Solar Philippines Biga Corporation is planning to build a 2 gigawatts (GW) solar plant, combining with 6GW battery energy storage system and 600 megawatts (MW) diesel backup in Nasugbu, Batangas, 115 kilometres south west of Metro Manila, Philippines.
Hong Kong government to issue $175.5bn green bonds in next five years
The Hong Kong government will issue green bonds worth $175.5 billion in the next five years, according to financial secretary Paul Chan of the government of Hong Kong Special Administrative Region of China (HKSAR).
Philippines set to roll out Sinovac Covid-19 jabs, but some businesses can’t wait
The Philippines will receive its first batch of Covid-19 vaccines this weekend from China’s Sinovac Biotech, allowing it to start its inoculation programme next week and lifting hopes for an economic revival after lengthy lockdowns that have fuelled job losses and substantially cut consumer spending.Harry Roque, spokesman for President Rodrigo Duterte, said 600,000 doses of the Sinovac vaccine would arrive on Sunday out of the 25 million doses that have been ordered, while 10,000 doses of a…
Japan could fire at foreign official vessels aiming to enter waters near Senkakus
The Japan Coast Guard could directly fire a weapon against foreign official vessels aiming to land on the Senkaku Islands in the East China Sea, ruling party members said on Thursday, citing government officials.The government officials told a panel of the Liberal Democratic Party they have confirmed their interpretation of existing laws. China implemented a new law earlier this month that allows its coastguard to use weapons against foreign ships that Beijing sees as illegally entering its…
Is Sinovac’s early shipment to Singapore ‘unusual’ or just part of China’s vaccine diplomacy?
When the Pfizer-BioNTech coronavirus vaccines arrived in Singapore in December, the moment was cheered by residents and politicians alike. Transport Minister Ong Ye Kung received the shipment with much fanfare and oversaw its delivery to a cold-chain warehouse, while Prime Minister Lee Hsien Loong called the arrival of the vaccines a “welcome present that we’ve all been looking forward to”. It was a similar story two months later, when the city state received its first batch of Moderna shots…
Complying with directors’ remuneration report disclosures
UK-registered quoted companies need to make a number of new disclosures in their directors’ remuneration report for financial years ending 31 December 2020 onwards.
Russian fugitive on the run for two weeks after fleeing deportation arrested in Bali
A Russian fugitive whose dramatic sprint out of an Indonesian immigration office was captured on CCTV has been caught again after two weeks on the run, authorities said on Wednesday.Andrey Kovalenko fled the office on Indonesia’s resort island of Bali to avoid deportation, with the surveillance footage showing him keeping pace on foot with a motorcycle as he escaped.Authorities fanned out across the island in the hunt for Kovalenko, who was arrested early Wednesday at a villa in tourist hub…
Coronavirus vaccine roll-out in Philippines gets boost with law to give drug companies immunity from lawsuits
The Philippine Congress has given its approval to a new law that is expected to speed up the roll-out of coronavirus vaccines in the Philippines by protecting the drug companies that make them from most lawsuits.The Covid-19 Vaccination Programme Act was passed by both the Senate, in a 22-0 vote, and the House of Representatives on Tuesday and is now expected to be signed into force by President Rodrigo Duterte.The development follows the news last week that deliveries of 117,000 vaccine doses…
Privacy ruling a reminder to businesses over digital marketing practices
A Brexit lobby group and an insurance provider breached UK regulations when they sent marketing content within newsletters to individuals who had not consented to receiving that material, a UK appeals tribunal has confirmed.
Singapore’s central bank says no ‘significant funds’ from Myanmar firms, citizens in city state
Singapore’s central bank on Tuesday said regular surveillance of the country’s US$2 trillion banking system showed Myanmar companies and citizens did not have “significant funds” in the city state.The announcement came as the government – under fire for its links to Myanmar’s military – attracted renewed pressure over foreign reserves purportedly deposited in the island nation.In a statement issued “in response to media queries”, the Monetary Authority of Singapore (MAS) also said that it…