US and UK Stand Ready to Partner with Thailand to Achieve its Climate Objectives
Today (29 April 2021), UK Ambassador Brian Davidson and U.S. Charge d’Affaires Michael Heath reaffirmed climate commitments each country made at the US-hosted Leaders Climate Summit last week. The Chiefs of Mission welcomed Thailand’s announcements, praised Thailand for its regional leadership on climate change issues, encouraged all countries – including Thailand – to set ambitious […]
Lao power generation firm seeking partners to boost capacity
Majority Lao state-owned power generation firm, EDL-Generation Plc (EDL-Gen), is seeking strategic private partnerships in neighbouring countries to boost its total capacity by 25% to fulfil growing regional energy demand.
Planned ASEAN Taxonomy for Sustainable Finance would benefit from Islamic input, say international experts
Input from Islamic financial specialists will smooth the path to development of a region-wide taxonomy for financial services in Southeast Asia, Salaam Gateway understands from international experts. On March 30, finance ministers and central bank governors from members of the Association of Southeast Asian Nations (ASEAN) announced their support for an ASEAN Taxonomy for Sustainable […]
Global calls for green action
The drumbeat is growing louder for a shift to green technology and infrastructure throughout the world, including in Cambodia, which is still mostly reliant on “brown” energy consumption as it hopes to balance cost-efficient development with sustainable technology.
South Korean steelmaker POSCO defends Myanmar gas business
SEOUL: South Korean steelmaker POSCO said on Monday it does not believe its unit POSCO International’s gas projects in Myanmar have a direct link to the military which seized power there in February. The unit’s gas business had existed for about 20 years, persisting through regime change, and related payments were paid to the Myanmar […]
UOB reiterates to support transition to cleaner energy
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has reiterated its commitment to help the country’s transition to cleaner energy by supporting power plants with lower environmental impact and financing natural gas and solar projects in the country. In a statement Thursday, UOB Malaysia said the bank was a co-financier in a Commodity […]
Vietnam eyes $128bn investment in gas and renewables
Vietnam will need more than $128 billion of investment to achieve bullish targets in its latest power development plan that seeks to expand gas and renewable generation capacity over the next decade.
Trungnam Group sells stake in solar power plant
The Trungnam Group has sold a 49 percent stake in a central Vietnam solar power plant to an electricity equipment manufacturer. The 49 percent stake, whose value has not been disclosed, has been bought by A Chau Industrial Technology, a manufacturer of electrical equipment that has been showing increasing interest in solar power development in […]
