Industries.

Philippine carriers press for airport fee waiver
The Air Carriers Association of the Philippines cites a record-weak peso and doubled jet fuel prices, noting passenger service charges at Ninoy Aquino International Airport have nearly doubled since 2025.

South Korea's APR doubles Q3 revenue on overseas sales surge
South Korean beauty firm APR reported record quarterly revenue of 773.1 billion won, with overseas sales jumping 135% to account for 94% of the total.

PAGCOR's nine-month revenue drops 23.4%, net income almost 85%
The Philippine gaming regulator reported total revenues of P64.41 billion for January to September, down from P84.09 billion a year earlier, with online gaming experiencing the steepest fall.

HDPI reports P7.07bn loss, auditor flags viability
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.

HKTDC to open DesignInspire 2026 for global design collaboration
The Hong Kong Trade Development Council event, running 18-21 November, will feature international design studios and brands, including a debut collaboration with Salone del Mobile.Milano.

Toyota Recalls 228,367 US Sienna Hybrids
The US National Highway Traffic Safety Administration (NHTSA) announced the recall over concerns that seat backs could disengage during frontal collisions, increasing injury risk.

Asia E-Commerce Growth Diverges: China Hits ¥13 Trillion
China's online retail sales of physical goods reached ¥13.09 trillion in 2025, while Southeast Asia and India each expanded by 20 percent, showcasing varied regional trends.

Korean Retailers Use AI Shoppers to Refine Products, Cut Costs
Major South Korean retailers and consumer goods firms are deploying artificial intelligence-generated consumers to test products and marketing, aiming to predict buying behaviour and reduce development expenses.

DFI Retail's 7-Eleven Introduces Foodbar Across Singapore Stores
The convenience chain, operated by DFI Retail Group, launched the hot food concept on 16 October 2026 across 16 locations to boost higher-margin ready-to-eat sales.

Krungsri forecasts 3% Thai credit card growth, Japan travel leads
Krungsri Consumer expects spending via its credit cards to rise 2-3% in 2026, driven by persistent demand for overseas trips, particularly to Japan, despite broader uncertainties.

Cube Asia: SE Asia E-commerce Shifts to Existing Shoppers, Credit
Cube Asia forecasts regional online spending on physical goods to hit US$400 billion by 2031, driven by faster delivery and easier financing.

NephroPlus Philippines Hits 50 Clinics, Aids Mangyan Community
The dialysis network partnered with Baco local government for a medical mission reaching 265 members of the Mangyan Indigenous Community in Oriental Mindoro.

JTI Philippines Appoints Alan Jackson to Lead Growth
JTI Philippines has named Alan Jackson as its new General Manager, tasking him with brand portfolio expansion and intensified efforts against illicit tobacco trade.

Thailand's $4.4bn Luxury Market Shifts to Trendsetter Role
The country's luxury retail sector, valued at US$4.4 billion, is projected to expand by around 5% annually through 2028, with Bangkok emerging as a global trendsetter.

Daniel Wu launches Arox furniture, expands China business interests
The US-born Hong Kong actor and filmmaker, 52, has diversified his ventures in China, including an English language course and a coffee brand.

Southeast Asia E-commerce Captures 25% Retail Share, Targets $400 Billion
Online retail in the region now accounts for a quarter of all consumer spending, with major platforms growing at 33% year-on-year in Q1 2026.

Musinsa, Zozotown Bring Japanese Brands to Seoul Pop-up
South Korean fashion retailer Musinsa is hosting 15 Japanese brands in Seoul through a pop-up with e-commerce platform Zozotown, marking a shift in their partnership to include inbound sales.

Sabeco, Vietnam Fatherland Front launch 2026 community award
The Ambassador of National Progress Award, managed by Saigon Beer-Alcohol-Beverage Corporation and the Vietnam Fatherland Front, will honour 15 individuals for their community contributions.