News

ASEAN energy cooperation: the only way to prevent ‘lights out’ in the region

The countries comprising Southeast Asia have witnessed steady economic growth and improving living standards since the Asian Financial Crisis. Having weathered the global fiscal and financial crisis better than most other parts of the world, Southeast Asia has become the third-fastest growing region in the ...

Green groups want paper giant to stop using drained peat in Indonesia

International and Indonesian NGOs are calling on the country’s largest paper company to stop using drained peat swamps for industrial agriculture. The practice, which relies on drying out the waterlogged soil so that acacia trees can be planted, has enabled vast new swaths of land ...

Study finds that carbon finance is not a one-size-fits-all solution to deforestation

Halting the pace at which we’re destroying the world’s forests for agriculture, forestry, mines, and other economic development projects is crucial to combating climate change. Carbon finance, which involves creating monetary incentives for companies and countries to invest in programs to reduce carbon emissions, is ...

Bank Indonesia continues its monetary easing stance

In line with expectations, Bank Indonesia has continued with its monetary easing by keeping its benchmark sevenday repo rate at 4.75 percent on January 19 to maintain stability amid growing global uncertainty. The move anticipated a change in direction of United States economic policies brought ...

The rise of anti-globalisation and its impact in Asia

The world appears to be experiencing a globalisation backlash with an assault coming from both economic and societal fronts. In this changing world, the two defining characteristics of globalisation – increased global trade and greater economic participation in trade – now look poised for an ...

China hydropower having major impact along Mekong River: study

Hydropower facilities along the upper reaches of the Lancang, which becomes the Mekong River as it flows out of China, have led to major river-flow changes affecting Thailand, Cambodia, Laos, Myanmar and Vietnam, according to a study from Finland’s Aalto University. The study found river-flow ...

Private capital investments in conservation have taken off since 2013

Over the past decade, banks, fund managers, and others funneled more than $8 billion into investments aimed at delivering measurable environmental benefits as much as financial returns, according to a new report prepared by the NGO Forest Trends’ Ecosystem Marketplace initiative. The findings of the ...

Indonesia among Asia's top destinations attracting investors: ECN survey

Indonesia is among Asia’s most attractive investment destinations, thanks to a robust private demand combined with expectation of improvements in its business climate, a survey from The Economist Corporate Network showed. Published on January 17, the survey — titled “Navigating Asia’s Risks and Rewards: Asia ...

U.S. ambassadors in Asia make final plea for dead Trans-Pacific trade pact

When hope of enacting the ambitious Trans-Pacific Partnership trade pact ended in November, Max Baucus, the United States ambassador to China, was among the officials who had to grapple with disappointment. The partnership, called the TPP, was a hallmark of the Obama administration. It would ...

Southeast Asia cybersecurity risks have global effect

Cybersecurity vulnerabilities of connected devices in Southeast Asia pose risks to companies far beyond the region, analysts told Bloomberg BNA. The massive October 2016 distributed denial-of-service attack on U.S. websites including those of Netflix Inc. and Twitter Inc., demonstrated that U.S. consumers and businesses aren’t ...

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