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Laos hydropower plant begins operation

A major hydropower plant built in Laos has started commercial operation. With two power stations, the Nam Ngiep 1 plant generates about 1.6 billion kilowatt-hours of energy per year, Japanese utility Kansai Electric Power Co said on Friday. Nam Ngiep 1 Power Co, the operator of the plant, will supply electricity from the main station […]

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EU ambassador upbeat on Thai FTA talks

The EU ambassador to Thailand said he was “optimistic” the long-delayed free trade agreement (FTA) negotiations will continue between Thailand and the EU at the 7th annual EU-Asean Business Summit in Bangkok. “Development in Asean must start first with the group’s top countries, Singapore and Vietnam, and following Thailand’s, I hope we will be able […]

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Philippines: Trade gap narrows in July

MANILA, Philippines — The Philippines’ trade gap narrowed in July on falling imports and slight export growth, the country’s statistics agency reported Tuesday. Trade deficit in July stood at $3.39 billion, 15.5% lower than $4.02 shortfall recorded in the same month last year. A deficit occurs when a country’s imports exceed its exports. Merchandise exports […]

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