LHAG Advocates And Solicitors LHAG Advocates And Solicitors

Daily News

23 May 2019

Aviation

Malaysia-Japan airline tie-up, first of its kind under Mavcom Act, undergoing public consultation

Reopening of Pangkor Airport in October expected to boost tourism and business

Earnings

Pos Malaysia’s poor showing attributed to widening losses in mail segment, impairment charges

UMW’s revenue climbs on stronger contributions from core business segments

Environment

Malaysia sending back waste to country of origin

Investment

EquitiesTracker CEO shares reasons for listing on LEAP Market, plans to modernise

Oil and gas

Asian Oil, Gas & Petrochemical Engineering Exhibition returns next month

Dayang Enterprise had good start to 2019

Barakah Offshore Petroleum now a PN17 company after payment defaults to Exim Bank

Velesto Energy in the red

Property

Only courts can decide whether Taman Rimba Kiara project in KL illegal or otherwise

Inter Heritage’s 33-storey building in Jalan Sultan Ismail, KL put up for sale

Tax

Budget hotels call for review of tax policies to help cope with competition against Airbnb

Technology

Trade diversion that will arise from Huawei’s ban in US may benefit domestic players here

Tourism

UNESCO world heritage site George Town could become victim of own success

ASIA

Retail

China increasingly important for Japan’s AEON

Technology

Owners of Huawei phones could be cut off from Android OS updates starting August

Japan’s Panasonic halts business to comply with US restrictions

AUSTRALIA

Consumer goods

World’s largest dairy producer Fonterra closing more than 100-year-old facility

Employment

Worker sacked for not giving fingerprints as part of new work sign-in wins landmark case

Property

Top surgeon forced to sell A$2 million Point Piper home after defaulting on mortgage

Sarawak Economic Development Corporation acquires Carmor Plains for A$20 million

Retail

Reject Shop CEO leaving; merchandising and operational changes had fallen short

EUROPE

Autos

Daimler CEO ‘Dr Z’ steps down

Data protection

Ireland looking into Google’s processing of personal data through online Ad Exchange

Retail

Swedish furniture chain IKEA’s first store in Mexico opens next year

GLOBAL

Health

Welding fumes ‘carcinogenic’ to humans

Sport

FIFA sticks with 32 countries at Qatar’s 2022 World Cup

SINGAPORE

Data protection

Commission seeks views on proposed rules governing how businesses share and use personal data

Technology

MyRent helps Singaporeans monetise belongings by renting them out

SOUTH AMERICA

Health

Brazil sues British American Tobacco, Philip Morris and subsidiaries in landmark case

Technology

Ride-hailing app Uber investing US$40 million in Bogota

UK

Accountancy

KPMG, accused of ‘truly exceptional’ misconduct, faces record £13 million fine

Autos

Aston Martin’s special edition DBS Superleggera will set you back £300k

Insolvency

Celebrity chef’s restaurant chain goes into administration

Troubled British Steel ordered into compulsory liquidation; 25,000 jobs at risk

Steel industry leaner, more advanced than ever before and yet it is still struggling

Retail

High Street stalwart Marks & Spencer unveils 10% drop in annual profits

Brazil’s Natura buying UK-based Avon Products

Technology

Huawei’s chipmaking ambitions at risk after ARM cuts ties

US

Antitrust

Chip-making giant Qualcomm’s patent-licensing practices violated law

DoJ staff recommend lawsuit to block T-Mobile’s US$26 billion acquisition of Sprint

Guidance from Washington all over the place

Energy

Saudi Aramco inks 20-year agreement to purchase LNG from San Diego-based Sempra Energy

Retail

Department stores need reinvention

Travel

World’s first guitar-shaped hotel opens October in Florida