Arkib Harian: February 28, 2024

Hold your horses! | The Star

Hold your horses The Star

DISCUSSIONS over the fate of the ringgit resurface every now and then. This time, the local currency depreciated against the US dollar to its 26-year low of RM4.80 on February 20, 2024. A sequence of events had occurred in the past few weeks, impacting the ringgit. They revolved around the …

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Google hit with $2.3 billion lawsuit by Axel Springer, other media groups

Google hit with 23 billion lawsuit by Axel Springer other

BRUSSELS (Reuters) – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. The move by the group which include publishers in Austria, Belgium, Bulgaria, …

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The accidental entrepreneur | The Star

The accidental entrepreneur The Star

DATUK Foong Wei Kuong founded JF Technology Bhd from his kitchen at home in 1999 without an office, employees or customers. It had been a one-man show until he hired his first employee a year or two after setting up an office in 2003. “I was the salesperson, technical person, …

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Strong order book to drive Southern Score earnings

Strong order book to drive Southern Score earnings

KUALA LUMPUR: Southern Score Builders Bhd’s outstanding orderbook stands at just above RM530mil and is expected to underpin its earnings growth, according to executive director and chief executive officer Gan Yee Hin. “Looking forward to the rest of FY2024, we remain on course to deliver the cumulative profit guarantee of …

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Capital A International heads for US listing via SPAC

Capital A International heads for US listing via SPAC

KUALA LUMPUR: Capital A Bhd has finalised an agreement with Aetherium Acquisition Corp, a special purpose acquisition company (SPAC), to list Capital A International (CAPI) in the United States (US) public markets. In a statement today, the company said under the terms of the proposed transaction, CAPI will combine with …

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