Latest news with #MFC
IOL News
6 days ago
- Sport
- IOL News
Three players who can propel PSL newbies Orbit College into Premiership stratosphere
Letsie Koapeng (left) runs to celebrate with Orbit College coach Pogiso Makhoye after scoring against Cape Town City during the PSL promotion/relegation play-offs last month. Photo: BackpagePix Image: BackpagePix Newcomers Orbit College have done the hard yards to secure their place in the top flight via the PSL promotion-relegation playoffs. As they brace for the challenge ahead, they do so with the advantage of arriving without the burden of heavy expectations. The North West-based outfit will embark on their maiden Premiership season with a tricky away fixture against AmaZulu next Saturday. While few expect them to upset the establishment, it's precisely that lack of pressure that could make them dangerous. They proved that point during their impressive Motsepe Foundation Championship (MFC) campaign and in the playoffs against Cape Town Spurs and Casric Stars. The World Cup-hosting city of Rustenburg will also welcome top-flight football for the first time in nearly a decade. With Olympia Park Stadium selected as Orbit's home base, visiting teams might find it tough to adapt to what is a relatively modest, but potentially hostile venue. With more questions than answers heading into the season, here are three players who could be key to helping Orbit stay in the top flight: Monnapule Saleng The Orlando Pirates loanee has been one of the most talked-about players since mid-last season and throughout the off-season, as he slipped down the pecking order at his parent club. Saleng is widely regarded as one of the most talented wingers in the country. He had a strong run with the Buccaneers, but after limited game time in their 2024/25 campaign, his form and rhythm may have taken a hit. For Orbit, he represents a potential game-changer — if he can rediscover his confidence and sharpness. While his talent is undeniable, it would be premature to assume he will single-handedly carry the team. The weight of expectation from fans — and from within himself — could be a factor. But even if things don't go perfectly on the pitch, his experience and pedigree make him a valuable addition. His presence alone will lift the quality around him. Sekhoane Moerane The goalkeeper was instrumental in Orbit's playoff success, producing key saves at crucial moments and going through the mini-tournament without conceding a single goal. The Lesotho international will be vital heading into the season — not only as the last line of defence, but also as a player who brings composure and international experience. He will likely play a leading role in helping the team navigate tight games and difficult moments throughout the campaign. Gomolemo Khoto The dynamic midfielder played a major role in both Orbit's strong Motsepe Foundation Championship run and their playoff triumph. His pace and vision in attacking transitions were standout features in the team's campaign, where they finished second — just five points behind Durban City. Khoto enters the new season with confidence, having delivered the crucial assist that allowed Letsie Koapeng to score the match-winning goal against Cape Town Spurs in the playoffs, securing a vital 1-0 win. This season presents the perfect opportunity for him to showcase his full skill set on the biggest domestic stage.
New Straits Times
02-08-2025
- Business
- New Straits Times
Exporters glad to remain competitive
KUALA LUMPUR: The United States' decision to reduce tariffs on Malaysian goods to 19 per cent has been welcomed by industry leaders and business groups as a timely move that could enhance the country's competitiveness in global trade. The Malaysian Furniture Council (MFC), Federation of Malaysian Manufacturers (FMM) and various export-focused companies said the adjustment, though modest, helps Malaysia better align with regional peers and navigate the challenges of an increasingly cost-sensitive global economy. Furniture exporters see strategic realignment Malaysian Furniture Council president Desmond Tan said the tariff reduction brings Malaysia's treatment more in line with that of neighbouring Asean nations, helping preserve its relevance within the regional supply chain. "Hopefully these latest tariffs can reduce uncertainty. However, exporters will still need to adapt to a higher-cost trade environment and continued support from the government remains valuable," he told Business Times. On whether the impact will be felt by Malaysian exporters, Tan noted that US importers typically pass some or all of the tariff costs to end consumers or back to exporters through pricing negotiations. "In the near term, we do not anticipate a significant spike in export volumes as a result of the tariff cut. However, our members are using this window to consolidate operations, strengthen relationships, and prepare for any future shifts in demand," he said. Small reduction, big impact FMM president Tan Sri Soh Thian Lai said the six-point cut, while appearing small on paper, holds significance for sectors operating on tight margins or within highly competitive global supply chains. "The tariff cut enhances the cost competitiveness of Malaysian-manufactured goods in the US market and reflects improved bilateral trade relations," he added. Soh said the reduction enhances the overall cost competitiveness of Malaysian-manufactured goods in the US market and serves as an important signal of improved bilateral trade relations. While some may argue that the impact on Malaysian exporters could be limited because US importers bear the tariff cost, he said FMM believes that the burden of tariffs is often shared across the supply chain. "Therefore, a reduction in tariffs benefits not only Malaysian exporters but also US importers. "It improves the overall cost equation and can stimulate demand for Malaysian goods, especially in sectors where price plays a crucial role in purchasing decisions," he said. Palm oil and energy exporters take long-term view Pacific Inter-Link Sdn Bhd (PIL) chairman and group chief executive officer Datuk Fouad Hayel Saeed Anam called the tariff reduction a positive signal. He noted that the direct impact may be limited in the near term as the company's growth strategy is more focused on Latin America, Middle East, West Africa and Central Asia. "However, for the broader industry, especially palm oil exporters targeting the US market, this tariff cut improves price competitiveness and could open up opportunities for processed and specialty products," he said. He also urged the government to intensify efforts to open up new markets and support sustainability and environmental, social and governance (ESG) compliance to build long-term export resilience. Opens door for bio-based exports and SME growth For Glide Technology Sdn Bhd, which specialises in sustainable transformer oils and advanced lubricants, the tariff cut presents immediate commercial potential. "We see this as a strategic validation of Malaysian-made products. It enables us to fast-track exports of our MPOB-Glide Palm Oil-Ester Transformer Oil and other bio-based fluids to the US market," said its president and founder Datuk Muhazli Muhamad. Muhazli added that the tariff reduction may encourage more local small and medium enterprises to explore the US as a viable market. To support long-term growth, he proposed four key enablers including expanded trade financing, tax incentives for ESG-compliant manufacturing, sector-focused trade missions and improved logistics infrastructure. "Malaysia stands at an inflection point. With the right structural enablers, we can move up the global value chain not just as participants, but as leaders," he said.
TimesLIVE
29-07-2025
- Sport
- TimesLIVE
Cape Town City, Gallants case could throw PSL season into chaos
Cape Town City chair John Comitis is not getting excited yet despite his side having won a case at a South African Football Association (Safa) arbitration hearing against Marumo Gallants that could throw the new Premier Soccer League (PSL) season into disarray. The Citizens filed a case against Gallants, arguing midfielder Monde Mphambaniso was not properly registered when signed from the team when it in the Motsepe Foundation Championship (MFC) in the 2023-24 season. They sold that franchise and it which subsequently became Leruma United. Gallants returned to the Premiership ahead of the 2024-25 season by buying the franchise of Moroka Swallows. City alleged Gallants violated Rule 31.8.9.3 of the NSL handbook, which requires a clearance certificate to be submitted to the league in cases where a player has previously been registered as a professional with a member club.
Cision Canada
24-07-2025
- Business
- Cision Canada
Medical Facilities Corporation to Announce Second Quarter Results on August 7, 2025
TORONTO, July 24, 2025 /CNW/ - Medical Facilities Corporation (TSX: DR) ("Medical Facilities" or "MFC") will release its second quarter 2025 financial results prior to market open on Thursday, August 7, 2025. MFC's financial statements and management's discussion and analysis for the three-month period ended June 30, 2025 will be filed on SEDAR+ at following the release, and will also be available on the same day on MFC's website at Management will host an earnings conference call to review the financial results at 8:30 a.m. ET the same morning. Earnings Call Dial in Instructions Interested parties may join the conference call by dialing 1-888-699-1199 approximately 15 minutes prior to the call to secure a line. You will be put on hold until the conference call begins. A question-and-answer session will follow management's prepared remarks, at which time the operator will provide instructions to qualified equity analysts for submitting questions. To join the call without operator assistance, you may register and enter your phone number at to receive an instant automated call back. Webcast Registration A live audio webcast of the call will be available at Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived on MFC's website following the call date. About Medical Facilities Corporation Medical Facilities, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in the United States. Medical Facilities' ownership includes controlling interests in three specialty surgical hospitals located in Arkansas, Oklahoma, and South Dakota, and an ambulatory surgery center ("ASC") located in California. The specialty surgical hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities. The ASC specializes in outpatient surgical procedures, with patient stays of less than 24 hours. For more information, please visit
Cision Canada
23-07-2025
- Business
- Cision Canada
Manulife to Release Second Quarter 2025 Results Français
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, July 23, 2025 /CNW/ - Manulife Financial Corporation will release its second quarter 2025 financial results after markets close on Wednesday, August 6, 2025, which will be made available at A live webcast and conference call are scheduled for Thursday, August 7, 2025, at 8:00 a.m. (ET) where members of Manulife's executive leadership team will discuss the results, followed by a question and answer period with analysts. To access the conference call, dial 1-800-806-5484 or 1-416-340-2217 (Passcode: 8528599#). Please call in 15 minutes prior to the scheduled start time. The archived webcast will be available at following the call. A replay of the call will also be available until June 7, 2025, by dialing 1-800-408-3053 or 1-905-694-9451 (Passcode: 1098664#). About Manulife Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit Media Contact Fiona McLean Manulife 437-441-7491 [email protected] Investor Relations Derek Theobalds Manulife (416)-254-1774 [email protected]
