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Search Result for “Post Reporters ”

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BUSINESS

Malaysia rules out ringgit peg

Business, Reuters, Published on 21/08/2015

» KUALA LUMPUR: Malaysian Prime Minister Najib Razak said yesterday that he would not peg the ringgit to the US dollar or implement capital controls as he sought to calm fears about the sliding currency and capital flight from Southeast Asia's third-largest economy.

BUSINESS

Malaysia Air to cut 6,000 jobs

Reuters, Published on 29/08/2014

» KUALA LUMPUR — Malaysia Airlines, the country's loss-making flag carrier, will cut 30% of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit ($1.90 billion), majority investor Khazanah Nasional said.

BUSINESS

Thai-made Attrage to be sold in Mexico

Reuters, Published on 01/07/2014

» TOKYO — Chrysler will sell a rebadged Mitsubishi Motors Corp compact sedan in Mexico, in a five-year deal that will help the Japanese automaker maintain production levels at its hard-hit Thailand production base.

BUSINESS

Auto sector slams on brakes

Reuters, Published on 10/05/2014

» Thailand's auto sector, Southeast Asia's biggest, has fired more than 30,000 subcontracted workers this year and slashed production, as sales plunge after months of political unrest that threatens to drive some manufacturers offshore.