New Asian trade bloc could play key role in driving investment
A new trade bloc covering a huge swathe of the Asia-Pacific region will play an important role in developing poorer economies and in post-pandemic stimulus, according to a report published on Monday by the UN Conference on Trade and Development (UNCTAD).
Big time price hikes implemented by oil firms
Consumers’ pockets will be ripped off this week with the massive increases in pump prices at the scale of P1.50 to P1.55 per liter for diesel products; and P1.05 to P1.10 per liter for gasoline products.
Public Islamic Bank launches solar panel financing scheme
KUALA LUMPUR: Public Islamic Bank Bhd (PIBB) has taken green energy one step further with its solar panel financing for residential houses.
Sarawak Energy, Petronas plan green hydrogen venture
Singapore state fund invests P20 billion in AC Energy
MANILA, Philippines — An affiliate of Singapore state fund GIC Private Ltd. is looking to acquire a 17.5-percent stake in AC Energy Philippines Inc. (ACEN) through a deal valued at approximately P20 billion.
Vietnam to issue green bonds in 2021
HANOI (Vietnam News/ANN): The Ministry of Finance is working with ministries to issue green bonds next year, an official said.
Economists urge green policies, incentives toward sustainable economy
The government needs to issue fiscal measures such as cutting fossil fuel subsidies and providing renewable energy incentives to slow climate change and to ensure sustainable post-pandemic development of the economy, experts say.
ERC reworking electric base tariff
The Energy Regulatory Commission (ERC) is planning to revise the high base tariff rate for electricity bills and study ways to liberalise the power industry to allow energy firms to compete with Electricity Generating Authority of Thailand (Egat) to reduce power bills for households.
