Finance Minister Sri Mulyani Indrawati has proposed to the House of Representatives a massive increase in subsidies and compensation as the government seeks to keep fuel and electricity cheap despite a global energy price surge.

Indonesia, in pursuance of the 2030 sustainable development agenda, will encourage accessibility and fair distribution of energy in archipelagic countries through the G20 forum.

Minister of Investment and head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia has emphasized that Indonesia will not export new and renewable energy.

Finance Secretary Carlos G. Dominguez III said the Philippines is looking forward to future initiatives under the umbrella of the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate the country’s shift from coal to sustainable energy sources.

The government will maintain the flow of state and expenditure budget amid rising energy subsidy spending due to the Russia-Ukraine conflict-triggered high energy prices, Finance Ministry’s Fiscal Policy Agency (BKF) Head, Febrio Kacaribu, stated.

SINGAPORE’s energy market regulator is mulling tightening licensing conditions for electricity retailers that may require players to raise their physical hedging and capital positions and possibly even, provide performance bonds, after last year’s staggering spikes in spot electricity prices drove nearly half a dozen of them to close shop.

Pattaya businesses are being hit with the double whammy of fuel prices rising at the same time as the demand for energy nationwide is surging due to Thailand’s economic recovery. Operators of metered and motorcycle taxis, tourist vans, baht buses, tour boats and jet skis all are reporting hardship due to inflation, driven by soaring […]

Vietnam’s government plans to double its installed power generation capacity to 146 gigawatts (GW) by 2030, according to press reports. The country’s government is planning to submit its latest draft power development plan to the prime minister next month. The plan will restrict coal-fired power plants’ development in Vietnam, and open to other fuel sources […]

Myanmar’s military regime has cancelled tenders invited under the now-ousted National League for Democracy (NLD) government for 26 solar power projects, and blacklisted the companies for breaching tender regulations. In May 2020, the NLD government invited bids for the construction of 29 ground-mounted solar projects capable of generating a total of 1 gigawatt of power […]

The State-run MRTV announced the appointment of Maj-Gen Zin Min Htet as new police chief to replace Lt-Gen Than Hlaing and re-organizing of the Ministry of Electricity and Energy. Lt-Gen Than Hlaing has been reassigned to his original military post, and Maj-Gen Zin Min Htet will also serve as Deputy Minister for Home Affairs as well […]