Annual tourney draws a global field to Templer Park. The annual McMillan Woods Charity Golf Open again proved a huge success with no less than 162 golfers in the field and more than RM20,000 raised.
News Articles
Leave the media alone
I HAVE been following the proposal by the government to end, or at least restrict, media ownership by people with political links.
Facebook to build US$1bil data centre in Singapore
Facebook will invest over US$1bil to build a data centre in Singapore, its first in Asia, powered by renewable energy and adapted to the city-state’s tropical climate.
DBS CEO says fintech firms need more scrutiny by regulators
Regulators need to increase their scrutiny of non-bank firms that are moving into the financial business, according to the chief executive officer of DBS Group Holdings Ltd, South-East Asia’s largest lender.
HK passes New York as home to the ultra-rich
New York has lost its crown as home to the most ultra-rich people, beaten out by the rising tide of extreme wealth in Asia.
World Bank launches world-first blockchain bond
The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.
Wealth managers getting ‘crazy’ pay hikes to defect
With great wealth comes great remuneration. Competition to manage the money of Asia’s burgeoning army of millionaires has pushed pay hikes for wealth managers to the highest in more than a decade.
London: Emerging market rout is longest since 2008
For stocks, it’s 222 days. For currencies, 155 days. For foreign-currency bonds, 240 days.
UK house-price growth cools to its weakest pace in 5 years
U.K. house-price growth has slowed to the weakest pace in five years, while London values are falling, according to Nationwide Building Society.
Thailand mulls tougher tax rules
Thailand is studying plans to toughen tax collection rules for Internet and technology firms like Alphabet Inc’s Google, the head of the Revenue Department told Reuters, as the tax affairs of these firms comes under growing scrutiny in South-East Asia.
