Bloomberg Philippine President Rodrigo Duterte has invited Chinese companies to take a role in the country’s wireless communications industry to add a third carrier to compete with PLDT Inc. and Globe Telecom Inc. Duterte offered China the right to operate in the Philippines during his bilateral talks with Chinese Premier Li Keqiang, Duterte spokesman Harry Roque told reporters in Manila ...

Bloomberg Singapore’s beleaguered rail system can’t catch a break. Days after a software glitch caused a train collision that injured more than 30 people, lightning struck a train on the same line. Literally. A mass rapid transit train on the East-West Line was struck by lightning on Monday afternoon, causing delays in journey times, The Straits Times reported. The lightning ...

Bloomberg Britain’s productivity malaise may find a solution from the unlikeliest of places—Brexit. Poor productivity has long been the bane of the UK, with output per worker far below the Group-of-Seven average and successive predictions for a recovery since the financial crisis failing to materialise. Still, according to UBS Wealth Management economist Dean Turner, Britain’s exit from the European Union ...