- A + A KUALA LUMPUR (June 24): Here is a brief look at some corporate announcements and news flow on Friday (June 24), which involved Paragon Globe Bhd, Bumi Armada Bhd, Apollo Food Holdings Bhd, Hong Seng Consolidated Bhd, Astino Bhd, Shangri-La Hotels (Malaysia) Bhd, VS Industry Bhd, Euro Holdings Bhd, Supermax Corp Bhd and Sime Darby Property Bhd. Paragon Globe Bhd is buying three pieces of freehold agriculture plots in Plentong, Johor, for RM38.08 million to be developed into a "well-conceptualised" commercial area that it believes will enhance its future revenue and earnings. The group said the plots — measuring 10.86 ha — are being bought by its wholly-owned Paragon Platinum Sdn Bhd, which has inked the respective sale and purchase agreements with the vendors — Singaporeans Lim Thiam Seng and Lim Yok Sing and two companies linked to them, Eng Foo (Lim) Enterprise Sdn Bhd and Heng Foo Lim Enterprise Sdn Bhd — for the proposed acquisition. Bumi Armada Bhd … [Read more...] about Paragon Globe, Bumi Armada, Apollo Food, Hong Seng, Astino, Shangri-La, VS Industry, Euro, Supermax and Sime Darby Property
Defensive vs offensive marketing
A Supreme Court ruling released today, which addresses the right to carry firearms in public, is a major victory for gun rights proponents. advertisement advertisement The case, New York State Rifle & Pistol Association Inc. v. Bruen , the most significant on gun rights in 14 years , reverses a century-old regulation in New York that restricts concealed carry permits to only those who show “proper cause.” With today’s decision, citizens will likely no longer have to prove a specific requirement to receive a permit, potentially increasing the public prevalence of firearms in New York, including in crowded city spaces. The decision comes at a time of heightened concern about gun violence across the country, following the school shooting in Uvalde, Texas, which has spurred Congress to work on bipartisan federal gun control legislation for the first time in 30 years. “We conclude that the State’s licensing regime violates the Constitution,” … [Read more...] about Supreme Court strikes down New York’s restriction on concealed carry—a major blow for gun control advocates
Share to Twitter Share to Linkedin No person in the United States shall, based on sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance.” - Title IX, signed by President Richard Nixon, June 23, 1972 Fifty years ago, Title IX was enacted to ensure gender equity, particularly in federally funded education and sports. Since Title IX there have been significant strides for women, including recent achievements like the overall college enrollment rate for 18- to 24-year-olds being higher for women than for men since 2000. The intentions of Title IX are noble and there should be no doubt that this law has made an indelible mark on generations of women and girls. At the same time, we must also reflect on whether Title IX is fulfilling its promise of protecting women from discrimination and underrepresentation in their educational and … [Read more...] about Title IX At 50: Are Women And Girls Being Treated Equally?
Hemant Kumar Bhadoriya (name changed) was travelling in a chauffeur-driven sports utility vehicle on a Saturday afternoon in Kota, seemingly headed to Jaipur, where people typically go on weekend getaways. Unlike the others, though, Bhadoriya was not out on a leisure drive. Neither was he actually going to Jaipur. He was, in fact, just sitting in the car and talking about money. Crores of rupees. Bhadoriya is not a lawyer or an investment banker. Neither does he deal in illegal activities. He is a maths teacher at Kota’s top coaching centre and was negotiating with a potential employer, one of the country’s biggest edtech companies. The edtech startup had offered him a 40 percent hike on his existing salary of Rs 1.65 crore. “At first, I was shocked and a bit sceptical when I heard about the offer as every day we have been reading about how hundreds of employees were getting laid off by startups,” said Bhadoriya, 46. “But then it was for their offline classes and I have been … [Read more...] about Poaching and coaching in Kota: Race for $500 million education hub heats up
If you're a homeowner, you may be sitting on a golden egg—your home's equity. Whether the housing market has risen, driving up the value of your home, or you've just faithfully made mortgage payments over the years, you may now have a substantial amount of equity that you could borrow against. A home equity loan can be a convenient and cost-efficient way to obtain money for home renovations, debt consolidation, or some other big-ticket item. But where should you look for the lowest interest rate on one? Key Takeaways Home equity loans use your home as security, so their rates are often lower than other forms of borrowing. Credit unions, small local banks, large national banks, and online lenders all offer home equity loans. Interest rates vary from lender to lender. Fees are another important consideration in comparing loan costs. What Is a Home Equity Loan? A home equity loan is a lump-sum loan secured by your home. The interest rate you'll pay can vary … [Read more...] about Which Lenders Have the Lowest Home Equity Loan Rates?
- A + A NEW YORK/BENGALURU (June 24): Wall Street's main indexes climbed more than 2% on Friday, as signs of slowing economic growth and a recent weakening of commodity prices tempered expectations over how high the Federal Reserve will raise interest rates to rein in inflation. Global financial markets have been roiled this month on worries that rapid rate hikes by major central banks could cause a recession, with the benchmark S&P 500 confirming a bear market last week as it recorded a 20% drop from its January closing peak. The three main indexes looked set to notch their first weekly gain of the month, boosted by megacap growth stocks and defensive sectors such as healthcare and utilities seen as safer bets during times of economic uncertainty. "The reality is there's some optimism that the weakening economy, the stronger potential for a recession down the road could actually impede the Fed's aggressive hiking schedule," said Ryan Detrick, chief market … [Read more...] about Wall St rallies as traders dial back rate-hike bets
Malaysia: * AirAsia to fly direct from KK to Bangkok starting next month * PM: Chicken prices will not be floated * MATTA launches online travel marketplace * Efforts to shine a light on Sabah's gibbons through Kota Belud project * Use authorised channels to recruit foreign maids or risk termination, warns Papa * Report: Gojek says no plans to enter Malaysia market after vehicle with logo spotted in town * JPJ says renew driving licences before June 30 or take test again * Tajuddin removed from Umno supreme council * Tajuddin himself should know why he was removed, says Ahmad Zahid * NGOs question AGC's 'impermissible' amendment argument in M'sian mothers citizenship case * eBusKK - Sabah’s first electric bus takes off in KK Singapore: * Travellers landing at Changi report missing luggage following chaos at origin airports * Residents rush to help when they learn of toddlers in burning Marsiling flat * Jail for cop who harassed vulnerable teen linked to … [Read more...] about Asean News Headlines as at 9pm on Friday (June 24)
Memoirs from former members of the Trump administration have had lackluster sales since former President Donald Trump left office, according to a Politico analysis. The “ Chief’s Chief ” memoir, written by former White House Chief of Staff Mark Meadows, had 21,569 copies sold, according to Bookscan numbers from NPD, a market research firm that tracks book sales. Politico reported on the data Thursday. The chronicle on Trump’s presidency from former Secretary for Housing and Urban Development Ben Carson sold 21,786 copies; former Trump adviser Scott Atlas sold 27,013 copies; former Department of Defense Secretary Mark Esper sold 20,900 copies and former White House press secretary Stephanie Grisham sold 38,249 copies, according to Politico’s reporting of the NPD Bookscan numbers. The memoir from former White House coronavirus response coordinator Deborah Birx reportedly sold less than 6,000 copies. Kellyanne Conway , former counselor to Trump, … [Read more...] about REPORT: Book Sales For Several Memoirs From Trump Officials Bomb During Post-Trump Era
Share to Twitter Share to Linkedin If there’s anything that I’ve learned over two decades as an investor, it’s that hindsight is 20/20—and history has a way of repeating itself. I first met Bruce Felt in late 2006 when he joined a GGV portfolio company, SuccessFactors , as the chief financial officer. Bruce took the company public about a year later—just in time for the Global Financial Crisis (GFC). SuccessFactors weathered that storm, ultimately selling to SAP for $3.4 billion in early 2012. Given the macro uncertainty of the current environment, I recently asked Bruce to reflect on his experience with plummeting stock prices and layoffs during the GFC: GGV Capital Episode 69 - Bruce Felt, CFO of Domo, on Bridging the Gap Between Strategy and Execution Bruce is now the CFO of Domo , a cloud-based business management platform that went public in 2018 and has performed well with many quarters in a row of over 20% growth. … [Read more...] about How to Manage Your Startup Through Macro Uncertainty: Lessons From the Global Financial Crisis
Some handbags make a fashion statement; Clare Vivier’s make a political one. advertisement advertisement Vivier, 51, is the founder of Clare V., a company that she’s spent the last 14 years building into a profitable business with 12 stores, a clothing line, and a cult following. While the brand is known for its French-inspired fanny packs and totes, it also stands out for advocating for progressive causes, from gun control to voting rights to reproductive justice. At a time when the country is more polarized than ever and PR consultants advise brands to stay quiet on contentious topics, Vivier’s approach requires both bravery and business savvy. Center for Reproductive Rights , a nonprofit defending abortion. And as Congress attempts to pass gun control legislation in the wake of the Uvalde shooting, the brand is selling a shirt that says, “Ça suffit!” (“enough!”) in support of Everytown for Gun Safety . Each time the company supports a cause … [Read more...] about Bag designer Clare Vivier isn’t afraid of getting political