Sri lankan egg hoppers

Adrian Wail Akhlas (The Jakarta Post) PREMIUM Jakarta   ● Thu, November 19, 2020 Finance Minister Sri Mulyani Indrawati has called for fair competition in the financial technology (fintech) industry to support economic growth while raising concerns over potential domination by bigger companies. The minister pointed to the absence of a “level playing field” in the fintech industry and said that as fintech startups grew, they were usually acquired by even bigger companies. “There will never be a level playing field because the bigger the company, the bigger their capital and liquidity to dominate the market. […] It is going to be difficult for new entrants to establish their presence,” she told a forum held by Bloomberg on Wednesday. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and … [Read more...] about Sri Mulyani calls for ‘level playing field’ through fintech policy approach

Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar (Bernama filepix) - A + A KUALA LUMPUR (Aug 9): The establishment of the co-operatives federation, representing a co-operatives union, empowers the co-operative movement that carries out activities under the six economic sectors. The six sectors are wholesale and retail; tourism, personal care and health; financial services; farming; real estate and construction industry; and agriculture and agro-based industries. Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar said co-operatives are seen as important in the socio-economic development of society, especially in helping deal with the people’s cost of living. “In view of the importance of the cooperatives sector in the development of socio-economy and in addressing the cost of living of the people, the government has agreed that the plantation co-operatives be given assistance in the recruitment of foreign labour. “Besides … [Read more...] about Co-operatives federation empowers co-operatives under six economic sectors, says Noh Omar

- A + A KUALA LUMPUR (Aug 9): Malaysia and Indonesia deepened their defence cooperation with the signing of a Memorandum of Understanding (MOU) on Tuesday (Aug 9), encompassing five main scopes. Senior Defence Minister Datuk Seri Hishammuddin Tun Hussein said the MOU involves the sharing of information on defence issues, as well as cooperation between the two armed forces at various levels including exchange of officers, military training and education. “Apart from that, it also covered bilateral dialogue and negotiations on strategic defence and military issues based on joint interest in defence science and technology, as well as defence industry,” he said in a statement. Earlier, Hishammuddin and Republic of Indonesia Defence Minister Prabowo Subianto chaired the 42nd General Border Committee meeting between Malaysia and Indonesia at Wisma Perwira here. Hishammuddin said the meeting focused on efforts to bolster defence cooperation and socio-economic … [Read more...] about Malaysia, Indonesia sign MOU to enhance defence cooperation

Supporters await a convoy carrying US House Speaker Nancy Pelosi outside the Grand Hyatt hotel in Taipei, Taiwan, on Tuesday, Aug 2, 2022. US House Speaker Nancy Pelosi landed in Taiwan on Aug 2 evening, in defiance of Chinese threats, a trip that would make her the highest-ranking American politician to visit the island in 25 years. - A + A (Aug 9): House Speaker Nancy Pelosi’s swing through Asia aimed to convey the US’s “strong and unshakable” support for the region. It ended up leaving many countries in stunned silence, as China conducted unprecedented military drills around Taiwan. The shockwaves from the highest-level US visit to Taiwan in a quarter century are still reverberating around the region days after she flew back to Washington. China’s military has extended exercises designed to show an ability to encircle the island and cut off the Taiwan Strait, one of the world’s busiest trade routes, days after launching missiles that likely flew over Taipei … [Read more...] about Pelosi trip hinders Biden effort to galvanize Asia against China

A Kakapo parrot sits on its eggs in this undated handout image, in New Zealand in this undated handout image. Jake Osborne – Department of Conservation/Handout via REUTERS WELLINGTON — The population of New Zealand’s kakapo, an endangered flightless parrot, has increased 25% in the last year to 252 birds following a good breeding season and success with artificial insemination, the conservation department said Tuesday. The kakapo have been nearly wiped out by introduced predators such as stoats as the birds cannot fly. The problem has been exacerbated by inbreeding, very low fertility – only 50% of eggs are fertilized – and as they only breed every two or three years when native rimu trees fruit. The population of the kakapo, which is the world’s heaviest parrot, is now at its highest number since the 1970s. “There were just 86 kakapo when I first started working as a kakapo ranger in 2002. That number was scary. Having a breeding season with 55 chicks feels like a very … [Read more...] about New Zealand’s endangered kakapo parrot gets a big population boost

A crowd at an election rally in Uttar Pradesh. (Image Source: AP/File photo) The prime minister has set the cat among the pigeons, with his fusillade against election freebies while inaugurating the Bundelkhand expressway. He said the culture of garnering votes by promising freebies harms the country’s economic development and warned the youth, ‘Your present will be lost and your future pushed into darkness.’ Those who believe in distributing freebies, he said, would never build infrastructure, sorely needed for securing the country’s future. That little speech succinctly lays out the rationale against populism---it promises instant gratification, at the cost of future penury. Predictably, the speech drew the ire of AAP supremo Arvind Kejriwal, who defended his trademark policy of giving away free power. His promise of giving 300 units of free power to each household if his party wins the Gujarat elections is estimated to cost the state Rs 8700 crore a year. It is policies such as … [Read more...] about The hidden cost of free lunches

Supporters await a convoy carrying US House Speaker Nancy Pelosi outside the Grand Hyatt hotel in Taipei, Taiwan, on Tuesday, Aug 2, 2022. US House Speaker Nancy Pelosi landed in Taiwan on Aug 2 evening, in defiance of Chinese threats, a trip that would make her the highest-ranking American politician to visit the island in 25 years. - A + A (Aug 9): House Speaker Nancy Pelosi’s swing through Asia aimed to convey the US’s “strong and unshakable” support for the region. It ended up leaving many countries in stunned silence, as China conducted unprecedented military drills around Taiwan. The shockwaves from the highest-level US visit to Taiwan in a quarter century are still reverberating around the region days after she flew back to Washington. China’s military has extended exercises designed to show an ability to encircle the island and cut off the Taiwan Strait, one of the world’s busiest trade routes, days after launching missiles that likely flew over Taipei … [Read more...] about Pelosi trip hinders Biden effort to galvanise Asia against China

- A + A KUALA LUMPUR (Aug 9): Prime Minister Datuk Seri Ismail Sabri Yaakob will be informing all state governments to amend their respective state constitutions, in line with the Constitution (Amendment) Bill (No. 3) on the provisions that prohibits Members of Parliament from switching parties. Minister in the Prime Minister's Department (Parliament and Law) Datuk Seri Dr Wan Junaidi Tuanku Jaafar said this when winding up the debate on the Bill at Dewan Negara on Tuesday (Aug 9). "I have discussed with the Prime Minister that after we passed this Bill at Dewan Negara, I have requested the Prime Minister to send a letter to all states as raised by the senators, so that we standardise the amendment in all states. "(This includes) states that have made amendments or have not yet made amendments to follow our schedule as mentioned in the constitutional amendment, so that each state standardised with what we done at the federal level," he said. The Constitution … [Read more...] about Party hopping ban: PM to inform state govts on amending state constitutions

- A + A KUALA LUMPUR (Aug 9): Texchem Resources Bhd saw its net profit jump about 16 times to RM6.73 million in the second quarter ended June 30, 2022 (2QFY22) from RM424,000 a year earlier, thanks to recovery of restaurant division amid the country’s transition to endemicity, as well as the reopening of international borders. Earnings per share (EPS) increased to 5.70 sen from 0.35 sen the prior year, the Sushi King owner and operator told Bursa Malaysia on Tuesday (Aug 9). Besides owning and operating the Sushi King chain of restaurants, Texchem’s other main businesses include industrial, food and polymer engineering. Quarterly revenue in 2QFY22 rose 15.42% to RM301.46 million from RM261.19 million in 2QFY21, as revenue from the restaurant division rose to RM72.9 million from RM40 million. Exluding the share-based payments of RM400,000, the restaurant division achieved a profit before tax (PBT) of RM3.2 million — a turnaround from a loss before tax (LBT) of … [Read more...] about Texchem’s 2Q net profit jumps 16 times to RM6.73m, declares eight sen dividend

- A + A KUALA LUMPUR (Aug 9): Three senators on Tuesday (Aug 9) proposed that the issue regarding the Littoral Combat Ship (LCS) be debated in the Dewan Negara before the end of the session next Tuesday (Aug 16). It was proposed by Senator Lim Hui Ying, Senator Fadhlina Sidek and Datuk A. Kesavadas Nair, who wanted to know more about the procurement of LCS for the Royal Malaysian Navy (RMN). Lim said the Public Accounts Committee (PAC) report on the acquisition of LCS for RMN use should be debated, as it involves public interest and national security. He added that he had submitted a notification to the Dewan Negara President Tan Sri Dr Rais Yatim, according to Standing Order 17(1). "The PAC report also revealed various flaws, misappropriation and misuse of power in the project, including involving the former minister of defence. Therefore, this matter should be debated in the Dewan Negara, as it involves public interest and national security," he said at a press … [Read more...] about Dewan Negara: Three senators propose to discuss LCS issue