Shell Petroleum to sell stake in Pakistan
Shell Pakistan said on June 14 that the parent company had notified it of the group’s intent to sell its shareholding in the business.
Corporate Buzz
Thai beverage brand marks new chapter in international expansion
For 103 years, Thai beverage brand Cha Tra Mue has not only grown in popularity at home but has also conquered international tea drinkers with its distinctive flavours.
S’pore to play larger role in HSBC’s Asian growth plan
The bank has appointed and moved some of its most senior executives from key London and Hong Kong offices to Singapore.
Ex-Samsung exec arrested for leaking chip tech to China
The accused secured Samsung’s chip plant layout and data and passed them on to a construction firm to build a copycat manufacturing plant.
Taiwan shipping firms at it again with big staff bonuses of up to 30 months’ salary
Shipping firms have enjoyed a windfall over the past two years on an industry-wide surge in demand for consumer goods and in freight rates during Covid-19.
JYP Entertainment to enhance strategic partnership with US music label
Their partnership was initially formed back in 2020 to promote JYP Entertainment’s girl group Twice outside South Korea.
Garuda, Singapore Airlines explore joint venture on Bali, Jakarta flights
Garuda Indonesia, including Citilink, held nearly a third of the country’s domestic air travel, according to the Transportation Ministry.
Korean lunar rover developer aims for first mission in 2032
As 28-year-old CEO Cho Nam-suk explained the tough entry barrier of the space industry, he also called for urgent and intensive support in order to advance Korea’s lunar roving…
Asiana halts sales of exit row seats after door incident
A spokesperson added that even if the flights are full, the seats in question will not be available for sale.
‘Clean beauty’ pops onto global luxury brands’ radar
From cosmetics to shampoo, global luxury brands have been labeling products as “clean beauty,” a buzzword that has proved popular in recent years.