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Edited Transcript of AIRPORT.KL earnings conference call or presentation 22-May-20 6:30am GMT

Q1 2020 Malaysia Airports Holdings Bhd Earnings Call
Tags: Business, News, Malaysia

US government seeks to seize $7m Warhol artworks linked to 1MDB scandal

Department of Justice says art and Paris flat linked to accused Malaysian fund fraud mastermind Jho LowThe US Department of Justice has asked an American court to allow it to seize artwork including two Warhol paintings and a Basquiat drawing, as well as an apartment in Paris and millions of dollars held in Swiss bank accounts, as it continues to pursue assets allegedly linked to the multi-billion-dollar looting of Malaysian sovereign wealth fund 1MDB.In documents filed with the US district cour...
Tags: California, US, World news, US news, Asia Pacific, Malaysia, Paris, Department Of Justice, Doj, US Department of Justice, 1MDB, Jho Low Continue

Malaysia’s MIFFest Planning Smaller Real-World Edition (EXCLUSIVE)

The fourth edition of the Malaysia International Film Festival (MIFFest) is set to take place as a real-world event at the end of 2020. But organizers will suspend two award events due to the ongoing coronavirus pandemic. Festival organizers said that two competition events, the MIFFest Short Film Competition and the Malaysia Golden Global Awards […]
Tags: Asia, News, Global, Malaysia, Markets & Festivals, Film Festival, Miffest

What Narendra Modi and Nirmala Sitharaman can learn from the Mughals, the Marathas—and the Maharaja of Mysore—on direct cash transfer to India’s needy

With millions suddenly thrown out of jobs due to closures and shutdowns following the COVID outbreak, or deprived of a source of livelihood, governments across the world have rushed to cushion the blow. The quantum of support has varied but in most developed economies, citizens—workers, self-employed, freelancers—-have been front and centre, as they should be. Japan gave $930 (Rs 70,000) to every one of its 12 crore citizens. Germany paid $5,000 (Rs 300,000) in assistance to freelancers; Ameri...
Tags: Travel, Hong Kong, Japan, UK, Australia, France, Germany, India, Narendra Modi, Amit Shah, Ireland, Malaysia, Italy, Denmark, Union, The Netherlands

Malaysia: Insight Plus - June 2020 - Labuan IBFC Inc

As I write this note, it dawns on me that we have reached the halfway mark of 2020; a challenging year for us all, in one shape or form. A.C. (After COVID)...
Tags: News, Malaysia, Labuan IBFC Inc

Malaysia: Infringing Website List: Turning Off The Taps - SKRINE

Alyshea Low explains the use of infringing website lists to enhance the protection of intellectual property rights.
Tags: News, Malaysia, Skrine, Alyshea Low

Indonesian villagers defy Covid-19 warnings to rescue Rohingya refugees

Governments across south-east Asia are turning away boats but in Aceh locals took matters into their own handsOn Thursday afternoon, residents of Aceh, Indonesia, waded back and forth in water helping Rohingya refugees clamber to safety. Exhausted children were passed between rescuers.On Lancok beach, where survivors gathered, a man knelt with his head on the sand, thankful to be alive. Another embraced a member of the rescue team tightly. Continue reading...
Tags: Asia, Indonesia, World news, Asia Pacific, Malaysia, Rohingya, Aceh, Aceh Indonesia, Coronavirus outbreak, COVID, Lancok

Malaysia can't take any more Rohingya refugees, PM says

Malaysia can no longer take in Rohingya Muslim refugees from Myanmar, Prime Minister Muhyiddin Yassin said on Friday, citing a struggling economy and dwindling resources as a result of the novel coronavirus pandemic. Muslim-majority Malaysia has long been a favoured destination for Rohingya seeking a better life after fleeing a 2017 military-led crackdown in Myanmar and refugee camps in Bangladesh. "We can no longer take more as our resources and capacity are already stretched, compounded by t...
Tags: News, Malaysia, Muslim, Bangladesh, Myanmar, Association of South East Asian Nations ASEAN, Muhyiddin, Muhyiddin Yassin, Rohingya Muslim

Low obiodiese weighing on Malaysia and Indonesia’s biodiesel mandates

In Malaysia, Bernama news agency reports continued low crude oil prices remain a key pressure point for biodiesel blending mandates in both Malaysia and Indonesia who seek to increase energy security and support palm oil producers. Despite lower demand for fuel and biodiesel in particular, the founder and CEO of Sumwin Group said the pandemic saw GHG emissions fall more than 5.5% globally which has shown the world that a new greener economy is possible.
Tags: Indonesia, Oil Prices, Malaysia, Producer News, Biodiesel, Ghg, Malaysia Bernama, Sumwin Group

My Watch Story: A Gatwick Watch Moment, A NOMOS With Special Meaning, A Birthday Video From Malaysia, And More

Five video stories from HODINKEE readers.
Tags: Watches, Malaysia, Gatwick, Hodinkee

Malaysia: Covid-19: Strata SOPs And FAQs Relaxed During RMCO - SKRINE

A series of Frequently Asked Questions (‘RMCO FAQs') by KPKT has since been made available on KPKT's website.
Tags: News, Malaysia, KPKT

Malaysia: High Court: Bitcoins Fall Within Section 73 Of Contracts Act - SKRINE

Section 73 of the CA states that "a person to whom money has been paid, or anything delivered, by mistake or under coercion, must repay or return it".
Tags: News, Malaysia, Skrine

Malaysia: High Court Dismisses Company's Bid To Hold Competing General Meeting - SKRINE

In Safari Alliance Sdn Bhd v Tiger Synergy Berhad (and Another Originating Summons) [2020] 3 AMR 798, the Malaysian High Court dismissed an attempt by a company to hold a general meeting...
Tags: News, Malaysia, AMR, Malaysian High Court, Skrine, Safari Alliance Sdn Bhd, Tiger Synergy Berhad

Malaysia sees improving palm oil trade with India

In Malaysia, the Malay Mail newspaper reports that the national palm oil council believes palm oil trade relations with India are set to improve. India used to be the country’s top palm oil export destination, but it has since fallen to 13th place. India is slowly beginning to lift its COVID-19 lockdown and MPOC believes that doing so will increase demand for palm oil, especially among the hospitality industry. India’s Telegana state is reportedly seeking technology transfer from Malaysia regard...
Tags: India, Malaysia, Producer News, Telegana, Malay Mail, MPOC

Malaysia: Remote Hearings In The Time Of Covid-19 - SKRINE

On 23 April 2020, Malaysians saw for the second time a live broadcast of court proceedings wherein the Court of Appeal live streamed three appeals for the public to view.
Tags: News, Malaysia, Court of appeal, Skrine

Malaysia: High Court Issues Key Judgment For Aviation Service Providers - SKRINE

The recently released written grounds of judgment for this matter has provided welcome clarification on several important issues for providers of aviation services.
Tags: News, Malaysia, Skrine

New ‘Smurfs’ TV Series Heading to Nickelodeon in 2021

The Smurfs are making a comeback. The little blue animated creatures evidently can’t stay out of the limelight for long. A new report says that children’s television network Nickelodeon has licensed the global rights to The Smurfs franchise, and is “planning an original CG-animated Smurfs Nickelodeon series for 2021.” And that’s not all: the world is about to be inundated with Smurf merch. ViacomCBS, Nickelodeon’s parent company, has a consumer products division that will be releasing “a new pr...
Tags: Comedy, Television, Movies, Smurfs, Malaysia, Animation, Nickelodeon, Canada Mexico, Gargamel, The-Smurfs, Peyo, Lafig Belgium, United Kingdom Singapore, William Renaud Casper, Peter Saisselin, Amy Serafin Alvin

The Smurfs Heading to Nickelodeon in New Animated Series

The Smurfs heading to Nickelodeon in new animated series Nickelodeon, the number-one network for kids, and LAFIG Belgium and IMPS, the worldwide licensors for The Smurfs, are partnering to bring a brand-new original CG-animated series based on the iconic property to a new generation of kids and families around the world! RELATED: Nickelodeon Unveils First Look At New Series Ollie’s Pack PB = PB || {}; PB.gptStandAlone = PB.gptStandAlone || {}; PB.gpt...
Tags: TV, Nickelodeon, The Smurfs, TV News, TV Premiere

Indonesia creates 'artificial rain' to prevent repeat of devastating fires

Haze from last year’s fires forced airports and schools to close, and are thought to have cost the economy at least $5.2bnThe Indonesian government is deploying artificial rains ahead of the dry season’s peak as the country attempts to prevent a repeat of the devastating fires that ravaged millions of acres of forests and land last year.Toxic haze was spewed across south-east Asia, forcing the closure of airports and hundreds of schools, and prompting a diplomatic spat with Malaysia in September...
Tags: Asia, Indonesia, Environment, Air Pollution, Asia Pacific, Malaysia, Wildfires

Why Animated Video Is The Way To Go In This Pandemic Era

The world as we know it has irrevocably changed after 31st December 2019. The novel coronavirus (also known as COVID-19) quickly spread throughout the world, infecting almost 7.9 million people, and claiming 435000+ lives so far. There is no vaccine yet. There is no definite cure yet. The only way to manage this disease is by prevention through the practice of social distancing. Due to the highly infectious nature of COVID -19, with an R3 to R5 value at several places (the number of infections ...
Tags: Google, Startups, Video, Youtube, Marketing, Malaysia, Porsche, Sony, Video Marketing, Maybank, Thinking Aloud, Animated Video, Videoly, Maybank Raya, Mayabank, Explainer Videoly

Alternate Universe Sleep Mode Optimus Prime in Package

As it turns out the Alternate Universe Optimus Prime listing that appeared back in February is actually the Sleep Mode Optimus Prime that has been making the rounds online. Thanks to the in Package images by way of 1 Toy Malaysia on facebook we have a look at the packaging for this figure. The box is looking very much like a Generations Selects type of offering with what is said to be a release date of July 15th for a price $49,95 on Amazon also fits the possible SDCC 2020 tie-in that may have b...
Tags: Amazon, Toys, Malaysia, Sleep Mode Optimus

Cheesecake history and styles

America’s taste for cheesecake is evident. If it’s not diner menus across the country making the case, then the more than 200 Cheesecake Factory restaurants from Alabama to Wisconsin, which grew out of a humble cheesecake-only bakery in Los Angeles, give some indication. But cheesecake existed long before Evelyn Overton started peddling the Cheesecake Factory’s namesake dessert in the 1970s. The concept of mixing fresh cheese (cheese that’s neither pressed nor aged) with eggs and flour, then ...
Tags: Travel, Europe, Japan, New York, Sweden, Greece, France, New York City, Alabama, America, Los Angeles, Spain, Chicago, United States, Philippines, Malaysia

Malaysia: Exclusive Interview With Director General, Labuan Financial Services Authority - Labuan IBFC Inc

We understand that there has been growth in the key industries in Labuan IBFC and that the intermediaries or license holders in the jurisdiction have done very well for themselves
Tags: News, Malaysia, Labuan, IBFC

Head of Malaysia's PNB steps down, cites concern for wellbeing of family

Malaysia's largest asset manager Permodalan Nasional Bhd (PNB) has accepted the resignation of its president and group chief executive, effective immediately, it said in a statement on Monday.
Tags: Money, businessNews, Malaysia, PNB, Permodalan Nasional Bhd PNB

Sinch to buy India’s ACL Mobile for $70 million

Sinch said on Monday it has agreed to buy Indian firm ACL Mobile for £56 million (roughly $70 million) in what is the third acquisition deal the Swedish mobile voice and messaging firm has entered into at the height of a global pandemic. The Swedish firm said acquiring ACL Mobile will enable it to leverage the Indian firm’s direct connections with local mobile operators in the world’s second largest internet market as well as in Malaysia, and UAE and expand its end-to-end connectivity without...
Tags: Fundings & Exits, Apps, Asia, India, Funding, US, Tech, Whatsapp, Malaysia, T-mobile, Kuala Lumpur, Deutsche Telekom, Flipkart, Uae, Sap, Makemytrip

Thailand, Malaysia, Vietnam... How some countries kept Covid at bay

As the epidemic took hold in China, many feared for its neighbours. But rapid action and clear messaging have so far contained the virusCoronavirus – latest updatesSee all our coronavirus coverageJust months ago, much of south-east Asia appeared on the brink of a major coronavirus epidemic. The outbreak in the Chinese city of Wuhan had escalated at the worst possible time, ahead of the lunar new year, when Chinese tourists usually flock to hotels and resorts across the region.Thailand was descri...
Tags: Asia, Indonesia, China, Singapore, Thailand, Philippines, Malaysia, Cambodia, Vietnam, Wuhan, Coronavirus outbreak

Coronavirus live news: Beijing back into partial lockdown as new cluster emerges

Dr Anthony Fauci calls Donald Trump rallies a ‘danger’ to health; Australia’s chief medical officers warns against Black Lives Matter rallies Chief nurse dropped from No 10 briefing ‘for not backing CummingsBrazil overtakes UK with world’s second-highest Covid-19 death tollIndia’s agony: ‘I did everything to save my wife and baby’ 11.23am BST The Dalai Lama has said his thoughts are with those suffering in the coronavirus pandemic as he implored humankind to develop “a sense of oneness”. The...
Tags: UK, Science, Tibet, Australia, India, World news, Bbc, Medical Research, Beijing, Infectious Diseases, Malaysia, Buddhism, Donald Trump, Black Lives Matter, Anthony Fauci, Dharamshala

Higher EU blending mandates seen filling gap for COVID-19 demand hit

In Malaysia, The Edge Markets reports that Lipidos Santiga SA said in a webinar organized by the Malaysia Palm Oil Council that EU biodiesel consumption should hold steady this year despite impacts of COVID-19. Trucks and public transport kept up demand for diesel and therefore biodiesel during the peak of the lockdown period implemented to slow the spread of the pandemic. Although overall diesel demand is expected to fall by as much as 20% this year, increased blending due to the Renewable Ener...
Tags: Eu, Malaysia, Producer News, COVID-19, Lipidos Santiga SA, Malaysia Palm Oil Council

Industry body expects third-quarter rise in Malaysian palm oil exports to biggest buyers

Malaysia will export more palm oil to India, China and the European Union, the biggest buyers, in the third quarter after an easing of coronavirus curbs and an export duty exemption, a state agency and industry body forecast on Thursday.
Tags: Money, European Union, businessNews, Malaysia, India China

Malaysia's Sarawak state to pursue sales tax lawsuit against oil firm Petronas

Malaysia's energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported.
Tags: Money, businessNews, Malaysia, Sarawak, Petronas, Bernama