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Vietnam takes steps towards carbon credit market

Vietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam. It was estimated that Vietnam will be able to sell 57 million carbon credits to international organisations annually. […]

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Exploration in Malaysia to be expanded

PTT Exploration and Production Plc (PTTEP) is preparing to explore a new offshore oil block in Malaysia under its “Coming Home Strategy” to focus more on new investments in Southeast Asia. Malaysian national oil and gas conglomerate Petronas awarded the exploration rights at Block SB412, located off the northwestern coast of Sabah, to PTTEP through […]

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Fully-vaccinated Singapore residents, long-term pass holders no longer need to pay for Covid-19 treatment post-travel

WITH the introduction of the Vaccinated Travel Framework, fully-vaccinated Singaporeans, permanent residents and long-term pass holders will no longer need to cover their own Covid-related medical bills after travelling. Currently, if such travellers develop symptoms or test positive for Covid-19 within 14 days of returning to Singapore, they must foot their own bills in hospitals […]

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Laos’ Surging Inflation a Cause for Concern

Residents in Laos have begun to voice concerns about the impact of rapidly rising inflation on the cost of living. Inflation in Laos is set to move beyond a six-year high, jumping from 6.25 percent in January to 7.3 percent in February, according to the Lao Statistics Bureau. The rising cost of fuel and other […]

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