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Malaysia downgrade: another blow to flying safety in Asia

HONG KONG: Malaysia’s aviation-safety downgrade makes Asia the region with the most markets where airlines are restricted from US airspace. The US Federal Aviation Administration cut Malaysia to a Category 2 nation on Monday, banning the country’s carriers from setting up new flights to anywhere between New York and San Francisco. It cited deficiencies by […]

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Thailand: Large companies still dominant locally

The top 5% of companies by revenue account for 85% of Thailand’s business sector revenue, while medium-sized companies have been restricted in funding accessibility and small firms have low productivity, according to the Bank of Thailand’s think tank. Revenue concentration of these large companies has lingered for more than 10 years, said Archawa Paweenawat, principal […]

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Malaysia: Prioritising people in Industry 4.0

PETALING JAYA: The path towards Industry Revolution 4.0 (IR4.0) is not confined to just technology and digital transformation. A vital component of what lies in the future are the people – the way they work, where they work and how they are driving change with technology. Ken Holdings Bhd  hospitality and arts deputy director Yvonne Tan […]

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Ride-hailing firm eyes Cambodia

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia. In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi company. Onde’s software is already used by more than 200 […]

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