Latest news with #green economy
Yahoo
13 hours ago
- Automotive
- Yahoo
LSBF Singapore Campus Contributes Thought Leadership to National Dialogue on Electric Vehicles
SINGAPORE, July 23, 2025 /PRNewswire/ -- Dr. Roy Yap, Head of the School for Business and Law at LSBF Singapore, was featured on Channel 8 News (3 June 2025) in a prime-time segment discussing the evolving electric vehicle (EV) insurance landscape and what it means for risk profiling, consumer protection, and insurers' responsibilities in a green economy. "The rise of EVs in Singapore is not just about infrastructure or adoption. It raises important questions about how we insure, regulate, and protect consumers in a fast-changing landscape," said Dr. Roy Yap. Dr. Roy Yap explored how the shift toward EVs introduces new considerations in risk assessment, policy coverage, and regulatory safeguards, urging stakeholders to rethink legacy systems in light of technological change. Watch the original feature (Channel 8 News, Chinese with subtitles): If you're exploring angles on green mobility, insurance innovation, or talent readiness, media enquiries and interview requests with Dr. Roy Yap are welcome. About London School of Business & Finance (LSBF) The London School of Business & Finance (LSBF), founded in 2003 and a member of the Global University System (GUS), serves over 25,000 students across more than 40 countries. With campuses in key cities including the UK, Singapore, and Malaysia, LSBF has expanded its international footprint, particularly in Asia. LSBF Singapore campus offers over 100 programmes in business, finance, law, hospitality, and technology, and collaborate with reputable universities to provide internationally recognised qualifications. LSBF holds EduTrust certification, partners with organizations like Grab, Deloitte and ISCA, and is an ACCA Approved Learning Partner. In recognition of its future-focused approach to education, LSBF was honoured with the Singapore Business Review's International Business Award in Education for two consecutive years – 2024 and 2025. These accolades reaffirm LSBF's commitment to delivering quality, industry-aligned education that empowers aspiring professionals globally. View original content to download multimedia: SOURCE London School of Business & Finance Singapore Campus Sign in to access your portfolio
Gulf Business
14-07-2025
- Business
- Gulf Business
Food, ESG and sustainability: Chefs, restaurants and hotels are all part of a winning recipe
Image: Getty Images/ For illustrative purposes In the corporate and financial world, there is a tendency to see sustainability and ESG (environment, social and governance) responsibilities and achievements mainly from a valuation perspective, as the popular mantra of 'doing well by doing good' succinctly expresses. This mantra creates a risk that monetary value should be the ultimate measure of success. The current backlash against ESG is an outcome of such short-sighted approach to value. This creates a more serious risk of financialisation, where our financial markets, in pursuit of annually calculated returns, become disconnected from building a green and equitable real economy in the long term. Therefore, the corporate world, policy makers and academia should all work together to create an appropriate set of values that inform valuation calculations in transitioning to a net-zero world and green economy. Food in the equation How does food come into the equation? My academic research has led me to coordinating with leading culinary and hospitality institutions in Hong Kong, Macau and Tokyo on organising events around 'Food, ESG and Sustainability'. There's a good reason for this. Our universal food and agricultural traditions and practices – going back millennia – are reinterpreted by contemporary culinary entrepreneurs and chefs to provide us food for thought in searching for new values for the corporate world in integrating sustainability and ESG in their business models. We have held events in a range of restaurants including those with Michelin Green Star status and hotels meeting the Global Sustainable Tourism Council criteria. As one of the world's fastest growing gastronomy capitals and a leading destination for food tourism, Dubai has an immense repository of culinary knowledge and expertise. And it's growing fast, including 1,200 new restaurant licences across various categories and cuisines in 2024 alone. This reflects Dubai's unique multicultural identity expressed through the culinary arts and is embedded within the deep tradition of hospitality in the Dubai and the UAE. This is a major asset. The culinary, food and hospitality industries are naturally more disposed to discussing value and valuations because humanity's accumulated knowledge and practices over the centuries are central to their business models and financial These events in East Asia have brought together the food and hospitality worlds, businesses and financial institutions to collectively re-imagine and enhance our ESG and sustainability frameworks and policies by learning from successful chefs, restaurants and hotels that have made sustainability and green practices the essence of their business models. In my own academic research, I aim to re-define what is economically valuable in transitioning to a net-zero, socially equitable and sustainable green economy. The United Nation's Food and Agricultural Organisation's But at the same time, these agricultural and culinary practices are a huge reservoir of human value and knowledge systems that go back millennia and define our relationship with nature. So, how can our modern concerns and research related to ESG and sustainability learn from (and enter into a dialogue with) the traditional and modern methods and values in the culinary and hospitality sectors? Successful contemporary culinary entrepreneurs and hospitality businesses with roots in universal traditional knowledge and values can contribute to debates in the corporate and policy worlds on changing the financialised mind-sets regarding ESG and sustainability frameworks. More food for ESG thought? The writer is a senior lecturer (and ex-director for Social Responsibility) at Alliance Manchester Business School, The University of Manchester.
Yahoo
12-07-2025
- Business
- Yahoo
China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister
SHANGHAI (Reuters) -China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. China and ASEAN also agreed on a five-year action plan that specifies collaboration between the two sides in over 40 fields in the coming years, according to a statement published by the Ministry of Foreign Affairs, citing Wang's comments after attending the East Asia Summit in Kuala Lumpur on Friday. Wang also said the two sides agreed to strive to complete consultations next year on a code of conduct in the South China Sea - a set of guidelines aiming to manage disputes in the region, where Beijing and several ASEAN members have overlapping maritime claims.
Malay Mail
12-07-2025
- Business
- Malay Mail
Asean and China finalise sweeping free trade upgrade, agree to push South China Sea rules by next year
SHANGHAI, July 12 — China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi today. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. China and ASEAN also agreed on a five-year action plan that specifies collaboration between the two sides in over 40 fields in the coming years, according to a statement published by the Ministry of Foreign Affairs, citing Wang's comments after attending the East Asia Summit in Kuala Lumpur on Friday. Wang also said the two sides agreed to strive to complete consultations next year on a code of conduct in the South China Sea - a set of guidelines aiming to manage disputes in the region, where Beijing and several ASEAN members have overlapping maritime claims. — Reuters
National Post
10-07-2025
- Business
- National Post
Jesse Kline: Liberals get a crash course in the importance of natural resources
Article content It specifically targets projects that will put Canada 'on the path to emissions reductions,' so we can meet a series of 'national economic and environmental goals' — all part of the Liberals' grand plan to transition us into a 'green economy.' And how well did that go? Article content Despite the massive public investments that fell from the Trudeau money tree over the past decade, Canada's per capita GDP growth lagged well behind the OCED average in every year between 2015 and 2024, according to World Bank data, while the government's own figures show that GHG emissions declined by a measly 6.6 per cent between 2015 and 2023. Article content Not exactly bang for your buck. Article content It's true that some countries have successfully transformed their economies. Israel, for example, went from being a relatively poor country to the high-tech 'Start-up Nation' it is today in a fairly short period of time. Some of that turnaround was achieved through government interventions led by the Israel Innovation Authority. Article content Article content But its work was complemented by free-market reforms in the 1970s and '80s, a 50-year process of trade liberalization that was completed around the turn of the century and significant tax cuts in the early 2000s that fostered the country's entrepreneurial spirit and unleashed the potential of the free market. Article content Until this week, Canada had not made a concerted effort to reduce red tape since the Harper government appointed Maxime Bernier to chair the Red Tape Reduction Commission back in 2011. Article content Quite the opposite, in fact. The Trudeau government only added to Canada's regulatory burden, including by designing an environmental review process that's so onerous, it makes it virtually impossible to build a shed in a national park without submitting an encyclopedia's worth of reports on how the project might affect transgender frog populations. Article content Meanwhile, in the wake of Russia's 2022 invasion of Ukraine, former prime minister Justin Trudeau turned away not one, but three world leaders who journeyed to Canada, practically begging us to sell them liquefied natural gas. Article content There wasn't a 'business case,' you see, even though there were eager buyers and willing sellers, which is the textbook definition of a 'business case.' Article content At the very least, Prime Minister Mark Carney seems to recognize the folly of electing a celebrity who cared more about courting his fanboys in the international press with tokenistic left-wing policies than furthering Canada's national interests. Article content Carney's bill to fast-track infrastructure and natural resource projects, which received royal assent late last month, is a step in the right direction, and a clear acknowledgement that many of the processes implemented by his predecessor make it next to impossible to get anything done. Article content But in typical Liberal fashion, the recently passed Building Canada Act gives the mandarins in Ottawa the power to pick and choose the winners and losers. Projects that the Liberals deem to be in the 'national interest' will receive favourable regulatory treatment. Those that don't? Well, good luck getting past the Impact Assessment Act.
