Philippines' DTI proposes mandatory certification for wrought aluminum and aluminum alloy products, requiring local and foreign manufacturers to obtain the Philippine Standard mark before selling.

Philippines issues red alert on Visayas grid as multiple plants remain offline Wednesday. Available capacity ~2,153 MW vs peak demand 2,394 MW; Mindanao has nine plants on forced outage.

Red and yellow alerts were raised for power grids in central and southern Philippines on Wednesday as several power plants remained unavailable, according to the National Grid Corporation of the Philippines (NGCP). The Visayas red alert is in effect with available capacity at about 2,153 MW against a projected peak demand of 2,394 MW. In Mindanao, nine power plants are on forced outage for August, with 11 unavailable since 2024 and nine others operating at derated capacities.

Indonesia targets permanent magnet output using rare earths by 2028, seeking an integrated domestic supply chain from mineral processing to EVs, Danantara's CTO said in Jakarta.

Indonesia plans to produce permanent magnets using rare earth elements by 2028 as part of efforts to build an integrated domestic supply chain from mineral processing to electric vehicles, Danantara Chief Technology Officer Sigit Puji Santosa said Wednesday in Jakarta.

China's homegrown C919 jet launches its first international commercial route Wednesday, connecting Beijing to Ulaanbaatar, Mongolia, operated by Air China. The domestically built plane had carried 7.5M+ passengers on 57 domestic routes as of Aug. 10.

China is set to launch the first international commercial route operated by its homegrown C919 aircraft on Wednesday, connecting Beijing with Ulaanbaatar, capital of Mongolia, operated by Air China. As of Aug. 10, the domestically developed large passenger jet had served 57 routes linking 25 cities and carried more than 7.5 million passenger trips, according to official data.

Bangladesh's inflation eased to 8.32% in July from 9.16% in June, the Bangladesh Bureau of Statistics said Wednesday. Food inflation dropped sharply to 7.16%, while non-food inflation fell to 9.28% from 9.61%.

Bangladesh's inflation eased to 8.32 percent in July from 9.16 percent in June, according to the Bangladesh Bureau of Statistics. Food inflation fell sharply to 7.16 percent, while non-food inflation edged down to 9.28 percent.