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Malaysia’s power sector is expected to see stronger growth this year, driven by the anticipated increase in demand for electricity and gas. The sector is also expected to benefit from the declining global energy prices, which could help ease pressure on earnings growth.
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Malaysia, a rapidly progressing nation in South-east Asia, stands at the forefront of economic growth and burgeoning energy demands. Acknowledging the pivotal role of energy efficiency in realising sustainability objectives, reducing greenhouse gas emissions, and securing a dependable energy supply, the Malaysian government is poised to explore innovative solutions.
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The government will use state money to give power utility Vietnam Electricity (EVN) VND2.53 trillion (US$104 million) to connect the tourism archipelago of Con Dao with the national grid.
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“WE want to make sure that the Cultural Center of the Philippines (CCP) will stand for another 50 years,” said Tess Rances, CCP department manager of Administrative Services, as she reflected on the first year of its renovation.
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Indonesia has, through its diplomacy, taken various concrete actions to respond to the challenge of climate change, according to Foreign Minister Retno Marsudi.
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Several commitments have been made in 2023 to boost clean energy in the region, and observers are now looking for signs of real action. Meanwhile, solar manufacturers could be in for a bumpy ride.
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The Sabah Legislative Assembly special sitting on Jan 3 passed three bills related to the takeover of regulatory authority over power supply by the Sabah Government from the Federal Government.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
