Thailand insurance companies face surge in demand; suspend sales
In the light of the coronavirus infection, Thailand’s insurance companies are currently modifying protection conditions...
Category : Featured
Real Estate deals in Oman fall by 30.6% in January 2020
The number of plots issued also falls by 14.7%...
Global shipping volumes could decline by 10% due to coronavirus outbreak
It is, however, business as usual at the ports of Antwerp and Rotterdam; DP World to seize situation next month...
Coronavirus: Southeast Asian banks face surge of bad loans
Banks in Singapore, Malaysia, and Vietnam are easing borrowing terms as they face a rise in distressed loans...
Kenya Airways to ground 90 percent of its fleet following Coronavirus threat
Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order...
FWD to sell TMB bancassurance contract to Prudential for $630 mn
Prudential’s Thai unit will acquire FWD’s exclusive rights to sell life insurance products using TMB Bank’s platform...
Coronavirus: Shell to cut spending by up to $9 billion
Other oil majors including Exxon Mobil, BP, Chevron, and Total are also reducing spending...
IATA: African airlines lost $4.4 bn in revenue due to Covid-19 pandemic
Flights between China and Africa increased by 630% in the last decade, however all flights to China are now suspended...
10 banks commit $9 bn in loans as a part of DP World debt deal
The group of 10 banks includes Credit Agricole, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, and Standard Chartered...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...