Energy and mining investments in Indonesia fall to 5-year record low in 2020

Energy and mining investments hit the lowest level in at least five years in 2020, shrinking 26.6 percent year-on-year (yoy) to $24.4 billion as the coronavirus outbreak canceled projects across the board, reducing Indonesia’s chance of meeting its economic goals on time. Energy and Mineral Resources (ESDM) Ministry data revealed that the sharpest annual decline […]

Philippines grid operator preparing for potential record IPO

[MANILA] The Philippines’ electricity grid operator is preparing for an initial public offering (IPO) to comply with regulatory requirements, a share sale that a source with knowledge of the plan said could raise as much as a billion dollars.