Businesses need to accelerate their existing adoption of digitisation, electrification and automation in an effort to curb climate change and gear towards sustainability.
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
A sustainable garment hub in Vietnam designed to reduce the carbon footprint of making a T-shirt
If you’ve ever checked the label on that new shirt you just bought, there is a good chance that it was made in Vietnam. After years of rapid growth, the country is now the world’s second-largest exporter of textile and garment after China. Textile and garment manufacturing accounts for no less than 16 per cent of Vietnam’s […]
ACWA Power, PTT Public Company Limited and Electricity Generating Authority of Thailand set to support Thailand’s decarbonisation aspiration
Riyadh, Saudi Arabia/ Bangkok, Thailand: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide; PTT Public Company Limited (PTT), Thailand’s national integrated energy company; and Electricity Generating Authority of Thailand (EGAT), an electric power related state-owned enterprise which aims to secure the power reliability under the […]
ADB, EMA of Singapore partner to promote clean energy
The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed a memorandum of understanding (MOU) that paves the way for the development of renewable energy generation and transmission across the Association of Southeast Asian Nations (ASEAN) region while supporting the establishment of the ASEAN Power Grid, the Manila-based bank said […]
ASEAN Advances Clean Energy Transition with Innovative Funding and Collaborative Partnerships
The 2023 ASEAN Chair agenda, themed “Epicenter of Growth,” highlights two crucial principles: energy security and funding stability. To bolster the energy transition in the region, ASEAN leaders underscored the need for innovative financing solutions.
Asean Centre for Energy opens ‘Sustainable Renewable Energy’ arm to push bioenergy, electric transport
The Asean Centre for Energy (ACE), a regional organisation representing the energy interests of 10 Southeast Asian nations, has launched a new “Sustainable Renewable Energy” department, which will focus on industrial and transport applications for clean energy. Beni Suryadi, who leads the “Power, Fossil Fuel, Alternative Energy and Storage” team at the Jakarta-based centre, will concurrently […]
ASEAN has a better future being neutral
Two recent conferences highlighted the United States’ antagonism toward Russia and China. The first was the meeting of the leaders of the 10-member Association of Southeast Asian Nations with the US, which US President Joe Biden hosted in Washington in May. The second was the Shangri-La Dialogue in Singapore on June 10-12.
ASEAN Mulls Establishing Carbon Neutrality Task Force
A task force focusing on ASEAN’s carbon neutrality could soon be in the pipeline, according to a recent press statement by the Southeast Asian bloc.
Asean needs US$7tri of energy transition investments between 2018 and 2050 to achieve net zero emission: TNB chief
Asean will need US$7 trillion or US$220 billion annually to invest in energy transition (ET) between 2018 and 2050 in order to reach net zero carbon emission, Tenaga Nasional Bhd president and chief executive officer Datuk Baharin Din said.