Japan, Brunei vow to enhance cooperation
December 15, 2013
Japan and Brunei leaders on December 13 agreed to enhance bilateral cooperation in fields like energy, economy and defense ahead of a special summit between Japan and ASEAN in Tokyo….
Energy & Resources
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Indonesia misses out on $27b in tax revenue
Indonesia is missing out on more than $27 billion in tax receipts annually because the tax office does not have enough personnel to keep up with the growing number of…
Negros to host Philippines’ biggest solar project
The Philippine Department of Energy (DOE) has approved the construction of the country’s biggest solar power project to date at the San Carlos Economic Zone in Negros, InterAksyon reported. The…
Malaysia: Cost of living surges
Cost for food, electricity and transport is rising fast in Malaysia, with some items and services becoming as much as 50 per cent more expensive. As for food, the surge…
Malaysia and Taiwan to enhance economic relations
Malaysia and Taiwan on December 9 made a commitment to explore ways to further enhance bilateral economic relations and to overcome challenges between the two countries, Bernama reported. Through the…
Malaysia, Brunei agree on oil cooperation
Malaysia and Brunei have inked historic deals to jointly drill for oil and gas in the resource-rich waters off the maritime border shared by the two nations, between the northern…
IMF urges Myanmar to focus on poverty reduction
The International Monetary Fund (IMF) has urged Myanmar to "urgently prioritise" tackling widespread poverty. "As Myanmar opens up and expands, it needs the structural foundations of a modern economy. This…
Indonesia to ban all ore exports in 2014
The Indonesian government will ban all mineral-ore exports in 2014 after it received backing from parliament, said Energy and Mineral Resources Minister Jero Wacik according to Bloomberg. Indonesia, the world’s…
Samsung wins $770 million deal in Malaysia
Samsung Engineering Co., one of South Korea’s largest industrial plant builders, said on December 5 it has obtained a $770 million order for a natural gas processing plant in northeastern…
Indonesia to import LNG from the US
Indonesia’s state-owned oil and gas producer Pertamina has signed its first agreement to import liquefied natural gas (LNG) in a deal to take supplies from the US. Pertamina will buy…
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