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Fair Finance Asia Calls on Banks to End Coal Financing in ASEAN and Strengthen Social Safeguards

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PHNOM PENH, Cambodia, Aug. 6, 2026 /PRNewswire/ — Fair Finance Asia (FFA) and Influencing Just Energy Transition in the ASEAN (I-JET) call on banks and investors to stop financing coal expansion and strengthen social safeguards.

In a new report, Phasing out Coal, Phasing in Justice: Roadmap for Financing a Responsible Regional Coal Phase-out in Asia, FFA and I-JET assess the transition landscape in Cambodia, Indonesia, Lao PDR, the Philippines, and Thailand, and in the Association of Southeast Asian Nations (ASEAN), more broadly.

While ASEAN member states have introduced coal moratoriums, updated Nationally Determined Contributions, early-retirement plans for coal-fired power plants, green taxonomies, and carbon pricing, the report finds that these still fall short of a Paris-aligned 1.5°C pathway.

International coal finance restrictions have expanded, yet funding persists through corporate lending and upstream mining. Meanwhile, liquefied natural gas (LNG) is being positioned as a bridge fuel despite high costs, price volatility, stranded assets, and fossil fuel lock-in.

To achieve a credible, just phase-out, the report recommends:

No new coal development, including for Artificial Intelligence (AI) and digital demand.Time-bound, enforceable phase-out plans with zero unabated coal.Permanent retirement or conversion of all units, with site remediation.An end to coal financing, including for false solutions.Binding just transition commitments.

The report also calls for strong social safeguards:

Income support, reskilling, and decent green jobs for affected workers.Meaningful participation, free, prior, and informed consent (FPIC), and secure land rights for Indigenous Peoples.Gender-responsive policies.Protection of civic space and environmental and human rights defenders.

Bernadette Victorio, Program Lead, Fair Finance Asia, said: “The test is not only whether coal-fired power plants close, but whether the energy transition reduces inequality by protecting the rights and amplifying the voices of workers, communities, women and Indigenous Peoples.”

Shubert Ciencia, Energy Justice and ASEAN Influencing Program Manager, Oxfam in Asia, said: “The ASEAN Plan of Action for Energy Cooperation (APAEC) 2026-2030 signals ASEAN’s intent to accelerate decarbonization while maintaining energy security. Member states must now restrict investment in existing coal projects and prohibit new ones.”

Victoria Fanggidae, Executive Director, The PRAKARSA, said: “Climate commitments are meaningless if financial flows continue to support coal. Indonesian financial institutions must stop enabling coal expansion, redirect capital to renewable energy, and embed human rights and just transition principles in financing decisions.”

Genalyn Arcayera-Aquino, Economic Rights Program Manager, Initiatives for Dialogue and Empowerment through Alternative Legal Services (IDEALS), said: “Fossil fuel incentives without a clear phase-out plan create a chicken-and-egg problem: reliance on imported fuels keeps electricity costs high and delays a domestic renewable energy industry.”

Yuki Tanabe, Program Director, Japan Center for a Sustainable Environment and Society (JACSES), said: “Governments should drive early retirement of coal-fired power plants with stricter environmental regulations and higher taxes on coal generation.”

Read the report: bit.ly/4wsaWt7

Media contacts:

Kyle Cruz

Influencing and Campaigning Manager

Fair Finance Asia

kylejuliene.cruz@oxfam.org

Shubert Ciencia

Energy Justice and ASEAN Influencing Program Manager

Oxfam in Asia

shubert.ciencia@oxfam.org

About Fair Finance Asia

FFA is a regional network of Asian civil society organizations working to ensure that financial institutions’ funding decisions respect the social and environmental well-being of the communities where they operate. Learn more: fairfinanceasia.org

About Influencing Just Energy Transition in ASEAN

I-JET is a multi-country initiative advancing a gender-just and socially inclusive energy transition. Learn more: https://x.com/ijet_project

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SOURCE Fair Finance Asia

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Taboola Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Taboola (TBLA)

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Taboola told investors its quarter was strong and raised its full-year ex-TAC gross profit outlook. The same release cut 2026 revenue and non-GAAP net income guidance — and the stock fell.

NEW YORK, Aug. 5, 2026 /PRNewswire/ — Taboola.com Ltd. (NASDAQ: TBLA) shares declined on August 5, 2026, after the Company guided full-year 2026 revenue to $1.930-$1.956 billion — as much as $110 million, or 5.4%, below the $2.04 billion FactSet consensus. If you lost money holding TBLA, you are encouraged to submit your TBLA loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@SueWallSt.com or by telephone at (888) SueWallSt.

The August 5 announcement was headlined “Taboola Reports Strong Q2 2026 Financial Results, & Raises Full-Year ex-TAC Gross Profit and Adjusted EBITDA guidance.” Inside the same release, the company’s updated guidance revealed it had negatively revised revenue and non-GAAP net income projections for fiscal year 2026. This followed a raise in revenue guidance following Taboola’s Q1 results. Revenue guidance for fiscal year 2026 has shifted from $1.993-$2.054 billion on February 25, 2026, up to $2.006-$2.062 billion on May 6, 2026, and now down to $1.930-$1.956 billion on August 5, 2026.

SueWallSt notifies investors of a pending investigation into potential securities law violations at Taboola on behalf of investors who suffered losses. The investigation concerns whether the Company’s public statements were consistent with the revenue trajectory reflected in its August 5, 2026 outlook.

Shareholders who lost money on Taboola are encouraged to click here to learn more about the investigation or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the TBLA Investigation

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Taboola.com Ltd. made materially false or misleading statements regarding its revenue outlook and growth trajectory. When the Company revised its fiscal 2026 revenue guidance downward, the stock price declined.

Q: Who is eligible to participate in the TBLA investigation?A: Investors who purchased TBLA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses — not on whether you still hold the shares.

Q: Who is conducting the TBLA investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased TBLA securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: What do TBLA investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my TBLA shares — can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought TBLA and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis — no retainer and no out-of-pocket costs.

Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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Forrester Recognizes Fortinet As APAC Winner Of Its Inaugural B2B Marketing AI Impact Award

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The firm is being honored for using AI to transform marketing across the APAC region

SINGAPORE, Aug. 6, 2026 /PRNewswire/ — Forrester (Nasdaq: FORR) today announced that Fortinet is the Asia Pacific winner of its B2B Marketing AI Impact Award, given to organizations that apply AI successfully to improve marketing performance and deliver measurable business results. Fortinet will be recognized at Forrester’s AI Forum Singapore during the marketing leaders track session, “Hello, GTM Singularity.”

The company was selected for leading an AI-powered marketing transformation, which included integrating AI across audience targeting, lead qualification, content creation, campaign optimization, and performance measurement. Fortinet exemplifies how a connected approach to AI adoption can improve marketing effectiveness, strengthen alignment between marketing and sales, and help teams make faster, more informed decisions at scale.

“Fortinet’s strategic and scalable approach to AI adoption improved the ROI of marketing while fostering stronger alignment across teams,” said Daryl Wright, principal analyst at Forrester. “We look forward to welcoming Fortinet to AI Forum Singapore to learn more about their success story.”

“We are honored to receive Forrester’s inaugural B2B Marketing AI Impact Award,” said Rashish Pandey, vice president of marketing and communications in APAC at Fortinet. “This recognition reflects our belief that AI delivers the greatest value when it’s embedded into everyday workflows rather than treated as a standalone technology. By applying AI across audience intelligence, campaign execution, and performance optimization, we have been able to improve marketing effectiveness while strengthening collaboration between marketing and sales.”

Resources:

Register to attend Forrester’s AI Forum Singapore on August 20, 2026 and AI Forum Sydney on August 25, 2026.
For members of the press interested in attending, please contact press@forrester.com.

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, revenue, and product functions to make confident decisions in an AI-driven world and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

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SOURCE Forrester

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SEMICON Taiwan 2026 to Serve as Global Stage Where the Semiconductor Industry Defines What’s Next

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Registration is Now Open

HSINCHU, Aug. 6, 2026 /PRNewswire/ — SEMICON Taiwan 2026, one of the global semiconductor industry’s flagship events, will take place September 2-4 at Taipei Nangang Exhibition Center, with forums beginning August 31 during International Semiconductor Week. The exhibition will feature 1,300 exhibitors and 4,300 booths and attract over 100,000 professionals from 65 countries. Registration is open.

AI Reshapes the Industry as SEMI Connects the Global Ecosystem

As AI and high-performance computing (HPC) drive emerging applications, the semiconductor industry continues advancing process scaling and system-level innovation. SEMICON Taiwan 2026 will highlight advanced processes, packaging, smart manufacturing, quantum technology, and ecosystem collaboration.

“SEMI data shows global semiconductor manufacturing equipment sales reached US$135.1 billion, up 15% year-over-year, while semiconductor materials sales increased to $73.2 billion, up 6.8% year-over-year,” said Terry Tsao, Global Chief Marketing Officer and President of Taiwan, SEMI. “Driven by AI, HPC, advanced processes, and advanced packaging, Taiwan remains among the regions with the strongest growth outlook. Under the theme Transform Tomorrow, SEMICON Taiwan 2026 will bring together the global semiconductor ecosystem from wafer manufacturing, equipment, and materials to IC design, system applications, and startups to address industry challenges and shape future technologies.”

New Zones Highlight Quantum Technology, Smart Fab, and Chiplets

SEMICON Taiwan 2026 will debut the Quantum Technology Zone and Smart Fab Zone, while the Packaging Technology Area will introduce the Chiplet Pavilion.

Quantum Technology Zone: Spotlights superconductors, ion traps, and quantum annealing, connecting quantum computing companies with government, academia, and research institutions.Smart Fab Zone: Showcases intelligent manufacturing technologies, including collaborative robots, AMHS, and digital twins.Chiplet Pavilion: Focuses on chiplet architectures for AI servers, data centers, HPC, autonomous vehicles, and 6G applications, featuring advanced packaging.

AI Chips, Startups, and Talent Drive Innovation

The AI Technology Zone will present AI chip design, advanced manufacturing, ASIC performance and edge AI applications, highlighting the need for performance and energy efficiency.

The Silicon Startups Zone, supported by the Taiwan Germination Program and Taiwan Tech Arena, will connect startups with industry resources, investors, and commercialization opportunities.

The SEMI 20 Under 40 Awards will return for its second year, recognizing emerging semiconductor talent. Over 22 forums will cover advanced packaging, memory, sustainability, cybersecurity, and talent development.

Registration

Registration for SEMICON Taiwan 2026 is now open. For registration details and information, visit the official website.

About SEMI

SEMI® is the global industry association connecting over 4,000 companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology coalitions, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and follow SEMI Taiwan on Facebook, LinkedIn, and Line.

 

View original content:https://www.prnewswire.com/apac/news-releases/semicon-taiwan-2026-to-serve-as-global-stage-where-the-semiconductor-industry-defines-whats-next-302844454.html

SOURCE SEMI

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