21 Jun 2012 - 6:31pm
PARIS: French airline Air France said Thursday it is to cut over 5,000 jobs or around 10 per cent of its workforce in voluntary departures by 2014.A total of 5,122 jobs will be shed and the struggling carrier said in a statement that all departures would be voluntary provided a new framework agreement can be signed with unions. ...
20 Jun 2012 - 5:10pm
BOSTON: Five collaborations and partnerships between Malaysian and international biotechnology firms with investments worth over RM3 billion were sealed during the BIO Boston on Tuesday. Science, Technology and Innovation Minister, Datuk Seri Dr Maximus Ongkili, said the investments were expected to come in the next three to five years....
20 Jun 2012 - 2:59pm
SYDNEY: A brothel here has received the green light for a multi-million-dollar expansion which will see it become Australia's largest sex premises, with rooms featuring multiple beds and pool tables.
Plans to double the number of rooms at inner Sydney's "Stiletto" into a mega-brothel complex were knocked back late last year by the city...
20 Jun 2012 - 2:46pm
HANOI: Vietnam's young, tech-savvy population is turning to the Internet to break out of an economic system stifled by decades of communist rule, leading to a boom in e-commerce.
Internet entrepreneur Thao Phuong earns twice as much money each month selling tropical fruit online to housewives as she does from her day job working at a local post...
19 Jun 2012 - 6:39pm
SINGAPORE: Panasonic's first Android-based computer tablet designed for tough environments such as battlefields was unveiled Tuesday at a major regional telecom fair here.
It was the first time the Panasonic Toughpad A1 was showcased in Asia, where company officials said there is a huge demand for such a rugged device.
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18 Jun 2012 - 3:39pm
JOHANNESBURG: Foreign farms are spreading across Africa to grow food and biofuels for global markets, bringing much-needed investments but also new troubles for a continent struggling to feed itself.
China, Malaysia, Singapore and Bangladesh are just some of the countries spending billions of dollars in what critics have dubbed a new...
17 Jun 2012 - 6:54pm
HELSINKI: Nokia's surprise announcement of massive new spending cuts and 10,000 more layoffs had observers cautioning the beleaguered mobile phone giant is at a crossroads that will determine if it sinks or swims.
Nokia, which only recently lost the world number one ranking it had held for 14 years, dramatically changed its strategy a year...
15 Jun 2012 - 4:02pm
KUALA LUMPUR: AirAsia boss Tony Fernandes has called the collapse of a tie-up with struggling flag carrier Malaysia Airlines a relief that will free him up to focus on his fast-growing budget carrier.In his most extensive comments to date on the failed deal, Fernandes said in interviews published Friday that massive Malaysia Airlines union...
15 Jun 2012 - 12:09pm
KUALA LUMPUR, June 15 (Bernama) -- The listing of Integrated Healthcare Holdings Sdn Bhd (IHH) next month will see the government's investment holding company, Khazanah Nasional Bhd, raking in RM4.9 billion in the form of unrealised profit via the 62 per cent stake held in the international health services provider company. ...
13 Jun 2012 - 5:58pm
KUALA LUMPUR: The inaugural "Open Day For Taxi Drivers of Klang Valley" on June 27 is aimed at promoting virtual taxi call-centre which handles bookings and reviews online. Apart from that the event is to enable participants to enjoy huge savings from cheaper-than-market android phone packages and data plan with the company’s Telco...
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