November 2018 - IKON Malaysia

5 Keys of Dealing with Workplace Conflict

29Nov

By Webmaster IKON MalaysiaNo Comments

Leadership

5 Keys of Dealing with Workplace Conflict

Here’s the thing - leadership and conflict go hand-in-hand. Leadership is a full-contact sport, and if you cannot or will not address conflict in a healthy, productive fashion, you should not be in a leadership role. From my perspective, the issues surrounding conflict resolution can be best summed-up by adhering to the following ethos; ”Don't fear conflict; embrace it - it's your job.” While you can try and avoid conflict (bad idea), you cannot escape conflict. The fact of the matter is conflict in the workplace is unavoidable. It will find you whether you look for it (good idea – more later) or not. The ability to recognize conflict, understand the nature of conflict, and to be able to bring swift and just resolution to conflict will serve you well as a leader – the inability to do so ma...

29Nov

By Webmaster IKON MalaysiaNo Comments

Finance

7 biggest retirement planning mistakes

JUST the thought of retirement can cause anxiety and many to feel overwhelmed. A recent global survey showed that 88% of pre-retirees in Malaysia stated they are worried about not having enough money to live on day-to-day at retirement and that goes to show how unprepared some of us are. No matter how difficult it is, we still must face the music. Retirement planning is one of the most important financial goals one will undertake and the stakes couldn’t be higher. Just a couple of missteps can change your joyful golden years to poverty, dependence and penny-pinching years. One of the key to success is to avoid obvious retirement planning mistakes. You need to get it right the first time because there is no second chance once you hit retirement. So, let’s look at the mistakes that ...

Disney says ‘no merit’ to Malaysia resort company lawsuit

29Nov

By Webmaster IKON MalaysiaNo Comments

News

Disney says ‘no merit’ to Malaysia resort company lawsuit

Resort developer Genting Malaysia’s lawsuit seeking $1bil (RM4.2bil) in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park, is “without merit,” Disney said Tuesday. The lawsuit filed Monday in the Central California District Court cites damages from Fox’s withdrawal from an agreement set in 2013 to license its intellectual property for a Fox World theme park in Resort World Genting, a sprawling facility perched on a mountain in Malaysia. The theme park would have been Fox’s first. According to Genting’s complaint, Fox issued a “notice of default” aimed at ending the agreement. Disney’s acquisition of 21st Century Fox apparently raised issues because Genting’s resort includes a casino, which conflicts with Disney’s stance...

Disney, Fox sued in U.S. for US$1 billion over Malaysia theme park

29Nov

By Webmaster IKON MalaysiaNo Comments

News

Disney, Fox sued in U.S. for US$1 billion over Malaysia theme park

Walt Disney Co and Twenty-First Century Fox Inc were sued for more than $1 billion on Monday by casino operator Genting Malaysia Bhd, which accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park. Genting said “seller’s remorse” induced Fox, with Disney’s help, to breach its 2013 contract with Fox Entertainment Group to license intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour’s drive from Kuala Lumpur. Disney did not immediately respond to requests for comment. Dan Berger, a spokesman for Twentieth Century Fox Film, one of the defendants, declined to comment. The lawsuit was filed in the U.S. District Court in Los Angeles as Disney prepares to complete its $71.3 billion purc...

Malaysia bets on Durian as China goes bananas for ‘world’s smelliest fruit’

29Nov

By Webmaster IKON MalaysiaNo Comments

Women’s Corner

Malaysia bets on Durian as China goes bananas for ‘world’s smelliest fruit’

The stinky, spiky durian is set to become Malaysia’s next major export as the South-East Asian nation rushes to develop thousands of acres to cash in on unprecedented demand for the fruit from China. Once planted in family orchards and small-scale farms, the durian, described by some as smelling like an open sewer or turpentine when ripe, is attracting investments like never before. Even property tycoons and companies in palm oil, Malaysia’s biggest agricultural export, are making forays into the durian business. The Malaysian government is encouraging large-scale farming of durian, counting on a 50 percent jump in exports by 2030. “The durian industry is transforming from local to global, large-scale farming due to the great demand from China,” said Lim Chin Khee, a durian indust...

29Nov

By Webmaster IKON MalaysiaNo Comments

Women’s Corner

The growth of P2P financing in Malaysia

Adoption of peer-to-peer (P2P) financing has skyrocketed in Malaysia – this year RM159.56mil was raised, up from just RM17mil last year. Fundaztic chief executive officer Kristine Ng Wri Miem reveals P2P has been driven largely by younger users, as 59% of its investors are under 35. In comparison, 35 to 45 year olds made up 28%, 45 to 55 year olds made up 9% and those above 55 only made up 4%. “I think the Millennials are open to investing, even if they don’t have much money. They don’t care that the issuers might be boring,” she says, pointing out that a funeral home was one of the issuers that was snapped up. (The issuer is the company or person seeking to raise an investment). She believes younger investors have less preconceptions about what to invest in and are more connected on th...

8 Surprising Signs you’re an Exceptional Boss

29Nov

By Webmaster IKON MalaysiaNo Comments

Women’s Corner

8 Surprising Signs you’re an Exceptional Boss

Many people are good bosses. Some people are great bosses. A handful go even further: They're phenomenal, not only because of what you see them do but also because of what you don't see them do. If you're a truly phenomenal boss, what your employees see is far from everything they get. You look past the action to understand the motivation. Sometimes an employee makes a mistake or does the wrong thing. Sometimes an employee takes over a project or a role without approval or justification. Sometimes an employee jockeys for position, plays political games, or ignores company objectives in pursuit of a personal agenda. When that happens, it's easy to assume that person won't listen or doesn't care. But there is almost always a deeper reason: The individual feels stif...

Indonesia’s Go-Jek starts trial launch in Singapore, challenges Grab

29Nov

By Webmaster IKON MalaysiaNo Comments

Women’s Corner

Indonesia’s Go-Jek starts trial launch in Singapore, challenges Grab

Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore on Nov 29, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan. Go-Jek’s beta app will be available to a limited number of consumers before expanding it to a wider population as testing progresses, said the people, who asked not to be named because the information is not public. Many consumers and drivers have looked forward to Go-Jek’s entry after Grab cemented its grip on the city-state by agreeing in March to acquire the South-East Asian business of Uber Technologies Inc, eliminating its primary competition in the region. Go-Jek chief executive officer Nadiem Makarim has said the company will enter the Singapore market with promot...