sin01
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Singapore to tighten rules on electricity retailers, raise safeguards around supply and price shocks

SINGAPORE’S energy regulator will introduce major guardrails to ensure secure and sufficient gas supply and power generation, and to better protect consumers. The move comes after extraordinary spikes in spot electricity prices last year and a global energy crunch that rocked the electricity market. Measures targeted at electricity retailers include stricter qualifying criteria such as […]

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phil01
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Philippines: Inflows from OFWs, BPOs may prop up peso

MANILA, Philippines — The inflows of remittances and receipts from business process outsourcing (BPO) industry in the fourth quarter may help prop up the peso against the dollar, according to Finance Secretary Benjamin Diokno. During the 17th Philippine Summit hosted by The Asset, Diokno said he is banking on remittances from overseas Filipino workers (OFWs) […]

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Party Central Committee Promises to Fix Inflation in Laos

The Central Committee of the Lao People’s Revolutionary Party has pledged to get a grip on the rising inflation and other economic difficulties the country is currently suffering from. Laos recorded 34 percent year-on-year inflation in September – the highest figure in more than two decades. During the fifth Plenary Session which ended on 20 October, The […]

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vn02
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Vietnam needs to have market leaders in logistics

The Government would continue to support local logistics firms in improving their competitiveness and allocate funds for transport infrastructure development. In a country home to seaport networks and manufacturing hubs like Vietnam, market-leading logistics companies would improve the overall competitiveness of the sector.  Deputy Director of the Import-Export Department under the Ministry of Industry and […]

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