BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing.

That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think tank, and McKinsey & Company. (China-Global New Energy Cars)

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MANILA -- The Asian Development Bank (ADB) on Monday said it has approved a 100-million-U.S.-dollar loan for small and medium-sized enterprises (SMEs) in Sri Lanka to have more access to finance and build their resilience to external shocks, such as economic crisis and climate change.

According to the ADB, Sri Lanka's SMEs provide 45 percent of employment and contribute 52 percent to the gross domestic product (GDP) of the South Asian country. "It is therefore important to provide SMEs, particularly women-led enterprises, with the necessary support to sustain and grow the sector's contribution to the economy." (Philippines-ADB Loan)

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HOUSTON -- The global energy forum CERAWeek is kicking off Monday in Houston, in the U.S. state Texas, to explore opportunities and risks in a turbulent energy world amid transformation.

The one-week forum will gather more than 1,400 speakers, addressing questions in energy markets, policy and geopolitics, company strategies, capital transition, climate and sustainability, minerals and metals, and other areas. (U.S.-Energy Forum)

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VIENTIANE -- Laos recorded a trade deficit of 188 million U.S. dollars in January, according to the latest figures from the Lao Trade Portal website.

The total value of trade in January amounted to over 1.3 billion dollars, of which 561 million U.S. dollars were for exports and 749 million dollars for imports, said a report issued on Monday on the website. (Laos-Trade Deficit) Enditem

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