ADB, Infrastructure Asia agree to promote green finance for sustainable infrastructure in Southeast Asia
The agreement will allow ADB and Infrastructure Asia to help state-owned enterprises, regional and municipal governments, in Southeast Asia in improving their institutional, financial, and governance capacities for developing innovative and green infrastructure programs and projects The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast […]
ADB, Japan to strengthen cooperation on clean energy in ASEAN region
Manila: The Asian Development Bank (ADB) and Japan‘s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation to enhance their joint efforts to promote clean energy in southeast Asia.
Ahead of Blinken trip, US says committed to ‘unprecedented’ ASEAN ties
US President Joe Biden is committed to elevating US engagement with the Association of Southeast Asian Nations (ASEAN) to “unprecedented” levels, the top US diplomat for Asia said on Wednesday, ahead of a visit to Southeast Asia by US Secretary of State Antony Blinken.
Alternative Energy Regulation and the Covid-19 Pandemic Restrict Global Coal Market Growth
IndexBox has just published a new report: ‘World – Coal – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources […]
AMEM a chance to promote multilateral energy trading
The Energy Ministry is ready to push forward five plans to promote the sector regionally at the 37th Asean Ministers on Energy Meeting (AMEM), scheduled for Sept 2-6 in Bangkok. Poonpat Leesombatpiboon, the ministry’s director for international affairs, said the five action plans are expected to be developed at the meeting. The priority plan is […]
An ambitious Italy-Asean development partnership to live up to global challenges
At its 53rd Foreign Ministers’ Meeting last September, Asean, with the support of all member States, endorsed Italy’s candidature as a development partner, thus establishing the first formal link between Italy and the Asean family. It is a significant achievement, part of Italy’s closer engagement with the region.
An idea to electrify 1 million boats in Southeast Asia—inspired by Ikea
All around Southeast Asia, experiments in the electrification of transport are underway. Buses in Thailand, cars in Malaysia, scooters in Myanmar, bicycles in Singapore, and jeepneys in the Philippines. But, as sea levels rise around the climate-vulnerable sub-region, what about transport of the seafaring variety? Hans van Mameren, a septuagenarian Dutchman who runs Singapore-based renewable energy […]
Analysis: Low gas prices not enough for Asia to move away from coal
Singapore — Record low global gas prices may have hit the appetite for coal in the Americas and in Europe, but it may do little to snatch away the fuel’s strong presence in Asia, thanks to the region’s limited scope to switch between fuels.
Analysis: Southeast Asia’s LNG balancing role in focus, as Thailand agrees import capacity expansion
Singapore — Thailand’s Map Ta Phut phase 3 expansion has turned focus to Southeast Asia’s demand growth potential and future balancing role in global LNG, as oversupply concerns extend into the mid-2020s. Thailand’s Gulf PTT Tank Consortium signed a 30-year contract with the Industrial Estate Authority of Thailand (IEAT) on Tuesday for the third phase of […]
Analysis: Trans-ASEAN gas projects losing relevance amid the fast-paced LNG growth
An ambitious project to link Southeast Asia with a network of natural gas pipelines is losing relevance to a much faster build-out of LNG import terminals as the region leans increasingly towards seaborne supplies. The Trans-ASEAN Gas Pipeline was first conceived in the 1980s to boost the region’s energy security using Southeast Asia’s own prolific […]