial analysts and wealth managers in recent years have suggested that the second- and third-generation leaders of family offices in Asia are moving away from the basic principles that helped to create and accumulate their existing assets, but that is not strictly accurate. Rather, just as the founding generation did, these investors look to assess available opportunities and adapt to circumstances as they build or adjust their portfolios to find the preferred balance between risk and...

DA, Dali eye farm-to-market deal to help farmers

Oct 7, 2026

DA, Dali eye farm-to-market deal to help farmers

The Department of Agriculture (DA) and retailer Dali Everyday Grocery are exploring a possible partnership that would allow Filipino farmers to bring their produce more directly to the market.

BPI Wealth trims 2026 growth outlook amid market volatility

Oct 7, 2026

BPI Wealth trims 2026 growth outlook amid market volatility

BPI Wealth, the trust management unit of the Bank of the Philippine Islands, on Wednesday said it now expects slower growth in its assets under management (AUM) than previously expected, amid market volatility.

Asian investors turn to housing, real assets as global tension shakes market confidence

Oct 7, 2026

Asian investors turn to housing, real assets as global tension shakes market confidence

Amid various macro uncertainties, interest in private credit declined sharply to 48 per cent from 71 – among alternative investments – while interest in real estate jumped to 52 from 39 per cent, according to the 2026 Asia Advisor Survey released today by financial technology company iCapital. This marks a sharp decline for private credit, which was the leading area of interest among Asian advisers in 2025. In addition to real estate, advisers are also turning to other real assets, with interest...

Moody's acquires minority stake in PhilRatings

Oct 7, 2026

Moody's acquires minority stake in PhilRatings

Moody"s is acquiring a minority stake in Philippine Rating Services Corporation (PhilRatings), making it the first global credit rating agency to invest in a Philippine credit rating agency, according to the US Embassy in the Philippines.

Recommended