Sustainability

Singapore and South Korea have signed a Green and Digital Shipping Corridor agreement aimed at supporting the maritime sector’s move toward lower-emission fuels and digitalised operations.

An AIIB led consortium has pledged USD 6 billion to finance green and tech enabled infrastructure across Southeast Asia.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

Under MAS' FAST-P initiative, the aim is to build eight solar facilities and generate enough electricity to save 630,000 tonnes of CO2 emissions.

The $110m facility for the Singapore PE firm is aimed at providing finance to firms who can provide sustainable performance targets, in addition to agriculture, healthcare, education and financial services.

China's State Power Group is aiming to use the revolving loan to increase clean energy supply capacity to countries and regions across the Belt and Road initiative.

Maybank (Cambodia) and Bank of China supplied the syndicated loan with a 50:50 split; there is increasing demand for renewable electricity in Cambodia and across Asean.

This marks the fourth bond issuance from the state-owned power giant in 2025, funding an offshore wind power project in eastern China’s Shandong province. The firm’s current and quick ratios have been declining.

The transport giant, which is building several ‘mega projects’, also signed a HK$780m revolving facility with Korea Development Bank.

The strongest storm of the year is causing widespread disruption to businesses, tourists and residents in Hong Kong, Macau, the Philippines, Taiwan, mainland China and Vietnam. Cathay Pacific is cancelling flights from Hong Kong airport from 6pm, September 23 to 6am, September 25.

The funding for Green Investments Partnership was raised via FAST-P from a range of global investors; it will be invested in renewable energy, EV infrastructure, transport, water and waste management, for Southeast Asia’s energy transition; some of the projects are perceived as more risky.

Toll Group’s executive chairman Thomas Knudsen told CT about the freight firm's plans to step up investment in Asia, where shifting trade corridors, rising middle-class consumption, and a push toward decarbonisation are rewriting the rules of logistics.