Oil prices fell with crude futures hitting six-and-a-half lows, exacerbating worries about Malaysia’s exports. SINGAPORE – Malaysia’s ringgit hit a new record low against the Singapore dollar on Friday (Aug 14), after the Malaysian unit slumped to a fresh 17-year low versus the US dollar. The ringgit continued its fall against the US dollar, hitting a new low of RM4.0275, largely due to the devaluation of the yuan. He said the slowdown was due to Bank Negara guidelines for banks to be more prudent when providing loans as well as increased construction cost due to the Goods and Service Tax (GST). If the government would consider providing an additional RM250 to its BR1M provision for each eligible households and single individuals as the supplementary allowance, total BR1M payment for eligible recipients in 2015 would amount to around RM6.7bil. This job is included in the Healthcare Industry, making Healthcare the single American industry requiring the most manpower.

Daily news and information about Asian oil and gas industry. Because oil and gas is one of sectors with earliest international integration in Vietnam, workers in this sector have acquired these important skills. One way or another, it is still monetary subsidy provisions by the government. One such company goes by the name of Goldfield Oil and Gas LTD. Charcoal BBQs are better than their gas and electric counterparts. Electric central heating is still a popular form of heating, the electricity powering two quite different mechanisms. PETALING JAYA: China’s central bank adjusted the yuan downwards for the second consecutive day, sending markets and currencies reeling. The devaluation of the yuan has sparked concerns that China’s economic slowdown was more severe than anticipated and the central bank had to devalue the currency to export its way out of the situation. However it needs to be pointed out that landowners in Texas are WINNING millions in law suits because gas pipeline easements often cause significant damages to property beyond the easement area.

The Malaysian Institute of Estate Agents (MIEA) president Eric Kho said property remained a sound investment despite the current economic climate. The re-election of US President Barack Obama helped a little. By Manokaran Mottain, chief economist at Alliance Bank Malaysia Bhd. There was a “bloodbath” on Bursa Malaysia where about 90% of the 1,000-odd stocks listed closed lower. Airline stocks in Asia, meanwhile, tumbled. Against the Singapore dollar, the ringgit tumbled 1.55 per cent to 2.9109 as at 11:45am from its close of 2.8665 on Thursday. On a year-to-date basis, the ringgit is the worst performer among its Asian peers, and is down 13.33%. This is followed by the Indonesian rupiah, South Korean won and Thai baht at 9.88%, 8.35% and 6.99%, respectively. And when the price got down into our strike range, we went after it. Since last Thursday, the index has been down by 116 points. The region’s three biggest economies now appear to be confidently over the hump following the Tokyo and South Korean elections last week and Beijing’s leadership “jockeying” resolved by last month.

North Korea’s rocket launch last week adds to regional uncertainty. It recovered some ground to trade at 4.0660 to the US dollar at 2:04pm, bringing its loss this week to about 4.5 per cent. But then why do refineries and pipes, gas station/distribution entities trade at double or triple or more the payback term? The guiding rate is the band within which the yuan is allowed to trade. While a weaker exchange rate helps lower export prices it makes imports more expensive. Malaysia’s ringgit fell for a sixth week, the longest losing streak this year, as a slump in crude oil prices threatens to crimp government revenue in a nation that’s a net exporter of the fuel. PETALING JAYA: The depreciation of the ringgit will not lead to real estate prices crashing. “The fact that the ringgit is a high-beta currency also didn’t help,” he said, referring to a measure of volatility.

“The ringgit strengthened today because of the increase in crude oil prices,” said Saktiandi Supaat, the Singapore-based head of foreign-exchange research at Malayan Banking Bhd. “The drop in commodity prices, especially crude oil, is to be blamed for the ringgit weakness,” said Wong Chee Seng, a foreign-exchange strategist at AmBank Group in Kuala Lumpur. The ringgit is Southeast Asia’s worst-performing currency in the second half as Brent crude lost 29 percent since the end of June. The ringgit depreciated 0.3 percent from Nov. 14 to 3.3555 per dollar in Kuala Lumpur, according to data compiled by Bloomberg. Issues such as data veracity concerns, bias in models, data security threats and a lack of metadata management may significantly impede a successful digital transformation. The yield on the 4.181 percent securities maturing in July 2024 rose three basis points to 3.9 percent, data compiled by Bloomberg show. In addition, the City of Adrian would follow the good old tradition of being a shining example of responsible citizenship and show the way to the private residents of Adrian and Lenawee County.