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UK plans sweeping new powers to stop deals that risk national security
LONDON: Britain will intervene to block takeovers and corporate deals that threaten national security, the government said on Wednesday, publishing details of new laws covering potentially sensitive sectors such as defence and energy.
Shareholders vote down executive pay
SYDNEY: Shareholders of Crown Resorts Ltd voted against executive pay at the company’s AGM, a step toward removing the board, as the Australian casino giant apologised for corporate governance failings.
FEATURE-Illegal logger turns firefighter to defend Indonesia's peatlands
SIAK, Indonesia: Setiono Ono pauses his morning wildfire patrol near the northeastern coast of Sumatra island at a small timber dam between a logged area and an oil palm plantation.
I forgot: Casino billionaire Packer explains share sale slip-up
SYDNEY: Australian billionaire James Packer said he “forgot” his casino firm Crown Resorts Ltd was banned from dealing with associates of Hong Kong’s Stanley Ho when he orchestrated a part-buyout by a firm controlled by Ho’s son.
Thai farmers brave bullets, prison for community land titles
KLONG SAI PATTANA, Thailand: Somruedee Bunthonglek has not repaired the bullet holes in the pickup truck her husband was driving when he survived an assassination attempt barely a year after her father was shot dead on the same communal farm in southern Thailand.
Check if it’s a real estate agent or illegal broker
KUALA LUMPUR: The Malaysian Institute of Estate Agents (MIEA) is concerned about “misrepresentation” in press reports about real estate agents cheating clients, saying that by law, the term “real estate agent” refers to someone who has certain qualifications.
Former Megan chairman jailed 18 months
PETALING JAYA: Former Megan Media Holdings Bhd executive chairman and director Datuk Mohd Adam Che Harun has been jailed 18 months and fined RM300,000 for providing false information to Bursa Malaysia.
Sabah to start collecting 5% sales tax on petroleum products
KOTA KINABALU: The Sabah government is expected to begin collecting the five per cent sales tax on petroleum products on or before May 28 for the April sales, Chief Minister Datuk Seri Mohd Shafie Apdal said.
Don’t bite off more than you can chew
THERE had been suggestions by the Housing Minister to also regulate commercial property development projects via the Housing and Local Government Ministry in addition to its current task of regulating residential property development projects.
Names of victims read aloud at murder trial over doomed flight MH17
AMSTERDAM: Relatives sat listening with bowed heads and eyes closed as the names of all 298 victims of a missile strike on a Malaysian airliner were read out in a Dutch court on Monday as the murder trial of four fugitive defendants began.
