Gas power in Asia and Pacific Light
The Philippine Star|November 28, 2024
SINGAPORE - It's the city of bright lights, fast and efficient trains underground, the regional headquarter of many big multinationals from the West and the host of one of Formula 1's famous races held at night because it can afford to brighten the road tracks as if it is daytime.
Bienvenido S. Oplas Jr.
Gas power in Asia and Pacific Light

Singapore is the richest Asian country in terms of per capita income. In 2023, Singapore has a per capita GDP at current prices of $84,734, fifth highest in the world behind Luxembourg, Ireland, Switzerland and Norway. But at per capita GDP at purchasing power parity (PPP) values, Singapore is the second highest at $127,544 just behind Luxembourg's $133,973.

The per capita GDP at PPP values of other East Asians in 2023 were: Taiwan $67,044, Hong Kong $64,538, South Korea $54,103, Japan $54,103, Malaysia $34,864, China $22,078, Thailand $21,608, Indonesia $14,014, Vietnam $13,499 and the Philippines $10,165 (Source: IMF, World Economic Outlook database Oct. 2024).

One wonders what powers or what sustains the heavy use of electricity in Singapore. Well, in 2023, Singapore was the most natural-gas intensive country in the world. Here is the percentage share of natural gas in total power generation in terawatt-hours: Singapore used about 90 percent of 57 TWH, Iran used 84 percent of 383 TWH and Egypt used 81 percent of 220 TWH.

Other Asians have these numbers: Thailand with 68 percent of 190 TWH, Taiwan with 40 percent of 282 TWH, Malaysia with 37 percent of 188 TWH, Japan with 32 percent of 1,013 TWH, S. Korea with 27 percent of 618 TWH, Indonesia with 17 percent of 351 TWH, Philippines with 14 percent of 118 TWH (Source: Energy Institute, 2024).

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE PHILIPPINE STARView all
MQuest Artists Agency offers acting, dance, voice workshops
The Philippine Star

MQuest Artists Agency offers acting, dance, voice workshops

Those who will participate in the MQuest Artists Agency (MQAA) acting, dance, and voice public workshops will get the chance to be discovered and have exclusive access to auditions and the opportunity to join the MQAA talent pool.

time-read
2 mins  |
December 02, 2024
SAM VERZOSA ON GIRLFRIEND RHIAN RAMOS: SHE'S MY LUCKY CHARM
The Philippine Star

SAM VERZOSA ON GIRLFRIEND RHIAN RAMOS: SHE'S MY LUCKY CHARM

SAM VERZOSA DESCRIBED girlfriend Rhian Ramos his \"lucky charm\" after receiving back-to-back awards this month.

time-read
3 mins  |
December 02, 2024
The charmed life of Happy Ongpauco-Tiu
The Philippine Star

The charmed life of Happy Ongpauco-Tiu

I was recently invited to the birthday lunch of PR guru Susan Joven at Tsokolateria-Pamana restaurant in the new GH (Greenhills) Mall.

time-read
4 mins  |
December 02, 2024
FEELING RIZAL HOVER 'IN THE AIR' TONIGHT IN HEIDELBERG
The Philippine Star

FEELING RIZAL HOVER 'IN THE AIR' TONIGHT IN HEIDELBERG

HEIDELBERG, Germany—They say history is not just something we read or study; it is something we walk through. All our movements and moments become, in a sense, historic (with the magnitude of their historicity being relative, of course). History inhabits the air of cities—most especially old, grizzled ones such as Heidelberg in Germany with the hum and thrum of its cobblestones, where we recently echoed the footfalls not only of countless German figures who have shaped history but also of one Dr. Jose Rizal.

time-read
5 mins  |
December 02, 2024
The Philippine Star

New Phl CPF finalized early next year – WB

The World Bank expects to finalize by early next year its new country partnership framework (CPF) that will outline programs to be supported in the Philippines for 2025 until 2028.

time-read
1 min  |
December 02, 2024
Focus on exports
The Philippine Star

Focus on exports

Federation of Filipino Chinese Chamber of Commerce and Industry Inc. (FFCCCII) president Cecilio Pedro hopes that government officials would focus on increasing the country's self-sufficiency next year in the face of possible tariffs threats from the United States with the expected takeover of the government by president-elect Donald Trump.

time-read
4 mins  |
December 02, 2024
The Philippine Star

ERC: EPIRA amendments could bring down power costs

The proposed changes to the Electric Power Industry Reform Act (EPIRA) could deliver the long-awaited solution to soaring electricity costs, according to the country's power regulator.

time-read
2 mins  |
December 02, 2024
The bigger problems
The Philippine Star

The bigger problems

\"In the larger scheme of things, Sara is unimportant. So please do not file impeachment complaints. It will only distract us from the work of governance which is to improve the lot of all Filipinos.\"

time-read
4 mins  |
December 02, 2024
The Philippine Star

Phl MSMEs among target beneficiaries of ADB, Mastercard financing in Asia-Pacific

Micro, small and medium enterprises (MSMEs) in the Philippines are among the initial target beneficiaries of financing from the Asian Development Bank (ADB) and Mastercard to support small businesses in Asia-Pacific.

time-read
1 min  |
December 02, 2024
The Philippine Star

Metro Retail revisiting network expansion plan

Metro Retail Stores Group Inc., the listed retail company of the Gaisano Group, is revisiting its network expansion plan and strategies to adapt to the changing preferences of Filipino consumers.

time-read
2 mins  |
December 02, 2024