2 Japanese firms want to convert oil palm waste to energy

KOTA KINABALU: Two Japanese firms, with interest in renewable biomass energy, are expected to invest close to RM300 million in Sabah’s Lahad Datu Palm Oil Industrial Cluster (POIC). One of the firms is expected to sign the lease agreement with POIC on Dec 3 in Tokyo. The other, F Bit Communications Corporation, will do the […]

Upgraded Nee Soon South CC to have energy-saving, dementia-friendly features

SINGAPORE — Come 2022, Nee Soon South residents can expect an upgraded community club (CC) that uses less energy and is more dementia-friendly. Announcing this at the constituency’s open house on Sunday (Dec 1), Nee Soon South’s grassroots adviser Lee Bee Wah said the CC — located near Khatib MRT Station — is projected to […]

ASEAN urged to boost private sector financing for sustainable infrastructure

KUALA LUMPUR (Nov 29): ASEAN member states must take steps to promote greater private sector participation in sustainable infrastructure financing in order to help forge an ASEAN economic future that is underpinned by sustainable development for decades to come. HSBC Asia Pacific head of Belt and Road Initiative and business corridors, Mukhtar Hussain, said a […]

Trio of women engineers take the helm at Mestecc

PUTRAJAYA: With the appointment of Datuk Dr Siti Hamisah Tapsir as secretary-general, the Energy, Science, Technology, Environment and Climate Change Ministry (Mestecc) is now led by three accomplished women engineers. Its minister, Yeo Bee Yin, is a chemical engineer, her deputy, Isnaraissah Munirah Majilis, an electrical engineer and Hamisah a civil engineer. Hamisah, who clocked […]

GS Energy to build 3GW LNG power plant in Vietnam

GS Energy Corporation, an energy business unit under South Korean conglomerate GS Group, will build a 3GW liquefied natural gas (LNG) power plant in Vietnam, a move that is expected to expedite the Korean energy giant’s push to go global and diversify its business realm.

Vietnam signs 2020 crude oil supply deal with SOCAR

[HANOI] Vietnam’s state-run Binh Son Refining and Petrochemical Co (BSR) has inked an agreement with Azeri state energy company SOCAR to buy five million barrels of crude in 2020, BSR said late on Friday. SOCAR Trading will provide five million barrels of Azeri Light crude to BSR’s Dung Quat refinery during the first half of […]

Electricity rate hike is good for economy

Businesses and the general public in Myanmar are divided on the recent bold policy move to hike electricity tariffs. But the big question is: how can the electricity reform contribute to the country’s development? On one hand, the business community seems to be accepting of higher tariff rates as that could lead to a more […]