PM Anwar: Govt to develop policy framework to make Malaysia green investment hub
The government will develop a policy framework and targeted plans to make Malaysia a major regional green investment destination and hub, said Prime Minister Datuk Seri Anwar Ibrahim.
Asian Development Bank pledges support for Cambodia’s finance sector
PHNOM PENH (Phnom Penh Post/ANN): Cambodian Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order to support small and […]
Calls to clarify Vietnam’s FIT issuance amid fairness concerns
Vietnam’s energy sector, in spite of attracting substantial investment interest in recent years, is encountering various challenges, notably in ensuring energy security and efficient management of resources, a session of the National Assembly heard on October 12.
Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects
BANGKOK, Oct. 11, 2023 /PRNewswire/ — The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.
Myanmar’s rare earth mining suspension sends global prices skyrocketing
The continued shut down of Myanmar’s controversial rare earths mining sector has sent the price of the critical metal sky high. Led by a swarm of illegal miners, Myanmar has been one of the world’s largest producers of rare earths in recent years, with the majority of its output sent to neighbour China.
Masdar signs MoU with Malaysia for 10GW of renewables development
United Arab Emirates (UAE) renewables developer Masdar has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest $8bn in up to 10GW of renewable energy projects in Malaysia.
Miller expands Thailand presence with energy sector partnership
Miller has announced a new partnership with Central Insurance Services (CIS) in Thailand, aimed at enhancing the firm’s energy offerings and expanding its reach within the region.
Japan’s METI, JOGMEC, Malaysia’s Petronas to work on cross-border CO2 transport
Japan’s Ministry of Economy, Trade and Industry (METI), the Japan Organization for Metals and Energy Security (JOGMEC) and Malaysian national oil company Petronas have signed an agreement to cooperate on the transboundary transport and storage of CO2, METI said in a statement Oct. 6.
