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Income Insurance needs adequate capital in order to stay financially sustainable: NTUC
INCOME Insurance needs adequate capital in order to stay financially sustainable, National Trades Union Congress (NTUC) leaders said on Monday (Aug 5), following public unhappiness over its proposed sale...
Japan to slap Toyota with corrective order for certification violations
THE Japanese government will issue a corrective order to Toyota Motor on Wednesday (Jul 31) due to violations in the company’s vehicle certification procedures, the transport ministry said in...
Family feud leads to court order to wind up Lian Huat Group’s parent company
If a resolution is not reached in 30 days, the order will take effect immediatelyEMBROILED in a family feud, the parent company of property developer Lian Huat Group faces...
Boeing secures 40-plane order from Korean Air
The airplane manufacturer also has an order from US group National Airlines for four wide-body cargo planesKOREAN Air lodged a firm order on Monday (Jul 22) for 40 Boeing...
India asks utilities to order US$33 billion in equipment to boost coal power output
India has asked power companies to order equipment worth US$33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian...
Oiltek order book rises to RM430.9 million after obtaining new contract
OILTEK International’s wholly owned subsidiary won a new contract consisting of two new plants, taking the group’s current order book to a record high of about RM430.9 million (S$123.9...
Qatar Airways closes in on major Boeing, Airbus widebody order
QATAR Airways is nearing a decision on a major widebody order split between Boeing and Airbus, according to sources familiar with the matter.The Middle East carrier is looking at...
Apple loses bid to appeal order allowing consumer antitrust class action
APPLE has failed to persuade a US appeals court to consider blocking a class action that accuses the iPhone maker of monopolising the market for iPhone apps and keeping...