Dr Sim: Govt studying proposal to build railway linking Bintulu Port to Nusantara
KUCHING (March 24): The government is studying a proposal to build a railway linking Bintulu Port to the new capital of Indonesia, Nusantara, said Deputy Premier Datuk Amar Dr Sim Kui Hian. He said Bintulu Port’s strategic location in Borneo could facilitate the movement of goods from Sarawak to Indonesia using a shorter travel distance […]
Singapore leads Asian peers in attracting foreign investments: Report
SINGAPORE – Singapore is the most attractive country in the region for foreign investments, but it falls behind some advanced economies in terms of environmentally friendly and socially inclusive growth, according to a new index. The Milken Institute’s Global Opportunity Index ranked Singapore first among its Asian neighbours in 2023, and 14th among the 130 […]
Collaborate with Transport Ministry to encourage use of rivers to transport bulky goods, Lee to SRB
KUCHING (March 16): The Sarawak Rivers Board (SRB) is called to work alongside the state Transport Ministry to encourage the use of rivers for transportation of bulky goods instead of relying on roads, said its minister Dato Sri Lee Kim Shin. “If more heavy cargo can be transported via rivers, there will be less damage […]
China’s largest green hydrogen refuelling station is selling H2 at a seventh of the cost of the fuel in California
Sany claims its integrated production and fuelling complex supplies hydrogen at cost parity with diesel The largest integrated green hydrogen production and refuelling complex in China is able to supply hydrogen at 35 yuan per kilo ($4.86/kg), near cost parity with diesel, according to reporting by the Chinese newspaper Hunan Daily. Unlike the vast majority of […]
Sumitomo eyes enhanced participation in S’wak’s green projects
SINGAPORE: Sumitomo Corporation (Sumitomo) has expressed its interest to have greater involvement in Sarawak’s green projects. Among the projects are biomass bamboo, renewal energy, carbon capture, utilisation and storage (CCUS), green metals, chemical and derivates. Deputy Premier Datuk Amar Awang Tengah Ali Hasan welcomes Sumitomo to explore and invest in the bamboo plantation project. He […]
Sarawak welcomes Singaporean investors
KUCHING: The Sarawak government has consulted with several Singaporean investors to explore investment opportunities especially in renewable energy, green energy and digital economy projects in the state. Deputy Premier, Datuk Amar Awang Tengah Ali Hasan who was in Singapore yesterday engaged with representatives from UOB Group, Eastspring Investments, TWO Family Office and Chemsains Konsultant Sdn […]
The Netherlands announces subsidies for €998,330,000 for production of renewable hydrogen with a electrolysers
The Netherlands announces subsidies for €998,330,000 for production of renewable hydrogen with a electrolysers. Do you want to produce renewable hydrogen with an electrolyser? And do you have plans for this? Then you will soon be able to apply for a subsidy via the OWE scheme again. To help you prepare your application, we provide you with an […]
China’s emissions, efficiency targets under threat after falling short in 2023
Bloc commits to mobilize $10.8bn for ASEAN sustainable projects SINGAPORE, March 12 (Reuters) – China is falling short on key targets for tackling climate-warming emissions, and analysts said Beijing’s credibility in global climate talks could be at risk unless it redoubles its efforts to get back on track. The Chinese government has rarely missed targets […]
Abang Rahmat Yusuf is CEO of Sarawak Sovereign Wealth Future Fund
KUCHING: The Board of Guardians of the Sarawak Sovereign Wealth Future Fund has appointed Abang Rahmat Yusuf as the Chief Executive Officer (CEO), effective January 29 this year. The announcement was made after the Board meeting yesterday, according to a press statement. Abang Rahmat, 48, was formerly the head of Investment Banking (Malaysia) at CLSA Securities […]
Germany launches green subsidies for industry
Bloc commits to mobilize $10.8bn for ASEAN sustainable projects BERLIN, March 12 (Reuters) – Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday. As part of Germany’s ambitions to become climate-neutral by […]
