Why does fighting make a relationship stronger

UB office in Batu Kawan Penang, Malaysia UBCT, which on September 29 was rebranded to UB Group, was founded in 1995 in an attempt to revolutionise inventory tracing in the semiconductor industry. The company embarked on a transformative journey, starting with a focus on specialised machine servicing within the molding industry. By 2006, the company transitioned into research and development, specialising in material management systems and development for the semiconductor Industry. Over the years, it evolved and expanded, introducing innovative software solutions for dashboards and command centres and successfully implementing total lights-off manufacturing solutions in collaboration with their Shanghai counterpart. In 2017, the company shifted its focus to cutting-edge automated warehouse solutions. Subsequently, a new division emerged, dedicated to AI and autonomous robotic solutions, embracing the future of automation. The rebranding to UB Group this year reflects its … [Read more...] about UB’s Smart Solutions for Industrial 4.0

How can the logistics industry adopt global best practices offered by SLP? SLP is part of GLP, a global entity engaged in the creation, ownership, development, and operation of logistics real estate, spanning 17 countries across the globe. We emphasise the continuous pursuit of learning and investment to foster growth and enhance the efficiency of the logistics industry. Edwin Chee, COO of SLP Vietnam SLP excels in providing modern pre-built logistics facilities strategically positioned at key hubs. These state-of-the-art facilities, designed to meet the specific demands of various industry from manufacturing to retail and e-commerce enterprises, adhere to high standards and offer adaptable layouts that can expand as needed, optimising supply chain efficiency and seamless goods circulation. Furthermore, SLP’s commitment to custom-tailored solutions ensures that each tenant’s unique operational needs are met through facilities custom-designed and constructed to … [Read more...] about Applying global practices to Vietnam

Digital board showing stock information inside the building of the Hồ Chí Minh Stock Exchange (HoSE). — VNA/VNS Photo Việt Nam is still on the watch list of FTSE Russel for a possible reclassification from frontier to secondary emerging market status, the global index provider FTSE Russel said in its September report. However, the opportunity for the stock market’s upgrade may become clearer next year. The country has been on the watch since 2018. FTSE Russel said that Việt Nam’s reform progress is slower than expected, partly due to the COVID-19 pandemic. Việt Nam has yet to meet the delivery versus payment (DvP) criterion, which is currently rated as ‘Restricted’ due to the market practice of conducting a pre-trading check to ensure the availability of funds prior to trade execution, FTSE Russel said. Meanwhile, as the market does not experience failed trades, the ‘settlement - costs associated with failed trades’ criterion is unrated. It added that Việt Nam would need … [Read more...] about FTSE keeps VN on watch for reclassification to secondary emerging market