A Thai man demands an airline to take responsibility for injuries that he said were caused by turbulence during a flight from Nakhon Si Thammarat to Bangkok yesterday evening. He said his lower back and coccyx were in “agony,” but when he expressed the wish to go to hospital, he was allegedly told to pay for the expenses himself. The airline has denied responsibility for his … [Read more...] about Thai man injured in turbulence demands airline to take responsibility
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BENGALURU: McDonald's Corp is selling its Russia business to its current licensee Alexander Govor and the restaurants would operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. The world's largest burger chain owns about 84% of its nearly 850 restaurants in Russia and became one of the biggest global brands to … [Read more...] about McDonald’s to sell Russia restaurants to local operator
KUALA LUMPUR: Dayang Enterprise Holdings Bhd has returned to the black with a net profit of RM13.76mil in the first quarter ended March 31 (1Q) against a net loss of RM27.54mil a year ago. It recorded a pre-tax profit during the current quarter as a result of insurance claims received from the incident of Dayang Topaz of RM3.6mil, net realised/unrealised gain in foreign … [Read more...] about Dayang returns to the black in Q1
PETALING JAYA: Kobay Technology Bhd posted a net profit of RM14.52mil in the second quarter ended Dec 31, 2021, more than double from RM5.95mil a year ago, thanks to strong orders from the semiconductor and electrical and electronics (E&E) industries. In a filing with Bursa Malaysia yesterday, the group said its revenue for the quarter almost tripled to RM92.83mil … [Read more...] about Kobay Q2 net profit surges
During US-ASEAN Special Summit, the US pledged US$150 million to tackle several key topics ranging from maritime security to pandemic preparedness to clean energy. Despite hitting the right notes, the summit lacked the concrete trade and investment commitments that ASEAN members were seeking. Access to the prized US market for ASEAN will be vital if Washington wants to balance … [Read more...] about Why Does the US-ASEAN Special Summit Lack Substantial Value?