The G7 and its partners have made multi-billion dollar offers to wean Vietnam, Indonesia and India away from coal — but it has yet to convince these emerging economies to quit the dirtiest fossil fuel…
IMF pins hopes on Asia amid dimming global economy
Asia remains a relative bright spot in an increasingly dimming global economy, the International Monetary Fund said on Friday as it announced cuts in its Asia-Pacific growth projections. The IMF cut i…
Telangana’s ambitious palm oil strategy to help India reduce import
An 80km (49.7mile) road in Khammam district of the southern Indian state of Telangana is dotted with palm oil plantations on both sides. Nagarjuna is among several farmers here who have been planting …
Offshore wind puts the Philippines on the road to energy independence
OFFSHORE WIND is emerging as a possible “win-win” for the Philippines in its pursuit of energy independence. The country’s success will depend on clear regulations, strong incentives, early investment…
Keppel Infrastructure looking to import renewable energy from Laos and Cambodia to Singapore
KEPPEL Infrastructure Holdings, a subsidiary of Keppel Corporation : BN4 +1%, will be looking to import renewable energy from Laos and Cambodia into Singapore, as it inked two exclusive and binding ag…
Right partners will grant Philippines success in renewable energy
The Philippines has abundant natural resource options to progress in the development of renewable energy, such as geothermal, hydro, biomass, solar power, onshore and offshore wind farms, etc. In orde…
Indonesia to make major green energy deal with rich nations at G20
Indonesia is on track to secure a clean energy partnership with rich countries when it hosts a G20 summit in November, obtaining international funding to cut its reliance on coal power and to implemen…
India tops world ranking in digital payments
India, which is driving the global digital economy, has already clocked about 70 billion digital payment transactions in 2022—the highest in the world. This is a sharp increase from the corresponding …
Asia could be a bright spot amid global downturn next year, economists say
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, economists say. The strong economic rebound in Asia earlier this year h…
Will China Produce Its Own Palm Oil?
Palm oil is produced by pressing the flesh and kernel of the fruit of the oil palm, a tropical plant originating in West Africa. People in the region may have consumed the reddish oil even in prehisto…