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Socio-economic Indicators

This chart shows main socio-economic indicators in ASEAN, such as GDP and Population.

Nissan Leaf launched in Thailand, EV goes for RM252k

Edaran Tan Chong Motor (ETCM) is previewing the new Nissan Leaf at the Kuala Lumpur International Motor Show (KLIMS). The premiere of the second-generation electric vehicle here falls in line with that mentioned earlier this year, when it was stated that the car was due to get its first public showing at the event. The […]

Taiwan’s Kymco brings electric scooters to Philippines

MANILA — Taiwanese motorcycle maker Kymco said Tuesday it hoped the government would back its electric scooter foray in the country to help cut air pollution. The Philippines has huge potential for electric scooters, given the government’s pro-environment programs, even if electricity in the country is expensive, said Kymco Philippines President Frank Yang. Kymco has […]

Argentina announces $2.3 bln joint shale oil project with Malaysia’s Petronas

Argentina’s state-controlled energy company YPF and Malaysia’s Petronas are forming a joint venture to invest $2.3 billion over the next four years in the country’s Vaca Muerta shale oil fields, the president’s office announced on Tuesday. State-owned Petronas will have an equal stake in the project through its subsidiary Petronas E&P Argentina SA, the presidency […]

Singapore reforming spread near 8-year low on gasoline overhang, poor blend demand

Singapore — The Singapore reforming spread, which measures the difference between FOB Singapore 92 RON gasoline and the FOB Singapore naphtha derivative, tanked to a near eight-year low of $6.58/barrel at 0830 GMT close of Asian trade Tuesday, pressured by thin blending demand thanks to a chronic oversupply of gasoline. The reforming spread was last […]

UPDATE 1-Asian gasoline refining margins crash to loss-making 7-year lows

SINGAPORE, Dec 5 (Reuters) – Singapore’s refinery margins for making gasoline have fallen to their weakest levels in seven years – so low that churning out this key motor fuel has become a loss-making business. Seen as a benchmark across Asia, Singapore margins for 92 RON gasoline against Brent crude oil GL92-SIN-CRK hit minus $1.44 […]

Why is green bond growth in Southeast Asia so weak?

Much of the growth in Asian green bond issuance is in China, with Southeast Asian countries gaining momentum. What can the finance industry do to boost green investments in developing nations in Southeast Asia? While the global market for green bonds reached a record of more than US$155 billion last year, there are still only a few banks in developing countries in […]

Vietnam could raise electricity prices in 2019

Officials cited factors such as lower supply for hydropower plants and gas fields. The Ministry of Industry and Trade (MOIT), as well as Vietnam Electricity (EVN), indicated that some factors that could raise the prices of power in Vietnam are growing, local newspaper VnExpress reported. MOIT’s Electricity Regulatory Authority (ERA) is developing a power supply […]

Poyry to work on various renewable energy projects in Indonesia

December 5 (Renewables Now) – Finnish consulting and engineering firm Poyry Plc (HEL:POY1V) said on Monday it has entered into a three-year framework agreement for the development of various renewable energy projects in Indonesia, including hybrid schemes. The contract was awarded by PT Indonesia Power, a unit of state-owned power distributor PT PLN, and covers […]

The most important country for the global climate no one is talking about

Indonesia is one of the world’s largest emitters of greenhouse gases, but manages to fly well below the radar. World leaders are gathered this month in Katowice, Poland, for COP24, the most important global meeting on climate change since the 2015 UN Climate Conference in Paris. At the top of agenda: getting countries to agree on […]