Singapore gathers global energy firms to seek out new innovation for sector
Four international energy companies have joined hands with Enterprise Singapore in their call for startups to pitch and develop digital solutions to help address key challenges in their sector. Specifically, 19 challenge statements around robotics, sustainability, work flow, and asset management have been issued.
Chinese firms outnumber rivals in Myanmar solar tender
Chinese companies have outnumbered their local and foreign rivals by far in submitting bids for a controversial solar tender in Myanmar, according to an unofficial list of bidders seen by The Myanmar Times. The ministry has not made any official announcements about the number of bids received or released details of the bidders, however, the […]
Pestech lists on exchange
Power transmission provider Pestech (Cambodia) Plc on Wednesday became the 13th company to list on the Cambodia Securities Exchange (CSX), following an arduous preparation process marred by the Covid-19 pandemic. In its initial public offering (IPO) Pestech Cambodia, a 100 per cent owned subsidiary of Malaysia-based Pestech International Bhd, issued 3.9 million shares (5.26 per cent […]
Energy efficiency industry claims eligibility for 6-year tax holiday
THE energy efficiency industry said energy-saving projects should qualify for a six-year income tax holiday based on its interpretation of the Omnibus Investments Code. According to the Philippine Energy Efficiency Alliance (PE2), if energy efficiency and conservation (EEC) projects are treated as locally-sourced power, proponents are eligible for the tax holiday.
Hengyuan Refining Company selects Honeywell technology for Malaysian refinery
Malaysia-based Hengyuan Refining Company Bhd. (HRC) has started using Honeywell UOP’s modular Chlorsorb™ technology as part of a revamp of its existing UOP CCR Platforming™ unit to help it comply with new clean air regulations. Located in HRC’s facility in Port Dickson, Malaysia, the modular Chlorsorb unit is the first retrofit in the world involving such a […]
Sime Darby ramps up palm replanting with new high-yielding seedlings
[KUALA LUMPUR] Sime Darby Plantation, the world’s largest producer of sustainable palm oil, rolled out the replanting of unproductive trees with its new higher-yielding seedling which it says is 20 per cent more productive. Malaysia-based Sime in June announced its “GenomeSelect” seeds with a potential to increase output of the edible oil by 20 per […]
Malaysia bets on large scale solar PV to revive economy
Malaysia’s Large Scale Solar (LSS) programme has entered its fourth round of auctions and according to research firm GlobalData is expected to play a significant role in restarting the country’s investment flow and post-pandemic recovery. The Ministry of Energy and Natural Resources (KeTSA) of Malaysia launched the 1GW tender program to boost the country’s economic performance.
Malaysia losing up to 25% of palm oil yield due to labour crunch: MPOA
[KUALA LUMPUR] Malaysia is losing up to 25 per cent of its potential palm oil yield due to a labour shortage that is expected to worsen in the coming months, the Malaysian Palm Oil Association (MPOA) said on Monday. The group, which represents plantation firms, said the government’s decision to freeze the recruitment of new foreign […]
