Page 3 - Ivan Tan News Today

ROAD accidents happen for a number of reasons including drink driving and dozing off behind the wheel.

Less than a year into his new role, Shell Malaysia chairman Ivan Tan has set his sights firmly on steering the oil and gas company on a transformational journey to become a net zero emissions energy business.

Sarawak Shell Berhad (SSB) and Petronas have signed a Joint Study and Collaboration Agreement (JSCA) to collaborate on carbon capture and storage (CCS) opportunities, particularly in the study for suitable CO2 storage locations in Malaysia.  It would help both parties build sustainable and carbon-resilient portfolios in the upstream by identifying suitable potential CO2 storage and management solutions.  These can also be utilised by other local and regional industries as part of their...

Sabah Shell Petroleum Company Ltd, the operator of the Malikai Tension-Leg Platform (TLP) located off the coast of Sabah, announced the completion of Phase 2 of the Malikai development.  The project, which involved the deep offshore drilling of two additional oil producing wells and four water injection wells will enhance the recoverable oil volumes from the field and address the declining volume from some of the older wells developed under Phase 1.  In addition to the installation of ...

Shell Malaysia today announced a partnership with the Malaysian Red Crescent Society (MRCS) and Mercy Malaysia to provide critical relief and assistance to vulnerable communities impacted by the Covid-19 outbreak, as well as urgently support […]

The Merdeka Award is back to honour and celebrate Malaysia's most innovative and extraordinary minds for the advancement of the country and society, with the focus this year being the Merdeka Award Grant for International Attachment. First introduced in 2012 as a complementary extension to the Merdeka Award, this grant aims to encourage deserving young Malaysians to become leaders of the next generation in their respective fields, the Merdeka Award Trust (MAT) said in a statement.

Shophouses have always had a cool factor about them. But these icons of Southeast Asian architecture are now sought-after by local and foreign investors alike for reasons beyond that

When you think of Singapore, the things that come to mind immediately are its multi-cultural cuisine, swanky malls and high-rise residences. Amidst these, and in complete contrast, are its bold, bright and ornate shophouses. As the name suggests, these often two- to three-level buildings, have shops on the lower levels and residences above—they used to house the merchants and owners of these shops in the 19th century. They are an integral part of Singapore’s heritage, and for years now loca...

According to Knight Frank’s Wealth Report 2021, the number of Ultra High Net Worth Individuals—with a net worth of US$30 million inclusive of their primary residence—in 2020 went up by 10.2 per cent from 2019 despite the pandemic-led recession. “Besides other luxury properties in Singapore, shophouses also provide a draw for such investors looking into niche commercial space with cultural character,” says Sai.    The number is steadily rising, notes Clive Chng, associate di...

KUALA LUMPUR (Bernama) -- Malaysian banks asset quality recovery is expected to be protracted beyond this year and is looking at returning to pre-COVID levels by 2023, said S&P Global Ratings. South and Southeast Asia (SSEA) Financial Services Ratings director, Ivan Tan said this was because of the delayed economic recovery due to the third wave of COVID-19 which had negatively impacted the banks. "Another factor is that the proportion of loans under moratorium or restructured loans remain high...