ESD Malaysia to open portal for 2026 expatriate projection submissions on 15 December 2025 Summary The Expatriate Services Division (ESD) will open its online portal on 15 December 2025 for companies to submit their Projection of Expatriates for 2026. Registered companies may apply for projections covering both Employment Pass (EP) and Professional Visit Pass (PVP) […]
Terry Rozier Pleads Not Guilty in NBA Gambling Case Summary Terry Rozier, the 31-year-old Miami Heat guard, appeared in federal court in Brooklyn and pleaded not guilty to wire fraud and money laundering conspiracy charges alleging he helped gamblers place winning bets tied to his performance in a March 2023 Hornets game. Rozier was released […]
Turkey Imprisons 20 Suspects over Wide-Spread Gambling Corruption Summary A Turkish court has ordered 20 suspects to be remanded in custody as part of an ongoing probe into widespread gambling-related misconduct in professional football. The detained include top‑flight players and high‑profile figures; the arrests follow a wider sweep of 46 people and disciplinary actions affecting […]
America’s Biggest Bitcoin Miners Are Pivoting to AI Summary Major US bitcoin-mining firms are converting large-scale mining facilities into AI and high-performance computing (HPC) data centres as bitcoin profitability falls. Companies including Riot, Bitfarms, Core Scientific, MARA, Cipher Mining and others have announced moves or contracts to host AI workloads. The shift is driven by […]
Bally’s shores up balance sheet as New York casino project advances: CBRE | AGB Summary Bally’s Corporation has agreed a $1.1 billion term-loan package that CBRE says resolves several long-standing financial overhangs and lets management focus on its flagship New York development. The refinancing features a $600 million initial draw to retire a $1.48 billion […]
Moody’s downgrades Genting Berhad, Genting Overseas Holdings and Genting Singapore; outlook stable Article date: 2025-12-09T00:05:31+00:00 — Author: Kelsey Wilhelm Summary Moody’s has downgraded Genting Berhad (GENB) from Baa3 to Baa2 and applied the same downgrade to Genting Overseas Holdings Limited (GOHL). Genting Singapore Limited (GENS) was downgraded from A3 to Baa1. All three ratings retain […]
Moody’s cuts Genting Berhad ratings on Malaysia takeover and rising New York casino expenses | AGB Summary Moody’s has downgraded Genting Berhad and two subsidiaries after the group’s takeover of Genting Malaysia and the expected costs to secure a commercial New York casino licence weakened its financial position. Moody’s still sees potential upside from a […]
Why Every Organization Needs a Corporate Legacy Strategy Summary A corporate legacy is a strategic narrative that records an organisation’s origins, defining moments, culture, contributions and long-term ambitions. When treated as a deliberate strategy rather than mere corporate history, legacy work becomes a living tool that strengthens leadership continuity, guides decision-making, aligns culture, builds stakeholder […]
7 in 10 Hongkongers say emotional support is vital during life transitions Summary A survey of 1,000 Hong Kong residents commissioned by Mind HK and Manulife Hong Kong found that 72% believe emotional support during life transitions is essential. Yet almost half (46%) show mild to severe symptoms of depression and/or anxiety, with over 16% […]
Star savior Bally’s Corp secures financial position after obtaining US$1.1 billion in new term loans Summary Bally’s Corp has secured US$1.1 billion in new term loans (US$600m initial term loan plus up to US$500m delayed draw) from Ares Management Credit funds, King Street Capital Management and TPG Credit. The funding aims to shore up liquidity, […]
