Bloomberg The government needs to spend about 25 billion pesos ($486 million) to provide electricity to the 13 million Filipinos who live without it, the Philippine Star on Sunday cited a lawmaker as saying. Mikee Romero, the head of the Party-list Coalition in the House of Representatives, said that the government should boost the country’s electrification program to reach the ...

Bloomberg Maruti Suzuki India Ltd. reported the biggest decline in sales in almost seven years as a slowdown in consumer spending, the largest driver of growth in the $2.7 trillion economy, became more pervasive. Total sales dropped about 34% from a year earlier to 109,264 units in July, according to a statement. Deliveries of its hatchback models fell 23%, even ...

Bloomberg Indonesia’s state power producer PT Perusahaan Listrik Negara reported a failure in one of its transmission grids, causing massive blackouts in areas on main island of Java. The breakdown has caused disruptions in Greater Jakarta, as well as parts of West and Central Java, the company said in a statement on Sunday. Subway and commuter line operators in Jakarta, ...