Petronas: Recovery outlook in 2022 to remain fragile, uncertain
Vice-president of group procurement Freida Amat said industry players need to ensure projects and production remain feasible.
Corporate Buzz
Chinese, German automotive firms pursue mutual benefit
Chinese companies are accelerating their foray into Europe, with Germany as a key market, with electrified vehicles.
Baidu readies for imminent metaverse app launch
Translated as "land of hope", Xirang will allow up to 100,000 people to take part in a virtual reality conference simultaneously.
Daihatsu to electrify all new vehicles by 2030
The company also said it plans to launch an electric mini-vehicle by 2025.
Polestar debuts in Korea, targets premium EV market
Starting with Polestar 2, Polestar Korea will be introducing at least one premium EV each year until 2024.
SenseTime delays HK IPO, but will resume ‘soon’
The company did not indicate when it would resume the sale of 1.5 billion shares, at a price range of HK$3.85 to HK$3.99 per share.
9 Swedish firms in S’pore to double paid paternity leave to 4 weeks
The #DoubleUp pledge is a step towards gender equality and creating a corporate culture that encourages fathers to be there for their babies.
Boeing to expand aircraft conversion capacity in China
Boeing forecasts that 1,720 freighter conversions will be needed over the next 20 years.
Li Ka-shing-backed WeLab to launch digital bank in Indonesia
Indonesia is one of the largest financially under served markets in Asia.
Alibaba plans units for expansion
In its last quarterly earnings, the company announced its annual active consumers overseas reached 285 million.