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Monday, June 17, 2019

Tag: companies

FGV winds up 2 of its companies

FGV has offered severance packages to a total of 135 employees from the two companies.

2 companies shortlisted for 3rd national car project

Minister says 'Look East Policy' was an important aspect in the selection of the companies.

The giant Chinese companies shaping the world’s industries

Here are some areas in which Chinese companies control a large piece of the global market.

Apple buyout targets could include Netflix, JPMorgan says

Investors are likely hoping that Apple uses its balance sheet strength to insulate the business against often-seen disruptions in the technology landscape.

Dollar vortex puts chill on earnings that may worsen in spring

The ICE Dollar Index jumped more than 10% from its low in February 2018 to its high in November, and its average level last quarter was 3% higher than the previous year’s period.

Shutdown makes it harder for boards to quash shareholder votes

The SEC hasn’t posted any responses to the requests since Dec. 19.

China to reduce restrictions on foreign investment

Commerce Minister Zhong Shan says China would allow full foreign ownership of companies in more areas of the economy.

Trump goes after pharma on Twitter as companies increase prices

Trump’s tweet says drugmakers are “not being fair to the consumer, or to our Country!”

From parcel delivery to security, Singapore bets big on drones

Companies have already started testing the devices for commercial use, mainly in an area of over 200 hectares (500 acres) dotted with high-rise buildings and shopping malls.

Despite talk of equality, women bosses still rare in the US

Some warn the situation is unlikely to improve with men unwilling to play the role of mentor to younger female colleagues in the era of the #MeToo movement.

Indonesian growth brings relief amid widening earnings misses

Consumer goods companies may benefit from the rebound in economic growth, while a rise in coal and other metal prices may boost commodity stocks.

US rejects French request for Iran exemptions, Le Maire tells Le...

According to French Finance Minister Bruno Le Maire, the United States rejected a French request for waivers for its companies operating in Iran.

China can hit US tech where it hurts in tariff response

China’s imports from the US aren’t large enough to match Trump’s tariffs dollar for dollar, but the country has other levers it could use.

Church of England to divest companies not backing Paris climate deal

The church’s governing General Synod passed a motion proposed by Canon Giles Goddard of its environmental working group committing the organization to sell shares in companies that haven’t lined up with the Paris goals by 2023.

Battling bigotry a new challenge for top Indian companies

The reputational risks to companies of an increasingly polarized political and social discourse online are relatively new in India, according to Kroll.

Goldman Sachs to invest RM2 billion in women-run companies

The program, Goldman Sachs second geared toward female entrepreneurs, will also help clients invest directly in private, late-stage companies or provide seed capital for women starting their own funds.

Sell here, avoid that: Shareholders told how to invest post-GE14

From dumping their shares to buying with caution, a capital management firm advises shareholders of well-connected Malaysian companies.

Penang companies donate RM2.5 mil to Tabung Harapan

Four companies in Penang have chipped in to the debt-relief fund which has collected nearly RM57 million.

Indonesia tries to get companies to hold more rupiah to stem...

The rupiah has been one of Asia’s worst-performing currencies this year and hit its lowest level since late 2015 at one point last week after being caught up in an emerging market selloff.

From July 1, spouse termed an employee for Socso coverage

Human Resources Minister M Kulasegaran believes the recognition will benefit 34,000 people.

Have registry of beneficial owners of firms to fight graft, says...

Transparency International Malaysia says the requirement for disclosure of beneficial ownership can help stop the proceeds of corruption from being laundered through investments in high-value property in Malaysia.

Improve the lot of women plantation workers, says Tenaganita

Tenaganita says much of the work of women in plantations involves lifting and carrying heavy loads and repetitive bending and squatting, but that they only earn RM40 a day.

Iran tries to unify currency to halt rial’s record slump

The government will sell the US dollar at a rate of 42,000 rials to all individuals and businesses.

Bill to make firms liable for graft gets praise from TI-M

Transparency International-Malaysia says although the amendment will come into force in two years time, it is a good start and will bring beneficial changes to the Malaysian business landscape.