The Energy Policy Administration Committee (Epac) has agreed to reduce a levy collection from gasoline and diesel users by another one baht and 60 satang per litre respectively from Wednesday. The levy reduction is part of urgent measures to tackle a short-term price hike in global oil after two refineries in Saudi Arabia were attacked […]
Read MoreTOKYO: China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars. But to date, hydrogen fuel cell vehicles (FCVs) have been upstaged by electric vehicles, which are increasingly becoming a mainstream option due […]
Read MoreAn Energy and Mineral Resources (ESDM) Ministry official said on Tuesday that the recent attack on oil facilities in Saudi Arabia would unlikely affect Indonesian oil supplies because the former’s production remained sufficient to fulfill export commitments to the latter. ESDM acting oil and gas director general Djoko Siswanto said Indonesia imported around 110,000 barrels […]
Read MoreIf the recent spike in global oil prices results in higher petroleum product prices, it will make Myanmar fuel imports more expensive, industry experts said. Global oil prices jumped 20 percent in the wake of the weekend’s attack on a Saudi Arabian oil facility that has removed 5 percent of global supplies, or an estimated 5.7 […]
Read MoreKUALA LUMPUR: The government is still looking at solutions for troubled Malaysia Airlines Bhd, which is majority-owned by Khazanah Nasional Bhd, Prime Minister Tun Dr Mahathir Mohamad said. “It’s not easy… we have done a lot. The previous government gave them RM6bil and sacked 6,000 people, and in addition, reduced the number of flights. “So, […]
Read MoreOnline retailer eBay has launched the “eBay SeaPass” shipping platform to support eBay sellers in Asean by simplifying retail order fulfilment and providing automated shipping. In Thailand, eBay said it would enable the faster handling of paid orders, saving eBay sellers time and money through an easy-to-use system that is available to them at no […]
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