The Tencent-backed on-demand delivery company abruptly announced upon Thursday that it had run out of money, dismissing workers and leaving suppliers unpaid. Missfresh blamed a coal miner regarding failing to come via on a promised investment, but China’s Covid-19 restrictions have harm delivery operations and consumer spending. Read full story Continue Reading
Xiaomi Corp is facing difficulties getting regulating approval for its electric vehicle project in China, an unexpected challenge for the smartphone giant’s US$10bil (RM44. 49bil) carmaking endeavour. Read full story Continue Reading
Transformative activities led to 13 percent points in enhancementsFour types of modification actions outperformed peers A recent EY-Parthenon report noted that businesses that proactively began transformative actions throughCovid-19 pandemic saw outperformance by 13 proportion points (pp) depending on total shareholder earnings, as compared to reactive transformer repair. ÂTitled âTransformation in Southeast…Continue Reading
Alphabet Inc’s Google blocked access upon July 28 to some popular battle-royale file format game from South Korean developer Krafton, citing an order from the Indian government. Look over full story Continue Reading
SINGAPORE: After successfully inflating the cost of her damaged luggage in an insurance declare, a woman embarked on a series of fraudulent vacation claims totalling greater than S$14, 000. Siti Saliha Muhammad Hussain, 30, used photos of damaged goods, invoices, boarding passes and police reports that she found online, plusContinue Reading
TOKYO: Japan will be encouraging regional specialists to take their own counter-measures against the spread of the new coronavirus variant that has sent situations surging to record levels but there is no plan for any capturing national measures. A seventh wave of COVID-19 pushed the every day tally of newContinue Reading
Jack Ma is taking a weeks-long visit in Europe right after largely disappearing from public view for nearly two years, adding to signals that China’s authorities is easing pressure on the entrepreneur as he steps back from the business empire that will had made your pet one of the country’s most powerful people. Read full story Continue Reading
Responsible for scaling company, spearhead growth throughout the regionHas over two decades of company management, sales experience Cloud company Infor has announced the appointment of Isabella Kusumawati (pic) because vice president plus managing director meant for Southeast Asia and Korea. ÂBased in the companyâs local hub in Singapore, Kusumawati will be…Continue Reading
Alibaba will shut down functions of Tmall Hong Kong on Oct 31, as the company sharpens its focus on cross-border ecommerce opportunities. That move comes as no surprise, according to analysts, mainly because Hongkongers have plenty of online shopping platforms to choose from. Look over full story Continue Reading
KUALA LUMPUR: Malaysia’s human resources ressortchef (umgangssprachlich) on Thursday (Jul 28) said Philippines had agreed to lift the freeze on delivering its migrant employees to the country effective Aug 1, after the nearby neighbours ironed out worries surrounding workers’ rights. The entry of migrant workers will help Malaysia – theContinue Reading