KUALA LUMPUR: The ringgit opened lower against the US dollar in early session today as investors stayed on the sidelines for firmer policies by the government to face global economic headwinds. At 9am, the local note opened at 4.1670/1700 compared with 4.1620/1670 against the greenback. A dealer said analysts had predicted that the first quarter (Q1) GDP figures to be announced on Thursday would show a slowdown, with the unemployment rate reaching the highest since January 2017. Maybank IB research in a note today said, the jobless rate in March 2019 increased marginally to 3.4% after staying at 3.3% for six consecutive months up to Feb 2019, despite employment growth matching labour force growth “Both employment and labour force grew +2.1% year-on-year (y-o-y) in March 2019 to 15.0 million and 15.6 million respectively, maintaining the pace in February 2019, while the number of unemployed increased by +2.5% y-o-y to 521,300 in March 2019 compared with +1.6% y-o-y in February, in … [Read more...] about Ringgit opens lower against US dollar at opening
Million dollar listing sf
List of local candidates 2019: Marikina City
List of local candidates 2019: Marikina City Rosette Adel (Philstar.com) - May 7, 2019 - 5:44pm MANILA, Philippines —The poll body issued a list of candidates vying for the local posts in the city of Marikina. This year, incumbent mayor Marcy Teodoro is running for the mayoral post anew. He runs unopposed. Marikina had a population of 450,741in 2015. Here's a list of the candidates running in Marikina City: Member of the House of Representatives – Marikina City – First district Name to appear on the ballot CADIZ, DOC CADIZ (LP) FERNANDO, BAYANI (NPC) Member of the House of Representatives – Marikina City– Second district Name to appear on the ballot Mayor - Marikina City Name to appear on the ballot Vice-Mayor - Marikina City Name to appear on the ballot AGUIRRE, EVA (IND) ANDRES, DOC MARION (NPC) SABINIANO, VIC Councilor - Marikina City First District Name to appear on … [Read more...] about List of local candidates 2019: Marikina City
Saudis dish out millions in Yemen aid amid global criticism
MIDI, Yemen: Standing amid the bullet-pocked ruins of a once rebel-controlled Yemeni district, Saudi officials unveil their latest multi-million dollar aid projects, seeking to blunt global criticism over a worsening humanitarian crisis. While leading a military coalition since 2015 against Iran-aligned Huthi rebels, Saudi Arabia is also ramping up aid projects across its southern neighbour - from schools to greenhouses and desalination plants - amid international pressure to end the conflict. The coalition’s bombing campaign is blamed widely for pushing Yemen into what the UN calls the world’s worst humanitarian crisis, with thousands of Yemenis killed and millions struggling to feed themselves. But pursuing development projects in tandem with war is a strategy that Saudi officials say is aimed at cultivating local goodwill while making Yemenis self-reliant in a moribund economy, even as activists question their effectiveness. Last month, officials from the Saudi … [Read more...] about Saudis dish out millions in Yemen aid amid global criticism
The NDP says Ottawa needs to cancel its $12-million award to retrofit Loblaw fridges
/https://www.thestar.com/content/dam/thestar/politics/federal/2019/04/29/the-ndp-says-ottawa-needs-to-cancel-its-12-million-award-to-retrofit-loblaw-fridges/loblaws.jpg)
By Alex Ballingall Ottawa Bureau Mon., April 29, 2019 OTTAWA—The NDP is demanding the federal government cancel its $12-million award to help the Loblaw grocery empire upgrade its fridges, as the leftist party attempts to paint the Trudeau Liberals as a band of corporate sellouts. The call was included in the NDP’s opposition motion in the House of Commons Monday, which posits that “corporate executives and their lobbyists” have too much influence with the Liberals in power. The motion accuses the Trudeau government of “encouraging attempts” to undermine the rule of law on behalf of Montreal-based engineering giant SNC-Lavalin, failing to close tax loopholes, and continuing to provide billions of dollars in subsidies to oil and gas companies. NDP MP Daniel Blaikie said Canadians are “rightly angry” about the alleged sway of big business over Liberal decisions, which he called “the elephant in Ottawa.” … [Read more...] about The NDP says Ottawa needs to cancel its $12-million award to retrofit Loblaw fridges
Columbia Care listing shows Canada’s pot exchange has some competition
/https://www.thestar.com/content/dam/thestar/business/2019/04/29/columbia-care-listing-shows-canadas-pot-exchange-has-some-competition/cannabis.jpg)
By Kristine Owram Bloomberg Mon., April 29, 2019 Another billion-dollar (U.S.) cannabis company has gone public in Canada, but this one is trading on a little-known bourse that’s beginning to compete with the pot-dominated Canadian Securities Exchange. Columbia Care Inc., which has operations in 14 U.S. states and territories plus Malta, began trading Monday on Toronto’s NEO Exchange under the symbol CCHW. The company listed via an acquisition by Canaccord Genuity Growth Corp., a special purpose acquisition company, or SPAC, with a valuation of about $1.4 billion. The NEO Exchange, which to date has largely been a listing hub for exchange-traded funds and SPACs, has also attracted some small cannabis companies including Halo Labs Inc. and Maple Leaf Green World Inc. Columbia Care will eclipse these in size, joining major U.S.-focused, CSE-listed pot companies like Curaleaf Holdings Inc., Harvest Health & Recreation Inc. and Cresco Labs Inc. in the … [Read more...] about Columbia Care listing shows Canada’s pot exchange has some competition