RM3.4b in investments targeted for IGEM 2020
KUALA LUMPUR: The government targets to secure RM3.4 billion in investments and potential business leads for the upcoming International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2020. Minister of Energy, Science, Technology, Environment and Climate Change Yeo Bee Yin in her text speech said the higher target is achievable as IGEM 2019 secured […]
Lynas fails to get Malaysian approval for higher processing limit, shares slide
[BENGALURU] Australian rare earths miner Lynas Corp said on Tuesday it was unsuccessful in securing approval from a Malaysian regulator to increase its lanthanide concentrate processing limit for 2019. Shares of Lynas fell as much as 5.8 per cent after the announcement, its worst slump since Aug 23. By 0120 GMT, the shares pared losses […]
Waste collection changes to come in the new year
Come next year, Phnom Penh residents will no longer have waste collection fees included in their electricity bill, thanks to an online payment system. A directive on changes to the payment system was signed by Phnom Penh municipal governor Khuong Sreng on Monday. It said that to modernise public services and ensure everyone paid, waste […]
Cambodia looks to hydropower, but…
Along with most Southeast Asian countries, Cambodia’s electricity consumption over the past decade has skyrocketed. In a report by the World Wide Fund for Nature (WWF), electricity consumption in Cambodia has been growing rapidly, averaging 20 percent growth per annum since 2010. This rate continues to accelerate as average incomes in the nation rise on […]
Myawady to have access to national grid at the end of this year
Residents from Myawady in Kayin State will have access to national grid at the end of this year, said Khin Maung Win, Deputy Minister for Electricity and Energy. He replied to a question raised by MP Sein Bo of Myawady Constituency in a parliament session held on December 16 whether the government has plans to […]
Myanmar momentum builds for Woodside
It comes a year after Woodside as operator successfully drilled two wells including its Shwe Yee Htun-2 appraisal well in the Shwe Yee Htun field in Block A-6. Shwe Yee Htun-2 confirmed good reservoir quality, permeability and well production deliverability. Woodside has a 40% operational interest in Block A-6 alongside Myanmar Petroleum Resources (20%) and […]
Boosting power generation a priority in Myanmar
NAYPYIDAW: Myanmar estimates about 1,000 megawatt (MW) of power will be generated by the middle of next year to add to the country’s capacity. President U Win Myint said this when announcing the 50 per cent nationwide electrification mark last Friday, according to The Myanmar Times. Since coming to power in 2016, the National League […]
‘Doubt your electric bill? We climb power poles’
If consumers suspect their electric bill is too high, they can call their local electricity engineer’s office to double check their power usage and ensure the charge is correct, said U Khin Maung Win, deputy minister of Electricity and Energy.
Myanmar gas deal to benefit Thailand
A new cooperation deal between the Myanmar government and private energy company, MPRL E&P, will bring good news for Thailand’s power generation sector, Myanmar’s Ministry of Electricity and Energy said in a statement on Monday. The statement was issued after MPRL E&P, a Myanmar-based independent energy company, successfully concluded negotiations with Yangon on two key […]
State to continue support for fuel price fund
HA NOI — The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoàng Anh Tuấn, deputy head of the domestic market department under the Ministry of Industry and Trade in a recent meeting with industry leaders.