Singapore
From coal to clean: The green energy transition in SE Asia
As the world grapples with the urgent challenges posed by climate change, the shift to clean energy is no longer a luxury-it is a necessity. Southeast Asia, with its vibrant cultures and rapidly growing economies, is stepping up to this challenge.
ThaiBev sets THB18bn for expansion, targets Southeast Asia growth
Thai Beverage (ThaiBev), the Singapore-listed food and beverage company, announced plans to allocate THB18bn this fiscal year for both domestic and international expansion
COMMENT: From Globalisation to “slowbalisation” as FDIs decline on trade and geopolitical woes
Global flows of foreign direct investment have trended downwards, both in absolute terms and as a share of world GDP, driven by multiple factors including changes in industrial organisation, increasing barriers to trade and investment.
Rising gold ETF inflows set to drive global bullion prices
Inflows into gold exchange-traded funds (ETFs), particularly from Western investors, are expected to increase in the coming months, adding more upward momentum to already record-high bullion prices, analysts have said
Pope Francis warns of AI risks during Singapore visit
Pope Francis issued a cautionary message about the use of artificial intelligence (AI) during his visit to Singapore this week, stressing the need for technology to foster unity rather than isolation
Malaysian man jailed for smuggling endangered fish into Singapore
A Malaysian man was sentenced to nine months in prison on September 10 for smuggling endangered Asian arowanas into Singapore without proper permits
Singapore-based Aslan Energy Capital and PT Calypte Sugi Power partner to develop solar power hub in Indonesia
Aslan Energy Capital, based in Singapore, and Indonesia's PT Calypte Sugi Power have signed an MoU to collaborate on developing a power generation hub on Sugi Island in Indonesia's Riau Islands Province
The West is bleeding the Global South of wealth thanks to massive wage inequality, says study
The developed markets of the West are bleeding the Global South of wealth thanks to massive differences in nominal wages, according to a new study published in Nature Communications.
Global solar panel glut caused by Chinese overproduction
There is an overproduction of solar panels worldwide, with production capacity exceeding demand by 2 TW. This surplus has led to falling prices.
Sea levels rise 10 cm since 1993 as ice caps melt
Sea levels are now 10 cm higher than in 1993, and the rise is accelerating, according to new high-resolution satellite measurements by NASA.
Lavrov presses the flesh at ASEAN summit as Kremlin seeks to deepen ties with Asia
Russian Foreign Minister Sergei Lavrov was pressing the flesh and having his picture taken with the leaders of Southeast Asia at the annual ASEAN summit as the Kremlin seeks to bolster friendly relations with the leading Asian countries.
Plants absorbing less carbon dioxide in 2023, accelerating global warming
Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.
How energy intensive are data centers?
While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.
Earth records hottest year since records began
Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.
Six out of nine “planetary boundaries” have been crossed and a tenth has appeared
Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.