In Short : The Asian Development Bank (ADB) unveiled a new Country Partnership Strategy for Indonesia to boost inclusive, resilient, and sustainable growth. The strategy emphasizes green transition, digital transformation, and stronger social protection. By investing in infrastructure, renewable energy, and human capital, ADB aims to support Indonesia’s long-term vision of sustainable development and economic […]
ADB President Calls for Collective Action to Solve Complex Challenges Together at 58th Annual Meeting of the ADB Board of Governors – EQ
In Short : At ADB’s 58th Annual Meeting in Milan, President Masatsugu Asakawa urged bold collective action to tackle Asia-Pacific’s challenges, including climate change, debt, and digital gaps. With over 5,000 attendees, ADB outlined priorities like transforming food systems, modernizing energy, boosting private sector finance, and enhancing resilience—emphasizing reforms, regional cooperation, and private sector involvement […]
ADB President Affirms Support for ASEAN and Accelerated Action on ASEAN Power Grid – EQ
In Short : ADB President Masatsugu Asakawa reaffirmed support for the ASEAN Power Grid at the ASEAN Finance Ministers meeting, pledging $10 billion for cross-border and national grid projects. An additional $27 billion will support the region’s energy transition. The initiative aims to boost energy security, enable power trade, and drive sustainable development across Southeast […]
Asean power grid — option for S’pore to source green energy – EQ Mag Pro
Trial to import electricity from Malaysia the first step to larger imports of clean energy from South-east Asian neighbours. According to UOB chief sustainability officer Eric Lim, a regional power grid would save governments the cost of constructing new generation facilities and reduce the need for storage and related services. Clean or renewable energy usually […]
Thailand in need of ‘Energy 4.0’
The transformative potential enabled by the intersection of clean energy technologies and the interconnected digital economy offers an ideal platform for powering “Thailand 4.0.” Adopted by the Thai government in 2016, “Thailand 4.0” is a model for growth that aims to transition Thailand into a high-income country through an economy centered around knowledge, innovation, and […]