belt & road initiative


SCMA, CMAC to jointly promote maritime arbitration

The Singapore Chamber of Maritime Arbitration (SCMA) has entered into a cooperation agreement with the China Maritime Arbitration Commission (CMAC) to promote maritime arbitration for the effective resolution of maritime disputes.

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Trade tensions not all bad, says Singamas chairman

The vagaries of the increasingly volatile global trading environment were seen in the first half results of container manufacturer Singamas Container Holdings as it revealed its small loss was due partly to hedging-related forex losses as the renminbi rose sharply earlier in the year.

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CMPort takes over control of Hambantota Port

China Merchants Port (CMPort) has taken over full operation at Sri Lanka’s Hambantota Port and paid out $292.1m as the first tranche of $973.7m it has agreed to pay for an 85% stake in the port, it said in a stock market announcement.

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