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Thailand: Govt mulls plan for 1 visa, 5 cities

The plan for a single visa for “Five Chiang Cities” will be proposed to spur tourism among four countries in the Mekong Region and add quality tourists to Chiang Mai and Chiang Rai provinces of Thailand.  Ahead of a mobile cabinet meeting in Chiang Rai and Lampang that is expected to be held soon, both government […]

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Philippines has great potential for microgrid development

SINGAPORE — The Philippines has great potential for microgrid developments and French multinational firm Schneider Electric is positioning itself aggressively in the middle of the country’s transition to power up off-grid areas by bringing in distributed energy solutions. In Southeast Asia, the Philippines and Indonesia share the challenge of providing power to every corner of […]

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Philippines: Gov’t debt payments ease in July

MANILA, Philippines — The national government spent P47.21 billion to pay off its debt, including interest payments and amortization in July, according to the Bureau of the Treasury. According to the latest data from the BTr, the government’s debt payments in July declined 52.63 percent to P47.21 billion from P99.66 billion in the same month […]

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Malaysia seen to face lower trade surplus due to US-China trade war

PETALING JAYA: Despite the escalation in the US-China trade war which may dent exports of emerging markets, Malaysia is poised to maintain a trade surplus for this year and 2019, albeit slightly lower than in 2017. Towards this end, some economists told StarBiz that they are projecting a current account surplus of between 2% and 2.5% of gross domestic product (GDP) for 2018 and 2019. […]

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