Mon12112017

LAST_UPDATEMon, 11 Dec 2017 10am

DOE Lifts Stop-Work Order On Lotte Chemical Titan's Project

KUALA LUMPUR: The Department of Environment (DOE) has lifted the stop-work order on Lotte Chemical Titan Holding Bhd's (Lotte) KBR Catalytic Olefins Technology catalytic cracking reactor within TE3 project in Pengerang, Johor.

Read more: DOE Lifts Stop-Work Order On Lotte Chemical Titan's Project

Singapore Airlines Plans Wide-Ranging Cost Cuts To Offset Stiff Competition

Pic: ReutersSINGAPORE: Singapore Airlines Ltd is pursuing more than 50 cost-cutting initiatives including reducing fuel burn and reviewing its relationship with key suppliers as part of a three-year plan to make the airline more competitive, a newsletter to staff shows.

Read more: Singapore Airlines Plans Wide-Ranging Cost Cuts To Offset Stiff Competition

Nissan To Recall All New Cars Sold In Japan In Last Three Years

Pic: ReutersYOKOHAMA: Nissan Motor Co Ltd will recall all 1.2 million new passenger cars it sold in Japan over the past three years after discovering final vehicle inspections were not performed by authorised technicians, it said on Monday.

Read more: Nissan To Recall All New Cars Sold In Japan In Last Three Years

Netflix Ups U.S. Fees For First Time Since 2015

Pic: ReutersNetflix Inc’s U.S. business announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content.

Read more: Netflix Ups U.S. Fees For First Time Since 2015

As Ford Pushes Into Electric Vehicles, U.S. Union Aims To Save Jobs

Pic: Reuters

DETROIT - The United Auto Workers is talking with Ford Motor Co (F.N) about ways to avoid layoffs as the No. 2 U.S. automaker builds more electric vehicles, a senior union official told Reuters on Thursday.

Read more: As Ford Pushes Into Electric Vehicles, U.S. Union Aims To Save Jobs

SMEs Urged To Use Online Platforms In Business

KUALA LUMPUR: The small and medium enterprises (SMEs), despite the presence of various e-commerce platforms, are still left far behind in the digital business world.

Read more: SMEs Urged To Use Online Platforms In Business

Dollar Hits Seven-Week Highs Before Payrolls

NEW YORK: The U.S. dollar index rose to seven-week highs on Thursday as data pointed to solid U.S. growth, a day before Friday’s highly anticipated jobs report for September.

Read more: Dollar Hits Seven-Week Highs Before Payrolls

Mercedes-Benz To Boost Sales With Launch Of Plug-In Hybrid Cars

E350e Exclusive Line

PEKAN, Oct 5 — Mercedes-Benz Malaysia Sdn Bhd (MBM) expects to boost its sales this year with the launch of its plug-in hybrid cars, said Sales and Marketing Vice-President, Mark Raine.

Read more: Mercedes-Benz To Boost Sales With Launch Of Plug-In Hybrid Cars

Bain Capital Aims To List Toshiba Chip Unit In Three Years

Pic: Reuters

TOKYO - U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years, to cash in its investment after leading an $18 billion acquisition of the business.

Read more: Bain Capital Aims To List Toshiba Chip Unit In Three Years

Affin To Trim Up To 300 Staff To Be More Efficient And Productive

KUALA LUMPUR: Malaysia's second smallest lender Affin Holdings Bhd is planning to reduce its workforce by up to six per cent or 300 staff to boost efficiency and productivity, said its group chief executive officer Kamarul Ariffin Mohd Jamil.

Read more: Affin To Trim Up To 300 Staff To Be More Efficient And Productive