Sultan Nazrin calls for deeper reforms in restoring rule of law
KUALA LUMPUR (Aug 14): The ruler of Perak, Sultan Nazrin Shah, has called for deeper reforms in restoring the rule of law, which he says is not a task that can be undertaken with "small steps, cynical compromises and half-hearted measures".
In his keynote address at the International Malaysia Law Conference today, Sultan Nazrin said it is not sufficient to tackle only the individuals most directly responsible for the breakdown of the rule of law.
Fed Chair Jerome Powell faces a challenge: despite a U.S. unemployment rate close to multi-decade lows, nominal wage improvements have lagged. To continue to hike rates into next year, Powell needs to figure out what’s containing wages, and whether that will limit economy growth.
OPINION: You’ve probably heard the news: Amazon announced a premium smart speaker that’s meant to go head-to-head with Apple’s HomePod and Google Home Max. It’s called the Echo Sub, and it pairs with existing Echo devices to create an impromptu 1.1 or 2.1 sound system. That’s great and all, and I applaud Amazon for dipping its […]
KUALA LUMPUR (Sept 21): The Umno-controlled media group Utusan Melayu (Malaysia) Bhd is offering a voluntary separation scheme (VSS) to more than half of its 1,500 workers as part of its restructuring exercise to reduce overall costs due to the company's financial constraints, according to sources.
theedgemarkets.com has learned that the decision came following a closed-door briefing held between the group's executive chairman Datuk Abd Aziz Sheikh Fadzir and its staff this morning at its headquarters in Jalan Utusan, Off Jalan Chan Sow Lin, here.