KARACHI: All Pakistan Textile Mills Association (APTMA) demanded of the Prime Minister Imran Khan and the economic managers of the government to reduce the indigenous gas tariff for the five export oriented sectors in line with major reduction in oil…
SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering) Sunday announced that its U.S. subsidiary, VT San Antonio Aerospace, Inc., recently discovered a cybersecurity incident where a sophisticated group of cyber criminals, known as the Maze group, gained unauthorised access to its…
SINGAPORE: Ascott Residence Trust (ART), the most geographically diversified and largest hospitality trust in Asia Pacific, will be included in the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index) from 22 June 2020. Ms Beh Siew Kim,…
SINGAPORE: Singapore Airlines (SIA) has raised S$10 billion of liquidity through its recent Rights Issue, as well as a mix of secured and unsecured credit facilities. This puts SIA on a steady footing as it tackles the challenges posed by…
SINGAPORE: AC Energy Inc, a wholly-owned subsidiary of Ayala Corporation, through its affiliate UAC Energy Holdings Pty Ltd, has directly and indirectly acquired a 12.82% stake in Infigen Energy Limited for AUD 90.4 million. Infigen is a renewable energy developer,…
SINGAPORE: Southeast Asia’s leading fashion retailer F J Benjamin Holdings (FJB) has substantially scaled up its online store network following agreements struck with several global brands. Group Chief Operating Officer Douglas Benjamin said since the outbreak of the coronavirus early…
SINGAPORE: Singapore Exchange (SGX) released its market statistics for May 2020. The reopening of economies around the world lifted sentiment in equity markets, even as the COVID-19 pandemic continue to cloud the outlook for global growth. The exchange’s derivatives franchise…
LONDON: Crossword Cybersecurity PLC, the technology commercialisation company focused solely on cyber security and risk, has announced that its Consulting division has signed a three year contract with Agria Pet Insurance Ltd, the award winning lifetime pet insurer, working as…
CARDIFF: Midatech Pharma PLC, an R&D biotechnology company focused on delivering innovative oncology and rare disease products to patients, has entered into a research collaboration with Dr Reddy’s, one of the global pharmaceutical companies, committed to accelerating access to affordable…
LONDON: Union Jack Oil, a UK focused onshore hydrocarbon company, has agreed to acquire a further 12.5% economic interest in PEDL180 and PEDL182 containing the Wressle hydrocarbon development project from Humber Oil & Gas Limited for a cash consideration of…
LONDON: Costain Group Plc, the smart infrastructure solutions company, has been appointed onto Anglian Water’s over £350 million new Strategic Pipeline Alliance. Under the eight-year contract, as part of the alliance, Costain will provide a range of integrated services including…
LONDON: TP Group provided an update on its development programme to build modular gas production equipment announced 16 April 2020. TP Group engineers at the Portsmouth technology centre have completed the first phase of the project by commissioning a single…