It is a sign of the times that during the coronavirus pandemic countries are forging new diplomatic partnerships and reshaping existing relationships. The latest example is the UK and ASEAN, whose trading links are well established but are now set for a reboot. Last month, UK Secretary of State for International Trade Liz Truss met with […]

As a small island city-state vulnerable to climate shocks, Singapore has proactively embraced the fight against climate change. In his speech during the 2020 Budget debate at the end of February,  Coordinating Minister for National Security Teo Chee Hean articulated Singapore’s long-term low-emission development strategy (LEDS). He announced the goal of capping Singapore’s greenhouse emissions by 2030, […]

Five months into the COVID-19 pandemic, East Asian countries like Vietnam, Taiwan and South Korea have garnered widespread praise for their effective handling of the coronavirus. Nearby Laos, with just 22 confirmed cases and no deaths, has gone largely unnoticed. While the World Health Organization has praised Laos’ prevention measures as “exemplary,” the mountainous Southeast […]

SINGAPORE (THE BUSINESS TIMES) – UOB has launched an integrated financing platform to drive the development and adoption of energy efficiency projects for buildings and homes in Singapore, Malaysia, Thailand and Indonesia.

KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has reiterated its commitment to help the country’s transition to cleaner energy by supporting power plants with lower environmental impact and financing natural gas and solar projects in the country.   In a statement Thursday, UOB Malaysia said the bank was a co-financier in a Commodity […]

The bloodless military coup in Myanmar has triggered some upstream companies to assess whether they should activate force majeure clauses in their production-sharing contracts (PSCs) with the government.

Today (29 April 2021), UK Ambassador Brian Davidson and U.S. Charge d’Affaires Michael Heath reaffirmed climate commitments each country made at the US-hosted Leaders Climate Summit last week. The Chiefs of Mission welcomed Thailand’s announcements, praised Thailand for its regional leadership on climate change issues, encouraged all countries – including Thailand – to set ambitious […]

YANGON — After a two-day visit to Myanmar, a delegation led by a US development agency says it hopes to boost post-coronavirus investment in the country and increase reengagement given its strategic location.

The U.S. Consulate General in HCMC has granted $2.96 million to a local firm for implementing a battery energy storage pilot project in central Vietnam.

SINGAPORE’s quest to become a global green finance hub just got a US$2 billion speed boost with the launch of an investment programme to support the growth of climate-friendly projects. Known as the Green Investments Programme (GIP), the new initiative by the Monetary Authority of Singapore (MAS) will channel funds to asset managers who are […]