Training, not layoffs, is the SATS recipe
Singapore Airport Terminal Services (SATS) – The catering arm of SATS is unlikely to resort to lay-offs, choosing instead to cross-train its people and tap synergies to boost productivity in these trying times. 'We do a lot of in-house training and re-skilling of people. We are proactively cross-training people so we have a more dynamic workforce,' said executive chef John Sloane, adding that retrenchment is not on the agenda. Chefs from SATS' majority-owned subsidiary Country Foods, which manufactures and distributes frozen and chilled food products, now sometimes help out when there are manpower constraints - and vice versa. If the proposed acquisition of Singapore Food Industries (SFI) goes through, it will be another string to the bow for SATS. SATS has proposed the acquisition of a 69.62 per cent stake in SFI for $334.5 million from Temasek's wholly-owned subsidiary Ambrosia Investment.
Thailand's AIS won't be selling iPhone
Advanced Info Service, Thailand's largest mobile phone operator, said on Friday it had failed to reach agreement with Apple Inc to offer the 3G iPhone in the Thai market. 'We don't accept Apple's proposal to bring iPhone to the Thai market because we don't think it will be good for us in terms of business,' chief executive Vikrom Sriprataks told reporters over the weekend. AIS's smaller rival, True Move PCL, a unit of True Corp plans to launch the 3G iPhone in Thailand from Jan 16, making it the first operator to sell the new phone in the fast-growing market.
Source: Kim Eng
Monday, January 12, 2009
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