India-Sri Lanka Rupee trade: Several banks in Sri Lanka have opened special rupee trading accounts, called Vostro accounts. This means that Sri Lankan citizens can now hold $10,000 (₹8,26,823) in phys…
Philippines to woo Middle East with medical tourism
The Philippine Department of Tourism said on Saturday it is seeking to capture the Middle East market in a campaign to position the Philippines as a medical and wellness destination in Asia. The Phili…
Malaysia seeks clean energy transition deal with rich nations
Malaysia is in talks with richer nations, hoping to follow its neighbours Indonesia and Vietnam in striking a finance deal to transition away from polluting coal power towards more renewable energy, t…
Monsoon wind farm, Laos
The Monsoon wind farm is a 600MW onshore wind project being developed in the southern part of Laos. It is the first and the largest wind farm to be developed in the country and the first cross-border …
What next after the EU’s deforestation law is adopted?
The European Parliament adopted on April 19 a new law to fight global deforestation, one of the main culprits of climate change and biodiversity loss, despite strong opposition from developing countri…
Largest Danish investors to invest $5 billion in Philippines offshore wind farms
A group of largest Danish investors are planning to invest approximately $5 billion in the offshore wind farms in the Philippines, according to the Ambassador of Denmark to the Philippines Franz-Micha…
China’s RM170b investment: A game-changer for Malaysia’s economy
China’s commitment to invest a record RM170 billion in Malaysia is set to provide a massive boost to our economy for years to come. The investment follows 19 memoranda of understanding (MoUs) si…
What next after the EU’s deforestation law is adopted?
The European Parliament adopted on April 19 a new law to fight global deforestation, one of the main culprits of climate change and biodiversity loss, despite strong opposition from developing countri…
World Bank approves $1.25B loan for greener Bangladesh
The World Bank approved $1.25 billion in financing for three projects to help Bangladesh achieve greener and more resilient development. The World Bank’s Board of Executive Directors approved the loan…
Vietnam to host ASEAN’s largest forum on renewable energy
The Adora Center in Ho Chi Minh City will host the event, considered a unique platform to bring together the main wind farm operators, turbine and component manufacturers, grid operators, investors, a…