Latest news with #MA
The Star
2 days ago
- Sport
- The Star
Manshahar may make return to coach SEA Games athletics team
PETALING JAYA: Former head coach Manshahar Abd Jalil could be set for a return to the national athletics set-up but a decision on his comeback is only expected next week. Malaysia Athletics (MA) recently held a strategic discussion with the National Sports Council (NSC), where one of the key proposals was to reappoint Manshahar on a six-month contract to prepare the team for the biennial Games.
Scroll.in
2 days ago
- Scroll.in
Kerala HC orders arrest of another sister ship of sunken vessel to recover losses
The Kerala High Court on Wednesday ordered the conditional arrest of Liberian-flagged ship MV MSC Polo II for securing claims related to cargo losses incurred after its sister vessel, MSC Elsa 3, sank off the Kochi coast on May 25, Live Law reported. Justice MA Abdul Hakhim passed the order in a suit filed by Sans Cashew India Private Limited, which claimed its consignment worth Rs 74 lakh was lost due to the sinking. MSC ELSA 3 was on its way from Vizhinjam to Kochi and carrying 640 containers, including 13 hazardous cargo and 12 calcium carbide containers, when it sank 'reportedly due to flooding in one of the holds', the Indian Coast Guard had said. On June 13, the High Court had issued a similar order to detain another vessel that is also operated by the Mediterranean Shipping Company following petitions from five other cargo owners who also lost shipments in the incident, The News Minute reported. The order secured nearly Rs 6 crore as a conditional deposit for the release of the ship, Bar and Bench reported. On Wednesday, Hakhim said that the conditional arrest of MSC Polo II would be lifted if the vessel's owners deposit Rs 74 lakh or furnish adequate security in court. The court also clarified that the arrest can only be made when the ship is anchored within the territorial jurisdiction of Kerala. The ship is currently en route to Vizhinjam Port, according to Bar and Bench. The court ordered the arrest on the basis that the shipping company has no assets in India. The matter will be heard next on June 23. On May 29, the Kerala government declared the wreckage of MSC ELSA 3 a state-specific disaster.
The Sun
3 days ago
- Sport
- The Sun
Manshahar tapped as 2025 SEA Games athletics head coach
KUALA LUMPUR: Former national athletics head coach Mohd Manshahar Abdul Jalil has been proposed for appointment as the national head coach for the 2025 SEA Games in Thailand, scheduled to be held from Dec 9 to 20. In a statement posted on the Malaysia Athletics (MA) Facebook page tonight, it said the proposal to appoint Mohd Manshahar for a six-month term was raised during a strategic discussion between MA and the National Sports Council (NSC) as part of early preparations for the biennial event. 'The appointment is aimed at streamlining the implementation of the national team's preparation plan during this period. The proposal will be tabled for consideration and approval by the relevant authorities in the near future,' the statement said. According to MA, the meeting with NSC also covered the restructuring of the coaching line-up and the implementation of overseas training and competition exposure programmes, as part of strategic efforts to boost performance and readiness ahead of the 2025 SEA Games. To ensure the smooth execution of these planned initiatives, MA said a meeting of the working committee (JKK) would also be held soon to discuss follow-up measures in greater detail. 'NSC and MA remain committed to ensuring thorough and well-coordinated preparations to achieve outstanding success for Malaysian athletics at the 2025 SEA Games,' the statement added. At the 2023 SEA Games in Phnom Penh, Cambodia, Malaysia fell short of its target of 10 gold medals, returning with only five gold, three silver and 12 bronze.
Yahoo
3 days ago
- Business
- Yahoo
Mastercard's Crypto Expansion: A Right Global Bet on Digital Assets?
In Mastercard Incorporated's MA determination to grow, it is dipping its toes in the world of crypto. This is a strategic move aimed at redefining the company's role in the digital finance landscape. In its effort to stay ahead of the market, MA is forming partnerships and developing the necessary infrastructure to facilitate crypto payments and drive blockchain innovation on a global scale. The company is collaborating with cryptocurrency platforms to enable customers to spend their cryptocurrencies at over 150 million locations worldwide that accept Mastercard. A key component of Mastercard's strategy is its adoption of stablecoins. By understanding how these digital currencies can make real-time, cross-border transactions possible, the company has teamed up with platforms that support stablecoin payments. MA supports merchant settlement in USDC and enhances cross-border transfers with Crypto Credential for secure transactions. Its Multi-Token Network boosts real-time, on-chain settlements with partners like J.P. Morgan and Standard Chartered. Wirex, Bit2Me, Lirium, Notabene, and Mercado Bitcoin have also joined the Mastercard Crypto Credential ecosystem. Some of MA's card issuance partners, like Kraken, OKX and Bleap, are playing a key role in bridging the gap between the crypto economy and everyday spending. The company is positioning itself to lead future advancements, such as Agentic AI in crypto. Even though there are still hurdles like regulatory uncertainty, Mastercard's proactive strategy focused on security, trust and global flexibility might be the right long-term choice. Some of MA's competitors in the digital assets space include Visa Inc. V and PayPal Holdings, Inc. PYPL. Visa has been expanding its footprint in the crypto space through fintech partnerships and pilot programs. Visa has collaborated with crypto platforms like and Coinbase to issue crypto-linked cards and enable direct crypto payments. PayPal is among the pioneers in the fintech space when it comes to cryptocurrency adoption. It has allowed users in some markets to buy, sell and hold cryptocurrencies on its platform. PayPal introduced its own stablecoin, PYUSD, which is designed to facilitate quick and affordable digital payments within its ecosystem. In the year-to-date period, MA's shares have gained 6.7% compared with the industry's rise of 3.5%. Image Source: Zacks Investment Research From a valuation standpoint, MA trades at a forward price-to-earnings ratio of 32.66, above the industry average of 22.57. MA carries a Value Score of D. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Mastercard's 2025 earnings implies 9.5% growth from the year-ago period. It witnessed one upward estimate revision in the past month against no movement in the opposite direction. Image Source: Zacks Investment Research Mastercard currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Barnama
3 days ago
- Sport
- Barnama
Mohd Manshahar Proposed As National Athletics Head Coach For SEA Games 2025
KUALA LUMPUR, June 17 (Bernama) -- Former national athletics head coach Mohd Manshahar Abdul Jalil has been proposed for appointment as the national head coach for the 2025 SEA Games in Thailand, scheduled to be held from Dec 9 to 20. In a statement posted on the Malaysia Athletics (MA) Facebook page tonight, it said the proposal to appoint Mohd Manshahar for a six-month term was raised during a strategic discussion between MA and the National Sports Council (NSC) as part of early preparations for the biennial event. 'The appointment is aimed at streamlining the implementation of the national team's preparation plan during this period. The proposal will be tabled for consideration and approval by the relevant authorities in the near future,' the statement said.
