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

Thailand Business News - Oct 21, 2026

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

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Retention after hiring: How to make new hires stay

Oct 21, 2026

Retention after hiring: How to make new hires stay

MANILA, Philippines — In hiring an executive, the signed offer letter is often treated as the finish line. After years of placing leaders across Philippine and regional organizations at Viventis Search Asia, I have come to see it differently. The offer is only the starting line. The real measure of a good hire is not whether

Winning companies begin with leadership

Oct 21, 2026

Winning companies begin with leadership

MANILA, Philippines — What makes a company a great place to work? Is it compensation, benefits, career opportunities or a pleasant working environment? All these matter. But after more than five decades in business, I have come to look at the relationship between happiness and performance somewhat differently. A productive employee is a happy employee. Not

AGRIBANK Named Among Philippines’ Best Employers 2027

Oct 21, 2026

AGRIBANK Named Among Philippines’ Best Employers 2027

MANILA, Philippines — Agribusiness Banking Corporation – A Rural Bank (ABC-RB), known as AGRIBANK, has been named among the Philippines’ Best Employers 2027 by Statista and the Inquirer. The bank described the recognition as meaningful, saying it reflects the collective efforts of its employees and its commitment to a positive and supportive workplace. It also saw

Cardinal Health International Philippines Advances Child Wellness Through Nutritious Meals, Digital Access, and Employee-Led Community Programs

Oct 21, 2026

Cardinal Health International Philippines Advances Child Wellness Through Nutritious Meals, Digital Access, and Employee-Led Community Programs

MANILA, Philippines — Digital access is growing in the Philippines, but the divide remains real. In 2024, fewer than half of Filipino households had internet access at home. By 2025, DepEd reported that nearly seven in ten schools still had below-ideal student-to-device ratios. For many learners, access to a computer at school can be an

BPI, DMCI Homes simplify payments for US-based buyers

Oct 21, 2026

BPI, DMCI Homes simplify payments for US-based buyers

MANILA, Philippines — Bank of the Philippine Islands (BPI) has partnered with DMCI Homes to let its US-based property buyers pay through their American bank accounts, simplifying overseas payments and the developer’s collections. On Tuesday, the Ayala-led bank said DMCI Homes is the first developer to use its overseas collection arrangement (OCA), which combines digital enrollment,

GCash debuts on PSE with record P53-B IPO

Oct 21, 2026

GCash debuts on PSE with record P53-B IPO

MANILA, Philippines — GCash parent Mynt Inc. debuted on the Philippine Stock Exchange (PSE) on Tuesday following a P53-billion initial public offering (IPO), the largest in Philippine history, drawing strong demand from local and institutional investors. Shares opened at their P6.60 offer price under the ticker “GCASH.” READ: GCash IPO: 3 Ways Mynt’s Stock Market Debut

Higher electricity demand seen in 2027

Oct 21, 2026

Higher electricity demand seen in 2027

MANILA, Philippines — A Department of Energy official said Tuesday that the super El Niño will drive power demand above this year’s levels in 2027. Based on data from the DOE, electricity demand for next year may reach 22,231 megawatts (MW). The figure is significantly stronger than this year’s forecast, which may range from 17,993 MW

PH auto sales revved up in September

Oct 21, 2026

PH auto sales revved up in September

MANILA, Philippines — The Philippine automotive market showed signs of a fightback in September, with sales jumping 20.6 percent from the previous month, although they remained below year-ago levels as consumers continued to feel the pinch from the war in the Middle East. A total of 35,722 vehicles were sold in September, down 5.8 percent

DA delays inspection facility construction to next year

Oct 21, 2026

DA delays inspection facility construction to next year

MANILA, Philippines — Increasing costs forced the Department of Agriculture (DA) to delay construction of inspection facilities in strategic areas nationwide to 2027, from the original schedule this year. Under the 2026 national budget, the DA received P1.2 billion to build cold examination facilities in agriculture (CEFAs) in Manila, Subic, and Davao. READ: DA eyes Subic

DTI races to secure trade deals amid China row

Oct 21, 2026

DTI races to secure trade deals amid China row

MANILA, Philippines — Manila is pushing to conclude several free trade agreements (FTAs) before the end of the year, as a worsening diplomatic dispute with China raises questions about the potential implications for trade between the two countries. Any disruption to trade between Manila and Beijing could have significant implications for the Philippines, which relies heavily

Sugar sector opposes tax hike amid El Niño, pest threats

Oct 21, 2026

Sugar sector opposes tax hike amid El Niño, pest threats

MANILA, Philippines — The sugar industry is urging the Department of Finance (DOF) to reconsider its proposal to raise the excise tax on sweetened beverages, warning that the increase could further hurt local producers already grappling with pest infestations, El Niño, and other production challenges. On Tuesday, the Philippine Sugar Millers Association Inc. (PSMA) said in a

More MROs coming to Clark airport, says BCDA

Oct 21, 2026

More MROs coming to Clark airport, says BCDA

MANILA, Philippines — Lufthansa Technik Philippines will not be the last maintenance, repair and overhaul (MRO) provider to set up shop at Clark International Airport, as the government is eyeing an agreement with another European company as early as November. Bases Conversion and Development Authority (BCDA) President and CEO Joshua Bingcang said a prospective investor

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