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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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Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...
Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.
The index, released by Chi ...
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- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
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