Myitsone issue’s proper solution acceptable to both sides is being found out
Part of the controversial Myitsone Dam project, which was suspended by the government of President U Thein Sein in 2011, in northern Kachin State. (AFP) If Myitsone issue fails to be resolved after a long delay, it will seriously hurt the confidence of Chinese entrepreneurs in investing in Myanmar. Therefore, China and Myanmar are in […]
Global Vanadium hints at two new vanadium investments as it shifts from oil and gas focus
Global Vanadium is in active negotiations for two new projects as part of its continued vanadium focus. Newly renamed and refocused Global Vanadium (ASX: GLV) has announced two potential project opportunities and provided an update on its investment in the Philippines iron sands vanadium-magnetite project. The Western Australia-based company officially changed its name and ASX […]
Philippine Company to Breathe New Life Into ECG
The new Philippine company set to appropriate ECG (Electricity Company of Ghana) is bringing approximately $580 million into their operations. Meralco Consortium, a power corporation from the Philippines, will adopt all assets and operations associated with ECG under the name Power Distribution Services (PDS) Ghana Limited. The takeover happens on February 1, 2019. This event […]
Indonesia slightly lowers target for investment in electricity
The government is lowering its investment target for the electricity sector this year to US$12.04 billion, 1.3 percent less than last year’s target of $12.2 billion, after taking into account a recent slowdown in electricity consumption. Only $11.28 billion was invested in 2018, but that was 24.5 percent more than the $9.06 billion invested in […]
AboitizPower to provide energy for Batangas ecozone
MANILA — AboitizPower Corp. will provide energy services for Light Industry & Science Park (LISP) IV in Malvar, Batangas, one of the latest economic zone projects of Science Park of the Philippines, Inc. (SPPI). In the 25-year service agreement between AboitizPower and SPPI, the former’s distribution utility Malvar Enerzone Corp., will manage the construction, installation, […]
Vietnamese, Lao PMs co-chair meeting of inter-government committee
HÀ NỘI — Vietnamese Prime Minister Nguyễn Xuân Phúc and his Lao counterpart Thongloun Sisoulith co-chaired the 41st session of the Việt Nam-Laos Inter-Governmental Committee in Hà Nội on Sunday. PM Phúc expressed his delight at the positive development of traditional friendship, special solidarity and comprehensive co-operation between Việt Nam and Laos in diverse areas […]
Vietnamese NA to closely cooperate with Lao counterpart: Chairwoman
Hanoi (VNA) – The Vietnamese National Assembly (NA) will closely cooperate with the Lao parliament in continuing to create favourable conditions for the two Governments to effectively implement their bilateral agreements, NA Chairwoman Nguyen Thi Kim Ngan affirmed on January 6. During a reception in Hanoi for Lao Prime Minister Thongloun Sisoulith who came for […]
Laos, Thailand further cooperation, deepen friendship
Laos and Thailand will target new heights in deepening their relations as they head toward setting up a strategic partnership for growth and sustainable development. The direction of deepening relations and enhancement of bilateral cooperation was agreed on at the Third Lao-Thai Joint Cabinet Retreat (JCR) held in Vientiane yesterday co-chaired by Prime Minister Thongloun […]
Weaning ASEAN from coal reveals climate risks and rewards
Climate change is a pressing global issue that countries need to combat not only in their individual capacities but also at an intergovernmental level. Given the degree of the threat faced by communities worldwide, discussions around climate have come to the forefront of the global collaboration agenda. All eyes were on the 24th Conference of the Parties […]
EU, Philippines sign 7 contracts for clean energy projects
MANILA, Philippines — The European Union (EU) Delegation to the Philippines on Thursday said the EU and the Philippines signed seven contracts for projects that would offer “clean energy” to 40,000 households in the country. The EU said they allocated €21 million for the projects which would contribute to the Department of Energy’s goal of […]