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MRT Corp chief executive officer Datuk Mohd Zarif Hashim (The Edge filepix by Sam Fong) - A + A JOHOR BAHRU (May 18): The Johor Bahru-Singapore Rapid Transit System (RTS) Link project is expected to play a major role in boosting economic activities, potentially becoming as huge as the Hong Kong-Shenzhen Western Corridor. Mass Rapid Transit Corporation (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim said the RTS Link project’s value cannot be measured only from the point of view of its construction, as it should also take into account how it would be able to attract investments in the long run. “Investments made by the government should provide returns in the short and long term, so we are letting the people around the world know that there are plenty of opportunities to invest in Johor Bahru due to this RTS project. “Our wish is that one day the Johor Bahru-Singapore corridor will be a rival or match to the Shenzhen-Hong Kong corridor…that’s what we … [Read more...] about RTS Link can be as big as Hong Kong-Shenzhen Western Corridor

The Hotline mailbag is published each Friday. Send questions to [email protected] or hit me on Twitter: @WilnerHotline. Due to volume — and in some cases, the need for research — not all questions will be answered the week of submission. Thanks for your understanding. Some questions have been edited for clarity and brevity. If California Senate Bill 1401 is passed into law, what will be the impact on Pac-12 schools? Will it impact all Power Five schools? — @TerryTerry79 Impossible to know, but we can take our best guess … If forced by law to pay athletes for services rendered , Stanford, Cal and possibly UCLA will give serious thought to removing themselves from the major college football scene. Influential voices on each campus are already opposed to the current state of play — or should we say, pay-for-play. Diverting revenue to football and basketball, and away from the Olympic sports, would prompt an existential crisis on each campus … and … [Read more...] about Hotline mailbag: The impact of SB-1401, the NIL donor hierarchy, Schulz’s future, Edwards’ fate, Kelly’s recruiting and more

Reuters filepix for illustration purpose only - A + A NEW YORK (May 18): The US is forcing Wall Street banks to embark on a systematic search through more than 100 personal mobile phones carried by top traders and dealmakers in the largest-ever probe into clandestine messaging on platforms such as WhatsApp. The Securities and Exchange Commission has been sending firms lists of key positions — in some cases pointing to around 30 people including heads of certain investment banking teams or trading desks — that are subject to the review, according to people with direct knowledge of the requests. Personnel in those roles are being ordered to hand over phones so devices can be examined by lawyers. The aim is to gauge how pervasively Wall Street professionals use unauthorized messaging platforms to chat with each other or clients as regulators decide which firms to punish, and how hard, for failing to preserve business-related messages sent via unapproved platforms. … [Read more...] about US pries into over 100 trader and banker phones in texting probe

- A + A KUALA LUMPUR (May 18): Dynaciate Group Bhd is proposing to change its name to Ingenieur Gudang Bhd. In a filing with Bursa Malaysia on Wednesday (May 18), Dynaciate said the proposed name has been approved by the Companies Commission of Malaysia (CCM) for the company on May 17, and is subjected to its shareholder’s approval at an extraordinary meeting to be convened at a date to be announced later. “The proposed change of name, if approved by the shareholders, will take effect from the date of issuance of notice of registration of new name under Section 28(4) of the Companies Act 2016 by CCM. A Circular to Shareholders with the details of the proposed change of name will be issued to the shareholders of the company in due course," according to a bourse filing. Before changing its name to Dynaciate in 2018 due to the emergence of a substantial shareholder at that time, namely Dynaciate Engineering Sdn Bhd, the company was known as Tatt Giap Group. … [Read more...] about Dynaciate proposes to change name to Ingenieur Gudang

KOTA KINABALU: Parti Bersatu Rakyat Sabah (PBRS) is looking at fielding candidates in nine non-Muslim bumiputra seats in the 15th General Election (GE15). The Sabah Barisan Nasional component party wants to contest the traditional Kadazandusun-Murut-Rungus seats that were previously contested by Sabah Barisan Nasional partners who have since left the coalition after GE14. PBRS general election operations director Datuk Kalakau Untol said the seats left by former Barisan component parties are expected to be filled by candidates from PBRS, which will also be retaining its Pensiangan parliamentary seat. “PBRS hopes to be entrusted to contest on behalf of Barisan in all the traditional seats left by the former BN component parties - Parti Bersatu Sabah (PBS) with five seats, Upko (four) and Liberal Democratic Party (one)," he said when contacted Friday (April 29). After the 2018 general election, Upko had aligned itself with opposition Pakatan Harapan while PBS is now a member of … [Read more...] about Barisan’s PBRS gears up to battle for nine native parliament seats in GE15

Maya Sree operating a drone Maya Sree, who goes by only one name, left her hometown in 2018, when she decided to live her life as a transwoman. Her parents did not accept her the way she was, or the jobs that she had taken up earlier to support herself. “But when my parents came to know that I was working for Dhaksha in Anna University campus, I received a call from my family, and they spoke to me, and told me that they were very proud of me. Personally, it’s not just a job for me but a new life,” Maya Sree, a Directorate General of Civil Aviation (DGCA)-certified drone pilot of the Chennai-based Dhaksha Unmanned Systems (DUMS) told Moneycontrol. Maya Sree, along with course mates Pragya, Sai and Rahmatullah, are the first from the transgender community in India to be appointed as drone pilots. They underwent intensive training before being absorbed by the company which operates drones with applications in surveillance, agriculture and defence. For them, this job at DUMS gives … [Read more...] about For four from trans community, drone pilot jobs give the wind beneath their wings

Railway Minister Ashwini Vaishnaw India's own 5G stack will be ready around September-October, Communications Minister Ashwini Vaishnaw said on Wednesday as he urged nations to look actively at these indigenous telecom stacks for cost and quality advantage. Speaking at an event organised by the Telecom Regulatory Authority of India (TRAI), the minister said India's indigenous telecom stacks mark "big fundamental technological advancements". The Minister also noted that bridging the digital divide has become even more crucial in a world where technology is playing a key role in economic development, and added the Government is directing all its efforts to ensure inclusive growth. "5G stack is also very much in good, advanced stage…by somewhere in September-October India's own 5G stack will be ready," Vaishnaw said. He exhorted the international delegates — who were attending the high-level ministerial session organised by the telecom regulator — to look actively at Indian 4G … [Read more...] about India’s own 5G stack to be ready by Sept-Oct: Ashwini Vaishnaw

What does it take to trigger a crash in the stock market? A once-in-a-century pandemic? The biggest war in Europe in 70 years? The US Federal Reserve instantaneously cutting off the supply of the opium of record liquidity and low interest rates? Multi-year high inflation? How about black magic? The Oxford Dictionary defines black magic as a type of magic that is believed to use the power of the devil in order to do evil. In a world where boring financial data, profit and loss statements, and complex macroeconomic events sway the everyday movement of stock prices and stock indices, one Rajkot-based stockbroker claimed last week that he spent more than Rs 8 crore to engineer a multi-day crash in the stock market with the help of esoteric black magic. Close “We are responsible to a great extent for today’s fall and the fall of the past few days in the market. You won’t believe it, but we have spent over Rs 8.5 crore today in kala jadu (black magic) to create … [Read more...] about A lone bear, black magic and a $235 billion stock market crash

Ranabir Bhattacharyyaa, a writer, shared the woman's story in a LinkedIn post. (Image credit: Ranabir Bhattacharyyaa/LinkedIn) The coronavirus pandemic caused massive jobs losses across the world, forcing people to make drastic switches to new and often unfamiliar roles to support their families. In Kolkata, a woman sacked from electronics giant Panasonic had to start riding a scooter for Uber. Her story was shared on LinkedIn by a man who rode with her. Ranabir Bhattacharyyaa, a writer, said in his post that last week, he had booked an Uber two-wheeler for a quick ride across Kolkata. The driver who came to pick him up was Moutushi Basu – a woman in her early 30s. During his conversation with Basu, Bhattacharyyaa learnt that she worked with Panasonic before the coronavirus-induced lockdown. “She lost her job in the Covid phase like lakhs of Indians,” the man added in his post. Close COVID-19 Vaccine Frequently Asked Questions View more … [Read more...] about From Panasonic employee to Uber rider: Kolkata woman’s story

The Blackpool Pleasure Beach in UK hosts the 'Big One' -- a ride popular with enthusiasts around the world. A group of rollercoaster riders were left stranded at a height of 235 feet because of a glitch at an amusement park in the United Kingdom on May 15. The incident took place at the Blackpool Pleasure Beach in UK’s Blackpool town. It was recorded by a rider who fortunately got off the rollercoaster before it stopped. When you’ve just got off the Big One and the next car gets stuck at the top #BlackpoolPleasureBeach #BPB pic.twitter.com/3McElARqGc — ChronSallie (@ChronSallie) May 15, 2022 “When you’ve just got off the Big One and the next car gets stuck at the top,” Sallie Ehlem tweeted along with the clip. Close The rollercoaster, called Big One, is among one of the most striking landmarks of Blackpool's skyline. It was the world's tallest and steepest rollercoaster when it was unveiled in 1994, according to a report in Daily Star . … [Read more...] about Video: Riders stuck at 235 feet as rollercoaster carriage comes to halt