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☆ Mount Ruang: Indonesia volcano eruptions force thousands to evacuate as airlines cancel flights
▼ + stars: | 2024-05-02 | by ( Heather Chen | ) edition.cnn.com time to read: +3 min

Mount Ruang, a 725-meter (2,400-foot) volcano on Ruang Island, North Sulawesi, has been erupting in spectacular fashion on and off since mid-April, posing a growing threat to those living nearby and to air traffic in the region. Nearby schools have also been shut to protect children from volcanic ash, BNPB said. Video Ad Feedback Indonesia's Mount Ruang volcano continues to shoot volcanic ash 02:29 - Source: CNNMount Ruang is a stratovolcano, which are typically conical and relatively steep-sided due to the formation of viscous, sticky lava that does not flow easily. Volcanic ash from Ruang has reached eastern Malaysian airspace, Malaysia’s meteorological department said. Mount Ruang previously erupted in April, disrupting more than 200 flights on April 18 and 19 and affecting tens of thousands of passengers, officials said.

Persons: Mount Ruang, Ruang, Sam, BNPB, ”, Muhammad Helmi Abdullah Organizations: CNN, Reuters, National Disaster Management Authority, International, Met Malaysia, Muhammad Helmi Abdullah Regional, Air Asia, “, Malaysia Airlines Locations: Mount, North Sulawesi, Manado, Ruang, Malaysian, Malaysia, Indonesia, Asia

☆ A millennial living with his parents decided it was time to leave the nest, so he bought and fixed up a crumbling $192,000 house in Malaysia
▼ + stars: | 2024-05-01 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Read previewWhen the pandemic hit Malaysia in 2020, Kenneth Tan realized he needed his own space. Kenneth Tan Kenneth TanAlthough high property prices in major cities have made it difficult for many young Malaysians to buy their own homes, it's unclear what percentage of millennials still live with their parents in Malaysia. Kenneth Tan"I wanted a swimming pool in my place, so I needed a house that had some land. I'm just happier because I picked the one that I wanted," Tan said. "I actually added quite a lot of arches to it because the original house had them.

Persons: —, Kenneth Tan, stepmom, Tan, Kenneth Tan Kenneth Tan, Kenneth Tan Tan, Kenneth Tan Tan's, Kenneth Tan Part Organizations: Service, Business, Research, Malaysian, Petronas, Towers Locations: Malaysia, Airbnb, Kuala Lumpur, It's, Happy, KL

☆ Malaysia might add a casino to boost troubled $100 billion mega-development Forest City
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Malaysia may add a casino to Forest City, a mega-development that has turned into a ghost town. AdvertisementMalaysia's Forest City mega-development started with big ambitions and big money. Now, Malaysia is in talks with several high-profile investors to add a casino to Forest City, people familiar with the matter told Bloomberg on Wednesday. AdvertisementThe southeast nation's Prime Minister Anwar Ibrahim met with the heads of a Malaysian property development firm and a resort company at Forest City last week. Expensive, empty apartmentsA casino — which would only be the second in Malaysia — could help struggling Forest City.

Persons: —, Anwar Ibrahim, Ibrahim Iskandar, King Ibrahim, Anwar, They're, Al Marjan Organizations: Service, City, Bloomberg, nation's, Forest City, Garden, Genting Group, Berjaya Corp, Business, United, United Arab Emirates, Las Vegas, downstate Locations: Malaysia, Forest City, Singapore, Malaysia's, Malaysian, Forest, Genting, Marielle, Johor, United Arab, Al, York City, York

☆ Malaysian Navy Helicopters Collide Midair, Killing All 10 People Aboard
▼ + stars: | 2024-04-23 | by ( Sui-Lee Wee | More About Sui-Lee Wee | ) www.nytimes.com time to read: 1 min

Two Malaysian Navy helicopters collided midair during a training session in the northwestern state of Perak on Tuesday, killing all 10 people on board, at least the second accident involving government aircraft in the Southeast Asian country in as many months. The two helicopters were rehearsing for Saturday’s 90th anniversary celebration of the Royal Malaysian Navy when they crashed into each other at 9:32 a.m., the navy said in a statement. The 10 people on board the two helicopters were all crew and died at the scene, at the naval base in Lumut, the navy said. Videos published by Malaysian news media showed the two helicopters crashing in midair and then various aircraft parts spiraling out of the sky.

Organizations: Malaysian Navy, Royal Malaysian Navy, Malaysian Locations: Perak, Lumut

☆ 2 navy helicopters were seen colliding in midair during a military parade rehearsal, killing 10 people
▼ + stars: | 2024-04-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Two helicopters in Malaysia crashed into each other in midair during a parade rehearsal on Tuesday. AdvertisementAt least 10 people have died after two Malaysian navy helicopters struck each other in midair during a parade rehearsal on Tuesday morning, local authorities said. The Malaysian navy said an investigative board will be set up to identify the cause of the incident. AdvertisementRescuers work on one of the crashed helicopters. AdvertisementThe AW139 typically sits up to four crew, and the Malaysian navy says it inaugurated three of the choppers in 2004.

Persons: —, Bomba Bahagian Korporat, Leonardo AW139, Wolf Organizations: Service, Malaysian, Royal Malaysian Navy, Rescue Department, Malaysia, US Air Force, Air & Space Forces Magazine Locations: Malaysia, Lumut

☆ Malaysia helicopter crash kills 10 navy crew members in Lumut collision
▼ + stars: | 2024-04-22 | by ( Story Reuters | ) edition.cnn.com time to read: 1 min

Kuala Lumpur, Malaysia — Ten people were killed on Tuesday after two helicopters collided in mid-air during a rehearsal for a Royal Malaysian Navy parade, the navy said in a statement. All 10 were crew members aboard the aircraft involved in the accident, which occurred at the Lumut naval base in the western state of Perak at 9:32 a.m. local time, the navy said. “All victims were confirmed dead at the scene and sent to the Lumut army base hospital for identification,” the navy said. This is a breaking news story. More to follow …

Organizations: Royal Malaysian Navy Locations: Kuala Lumpur, Malaysia, Perak

☆ Vietnam wants to take China's place as a new factory of the world — but a $12 billion financial fraud case is getting in the way
▼ + stars: | 2024-04-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case. Lan's fraud case is part of Communist Party Secretary Nguyen Phu Trong's corruption crackdown. Lan, the chairwoman of real-estate developer Van Thinh Phat Group, was arrested in 2022 over the fraud case. AdvertisementThe high-profile fraud case has scandalized the country and is raising questions about the one-party state. For context on the scale of the Vietnam fraud case, consider the 1MDB case, which rocked Malaysia and the world when it started to unravel in 2015.

Persons: Truong, Lan, Communist Party Secretary Nguyen Phu, —, Van Thinh, Zachary Abuza, Trang Bui, Bui Organizations: Communist Party Secretary, Service, Prosecutors, Vietnamese Communist Party, National War College, Washington DC, Bloomberg, Cushman, Nikkei Locations: Vietnam, China, Malaysia, Malaysian, Hanoi, Washington, Wakefield

☆ Scotland’s new hate crime law was meant to protect against prejudice. It ended up sowing further division
▼ + stars: | 2024-04-10 | by ( Amy Cassidy | ) edition.cnn.com time to read: +9 min

Scotland’s Hate Crime and Public Order Act came into force last week, a contentious law that expands existing legislation to include transgender identity as a protected characteristic from hate crimes. In the first week of the law’s enactment, a feminist group, “Let Women Speak,” organized a rally against the legislation in Scotland’s capital on Saturday. Another major concern for those who oppose the Hate Crime Act is the supposed lack of clarity on what type of behavior could constitute an offense under the new law. But 25-year-old Scottish trans student Lucy (who asked not to be identified by her real name due to concerns about continued online abuse), said the new law does not reassure her. Scotland’s proposed reforms would have allowed transgender people to self-identify, without the need for a medical diagnosis or certificate.

Persons: –, – Humza Yousaf, ”, JK Rowling, Elon Musk, Joe Rogan, Jane Barlow, ’, Susan Smith, “, ’ ” Smith, Siobhan Brown, Rowling, Harry Potter, Yousaf, J, Rowling waded, Angela Weiss, ” Vic Valentine, Lucy, Scotland’s, hadn’t, Musk, Ian Miles Cheong Organizations: CNN, ” Scottish, Reuters, Scottish, Women Scotland, Community Safety, Police Scotland, BBC, Getty, Scottish Trans, Public Affairs, Equality Network, Scottish Police Federation, ” Police, Courier, PA Media, Police Locations: Edinburgh, Scotland, United Kingdom, British, Scottish, Malaysian

☆ Ramadan in Malaysia: Raids and fines for those caught breaking fast spotlight growing religious conservatism
▼ + stars: | 2024-04-08 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

In many parts of Malaysia, Muslims caught eating or drinking during daytime hours can find themselves on the wrong side of the law. Those caught eating or drinking during daytime hours face fines of up to 1,000 Malaysian Ringgit (about $200) and prison terms of up to a year. CNN reached out to multiple state religious bodies across Malaysia for comment. Complaints were made to the state religious department, media reports said, and the scandal caused a national stir – drawing scorn from conservative politicians and prompting public apologies from the celebrities. “As long as you look Malay, you must fast during Ramadan – those are the rules,” Yusuf told CNN.

Persons: Rahmad Mariman, ” Mariman, TikTok, ” JAIPK, Hadi Awang, ”, MOHD RASFAN, –, Ameena Siddiqi, Siddiqi, ” Siddiqi, Salahuddin Abdul Aziz, Annice Lyn, Anisah Mahmood, Fadhlina Sidek, “, Haji Ahmad Bin Yahaya, Yusuf, ” Yusuf Organizations: CNN, Malaysian, Islamic Religious Department, JAIM, PAS, Malaysia Islamic Party, AFP, Getty, Annice, Education Locations: Malaysia, Malacca, Perak, Gerik, South, Southeast Asia, AFP, Malaysian, Islam, Kuala Lumpur, Shah Alam, Selangor, London, Malay, Johor

☆ Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions
▼ + stars: | 2024-04-04 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

American chip giant Intel in December 2021 said it will invest more than $7 billion to build a chip packaging and testing factory in Malaysia, with production expected to begin in 2024. Malaysia holds 13% of the global market for chip packaging, assembly and testing services, said the Malaysian Investment Development Authority in a Feb. 18 report. Exports of semiconductor devices and integrated circuits increased by 0.03% to 387.45 billion Malaysian ringgit ($81.4 billion) in 2023, amid global chip demand weakness. Malaysia Semiconductor Industry Association president Datuk Seri Wong Siew Hai said many Chinese firms diversified some of their production to Malaysia, calling the country China's "plus one." In the same month, the world's largest contract chip maker TSMC opened its first Japan factory as it diversifies away from Taiwan amid U.S.-China tensions.

Persons: Faris Hadziq, Kenddrick Chan, Aik Kean Chong, Intel's, Tan, Yinglan Tan, Datuk Seri Wong Siew Hai, Zafrul Aziz, TSMC, Ann Lim Organizations: Getty, Malaysia, LSE, London School of Economics, Political, Semiconductors, Intel, CNBC, Infineon, Ventures Partners, Malaysian Investment Development Authority, Malaysian, Malaysia Semiconductor Industry, U.S ., U.S, China -, Partnership Locations: KUALA LUMPUR, MALAYSIA, Malaysia, Kuala Lumpur, South, East Asia, China, U.S, American, Penang, Another U.S, Singapore, Europe, Kong, GlobalFoundries Singapore, Klang, India, Japan, Taiwan, South Korea, Washington, Asia, China - U.S

☆ CNBC Daily Open: A projection is not a promise
▼ + stars: | 2024-04-03 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineU.S. Federal Reserve officials are dampening rate cut expectations again, and again. In comments echoing those of the Federal Open Market Committee's two weeks ago, San Francisco Fed President Mary Daly said Tuesday she expects cuts this year — but wants to see more convincing evidence that inflation has been subdued. "Three rate cuts is a projection, and a projection is not a promise," Daly said.

Persons: Spencer Platt, Mary Daly, Daly, Loretta Mester, Vishnu Varathan, —, Jeff Cox Organizations: New York Stock Exchange, Getty, CNBC, Federal Reserve, Federal, San Francisco Fed, Cleveland Federal, Malaysian, U.S Locations: New York City, U.S, Asia, Japan

☆ Trader Joe's is accused of ripping off smaller food brands
▼ + stars: | 2024-04-03 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

In return for private labeling her product for Trader Joe's, she was told she would receive a modest finder's fee based on the co-packer's profits—not a percentage of Trader Joe's sales. After sharing samples with the co-packer and sending a counteroffer asking for greater transparency, she never heard back from him or from Trader Joe's. The small brand owners said that Trader Joe's tactics were unlike Costco or other big chains that do private labeling. Trader Joe's did not immediately respond to a request for comment from Business Insider. AdvertisementI love shopping at Trader Joe's not only because it has good prices on staples, but fun new items to try.

Persons: —, Joe's, Joe, Stacy's pita, pita, Tribe, Abraham, packer Organizations: Service, Joe's, Costco, Business Locations: Brooklyn Delhi, California, Zara

☆ Images of Malaysian wild cats you’ve probably never heard of
▼ + stars: | 2024-04-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

It is most famous for its tiger population, but eight other species of wild cats also roam, such as the clouded leopard, the bay cat, and the flat-headed cat. Sebastian Kennerknecht/PantheraThese wild cats are notoriously elusive and, besides the tiger, understudied. Despite this, almost all Malaysia’s cat species are classified as endangered, vulnerable or near threatened, due to habitat loss, poaching and climate change. Roshan Guharajan, project coordinator for Panthera Malaysia, focuses on the Malaysian region of the island of Borneo, which is home to five species of wild cat. By monitoring the different species, Panthera is hoping to gather information on population sizes, range estimates and the threats that they face.

Persons: Sebastian Kennerknecht, Roshan Guharajan, ”, Guharajan Organizations: CNN, Malayan, IUCN, Malaysia, Global Forest Watch Locations: Sabah, Borneo, Malaysian, Malaysian Borneo, Malaysia, Asia

☆ Here's how I prepared for my 15-hour long-haul flight to Hong Kong
▼ + stars: | 2024-03-30 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Before I share how I survived my 15-hour flight, I have to let you in on my personal Q2 challenge: I'm determined to eat less ultra-processed foods. Now the city has reimagined itself as a tourist destination, with a waterpark, an artificial beach, and a golf course. According to one estimate, Americans actually have about four to six hours of leisure time every day. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.

Persons: —, you'll, Let's, Greta Gerwig's, Barbie, Jenny Chang, Rodriguez, Marielle, Marielle Descalsota, Daniel Chaney, Alexa Campbell, Henry Ammann, Alyssa Powell, Beyoncé, Carter, Buckle, Tanner Adell, who's, Javier Zayas, there's, Tyler Le, Ewan McGregor's, Lisa Frankenstein, Zelda Williams, Robin Williams, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Canberra Airport, Getty, Art Basel, BI, Visa, Mastercard —, Mastercard Forest City, Paramount, Netflix Locations: Hong Kong, Australia, Johor, Malaysia's Forest, Forest City, Texas, Moscow, New York

☆ Malaysia Arrests Armed Man Suspected of Being an Israeli Spy
▼ + stars: | 2024-03-29 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia has arrested an armed man at a hotel in Kuala Lumpur, its top police official said, describing the 36-year-old as a suspected Israeli spy. The suspect turned over an Israeli passport upon questioning by police, Razarudin said. Razarudin said police was investigating the possibility that the man could be a member of Israeli intelligence, though the suspect told authorities he had entered Malaysia to hunt down another Israeli citizen due to a family dispute. Police were also investigating how the suspect obtained the weapons, which were purchased in Malaysia and paid for with cryptocurrency, Razarudin said. Malaysia, a majority-Muslim country, is a staunch supporter of the Palestinians and has criticised Israel's actions in the Gaza war.

Persons: Police Razarudin Husain, Razarudin, Anwar Ibrahim, Rozanna Latiff, Himani Sarkar Organizations: Reuters, United Arab Emirates, Police, Malaysia . Police, Authorities, Israel Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Israel, Gaza, Palestinian, Malaysian

☆ Malaysia Open to Extending China-Led Rail Project to Thai Border
▼ + stars: | 2024-03-28 | by ( March | At A.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia's government has said it would consider extending a $10 billion China-led rail project to its border with Thailand to boost economic ties between the Southeast Asian neighbours. Part of China's Belt and Road Initiative, the 665-kilometre (413-mile), 50.27 billion ringgit ($10.63 billion) railway is on track to connect the east and west coasts of peninsular Malaysia by the end of 2026. Malaysia's Transport Minister Anthony Loke said on Wednesday the government was open to proposals to extend the track to the border with Thailand, for further integration into existing railway networks or future infrastructure developments. Thailand also has plans to invest in a massive land bridge project in the country's south to boost growth and global trade. The bridge would bypass the congested Strait of Malacca, a narrow sea lane between Malaysia and Indonesia.

Persons: Anthony Loke, Loke, Danial Azhar, Panu, Kanupriya Kapoor Organizations: Reuters, Initiative, Malaysia's, Malaysia's Senate, Malaysian, China Communications Construction Co Locations: KUALA LUMPUR, China, Thailand, Malaysia, Malacca, Indonesia, Bangkok

☆ China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
▼ + stars: | 2024-03-25 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —Imagine jumping on a train in southwestern China, traveling some 2,000 miles and arriving in Singapore – less than 30 hours later. Southeast Asia is the “obvious” choice because of its “proximity to China,” Bowerman adds. “Beijing, I think, ultimately wants to see Southeast Asian countries within its sphere of geopolitical influence. A staff member waits for passengers to board the Jakarta-Bandung high-speed train during a week-long public trial phase at the Halim station in Jakarta on September 17, 2023. “In the example of a high-speed railway line between Malaysia and Singapore, Singapore would likely have just one stop – Malaysia would have more,” Wong told CNN.

Persons: China’s, Gary Bowerman, ” Bowerman, ”, Pon Souvannaseng, Peerapon Boonyakiat, Bowerman, Pan Wenbo, Pan, Mei Wei, Wei, “ I’m, Xi Jinping’s, Souvannaseng, Hong Kong –, Hong Kong’s, Yasuyoshi Chiba, Wong Muh Rong, ” Wong Organizations: CNN, Initiative, China Railway, Reuters, East Japan Railway Co, Malaysian, Bentley University, of, Communist Party, Laos Railway, Laos Railway cumulatively, Orient Express, Getty Locations: China, Singapore, Asia, Laos, Kunming, Vientiane –, Indonesia, Jakarta, Bandung, West Java, Thailand, Bangkok, Thai, Malaysia, Kuala Lumpur, Southeast Asia, “ China, Peerapon, Cities, Penang, Malacca, Phuket Old Town, Beijing, Vietnam, Philippines, Cambodia, Wat, Siem Reap, ”, Kowloon, Hong Kong, Shanghai, Halim, AFP, “

☆ Malaysia's $100 billion ghost town really wants to draw in tourists. It's not working.
▼ + stars: | 2024-03-25 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +8 min

Forest City, a luxury development in Malaysia, is banking on tourism to shed its ghost town image. AdvertisementWendy Noble lives 15 minutes away from Malaysia's Forest City, across the border in Singapore. Country Garden, the largest developer in China, spent $100 billion building Forest City. "Forest City is able to attract the weekend tourists," Adilah said, referring to tourists like Noble and Nemis. Forest City Golf Resort's lobby, with a miniature figure of the development.

Persons: it's, —, Wendy Noble, Ree Nemis, Noble, Marielle, Nemis, Adilah Zain, Adilah, Sultan Ibrahim, Shawn, Gary, We've, Chandran Organizations: Forest City, Service, Malaysia's, MARA Technological University, Garden, Bloomberg, BI, Forest, Challenge, Hotel Locations: Forest, Malaysia, Malaysia's Forest City, Singapore, Forest City, China, Johor —, Malaysian, Monaco, Challenge Malaysia, Kuala Lumpur

☆ IOI Corp's CEO plans to double its production of organic palm oil
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIOI Corp's CEO plans to double its production of organic palm oilIOI Corp’s CEO, Lee Yeow Chor, explains why the Malaysian palm oil company decided to grow organic palm and shares the outlook for that segment of the business.

Persons: Lee Yeow Chor

COPENHAGEN, Denmark (AP) — Europe’s oldest monarch, King Harald V of Norway, is getting a permanent pacemaker on Tuesday, the palace said, adding that the monarch will followingly remain in hospital for a few days. In a brief statement, the royal household said the 87-year-old would get it at Oslo's university hospital, Rikshospitalet. Last month, Harald fell ill during a private holiday with his wife Queen Sonja on the Malaysian resort island of Langkawi. Harald returned to Norway aboard a medical airplane and was immediately transferred to an Oslo hospital. He ascended to the throne following the death of his father, King Olav, in 1991.

Persons: King Harald V of, followingly, Harald, Queen Sonja, Queen Margrethe II of Denmark, King Olav, Prince Haakan Organizations: — Locations: COPENHAGEN, Denmark, King Harald V of Norway, Malaysian, Langkawi, Norway, Oslo

☆ The world is going to need more and more palm oil, says IOI Corporation's CEO
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world is going to need more and more palm oil, says IOI Corporation's CEOMalaysian palm oil company IOI Corporation’s CEO, Lee Yeow Chor, discusses the controversies the company has faced and how it's addressing criticism that palm oil is "environmentally unfriendly."

Persons: IOI, Lee Yeow Chor

☆ CNBC Daily Open: Conflicting signals on U.S. jobs market
▼ + stars: | 2024-03-11 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China warns property developersChina's housing minister signaled real estate developers must go bankrupt if required and won't get a major bailout. Minister of Housing and Urban-Rural Development Ni Hong also warned that those who "harm the interests of the masses" will be punished. India's 'watershed' FTAIndia signed a 'watershed' $100 billion free trade deal that will remove most tariffs with four non-EU nations.

Persons: Hong, Piyush Goyal, Tony Fernandes, Tasha Keeney Organizations: CNBC, Nikkei, CSI, Nasdaq, Dow, Housing, India, EU, Commerce, Industry, AirAsia Locations: Asia, Japan, China, Malaysian

☆ AirAsia's CEO says he doesn't regret posting his shirtless photo on LinkedIn as he got a lot of publicity from it
▼ + stars: | 2024-03-11 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Tony Fernandes said he posted the topless photo on LinkedIn to show his company's flexible work culture. Fernandes said his PR team doesn't check what he posts on social media. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAirAsia's CEO Tony Fernandes said he doesn't regret posting his shirtless photo on LinkedIn as the viral post garnered him a lot of publicity.

Persons: Tony Fernandes, Fernandes, Elon Musk, — Organizations: LinkedIn, Service, CNBC, Malaysian, Business

☆ CNBC Daily Open: A mixed picture on U.S. jobs growth
▼ + stars: | 2024-03-11 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks retreatWall Street finished Friday's session lower as investors look ahead to key inflation data due out this week. Japan skirts technical recessionJapan avoided a technical recession as revised fourth-quarter data revealed the economy returned to growth. "My famous topless sports massage was all about showing our culture, to be honest, that we had such a flexible culture," the Malaysian businessman told CNBC.

Persons: Tony Fernandes, Tasha Keeney Organizations: Grand Central Market, CNBC, Wall, Nasdaq, Dow, Gross, AirAsia, Pfizer Locations: Los Angeles , California, U.S, Japan, Malaysian

☆ 'Do I regret it? No’: AirAsia’s Tony Fernandes discusses viral topless LinkedIn post
▼ + stars: | 2024-03-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage during a meeting — and that transparency is worth potential controversy. The Malaysian businessman is known for an unfiltered approach to posting on social media. It has a disadvantage, that people will misrepresent and misunderstand Tony Fernandes the persona," he said. But by far the strongest reaction to a social media post by Fernandes came in October, when the businessman shared a photograph of himself shirtless in the office.

Persons: Tony Fernandes, Fernandes Organizations: Milken Institute Asia Summit, AirAsia, CNBC, Singapore Airlines Locations: Singapore, Malaysian, Indonesia

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