Australian mining company Evolution Mining is transforming its 20-year-old Mount Rawdon gold mine into a massive 2 GW/20 GWh pumped hydro energy storage facility. The $7 billion project, located in southeast Queensland, will repurpose the existing pit as the lower reservoir and construct a new up...
ADB Unveils New Strategy to Boost Cambodia’s Economy The Asian Development Bank (ADB) has launched a comprehensive five-year strategy (2024-2028) to bolster Cambodia’s sustainable and inclusive economic growth. Key pillars of the strategy include: This strategy is closely aligned with...
ADB Invests $500 Million to Combat Plastic Pollution in Indonesia’s Waters The Asian Development Bank (ADB) has pledged a significant $500 million loan to bolster Indonesia’s fight against plastic marine debris, aligning with the country’s ambitious goal of reducing plastic...
In a significant boost to development efforts, the Asian Development Bank (ADB) and its donors have replenished the Asian Development Fund (ADF) with a record $5 billion. This substantial increase in funding will primarily benefit the poorest and most vulnerable nations in the Asia-Pacific region...
(Prime Minister Hon. Manasseh Sogavare (Left) handsover the keys of the new SIFF Academy to the Minister for Home Affairs Christopher Laore, SIFF President Donald Marahare and Chair NHA and SPM Dr. Jimmie Rodgers) The project’s journey began on October 25, 2021, when the National Hosting Au...