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Zamboanga suffers from lack of power supply

ZAMBOANGA CITY: Exasperated by the regular brownouts, Mayor Maria Isabelle Salazar demanded the Zamboanga City Electric Cooperative (Zamcelco) to pay up its overdue accounts to electricity supplier Western Mindanao Power Corp. (WMPC) to resolve the daily power outages. WMPC cut off the supply of electricity to Zamcelco — now under the management of Crown Investments […]

All streetlights to be LED lamps starting September

KUALA LUMPUR: All roads nationwide will be lit with LED lamps, instead of the traditional light bulbs, in a move to save energy by as much as 50%. Right now, about 80% of streetlamps in Malaysia use other forms of lighting apart from LED (light-emitting diodes), which are known to be more energy-efficient and environmentally […]

Renewable energy: the future of power for Vietnam

Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City. Speaking on the sidelines of the conference, Nguyen Tam Tien, CEO of Trung Nam Group, […]

Ministry mulls direct power sale

Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) is considering allowing companies that use a lot of power to buy electricity directly from power plants. Speaking at a press meeting in Hanoi on April 5, Nguyen Anh Tuan, director of the Electricity Regulatory Authority of Vietnam (ERAV), said they have been working with […]

Monetary Authority of Singapore launches Sustainability Bond Grant Scheme

On 26 February 2019 the Monetary Authority of Singapore (MAS) announced the expansion of its Green Bond Grant Scheme to include social and sustainability bonds, and renamed the framework the Sustainability Bond Grant Scheme. Overview In response to feedback from market participants on the Green Bond Grant Scheme introduced in March 2017 (the Original Scheme) […]

IP regime, connectivity to keep Singapore industries competitive in low-carbon future: Chan Chun Sing

SINGAPORE – Singapore will work with its industries as it moves to meet standards of a low-carbon future, while remaining competitive with its strong connectivity and intellectual property (IP) regime, said Trade and Industry Minister Chan Chun Sing on Friday (April 5). Describing the need to constrain emissions as “a new mountain to climb”, Mr […]

CDL snags $500m in green loans for new property developments

SINGAPORE – City Developments Limited (CDL) has bagged $500 million in two green loans, marking the first time such financing will be used in Singapore for new property developments, the mainboard-listed developer said on Friday (April 5). A three-year green loan of $400 million will be provided by DBS Bank, which is also the adviser for […]

Energy industry faces climate and job hurdles: Chan Chun Sing

SINGAPORE faces the challenge of building a low-carbon world in the coming decades, Minister for Trade and Industry Chan Chun Sing said at an energy and chemicals industry event on Friday morning. He said the Republic is committed to working with energy and chemicals industry partners on competitiveness and sustainability, such as by fostering the development […]

Duterte vows better energy supply in Palawan before yearend

MANILA, Philippines — Palawan will have better energy supply before the year ends, President Rodrigo Duterte gave this assurance on Thursday night during his visit to the island-province. “I assure you that before the end of the year there’s a reduced rotation in the number of hours and maybe lessening of the inconvenience,” Duterte said […]

Senate wants Philippine National Oil Co. to focus on oil, gas

MANILA, Philippines — The Senate Committee on Energy wants to streamline the operations of Philippine National Oil Co. (PNOC) and its subsidiaries to allow the state-run firm to solely focus on oil and gas exploration. With the streamlining of operations, Sen. Sherwin Gatchalian said PNOC could focus on securing the growing energy needs of the […]