Page 3 – ASEAN Economic Community Strategy Center

Philippines: Meralco hikes power rate anew in October

MANILA, Philippines — Customers of Manila Electric Co. would see higher power bills for the seventh straight month in October due to bigger transmission costs. In a statement on Friday, the largest power distributor in the country said the overall rate for a typical household “slightly” inched up by P0.0283 per kWh. The adjustment means […]

Thailand: Baht unchanged, may strengthen after release of NFP report

The baht opened at 33.80 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 33.75 and 33.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the dollar would continue fluctuating against the greenback because investors are waiting for the Nonfarm […]

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Philippines: Meralco hikes power rate anew in October

Thailand: Baht unchanged, may strengthen after release of NFP report