Asian Development Bank pledges support for Cambodia’s finance sector

PHNOM PENH (Phnom Penh Post/ANN): Cambodian Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order to support small and […]

Calls to clarify Vietnam’s FIT issuance amid fairness concerns

Vietnam’s energy sector, in spite of attracting substantial investment interest in recent years, is encountering various challenges, notably in ensuring energy security and efficient management of resources, a session of the National Assembly heard on October 12.

Southeast Asia looks to renewable power for energy security

Southeast Asia is home to some of the world’s fastest-growing economies. As energy demand grows, the region is turning to renewable energy to safeguard its energy security. Energy demand in Southeast Asia has increased by an average of 3% each year over the past two decades — a trend that will continue to 2030 under current policy […]

Power shortage looms until 2050: lawmakers

With the construction of many large power plants stalling or slowing and the dependence on imports for energy increasing, electricity shortages are possible until 2050, lawmakers fear.