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Asia-Pacific

Japanese,US, German, Australian team targets big battery projects in Asia-Pacific

MELBOURNE: Japan’s JERA, a U.S.-German joint venture, and an Australian firm have teamed up to develop battery projects in the Asia-Pacific, including the world’s biggest, targeting a market expected to be worth several billion dollars by 2022. The move marks a big green push for JERA, a joint venture between Tokyo Electric Power Co and Chubu Electric Power Co that is the world’s top buyer of liquefied natural gas (LNG) and one of the world’s biggest coal traders. The plan is for JERA to fund energy storage projects…

Nissan to launch new all-electric Leaf in Asia-Pacific markets

SINGAPORE: Nissan said on Tuesday it will launch the new version of its all-electric vehicle Leaf in seven markets in Asia-Pacific, and explore bringing it to two more, in its latest push to boost sales of electrified vehicles. Lower-emission vehicles have become a major priority for the world’s top automakers, who are poised to introduce dozens of new battery electric and hybrid gasoline-electric models over the next five years. Nissan, Japan’s No. 2 automaker, will launch the model in Australia, Hong Kong, Malaysia,…

India has the highest bribery rate in Asia-Pacific region

India has the highest bribery rate in the Asia Pacific region where nearly seven in 10 people who had accessed public services had paid a bribe, said a report by the Transparency International. The report titled ‘People and Corruption: Asia Pacific – Global Corruption Barometer’ is one of the most extensive survey of its kind involving 21,861 people in sixteen countries, regions and territories across the Asia Pacific region between July 2015 and January 2017 about their perceptions and experiences of corruption. The…

Zika likely to spread in Asia-Pacific region, WHO warns

MANILA: The Zika virus is set to spread through Asia, the World Health Organization warned Monday, with hundreds of cases reported in Singapore and two Thai babies diagnosed with Zika-linked microcephaly. The mosquito-borne virus has been detected in 70 countries worldwide including at least 19 countries in the Asia-Pacific region, said WHO director for health security and emergencies Li Ailan. A WHO report released at the annual regional meeting in Manila said the virus was "highly likely to further spread in the region"…