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IFC invests 30 million USD in waste-to-energy plant in Vietnam

The International Finance Corporation (IFC) has committed 30 million USD to the construction of a waste-to-energy plant in the northern province of Bac Ninh as part of support for Vietnam to help it reach net-zero carbon emissions by 2050.

Minister outlines schemes to bring investment in car batteries

Minister of Investment / Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia has pointed out several implemented strategies to attract investment in electric car batteries in Indonesia.

Supporting ESG: Pertamina to allocate nine percent of Capex for NRE

Indonesian energy company PT Pertamina (Persero) will allocate around nine percent of its total capital expenditure (Capex) for the 2020-2024 period for its entire new and renewable energy (NRE) initiatives.

Financial Support To Drive Energy Sustainability

While building owners and homeowners are ready to jump onboard energy efficiency projects to reduce energy consumption, there is often a lack of financing support and expertise to find the right energy service companies (ESCOs).

ConocoPhillips to exit Indonesia with $1.36bn asset sale

ConocoPhillips has signed an agreement to divest its interests in Indonesia to the local oil and gas company MedcoEnergi for $1.355bn, a move that will mark its exit from the country.

Sri Mulyani: Tobacco Tax Increase Hoped to Slash Cigarette Production

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati on Monday hoped the increased tobacco tax rates in 2022 will eventually reduce domestic cigarette production by three percent in 2022 to 310 billion cigarettes.

BDO keen on funding ETM projects

MANILA, Philippines — BDO Capital Investment Inc. is open to finance coal transition and nuclear energy developments as the country shifts to cleaner power sources, its top official said.

UNDP pledges fund raising for energy projects in Cambodia

The United Nations Development Programme (UNDP) in Cambodia has pledged to seek assistance from other development partners for the development of Cambodia’s energy sector, focusing particularly on energy efficiency projects and the fight against climate change.

Singapore’s UOB Asset Management launches first ETF in more than 10 years

Singapore’s UOB Asset Management has listed its first exchange traded fund in over a decade with the launch of a green-themed real estate investment trust product. The UOB Apac Green Reit ETF claims to be the first in the world to provide investors with access to sustainable property investments in the Asia-Pacific region.