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Malindo Air retrenchment to affect 2,600 employees
KUALA LUMPUR: Malindo Air has launched a retrenchment exercise ranging from termination to a year's unpaid leave for 2,647 employees, the human resources ministry said on Wednesday, as the coronavirus pandemic batters the aviation industry.
SD Plantation commits to upholding human rights, address allegations
KUALA LUMPUR: Sime Darby Plantation Bhd views a possible action by the US Customs and Border Protection (CBP) with concern following recent news reports identifying it as the target of an import ban by the agency.
Labouring over our foreign workers
PETALING JAYA: Malaysian companies that are highly dependent on foreign labour need to strengthen their practices, as allegations have arisen about forced labour in the country.
KLCI extends retreat, plantation stocks in the red
KUALA LUMPUR: The FBM KLC continued its slide into the red on Thursday amid deteriorating market sentiment and a retreat in the plantation sector.
Top Glove breaches SOP under RMCO
PETALING JAYA: Top Glove Corp Bhd has been found to be in breach of the standard operating procedures (SOP) under the Recovery Movement Control Order (RMCO), according to the Human Resources Ministry.
Shahul in unsolicited spotlight
New CEO of HRDF has tough job ahead with jobless rate set to rise
Allianz confirms CEO's resignation from Socso
KUALA LUMPUR: Allianz Malaysia Bhd has confirmed news reports that its CEO, Zakri Khir, has resigned as chairman of the Social Security Organisation (Socso).
Serba Dinamik to acquire 10% stake in GSH
PETALING JAYA: Serba Dinamik Holdings Bhd’s (SDHB) unit Serba Dinamik Group Bhd has announced its proposed acquisition of 34.54 million shares, or about 10% stake, in Green & Smart Holdings plc (GSH) for RM13mil cash.
Serba Dinamik to acquire 10% stake in GSH
KUALA LUMPUR: Serba Dinamik Holdings Bhd's unit Serba Dinamik Group Bhd has announced its proposed acquisition of 34.54 million shares or about 10% stake in Green & Smart Holdings plc (GSH) for RM13mil cash.
RAMCI unveils plan to help millennials learn about financial competency
KUALA LUMPUR: Credit-reporting agency RAM Credit Information Sdn Bhd (RAMCI) is hoping to attract and educate more millennials with its complimentary, three-month credit-score-monitoring initiative.