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Four alleged hackers arrested in Phuket for hacking 17 Swiss firms
MONDAY, FEBRUARY 10, 2025
Four alleged European hackers have been arrested in Phuket for deploying ransomware on the networks of 17 Swiss firms. The suspects are accused of causing significant damage and stealing $16 million in Bitcoins from 1,000 global victims.
Korean defence firms aim big in US market
MONDAY, JANUARY 08, 2024
South Korean defence firms are seeking to break through into the US market, the biggest in the world, as the industry looks to carry on its export momentum.
China firms look to Malaysia for assembly of high-end chips, sources say
MONDAY, DECEMBER 18, 2023
SINGAPORE – A growing number of Chinese semiconductor design companies are tapping Malaysian firms to assemble a portion of their high-end chips, keen to hedge risks in case the United States expands sanctions on China’s chip industry, sources said.
Global firms shift staff & ops, despite city’s efforts to retain them
WEDNESDAY, NOVEMBER 08, 2023
Hong Kong is now fully back in business and it wants the world to know. Since its reopening after three years of Covid-19 isolation, the city has gone all out to woo back the mainstays of its economy.
More companies in Asia headed for bankruptcy
MONDAY, NOVEMBER 06, 2023
Persistently high interest rates are putting stress on corporate balance sheets and leaving increasing numbers of firms here and across the region at risk of bankruptcy, according to a new report and experts.
Capital investment up by THB200m in 2022, but nearly 22,000 businesses fold up
WEDNESDAY, JANUARY 25, 2023
As many as 21,880 businesses with a total registered capital of 127.04 billion baht ceased operations in 2022, the Department of Business Development said on Wednesday.
12 Thailand-based Swedish firms to allow 30-day paid paternity leave
THURSDAY, JUNE 16, 2022
The Swedish Embassy in Thailand last week won pledges from 12 Swedish companies that they would allow their male employees to take paternity leave with pay for at least 30 days a year.
Over 50 firms, celebs join hands as D.OASIS launches metaverse
WEDNESDAY, MAY 18, 2022
Tech company D.OASIS has launched a metaverse platform in collaboration with 30 businesses and 25 celebrities to help businesses make an easier entry into the virtual world of new opportunities.
Investment proposals of 44 foreign firms approved, 5 in the EEC
FRIDAY, MARCH 11, 2022
A total of 44 foreign investment proposals were approved last month, of whom five will invest in the Eastern Economic Corridor, the Commerce Ministry announced on Friday.
PH firms transitioning to hybrid work setups in 2022
MONDAY, DECEMBER 06, 2021
MANILA, Philippines — Two years into the pandemic, Nicholas Mapa, an economist at Dutch bank ING, is raring to go out again  — work in his office some days but work from home on other days — and meet friends once in a while.