Developer China South City’s woes test state
A Chinese property developer that’s partially owned by a state-run firm has issued its strongest warning yet over a bond…
Category: Corporate News
China’s BYD planning new electric vehicle plant in Mexico
China’s BYD Co Ltd will set up a new electric vehicle (EV) factory in Mexico, Nikkei reported yesterday, citing the…
Firms that dropped degree requirements are hiring college grads
Bank of America Corp and Lockheed Martin Corp are falling short on promises to hire more workers without college degrees,…
Pansar bags RM130mil contract for Sarawak Infectious Disease Centre
KUALA LUMPUR: Pansar Bhd’s wholly owned subsidiary, Perbena Emas Sdn Bhd has won a construction contract worth RM129.99mil from Borneo…
Cadence sees lower 1Q revenue
Cadence Design Systems forecast a decline in revenue for the first quarter as its hardware sales were up against tough…
Sony Q3 profit jumps 10%, points to 2025 listing for financial business
TOKYO: Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies…
AnwanBiru, REDtone sign service deal
AnwanBiru Technology Bhd via its wholly-owned subsidiary Awantec Systems Sdn Bhd has entered into a service agreement with Redtone Engineering…
MMHE seeks new opportunities amid recovery efforts
KUALA LUMPUR: After posting a negative bottom line in FY23, Malaysia Marine and Heavy Engineering Bhd (MMHE) said it will…
New DBKL contract a positive surprise for ITMAX
A new contract for ITMAX System Bhd is expected to improve the group’s prospects and increase its turnover by RM23.6mil…