Thailand faces a fresh LNG squeeze as Hormuz crisis pushes prices toward US$28/MMBtu

Thailand Business News - Sep 22, 2026

Thailand is confronting a renewed energy-security challenge as the crisis around the Strait of Hormuz pushes global LNG prices to about US$28 per million British thermal units, close to levels seen during the Russia-Ukraine energy shock.

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JAKARTA, Indonesia — Regional energy leaders are pushing to realize the $764-billion power grid as they call for stronger ties between nations in Southeast Asia amid rising electricity demand. Warit Rattanachuen, deputy governor of the Electricity Generating Authority of Thailand, said members of the Association of Southeast Asian Nations (Asean) have been beefing up their

185 Years of Private Banking Heritage, A Legacy of Forward-thinking Stewardship 

Sep 22, 2026

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[The content of this article has been produced by our advertising partner.] The J. Safra Group, “the Group”, approaches its landmark 185th anniversary uniquely positioned to meet the demands of a changing financial landscape. Through Bank J. Safra Sarasin, the Group seamlessly blends historical heritage with strategic transformation. The recent acquisition of Saxo Bank equips Bank J. Safra Sarasin with a cutting-edge digital platform and serves as a catalyst for a profound evolution in its...

EU, Philippines hail ‘breakthrough’ in trade deal talks

Sep 22, 2026

EU, Philippines hail ‘breakthrough’ in trade deal talks

BRUSSELS, Belgium — The European Union and the Philippines said Tuesday that the two sides made a “breakthrough” in their talks on a long-awaited free trade deal. Brussels and the Philippines “reached substantial agreement on a Free Trade Agreement (FTA), marking a significant milestone for both sides,” EU trade chief Maros Sefcovic and Philippine trade secretary

China’s Hygon moves beyond data centres with embedded processors for robotics, edge AI

Sep 22, 2026

China’s Hygon moves beyond data centres with embedded processors for robotics, edge AI

Chinese chipmaker Hygon Information Technology on Tuesday launched a suite of central processing units (CPUs) for robotics and industrial edge devices, expanding beyond cloud computing and into the fast-growing market for physical artificial intelligence. The firm unveiled its Hygon 1000 series processors, designed to be embedded into physical devices in industrial automation systems such as robotics and factory controllers, enabling computing and graphics processing to be handled locally. Built...

Visayas brownouts possible amid tight supply

Sep 22, 2026

Visayas brownouts possible amid tight supply

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Senate takes up system loss charge: 'Electricity is not a luxury'

Sep 22, 2026

Senate takes up system loss charge: 'Electricity is not a luxury'

The Senate on Tuesday took up the bill removing the system loss charge in consumers" electric bills during the session, with many senators backing the measure.

DOF chief signs resolution on suspension of LPG, kerosene excise tax

Sep 22, 2026

DOF chief signs resolution on suspension of LPG, kerosene excise tax

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PlayTime Entertainment expands footprint as Manila Fashion Week partner

Sep 22, 2026

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Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds

Sep 22, 2026

Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds

Global biofuels output is expected to surge nearly 70% by 2030 from 2025 levels as major producing countries push ahead with raising blending mandates in response to the energy crisis.

Some family offices eyeing Chinese investments as US-China tensions ease: report

Sep 22, 2026

Some family offices eyeing Chinese investments as US-China tensions ease: report

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China’s Huawei trims mobile chip gap with Apple as Tau Scaling Law pays off: Bernstein

Sep 22, 2026

China’s Huawei trims mobile chip gap with Apple as Tau Scaling Law pays off: Bernstein

Huawei Technologies’ latest smartphone processor, the Kirin 9050 Pro, unveiled earlier this month, has narrowed its gap with Apple’s chips to about three years, from roughly four years in the previous generation, according to equity research firm Bernstein. The chip, which Bernstein estimated was produced using technology equivalent to a 7-nanometre process node, outperformed Apple’s 3nm A17 Pro in Geekbench 6 multicore tests, a widely used benchmark that measures how effectively processors...

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