KUALA LUMPUR: The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night, an analyst said.
Workers at ECRM Nobita protesting outside a company office on Sept 12, saying they were owed wages and social insurance contributions. - ST READER
Singapore-headquartered Ninja Van co-founder Tan Boxian said in response to queries from The Straits Times: “We’ve decided to pause operations until the most pressing issues – delayed salary and social insurance payments – are resolved.” The firm is looking to fix the issue by the end of next week, he added.
The 31-year-old mother of one, whose pay is seven million Vietnamese dong a month, said she had to borrow five million dong from a colleague to pay for life expenses and school fees.Over 100 employees across all departments and positions have been impacted, said a team leader overseeing all technical and technological aspects of ECRM Nobita. Speaking to ST via e-mail on Sept 18, he said he had to sell the family car to cover part of his overdue bank loans and pay for his children’s school fees.
Ninja Van ECRM Nobita Suspension Salary
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