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There is a global shift towards sustainable investing where businesses are being urged to deploy effective practices, which essentially incorporate the environmental and social criteria into investment decisions.
SINGAPORE: Singapore will invest US$2bil (RM8.3bil) in funds that have a strong green focus as part of its ambition to be a leading centre of green finance in Asia and globally.
KUALA LUMPUR: OCBC Al-Amin Bank Bhd, the Islamic banking arm of OCBC Bank (M) Bhd, is taking its commitment to sustainability and value-based intermediation (VBI) to a new level through green financing.
SHAH ALAM: Khazanah Nasional Bhd’s wholly-owned subsidiary Cenergi SEA Sdn Bhd has secured RM100mil to build about nine biogas plants across Peninsular Malaysia.
KUALA LUMPUR: Malaysia needs investments totalling RM33 billion in order to achieve its target of 20 per cent electricity generation from renewable energy (RE) sources by 2025, said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
KUALA LUMPUR: The United Kingdom is open to collaboration with Khazanah Nasional Bhd in the development of Malaysia’s new national car project to help the country realise its carbon emission goal.
KUALA LUMPUR: Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in Asean, wants to be the bridge for the Islamic banking sector between the Gulf Cooperation Council (GCC) and the region after its Dubai branch starts its operation by June this year.
KUALA LUMPUR: The Securities Commission Malaysia (SC) is cautiously optimistic over a possible increase in sukuk issuances this year.
KUALA LUMPUR: As part of initiatives to develop Malaysia’s value proposition as an Asian centre for Sustainable and Responsible Investment (SRI) and green financing by virtue of its leadership position in Islamic finance, Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), hosted the Sustainable Capitalism in South East Asia Forum in London recently.
Business news in brief.