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- A + A KUALA LUMPUR (May 26): EITA Resources Bhd’s 60%-unit TransSystem Continental Sdn Bhd (TSC) has secured an RM36.25 million contract to undertake the asset replacement and refurbishment of primary and combined equipment of a 275 kV substation in Kota Setar, Kedah. TSC, together with S A Continental Sdn Bhd, received a Letter of Acceptance from Tenaga Nasional Bhd for the contract on Thursday (May 26), EITA said. The contract spans nearly 2½ years from its effective date of May 26, it said. TSC's scope of works for the contract includes the execution, implementation, financing and management of the contract, while S A Continental is responsible for the civil works for the contract, it added. This is the third substation-related contract announced by EITA this year alone, with a total contract sum of RM94.59 million. On Jan 27, EITA announced two awards from Sarawak Energy Bhd to undertake substation extension and reinforcement of supply at two substations in … [Read more...] about EITA secures third substation work in 2022 for RM36 mil

When the history of the COVID-19 pandemic is written, the disease’s economic and cultural impact will surely include the Great Resignation . An unprecedented 45 million Americans voluntarily left their jobs in 2021. In January 2022 alone, 4.3 million workers quit their jobs according to Bureau of Labor Statistics figures. advertisement advertisement IMany employees quit for what they believed were greener pastures. Others sought a sabbatical from “9 to 5” employment, while still others entered a period of “perpetual retirement” where they exited the workforce but, for a variety of reasons, are anticipated to return, perhaps cyclically. Profound Transformation Behind the exodus is a more profound transformation: U.S. workers are demanding a reevaluation of the contractual nature of work—and the power is in their hands. The relationship between employer and employee is changing, and employers are no longer in the driver’s seat. To … [Read more...] about The workplace reckoning in the wake of the Great Resignation

Share to Twitter Share to Linkedin After two-plus years of living through the pandemic, it may be difficult for much of the workforce to envision returning to a typical 9-to-5 in the office. Long commutes and sitting at a desk all day aren’t for everyone. And with international travel on the backburner for many during quarantine, wanderlust is hitting new heights. So what if frequent travel was part of the job—not just something you accrue that precious PTO for? There are plenty of career opportunities that will allow you to experience far-flung destinations and earn a solid salary while you travel the world. In a recent study, Compare My Jet , a private jet charter search company, explored the best-paid careers for those who want to travel the world while earning some of the biggest salaries. The company analyzed the highest-paying jobs in every country and filtered this by the amount of travel required for these jobs. It’s no surprise that airline … [Read more...] about Make Money And Travel The World: 10 Best Paying Jobs

Share to Twitter Share to Linkedin Bringing professional chefs on board to prepare meals in first or business class may not be new, but Turkish Airlines has been practicing it at a very high level for a while now. After a break during the stripped-down service era of the pandemic, the airline was unique in bringing its chefs back to the business class cabins of any flight that’s longer than eight hours long. Given that Turkish Airlines flies to more cities than any other airline in the world (334 and counting!), that’s a lot of chefs in a lot of cabins. Everything begins in a massive kitchen in the Istanbul airport, run by the award-winning gourmet catering company Turkish DO & CO in partnership with the airline, which is its biggest customer. (DO & CO also caters the airline’s excellent business class lounge in the same airport.) Then it makes its way onto the airplanes, along with the professional cooks who make sure it all turns out properly on … [Read more...] about Here’s What It’s Like To Be A Chef On An Airplane

Share to Twitter Share to Linkedin With inflation on the loose, we’ve turned to experts for four strategies to help you beat rising prices, at least in your portfolio. As it turns out, you don’t need to abandon stocks to hedge against inflation entirely. Instead, you can just shift some funds from the sectors you hold now over to the ones that are likely to benefit from an inflationary environment. 1. Stocks in Companies Providing Basic Supplies One area to shelter your portfolio from inflation is in companies providing basic supplies. They’re always in demand, which makes it possible for suppliers to raise prices in step with inflation. “Inflation is at near-term historic highs and investors are looking for the best ways to protect from it,” notes Sankar Sharma, Investing Authority and the Founder of RiskRewardReturn.com . “Where there is a problem there is a solution. Investors can invest in the consumer staples, energy, utilities, … [Read more...] about 4 Expert Inflation Protection Strategies To Implement Now

Share to Twitter Share to Linkedin Inflation is becoming a problem. Whether it becomes a long-term structural one or dissipates after the pandemic, no one knows. As the old saw goes, economic forecasts make tarot cards appear respectable. Jack Dorsey recently predicted hyperinflation , an exponential decrease in the value of paper money akin to what happened in the Weimar Republic in the 1920s—or Zimbabwe in 2007 . For that to occur, monetary policy would have to ignore the problem, failing to raise rates as the data required. A Fed that lacks political independence could make this mistake, but it’s a low-probability outcome. Even double-digit inflation—in a throwback to the seventies—is unlikely, but possible. After all, economic conditions, like bellbottoms, go in and out of fashion. The most likely scenario is some prolonged elevation to inflation (in the mid-single digits) as labor shortages and supply-chain problems continue to pressure prices. No … [Read more...] about The Best Inflation Hedge You Already Own

Hindalco Industries Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hindalco Industries Limited (Hindalco), on May 26, reported a 100 percent rise in its consolidated net profit of Rs 3,851 crore for the fourth quarter ended March 2022 as against Rs 1,928 crore recorded a year ago. On a sequential basis, the profit increased 4.8 percent from Rs 3,675 crore earned during the October–December period. Consolidated revenue for one of the largest metals company in India rose 37.7 percent on-year to Rs 55,764 crore as compared to a revenue of Rs 40,507 crore registered in the year-ago quarter. On a sequential basis, the revenue rose 11 percent from the net revenue of Rs 50,272 crore recorded in the previous quarter. For the full-year period from April to March 2022, the consolidated net profit grew more than three-fold or 294.2 … [Read more...] about Hindalco Q4 Results | Consolidated profit doubles to Rs 3,851 crore, revenue rises 38% on soaring commodity prices

Devdutt Paddikal and Virat Kohli chase down 178 runs target with out losing any wicket with 21 balls remaining. (Image: Twitter/IPL, BCCI) Devdutt Padikkal managed to overshadow none other than the great Virat Kohli with an elegant hundred in Royal Challengers Bangalore's successful 178-run chase against Rajasthan Royals, in a virtual cakewalk of an IPL contest on Thursday. It hardly happens that someone as brilliant as Kohli, plays a second fiddle, allowing the talented left-hander use his sinewy wrists to caress the balls to all parts of the ground during a mind-blowing maiden IPL century -- an unbeaten 101 off 52 balls. RCB never looked in any tearing hurry and yet the target was achieved in only 16.3 overs with all 10 wickets intact. Kohli went on the offensive once Padikkal had ensured victory as his contribution was 72 not out off 47 balls in their unbroken opening stand of 181. The RCB juggernaut continues to roll with their fourth victory on the trot and a strong … [Read more...] about IPL 2021 | RCB vs RR: Devdutt Padikkal steals thunder from captain Virat Kohli in emphatic 10-wicket victory for Bangalore

Major Moves The U.S. stock market has had a rough two weeks. Beginning on May 22, bearish pressure started to mount as crude oil prices started falling and stocks in the energy sector began to lose ground. By the next day (May 23), the bearishness had spread throughout the market, and the major indexes started pulling back. While many of the sectors in the S&P 500 have been moving in lock step with each other during these turbulent weeks, a few have stood out for either their out-performance or their under-performance. You can see how this has played out in the hourly sector-comparison chart below, which uses the following sector-based ETFs managed by State Street Global Advisors: Technology Select Sector SPDR Fund ( XLK ) Real Estate Select Sector SPDR Fund ( XLRE ) Consumer Staples Select Sector SPDR Fund ( XLP ) Consumer Discretionary Select Sector SPDR Fund ( XLY ) Health Care Select Sector SPDR Fund ( XLV ) Materials Select Sector SPDR Fund ( … [Read more...] about Can the FOMC Combat the Impact of Tariffs?

Today’s tight labor market, economic challenges, and customers’ ever-increasing expectations have changed the business landscape. To adapt, survive and have a chance to thrive, businesses must be increasingly agile. advertisement Companies need the people, processes and technology to support fast decision making, continued innovation and inevitable pivots. Let’s consider how your business can use process redesign, automation and people-first strategies to speed up workflows while delivering exceptional experiences for customers and employees alike. Customer service and personalization Customer service has become a business differentiator: a tool for building connections and reinforcing brand values. While this is more important than ever, it is also more complicated. Jeff Weiner, vice president, general manager at Conduent , a provider of business process outsourcing (BPO) solutions that ignite efficiency, savings and revenue growth, explains that the … [Read more...] about How to build business momentum during challenging times