- A + A (May 23): Hartalega Holdings Bhd rose 4.3% on Monday morning (May 23). Trading volume was double the average for this time of day. Its share price increased to RM4.37 from RM4.19. The stock was the best performer among its peers. Meanwhile, the FBM KLCI rose 0.4%, while the MSCI AC Asia Pacific Index gained 0.6%. Market metrics Trading volume was 427,000 shares, double the 20-day average of 173,715 shares for this time of day. Of shares that were traded, 32% were at the ask price and 48% were at the bid. Market insights Hartalega's share price declined 56% in the past 52 weeks, compared with a 59% decrease for the company's Bloomberg peers. The KLCI lost 0.8%. The share price of Hartalega is down 0.7% in the past five days and fell 5.2% in the past 30 days. Hartalega trades at 23 times its estimated earnings per share (EPS) for the coming year. It trades at 3.3 times trailing EPS. The company is priced at 2.9 times book value. The … [Read more...] about Hartalega shares up most in seven weeks, trading volume doubles
7 plus seven year switch
How Female Founders In Fashion Are Increasingly Making Their Mark
Share to Twitter Share to Linkedin As fashion evolves each year, a new power dynamic is coming into play more than ever. A study by Business of Fashion revealed that women designed 40% of womenswear fashion brands, but they only make up about 14% of leadership positions among the largest fashion brands. Another report found that women lead less than 13% of Fortune 1000 Retail and Apparel companies . However, there is little doubt that female fashion founders are increasingly making their mark by promoting sustainable products, revolutionizing plus-size fashions, and championing inclusive designs. The Women Behind Fashion's New Sustainable Statements The Cotton Incorporated Lifestyle Monitor survey results indicated that 30% of consumers always/usually purchase clothing marketed as sustainable. As a result, fashion companies and their female leaders are rising to meet the demand for environment-friendly clothes. SKATIE Founders Skatie Noyes … [Read more...] about How Female Founders In Fashion Are Increasingly Making Their Mark
Jeepney strike: Schools, gov’t offices closed
2-DAY STRIKE Jeepney drivers are starting a two-day transport strike starting today to oppose the government’s modernization plan for public utility vehicles. —MARIANNE BERMUDEZ Suspending work and classes nationwide today, Monday, shows that Malacañang “is nervous” about the two-day transport strike protesting a program phasing out jeepneys at least 15 years old, the leader of the mass action said on Sunday. Already, the Land Registration Franchising and Regulatory Board (LTFRB) said the mass action could be part of destabilization efforts. “We are receiving reports that the transport strike tomorrow led by Piston (Pinagkaisang Samahan ng Tsuper and Operator Nationwide) will be supported by other left-leaning groups. Allegedly, the plot is to destabilize the government,” an LTFRB board member, Aileen Lizada, said on the eve of the strike. Piston claims 200,000 members nationwide. Palace, number coding More than a week ago, President Rodrigo Duterte, facing accusations of … [Read more...] about Jeepney strike: Schools, gov’t offices closed
Zilingo ex-CEO Ankiti Bose says receiving threats, calls sacking ‘witch-hunt’
Ankiti Bose said she and her family were receiving constant threats online. (Image: @ankitibose/Instagram) Ankiti Bose, the Indian-origin founder of Singapore based B2B startup Zilingo has been fired on grounds of “insubordination” after a 51-day suspension. Bose, 30, shared a note on Instagram vowing to act against the “witch-hunt”. "I was suspended on the basis that the company had instructed Kroll to investigate the complaint. I have neither seen the Kroll nor Deloitte reports and not been given sufficient time to produce any documents requested by them,” Bose wrote. "Any report that comes out post my termination would be vitiated as it seems to be instructed by conflicted parties and we will pursue our rights against this witch-hunt to the full extent of the law. I will be speaking on record shortly with more details about the conflicts of interest in the manner this process was run,” she added. Also read: Who is Ankiti Bose, the suspended Zilingo CEO who … [Read more...] about Zilingo ex-CEO Ankiti Bose says receiving threats, calls sacking ‘witch-hunt’
Five Lessons Learned On Choosing A Business Partner
Share to Twitter Share to Linkedin Lisa Richards the Founder/CEO of RPZL . As a business owner of multiple companies in varying industries, I’ve learned a lot about what makes a good business partner — and what doesn’t. I have been involved with many startups in their beginning stages, and I've seen firsthand that the right business partnership is integral to the overall success of the company. You have to choose the business partner who is right for both you and for the business. To set yourself and your business partner up for success, you need more than just good working chemistry and to be aligned on the basic needs. Here are my five key takeaways on running a business with someone else and what to be on the lookout for before you enter into a corporate marriage of sorts and start a business with another person. Ensure you both have skin in the game. When you start a company, it's 50/50. From my perspective, both you and your … [Read more...] about Five Lessons Learned On Choosing A Business Partner
Prasarana establishes committee to identify cause of LRT train brake issue
- A + A KUALA LUMPUR (May 22): Prasarana Malaysia Bhd (Prasarana) has established a committee to identify the main cause behind the brake caliper hydraulic fluid leakage that caused a disruption to the Kelana Jaya line Light Rail Transit service on Friday (May 20). The committee is made out of Rapid Rail Sdn Bhd (Rapid Rail) train spare parts supply companies, original equipment manufacturers (OEM) and independent consultants. Transport Minister Datuk Seri Dr Wee Ka Siong said the committee wiill begin work this Tuesday (May 24) to identify the main problem in a period of two weeks before followup action is taken. “Because of two incidents occurring in less than two weeks, we need to view the matter comprehensively and figure out why there are hydraulic fluid leaks and both are related to calipers said to be damaged because according to the maintenance schedule, it occurred earlier than its expected lifespan. “That’s why we need to study why the damage occurred … [Read more...] about Prasarana establishes committee to identify cause of LRT train brake issue
Penn Badgley Relives The Awkward And Sweet Moments Of Adolescence In New Podcast
Share to Twitter Share to Linkedin In their new Stitcher podcast, Podcrushed , Nava Kavelin, Penn Badgley and Sophie Ansari revisit the anxiety and hilarity of the awkward teen years. The three creators and hosts all bring their unique perspectives to the show. Badgley spent his middle school years as a child actor in Hollywood. Ansari is a former fifth grade teacher who grew up in seven different countries, and Kavelin is a former middle school director who spent her formative years in Puerto Rico. Podcrushed begins each episode with a listener’s middle school story ( stories can be submitted here ), narrated by Badgley and complete with its own musical score. The hosts then welcome a celebrity friend to share an embarrassing middle school story, resulting in a range of tales from first crushes to personal grooming nightmares to schoolyard dramas. Their first guest is Badgley’s former Gossip Girl co-star Leighton Meester. Future guests include Amy … [Read more...] about Penn Badgley Relives The Awkward And Sweet Moments Of Adolescence In New Podcast
Apple, Microsoft And Google Are Killing Passwords…And Other Small Business Tech News This Week
Share to Twitter Share to Linkedin Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 - Apple, Microsoft, and Google want you to go password-less. Apple, Google, and Microsoft recently announced that they will soon employ technology from the FIDO (Fast Identity Online) Alliance to make it possible for users to work across websites and apps by logging into a single website in Chrome from their PC using an iPhone. Users will use facial recognition, passcode, or fingerprint ID to register their identity through their smartphone. Once users confirm their identity on their phones, it’s there for good. (Source: Yahoo Finance ) Why this is important for your business: One of the biggest trends business owners will see over the next couple of years will be the death of passwords. Easily hacked and poorly administered, passwords have always been a lousyt way to secure data. The … [Read more...] about Apple, Microsoft And Google Are Killing Passwords…And Other Small Business Tech News This Week
10 Best Features of the new Ford Ranger
For the next-generation Ranger, Ford considered a variety of options, including the wildly popular existing model and how it might be improved. For this purpose, it conducted significant customer research from seven regions and was brought to this vehicle by the level of human-centred design thinking and how Ford incorporated the vehicle into its customers' lives.The results are overwhelming -- the all-new Ford Ranger is loaded with a bunch of new features that sets a new benchmark in the 1 tonne pickup market. We selected the top 10 features that put this model at the top the podium. 1. Wider track and longer suspension Ford has moved the front wheels 50mm towards the front for a better approach angle and outboard for better off-road articulation, both of which improve the off-roading experience. The Ranger measures 1,848mm in height, 5,389mm in length, 1,850mm in width that brings about a total of 2,246kg of unladen weight. The Ranger WILDTRAK 2.0 Bi-Turbo 4x4 comes standard … [Read more...] about 10 Best Features of the new Ford Ranger
Impressive 140-Acre Estate In The Heart Of Virginia Asks $11 Million
Share to Twitter Share to Linkedin Eaglecrest is a 140-acre estate in the heart of Virginia that was inspired by such presidential mansions as George Washington’s Mount Vernon and Thomas Jefferson’s Monticello. Set in Charlottesville, about a 2-hour drive from Washington, D.C., the property has easy access to historical sites, wineries and outdoor recreation including hiking, horseback riding and golf. Nearby are the University of Virginia, President James Monroe’s Highland residence and Montpelier, the home of President James Madison. “While this home offers seclusion, privacy and a certain – rather difficult to find these days – serenity, Charlottesville's bustling downtown is a mere 15-minute drive away,” says listing agent Fouad Talout of Long & Foster Real Estate . “The city offers exciting nightlife and honest Southern hospitality. This property truly offers the best of both worlds.” Completed in 2000, the residential compound … [Read more...] about Impressive 140-Acre Estate In The Heart Of Virginia Asks $11 Million