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Philippines urges Indonesia to lift coal export ban

[MANILA] The Philippines’ energy secretary Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, Manila’s Department of Energy said on Monday (Jan 10). Indonesia, the world’s biggest thermal coal exporter suspended exports on Jan 1 after […]

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Brunei: Non-O&G sector records growth in Q3

In the third quarter (Q3) of 2021, Brunei Darussalam’s gross domestic product (GDP) growth rate declined by 2.2 per cent year-on-year. This was due to a decrease in the oil and gas sector by 5.3 per cent. The non-oil and gas sector, however, recorded an increase of one per cent. The Sultanate’s GDP at current […]

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RCEP brings economic growth to Laos

VIENTIANE: The Regional Comprehensive Economic Partnership (RCEP) agreement could bring great economic development opportunities to the region and the agreement is very beneficial for Laos, said Daovone Phachanthavong, the vice executive president of the Lao National Chamber of Commerce and Industry (LNCCI). Being part of the agreement would provide more market opportunities for Laos to expand production for export […]

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Vietnam’s exports rise sharply in 2021

Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9. Hanoi (VNA) – Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on […]

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