Janice Lim

Janice Lim

CORRESPONDENT

Janice Lim covers environmental, social and governance (ESG) issues at The Business Times. She joined BT after more than three years at TODAY covering a wide range of topics including economy and social issues. Before this, she had a four-year stint as a broadcast journalist with CNA. She graduated with a master’s degree in human rights from the University of Sydney and did her undergraduate studies in sociology and history at the National University of Singapore.

FILE PHOTO: A boy walks beside a canal with the Cirebon-1 power plant in the background, in Cirebon, West Java province, Indonesia, September 2, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo

Investor interest in Indonesia’s energy transition may suffer after first coal phase-out project scrapped

The policy U-turn contradicts the country’s own commitments, says a think tank

Lippo Mall Puri located in the established Puri Indah central business district area, West Jakarta. 

LMIRT launches rights issue to raise S$63 million

Most of the proceeds will go towards paying off loans; some of it will be used for general working capital

Genting Singapore’s Resorts World Sentosa. While Genting Bhd has been downgraded to Baa3 from Baa2, Genting Singapore’s rating has been revised downwards to Baa1 from A3.

Moody’s downgrades Genting Bhd and two subsidiaries

Move reflects Malaysian giant’s ‘already-weak position’ due to prolonged deleveraging amid slow earnings recovery, says ratings agency

People walk in front of the Oversea-Chinese Banking Corp (OCBC) headquarters in Singapore, November 7, 2025. REUTERS/Yantoultra Ngui

OCBC invests in low-carbon steel in Malaysia’s Sabah

The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon...

As exposure to floods increases in South-east Asia, "the risk of disruption and food-supply shocks" will also rise, says the report.

Transport, agriculture most exposed to flood risk in South-east Asia: report

BMI study notes that more people in region will be affected as global warming accelerates and populations in vulnerable areas grow

Generic photos for Budget 2024

South-east Asia’s ESG bond proceeds rebound with 73% jump in Q3 2025

Issuance of environmental, social and governance loans rise 33.3% to US$14.8 billion over the same period

lyplant - The eight-unit Suralaya coal-fired power plant in Cilegon, Banten, among the largest of its kind in Indonesia contributing to hazardous smog in Jakarta, which topped the world’s most polluted city in August.

Asian utility companies to face climate-driven losses of US$8.4 billion by 2050: report

A report by the Asia Investor Group on Climate Change and MSCI notes that failure to adapt will increase operational costs and...

South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, the Philippines. 
HOCK LOCK SIEW

More regulatory support is needed to encourage the use of transition credits in Asean’s decarbonisation process

MAS report notes that governments play a pivotal role in setting baselines and creating an enabling environment for coal phase-out

The eight-unit Suralaya coal-fired power plant in Cilegon, Banten, is among the largest of its kind in Indonesia contributing to hazardous smog in Jakarta.

COP30: About one-third of world’s coal fleet shows ‘significant’ opportunity for early shutdown, says report

Coal Transition Commission notes that 80% of this capacity are young to middle-aged assets which offer potential for significant emissions reductions

Jardine Matheson’s retail arm DFI Retail, which operates 7-Eleven stores in Singapore, reported a 48% year-on-year increase in Q3 underlying profit.

Jardine Matheson’s Q3 performance ‘in line with expectations’

[SINGAPORE] Hong Kong-based conglomerate Jardine Matheson said in a bourse filing on Friday (Nov 21) that its performance for the third quarter...