CIF to lend USD500 million to the Philippines for renewable energy transition
The Government of the Philippines has secured USD500 million in investments from the Climate Investment Funds (CIF) to transition from coal to renewable energy.
Cambodia’s Investment Push in Europe Gets Positive Nod from Spain
Cambodia’s efforts to attract European investment received a boost after a successful visit by Deputy Prime Minister Sun Chanthol. During a “door-knocking mission” to Europe, DPM secured a positive response from Spain regarding potential investments in the Southeast Asian nation.
Delayed coal-fired power plant in southern Vietnam secures $980 mln loan from Eximbank Malaysia
Malaysia-based Toyo Ink Berhad and its wholly-owned Vietnam subsidiary, Song Hau 2 Power Company Ltd., have secured a $980 million loan from Eximbank Malaysia to develop a $3 billion coal-fired power plant in southern Vietnam.
Philippines’ PetroGreen Energy Secures Financing For Bohol Solar Project
In a significant development for renewable energy in the Philippines, PetroGreen Energy Corporation (PGEC), led by the Yuchengco group, has finalized a loan agreement with Rizal Commercial Banking Corporation (RCBC) to fund its ambitious Dagohoy Solar Power Project (DSPP) in Dagohoy, Bohol.
PM Anwar: Govt to develop policy framework to make Malaysia green investment hub
The government will develop a policy framework and targeted plans to make Malaysia a major regional green investment destination and hub, said Prime Minister Datuk Seri Anwar Ibrahim.