22 July 2019
Architecture
Argentine architect of iconic Petronas Twin Towers dies at 92
Autos
Perodua’s production ramp-up likely to benefit UMW, MBM Resources
Aviation
Malaysia Airports able to fund expansion of Penang International Airport on its own
Other than Long-Term Business Plan, what else can Malaysia Airlines do to revive golden years?
Khazanah Nasional should be allowed to cast net wide if stake in MAS is to be divested
AirAsia wants to appeal against HC ruling on passenger service charges
Capital markets
Listed companies must put anti-corruption measures in place
Dispute resolution
LHAG partner appointed to AIAC Advisory Council
[Dato’ Nitin Nadkarni heads the Energy, Infrastructure & Projects, and International Arbitration Practice at LHAG]
Energy
Lawyer named chairman of Sustainable Energy Development Authority
Islamic capital markets
UK keen to deepen trade ties with Malaysia
Bright Focus, operator of 26km Maju Expressway, plans Sukuk-to-Sukuk swap
Manufacturing
Prestar Resources MD discusses plans to list subsidiary on ACE Market next month
Oil and gas
T7 Global clinches three contracts worth total of RM100 million
Pharmaceuticals
Adventa disposes of Electron Beam despite being sole profit contributor for past three years
Plantations
Orang Asli families worried about how durian plantations are encroaching on their land
Property
Suit to recover over RM6 million in relation to Air Itam land moved to Penang High Court
Retail
Industry achieves better-than-expected growth rate of 3.8% in retail sales for Q1
Dairy Farm has shut down six Giant and Cold Storage outlets; ‘more closures expected’
Technology
Tort
Landmark ruling concerning private security companies and responsibility for workers
ASIA
Legal services
Deloitte, EY, KPMG and PwC may soon be allowed to practise law in India
Technology
Trading starts on China’s new Nasdaq-style board
AUSTRALIA
Employment
Three elements to genuine redundancy
Former rugby star’s court battle ‘test case’ between rights of employers and employees
Private-sector whistleblowers now have greater protection than public-sector counterparts
Mergers and acquisitions
AB Inbev sells Australian business to Japanese rival Asahi
Carlton & United still No 1 brewer, Asahi unlikely to sell it back to company
Real estate
Two-bedroom house in Brisbane’s south sells for A$720k in three-minute auction
EUROPE
Autos
Renault, Nissan must reinvigorate alliance and share cost of shift to electric, autonomous cars
Financial markets
EU could repeal equivalence for credit rating agencies in Australia, Brazil, Singapore and Argentina
SINGAPORE
Aviation
Changi, a juicy location for retailers, faces stiff competition from other regional hubs
Family law
Lawyer confirms Sultan of Kelantan’s split from former Russian beauty queen
Technology
Outright ban on drones neither feasible nor ideal
UK
Legal services
Prominent London firm Mishcon de Reya contemplating stock market listing
Oil and gas
Amerisur Resources receives non-binding proposal, other offers for assets
Retail
Ted Baker founder prepared to throw significant shareholding behind buyout
US
Autos
US$60k 2020 Chevrolet Corvette still might not be enough to attract BMW and Porsche drivers
Data protection
Equifax nears deal to settle data breach probes with US regulators and states
Entertainment
Avengers: Endgame passes Avatar to become biggest film of all time
Real estate
Questions linger about whether WeWork’s business model is sustainable