THE blend and mix we have in our people in Malaysia is so perfectly unique that it serves our purpose in a great many ways. From food to clothing to places of worship and the rich culture we have sustained makes us truly different, unfathomable and unimaginable by outsiders who have not experienced or seen such an assortment. During Ramadan, it is a month-long festivity seen in pockets where stalls colourfully and bountifully line the streets peddling edibles with queues at some stalls stretching patience but never wearing it thin. It is not surprising anymore that it is not just the Muslims who make a beeline for the stalls. Let’s face it, Malaysians have this fad for food and Ramadan is a reason where we all rush and grab our favourite and some of them make only seasonal appearance complete with the festive embellishments. Not wanting to miss out, I was one of those who did what everyone else did and came home some evenings with a collection to whet the glorious appetite. Right … [Read more...] about Perfectly unique mix of people
Mixing unit operation
Oil futures were mixed on Monday, with U.S. crude edging lower, as investors and traders fretted over global economic growth prospects amid a standoff in Sino-U.S. trade talks. U.S. West Texas Intermediate (WTI) futures were at $61.58 per barrel, down 9 cents, or 0.2% at 0223 GMT, from their previous settlement. WTI closed the last session steady on the day. Meanwhile Brent crude futures were at $70.73 a barrel, up 11 cents, or 0.2%, from their last close. Brent ended the previous session little changed. The trade conflict between the world's top two economies escalated on Friday, with the United States hiking tariffs on $200 billion worth of Chinese goods after President Donald Trump said Beijing "broke the deal" by reneging on earlier commitments made during months of negotiations. The parties appeared at a deadlock over negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its … [Read more...] about Oil prices mixed amid US-China trade impasse
Alphabet Inc's Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals. Shares of Alphabet dropped 7.5 percent after hours, setting them up for the biggest one-day drop since falling 8 percent in October 2012. They had closed Monday at a record-high of $1,296.20. Alphabet Chief Financial Officer Ruth Porat attributed slower revenue growth to currency fluctuations, competition and unspecified product changes. The company is facing continued pressure from advertisers to tighten controls on its fast-growing YouTube video service so that they not appear to be sponsoring adult or offensive content. Google also is struggling to find the right mix of ad formats to use on mobile devices, voice assistant-enabled home speakers and in emerging markets. Eight of the 11 analysts who questioned executives on a call on Monday … [Read more...] about Google parent’s shares dive as YouTube changes, competition hurt revenue
HOUSTON: Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year: even without including two major Houston-area disasters in the last month still under investigation: according to a Reuters analysis of federal data.Federal and state fines of storage-tank operators totaled US$5.2 million as of April, from US$4.1 million for all of 2018 and US$2.5 million in 2017, according to data on federal and state penalties analyzed by Reuters from the U.S. Environmental Protection Agency.U.S. petroleum storage operators have added millions of barrels of capacity since 2015 when the United States lifted a 40-year ban on crude exports.The nation is now shipping as much as 3.6 million barrels per day (bpd) overseas, and cheap natural gas prices have fueled a boom in petrochemical production that also necessitates more storage, particularly on the U.S. Gulf Coast. With that, however, have been more air and water … [Read more...] about US oil-storage industry fines soar on air, water violations
The beautiful, sun-kissed islands of our tourism paradise of the Philippines have the mixed blessings of abundant natural resources, fertile volcanic soil and also lots of natural disasters once in a while, such as earthquakes, volcanoes erupting, typhoons, and others. How can businesses — most especially the numerous micro, small and medium-scale enterprises (SMEs) — be prepared for any natural or manmade disasters? How can small enterprises and professionals survive calamities and accidents? The following is not based just on textbook research or interviews, but I personally suffered a destructive accidental fire in one of my businesses and it was caused by the fire from a next-door neighbor’s business (which had mysteriously been allowed to operate by the fire department without any fire extinguishers, while my staff had to use up to 13 units of 10-kilo and 20-kilo fire extinguishers). Here are suggestions for all of us: Review and be sure to update your … [Read more...] about How can small businesses & professionals prepare for disasters?