Downstream Manufacturing News Today

Hailed by some as a blueprint for economic success, China's industrial policy really risks negative spillovers and impeding economic growth, writes Guangwei Li (ShanghaiTech University).

The meaning of Anwar’s Malaysia Madani. Extracted from internet: “Malaysia Madani is a policy framework and government slogan introduced by YAB Dato’ Seri Anwar Ibrahim, the 10th Prime Minister of Malaysia. MADANI is the Malay acronym, which stands for sustainability, care and compassion, respect, innovation, prosperity, and trust.” Anwar is PROBABLY my most ideal PM in comparison to the PMs before him. I use “PROBABLY” conditionally. He will definitely be the...

CALGARY, Alberta, July 27, 2023 -- Cenovus Energy Inc. generated nearly $2.0 billion in cash from operating activities, approximately $1.9 billion in adjusted funds flow and $897 million in free...

KUALA LUMPUR: Genting Plantations Bhd’s (GENP) net profit jumped to RM102.23 million in the third quarter ended Sept 31, 2021 (Q3 FY2021), from RM61.38 million recorded in the same quarter in 2020.

Earnings per share was 7.1 sen as compared to 10.18 sen in the year-ago quarter. Group revenue for the quarter under review was RM536.58mil, a 6% drop from RM569mil in the comparative quarter. Genting Plantations said in a statement that its downstream manufacturing recorded an Lbitda of RM5.9mil as compared to Ebitda of RM14.1mil in the previous corresponding quarter. "The outlook for the Downstream Manufacturing segment for the rest of this year will remain challenging due to the unfavourable...