Affin Islamic wins Sustainable Energy Financing award
AFFIN Islamic Bank Bhd was awarded with a Sustainable Energy Financing award at the National Energy Awards 2020 (NEA 2020), under the Special Awards category.
Allianz, Cenergi to team up in promoting solar energy
KUALA LUMPUR: Allianz General Insurance Company (Malaysia) Bhd plans to provide protection for solar photovoltaic (PV) systems in a partnership with renewable energy project specialist Cenergi SEA Sdn Bhd. Allianz Malaysia Bhd said its general insurance arm had on Monday (Feb 3) inked a memorandum of understanding (MoU) with Cenergi and Sterling Insurance Brokers Sdn Bhd, […]
AMBD plans to expand domestic sukuk market
BANDAR SERI BEGAWAN — Autoriti Monetari Brunei Darussalam (AMBD) plans to expand the domestic sukuk programme to further diversify investment opportunities, the central bank’s managing director said on Wednesday.
Another hefty oil price hike set this week
MANILA, Philippines — For the seventh straight week, oil firms are raising gasoline prices, this time by P1.30 per liter, diesel prices by P1.50 per liter and kerosene prices by P1.45 per liter.
Another oil price hike set for January 22
MANILA, Philippines – Oil companies will implement another fuel price hike on Tuesday, January 22, marking the 3rd straight week of increases. Caltex, Shell, Flying V, Phoenix Petroleum, Total, Petro Gazz, Seaoil, and PTT Philippines announced that they will be imposing a P0.10 per liter increase on gasoline and a P0.40 per liter hike on […]
Aramco IPO: It’s a Thanks, but No Thanks From Malaysia’s Petronas
KUALA LUMPUR/LONDON — With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday. Expectations that Aramco customers and allies around the world would take significant stakes in the company have so far not materialized, with the listing […]
Are Thailand’s investments abroad sustainable?
Although Prime Minister Prayut Chan-o-cha announced Thailand’s commitment to the United Nations Guiding Principles on Business and Human Rights (UNGPs) in 2017, outbound investment remains a largely unregulated sector. Thai firms are significant investors in ASEAN countries, and Thailand’s foreign direct investment (FDI) in the region stood at US$2.37 billion in 2017 – behind only […]
Asean green bond issuance doubles to US$7.8b in 2019
THE volume of green bonds and loans issued in Asean almost doubled between 2018 and 2019, in tandem with global trends, according to a report by Climate Bonds Initiative (CBI) on Thursday.
ASEAN investors pushing for sustainability
Sustainable investing is going mainstream in ASEAN with more than half of the private equity deals in the region now backing business models that contribute to environmental and social progress. Sustainable investing – also known as responsible investing or impact investing – is catching on globally as companies increasingly realise that they do not have […]