950 employees of Nikko Electronics Berhad today lost their jobs after the Japanese company decided to close down its factory in Prai, Penang today.
Workers turning up at the factory today were met with a surprise after receiving termination letter instead instead of resuming duty. Majority of them are production workers, including technician and operators. More [...]

Forbes has compiled a list of Australia’s 10 largest companies, based on a set of criteria including sales, profits, assets and market value, as of end 2007.
Companies who made it to the top list were selected from the initial 1,800 publicly traded Australian companies.
The points across all metrics or parameters were added up to form [...]

A recent survey conducted by The Expat magazine found out that Malaysian taxis are among the worst, as compared to services in other 22 countries.
In the survey, over 200 respondents, which are made of of foreigners coming from more than 30 countries worldwide, were given an opportunity to review and assess the service provided by [...]

16. Valero Energy

Revenue: US$96.8 billion
Industry: Oil and Gas/Petroleum
Previous ranking: 16
Valero, which is based in Texas, is a private and independent oil refiner which owns more than 5,000 gas stations and 17 refineries across the United States, Canada and Caribbean. The company was born as a spin off of Coastal States Gas Corporation in 1980, which [...]