Showing 1-10 of 20 results
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Zipmex files for bankruptcy protection in Singapore
Reuters, Published on 29/07/2022
» SINGAPORE: The cryptocurrency exchange Zipmex said on Friday that it has filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies.
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Malaysian firms facing US bans over forced labour summoned by ministry
Reuters, Published on 30/01/2022
» KUALA LUMPUR: Malaysia's Human Resources Ministry said on Sunday it would call in all companies facing US import bans over suspected forced labour practices to discuss immediate action to address the allegations.
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Ansell halts orders from Malaysian glove maker Brightway after US ban
Reuters, Published on 28/12/2021
» KUALA LUMPUR: Ansell Ltd has halted its orders to North America from Malaysian glove maker Brightway Group after US Customs banned the Malaysian group's products following allegations of forced labour practices, Ansell said.
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Malaysia's labour abuse allegations a risk to export growth model
Reuters, Published on 21/12/2021
» KUALA LUMPUR: Malaysia's government and companies must address mounting allegations of workplace abuse of migrant labourers who fuel the country's economy, or face risks to its export-reliant growth model, experts warn.
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Canada pauses imports from Malaysia glove maker over forced labour concerns
Reuters, Published on 14/11/2021
» KUALA LUMPUR: Canada has paused imports from Malaysian glove maker Supermax Corp as it awaits the results of an audit, weeks after the United States barred the firm over allegations the company uses forced labour.
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China's energy crunch triggers alarm, pleas for more coal
Reuters, Published on 28/09/2021
» SHANGHAI: As a severe power crunch roils China's northeastern industrial heartland, senior officials face mounting pressure from alarmed citizens to ramp up coal imports thick and fast in order to keep lights on, factories open and even water supplies flowing.
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Delta blow knocks wind out of Asia's economic recovery
Reuters, Published on 24/08/2021
» TOKYO: Asia's robust economic recovery from last year's coronavirus low is losing momentum as a surge in Covid-19 cases sees shops empty again and factories close, dimming prospects for corporate profit growth after a blockbuster half year.
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Court nod paves way for makeover of THAI B400bn debt
Reuters, Published on 15/06/2021
» Thai Airways International won court approval on Tuesday for restructuring its 400-billion-baht debt load as the airline that is already under bankruptcy protection seeks to turn around its fortunes.
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Malaysian court asked to halt AirAsia X restructuring that ‘favours Airbus’
Reuters, Published on 15/12/2020
» KUALA LUMPUR: Lessor BOC Aviation Limited (BOCA) has asked a Malaysian court to dismiss AirAsia X Bhd's debt restructuring scheme as it rules out a debt-to-equity swap and gives too much power to Airbus as a creditor, an affidavit filed by a top BOCA executive shows.
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Thailand to slowly restart tourism with flight from China
Reuters, Published on 29/09/2020
» Thailand will receive its first foreign vacationers when a flight from China arrives next week, marking the gradual restart of a vital tourism sector battered by coronavirus travel curbs, a senior official said on Tuesday.
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