Business

“I don’t think anyone really knew what to expect with the initial lockdown. There wasn’t much specific guidance available and even though we are quite specialised in a niche industry, we shut our doors to help reduce the spread,” she said. … [Read more...] about Covid-19: Expat upskills to launch new business in Northern Ireland lockdown

Hanoi (VNA) – A conference was held in Hanoi on January 21 to discuss measures to improve the domestic business environment and competitiveness of the economy as well as orientations for the next five years. Participants at the event highly evaluated the efficiency of reducing business conditions so far, as well as issues relating to the inclusion of the conditions in relevant regulations. Addressing the event, part of the Australia Supports Economic Reform in Vietnam (Aus4Reform) programme, Deputy Director of the Central Institute for Economic Management (CIEM) Phan Duc Hieu said that the event is a chance for participants to seek measures to support business and production activities, and identify obstacles in the field. Nguyen Minh Thao, head of the CIEM Department for Business Environment and Competitiveness Research, said that as of the end of 2019, more than 30 documents on business conditions were issued, cutting more than 50 percent of business conditions. Many … [Read more...] about Experts discuss measures to improve business environment

“The Vietnamese government and Vingroup have been seeking to expand into high-tech industries and to boost local job creation. Also premium demand in the region including in Vietnam, Myanmar and Thailand is high,” a South Korean senior industry official told The Korea Times. … [Read more...] about Vietnam’s Vingroup in talks to purchase LG smartphone business: S.Korean media

In total, Trump valued the assets from his businesses at between US$1.3 billion and US$1.7 billion. The disclosures are not exact - federal officials give the value of their assets and income in broad ranges, and the top value is "over US$50 million." Trump had 22 assets he listed in that range, including his Mar-a-Lago resort and the Trump International Hotel in Washington. … [Read more...] about Trump reveals extent of pandemic damage to business empire

Locally, the area lost 56,265 hotel room stays, with an economic impact of $65,030,840. That’s from cancelations of meetings, conventions and sports – and not counting leisure travel, concerts and lost festivals. Things won’t likely turn around soon. … [Read more...] about Convention, visitors business: COVID froze travel, but youth sports led recovery

BENGALURU: From integrating sources of credit supply — banks to venture capitalists (VCs) — to providing a marketplace to buy raw material and sell finished goods and a host of other provisions, Karnataka is planning a digital platform for industries, that will boost the ease of doing business.According to the industries department, the proposed technology portal will have eight modules targeted at addressing issues faced in specific areas. It is proposed to be equipped with modular mechanisms and structures around information, facilitation, regulatory, and ease-ofdoing-business areas, which can help industries, especially MSMEs, efficiently bring their products to the market.“Industries, particularly small and medium ones, have had six to seven major issues that have remained unaddressed for long. With this initiative, we look to resolve them. We have completed the conceptualisation and will be floating an RFP (request for proposal) in about a month. Once that is … [Read more...] about Ease of doing business in Karnataka: VCs, raw material to be a click away

The Paycheck Protection Program reopened on Monday. But initially it was only available to businesses applying at community financial institutions. Those are banks and lenders that provide funding for small businesses in underserved communities, many of which had a hard time securing loans during the previous rounds of PPP lending or didn't apply. … [Read more...] about Small businesses can start applying for new PPP loans

Sacombank has helped its customers overcome difficulties through practical measures such as restructuring debts, waiving or reducing interest worth nearly VNĐ9 trillion as prescribed by the SBV’s Circular No. 01, earmarking nearly VNĐ40 trillion for preferential credit to individual and corporate customers. … [Read more...] about Sacombank meets all business targets set for 2020

NEW DELHI: About 50 per cent of the industry respondents feel that the upcoming Union Budget will revive their business, while a vast majority are optimistic about economic recovery and demand growth, a Deloitte survey said on Friday. While some respondents also feel that raising the tax exemption limit for individuals will boost private consumption and investment, about 50 per cent highlighted demand revival as one of the major working areas. "Movement restrictions, and financial and health anxiety amongst consumers have affected consumption. High precautionary savings may keep demand below pre-COVID-19 levels for a while. Some respondents also feel that raising the tax exemption limit for individuals will boost private consumption and investment," it said. The online Deloitte survey titled - Would Union Budget 2021 accelerate the industry's recovery? - posed a set of about 12 questions, including on economic revival and ease of doing business, to senior professionals across … [Read more...] about About 50% industry respondents feel Budget will revive their business, says Deloitte survey

'We recognise, acknowledge, seek to understand, and apologise for the public hurt and anger. So let us be clear: we no longer consider the Sir John Cass name appropriate to represent us and the work that we do in this century or in the future.' … [Read more...] about London’s City University changes name of its Cass Business School because of Sir John Cass’ slavery links