Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in renewables will…
Indonesia: RI eyes Japanese technology that converts palm oil waste into valuable products
Coordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products s…
Malaysia set to raise domestic palm biofuel use – trade ministry
Malaysia is expected to allow for a higher percentage of palm biodiesel blends over the next few decades, the international trade and industry ministry said. The ministry said in a statement on Saturd…
Malaysia to be world’s top distributor for China’s multi-utility plane Y-12f: RM415 mil giant assembly facility to be built in kedah
Within three years, Malaysia is set to become the world’s foremost distributor for China’s eight-tonne multi-role utility aircraft, the Y-12F. A full final assembly operations plant will be establishe…
Indian giant proposes to build IT centre in HCM City
The Hindustan Computers Limited (HCL) from India plans to establish an information and technology (IT) centre in HCM City, which will provide training for about 10,000 IT engineers over the next five …
Digital banking in Nepal: Focus on infrastructure, security
A banking service involves a customer’s presence at an outlet to perform a transaction. This has compelled the banks and financial institutions (BFIs) to open large numbers of branches across differen…
Why Asian Countries Turn to BRI For Infrastructure Investment
The second Belt and Road Forum, held in Beijing from April 25-27, 2019, retold and enlarged the complex story of China’s Belt and Road Initiative (BRI) which was inaugurated by President Xi Jinping in…
Johor to attract China manufacturers affected by ongoing trade war
JOHOR BARU: Johor stands to gain from the ongoing US-China trade war by luring Chinese manufacturers that will be badly affected by it. State International Trade, Investment and Utility Committee chai…
Nepal: Hydropower goals: Ambitions and challenges
Kathmandu Nepal is estimated to have a hydro potential of 83,000 MW electricity, and 43,000 MW is considered to be economically viable. However, the hydropower generating capacity of 1,047 MW at prese…
Myanmar gears up investment promotion with ‘bold’ plan
Though some international companies are still in a wait-and-see mood before pouring their money into Myanmar, the nation remains confident that it can attract heavy investment this year, thanks to its…