Despite abundant resources, Mongolia has struggled to shore up its energy security and decrease its dependence on Russia for refined fuel and electricity. The government has made some headway in diversifying fuel imports and improving its terms of trade, while several mid-stream projects could develop domestic refined fuel production. Meanwhile, important refurbishments of Mongolia’s ageing...
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With a focus on curbing political risk to encourage new investment, Mongolian authorities are striving to build a competitive industry to develop the country’s abundant natural resources. Copper regained its place as Mongolia’s top export in 2014, and is the primary focus of new exploration alongside gold and niche minerals such as fluorspar and rare earth metals. While the coalition...
Given the significant foreign direct investment needed to achieve its development goals, Mongolia has strong motivation to improve its attractiveness to investors. The government is therefore adjusting its policies, while new laws are expected to gradually reinvigorate foreign investment flows.
The Philippine economy is gradually on the rise, largely driven by its business process outsourcing, industry and construction sectors. The average pace of growth in the Philippines in the first half of the decade was 6.3%, compared to 6% in Indonesia, 5.8% in Malaysia and Vietnam, and 3.6% in Thailand.
Articles & Analysis | Unexplored areas in Sarawak may hold vast potential for energy from The Report: Sarawak 2015
The case could be made that no other state in Malaysia is of as much current and historical importance to the country’s on and offshore hydrocarbons industry than Sarawak. The Sarawak basin is one of Malaysia’s richest geological areas for hydrocarbons development, particularly natural gas. It was here that Malaysia’s first oil well, the...
Articles & Analysis | Sarawak’s palm oil producers to benefit from a move into downstream from The Report: Sarawak 2015
Supplying more than one-third of the world’s total crude palm oil (CPO), according to US Energy Information Administration figures, Malaysia has traditionally used only a small fraction of what is produced as a feedstock for biodiesel, opting instead to export most of its output. Slowly and surely, however, local biofuel production has been on...