Singapore

Armstrong Asset Management and IFC funding Thai solar plant
May 16, 2013
Singapore-based Armstrong Asset Management has received a fourth commitment of a USD20 million investment for its Armstrong South East Asia Clean Energy Fund from the International Finance Corporation (IFC), to add to its first close of USD65 million. The fund, a newly established, independent private-equity vehicle providing development capital to small-scale renewable energy and resource efficiency projects in Southeast Asia, is targeting a final close of USD150 million by August 2013.
Two Singapore universities top the world in water research while a set of geographically widespread players are specialized in key subsets of the water space as water efficiency attains global priority.
KPMG’s Global Energy Institute for the Asia-Pacific region has been officially launched at the inaugural KPMG Global Energy Conference – Asia Pacific in Singapore. The conference brought together regional business leaders in the energy sector, along with members of government and academia to deliver insights on emerging energy trends, challenges and strategies in the sector.
New mandatory energy management requirements for large energy users in Singapore will come into effect Monday, April 29, the city-state’s National Environment Agency announced this week.
A new global forum aimed at intensifying the dialogue on the deteriorating conditions in the North Pole could include the likes of China, India and Singapore among its member countries.
HK should learn from Singapore
April 10, 2013
Singapore and Hong Kong are traditional rivals but they also share many similarities. Both are former British colonies, have limited natural resources and are economic powerhouses. Both are also dependent on others for water resources. Singapore sources about 40 percent of its water from Malaysia, while Hong Kong purchases 70-80 percent of its raw water from Guangdong. Despite this similarity, the attitudes of Singapore and Hong Kong towards water security are drastically different.  Singapore is highly pro-active in reducing its water dependency and securing its supply, while Hong Kong appears unbothered that its water security depends on an increasingly threatened source.
The Centre for Climate Research Singapore (CCRS), the first institution dedicated to tropical climate and weather of Singapore and the wider Southeast Asia region, has been officially opened.
Singapore will enforce Euro V emission standards from January 1, 2014 on new diesel vehicles, according to Vivian Balakrishnan, the environment and water resources minister.
China water treatment and recycling company United Envirotech has received another USD40 million in investment from KKR. The US private equity giant agreed to buy shares in the Singapore-listed firm at an 8.5 percent premium, giving it 20.6 percent of the company.
Read Full Story The EU and Singapore have negotiated a draft free trade agreement (FTA) that, for the first time, includes language aimed at promoting “green growth” which is part of the Union’s “2020 strategy” for boosting the economy and reducing unemployment.