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The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4.2%. Prime Minister Hun Manet, in the recently published medium-term fiscal framework for 2027-2029, cited a…
In the first half of the fiscal year, Metcash released a diverse range of results as the firm navigated a challenging trading period. The group’s revenue for the six months concluding on October 31 saw a slight increase of 0.1%, amounting to $8.5 billion.…
In 2024, Singapore’s annual average temperature was 28.4 degrees Celsius, making it the warmest year on record, tied with 2019 and 2016, according to the Singaporean National Environment Agency. According to the agency’s annually report released on March 23,…
Activists said the bank has invested some $80 billion in fossil fuels since the Paris Agreement in 2015. Activists from the Extinction Rebellion group hit HSBC’s London headquarters in Canary Wharf in an Earth Day protest on Thursday, shattering 19 windows.…
Banks, insurers and asset managers in New Zealand must make climate change-related disclosures for their businesses as New Zealand becomes a first-mover in green finance laws. All banks with total assets of more than NZ$1 billion ($703 million), insurers with…
Global retail giant Amazon has pledged US$2 billion for a new Climate Pledge Fund to foster sustainable technologies and services that will enable it to achieve net-zero carbon by 2040. The US-headquartered company says it will “back visionary companies whose…
Countdown will begin selling recyclable paper bags at checkout, as the government ban on the sale and distribution of single-use plastic bags takes effect on July 1st. The paper bags will cost 20 cents each, and be made of Forestry Stewardship Council (FSC)…
Victoria is bidding adieu to lightweight, single-use plastic shopping bags with a ban to be introduced state-wide in November. The state government introduced new legislation to parliament on Wednesday to ban bags at retail outlets including supermarkets,…
Adidas has spent the last four years curbing ocean pollution by recycling plastic beach waste into shoes – and because their customers have been so eager for the product, the company is kicking it up a notch. Adidas produced more than five million pairs of…
Though Indonesia has one of the world’s fastest-growing economies, its electrical grid is faltering, with blackouts common and many factories and homes relying on expensive diesel-powered generators as backup. In 2011, Indonesian coal mining magnate Samin Tan…
