Southeast Asia

Filinvest completes $200-M bond offer – Philippines

Listed Filinvest Development Corp. (FDC) has completed issuing $200 million worth of US dollar-denominated bonds, which its chief said attested to the company’s strong reputation.

In a disclosure on Friday, the Gotianun-led conglomerate said the Reg-S 5-year senior unsecured notes had a fixed coupon of 4.125 percent, payable semiannually.

The notes issued, it added, was the company’s first since 2013.

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Marina East green rooftop, big as 3 football fields, will be open for public recreation

Marina Barrage is a popular open space for Singaporeans to enjoy picnics and kite-flying.

But if you often find it hard to get a spot there, fret not.

A new recreational space in Marina East is set to open soon.

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PUB: Pandan-smelling water from Malaysia ‘isolated’, local water production ramped up to meet demand – Malaysia

SINGAPORE – Singapore has ramped up local production of water to meet demand after some water from Malaysia had to be “isolated” following reports from some households here about an unusual scent of pandan in boiled tap water.

The cause of the scent is an organic compound known as tetrahydrofuran (THF), which is commonly used as a solvent in industries.

National water agency PUB said its investigations have traced the source of the issue to water imported from Malaysia.

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AFP starts desalination project construction in Mavulis Island – Philippines

The troopers of the naval detachment in the island northernmost island of the country, Mavulis in the Province of Batanes will soon no longer travel 8 hours to get water for drinking in Itbayat Island.

This after Armed Forces of the Philippines (AFP) chief of staff and the chairman of the Joint Chiefs, General Filemon T Santos Jr PA, led the groundbreaking ceremony for the construction of a Desalination Plant System Project in the island on July 10.

Lt. Jaypee Abuan PN, public affairs officer of the Naval Forces Northern Luzon, said the desalination project is an initiative of General Santos recognizing the importance of having a sustainable source of drinking water in the island.

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Keppel Marina East Desalination Plant commences operations – Singapore

Marina East Water, a subsidiary of Keppel Infrastructure, has announced that its large-scale, dual-mode Keppel Marina East Desalination Plant (KMEDP) is now operational, a press release revealed.

The project is under the Design, Build, Own and Operate (DBOO) arrangement made with the National Water Agency PUB, Marina East Water, which is Singapore’s fourth desalination plant and Keppel’s second under the said deal.

It will undertake plant operations for a 25-year concession period from 2020 to 2045.

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Singapore’s fourth desalination plant in Marina East begins operations – Singapore

SINGAPORE – Singapore’s fourth desalination plant, which can produce about 30 million gallons of fresh drinking water per day, has begun commercial operations, said national water agency PUB on Tuesday (July 14).

This amount of water can meet the demands of about 200,000 households, and accounts for about 7 per cent of Singapore’s daily water demand of 430 million gallons.

The Keppel Marina East Desalination Plant, which officially started operations on June 29, is the Republic’s first large-scale plant able to treat both fresh water and seawater.

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UN is encouraged that experts may get to visit oil tanker off Yemen – Yemen

The United Nations said on Friday it is encouraged that a UN team may be able to visit an oil tanker loaded with 1.1 million barrels of crude oil that is moored off the coast of Yemen, posing a serious risk to Red Sea marine life, desalination plants and shipping.

Houthi rebels, who control the area where the ship is moored, have denied UN inspectors access to the vessel.

But UN spokesman Stephane Dujarric said “the local authorities recently signaled they would approve a UN mission to the site.”

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Malakoff bets on Alam Flora – Malaysia

MALAKOFF Corp Bhd’s acquisition of Alam Flora Sdn Bhd could not have come at a better time.

The outbreak of the coronavirus (Covid-19) pandemic has initiated a cleaning boom like never before.

Alam Flora, which is mainly in the business of waste management, is also involved in sanitisation and disinfection services around Kuala Lumpur, Putrajaya and Pahang.

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Thailand to build desalination plant to serve industrial production – Thailand

The Industrial Estate Authority of Thailand (IEAT) is planning to invest in a water desalination plant to supply the Eastern Economic Corridor (EEC) in response to ongoing and future droughts.

The plant, capable of desalinating 300,000 cubic metres of seawater per day, will be set up through a joint venture. It will supply water to factories in the area that has had to reduce water consumption in the past year due to extreme drought.

The EEC covers three provinces – Rayong, Chon Buri and Chachoengsao, with 34 industrial estates and 6,033 factories. It is an ambitious project of the Thai Government to stimulate the local economy.

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Jolo named MinDA priority development area – Philippines

THE MINDANAO Development Authority (MinDA) has identified Jolo, the capital of Sulu province, as a priority development area after Taraka town in Lanao del Sur.

“We will come up with a comprehensive proposal and present it to the President,” MinDA Chairperson Emmanuel F. Piñol said in a statement Friday. The development program will be similar to the one recently launched in Taraka, which involves the establishment of model learning centers mainly for agricultural livelihood activities.

Among the key sectors eyed for Jolo are chicken and cattle farming, and solar-power energy for both electricity supply and water desalination. Sulu, a part of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), is composed of composed of several islands and has been known as the stronghold of the Abu Sayyaf, a kidnap-for-ranson group that has in recent years allied with the extremist Islamic State.

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