A batch of equipment scheduled to be shipped to the Philippines on March 18 could not be delivered on time due to the outbreak of COVID-19 which has delayed production for companies as quarantine measures held back many workers from returning to their posts, and workers of Mao's company could not travel to the country for installation. … [Read more...] about Across China: Foreign trade enterprises in central China province gain support amid epidemic
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Again, with technology slowly occupying a part of the automotive world, only about 15 percent of fleets are using telematics today. Seeing this as an opportunity of growth, Shell is positive that its integration of Fleet Prepaid card and Telematics will help to monitor driver behaviour with mobile apps.The fuel card captures data such as odometer reading, fuel grades and quantity, vehicle/driver ID along with transaction details such as time, location and amount spent. It is a chip and pin card with a layer of security, Hak told. Even though this trend of integrating business fuel cards with telematics is readily available globally, it is expected to gain traction in India in the near future. Even though this trend of integrating business fuel cards with telematics is readily available globally, it is expected to gain traction in India only in the near future~ Majorly aiming at logistics providers, delivery aggregators and ride-hailing services, the collected data will allow the fleet … [Read more...] about Is technology driving the future for fleet management?
Korean airlines are seeing little light at the end of the tunnel as demand for tickets crashes with the coronavirus outbreak.As it becomes evident that the coronavirus outbreak will continue for months, some local airlines are adjusting flight operations while others are entering emergency management mode.Korean Air Lines said Wednesday that it has begun reducing the number of flights to Southeast Asian cities because of lowered demand from Korean customers.The country’s largest airline by sales is also extending suspensions of flights to China by a month, or through April 25. Korean Air Lines is also reportedly in discussions to use smaller planes on routes to Atlanta, Los Angeles and New York City next month, which also reflect the general decline in demand for travel.One of its flight attendants was diagnosed with the virus Tuesday after working on some international routes.Asiana Airlines is also halting flights to Asian countries until mid-April. It reduced the number of … [Read more...] about Airlines see nothing but bad news with outbreak
"In the near term, the PBOC's move could further reduce interbank rates and risk-less bond yields," said Lu Ting, chief economist in China at Nomura Securities. But he was concerned consumer inflation pressure may rise, and it could make the stock market even more buoyant. … [Read more...] about Additional policy package aims to increase credit to SMEs, ease headwinds from outbreak
SK Telecom’s headquarters in Euljiro, Jung District, in central Seoul. [YONHAP]Another landmark of corporate Korea went into complete shutdown mode on Wednesday as an employee at SK Telecom’s headquarters tested positive from the coronavirus. The incongruously bent T-Tower, which is located in Euljiro, central Seoul, will remain closed through the week, and employees from the building are required to work from home while the structure is being cleaned.The lockdown comes just one day after LS Group closed its office building in Yongsan, central Seoul, and the neighboring Amorepacific buildings were also shut. But the latest incident could have a bigger impact as the Euljiro area is one of the busiest business districts in the city, being home to major corporations such as Hana Bank, CJ Foodville and Daishin Securities. SK Telecom said it would consider extending the measure through next week if the situation warrants. It added that the employee in question is not related … [Read more...] about SK Telecom tower shut as an employee infected