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Iris Corp Bhd expects a surge in the use of chip embedded passports globally by the end of next year, according to its managing director Datuk Tan Say Jim.
SMART-card operator Iris Corp Bhd is looking at all options, including a cash call, to cut its gearing ratio to below one in the current year, from 1.75 now, and at the same time, explore opportunities to extend its reach to more countries in a bid to build up its business base.
Malaysia's civil aviation standards are at par with those of some of the the most developed nations of the world.
Malaysia hopes that the current International Civil Aviation Organisation (ICAO) assembly will take into account the different levels of aviation industry development among its 190 members before imposing any decision related to aviation greenhouse gas emissions.