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Indonesia's Pertamina looks to US for LPG imports

18 January 2017

JAKARTA: Indonesian state energy company Pertamina expects to import liquefied petroleum gas from the United States to meet growing demand, with US shipments to Asia set to climb following transport developments like the extension of the Panama Canal.

Japan to supply new patrol boats to Vietnam

16 January 2017

HANOI (Reuters) - Japan's Prime Minister Shinzo Abe on Monday promised Vietnam six new patrol boats during a visit to the Southeast Asian country, which is locked in a dispute with China over the busy South China Sea.

Cautious start for Bursa early Monday, ringgit dips

16 January 2017

KUALA LUMPUR: Blue chips started the week on a cautious footing as the FBM KLCI lost more than five points on profit taking of Kuala Lumpur Kepong, Public Bank and Maybank, extending the index’s decline from last Friday.

Singapore to prop up Southeast Asia's muted IPO market in 2017

16 January 2017

KUALA LUMPUR/SINGAPORE: Singapore is set to be 2017's hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb deals elsewhere in the region.

Scomi Energy set for Ophir boost

14 January 2017

WITH its Ophir marginal oilfield expected to see maiden production of crude oil by June, Scomi Energy Services Bhd is expected to receive a boost to its financial standing.

Farewell to a true Bornean hero

14 January 2017

After the late Tan Sri Adenan Satem’s brush with death a few years ago, he feared nobody, spoke his mind and was ready to take risks.

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