Vietnam is set to build a US$4.2 billion smart city near Hanoi. Why? Because it can.
Vietnam is growing economically. In fact, thanks to the trade war between the U.S. and China, the Southeast Asian nation has benefited the most as companies look to Vietnam for production purposes. Its economy is also expected to grow 7 percent yearly. Heck, in a recent report released by Google and Temasek, Vietnam’s internet economy is also […]
Vietnam cities embrace smart technology
In efforts to embrace the fourth industrial revolution (Industry 4.0), cities and provinces in Vietnam are pushing smart city programmes, combining technology with internet-connected devices to enhance municipal management and economy. Smart cities, with new technologies and integration based on sensor collection and analysis of data, are expected to drive economic, environmental and social benefits […]
Hydrogen as a clean fuel for transportation
According to the International Energy Agency (IEA), ASEAN currently consumes 4.5 million barrels of oil per day, while it only produces 2.5 million barrels per day, with the remaining supply gap – over 40 percent of the demand – coming from imports. Such oil demand is mainly driven by the transport sector, especially land transport, […]
$13 bn investment, 15,000 hectares of land: What will go in creating the world’s largest solar farm
Australian technology billionaire Mike Cannon-Brookes has recently announced that he would be investing in Singapore-based Sun Cable to create the world’s largest solar farm. Read more at: //economictimes.indiatimes.com/articleshow/71472108.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
52.5m tonnes of greenhouse gases generated by Singapore in 2017: MTI
SINGAPORE: Fifty-two-and-a-half million tonnes of greenhouse gases was generated by Singapore in 2017, with industries contributing about 60 per cent of this amount, said Senior Minister of State for Trade and Industry Koh Poh Koon on Monday (Oct 7). Around three-quarters of industries’ emissions was from the refining and petrochemicals sector, added Dr Koh. Dr Koh was responding to […]
BRUNEI SHELL PETROLEUM SECURES PV DRILLING V TENDER ASSISTED RIG FOR SIX YEARS
PetroVietnam Drilling & Well Service Corporation (PV Drilling) has entered into a Contract for Provision of Heavy Tender Assist Semi-Submersible Drilling Unit PV DRILLING V with Brunei Shell Petroleum Company SDN BHD (BSP). The contract has the duration of six years, plus two (2) times of two (2) year extension with commencement date of 01st […]
UPDATE 1-Malaysia’s Petronas sets up $350 mln venture capital fund
KUALA LUMPUR, Oct 4 (Reuters) – Malaysia’s state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial and energy investments. The newly launched Petronas Corporate Venture Capital will look to invest in startups in advanced materials, specialty chemicals as well as those involved in the future […]
Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal
Malaysia’s Finance Minister Lim Guan Eng. Photo: Reuters Malaysia ’s finance minister on Friday said there are no talks with Goldman Sachs on the recovery of billions of dollars of state funds lost via the US bank’s former client 1Malaysia Development Bhd (1MDB) , local media reported. Malaysia filed criminal charges last year against Goldman […]
