ADB, GreenYellow Sign Deal

ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

HO CHI MINH CITY, VIET NAM (11 September 2023) — The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam Co., Ltd. (GreenYellow), have signed a loan agreement of up to $13.8 million for rooftop photovoltaic (PV) solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Viet Nam.  The loan will support the development and operation … Continue reading ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

PUBLISHED ON 11 SEPTEMBER 2023 In Presence Prime Minister of Bangladesh, Sheikh Hasina and of French President Emmanuel Macron, representatives of the Ministry of Finance signed a credit facility agreement with Agence Française de Développement (AFD) today. The Credit Facility Agreement of €184M was inked to support urban governance and Infrastructure improvement in Bangladesh. This concessional loan will help the Urban Governance and Infrastructure Improvement or … Continue reading FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

ASIA BOND MONITOR

Higher Rates Remain a Risk for Emerging East Asia Borrowers

MANILA, PHILIPPINES (11 September 2023) — Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank (ADB). Softening inflation in the past several months has allowed most central banks in the region to hold off on further interest rate hikes, and some have … Continue reading Higher Rates Remain a Risk for Emerging East Asia Borrowers

AMP co-founders

AMP Raises US$18.5m (AUD$28.5m) Series A to Expand eCommerce Platform

September 11, 2023 10:01 AM Eastern Daylight Time SYDNEY–(BUSINESS WIRE)–eCommerce platform AMP today announces it has raised US$18.5m / AUD$28.5million in a series A funding round which included participation from Jungle Ventures and Openspace Ventures, both based in Singapore. The round enables the company to further expand its interconnected, end-to-end platform for eCommerce merchants. “Openspace is excited to support AMP on its journey to become … Continue reading AMP Raises US$18.5m (AUD$28.5m) Series A to Expand eCommerce Platform

Bloom Energy Installs First Fuel Cells in Taiwan

First step in 10 MW Unimicron fuel cell contract commissioned 6 months from order August 17, 2023 09:00 AM Eastern Daylight Time SAN JOSE, Calif.–(BUSINESS WIRE)–Bloom Energy (NYSE: BE) has installed the first phase of a 10 megawatt (MW) solid oxide fuel cell contract with Unimicron Technology Corp., a chip substrate and printed circuit board maker (PCB) in Taiwan. The space-saving Energy Server™ installation was … Continue reading Bloom Energy Installs First Fuel Cells in Taiwan

India: 3 Ways the Mobile School is Making a Difference

18 July 2023| Global, NGO In India, ADRA Austria launched an innovative project to provide education to underprivileged children. It’s reported that 21 percent of children in India live in extreme poverty. In order to survive, children are forced into child labor and at times can earn the same amount as an adult to help support their families. Younger children who are unable to work, … Continue reading India: 3 Ways the Mobile School is Making a Difference

The United States’ stake in free and fair elections in Bangladesh

For the U.S., not only democracy is at risk in the upcoming national elections June 11, 2023, ASIA – By Joseph Rozen As the great-power competition between the U.S. and China intensifies, pressure on other countries to choose sides is mounting, creating a divide between the democratic and autocratic camps. At the core of this competition lies one key question: who will have more influence in … Continue reading The United States’ stake in free and fair elections in Bangladesh