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Malaysia Aviation Group to cut flight capacity by 20% this year
MALAYSIA Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday (Aug 29) it would reduce network capacity by 20 per cent across its airlines this...
Great Eastern group CEO Khor Hock Seng to retire; Greg Hingston to take the helm from Nov 1
THERE will be a new chief executive officer helming insurer Great Eastern from November this year. Greg Hingston will be taking over as the group’s CEO from Khor Hock Seng,...
MAS review group identifies priority areas for workstreams
THE Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets. Called the Equities Market Review Group,...
Meta says Iranian group tried to target Trump, Biden officials’ WhatsApp accounts
META said on Friday (Aug 23) it had identified possible hacking attempts on the WhatsApp accounts of US officials from the administrations of both President Joe Biden and former...
Thailand’s Ratanarak Group buys out Jardine Cycle’s Siam City stake for US$354 million
Its controlling shareholder, Sunrise Equity, which is part of the Ratanarak Group made an offer for 76.1 million shares in Siam City for 160 baht apieceThe Ratanarak Group, which...
Spanish fashion group adds Hong Kong shop with rent 60% off peak
SPANISH fast-fashion label Mango has rented a 19,000-square-foot store in Hong Kong’s prime retail district Central, sources familiar with the matter said, the latest in a slew of global...
MAS review group or not, boards and directors need to be more dynamic
Even as directors manage business risks and are careful not to fall foul of the rules and regulations, getting the right balance with the creation of shareholder value is...
Chinese e-commerce group JD.com beats profit forecasts in Q2
Chinese e-commerce group JD.com on Thursday (Aug 15) reported forecast beating second-quarter profits, helped by price cuts that attracted cost-sensitive consumers to its platform.JD.com’s US-listed shares rose as much...
