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Samsung may suspend operations at China mobile phone factory – Electronic Times

Samsung may suspend operations at China mobile phone factory – Electronic Times

<p>SEOUL: Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labour costs, the Electronic Times reported on Monday.</p> © New Straits Times Press (M) Bhd

August 13, 2018 | By | Reply More
Samsung may suspend operations at China mobile phone factory

Samsung may suspend operations at China mobile phone factory

Samsung is reported to consider suspending the production of mobile phones this year due to slumping sales and rising labour costs. The Samsung logo is seen in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji/File Photo SEOUL: Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China […]

August 13, 2018 | By | Reply More
June natural rubber output up 16.3%

June natural rubber output up 16.3%

PETALING JAYA: Malaysia’s natural rubber production in June 2018 increased by 16.3% to 41,578 tonnes from 35,761 tonnes in the previous month, according to Department of Statistics. For year-on-year, the production decreased by 17.9%, it said in a statement today. It said the average price of latex concentrate was recorded at 439.83 sen per kilogramme […]

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Utusan's share price flat on private placement news

Utusan's share price flat on private placement news

PETALING JAYA: Utusan Melayu (Malaysia) Bhd’s share price remained flat at 20.5 sen in early trade on news of payment defaults and a proposed private placement exercise. The stock opened at 20 sen and rebounded to its reference price of 20.5 sen. At 11am, it was still trading at 20.5 sen. On Friday, the group […]

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Zecon's share price fall 6.84% on action against JKR

Zecon's share price fall 6.84% on action against JKR

PETALING JAYA: Zecon Bhd fell 6.84% to 35 sen this morning after the company obtained an injunction from the Kuala Lumpur High Court to restrain the Public Works Department (JKR) from making a claim or receiving RM24.75 million bank guarantee proceeds. At 11.19am, the stock was trading at 35 sen with 437,700 shares done. Last […]

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Westports shares fall following deferment of container tariff hike

Westports shares fall following deferment of container tariff hike

PETALING JAYA: Westports Holdings Bhd’s share price fell 4.47% this morning after the Port Klang Authority (PKA) postponed the second phase of the container tariff revision at Port Klang. At 11.33am, its share price was 4.47% or 17 sen lower at RM3.63 with 343,800 shares traded, making it one of the top losers this morning. […]

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Caution ahead, trade-based money laundering a massive global problem

Caution ahead, trade-based money laundering a massive global problem

<p>THE Sinaloa drug cartel was once the largest and most powerful in the world. The Mexican organised crime body at one point controlled so much of the illicit drug trade across Mexico and the United States that taking them down is a process that began in the 1980’s.</p> © New Straits Times Press (M) Bhd

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NSCS facilitates EVA's electric autonomous aircraft deployment in Malaysia

NSCS facilitates EVA's electric autonomous aircraft deployment in Malaysia

<p>KUALA LUMPUR: N-Strategy Consulting Services (NSCS) is confident that Malaysia could benefit from substantial economic spillover effect in terms of foreign direct investment and job creations through the deployment of French-made Electric Visionary Aircraft (EVA).</p> © New Straits Times Press (M) Bhd

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WeWork rival Dreamplus raises US$120 million in Hillhouse-backed round

WeWork rival Dreamplus raises US$120 million in Hillhouse-backed round

The money will be used to fuel expansion as the three-year-old startup targets more than doubling its floor space in the next 12 months. Members work on laptop computers at the Convene workspace flagship location in New York, US, July 2018. Convene, a New York-based real estate startup that specialises in flexible meeting and working […]

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Big hearts & coffee cups

Big hearts & coffee cups

Starbucks recently partnered with Malaysian actress and entrepreneur Neelofa in spreading the message of kindness and making the world a better place. Dubbed “MY Cups of Kindness” campaign, the coffee company donated RM0.50 from each one of its Summer Frappuccinos – Starbucks Apricot and Peach Yogurt Frappuccino and Starbucks Ruby Red Grape Blended Juice Drink […]

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