Seveno Capital And Borderless Healthcare Group Launch JV To Provide ‘medical wellness service' To Hospitality Owners
The Well Estate will support hotel and hospitality asset owners to shift from a 'room yield' to a 'room plus' business model by providing turnkey medical wellness solutions that give guests live access to health and medical experts as well as famous content creators. Guests will also have access to personalised diets, fitness, yoga, mindfulness and health programs.
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Barnama
32 minutes ago
- Barnama
Agrobank's iTEKAD Empowers Agropreneurs Through MD2 Pineapple Farming
REGION - NORTHERN > NEWS KANGAR, Aug 17 (Bernama) -- Agrobank remains committed to empowering the asnaf (tithe recipients) and B40 groups through the disbursement of iTEKAD grants amounting to RM100,000 to 20 selected agropreneurs for the implementation of the MD2 pineapple planting project in Chuping near Padang Besar yesterday. Agrobank President and Group Chief Executive Officer Datuk Tengku Ahmad Badli Shah Raja Hussin said a total of 20 participants comprising the B40 group and military veterans received a grant of RM5,000 each to support the purchase of additional equipment for cultivating a five-acre plot of land rented from Felda Global Ventures (FGV). 'This project is part of the collaboration between Agrobank and Aqina Fruits Sdn Bhd, which also involves the implementation of pineapple cultivation projects in several other locations, namely in Beaufort and Pekoti. bootstrap slideshow 'For the projects in Chuping and Beaufort, the total allocations are RM6 million each, while the project in Pekoti received the highest allocation of RM12 million,' he said in a statement. Tengku Ahmad Badli Shah said that overall, the collaboration between Agrobank and Aqina Fruits through the contract farming project under the B40 model received a total funding allocation of RM24 million. He said Agrobank, as a development financial institution, provides financing facilities of up to RM280,000 for each participant of the pineapple planting project to cover initial capital. He added that the MD2 pineapple cultivation project is among Agrobank's continuous efforts to strengthen the socio-economic development of the people, particularly among the lower-income group. 'In addition, it also serves to stimulate the growth of the agricultural sector and increase the production of pineapples in the country to meet domestic market needs as well as the export potential abroad,' he said. Meanwhile, through the iTEKAD initiative, several programmes have been introduced such as the MAINJ Micro Entrepreneur Financing Programme, the BERNAS Farm Partner Programme, the Oil Palm Replanting Scheme, as well as the Vessel Modernisation and Catch Mechanisation Programme.
New Straits Times
an hour ago
- New Straits Times
Canada moves to halt strike as hundreds of flights grounded
TORONTO: The Canadian government intervened Saturday to end a strike by Air Canada cabin crew members that saw hundreds of flights cancelled and triggered summer travel chaos for the carrier's 130,000 daily passengers. Canada's largest airline, which flies directly to 180 cities worldwide, had stopped all operations after some 10,000 flight attendants began industrial action fueled by a wage dispute just after midnight on Saturday. Hours later, Canada's labor policy minister, Patty Hajdu, moved to invoke a legal provision that would halt the strike and force both sides into binding arbitration. "This is not a decision that I have taken lightly. The potential for immediate negative impact on Canadians and our economy is simply too great," Hajdu told journalists. However, she said it could still take five to 10 days for Air Canada to resume regular services after the disruption. The airline had earlier urged customers not to go to the airport if they have a ticket for Air Canada or its lower-cost subsidiary Air Canada Rouge. It said flights by Air Canada Express, which are operated by a third party, would not be impacted by the walkout. The Canadian Union of Public Employees (CUPE), which is representing the workers, said its members would remain on strike until the government formally issues an order that they return to work. "Please remember there is only a referral, we are still in a legal position to strike and will continue to do so, we must show the company we are in control of this," the union's Air Canada branch wrote on Facebook. In a separate statement, CUPE slammed the Canadian government's intervention as "rewarding Air Canada's refusal to negotiate fairly by giving them exactly what they wanted." "This sets a terrible precedent," it added. "This will only ensure that the unresolved issues will continue to worsen by kicking them down the road." In addition to wage increases, the union says it wants to address uncompensated ground work, including during the boarding process. Rafael Gomez, who heads the University of Toronto's Center for Industrial Relations, told AFP it is "common practice, even around the world" to compensate flight attendants based on time spent in the air. He said the union had built an effective communication campaign around the issue, creating a public perception of unfairness. An average passenger, not familiar with common industry practice, could think, "'I'm waiting to board the plane and there's a flight attendant helping me, but they're technically not being paid for that work,'" he said, speaking before the strike began. "That's a very good issue to highlight," Gomez said, adding that gains made by Air Canada employees could impact other carriers. Air Canada detailed its latest offer in a Thursday statement, specifying that under the terms, a senior flight attendant would on average make CAN$87,000 (US$65,000) by 2027. CUPE has described Air Canada's offers as "below inflation (and) below market value." The union has also rejected requests from the federal government and Air Canada to resolve outstanding issues through independent arbitration. Canada's economy, though showing resilience, has begun feeling the effects of US President Donald Trump's trade war, with his tariffs hitting crucial sectors like auto, aluminum and steel. In a statement issued before the strike began, the Business Council of Canada warned an Air Canada work stoppage could add further pain. "At a time when Canada is dealing with unprecedented pressures on our critical economic supply chains, the disruption of national air passenger travel and cargo transport services would cause immediate and extensive harm to all Canadians," it said.
The Sun
an hour ago
- The Sun
Digital platforms boost microfinance post-COVID-19, says Yunus
KUALA LUMPUR: The shift to digital platforms has played a crucial role in sustaining and expanding microfinance operations since the COVID-19 pandemic, according to Grameen Bank founder Prof Dr Muhammad Yunus. Yunus, also the Chief Adviser to the Government of Bangladesh, explained that the move to digital was unplanned but necessary due to pandemic restrictions. Traditional in-person loan meetings at Grameen Bank became impossible during lockdowns. 'It was not planned that way. COVID-19 forced us to move online. So, borrowers began using phones and digital transfers for repayments, while weekly group discussions shifted to Zoom,' he told Bernama in an exclusive interview. The interview was conducted by Bernama editor-in-chief Arul Rajoo Durar Raj, alongside editors from the International News Service and Bernama Economic Service. Yunus visited Malaysia from Aug 11 to 13 at the invitation of Prime Minister Datuk Seri Anwar Ibrahim. The digital transition proved so effective that even post-pandemic, borrowers and staff continued using virtual platforms. Yunus shared an example of a Grameen staff member managing loan collections from Norway entirely online. 'It amazed me that everything was done virtually, but still very complete and effective,' he said. Established in 1983, Grameen Bank pioneered collateral-free microcredit, primarily serving women, and now supports over nine million borrowers in Bangladesh. Its digital success is now influencing other microfinance programmes globally. Malaysia adopted the Grameen model early through Amanah Ikhtiar Malaysia (AIM) in 1987, which still aids low-income households. 'It (digitalisation) came to us automatically, imposed by nature and now other programmes in microcredit are adopting what has been done,' Yunus added. - Bernama
