Philippine Airlines to lay off 2,300 employees
The layoff includes both voluntary separations and involuntary firings
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South Korean government to ramp up construction of new homes
The government will construct 830,000 new homes by 2025 across the country
Nigeria’s AGPC raises $260 mn for gas processing plant project
The construction cost for the project is expected to be around $650 million, including taxes and finance cost
Jeff Bezos to step down as Amazon’s CEO in Q3 Andy Jassy to lead
The company’s valuation surpassed the $1 trillion-mark last year and is currently worth more than $ 1.6 trillion
Malaysian economy to slow down with weak GDP growth
The government will integrate its private and public healthcare systems to tackle pandemic-related problems
Abu Dhabi Ports, AMLS to launch international maritime logistic services
The joint venture will be headquartered in Abu Dhabi and will operate under OFCO – Offshore International
Telefonica conducts open RAN trial in the UK
The Global Open RAN Center of Excellence in the UK has recently carried out an end-to-end testing and interoperability verification
CMA CGM partners with Port of Alexandria for new developments
The new terminal which is spread across an area of 560,000 square meters is slated for a 2022 launch
BitMEX appoints former Bank of China veteran
Mr Wai Kin Chim was also an independent non-executive director for Standard Chartered Bank in China prior to joining OCBC Wing Hang Bank
AirAsia’ Teleport introduces digital customs clearance for shippers
The new development has now made the Teleport Commerce Malaysia Sdn Bhd as an approved forwarding agent by the Royal Malaysian Customs Department