Sector
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ExxonMobil to cut 2,000 workers as oil sector job losses mount
[TEXAS] ExxonMobil plans to cut about 2,000 jobs globally as the Texas oil company consolidates smaller offices into regional hubs as part of its long-term restructuring plan. The reductions represent…
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Malaysian steel industry road map aims for ‘fully green’ sector by 2050
The plan includes clear licensing guidelines for manufacturers and a carbon pricing and transparency framework [KUALA LUMPUR] Malaysia is planning a revamp of its steel industry that aims to manage…
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Germany’s Bosch To Cut 13,000 Jobs In Blow To Auto Sector
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country’s ailing car sector. The auto industry in…
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New York’s Finance Sector Faces Risks From Trump Visa Crackdown
On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs’ headquarters in the sunlit Battery Park City neighborhood of Manhattan. More than 9,000 people…
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Vietnam’s Sugar Sector Battles Smuggling and Market Challenges
Vietnam’s sugar sector is under increasing strain from a flood of undocumented, low-cost sugar flooding the market, threatening native output and stability. Despite repeated requests for government assistance, officials stress…
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China unveils plan to ‘stabilise’ auto sector growth
Beijing has invested massively in recent years to support the development of the country’s electric vehicle industry [BEIJING] China unveiled a plan on Saturday (Sep 13) to “stabilise” growth in…
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HRnetGroup targets Vietnam’s booming tech sector with new subsidiary
It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms, healthcare and public sector [SINGAPORE] Mainboard-listed HRnetGroup has…
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Aster outage spotlights cracks in Singapore’s petrochem sector
[SINGAPORE] Singapore-based Aster Chemicals and Energy is prioritising a safe restart of its Bukom Island naphtha cracker while engaging with customers, said the company. But its force majeure on supplies…
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Aster outage may ripple across Singapore’s petrochemical sector
[SINGAPORE] Singapore-based Aster Chemicals and Energy is prioritising a safe restart of its Bukom Island naphtha cracker while engaging with customers, said the company. But its force majeure on supplies…
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UAE Minister Thani Al Zeyoudi Engages Vietnam Business Council to Boost Private Sector Collaboration
The Minister of Foreign Trade of the UAE, Dr. Thani bin Ahmed Al Zeyoudi, met the Vietnam Business Council in the United Arab Emirates to talk about how the business…
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Brazil Police Target Network That Siphoned Billions From Fuel Sector
Brazilian police launched a mega operation in several states Thursday to crush a criminal network that sold adulterated fuel to clients and concealed billions of dollars in earnings in cahoots…
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GovTech partners Google Cloud to trial agentic AI usage in public sector
[SINGAPORE] The Government Technology Agency (GovTech) will collaborate with Google Cloud on a sandbox to experiment with agentic artificial intelligence (AI) and test agentic solutions for public use cases, said…
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Vietnam, Korea Agree to Strengthen Cooperation in Financial Sector
Vietnam and South Korea decided on Monday to further strengthen their financial sector cooperation, especially in the stock market system, through the sharing of policy experiences and related knowledge, according…
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China’s overcapacity crackdown faces litmus test in solar sector
[BEIJING] China’s efforts to curb industrial overcapacity face their first test in the indebted and bloated polysilicon sector, a key cog in solar cell production, where analysts say it is…
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Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
[TAIPEI] Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes…
