International News
Beijing Unveils Smart Rail Project Using Data Analytics System for Reducing Carbon Emission While Optimizing Efficiency in City
Leveraging Data Analytics and Model-Based Approaches to Optimize Station Placement and Multimodal Connectivity Reducing Carbon through Public Transportation Effective public transportation is essential for vibrant, sustainable cities. It not only enhances the quality of life for residents but also significantly reduces the reliance on carbon-emitting private vehicles and cuts down on other atmospheric pollutants that […]
Read More
Himalayan Bungy Elevates Adventure Tourism in Rishikesh to Unprecedented Heights
Skeleton Consultants Overcome Structural Hurdles to Engineer India’s Tallest Bungee Tower Nestled on the right bank of the Ganges River amidst the foothills of the Himalayas, Rishikesh in India stands as a revered pilgrimage site for Hindus and is globally acknowledged as the epicenter of yoga. Annually, it beckons yogis from around the world to […]
Read More
Indonesian President Inaugurates ASEAN’s Largest Digital Testing Centre Worth US$61m
Indonesian President Joko Widodo has officially opened the US$61 million Indonesia Digital Testing Centre (IDTH), the largest and most advanced digital and telecommunications testing facility in Southeast Asia. The inauguration took place on 7 May 2024, as reported by Antaranews. President Jokowi emphasised the significance of IDTH as a pivotal institution showcasing Indonesia’s digital prowess […]
Read More
ADB Released Unprecedented US$23.6bn for Asia-Pacific’s Climate & Development Challenges in 2023
In a landmark move, the Asian Development Bank (ADB) has earmarked a staggering US$23.6 billion for assistance in 2023, with a significant portion, US$9.8 billion, dedicated to combating climate change across the Asia-Pacific region. This announcement, made in a press release dated 25 April 2024, marks the highest annual financing allocated by the ADB for […]
Read More
Malaysia Injects US$8.34bn into Port Expansion to Race with Singapore; Criticises Thai Land Bridge Project
Malaysia has unveiled a monumental investment of US$8.34 billion to bolster its port infrastructure, aimed at challenging neighbouring Singapore’s dominance in maritime trade. The expansion project, strategically positioned along the Malacca Strait, signifies Malaysia’s bid to strengthen its foothold in the competitive global logistics arena. Simultaneously, Malaysia has expressed scepticism towards the Thai Land Bridge, […]
Read More
New Business Model of an Indigenous-Led Project to Deploy 1m Solar Panels & Produce 50k Green Hydrogen for Agriculture
The East Kimberly Clean Energy Project, valued at US$3 billion, is set to revolutionise 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 […]
Read More
Construction Begins on Quảng Trị’s US$580m 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 on 26 March 2024. Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to […]
Read More
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 1 April 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 […]
Read More
87% of Property Developers in Asia Pacific Targeting 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 26 March 2024. According to global real estate consulting […]
Read More
COP28 Targets Tripled Renewable Energy by 2030, Unveils Asia’s US$7bn Solar and US$58bn 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 […]
Read More