KUALA LUMPUR: Malaysia's Khazanah Nasional has the option to channel funds to low-cost carrier Firefly which could become the country's national airline if Malaysia Airlines was shut down, the head of the sovereign wealth fund was quoted as saying on Wednesday. The comments by Shahril Ridza ...
A decade-long economic expansion did little to narrow the gaps between the United States' prosperous and ailing areas, with thousands of "distressed" zip codes shedding jobs and businesses in a trend that laid the groundwork for the developing "K" shaped recovery from the coronavirus pandemic.
SINGAPORE: As the COVID-19 pandemic continues to take its toll on the aviation industry, many airlines are attempting to redirect operations and manpower to stay afloat. Carriers such as Singapore Airlines, Qantas and EVA Air have started offering services such as tours, dining experiences, and ...
SINGAPORE: Safeguards are in place to prevent companies from abusing the Jobs Growth Incentive (JGI), Manpower Minister Josephine Teo said on Wednesday (Oct 14) in Parliament. The JGI is a wage subsidy scheme aimed at encouraging firms to hire more locals. Under the S$1 billion programme, the ...
A top apparel industry watchdog has launched an investigation into underwear maker Jockey International's Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories, the watchdog told Reuters.
Twitter said Tuesday it had suspended several fake accounts purporting to be African Americans who support President Donald Trump and which had succeeded in garnering several thousand followers in just a few days.
Nearly nine out of 10 workers want to be able to choose whether to work from home or the office once COVID-19 workplace restrictions ease, and have greater autonomy over their hours, according to research from Cisco Systems .
Green hydrogen, low-carbon aviation fuel and electric trucks are among 55 clean technologies that can help the European Union to reach its goal of climate neutrality by mid-century, research by Capgemini Invent, part of Capgemini Group, showed on Wednesday.
Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan (US$3.7 billion), people with knowledge of the matter said.
SINGAPORE: Market values of new Build-to-Order (BTO) flats are determined by prices of comparable resale flats nearby, individual attributes of the flat and prevailing market conditions, said National Development Minister Desmond Lee in Parliament on Wednesday (Oct 14). Thereafter, a subsidy is ...
