China’s car maker BYD [1211:HK] is planning to launch three new models of electric vehicles (EVs) in 2023 in Japan, as reported by Nikkei Asia on September 13. In January 2023, BYD will sequentially release the midsize sport utility vehicle Atto 3, the hatchback compact...
South Korea’s Personal Information Protection Commission (PIPC) decided to impose a total fine of KRW100bn (USD72m) on Google [GOOG:US] and Meta [META:US] for collecting personal information without users' consent and using it to distribute personalized advertisements online, as reported by the Korea Herald on September...
The Indonesian Parliament will pass the long-stalled Personal Data Protection (PDP) Bill this week, as reported by Strait Times on September 13. According to the bill, data operators could face up to five years in prison and a maximum penalty of IDR5bn (USD334,400) for leaking...
Japanese automaker Honda Motor [7267:JP] announced a plan to release more than ten electric motorcycle models globally over the next three years, as reported by Reuters on September 13. The company has set a goal to achieve carbon neutrality for all its motorcycles by the...
Singapore Exchange (SGX) [SGX:SP] is mulling changes to its corporate disclosure rules, including requiring companies to disclose exactly how much their directors and chief executive officers (CEOs) earn, as reported by Bloomberg on September 13. Singapore Exchange Regulation (SGX RegCo), the regulatory department of the...
Toyota Tsusho [8015:JP], a Japanese trading business, will build a wind power plant with a capacity of 540 megawatts (MW) in Hokkaido next year to transport renewable energy to Tokyo, as reported by Nikkei Asia on September 13. The new facility is expected to double...
Chinese top electric vehicle (EV) maker BYD [002594:CH] signed a contract with Thai industrial estate developer WHA Group [WHA:TB] to build a factory for new energy passenger cars in an industrial park run by the developer, as reported by Reuters on September 8. This is...
Thailand will introduce a carbon tax to match the global trend, as reported by Bangkok Post on September 12. According to Thailand’s Excise Department director-general Ekniti Nitithanprapas, as the European Union (EU) countries plan to impose a carbon border tax on some carbon-intensive imports from...
The Indian government revealed in the draft National Electricity Plan that the country will need another 28 gigawatts (GW) of coal-fired power capacity by FY32 in addition to the 25 GW already under construction, as reported by Economic Times on September 12. The need for...
Singapore is considering setting a new deadline for reaching net-zero greenhouse gas emissions in 2050, revamping its previous target of achieving net-zero emissions by or around mid-century, as reported by Strait Times on September 6. Singapore’s National Climate Change Secretariat (NCCS) revealed that the country...
The Indian government has extended by two years a deadline for coal-based thermal power plants (TPPs) to install equipment to reduce sulfur emissions, marking the third time that India gives an extension to TPPs on sulfur emissions restrictions, as reported by Reuters on September 6....
Mizuho Financial Group (MHFG) [8411:JP], the controller of Japanese megabank Mizuho Bank, has issued a EUD800m (USD796.2m) green bond to finance environmental-friendly projects, as reported by ESG Today on September 5. This represents the largest euro-denominated green bond issued by a Japanese financial institute. This...
China’s top legislature, the Standing Committee of the National People's Congress, passed the revised Law on Quality and Safety of Agricultural Products, as reported by Caixin on September 4. According to the revised law effective from January 1, 2023, government departments in charge of rural...
Spanish utility Iberdrola SA [IBE:SM] has pledged to invest EUD2bn to 3bn (USD1.98bn to 2.97bn) in the coming years to expand its renewable energy deployment in Australia, as reported by PV Tech on September 6. At present, in Australia, the utility has two gigawatts (GW)...
SK Ecoplant, the green business unit of SK Group [210980:KS], signed a stock purchase agreement to inject USD50m into US-based lithium-ion battery recycling firm Ascend Elements, as reported by Korea Economic Daily on September 1. Ascend Elements has effective technologies to extract rare metals individually...
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