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SK’s Hanwha Ocean eyes submarine exports to Canada, Philippines, Poland – official

SEONGNAM, South Korea - South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines and Poland, a company official said...

China’s Q3 economic growth beats market forecast, headwinds persist

China's economy grew at a faster-than-expected clip in the third quarter, data showed on Wednesday, while domestic consumption also picked up pace last month, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

Copper slips as upbeat dollar, high inventories weigh

Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.

As global debt worries mount, is another crisis brewing?

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.

Bayer to introduce direct-seeded rice system in the Philippines

MANILA, (Reuters) - Bayer AG said on Monday it plans to bring its direct-seeded rice program to the Philippines in 2024, offering farmers an alternative cultivation...

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Toyota PH hits 1.2M vehicles as localization deepens

Toyota Motor Philippines Corp. (TMP) has produced more than 1.2 million vehicles locally in 38 years, building a manufacturing base that is allowing more specialized automotive work, supplier activity, and value creation to take place in the Philippines.

MBC warns Pax Silica could become missed opportunity

The Philippines could lose out on major investments tied to Pax Silica unless it moves faster to address political resistance, regulatory hurdles, infrastructure gaps, and workforce needs, the Makati Business Club (MBC) warned.

ACMobility seeks faster permits to accelerate EV rollout

ACMobility is pushing for streamlined local permits to speed up investment in electric vehicle charging infrastructure, saying fragmented requirements across local governments are slowing the deployment of stations needed to support the country’s growing EV market.

Aboitiz airports target routes as traffic outlook improves

Aboitiz InfraCapital is working with airlines to make new international routes commercially viable as it positions its airports for stronger year-end traffic, focusing on Asian markets that can deliver sustainable passenger flows.
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