The East-West Economic Corridor (EWEC) will be reconstructed following the meeting among officials from Vietnam, Laos and Thailand in Laos’ Champasak province on April 3.
Category: Economy
Timor-Leste approves US$168.8 million diesel purchase to secure fuel supply
The government of Timor-Leste has approved a major fuel procurement plan on April 1, aimed at safeguarding national energy supplies amid continuing instability in the Middle East.
Malaysia announces WFH scheme to ease fuel consumption
Malaysia will introduce work-from-home (WFH) arrangements for government institutions from April 15 as part of efforts to conserve fuel and safeguard national energy supplies, Prime Minister Anwar Ibrahim announced on April 3.
Philippines seeks Iran’s assurance for energy security amid Hormuz blockade
On April 1, the Philippine Secretary of Foreign Affairs Teresa Lazaro, along with Secretary of the Department of Energy (DOE) Sharon S. Garin, convened a meeting with the Iranian Ambassador Yousef Esmaeilzadeh to discuss the country’s energy lifelines.
Fuel crisis drives inflation in Laos
On March 28, Laotian media outlets reported that the country is experiencing rising inflationary pressure, with prices increasing sharply during the first quarter of 2026, according to the latest report from the Ministry of Finance.
Hundreds stage strikes in Philippines’ capital as fuel costs rise
On March 26, hundreds of transport workers in Manila, the Philippines, have launched a strike in protest against surging fuel prices, as the Philippines grapples with a worsening energy crisis.
Timor-Leste holds high-level dialogue to advance ASEAN integration
On March 25, Timor-Leste welcomed a high-level delegation from regional and international institutions for talks aimed at supporting the country’s integration to ASEAN and aligning its economic policies with national development priorities.
Laos delivers aid after rare hailstorm devastates Sikhottabong district
Laos has delivered emergency and humanitarian aid to the inhabitants of the Sikhottabong district in the capital Vientiane following a catastrophic hailstorm disaster on March 22.
Philippines declares energy emergency as Middle East conflict drags on
On March 24, the Philippines has become the first country to declare a nationwide energy emergency as concerns mount over fuel supply disruptions and soaring prices. President Ferdinand Marcos Jr.
China’s new five-year plan signals tech push for Singapore firms
On March 23, China has unveiled its 15th Five-Year Plan following the conclusion of the “Two Sessions”, setting out its economic priorities for the next five years.