In a recent flight test ahead of its commercial operation scheduled in late February, China’s self-developed C919 narrow-body passenger jet ran into a problem. Chinese media reported that a C919 jet of China Eastern Airlines took off at the Shanghai Hongqiao International Airport at 9:45am on February 1 and landed at the Beijing Capital International […]Continue Reading
SINGAPORE: Deliveroo will lay off a portion of its global staff, with roles at all levels of the company affected. In an internal memo to employees seen by CNA, Deliveroo founder and Chief Executive Will Shu said that around 9 per cent of company’s workforce, with approximately 350 roles cut, although the actualContinue Reading
SYDNEY: Most Asian shares tracked Wall Street lower on Thursday, as a number of Federal Reserve speakers echoed Chair Jerome Powell in saying that interest rates are set to go higher, capping risk sentiment, while the dollar hovered near one-month highs. Read full storyContinue Reading
More than 17,000 jobs are expected to be created in the coming years from investment commitments.Continue Reading
The crisis and scandal swirling around India’s mega-powerful Adani Group heightened this week as hundreds of members of India’s opposition parties took to the streets to demand an investigation into allegations by a US. short-seller against the conglomerate. It triggered the Adani Group share price to go into freefall. Market losses have now exceeded US$110 […]Continue Reading
Ubiquitous marketplace with personalised commerce, precise delivery network, and metaverse
Looking beyond 5G as rules of engagement shifts and consumer wants convenience E-commerce has exploded exponentially, especially in the recent few years.
Â
The Department of Statistics Malaysia, DOSM, reported that Malaysiaâs income on e-Commerce transactions surpassed the US$232.188 billion (RM1 trillion) mark for…Continue Reading
Funding marks next step of firmâs expansion into global marketsÂ
Cocoon Capital, Entrepreneur First & Michael Gryseels participated in this round PixCap, a web-based 3D design platform that allows users to find, create and export 3D designs in minutes announced its US$2.8 million (RM12 million) seed funding led by Surge, the rapid…Continue Reading
A type of durian unique to the southern border province of Yala has been given official geographical indication (GI) designation, which should help sales and increase growers’ income, according to Deputy Commerce Minister Sinit Lertkrai.Continue Reading
When the history of China’s Belt and Road Initiative (BRI) is written, it’s unclear how much there will be to say that is positive. After spending more than US$1 trillion to build a network of infrastructure projects across emerging-market countries designed to connect large portions of the global economy to Beijing, cracks are beginning to […]Continue Reading
The United States, Canada and Britain are facing an ever-deepening opioid crisis that is destroying lives, families, and communities. The magnitude of the problem is staggering, and it continues to accelerate at a pace that may soon undermine social stability across much of the West. According to the National Center for Health Statistics of the […]Continue Reading