Probe 100 power line monitor

This article first appeared in City & Country, The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A The rental and occupancy levels of office space in KL city are anticipated to see downward pressure, as a result of substantial incoming supply and low occupancy in office buildings this year. The occupancy level in KL fringe, however, is expected to remain relatively stable, driven by a wider pool of tenants/occupiers and high-quality decentralised offices, particularly in areas with ease of accessibility and adequate transport links. Meanwhile, the Selangor office market will remain resilient with more leasing activities expected, especially for buildings with Multimedia Super Corridor (MSC) status and Grade A buildings, says Knight Frank Malaysia executive director of corporate services Teh Young Khean in presenting The Edge /Knight Frank Kuala Lumpur and Selangor Office Monitor 1Q2022. Malaysia reopened its borders in early April to … [Read more...] about The Edge | Knight Frank Kuala lumpur and selangor office Monitor (1Q2022): Downward pressure on rental, occupancy rates to continue

Reuters Seoul, South Korea   ● Thu, June 30, 2022 2022-06-30 14:05 0 76b99ae81be4b2e052851b8c9666350f 2 Asia and Pacific cryptocurrency,North-Korea,kim-jong-un,hacker,US,blockchain Free North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a US company, three digital investigative firms have concluded. The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains. Since then, activity by the hackers suggests they may be linked to North Korea, which experts say is among the most prolific cyber attackers. UN sanctions monitors says Pyongyang uses the stolen funds to support its nuclear and missile programmes. The style of attack and high velocity of structured payments to a mixer - used to obscure the origin of funds - is similar to previous attacks that were attributed to North … [Read more...] about North Korea may be behind $100 million cryptocurrency hack

Israeli entrepreneur Amit Rosner lives in Tel Aviv and is launching a business in Boston. He spends a lot of time on airplanes. "And whenever I look out of the window before we land, it drives me nuts to see roofs baking in the sun," Rosner says. "I feel this is absurd--that so much energy falls on the roofs, and it just bakes the roofs without doing anything helpful." He's right; it's crazy. Consider: The price of photovoltaic cells is plummeting; an overwhelming majority of Americans (79 percent, according to a recent Gallup poll) want the U.S. to develop more solar power ; and solar power is in fact growing, accounting for 36 percent of all new electric capacity through the first nine months of 2014, according to the Solar Energy Industries Association. And yet, solar power remains all but invisible on the big stage of U.S. electricity generation. According to the U.S. Energy Information Administration, the United States generated about 4.093 billion kWh of electricity … [Read more...] about Yeloha: It’s Like Airbnb but for Solar Power

- A + A (June 30): It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. The founder of Didi Global Inc, dressed entirely in black, told his lieutenants to slash spending by a fifth in 2022 and begin layoffs after staff return from Lunar New Year vacations. He delivered his bombshell flanked by a giant Powerpoint slide that read: “Don’t live with illusions. Face reality.” “We had a tough year,” said the reserved billionaire known as Will, who that day seemed even gloomier than normal, according to people briefed on the gathering. “But next year will be even tougher.” That sombre gathering encapsulated what many in the room already suspected — the ride-hailing champion once feted for running Uber Technologies Inc out of China was no more. In its place was a defeated shell worth a fifth of its value at the peak, bleeding users, blocked from raising funds for cherished projects — and whose executives were constantly … [Read more...] about Inside Didi’s US$60b crash that changed China tech forever

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A ALL eyes are on RHB Banking Group’s newly minted group managing director (MD) and group CEO Mohd Rashid Mohamad as he steers the fourth-largest banking group by assets forward in a tough operating landscape. “It’s very challenging, especially now in a fast-changing market environment, and as we face potential risks such as geopolitical and inflationary,” acknowledges Rashid in his first exclusive interview as group MD/CEO. Competition has intensified, given new entrants into the market, which are not just new banks but also technology companies that compete for the same pie. Rashid adds that this has partly affected the profitability of the industry, along with many other factors. He notes that banks globally no longer see “high ROEs” as before. For RHB Bank Bhd, its return on equity (ROE) in the past 10 financial years hit a high of 13.4% in FY2012 before … [Read more...] about Cover Story: RHB’s Game Plan in ‘fast-changing’ new normal

Share to Twitter Share to Linkedin From the shady terrace of the poolside bar, guests of Castelfalfi Resort can gaze across the verdant landscape of the hotel's 2700-acre estate over to the restored medieval castle in the adjacent village. Having undergone an aesthetic and sustainable revamp, the five-star resort has opened its doors to summer visitors with a stylish new interior design and an impressive roster of activities in the stunning natural surroundings. Castelfalfi lies equidistant between the art cities of Florence and Siena, deep in the Tuscan countryside . The complex comprises a recently constructed hotel with 120 rooms, a spa and two pools, situated just down the road from the historic village of Castelfalfi. The hamlet, which was a ruin just a couple of decades ago, has been fully restored and its houses sold to new occupants. Together, the hotel and village, along with villas for rent dotted around the estate, give guests a … [Read more...] about A Plastic-Free Bee-Friendly Hotel In Tuscany For Your Next Italy Vacation

Share to Twitter Share to Linkedin T he party’s over for Airbnb renters. The company is making its global ban on parties a permanent policy, codifying a temporary restriction put in place nearly two years ago. Airbnb has announced that it is banning “disruptive parties and events,” including open-invite gatherings. “Party house” properties will continue to be “strictly prohibited,” with “serious consequences” for guests who violate the rules. Punitive actions can range from account suspension to full removal from the platform. Last year, Airbnb suspended over 6,600 guests for violating the party ban. “We believe there is a direct correlation between our implementation of the policy in August 2020 and a 44% year-over-year drop in the rate of party reports,” according to a statement. The rental platform invites people to report parties at Airbnb properties in their area through a neighborhood support line . MORE FROM FORBES Airbnb Triples … [Read more...] about Airbnb Officially Shuts Down Party Houses For Good

- A + A KUALA LUMPUR (June 30): The Securities Commission Malaysia (SC) has launched a new sukuk framework to facilitate fundraising by companies in addressing sustainability concerns such as climate change or social agenda, with features that relate to the issuer’s sustainability performance commitments. The Sustainable and Responsible Investment (SRI)-linked Sukuk Framework is an extension of the initiatives under the SRI road map that was introduced in 2019 to broaden SRI product offerings, the SC said in a statement on Thursday (June 30). "More significantly, this initiative reflects the SC’s commitment to expanding the reach of the Islamic capital market (ICM) to the broader stakeholders of the economy and building an enabling ICM ecosystem for the sustainability agenda," added the regulatory agency. The SC said high-emitting industries are at high risk of being phased out with the accelerated shift towards developing a climate-resilient future. The … [Read more...] about SC launches new sukuk framework to facilitate companies’ transition to net zero

KUALA LUMPUR: The Securities Commission (SC) has launched the sustainable and responsible investment-linked (SRI-linked) Sukuk Framework to facilitate fundraising by companies in addressing sustainability concerns. The regulator said with the accelerated shift towards developing a climate-resilient future, high-emitting industries are at a high risk of being phased out. “The SRI-linked sukuk will enable companies in these as well as other industries to transition into a low-carbon or net zero economy. “As at Dec 31, 2021, the global sustainable bonds outstanding exceeded US$1 trillion with sustainability-linked bonds making up US$118.8bil,” it said in a statement. It added that the framework was an extension of the initiatives under the SRI Roadmap that was introduced in 2019 to broaden SRI products offerings. More significantly, this initiative reflects the SC’s commitment to expand the reach of the Islamic Capital Market (ICM) to the broader stakeholders of the economy and … [Read more...] about SC launches SRI-linked Sukuk Framework

They met. They danced. One thing led to another, and before long a relationship--and a business model--was born: Bobby Farahi, 41, and Shaudi "Shoddy" Lynn, 28, leveraged his business acumen and her fashion sense to design and import edgy, risqué outfits and sell them on a website called Dollskill.com ("Doll "for playing dress-up, "kill" to make "doll" sound edgy). They got married two years ago, and last year they rang up $7.6 million in sales, earning them the No. 33 spot on the Inc. 500 , an annual list of the fastest-growing private companies in America. Here, Farahi tells the story of how their relationship became so profitable: She was a DJ. I was partying. We met at a rave in LA and started dating. I had just sold my last business, Multivision (a broadcast monitoring service), and was looking for the next thing. She was traveling a ton, but wasn't really making much money off the DJ thing. Actually, she was making more money selling clothes on eBay. … [Read more...] about The Quirky $8 Million Fashion Business That Started at a Rave