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Bangkok-headquartered omnichannel fashion company Pomelo has appointed Jim Boland, former RedMart CFO, as its new CFO. Boland has successfully led finance organisations in fast-growing e-commerce businesses for more than 19 years in leadership roles at…
Malaysian businesses are displaying less optimistic sentiment on prospects for the next six months as the RAM Business Confidence Index (RAM BCI) fell to its lowest level since its inception two year ago. RAM said in a statement today that the corporate and…
In recent years, the term “culture complex” has often been seen on social media. Postings showing people spending time at these spaces are shared often, attached with hashtags that read “culture life,” “leisure time” and “relaxation.” Culture complexes have…
Nokia has announced it has developed a new metric for measuring the quality and performance of fixed access networks in a standardized way. The Nokia Fixed Access Health Index for service providers uses Nokia’s automation and analytics capabilities to…
The race for LTE dominance in Malaysia is still in its infancy as operators scramble to deliver consistent quality of service nationwide. Statista data points to smartphone penetration in Malaysia of 62.8% in 2017 with a forecast of 68.46% by 2022. Adoption…
Manhattan Associates today announced the release of Performance at Work, a new solution for enhancing employee engagement, which results in productivity gains, lower attrition rates, and therefore greater customer satisfaction. The solution drives improved…
Several commercial banks have in the early days of 2017 posted positive business performance for 2016, with profits much higher than the previous year. The Bank for Foreign Trade of Vietnam (Vietcombank) was the first bank to report pre-tax profit in 2016,…
Performance ratings continue to determine pay decisions in the majority of Thai organisations, a recent Aon Hewitt survey found. With high turnover rates highest among junior managers and supervisors in the Land of Smiles, there is growing pressure on these…
Electric carmaker Tesla Motors Inc has reached an out-of-court settlement with 126 Norwegian customers who claimed their cars’ performance did not match promises made in the firm’s marketing. Lawyers for the owners and the company told the Oslo District Court…
Overall DPU growth sits at -0.1%. While its retail sector remained resilient, other sectors such as hospitality and industrial have continued to impede Singapore real estate investment trust (REITs)’s growth, registering a flat -0.1% improvement in 2Q16. Even…
Dyn, the worldwide leader in Internet Performance Management (IPM), announced today that it has secured $50 million in Series B equity funding from Pamplona Capital Management, a leading global private equity firm. This investment will strengthen Dyn’s global…
Akamai Technologies has upgraded its flagship web performance solution Akamai Ion to improve the platform’s mobile capabilities. Ion is designed to accelerate the delivery of websites, web applications and mobile apps over fixed and cellular connections. The…
Mainboard-listed Eu Yan Sang International said on Friday (Feb 12) its net profit for the second quarter plummeted 75 per cent, hurt by a weak Malaysian ringgit and lower revenue from the Hong Kong market. Net profit for the three months to Dec 31 was…
Starbucks Coffee Company chief operating officer Troy Alstead is taking an extended unpaid leave from the company. “Looking back on the 23 years we spent together side-by-side as Starbucks colleagues, I can recall so many memorable moments and accomplishments…
