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MIDF: Malaysia’s economy strong enough to withstand external crises

KUALA LUMPUR, Oct 24 — Malaysia’s relatively strong and firm economic fundamentals is capable of withstanding external-driven crisis, said MIDF Amanah Investment Bank (MIDF). While saying that the economy was driven by domestic spending and lesser exposure to external trade, the research house added that the steady pick-up in global energy prices provided additional support […]

Switched on: Top electric power conference heads to Thailand

The Power and Energy Society (PES), which bills itself as the the world’s largest forum for the electric power industry, is literally counting the days, hours, minutes and seconds before its Grand International Conference and Exposition is held for the first time outside of the United States. The Institute of Electrical and Electronics Engineers (IEEE), […]

Malaysian palm producer FGV appoints chairman as interim CEO

KUALA LUMPUR, Oct 24 (Reuters) – Malaysian palm oil producer FGV Holdings has appointed Chairman Wira Azhar Abdul Hamid as interim chief executive, it said in a bourse filing on Wednesday, as the company reshapes its management after high-profile departures in recent months. The statement added that Wira Azhar’s role as chairman remains unchanged. Three […]

Federal working with State to resolve power issues – Yeo

KOTA KINABALU: The root of Sabah’s electricity problem lies in its transmission and distribution. Energy, Science, Technology, Environment and Climate Change (MESTECC) Minister Yeo Bee Yin said that power generation is not the only main issue for Sabah as the state has a sufficient supply of power. She pointed out that the state’s current reserve […]

PHL signs oil exploration deal with Israel’s Ratio Petroleum

THE Philippines on Wednesday formally awarded a petroleum service contract (PSC) to Israeli firm Ratio Petroleum Ltd. for the exploration of an area in the east Palawan basin, a move which the Energy department said bodes well for country’s upstream petroleum industry. The ceremonial signing, which took place at the Heroes Hall of Malacañan Palace, […]

Hydroelectric Power in Laos: Economic Security in Energy-Hungry South-East Asia

Background Hydroelectricity is at the core of Laos’ strategy to become the “Battery of Asia”. The export of electricity to neighbouring high-growth states, such as Thailand, is predicted to stimulate economic development. The average Laotian is likely to benefit from new employment opportunities, greater access to electricity and the development of infrastructure related to hydroelectric […]

Transplant a man with a plan

Kulit Sombatsiri is the first permanent secretary in Energy Ministry history to announce his clear-cut work plans in the first week on the job. Kulit Sombatsiri is the first permanent secretary in Energy Ministry history to announce his clear-cut work plans in the first week on the job. “I want to make it clearer and […]

The road is clear for solar energy in Cambodia, says UNDP director

Nick Beresford, country director of the United Nations Development Programme (UNDP) in Cambodia, discusses the state of Cambodia’s energy sector, the hope of solar, and bringing electricity to everyone. Where does Cambodia’s electricity come from? It has a very large hydro sector – 46 % – so that’s the single largest part of the energy […]

Thailand falls on energy slump, Singapore recovers

BENGALURU (Oct 24): Thai shares fell nearly 1% on Wednesday as the country’s energy sector came under pressure after oil prices slumped overnight, while shares in Singapore pulled back from the previous day’s losses. Thai stocks were down 0.9%, having resumed trading after a local holiday, with PTT Public Company Ltd falling 2%, while PTT […]

Hevel Group supplies HJT PV modules to Thailand

High-performance modules have been installed on oil and gas company’s units. Hevel Group has supplied 279 kW of 60-cell heterojunction solar modules to one of the largest oil and gas companies in Thailand – Bangchak Corporation Plc. HJT modules are installed on top of Bangchak Corporation’s infrastructure units. The parties agreed not to disclose the […]