IP regime, connectivity to keep Singapore industries competitive in low-carbon future: Chan Chun Sing
SINGAPORE – Singapore will work with its industries as it moves to meet standards of a low-carbon future, while remaining competitive with its strong connectivity and intellectual property (IP) regime, said Trade and Industry Minister Chan Chun Sing on Friday (April 5). Describing the need to constrain emissions as “a new mountain to climb”, Mr […]
CDL snags $500m in green loans for new property developments
SINGAPORE – City Developments Limited (CDL) has bagged $500 million in two green loans, marking the first time such financing will be used in Singapore for new property developments, the mainboard-listed developer said on Friday (April 5). A three-year green loan of $400 million will be provided by DBS Bank, which is also the adviser for […]
Energy industry faces climate and job hurdles: Chan Chun Sing
SINGAPORE faces the challenge of building a low-carbon world in the coming decades, Minister for Trade and Industry Chan Chun Sing said at an energy and chemicals industry event on Friday morning. He said the Republic is committed to working with energy and chemicals industry partners on competitiveness and sustainability, such as by fostering the development […]
Duterte vows better energy supply in Palawan before yearend
MANILA, Philippines — Palawan will have better energy supply before the year ends, President Rodrigo Duterte gave this assurance on Thursday night during his visit to the island-province. “I assure you that before the end of the year there’s a reduced rotation in the number of hours and maybe lessening of the inconvenience,” Duterte said […]
DOE Steers Power Industries to Work Together for the Summer Months
TAGUIG CITY – Department of Energy (DOE) Secretary Alfonso G. Cusi has been closely coordinating with the power industry players to address the growing demand and the thinning of power reserves for the summer months. “The entire energy family should take a pro-active approach towards securing our power supply, especially since it is both summer […]
DOE coordinates with power producers to ensure supply
MANILA — For the third consecutive day, the Department of Energy (DOE) assured the public that it continues to coordinate with power producers as the country’s power reserves grow thinner. In a statement, the Energy department said the yellow alert status in the Luzon grid was lifted by the National Grid Corporation of the Philippines […]
New DoE framework puts energy storage at heart of Philippines’ energy reforms
Questions around who should own, operate and ultimately benefit from the deployment of energy storage systems could soon be resolved in the Philippines after the government Department of Energy (DoE) issued a set of draft guidelines. In order to accommodate energy storage as an enabler for the modernisation of its electricity networks, the Philippines’ Department […]
Laos launches pilot project for electric vehicle charging system
VIENTIANE, April 3 (Xinhua) — Laos has taken a step towards the development of electric vehicles with the launch of a pilot project of vehicle battery charging stations. The Lao Ministry of Energy and Mines is set to work with the private sector on the project as part of efforts to promote the use of […]
Govt urged to push for electric vehicles
In an interview with The Nation, Gu cited China as an example where EV sales have already topped 1 million units due to the Chinese government’s adoption of a car ownership policy that favours EVs. Free ownership licences have been granted to those who want to buy electric vehicles so the country’s EV adoption has […]
Vietnam electricity prices go up again after two years
Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years. A senior official of the Ministry of Industry and Trade told that prices have gone up from VND1,720 (7.4 cents) per kWh to VND1,864 (8 cents), exclusive of VAT. The ministry had said earlier this month that the Prime Minister had […]