Tue, 21 May 2019, 7:02 AM
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Topic: Companies

The Edge Markets:
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WEARY of public listed companies that continue to not take their corporate governance responsibilities seriously, the Securities Commission Malaysia is considering naming and shaming them in its next ...
Malay Mail:
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BRUSSELS, May 17 — The European Union is seeking new ways to widen use of the euro and counter the dollar's global dominance, top EU officials said yesterday, as the bloc tries to salvage Iran's nuc...
The Star:
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KUALA LUMPUR: Malaysian Investment Development Authority (Mida) approved 4,084 manufacturing projects for Penang in 2018 with investments totaling RM129.1bil.
The Edge Markets:
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THE glut of office space in Kuala Lumpur has prompted Tower Real Estate Investment Trust to reinvent itself by offering co-working and co-living spaces in one of its properties.
The Star:
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PETALING JAYA: Income for businesses from eCommerce transactions has been steadily growing at a rate of about 6% per year, says the Statistics Department.
The Star:
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Britain may need to copy the United States in building a "super shield" against catastrophic cyberattacks or major IT glitches that could cripple the finance industry, a senior Bank of England official said on May 14.
The Star:
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PETALING JAYA: E-commerce is proving to be a boon for Malaysian businesses, with a survey finding that income from e-commerce transactions has grown at a rate of about 6% per year, up to 2017.
The Star:
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From watching pulp cook for hours on end and tracking parasite bugs on satellite photos to handling lengthy legal documents, Swedish forest companies are creating new jobs they would never ask a human to do.
The Star:
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French authorities should have more access to Facebook's algorithms and greater scope to audit the social media company's internal policies against hate speech, a report commissioned by President Emmanuel Macron has concluded.
Digital News Asia:
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COMPANIES across Asia Pacific will soon find it easier to access the latest offerings in the Oracle Cloud as a result of the newly launched Oracle Cloud Solution Hub in Kuala Lumpur.
The Edge Markets:
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The world’s economists have more than once recognised Malaysia’s strong fundamentals and diversified economy.
Malay Mail:
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TOKYO, May 8 ― When she worked in sales for a Japanese bank, Chihiro Narazaki was passed over for the best assignments in favour of older colleagues.
The Star:
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TOKYO: When she worked in sales for a Japanese bank, Chihiro Narazaki was passed over for the best assignments in favour of older colleagues. Her input was discouraged and she often stayed late just to do routine paperwork
The Star:
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GLOBALISATION, technology, mobility, Millennials and new attitudes are causing the employment scene to change at an ever-faster rate.
The Star:
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CHINESE technology companies are tapping the convertible bond market at an unprecedented pace.
Malay Mail:
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PUTRAJAYA, May 2 — Prime Minister Tun Dr Mahathir Mohamad confirmed today there was a proposal to the Cabinet to provide RM6 billion in allowances and salaries to assist fresh graduates at work.
The Star:
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With over three decades of providing certification, inspection and testing services under Sirim Berhad, Sirim QAS International was established as a wholly-owned subsidiary of the Sirim Group in March 1997.
The Edge Markets:
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(April 30): Asian stocks are set to drift Tuesday ahead of key China data that will provide clues on global economic growth.
Malay Mail:
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WASHINGTON, April 29 — US Secretary of State Mike Pompeo today expressed confidence that trade talks between the United States and China will not be affected by the end of Iran oil waivers this week...
Malaysiakini:
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YOURSAY | ‘But first, do educate and enforce strict laws on our own law enforcers.’ 24 containers of dirty plastic from Spain smuggled into Port Klang Mari Kita Ubah: The investigations must cover...
The Edge Markets:
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(April 29): Asian stocks looked set for a mixed start to a week that’s packed with a slew of data releases that may provide clues on global economic growth.
The Star:
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Kroger and Walgreens are testing shelves and coolers with built-in cameras that try to guess your age, gender or mood as a way to show you targeted ads in real time.
The Star:
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PUTRAJAYA: The proposed amendments to the Employment Act 1955 will include regulations to protect domestic workers, said Human Resources Minister M. Kulasegaran.
Tech in Asia:
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A Hong Kong biotechnology startup claims to have come up with a new procedure that could dramatically improve the efficiency and lower the cost of cancer screening.
Malay Mail:
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KUALA LUMPUR, April 23 — The Energy, Science, Technology, Environment and Climate Change Ministry will launch a “full force” crackdown on illegal plastic waste, Yeo Bee Yin vowed today.
The Star:
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The European parliament voted on April 17 to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of being asked to do so by authorities.
Malaysiakini:
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The European parliament voted on Wednesday to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of be...
The Star:
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NEW YORK: U.S. stocks ended slightly lower on Wednesday as a drop in healthcare shares overshadowed a string of positive corporate earnings and upbeat economic data from the United States and China.
The Star:
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PETALING JAYA: The investments from Chinese firms in Malaysia are expected to surge following the conclusion of East Coast Rail Link (ECRL) project.
Malay Mail:
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NEW YORK, April 18 ― US stocks ended slightly lower yesterday as a drop in healthcare shares overshadowed a string of positive corporate earnings and upbeat economic data from the United States and ...
PaulTan.org:
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The government has rolled out the new electronic vehicle number plate bidding system it said would be introduced this year, albeit three months later than that proposed by the transport ministry.
Tech in Asia:
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During the internet boom of the 1990s, Silicon Valley tech workers clocked up long hours to keep their startups afloat amid fierce competition and rapidly changing technology trends.
Malaysiakini:
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LETTER | Decades ago in Malaysia, it was common to give certain big companies monopolies or heavy advantages in certain industries.
The Star:
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SHANGHAI: Investors are never short of trading ideas in China’s $7.6 trillion stock market. On Thursday, they found inspiration in a very far off place, in the form of a super-massive black hole.
Malay Mail:
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LONDON, April 9 — London’s main share index lost ground today as Rolls Royce weakened after the US proposed a list of EU goods for retaliatory tariffs, while investors awaited updates on a postpon...
The Star:
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Prospects for a national US law to protect consumers’ online data are looking brighter.
The Star:
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Companies working with artificial intelligence need to install accountability mechanisms to prevent its being misused, the European Commission said on April 8, under new ethical guidelines for a technology open to abuse.
Malay Mail:
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BRUSSELS, April 8 — Companies working with artificial intelligence need to install accountability mechanisms to prevent it being misused, the European Commission said today, under new ethical guidel...
Malay Mail:
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WASHINGTON, April 4 — President Donald Trump yesterday ordered a crackdown on counterfeit products on third-party online marketplaces, asking for more information on how the United States can better...
Lowyat.NET:
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Creating the largest possible screen area clearly seems to be the trend within the smartphone industry these days, with many phone brands resorting to using either a notch or a pop-up camera system to...
The Edge Markets:
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KUALA LUMPUR (April 2): Malaysian employees increasingly believe that it is the responsibility of chief executive officers to drive change, rather than the government of the day, according to the late...
theSun:
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KUALA LUMPUR: Single-person household will record 128% growth in 2000-2030, while the total number of household heads aged 60+ will reach 807 million by 2030, says global market research company, Euro...
The Edge Markets:
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KUALA LUMPUR (April 1): Some 85% of Southeast Asian (SEA) companies intend to divest business units by 2021 to gain competitive advantage in the face of changing technology, and sector convergence, ac...
Digital News Asia:
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THE recent announcement by HWGG Capital of HWG Cash, a digital token pegged to the US Dollar, may have come as surprising news considering the current efforts of the Securities Commission (SC) to regu...
Malay Mail:
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SAN FRANCISCO, March 28 — Technology executives were put on the spot at an artificial intelligence summit this week, each faced with a simple question growing out of increased public scrutiny of Sil...
The Edge Markets:
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KUALA LUMPUR (March 27): Companies which have submitted their income tax return forms for the 2018 year of assessment (YA 2018) prior to the announcement of the Special Voluntary Disclosure Programme ...
Malaysiakini:
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LETTER | I refer to news reports that the government plans to introduce congestion charges to replace the standard toll charges.
Tech in Asia:
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Building a great product or solution is essential, but a company won’t go very far if it can’t provide a robust customer experience.
theSun:
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JITRA: Rebutting a viral social media assertion that there was low turnout for the Solidarity Peace March organised in Kuala Lumpur yesterday (March 23), Minister in the Prime Minister’s Department,...
Malay Mail:
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LONDON, March 22 — The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said yesterda...
The Star:
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While most of the discussion around Amazon’s presence in the game industry revolves around their scattershot game projects and rumoured cloud gaming platform, the tech giant has been far more involved in building the backend infrastructure for major games.
Malay Mail:
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LOS ANGELES, March 21 — This week Google introduced its video game-streaming service to the world; the Alphabet subsidiary is just one of the top Fortune 500 tech and media companies turning towards...
Malay Mail:
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MLADÁ BOLESLAV, March 20 — Once the butt of jokes, Czech-made Skoda cars have won over Brits, but the UK’s looming exit from the European Union could deal a heavy blow to the brand and the entir...
Free Malaysia Today:
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KUALA LUMPUR: Putrajaya today declared war on illegal animal poachers, forming a special task force to ensure the Malayan tiger continues to roar.
theSun:
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ALOR STAR: A charity tahfiz centre in Sungai Petani was ordered closed because it had been operating without permission and was believed to have used children to collect donations in the name of the r...
Free Malaysia Today:
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ALOR SETAR: A charity tahfiz centre in Sungai Petani was ordered closed because it had been operating without permission and was believed to have used children to collect donations in the name of the ...
Malaysiakini:
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The International Trade and Industry Ministry has confirmed that 36 approved permits (AP) have been issued to new companies.
Malaysiakini:
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LETTER | The policy to abolish the services of more than 100 outsourcing companies in recruiting and managing migrant workers would normally be welcome news for civil society organisations such as Ten...
Malay Mail:
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KUALA LUMPUR, March 13 — KUALA LUMPUR, March 13 — Online hiring demand fell 3 per cent last December from a year ago, but rebounded by 7 per cent in the last quarter of 2018, recruitment firm Mons...
Digital News Asia:
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“THE prospects for Asia remain bright.
Free Malaysia Today:
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KUALA LUMPUR: Eight out of 10 Malaysia-based employees, or 83%, are expecting a yearly bonus of between one and two months’ salary, says Randstad Malaysia country director Ryan Carroll.
The Edge Markets:
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The erosion of trust is not something new to the world but in Malaysia, it has come under the spotlight since the 14th general election in May last year that saw a historic change in federal governmen...
EdgeProp.my:
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We have read and heard of a number of unfortunate incidents that involve residents of People’s Housing Programme (PPR) schemes.
PaulTan.org:
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Offers made by dealers to the effect of ‘zero down payment required’ for the purchase of cars is against the law, said the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP). This is a sale...
The Edge Markets:
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SINGAPORE (March 4): Malaysia says it is trying to develop its first flying car, but it won’t let the general public drive it.
Malay Mail:
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PARIS, March 3 — A three per cent tax on the French revenue of large internet companies could yield €500 million (RM2.3 billion) per year, French Finance Minister Bruno Le Maire said today.
Tech in Asia:
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Fusang Group announced it has received approval for a securities exchange license in Labuan, Malaysia.
The Star:
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Samsung Electronics Co and Huawei Technologies Co may have unveiled 5G smartphones for consumers in the past week, but carriers expect business clients to lead the way in generating revenue from the latest wireless technology.
Vulcan Post:
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Just shy of 9 months ago, GRVTY Media signed a partnership deal with digital marketing strategists Creme Digital as part of a larger goal to pursue meaningful engagement through an enhanced branded co...
The Edge Markets:
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AFTER another week of thoroughly inconclusive Brexit talks, UK Prime Minister Theresa May has decided — surprise, surprise — for yet more delay.
EdgeProp.my:
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KUALA LUMPUR (Feb 26): UEM Sunrise Bhd posted a profit of RM20.08 million in the fourth quarter ended Dec 31, 2018, from net loss of RM50.95 million a year earlier, in tandem with higher revenue, lowe...
Tech in Asia:
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It’s no secret that AI is set to disrupt the world as we know it, from the way we work to the way we live and interact with one another.
EdgeProp.my:
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KUALA LUMPUR (Feb 23): A structured team under the purview of the Ministry of Housing and Local Government will be placed at affordable housing projects to look into the management of these properties...
EdgeProp.my:
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MELAKA (Feb 22): The Melaka government is allocating RM3 million a year for its “Rumah Peduli” housing programme for the hardcore poor with land in the state.
Malay Mail:
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WASHINGTON, Feb 20 — The US economy should continue growing this year at the same pace seen in 2018, and there is only a very slim chance of recession, the chief White House economist said yesterday...
The Edge Markets:
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AS the economic outlook for the next 12 months gets cloudier, and with major industries still facing uncertainties and difficulties, more companies listed on Bursa Malaysia are expected to tap their m...
Malay Mail:
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NEW YORK, Feb 17 — As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit marg...
EdgeProp.my:
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PUCHONG (Feb 17): Housing and Local Government secretary-general Datuk Seri Mohammad Mentek visited property portal EdgeProp.my's exhibition booth at the Community Carnival Exhibition held in conjun...
EdgeProp.my:
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PUCHONG (Feb 17): The Ministry of Housing and Local Government (KPKT) will be establishing Sekretariat Muafakat Komuniti offices at all People’s Housing Projects (PPR) with the aim of creating a...
EdgeProp.my:
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PUCHONG (Feb 17): Prime Minister Tun Dr Mahathir Mohamad has urged the private sector to give back to society by working together with the government to build more affordable homes for Malaysians.
EdgeProp.my:
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PUCHONG (Feb 17): Government intervention in the property market is needed to ensure an equitable society that could contribute and support the country's economic growth, said Prime Minister Tun Dr Ma...
EdgeProp.my:
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PUCHONG (Feb 17): More than 5,000 people witnessed the official launch of Dasar Komuniti Negara (DKN) or the National Community Policy today at Padang Puchong Indah, Selangor by Prime Minister Tun Dr...
Malay Mail:
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VIENNA, Feb 14 — Austria’s competition authorities said today they were launching a probe into whether US online retail giant Amazon was abusing its dominant position to favour its own products ag...
Free Malaysia Today:
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KUALA LUMPUR: Sovereign wealth fund Khazanah Nasional will unveil a plan this month to deliver more cash to the government by pruning its stakes in non-strategic assets and dialling back its offshore ...
The Edge Markets:
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KUALA LUMPUR (Feb 13): The FBM KLCI slipped 2.11 points or 0.13% to close at 1,685.30 today after investors appeared to have sidelined big capitalisation (big cap) stocks in favour of smaller plays.
Tech in Asia:
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With the Chinese economy slowing, concern has increased among Chinese policymakers about the outlook for employment, since ensuring a sufficient number of new jobs is seen as a necessary ingredient in...
theSun:
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KUALA LUMPUR: Companies or individuals involved in obtaining, possessing or distributing marijuana for medical purposes will not be penalised if the drug is registered as a medicine.
The Star:
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The UK should tackle the power of Silicon Valley over Britain’s news publishers and push US tech giants to promote quality journalism, according to a report commissioned by the government to assess remedies for the struggling local press.
CarSifu:
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SAN FRANCISCO: California-based start-up Artisense has developed software for vehicles and robots that can create and update maps used for automated driving.
The Edge Markets:
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Bahau, MALAYSIA/KUALA LUMPUR/LONDON (Feb 11): Satellite imaging has been used to spot deforestation in areas of palm oil cultivation for years, but obtaining the images was expensive and they often to...
The Star:
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THE primary aim of the Malaysian Code of Corporate Governance 2017 (MCCG) is to instil greater governance culture not only among listed entities but also among all companies which are now encouraged to adopt the practices outlined.
The Edge Markets:
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KUALA LUMPUR (Feb 7): Malaysian oil and gas services and equipment (OGSE) companies must diversify their businesses to remain competitive amidst signs of greater market volatility in 2019, said Malays...
EdgeProp.my:
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A report cites sources as saying that China offered to reduce the East Coast Rail Link (ECRL) project construction costs, as Prime Minister Mahathir Mohamad had, in the past stated that the Malaysian ...
The Edge Markets:
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KUALA LUMPUR (Jan 28): Malaysia stands to lose foreign business activity to Vietnam if it does not ratify the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), says The Ec...
The Edge Markets:
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The Star:
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THE influential International Monetary Fund (IMF) has predicted slower global growth this year on the back of financial volatility and the trade war between the United States and China.
The Edge Markets:
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THIS week, France’s data-protection regulator demanded that Google pay a record fine for violating Europe’s expansive new privacy rules.
The Star:
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LOS ANGELES: Chinese film and TV stars have paid some $1.7 billion (RMB11.7 billion) of additional taxes, following the mid-2018 scandal surrounding actress Fan Bingbing. The figure was announced Tuesday by China's State Tax Administration.
Free Malaysia Today:
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PETALING JAYA: An analyst has attributed conflicting claims by Finance Minister Lim Guan Eng and MCA president Wee Ka Siong to the 11.3% increase in direct tax collected last year to a misunderstandin...
EdgeProp.my:
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KUALA LUMPUR: While reports of lay-offs by various companies in the past year have caused some anxiety in the job market, economists say they are not yet of alarming proportions.