Energy FeaturedSiemens to supply equipment for Petronas’ Gas Field Development ProjectPritam BordoloiJune 4, 2020 by Pritam BordoloiJune 4, 2020 The project is developed in the South China Sea, offshore Sarawak in Malaysia... Read more
Economy FeaturedGCC nations to face the worst economic crisis in history, warns IIFPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 GDP of GCC nations to contract 4.4% this year... Read more
Featured InsuranceMalaysia-based insurtech PolicyStreet secures $1.8 mn fundingPritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 The startup will use the funds to improve product offering, increase sales and also expand in new markets... Read more
Featured InsuranceSouth African insurtech Inclusivity Solutions secures $1.3 mn fundingPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The funding will be used by the startup to expand in its new markets as well as new ones... Read more
Economy FeaturedUK does not seek trade talk extension despite EU offerPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 Recently, the EU said it is open to delaying the end of the post-Brexit transition phase by up to two years... Read more
Aviation FeaturedKenya Airways to suffer net loss of Sh12.98 bn in 2020Pritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The carrier attributes its poor performance to the adoption of IFRS 16 last year... Read more
Aviation FeaturedThai Airways’ bankruptcy petition gets acceptedPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The carrier has hired five planners to plan its rehabilitation process... Read more
Aviation FeaturedAirline debt to increase by 28% this year to $550 bn: IATAPritam BordoloiMay 27, 2020 by Pritam BordoloiMay 27, 2020 The figure represents an increase of $120 bn in total debt, of which $67 bn comes from government loans... Read more
Featured Oil & GasPetronas to cut costs after Q1 profit slumps by 68%Pritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Petronas will cut capex by 21pc and operating costs by 12pc this year... Read more
Featured TechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more