Gas

30.4 per cent of real estate companies ceased operations in the first five months The information was published at a conference organised by the Vietnam Association of Realtors (VAR). According to VAR, the revenue of these companies dropped by 6.46 per cent and the after-tax profits decreased by 38.6 per cent on-year. In this difficult context, many companies had to dismiss staff. Five of the 20 real estate companies with the largest lay-offs included Dat Xanh Group (41 per cent of all employees), Dat Xanh Real Estate Service JSC (45 per cent), NovaGroup (20 per cent), Sunshine Homes (16 per cent), and An Gia Real Estate Investment and Development Corporation (29 per cent). According to information from the Ministry of Construction, from early this year, real estate companies continually voiced their concerns about accessing loans, issuing bonds, and mobilising capital from customers. In addition, the foreign currency ratio, the increase in the price of gas, and the soaring … [Read more...] about 30.4 per cent of real estate companies left market in first five months

Malaysia n Prime Minister Anwar Ibrahim chairs the National Science Council Meeting at the National Science Centre on June 7. (Photo: bernama.com) Kuala Lumpur (VNA) – Through the implementation of the Hydrogen Economy and Technology Roadmap ( HETR ), Malaysia will be well positioned to profit from the global green hydrogen market, which is forecast to reach 189.19 billion RM (41 billion USD) in 2050. Prime Minister Anwar Ibrahim said that the market value for Malaysia can reach 3.1 billion USD in 2030. The HETR implementation is expected to generate up to 12.1 billion RM in revenue with an estimated contribution of between 49 billion RM and 61 billion RM to the country's Gross Domestic Product (GDP) by 2030. Besides, HETR will also be able to provide many socio-economic benefits to the country by generating up to 45,000 job opportunities. Anwar said HETR will support the country’s Low Carbon Nation Aspiration 2040 under the National Energy Policy 2022-2040, … [Read more...] about Malaysia bolsters development of clean energy market