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Malaysia’s Petronas attracts PTT to Sarawak

PTT Plc, the national oil and gas conglomerate, has expressed interest in buying a stake from Malaysian state-owned oil and gas company Petroliam Nasional Bhd (Petronas) in a large upstream Sarawak gas field. PTT president and chief executive Tevin Vongvanich said yesterday that the group is ready to consider the deal once Petronas confirms its […]

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Philippines: Japan, China firms eager to enter Phl

MANILA, Philippines – Japanese and Chinese companies are looking at investing and partnering with Philippine firms amid the bright prospects brought about by the sustained growth in the economy. Security Bank Corp. president and CEO Alfonso Salcedo Jr. said it has partnered with Japan’s Mitsubishi UFJ Finance Group Inc. (MUFG) to arrange close to 200 […]

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