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This article first appeared in City & Country, The Edge Malaysia Weekly, on August 8, 2022 - August 14, 2022. From left: City & Country editor E Jacqui Chan, Ichiro, Ho, Tay, Au, The Edge Malaysia chief commercial officer Sharon Teh and EdgeProp Malaysia managing director Alvin Ong at the sponsors’ meet on Aug 2 (Photo by Low Yen Yeing/The Edge) - A + A Launched in 2017, The Edge Malaysia Best Managed & Sustainable Property Awards (BMSPA) recognise real estate that is sustainable and managed with excellence. Initially organised by EdgeProp Malaysia, it was decided this year that BMSPA would be hosted by The Edge Malaysia in a move to step up efforts to promote the awards and its objectives. The awards, the first of their kind, aim to raise the bar on property management practices and sustainable real estate in Malaysia, benchmarking them against the best in class globally. This year’s sponsors are Nippon Paint Malaysia and Panasonic … [Read more...] about Nippon Paint and Panasonic partner The Edge for BMSPA 2022

Share to Twitter Share to Linkedin Gyde and Seek is a travel platform that does not believe in travel as usual. I confirmed this in Mexico this summer after becoming addicted to the customized, socially-conscious private touring company that operates in 20-plus cities internationally. If you haven’t tried it, you really should. Paco is a former professional bullfighter and ex-Olympic chess prodigy who’s as at home in Mexico City’s ballet folklórico scene as he is taking visitors to lucha libre . In colonial Puebla, Maria knows the best hidden spots for baroque dishes, like chiles en nogada, but her true passion is tacos árabe. Then there’s Salvador , who will elucidate Toltec ruins in Tula or the Aztec glyphs of Tepotzotlán but can go deep on Chicago blues, too. The company was co-founded by Vanessa Guibert Heitner, a veteran travel planner, and her friend Andrea Guthrie, a business strategist who grew up living around the world with her … [Read more...] about A Travel Company So Discerning They Even Smell Their Tour Guides

- A + A HONG KONG (Aug 15): The decision by five Chinese state-owned companies to leave US stock exchanges adds to scepticism that authorities in both countries can reach an agreement on disclosure rules, with analysts seeing state-controlled airlines as the next potential group to depart, possibly followed by internet giants. China and Hong Kong are the only jurisdictions worldwide that do not allow inspections by the US Public Company Accounting Oversight Board, with Beijing officials citing national security and confidentiality concerns. With a deadline for delistings set for 2024 for those firms that are not compliant, US lawmakers are considering passing a bill to bring it forward to next year. The announcement on Aug 12 by firms including China Life Insurance Co and PetroChina Co could "soon" be followed by China Eastern Airlines Corp and China Southern Airlines Co, according to Redmond Wong, a Greater China market strategist at Saxo Bank. Shares of those … [Read more...] about China’s airlines could join the multibillion-dollar exit from US stock markets

Najib was found guilty of all seven graft charges the former premier faced in relation to SRC — one count of abuse of power in approving RM4 billion in loans from Retirement Fund Inc (KWAP) to SRC, and three counts each of criminal breach of trust and money laundering involving RM42 million worth of SRC’s funds. (Photo by Suhaimi Yusuf/The Edge) - A + A PUTRAJAYA (Aug 15): Datuk Seri Najib Razak’s application to adduce fresh evidence in his SRC International Sdn Bhd trial is an attempt to delay the case's proceedings, said ad hoc prosecutor Datuk V Sithambaram. Speaking to reporters after the hearing of the former prime minister's application at the Federal Court on Monday (Aug 15), Sithambaram said the prosecution takes the stance that the application is merely an attempt by the defence to delay the trial. “The prosecution thinks [the defence] is delaying, but they (the defence) think otherwise. Both of us are entitled to our views,” he said. However, the … [Read more...] about Najib’s bid to adduce fresh evidence is an attempt to delay SRC proceedings, says prosecutor

Philippine National Police (PNP) chief Gen. Rodolfo Azurin Jr. MANILA, Philippines – Newly installed Philippine National Police (PNP) chief Gen. Rodolfo Azurin Jr. on Monday defended the major reshuffle that affected at least 70 senior officials, including his second and third in command. The change in PNP hierarchy transferred Lt. Gen. Rhodel Sermonia from deputy chief for administration to chief of the Area Police Command (APC) in the Visayas, and Lt. Gen. Vicente Danao Jr. from deputy chief for operations to chief of APC Western Mindanao. READ: PNP major revamp surprises some officials “Kailangan pag-aralan natin what is best for the organization (We need to study what’s best for the organization), and I think the only thing I had in mind when I did that was for Vic [Danao] and Rhodel [Sermonia] to have the opportunity to have regions that they are going to supervise wherein they can also shine in their own respective fields, considering that they are very competent in … [Read more...] about PNP chief defends major revamp in police hierarchy

AFP Yangon, Myanmar   ● Mon, August 15, 2022 2022-08-15 20:00 0 b2587592dd54281f57bdb7dba9112914 2 Asia and Pacific military-junta,Court,Aung-San-Suu-Kyi,corruption,human-rights,Min-Aung-Hlaing,jail Free A Myanmar junta court jailed Aung San Suu Kyi for six years for corruption on Monday, a source close to the case said, taking the ousted leader's prison time to 17 years. Suu Kyi, 77, has been detained since the generals toppled her government in a coup on February 1 last year, ending the Southeast Asian country's brief period of democracy. She has since been hit with a series of charges, including violating the official secrets act, corruption and electoral fraud. She faces decades in jail if convicted on all counts. Suu Kyi was sentenced to "six years imprisonment under four anti-corruption charges", said the source, who requested anonymity because they are not authorised to speak to the media. She appeared in good health and did not make any … [Read more...] about Myanmar junta court jails Suu Kyi for six years for corruption

Representative image. Digital payments and financial services player PhonePe said on July 29 that it has completed the long pending acquisition of mobile platform OSLabs after reaching an amicable settlement with the company's majority shareholder Affle Global Pte Ltd. As part of the deal, PhonePe acquired Affle Global's entire stake at a premium. It, however, not reveal the final valuation at which the deal was reached. IndusOS' 100 employees, including founders Akash Dongre, Rakesh Deshmukh, and Sudhir Bangarambandi will be part of PhonePe, which now owns 100 percent stake in the company after the all-cash deal. The closure of the deal comes after a long-winding legal wrangle between PhonePe and IndusOS shareholders Affle and Ventureast Fund on the valuation of IndusOS. Walmart-owned PhonePe was close to acquiring IndusOS in May 2021, at a valuation of $60 million. However, Affle which is the largest shareholder in IndusOS, took objection to the deal and filed an … [Read more...] about PhonePe acquires Indus OS, says amicable settlement reached with Affle Global

Paytm founder Vijay Shekhar Sharma (left) and PhonePe founder Sameer Nigam A host of things can trigger bitter rivalry between top fintech companies. These include – apart from market share – the creation of slicker apps, developing better credit algorithms, hiring the best talent, or winning the most important licences. Fintech unicorns Paytm, PhonePe and BharatPe are now competing fiercely on another front: Deploying more speaker devices in stores that announce receipt of payments made through their apps. Picture this. A shopkeeper is catering to several customers. Some pay cash and others use payment apps to scan the now ubiquitous quick response (QR) code pasted on the front desk. The busy merchant barely manages a glance at the message on their mobile phone screens confirming payment and they leave. Later, the merchant discovers the payment did not reach his account. And he realises that he was duped – the mobile screen message confirming completion of the payment … [Read more...] about Paytm vs PhonePe: Merchant sound device may be at heart of feud

(Representative Image) Following a slew of recent fund raises by venture capital (VC) firms targeting the Indian market, Kotak Investment Advisors on August 2 launched Kotak India Alternate Allocation Fund, a Fund of Funds (FoF) with a target to raise Rs 1,500 crore, including a greenshoe option of Rs 750 crore. The FoF will be investing in other Private Equity (PE) and VC funds along with direct investments into companies. The fund will diversify across PE/VC funds in multiple sectors, including consumer, technology, healthcare, and financials as well as across multiple stages, from early stage to growth stage and late stage across different vintages. ‘Vintage’ is the first year when the fund starts investing in companies. Some part of the funds will be allocated for co-investment opportunities available from such investee funds. Nidhi Chawla, Fund Manager, Kotak India Alternate Allocation Fund said, “Investors require an optimal alternate equity portfolio through … [Read more...] about Kotak Investment Advisors launches Fund of Funds, targets Rs 1,500-crore fund raise

Share to Twitter Share to Linkedin Topline Readers are propelling The Satanic Verses and other books by Salman Rushdie to the top of bestseller lists decades after they were published, in the wake of a stabbing attack Friday that ignited renewed interest in his work. Key Facts The paperback edition of Rushdie’s The Satanic Verses is the top-selling book in Amazon’s contemporary literature and fiction chart, the second-best seller in censorship and politics and the 18th best-selling book on the U.S. platform overall, according to Amazon’s best seller list . The incident has also pushed the book up the charts in other countries, with a paperback version of The Satanic Verses respectively ranking as the 16th, 48th and 50th best selling books on platforms serving Canada , Australia and the U.K. Interest is also driving other formats and versions of the novel up the U.S. charts, with the digital version ranking 23rd in Amazon’s … [Read more...] about ‘The Satanic Verses’: Salman Rushdie Books Climb U.S. And International Bestseller Lists After Attack On Author