Asia and the Pacific

Asia and the Pacific

BAY Looks to Green Bonds for Fundraising

Bank of Ayudhya (BAY) is focused on issuing environmental, social and governance (ESG) bonds next year as a means to comply with the Bank...

RAM Sustainability Assigns Highest Rating to Halpro under Asean Green SRI...

RAM Sustainability Sdn Bhd has assigned a Tier-1 Environmental Benefit (Tier-1 EB) rating to Halpro Engineering Sdn Bhd’s (Halpro) solar plant under its proposed...

Malaysia Remains Key Source of Islamic Debt Papers

Malaysia remains the main issuer of Islamic debt papers or sukuk this year besides countries from the Gulf Cooperation Council (GCC) region. Fitch Ratings Inc...

Three Thai Firms Seek Green Bond Nod

Three companies are in the process of seeking Securities and Exchange Commission (SEC) approval to issue green bonds as part of the environmental, social...

MARC Downgrades MEX II Sdn Bhd’s RM1.3b Sukuk

Malaysian Rating Corp Bhd (MARC) has downgraded MEX II Sdn Bhd’s RM1.3 billion sukuk and RM150 million junior bonds from AA-IS and A- to...

Asian Development Bank Invests in Green Bond in Thailand

The Asian Development Bank (ADB) has announced that it will invest $98.7m (THB3bn) in the first-ever green bond issuance for Thai company Energy Absolute....