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SOME time back, a white-collar foreign worker told me he wished he had worked in Malaysia earlier. The reason for his frank opinion is his retirement savings. He calculated that he would have had a tidy nest egg that would have been enough for him to retire with despite having worked in Malaysia for far less a time than most Malaysians would have.
THE supposedly boring landscape of logistics has been quietly transforming. For the longest time, logistics was seen as something old – think lorry trucks, low wages, intensity of labour, and the loading and unloading of goods.
Exports to China from the likes of South Korea, Taiwan, Malaysia, Thailand, Indonesia and Vietnam all grew between the pre-global-crisis year of 2007 and 2013, while their percentage share of exports to the United States declined over the same period.
KUALA LUMPUR: The decline in manufacturing activities is hindering Malaysia’s progress in becoming a developed nation, says a well-known fund manager.
DHAKA: Bangladesh on Saturday urged the European Union not to take tough measures against its economically crucial textile industry in response to the collapse of a garment factory that killed nearly 550 people.
TORONTO: The Retail Council of Canada said on Tuesday it will develop a new set of trade guidelines in response to last week's deadly collapse of a Bangladesh garment factory complex that manufactured apparel for western retailers including Loblaw Cos Ltd.
As lands are getting scarce, developershave to form strategies to secure theland that they are keen on. For Bolt onBhd executive director Chan WingKwong, speed is of the essence indeciding whether to purchase a piece ofland.
BEIJING: China's soaring wages and strengthening currency might blunt the competitive edge of exporters that have seen average pay double since 2007, but it won't stop firms worldwide making a collective $100 billion bet on setting up shop here this year.