Sunday , May 5 2024

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18 missing after cargo ship sinks off southwest Japan

18 missing after cargo ship sinks off southwest Japan

Japan’s coastguard said on Wednesday that it had rescued four crew members from a cargo ship that sank overnight off the country’s southwest, but was still searching for 18 others. “At 7:14 a.m. (2214 GMT), four Chinese nationals were rescued but we’re still searching for the remaining 18 members,” a …

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Excitement for beach businesses as Thailand braces for Chinese deluge

Excitement for beach businesses as Thailand braces for Chinese deluge

Entrepreneurs on Thailand’s holiday island of Phuket are bracing enthusiastically for the long-awaited return of Chinese tourists, hoping China’s reopening and dismantling of its strict Covid-19 curbs can boost their flagging businesses. In the year before the pandemic, nearly a third of Thailand’s visitors were Chinese tourists, who once accounted …

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Binh Son Refinery posts $616M profit in 2022

Binh Son Refinery posts $616M profit in 2022

Binh Son Refining and Petrochemical, which accounts for one third of fuel supply in Vietnam, reported a net profit of nearly VND14.5 trillion (US$616.2 million) last year, up 115% from the previous year. In a financial statement, the company, which operates the Dung Quat Oil Refinery in the central province …

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