Jakarta. Sustainable finance, aka financial services that pay special attention to their  environmental, social and good governance aspects, can reduce gaps in infrastructure financing—a constraint that has held back long-term growth in Southeast Asia, top executives at London-based lender HSBC said. In its Group Public Affairs Policy note distributed at the 23rd Asean Finance Ministers […]

Jakarta. Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups, according to Australian Prime Minister Anthony Albanese when hosting President Joko “Jokowi” Widodo in Sydney.

YANGON — If there is one thing Myanmar needs, it is infrastructure. Now, Yoma Group, one of the country’s biggest conglomerates, is looking to build it with a partner that knows a thing or two about power grids and water supplies — the Philippines’ Ayala. Yoma and Ayala have many overlapping businesses, from property and […]

AYALA-LED AC Energy, Inc. has advanced by a year its plan to build new energy capacity in the Philippines as it expects energy supply and demand in the country to reach equilibrium by 2021, or earlier than its previous forecast of 2022. “There will be equilibrium in 2021, one year earlier than what we originally […]

B Grimm Power Plc has set aside more than Bt38.5 billion for investment in its power projects with the aim of achieving 5,000 megawatts by 2022, the company’s chief executive officer Preeyanart Soontornwata said after opening its largest solar farm electricity plant in Tay Ninh, Vietnam in last week. “We will focus on green energy […]

For the second year in a row, some of the planet’s most toxic smog has choked Bangkok. The Thai capital’s air turned grey and thick in recent days, particularly during mornings, as seasonal weather changes prevented pollutants such as exhaust fumes and factory smoke from dissipating. Periodically, the air was worse than in more infamously […]

The Japan Bank for International Cooperation (JBIC) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) signed a $200-million loan agreement two months ago in a cooperative effort to finance green energy projects in Vietnam, contributing to Vietcombank’s green growth and environmental protection plan. Green credit as a global trend has played […]

BCPG’s solar roof system is scheduled to be installed at SC Asset’s residential projects in the fourth quarter. BCPG, the renewable power arm of Bangchak Corporation, has completed an agreement with property developer SC Asset to design, install and manage a solar roof system with blockchain technology for local residential projects. BCPG plans to launch […]

[SINGAPORE] Shareholders of global oil giants will be “drowned” in cash from dividends and buybacks for the next 20 years as the firms shift their capital structure to finance renewable projects, according to Rystad Energy, an energy research company. Majors such as Exxon Mobil Corp and Chevron Corp have traditionally had to hoard cash as […]

20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology. It’s a common misconception to conflate blockchain with cryptocurrencies like Bitcoin, Ethereum and Litecoin. […]