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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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- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
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