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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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Saturday, 08 May 21
THE COAL-TO-RENEWABLES TRANSITION TAKES OFF - IEEFA
Pre-Biden changes underscore coming 10-year wave of coal plant retirements
The traditional S-curve growth exhibited by disruptive te ...
Friday, 07 May 21
CHINA'S TOTAL COAL IMPORTS FOR 2020 REACHED A VOLUME OF 304 MILLION TONS - ASSOCARBONI
Our benchmarks, manufacturing Countries like China, Germany, Japan, India, South Korea and Taiwan will continue to use a mix of coal and nuclear to ...
Friday, 07 May 21
SEABORNE WORLD COAL TRADE CLOSED 2020 IN NEGATIVE - ASSOCARBONI
Coal confirmed its leadership as leading fuel for electricity generation also in 2020, accounting for 38% of overall production. For the first time ...
Friday, 07 May 21
INDONESIA'S THERMAL COAL EXPORTS IN 2020 DECREASED BY 13%; INDIA REMAINED THE TOP DESTINATION FOR INDONESIAN COAL - ASSOCARBONI
An increase in seaborne trade is forecast for 2022, driven by markets in Southeast Asia, where growing demand for coal from Bangladesh, the Philipp ...
Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
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- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Australian Coal Association
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
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