SINGAPORE: Singapore-based ground handling services firm SATS is acquiring Paris-based Worldwide Flight Services (WFS) for S$1.65 billion cash, to create the world’s biggest global air cargo handler, the companies said. “This is a transformational opportunity for SATS and our proposed acquisition of WFS will create a global leader,” Kerry Mok, SATS’Continue Reading
TOKYO – Wall Street suits, run for the hills. So far this year, the surging dollar has left a trail of carnage across Asian and European economies, currencies and bourses. Now, it is likely headed for home territory. Count Michael Wilson, Morgan Stanley’s chief US equity strategist, as among those fearing the dollar’s rally is […]
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Though Pakistan contributes lower than 1 per cent of global greenhouse exhausts, it is among the top 10 most vulnerable nations to the effects of environment change, say scientists.Continue Reading
About a hundred college students from 18 institutions took part in this particular year’s education equity partnership programme, targeted at reducing disparities in educational opportunities among students in large cities and remote control areas, according to among the initiative’s leaders.Continue Reading
HappyFresh offers shut down operations in Malaysia and Thailand after struggling in those countries, making the embattled grocery delivery startup to focus on its main Indonesian market. Read full tale Continue Reading
Big industrial problems attract entrepreneurs with big ideas plus investors with a high risk appetite. Starting with good intentions, some end up being disastrous frauds since promised products end up being unachievable. How does this happen? Such situations are rare however, many entrepreneurs end up deceptive themselves and investors in the mistaken belief that obstacles is going to be overcome with […]
The article Methods to big problems – dreams, reality, plus fraud appeared first on Asia Times .
To reveal a lot more strategic plans locally and abroad Companions with Fullrich Malaysia, Allied Protocol Revenue Monster Group, the Malaysian financial technologies (fintech) company, introduced a successful private equity funding round and the putting your signature on of a memorandum associated with understanding (MoU) that will solidifies its mission to…Continue Reading
KUALA LUMPUR: Citi Malaysia has won the ‘Best International Bank’ at the 2022 Asiamoney Best Bank Awards. Read full storyContinue Reading
TOKYO (Reuters) -A Japanese consortium chosen in the first round of bids to restructure Toshiba Corp has decided to explore other options, Kyodo news reported on Wednesday. Read full storyContinue Reading
THE Philippine peso sank to a record low and other Asian currencies fell against the greenback on Wednesday ahead of a Federal Reserve interest rate decision that is likely to determine the direction of financial markets for months. Read full storyContinue Reading