Best Electricity has become the third energy retailer in Singapore in a week to announce it is closing shop. It cited “unexpected volatile conditions” for its closure in its Oct. 19 announcement on its website, saying it has made it “extremely difficult” to continue. The company will be gone by as early as Oct. 21. Its […]
Read MoreVietnam’s economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the COVID-19 pandemic. At the press conference on Monday, Nguyen Van Lam, Deputy Director of the HCM City’s Department of Labour, Invalids and Social Affairs said nearly 135,000 workers had returned to work […]
Read MoreThe baht opened at 33.37 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.30. The Thai currency is likely to move between 33.30 and 33.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht will fluctuate in the short term. The dollar was weakened by […]
Read MoreThe baht opened at 33.46 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.48. The Thai currency is likely to move between 33.30 and 33.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht would fluctuate in the short term. The market was in a […]
Read MoreSINGAPORE, Oct 16 — Most customers in Singapore are cushioned from the higher price volatility in the wholesale electricity market, which has been hit in the past fortnight by several factors such as an increased demand for natural gas and falls in coal and natural-gas production, said the Energy Market Authority (EMA). The power-industry regulator […]
Read MoreAlthough global coal prices have reached a record high, Vietnamese coal mining enterprises have still failed to increase revenue and profit, and some of them have even suffered losses. According to the International Energy Agency (IEA), the world average coal price has reached the highest level in history with a year-on-year hike of 110 per cent in […]
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