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Corporate News

Pestech unit undertakes Philippines substation works for RM93.71mil

KUALA LUMPUR: Pestech International Bhd's subsidiary Pestech Sdn Bhd has been awarded a contract worth a total sum of RM93.71mil from the National Grid Corporation of the Philippines (NGCP).

Singapore

Embrace jobs and skills mismatch, says Singapore minister

SINGAPORE (ANN): The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore must see this as an opportunity, said Manpower Minister Josephine Teo.

Nation

Court postpones hearing of woman's request for full access to Samy Vellu until his mental health is assessed

IPOH: The hearing for an interim order filed by Meeriam Rosaline Edward Paul to have full access to Tun S. Samy Vellu has been postponed by the High Court here Thursday (Dec 12).

AI

Online lenders enlist AI-driven behavioural analysis in the fight against fraud

A survey conducted by PwC found that in 2018, 49% of respondents said their companies were victims of fraud, up from 36% in 2016.

Nation

Ensure transparency for all medical charges, urge insurance associations

KUALA LUMPUR: Insurance associations are urging the Government to ensure that doctors' consultation fees and all charges for common medical procedures are disclosed to patients upfront.

e-Commerce

Chinese e-commerce platform Xiaohongshu to jump on ‘shoppertainment’ trend with livestreaming

Xiaohongshu will launch live-streaming features early next year to better engage with consumers. Livestreaming is part of the growing “shoppertainment” trend in China’s e-commerce industry, where platforms meld entertainment and shopping.

Nation

Sabah Bersatu throws its weight behind Warisan candidate for Kimanis by-election

KOTA KINABALU: Sabah Parti Pribumi Bersatu Malaysia assures that they will give their full support to ensure the Parti Warisan Sabah candidate wins the soon-to-be-called Kimanis parliamentary by-election.

Cricket

Australia win toss and bat, Boult ruled out by injury

PERTH (Reuters) - Australia captain Tim Paine won the toss and elected to bat in the first test at Perth Stadium on Thursday, backing his in-form batting lineup to expose a New Zealand attack weakened by the absence of spearhead Trent Boult.

Nation

Guan Eng: Malaysia to proceed with criminal charges against Goldman Sachs

PUTRAJAYA: Malaysia will proceed to file criminal charges against the Goldman Sachs Group over the 1Malaysia Development Bhd (1MDB) issue sometime next year, says Lim Guan Eng.

Nation

Bintulu engineer loses RM98k in Macau scam

SIBU: A 28-year-old engineer from Bintulu was fleeced of RM98,250 in a Macau scam after he was duped into believing that it would prevent him from being arrested for money laundering.

Property

Eco World Development, EWI post record earnings in FY19

KUALA LUMPUR: Eco World Development Group Bhd and Eco World International Bhd (EWI) posted record profits in the financial year ended Oct 31, 2019 (FY19).

Markets

Petronas, MISC counters lead rally, ringgit climbs on Fed decision

KUALA LUMPUR: The FBM KLCI maintained a broad-based advance over the morning session on the back of strong gains in Petronas and MISC stocks.

China

Beijing should note Russia's plan for robot soldiers by 2025

BEIJING (ANN): Russia, according to media reports, may establish a unit of robot soldiers by 2025, outlining a vision of artificial intelligence-driven warfare in the future.

Golf

Internationals stun U.S. to lead Presidents Cup 4-1

MELBOURNE (Reuters) - A Presidents Cup rivalry all but buried by decades of American dominance flickered back to life at Royal Melbourne on Thursday, as the unfancied Internationals stormed to a 4-1 lead by routing Tiger Woods' United States in the fourballs matches.

Internet

Meet the US scholar who diagnosed ‘surveillance capitalism’

A year ago, Shoshana Zuboff dropped an intellectual bomb on the technology industry. She hasn’t stood still since.

Wellness

Thick, scaly patches appearing on your skin? It's psoriasis

Psoriasis is a common skin condition that can be triggered by a number of factors, including new medications, if you are genetically predisposed to it.

India

India smarting from onion crisis for second time in three months

NEW DELHI (ANN): Indians are grappling with a crisis involving the production of onions for the second time in three months.

Nation

Mavcom: we were not told about merger with CAAM

PETALING JAYA: The Malaysian Aviation Commission (Mavcom) has said that it was not consulted on the government's decision to merge it with the Civil Aviation Authority of Malaysia (CAAM).

YouTube

Chinese state media joins rural life blogger Li Ziqi’s millions of followers

YouTube star from Sichuan whose videos pull in tens of millions of hits does better job of promoting China than Confucius Institute, fans say. CCTV says Li does not need translator to get Chinese story across to international audience.

Rugby

Australia confirm Wisemantel as Wallabies attack coach

SYDNEY (Reuters) - Scott Wisemantel was confirmed as the new attack Wallabies attack coach under head coach Dave Rennie on Thursday when Rugby Australia announced three new appointments.