Call for Stronger Anti-Corruption Institutions The Federation of Filipino Chinese Chambers of Commerce and Industry Inc has renewed calls for decisive governance reforms in the Philippines. The group stressed that corruption remains a major barrier to sustained economic growth. It urged the creation of a genuinely independent anti-corruption body. According to the federation, proven models…
IRS Confirms Mileage Rate Increase For The New Tax Year The Internal Revenue Service has announced an increase in the standard mileage rate for 2026. The adjustment reflects updated cost data and inflation trends. Business drivers will be allowed to deduct more per mile traveled. The change applies starting January 1, 2026. It represents a…
Rising Energy Costs Strain Business Operations Energy prices have become one of the most pressing challenges for New Jersey businesses heading into 2026. Electricity costs have risen sharply, forcing many companies to reassess pricing strategies and operating budgets. Energy-intensive industries, including manufacturing and construction, feel the pressure most acutely. Business owners warn that sustained increases…
Corporate Bankruptcies Reach Multi-Year Highs Large corporate bankruptcies in 2025 have climbed to levels unseen since the aftermath of the financial crisis. Major companies across retail, healthcare, travel, and manufacturing have entered restructuring. Many listed liabilities exceeding one billion dollars. Analysts note that the breadth of filings is unusually wide. Unlike sector-specific downturns, distress has…
Asian Equities Rise Modestly Amid Holiday-Thinned Trading Volumes Asian equity markets posted mild gains as many global investors remained absent during the year-end holiday period. Trading volumes were notably lower, reflecting closures in several major financial centers. Despite limited liquidity, benchmark indices in Tokyo, Shanghai, Seoul, and Taipei moved higher. Market participants focused on preserving…
Sapporo Refocuses on Core Brewing Business Japan’s Sapporo Holdings has agreed to sell its real estate business in a deal valued at approximately $3 billion, marking a major strategic pivot for the historic brewer. The transaction reflects a broader effort to streamline operations and redirect capital toward its core alcoholic beverage business. The buyer consortium…
A Renewed Commitment to Innovation in Nebraska Nebraska is reinforcing its long-term commitment to entrepreneurship by restoring and expanding funding for the Business Innovation Act. The move signals a renewed focus on supporting startups, emerging technologies, and high-value job creation across the state. Governor Jim Pillen announced that the program will resume full operations after…
Buffett’s Longtime Protégé Makes an Unexpected Exit Todd Combs, one of Warren Buffett’s two handpicked investment managers and the CEO of Geico, has resigned from Berkshire Hathaway to join JPMorgan. The move surprised Berkshire watchers, coming just as Buffett prepares to step down as CEO after more than sixty years at the helm. Combs was…
Nepal’s Economic Landscape Reveals Both Resilience and Significant Structural Strain Nepal’s latest business indicators showed modest improvements in select sectors alongside persistent financial vulnerabilities. Hydropower, tourism, and digital services offered stability as underlying structural challenges continued. Market sentiment remained cautious as governance issues, inconsistent project execution, and liquidity stress limited broader economic momentum. Analysts said…
MALÉ, MALDIVES — November 15, 2025 — BeOnd, the world’s first all-business-class leisure airline based in the Maldives, has announced plans to expand into the United States, partnering with U.S. carrier New Pacific Airlines to make premium air travel more accessible. The collaboration aims to create a new model of affordable business-class service across both…
