SAI investor eyes renewable energy sector
Angkor International Airport Investment (Cambodia) Co., Ltd., an affiliate of China’s Yunnan Investment Holdings Ltd., and chief investor behind the recently inaugurated Siem Reap Angkor International Airport (SAI), has announced the company’s intentions to inject further investments into the Kingdom, this time eyeing the renewable energy sector.
Gradual Energy Transition Expected to Save Rp90tn of Fuel Subsidy per Year: Minister Luhut
The Coordinating Minister for Maritime and Investment Affairs, Luhut Binsar Pandjaitan, said a gradual energy transition will save Rp45 trillion to Rp90 trillion of fuel subsidy per year. Minister Luhut conveyed the statement during the sidelines of the High-Level Forum on Multi-Stakeholder Partnerships (HLF MSP) and Indonesia-Africa Forum (IAF) II in Badung, Bali, on Monday, […]
Vietnam, Australia expand cooperation on energy, minerals
Vietnam welcomes Australia’s investment and cooperation in advanced and modern technology to optimise the exploitation and deep processing of key minerals and ensure environmental sustainability.
Middle Eastern Banks Invest $500M in Malaysia’s Pengerang Energy Complex
Leading Middle Eastern banks and financial institutions have invested $500 million to finance Malaysia’s Pengerang Energy Complex, a facility that promises to set new standards in low-carbon production. The Islamic Development Bank, along with its subsidiaries—the Islamic Corporation for the Development of the Private Sector and the Islamic Corporation for the Insurance of Investment and […]
Impact of high energy costs on the economy
The Philippines is recognized for its rich cultural heritage and its rapidly growing economy. However, we face a significant challenge that threatens our progress: the high cost of electricity. This issue affects businesses, goods production and consumers alike, creating a ripple effect throughout the economy.
Clean-energy projects in Indonesia’s coal regions could attract US$9.4 billion in investments: report
Potential boost to renewable energy sector could also help mitigate loss in jobs as demand for the fossil fuel declines.
Singapore’s Sembcorp pays $131 mln for acquiring renewable energy projects in Vietnam
Singaporean giant Sembcorp Industries spent SGD174 million ($131.1 million) on the acquisitions of majority interests in three out of four renewable energy subsidiaries of Vietnamese conglomerate Gelex.
Singapore’s Sembcorp plans to invest $528 mln in green energy drive
embcorp Industries (SCIL.SI), opens new tab said on Tuesday that it would invest S$700 million ($528.5 million) in its green energy initiatives as the Temasek-backed company navigates through energy transition and growth in its renewables portfolio.
