. Exports of services grew at a lower rate as the results of the number of Chinese tourists contracted, due to the Phuket tour boat sinking incident, and the number of Russian tourists declined, due partly to
a negatively impact on North Asia market due to the boat accident in Phuket in July. As a result, Chinese tourists shifted to other leisure and beach destinations such as Japan, 3 ASIA’S BOUTIQUE
China, following the boat accident in Phuket, and Russia, following the sanction imposed by the US, and last but not least, 4.) other supporting factors, namely public investments driven by state-owned
Sulphur Fuel Oil is still present amongst ship fleets that have installed scrubbers and still has demand for electricity generation from Middle East. Fuel Oil and Dubai crack spread (FO/DB) increased by
slowing demand for high Sulphur vessel fuel, in preparation to the compliance for the use of Low Sulphur vessel fuel with Sulphur content not exceeding 0.5% in 2020, and Japan’s decreased importation of
enforceability of assets or guarantee ship as collaterals and the valuation of such collaterals shall apply, mutatis mutandis. Clause 8. Any sukuk issued under this Chapter shall have an agreement that the payment
each including respective solution guidelines. 2.4 Under-construction projects Only in case of high-value, time-consuming projects or assignments such as building or ship construction projects, disclose
Gross Refinery Margin. Meanwhile, demand for High Sulphur Fuel Oil is still present amongst ship fleets that have installed scrubbers. Fuel Oil and Dubai crack spread (FO/DB) declined by 7.84 $/BBL