90 ringgit to dollar

Google is taking a pause. Last week, Google and Alphabet CEO Sundar Pichai announced that it would slow down hiring for the rest of the year. But a recent email from Prabhakar Raghavan, a senior vice president at Google, revealed that the company will also feeze all hiring for two weeks, as reported by The Information . "We'll use this time to review our headcount needs and align on a new set of prioritized Staffing Requests for the next three months," Raghavan reportedly said in the email. You may not find this surprising. After all, Facebook parent company Meta also recently announced hiring cutbacks, in addition to Meta CEO Mark Zuckerberg's claim that he was "turning up the heat" on Meta employees in the face of a global recession. But Google's announcement hinges on a single, very important word: Pause. With the word "pause," Google demonstrates a more emotionally intelligent approach to Meta's. At the same time, it provides subtle evidence of a … [Read more...] about Google Just Made a Brilliant Announcement That Could Save Millions of Dollars. It’s a Lesson in Emotional Intelligence

The Philippine peso could again start depreciating against the US dollar if the Bangko Sentral ng Pilipinas (BSP) will go slow on increasing its key rates following improved economic data from the United States. Emilio Neri Jr., lead economist at the Bank of the Philippine Islands, said the peso was again the weakest currency among those in the five biggest emerging economies of the Association of Southeast (SE) Asian Nations. Citing data from Bloomberg, Neri said the peso had lost 7.6 percent of its value against the US dollar since the start of this year. The peso started 2022 at 51:$1 and closed spot trading at 55.61:$1 on Aug. 12. Over the past 32 weeks, the Vietnamese dong, Indonesian rupiah, Thai baht and Malaysian ringgit fared better than the local currency. During that period, “the Philippine peso underperformed due to the [BSP’s] dyed-in-the-wool dovish stance [although] an off-cycle hike and a shift in rhetoric has provided reassurance,” Neri said. On July 14 at an … [Read more...] about BSP urged to stay aggressive on rates

A cashier’s check is a check drawn against the bank’s account rather than yours. It is written in the bank’s name and typically signed by a teller. The bank is responsible for paying the check to the payee. You pay the bank the funds needed to cover the check from your account. You have to go to a bank or credit union—in person or online—to get a cashier’s check. In several scenarios, it makes sense to use a cashier’s check in place of a personal check because of the benefits and protections it offers that you may not enjoy with personal checks or cash payments. Alternatively, you can use a certified check, money order, wire transfer, or social payment app to make a payment. Each form of payment has its pluses and minuses. Here’s what you need to know about using cashier’s checks, how to get one, and what to use in their place if you need another option. Key Takeaways A cashier’s check is drawn from a bank’s or credit union’s funds and signed by a cashier or teller, which … [Read more...] about What a Cashier’s Check Is and Where to Get One

Share to Twitter Share to Linkedin The first thing you need to know is I’m not blaming electric cars for my recent, blood-boiling efforts to charge one I was test-driving in a strange town. Buzzmobiles have their problems, sure, but billions of dollars are being invested in both the cars and the infrastructure to charge them. They’re not going anywhere. And once you get ‘em full of juice, they’re loads of fun. I’ll tell you what happened. I drove the Polestar 2 in and around Los Angeles and in Pasadena, where I was housesitting/watching a cat, for nine days. I parked every night under the apartment building I was staying in, which is not equipped for charging electrics. No surprise there. I just thought I’d find whatever charging station I could find, hook up and take off for a couple of hours, come back and be on my way. I signed up for ChargePoint, put money into the account and used their map to find me the nearest charger when it was time … [Read more...] about Charging An Electric Vehicle Away From Home Recently Was A Frustrating, Time-Consuming Endeavor

- A + A KUALA LUMPUR (Aug 12): Leading global video game developer Virtuos has officially opened its Kuala Lumpur studio as part of its global network to deliver full game development, engineering and art production services to game developers and publishers. The Malaysian Investment Development Authority (MIDA), Malaysia Digital Economy Corporation (MDEC) and Virtuos said Virtuos Kuala Lumpur will be a significant addition to Malaysia’s fast-developing video games sector. “In collaboration with the Malaysian Government, Virtuos will focus on expansion and training of new talent,” it said in a joint statement with MIDA and MDEC on Friday. Virtuos Kuala Lumpur general manager Mufizal Mokhtar said he is excited to play an active part in Malaysia’s game development industry and the growth of its digital ecosystem. “Thanks to the support of the Malaysian government and our global Virtuos network, we look forward to welcoming the best talent to our multicultural team … [Read more...] about Virtuos KL studio to support regional growth in video games development

- A + A KUALA LUMPUR (Aug 12): Sentoria Group Bhd said it is taking legal advice on the purported termination of the lease agreements for 120 acres of Malay reserve land in Langkawi by Lembaga Pembangunan Langkawi (LADA). The group’s 75%-owned subsidiary Sentoria Langkawi Sdn Bhd (SLSB) had signed two agreements with LADA in 2014 to lease 70 acres of land in Padang Mat Sirat for a lease premium consideration of RM30.49 million as well as 50 acres of land in Mukim Ulu Melaka for RM10.89 million — both with 90-year leases. LADA is the registered owner of both tracts of land. SLSB leased the two plots of land with the intention of developing them into projects known as Langkawi Geopark Resort City and Langkawi Medical Village. Sentoria said that SLSB has paid RM41.38 million to LADA as lease premium consideration with a loan of RM28.9 million from Affin Bank Bhd and the remaining RM12.48 million from internally-generated funds. In a bourse filing on Friday, … [Read more...] about Sentoria’s lease agreements allegedly terminated by LADA, company taking legal advice

- A + A SUBANG JAYA (Aug 12): Heineken Malaysia Bhd cautioned that cost escalation is not over and may hit the company hard in 2023. “We announced price increases in August, which were to recover some cost increases. As we move into the new year, the impact of cost escalation will hit us very much,” its managing director Roland Bala told a media briefing on the company's financial performance for the first half ended June 30, 2022 (1HFY22) on Friday (Aug 12). As to whether there will be further price hikes, Roland said: "No one can guarantee what the future is, (but for now) we have taken appropriate measures.” Heineken Malaysia’s net profit jumped 102% to RM199 million in 1H22 from RM99 million in 1HFY21, as revenue climbed 50% to RM1.3 billion from RM897 million. “I want to remind everyone that this is against the weak comparison last year, (when) the brewery was closed in the whole of June and the on-trade business was closed," he said. Having said that, … [Read more...] about Heineken Malaysia warns of impact from further cost escalation in 2023

- A + A BANGKOK (Aug 12): Asia Aviation Plc (AAV), a major shareholder of Thai AirAsia Co Ltd (TAA), reported total revenue of 2.78 billion baht in the second quarter of 2022 (2Q 2022), up 157% year-on-year (y-o-y). This follows a strong recovery in the tourism industry, driven by solid domestic growth and reinstatement of key international routes especially to India, Malaysia and Singapore, it said. The company registered a loss of 4.72 billion baht in 2Q 2022 following the setbacks from the doubling of global fuel prices, due to consumption outpacing supply globally, higher maintenance costs and the depreciation of baht against the US dollar. In the quarter reviewed, TAA carried 1.68 million passengers, or an increase of 133% y-o-y, with a load factor of 75%, up 14 percentage points compared with the same period last year. "Seat capacity returned to 33% of what it was in Q2 2019, before the Covid-19 pandemic," it said in a statement today. For the first half … [Read more...] about Asia Aviation records revenue of 2.78 bil baht in 2Q 2022

Jamie Hale, CEO and cofounder of digital life insurance firm Ladder, looks like he’s perpetually smiling. Even when he dives into statistics, there’s a smile tucked into his voice. advertisement advertisement When Hale was 11, his father passed away unexpectedly. His father’s life insurance policy meant he and his mother and brother were able to stay in the same community and continue to be supported by family and friends. “Life insurance gave us emotional resiliency and it gave us financial resiliency,” he says. Hale went on to Harvard Business School and a career in investment banking. However, he wanted to combine his financial know-how with making an impact. Around the same time, his cofounder Jeff Merkel was leaving his job at Google and struggling with the process of getting life insurance. Hale; his wife, Laura; Merkel; and Jack Dubie, a former Dropbox engineer, decided to found Ladder in 2015. Life insurance has been sold in the United States … [Read more...] about Digital life insurance took off during COVID-19. Ladder wants to keep the momentum going

Memorial Day is approaching quickly, and the unofficial beginning of summer also marks a big uptick in weekend trips to make the most of the season. Whether you’re flying, driving, or taking a train, a tried and true companion on these trips is the humble weekender bag. In the interest of helping you give your weekend trips an upgrade this year, we had Fast Company editors and writers try five bags and give their honest opinion. advertisement advertisement Everlane Quilted Weekender I am in the process of packing up my stuff and moving to a new apartment at the moment and the Everlane quilted weekender bag has proved incredibly useful for carting a ton of clothes back and forth to consign at The RealReal and Buffalo Exchange. It is lightweight and deceptively huge with a lot of different compartments so I can fit a lot in. The minimalist quilted design also looks nice and chic (certainly beats the blue Ikea bag I was using before). It’s been marked … [Read more...] about 5 bags that are perfect for your summer weekend getaways