Jakarta (VNA) – Indonesia has created a funding platform for its renewable energy projects, including a pioneering programme to retire coal-fired power plants, and appointed state-owned financing firm PT Sarana Multi Infrastruktur (SMI) to manage the funds.

INDONESIA’S Trade Minister said on Friday (Jul 22) his ministry was considering removing a domestic sales requirement for palm oil exports since high inventories of the vegetable oil were preventing a recovery of palm oil fruit prices.

KUALA LUMPUR: The European Union (EU) is open to a strategic collaboration with Malaysia in the development of digital banking initiatives in an effort to enhance the interconnectivity between the two parties.

Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said.

SINGAPORE is committing S$1.5 billion on inflation relief for businesses and households, as global prices climb faster than earlier projected and are likely to stay high. The support package, announced by Deputy Prime Minister Lawrence Wong on Tuesday (Jun 21), will be funded from Singapore’s better-than-expected fiscal position in FY2021, the Ministry of Finance (MOF) has […]

China and Singapore have strengthened bilateral relations after the two countries announced collaborations to promote the green economy and enhance cooperation and exchanges in the digital economy. On Monday (June 13), Singapore Minister for Trade and Industry Gan Kim Yong and China Minister of Commerce Wang Wentao signed two memoranda of understanding (MOUs) on the sidelines […]

The tariff hike would affect only middle- to upper-income households, as well as government buildings, and was expected to raise Indonesia’s 2022 inflation rate by 0.019 percentage points, Rida said.  Indonesian state power utility Perusahaan Listrik Negara (PLN) will impose big hikes in some electricity tariffs for the first time in five years, as rising global energy prices squeeze […]

The Singapore Government today published the Singapore Green Bond Framework (Framework), a governance framework for sovereign green bond issuances under the Significant Infrastructure Government Loan Act 2021 (SINGA). The Framework details the Singapore Government’s (i) intended use of green bond proceeds, (ii) governance structure to evaluate and select eligible projects, (iii) operational approach to manage […]

Singapore must specialise and build on its strengths and expertise to accelerate the implementation of sustainable solutions, said Sustainability and the Environment Minister Grace Fu on Tuesday (Jun 7).

By the end of 2022, a fully-electric Mercedes-EQS will roll off a production line in Bangkok to mark another milestone in Thailand’s remarkable journey from conventional automaking hub to regional frontrunner in electric vehicle (EV) production, according to an article published by the country’s Board of Investment (BOI).