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KUALA LUMPUR: Globaltec Formation Bhd's subsidiary NuEnergy Gas Ltd has announced the discovery of natural gas in the Muara Enim Production Sharing Contract area.
PT Orient Technology Indonesia, a 90% Malaysian-owned company, plans to raise Islamic bond of US$120mil soon to finance the development of the International Feeder Port of Tanjung Api-Api in southern Sumatra, Indonesia.
JAKARTA: Indonesia has sealed parts of palm oil and timber concessions owned by 10 companies on Borneo island after a spate of forest fires, authorities said on Thursday, warning those involved in forest burning would be severely punished.
KUALA LUMPUR: NuEnergy Gas Ltd, a subsidiary of Globaltec Formation Bhd, has entered an agreement to increase its participating interest in the Muralim Production Contract (PSC) in South Sumatra.
Kumpulan Darul Ehsan Bhd (KDEB) has entered into an agreement with PT PLN (Persero), a utility company in Indonesia, to build a RM50mil mini hydro-electric plant in Kabupaten Solok, West Sumatra.
Chin Teck Plantations Bhd, which made its second foray into Indonesia last year, plans to cultivate 2,000 to 3,000ha of oil palm trees in Sumatra this year.
KUCHING: Sarawak Cable Bhd (SCB), which will build its first mini hydro-power plant in North Sumatra, Indonesia, plans to develop several similar projects in Peninsular Malaysia.
BANGKOK: Lockdowns to contain the novel coronavirus in Asia have made farmers and indigenous people more vulnerable to losing their land, according to land rights activists who are backing new technologies to help track the growing number of conflicts.