Straits receives approval from Marine Department to commence operation for Asia’s Largest STS Energy Transhipment Hub in Labuan

KUALA LUMPUR, Aug 2, 2021 – (ACN Newswire) – Straits Inter Logistics Berhad (“Straits” or “Company”), a Bursa Malaysia Listed Company, announced today that Victoria STS (Labuan) Sdn Bhd (“Victoria STS”) had received approval from Marine Department Malaysia on 30 July 2021 to commence operations to develop an integrated offshore Ship-to-Ship Transhipment Hub. The Company…

Namibia: The Perfect San Storm

[Namibia Economist] The year 2021 has not brought any respite to Namibia from the tragedy and hardship that befell the nation through the COVID-19 pandemic. In fact, things have gotten worse and everyone is just battling to stay alive and trying to manage with the assets, resources and infrastructure that is available.

Weaker dollar, sliding yields prop up gold after selloff

Article content Gold prices ticked higher on Monday, propped up by a weaker dollar and U.S. bond yields, though an uptick in risk appetite took some shine off the safe-haven metal. Spot gold rose 0.1% to $1,816.01 per ounce by 1:44 pm EDT (1744 GMT), having hit a session low of $1,804.49, while U.S. gold…

U.S. Senate pushes ahead with $1 trillion bipartisan infrastructure bill

Breadcrumb Trail Links PMN Business Author of the article: Reuters David Morgan and Makini Brice Publishing date: Aug 02, 2021  •  18 minutes ago  •  3 minute read  •  Join the conversation Article content WASHINGTON — The U.S. Senate will try to complete work this week on a $1 trillion infrastructure investment bill that would bring…