March 31, 2014 | Singapore
Singapore plans to construct a second LNG terminal, part of its long-term strategy to become Asia’s LNG trading hub. Singapore’s first LNG terminal, with a capacity of 3.5 mtpa, commenced operations in March 2013. The project,...
Read MoreMarch 31, 2014 | Singapore
Singapore’s Pan-United Corporation Limited (PUCL) has bought a 90 per cent stake in the Changshu Changjiang International Port (CCIP). The deal, made through PUCL’s subsidiary, Changshu Xinghua Port (CXP), is worth RMB 436.5...
Read MoreMarch 31, 2014 | Philippines
The Department of Budget and Management has given the Multi-Year Obligational Authority to the Department of Transportation and Communications (DOTC) for two public–private partnership (PPP) projects. These are the fare...
Read MoreMarch 31, 2014 | Philippines
The JV of Aboitiz Power Corporation and Norway-based Statkraft Norfund Power Invest AS is set to develop several greenfield power projects in the Philippines, which will include two hydropower projects in Luzon in 2014. The...
Read MoreMarch 31, 2014 | Philippines
ADB has signed a geothermal power supply agreement with Aboitiz Power Corporation’s retail electricity supplier, Advent Energy, Inc. Following the agreement, ADB will now buy electricity requirements from Advent Energy, instead...
Read MoreMarch 31, 2014 | Philippines
Manila Electric Company (Meralco) has secured permission from the Energy Regulatory Commission (ERC) to implement a finance and logistics systems migration project worth PhP 364 million in order to replace the company’s current...
Read MoreMarch 31, 2014 | Philippines
The Department of Energy (DOE) has approved the contracts of Basic Energy Corporation for the development of four small-hydro power (SHP) projects in Negros Occidental. The scope of the contracts includes the construction,...
Read MoreMarch 31, 2014 | Philippines
Three 10 MW biomass plants, worth PhP 1 billion each, will be constructed in Bukidnon province. The Department of Energy (DOE) has approved the operating contract of First Bukidnon Electric Cooperative to implement the project....
Read MoreMarch 31, 2014 | Philippines
The International Finance Corporation, the investment arm of the World Bank, and ThomasLloyd Group Limited (UK-based fund manager) have signed an agreement to provide $330 million in financing for renewable energy projects in...
Read MoreMarch 31, 2014 | Myanmar
The World Bank has approved a loan of $31.5 million from the International Development Association for the Telecommunications Sector Reform Project in Myanmar. The project aims to develop the information, communication, and...
Read MoreMarch 31, 2014 | Myanmar
Qatar-based telecommunications operator Ooredoo will be launching 3G mobile services in Myanmar by the third quarter of 2014. In terms of mobile penetration, the current level in Myanmar is reported to be below 10 per cent....
Read MoreMarch 31, 2014 | Myanmar
Maersk Line has received a permanent licence to operate its container business activities in Myanmar. The shipping company, along with the AP Moller-Maersk Group, MCC Transport, and Safmarine, plans to establish its agency in...
Read MoreMarch 31, 2014 | Malaysia
State-owned public transport operator Syarikat Prasarana Negara Berhad has launched its dual-tranche, government-guaranteed sukuk Murabahah, with a nominal value of RM 2 million. The sukuk comprises RM 1.5 billion in nominal...
Read MoreMarch 31, 2014 | Malaysia
According to the National Water Services Commission, a total of 768 applications for development projects in Selangor, Putrajaya, and Kuala Lumpur had to be deferred between January 2012 and January 2014, due to the shortage of...
Read MoreMarch 31, 2014 | Malaysia
China-based BYD Company Limited has won a bid to supply 15 battery-operated electric transit buses to RapidKL. They will be used as shuttle buses on the bus rapid transit (BRT) line in the Klang Valley. BYD’s electric bus has...
Read MoreMarch 31, 2014 | Malaysia
The consortium of JGC Corporation and Samsung Heavy Industries has received a contract from Petronas to construct a floating LNG plant on gas fields off the Malaysian coast. The lump-sum turnkey contract includes the...
Read MoreMarch 31, 2014 | Malaysia
A feasibility study on the extension of the light rail transit (LRT) line from Kelana Jaya to Port Klang is currently in the final stage of preparation. It will be ready for submission to the Land Public Transport Commission by...
Read MoreMarch 31, 2014 | Malaysia
The ExxonMobil Corporation has announced the start of natural gas production at the Damar field, off the east coast of peninsular Malaysia. ExxonMobil’s subsidiary, ExxonMobil Exploration and Production Malaysia, Inc., has a 50...
Read MoreMarch 31, 2014 | Malaysia
Petroliam Nasional Berhad (Petronas) is planning to sell its stakes in five offshore oilfields in Vietnam for a combined $300 million. The planned asset sale is part of the oil company’s current endeavour to streamline its...
Read MoreMarch 31, 2014 | Lao People's Democratic Republic (PDR)
The Huaphan provincial authority has signed a construction agreement with private companies to develop roads in the region: The first project involves the construction of a 60 km section of Road No. 6A, which will link Viengxay...
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