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Search Result for “IFC”

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INVESTMENT

CPN issues sustainability-linked bonds worth B8bn

Published on 14/10/2024

» Central Pattana (CPN) has issued sustainability-linked bonds (SLBs) to support clean energy projects, aiming to become a net-zero greenhouse gas emissions organisation by 2050.

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GENERAL

World Bank to downgrade Thai growth estimate

Business, Nareerat Wiriyapong, Published on 07/03/2024

» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.

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THAILAND

Real estate exemplars succeed at the 18th PropertyGuru Asia Property Awards Grand Final

Published on 27/12/2023

» PropertyGuru Group (NYSE: PGRU) recently announced the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, and it was GuocoLand who won the biggest award of the year, Best Developer (Asia), for the third time in the history of the Awards. It marks one of five regional wins for Singapore developers with Frasers Property Singapore winning the Best Mixed Use Developer (Asia) award and UOL Group Limited and Pan Pacific Hotels Group winning the Best Hospitality Developer (Asia) award. UOL Group Limited also won the Best Sustainable Developer (Asia) award while EL Development Pte Ltd won the Best Hospitality Interior Design (Asia) award.

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THAILAND

Distinguished winners of the 18th PropertyGuru Thailand Property Awards announced

Published on 23/11/2023

» PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, have announced the Winners and Highly Commended recipients of the 18th PropertyGuru Thailand Property Awards, presented by Mitsubishi Elevator (Thailand) and supported by gold sponsor JLL.

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THAILAND

Indorama Ventures achieves 100 billion PET bottles recycling milestone

Published on 26/09/2023

» Indorama Ventures Public Company Limited, a global sustainable chemical company, announced on September 25 that it has recycled 100 billion post-consumer PET bottles since February 2011. This has diverted 2.1 million tons of waste from the environment and saved 2.9 million tons of carbon footprint from the product lifecycles. Demonstrating its commitment to support the establishment of a circular economy for PET, in the last ten years Indorama Ventures has spent more than $1 billion towards waste collection of used PET bottles.

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PROPERTY

When will Hong Kong property prices recover? Not any time soon

South China Morning Post, Published on 04/08/2023

» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.

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BUSINESS

Thai Credit banks $105m IFC loan

Business, Post Reporters, Published on 06/07/2023

» International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.

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BUSINESS

Siamese Asset targets green certification for all new projects

Business, Kanana Katharangsiporn, Published on 10/06/2023

» SET-listed developer Siamese Asset plans to apply for green certification for all of its new projects, hoping to qualify for a green loan from the World Bank Group's International Finance Corporation (IFC).

OPINION

World in crisis needs trade, aid

Oped, Published on 28/07/2022

» We are in the toughest period the world economy has faced since the creation of the multilateral system more than three-quarters of a century ago. A quadruple shock of Covid, climate change, conflict and cost-of-living has undone years of hard-fought development gains. As financial conditions tighten, even countries that had seemed on track to prosperity and stability now stare into the abyss of debt distress, fragility and uncertainty about the future.

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THAILAND

72 Award Recipients Champions ESG for a Sustainable World at The Asia Responsible Enterprise Awards 2022

Published on 22/07/2022

» The region’s leading NGO Enterprise Asia is pleased to confer the Asia Responsible Enterprise Awards (AREA) 2022 to 72 outstanding award recipients for championing ESG to build a resilient world and a sustainable future for all.