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Above the Russian Arctic Circle, prisoners of Putin's pension reform

VORKUTA, Russia (Reuters) - Russian railway worker Andrey Bugera had a singular goal: get to pension age so he can leave the polluted, frigid coal mining town above the Arctic Circle where he works and move south to live out even a brief bit of retirement in comfort.

Score gets RM1.47b financial boost

Big allocation is to finance infrastructure projects like roads, electricity and water

Mega project: Murum dam in operation. Sarawak Energy Bhd, which built the Murum dam and is now undertaking the Baleh dam project, has a long-term plan to construct a 300MW coal-fired power plant in Merit Pila, about 75km from Kapit in the Upper Rajang

Talk of coal-mining in Sabah draws objections across the board

KOTA KINABALU: Concerns over the Government's plans to reopen the possibility of coal mining in Sabah has drawn immediate objections across the board.

Danger remains even as flood waters recede in Hurricane Florence's aftermath

(Reuters) - Nearly all rivers and waterways in North and South Carolina will crest Sunday, but most will remain at dangerous flood levels for days to come, the U.S. National Weather Service warned, more than a week after the arrival of Hurricane Florence, which has killed at least 40 people.

Carolina communities race to beat dangerous flooding from Florence

RALEIGH, N.C., CHARLESTON, S.C. (Reuters) - Communities in North and South Carolina along waterways to the Atlantic coast faced rising floods on Saturday more than a week after the arrival of Hurricane Florence, which has killed at least 40 people.

China places top energy official, a senior Uighur, under investigation

BEIJING (Reuters) - China on Friday placed one of the country's most senior ethnic Uighur officials, head of the energy administration and a former governor of the restive region of Xinjiang, under investigation for suspected graft.

Indonesia aims to coax, not compel, exporters to convert dollar

JAKARTA: Indonesia's finance minister said the government aims to "persuade" exporters to keep earnings onshore and convert them into rupiah, rather than make this mandatory, amid confusion over a plan floated this week to support the ailing currency.

Some analysts point to tougher rules in Malaysia and Thailand, though also question whether copying them could breach Indonesia's free foreign exchange regime.  Malaysia has, since 2016, required exporters to convert 75 percent of their earnings to ringgit, while Thai exporters must keep export proceeds above a certain amount in authorized banks for 360 days.

Shell wins LNG deal to supply Chinese firm's power plant in Panama

HOUSTON: Royal Dutch Shell Plc has won a long-term contract to provide liquefied natural gas to a Chinese company's 441 megawatt power plant under construction in Colon, Panama, advisors on the deal said

The deal with a Shell trading unit comes as a trade dispute between the United States and China has put global LNG exports in the spotlight. This week, China imposed tariffs on $60 billion of U.S. goods, including a 10 percent tax on LNG imports effective Monday, in response to the U.S. slapping tariffs on some $200 billion of Chinese goods.

Indonesia to coax exporters to convert US dollar

JAKARTA: Indonesia’s finance minister says the government aims to “persuade” exporters to keep earnings onshore and convert them into rupiah, rather than make this mandatory, amid confusion over a plan floated by another minister.

On Tuesday, Trade Minister Enggartiasto Lukita(left) said authorities intended to make it mandatory for exporters of commodities such as palm oil, coal, oil and natural gas to keep half of their proceeds onshore for at least six months and convert them to rupiah.

No to coal power in Sabah, explore renewable energy first, says WWF

KOTA KINABALU: Please don't restart the coal power plant project in Sabah, explore renewable energy sources first to solve the state’s power supply woes, the World Wide Fund for Nature (WWF) Malaysia urges the Malaysian government.

File photo of Energy, Green Technology, Science and Climate Change Minister Yeo Bee Yin (centre) checking out renewable energy generation on July 31 at the NGO Create Borneo near Kota Kinabalu. Next to her are Create officials Adrian and Jenifer Lasimbang.

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