Overtime pay alberta

Mustapa says the government is always serious about the rising cost of doing business due to bureaucracy and the impact of the shortage of foreign workers on the economy as often raised by industry. (Photo by Mohd Suhaimi Mohamed Yusuf/The Edge) - A + A TUMPAT (June 25): The government will pay attention to four proposals submitted in writing by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) before tabling Budget 2023 in October. Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said the four proposals are related to the issue of hiring foreign workers, inflation control, Internet access problems and issues related to food security. “The government welcomes participation and commitment from the private sector and the business community as demonstrated by the ACCCIM to jointly find solutions to the challenges faced in doing business, especially in the context of the country’s post-Covid-19 economic … [Read more...] about Govt to pay attention to four ACCCIM proposals for Budget 2023, says Mustapa

- A + A KUALA LUMPUR (June 25): Federal Territories Minister Datuk Seri Dr Shahidan Kassim has urged unrelated parties to stop interfering and politicising the issue of land acquisition for the Sungai Baru redevelopment project in Kampung Baru, which is still in the process of negotiations. He also urged the group of residents who still disagree with the land acquisition process not to be confused and influenced by those who just want to take advantage of the issue by pretending to be "heroes". “Landowners are more entitled than others. They voice their opinion a little wrongly when the opinion is channelled to those who want to take advantage. “I may be challenged by other parties. Go ahead. Challenge me. I have no problem but I am still in favour of the landowners. There is no need to look for others because we (the government) will make the decision, but if other people want to be heroes, it is up to them,” he said at the press conference of the Self-Defence … [Read more...] about Shahidan: Unrelated parties must stop interfering, politicising Sungai Baru issue

HARARE, June 25 (Xinhua) -- Zimbabwean government health workers on Saturday called off their one-week strike over better pay, citing the need to prevent further unnecessary loss of life. "The leaders of the Health Associations after considering the plight of the public, have resolved to temporarily adjourn the industrial action and request the healthcare workers to resume service. This has been done to prevent any further loss of life," the Zimbabwe Health Apex Council said in a statement. The Council said it hoped the government will address their grievances within 14 days, failure of which the employees will go on industrial action without notice. "We have taken this decision in good faith, that the employer will engage with us. We believe that the 'ball' is now in the employer's court," the Council added. The government health workers - from doctors and nurses to the lowest-ranked employees - went on strike Monday citing incapacitation to continue reporting for work due to … [Read more...] about Zimbabwean gov’t health workers call off strike

Representative Image After multiple rounds of deliberations, the Digital Lenders Association of India (DLAI) has decided to seek a six-month extension and meetings with Reserve Bank of India (RBI) representatives on the regulator's recent clarification barring several fintechs from facilitating credit through Prepaid Payment Instruments (PPIs) of their partner banks. While a final representation is yet to be sent to the regulator, Moneycontrol could gain access to the draft letter of June 24 addressed to the Department of Payment and Settlement Systems and the Department of Regulation within the RBI. In the letter, DLAI argued that business models that involve lending through prepaid instruments like wallets and prepaid cards were developed with: (a) the objective of ensuring accessibility of affordable and easy credit to the middle and low-income households in India and achieving financial inclusion; and (b) safeguards to account for systemic risks in transactions as … [Read more...] about Digital lenders seek 6-month extension, meeting with RBI, on PPI-based lending

DREAMGATEWAY Exterior design of SMC’s P740-billion New Manila International Airport in Bulakan, Bulacan, the single most expensive infrastructure project in Philippine history. —CONTRIBUTED PHOTOS Ramon S. Ang is never out of new ideas, especially when it comes to expanding the business and economic footprint of one of the country’s largest conglomerates, which he heads. When we sat down for an interview recently, however, the president and CEO of San Miguel Corp. (SMC) seemed more focused than usual on one particular project—one mega project which, by his own admission, will only start making money two decades after its completion. At a total projected cost of P740 billion ($13.5 billion)—to be financed solely by the company without a single centavo of funding from the government—the new Manila International Airport in Bulakan, Bulacan, is the most expensive infrastructure undertaking in the country’s history whether by a public or private entity. “This is a legacy project … [Read more...] about World-class ‘aerocity’ rising

A woman takes a picture of a globe at the COP21, the United Nations Climate Change Conference Monday, Dec. 7, 2015 in Le Bourget, north of Paris. The Paris conference is the 21st time world governments are meeting to seek a joint solution to climate change. The talks are focused on reducing emissions of carbon dioxide and other greenhouse gases, primarily by shifting from oil, coal and gas to cleaner sources of energy. AP LE BOURGET — Weary envoys from 195 nations battling to forge an accord to save mankind from disastrous global warming emerged Thursday from all-night talks facing an imminent deadline with deal-breaking rows still unresolved. More than two decades of bruising international diplomacy have failed to produce such a pact, which would require the world’s energy system to cut back on burning coal, oil and gas that releases planet-warming gases. The 195-nation UN talks in the French capital have been billed as the last chance to avert worst-case-scenario climate … [Read more...] about Crunch time after all-night climate talks in Paris

Wall Street, New York City (File image: Reuters) From 1999 to 2019, I managed money for some of the largest hedge funds in the world ( Millennium, Brevan Howard, ExodusPoint ). During that time, I generated positive returns for 103 consecutive months, which is quite possibly the longest such streak in hedge fund history. This extraordinary feat was made possible by my strict adherence to three key principles. First, I made sure that I had a method that turns the odds in my favour. Second, I had the discipline to stay with that system in good times, and bad times. Finally, it is vital to play with a bankroll that is large enough to ride out market fluctuations. Lose any one of these three things, and it becomes impossible to beat the market for any length of time. Have A System : As a professional gambler who accidently landed on Wall Street way back in 1993, I have always had a keen sense of the odds in any game. I played blackjack because it is the only game where a … [Read more...] about How I beat Wall Street for 103 consecutive months

Representative Image (Image credit: ANI/Twitter) Prime Minister Narendra Modi will hold meetings with over 12 world leaders during his visit to Germany and the United Arab Emirates and will have over 15 hectic engagements, official sources said on Saturday. Modi will also speak at an Indian community event in Munich, which is expected to be the largest such programme post-COVID-19. He is travelling to Germany to attend the G7 summit, to be held on June 26 and 27, and will travel to the UAE on June 28 to pay his condolences on the passing away of Sheikh Khalifa bin Zayed Al Nahyan, the former president of the Gulf nation. Official sources said the prime minister will have multiple bilateral meetings in addition to attending the G7, a grouping of the world's seven richest nations, during his around 60-hour stay in Germany and the UAE. Foreign Secretary Vinay Mohan Kwatra said on Friday that Modi will hold bilateral meetings and discussions with the leaders of the G7 and also … [Read more...] about PM Modi to hold meetings with over 12 world leaders during Germany, UAE visit

State Bank Of India As the world debates the pros and cons of adopting a four-day workweek, hundreds of thousands of bank employees in India are demanding a five-day system. At least nine unions of bank employees will go on a day’s strike on June 27 to press their demand. They want time off every Saturday and Sunday, saying the technology at the disposal of banks would allow a smooth transitioning to a five-day workweek. “We have been talking to all stakeholders for the last seven years. But things have not moved as desired. A five-day work week is a basic demand from us and it’s for the betterment of health, and work-life balance of bank employees,” C.H. Venkatachalam, general secretary of the All Indian Bank Employees Association (AIBEA), told Moneycontrol. “Nearly 900,000 bank employees will shun work and protest on 27 June to drive this message and a few other demand points,” Venkatachalam  said. Bank employees in India are still working six days a week when other … [Read more...] about Forget a four-day workweek, bank employees in India want a five-day week​

Williams-Sonoma has an Amazon problem, so it's taking the company to court to solve it. Last week, the San Francisco-based home goods retailer filed a lawsuit accusing Amazon of both selling counterfeit products on its platform and copying Williams-Sonoma's  proprietary designs for its own private label brand, The Washington Post reports . While it is third-party retailers who allegedly sell counterfeit products on Amazon--a problem the company has dodged by citing its role simply as a middleman between buyer and seller--Amazon is actively marketing counterfeit goods as "by Williams-Sonoma," the lawsuit alleges. Williams-Sonoma also alleges Amazon copied two of its chair designs, the "Orb" and the "Slope." "To protect the integrity of its brand, [Williams-Sonoma] does not license [its brand] in connection with online retail services," reads the complaint, adding that the way Williams-Sonoma's products are advertised on Amazon's platform creates "a strong … [Read more...] about Amazon’s Third-Party Sellers Just Landed the Company in Hot Water