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Business 02 Apr 2021 | 7:00 AM

Indian states fight each other for jobs with laws to hire locals

NEW DELHI: A short drive from the capital of New Delhi, Gurugram has become one of India’s wealthiest cities with business-friendly policies that have attracted multinationals such as Alphabet Inc’s Google, PepsiCo Inc and Nestle India Ltd. But suddenly that reputation is at risk.

Business 02 Apr 2021 | 7:00 AM

TSMC to spend US$100bil over three years to grow capacity

TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC) plans to spend US$100bil (RM414bil) over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies.

Business 02 Apr 2021 | 7:00 AM

Saverin’s venture firm enters China with ex-SoftBank partner

SINGAPORE: Facebook Inc co-founder Eduardo Saverin’s B Capital Group is moving into China, hiring former SoftBank Vision Fund partner Daisy Cai to help it hunt down promising startups.

Letters 01 Apr 2021 | 7:00 AM

Throwing physical distancing to the wind

A letter from FA ABDUL, Performing Arts Centre of Penang.

Property 01 Apr 2021 | 7:00 AM

Diversified businesses mitigate impact of pandemic

PETALING JAYA: Boustead Holdings Bhd’s net loss for its fourth quarter ended Dec 31,2020, reduced to RM352.30mil from a net loss of RM1.13bil in the previous corresponding period, as it recorded a lower impairment of property, plant and equipment, right-of-use assets and goodwill of RM159.3mil.