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DOE activates energy resiliency TF after earthquake hits Luzon

MANILA — The Department of Energy (DOE) has activated the Task Force Energy Resiliency (TFER) after a 6.1 magnitude earthquake hit parts of Luzon past 5 pm Monday. Citing a report from the National Grid Corporation of the Philippines (NGCP), the energy department said in a statement that power interruptions took place in Pangasinan, Pampanga, […]

New China-Laos joint project to power up electricity distribution in Laos’ capital

VIENTIANE, April 22 (Xinhua) — The new 500 kV and 230 kV transmission lines to be installed in Laos’ capital Vientiane, a joint project between Lao and Chinese companies, will ensure more Lao people to have sufficient power, officials here have said. The new power lines will transmit electricity from hydropower dams for use in […]

Japan’s JBIC signs financing for Van Phong coal station in Vietnam

TOKYO, April 22 (Reuters) – A consortium of banks led by Japan Bank for International Cooperation (JBIC) approved a nearly $2-billion loan for a coal-fired power plant in Vietnam that critics said breached an international agreement on financing the dirtiest fossil fuel. The state-owned JBIC signed the loan agreement for $1.99 billion with private banks […]

Vietnam to Encourage Environmentally Friendly Building Design

HO CHI MINH CITY — Consider that buildings can be designed, in relation to the sun, depending on whether occupants want to maximize the amount of natural light their windows let in, or to minimize the heat absorbed by the building. Or that they can be built with sensors to detect water leaks, thus reducing the […]

Cambodia embraces Belt and Road Initiative

President Xi Jinping’s announcement of the Belt and Road Initiative (BRI) in 2013 was widely welcomed by many Asian countries. Studies suggest that there is a significant need of infrastructure development across Asia, including Southeast Asia. According to the ADB Report in 2017, Asia needs at least $8.2 trillion in financing infrastructure investment from 2010 […]

Singapore in Talks With More Electric Car Companies After Dyson

Following Dyson Ltd.’s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island. Singapore is pitching its connectivity to global markets through free-trade agreements, its high-skilled workforce and stringent protection of intellectual property, which […]

‘World Bank indirectly funding Asian coal projects’

[JAKARTA] An international team of environmental and financial experts claim in a report that contrary to declarations it made in 2013, the World Bank (WB) has been indirectly funding coal mining projects in Asia. According to the report, published this month (11 April),  the WB’s private-sector arm – the International Financial Corporation (IFC) – has […]

Malaysia ranks 8th in Asia-Pacific for environment-friendliness

PETALING JAYA: Human activities are contributing to climate change and this has affected the quality of life in some places around the world. It leads us to this question: Is Malaysia environmentally-friendly? According to an analysis on the Greenest Countries in Asia Pacific by Singapore-based research firm ValueChampion, Japan is the greenest country, followed by […]

Singapore’s DBS Bank Shifts Financing To Renewable Energy Projects

Singapore’s DBS Bank has announced plans to stop financing coal-powered plants as it looks to support the country’s ramping up renewable energy projects. The bank is the second in the city-state to drop coal energy initiatives. According to the Straits Times, DBS said it will continue to honor existing partnerships but will no longer finance […]

Local fuel prices increase by K140-K200 per liter in over four months

Local fuel prices have continued to increase by K140 to K200 per liter over the past four months as global oil prices reach about US$64 per barrel although Myanmar Kyat against dollar sees little fluctuation with the current value of just over K1,500, according to local filling stations. On April 18 in local market, maximum […]