Adani Green Energy has entered into a 20-year power purchase agreement with Sri Lanka for two wind power stations developed by the Gautam Adani-led company, as per a cabinet statement by the Sri Lanka…
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Microsoft bets $2.2bn on Malaysia hub for cloud, AI
Tech giant Microsoft has unveiled plans to invest $2.2bn in cloud infrastructure in Malaysia that will help accelerate the nation’s AI transformation over the next four years and better position the a…
Laos rolls out project to reduce greenhouse gas emissions
The Lao government, in cooperation with a private company, is rolling out a forest carbon credit initiative in an effort to reduce greenhouse gas emissions from forest destruction and forest degradati…
Public-private collaboration ‘critical’ for digital economy growth: ASEAN
ASEAN’s digital economy is expected to grow to US$1 trillion by 2030, but roadblocks such as the digital divide between and within countries remain, said Nararya S Soeprapto, Deputy Secretary-Ge…
China-backed trade pact to be finalised this year, Southeast Asian official says
Southeast Asian countries engaged in talks on a major China-backed trade pact expect to finalise it this year, the finance minister of Thailand, which is the current chair of the 10-nation ASEAN group…
In Vietnam, New Rice Growing Methods Aim to Reduce Methane
Farmers in Vietnam are growing rice using a new method thought to reduce emissions of methane gas and labor costs. The method is called alternate wetting and drying, or AWD. It uses about 30 percent l…
Adani Ports to invest in Philippines, eyes Bataan for port development
India’s largest port operator Adani Ports and Special Economic Zone Limited (APSEZ) is looking to expand its operations into the Philippines, with plans to invest in port development, according …
Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister
Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. According to a report by the Malaysian National N…
Microsoft to invest $2.2 bln in cloud and AI services in Malaysia
Microsoft (MSFT.O) said on Thursday it will invest $2.2 billion over the next four years in Malaysia to expand cloud and artificial intelligence (AI) services in the company’s latest push to pro…
Asean overtakes China for manufacturing FDI
Manufacturing investment in the Association of South-East Asian Nations (Asean) is booming. Asean has become a key target region for multinationals and vitally important in an era of global power comp…