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Sunday, 09 May 21
MAYBANK TO STOP COAL FINANCING - BERNAMA
Malayan Banking Bhd (Maybank) will stop financing new coal activities as part of its sustainable agenda.
Currently, coal financing makes up 0.2% of the bank’s total portfolio.
Group president and chief executive officer Datuk Abdul Farid Alias said the bank aims to transition together with its borrowers to achieve sustainable renewable energy mix in the medium and long term.
“There’s no new coal financing going forward for Maybank,” he told reporters after the bank’s 61th annual general meeting here today.
He said No Deforestation, No New Peat, and No Exploitation (NDPE) stance was approved by the board in January 2020, which applies to all relevant sectors including but not limited to palm oil, forestry, logging, construction and real estate.
Abdul Farid said Maybank has also launched its next five-year business strategy (2021–2025), known as M25, that focuses on three outcomes — attaining sustainable return on equity, achieving top-rated customer experience through digital and hybrid services and becoming a regional leader in environmental, social and corporate governance.
He said by end-2025, the group aims to achieve a return-on-equity of 13 to 15% , cost-to-income ratio of less than 45%, earnings per share of more than 100 sen per share and dividend payout ratio of between 40 to 60%.
Source: Bernama
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Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Thursday, 27 May 21
CHINA POWER DEMAND EXCEEDS PRE-COVID-19 LEVELS; THERMAL OUTPUT STRONG - FITCH RATINGS
Rising Consumption: Total power consumption rose by 21.2% yoy to 1,921.9GWh in 1Q21 due to the fast recovery of China’s economy, after a drop ...
Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from the ...
Wednesday, 26 May 21
THE INDONESIA COAL PRICE REFERENCE FOR MAY 2021 SETTLES AT US$ 89.74 PER TON
COALspot.com: The Indonesia coal price reference for May 2021 settles at US$ 89.74 per ton FOB vessel.
The Indonesia coal pric ...
Wednesday, 26 May 21
MARKET INSIGHT - INTERMODAL
Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of un ...
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- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Bhatia International Limited - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- The University of Queensland
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
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