Thẻ: ASEAN Economic Community

Singapore energy appetite fuels ASEAN’s renewable power grid

~ Đào Thu Hằng ~ Bình luận về bài viết này

asia.nikkei.com

Network taps Laos hydropower, solar and wind energy from Indonesia and Vietnam

Wind farms in southern Vietnam have the potential to generate 600 gigawatts of power, according to one estimate. (Photo obtained by Nikkei)

YUJI NITTA, Nikkei staff writerSeptember 20, 2023 06:02 JST

HANOI — A web of international renewable energy deals is spreading across Southeast Asia as the region works to transition away from fossil fuels, with electricity-hungry Singapore as a driving force.

The city-state, where natural gas makes up around 95% of the energy mix, aims to import 4 gigawatts of low-carbon electricity by 2035, equivalent to 30% of its supply. This ambitious plan, in turn, is creating an opportunity for neighboring nations that are expanding power generation from renewable sources.

Imports kicked off in 2022 with the start of hydropower transmission from Laos via Thailand and Malaysia, totaling 100 megawatts over two years. Regulators have approved plans to bring in 2 GW from five solar projects in Indonesia, and the country will also buy power from a floating solar farm off Indonesia’s coast.

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Commentary: A golden opportunity to boost travel and tourism within Southeast Asia

~ Trần Đình Hoành ~ Bình luận về bài viết này
channelnewsasia
Adopting an open skies policy will boost tourism, travel and economic growth in the region, argues Institute for Democracy and Economic Affairs’ Wan Saiful Wan Jan.

 
File photo of a Singapore Airlines plane at Changi Airport. (Photo: AFP/Roslan Rahman)
By Wan Saiful Wan Jan

(Updated: )

SINGAPORE: Southeast Asia has a lot to offer to global tourists.

The rich cultural diversity, affordable lifestyle and beautiful geography, all make countries in the ASEAN region attractive to tourists from around the world. Growing connectivity also makes it easier for tourists to experience multiple cities and countries within the same trip. Tiếp tục đọc “Commentary: A golden opportunity to boost travel and tourism within Southeast Asia” →

Who are the future consumers of South-East Asia?

~ Đào Thu Hằng ~ Bình luận về bài viết này

Weforum_As business leaders convene for the Kuala Lumpur meeting of the World Economic Forum, they have many uncertainties to ponder, from the trajectory of China’s economy to whether the new ASEAN Economic Community (AEC) launched at the start of the year will vault South-East Asia up to a new level of economic dynamism.

Demographics and the granularity of growth needs to be part of their thinking. The question today is not so much where to find entire growth markets, but which specific demographic groups have the most potential?

Radical demographic shifts are transforming consumer markets around the world. In the past, market growth was fuelled largely by expanding populations; today, incomes are the force to reckon with.
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