Investors to get tax exemption after three years, need not wait to exit
KUALA LUMPUR: The government is going to allow venture capital companies to have their investments tax exempted in their filings with Inland Revenue Board, as soon as three years into the investment. When this incentive was announced under the Budget 2018, Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) Yeo Bee Yin explained […]
Idea to develop nuclear energy receives strong opposition in Indonesia
A lawmaker’s revival of an idea to build a nuclear power plant in Indonesia has triggered public debate over the pros and cons of the technology, particularly about its safety and efficiency. The proposal came from Kurtubi, a member of House of Representatives Commission VII for energy affairs, among others, who demanded the government include […]
How can Southeast Asia’s clean energy transition be sped up?
Despite plentiful sun, wind and tidal potential, Southeast Asia has been slow to shift from fossil fuels to clean energy to fuel its fast-growing economies. How can the region quicken the pace of its transition to renewable energy? In Southeast Asia, a region with tremendously diverse economies, resource distribution and population densities, a one-size-fits-all approach will […]
Singapore To Spend $10 Million To Study Rise in Sea Level
SINGAPORE — Singapore is working on putting up their defenses against climate change. In the next two years, the country is putting in $400 million dollars to maintain and upgrade the drainage systems. They are also investing $10 million to studies that look into the rising sea levels and their impact on the island country. […]
A Minister On A Mission
As the world awakens to the enormity of the plastic waste crisis, Malaysia’s Yeo Bee Yin has emerged as one of Southeast Asia’s most vocal champions for biodegradable plastics and a new circular economy. SHARE SHARE TWEET SHARE AsianScientist (Jul. 19, 2018) – Earlier this year, Malaysia’s Minister of Energy, Science, Technology, Environment and Climate […]
Petronas says acts on climate change
KOTA KINABALU: Petroliam Nasional Bhd (Petronas) responded to Daily Express’ report on the 13 oil and gas companies acting on climate change, which according to Prof Dr Justin Sentian, the speaker from UMS, did not see Petronas’ name on the list. The fact is not disputed.Petronas Sabah media liaison office said Malaysia’s national petroleum company has […]
Major cities grapple with garbage problem
It is now the time of the year when Ho Chi Minh City has high humidity and the southwest monsoon. It also means the time when people living in its southern districts like 7 and Nha Be are hit hardest by the terrible stink from Da Phuoc, the city’s major landfill in Binh Chanh District. […]
Electrification of commercial vehicles 1st step to greater EV adoption
THE electrification of commercial vehicles could prove the building block to facilitate greater electric vehicle (EV) adoption in Malaysia, while providing massive upside potential for Tenaga Nasional Bhd (TNB). Its chief strategy and regulatory officer Datuk Fazlur Rahman Zainuddin (picture) said the transportation sector makes up approximately 42% of total energy consumption in the country, but less […]
