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Raffles Infrastructure on new path to redemption

Formerly known as China Fibretech, the company has discarded fabric business to venture into infrastructure

Published Tue, Oct 23, 2018 · 09:50 PM

Singapore

DOWNPLAYING customer complaints can damage a company's reputation and its bottom line.

But in the case of China Fibretech, it did the exact opposite and damaged itself even more by hastily compensating three customers over dubious claims of defective products.

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Companies & Markets

Companies & Markets

Raffles Infrastructure on new path to redemption

Companies & Markets

BNP Paribas beats estimates as lower costs offset trading slump

TikTok ultimatum puts US firms in firing line for China response

Toyota and Nissan pair up with Tencent and Baidu for China AI arms race

BHP targets Anglo American in bid valuing miner at US$39 billion

FTSE 100 hits record high on big mining M&A, earnings push

Hermes Q1 sales jump 17% on strong China demand

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