KFC shutters over 100 restaurants in Malaysia amid pro-Palestine boycott
A source said the firm sees the boycott as an opportunity to cease some of the KFC store operations that have weighed on its balance sheet.
Corporate Buzz
Apple tops ranking of Singapore’s best employers, with Google at No. 2
The survey scored employers based on two elements – each employee’s willingness to recommend one’s own employer, and their willingness to recommend other employers in their…
Singapore bankers took home less than their Hong Kong peers in 2023: Report
The base salaries of vice-presidents in banks differ, with those in Hong Kong earning an average of US$163,934 (S$223,355) and those in Singapore, US$152,446.
Premier Li Qiang, Elon Musk call for deepening cooperation
Premier Li expressed hope in a meeting on Sunday with Musk that the US will work in the same direction as China to promote the stable development of bilateral ties.
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
A shutdown would have limited impact on ByteDance’s business while the company would not have to give up its core algorithm, said the sources, who declined to be named as they…
JAL’s new president Mitsuko Tottori stresses ‘room for growth’ in first interview
Regarding management, Tottori stated that the company aims to achieve 50% of its revenue from secondary business areas by strengthening mileage services and low-cost carriers.
WhatsApp will shut down if forced to break encryption: Company tells Delhi High Court
WhatsApp told the court that it has more than 400 million users in India and they use the app largely for its privacy features.
TikTok to challenge bill in US court
The US Senate passed legislation on Tuesday requiring the popular social media app TikTok to be divested from its Chinese parent company ByteDance or be shut out of the US market.
US bans TikTok, unless ByteDance sells it
US lawmakers argue that as long as TikTok is owned by a Chinese company, it is subject to China's authoritarian regime.
Will a 6-day workweek for executives help Samsung avert crisis?
The effectiveness of Samsung’s six-day workweek for executives to save the country’s No. 1 conglomerate from the crisis is questionable, according to an expert.