Page 59 - Apac News Today

Message : Required fields SINGAPORE (Reuters) - Oil trader GP Global APAC Pte Ltd has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than $1 billion dollars in debt, according to a company director, lawyers and a court document. The parent, GP Global - a major global oil trader and ship fuel supplier based in the United Arab Emirates - said in July it would restructure the groups debt by selling assets after lenders scaled...

Rainbow-like glow re-emerges as Christians hold Luwum prayers Wednesday February 17 2021 A pilgrim captures the unique rainbow-like glow that appeared around the sun as Christians marked the anniversary of the martyrdom of Archbishop Janani Luwum in Mucwini, Kitgum District yesterday. PHOTO | COURTESY Summary According to meteorologists, a halo is the result of ice crystals in the high altitude clouds that are thin, patchy and sheet-like in appearance. These clouds are called Cirrostratus cloud...

Executive interview: Tapping APAC’s storage potential Lenovo’s head of storage in Asia-Pacific singles out the region’s market opportunities and predicts that the healthcare sector will go full-fledged with flash storage in the next year Share this item with your network: By Published: 17 Feb 2021 10:30 Having managed one of the largest storage clusters in the southern hemisphere for an Australian telco, Nigel Lee has lived on the cutting edge of data storage management. The storage ...

tanmayFebruary 17, 2021 Global Hydropower Market Size, Status And Forecast 2020-2026 Global Hydropower Market Size research report with COVID-19 impact is considered to be an accurate and deep assessment of the present industrial conditions along with the overall Hydropower market size estimated from 2020 to 2026. The study report also showcases a comprehensive analysis of the leading business programs, Hydropower future market share, and business-oriented planning, etc. The report investigates...

Nasscoms strategic review for the year showed that IT exports would touch $150 billion this year — 1.9% growth over last year.

(16 Feb 2021) Travelport has appointed Chua Hui Wan as Head of Agency Sales for Asia Pacific. Based in Singapore, the role marks a return to Travelport for Hui Wan, who previously held leadership positions in the company’s airline and agency groups between 2005 to 2013. An accomplished industry leader with more than 20 years of experience, Hui Wan was most recently Regional Director - APAC at Hotelbeds Group where she was responsible for delivering to...

Equity markets continued to rally during the APAC session as investors cheered vaccination progress. The UKs rapid rate of inoculations may underpin regional risk assets. FTSE 100 eyeing yearly highs after clearing key resistance. Advertisement Asia-Pacific Recap Equity markets continued to trudge higher during Asia-Pacific trade as progress in the distribution of coronavirus vaccines, and falling infection numbers globally, underpinned market sentiment. Australias ASX 200 climbed 0.7%, a...

Euro, EUR/USD, Fiscal Stimulus, Coronavirus Vaccinations, Q4 GDP Talking Points:

MTN Uganda, Fenix International Embark on Lighting Rural schools MTN and Fenix through the “Light up a Village” project light up schools to facilitate proper learning outcomes by increasing reading time, secure learning environment especially in the night as well as supporting teachers’ preparation for lessons. 1 minute read The MTN Uganda Foundation has partnered with Fenix International Uganda in project dubbed “Light up a Village” to light up over 56 schools from 24 districts —i...

Porsche is considering manufacturing options in Asia, with Malaysia in the mix It has been reported that German automaker Porsche is considering setting up an assembly plant in Kedah, Malaysia, in partnership with Malaysian conglomerate Sime Darby Bhds subsidiary Inokom Corporation. Sime Darby is already a distributor for Porsche in the region. Porsche reportedly aims to make Malaysia an Asian production hub. The development would be a very big boost for Malaysia as the assembly plant, when dev...