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China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock amid a shortage of government crude oil import quotas for some of them, according to trade sources and data. Western sanctions over Russia’s attacks in Ukraine, including the looming Feb. …

A factory at Tan Tao Industrial Park (IP) in HCMC’s Binh Tan District has been blocked as the IP accuses it of delinquency. For over a month, the façade of Viet Sinh Co. Ltd’s factory, which specializes in producing heating resistors in Tan Tao IP, had been covered with barriers …

Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanisation driven by mass transit expansion. Saenphin Sukhee, chief executive of residential developer Frasers Property Home (FPH), said land prices in Bangkok continued to grow despite the Covid-19 pandemic with …