Indonesia’s president Joko Widodo has called on the west to release a promised $20bn to finance his country’s green energy transition and do more to support its critical resources, which underpin emer…
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EU must recognise palm oil producing countries’ efforts in meeting EUDR
Prime Minister Datuk Seri Anwar Ibrahim has urged the European Union (EU) to recognise and appreciate the efforts of palm oil producing countries in meeting the EU Deforestation-free Regulation (EUDR)…
Indonesia Says a Half Million Acres of Palm Plantations will be Turned Back into Forests
The palm oil boom changed Southeast Asia forever, but the government of Indonesia is not going to let bygones be, and has set up a task force to comb through all oil palm plantations and force those t…
Global shift to clean energy means fossil fuel demand will peak soon, IEA says
Demand for climate-warming fuels like coal, oil and natural gas will likely peak before 2030, evidence of the accelerating global shift to energy that doesn’t emit greenhouse gasses, according t…
Nirmala Sitharaman meets Sri Lankan president Wickremesinghe, assures help in matters related to debt restructuring
During her visit to Sri Lanka, Finance Minister Nirmala Sitharaman met President Ranil Wickremesinghe and discussed a host of issues, assuring that India would continue to collaborate with the Sri Lan…
Biden pledges at Americas summit an alternative to Chinese-led infrastructure and development loans
President Joe Biden on Friday welcomed government leaders from countries across the Americas to an economic summit by pledging to increase U.S. investment in the region in part to counter China’s infl…
New AWS Region to Launch In Malaysia by 2024 With RM25.5 Billion Investment
The Amazon Web Services (AWS) is expanding its presence in Malaysia by going live with the new AWS Region in Kuala Lumpur in 2024. AWS will invest RM 25.5 billion to build the new AWS Region in Malays…
Inside India’s new oil palm playbook
Nearly two decades back, M. V. Ramoji Rao, a farmer and dentist from Krishna district of Andhra Pradesh, replaced a part of his sugarcane field with oil palm. Then, over the years, he converted his en…
Indonesia says 200,000 hectares of palm plantations to be made forests
Some 200,000 hectares (494,210 acres) of oil palm plantations found in areas designated as forests in Indonesia are expected to be returned to the state to be converted back into forests, a government…
Southeast Asia’s rubber producers brace for new EU rules
The European Union (EU)’s rules aimed at stopping deforestation threaten widespread disruption for Southeast Asia’s rubber sector, from Cambodia’s 30,000 small farmers to major expor…