Game changer through innovation in LNG trade
AS the world of LNG witnesses a resurgence of the demand for the precious supercooled fuel and the prices of the commodity are shooting up to the roof in Europe on the back of pipeline gas shortages following the Russia-Ukraine war, the port of Bintulu, located in Sarawak, Malaysia recently announced the onset of an […]
TAS slips into the red
KUCHING: Shipbuilder TAS Offshore Bhd has slipped into the red with group net loss to RM1.51 million for financial year ended May 31, 2022 (FY2022) from net profit of about RM1.9 million in the preceding year. This was despite a sharp increase in group revenue to RM57.5 million from RM34.9 million year-on-year. Losses per share […]
CPO prices not dip below RM4,500 per tonne
ALOR GAJAH: Crude palm oil (CPO) prices are not expected to fall below RM4,500 a tonne, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin. She said that CPO prices were expected to drop by the end of the year but this had occurred earlier as a result of Indonesia’s palm oil export ban and […]
Govt to find solutions to rising construction cost
KUALA LUMPUR: The government is determined to find solutions to the sudden surge in construction costs as a result of the Russia-Ukraine conflict as it is affecting house prices, said Prime Minister Datuk Seri Ismail Sabri Yaakob. In this regard, he said the National Affordable Housing Council (MPMMN) would find solutions to address the problem […]
When prevention is better than cure
WE are all familiar with the conventional saying that “prevention is better than cure”. In these times of uncertainty driven by the outbreak of the COVID-19 pandemic and now the Russia- Ukraine conflict which threatens the world with a wider conflagration and has the potential to drag the whole world into a global wide conflict […]
The drums of war are beating
It was close to midnight on March 5, 2022, at Tanjung Batu in Bintulu, Sarawak when I finished composing a poem. One through which I tried to evoke the emotions that were gripping me at that late hour. I like the quiet hours in the mornings and those towards midnight or even slipping past the […]
The Russian bear hug!
Never think that war, no matter how necessary, nor how justified, is not a crime. — Ernest Hemingway, American novelist Yet another war, and more lives have been lost. This time the Russian armed forces on February 24 invaded Ukraine, the second-largest country by area in Europe after Russia. Out of its population of 43 […]
Spain to send ‘military hardware’ to Ukraine
MADRID: Spain will supply weapons directly to Ukraine following Russia’s invasion, Prime Minister Pedro Sanchez said Wednesday, two days after declaring Madrid would only contribute via an EU funding mechanism. The move came after pressure on Sanchez’s left-wing coalition government to take a more proactive approach to the war raging on Europe’s eastern flank. “Spain […]
Russian invasion snowball effect
KUCHING: In the past week, the effects of the ‘Russian Invasion’ as dubbed the Americans have led to a series of tremendous disruptions. From the cities and citizens of Ukraine to the global relations and political influences, Russia has stirred up the status quo of the entire global economy. With sanctions and strikes happening almost […]
War may lead to dire consequences, warns Voon
KUCHING: An opposition politician suggested that the government may need to think about stockpiling food, especially sugar, rice and oil to overcome possible food shortages triggered by the war between Russia and Ukraine. “At the same time, the government needs to ensure that the country have enough supply of medicines and medical equipment in the […]
