AirAsia opens new routes in Indonesia, vows to be bigger than pre-Covid-19
“Before the Covid-19 pandemic, we operated 26 aircraft. By the end of this year, we are expecting to operate 28 to 30 aircraft”, the PT Indonesia AirAsia CEO said.
Corporate Buzz
Terra founder Do Kwon at risk of Interpol red notice as net tightens
Mr Kwon has denied being on the run, even as prosecutors in Seoul seek his detention and say he is trying to avoid redress.
Shopee joins start-up layoffs trend in Indonesia, blames global economy
Head of public affairs of Shopee Indonesia explained that the decision was the last option for the e-commerce firm after other adjustments were made to its business policies.
Google faces Indonesian antitrust probe, at risk of $1.67 million fine
Global antitrust cases against Google have plagued the company in the past few years, with the most recent happening in the European Union.
Samsung Electronics declares transition to renewables, zero carbon by 2050
But experts claim Samsung's plan is still exposed to loopholes, as Korea's outdated power market structure pose hurdles.
Starbucks charts expansion plan in China for more market share
The coffee chain operator has grown nearly tenfold in the past decade on the Chinese mainland.
Air India unveils transformation plan
Over the next five years, Air India plans to increase its market share to at least 30 per cent in the domestic market while significantly growing the international routes.
Goodyear settles labour abuse claims with workers at Malaysian factory
The company said the settlement was in accordance with the terms of the court rulings and followed an outside accounting analysis of compensation.
Honda eyes carbon neutral motorbike biz by 2040s
To meet the goal, the Japanese automaker plans to release over 10 new electric motorcycle models at home and abroad by 2025.
Tata in talks to manufacture iPhones for Apple in India
If the agreement is successful, Tata might become the first Indian business to manufacture iPhones, which are now largely put together in China and India by the Taiwanese makers.