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Singapore’s Energy Market Authority agrees to import ‘low carbon’ electricity from Cambodia

Singapore’s Energy Market Authority (EMA) said that it has granted conditional approval for the local conglomerate Keppel Energy to import 1 gigawatt (GW) of electricity from Cambodia to the country. The approval, the first to be awarded by EMA for large-scale electricity imports, marked a significant milestone in Singapore’s ambition to import up to 4GW […]

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Thailand: Ethanol tax incentives mulled

The Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene, says a ministry source who requested anonymity. Commonly known as PE, polyethylene is a type of plastic used for making a variety of products, including packaging materials and bottles. […]

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Thailand: Baht volatility ‘difficult to avoid’

Volatility in the Thai baht has been in line with regional currencies, driven by external factors, the country’s shippers’ group quoted the Bank of Thailand (BoT) as saying, following a meeting with central bank officials. The volatility was difficult to avoid and hedging against currency risks would help reduce any impact on business operators, the Thai […]

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