Philippines

Asia’s shipbuilding renaissance: record orders and rising prices

bno - Taipei Office December 23, 2024

Asia has been the centre of shipbuilding for decades thanks to its geographical and strategic location and the capital and labour-intensive nature of the industry.

IEA: Access to energy improving worldwide, driven by renewables

IEA Energy Snapshot December 19, 2024

Having a reliable electricity supply is something many of us take for granted – including for sending and reading emails like this one. But hundreds of millions of people around the world today don’t have access to electricity.

Balancing growth and sustainability: Southeast Asia’s energy dilemma

Maryam Azish for bno Taipei Office December 17, 2024

With its rapidly growing economies, booming populations, and increasing urbanisation, Southeast Asia is witnessing a tremendous surge in energy demand

BCPG to invest $945mn in power projects, prioritising clean energy

bno - Bangkok Office December 10, 2024

BCPG Plc, the power generation arm of Bangchak Corporation, plans to invest over THB32bn ($945mn) in 2025 to fund new power projects, primarily focused on clean energy sources

Thousands evacuated as Mt. Kanlaon erupts, threatening more explosive activity

bno - Taipei Office December 10, 2024

A powerful eruption at Mt. Kanlaon in the Philippines has forced thousands of residents to evacuate, as authorities brace for further explosive activity. On December 9, the volcano erupted with a loud shockwave.

Where does nuclear power-use stand in post-COP29 Asia?

bno - Taipei Office December 10, 2024

It is now a month since COP29 opened its doors to delegates from around the world in the city of Baku, Azerbaijan on November 11

Philippines accuses Chinese coast guard of aggressive tactics in South China Sea

bno - Taipei Office December 5, 2024

Tensions in the South China Sea have flared once again after the Philippines accused China’s Coast Guard of using water cannons and performing dangerous manoeuvres against a Philippine vessel near the disputed Scarborough Shoal.

US imposes preliminary duties on Southeast Asian solar imports

bno - Surabaya Office December 2, 2024

The US Commerce Department has announced preliminary duties of up to 271% on solar imports from Southeast Asia, citing findings that these products are being sold below production costs, harming domestic manufacturers

Southeast Asia’s rising energy demands and what lies ahead

Maryam Azish for bno November 29, 2024

As Southeast Asia continues to grow economically and urbanise at a rapid pace, the region is emerging as a key player in global energy markets

Southeast Asia expands pumped hydro to boost energy storage

Maryam Azish November 20, 2024

As Southeast Asia rapidly transitions toward renewable energy, countries across the region are investing heavily in pumped hydro energy storage (PHES) to enhance grid stability and support sustainable growth

Typhoon ‘Nika’ slams into Luzon, bracing the Philippines for a week of severe weather

bno - Taipei Office November 11, 2024

Typhoon Nika, known internationally as Toraji, has intensified rapidly, bringing powerful winds and heavy rainfall to the northern Philippines

Philippines achieves record $3.5bn surplus as economy rebounds

bno Taiwan bureau October 21, 2024

The Philippines has reported its largest dollar surplus in nearly four years, highlighting a remarkable recovery in its balance of payments.

Declining rice prices signal stable inflation ahead for the Philippines

bno - Taipei Office October 20, 2024

Metrobank Research has projected that declining rice prices will help maintain inflation at a stable 2% for the remainder of the year, enabling the Bangko Sentral ng Pilipinas to consider further interest rate cuts to support economic growth

China’s military – bringing together modernisation and escalating aggression

Antonio Graceffo - for bno IntelliNews October 16, 2024

In recent years, the PRC has escalated both maritime and aerial incursions into Taiwan's territory, including detaining a Taiwanese fishing boat, conducting patrols that crossed the Taiwan Strait's median line, and increasing harassment around Kinmen

Taiwan, Japan and ASEAN member nations deliver a diplomatic broadside to China

bno - Taipei Office October 11, 2024

Taiwan President William Lai on October 10 – the nation’s National Day - vowed to safeguard the island’s self-governing status in his most prominent public address to date since taking office earlier this year

Vietnamese fishermen beaten with metal rods by Chinese forces near Paracel Islands

bno - Taipei Office October 4, 2024

In what is being seen as the latest in a long line of examples of Chinese intimidation tactics against non-Chinese fishermen, reports are emerging of a vicious, organised attack by Chinese paramilitary forces against Vietnamese fishermen.

COMMENT: From Globalisation to “slowbalisation” as FDIs decline on trade and geopolitical woes

bne IntelliNews September 30, 2024

Global flows of foreign direct investment have trended downwards, both in absolute terms and as a share of world GDP, driven by multiple factors including changes in industrial organisation, increasing barriers to trade and investment.

Philippines eyes bold rate cuts as inflation slows

bno - Taipei Office September 25, 2024

As inflation eases, the Bangko Sentral ng Pilipinas is poised to consider significant interest rate reductions, with Finance Secretary Ralph Recto suggesting the possibility of mirroring the US Federal Reserve's recent aggressive move

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