Singapore company invests in container terminals in Saudi Arabia
Saudi Global Ports (SGP), a subsidiary of Singapore's PSA International, and Saudi Ports Authority (Mawani) on April 13 inked an agreement worth 2.6 billion SGD (1.84 billion USD) to build two container terminals at the King Abdulaziz Port in Saudi Arabia’s Dammam.
King Abdulaziz port. (Photo: Seatrade-maritime.com)
Singapore (VNA) - Saudi Global Ports (SGP), asubsidiary of Singapore's PSA International, and Saudi Ports Authority (Mawani)on April 13 inked an agreement worth 2.6 billion SGD (1.84 billion USD) tobuild two container terminals at the King Abdulaziz Port in Saudi Arabia’s Dammam.
The agreement, in the form of Build, Operate and Transfer(BOT✅), will make SGP the sole container terminal operator of the Saudi Arabianport.
Under the deal, SGP will develop the port into a megacontainer hub and increase its annual handling capacity to an estimated 7.5million TEUs. SGPcurrently operates a container terminal located along the eastern coastline ofKing Abdul Aziz Port, which is an important deep-water hinterland port in theArabian Gulf serving the major provincial cities in the eastern and centralprovinces of Saudi Arabia./.
The Singapore government tabled a bill in parliament on April 7 that sought to ensure that a general election could be held safely if held during the COVID-19 pandemic.
About 9 billion SDG (6.3 billion USD) in support will be rolled out to families and businesses in Singapore in April as part of measures to help them overcome difficulties amid the COVID-19 opandemic, said Singaporean Deputy Prime Minister cum Finance Minister Heng Swee Keat.
Singapore is preparing to house hundreds of foreign labourers in accommodation vessels typically used for offshore and marine industry staff, in the context that the COVID-19 has been spreading rapidly in dormitories of guest workers.
Soaring air freight rates and rising cancellations of trips by cargo ships due to the COVID-19 pandemic have put further pressure on global supply chains. according to insiders.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
King Abdulaziz port. (Photo: Seatrade-maritime.com) 
