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2/29/2016 |
Hilton to unlock value
The Star - February 29 , 2016 Hilton Worldwide Holdings Inc said it would spin off its lodging properties and timeshare business into separate publicly traded companies in a bid to boost shareholder value as the world’s largest hotel operator faces increased competition. |
2/29/2016 |
Oscars 2016: Old-school methods help keep the Oscars hacker-proof
Stuff - February 29 , 2016 Hollywood isn't great at keeping secrets. So how come nobody ever knows the Oscar results in advance? |
2/28/2016 |
Hard to find bread in shortage-stricken Venezuela
NST - February 28 , 2016 At a popular east Caracas bakery, customers can buy Spanish olive oil, Italian tomato sauce and even American chocolates. But bread? Forget it. Cardboard signs on the door warning of “No bread” have become increasingly common at Venezuelan bakeries. |
2/28/2016 |
Billionaire Wang to build US$3.3bn theme park to rival Disneyland Paris
Taipei Times - February 28 , 2016 A partnership led by by Chinese billionaire Wang Jianlin’s (王健林) Dalian Wanda Group Co (萬達集團) plans to invest more than 3 billion euros (US$3.3 billion) in a retail and leisure development project outside of Paris, taking on Walt Disney Co in the euro area’s second-large... |
2/28/2016 |
How Muslims came to fear Freemasons
Malay Mail - February 28 , 2016 Under fire from Malay-Muslim groups for organising a conference in Penang last week, a senior member of a regional Freemason grand lodge was forced to defend the fraternity, explaining that it is “just like the Rotary and Lions”, referring to two major international service groups. |
2/27/2016 |
Bring back the 'sensible' in education
NST - February 27 , 2016 As we strive to keep the quality of our education system high, we subconsciously focus too much on creating a world-class learning environment, resulting in the overemphasis of 21st century education in educational institutions. |
2/26/2016 |
When state and religion were separate
The Star - February 26 , 2016 During the early days of independence, faith was a private matter and the country experienced religious tolerance and ethnic understanding. |
2/25/2016 |
The Eternal Sunshine of the Spotless Trump
The New York Times - February 25 , 2016 Donald Trump has been recognized for his mastery of the media, his fascination with gilt and his bold advocacy for baffling hair. But I think his greatest distinction is as a surrealist. Not since Salvador Dalí has someone so ambitiously jumbled reality and hallucination. |
2/25/2016 |
Portugal seeks to draw foreign investors
The Edge Property - February 25 , 2016 FAMOUS for its Roman and Moorish ruins, picturesque beaches and lively cities, Portugal is a blend of old-world charm and modernity. Bordered by the Atlantic Ocean to the south and west and Spain to the north and east, the country enjoys a Mediterranean climate and is beginning to garner attentio... |
2/24/2016 |
Online shopping takes a hit
The Star - February 24 , 2016 Malaysian online shoppers are turning to local sites as the weaker ringgit has made shopping on foreign sites much more expensive. |
2/24/2016 |
Government to introduce plan to rid local councils of ‘Little Napoleons’, minister says
Malay Mail - February 24 , 2016 A transformation plan for local councils will be introduced by the government this year to rid councils of “Little Napoleons”. |
2/23/2016 |
Five ICBC bank directors arrested in Madrid
Straits Times - February 23 , 2016 Spanish police have arrested five directors of Industrial and Commercial Bank of China (ICBC) after they raided the lender's Madrid offices as part of an investigation into alleged money laundering. |
2/23/2016 |
Kyle Bass, a sharpshooting short-seller
FT - February 23 , 2016 “Anyone who is invested in China, whether you are a pension fund or sovereign wealth fund or a large US or European institution — you better be thinking about this, and not with the reverence that people give to China,” he says. “Everyone has this embedded belief that Chin... |
2/23/2016 |
Pound in worst day since banking crisis as Brexit fears bite
Malay Mail - February 23 , 2016 The pound fell the most since the UK’s 2009 banking crisis after London Mayor Boris Johnson, one of the nation’s most popular politicians, said he’ll campaign for Britain to leave the European Union in a June referendum. |
2/23/2016 |
HK mansion sells for US$107mil
The Star - February 23 , 2016 Wheelock Properties Ltd sold a luxury home in Hong Kong’s exclusive Peak neighborhood to an unidentified buyer for a lower-than-expected price tag of HK$830mil (US$107mil) on Saturday. |
2/23/2016 |
Standard Chartered Drops After First Annual Loss Since 1989
Bloomberg - February 23 , 2016 Loan impairments almost double to $4 billion, highest ever. CEO Winters says performance to remain `subdued' in 2016. |
2/23/2016 |
Student creates media buzz
The Star - February 23 , 2016 DOCTORATE student Hafizah Noor Isa has become a centre of foreign media attraction when she and a group of scientists succeeded in proving Albert Einstein’s century-old gravitational wave theory, reported Berita Harian. |
2/23/2016 |
EPF upbeat about returns; goes for diversified assets, investments abroad
The Star - February 23 , 2016 The Employees Provident Fund (EPF) is committed to its investment strategies and remains confident of achieving significant returns despite the prevailing challenges in the global market environment, says chief executive officer Datuk Shahril Ridza Ridzuan. |
2/23/2016 |
Xiamen officially opens
The Star - February 23 , 2016 A pioneer group of 187 students have started their studies at the Xiamen University Malaysia Campus here, China’s first university to be set up abroad. |
2/23/2016 |
UOB Bank Malaysia sees ringgit rebounding to 4.1 vs US$
The Star - February 23 , 2016 Receding domestic political and economic headwinds have improved the outlook for the ringgit, which is set for a rebound this year, according to United Overseas Bank (M) Bhd (UOB). |
2/23/2016 |
Retail fair aims to break borders
The Star - February 23 , 2016 To increase brand visibility and provide business opportunities, the first ever Malaysia International Retail, Franchise and Licensing Fair (MIRF) will be showcasing the best and most established retail players from various industries, including food and beverage, education, fashion and service.<... |
2/23/2016 |
Freeze on approval of hotel licences in KL
The Star - February 23 , 2016 Kuala Lumpur City Hall (DBKL) will no longer issue hotel licences in the federal capital until further notice. |
2/23/2016 |
Groceries at your fingers tips
The Star - February 23 , 2016 Living in bustling Kuala Lumpur can sometimes be stressful because one can be caught in heavy traffic just heading out to purchase groceries.
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2/22/2016 |
Kanye West: My album's not for sale
Straits Times - February 22 , 2016 In the week since Kanye West debuted his new album, The Life Of Pablo, with an elaborate listening session-fashion show at Madison Square Garden, the music has earned rave reviews, been featured on Saturday Night Live (SNL) and inspired a rebuke from Taylor Swift onstage at the Grammy Awards. ... |
2/22/2016 |
Moody's warns Brexit would risk UK's credit rating
The Guardian - February 22 , 2016 Credit ratings agency said the economic costs of Britain leaving the EU would outweigh the benefits. |
2/22/2016 |
Apple’s Tim Cook Defiant Against FBI Order in New Email
Time - February 22 , 2016 “This case is about much more than a single phone" |
2/22/2016 |
Singapore property investments in Q4 climb 39.3%
Straits Times - February 22 , 2016 The total value of property investments in Singapore surged in the fourth quarter of last year. Key drivers were public land sales of non-landed residential sites and acquisitions of office buildings by institutional investors. |
2/22/2016 |
10 things that make Singapore a city of design
Straits Times - February 22 , 2016 In December last year, Singapore accepted an accolade from Unesco: It was designated a Creative City of Design. |
2/22/2016 |
Beijing plans ventilation corridors
The Star - February 22 , 2016 Beijing is planning to build a web of ventilation corridors to facilitate air flow and blow away smog and pollutants, municipal authorities said. |
2/22/2016 |
Emerging stocks rise as new regulator spurs China; rupiah climbs
Malay Mail - February 22 , 2016 Emerging-market stocks extended a weekly advance as oil rebounded and investors speculated that the new head of China’s securities regulator will take measures to bolster the world’s second-largest equity market. Indonesia’s rupiah strengthened. |
2/22/2016 |
Taib praises Adenan's policies
The Star - February 22 , 2016 Sarawak Yang di-Pertua Negri Tun Abdul Taib Mahmud publicly praised Chief Minister Tan Sri Adenan Satem for implementing numerous good policies since taking over from him. |
2/22/2016 |
Musa: Vision 2020 failing
The Star - February 22 , 2016 Former Deputy Prime Minister Tun Musa Hitam said Malaysia’s Vision 2020 objective was “falling apart” with “alarming speed”, and he blames Tun Dr Mahathir Mohamad for it. |
2/22/2016 |
Guessing game intensifies
NST - February 22 , 2016 Now that Tan Sri Dr Zeti Akhtar Aziz has reiterated that she will not stay on as Bank Negara Malaysia governor after her contract expires on April 1, the guessing game on who will replace her intensifies. |
2/21/2016 |
UIC full-year net profit falls 35% to $261m
Straits Times - February 21 , 2016 Developer United Industrial Corporation (UIC) posted lower full-year earnings due to a sharp drop in fair value gains on investment properties. Net profit fell 35 per cent to $260.6 million for the 12 months to Dec 31. |
2/21/2016 |
Swiss bank in 1MDB probe may be sold
Straits Times - February 21 , 2016 Brazil's BTG Pactual is in talks to sell its private banking unit BSI to Swiss rival EFG International, which is controlled by Greek billionaire Spiros Latsis. |
2/21/2016 |
Barclays accused of making £346m in ‘sham’ payments to Qataris
FT - February 21 , 2016 Barclays paid Qatari investors a total of £346m in secret and dishonestly characterised payments to secure their participation in the bank’s 2008 emergency fundraising, a £1bn lawsuit brought by another key investor on the deal has alleged. |
2/21/2016 |
Hong Kong’s Honolulu Cafe to open at The CentrePoint in April
Straits Times - February 21 , 2016 London-style roast ducks by two different brands rocked the food scene here last year and this year the competition is for the title of best Hong Kong egg tart. |
2/21/2016 |
Keeping the tourism dollar at home
The Star - February 21 , 2016 CHINESE travellers’ craze for made-in-Japan goods is so pronounced that the phenomenon became a buzzword in Japan last year. Bakugai (meaning “explosive buying”) is the new Japanese term coined to describe the buying sprees of Chinese shoppers. |
2/21/2016 |
Bank Negara must stay independent
The Star - February 21 , 2016 THE business and investment community must be very happy to read the bold and candid statement by outgoing central bank governor Tan Sri Dr Zeti Akhtar Aziz that politicians should not head this important independent institution. |
2/20/2016 |
Donald Trump hits out at Pope in risky gambit
Straits Times - February 20 , 2016 In his most audacious attack yet on a revered public figure, Mr Donald Trump veered into risky political territory on Thursday when he denounced Pope Francis, seeking to galvanise Republicans who worry about border security and appeal to evangelical voters who regard the religious leader as too l... |
2/20/2016 |
Headhunter sues bank linked to 1MDB saga
Straits Times - February 20 , 2016 A legal sidelight has emerged involving key players in Singapore's money laundering probe over 1Malaysia Development Berhad (1MDB). |
2/20/2016 |
Beijing to ban online publishing by foreign firms
Straits Times - February 20 , 2016 China is to ban foreign firms from "online publishing" under new rules issued this week as the country increasingly seeks to minimise Western influence. |
2/20/2016 |
Jokowi unlikely to tie graft-busters' hands
Straits Times - February 20 , 2016 President Joko Widodo will not endorse any legislative changes that dilute the powers of Indonesia's graft-busters, presidential spokesman Johan Budi said yesterday. |
2/19/2016 |
SoftBank to repurchase up to $4.4 billion of own shares in biggest buyback
Reuters - February 19 , 2016 Japanese telecoms conglomerate SoftBank Group (9984.T) on Monday announced its biggest ever buyback in a bid to boost investor confidence, saying it will purchase up to 500 billion yen ($4.4 billion) worth or as much as 14.2 percent of its own shares. |
2/19/2016 |
Yahoo launches auction process as Starboard gears up for fight
Yahoo Finance - February 19 , 2016 Yahoo Inc officially launched the sale of its core business on Friday, a move seen as a positive step for frustrated investors but not enough to keep an activist hedge fund from pursuing a proxy fight against the struggling Internet company. |
2/19/2016 |
Tencent to charge users in China for transferring money from WeChat Wallet to bank accounts
SCMP - February 19 , 2016 New rule to take effect next month but not expected to apply to Hong Kong; pundits wonder whether it will drive users to migrate to rival Alibaba’s Alipay |
2/19/2016 |
Coming soon to Indonesia: a battle over the cinema industry
Coconuts Jakarta - February 19 , 2016 Indonesia's opening of its fiercely protected cinema industry is whetting the appetite of overseas firms such as South Korea's CJ CGV Co Ltd, looking to profit from an increase in the supply of foreign movies to a vast, underdeveloped market. |
2/18/2016 |
Young Saudis stare into bleak future as oil prices drop
Straits Times - February 18 , 2016 In pressed white robes and clutching crisp resumes, young Saudi men packed a massive hall at a university in the capital city this month to wait in long lines to pitch themselves to employers. |
2/18/2016 |
Pope ticks off fan after losing his balance
Straits Times - February 18 , 2016 Pope Francis, who is usually calm and accommodating with his admirers, clearly lost his temper with a person who pulled on him so hard that he fell onto a child in a wheelchair. |
2/18/2016 |
Sembcorp suffers marine losses, Q4 profit plummets 75%
Straits Times - February 18 , 2016 Losses in the offshore and marine business proved a huge drag for conglomerate Sembcorp Industries, as fourth-quarter earnings nose-dived 74.7 per cent. |
2/18/2016 |
CapitaLand's profit dives 40% in fourth quarter to $247.7m
Straits Times - February 18 , 2016 Earnings plunged at CapitaLand in the fourth quarter, due mainly to the absence of fair value gains recorded from the sale of Westgate Tower. |
2/17/2016 |
Who Are We?
The New York Times - February 17 , 2016 I find this election bizarre for many reasons but none more than this: If I were given a blank sheet of paper and told to write down America’s three greatest sources of strength, they would be “a culture of entrepreneurship,” “an ethic of pluralism” and the “qu... |
2/17/2016 |
Fed eyes increased risks for US economy
FT - February 17 , 2016 Many Federal Reserve policymakers saw increased risks facing the US economy as they assessed the market turmoil that has erupted in 2016 amid plunging commodity prices and confusion over China’s currency policies. |
2/17/2016 |
A pact that cannot stop the flow of cheap oil
FT - February 17 , 2016 Saudi-Russia deal does not take account of game-changing shale |
2/17/2016 |
National Front hopes Brexit vote will inspire Frexit campaign
FT - February 17 , 2016 There is at least one group of continental Europeans rubbing their hands with glee as they observe the drama surrounding the UK referendum on EU membership: the leadership of France’s far-right National Front. |
2/17/2016 |
China to increase financial support for industrial upgrade
China Daily - February 17 , 2016 China will increase financial support to its industries as they are being encouraged to transform themselves amid the country's industrial upgrades, an official document said on Tuesday. |
2/17/2016 |
Messaging, Payment Apps Converge
WSJ - February 17 , 2016 When Tencent Holdings’ WeChat messaging app launched its red-envelope service on the Lunar New Year in 2014, it became an instant success. Eight million WeChat users exchanged 40 million cash-attached mobile messages in the form of virtual red envelopes. Its success was such a shock to its ... |
2/17/2016 |
Hanoi Circus Clown Plots Post-Marxist Revolution
WSJ - February 17 , 2016 Hanoi’s prestigious state-run circus, a relic of Vietnam’s Marxist past, has lost a third of its budget and will have no government funding at all by the end of the decade. In charge of figuring out a survival strategy is Ta Duy Anh, a part-time clown. |
2/17/2016 |
China deals collapse amid regulatory fears
FT - February 17 , 2016 China’s flourishing appetite for acquiring overseas companies has been dealt a sharp setback as regulatory fears hindered two potential takeovers and highlighted the obstacles to striking deals with Chinese companies. |
2/17/2016 |
Central banks: Negative thinking
FT - February 17 , 2016 Sub-zero rates are a sign that policymakers are running out of options to invigorate the economy, say critics. |
2/16/2016 |
Apple launches $12bn bond deal to fund share buybacks
City AM - February 16 , 2016 Apple has announced plans to return to sell debt across up to 10 tranches of corporate bonds, worth between $10bn (£7bn) and $12bn. |
2/16/2016 |
Fed's Neel Kashkari: Break Up the Big Banks
Wall Street Journal - February 16 , 2016 The Federal Reserve’s newest bank president, a Republican who served as a top Treasury Department official during the financial crisis, called Tuesday for policy makers to consider breaking up big banks to prevent future government bailouts. |
2/16/2016 |
Xinjiang Region of China Bans Glacier Tourism, Citing Risk to Ecosystem
The New York Times - February 16 , 2016 Glaciologists in China and elsewhere have said for years that climate change is the main cause of glacier erosion, which threatens the water sources of much of humanity. |
2/15/2016 |
Rizal is first M'sian director to produce film in Australia
Malaysiakini - February 15 , 2016 Rizal Halim, the first local director to produce a film in Australia, is optimistic his first masterpiece, 'Lurking Wood' will be a major success at the international level. |
2/15/2016 |
MIT, China’s Ningbo Establish Supply Chain Education Center
Wall Street Journal - February 15 , 2016 Agreement for MIT’s sixth global “innovation institute” comes as China seeks to upgrade logistics services |
2/14/2016 |
Justice Antonin Scalia and the ‘Dead’ Constitution
The New York Times - February 14 , 2016 WHETHER or not you agreed with the man, there is no question that Justice Antonin Scalia changed the United States Supreme Court, the way that the Constitution and laws are interpreted and the image of a Supreme Court justice far more than President Ronald Reagan could ever have foreseen when app... |
2/2/2016 |
Why the world needs a new approach to economic policy
Straits Times - February 2 , 2016 The views from serious commentators range from a hard landing in China, a US recession, and the unwinding of European integration; to the current turbulence being more sentiment-driven than fundamentals-based and that growth - while not stellar - is reasonable and moving in the right direction. |
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2/27/2016 |
Saving our corals
NST - February 27 , 2016 Since 2011, Reef Check Malaysia (RCM), a non-govermental organisation dedicated to the conservation of reefs and creating awareness among local communities about reef preservation, have conducted programmes using the coral transplant method, namely cutting or breaking a piece of living coral and ... |
2/25/2016 |
YTL Corp Registers Half-Year Revenue of RM8.4 Billion (US$2.0 Billion); Profit for the Period Stands at RM772 Million (US$185 Million)
Kuala Lumpur - February 25 , 2016
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's performance remained relatively steady for the first 6 months of the 2016 financial year, particularly in view of the challenging operating condit... |
2/18/2016 |
The Gainsborough Bath Spa named in Travel + Leisure's ''It List'' 2016
Kuala Lumpur - February 18 , 2016 YTL Hotels is proud to announce that The Gainsborough Bath Spa has been included in the Travel + Leisure’s “It List” 2016: The Best New Hotels on the Planet. |
2/17/2016 |
Brand offers 4G postpaid plan with festive feel
The Star - February 17 , 2016 YES, the 4G mobile brand under YTL Communications, is swinging into the Year of the Monkey with its all-new Super 88 Postpaid Plan. Making this festive season even more prosperous, this special plan comes with a free Huddle XS, the 4G mobile hotspot device with the capacity to connect up to five ... |
2/17/2016 |
YTL Corp's dividend story sustainable
The Star - February 17 , 2016 The research house said YTL’s management stressed that even with the additional capex for PT Tanjung Jati Power, the diversified group has stable cashflows from subsidiaries which can support a dividend yield of over 6%. “YTL has largely achieved its optimal group structure,... |
2/15/2016 |
Hamzah takes a ride on the ERL, gives it the thumbs up
NST - February 15 , 2016 "A lot of the passengers find the ERL to be convenient and on time. "My visit today is part of the government's effort to hear the voices of the people from the ground and help resolve issues," said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainudd... |
2/15/2016 |
Better teachers with English@CLiC
The Sun Daily - February 15 , 2016 Teachers from various primary and secondary schools in Sentul here recently attended an English@CLiC pilot program organised by Sentul Raya Sdn Bhd (SRSB) in collaboration with the Ministry of Education and Dewan Bandaraya Kuala Lumpur (DBKL). |
2/14/2016 |
Learning beyond the classroom
The Star - February 14 , 2016 Understanding knowledge and critically applying it, is the way forward for students today. It was the view shared by teachers who were recent winners of the Guru Muda 1Malaysia (GM1M) Frog Virtual Learning Environment Awards. GM1M is a programme between the Education Ministry, YTL Commu... |
2/10/2016 |
Sultans and Prime Minister at YTL's Open House
The Star - February 10 , 2016 The Chinese New Year 'Open House' is a unique Malaysian tradition of welcoming all Malaysians or tourists at our various religious festivals is truly worth preserving. It is a glue that cements the various ethnic races with different religions to live and work together in peace and harmon... |
2/10/2016 |
PM Najib and DPM grace YTL's Open House
Kuala Lumpur - February 10 , 2016 Commenting on this year’s celebration, Tan Sri Francis said, "This unique Malaysian tradition of welcoming all Malaysians or tourists at our various religious festivals is truly worth preserving. It is the glue that cements the various ethnic races with different religions to live and ... |
2/9/2016 |
YTL Corp’s exposure to high speed railway still relevant
The Star - February 9 , 2016 The high speed railway (HSR) linking Kuala Lumpur to Singapore is set to make a comeback in the second half of 2016 and YTL Cop’s exposure is still relevant, says CIMB Equities Research. “The group believes that its HSR proposal is still competitive, as it leverages on... |
2/5/2016 |
HYT launches first stand-alone boutique in the world at YTL’s Starhill Gallery
Kuala Lumpur - February 5 , 2016 Speaking at the launch, Tan Sri (Dr) Francis Yeoh, Managing Director of YTL Corporation said, “Not only are we witnessing the opening of a new boutique in Starhill Gallery, but this is HYT’s first eponymous boutique in the world! “Extreme alchemists, HYT’s Hydro-... |
2/3/2016 |
Telegraph lists YTL's Gainsborough Bath Spa as one of the best hotels for spa breaks in the UK
Telegraph - February 3 , 2016 Spa Village at The Gainsborough Bath Spa, Bath - A savvy Malaysian hotel and spa group has opened an East-meets-West water wonderland in Britain’s most famous spa city. Thermal waters are the draw at The Gainsborough: its Spa Village has thermal pools, powerful massage jets, ice alcoves and... |
2/2/2016 |
Leading the W@Y
Kuala Lumpur - February 2 , 2016 Last year, the YTL Group set out to tackle various issues highlighted in The Sustainable Development Goals, an initiative by the United Nations. The Goals for Sustainable Development or The Global Goals is a 17-point plan to end poverty, halt climate change and fight injustice and inequality. It ... |