Page 2 - Son Refining News Today

Singapore has launched a centralised digital platform that enables banks to voluntarily share information with one another about suspicious customers.

The Hai Phong Economic Zone Management Board is set to begin the process of selecting investors for a waste-to-energy project in the northern port city.

Indonesia will be able to cut domestic prices of electric vehicles by up to 30% by manufacturing its own EV batteries, said Minister of Industry Agus Gumiwang Kartasasmita.

Thai Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai has believed that the country can export more jasmine rice to Italy, as India has restricted its exports and two other exporters have been deprived of their tax privileges by the EU.

Binh Son Refining and Petrochemical JSC is establishing itself as a transparent and globally appealing player in Vietnam’s refining industry and energy sector.

Binh Son Refining and Petrochemical JSC (BSR) has just been assigned a rating of BB – the outlook is positive – and a standalone credit profile of BB-.

Contrasting Q2 results have been recorded across upstream, midstream and downstream firms in the Vietnamese oil and gas industry.

Major petroleum enterprises are planning to increase petrol imports to compensate for the shortage of petroleum supply due to the temporary closure of Nghi Son Refinery Plant for maintenance from Aug 25.

Twenty one companies with a billion-dollar market capitalization on the Vietnamese stock market owned VND318.27 trillion ($13.45 billion) in cash and deposits as of June 30.

The MoF has reduced taxes on petrol imports in what it says is a periodic adjustment based on operational reality.