Incoming Intel Corp chief executive officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about US$69 million (RM306.71 million) if he reaches targets over the coming years.

Intel’s new CEO gets pay package valued at about US$69m

KUALA LUMPUR (March 13): The Ministry of Human Resources (Kesuma) will work to ensure the Gig Workers Bill is passed and enforced as soon as possible, to make it mandatory for gig workers to contribute to the Social Security Organisation (Socso).

Sim: Gig Workers Bill aims to make Socso contribution mandatory

South Korean lawmakers voted to expand corporate boards’ fiduciary duty standard, a landmark move that may spur changes at large family-controlled businesses that dominate the market.

South Korea takes step to make chaebols answer to investors

Anheuser-Busch InBev on Thursday denied a report that thousands of job cuts were planned this year at its Asia-Pacific unit Budweiser Brewing Co Apac Ltd.

Budweiser Apac not cutting thousands of jobs, AB InBev says

Sephora chief executive officer Guillaume Motte has taken personal charge of its operations in China, the latest management shift at the LVMH-owned cosmetics retailer as it struggles to win over consumers in the world’s second-largest economy.

LVMH’s Sephora overhauls Asia leadership after setback in China 

Canadian convenience store and gas station operator Alimentation Couche-Tard Inc said it won’t go hostile in its attempt to acquire long-time rival Seven & i Holdings Co.

Couche-Tard rules out hostile takeover on Japan’s Seven & i

HSBC Holdings Plc is placing some of its investment bankers on short-term retention agreements as it winds down various businesses in a broad overhaul led by new chief executive officer Georges Elhedery, according to people familiar with the matter.

HSBC places some bankers on short-term retention amid overhaul

(March 13): DHL Group will look to hire workers in locations such as Malaysia if US President Donald Trump removes a tax exemption for lower-value shipments, DHL Express chief executive officer John Pearson said.

The logistics industry was whipsawed in February by an executive order tha...

DHL to hire hundreds in Malaysia if shipping loophole nixed

(March 13): Intel Corp named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry.

Intel names Malaysian-born chip industry veteran Lip-Bu Tan as its next CEO

The boardroom-family saga at City Developments Ltd (CDL) has seemingly come to an end, with executive chairman Kwek Leng Beng discontinuing legal actions launched against a faction of board directors led by his son, group CEO Sherman Kwek.

CDL directors put stop to legal action, executive chairman Kwek Leng Beng and son Sherman Kwek to retain posts

Top UK regulators abandoned proposals to boost diversity across financial firms as they lean into the Labour government’s attempts to stoke economic growth by cutting red tape.

UK watchdogs abandon diversity work after backlash from bankers

The percentage of women in top leadership positions has decreased, according to the latest Grant Thornton Women in Business Report.

Women in senior management positions on the decline in Malaysia — report

Scientex Bhd (KL:SCIENTX), which reported a 12.1% drop in net profit for the second quarter ended Jan 31, 2025, Wednesday announced that its major shareholder Lim Peng Cheong will replace Tan Sri Datuk Mohd Sheriff Mohd Kassim, who is retiring, as non-executive chairman of the company.

Scientex posts 12.1% drop in 2Q net profit, announces change in chairman

WILMINGTON, Delaware, US (March 11): Elon Musk kicked off his appeal to try to restore his US$56 billion (RM248.23 billion) payday from Tesla on Tuesday, claiming a lower court judge made multiple legal errors in rescinding the record compensation.

Musk launches appeal to restore US$56b Tesla payday

A total of 112 online fraud cases, resulting in losses of approximately RM1.03 million, were reported in Melaka between Jan 1 and March 13 this year.

RM1.03m lost to online scams in Melaka year-to-date — exco

The Home Ministry, through the Immigration Department, is in the process of extending the Migrant Repatriation Programme, which is set to conclude on March 31.

Home Ministry to extend migrant repatriation initiative

The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

Trump administration weighs travel ban on dozens of countries, memo says

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

...

Unconventional Economic Wisdom: Europe’s Powerful Tool Against Russia

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

New Canadian PM Carney says there’s progress in US trade talks

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

Vance tells NBC ‘high-level’ TikTok deal expected by April deadline

EDGE WEEKLY: Dispelling aspersons surrounding EPF’s 6.3% dividend for 2024

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine, even as President Vladimir Putin appeared to reject US calls for immediate halt to the violence.

Trump optimistic about Ukraine ceasefire even as Putin balks

The Senate passed a Republican spending plan on Friday, averting a US government shutdown hours before a midnight deadline while exacerbating a furious struggle within the Democratic party over how to confront President Donald Trump.

US averts govt shutdown as Senate passes GOP spending bill

Apple Inc’s top executive overseeing its Siri virtual assistant told staff that delays to key features had been ugly and embarrassing, and a decision to publicly promote the technology before it was ready made matters worse.

Apple’s Siri chief calls AI delays ugly and embarrassing, promises fixes

Ailing oil and gas player&nbsp;Sapura Energy Bhd (KL:SAPNRG) has been in the news over the past week, but none of the flashes seem to paint a rosy picture of the company.

Rescue mission for Sapura Energy

Incoming Intel Corp chief executive officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about US$69 million (RM306.71 million)&nbsp;if he reaches targets over the coming years.&nbsp;

Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Prime Minister Datuk Seri Anwar Ibrahim.

Trade wars, tariffs and sanctions weaponised in broader struggle for dominance, says Anwar

US&nbsp;equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high, with investors still showing some signs of anxiety about the economic impact of tariffs.

Stocks rebound after S&P 500 correction; safe-haven gold touches record

Apple Inc’s top executive overseeing its Siri virtual assistant told staff that delays to key features had been ugly and embarrassing, and a decision to publicly promote the technology before it was ready made matters worse.

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine, even as President Vladimir Putin appeared to reject US calls for immediate halt to the violence.

The&nbsp;Trump&nbsp;administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

The Senate passed a Republican spending plan on Friday, averting a US government shutdown hours before a midnight deadline while exacerbating a furious struggle within the Democratic party over how to confront President Donald Trump.&nbsp;

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

...

The Home Ministry, through the Immigration Department, is in the process of extending the Migrant Repatriation Programme, which is set to conclude on March 31.

Management

‌
‌

Management

‌‌

‌
‌