job cuts
Shopee cuts workforce across Southeast Asia
Online shopping portal Shopee, the e-commerce division of Singapore based Sea Ltd., has announced major job cuts across its Southeast Asian operations and also...
Thai AirAsia plans mass layoffs, fleet reduction
The Thailand-based arm of Malaysian discount carrier AirAsia Group, Thai AirAsia, has announced mass layoffs and extended forced holidays for staff as it keeps...
Singapore Airlines announces massive job cuts
Singapore Airlines, one of the world's most lauded carriers, is in dire straits due to the Covid-19 crisis
Gojek next regional tech giant to lay off staff amid pandemic
Indonesian ride-hailing, delivery and e-commerce firm Gojek said on June 23 that it will lay off nine...
Grab cuts 5% of staff across Southeast Asia
Singapore-founded and headquartered ride-hailing, delivery and e-commerce company Grab is embarking on a cost-savings programme and...
Philippine Airlines cuts 300 jobs, blames coronavirus
Philippine national carrier Philippine Airlines (PAL) said on February 29 that it has laid off 300 ground-based...
Toshiba, Panasonic cease manufacturing in Indonesia
Japanese electronics companies Toshiba and Panasonic ended their manufacturing operations in Indonesia, selling three plants in total in the process which is estimated to...
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Singapore biotech startup considers stock listing to raise $300 million
Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...
Stories of the week
Indonesia to start construction of new capital in August
Indonesia’s government will start construction of the first government buildings at its new capital Nusantara in August, the country’s minister of public works and...