Large scale solar sector a key area in OCBC Malaysia’s sustainable financing
UNDOUBTEDLY, sustainable financing, particularly in the area of renewable energy, has been gaining ground in Malaysia of late as the country looks to increase its renewable energy mix to 20% by 2025 from 2% last year.
Asian Infrastructure Investment Bank commits US$100 million to ADM Capital’s latest renewable debt fund
Hong Kong-based private credit manager ADM Capital said it is raising a US$500 million debt fund focused on financing Southeast Asian renewable energy projects after bagging a commitment from Beijing-based Asian Infrastructure Investment Bank (AIIB) for US$100 million.
CNTIC V-POWER ENERGY (MOTHER VESSEL) arrived at Thilawa Port for power supply project
The ship, CNTIC V-POWER ENERGY (MOTHER VESSEL), docked at the no-14 Dolphin jetty in Yangon Thilawa port on the morning of November 26. It is the very first and very large vessel arrived at the Yangon Port.
Ditch Vietnam coal-fired plant, investors tell Mitsubishi and banks
TOKYO — A group of mostly European asset managers have urged trading house Mitsubishi Corp. and seven other Japanese companies to withdraw from a coal-fired power plant in Vietnam, which they say is inconsistent with the goals and timelines of the Paris Agreement on climate change.
Dyson to invest billions in Singapore and the Philippines, boosting research in robotics, next-gen motor technology
Dyson, the global tech firm best known for its vacuum cleaners and hand dryers, on Friday pledged to invest GBP 2.75 billion (USD 3.67 billion) in Singapore, the Philippines, and its home country UK through 2025. Although Dyson did not reveal an exact breakdown of the investment, it plans to build a manufacturing hub and expand its […]
Going green will mean $1.35 trillion in opportunities for Asean economies: Report
SINGAPORE – Going green could bring up to US$1 trillion (S$1.35 trillion) in annual economic benefits to South-east Asian economies by 2030, a report by global management consulting firm Bain and Company said on Thursday (Nov 26).
Top Asia Bank UOB Announces Sustainable Smart City Financing
Singapore offers bank loans, grants to buffer green expenses
The island-state’s central bank has introduced a sustainability-linked scheme to help companies defray expenses when engaging with service providers to validate the green credentials of a loan.
