Flex inaugurates new manufacturing unit in TN

Flex, a global electronic component manufacturer, Saturday said it was expanding its operations in India by setting up a new manufacturing facility in Tamil Nadu. The new unit, located in Walajabad in Kancheepuram district, was formally inaugurated by Information Technology secretary Ajay Prakash Sawhney, a company press release said Saturday. Commenting on the setting up […]

Electricity subsidy is wrong, Pun tells minister

Business leader Serge Pun weighed into the debate on the country’s energy tariff reforms at the Myanmar Global Investment Forum in Nay Pyi Taw on September 11, calling the electricity subsidy “wrong” and saying that the authorities are not pushing reforms due to “political sensitivity.” “I think it [subsidising electricity] has always been a wrong […]