logo
Anwar meets Macron in Paris to discuss trade, Gaza crisis

Anwar meets Macron in Paris to discuss trade, Gaza crisis

The Suna day ago
PARIS: Prime Minister Datuk Seri Anwar Ibrahim arrived at Elysee Palace for a meeting with French President Emmanuel Macron. The leaders are set to discuss key bilateral issues, including trade, investment, renewable energy, semiconductors, defence, education, digital economy, and artificial intelligence.
Anwar, on a two-day official visit, will also address the ongoing conflict in the Middle East, particularly the humanitarian crisis in Gaza. Earlier in the day, he met with Francois Bayrou, his French counterpart.
After concluding talks with Macron, Anwar will travel to Brazil to attend the BRICS Leaders Summit from July 5 to 7. The summit is expected to focus on economic cooperation among emerging markets. -BERNAMA
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Selangor to implement circular economy framework by 2026
Selangor to implement circular economy framework by 2026

The Sun

time34 minutes ago

  • The Sun

Selangor to implement circular economy framework by 2026

KLANG: Selangor is set to introduce a circular economy framework within the next two years, according to Menteri Besar Datuk Seri Amirudin Shari. Pilot initiatives such as the SelKitar programme and an electronic waste recycling scheme are already in motion to encourage sustainable practices among residents. Amirudin emphasised that the transition involves more than just recycling for profit. 'We are building up the system gradually. The real challenge is establishing a comprehensive, functioning ecosystem,' he said during the launch of the 'Plastic-Free Campaign 2025: Series 2' in Klang. Urban centres like Petaling Jaya, Subang Jaya, and Shah Alam will likely be the first to adopt the circular economy model due to their advanced infrastructure and urban lifestyles. The approach focuses on waste reduction through reuse, recycling, and repurposing materials to conserve resources and cut emissions. The Housing and Local Government Ministry has already taken steps by introducing the Solid Waste Circular Economy Action Plan 2025–2035 in August 2024. The plan outlines five key areas: governance, guidelines, digitalisation, infrastructure, and market development. Additionally, Selangor is revising bylaws across 12 local councils to strengthen the 'No Plastic Bag Day' policy. ' All councils will be briefed before the amendments are presented at the next State Legislative Assembly session,' Amirudin added. - Bernama

1 Mln Shop Owners In South Korea Close Businesses In 2024
1 Mln Shop Owners In South Korea Close Businesses In 2024

Barnama

time43 minutes ago

  • Barnama

1 Mln Shop Owners In South Korea Close Businesses In 2024

SEJONG, July 6 (Bernama-Yonhap) -- The number of business owners that closed down their shops surpassed the 1 million mark for the first time in history last year, with the retail and eatery sectors accounting for nearly half, data showed Sunday. According to the data compiled by the National Tax Service, 1,008,282 individual and corporate businesses filed for closure in 2024, up 21,795 from the previous year. It marks the first time business closures have topped 1 million since record-keeping began in 1995, Yonhap News Agency reported. bootstrap slideshow The tax agency said business closures have been on the rise since 2023, partly attributing the surge to what it called an "accumulated slump" during the COVID-19 pandemic and rising delinquency rates caused by high interest rates. The business closure rate has also been on the rise since 2023, reaching 9.04 per cent last year, slightly up from 9.02 per cent the previous year, according to the agency. The most cited reason for business shutdowns was slumping sales, which accounted for roughly half of the total. Retail businesses have been especially hard hit by the recent economic downturns, accounting for 29.7 per cent of all business closures, followed by restaurant businesses at 15.2 per cent, real estate at 11.1 per cent, and wholesale companies and commodity brokerages at 7.1 per cent. The business closure rate for retail businesses stood at 16.78 per cent, followed by restaurant businesses at 15.82 per cent and personal services at 14.11 per cent. "Continued high interest rates and inflation have reduced real income, leading to declines in retail sales and spending in eateries," said Kim Kwang-seok, head of economic research at the Institute for Korean Economy and Industry.

High Court in Singapore orders Instagram seller to pay Louis Vuitton S$200,000 in damages over counterfeit goods
High Court in Singapore orders Instagram seller to pay Louis Vuitton S$200,000 in damages over counterfeit goods

The Star

timean hour ago

  • The Star

High Court in Singapore orders Instagram seller to pay Louis Vuitton S$200,000 in damages over counterfeit goods

SINGAPORE: An Instagram seller who sold fake Louis Vuitton items as authentic and ghosted the High Court during court proceedings has been ordered to pay S$200,000 in damages to the French luxury fashion house for trademark infringements. Ng Hoe Seng, operating under Instagram accounts 'emcase_sg' and 'emcrafts_sg', sold counterfeit goods such as phone cases, passport covers, card holders and purses through the social media platform. The fakes were passed off as genuine and sold at a fraction of the price of the real items – a fake passport cover, for instance, was priced at $159, compared with $560 to $945 for the real thing. Louis Vuitton Malletier (LVM) discovered the infringements in July 2022 and conducted a sting operation. A representative made test purchases worth $2,100 from Ng's first Instagram account 'emcase_sg'. LVM confirmed the goods were counterfeit and issued a cease-and-desist letter in March 2023. Instead of stopping, Ng shifted operations to a new Instagram account, 'emcrafts_sg', and resumed sales. To catch him again, an LVM representative made a second undercover purchase. The company later filed a lawsuit in August 2023. Ng ignored the proceedings and did not appear in court. On Nov 30, 2023, the High Court ruled in LVM's favour and went on to assess damages. Computing its damages, LVM said it should be awarded $4.84 million in damages but claimed $2.9 million against Ng – based on 29 infringing acts at $100,000 each, the statutory cap. But Justice Dedar Singh Gill disagreed with the claims. 'The claimant's proposed quantum of $2.9 million is grossly excessive,' he said in a written judgment on July 2. He limited the maximum award to $900,000, or $100,000 for each of the nine different types of goods where there were infringements, ultimately awarding $200,000. While LVM argued that the counterfeits dilute its brand, the judge questioned the financial impact. 'I have my doubts as to whether the claimant will suffer lost sales in any significant way... knock-offs of luxury goods are usually not substitutable with the genuine goods.' He added: 'One must bear in mind that the defendant is a sole proprietor operating through a social media channel. He is not a large-scale manufacturer who has distributed the offending goods to other retailers and sparked other chains of infringement.' In his judgment, Justice Gill highlighted the deceptive marketing tactics Ng used to promote the fake products on Instagram. 'The defendant's modus operandi when it came to promoting his products was to re-post Instagram posts and/or stories by customers who had purchased his products... ostensibly with the aim of thanking them and showing off their rave reviews,' he said. 'In my view, this has the effect of compounding the defendant's false representations.' He added that Ng had 'deployed his coterie of 'influencers' to propagate the misrepresentation about his 'authentic' products more widely to his followers and the public at large'. In his judgment, Justice Gill highlighted the deceptive marketing tactics Ng used to promote the fake products on Instagram. Justice Gill also addressed Ng's claim on Instagram that the products were 'upcycled' from real Louis Vuitton goods. 'This was a lie upon a lie which compounded the false representation perpetrated upon members of the public,' he wrote. Upcycling typically refers to the reuse of discarded material or waste to create a product of higher value or quality than the original. The judge further warned of the risks posed by online sellers who can easily evade enforcement. 'Such online retailers can easily spread out all of their eggs in multiple baskets by setting up different online platforms at relatively low costs to sell their goods,' he said. 'An online retailer can avail himself of a hydra-like approach to continuing his infringement – in that even if one head is sliced off, another can easily spring up.' Ng Hoe Seng, operating under Instagram accounts 'emcase_sg' and 'emcrafts_sg', sold counterfeit goods such as phone cases, passport covers, card holders and purses through the social media platform. Justice Gill criticised Ng for flouting a previous court order by making his Instagram account private – while still allowing his followers to view it. 'It was clearly an attempt by the defendant to mask his infringing activities (and potentially continue the infringement).' The judge also rebuked Ng over his refusal to take part in the legal proceedings. 'The defendant did not participate in any part of these proceedings, thus depriving the claimant of an opportunity to discover the full extent of his infringement to prosecute its claim and quantify its losses,' he wrote. 'A strong message needs to be sent to the defendant that he may be able to run from the claimant, but he will not be able to hide from the long arms of the law.' The judge further warned of the risks posed by online sellers who can easily evade enforcement. Justice Gill concluded: 'The defendant has shown himself to be a recalcitrant infringer, and he will need to face the consequences accordingly.' LVM was represented by lawyers Ravindran Muthucumarasamy, Chan Wenqiang and Neo Xuan Hao Edwin from Ravindran Associates. Ng was unrepresented. Despite the High Court victory, it remains uncertain whether LVM will recover the $200,000. As at July 3, Ng's registered business EMCASE SG has ceased registration with the Accounting and Corporate Regulatory Authority and his two known Instagram accounts have vanished. However, a similarly named account – ' – remains active, appearing to sell Louis Vuitton-branded goods. - The Straits Times/ANN

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store