News
Southeast Asia steel faces rising CBAM costs as Malaysia’s bill could hit $237 million
Steelmakers across Southeast Asia are facing rising costs as the EU CBAM entered its charging phase this year. The Malaysia Steel Institute (MSI) estimates that CBAM-related compliance costs for the steel sector could reach 970.7 million ringgit.
August 06, 2026
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Thailand moves to review long-term power deals to lower electricity costs
Thailand is undertaking a comprehensive review of its power sector in a bid to bring down electricity prices, including revisiting long-term power purchase agreements (PPAs) signed between state utilities and private generators.
August 04, 2026
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Thailand plans $712 million EV subsidy as Chinese brands reshape auto market
Thailand is considering a major expansion of electric vehicle (EV) subsidies, with a proposed package worth about 24 billion baht (roughly USD 712.2 million). The plan is expected to support the replacement of up to 80,000 commercial vehicles.
July 24, 2026
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Indonesia bets on hydrogen transport with 194-km refueling corridor, dual-fuel bus
Indonesia has unveiled a new hydrogen mobility initiative, including plans to build a 194-kilometer hydrogen refueling corridor and deploy hydrogen–diesel dual-fuel buses.
July 22, 2026
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ASEAN CORSIA credits could generate up to $8.5 billion as aviation demand grows: report
Driven by the implementation of Article 6 under the Paris Agreement and countries’ NDCs, the CORSIA is rapidly emerging as one of the world’s most influential compliance markets. ASEAN countries are the potential major suppliers of carbon credits.
July 06, 2026
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Vietnam ESG Forum puts carbon accounting, Scope 3 disclosures in business spotlight
Vietnam, a critical node in the global supply chain, is at a pivotal decision point in its transition toward sustainability and ESG governance. The ESG Service Corporation Association hosted a forum in Ho Chi Minh City on June 13, featuring the signing of
June 16, 2026
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RECCESSARY hosts first overseas seminar in Vietnam, unpacking DPPA, CBAM strategies for businesses
RECCESSARY, a media platform focused on carbon markets and new energy, held its first overseas seminar in Ho Chi Minh City, Vietnam, on June 12. The event aimed to help Taiwanese businesses navigate Vietnam’s low-carbon transition, covering decarbonizatio
June 13, 2026
News
WHA expands into Thailand data centers, urges grid upgrades for renewables
Thailand’s leading industrial estate developer WHA Group is expanding into data center parks, as it seeks to capture rising demand from foreign technology firms.
June 10, 2026