Latest news with #Asia-led
Daily Tribune
27-06-2025
- Business
- Daily Tribune
Kingdom Seeks Asian Investment
TDT | Manama Bahrain stepped up efforts to position itself as a key beneficiary of Asian-led infrastructure investment by engaging with top decision-makers during the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), held in Beijing under the theme 'Connecting for Development and Cooperation for Prosperity'. Leading the Kingdom's delegation, Yousef Abdullah Al-Hamoud, Undersecretary for Financial Affairs at the Ministry of Finance and National Economy, held meetings with bank executives and other high-level officials to expand Bahrain's role in the region's infrastructure development map. Strategic engagement On the sidelines of the summit, Al-Hamoud met with Konstantin Lemtovsky, Chief Investment Officer at AIIB, and Junjing Wang, CEO of the Multilateral Cooperation Center for Development Financing. The discussions focused on enhancing joint cooperation and unlocking new opportunities for financing infrastructure, energy, and logistics projects in Bahrain. The summit, inaugurated by Li Keqiang, Premier of the State Council of China, brought together ministers, investors, and international organisations to address development challenges through strategic partnerships and sustainable infrastructure funding. Support for new leadership Al-Hamoud conveyed Bahrain's support for Ms. Zou Jiayi of China, who was elected by the AIIB Board of Governors as the bank's new President. He welcomed her vision for expanding the bank's contribution to development projects across member states and praised the AIIB's growing role in responding to climate and geopolitical changes. He also reaffirmed Bahrain's commitment to cooperating with the AIIB and aligning its national infrastructure strategies with the bank's regional investment goals. Platform for growth The AIIB, established in 2015, now includes 110 member countries. Its operational priorities span sectors such as transportation, energy, communications, agriculture, and urban development. Bahrain became a member in 2018 and continues to pursue opportunities to attract multilateral financing for strategic national projects. As infrastructure financing becomes increasingly competitive across the region, Bahrain's active engagement at this summit signals a renewed drive to tap into Asia-led development flows.
The Star
10-06-2025
- Business
- The Star
PETRONAS sets stage for event, highlights Asia's energy transition path
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) gathered nearly 100 media and communications professionals from over 30 organisations for a lunch talk titled 'Road to Energy Asia 2025', aiming to build momentum ahead of its flagship energy conference next month. The session offered a preview of the upcoming Energy Asia 2025, set to take place from June 16-18 June at the Kuala Lumpur Convention Centre. Organised by PETRONAS in partnership with CERAWeek by S&P Global, the event will convene policymakers, business leaders and energy experts to explore Asia-led strategies for accelerating the global energy transition. PETRONAS senior general manager of strategic communications Siti Azlina A Latif emphasised the importance of multi-stakeholder engagement in transforming the energy landscape. 'The energy transition cannot be achieved in isolation. Public and private sector collaborations as well as public education is key to driving the transformation of the energy landscape and supporting ecosystems,' she said in a statement. Energy Asia 2025 will feature more than 180 global speakers and is expected to draw over 4,000 delegates from 50 countries. Its programme includes over 50 strategic dialogues under themes such as energy policy, markets, innovation, capital, sustainability, and talent development. With the theme 'Delivering Asia's Energy Transition', the conference will highlight collaborative solutions to drive energy security, scale renewable energy, and deploy decarbonisation technologies across the region. Separately, the Energy Park, a core component of the event, will serve as a hub for technology showcases and innovation dialogues. It will bring together startups, technologists, investors and policymakers to highlight breakthroughs in areas such as artificial intelligence, low-carbon fuels, mobility, and the circular economy. PETRONAS aims for Energy Asia 2025 to be a platform that not only sparks discourse but also delivers actionable solutions that can support a just, inclusive and practical energy transition for the region.
The Star
15-05-2025
- Business
- The Star
PETRONAS sets stage for Energy Asia 2025, highlights Asia's energy transition path
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) gathered nearly 100 media and communications professionals from over 30 organisations for a lunch talk titled 'Road to Energy Asia 2025', aiming to build momentum ahead of its flagship energy conference next month. The session offered a preview of the upcoming Energy Asia 2025, set to take place from 16 to 18 June at the Kuala Lumpur Convention Centre. Organised by PETRONAS in partnership with CERAWeek by S&P Global, the event will convene policymakers, business leaders and energy experts to explore Asia-led strategies for accelerating the global energy transition. With the theme 'Delivering Asia's Energy Transition', the conference will highlight collaborative solutions to drive energy security, scale renewable energy, and deploy decarbonisation technologies across the region. PETRONAS senior general manager of strategic communications, Siti Azlina A Latif, emphasised the importance of multi-stakeholder engagement in transforming the energy landscape. 'The energy transition cannot be achieved in isolation. Public and private sector collaborations as well as public education is key to driving the transformation of the energy landscape and supporting ecosystems,' she said in a statement. Energy Asia 2025 will feature more than 180 global speakers and is expected to draw over 4,000 delegates from 50 countries. Its programme includes over 50 strategic dialogues under themes such as energy policy, markets, innovation, capital, sustainability, and talent development. Separately, the Energy Park, a core component of the event, will serve as a hub for technology showcases and innovation dialogues. It will bring together startups, technologists, investors and policymakers to highlight breakthroughs in areas such as AI, low-carbon fuels, mobility, and the circular economy. PETRONAS aims for Energy Asia 2025 to be a platform that not only sparks discourse but also delivers actionable solutions that can support a just, inclusive and practical energy transition for the region.
Bloomberg
13-12-2024
- Business
- Bloomberg
Cherry Boom Has Chile Predicting Record Agriculture Shipments
Fruit-exporting powerhouse Chile expects to register record agriculture shipments in the coming season on favorable weather and strong Asia-led demand. Chile — the biggest cherry exporter and a top shipper of blueberries and grapes — has had three years of normal rainfall after a prolonged drought and managed to contain plagues and avoid unseasonal downpours. Authorities have also struck deals to reduce barriers in China and Europe at a time when health-conscious consumers are pushing up demand.
