With the state-backed ESG fund expected to stimulate the market, one brokerage forecasts the SET Index to rise 5% by the end of the year. (Photo by Takaki Kashiwabara)
Markets

Thai stock market rallies as state-backed $4.5bn fund gears up

Benchmark SET index nears 2024 high, lifted by companies with high ESG ratings

7 September 2024
Green Rubber Energy's technology offers an alternative to burning waste tires. (Green Rubber Energy)
Climate Change

Japan's Marubeni takes stake in Thailand tire recycling company

Trading house buys into technology that recovers carbon black

6 September 2024
The new venture will solidify state energy company Petronas's standing in the biofuels value chain beyond trading and offer sustainable solutions to reduce carbon emissions.
Energy

Petronas, Enilive and Euglena to jointly develop biorefinery in Malaysia

The plant at Pengerang Integrated Complex in Johor state is expected to be operational by 2028

26 July 2024
About a third of Inpex's additional spending will go to developing onshore wind power in Australia. (Inpex)
Energy

Japan's Inpex picks Australia for $1.25bn renewable energy buildup

Gas and oil driller seeks to create export hub for green hydrogen

13 July 2024
Breaking down coal at a yard in Sonbhadra, Uttar Pradesh, India, on Nov. 23, 2021. Climate change, worsening heat waves and parched dams are cutting India's hydroelectricity production and leading to the encroachment of coal mining projects on rural communities.
The Big Story

India's climate crisis: New coal mining spreads as heat waves drain hydro dams

Remote communities desperate to protect nature take up bows and arrows to scare off mine officials

10 July 2024
Vietnam is expected to expand its use of solar power and other renewable energy sources.
Energy

HSBC lends $23m for Malaysian firm's Vietnam solar project

Power plant offsets 75,000 tonnes of carbon in top ASEAN solar producer

9 July 2024
Offshore wind turbines in the Taiwan Strait. The island is looking to increase its use of renewable energy to feed rapidly growing demand for power.  
Supply Chain

Taiwan's top power cable maker ventures into offshore wind

Walsin Lihwa sees opportunity in island's shift to renewable energy

8 July 2024
Years of bogus sales and accounts receivable, combined with rising input costs, left the company unable to repay its debts in early 2023. (Nikkei montage/Source photos by Stark website)
Market Spotlight

Fraud trial exposes shortfalls in Thai corporate governance

Wire maker Stark's scandal ensnares Kasikornbank, Deloitte and Credit Suisse

8 July 2024
Drought-stricken sesame crops stand in a field in Jiangxi province, China, in August 2022.
Opinion

Empowering small farmers can combat climate risk across Asia

Why private credit and sustainable agriculture are key to cutting emissions

7 July 2024
Chinese turbine makers like Mingyang and Goldwind are expanding exports with their low prices. (Goldwind Australia)
Energy

China grows strength in wind turbines, takes top spot in key patents

Manufacturers flood global market with cheaper and larger products

2 July 2024
Indonesia and Japan agreed to cooperate on hydrogen and ammonia at a joint forum in Jakarta on May 31. (Photo by Nana Shibata)
Energy

Indonesia bets on Japan tie-up to boost its nascent hydrogen industry

Southeast Asian nation aiming to be 'key player' in global markets for the gas

30 June 2024
Women occupy a disproportionately small share of managerial posts in Japan. (Photo by Nanami Sato)
Work

Japan to require companies to report on women in management

Disclosure rule aims to tackle persistent gender gap

27 June 2024
Australia's Labor government has a legislated target of generating 82% of the country's electricity from renewable sources by 2030 to meet its commitments under the Paris Agreement on climate.
Energy

Renewable backers anxious as Australia's energy debate goes nuclear

Proposal adds uncertainty to wind and solar projects already facing hurdles

26 June 2024
The state secretary and special envoy for international climate action at the German Federal Foreign Office, Jennifer Morgan, speaks during an interview in Tokyo on June 19. (Photo by Yuki Kohara)
Interview

Germany to push for Chinese contributions to climate finance

Beijing has capacity to fund others, says envoy Jennifer Morgan prior to visit

20 June 2024
A zero-carbon McDonald's restaurant in Beijing: Diners can pedal bikes to generate the power to charge their phones. (VCG via AP)
Opinion

Asia should not yield opportunity to lead on climate disclosure

Regulators are pushing ahead with new rules but some companies are wavering

18 June 2024
Japan's local governments promoted development on low-lying land in the 2000s despite flood risks.
Datawatch

Japan's flood damage exacerbated by urban development

Water-related losses up by 3.5 times in 30 years as more businesses move to lowlands

16 June 2024
Kongkrapan Intarajang, the newly appointed president and CEO of PTT Group, Thailand's major oil and gas conglomerate. (Photo by Apornrath Phoonphongphiphat)
Environment

Thailand's PTT to balance carbon, green businesses to meet net zero target

Oil and gas major plans to revise 5-year, $2.4 billion investment plan

14 June 2024
Marubeni is supplying ANA with sustainable aviation fuel in Japan. (Photo by Makoto Okada)
Transportation

ANA taps Marubeni for cheaper sustainable aviation fuel at Narita Airport

Vegetable oil mixed with crude in existing refineries to emit less CO2

14 June 2024
Asuene uses artificial intelligence to help companies measure and visualize emissions down the supply chain. (Asuene)
Environment

Japan emissions-monitoring startup backed by SMBC, Murata and others

17 companies invest $27m in Asuene, with eye on decarbonization solutions

14 June 2024
The Tokyo Stock Exchange has been urging listed companies to raise their price-to-book ratios. (Photo by Yuki Kohara)
Equities

Japan stock buybacks hit $57bn, speeding toward annual record

Repurchases are growing in size and being embraced by more companies

12 June 2024
A door-to-door sales lady trusted by her customers is being called on to help Mercari and the municipal government of Miyoshi, Hiroshima prefecture, collect some of Japan's $423.38 billion worth of latent assets.  
ESG

'Yakult ladies' go to work for Mercari to unearth latent assets

Old-fashion sales style could help reignite growth at one of Japan's digital giants

8 June 2024
Sumitomo Mitsui Construction's floating solar power system in Tokyo Bay can stay in position even in choppy waters. (Photo by Koki Izumi) 
Energy

Offshore solar power tested out on Tokyo Bay with pilot projects

Sumitomo Mitsui Construction eyes future megasolar plant at sea as land runs short

4 June 2024
 Google aims to have solar power and other renewable energy cover all the company's power consumption by 2030. (Source photos from Reuters and Clean Energy Connect)
Climate Change

Google signs Japan solar farm deals to power data centers

CEC and Shizen Energy to build plants to raise renewable energy consumption

24 May 2024
A passerby walks by a signboard displaying Japanese stock prices.
ESG

Japan firms that engage with investors see 6% higher market cap: GPIF

World's largest pension fund examined data from massive stock portfolio

23 May 2024