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South Korean regulators yesterday pressed for an investigation of shipping firm Hyundai Merchant Marine Co Ltd, sending new shockwaves through markets a day after prosecutors arrested 10 executives of conglomerate SK Group in a US$1.2bil accounting scandal.
SAMSUNG Electronics Co Ltd#039;s procurement division, which procures materials and components and supplies them to units within the group, expects to raise the proportion of materials it sources from the South-East Asia region this year.
NATIONAL Panasonic (M) Sdn Bhd, a relatively newcomer to the mobile phone market, is determined to make its presence felt in the highly competitive arena and expects to sell at least 2,000 units a month initially of its high-end Panasonic GD88 mobile phone in Peninsular Malaysia alone, according to its managing director Jiro Tomotani.