The United Nations Development Program (UNDP) has issued a request for proposal to select consultancy companies for the development of a “full economical appraisal of the potentials of solar PV energy in Cambodia”. The UNDP stresses in the document that the costs of PV have fallen 83% in ten years, and a further 70% drop is expected by 2050, adding: […]
Read MoreRossini Zumwalt of Emergent Payments explains why now is the best time to prioritise Southeast Asia for digital commerce China and India have long dominated Asia Pacific, but head further south and the region is proving to be one of the most dynamic growth zones with digital integration accelerating at rapid speed. Across it’s ten-member nations – Brunei, […]
Read MoreRenewable energy is set to change the energy landscape of the region and its benefits are plentiful. The regional goal is to ensure 23 percent of the Association of Southeast Asian Nations (ASEAN) primary energy mix is made up of renewable energy by 2025. However, many of those living in Southeast Asia’s remote villages are […]
Read MoreVietnamese companies are struggling to sell their products to ASEANmember countries despite the abolition of tariffs within the bloc. Analysts blame this on their lack of market information and poor understanding of consumer needs among other factors. With the formation of the ASEAN Economic Community (AEC) three years ago, members had to reduce over 90 percent of their tariff lines to zero […]
Read MoreSingapore-headquartered ride-hailing firm Grab may be synonymous with transport services, but the five-year-old business is steering its way towards bigger things, starting with food. In an interview with The Straits Times yesterday, Grab Singapore head Lim Kell Jay said even though ride-hailing makes up 70 per cent to 80 per cent of its revenue, the […]
Read MoreBank Indonesia (BI) has decided to hold its key rate as it remains confident the current rate can attract foreign investors to the domestic financial market. Following a two-day board of governors meeting, BI announced that it had kept its benchmark rate – the seven day reverse repo rate – at 5.75 percent. Lending facility […]
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Thailand
