Cambodia jumps 12 spots in global energy sustainability survey
Cambodia’s ranking in the latest global energy sustainability survey has improved dramatically, indicating that the Kingdom’s efforts to solve its energy woes and providing an adequate power supply are making headway. For in depth analysis of Cambodian Business, visit Capital Cambodia . This also means that Cambodia, which suffered a crippling power problem a few months […]
Vietnam cities embrace smart technology
In efforts to embrace the fourth industrial revolution (Industry 4.0), cities and provinces in Vietnam are pushing smart city programmes, combining technology with internet-connected devices to enhance municipal management and economy. Smart cities, with new technologies and integration based on sensor collection and analysis of data, are expected to drive economic, environmental and social benefits […]
Vietnam is set to build a US$4.2 billion smart city near Hanoi. Why? Because it can.
Vietnam is growing economically. In fact, thanks to the trade war between the U.S. and China, the Southeast Asian nation has benefited the most as companies look to Vietnam for production purposes. Its economy is also expected to grow 7 percent yearly. Heck, in a recent report released by Google and Temasek, Vietnam’s internet economy is also […]
Big Oil’s renewable shift seen flooding shareholders with cash
[SINGAPORE] Shareholders of global oil giants will be “drowned” in cash from dividends and buybacks for the next 20 years as the firms shift their capital structure to finance renewable projects, according to Rystad Energy, an energy research company. Majors such as Exxon Mobil Corp and Chevron Corp have traditionally had to hoard cash as […]
Parliament: Singapore generated 0.11% of global emissions in 2017
Singapore’s vulnerability to rising sea levels has been on the national agenda, but in Parliament yesterday, the nation’s role in contributing to planet-warming emissions was also highlighted. Singapore generated 52.5 million tonnes of greenhouse gases in 2017, said Dr Koh Poh Koon, Senior Minister of State for Trade and Industry. This works out to about […]
Move away from giving fuel subsidy: Jomo
KUALA LUMPUR: The government has been urged to consider not giving fuel subsidy but rather encouraging more use of renewable energy. Economist and former Council of Eminent Persons member Dr Jomo Kwame Sundaram said fuel subsidies were major distortion in markets. “The government has been trying to reduce this subsidy. Fuel subsidies in all countries […]
52.5m tonnes of greenhouse gases generated by Singapore in 2017: MTI
SINGAPORE: Fifty-two-and-a-half million tonnes of greenhouse gases was generated by Singapore in 2017, with industries contributing about 60 per cent of this amount, said Senior Minister of State for Trade and Industry Koh Poh Koon on Monday (Oct 7). Around three-quarters of industries’ emissions was from the refining and petrochemicals sector, added Dr Koh. Dr Koh was responding to […]
$13 bn investment, 15,000 hectares of land: What will go in creating the world’s largest solar farm
Australian technology billionaire Mike Cannon-Brookes has recently announced that he would be investing in Singapore-based Sun Cable to create the world’s largest solar farm. Read more at: //economictimes.indiatimes.com/articleshow/71472108.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Hydrogen as a clean fuel for transportation
According to the International Energy Agency (IEA), ASEAN currently consumes 4.5 million barrels of oil per day, while it only produces 2.5 million barrels per day, with the remaining supply gap – over 40 percent of the demand – coming from imports. Such oil demand is mainly driven by the transport sector, especially land transport, […]
Yeo: Malaysian govt not paying for plastic waste repatriation
KUALA LUMPUR: Three countries have agreed to take back 89 containers of plastic waste detained at seaports, at no expense to Malaysian government. “We already know where the country is from and we have contacted the ambassadors,” said Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) Yeo Bee Yin. “So far, three countries […]