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Taib honoured with Lifetime Achievement Award at IBR Awards 2023

KUCHING (Nov 4): Head of State Tun Pehin Sri Abdul Taib Mahmud was honoured with a special Lifetime Achievement Award for his dedication and commitment towards the growth of Sarawak. This was announced during the International Business Review (IBR) Awards 2023 gala dinner and presentation ceremon
Brunei General Datuk Michael Tiang Dato Beatrice Nirmala Datuk Amar Abang Johari Abdul Taib Mahmud

transport of: Festive cheer with minor headwinds; 6 logistics companies with upside potential of up to 38%

Last weekend, when the situation in Israel emerged. First thoughts on the street was that a sharp rise in the crude oil price is inevitable. Initial reaction was pretty much on the same line, however that spike did not sustain beyond one day. Is that an indication that the crisis in the most oil sensitive part of the world was not able to push oil prices higher than what would make them rise. While the whole of the Indian economy would like oil prices to stay low, one sector which would like it ...
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Logistics sector likely to add 10 million jobs by 2027: Teamlease Services

The logistics sector in India is expected to create 10 million jobs by 2027 as it undergoes a shift towards becoming more organized. Initiatives such as the Production Linked Incentive scheme and the PM Gati Shakti program are expected to drive growth in the industry.
Gati Shakti Teamlease Services Business Head Production Linked Incentive Pm Gati Shakti Programme Logistics Sector

mumbai: Bengaluru leads in rental growth in logistics sector in first half of 2023

The citys rental rate increased 7.5% year-on-year, reaching Rs 21.50 per square foot per month, compared with Rs 20 per square foot per month the previous year, Knight Franks Asia-Pacific Logistics Highlight H1 2023 report showed. Additionally, the city maintained a healthy vacancy rate of 15.8%, which was significantly lower than 28.2% earlier.
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power: REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors

"REC Limited signed an MoU with Punjab National Bank (PNB) on Tuesday to jointly explore the possibility to fund the Power Sector and Infrastructure and Logistics Sector projects under the consortium arrangement. REC and PNB will associate with each other to co-finance loans amounting to Rs 55,000 crore over the next three years," the statement said.
Punjab National Bank Punjab National Bank On Ministry Of Power Punjab National Power Sector Logistics Sector

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