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…
Making the IMF Work for Sri Lankans
The government of Sri Lanka is negotiating a large conditional loan from the IMF. A formal agreement is likely to be signed within weeks once all the main creditors provide the IMF with adequate assur…
Philippines Proposes Partnership With US, India for Building Digital Public Infrastructure
Philippines Parliament Speaker Ferdinand Martin G Romualdez, on Saturday, has proposed a partnership among the Philippines, the United States (US), and India in building a digital public infrastructur…
ChatGPT sparks AI investment bonanza
The artificial intelligence (AI) gold rush is truly underway. After the release last November of ChatGPT — a game-changing content-generating platform — by research and development company OpenAI, sev…
Fadillah slams EU for passing ‘unjust’ regulation against palm oil industry
Plantation and commodities minister Fadillah Yusof slammed the European Union today for passing the EU Deforestation Regulation (EUDR), claiming that it was “unjust” to the palm oil industry in Malays…
ACEN to build $1 billion wind project in Laos
This content was originally published by The Philippine Star following its editorial guidelines. Philstar.com hosts its content but has no editorial control over it. MANILA, Philippines — ACEN Corp. a…
Are India and Sri Lanka turning Trincomalee into major energy and industrial hub of South Asia?
The Sri Lankan government recently announced its decision to liberalise fuel trade in the country, allowing Sinopec (China), United Petroleum (Australia) and RM Parks (USA)- 3 leading fuel suppliers i…
Could an EU law to save the rainforest destroy palm oil farmers?
Malaysian palm oil farmer Reta Lajah is one of only a few in her village to be certified green and ethical, after a yearlong journey to join a global initiative that she hopes will help her navigate a…