Dato' Seri Ahmad Shabery Cheek has proposed for the government to collaborate with insurance companies and create a flood insurance policy to better protect the welfare of the people Communications and Multimedia Minister Ahmad Shabery Cheek has suggested that the government consider the need of having flood insurance policy for the people to protect their welfare in times of natural disasters. He said the government could discuss with insurance companies to create insurance policies which would benefit all parties, especially victims of disasters. The minister said the move should be seen at ensuring the effectiveness of national preparedness in facing floods, especially during the monsoon season. Ahmad Shabery said to meet the objective, the insurance scheme could be contributed through the 1Malaysia People's Aid (BR1M) next year for the 1Malaysia People's Group Takaful Insurance (i-BR1M) implemented this year. "Deductions of RM50 to RM100 could be deposited for the insurance and in … [Read more...] about Have You Found Out If Your Home And Car Are Properly Insured From Flood Damages?
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Trasncript of the SONA, as delivered at the Batasang Pambansa Complex, Quezon City on July 24, 2017. Kindly sit down. Thank you for your courtesy. When I was a member of Congress, I — my seat was over there. The seat... The lady with a violent — not violent but rather violet dress — seated. But I was always absent together with the Speaker and Tonyboy Floirendo, who is still absent until today. [laughter] And that started… Ay nandiyan ba? Sorry. But his propensity started almost 17 years ago when we were members of the 11th Congress. Senate President Aquilino Pimentel III and the members of the Senate; Pantaleon Alvarez, the Speaker and the members of the House of Representatives; Vice President Maria Leonor Robredo; Former Presidents Fidel Ramos, Joseph Estrada, and former President Gloria Arroyo; Chief Justice Maria Lourdes Sereno of the Supreme Court and the members of courts; Archbishop Pinto and the distinguished guests of the diplomaticcorps; … [Read more...] about Full text of Duterte’s State of the Nation Address 2017
The United States is the only wealthy, industrialized country that lacks universal healthcare. Some proponents of the US model say this increases people’s level of choice, allowing citizens to pick the plan that is right for them. Advocates for a single-payer model argue government-funded care significantly reduces cost and provides a stronger social safety net. Business Insider spoke with a handful of people around the world to find out how single-payer actually shakes out. Canada What’s it like living in a country with single-payer healthcare? In Canada, doctors have waiting lists and the process is more like getting into a country club where you have to be recommended by other members. Once I finally got “inside” the system, I was pleasantly surprised. The wait to see my doctor is never more than a few days, but referrals to specialists can take a bit longer. Special equipment, like MRI machines, always have a waiting list and … [Read more...] about 5 people from around the world share what it’s like to have single-payer healthcare
The man tasked with overseeing Gizmodo Media Group in the wake of the demise of Gawker.com says he never regularly read the site in the first place. “I’m well past the demographic they were aiming for,” CEO Raju Narisetti said in an interview. “If you ask me if it was a place I spent a lot of time on on a daily basis, the answer is no.” Narisetti is leading GMG through the media company’s merger with Fusion Media Group, which is owned by the Spanish-language juggernaut Univision. According to the CEO, the transition has been a success. But conversations with over a dozen current and former employees painted a starkly different picture. Since the deal, the six former Gawker Media sites – Gizmodo, Jezebel, Deadspin, Kotaku, Jalopnik, and Lifehacker – have struggled with indecision, a dysfunctional bureaucracy, and an exodus of top leadership and institutional knowledge that gave Gawker Media its editorial bite. Mergers … [Read more...] about 10 months ago, Univision bought Gawker in a fire sale, and it’s been messy ever since
Business Insider spoke to workers about the challenges of raising children in the “gig economy.” They described anxiety about taking time off, unpaid days off for hospital visits, and juggling multiple jobs. But they also liked the highly flexible and satisfying work. Some people in the industry work 80-hour weeks to make ends meet and support their families. Self-employed women get offered a maternity allowance from the government, but there’s no equivalent scheme for men. There’s now a growing labour rights movement in the gig economy – but not everyone wants the same thing. LONDON – In early April, Alex Marshall was excited and anxious. The 32-year-old Londoner was preparing for not one but two consequential events – a major legal action against his place of work, and the birth of his first child. I first spoke to Alex over the phone on the evening of April 6. It was the … [Read more...] about Sleepless nights and hospital runs: The struggles of parenthood in the gig economy
John Zimmer is the cofounder and president of the ride-hailing service Lyft. Lyft was founded in 2012 and has faced a fierce competitor in Uber since the beginning. In the past year, Uber has come under fire for a series of missteps while Lyft has maintained its “nice guy” image. Lyft is valued at $11 billion and covers 94% of the US population. For more than five years, Uber and Lyft have been locked in a battle to become the ultimate ride-hailing service. Uber has been the leader with a war chest of billions of dollars from investors. But it has come under fire for how it treats drivers and its employees. Then there’s Lyft, which is also worth billions. One of its biggest advantages seems to be its “nice guy” reputation. But it can be hard for nice guys not to finish last. “We had a competitor that was trying to put us out of business with capital,” Lyft’s cofounder and president, … [Read more...] about Lyft is now worth $11 billion — its founder reveals how he went from taking no salary for 3 years to running a giant startup
A little more than a week after SpaceX’s launchpad rocket explosion, tech entrepreneur Elon Musk – the aerospace company’s founder, CEO, and CTO – has hinted at how trying its investigation has become. “Still working on the Falcon fireball investigation,” Musk wrote on Twitter early Friday morning. “Turning out to be the most difficult and complex failure we have ever had in 14 years.” The cause of the September 1 mishap isn’t yet known, but experts say the incident will hamper SpaceX’s ambitious launch schedule. “It typically takes nine to 12 months for people to return to flight. That’s what the history is,” Tory Bruno, CEO of United Launch Alliance, told Reuters reporter Irene Klotz. And the ramifications will extend well beyond SpaceX’s walls, says Wayne Hale, an engineer, aerospace consultant, and NASA’s former space-shuttle program director. “It sets back the … [Read more...] about Elon Musk: SpaceX’s fireball is ‘the most difficult and complex failure we have ever had’
One morning in late 2015, on Sears’ vast Illinois campus, more than a dozen employees huddled in a videoconference room on a floor dubbed “B6.” There, two mid-level employees were preparing a presentation for the CEO, Eddie Lampert, when their boss rushed in with some last-minute advice. On a chart pad he wrote three words. “He looks at the presenters and says, ‘Do not say these words to that guy,'” according to a former Sears executive who described the meeting to Business Insider. “That guy” meant Lampert, who would soon appear on a giant projector screen at the front of the room, beamed in live from a home office inside a $38 million Florida estate – 1,400 miles away from headquarters. The pad with the three words was out of sight of Lampert’s video feed. One of the words on it was “consumer.” The stakes were high. If any of those words were uttered in front of Lampert, the two presenters … [Read more...] about Inside Sears’ death spiral: How an iconic American brand has been driven to the edge of bankruptcy
CEO Evan Spiegel may be the public face of Snap Inc., but it’s taken more than his hard work to turn what started as a disappearing photo app into a potentially $25 billion social network and camera company. Since he started Snapchat with cofounder Bobby Murphy in 2011, Spiegel has surrounded himself with a team of seasoned deputies who oversee everything from relationships with advertisers and media partners to the company’s planned IPO. Here are the most important people who help Spiegel run Snap:Bobby Murphy cofounded Snapchat and is now CTO. Unlike Evan Spiegel, Bobby Murphy has maintained a decidedly low profile since the beginning of the company. As cofounder and Chief Technology Officer, Murphy leads Snap’s engineering and research teams. Sources say he’s also involved with a top-secret team called Snap Labs that works on projects like the recently announced Spectacles glasses. Murphy and Spiegel each wield 44% of Snap’s voting … [Read more...] about Meet the power players who help Evan Spiegel run Snap Inc.
As a general in World War II, President Dwight D. Eisenhower intimately knew how to lead and manage the armed forces. After years of public service, he prepared to leave his position as the Commander in Chief with a final farewell address to the nation. In this farewell address, he outlined the dangers of what he coined as the “military industrial complex.” Although Eisenhower could have been unwavering in his argument, one cannot deny the amazing advancements, or the destructive power, that military R&D has created. Military research and development has now paved the way for medical achievements and other inventions that have reshaped the world. The following figures from 2015 were compiled by the US General Services Administration and are publicly available. 1. Lockheed Martin Corporation Amount obligated: $29.4 billion Contracts awarded:66,353 Employees:126,000 Current work:$528 million project for interceptors in the Terminal High Altitude Area … [Read more...] about The top 9 biggest defense contractors in America