Tom and lorenzo 2019 golden globes

Tom Stalnaker is an Oliver Wyman partner and the firm's global aviation sector lead. Khalid Usman is a partner in Oliver Wyman's transportation and services practice specializing in airline economics. Andrew Buchanan is a vice president in Oliver Wyman's transportation and services practice. The opinions expressed in this commentary are their own. After two years of enduring masks, social distancing and quarantines, there's not much that can come between consumers and their summer vacations this year. Outbreaks of Covid-19 no longer seem to stop them from traveling — and based on recent demand for air travel, neither do higher prices for getaways. But while consumers may have gotten over fears of Covid, the economy is still riddled with its impacts — including high fuel prices , disrupted supply chains, and a labor market filled with workers hoping to work at least part of the time from home. For airlines, busy summer travel is turning into a season of operational … [Read more...] about Opinion: Airlines are facing pressure from all directions

Nintendo has impeccable timing. Just when Animal Crossing: New Horizons was on the verge of going stale with the lack of new content, the developer recently announced a July 3 update that adds major new features. The most obvious one is swimming and diving. It’s an option that appeared previously in Animal Crossing: New Leaf and will make its debut on the Nintendo Switch title. Players will need to grab a wet suit so they can swim and dive around their islands. Players can’t go far but they can hug the coast and find new sea creatures to add to their museum and perhaps terrify Blathers. Along with swimming, Pascal, a red sea otter, will make an appearance in New Horizons . He loves scallops and if players find one, they can trade it to him for mermaid-themed crafting recipes. Lastly, Gulliver has a wardrobe change. He's dressed more like a pirate and helping him will get players a special reward. Although his tasks to find his communicator pieces are redundant at times, … [Read more...] about ‘Animal Crossing: New Horizons’ with swimming and diving comes at the right time

Reuters filepix for illustration purpose only - A + A KUALA NERUS (June 29): The Ministry of Health (MOH) received a total of 528 complaints on illegal dental practitioners throughout the country from 2017 to 2021. MOH senior director (Dental Health) Dr Noormi Othman said of these complaints, 377 or 71.4% involved fake braces; 58 (11%) on dental veneers (crowns) and 93 (19.6%) on dentures, tooth extraction and teeth whitening. "The number of complaints rose between 2017 and 2019 but decreased during the 2020-2021 period. The drop might be due to increasing public awareness of bogus dentists or enforcement of the Movement Control Order (PKP) which restricted their activities. "However, we are concerned that the transition to the endemic phase will see their activities rising again," she told reporters, adding that Kuala Lumpur and Selangor recorded the highest number of complaints. Earlier, Dr Noormi launched the "Say No To Fake Dentist!" 2022 campaign, … [Read more...] about MOH receives 528 complaints on bogus dental practitioners

- A + A KUALA LUMPUR (June 29): Bursa Malaysia Securities Bhd has publicly reprimanded Khee San Bhd and nine of the candy maker’s directors for its delayed announcement of default in payments, inaccurate solvency declarations, as well as breaches in regards to corporate governance. In addition to the bourse operator’s public reprimand, a total of RM885,000 in fines have been imposed on the nine directors, Bursa Malaysia said. In a statement, Bursa Malaysia said the company breached Paragraph 9.19A(1)(a) of the Main Market Listing Requirements (Main LR), as the latter failed to make an immediate announcement on its defaults in payment to various credit facilities. Khee San only completely disclosed its default in payment to creditors on July 6, 2020 — a year after the first default in payment which occurred around April 16, 2019 to July 30, 2019, it added. “The total amount outstanding of the defaulted credit facilities of RM73.16 million as at June 30, 2019, … [Read more...] about Bursa reprimands Khee San and nine directors; imposes RM885,000 fines

This article first appeared in The Edge Malaysia Weekly, on June 13, 2022 - June 19, 2022. - A + A STARTING out as a waste management and environmental company before venturing into the renewable energy (RE) space, Cypark Resources Bhd has been the proxy for the RE theme play, given its exposure to the niche landfill-sanitisation market and the fact that it is the only company of its kind in Malaysia. While there have been ups and downs for Cypark since it was listed about 12 years ago, the last three weeks have been arguably the most challenging period for the company, which intends to convert solid waste into electricity. Its share price plunged 55% to 31 sen on June 10, from 69 sen on May 20. Concerns have been raised over the delays of Cypark’s ongoing projects, including its floating solar plant in Tasik Danau Tok Uban (DTU) in Pasir Mas, Kelantan, and its solid waste modular advance recovery and treatment waste-to-energy (SMART WTE) plant in Ladang … [Read more...] about Should Cypark shareholders be worried?

- A + A KUALA LUMPUR (June 29): The intense flaring at the Pengerang Refining and Petrochemical (PRefChem) integrated complex that was visible from Singapore this week was “part of the operational process” to ensure the safety of its assets and the surrounding areas, PRefChem said. Singapore news portal Mothership reported on June 26 that flaring at the refinery, which was restarted in May after two years, was visible from many parts of Singapore in the evening of June 25. Channel checks by The Edge confirmed the incident, which occurred after the reactivating of a fourth flare stack at the refinery on June 15. It is understood that the flaring activities restarted on June 14, and continued for around two weeks. In a response to The Edge, PRefChem assured that “the flaring activities are part of the operational process to ensure the safety of the facilities, environment, and community”. “Similar to other refineries and petrochemical plants, it is common … [Read more...] about Unusual flaring seen at Pengerang part of operational, safety procedures, says PRefChem

- A + A KUALA LUMPUR (March 16): Pengerang Refining and Petrochemical (PRefChem) said today that investigations into the cause of the fire and explosion incident at its facility in Pengerang, Johor, is still ongoing. In a statement today, PRefChem said the incident occurred at the Diesel Hydro Treating Unit (DHT) within the Pengerang Refinery Complex at 10.39pm last night. “It is with great sadness that we confirm that 5 people have lost their lives as a result of the incident, one person has suffered from a 40% second-degree burn, and one person escaped unhurt,” it said. PRefChem added that the Emergency Response Team is working closely with the relevant authorities. The site has been shut down and the situation is under control, it added. “Safety remains our utmost priority, and we wish to assure members of the public that the situation is under control, and there are no health and environment related risks in regards to this incident,” PRefChem said. “A … [Read more...] about Five dead from Pengerang incident, investigations ongoing

- A + A KUALA LUMPUR (March 16): Petronas Dagangan Bhd and Petronas Chemicals Group Bhd say the fire incident that occurred within the Pengerang Refinery Complex last night has had no impact on their businesses. "We refer to the fire incident that occurred within the Pengerang Refinery Complex on 15 March 2020 at 10:39 pm. The said incident has no financial or operational impact to our current business," said PetDag in a brief stock exchange filing tonight. Similarly, PetChem said: "We wish to inform that at this juncture PetChem’s current operations and business are not impacted by this incident." The fire and explosion occurred at one of the facilities owned by Pengerang Refining and Petrochemical (PRefChem). In a statement earlier today, PRefChem said the incident occurred at the Diesel Hydro Treating Unit (DHT) within the Pengerang Refinery Complex at 10.39pm last night, and that five people were killed while one managed to escape unhurt. This is the second … [Read more...] about PetDag, PetChem say their businesses not affected by fire at Pengerang Refinery Complex

Datuk Seri Najib Razak (Photo by Zahid Izzani/The Edge filepix) - A + A KUALA LUMPUR (June 29): The prosecution in the SRC International Sdn Bhd appeal contended that trial judge Datuk Mohd Nazlan Mohd Ghazali's previous roles in Maybank did not pose a conflict of interest in the trial in the High Court. In opposing the bid by Datuk Seri Najib Razak to adduce fresh evidence in the appeal, deputy public prosecutor (DPP) Mohd Ashrof Adrin Kamarul said Justice Nazlan's involvement in Maybank Group was known in the public domain. As such, Najib, as chairman of the board of advisors of 1MDB, ought to have known about his former engagement with the bank but did not object Nazlan presiding the trial then, Mohd Ashrof said in his affidavit in reply sighted by theedgemarkets.com . In the affidavit, Mohd Ashrof cited numerous news articles in 2018 which reported Justice Nazlan's position at Maybank. He noted that the news articles were in the public domain, even … [Read more...] about Nazlan’s Maybank role known to Najib, irrelevant to SRC trial, says DPP

Dana Peterson is an executive vice president and chief economist at The Conference Board. The opinions expressed in this commentary are her own. Aside from, "You're on mute," "I quit" has likely become one of the most popular sayings in the US over the last two years. But while more people are returning to in-person meetings, quitting does not appear to be letting up. Indeed, an astounding 4.4 million people quit their jobs in April, and there are 11.4 million jobs waiting to be filled, according to the Bureau of Labor Statistics (BLS) . So why are so many workers quitting? Here are four factors driving the so-called "Great Resignation" — and what businesses have been doing to stem the tide. Money Higher wages are among the many reasons that workers quit their jobs today. Just prior to the pandemic, the BLS' labor share of income — the percentage of economic output that goes to workers in the form of compensation — was just … [Read more...] about Opinion: Why so many workers are still quitting their jobs