A potent combination of factors, including a stronger US dollar, a weaker Chinese economy, and rising oil prices, is creating a dangerous cocktail that threatens to disrupt the stability of Southeast Asian economies. A strong dollar makes servicing dollar-denominated debt more expensive, increasing the burden on countries with substantial external …
Read More »Japan Pledges Financial Support to Help ASEAN’s Decarbonisation
Japan’s government pledged financial and technological support to help ASEAN countries accelerate their efforts to decarbonise their economies and combat global climate change, its industry minister said on Saturday. Energy-poor Japan aims to turn into the world’s leading hydrogen economy to reduce dependence on traditional polluting fossil fuels such as …
Read More »ASEAN can Cover Two-Thirds of Energy Demand with Renewables
Southeast Asian countries can meet their growing energy demand with renewables and cut 75% of their energy-related CO2 emissions by 2050, half of the emissions compared to today. Released by the International Renewable Energy Agency (IRENA) during the ASEAN Energy Ministerial, the 2nd edition of the Renewable Energy Outlook for …
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