Latest news with #IshikaMookerjee
Bloomberg
17-05-2025
- Business
- Bloomberg
Singapore Makes a Big Bet on the Future of Air Travel
Welcome to the Singapore Edition newsletter. Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. Amid all the uncertainty surrounding the path of the global economy, Singapore just made a huge vote of confidence in the future. Audrey Wan looks at the start of something big, while Ishika Mookerjee marvels at the delights of Labubu and Alfred Cang considers the impact of DeepSeek's 'tech madman.'
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Business Standard
30-04-2025
- Business
- Business Standard
Clear green rules key for India to meet climate goals, says StanChart
In theory, a taxonomy would help clarify an investment's green credentials and mitigate greenwashing Bloomberg By Saikat Das and Ishika Mookerjee India could struggle to meet its green targets without a so-called taxonomy framework, which creates guardrails around what can pass as climate finance, according to Standard Chartered Plc. The country needs clarity 'around taxonomy as it is still in the works,' said Shobana Chawla, head of sustainable financing for South Asia at the bank, speaking in an interview. 'Once finalised, it will give a fillip to the banks,' she said. In theory, a taxonomy would help clarify an investment's green credentials and mitigate greenwashing. India announced a plan to create one nearly a year ago, but details on the plan have been slim and the country has lagged behind its peers in developing the framework, according to analysts at Barclays Plc. Backers say a taxonomy could also open the door for more financing. India is among the largest greenhouse gas emitters, and the government estimates it needs $10 trillion to reach its net zero emissions goal by 2070. Current capital sources only account for about two thirds of that, according to ICF International. The push for India to develop its taxonomy comes as the European Union, a pioneer in ESG regulation, is working to water down its own. Earlier this year, the European Commission proposed limiting the impact of its taxonomy so that about 80 per cent of the companies originally in scope will no longer need to comply. The taxonomy document — which has already been circulated for feedback from key industry groups — is expected to be published in the coming weeks and will be followed by a public consultation period, which typically lasts 45 to 60 days, according to people familiar with the matter, who requested anonymity to discuss private details of the plans. The finance ministry did not immediately respond to a request for comment. India is the bank's largest source of sustainable financing assets. Standard Chartered's outstanding loan book for sustainable financing totaled $4.7 billion as of September, up 96 per cent from July 2020, Chawla said. The bank has lent to projects in sectors including solar, battery cells, wind energy among others.
Bloomberg
28-04-2025
- Business
- Bloomberg
Singapore's Tough Path Will Test a Crop of Younger Lawmakers
By and Ishika Mookerjee Save Welcome to Singapore Edition. Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. It's been a week of juggling election news and the ongoing economic turmoil from the US government's trade policy. In this edition, Karoline Kan and Ishika Mookerjee look at the line-up of young candidates who may have to deal with the fallout. Justina T. Lee salutes one of the old guard who is bowing out. And if you're feeling stressed out by the market gyrations, campaigns and economic broadsides, Derek Wallbank has a solution for you: pizza.
Bloomberg
12-04-2025
- Business
- Bloomberg
Singapore Finance CEO on How to Survive Choppy Global Markets
Welcome to the Singapore Edition newsletter. Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. It's been a wild ride in the markets, as our special issue captured on Monday. With the tariff-induced turmoil continuing to rock assets from stocks to currencies, wealth reporter Yoojung Lee asked SingCapital's CEO how investors in Asia should respond, while Ishika Mookerjee looks at the week's winners and losers. Meanwhile, Low De Wei shines a light on a billionaire Tesla whale's S$100 million shophouse hotel.
Bloomberg
15-03-2025
- Business
- Bloomberg
Singapore's Connection to One of the Toughest Jobs in Tech
Welcome to the Singapore Edition newsletter. Each week we'll bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. This week, Debby Wu looks at Singapore's connection to one of the toughest tasks in the global tech industry, Ishika Mookerjee examines the Chocolate Finance scare, and Alfred Cang prepares for an invasion of little monsters.
