Thailand permits alcohol sales at five types of venues during Buddhist holidays

Thailand Business News - Nov 7, 2026

Thailand revised alcohol regulations to allow sales at specific venues on major Buddhist holidays, maintaining a general prohibition elsewhere.

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PH sets investment pitch at Asean meet

Nov 7, 2026

PH sets investment pitch at Asean meet

The Philippines will seek to drum up investments in agriculture, energy, advanced manufacturing and the digital economy as regional business leaders and investors gather in Manila for the Association of Southeast Asian Nations (Asean) Business and Investment Summit on Nov. 14 and Nov. 15. Also on Friday, the Department of Foreign Affairs (DFA) confirmed the

Big oil price cuts seen, tied to Trump poll rout

Nov 7, 2026

Big oil price cuts seen, tied to Trump poll rout

The motoring public is expected to get a big break from elevated fuel prices over renewed optimism that the Middle East war will end after Democrats won control of the United States Congress. Jetti Petroleum president Leo Bellas said gasoline prices may significantly drop by P12.50 to P13.50 per liter starting Nov. 10. He noted

PH sugar industry leaders firm on export ban despite increased US quota

Nov 7, 2026

PH sugar industry leaders firm on export ban despite increased US quota

BACOLOD CITY—Despite securing an additional 9,151 metric tons (MT) of raw sugar export quota from the United States for fiscal year 2027, industry leaders on Wednesday reiterated their opposition to exporting domestic sugar during the current crop year. This allocation is part of the 1.12 million MT under the US tariff-rate quota system for fiscal

Economists warn that 86% of Thais are not ready for retirement.

Nov 7, 2026

Economists warn that 86% of Thais are not ready for retirement.

Economists caution that 86% of Thais lack retirement preparedness, emphasizing the need for earlier savings and investments due to increasing life expectancies.

Former Evergrande economist faces WeChat gag order after ‘buy the dip’ call

Nov 7, 2026

Former Evergrande economist faces WeChat gag order after ‘buy the dip’ call

Amid a bear market in China’s stock exchanges, Ren Zeping, the high-profile independent economist famed for his prescient call on China’s A-share bull market, is once again in the spotlight for a “gag order” on his social media, though industry insiders say that the move by the platform was not unexpected. Since October 24, Ren Zeping’s WeChat official account “Zeping Macro” could no longer be retrieved via search and would not accept new subscribers. The same restriction applied to his WeChat...

Q3 PH farm output slumps by hefty 5%

Nov 7, 2026

Q3 PH farm output slumps by hefty 5%

MANILA, Philippines — The sharp drop in palay and corn output due to weather disturbances and high input costs pulled down the country’s total farm production in the third quarter by a hefty 5 percent to P389.42 billion, according to the Philippine Statistics Authority (PSA). Data from the statistics agency showed that the value of agriculture

PH jobless rate inched up to 5.4% in Sept

Nov 7, 2026

PH jobless rate inched up to 5.4% in Sept

MANILA, Philippines — The Philippines’ unemployment rate rose modestly in September as job creation failed to keep pace with the growing labor force, pointing to mixed conditions in the country’s labor market. The Philippine Statistics Authority (PSA) on Friday said the jobless rate inched up to 5.4 percent of the labor force in September from 5.3

Poll: Q3 GDP seen accelerating to 2.8% as spending picks up

Nov 7, 2026

Poll: Q3 GDP seen accelerating to 2.8% as spending picks up

MANILA, Philippines — The Philippine economy could snap a four-quarter streak of slowing growth in the third quarter on the back of improving government spending and resilient exports, though the expansion is likely to remain subdued amid continued weakness in domestic demand. Gross domestic product (GDP) likely accelerated to 2.8 percent in the third quarter

PH banks remain resilient despite rise in NPLs, says BSP

Nov 7, 2026

PH banks remain resilient despite rise in NPLs, says BSP

MANILA, Philippines — Philippine banks remained in good shape in the first half of the year despite a rise in bad loans, with the Bangko Sentral ng Pilipinas (BSP) citing strong earnings, ample liquidity, adequate capital and stable funding as key buffers. In its latest Report on the Philippine Financial System for the First Semester of

Deutsche Bank raises 2026 PH inflation forecast to 5.9%

Nov 7, 2026

Deutsche Bank raises 2026 PH inflation forecast to 5.9%

MANILA, Philippines — German lender Deutsche Bank raised its full-year inflation forecast for the Philippines to 5.9 percent following the faster-than-expected October consumer price jump, though it maintained that the Bangko Sentral ng Pilipinas (BSP) has little need to raise interest rates again as price pressures remain concentrated rather than broad-based. In a note, Deutsche Bank

Robinsons Land sustains momentum with P13.4-B profit

Nov 7, 2026

Robinsons Land sustains momentum with P13.4-B profit

MANILA, Philippines — Robinsons Land Corp. (RLC) increased its consolidated net income by 11 percent to P13.4 billion in the January to September period, following the steady growth across its businesses. RLC on Friday said that its consolidated revenues in the first nine months went up by 8 percent to P38.5 billion. READ: Robinsons Land infuses

Converge earnings slipped to P8.1B at end-September

Nov 7, 2026

Converge earnings slipped to P8.1B at end-September

MANILA, Philppines — Converge ICT Solutions Inc. saw its bottom line dip in the first three quarters of 2026, as rising costs offset modest revenue gains fueled by its booming enterprise business. On Friday, the fiber connectivity provider reported a net income after tax of P8.1 billion for the January-to-September period, down 9.1 percent year-on-year from

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