Search Results for: Malaysia

PETRONAS, Malaysia’s state-owned oil and gas (O&G) company, plans to increase the country’s O&G production and resource addition at a compound annual growth rate (CAGR) of 3.5% over the five years 2013 through 2017.

This target follows Petronas’ announcement in January 2013 of plans to spend MYR186 billion (USD56.7 billion) on the country’s O&G sector over the next five years, and to increase significantly its production activities for both hydrocarbons.…

THE IDEA of an international airport terminal that sits in a lagoon instead of on land is groundbreaking, but if it makes sense anywhere it is probably in the Maldives. The Indian ocean archipelago has a thriving tourist industry based on its natural beauty with “pristine water, deserted islands, white coral sandy beaches, mild weather and an unpolluted sky,” stressed a designer of the proposed Hanimadhoo airport.…

BARACK Obama seems ready to accept an extension of the African Growth and Opportunity Act (AGOA) for another 15 years before it expires in 2015, but sub-Saharan African textile manufacturers might have mixed feelings.

African ambassadors in Washington DC have been under strict instructions from their governments to lobby the United States Congress to renew the law, forming an ambassadors’ AGOA working group led by Ethiopian ambassador Girma Birru.…

BANGLADESHI consumers have traditionally relied on unbranded meat from butcher shops—unmindful of hygiene and food safety. But a growing army of time-constrained, safety-conscious corporate workers are turning to superstores seeking ready-to-cook meat.

Practicing microbiologist Tasmin Aziz represents a new breed of white-collar executive, who finds little time to prepare protein-rich food herself.…

PAKISTAN meat sector executives believe their export sector is underperforming, failing especially to seize sales in affluent international halal markets.

With an estimated annual output of 2.2 million tonnes, Pakistan is the 19^th largest producer of meat in the world.…

THE BIG question for mobile operators today is how to make an honest buck tomorrow, when Internet connectivity is getting so fast, over-the-top (OTT) service providers are becoming increasingly competitive. Some specialists predict operators will essentially become utilities, offering basic network services, leaving the cream to content and OTT companies.…

ISLAMIC banks are big business in the Middle East and Southeast Asia, but not thus far in sub-Saharan Africa. The World Bank’s International Finance Corporation (IFC), however, recently took a USD5 million, 15% equity stake in Kenya’s Gulf African Bank (GAB) to support corporate finance and lending to small and medium businesses – its first in the sub-Saharan Islamic bank sector.…

CONSUMERS in Asia and the Middle East are continuing to grow the market for halal cosmetics – until now, a relatively overlooked industry in halal certification – but suppliers are struggling to keep up with demand. Meanwhile, non-Moslems in the west are starting to buy these products, attracted by their natural and mild ingredients.…

JAPAN’S paint and coatings industry has enjoyed steady growth over the last couple of years, with demand growing both at home and abroad, although some of the biggest names in the industry here remain concerned about the longer-term outlook for the sector.…

To meet apparel and textile brands’ desire to move into fast fashion, manufacturers have begun to embrace new production processes that improve efficiency and performance. Apparel and textile manufacturers have been slower than many other manufacturing industries to embrace supply chain improvements in speed, but are now succumbing to pressure from brands moving into fast fashion retail.…