Cool to be green

Mr Eugene Liu, CEO of Century Water Systems and Technologies, which borrowed $2 million for a project to help semiconductor firm GlobalFoundries recycle water for a contract of 10 years.

Green loans are gaining traction among companies here amid heightened awareness of sustainability-related issues and the wider availability of financial products.

Banks said they have received more queries from firms after launching frameworks to help businesses get loans that can finance projects with an environmental and social impact.

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