Economic utilities created by business activities

Share to Twitter Share to Linkedin For many people, poetry brings back the memory of being in seventh grade English when they were taught to try to solve the riddle of a poem: the meaning was hidden within the strange and complex syntax of a poem and you had to figure it out in order to get an A on the test. Poetry may still feel like a secret code that’s tough to break, but contemporary poets will tell you that what you learned in your English class was the wrong approach. Poetry was never meant to be a riddle, but an experience. An experience that cuts through the noise and gets to the heart of the matter. Poetry moves and connects people with few words, distilled imagery, and thoughtful language. Poet Audre Lorde famously defended the utility of poetry as the first step in changing the status quo, a goal of leaders from any sector. In order to create change, she argues, new ideas have to be formed in language before they can be put into action. … [Read more...] about How To Connect With Your Audience: What Business Leaders Can Learn From Poetry

KUALA LUMPUR: Southern Cable Group Bhd is targeting higher overseas revenue in the financial year ending Dec 31, 2022 (FY22) on the back of improving regional demand in line with recovering economic activities. As at March 31, Southern Cable is slated to fulfil RM628.6mil worth of orders in hand over the next two years, of which overseas represent less than 1%. In a statement, the cable and wire manufacturer said it also hopes to penetrate into the United States market in the second half of 2022. Managing director Tung Eng Hai said the group is ready to support the improved economic activity, especially in the existing markets of Myanmar and Singapore, as they accelerate the pace of infrastructure and development projects. “Building on our strong track record in supplying power cables and wires, we are also undergoing final stages of testing and evaluation for our in-house developed XHHW-2 industrial cables for a customer in the US, for use in residential, commercial and … [Read more...] about Southern Cable targeting higher exports in FY22

Share to Twitter Share to Linkedin When the German government announced in late 2021 its plan to legalize recreational cannabis sales in Germany , experts and cannabis enthusiasts put great expectations on the so-called "traffic light" government's plan to regulate the industry. Although Germany and other European countries focused in recent months on the war in Ukraine following the Russian invasion in February and the resulting efforts to detach themselves from Russian energy dependence, German officials had time to speed up the process of legalizing recreational cannabis . The consultation process Commissioner for Addiction and Drug Issues Burkhard Blienert officially announced on July 13 the kickoff of the first of five expert hearings to prepare for the planned legislative process to legalize recreational cannabis. More than 200 leading German and international experts will exchange their views on the legalization. The planned … [Read more...] about Inside The Process To Legalize Recreational Cannabis In Germany

Beau Wangtrakuldee, Ph.D., is a scientist, entrepreneur, and founder of AmorSui, a modern protective apparel company redesigning personal protective equipment (PPE) to empower women with greater function and protection in lab and medical settings. She spoke to Doreen Lorenzo for Designing Women, a series of interviews with brilliant women in the design industry. advertisement advertisement Doreen Lorenzo: Have you always had an interest in design? Beau Wangtrakuldee: The way I think about it, science and design are really closely related. You design to solve a problem. You conduct a science experiment to solve a problem. I’m a former Ph.D. scientist, so I’d work in the lab on drug discovery, antibacterial drugs, and material science. It’s all about problem-solving, creating something that can actually resolve an issue or a challenge. What inspired you to launch AmorSui? advertisement One day when I was conducting an … [Read more...] about Yes, PPE can be reusable. AmorSui is making sure of it

- A + A JOHOR BAHRU (June 27): Taiwan-based Wiwynn Corp will set up a printed circuit board assembly (PCBA) plant for cloud data centres with an investment value of RM300 million in Johor. State Investment, Trade and Consumer Affairs Committee chairman Lee Ting Han said the plant is expected to create about 1,100 jobs. “Johor is increasingly becoming a hotspot for data centre investment, and the reason is that the state is able to meet the needs of world-class high-tech companies, apart from adequate utilities and land. “Wiwynn’s investment and their presence in Johor will bring international exposure and attract more similar or related investments to the state,” he said in a statement on Monday (June 27). Earlier, Lee attended the groundbreaking ceremony for the facility at Senai Airport City in Kulai. He said the location of the facility in Kulai, which serves as Wiwynn’s regional hub in the Asia Pacific region, would place Johor on the global map as an … [Read more...] about Wiwynn invests RM300 mil to build PCBA manufacturing facility in Johor

- A + A COLOMBO (June 27): Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and buses for two weeks starting Tuesday, a minister said, in a desperate attempt to deal with a severe shortage. Sri Lanka is suffering its worst economic crisis, with foreign exchange reserves at a record low and the island of 22 million struggling to pay for essential imports of food, medicine and, most critically, fuel. Industries like garments, a big dollar earner in the Indian Ocean nation, are left with fuel for only about a week to 10 days. Current stocks of the country will exhaust in just under a week based on regular demand, Reuters calculations show. Sri Lanka will issue fuel only to trains and buses, medical services and vehicles that transport food starting Tuesday until July 10, Bandula Gunewardena, the spokesman for the government cabinet, told reporters. Schools in urban areas will be shut and everyone is urged to … [Read more...] about Sri Lanka stops fuel supply to non-essential services as crisis worsens

- A + A KUALA LUMPUR (June 27): Here is a brief look at some corporate announcements and news flow on Monday (June 27) which include Dagang NeXchange Bhd, MyNews Holdings Bhd, AirAsia X Bhd, Spritzer Bhd, Sapura Energy Bhd, Pertama Digital Bhd, Southern Cable Group Bhd, Tenaga Nasional Bhd and Reach Energy Bhd. Dagang NeXchange Bhd (DNeX) signed a memorandum of understanding with Saudi Arabia-based Ajlan & Bros Holding Group (Abilitii) to explore business synergy between the two companies. DNeX said the companies will look into business collaboration in technology, software products and platforms for facilitating trade, oil and gas production and trade, software development, system integration and consultation services. MyNews Holdings Bhd posted its ninth consecutive quarter in the red, with a net loss of RM10.22 million for the second quarter ended April 30, 2022, from RM10.32 million a year ago. The results came amid higher revenue, offset by higher cost … [Read more...] about DNeX, MyNews, AAX, Spritzer, Sapura Energy, Pertama Digital, Southern Cable, TNB, Reach Energy

- A + A KUALA LUMPUR (June 27): Bursa Malaysia closed broadly higher on Monday (June 27) on persistent buying interest mainly in technology and energy stocks, said an analyst. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.42 points to 1,438.12 from Friday's close of 1,436.7. The benchmark index, which opened 2.12 points higher at 1,438.82, fluctuated between 1,431.65 and 1,441.03 throughout the trading session. On the broader market, gainers beat losers 546 to 365, while 393 counters were unchanged, 1,004 untraded, and 55 others suspended. Total turnover expanded to 2.65 billion units worth RM1.43 billion from 2.46 billion units worth RM1.47 billion on Friday. Key regional markets also continued to trend higher following positive cues on Wall Street including the upbeat performance of the tech-heavy Nasdaq Composite last Friday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the FBM KLCI, which ended 0.1% … [Read more...] about Bursa ends broadly higher

Prime Minister Datuk Seri Ismail Sabri Yaakob (filepix) - A + A KUALA LUMPUR (June 27): Prime Minister Datuk Seri Ismail Sabri Yaakob today announced an additional allocation of RM100 million for the Informal and Micro Financing Scheme (SPIM) under the National Entrepreneur Group Economic Fund (TEKUN). He also announced an additional allocation of RM30 million for the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia. "I was told that SPIM under TEKUN was allocated RM200 million by the government earlier which had exhausted and the allocation of RM20 million for BEEP for 2022 had also been taken up. "SPIM loans are popular for financing by informal and micro traders...in the interest of small entrepreneurs, I have announced another RM100 million allocation for SPIM. “I also announced RM30 million more allocation for BEEP,” he said when speaking at the Entrepreneur Excellence Awards 2022 in the federal capital here on Monday … [Read more...] about Additional allocation of RM100 mil for SPIM TEKUN, RM30 mil for BEEP, says PM

- A + A KUALA LUMPUR (June 27): Costlier crude oil along with a stronger US dollar will erode Spritzer's Bhd profit margin, the bottled water producer admitted. "Costlier oil will translate into costlier PET resin, which is the main raw material used in making the [plastic] bottles. "PET resin is normally quoted in US dollar so a stronger US dollar would mean we will have to pay more for our PET resin," a company representative said in a brief email reply to theedgemarkets.com recently, when asked about the impact of surging oil prices on its manufacturing costs. According to the US-based PET Resin Association, PET — which is short for polyethylene terephthalate, the chemical name for polyester — is a clear, strong, and lightweight plastic made from crude oil and ethane extracted from natural gas that is widely used for packaging food and beverages, especially convenience-sized soft drinks, juices and water. Following Russia's incursion into Ukraine, oil prices … [Read more...] about Spritzer admits costlier crude oil, stronger US dollar will erode its profit margin