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Malaysia’s energy sector adapts to digitalisation and deregulation

Malaysia’s energy sector is undergoing a transformation driven by digitalisation and deregulation, two forces reshaping the industry’s competitive landscape and technological advancement.

Vietnam intensifies efforts against illegal fishing

Vietnam’s Ministry of Agriculture and Rural Development (MARD) has urged coastal provinces and cities to strengthen enforcement against illegal, unreported, and unregulated fishing.

Draft decree outlines special investment procedures for strategic projects

A draft decree outlining special investment procedures has been introduced, detailing obligations for investors to ensure compliance with legal and planning standards. These include commitments related to construction, environmental protection, and fire safety.

Thailand approves carbon tax without impacting retail oil prices

The Thai Cabinet has approved a carbon tax of 200 baht per ton of carbon emissions, Deputy Finance Minister Paopoom Rojanasakul announced on Tuesday. The tax, aimed at reducing greenhouse gas emissions, will be incorporated into the existing oil tax structure, ensuring it does not increase retail oil prices or burden the industrial sector.

ESG integration gains momentum in Viet Nam's small and medium-sized enterprises

Small and medium-sized enterprises in Vietnam are increasingly adopting environmental, social, and governance (ESG) practices, reflecting a global shift towards sustainable development and responsible business.

Indonesia targets $6 billion boost from solar energy exports

Indonesia’s solar power initiatives, including export projects and domestic solar panel supply chain development, are projected to contribute billions to the economy, with approximately $6 billion expected in foreign exchange reserves.

Malaysia explores rare earth mining potential through strategic initiatives

Malaysia is looking to advance its rare earth element industry through enhanced mining management technologies and strategic partnerships, particularly with China.

ADB approves $500 million loan to boost financial inclusion in Indonesia

The Asian Development Bank (ADB) has approved a $500 million loan package to enhance financial inclusion in Indonesia, targeting vulnerable groups such as women, youth, rural populations, and micro, small, and medium enterprises. 

Thailand's Finance Ministry to propose carbon tax to reduce emissions

Thailand’s Finance Ministry is set to present a carbon tax proposal to the cabinet on December 11, aiming to reduce greenhouse gas emissions in alignment with international climate commitments.

Indonesia reassesses clean energy export plans amid national prioritisation

Indonesia may revise its approach to exporting clean electricity, with officials emphasizing the need to align such initiatives with national interests and sustainability goals.

Indonesia accelerates net zero target to 2050 under President Prabowo

President Prabowo Subianto has advanced Indonesia's net zero emissions target from 2060 to 2050, signaling a significant shift in the country’s climate agenda.

Vietcombank issues $78.7 Million in green bonds, leading sustainable finance in Việt Nam

Vietcombank has issued VNĐ2 trillion (approximately $78.7 million) in green bonds, marking its debut in the green bond market and reinforcing its commitment to Environmental, Social, and Governance (ESG) principles.

Thailand champions regional trade and green economy at APEC summit

Thailand's Prime Minister, Paetongtarn Shinawatra, has reaffirmed the nation’s commitment to fostering regional economic integration and sustainability during the 31st Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru.

Key outcomes from COP29 and Singapore’s commitments

The recent 29th Conference of the Parties to the United Nations Framework Convention on Climate Change took place in Baku, Azerbaijan and closed with a new finance goal to help countries protect themselves from climate disasters. This update sets out the key outcomes from the conference and Singapore’s commitments as outlined in its National Statement.

Wasco launches Asean’s first sustainable finance framework with US$25mil green loan

Wasco Bhd, an integrated energy group, has introduced ASEAN’s first Sustainable & Transition Finance Framework, marking a significant milestone in sustainable finance.

Việt Nam Secures Swiss Support for Sustainable Industrial Transition

The Ministry of Planning and Investment (MPI) has secured $3.3 million from the Swiss State Secretariat for Economic Affairs (SECO) to advance eco-industrial park initiatives. The funding aims to promote cleaner production models, reduce greenhouse gas emissions, and enhance climate resilience, according to Deputy Minister Đỗ Thành Trung.

Indonesia reassesses clean energy export plans amid national prioritisation

Indonesia may revise its approach to exporting clean electricity, with officials emphasizing the need to align such initiatives with national interests and sustainability goals.

Indonesia Accelerates Net Zero Target to 2050 Under President Prabowo

President Prabowo Subianto has advanced Indonesia's net zero emissions target from 2060 to 2050, signaling a significant shift in the country’s climate agenda. 

Vietcombank Issues $78.7 Million in Green Bonds, Leading Sustainable Finance in Vietnam

Vietcombank has issued VNĐ2 trillion (approximately $78.7 million) in green bonds, marking its debut in the green bond market and reinforcing its commitment to Environmental, Social, and Governance principles.

Temasek invests in firms with clear green plans for more sustainable profits

Singapore’s investment company Temasek is refocusing its strategy on companies with robust decarbonisation plans and sustainable business models, aiming for long-term profitability. 


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