Category: Business

Business

Singapore Investors Are Flocking to Osaka Property — But Is Tokyo’s Cheaper Rival About to Get Too Hot?

Singapore Investors Are Flocking to Osaka Property — But Is Tokyo's Cheaper Rival About to Get Too Hot? SINGAPORE — Singaporean investors looking overseas for their next property purchase are increasingly turning their attention to a Japanese city that has long lived in Tokyo's shadow. Osaka. With property prices in Tokyo approaching record levels, more investors are looking at Japan's second-largest metropolitan area for potentially lower entry prices, rising rents and stronger rental yields

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Business

PSEi Went Nowhere, But Investors Kept Trading—COL Financial’s Commissions Just Jumped 21%

MANILA, Philippines — The Philippine stock market may have struggled to deliver meaningful gains in the first half of 2026, but Filipino investors were clearly not sitting on their hands. Online brokerage COL Financial Group Inc. saw its commission income climb 21 percent to ₱234.5 million in the first six months of the year as investors continued buying and selling shares despite the Philippine Stock Exchange index giving up much of its early momentum. The surge highlights an interesting shif

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Business

Central Park Bangkok Targets 10% Visitor Growth After Attracting 25 Million Visits in First Year

BANGKOK — Bangkok's newest major lifestyle destination has already attracted millions of visitors in its first year — and its developer is now setting an even bigger target. Central Pattana Plc (CPN) says Central Park welcomed more than 25 million visits during its first year of operation, including more than 10 million visits from international tourists. With the project approaching full retail occupancy, CPN is now targeting around 10% growth in visitor traffic during its second year, potent

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Business

U.S. Strikes 3 Iranian Oil Vessels After Navy Ships Come Under Missile Fire — Then Iran Fires Back

DUBAI — The already volatile confrontation between the United States and Iran has escalated sharply after American and Iranian forces exchanged attacks involving military ships and oil vessels in waters around Iran. U.S. forces struck three Iranian oil vessels on Saturday, Sept. 5, after Iran's Islamic Revolutionary Guard Corps allegedly launched ballistic missiles at two U.S. Navy ships, according to U.S. Central Command. Iran later said it had targeted three tankers travelling through the St

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Business

Free Dinners, $8 Manicures and Luxury Condos: How Singaporeans Were Lured Into a Nanning Pyramid Scheme

SINGAPORE — The pitch sounded almost too good to refuse. A spacious condominium. Cheap food. Affordable coffee. An $8 manicure. Free dinners. And the promise of a new life in a Chinese city allegedly poised to become the “next Shenzhen.” But behind the lifestyle pitch that drew Singaporeans to Nanning in southern China was an alleged pyramid scheme that has now become the focus of a major cross-border crackdown. Chinese authorities have arrested and detained 52 Singaporeans in Guangxi as

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Business

Former Twitter Team Revives ‘Twitter’ With AI Fact-Checking — Then the Legal Battle Explodes

SAN FRANCISCO — Twitter is back — at least in part. A startup founded by former Twitter personnel has launched Twitter.now, a new social-media platform designed to resemble the Twitter of the pre-Elon Musk era while adding one major difference: an artificial-intelligence system that attempts to assess the truthfulness of posts in real time. But the platform's comeback is unfolding alongside a fierce legal battle with X Corp., creating an unusual collision between technology, artificial intelli

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Business

Tisa’s Famous Siomai Festival Gets Just P300K — Cebu City Council Wants P400K More

Tisa's Famous Siomai Festival Gets Just P300K — Cebu City Council Wants P400K More CEBU CITY, Philippines — Cebu City's famous Siomai sa Tisa Festival may receive a major funding boost after city councilors questioned why one of the city's biggest barangay celebrations was initially allocated just P300,000 in financial assistance. Councilors are now asking the Cebu City Government to release an additional P400,000, potentially raising total City Hall assistance for this year's festival to P700

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Business

Francis Chua, Carlos Rufino Join Diplomatic Farewell for Ghana Envoy—But What Comes Next for PH-Ghana Ties?

MANILA, Philippines — Business leaders, diplomats and top figures from the Philippine diplomatic and business communities gathered to bid farewell to Ghana Ambassador Florence Buerki Akonor, marking the end of her diplomatic posting in the Philippines and signaling what could be a new chapter in relations between Manila and Accra. Among those who joined the send-off were Philippine Chamber of Commerce and Industry (PCCI) president Ferdinand Ferrer, Philippine Exporters Confederation Inc. presid

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Business

Indonesia Wildfires Force More Orangutan Rescues as Smoke Threatens Borneo Wildlife

JAKARTA, Indonesia — Indonesia's worsening forest and land fires are pushing endangered orangutans out of their shrinking habitats, prompting another wave of emergency wildlife rescues across Borneo. The latest rescue involved a mother orangutan and her baby in West Kalimantan, where authorities evacuated the pair after fires began spreading toward their habitat. Their rescue brings the number of orangutans evacuated because of wildfire threats in Ketapang district to nine in less than a month,

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Business

He Thought He Was Helping Police Catch a Criminal — Then an 85-Year-Old Nearly Lost S$110,000

SINGAPORE — An 85-year-old retiree thought he was helping the police catch a criminal. Instead, he was just one bank transfer away from losing almost S$110,000 — a large portion of his life savings. What started with a frightening pop-up on his computer quickly escalated into an elaborate tech support scam involving a fake technical support officer, a bogus police officer and instructions to move his money into another bank account. The scam was only stopped after alert bank employees at an O

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