Wednesday , November 27 2024

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The Coffee House operator continues to rake up losses

The Coffee House operator continues to rake up losses

Seedcom, which owns The Coffee House and fashion store chain June, has reported a 14.5% increase in losses to VND270 billion ($11.5 million) last year. However, revenues rose by 60% thanks to increasing contributions by its fashion and supermarket chains, according to its consolidated financial results. Since the onset of …

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Economic difficulties to persist in Q2: ministry

Economic difficulties to persist in Q2: ministry

Economic difficulties would persist in the second quarter of the year, posing a challenge to meeting the year’s GDP growth target, the Ministry of Planning and Investment predicted. At an online conference between the national Government and local authorities on Monday, the ministry said production and business, including industrial production, …

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Malaysia scraps mandatory death penalty, natural-life prison terms

Malaysia scraps mandatory death penalty, natural-life prison terms

Malaysia’s parliament on Monday passed sweeping legal reforms to remove the mandatory death penalty, trim the number of offenses punishable by death, and abolish natural-life prison sentences, a move cautiously welcomed by rights groups. Malaysia has had a moratorium on executions since 2018, when it first promised to abolish capital …

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