Malaysia’s Maybank to implement $11.9 bln sustainable finance framework
KUALA LUMPUR, July 19 (Reuters) – Malaysia’s largest lender by assets, Malayan Banking Bhd (Maybank) (MBBM.KL), said on Monday it was committed to implementing a 50 billion ringgit ($11.88 billion) sustainable product framework within this year.
Malaysia should step up sustainability efforts to attract foreign investments
KUALA LUMPUR: As the world deals with the global climate crisis, it is crucial for Malaysia to enhance its sustainability initiatives to ensure a better future for the younger generation, said Swedish Ambassador to Malaysia, Dag Juhlin-Dannfelt.
Indonesia’s growing interest for investment in Cambodia
Indonesia is interested in investment opportunities in Cambodia in the agriculture, agro-industry, renewable energy, construction and real estate sectors.
Laos wind power project signs cross-border PPA
Vietnam Electricity (EVN) has agreed to buy power from 600 megawatts (MW) windfarm the Monsoon Wind Project in southern Laos.
Indonesia, Singapore discuss investment, green energy
Jakarta (ANTARA) – Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, on Tuesday said he met with Singapore Prime Minister Lee Hsien Loong and several ministers to discuss a number of issues, including investment and green energy.
Regulator maintains fuel tariff rate to assist with living costs
The Energy Regulatory Commission (ERC) has agreed to maintain the fuel tariff (Ft) rate at minus 0.1532 baht per kilowatt-hour (unit) despite a rise in fuel costs and lower electricity demand due to travel restrictions.
Vietnamese bank secures IFC loan for SMEs and climate projects
The International Finance Corporation (IFC) is providing a US$100 million long-term loan to Orient Commercial Joint Stock Bank (OCB) of Vietnam to help expand lending to small and medium enterprises (SMEs) and boost financing, especially for climate-friendly projects in the country. This is designed to facilitate greater private sector contribution to a green and sustainable […]
Norway to create USD-1.14bn renewables fund for developing nations
Norfund announced on Wednesday that it will administer Norway’s new Climate Investment Fund, which will spend NOK 10 billion (USD 1.14bn/EUR 963m) over five years on renewable energy in developing countries.
