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Indonesia considering scrapping domestic sales rule for palm oil exports

INDONESIA’S Trade Minister said on Friday (Jul 22) his ministry was considering removing a domestic sales requirement for palm oil exports since high inventories of the vegetable oil were preventing a recovery of palm oil fruit prices.

UNDP, Indonesia partner to advance SDGs in private sector

Jakarta (VNA) – The United Nations Development Program (UNDP) and Indonesian Chamber of Commerce and Industry (KADIN) are committed to taking joint actions to advance the 2030 Agenda for Sustainable Development (SDGs) through increasingly involving the private sector.

‘Small hydro’ plants better than dams, says green energy activist

PETALING JAYA: “Small hydro” run of river (RoR) projects should be prioritised over dams in growing Malaysia’s reliance on hydroelectric power as they are less detrimental to the environment, says a renewable energy activist.

Resumption of PH-China talks for joint energy exploration urged

MANILA – Senator Robinhood Padilla filed a resolution, urging President Ferdinand Marcos Jr. to resume bilateral talks for cooperation on oil-gas development in the West Philippine Sea.

When energy giant, Shell, combined strengths with Malaysian startup, ParkEasy

Warren Chan’s eight years as an entrepreneur, running Pixelbyte Sdn Bhd with co-founders Eric Tan and Winnie Mah have yielded two key lessons. The first was not to force things but to observe and go with the flow as you are making changes. “In my early days, I used to try so hard to make […]

Samsung SDI Energy to invest RM7bil for a battery factory in Malaysia

SEREMBAN: Samsung SDI Energy Malaysia Sdn Bhd (SDIEM) will invest some RM7bil to build a state-of-the-art facility to manufacture batteries for electric vehicles (EV) near its existing plant at the Taman Tuanku Ja’afar Industrial Area near here.

Indonesia energy firm Indika eyes $2 bln EV venture with Taiwan’s Foxconn

JAKARTA, July 20 (Reuters) – Indonesia’s PT Indika Energy (INDY.JK) is considering jointly investing $2 billion with Taiwan-based Foxconn (2317.TW) on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday.

PLN’s 50-percent additional power capacity in 2030 to be NRE-based

Jakarta (ANTARA) – State-run electricity company PT PLN (Persero) will increase its power generation capacity by around 40 gigawatts, 50 percent of which would be new and renewable energy (NRE)-based plants.

Ilocos Norte residents seek lower power rates

LAOAG CITY – A number of Ilocos Norte residents, mostly riders from here, joined an electric price hike motorcade on Thursday appealing to the Ilocos Norte Electric Cooperative (INEC) and other concerned authorities to help reduce the high electricity rates in the province.

MDEC, UN to accelerate sustainability, climate action adoption

The Malaysia Digital Economy Corporation (MDEC) signed a Memorandum of Understanding (MoU) with UN Global Compact Network Malaysia and Brunei (UNGCMYB) to further raise awareness, build capacity and increase adoption of sustainability and climate action across the digital economy in Malaysia.