News & Events
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition. Malaysian banks are making it easier to transfer cash quickly as banks are waiving fees for Instant Interbank Fund Transfers (IBFT)…
Read MoreWorld Bank Backs Egypt To Become Regional Oil, Gas Trading Hub
The World Bank supports Egypt’s efforts to be a regional oil and gas trading hub, as several new gas projects started up recently in the Mediterranean country, the Egyptian Ministry of Petroleum…
Read MoreSingapore open to security cooperation with Malaysia at sea
Joint patrols or rescue missions a possibility around Pedra Branca, Middle Rocks: Eng Hen Singapore welcomes Malaysia’s suggestion of security cooperation in the waters around the once-disputed Pedra Branca and…
Read MoreWhite House backs off Trump’s tweet on Saudis helping lower oil prices
WASHINGTON (BLOOMBERG) – US President Donald Trump’s administration backed off an assertion he made hours earlier indicating he persuaded Saudi Arabia to effectively boost oil production to its maximum capacity,…
Read MoreMalaysia, Indonesia should jointly repel EU pressure on palm oil: Mahathir
BOGOR, INDONESIA (REUTERS) – Malaysian Prime Minister Mahathir Mohamad said on Friday (June 29) that Indonesia should join forces with his country to oppose pressure from Europe on the palm…
Read MoreGlobal natural gas prices rise for first time in two years
LONDON (Bloomberg) — Global natural gas prices are increasing for the first time in two years with demand for the fuel advancing across the world. Consumption of the cleanest fossil…
Read MoreIndia hunting for shorter LNG deals with import demand doubling
NEW YORK (Bloomberg) — The good news for global natural gas exporters is that India’s largest utility is hunting for new supplies to import. The bad: It’s seeking shorter deals…
Read MoreThe Gas Industry’s Future Looks Bright Over Next Five Years
Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas markets over the next five years according to the International…
Read MoreNUS, Singapore Maritime Institute set up $18m research centre to boost sector’s global competitiveness
SINGAPORE – The National University of Singapore (NUS) and the Singapore Maritime Institute (SMI) announced on Friday (June 29) the setting up of an S$18 million research centre to help…
Read MoreAsia’s digital banks trail behind European counterparts in deal activity
The region’s virtual lenders have been involved in only 7.8% of deals since 2014. Europe’s digital banks are putting their Asian counterparts out of the running in terms of deal…
Read More