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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, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...
Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.
The Indonesia coal pr ...
Monday, 12 April 21
CHINA'S ECONOMIC RECOVERY PUSHES COAL MINES TO INCREASE YIELD - GLOBAL TIMES
China’s fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising ...
Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions obse ...
Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
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- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
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- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
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- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- India Bulls Power Limited - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
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- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
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- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
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