Asia and the Pacific

Asia and the Pacific

AC Energy Raises $410 Million from ‘Green Bonds’ to Fund Expansion

Ayala Corp's power unit said Friday it raised $410 million (P21.4 billion) from its first ever issue of "green bonds," as it pursues its...

Can Solar Diplomacy Green the Belt and Road?

China has pledged to fill the global infrastructure development gap with more than US$4 trillion in “sustainable” projects through its Belt and Road Initiative...

SC Slaps RM2.2m Fine on Deloitte over 1MDB Subsidiary’s Sukuk Issuance

The Securities Commission Malaysia (SC) has slapped a maximum fine to Deloitte PLT over infringements related to 1Malaysia Development Bhd (1MDB) subsidiary Bandar Malaysia...

Myanmar Garment Sector Eyes Green Finance with MoU

An EU-funded initiative aimed at promoting 'Made in Myanmar' apparel has inked a deal to help garment factories in the country access finance to...

Islamic Banking Software a Rapidly Growing Market

The global market for core Islamic banking software solutions for banks – notably, not including products from fintech startups – is a rapidly growing...

ECC Approves Islamic Sukuk Bond Worth Rs 200bn to Pay Off...

The Economic Coordination Committee (ECC) approved on Tuesday to launch Islamic Sukuk bond amounting to Rs 200 billion for payment of circular debt. Its...