- A + A KUALA LUMPUR (Aug 9): Leong Hup International Bhd's unit Leong Hup Feedmill Malaysia Sdn Bhd (LFM), one of the five feed millers recently issued with a proposed decision by the Malaysia Competition Commission (MyCC), said that MyCC has proposed to impose a financial penalty of RM157.47 million in the event LFM is found to have infringed the Competition Act 2010. In a filing with Bursa Malaysia on Tuesday (Aug 9), Leong Hup said that it provided the additional information for the purpose of clarity. Besides the RM157.47 million fine, Leong Hup also said that if LFM is found to have infringed the Act, MyCC proposed to direct LFM to undertake the following: i) to cease and desist from participating and engaging in the alleged anti-competitive horizontal agreement in relation to any discussion on price-related matters pertaining to chicken feed; ii) to submit monthly price-related matters to MyCC including the announcement of price adjustment to customers, a … [Read more...] about Leong Hup’s unit to be fined RM157.47 mil if found to have infringed Competition Act 2010
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Peter Bergen is CNN's national security analyst, a vice president at New America and a professor of practice at Arizona State University. Bergen's new paperback is "The Rise and fall of Osama bin Laden." from which this article is, in part, adapted. The views expressed in this commentary are his own. View more opinion on CNN. (CNN) In 1961, after a CIA-backed invasion of Cuba failed spectacularly, President John F. Kennedy said of the Bay of Pigs fiasco, "Victory has 100 fathers and defeat is an orphan." Peter Bergen Last week, President Joe Biden took a victory lap when he announced that the US had tracked down and killed its most wanted terrorist, al Qaeda leader Ayman al-Zawahiri, who was living in a house in Kabul, Afghanistan. Don't expect a similar celebration on August 30, the first anniversary of the US troop withdrawal from Afghanistan, which ended the longest war in American history. Any realistic assessment of that action shows that it … [Read more...] about Opinion: Biden’s Afghanistan exit decision looks even worse a year later
In her article "The Real Danger of Going on 'Shark Tank': Copycats" for the Wall Street Journal last weekend, writer Ruth Simon documents the consequences of going public with your product idea. If it's promising, it will be imitated quickly... and even if it isn't, others may accuse you of being a thief. As an example, Simon relays the ordeal of Lori Cheek, an entrepreneur who appeared on the show in 2014. Her dating business still doesn't have any revenue. "But it has accumulated more than $60,000 in legal bills, after a viewer of the show accused Ms. Cheek of stealing his idea." Ouch. Here's the reality: If you have a great new product, it will get copied. Even if you have a patent, trademark, and/or copyright protection. In my opinion, it's literally impossible to protect anything these days. Reverse engineering is as doable as ever. If counterfeiters don't steal from you outright, a close alternative may pop up on the market. And make no mistake. It's not just … [Read more...] about So, You’ve Been Knocked Off. Congratulations!
Share to Twitter Share to Linkedin Sports fans are in luck right now, as we are about see a convergence of huge events, many of them held only once every two to four years, along with some entirely new but very high-profile options. Here are some of the biggies and how you can go see them. World Cup 2022 Next up is the world’s No. 1 sports spectacle, the men’s soccer World Cup, a quadrennial tournament like the Summer or Winter Olympic Games. Soccer is the most popular spectator sport in the world, and if you don't go this fall, you won't be able to see it again until 2026. Every World Cup is rare in the sense of the four-year cycle, but this one is even more notable because of a couple of firsts, including the fall dates, so it does not conflict with the busy summer family vacation travel season, and the Middle East location (not without some controversy, a ccording to the New York Times ). As a result, 1.3 million visitors are expected to visit Qatar … [Read more...] about Sports Travel—How To Attend The Biggest Sports Events In The World
Share to Twitter Share to Linkedin Famous Churchill Downs racetrack - you have to see it in person to appreciate it. I’ll Have Another, as in I’ll Have Another Kentucky Derby, hopefully as soon as next year. I just returned from Louisville, Churchill Downs, and “The Most Exciting Two Minutes in Sports,” and I can sum my experience up in one word: Awesome. I’ve been to a lot of major sporting events, including the Super Bowl, and the argument could be made that the Kentucky Derby is the best of all, mainly because it is about so much more than the race itself. Go to the World Series or NBA Finals and you get 3 hours of entertainment. Much of the fun surrounding the Super Bowl is in the form of invitation-only parties and VIP events, not the game. But the Kentucky Derby is the complete package, morning to night fun - for two full days - at a minimum. You don’t have to know anything about horse racing to love the Derby, with all its pomp and … [Read more...] about The Kentucky Derby: Great Fun And A Must-Do For Your Bucket List
Share to Twitter Share to Linkedin Exclusive tours of the paddock area to see the horses saddled and the jockies getting ready are a ... [+] very up close and personal experience you can enjoy when doing the Derby in style. With one of the strongest fields and most exciting finishes in Kentucky Derby history, the 138th “Run For the Roses,” set an all time attendance record at Louisville’s Churchill Downs, with over 165,000 there in person to see I’ll Have Another take the crown. As I noted yesterday, the crowd was a mix of veterans who come every year and wouldn’t miss the race for anything and first timers – most of whom now join the ranks of the regulars and will return, having been converted by what is arguably the best sporting event to attend live in this country. The Kentucky Derby, coupled with the Kentucky Oaks held the day before, is two full days of fun, excitement, history in the making, tradition, fancy dress, hats, drinks, food … [Read more...] about Start Planning For 2013 Kentucky Derby Now
Share to Twitter Share to Linkedin The Cake Boss made sure this Super Bowl dessert would be sweet for fans of both teams. In my last post , I wrote about how impressed I was with Indianapolis as a tourist city and as a host for what had to be the smoothest, best run Super Bowl imaginable. In a week filled with parties, big name concerts and all sorts of VIP events, the Taste of the NFL and its Party With A Purpose took the cake - except in this case the cake was a huge depiction of a football field complete with edible Eli Manning and Tom Brady jerseys and even the Vince Lombardi Trophy. The thing that makes this event so notable is that it is not new and not specific to any host city - it has been held for 21 straight years of Super Bowls, and will be held again next year (2013) in New Orleans, and after that in New York, and then Phoenix. My suggestion? Buy a ticket. The cool thing is you don’t have to be going to the game, which for most … [Read more...] about Super Bowl’s “Taste Of the NFL” – The Best Food Event You Never Heard Of
Share to Twitter Share to Linkedin The site of this year's Super Bowl was within walking distance of many hotels and all of downtown ... [+] Indy. Sunday’s Super Bowl was the most watched television event in American history, tuned into by nearly half of all households and at peak time, more than 117,000,000 viewers. Ad rates were $3.5 million per 30 second spot, and while viewers debated who was better, an overweight Volkswagen obsessed dog or Clint Eastwood, the real beneficiary of all that airtime and all those viewers was the city of Indianapolis. “Ten years from now, I think we will look back on this one single day as the tipping point in tourism and perception for the city,” said Chris Gahl, Vice President of Marketing for the Indianapolis Convention and Visitors Association. Several years ago when the city decided to go for the 2011 Game (it ended up with 2012), the bid process required $25 million in non-taxpayer funds, and several … [Read more...] about Super Bowl XLVI’s Real Winner? Indianapolis!
Paolo Gumabao “I appreciate him so much for accepting me—a child who isn’t his—and for treating me like his own,” said actor Paolo Gumabao as a way to pay tribute to the man who raised him. Even though Paolo’s biological father is ’80s actor Dennis Roldan, Paolo grew up in the care of his mom Sheryl Sorreta and stepfather Pao Chen. “I love and respect my stepfather so much because of all the things he did for me. This was why I was able to completely relate to the story of Jason,” he told reporters during a recent virtual media gathering to promote the Aug. 20 episode of the drama anthology “Maalaala Mo Kaya” (MMK). Paolo and Nonie Buencamino play son and father, respectively, in a story about how they accepted each other’s sexuality and profession. “Jason is gay so he looked up to his mother more, and he was never really close to his father while growing up. Jason also does not appreciate what his dad does for a living… as a garbage collector,” Paolo explained. “It is a story … [Read more...] about Why ‘story of acceptance’in MMK felt very personalto Paolo Gumabao
Mining firms heaved a huge sigh of relief following Malacañang’s policy pronouncement that the government will ramp up the development of the industry to shore up the economy. Miners in Zambales, in particular, must have also felt vindicated by the recent audit conducted by the Mines Geosciences Bureau (MGB) that they passed with flying colors. According to reports, these mining companies—Benguet Corp. Nickel Mines, Eramen Minerals Inc., LNL Archipelago Minerals Inc. and Zambales Diversified Metals Corp.—got an aggregate score of 97.86 last year from 93.07 the previous year. They were assessed for safety and health, environment and social development management performance. Veteran stockbroker and now Eagle Securities senior consultant Den Somera told Biz Buzz that the Marcos administration’s policy is most welcome. “The industry has suffered immeasurable losses because of the successive shutdowns,” he said. “I hope that the present government will follow through with this … [Read more...] about BIZ BUZZ: Awaiting Marcos’ mining moves