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IPOH: While some fathers feel that seven days of paternity leave is too short, others believe it is more than enough. Marketing designer Muhammad Luqman Hakim Mohamed Radzi, who will soon have his second child, said seven days will be good enough to “settle matters related to a newborn”. ALSO READ : SMEs unhappy with longer paternity leave “There are a number of things to be done such as registering the baby’s name and getting a birth certificate. “Most infants also develop jaundice a few days after birth so the extra days of leave will be important for the men as they need to accompany their wife and newborn to the doctor,” he said in response to the Dewan Rakyat’s passing of amendments to the Employment Act on March 21, which saw the three-day paternity leave extended to seven days. Working fathers are eligible for paternity leave for up to five children. They must also have worked at the company for at least 12 months to be entitled to such leave. Before this, the … [Read more...] about Seven days of paternity leave more than enough, say some dads

Representative image Oil prices continue to surge over fears of supply disruption as Russia faced collective sanctions from the US and allies following its invasions of Ukraine. On March 2, Brent crude futures rose by as much as $8 and touched $113.02 a barrel, the highest since June 2014, before easing to $111.75, news agency Reuters reported. Such elevated prices have wide ramifications for India, given that about 85 percent of the crude processed by domestic refiners is imported. High prices can put upward pressure on inflation, increase the cost of inputs for various industries, make transportation expensive, raise the import bill and lead to deterioration of the current account. The Economic Survey of 2021-22 had flagged the risk of imported inflation, arising from elevated global energy prices but the Budget for 2022-23 and the Reserve Bank of India’s monetary policy committee have taken a relatively benign view on crude oil prices—they have estimated that it would … [Read more...] about Crude hovers around $110, India has a lot to worry about

New York (CNN) J.M. Smucker is recalling certain types of Jif peanut butter in the US because of a potential salmonella contamination. The company said that the peanut butter was sold nationwide and the recall includes more than 45 kinds of products. They have lot codes between 1274425 to 2140425, the company said in a statement . The lot code is next to the "best if used by" date on the product's packaging. The affected products include both creamy and crunchy peanut butters, peanut butter to-go packs, and the natural squeeze pouch. Customers should discard the product immediately if it is included in the recall, which is being conducted with the US Food and Drug Administration. J.M. Smucker said it's not able to estimate the recall's financial impact for the fiscal year that ended on April 30 or the current fiscal year 2023, but will provide that information once it's available. Read More Customers who have had a reaction and … [Read more...] about J.M. Smucker is recalling some Jif peanut butter products due to salmonella

The success of a well-run business is not determined by its financial performance levels alone, and that is why leaders need to take a holistic approach and consider how each area of the establishment and decisions made about specific contributions to the company can build it up or weigh it down. advertisement advertisement As you work towards achieving your financial goals, it’s also important to find the right balance and prioritize how to maintain a steady cash flow and make wise choices about how and where to invest your time and money to elevate the organization. Below are 16 members of Fast Company Executive Board to share some of the best practices they’ve received about how to manage their company finances. 1.  DEVELOP A LONG-TERM PERSPECTIVE. advertisement As Warren Buffet says: “Think long-term.” As a manager, you have to live months or years ahead of where your company is now. Ask where you want to be in a year and invest … [Read more...] about Leading executives share 16 tips that nurture corporate finance

If you want your toddler to eat more vegetables, you should reward them for it, new research shows. Just don’t make the reward other food like sweets or dessert. A study presented at the 2022 European Congress on Obesity in Maastricht, Netherlands, found that giving children stickers or small toy crowns may help them develop a taste for healthy food. Experts carried out the three-month research programme on children on aged one to four at nurseries in Limburg, Netherlands. Researcher Britt van Belkom from Maastricht University Campus Venlo, said: “It’s important to start eating vegetables from a young age. “We know from previous research that young children typically have to try a new vegetable eight to 10 times before they like it. “And so we looked at whether repeatedly asking children to try some vegetables would make them more willing to eat their greens. “We were also interested in whether providing a fun reward would make a difference.” Overall, 598 children took … [Read more...] about How to get your child to eat vegetables

PORT DICKSON: A 37-year-old doctor was found dead in a hotel room in Pasir Panjang near here. Port Dickson district police chief Supt Aidi Sham Mohamed said a hotel worker first found the female doctor unconscious in her bed around 2pm on Friday (May 20) and the police were called in. "A medical assistant from the Pasir Panjang government clinic was then called in and the doctor was certified dead just before 3pm. "Preliminary police probe in her room found no criminal element and the cause of death was established as undetermined," he said in a statement. Supt Aidi Sham said checks showed that the doctor, who was single, had checked in alone the day before. He said the doctor worked at a paediatric hospital in Petaling Jaya. The case has been classified as sudden death following a post mortem conducted at the PD Hospital on Saturday (May 21). … [Read more...] about Doctor found dead in hotel room, no foul play suspected

(Representative Image) In news that comes as a relief to the common man, the Centre has decided to cut excise duty on petrol by Rs 8 per litre and on Diesel by Rs 6 per litre. This will effectively reduce the price of petrol by Rs 9.5 per litre and of diesel by Rs 7 per litre. Finance Minister Nirmala Sitharaman , while making the announcement on her Twitter handle on May 21, requested state governments to follow the lead, especially those who didn't announce a reduction last time (Novemeber 2021). "I wish to exhort all state governments, especially the states where reduction wasn’t done during the last round (November 2021), to also implement a similar cut and give relief to the common man", read her tweet. Also Read: Excise duty on fuel has to be reduced by Rs 10-12 as there is no other option: Former finance secretary 7/12 We are reducing the Central excise duty on Petrol by ₹ 8 per litre and on Diesel by ₹ 6 per litre. It will have revenue implication of … [Read more...] about Centre cuts excise duty on petrol by Rs 8 per litre, on diesel by Rs 6 per litre

REUTERS/Ajay Verma India's inflation based on the Wholesale Price Index (WPI) rose further to 15.08 percent in April from 14.55 percent in March, according to data released by the commerce ministry on May 17. The WPI inflation was 10.74 percent a year ago. Another 10 percent-plus print in April means WPI inflation has extended its stay in double-digit territory to 13 months in a row. The rise in wholesale inflation in April comes after data released on May 12 showed the more closely tracked headline retail inflation rate based on the Consumer Price Index (CPI) jumped to 7.79 percent in April - the highest since May 2014, or 95 months. Expectations of a sharp increase in inflation in April forced the Reserve Bank of India's (RBI) Monetary Policy Committee to meet more than a month in advance of their scheduled meeting in June and announce a 40-basis-point hike in the repo rate on May 4. At 15.08 percent, the inflation print for April is the highest in the current series, … [Read more...] about WPI inflation rises further to 15.08% in April from 14.55% a month back

US President Joe Biden (File image: Reuters) As Americans deal with the highest inflation in decades, President Joe Biden has declared that combating rising costs is a priority for his administration. Lately, he has cited one policy in particular as an inflation-fighting tool: shrinking the nation’s budget deficit. “Bringing down the deficit is one way to ease inflationary pressures in an economy,” Biden said this month. “We reduce federal borrowing and we help combat inflation.” The federal budget deficit — the gap between what the government spends and the tax revenue it takes in — remains large. But Biden has pointed out that it shrank by $350 billion during his first year in office and is expected to fall more than $1 trillion by October, the end of this federal budget year. Rather than stemming from any recent budget measures by his administration or Congress, the deficit reduction largely reflects the rise in tax receipts from strong economic growth and the winding … [Read more...] about Biden’s curious talking point: Lower deficits offer inflation relief

United States President Joe Biden U.S. President Joe Biden and his new South Korean counterpart will search for ways on Saturday to break a diplomatic stalemate with North Korea, as they worry Kim Jong Un could lash out with new nuclear tests. Biden and Yoon Suk-yeol will meet in Seoul for their first diplomatic engagement since the South Korean president’s inauguration 11 days ago. The friendly encounter between allies is clouded by intelligence showing North Korean leader Kim is prepared to launch nuclear or missile tests. A senior Biden administration official told reporters on Saturday that the two leaders will discuss nuclear cooperation and that Washington remains ready for diplomacy with North Korea. "It is very much our desire that we find ways to have a diplomatic approach,” the official said. ”We have made very clear we’re prepared to talk to them, and with no preconditions, and we’re also prepared to take steps to address their domestic challenges, including … [Read more...] about North Korea nuclear threat tops agenda for Biden-Yoon meeting in South Korea