Sign up | Log in



Home  >>   Daily News  >>   Malaysiare News  >> Infrastructure  >> AirAsia Foundation Awards Sabah Social Enterprise with Micro Hydro Grant
NEWS UPDATES Asean Affairs   27 May 2013  

AirAsia Foundation Awards Sabah Social Enterprise with Micro Hydro Grant

AirAsia Foundation is proud to award its first social enterprise grant in Malaysia to Tobpinai Ningkokoton Koburuon Kampong (Tonibung) or Friends for Village Development, a Sabah-based organisation with a 20-year track record in empowering indigenous communities across the country.

Under the grant terms, Tonibung will receive RM58,000 to establish a hire purchase scheme that enables rural indigenous communities to affordably start micro hydro projects in their villages. This initial funding pool will benefit 22 households of Kampung Tiku, Sabah, that do not have access to the national power grid. A 10kW turbine will be installed at the village to generate clean, renewable hydro energy to address their basic electricity needs.

In addition, Tonibung will be provided with enterprise guidance by the Foundation’s management team and Council of Trustees, including AirAsia Group CEO Tan Sri Tony Fernandes and Deputy Group CEO Dato’ Kamarudin Meranun.
“AirAsia was founded on the basis of entrepreneurship and as a group, we are strong proponent of using innovative ideas to address business challenges. We are, therefore, very pleased to fund Tonibung’s micro hydro scheme as it applies these same principles to find ways to sustainably support underprivileged communities. By leveraging on community structures, we also hope to empower communities to make their own decisions in managing available natural resources,” said Fernandes.
Through the hire purchase scheme, the villagers will repay the turbine cost progressively over a period of 36-months. With this new energy source, Kampung Tiku households will be able to cut their dependence on kerosene and diesel fuel, thus reducing their monthly expenses on power generation needs by up to 60% in the first three years, and up to 95% thereafter. Access to cheap, clean and renewable energy will also enable villagers to increase household expenses on nutrition and health, and engage in small scale enterprises such as rice-milling. At the end of the repayment period, the regenerated funding pool will be used to invest in a new turbine for another indigenous village.

Tonibung Executive Director Adrian Lasimbang said, “This hire purchase scheme will be applied in managing all future micro hydro funding that Tonibung is awarded. With a revolving fund, we can ensure long term availability of resources so that more communities can access this system without having to wait for a grant to be given to them.”

Founded in the 2012, AirAsia Foundation is the philanthropic arm of the AirAsia Group entrusted to share the company’s values of entrepreneurship, equal opportunity and innovation throughout ASEAN. Under its Charter, the Foundation is mandated to support social enterprises as a way of empowering underprivileged individuals, as well as projects that seek to preserve and revive the region’s unique cultural heritage. Through its work, the Foundation is committed to helping build an ASEAN Community of the future.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories      27 May 2013 Subsribe Now !
• SGX launches depository services for RMB bonds Subcribe: Asean Affairs Global Magazine
• Indian Minister bestowed inaugural AIT Global Citizen Award Pathumthani, May 24: Asean Affairs Premium
• AirAsia Foundation Awards Sabah Social Enterprise with Micro Hydro Grant
• Operating indicators for April 2013 (Changi Airport)
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• SGX welcomes Soilbuild Construction to Mainboard
• Industrial production rallies (Vietnam)
• ACE to underwrite insurance in Myanmar
Asean Analysis            22 May 2013 Advertise Your Brand
• Asean Analysis- May 22, 2013  
• Asean Weekly- May 22, 2013 Sponsor Our Events

Asean Stock Watch     24 May 2013

• Asean Stock Watch-May 24, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand