BAYER AG said it does not foresee significant impact from the possible US recession on its Malaysian operations, and is reinforcing its commitment in the country by investing in a new office. The German company, which has been in Malaysia for over 35 years, has invested RM3 million in the new office to consolidate its various businesses under one roof. Bayer’s operations are represented by three divisions, namely Healthcare, MaterialScience and CropScience. In 2006, backed with a workforce of 200 people, Bayer group of companies in Malaysia registered over RM400 million in revenue.
(21-1-2008 New Straits Times)
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