Manila: The Philippines’ Bureau of Immigration (BI) has issued a warning about the increasing number of Philippine trafficking victims who are illegally departing the country through backdoor routes to work in Philippine offshore gaming operators (POG…
Author: lwadmin
First Solar-Powered Electric Boats to Navigate Singapore River Next Month
Brussels: Solar-powered electric boats will soon ply the Singapore River, with two of 10 such vessels going into service next month. Manufactured by local maritime start-up Pyxis, these new boats named Pyxis R will replace half of river cruise operato…
European Union Registers Trade Deficit of 5.4 Billion Euros
Brussels: The Community statistics office Eurostat reported today that the European Union (EU) registered a deficit of 5.4 billion euros in its international trade. This deficit pertains to the trade of goods with the rest of the world during January …
Government to Advance Cloud Computing for Enhanced Data Infrastructure
Seoul: The government will push for the development of cloud computing technologies to bolster the data infrastructure of the country as part of efforts to foster new growth engines, the finance ministry said. The Ministry of Economy and Finance annou…
LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte
The Maasvlakte site, a joint venture between LYB and Covestro. MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is […]
Motion Ventures launches largest-ever maritime tech fund at $100M to meet the industry’s new pace of adoption
The venture firm’s landmark second fund also grows its strategic backing to more than 17 industry corporations, making it the only consortium of this size for the maritime value chain Singapore, March 18, 2025 (GLOBE NEWSWIRE) — Motion Ventures has unveiled its US$100 million second fund (Motion Ventures Fund II or “Fund II”) the largest […]