IOI Corp 3Q net profit surges 6.7 times on forex, Loders disposal gains
KUALA LUMPUR (May 16): IOI Corp Bhd's net profit surged 6.7 times to RM2.07 billion in the third financial quarter ended March 31, 2018 (3QFY18) from RM305.3 million a year ago, due mainly to foreign exchange (forex) gain of RM201.9 million and higher contribution from the resource-based manufacturing segment.
The largest Dutch supermarket chain, Albert Heijn, is planning its own blockchain makeover. Albert Heijn wants to stamp bottles of its private-label juice with special QR-codes. Customers can scan them with an app that will show details about its origin and supply chain. Along with major supplier Refresco, Albert Heijn will store all information related to the sourcing, production, and distribution on a distributed ledger. It’s all part of a greater plan to provide its customers with more information. There is growing consumer concern for the origin of products – particularly fresh produce. “In some cases the production process is… This story continues at The Next Web