Hard Discount Philippines Inc., operator of DALI stores, recorded P7.07 billion in losses by 2025, a 35 percent rise from the previous year. Its auditor raised significant doubts about the Philippine retailer's ability to continue operations.
HDPI's significant and growing losses raise questions about the long-term viability of the hard-discount retail model in the Philippines.
The dual-tranche offering by Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the first Singapore dollar bond from a…
The cross-border payments firm aims to expand its global clearing network for small and medium-sized enterprises, building…
Indonesia's central bank affirmed its commitment to the rupiah after it closed at Rp18,184 per US dollar on Wednesday, while…
The Philippine gaming regulator reported total revenues of P64.41 billion for January to September, down from P84.
New Delhi commits over $20 billion in government support for domestic semiconductor production and electronics, attracting…
The European Union's interim trade agreement with Mercosur, applied since May 2026, could set a precedent for future pacts, including those with Malaysia, Thailand, India, and Indonesia.
Private investment surged 21.6% month-on-month, driven by data-centre equipment imports, the Bank of Thailand reported on 30 October.
Mariam J. Sherman stated the country's current labour-intensive approach will not achieve high-income status, citing a peak in working-age population in 2014.
Lending remains concentrated in Dhaka and Chattogram, with only small portions reaching districts most exposed to climate risks, according to Bangladesh Bank data.
Employee groups propose annual raises up to 7%, potentially adding millions of rupees to civil servants' earnings over a decade, far exceeding the current 3% rate.
The Asian trading day in one place: 5 stories across currencies, central banks, equities and deals, collected at the close.
The Philippine lender's January to September net income reached P63.6 billion, a marginal increase from last year, driven by significant loan book expansion.
Thailand's central bank will introduce five new financial measures between November 2026 and March 2027, including cash payment limits for gold transactions exceeding THB 10 million.
The digital fintech firm now offers SkyroCredit, a reusable credit line with up to 45 days of 0% interest, to deepen customer engagement for its 12,000 partners.
OCBC Bank achieved the third-strongest global ranking and first in Asia-Pacific in The Asian Banker's 2026 assessment, marking a first for a Singaporean lender in the global top three.
Ho Chi Minh City has approved 12 major investment projects totalling US$16.4 billion, targeting urban development, seaports, logistics, and high-tech manufacturing.
Roland Busch, Siemens' chief executive, late last week in Seoul detailed a step-by-step strategy to integrate artificial intelligence into smaller manufacturing operations, emphasising industrial data and gradual investment.
Thailand's Finance Ministry greenlit an initial 6.7 billion baht from the Energy Conservation Fund, while new measures will reduce gross refining margins to ease consumer burden.
Chen Yunji, from Chinese chip giant Cambricon Technologies, called for a global “ethics checker” for leading AI models after systems caused high-profile cyberattacks and critical infrastructure threats.
Southeast Asia's wealthiest individual, Pham Nhat Vuong, has increased his total investment in the electric vehicle maker to approximately VND51.5 trillion. The capital was deployed via dividend preference shares.
Ahead of Diwali, Policybazaar's Ashwini Dubey advises Indian homeowners to review their insurance against fire damage, with premiums starting at ₹18 monthly.
Indian retail investors can now access US equities through Groww, with Zerodha soon to follow, driven by domestic market underperformance and a weaker rupee.
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Vietnam's SHB raises with CGIF-backed Singapore dollar social bonds
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