Heightened activity in the Sarawak Corridor of Renewable Energy (SCORE) has brought positive appraisals from industry analysts, signalling a vote of confidence in the development’s economic future as further projects are unveiled.
Asia Energy
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Under plans revealed in October, state-owned energy firms in Myanmar will seek foreign partnerships to improve operations and open up downstream energy operations to investment.
Unprecedented levels of Chinese demand for nickel ore has created a sizeable market opening for the Philippines to expand nickel exports, prompting the country to re-examine the underdeveloped minerals industry and maximise output amid a dearth of supplies in the region.
As incoming Indonesian president Joko “Jokowi” Widodo prepares to take the reins on October 20, speculation is growing that the way in which he tackles cutting the huge fuel subsidies may come to define his presidency.
A wave of energy exploration and extraction projects is expected to be rolled out in Indonesia over the coming months, with an increased focus on developing new offshore reserves.
Recent investments in Sabah’s palm oil sector, reinforcing both its processing and logistics capacity, could be the catalyst for further growth and capital input through the expansion of its downstream industrial capabilities.