The future of farmland: asset in jeopardy?

The late American social commentator Will Rogers has been quoted as saying, “Buy land. They ain’t making any more of the stuff.” The global population is about to surpass the 8 billion mark. Meanwhile climate change, soaring costs of living, and sharp increases in the price of fertilizer mean the global food system could face […]

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MOSTI-MOH announce 5 hospitals as Health Technology Hubs under Malaysia’s NTIS

1-stop centres to develop solutions that provide quality healthcare
Hub will be supported by 10-acre MRANTI Integrated Healthcare Cluster The Ministry of Science, Technology and Innovation (MOSTI) and the Ministry of Health Malaysia (MOH) today announced that five hospitals have been identified as Health Technology Hubs under the National Technology and Innovation…Continue Reading

Despite last minute decision by Maxis and UMobile to not take equity in Digital Nasional Bhd, agreement with other 4 MNOs to be concluded soon

No impact on discussions on 5G Access Agreements which are progressing
Maxis, UMobile decision leads to speculation of future corporate exercise In a press release, Digital Nasional Bhd (DNB), the owner and operator of Malaysia’s 5G network, assures that the execution of Share Subscription Agreements (SSAs) between Mobile Network Operators (MNOs) and…Continue Reading

US private equity fund wins Pyrrhic victory over Seoul

SEOUL – A 10-year arbitration battle wrapped up on August 30 with the International Center for Settlement of Investment Disputes (ICSID) awarding American private equity finance fund Lone Superstar US$217 million in damages from the Southern Korean government.

The case has been sparked by what the particular Dallas-based fund alleged was Seoul’s refusal to permit the sale of a distressed asset it had obtained within a reasonable time period, robbing it of billions of dollars worth of profits. Lone Star opened proceedings at the ICSID in 2012.

However , this dry description does not do the investor-state dispute, which happened in the tumultuous wake of the 1997-8 Asian financial crisis, justice.

The extremely emotive struggle noticed unionists wielding machetes, secret cameras embedded in C suites, fund chairmen getting grilled in court and questions being asked behind closed doors in Washington’s corridors associated with power.

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