Carbon tax
Jurong Island’s ‘balancing act’: Going green while sustaining jobs and growth
The petrochemical hub’s transition comes amid the oil down-cycle and a looming carbon tax hike
Malaysia PM Anwar’s 2026 Budget balances growth and fiscal restraint
It underscores a shift towards fiscal consolidation, anchored by wider public-sector coordination
Issue 164: Hong Kong eyes South-east Asia sustainable finance prize; Singapore buys first Article 6 carbon credits
This week in ESG: Report finds growing activity in green Asean; Singapore awards contracts to four nature-based projects
Pace of carbon tax increase will likely depend on state of economy, SMEs: Janil Puthucheary
Singapore’s carbon tax on companies that emit at least 25,000 tonnes of greenhouse gas annually is currently set at S$25 per tonne
Eight-country coalition aims to tax luxury air travel
The group has suggested levies on flying could raise up to 187 billion euros if they were applied across the board
Harmonised framework within Asean will attract investors: global carbon trading body
Registry systems that are unified across the region with carbon market data that can be tracked and updated in real time will help enhance transparency and ensure that there is no double counting of c...
Sustainability reporting, carbon credits among key concerns ahead of Budget 2025
Tax incentives and help with training to handle the reporting requirements are on the wish list
How tax professionals can play a role in a company’s sustainability journey
They can assess ESG-related schemes to help firms reduce their carbon tax costs, contribute towards causes, and adopt good tax governance
Asean’s carbon market could generate US$3 trillion revenue by 2050: report
The revenue would come from a variety of carbon initiatives potentially worth up to US$267.7 billion by then
Issue 120: Singapore launches emission factor registry; the complexities of a common carbon price
This week in ESG: A basic but important step for localised emission calculations; minister calls for global carbon pricing