News
Chinese firm mulls energy sector prospects
A leading Chinese manufacturer of power transmission and distribution equipment recently visited Cambodia to explore opportunities in the Kingdom’s rapidly growing energy sector, including a proposal for a factory to produce equipment for the electricity sector. The Ministry of Mines and Energy met representatives of ...
MPs to mull Japan’s soft loan offer
Parliament will decide this week whether or not to accept a US$824 million soft loan from Japan. The government has proposed the loan to Pyidaungsu Hluttaw for a range of capital projects, including aid to farmers, building roads and bridges for rural development, expanding electricity ...
China is stepping up its global power play
With US president-elect Donald Trump threatening to build a wall on the Mexican border and force Asian allies to increase defence spending, Beijing is busy luring countries across the eastern hemisphere into its orbit. President Xi Jinping, who is consolidating his power at home, is ...
Cross-ocean line lights up island commune
Lại Sơn Island Commune in the southwestern province of Kiên Giang was officially linked to the national grid on November 26 upon the completion of the cross-ocean 110kV line, the country’s longest above-sea power project so far. The project was built by Electricity of Việt Nam’s ...
The AIIB and shifting economic dynamics in Southeast Asia
The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...
Gov’t aims for stable power tariff
The electricity sector in 2017 would strive to prevent the power tariff issue from stirring controversies among people, said Hoàng Quốc Vượng, deputy minister of Industry and Trade. Vượng said the sector has not seen complaints about power tariffs this year, as the prices have ...
Tidal turbines to power remote site in Indonesia
Over the last year a team of Indonesian and international specialists has worked in a remote part of Bintuni Bay, West Papua, Indonesia. The goal was to assess the local electricity situation, renewable energy options, including tidal in-stream power; and to then install a demonstration ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...
More powercuts forecast for Yangon
Get ready for the blackouts. A regional minister has acknowledged that decayed powerlines and a surging demand for electricity will once again leave the commercial capital in the dark. Yangon Electricity Supply Corporation had hoped a handful of patchwork measures would help boost the supply but ...
