Govt approves 7,500 foreign worker hires for 3 business sub-sectors
The decision to allow barbershops, textile stores, and goldsmiths to hire migrant workers was reached after considering their needs.
Adidas has around 100 stores left to get rid of in Russia, CEO says
Adidas decided in October to permanently halt business in Russia, having closed all its stores and suspended online sales there in March last year after Russia invaded Ukraine.
Alibaba's breakup plan lifts hopes China's tech crackdown is ending
Alibaba says it planned to split into six units and explore fundraisings or listings for most of them, in the biggest restructuring of the technology conglomerate in its 24-year history.
Jack Ma returns to China as govt tries to quell private sector fears
The return of China's best-known entrepreneur may help to quell the concerns of the country’s private-sector businesses after a bruising two-year regulatory crackdown.
Most big Japanese firms heed prime minister's call to raise wages this year
Kishida's administration has repeatedly urged companies to make maximum efforts to lift employee pay, which has failed to keep up with the fastest inflation in 40 years.
QatarEnergy boss says World Cup tension will not impact German business
QatarEnergy and German utility firms have been thrashing out long-term liquefied natural gas (LNG) deals for much of this year as Berlin looks for alternatives to Russia, which is Germany's biggest gas supplier.
Nissan takes US$687 million loss as it sells Russian business for 1 euro
The sale to Nami will include Nissan's production and research facilities in St Petersburg as well as its sales and marketing centre in Moscow, the ministry says.
European business group warns of loss of confidence in China
The European Chamber of Commerce cites China's 'inflexible and inconsistently implemented' Covid policy as a key factor.
Making a living by giving old bikes a new lease of life
Mohd Kamal Jusop once ran a successful motivational camp site but now spends his days repairing old bicycles and selling them online.
No break for used bicycle seller scrambling to make ends meet
Mohd Kamal Jusop used to run a motivational camp in Hulu Langat but now spends his days looking for old bicycles to restore.
Too many changes too fast, bosses group tells govt
The Malaysian Employers Federation says businesses are still struggling to recover from the impact of Covid-19, and need more time to implement all of the changes scheduled to take effect this year.
Antitrust report shows how Holcim units, other Indian cement firms fixed prices
Cement production is a lucrative business in India's booming economy, with high demand especially from rural housing and infrastructure firms.
