New Asian trade bloc could play key role in driving investment
A new trade bloc covering a huge swathe of the Asia-Pacific region will play an important role in developing poorer economies and in post-pandemic stimulus, according to a report published on Monday by the UN Conference on Trade and Development (UNCTAD).
Philippines bans new coal-fired projects
By declaring a moratorium on the construction of greenfield coal power plants in a statement issued on 27 October, the Philippines has announced intent to follow other Asia Pacific countries into a green future.
Laos Takes Down Chinese Decorations in the Capital Following Citizen Complaints
Asean moves one step closer to power integration
SINGAPORE is set to ink an agreement with Laos, Thailand and Malaysia at an Asean meeting next month to advance cooperation on cross-border power trading, Second Minister for Trade and Industry Tan See Leng said on Monday.
Laos and China keen to boost regional connectivity
China has opened another expressway linking the south of the country to the Lao border as part of efforts to strengthen regional connectivity and boost China-Asean economic cooperation.
Laos corporation’s excess power sparks export opportunities
Electricite du Laos (EDL), the country’s power corporation, is seeking to capitalise on the excess amount of electricity generated during the rainy season and is looking to sell it to more export markets.
Chinese mega-dams drying up the Mekong, stifling the Laotian economy
Hydroelectric dam building in China and Laos is increasingly damaging the Mekong River, which has the world’s most important freshwater fishery.
Chinese firm to run Laos electric grid amid default warnings
The poor, small Southeast Asian country of Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles to stave off a potential debt default, people with direct knowledge of the agreement said. The deal comes at a time when critics accuse Beijing of “debt trap diplomacy” to gain […]
