Singapore

EMA: Singapore to begin trial electricity imports from Peninsular Malaysia end-2021

SINGAPORE: Singapore will be embarking on a two-year trial for electricity imports from Peninsular Malaysia to the republic, according to the Energy Market Authority (EMA). “To meet our climate change commitments, there is a need to change the way Singapore produces and uses energy. Tapping on regional power grids for cleaner energy resources is one strategy to further diversify Singapore’s ...

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Singapore plans to license more LNG bunker suppliers

The Maritime and Port Authority of Singapore (MPA) will launch a Request For Proposals (RFP) process in the coming weeks, to appoint additional LNG bunker suppliers as part of a plan to support the growing demand for LNG bunkers and increase the number of licensed LNG bunker suppliers in the country. The number of licences that MPA issues has not ...

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Cricket Business: PCB awards production rights of Pakistan cricket to Tower Sports -Sportzworkz combine consortium

The consortium of Singapore-based SportzWorkz and Tower Sports has been awarded production rights for the National T20 Cup, Quaid-e-Azam Trophy and the Pakistan-Zimbabwe limited-overs series, the Pakistan Cricket Board announced today. The rights were awarded following an RFP process that involved PCB’s pre-qualified production partners, PCB stated in a Press release. SportzWorkz and Tower Sports joint venture has also produced ...

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Delta Offshore Energy launches RFP for 25 year LNG agreement

Delta Offshore Energy has launched a request for proposal (RFP), the first of its kind for Vietnam, for a 25 year gas sales agreement. Delta Offshore Energy’s RFP tender is for the delivery of 2.5 – 3.0 million tpy over a 25 year period, on a delivery ex-ship (DES) or freight on board (FOB) basis to the offshore LNG regasification ...

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Vietnam’s Delta Offshore Energy seeks long-term LNG supplies

Delta is seeking 2.5 to 3 million tonnes per annum (mtpa) of LNG over a 25-year period and priced on either a delivered ex-ship (DES) basis or free-on-board (FOB) basis, the company said in a news release SINGAPORE: Delta Offshore Energy has launched a request for proposal (RFP) for a long-term contract to buy liquefied natural gas, the Vietnam headquartered company said on ...

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Lapses in procurement, grants disbursements and IT systems in public agencies: Auditor-General’s report

The Treasury, where the Ministry of Finance is headquartered.  SINGAPORE: The Auditor-General’s Office (AGO) found issues with some public agencies’ IT systems, processes in procuring services and grant disbursement practices, according to its annual report released on Monday (Sep 7). The report, which is an audit of government accounts for the financial year 2019/2020, covered all 16 government ministries and eight ...

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Eagle Hospitality Trust: Far East Consortium not proceeding with acquisition of controlling stake

SINGAPORE – Hong Kong-listed property conglomerate Far East Consortium International (FECIL) will not be proceeding with the proposed acquisition of a controlling stake in Eagle Hospitality Trust’s (EHT) manager, EHT’s manager said in a regulatory filing late on Thursday (July 23). On June 3, EHT had announced that FECIL had inked a non-binding conditional proposal with EHT’s sponsor Urban Commons. ...

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EMA seeks for two more LNG term importers

This is said to enhance competition and provide more options for gas buyers. The Energy Market Authority (EMA) are looking for up to two new liquefied natural gas (LNG) term importers for Singapore, according to an announcement. The authority has issued a request for proposal (RFP) wherein interested parties may submit proposals until 9 November. The proposals will be evaluated ...

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ASIA PACIFIC: SINGAPORE’S EMA LOOKING TO APPOINT MORE LNG IMPORTERS

Singapore’s Energy Market Authority (EMA) has issued a Request for Proposals (RFP) to appoint up to two new LNG term importers in order to ‘enhance competition and provide more options for gas buyers’. In a statement issued on Thursday (9 July), the EMA said: ‘Natural gas is one of four switches in Singapore’s Energy Story towards a more reliable, affordable ...

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Singapore-based Cube Highways, with over 8,500-km projects portfolio, yet to pay NHAI for road assets

Under the TOT model, publicly funded operational highway projects are given on a long-term (between 15-30 years) lease basis to domestic and foreign ‘patient capital’ investors. Singapore-based Cube Highways, with over 8,500-km projects portfolio, yet to pay NHAI for road assets Singapore-based Cube Highways and Infrastructure, an active player in the highway space in India with over 8,500-km projects portfolio, ...

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EMA seeking more LNG term importers for Singapore

THE Energy Market Authority (EMA) is looking to appoint up to two new liquefied natural gas (LNG) term importers for Singapore. It issued a request for proposal (RFP) on Thursday. The submitted proposals will be evaluated based on the ability to provide a reliable, secure and competitive supply of natural gas to the city-state, EMA said in a press statement. Proposals ...

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Eagle H Trust locked into exclusive talks with Far East Consortium

Committee in charge of the restructuring says it has had to abandon other expressions of interest Any change in control of the managers would require the consent of the shareholder of the managers, Howard Wu and Taylor Woods. PHOTO: EAGLE HOSPITALITY TRUST Singapore THE special committee taking charge of the restructuring and the strategic review of Eagle Hospitality Trust’s (EHT) business ...

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Genting’s EBITDA plunged 55% to $146.89m in Q1

Singapore Its flagship property Resorts World Sentosa took a severe hit from the pandemic. Genting Singapore saw its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) crash 55% YoY to $146.89m in Q1 from $329.68m in 2019, an SGX filing revealed. Specifically, the adjusted EBITDA of its integrated resorts business crashed 53% YoY to $159.26m. This was still blamed ...

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GEN Singapore warns of slow recovery as 1Q rev dips 37pct

The Covid-19 pandemic has been “absolutely devastating to the tourism industry across the world,” including Singapore casino complex Resorts World Sentosa, said its promoter Genting Singapore Ltd in a quarterly business update filed on Wednesday. The firm added its resort had been “severely affected” with disruption starting as early as the end of January, with things “worsening over the quarter”. ...

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Caring for people with special needs

From left: Mr Saez, Miss Goh and APSN Delta Senior School’s principal Mr Subash Lazar.  Pursuing a Bachelor of Arts (Majoring in Psychology) at James Cook University laid the foundation for Miss Goh Hui Ting to pave a career as a psychologist Growing up with an elder sister who has Down Syndrome inspired 28-year-old Goh Hui Ting to pursue a ...

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