RAM rates world’s first UN SGD sukuk issued by HSBC Amanah Malaysia
KUALA LUMPUR: RAM Ratings has rated the world’s first United Nations (UN) Sustainable Development Goals (SDG) sukuk issued by HSBC Amanah Malaysia Bhd. The sukuk is under the bank’s RM3bil multi-currency sukuk programme (2012/2032) which carries an AAA/stable rating. “This global first by HSBC Amanah puts Malaysia again on the sustainable finance world map,” says […]
Sarawak to model mega dam management after Canada, CM says
KUCHING, Oct 7 — Sarawak will be taking Canada as a model in the management and governance of its mega dams and water usage, Chief Minister Datuk Patinggi Abang Johari Openg said today. He said Canada, in particular the province of Ontario, has a long history and reputation of hydro power generation with the […]
Malaysia to pick experts for EU panel on land usage for palm oil
KUALA LUMPUR: Malaysia has agreed to appoint experts to be part of the European Commission’s panel which will look into indirect land use, which is crucial to avert discrimination by the EU countries. Primary Industries Minister Teresa Kok said on Sunday the experts would sit in the EC’s expert panel on indirect land use change […]
China Reshapes The Vital Mekong River To Power Its Expansion
Chinese tourists account for more visitors to Thailand — and much of Southeast Asia — than from any other country. The Thai village of Sob Ruak, at the heart of the Golden Triangle region where Thailand, Laos and Myanmar meet, is no exception. Tour buses routinely disgorge thousands of Chinese tourists to buy trinkets, […]
Solar vital to energy plans
With the Energy Ministry having recently set a new target for Thailand to make a gradual transition away from fossil fuels to decarbonise energy generation in the country, recent research by two Harvard University scholars provides useful information for the policymakers. It gives a realistic assessment of the pros and cons of two renewable energy […]
LPG Consumption Growth of 23% in Cambodia
According to Cambodia’s government figure, LPG consumption grew at rapid rate of 23% in 2017. Cambodia is one of the fastest growing countries in the world. With an average growth of more than 7%, it is slowly transforming itself from being one of the least developed countries to one of the most rapid and fast […]
Government seeking solution to tackle fuel price hike: Spokesperson
The government is working to deal with rising fuel oil prices as it increased transportation costs and has an impact on commodity prices, said Zaw Htay, Spokesperson of Myanmar President’s Office, at a press conference held in the President House in Nay Pyi Taw on October 5. “Transportation costs have increased by 10 per cent […]
Government explains petrol price jump
The retail price of petrol in Cambodia has increased for the third straight month, upsetting many who work in low-paying jobs, such as tuk-tuk drivers. The price jumped to 4,200 riel per litre in mid-October from 3,950 riel in July, according to the Ministry of Commerce. The price increase is hurting low-income families as the […]
Thailand’s Biggest Winery Goes Solar
“Thailand’s biggest winery Siam has entered a 20-year agreement with a Singapore-based solar company to install a rooftop solar system to cut down carbon dioxide emissions, the first Thai winery to do so.” According to Cleantech Solar, the Singaporean company will install a 1MWp on-site rooftop solar system for the Thai winery, based in Hua […]
Malaysia new car available in 2020
Malaysia is making a big push into developing “disruptive technology-driven” vehicles for global markets, with its maiden model expected to hit the market in two years’ time. The model is under the new national car project (NNCP) mooted by Prime Minister Tun Dr. Mahathir Mohamad. Its prototype is expected to be rolled out early next […]