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Malaysia - IMO 2023 Regulations: A Path Towards Greener And More Sustainable Future

The shipping industry has long played a significant role in globalisation and international trade, linking businesses and consumers globally. However, as the demand for shipping grows, so have the environmental concerns associated with it. According to the Third IMO GHG Study (2014)1, the shipping industry is estimated to be responsible for 3.1% of annual global CO2 and 2.8% of GHGs on a CO2e basis. These large quantities of pollutants are expected to triple by 20502, raising concerns about their impact on climate change and global health3.

Office space operator Table Space plans to expand operations with Rs 1,000 crore investment

Table Space Technologies, a managed workspace operator, plans to invest Rs 1,000 crore in the next fiscal year to expand its operations by around 4.5 million sq ft. The company recently raised over $325 million from Hill House Capital to expand its operations across key office property markets in India.

Table Space plans to expand operations with Rs 1,000 crore investment, ET RealEstate

During 2022-23, the company expanded its portfolio by 3.2 million sq ft, investing Rs 800 crore. “With the expansion, we expect to take the revenue in FY23-24 to Rs 1,800 crore from Rs1,140 crore in 2022-23,” said Banerji.

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