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Search Result for “the philippines”

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BUSINESS

Asian shares steady after earlier tech-led sell-off

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/02/2026

» RECAP: Asian equities regained some stability on Friday after early losses, indicating that selling pressure may be easing following a tech rout that battered Wall Street for three days amid unease about an AI bubble.

BUSINESS

Restaurants face a rough 2026

Business, Kuakul Mornkum, Published on 07/02/2026

» The restaurant industry continues to face several challenges this year, as tourism has not fully recovered, labour shortages persist and costs remain high.

BUSINESS

Raise a glass to new alcohol laws

Business, Kuakul Mornkum, Published on 07/02/2026

» The Alcoholic Beverage Control Act of 2025, which took effect last November, has sparked confusion among stakeholders in the alcoholic beverage industry, including retailers and consumers. The Explainer intends to address some of the concerns.

BUSINESS

Bureau seeks 10% growth for exhibitions market

Business, Molpasorn Shoowong, Published on 07/02/2026

» Amid economic uncertainty, the Thailand Convention and Exhibition Bureau (TCEB) targets 10% growth for the Mice (meetings, incentives, conventions and exhibitions) segment this year, with 163 billion baht in revenue and 29.4 million participants.

BUSINESS

Thai stocks set to surge after election

Business, Nuntawun Polkuamdee, Published on 07/02/2026

» The Thai stock market is likely to test the 1,400-point range after the general election on Sunday, lifted by economic stimulus policies, improving investor confidence, and a gradual return of fund flows, according to the Association of Investment Management Companies (AIMC).

BUSINESS

Oil drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

BUSINESS

WD targets hard drives for AI economy

Suchit Leesa-nguansuk, Published on 06/02/2026

» WD, formerly known as Western Digital, has repositioned itself as a strategic storage infrastructure partner in the artificial intelligence (AI)-driven data economy, focusing on adapting hard drives for AI workloads.

BUSINESS

Line Man Wongnai weighs IPO in Hong Kong or New York

Bloomberg, Published on 06/02/2026

» Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.

BUSINESS

Muyuan eyes Asia pig farms after $1.4 billion listing

Bloomberg News, Published on 06/02/2026

» HONG KONG — Muyuan Foods Co plans to partner with Asian pig farmers and enhance its global feed-grain supply network after raising HK$10.7 billion (US$1.4 billion) in Hong Kong’s biggest listing of the year so far.

BUSINESS

Bitcoin plunges to near $60,000 before paring losses in Asia

Bloomberg News, Published on 06/02/2026

» SINGAPORE — Bitcoin sank in early Asia trading on Friday, extending a selloff that had already erased all the gains booked by the token since United States President Donald Trump’s 2024 election victory.