Posts by Yurie Miyazawa
Salesforce cutting 1,000 roles while hiring salespeople for AI
SALESFORCE is cutting jobs as its latest fiscal year gets underway, according to a person familiar with the matter, even as the company simultaneously hires workers to sell new artificial intelligence products. More than 1,000 roles will be affected, according to the person, who asked not to be identified because the information is private. Displaced…
Read MoreShein to face EU consumer law probe under e-commerce crackdown
THE Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe into its compliance with consumer laws over the sale of illegal products. The bloc’s executive branch, the European Commission, will lead national consumer protection regulators in a coordinated action against the fast-fashion marketplace, according to two…
Read MoreClorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover from a 2023 hack that disrupted operations. Net sales are seen rising as much as 2 per cent for the company’s current fiscal year, the maker of Formula 409 cleaner…
Read MoreFive key themes shaping Singapore’s economic outlook in 2025
SINGAPORE’S economy is poised to remain dynamic in 2025, navigating through challenges such as geopolitical tensions and economic uncertainties while capitalising on favourable global trends. These are five key themes shaping Singapore’s economic outlook for this year: 1. Favourable growth prospects Singapore is set to achieve a projected economic growth rate of 2.8 per cent…
Read MoreJaume Ros Uses This Cold Email Marketing Strategy
The digital marketing landscape has undergone significant changes, particularly in how businesses leverage artificial intelligence and automation for growth. Through recent conference interactions and market observations, several innovative strategies have emerged that reshape how companies approach customer acquisition and content creation. I took some time to watch Jaume Ros’s video showing how to make $60,000…
Read MoreOpec+ rolls over oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday (Feb 3) and removed the US government’s Energy Information Administration from the sources used to monitor its production and adherence to supply pacts. Opec+ and Donald Trump clashed repeatedly during his first administration in 2016-2020 when the US President…
Read MoreCathay Cineplex stares into debt abyss as landlords seek payment of about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY Cineplex, operated by mainboard-listed media company mm2 Asia, has received letters of demand from the landlords of two of its cinemas for about S$2.7 million in alleged rent, legal costs and other monies owed.…
Read MoreSingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility
SINGAPORE Post’s (SingPost) local operations chief executive Shahrin Abdol Salam, 52, has resigned. He left the national postal service provider “to pursue opportunities outside the company”, said the national postal service provider on Monday (Feb 3). A transition timeline is being worked out with SingPost’s group chief operating officer Neo Su Yin. Neo, who assumed…
Read MorePrivate healthcare players upbeat as China hospitals ease rules on foreign ownership
Significant investments are needed for these hospitals to make returns, observers say THE Chinese government’s recent move to allow foreign healthcare players to wholly own hospitals in certain regions will offer flexibility and more avenues to players hoping to harness growth in China. However, significant investment in areas such as funding and talent will be…
Read MoreGreat Eastern’s Malaysian units terminate proposed acquisition of AmMetLife
The four parties were initially expected to sign agreements for the distribution of life insurance and family takaful products, a type of Islamic insurance GREAT Eastern’s Malaysian subsidiaries have terminated their proposed acquisition of AmMetLife Insurance (AML) and AmMetLife Takaful (AMT). “Great Eastern Holdings wishes to announce that the implementation agreement has been terminated, and…
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