Singapore trails only behind Netherlands in readiness for driverless cars: KPMG
The Lion City’s test town for driverless vehicles is complete with traffic lights and a rain machine to recreate stormy tropical weather. Singapore retained its second spot amongst 25 countries that have been actively rolling out initiatives in support of autonomous vehicles (AV), according to KPMG’s 2019 Autonomous Vehicles Readiness Index (AVRI). The index, which […]
100 Honda PCX e-scooters have been leased for P2,000/month in Romblon
Imagine a place with no shopping malls, no movie houses, no air-conditioned buses, no five-star hotels, no fast-food chains, and no theme parks. We bet you’d have second thoughts about staying in such a place, especially for a long period of time. We’re talking about Romblon, a place so small, a tourist can easily complete the […]
Generating a smart energy strategy
As Vietnam is a developing country, the demand for energy, particularly for electricity to meet socioeconomic development requirements, is tremendous. Local power consumption has jumped sharply in the past 15 years, with about 9.5 per cent hike a year in actual production output, and is forecast to continue rising quickly in the next 15 years. […]
ADB, IFC invest in Ayala energy unit’s green bonds
AC Energy, Inc. has attracted two of the world’s biggest development lenders International Finance Corp. (IFC) and the Asian Development Bank (ADB) to the Ayala-led company’s multi-million dollar green bond offering that will fund regional renewable energy projects, company officials said. “In total now, we have $410 million from the green bond offer,” Eric T. […]
PM targets diesel cars, factories
BANNING the use of diesel vehicles, promoting the use of electric cars, and suspending the operations of polluting factories were among the measures to tackle Bangkok’s dangerous air pollution that were considered by the Cabinet yesterday. Prime Minister Prayut Chan-o-cha told a press conference after the meeting that all related official agencies were cooperating to […]
The future of Southeast Asian cars is electric
The first image that usually springs to mind when someone mentions any Southeast Asian capital is that of congested roads filled with honking cars and motorcycles. Congested roads have become synonymous with Southeast Asia, and that is not going to change anytime soon. According to the latest data, vehicle sales in Southeast Asia is set […]
NUS launches Singapore’s first net-zero energy building to be built from scratch
SINGAPORE – The National University of Singapore (NUS) launched Singapore’s first net-zero energy building to be built from scratch on Wednesday (Jan 30) at its School of Design and Environment (SDE). Environmentally friendly features such as a solar panel roof and a hybrid cooling system help the new building, called SDE4, to have net-zero energy […]
AC Energy raises $225 million from maiden green bonds
MANILA, Philippines — AC Energy Inc., the energy platform of the Ayala conglomerate, has successfully raised $225 million from its maiden green bond issuance which will bankroll its renewable energy portfolio expansion. The inaugural US dollar-denominated senior green bond issuance has a five-year tenor and a coupon of 4.75 percent per annum, priced at 99.451. […]
Philippines’ largest green office building to rise in Cebu
CEBU CITY — Green developer ArthaLand Corp. is bringing a new brand of sustainable development in Cebu, as the company builds the country’s largest “green” office building, the Cebu Exchange. Top executives unveiled the company’s newest marketing campaign dubbed as “Business in Harmony.” It showcases the Cebu Exchange as a masterpiece of sustainable development, a […]
Enrile warns of ‘looming’ energy crisis
MANILA, Philippines — The government should quickly address a looming energy crisis that may “worsen” with the “Build, Build, Build” program of the Duterte administration, former Senate President Juan Ponce Enrile said Thursday. “We do not have any source of hydrocarbon energy in the country except Malampaya. If a war happens in Russia or in […]