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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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Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...
Wednesday, 12 May 21
MARKET INSIGHT - INTERMODAL
Tanker S&P is finally back!
For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sect ...
Monday, 10 May 21
PAKISTAN: COAL GASIFICATION AND LIQUEFACTION HARMFUL TO ECONOMY - IEEFA
There is no second life for coal
Pakistan’s intention to use coal for power production through gasification and liquefaction technologie ...
Sunday, 09 May 21
HERE'S WHY INVESTORS ARE POURING MONEY INTO COAL, DESPITE ITS BLEAK FUTURE - FORBES
Coal stocks have surged this year – along with the wider energy sector – but experts warn these are likely short-term gains for an indu ...
Saturday, 08 May 21
LNG-TO-POWER INVESTORS IN THE PHILIPPINES RISK EXPOSURE TO $14 BILLION IN STRANDED ASSETS - IEEFA
High regulatory and financial uncertainty in the Philippines market
The race to develop liquified natural gas (LNG) facilities in th ...
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- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- The University of Queensland
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Ministry of Mines - Canada
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