Asia First - Mon 21 Jul 2025
From the opening bell across markets in Southeast Asia and China, to the biggest business interviews and top financial stories, tune in to Asia First to kick-start your business day.
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CNA
5 minutes ago
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Philippine economy grows 5.5% annually in second quarter
MANILA :The Philippine economy grew by 5.5 per cent in the second quarter of 2025 from a year earlier, official data showed on Thursday, compared to the previous quarter's 5.4 per cent expansion. Economists in a Reuters poll had expected growth of 5.4 per cent. On a seasonally adjusted basis, the economy grew 1.5 per cent quarter-on-quarter, compared to the median forecast of 1.3 per cent in a Reuters poll of economists. "With this performance, we maintain our place among the fastest growing economies in emerging Asia," Philippine Economic Planning Secretary Arsenio Balisacan told a press conference.
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Cathay Pacific shares fall more than 4%, a day after results
HONG KONG :Shares of Cathay Pacific Airways fell 4.5 per cent in early trade on Thursday after the Hong Kong flagship carrier warned of declining airfares, challenges at its budget carrier and uncertain cargo market conditions. Stock of the airline fell to HK$10.36 per share, the lowest level since June 24. That compared to a 0.3 per cent gain in the broader market.
CNA
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What's Coming Up - Resilience and Reinvention: Singapore's Global Plan
Singapore Deputy Prime Minister Gan Kim Yong shed light on challenges behind US tariff negotiations and urged companies to continue investing in talent, AI technology to adapt to a changing world. Catch the episode on 12 August 2025
