International News
4,000km Australia-Singapore Sub-Marine Power Cable to Go Online in 2024
The 4,000km Australia-Singapore sub-marine transmission being developed by Sun Cablet is scheduled to go online in 2024, with a full operational target in 2029, according to a Nikkei Asia report on 18 August. The line is being built at cost of US$21 billion to transmit solar energy from Australia to Singapore. As part of the […]
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Singapore Launching First Taxi Drone Service in Early 2024
Singapore will use a modern and innovative way of transporting tourists to get new experiences and excitement with a 12-kilometre air drone that can fly up to two passengers. According to The Straits Time published on 12 July. This type of taxi drone was developed by the German company Volocopter and is expected to go […]
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Thailand Pledges to Finish US$12 Billion High-Speed Rail Link to China by 2028
Thailand has pledged to complete its part of a much-delayed high-speed rail system linking the country to China through Laos by 2028, which is a link to Yunnan, China via Nong Khai, Laos, according to Bloomberg published on 06 July 2022. Thailand will complete the first of two stages of construction, and expects a test […]
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EU Plans Investment in World’s Tallest Dam to Dent Russia’s Energy Clout
The European Union plans to become the top investor in the world’s tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of the EU’s answer to China’s Belt and Road Initiative. The Rogun Dam is expected to cost around US$8 […]
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US$1.5 Trillion to be Spent on Smart Infrastructure in China in 2021-2025
China’s State-owned enterprises (SOEs) have revealed plans to invest over US$1.49 trillion in more than 1,300 smart infrastructure schemes across the country during from 2021 to 2025, to boost sustainable economic growth. According to a China Daily report in June, those development projects are not the traditional types like railways, roads, and water conservancy, but […]
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US Firm Wins Bid for Singapore’s Mass Transit Line
Giant US engineering firm Jacobs has won a bid to act as a design consultant on the construction of the Tavistock Station and tunnels linking it in the first phase of Singapore’s Cross Island mass transit (MRT) line. The US$302 million contract is an integral part of the 29km underground line which will be Singapore’s […]
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ADB Approves US$4.3bn Loan for Philippines Rail Line
The Asian Development Bank has announced the approval of a US$4.3 billion loan for the construction of the 55km South Commute Railway Project between Metro Manila and Calamba. The project will include 18 stations and a connecting tunnel as an interchange with the planned Metro Manila Subway. The line will ultimately form part of the […]
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The Philippines moves closer to building the world’s largest solar project
The solar Philippines has submitted offers to contract most of its planned 10 gigawatts of projects, including the world’s largest, as the Southeast Asian nation seeks to meet the rising demand for electricity while shifting away from coal. The planned facilities “would help address the country’s potential power shortage” and significantly boost the nation’s grid-connected […]
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IMF: World to Gain Nearly US$78 Trillion Over Coming Decades by Making Energy Transition
In the upcoming decades, the world will gain US$77.89 trillion by replacing coal with renewable energy, according to a publication of the International Monetary Fund (IMF) on 8 June 2022. The net gain of this transition presents represents around 1.2% of the current world GDP every year until 2100. The IMF added the amount of […]
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SIA to reopen Changi Airport lounges after completion of $50m upgrade
Travellers with lounge access can now enjoy a more comfortable journey when passing through Changi Airport, another step towards normality for air travel. Singapore Airlines (SIA) said it would fully reopen its two lounges at Changi Airport Terminal 3 at 6 pm on Tuesday (May 31), following a $50 million upgrading project that started in […]
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