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DHL scales up operations in Myanmar with new warehouse

DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar, last week. The company has invested approximately K1.58 billion (€1 million) in the facility located in Dagon Seikkan Industrial Zone in Yangon, and is targeting to add more than 200 full-time employees […]

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Vietnam needs foreign aid to develop renewable energy

The Hanoitimes – Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, coming third behind fintech and education. Despite a recent development of renewable energy, Vietnam still needs assistance and aid from its foreign partners in the transition to the clean power resource, officials said. According to Do Duc Quan, […]

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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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