Thailand Unveils 2030 Vision for High-Value, Sustainable Tourism at WTM London

Thailand Business News - Nov 6, 2026

TAT unveiled Thailand's sustainable tourism vision at WTM London 2026, focusing on high-value travel, greener destinations, and community benefits.

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US midterm results may cut fuel prices by up to P13.50/L

Nov 6, 2026

US midterm results may cut fuel prices by up to P13.50/L

MANILA, Philippines — Motorists will breathe a sigh of relief next week as fuel prices may drop amid renewed optimism that the Middle East war will end after Democrats won control of the United States (US) Congress.   Jetti Petroleum president Leo Bellas said gasoline prices may significantly drop by P12.50 to P13.50 per liter starting

AI bubble bursts, fifth plenum resolution, Singles’ Day

Nov 6, 2026

AI bubble bursts, fifth plenum resolution, Singles’ Day

China’s stocks pared weekly gains and the benchmark 10-year bond hit a record low as the global artificial intelligence (AI) stock bubble burst following the US Democrats’ landslide win in midterm elections. The CSI 300 equity index fell 1.4 per cent, weighed down by AI-related shares. Hong Kong’s Hang Seng Index dropped 1.3 per cent. The yield on China’s 10-year sovereign bond touched an intraday low of 1.58 per cent, according to Bloomberg, spurred by investor demand for safe-haven assets and...

Peso retreats back to P63:$1; PSEi falls to 5,761.95

Nov 6, 2026

Peso retreats back to P63:$1; PSEi falls to 5,761.95

Philippine financial markets ended the trading week on a negative note, with the peso retreating back to the P63:$1 level, and local shares edging lower.

Dutch asset manager Robeco planning to expand presence in Hong Kong

Nov 6, 2026

Dutch asset manager Robeco planning to expand presence in Hong Kong

Dutch asset management firm Robeco is planning to expand its presence in Hong Kong to ride the robust wave of wealth creation in the Asia-Pacific region, CEO Karin van Baardwijk said this week. The Rotterdam-headquartered firm, which had client assets totalling US$464 billion in June, would move into a bigger office “very soon”, van Baardwijk said in an interview. She said Asia was one of “the fastest-growing” wealth markets and Hong Kong had demonstrated its “enduring role as a genuinely global...

From finance summit to AI-driven stock rout: 5 figures investors are watching in China

Nov 6, 2026

From finance summit to AI-driven stock rout: 5 figures investors are watching in China

China’s state intervention in the struggling market accelerated this week, even before the US midterm results gave global markets a jolt. Meanwhile, global executives gathered in Hong Kong to discuss issues ranging from the AI trade to asset diversification and wealth management, amid the city’s better-than-expected quarterly economic expansion. Below are key figures catching market attention this week: Over 300 global executives gathered in Hong Kong The Global Financial Leaders’ Investment...

From loans to equity stakes: Maharlika's investments so far

Nov 6, 2026

From loans to equity stakes: Maharlika's investments so far

From providing loans to businesses to acquiring stakes in local companies, Maharlika Investment Corp. (MIC) -- which manages the Philippine sovereign wealth fund -- has deployed its capital across various sectors of the economy.

DOLE bats for better job matching, youth employability

Nov 6, 2026

DOLE bats for better job matching, youth employability

The Department of Labor and Employment (DOLE) said that while there were some gains in the job market, more opportunities are needed after unemployment rate uptick.

Hong Kong property investors buck Asia-Pacific buying shift, survey shows

Nov 6, 2026

Hong Kong property investors buck Asia-Pacific buying shift, survey shows

Hong Kong’s property market is bucking a wider shift towards selling across Asia-Pacific, with three-quarters of market professionals reporting stronger buying intentions among their clients, even as rising borrowing costs are making investors across the region more cautious. About 75 per cent of respondents in Hong Kong reported stronger buying intentions in the third quarter, up from 71 per cent in the first quarter, making the city an outlier in a region where more investors are looking to...

Groups dispute warnings of PH economy at risk if China ties sour

Nov 6, 2026

Groups dispute warnings of PH economy at risk if China ties sour

MANILA, Philippines — Consumer and civil society groups on Thursday challenged business organizations to substantiate warnings that worsening Philippine-China relations could cost millions of Filipino jobs, cautioning against using economic fears to discourage the country from defending its sovereignty. CitizenWatch, Konsyumer At Mamamayan (KM), Bantay Konsyumer, Kuryente, Kalsada (BK3) and Democracy Watch issued separate statements

Inflation jumps to three-year high of 7.8% in October

Nov 6, 2026

Inflation jumps to three-year high of 7.8% in October

MANILA, Philippines — Inflation sizzled to its hottest level in more than three years in October, driven by higher transport fares, rising energy costs and more expensive rice. The Philippine Statistics Authority reported on Thursday that the consumer price index rose 7.8 percent from a year earlier. This marked the fastest pace since February 2023,

Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence

Nov 6, 2026

Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence

Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty. The outlook for the final quarter is also challenging, the Hong Kong Monetary Authority (HKMA) said on Friday. Earnings totalled HK$18.6 billion (US$2.4 billion) in the quarter, plunging from HK$70.8 billion a year earlier. For the first nine months of 2026, total earnings slid 39.6 per cent from a year earlier to HK$171.9...

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