Depend less on FDI to develop a competitive edge, says Umno man

Umno information chief Shahril Hamdan says we have lost our edge to attract foreign investments as other Asean countries have caught up. PETALING JAYA: Umno information chief Shahril Hamdan said the government should invest more in domestic or indigenous technology and capital to maintain an economic competitive edge with other neighbouring Asean countries. Speaking during […]

Workers vandalise Apple supplier factory in India

As police arrived, the protesters outside the Wistron Corp factory turned violent on Saturday. (YouTube screengrab) CHENNAI: The ransacking of an iPhone manufacturer in southern India could be the first of many “flashpoints” involving local workers in the supply chains of major brands, researchers said on Tuesday, pointing to a lack of rights and recourse […]