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
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
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