Laos and Myanmar have signed a Joint Development Agreement to study a 2,790 MW hydropower project on their shared Mekong border. The feasibility phase is set to run 34 months.
ASEAN ministers specifically called for biofuel and renewable energy diversification as a supply route hedge. The crisis is reframing energy transition as an immediate security imperative.
SGX's bond futures push reflects a structural shift in Asian capital markets. Global investors are treating Southeast Asian sovereign debt as a core allocation, not an afterthought.
Laos cut its diesel excise tax to zero on March 18 after more than 1,000 fuel stations closed and prices spiked 50 percent in a single week. The country imports over 97% of its fuel from Thailand.
Indonesia and Japan signed a five-year nuclear energy and critical minerals MoC in Tokyo on March 15. The agreement covers technology transfer, SMR collaboration, and potential JBIC and NEXI export credit financing.