Marcos sets sights on Thai investors in Bangkok trip for APEC Summit

President Ferdinand Marcos Jr. is looking to charm Thai investors this time around as he prepares to attend the Asia-Pacific Economic Cooperation (APEC) Summit in Bangkok.

Office of the Press Secretary officer-in-charge Cheloy Garafil said Marcos will seize the chance to speak with economic leaders from other APEC member-states hoping to strike new deals, and during the APEC CEO Summit.

“He will meet with top executives of Thai companies to discuss business opportunities, investments and expansion plans,” Garafil said Monday.

The APEC Summit is scheduled from November 16 to 19. Six bilateral meetings are being scheduled with other heads of states, although Malacañang said it cannot disclose details yet.

Among other expected attendees are Chinese President Xi Jinping, Canadian Prime Minister Justin Trudeau and Russian President Vladimir Putin.

ERC to look into complaints of overcharging by power firms

Numerous complaints on increasing electricity rates have prompted the Energy Regulatory Commission (ERC) to launch an investigation on the accuracy and reasonableness of the generation rates being passed on by distribution utilities (DUs) to its consumers.