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Malaysia – Miti: No increase to electricity tariffs for non-commercial, industrial consumers

KUALA LUMPUR, 24 — Electricity tariff will remain the same for domestic consumers who are non-commercial and industrial users, International Trade and Industry Ministry (Miti) said. The Ministry said as for non-domestic users who are in the low voltage (LV) tariff category, they will not experience any increase in electricity tariffs. “Through using the Imbalance […]

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Thailand: Foreigners set to invest B100bn this year

The Commerce Ministry remains bullish about Thailand’s foreign investment prospects, forecasting a minimum of 100 billion baht in inflows this year. According to Deputy Commerce Minister Sinit Lertkrai, active foreign investment is supported by the country being fully open in terms of both tourism and investment, as well as anticipated expansion of production bases in Thailand […]

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Philippines attracts more speculative funds ‘

Hot money’ net inflow hits $292 million in January MANILA, Philippines — The net inflow of foreign portfolio investments or speculative funds hit a two-month high of $292.12 million in January, 20 times the $14.6 million inflow recorded in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP). Michael Ricafort, chief […]

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Sustainability retains resonance for Thai firms

Sustainability will remain a key trend for fundraising in Thailand, prompting companies to increasingly integrate environmental, social and corporate governance (ESG) considerations into their strategies, says international law firm Baker McKenzie. “Investors these days take into account the ESG policies that companies adopt,” Benja Supannakul, a partner in Baker McKenzie’s financial services practice group, told the company’s […]

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Philippines’ RCEP entry to boost trade ties with China

MANILA: The Philippines joining the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement, will boost the South-East Asian country’s economy and inject fresh energy into regional economic integration, experts and business executives say. The economic and trade cooperation between China and the Philippines is also expected to reach new heights, they said. […]

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