Petronas 2Q'16 net income decreased 96% y.o.y to RM348 million on the back of impairment losses amounting to RM7 billion from its Gladstone LNG Project. Although cost-cutting measures by the group are beginning to yield results on its operating cashflows, this might be counterbalanced by a dividend payout target of RM16b. Kong Ho Meng of UOB Kay Hian expects poor earnings visibility for the 2H'16 as Petronas remains selective on award of new contracts. Bumi Armada is the top pick.
When kidney failure is diagnosed, you could have a range of emotional responses -- disbelief, fear, anger, all of the above. It is completely normal to be worried about what the diagnosis will mean to you or your loved one, and the changes that will occur in the body and to your lifestyle. But here to help us have some idea of what to expect is the President of the Malaysian Society of Nephrology and Senior Consultant Nephrologist, Prof Dr Goh Bak Leong.
Introducing an all new show on Bookmark. On Authored, Umapagan Ampikaipakan has conversations with writers that are built around specific themes. This season, he speaks to them about their firsts… their first literary loves… their first characters… about that first time they knew they were going to be published. This week, Kevin Kwan tells Uma about the first real life "crazy rich Asian" he ever met and how it inspired his bestselling work.
The Morning Run team debate the advantages and disadvantages of active and passive investment strategies. Listen to the podcast to learn more about ‘Flowmageddon’, the phenomenon of massive money flowing out of ‘active’ funds to ‘passive' funds.
The Hyperloop is a concept for a transportation system that aims to be the most efficient in the world. The idea was proposed by Elon Musk in 2013, and engineers and technologists have since embarked on the challenge to build the futuristic train. We speak to Bibop Gresta, Chairman and Co-founder of Hyperloop Transportation Technologies, to find out the latest updates in Hyperloop research.
We understand so little about what prompts disgust, yet we absolutely know it when we see it. Bee Wilson’s article This Article Will Make You Want to Wash Your Hands makes a strong argument for disgust being employed in the name of public health. If you knew that there was faecal bacteria on your hands after using the toilet, would you be more inclined to wash your hands? And how do you prevent disgust from backfiring - making obesity disgusting, but not the obese? Paul Rozin, a psychologist cited in the article, who’s done extensive work in the field of disgust, weighs in.