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CYBERJAYA: The Malaysia Automotive, Robotics and IoT Institute (MARii) is waiting for the government to approve the newly enhanced National Automotive Policy 2020 (NAP 2020) to ensure a faster recovery for the automotive industry post-Covid-19.
KUALA LUMPUR: Protracted economic stagnation in rich countries continues to threaten the development prospects of poorer countries. Globalisation and economic liberalisation over the last few decades have integrated developing countries into the world economy, but now that very integration is becoming a threat as developing countries are shackled by the knock-on effects of the rich world’s troubles.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd expects to strengthen its position as the region's leading polyethylene producer following a breakthrough in the mass production trial of metallocene linear low-density polyethylene (mLLDPE).
KUALA LUMPUR: Bank Negara Malaysia (BNM) says Lembaga Tabung Haji (LTH) has taken steps to strengthen its risk management practices to reinforce a sustainable and healthy financial position.
KUALA LUMPUR: Celcom Axiata Bhd targets an average annual revenue growth of 35% for its digital services segment over the next five years through the partnership with global ICT solutions provider Huawei.
PETALING JAYA: Fourteen oil fields in Malaysia, identified under the enhanced oil recovery (EOR) initiative, are targeted to produce between 750 million and one billion barrels of oil for the duration of fields’ economic life, depending on the condition of the fields and when these projects start up.
JOHOR BAHARU: Petroliam Nasional Bhd expects Malaysia’s first large scale enhanced oil recovery (EOR) project to boost oil production at the Tapis oilfield offshore peninsular Malaysia by up to 35,000 barrels per day from between 3,000 and 4,000 barrels currently.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects the implementation of improved oil recovery (IOR) and enhanced oil recovery (EOR) projects to contribute 150,000 barrels per day (bpd) to the domestic production by 2020.