SEC initiated the regulatory guillotine scheme with the key objectives of streamlining procedures, processes and documents required to be submitted to SEC and revising or repealing the existing regulations to remain only those necessary and consistent with current situations. These efforts aim to strengthen business sectors’ competitiveness, and reduce operating costs of private sectors and burdens on private sectors and the public in line with the principles under Section 77 of the Const...
addition, the overall audit quality of auditors in the capital market continues on the upward trend as well, with 96 percent of the auditors approved by the SEC in 2021 receiving the Good to Very Good
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
for polyester fiber sector, PIA demand also got impacted due to lower demand in UPR and coating sectors which are linked to construction industries. IVL continues its journey to create a r-PET capacity
the buying of Mixed Xylene (MX) as feedstock to Paraxylene, we have been able to create a natural hedge. MTBE and MX, both being gasoline blend components, have very similar price points with over 90
China. Gasoline-Dubai crack spread (UNL95/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and Gasoline-Dubai crack spread (GO/DB) were especially affected. This turn of events have led the refinery
, especially retail market sales which increased 9% from the Company’s policy which continues to prioritize retail market expansion. Nonetheless, sales volume slightly declined from the previous quarter. Due to
. 47 million barrels of oil trading transactions, the main product contributing to the transaction were gasoline, crude oil, fuel oil, and naphtha. The increase in revenue was for new countries such as
liable to offering for sale and giving trading service of digital tokens without license; however, the company’s public solicitation for investment in digital tokens still continues to be found.The