second quarter of 2020. The strict lock down policy have been put in place for all countries around the world. All business sectors were impacted during this period, especially tourism sector, resulting
government’s Diesel fuel price ceiling to alleviate burden of the consumers and business operators within the transportation sector during periods of crude oil upsides. However, as the end of the year approached
1.35 $/BBL compared to Q3/ 2 0 1 7 due to pressures from demand in the tourism travel sector during the summer, therefore increasing the amount of air travel. Jet (Kerosene) / Dubai crack spread
growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to
, the government sector has continued to invest in infrastructure and public utility projects. Regional market and agricultural sector have also recovered. All of which should positively contribute to
Company Carnival Magic Project is a theme park, which is in the tourism and leisure business sector and the same business of the existing group companies. Therefore, this transaction shall enhance and
business of the Company Carnival Magic Project is a theme park, which is in the tourism and leisure business sector and the same business of the existing group companies. Therefore, this transaction shall
were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor
supported by the allocation and disbursement of the government’s budget and continued expansion in the export sector. Additionally, industrial production resumed growth leading to further expansion. As a
and Derivatives’ was previously called Olefins. The new nomenclature better reflects our sector following the consolidation of Huntsman assets. ** Combined PET includes Integrated PET, Specialty