Rizal Sukma (The Jakarta Post) PREMIUM Jakarta ● Thu, January 20, 2022 The recent visit by Cambodia’s Prime Minister Hun Sen to Myanmar has attracted much criticism from both within Myanmar and from other members of ASEAN. Contrary to the self-proclaimed “success” by both Hun Sen and the junta leader Gen. Min Aung Hlaing, the visit has not changed the harsh reality on the ground. In fact, while Hun Sen was in Myanmar, violence perpetrated by the Myanmar military continued and led to civilian casualties. After Hun Sen returned to Cambodia, the junta even sentenced Aung San Suu Kyi to another four years of imprisonment. Indeed, there has been no indication whatsoever that the junta will take serious steps to implement ASEAN’s five-point consensus (FPC). In fact, the visit was used by the military junta to create an impression of legitimacy and acceptance conferred by the ASEAN chair. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,000/month … [Read more...] about The ‘normalization’ of the junta’s rule In Myanmar?
Indonesia can lead G20 in sustainable energy transition
Michael CNCG Putra (The Jakarta Post) PREMIUM Rotterdam, the Netherlands ● Thu, January 20, 2022 to Read Full Story SUBSCRIBE NOW Starting from IDR 55,000/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login Related News Meet coal, Indonesia’s natural resource curse 2.0 The Glasgow Climate Pact and next steps in safeguarding our collective future Is ASEAN branding still attractive for the youth? You might also like : ‘Bersiap’: Ignoring Dutch colonialism The ‘normalization’ of the junta’s rule In Myanmar? Managing our coal supply ASEAN is poised for post-pandemic inclusive growth and prosperity – here’s why … [Read more...] about Indonesia can lead G20 in sustainable energy transition
KNM, Kejuruteraan Asastera, PetChem, Texchem Resources, Nestcon, Tropicana, Berjaya Corp and MGRC
- A + A KUALA LUMPUR (Jan 19) : Based on corporate announcements and news flow on Wednesday (Jan 19), companies that may be in focus on Thursday (Jan 20) include KNM Group Bhd, Kejuruteraan Asastera Bhd, Petronas Chemicals Group Bhd, Texchem Resources Bhd, Nestcon Bhd, Tropicana Corp Bhd, KNM Group Bhd 's board of directors has approved the proposed listing of its indirect wholly-owned subsidiaries on Catalist in Singapore. FBM Hudson Italiana SpA and FBM-KNM FZCO, collectively known as the FBM group, will be listed on the sponsor-supervised board of the Singapore Stock Exchange via an initial public offering. Electrical and mechanical engineering services provider Kejuruteraan Asastera Bhd (KAB) is set to acquire a mini-hydropower plant located in North Sumatera, Indonesia. KAB said that its wholly-owned subsidiary KAB Energy Holdings Sdn Bhd had entered into a term sheet agreement with Sarawak Cable Bhd to acquire the entire issued share capital of the latter’s … [Read more...] about KNM, Kejuruteraan Asastera, PetChem, Texchem Resources, Nestcon, Tropicana, Berjaya Corp and MGRC
Wall Street banks eye ‘new normal’ for trading revenue after stellar two years
- A + A NEW YORK (Jan 19): Wall Street banks are expecting trading revenue to settle at a "new normal" somewhere between pre-pandemic levels and the highs of the past two years, top executives and analysts say. A massive injection of cash into capital markets by the Federal Reserve led to unprecedented liquidity and trading activity through the pandemic as investors sought opportunities to cash in. But trading revenue at leading Wall Street banks fell in the fourth quarter as markets normalized and the Fed scaled back its asset purchases. Banks with large trading desks such as Goldman Sachs, JPMorgan and Morgan Stanley have been the biggest beneficiaries of market volatility, enabling traders to enjoy their best period since the 2007-09 financial crisis. Now, they face the realization that the favorable market backdrop will not last forever. "None of us could have anticipated the environment that we've lived through over the last two years and particularly the … [Read more...] about Wall Street banks eye ‘new normal’ for trading revenue after stellar two years
‘In the name of God, go’: UK’s Johnson faces demands to resign
- A + A LONDON (Jan 19): British Prime Minister Boris Johnson on Wednesday dismissed calls to resign from opponents and some of his own lawmakers, fighting to save his premiership amid a deepening revolt inside his party over a series of lockdown parties in Downing Street. Johnson, who in 2019 won his party's biggest majority in more than 30 years, is now fighting to shore up his authority after a series of revelations about parties in his Downing Street residence during Covid lockdowns. Johnson has repeatedly apologised for the parties and said he was unaware of many of them. However, he attended what he said he thought was a work event on May 20, 2020 to which staff had been told to "bring their own booze". Johnson said on Tuesday that nobody had told him the gathering was against Covid rules. "I expect my leaders to shoulder the responsibility for the actions they take," Brexit-supporting Conservative lawmaker David Davis told Parliament. Davis cited a quote … [Read more...] about ‘In the name of God, go’: UK’s Johnson faces demands to resign
Ageson plans share consolidation, rights issue to raise up to RM179m
- A + A KUALA LUMPUR (Jan 19): Ageson Bhd (formerly known as Prinsiptek Corp Bhd) intends to raise up to RM179.09 million — more than three times its market capitalisation of RM55 million — through a share consolidation and a rights issue. In a bourse filing, the construction and property company said it plans to consolidate every 15 existing shares into one share. For illustration, based on the company’s last transacted market price of 4.5 sen per share on Jan 17, the adjusted reference price would be 67.5 sen, post-consolidation. Ageson will then carry out a renounceable rights issue of up to 716.35 million new shares on the basis of two rights shares for every one consolidated share, on a date to be determined later. The issue price will also be announced at a later date. For illustrative purpose, based on the indicative issue price of 25 sen per rights share, the proposed rights issue is expected to raise gross proceeds of up to RM179.09 million. Of the … [Read more...] about Ageson plans share consolidation, rights issue to raise up to RM179m
Gold Azeron finds kissing male costar Nico Locco ‘magical’
Gold Azeron (left) and Nico Locco It changes your perspective on everything. It changes you as a person,” actor-host Nico Locco told Inquirer Entertainment as he recalled how traumatized he was after two unidentified men forcibly got his cell phone as he was crossing the street over a week ago. The incident happened at night in Makati City. Luckily, Nico wasn’t physically hurt. “They attempted twice. They failed the first time. I felt a hand graze my chest. They came back for Round 2 and, this time, I was using my phone, so they got it,” Nico recalled. “The first rider popped me in the back of the head twice. I wasn’t expecting it so I bent down and that’s when they snatched my phone and drove off.” He added: “We are experiencing difficult times, so people are desperate. You have to be careful especially when you’re walking in public. You have to understand your surroundings. I’m trying to let it go but I’m still mad that they took the phone. When I looked up, one guy turned … [Read more...] about Gold Azeron finds kissing male costar Nico Locco ‘magical’
‘Prima Donna’ teen stars’ growth, maturity manifest in Season 2 with new love teams to boot
The “Donnas” (from left): Althea Ablan, Jillian Ward and Sofia Pablo With age comes bigger responsibilities and expectations. That’s how Althea Ablan, Jillian Ward, Sofia Pablo and Elijah Alejo, the stars of the afternoon drama series “Prima Donnas,” feel going into their second season—this time, as young ladies navigating their way toward acting and personal maturity. “We’re now at a stage where we’re starting to mature, so people will be expecting us to give more and improve our craft. There will be new characters and storylines in the show, so I feel a bit of pressure,” Althea, 17, told the Inquirer in a recent virtual conference for the GMA 7 soap, which is now on its third year. “I’m still a baby in my parents’ eyes, but they can’t help but ask why I seem to be growing up so fast,” she added. “At work, we have to be alert and professional.” Former child star Jillian Ward observed that she has grown more meticulous about her work over the years. Perfectionist “For … [Read more...] about ‘Prima Donna’ teen stars’ growth, maturity manifest in Season 2 with new love teams to boot
Zanjoe Marudo ‘traumatized’ by domestic abuse scenes in ‘The Broken Marriage Vow’
Jodi Sta. Maria (left) as Jill and Zanjoe Marudo as David Actor Zanjoe Marudo, who plays lead in “The Broken Marriage Vow,” said doing the scene where his character David had to beat up his wife Jill (Jodi Sta. Maria) had been so difficult that his body was still trembling even the morning after they finished shooting it. “It was good that we did the scene when we were already halfway with shooting the entire series. We stayed in Baguio for almost two months. Prior to shooting the scene, I asked my costars if this was possible in real life, that a man could beat up his wife while he is cheating on her. From them, I heard of horrible true stories,” Zanjoe told reporters during a virtual media gathering to promote the local adaptation of the British series, titled “Doctor Foster.” “I can still remember clearly how much I trembled while we were doing the scene. I really opened myself to the experience, to the emotions that I felt as an effect of the experience. It was hard for me … [Read more...] about Zanjoe Marudo ‘traumatized’ by domestic abuse scenes in ‘The Broken Marriage Vow’
‘In the name of God, go’: UK’s Johnson faces demands to resign
British Prime Minister Boris Johnson speaks during the weekly question time debate at Parliament in London, Britain, Jan. 19, 2022. (UK Parliament/Jessica Taylor/Handout via REUTERS) LONDON — British Prime Minister Boris Johnson on Wednesday dismissed calls to resign from opponents and some of his own lawmakers, fighting to save his premiership amid a deepening revolt inside his party over a series of lockdown parties in Downing Street. Johnson, who in 2019 won his party’s biggest majority in more than 30 years, is now fighting to shore up his authority after a series of revelations about parties in his Downing Street residence during COVID lockdowns. Johnson has repeatedly apologized for the parties and said he was unaware of many of them. However, he attended what he said he thought was a work event on May 20, 2020, to which staff had been told to “bring their own booze”. Johnson said on Tuesday that nobody had told him the gathering was against COVID rules. “I expect my … [Read more...] about ‘In the name of God, go’: UK’s Johnson faces demands to resign