News & Events
Singapore still beats Hong Kong over Asia’s open banking readiness crown
DBS and OCBC are regional leaders in fintech and innovation. Singapore retained the top spot in Asia’s’ open banking readiness index amidst proactive decisions by the city state’s regulators to embrace the…
Read MoreMalaysia lowers cash transaction threshold in fight against dirty money
Hard-cash circulation has ballooned by 150% in the past decade. Malaysia will lower the cash threshold reporting requirement as the country intensifies the crackdown against money laundering activity, central bank…
Read MoreThe Quiet Swing Producers: Iraq, Libya, Nigeria
With the whole oil world watching the latest news around Iran and the U.S. sanctions that seek to reduce its exports of crude to zero, an announcement by Iraq’s Energy…
Read MoreSingapore launches world’s first index for smart grid
SP Group launched on Monday the world’s first index to help utilities measure and advance the development of smart grids. A smart grid is an electricity supply network that uses…
Read MoreRisks proliferate but Asia has some silver linings
SINGAPORE (Oct 29): The rising risk aversion among global investors has been the product of geopolitical and economic risks that are not specific to Asia, yet they have taken a…
Read MoreIMO Bans Carriage of Non-Compliant High Sulphur Fuel Come March 2020
By Jonathan Saul LONDON, Oct 26 (Reuters) – The United Nations shipping agency pushed back this week on any phased entry for tougher marine fuel rules and further tightened regulations that…
Read MoreChina Leads Global Refining Boom
China will lead global refinery capacity expansion and investments with 3.12 million bpd additional refining capacity and US$67.3 billion capital expenditure through 2022, data and analytics company GlobalData said in…
Read MoreWhy Middle East Oil To Asia Is Trading At A Discount
Bucking the trend from last month, when spot cargoes of Middle Eastern oil traded at multi-year premium highs in Asia due to falling Iranian oil supply, this month spot cargoes…
Read MoreUpstream Players Must Boost Spending
Global oil and gas development spend needs to increase by around 20 percent, to about $600 billion, to meet future demand growth and ensure companies sustain production next decade. That’s…
Read MoreOPEC in Maximum Production Mode
(Bloomberg) — Saudi Arabia gave the strongest indication yet that it’s trying to stop oil prices from rising further, saying that OPEC and allies are in a “produce as much…
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