The Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years.
Voith has successfully completed the modernization of digital governors for two units of the Kinda hydropower plant in Myanmar, reviving the plant and contributing to local economic and social development.
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan.
Enphase Energy, Inc., a global energy management technology company and supplier of microinverter-based solar-plus-storage systems, has partnered with the renewable energy firm of the Manila Electric Co. (Meralco).
PLN has inked a cooperation agreement with auto brands Gesits, Hyundai and Wuling, as well as ride-hailing company Grab, in a push for the increased development of Indonesia’s electric vehicle (EVs) market
State-owned Pertamina is hoping for government incentives given expected high costs for drilling for often remote locations of geothermal working areas to be developed.
The Philippine National Oil Company-Exploration Corp. (PNOC-EC) stressed the importance of a well-crafted study of the country’s 16 sedimentary basins to make these marketable for prospective investors.
Ayala-owned AC Energy Philippines is breaking free from coal-fired generating facilities, hence, it is casting the divestment of its shareholdings in the 1,336-megawatt Dinginin power project and the 360MW Mariveles coal plant, its joint venture with the Aboitiz group.
Asiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract.
[WASHINGTON] General Electric and a Vietnamese company signed a memorandum of understanding to develop an LNG (liquified natural gas) power plant near Ho Chi Minh City.