MANILA, Philippines – Philippine power rates remain one of the highest in Southeast Asia as of end-2016 due to continued lack of government subsidies, latest Department of Energy (DOE) data showed. Based on the Power Development Plan 2017 to 2040 released yesterday, the country’s power rates are among the highest in the region, at par […]
Read MoreIn a move to urge small- and medium-sized businesses to list on the Cambodian stock exchange’s Growth Board, more than 70 companies have joined a new initiative offered by the market regulator that will provide professional guidance on how to meet listing criteria, paving the way to having a first listing sometime next year. The […]
Read MoreAPEC officials and leaders of agricultural businesses in the region met on Thursday to discuss responsible use of resources that will ensure long-term food production and decent living standards for everyone. They also discussed the roles of the public and private sectors in this process. Tran Hong Ha, Minister of Natural Resources and Environment, hailed the private sector for “actively participating in doing research and promoting science and technology application […]
Read MoreHANOI — Fifteen firms won bids at the Ministry of Industry and Trade’s second auction of sugar import quotas in Hanoi on Wednesday. Vietnam must import 89,500 tonnes of sugar this year, following its commitment to the World Trade Organisation (WTO). The commitment consists of 44,000 tonnes of raw sugar and 45,500 tonnes of refined sugar. The […]
Read MoreMANILA, Philippines – Debt prepayments by Philippine borrowers including the national government rose 35.1 percent in the first four months, resulting in the further weakening of the peso against the dollar, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Prepayments on foreign debt by public and private firms reached $2.01 billion from January to April, […]
Read MoreTEMPO.CO, Jakarta – Malaysia and Indonesia will discuss plans to export crude palm oil (CPO) for biodiesel to China. Malaysian Plantation Industry and Commodity Minister Mah Kew Siong yesterday, August 24, said that the two countries will be discussing the plan to export CPO to China. The latter is seeking to adopt 5% biodiesel blended with petroleum diesel […]
Read More
Thailand
