US President Joe Biden shakes hands with Japanese Foreign Minister Yoshimasa Hayashi upon his arrival at Yokota U.S. Air Force Base in Fussa, on the outskirts of Tokyo, Japan on Sunday, May 22, 2022. (Photo by Kim Kyung-Hoon/Reuters) - A + A TOKYO/BEIJING/WASHINGTON (May 22): President Joe Biden arrived in Japan on Sunday to launch a plan for greater US economic engagement with the Indo-Pacific, facing criticism even before the programme is announced that it will offer scant benefit to countries in the region. On the second leg of his first Asia trip as president, Biden is to meet with leaders of Japan, India and Australia, the "Quad", another cornerstone of his strategy to push back against China's expanding influence. Biden meet with Japanese business leaders, including the president of Toyota Motor Corp 7203.T, at the ambassador's residence in Tokyo shortly after arriving, said a person familiar with the matter. On Monday, he is to call on Emperor Naruhito … [Read more...] about Biden in Japan to launch regional economic plan to counter Beijing
Where is the closest asian market
Startup Valuations Now: Are We In A Bubble?
Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?
Malaysia, Uzbekistan to strengthen bilateral ties in numerous fields
- A + A KUALA LUMPUR (May 22): Malaysia dan Uzbekistan are to strengthen further bilateral ties and cooperation in fields like trade, investment, tourism, education, health, technical cooperation and human resource development, and people to people contact. Both sides also shared their views on regional and international issues including the situation in Uzbekistan’s neighbouring state of Afghanistan, through the meetings between Malaysian Deputy Foreign Minister Datuk Kamarudin Jaffar and his Uzbekistan counterpart, Furkat Sidikov. According to a statement issued by the Malaysian Foreign Ministry (Wisma Putra) on Sunday (May 22), during his visit to the Central Asian nation from May 19-21, Kamarudin also paid courtesy call on the country’s Deputy Prime Minister Aziz Abdukhakimov, who is also the Uzbekistan’s Tourism and Cultural Heritage Minister. Kamarudin also called on Uzbekistan’s legislative assembly speaker Nurdinjon Ismoilov. The year 2022 denotes the … [Read more...] about Malaysia, Uzbekistan to strengthen bilateral ties in numerous fields
Sabah AKM tour records RM6.47 mil in sales, potential business
- A + A KOTA KINABALU (May 22): The "Jelajah Aspirasi Keluarga Malaysia'"or Malaysian Family Aspirations (AKM) Tour held at the Sabah International Convention Centre (SICC) received an overwhelming response from the local community during the three-day programme which concluded on Sunday (May 22). The AKM Tour Programme secretariat, in a statement, said the event saw a total of 24,198 visitors as of 3pm on Sunday, while a total of RM6.47 million in sales and potential business were also recorded. The involvement of 181 stalls for Small and Medium Industry (SMI) entrepreneurs and the business matching programme also boosted economic activities, especially for local entrepreneurs. The JaminKerja Keluarga Malaysia Career Carnival also saw 459 participants being called to attend interviews, of which 148 made it to the final screening in the positions they applied for, while 139 of them were successfully offered jobs. Apart from that, the Malaysian Family Sales were … [Read more...] about Sabah AKM tour records RM6.47 mil in sales, potential business
How several states are taking the lead on restoring overtime pay
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay
SEA Games: Phillip Delarmino gets muay gold after successful protest
Muay’s Phillip Delarmino delivers a gold medal to cap off the country’s 31st SEA Games campaign. Photo via Muaythai Association of the Philippines MANILA, Philippines—The Philippines’ last gold medal in the 31st Southeast Asian Games in Vietnam came unexpectedly, but rightfully so. After initially finishing with the silver medal in men’s muay 57kg event, Phillip Delarmino was ultimately awarded with the gold after the decision was reversed late Sunday night. His Vietnamese opponent Nguyen Doan Long settled for the silver. 31st SEA Games – Muaythai Update!HOME – COURT ADVANTAGE DENIED!Phillip "El Kapitan" Delarmino (Phillip Delarmino)… Posted by Muaythai Association of the Philippines – MAP on Sunday, May 22, 2022 “HOME – COURT ADVANTAGE DENIED! Phillip “El Kapitan” Delarmino (Phillip Delarmino) bagged the GOLD MEDAL after a clear win in the 57kg Men’s Category against the crowd favorite Nguyen Doan Long of Vietnam with the final score 29-28,” Muaythai … [Read more...] about SEA Games: Phillip Delarmino gets muay gold after successful protest
Kiefer Ravena still grateful despite Gilas’ SEA Games blunder
Kiefer Ravena during Gilas Pilipinas’ game vs Indonesia where the Philippines lost the gold. SEA GAMES POOL MANILA, Philippines—Despite missing out on a gold medal, Kiefer Ravena remained grateful to have represented the Philippines again in the Southeast Asian Games. Ravena held his head high even after Gilas Pilipinas’ shocking 85-81 loss to Indonesia on Saturday at Thanh Tri Stadium in Hanoi, Vietnam. The setback denied the Philippines of what should have been a 14th consecutive gold medal in men’s basketball. “Thank you SEA GAMES for the competition, relationship and memories! 13 straight is tough to beat and i’m proud of my team! Sorry we [fell] short. #5and1 #OneForTheRoad,” Ravena tweeted. Ravena also fell short in claiming his sixth SEA Games gold. Indonesia, on the other hand, celebrated its first-ever basketball gold in the biennial meet. Get the hottest sports news straight into your inbox Inquirer’s special coverage of the Hanoi SEA Games 2021. … [Read more...] about Kiefer Ravena still grateful despite Gilas’ SEA Games blunder
SEA Games: Chot Reyes takes blame for Gilas’ failed gold medal bid
Gilas Pilipinas coach Chot Reyes in the 31st SEA Games. SEA GAMES POOL MANILA, Philippines—Gilas Pilipinas head coach Chot Reyes took the fall for the national team’s botched gold medal bid in the 31st Southeast Asian Games in Hanoi, Vietnam on Sunday. The Philippines, deemed as an immovable dynasty in the region, was knocked off its lofty perch by an emerging Indonesian side, 85-81. “Our players played their best,” said Reyes, who was tapped to replace Tab Baldwin in an unexpected shakeup last February. “Indonesia came with a very good game plan. They shot well from the three-point line. In the end, we just couldn’t match it.” “Obviously that’s on me. I take full accountability and responsibility for the result. Like I said, they tried their best and that’s sports. That’s life. Sometimes, things don’t work out the way we played,” he added. PBA stars Matthew Wright and June Mar Fajardo led the way with 23 and 20 points, respectively but Gilas’ offensive woes coupled … [Read more...] about SEA Games: Chot Reyes takes blame for Gilas’ failed gold medal bid
6 short films make it to 2022 QCinema film fest
Austin Tan, director of “Ngatta Naddaki y Nuang?” (Why did the Carabao cross the Carayan?) This year’s winning short films examine cinema and interrogate space created, recreated and destroyed through it,” said filmmaker Ed Lejano as he described the lineup of the 10th edition of QCinema International Film Festival that will run in November. Six shorts were chosen from close to 160 entries after a difficult screening process. Each filmmaker received a grant of P350,000, added Lejano, who is also festival director. “A refreshingly diverse program of themes and styles are in store for all viewers in QCinema’s 10th year,” Lejano said in a statement sent to Inquirer Entertainment. “Its roster covers a range of concerns—from a reflexive attempt to save a silent film reel, an introspective search for meaning by an online sex worker, contrasting issues of migration both set in Cagayan Valley, to a psychological journey in a Quezon forest, and to a surreal one set amidst the backdrop of … [Read more...] about 6 short films make it to 2022 QCinema film fest
Chin Hin Group continues M&A spree
CHIN Hin Group Bhd is again making waves for its acquisitive drive. Chin Hin is a 31.2% stake owner in Signature International Bhd after purchasing a stake in March 2021. Earlier in the week, Signature had announced its intention to acquire a 23.67% stake in Main Market-listed Fiamma Holdings Bhd for RM180mil cash or RM1.50 per share. ALSO READ: Chin Hin takes control of Ajiya Fiamma mainly distributes and services home and kitchen electrical appliances and it also makes built-in kitchen and wardrobes. In December 2020, Chin Hin had parked Chin Hin Group Property Bhd (CHGP) under its stable after it acquired a 51.5% equity stake in a related party transaction (RPT) from the latter’s major shareholders. According to its 2021 annual report, Chin Hin now has an effective 59.3% stake in CHGP. There have been more acquisitions. Chin Hin is now a 65%-owner of construction firm Kayangan Kemas Sdn Bhd and the company is the single largest 24.68% shareholder in construction … [Read more...] about Chin Hin Group continues M&A spree