Sluggish Chinese demand weighs on LVMH, as Louis Vuitton’s Molly Tea case casts a shadow

South China Morning Post - Oct 14, 2026

The world’s largest luxury group LVMH said Asia, excluding Japan, was the only region to suffer falling sales in the third quarter ending September and the biggest drag was a mid-teens slowdown in Chinese demand, amid a less buoyant macroeconomic environment. The Louis Vuitton, Dior, Bvlgari and Fendi’s parent group said Asia took a hit from a sharp macro-led deterioration in Chinese consumer sentiment, with tangible impact on discretionary expenses, the group said during an earnings call...

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PH FDI net inflows hit 6-month high $689M in July

Oct 14, 2026

PH FDI net inflows hit 6-month high $689M in July

MANILA, Philippines — Net foreign direct investment (FDI) inflows to the Philippines rose to a six-month high in July, though investor sentiment remained subdued amid economic uncertainties at home and abroad. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed FDI inflows outpaced outflows by $689 million during the month, the highest since January’s net

PH dollar deficit seen narrowing as exports gain

Oct 14, 2026

PH dollar deficit seen narrowing as exports gain

MANILA, Philippines — The Philippines is expected to post narrower dollar deficits this year and in 2027 than previously forecast, as stronger exports fueled by the global artificial intelligence boom bolster foreign exchange inflows, the Bangko Sentral ng Pilipinas (BSP) said. The central bank projected a balance of payments (BoP) deficit of $9.2 billion by year-end,

NTC says draft rules won’t disrupt used phone market

Oct 14, 2026

NTC says draft rules won’t disrupt used phone market

MANILA, Philippines — Filipinos will still be allowed to buy and sell their personal used mobile devices without securing government permits under proposed regulations covering the commercial trade of refurbished phones, the National Telecommunications Commission (NTC) clarified. On Tuesday, the regulator said its draft rules on the importation and sale of refurbished mobile devices would

SEC warns public against Maharlika Play offer

Oct 14, 2026

SEC warns public against Maharlika Play offer

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned the public against investing in Maharlika Play, an unregistered platform offering returns of up to 333 percent in 45 days through a scheme supposedly financing high-stakes gaming. In an advisory, the regulator said Maharlika Play had neither SEC registration as a corporation, partnership or

Are buybacks always good for shareholders?

Oct 14, 2026

Are buybacks always good for shareholders?

MANILA, Philippines — Stock buybacks have become more visible at the Philippine Stock Exchange in recent months as share prices have weakened. When companies announce buybacks, one common reason they cite is that their share price has fallen far below what management believes is its intrinsic value. For investors, this can sound like a positive signal

Toyota woos PUV sector with Tamaraw jeepney

Oct 14, 2026

Toyota woos PUV sector with Tamaraw jeepney

MANILA, Philippines — Toyota Motor Philippines Corp. is bringing its Tamaraw back into the public transport market, this time as a modernized jeepney, building on the utility vehicle’s earlier popularity as a platform for UV Express services. Unveiled on Tuesday, the Tamaraw’s modern public utility vehicle (PUV) variant is the latest addition to its growing range

IMF warns higher borrowing costs are straining public finances worldwide

Oct 14, 2026

IMF warns higher borrowing costs are straining public finances worldwide

Rising sovereign debt and borrowing costs have prompted a fresh warning from the International Monetary Fund (IMF) about risks to the fiscal health of member countries, with 24-year highs in US Treasury yields expected to become one of the focal topics for central bankers and finance ministers gathering in Bangkok this week. The average yield on 10-year government bonds across the Group of Seven economies increased by more than 1 percentage point between February and September this year,...

BIZ BUZZ: Japanese envoy’s special first stop

Oct 14, 2026

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MANILA, Philippines — Having arrived in Manila only last month, Japan’s new envoy to the Philippines already hit the ground running, and among his first stops was a rather fitting one. Before getting swept up in the whirlwind of diplomatic engagements that come with his new post, Ambassador Kitagawa Katsuro found himself on Tuesday at the

How Thailand Can Build Resilience Before the Next Shock

Oct 14, 2026

How Thailand Can Build Resilience Before the Next Shock

Thailand can strengthen economic resilience by choosing strategic roles in global value chains, building domestic suppliers and aligning industrial policy with national capabilities

Henderson banks on tenant ‘FOMO’ to fill up US$8b Central Yards project

Oct 14, 2026

Henderson banks on tenant ‘FOMO’ to fill up US$8b Central Yards project

Henderson Land Development is banking on demand for premium offices to support its HK$63 billion (US$8.03 billion) Central Yards project, as tenants gravitate towards top-tier buildings even while much of Hong Kong’s office market remains weak. Jane Street’s decision last year to take about 70 per cent of the office space in the first phase of the project has helped draw interest from other potential tenants, according to Tom Andrews, director and head of leasing and operations at Central Site 3...

Hong Kong completes pilot schemes to trade green products with exchanges in mainland China

Oct 13, 2026

Hong Kong completes pilot schemes to trade green products with exchanges in mainland China

Hong Kong Exchanges and Clearing (HKEX) has completed the first cross-border trading of green products under two pilot programmes with mainland exchanges in Guangzhou and Shenzhen separately, according to an executive. The exchange’s Core Climate platform has enabled 15 companies, including Airport Authority, China Power International Development, Bank of China (Hong Kong) and others, to purchase Green Electricity Certificates (GECs) through the Guangzhou Power Exchange Centre with a total...

Thailand Business News — Morning Briefing

Oct 13, 2026

Thailand Business News — Morning Briefing

14 October 2026 | Thailand, ASEAN & Global Markets Thailand’s technology-linked exports are benefiting from the global AI investment boom, but the IMF warns that this support is uneven and increasingly vulnerable to financial-market shocks. Today’s briefing examines Thailand’s opportunity to capture more value from AI, the revised global economic outlook and a sharp sell-off […]

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