Cambodia’s Investment Push in Europe Gets Positive Nod from Spain
Cambodia’s efforts to attract European investment received a boost after a successful visit by Deputy Prime Minister Sun Chanthol. During a “door-knocking mission” to Europe, DPM secured a positive response from Spain regarding potential investments in the Southeast Asian nation.
Panasonic Energy Establishes a Scheme to Collect and Recycle Used Dry Batteries in Thailand
Osaka, Japan – June 10, 2024 – Panasonic Energy Co., Ltd., a Panasonic Group Company, is pleased to announce that it has established a scheme to recycle used dry batteries through 7-Eleven stores in Thailand in March 2024, after commencement of collection of used dry batteries in 2022 in collaboration with CP ALL Public Company Limited […]
Delayed coal-fired power plant in southern Vietnam secures $980 mln loan from Eximbank Malaysia
Malaysia-based Toyo Ink Berhad and its wholly-owned Vietnam subsidiary, Song Hau 2 Power Company Ltd., have secured a $980 million loan from Eximbank Malaysia to develop a $3 billion coal-fired power plant in southern Vietnam.
Malaysia’s push for data centres could strain power and water supplies, warn experts
KUALA LUMPUR – Malaysia’s drive to attract data centre investments worth billions of dollars could strain its water and electricity supplies in the coming years, say experts, particularly in industrialised states like Selangor and Johor.
PH, Japan explore partnership on clean energy, trade, and investment
On 06 June 2024, Department of Trade and Industry (DTI) Secretary Fred Pascual met with his counterpart, Minister Saito Ken of Japan, on the sidelines of the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial Meeting. Both ministers discussed potential areas of cooperation, particularly in clean energy, trade, and investment.
Malaysia’s Petronas Q1 profit falls on high costs, low prices
Malaysia’s state energy firm Petroliam Nasional (Petronas) reported a near 11 per cent decline in first-quarter net profit on Friday (May 31) due to higher operating costs and lower realised prices across its businesses.
Singapore, Laos, and Cambodia collaborate on cross-border electricity trade
The Singapore Ministry of Trade and Industry (MTI), the Lao PDR Ministry of Energy and Mines (MEM), and the Cambodia Ministry of Mines and Energy (MME) have formed a working group to promote cross-border electricity trade, advancing the ASEAN Power Grid vision.
BSP: Consumers may shoulder P15.7 billion power generation cost
The Bangko Sentral Pilipinas (BSP) expects electricity rates to increase further as around P15.77 billion worth of power generation cost may be passed on to consumers over the next three years.
