Resilient and sustainable infrastructure is also about reducing inequality: Indranee Rajah

SINGAPORE - Cities need to build infrastructure not only to withstand climate change and pandemics, but also to reduce inequality and strengthen society's resilience, said Minister in the Prime Minister's Office Indranee Rajah. This is because it is the more vulnerable who often bear the brunt of disruptions and shocks, she said. Infrastructure investments are also critical to providing basic needs, and are a key driver of economic recovery and long-term growth. She was speaking at the World Cities Summit on Monday (June 21) on the topic, "Investing in a sustainable and equitable recovery". The biennial summit, held virtually this year because of Covid-19, brings together government leaders and industry to address urban challenges and share solutions. It ends on Wednesday. Ms Indranee, who is also Second Minister for Finance and National Development, said that around the world, those hardest hit by Covid-19 live in cramped conditions with inadequate sanitation, which worsened the spread of the virus. Urban infrastructure and systems such as public transport, healthcare, parks and recreational amenities, as well as digital and Internet access, are examples of basic infrastructure th...

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NEC and Kagome contribute to the sustainability of farming through enhancing the CropScope agricultural ICT platform

TOKYO, Jun 7, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) today announced the enhancement of CropScope, its agricultural ICT platform, which NEC has been operating jointly with Kagome Co, Ltd. since April 2020. New functions to improve farming have been added to the strengthened platform, and stable yields have already been achieved through verification in a variety of environments. As a result, NEC expects to expand the number of new contracts for the platform, and to contribute to the achievement of more sustainable farming by resolving challenging farming issues.CropScope consists of a service that uses sensors and satellite photographs to visualize the growth status of tomatoes and the condition of soils, as well as a service that provides farming advice using artificial intelligence (AI). The AI capitalizes on a wealth of know-how from experienced cultivators, enabling it to provide guidance on the optimum amount of water, fertilizer and the best time to apply them. This platform enables tomato producers, regardless of skill level, to stabilize their harvests and reduce cultivation costs, while implementing environmentally friendly farming.In addition...

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Ngern Tid Lor (SET: TIDLOR) debuts shares on SET

BANGKOK, May 10, 2021 - (ACN Newswire via SEAPRWire.com) - Ngern Tid Lor PCL (SET: TIDLOR) received a warm welcome from investors on the Stock Exchange of Thailand today closing 25% higher at THB 45.75 per share with a trading volume of more than THB 33 billion. TIDLOR became the largest IPO ever in the Thai Finance and Securities Sector, as well as one of the five largest IPOs ever in the history of the Thai equity market, with a total offering size of THB 38,089 million (including an overallotment option) and market capitalization at the IPO price of THB 84,643 million, demonstrating Ngern Tid Lor's strong fundamentals as the leading vehicle title loan-provider and top-3 retail-focused insurance broker, ensuring the Company' rapid growth. Driven by technological innovation and an omni-channel distribution platform, Ngern Tid Lor is ready to take its success in listing on the SET to another level by expanding its network of branches and boosting efficiency. The company plans to continue to invest in improving technological and digital platforms in order to maintain its leadership status and create sustainable growth opportunities. Stabilization activities will be in place for a pe...

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Engineers Worldwide Today are Building a Sustainable Tomorrow

PARIS, FRANCE, Mar 4, 2021 - (ACN Newswire via SEAPRWire.com) - Engineering has been an important profession, helping to tackle major issues such as poverty reduction, climate resilience, public health and sustainable development. "The foremost problem facing the world today is sustaining human development and preserving the planet. Whenever there is a problem, there is a need for engineering solutions," says Gong Ke, President of the World Federation of Engineering Organizations (WFEO). On 4th March 2021, the annual World Engineering Day (WED) will convene under the auspices of UNESCO. As the UNESCO Director-General, Ms. Audrey Azoulay explains, WED will "celebrate the achievements of engineers and their contributions to sustainability and a better quality of life for all." This year, WED welcomes the high patronage of Emmanuel Macron, President of France and coincides with the launch of the second UNESCO engineering report, "Engineering for Sustainable Development" with UNESCO's partners, the WFEO, the Chinese Academy of Engineering (CAE), Tsinghua University, and the International Centre of Engineering Education (ICEE), among many others. Representatives from over 10 different c...

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Indonesia’s Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs

Central Kalimantan, INDONESIA, Jan 19, 2021 - (ACN Newswire) - In September 2020, the Rimba Raya Biodiversity Reserve project obtained independent verification for contributing to the environment, biodiversity and Sustainable Development Goals (SDGs), and upholding the rules and procedures of the SD VISta (Sustainable Development Verified Impact Standard) Program.Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities. The initiatives introduced prevent deforestation and land-use change and encourage community development and economic growth."We are very proud of the verification results. This makes the Rimba Raya project become even more determined as a verifiable REDD+ conservation project with additional benefits for the environment and society, supporting people's lives and achieving an impact toward the 17 SDG goals," said Sylviana Andhella, Executive Director of Rimba Raya Conservation.In January 2020, an independent third-party assessment was carried out by AENOR at the Rimba Raya project in Central Kalimantan, Indonesia. Th...

“One Yangtze” Sustainable Development Forum encourages communication between capital market and environmental protection field through ESG investing

BEIJING, Dec 21, 2020 - (ACN Newswire) - Huatai Securities Co., Ltd. (601688.CH; 6886.HK; HTSC.LI; "Huatai Securities" or "The Company") sponsored the "One Yangtze" Sustainable Development Forum in Beijing, to encourage communication between the capital market and ecological environment protection field. Representatives from the Ministry of Ecology and Environment (MEE), National Forestry and Grassland Administration, Shanghai Stock Exchange, Peking University, Chinese Academy of Sciences, together with representatives from ecological environment organizations and the financial industry, jointly explored the ecological environment access in ESG investment to improve the application of data in order to promote sustainable development.In recent years, many investment projects have caused damages on the ecological environment and biodiversity. Although under the supervision of environmental protection departments, many of these projects resulted in forced suspensions due to strong opposition and backlash from civil organizations and mounting media scrutiny. These projects have caused not only significant economic losses to the financial industry, but have also severely impacted the re...

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Morning Briefing: Top stories from The Straits Times on Dec 5

Good morning! Here are our top stories to kick-start your Saturday, Dec 5. 6 heroes in fight to end Covid-19 pandemic named ST Asians of the Year The recipients of the award capture the entire trajectory of the response to the Covid-19 pandemic. READ MORE HERE Singapore’s first digital banks: What services can you expect How will Singaporeans benefit? Here's what you need to know about the new digital banks. READ MORE HERE Malaysia frets over foreign worker housing as Covid-19 infections surge Labour activists say the Top Glove dorms in Selangor linked to infection clusters are the tip of the iceberg. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Parti Liyani case: SCs Davinder, Jason Chan to represent two DPPs in disciplinary proceedings Lawyers Peter Low and Choo Zheng Xi are representing Parti Liyani in the disciplinary proceedings. READ MORE HERE Sneaker enthusiasts crowd Orchard Rd shoe retailer in breach of Covid-19 rules Foot Locker stores have continued to hold events that draw large crowds, despite repeated advisories. READ MORE HERE Are we ready to talk about race? The past few months have seen an uptick in conversations on ...

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Some households to receive e-vouchers to switch to energy- and water-efficient appliances

SINGAPORE - Households living in one- to three-room Housing Board flats can now get some help buying appliances that are more energy or water efficient, under a new programme launched on Saturday (Nov 28). Those eligible will receive three e-vouchers totalling $225. They include a $150 e-voucher to pay for an energy-efficient and climate-friendly refrigerator, a $50 e-voucher to offset the cost of changing their shower fittings to more water-efficient three-tick models, and a $25 e-voucher to buy LED lights. Details of the Climate-Friendly Households Programme were announced by Deputy Prime Minister Heng Swee Keat at the launch of the annual Clean and Green Singapore movement on Saturday morning. The programme was first floated earlier this year. Mr Heng, who is also Finance Minister, said: "I am happy to share that starting today, eligible households will be able to apply online for their e-vouchers. I hope this $25 million Climate-Friendly Household Package will encourage households to take action to reduce their energy and water consumption. "By doing so, they will also be saving money," he added. When households switch from a one-tick to a three-tick refrigerator model, for ins...

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MAS rolls out world’s first green loan grant scheme

Companies of all sizes will get more support in securing green and sustainability-linked loans with a new grant scheme launched by the Monetary Authority of Singapore (MAS) yesterday. The initiative, called the Green and Sustainability-Linked Loan Grant Scheme, is a world first and will start in January next year, said MAS. It will also encourage banks to develop frameworks so that small and medium-sized enterprises (SMEs) can access such financing more easily. Green loans are those that help finance new or existing green projects, while sustainability-linked loans provide price incentives for borrowers to achieve sustainability performance targets. MAS managing director Ravi Menon said: "Loans are a key source of financing across Asia - be it for individuals, SMEs or large corporates. Therefore, there is significant opportunity to encourage firms across different industries to transition to more sustainable practices through green and sustainability-linked loans. "MAS' grants for green loans and bonds are an important part of the green finance ecosystem that Singapore is building - to support Asia's pivot towards a sustainable future." Singapore companies borrowed $10.2 billion th...