Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has asserted the government’s commitment to not sacrifice the archipelago’s environment for economic development. Speaking during a discussion in Jakarta on Tuesday, Luhut said Indonesia was looking for its own “equilibrium; not that used by the United States and Europe.” “I will never issue any regulations that […]

JAKARTA, Nov 20 (Reuters) – Indonesian president Joko Widodo said on Wednesday the govnerment’s policy of processing natural resources at home will end the country’s current account deficit problem within three years. Indonesia has had persistent current account deficit since late-2011. Last year’s current account deficit was equal to 3% of gross domestic product. “I’ve […]

MAGNUS Energy Group’s board of directors has asked shareholders requisitioning an extraordinary general meeting (EGM) that a director be removed only if there is at least a new or remaining director who is ordinarily resident in Singapore as replacement. The Catalist-listed firm in a regulatory filing on Tuesday informed the Singapore Exchange about the board’s […]

The Joint Standing Committee of Commerce, Industry and Banking (JSCCIB) of Thailand announced recently that it has completed a trial of a trade platform leveraging blockchain technology and developed by a Japanese system integration company. The test was run as part of JSCCIB’s private sector initiative to develop a National Digital Trade Platform (NDTP) in […]

The Electricity Generating Authority of Thailand (EGAT) has partnered with INNIO to implement a micogrid pilot project. The pilot will be conducted at the utility’s zero-emissions energy excellence centre in Bang Krul Nonthaburi in Thailand. The centre is expected to be completed by the end of 2020. Read more about microgrids here INNIO will provide […]

Beginning around 2000, big inward investments paved the way for Singapore to become the dominant regional data center hub with a thriving commercial data center sector. Fast forward to 2019/20 and Singapore is facing significant challenges placing data center operations at the heart of the discussion around sustainability and GDP growth. For Singapore to meet […]

Southeast Asia has shown an improvement in the number of women in leadership roles. The Philippines, Vietnam and Singapore are leading in having the most women holding senior management positions, based on a 2019 report by Grant Thornton, ‘Women in Business’. However, women representation decreases as they go up the management ladder. A survey by the […]

Countries in Southeast Asia must implement tougher plastic waste policies to tackle the pollution problem. A new assessment by UN Environment Programme (UNEP) has found limited packaging-related policies and weak enforcement are aggravating the issue of plastic pollution in countries across the region. The report looked at policies on packaging waste and standards in 10 […]

KUCHING: It is safe to use hydrogen fuel cell technology in public transport, a Sarawak assistant minister said. Assistant Transport Minister Jerip Susil said research has shown that the use of hydrogen is also environmentally friendly. However, he told the state assembly today that research and development are still being carried out before a decision […]

Sembcorp Energy UK, part of the Singapore-based Sembcorp Industries group, a leading energy, marine and urban development group, announces that the first 60 megawatts (MW) of its battery energy storage system (BESS) fleet are now in operation. Located in Asfordby in Leicestershire, and Ellesmere Port and Runcorn in Cheshire, the three battery storage sites recently […]