Philippines to cut tariffs on electric vehicles, parts
MANILA, Nov 24 (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs.
Singapore’s Leader Energy acquires Binh Thuan solar power plant
The Vinh Hao 6 solar power plant was run by Vinh Hao 6 Power JSC, which is held by ACWA Power, FECON Corporation and FECON Power JSC. With a total investment of $53 million, the Vinh Hao 6 solar power plant has achieved its Commercial Operation Date (COD) in June 2019.
A showcase for the BCG model
The Asia-Pacific Economic Cooperation (Apec) summit offered a glimpse into how countries plan to deal with uncertainties post-pandemic as well as the Thai government’s push towards a new economic model
Singapore Joins The Collective 2030 Zero-Emission Vehicle Deployment Goal
1. Singapore has accepted the United States’ invitation to join the Collective 2030 Zero-Emission Vehicle (ZEV) Deployment Goal (“Goal”) on 18 November 2022, at the 2022 United Nations Climate Change Conference (COP27). 2. The Goal was initiated by the President of the United States (US) Joe Biden at the Major Economies Forum on Energy and Climate in […]
Cambodia announces its National Cooling Action Plan
The Cambodian Ministry of Environment has announced its new National Cooling Action Plan for Cambodia, the first to be developed in South-East Asia. ESCAP, in partnership with UNEP under the framework of the Cool Coalition and with the support of Energy Foundation China, jointly developed a National Cooling Action Plan Methodology which was piloted in […]
Vietnam Considers Allowing Fuel Price Adjustment Every 5 Days
TEMPO.CO, Jakarta – Vietnam considers a new price mechanism to adjust fuel prices every five days instead of the current 10-day cycle to address a number of issues that resulted in sporadic fuel shortages across the country in recent months, local media reported Thursday, Nov. 17.
DOE: Foreigners now allowed to explore renewable energy resources in Philippines
Foreign investors or companies may now engage in the exploration, development, and utilization of the country’s renewable energy (RE) resources after the Department of Energy (DOE) amended a section of the Implementing Rules and Regulations (IRR) of the Renewable Energy (RE) Act of 2008.
ExxonMobil and Pertamina advance offshore CCS hub in Indonesia
US supermajor ExxonMobil and Indonesia’s national oil company Pertamina are firming up plans for a carbon capture and storage (CCS) project offshore Java, Indonesia, that has the geological potential to store up to 3 billion tonnes of carbon dioxide.
Thai cabinet extends diesel tax cut to ease energy costs – finmin
BANGKOK, Nov 15 (Reuters) – Thailand’s cabinet on Tuesday agreed to extend an excise tax cut on diesel for another two months to Jan. 20 next year, due to high oil prices, Finance Minister Arkhom Termpittayapaisith said.
Ministry of Transport introduces new electric vehicles charging Bill
The Ministry of Transport (MOT) introduced the Electric Vehicles (EVs) Charging Bill for First Reading in Parliament on Nov 9, 2022 to regulate the safe charging of EVs, to ensure the provision of reliable EV charging services, and to expand the network of accessible charging infrastructure in Singapore.