International News
New Business Model, An Indigenous-Led Project, Project to Deploy 1million Solar Panels and Produce 50k Green Hydrogen for Agriculture
The East Kimberly Clean Energy Project, valued at US$3 billion, is set to revolutionize Australia’s energy landscape by deploying 1 million solar panels combined with existing hydropower infrastructure to produce 50,000 tonnes of green hydrogen annually. This green hydrogen will be further converted into ammonia for use as sustainable agricultural fertilizer. According to the World […]
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Construction Begins on Quảng Trị’s $580 Million Deep-water Port After 4-Year Delay
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews, 26 March 2024. Approved by the Prime Minister on January 4, 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng […]
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World Bank Forecasts 4.6% Growth for Developing Asia in 2024, Despite China Declines from 5.2% to 4.4%
The World Bank has projected a growth rate of 4.6% for developing Asia-Pacific countries, excluding China, in 2024, as outlined in their recent economic report released and updated by Asia.nikkei on April 1, 2024. Despite China’s economy moderating to 4.5% from last year’s 5.2%, trade recovery is expected to drive growth in the region, surpassing […]
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87% of Property Developers in Asia Pacific Targets 100% Green Certified Portfolios by 2030
A recent study by JLL unveils a significant trend in the Asia Pacific region, with nine out of ten commercial real estate occupiers striving to achieve 100% green-certified portfolios by 2030, driven by corporate net zero carbon (NZC) goals. This revelation comes from Retalkasia’s report dated March 26, 2024. According to global real estate consulting […]
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COP28 Targets Tripled Renewable Energy by 2030, Unveils Asia’s $7 Billion Solar and $58 Billion Wind Power Market
At the recent COP28 summit in Dubai, the world witnessed a monumental agreement among over 100 nations to triple renewable energy production by 2030. This ambitious pact, unparalleled in its scale and urgency, aims to nearly double the current annual growth rate of renewable sources like wind, solar, and geothermal power, heralding a decisive step […]
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Chinese-Built Dams Imperil Mekong River Health: Threatening Extinction of 1 in 5 Fish Species
Approximately one in-fifth (20%) of the fish species inhabiting the Mekong is at risk of extinction due to unsustainable hydropower plant development practices, according to the research, spearheaded by the World Wildlife Fund (WWF) and 25 other marine and wildlife conservation organizations published on March 4, 2024, updated by SCMP on March 22nd, 2024. The […]
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Empowering ASEAN Citizens: Google and ASEAN Foundation Launch Digital Literacy Initiative
Google.org and the ASEAN Foundation have joined forces to introduce the ASEAN Digital Literacy Program (ADLP), a groundbreaking initiative aimed at elevating digital literacy among citizens across the ASEAN region, equipping them with essential skills to navigate the digital landscape effectively, according to Pattayamail published on March 22, 2024. The unveiling of the ASEAN Digital […]
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Saudi Arabia to Welcome World’s First ‘Dragon Ball’ Theme Park Covering 500km2 of Land Area
Toei Animation has announced that Saudi Arabia will be the site of the world’s inaugural theme park based on the beloved “Dragon Ball” franchise, marking a significant milestone in entertainment ventures. The Japanese studio has entered into a strategic partnership with the Saudi government’s Public Investment Fund (PIF), with the latter funding construction and associated […]
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Singapore Emerges as Top Cross-Border Investor in Asia Pacific Real Estate in 2023
Singaporean investors took the lead as the most prolific cross-border investors in the Asia Pacific region in 2023, surpassing their American counterparts. Their investment amounted to approximately US$8.3 billion ($11.1 billion), exceeding the US$7.3 billion invested by US investors during the same period, as reported by MSCI Real Assets on February 27, 2024. Notably, Singaporean […]
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Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan
COO Nicholas Cumins to be Promoted to CEO July 1, 2024, as Greg Bentley will Transition to Executive Chair London – March 21, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board […]
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