Financing a ‘green’ economic reboot, recovery from pandemic
Washington-based International Finance Corp. (IFC) of the World Bank Group has introduced financing support for Philippine banks that will lend to climate adaptation and mitigation projects amid a push for “green” recovery from the COVID-19 pandemic to generate trillions of dollars in fresh investments. Read more: https://business.inquirer.net/317370/financing-a-green-economic-reboot-recovery-from-pandemic#ixzz6nSyc4ITD Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
EDC issuing Php15B in green bonds
The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects.
Petron Bataan Refinery may get tax break from CREATE bill
Petron Corporation may be getting its desired sigh of relief for its refinery in Limay, Bataan as the Congress-approved Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill would exempt petroleum refineries from taxes on crude oil imports.
PH urged to be wary of China’s intention on oil exploration after passage of Coast Guard law
Metro Manila (CNN Philippines, February 10)— The Philippines should be wary of China’s intention regarding the countries’ joint oil and gas exploration deal in the West Philippine Sea, a former Supreme Court justice said Wednesday amid issues surrounding Beijing’s new Coast Guard law.
Singapore’s Green Plan offers new jobs and economic growth
SINGAPORE – Jurong Island will be a sustainable energy and chemicals park by 2030 as part of Singapore’s push to make industrial production processes and energy usage greener and to improve energy efficiency.
SINGAPORE – Jurong Island will be a sustainable energy and chemicals park by 2030 as part of Singapore’s push to make industrial production processes and energy usage greener and to improve energy efficiency.
SINGAPORE – Life in Singapore looks set to be much greener by 2030, with new sustainability initiatives to change the way people work, study and play.
Chinese energy firms set to benefit from Myanmar turmoil
There is a high risk that political turmoil in Myanmar will negatively affect the energy sector, however, Chinese companies look set to benefit from the tumultuous environment, according to Fitch Solutions Country Risk & Industry Research.
Meralco power bills to fall slightly in February
MANILA, Philippines — Consumers and businesses in areas served by Manila Electric Co. (Meralco) will see slightly lower power bills in February on the back of cheaper supply.
