Southeast Asian leaders joined Japan on April 15 for the Asia Zero-Emission Community (AZEC) Plus Online Summit on Energy Resilience, a high-level emergency meeting aimed at securing the region’s energy future.
Category: Economy
Singapore and Australia strengthen energy agreement to secure fuel supplies
Singapore and Australia reaffirmed their strategic cooperation in a critical energy and essential supplies agreement on April 10.
Indonesian President Prabowo Subianto highlights US$672 million asset recovery
On April 10,Indonesian President Prabowo Subianto witnessed the handover of administrative fines, recovered state funds and the sixth phase of reclaimed forest areas during a ceremony at the Indonesian Attorney General’s Office in Jakarta.
Energy Minister: Thailand has enough oil reserves to cover domestic demand
Thailand’s oil reserves were sufficient to cover domestic demand for 109 days as of April 9, according to the Ministry of Energy. The reserves consist of 25 days of legally required strategic stock, 22 days of commercial reserves, 31 days of crude currently in transit and another 31 days already secured for delivery.
Philippines to provide fare discounts and fuel subsidies for public transport
On April 9, Philippines President Ferdinand Marcos Jr. stated that the government will implement a nationwide transportation programme that includes subsidised fares and fuel discounts. The scheme will be implemented on April 15 in order to prevent the pressure caused by surging oil prices due to the conflict in the Middle East.
China–Laos Railway drives surge in cross-border trade
On April 7, the customs authorities of Kunming city reported a record trade along the Laos-China Railway for the fourth quarter of 2026, rising 62.7% year‑on‑year to CN¥6.81 billion (US$992 million).
Vietnam, Laos and Thailand push East-West Economic Corridor reconstruction
The East-West Economic Corridor (EWEC) will be reconstructed following the meeting among officials from Vietnam, Laos and Thailand in Laos’ Champasak province on April 3.
Timor-Leste approves US$168.8 million diesel purchase to secure fuel supply
The government of Timor-Leste has approved a major fuel procurement plan on April 1, aimed at safeguarding national energy supplies amid continuing instability in the Middle East.
Malaysia announces WFH scheme to ease fuel consumption
Malaysia will introduce work-from-home (WFH) arrangements for government institutions from April 15 as part of efforts to conserve fuel and safeguard national energy supplies, Prime Minister Anwar Ibrahim announced on April 3.
Philippines seeks Iran’s assurance for energy security amid Hormuz blockade
On April 1, the Philippine Secretary of Foreign Affairs Teresa Lazaro, along with Secretary of the Department of Energy (DOE) Sharon S. Garin, convened a meeting with the Iranian Ambassador Yousef Esmaeilzadeh to discuss the country’s energy lifelines.