— Demand Surges for Advance Class Gas Turbines — YOKOHAMA, Japan, May 20 (Bernama-BUSINESS WIRE) — Mitsubishi Hitachi Power Systems (MHPS) ranks first in market share by megawatts for gas turbine orders in 2020 according to data obtained from McCoy Power Reports. First quarter global orders of 2,638 MW brought MHPS’…

KUALA LUMPUR, May 20 (Bernama) — PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL), recently concluded a Sale and Purchase Agreement (SPA) with Tiger Clean Energy Limited (TCEL) for the supply of liquefied natural gas (LNG) to TCEL’s LNG ISO Tank Filling Facility located at Bintulu, Sarawak. As part of the…

KUALA LUMPUR, May 19 (Bernama) — FWD Takaful Berhad (“FWD Takaful”) today launched FWD 4 A Cause, a digital social initiative to donate 10% from total contribution, which will be taken from the wakalah* fees to selected social enterprises or non-profit organisations (NGOs) with every participation of its online Takaful plan. Salim Majid…

KUALA LUMPUR, May 19 (Bernama) — PETRONAS, through its corporate social responsibility arm Yayasan PETRONAS, is reaching out to 757 residents from eight old folks’ homes with the contribution of hand sanitisers and dispensers to mitigate the spread of COVID-19, particularly amongst the elderly. Yayasan PETRONAS will be distributing the…

CHELMSFORD, United Kingdom, May 19 (Bernama-GLOBE NEWSWIRE) — Teledyne is supplying high performance charged coupled devices (CCDs) for COVID-19 diagnostic scientific instruments. These highly sensitive image sensors are used for low-light imaging applications such as microscopy and other scientific imaging techniques deployed for research and diagnostic testing of COVID-19. In the…

JAKARTA, Indonesia, May 19 (Bernama-AsiaNet) — Social Affairs Minister of Republic of Indonesia Juliari P. Batubara has urged PT Pos Indonesia CEO Gilarsi Wahyu Setijono to open more counters at post offices and prolong the distribution period of Cash Social Assistance (CSA) following President Joko Widodo’s instruction to speed up…

GREENWICH, Conn., May 19 (Bernama-BUSINESS WIRE) — Interactive Brokers Group, Inc. (Nasdaq:IBKR) today announced the launch of its new Mutual Fund Marketplace, which offers availability to more than 25,000 mutual funds, including over 21,000 no load and 8,300 no transaction fee funds, from more than 290 fund families. The marketplace, which…

KUALA LUMPUR, May 19 (Bernama) — PETRONAS through its subsidiary, PETRONAS Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 percent of its participating interest to ExxonMobil Exploration and Production Suriname B.V. (ExxonMobil) from a 100 percent participating interest in Block 52, offshore Suriname. Block 52 is located…

WASHINGTON, May 19 (Bernama-BUSINESS WIRE) — EIG Global Energy Partners (EIG) announced today the successful final close of EIG Global Project Fund V (GPF V or the Fund) with total commitments of $1.1 billion, nearly 50% higher than the Fund’s $750 million target. EIG also raised an additional $1.5 billion of…

KUALA LUMPUR, Malaysia, May 19 (Bernama-PRNewswire) — Eastspring Investments Berhad (“Eastspring”) announced the launch of the Eastspring Investments Global Balanced Target Return Fund (“Fund”). With a fund of fund strategy, the newly launched fund invests in a diversified portfolio of local and foreign Collective Investment Schemes (“CIS”) with exposure to…