In a press release by Singapore Power Group (SP Group), the company announced that it has formed a new Joint Venture with Daikin Singapore, with the aim of establishing Singapore’s largest industrial district cooling system for STMicroelectronics’ (ST), a...
The flag carrier airline of Thailand, Thai Airways International Public Company Limited (THAI), and Thai state-owned oil and gas company, PTT Public Company Limited, have just signed a memorandum of understanding (MoU) to conduct a feasibility study on air cargo...
The Indonesian Investment Authority (INA) agreed to provide around 39 trillion rupiah (USD 2.7 billion) for toll roads on the islands of Java and Sumatra. The INA signed agreements with state construction firm Hutama Karya, to invest in three parts of the Trans...
The Philippines’ Clark Development Corporation (CDC) and the Republic of Korea’s Land and Housing Corporation (LH) have recently signed an agreement looking to create a smart city infrastructure in the Philippines. The smart city will be built in the Clark Freeport...
Recently, several experts in Ho Chi Minh City (HCMC) have urged the authorities to impose tougher measures to limit the use of motorcycles, which are the local’s favorite means of transportation due to convenience. According to the Director of Transport Development...
During Singapore’s Maritime Week in early April, the Maritime and Port Authority of Singapore (MPA) announced that a new 9,000 square meter integrated hub, named The Waves, is expected to be constructed in Singapore’s Southern Waterfront by 2025. It is expected to...
Japanese LNG importer Jera has just concluded a memorandum of understanding (MoU) with Electricity Generating Public Company Limited (EGCO), a Thai power generation company, to collaborate on developing an LNG supply chain, and a large-scale supply chain for hydrogen...
Thailand’s Board of Investment (BOI) has approved fresh incentives for investments in the Electric Vehicles (EV) sector. This is in line with the Thai government’s policy to accelerate the growth of the domestic EV market and quickly expand related...
Thailand is seeking to secure more liquefied natural gas (LNG) as sanctions threaten supplies from Myanmar and a steep production fall is registered at the offshore Erawan field, which provides the lion’s share of the country’s gas needs. Thailand is...
The Philippines expects more investments to come in soon after the government has enacted several important laws that will amend restrictions and free up more investment incentives for foreign investors. The laws that were enacted at the beginning of 2022 include...
Through Korean Exim Bank (KEXIM), the South Korean government has expressed interest in participating in the Batam-Bintan Bridge project using the public-private partnership (PPP) system in the Riau Islands. Aside from South Korea, numerous investors have expressed...
With the aim of transitioning to the use of Electric Vehicles (EV) in Singapore, the Land Transport Authority has announced its plans to accelerate the expansion of the EV charging network in public carparks. As part of its plan, the LTA announced a large-scale tender...