OIL and gas (O&G) remains a cornerstone of the nation’s economy, generating up to RM300 billion in annual revenue. The government uses tax revenue from the sector to invest in various proje…
IMF chief concerned world facing weakest prospects for medium-term growth in decades
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Friday that she is concerned the world is facing the weakest prospects for medium-term growth in decades, which is at …
Indonesia begins B40 biodiesel trial to power trains
The goverment and state-owned railway operator KAI have kicked off a nearly two-month trial of B40 biodiesel in trains, starting with the Bogowonto train connecting Jakarta and Yogyakarta. Passengers …
Asean and the Middle East: Deepening ties to unlock economic and trade opportunities
AT A time of increasing trade turbulence, economic diversification has become a dominant theme. Against this backdrop, the Asean-Middle East corridor is gaining in prominence as the two regions enjoy …
The Bay of Bengal should be an economic superpower
IT IS THE biggest bay on Earth—so big that five countries define the Bay of Bengal’s rim, among them India, the biggest country in the world by population, and Bangladesh, the eighth most populous. As…
French energy firm to put up renewable projects in Mindanao
Two provinces and one city in Mindanao are expected to have a stable power supply after a French energy firm formally signified intention to put up renewable energy projects in the form of green hydro…
From palm oil to data: Malaysia builds AI hub on Singapore’s doorstep
In what were once wild jungle and palm oil plantations in southern Malaysia, the likes of TikTok, Nvidia and Microsoft are racing to install the building blocks of the digital economy: data centres. B…
Malaysia gets India’s backing in fight against anti-palm oil campaign
Malaysia has secured the backing of India, the world’s largest palm oil importer, in combating the anti-palm oil campaign propagated by Western nations. At a roundtable in New Delhi yesterday attended…
Laos plans to boost sustainable agriculture
Vientiane, July 17 Laos will carry out a green and sustainable agriculture demonstration project in 10 northern provinces of Laos, aiming to improve the quality of agricultural produce and develop agr…
Indonesia and US seal $35 million coral reef debt swap
Indonesia will commit to reef restoration while local non-profit groups will use conservation fund money to support projects that directly benefit reef ecosystems as well as sustainable livelihoods fo…