New national car brand a boost for automotive industry — Mahathir
SERDANG (April 11): Prime Minister Tun Dr Mahathir Mohamad said today Malaysia’s desire to create a new national car brand is significant and will intensify the development of the automotive industry in the country. “This project is expected to create new technology clusters and new expert manpower especially in learning the latest automotive engineering technology,” […]
Cambodia electricity shortage cripples small businesses
Large parts of Cambodia have had to endure hours of daily power outages after the country’s main provider said it was unable to meet demand due to dry weather. Small businesses are suffering the most. It’s hot and humid in KT Beauty, a salon owned by Morn Sokunthea. The red-and-black chairs are empty. The fans […]
DOE banks on efficient energy use to address power demand upticks
MANILA — The Department of Energy (DOE) called for conservation and efficient use of electricity so the thinning power supply can keep up with the high demand. This call was issued after the Luzon grid was placed on red alert for several hours on Wednesday morning after some power plants went on unplanned outages and […]
Future Electric: EV Destiny Driving Rapidly Towards Laos
Promising prospects for electric vehicles (EV) in Laos as an agreement signed between power producer ລັດວິສາຫະກິດໄຟຟ້າລາວ EDL and electric-powered vehicle proponents EVLao, The Laotian Times reports. Looking to industry leaders at manufacturing hotpots like Japan, Germany & China, it would appear the early arrival of the electric age when it comes to motor vehicle transport is already well […]
CKPower Ready to Generate Power from Xayaburi HPP after the Synchronization of the first Unit Generator Ceremony in Lao PDR
H.E. Dr. Siri Jirapongphan, Minister of Energy of Thailand along with H.E. Dr. Khammany INTHIRATH, Minister of Energy and Mines, the Lao People’s Democratic Republic, recently presided over the first unit of the turbine generator synchronization ceremony of Xayaburi Hydroelectric Power Project developed by CKPower Public Company Limited or CKP in SET. The Official witnesses […]
Attracting Private Financing for Green Projects Needs Concerted Efforts: HSBC
Jakarta. Sustainable finance, aka financial services that pay special attention to their environmental, social and good governance aspects, can reduce gaps in infrastructure financing—a constraint that has held back long-term growth in Southeast Asia, top executives at London-based lender HSBC said. In its Group Public Affairs Policy note distributed at the 23rd Asean Finance Ministers […]
Singapore Ready to Supply Clean Ship Fuel
Singapore, the world’s largest maritime refueling port, said it will have an ample supply of cleaner fuel to meet an increase in demand next year, when the global commercial fleet will be required to cut sulfur emissions. Janil Puthucheary, the island state’s senior minister for transport, told a shipping conference Tuesday that Singapore has been […]
ABS launches Global Sustainability Center in Singapore
The advanced ABS Global Sustainability Center is the flagship of the company’s sustainability activities worldwide and brings together its projects that focus on the de-carbonisation of shipping. Led by ABS Global Sustainability director Gurinder Singh, the facility includes a team of professionals with diverse backgrounds and expertise. ABS chairman, president and CEO Christopher Wiernicki said: […]
Asean launches facility to mobilize US$1 billion for green infrastructure
Southeast Asian governments, the Asian Development Bank (ADB), and development financiers launched the Asean Catalytic Green Finance Facility, a new initiative to spur more than US$1 billion in green infrastructure investments across Southeast Asia. The launch ceremony was held in Chiang Mai, Thailand, on April 4 and was witnessed by Thailand’s Minister of Finance Apisak […]
Cambodia asks Vietnam to supply more electricity
Mine and Energy Minister Suy Sem today requested the Vietnamese government supply more electricity to help address a current shortage in the Kingdom. A ministry press release said that Mr Sem today discussed the matter at the ministry with Le Bien Cuong, commercial counsellor at the Vietnamese embassy. “His Excellency Suy Sem asked the Vietnamese […]