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OPPO A83 hits Nepali Market
January 25, 2018: Chinese smartphone brand Oppo has launched its latest entry-level camera phone – OPPO A83 in the Nepali market. The smartphone has a full screen display along with 3 GB RAM and 3180mAh battery.
The smartphone has storage capacity of 32GB, which is expandable upto 256 GB. The smartphone has a front camera of 8MP, and a rear camera of 13MP with LED flash.
The smartphone is priced at Rs 24,990. OPPO A83 will be available in variants of gold and black colors.


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Sony says they’re committed to the CI channel, considering cybersecurity insurance for your business, and gearing up for the battle of next week.
Emerald brings on Jason McGraw for CEDIA Expo and KBIS, and Sonos hits $339M in revenue for Q4 thanks to the custom installation channel.
SnapAV is changing up personnel, Meridian has a new virtual showroom, and Josh.ai shows off their new Nano and Core.
A look at CEDIA’s new Propel program, ADT + Google expects to launch in 2021, and Josh.ai has their first white paper about voice control.
Samsung partners with Mercedes-Benz to bring IoT to the automotive, and the importance of acoustic design in the home.
Google is discontinuing Nest Secure, Lutron unveils the Alisse wall control, and CEDIA has a new white paper about HDMI 2.1.
SnapAV shows off Chime, the wellness market is rapidly growing, and Parasol launches their AllCall program.
CEDIA’s CEO is stepping down, and Regal Cinemas shuts down over 500 theaters in the US.
Eric Smith joins SAVI and Amazon introduces their new cloud gaming system Luna.

domain: news


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Chevrolet has announced a long-roof variant of the Cruze to be shown at the 2012 Geneva Motor Show. The Cruze Station Wagon, like its hatchback brother, will be a Euro-only affair. The Europeans will also get their hands on the 1.4-liter turbo four we get stateside, as well as a new 1.7-liter diesel.
The Cruze Wagon is almost four inches longer than the sedan and more than six inches longer than the hatchback. That extra length means it can fit nearly 53 cubic feet of junk in the back with the rear seats folded.
The hatchback’s launch will coincide with a light refresh for the Cruze, both here and overseas. All 2012 Cruzes will get a remodeled front fascia, new wheels and the option of adding MyLink—Chevrolet’s new smartphone integration system, complete with a seven-inch touchscreen, to their center console.
We’ll have more images of the newest member of the Cruze family when it hits the show stand at the Geneva Motor Show, starting March 6.
Please scroll down for the official press release from Chevrolet.
World premiere for Chevrolet Cruze station wagon
* Station wagon is the third variant of world’s favorite Chevrolet
* New engine line-up includes sporty turbo and frugal diesel
* Refined design and new technologies
* MyLink: cutting edge smartphone infotainment system
The Chevrolet Cruze station wagon is all set for its global premiere at the 82nd International Geneva Motor Show early next month. The station wagon, the latest bodystyle of Chevrolet’s most popular nameplate, complements the sedan and hatchback versions, which together have combined sales in excess of one million vehicles globally since the carline was launched in 2009.
"The Cruze station wagon caters to an important market segment. It ticks all the boxes for European drivers in terms of distinctive design, dynamic driving, space and economy," said Chevrolet Europe President and Managing Director Susan Docherty.
The new station wagon features generous storage space and a choice of powerful and efficient engines as well as the state-of-the-art Chevrolet MyLink onboard infotainment system.
The new and improved engines will be available on the entire Cruze line-up starting summer 2012. In addition to the current 1.6L and 1.8L gasoline engines, a new 1.4L turbo gasoline, a new 1.7L diesel and an improved 2.0L diesel engine complete the powertrain offer.
The 1.4L gasoline, 1.7L diesel and 2.0L diesel engines come with start-stop technology as standard. All engines are Euro 5-compliant.
The station wagon, at 4,675 mm, is slightly longer than the hatchback (4,510 mm) and sedan (4,597 mm) models. Load space ranges from 500 liters up to the window line in the rear to nearly 1,500 liters up to the roof top with the rear seats folded down.
Refined design and new technologies
The station wagon is immediately recognizable as a new variant of the best-selling Chevrolet Cruze. The exterior design features a tapering single arch roofline and comes with roof racks as standard, providing convenience while maintaining a poised and sporty look.
A number of exterior and interior styling changes are being introduced in 2012 for all Cruze models. These include a remodeled front fascia, modified head-lamp interiors and fog lamps, and new wheel styles on the exterior and refinements to the center console and a greater choice of seat finishes for the interior.
New Cruzes are equipped with keyless entry, allowing access the vehicle with the key safely tucked away in a bag or pocket. Additionally, the system allows the engine to be turned on or off by pressing a button without the need to insert the key into the ignition.
A brand-new Chevrolet infotainment system, called MyLink, is being introduced in higher trim levels in the Cruze line-up and in the Chevrolet Aveo as of summer 2012. It brings owners’ smartphone capabilities into the vehicle.
MyLink aggregates content from the smartphone onto the seven-inch diagonal high-resolution full-color touch-screen display. Once the smartphone is connected, personal playlists, photo galleries, phone books, videos and other stored media and data, such as a special navigation app, can be accessed though the infotainment system touch-screen.
Chevrolet is General Motors’ largest global brand with annual sales of more than four million vehicles in more than 140 countries. It is the fourth biggest global car brand in terms of sales and also one of the fastest growing brands in the world. Chevrolet cars combine bold design, performance, innovation and practicality. They provide outstanding value for money. Established in the U.S. by Swiss émigré Louis Chevrolet in 1911, the brand celebrated its centenary in 2011. The brand was re-launched in Europe in 2005. It is represented with a total of 2,500 sales and service outlets in Western and Central Europe. The European Chevrolet line-up includes the Spark city car, the small Aveo sedan and hatchback, the compact Cruze sedan and hatchback, the Orlando family van, the Captiva SUV, the legendary Camaro and Corvette sports cars and the extended-range Volt electric car. In 2012, Chevrolet is launching the Cruze station wagon and the Malibu mid-size sedan. More information on Chevrolet can be found at www.chevroleteurope.com or media.chevroleteurope.com.
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December's NPD top 10 list, Gran Turismo 5 sold 560,500 units last month in the US and Canada. IndustryGamers got the number straight from the NPD Group -- a number which looks like an apparent dropoff from Sony's late November launch numbers, which heralded 5.5 million units shipped worldwide, 1.25 million of which were in North America alone.
And hey, let's not kid ourselves: a good amount of December's "sales" figures are also accounted for in November's "shipped" figures. All of them, in fact -- 1.14 million copies of Gran Turismo 5 have been sold in the US and Canada thus far, a representative from NPD told us this afternoon, leaving approximately 110K copies from the initial shipment still on store shelves.
That said, plans for periodic support in GT5 were highlighted by developer Polyphony Digital as recently as last month. Add that to the fact that the 2011 Formula One season is just around the corner, and we'd say it's likely that racing fans will continue to pick up the game as early 2011 progresses.


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PepsiCo, the American giant specializing in the food industry, has chosen Tetris to assist it in the development of its premises.
The company, eager to transform its working environment, wanted to create spaces in its image. Several signage elements can be found throughout the offices, taking up the iconic advertising campaigns of the company’s different brands.
The colours have also been carefully chosen to be in harmony with them, which is particularly noticeable on the furniture.
We also note that the spaces are now more vegetalized: there are stabilized trees on the furniture, a vegetalized ceiling on some spaces, suspended plants and a wooden layout perfectly in line with the “natural” atmosphere of the project.


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Mike Novogratz, the owner of Galaxy Digital and an ex-Goldman Sachs partners claimed that the top crypto Bitcoin will end up being the “digital store of wealth” in the future, in a meeting to Bloomberg on December 18.
Describing the year’s bear run as a “bubble” and also the “beast improvement” which caused major coins losing loads of market cap, Novogratz describes this as a “mania built on something that was actual.”
Aiming to the future of the crypto world, the previous Goldman Sachs executive has an extremely “useful” strategy and also is buoyed by the progress being made on 3 fronts, the modern technology side, the business side, as well as the institutional side.
” I assume it will be Bitcoin that will certainly be the digital store of value,” claimed Novogratz still certain on his affirmation that the top cryptocurrency that holds over 54 percent of the international coin market will certainly end up being a global ubiquitous currency. Adding on to the decentralized developments that will emerge in the future, he said, “we will certainly have Web 3.0, this decentralized worldwide computing system that refines and validates data.”
The procedure of tokenization is likewise speeding up with Novogratz pushing for even more “tokenized things” in the future, from “LP interest in funds to arts.”
Constantly the Bitcoin bull, back in October, Novogratz forecasted that the top crypto would certainly escalate to $10,000 by the end of the year mirroring the late-December 2017 bull run. When the BCH hardfork pushed the market cap down by $25 billion and also Bitcoin by $1,000, he backtracked as well as predicted that despite the loss, Bitcoin would certainly float close to yet not touch $9,000.
Novogratz, in very early December, compared the crypto industry to a “methadone clinic.” He mentioned that the Bitcoin late-2017 rise, which saw a price increase to practically $20,000, “a medicine.” He additionally mentioned that the “target market is extra sober currently, the drug is gone” in reference to this year’s bear market with its apex in November.
The past few days have actually stimulated favorable signals for Bitcoin, with the crypto rising to near $3,800 adhering to a weekend break low of $3,300. Bitcoin’s surge has actually secured a market growth, with significant coins delighting in a sea of eco-friendly and also the cumulative market cap increasing from $103 billion recently to $122 billion at press time, according to CoinMarketCap.


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The cinematic commercial highlights the various Guardians' abilities and their power to overcome any situation by working together.
On recommended settings, players will need at least either a GTX 1660 Super or a Radeon RX 590, along with 16 GB of RAM.
Get an extended look at how combat works, as well as a big boss battle, with a lot of new footage.
Possessing cosmic energy manipulation and immortality, Warlock is known for assisting the Guardians in several comic book stories.
Square Enix has released a launch trailer for the upcoming action-adventure title a couple of weeks ahead of its actual release.
Several months after nerfing XP gains and more than a year after promising no gameplay paywalls, XP boosters are now available in the game.
Star-Lord and the Guardians engage in a tense conversation with the telepathic dog, and also play a little bit of fetch.
Eidos Montreal's fresh take on Guardians of the Galaxy is almost here- here's what you need to know about it.
10 years later, Deus Ex still stands tall as one of the best in the franchise and one hell of a game.
Diffuse Illumination, HDR and Wide Color Gamut, and support for Nvidia DLSS AI Performance Boost on PC has also been confirmed.
Developer Eidos Montreal provides brief overviews of various facets of the game, including combat, exploration, and more.
Eidos Montreal's upcoming action-adventure title shows off various facets of gameplay in new footage.
Eidos Montreal wraps up development on Marvel's Guardians of the Galaxy ahead of its launch in late October.
Eidos Montreal's upcoming action adventure sees the Guardians running into all kinds of threats across various systems.
The long-awaited hero arrives alongside the game's first raid, which features "custom-crafted layouts" and new enemies called Echoes.
Eidos Montreal's Guardians of the Galaxy releases next month, and might just be one of this year's finest experiences.
The game's download size on PS5 will be 41.234 GB without the day one patch, with pre-loading being available starting October 24.
Jean-François Dugas says that putting people in the middle of the dynamic of the other characters as a 'leader of misfits' felt like an interesting design choice.
DICE's Battlefield 2042 will be bundled with GeForce RTX desktops and laptops while supporting Nvidia DLSS and Reflex.
Senior creative director Jean-François Dugas says the action-adventure title was already "deep in production" when Avengers came out, and decisions regarding DLC had already been made.


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First Holland makes the Segway street legal, and now Japan is outfitting the elderly with robotic enhanced legs.
Okay, so maybe that last bit is a stretch. But Autoblog is reporting that Honda will unveil its "walking assistance device" at next week's Barrier Free Equipmment show in Osaka. The lithium-ion powered wearable is designed to assist the disabled with -- you guessed it -- walking.
Looking at the pic (right), it's clear that this isn't on par with, say, Tony Stark's Mark III armor. However, the W.A.D. is still an impressive application of Honda's on-going interest in robotics. According to the company release, the same technology that keeps its ASIMO robot upright is used to stabilize W.A.D. wearers:
Even though the specs look impressive, there's still a detail that bugs me. What about knee support? If you happen to be in Osaka next week, be sure to stop by the show and fill me in on this gray area.


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Virtual instruments for iPhone / iPod Touch / iPad news
- 03/04/16Hot news
Version 1.5 of Akai's iMPC Pro now available
Akai has released version 1.5 update for its iMPC iPad app.
- 02/21/16Hot news
iMPC Pro goes 1.5
Akai has announced the update to v1.5 of their iMPC Pro iPad app.
- 02/01/16Hot news
These iOS synths have the power to rival desktop virtual instruments
If you haven’t looked at iPads lately, you may not realize how powerful they’ve become. In terms of processing speed, the iPad Air 2 is as powerful as most laptops, and the iPad Pro’s 64-bit A9X processor is almost twice as fast as that. App developers have taken notice and are creating synths that take full advantage of faster iPad processors. ...
- 01/20/16Hot news
[NAMM][VIDEO] Earth Moments Rututu
2016 edition of NAMM welcomes app and software developers, and many small companies have the opportunity to introduce their creations.
- 12/18/15Hot news
Roli releases Seaboard-inspired Noise 5D app
Roli has released Noise 5D, a free iPhone app that uses the iPhone 6S's 3D Touch technology.
- 12/04/15Special price
UVI's Beathawk and expansions up to 50% off
For the end of the year, UVI offers its Beathawk virtual studio for iPad at half price, plus up to 50% discounts on all Beathawk expansions.
- 11/10/15Hot news
VirSyn releases Poseidon Synth for iPad
VirSyn introduces Poseidon Synth, a spectral model synthetizer for iPad.
Launchpad for iOS 'Remix This' Competition
Novation has announced a Launchpad-based remix competition using a brand new, especially created pack.
- 09/01/15Special price
50% off 3 Arturia synths for iOS
Arturia closes their summer special sale with a discount off their three iProphet, iMini and iSEM virtual synths for iPad.
UVI updates Beathawk to v1.1
UVI announces the availability of v1.1 for its Beathaws music sequencer app for the iPad, which now allows for importing files from the Cloud.


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In November, free agent quarterback Colin Kaepernick held a private workout in Atlanta, showcasing what attendees described as NFL-caliber ability in front of scouts sent in by a handful of franchises. Kaepernick, 32, last played in 2016 and has essentially been blackballed from the league after making headlines for kneeling during pre-game playings of the national anthem in protest to police brutality.
Before taking the field for his workout in Nike Vapor Untouchable Pro cleats, Kaepernick arrived in a mysterious pair of Air Force 1 Lows, styled in black and white, with a gradient-faded Swoosh and icy translucent sole. We're told that the shoes are an upcoming Kaepernick collaboration that feature several Kap-inspired personal details. Fellow NFL player and friend Eric Reid also wore a pair to the workout.
Kaepernick was famously reintroduced as a Nike pitchman in Sept. 2018, when the brand unveiled him as the face of its 'Just Do It' campaign. While not officially announced, a source tells us that Kaepernick's Air Force 1 Low will likely release sometime in December. We'll keep you posted with new information as it becomes available.
UPDATE (11/17): A better look at Colin Kaepernick's Nike Air Force 1 Low collaboration featuring a CK7 logo on the tongue and silhouette logo on the heel. Via Eric Reid.
UPDATE (12/15): New photos of Kaepernick's upcoming Air Force 1 collab reveal interesting details—most notably that the date of his first kneeling in protest of police brutality, August 14, 2016, is visible on the outsole of the right shoe. Additionally, the shoe's gradient look is borrowed from the pattern that adorned Kaepernick's preferred cleats, the Nike Vapor Untouchable Pro, which we wore during that season. As of now, the release date is tentatively set for Dec. 28.
UPDATE (12/21): Nike has officially announced Colin Kaepernick's "True To 7" Air Force 1 Low, which will release in North America in adult, toddler and little kid sizes on Monday, Dec. 23 at select Nike retailers and through SNKRS. Global launches will follow.
Colin Kaepernick x Nike Air Force 1
Release Date: Dec. 2019
Style #: CQ0493-001


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Continuing to expand its “no appointments” necessary concept throughout the Atlanta area, Fantastic Sams announces the opening of its newest salon at 13077 Highway 9 North, located in Deerfield Place, in Alpharetta. The industry leading brand is looking to open an additional 15-20 locations, in the next five years.
The Alpharetta expansion announcement is part of an aggressive national growth strategy to accelerate the company’s franchising program and nearly double the number of salons in the next five to seven years. Currently, Fantastic Sams has nearly 1,400 salons operating in the United States and is targeting growing metropolitan areas where Fantastic Sams has already built a significant brand presence.
“We’re proud to be a part of this growing community and building upon our strong history, rich heritage and loyal customer base,” said Jeff Sturgis, Vice President of Franchise Sales for Fantastic Sams. “We look forward to offering the highest quality salon services to our guests.”
Already a big player in the $59 billion hair salon industry, Fantastic Sams offers a full range of hair salon services catering to men, women and children of all ages.


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Super Talent preps super-fast PCIe flash drives
Looks like Fusion-io won't be the only one with mind-blowingly fast PCI Express solid-state drives anymore soon. Super Talent has announced the RAIDDrive,...
OCZ cooks up new SSDs and a beefier Silencer
CES — OCZ will be expanding its SSD lineup in 2009 with a focus on multi-level cell flash. Rather than rebranding units from other...
SuperTalent intros $699 120GB solid-state drive
Notebook makers like Apple and Lenovo have shown that solid-state drives can be superior alternatives to hard drives for ultra-thin laptops, thanks to their small...
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|Arkham Knight requires at least 2GB of graphics memory||114|


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Microsoft claims its new licensing scheme greatly simplifies licensing for corporate customers, but those customers aren't happy with Licensing 6.0 and they're looking elsewhere:
Fifty-five percent of IT managers surveyed in a recent poll were considering other vendors and options as a result of Microsoft's changes to its licensing model.The new licensing scheme has been criticized since it was announced, and Microsoft may have to lose a large chunk of market share before they change it. Until that happens, if it ever does, there's a sizable window of opportunity for alternatives to Microsoft products.
The survey, conducted through ZDNet Australia's IT Manager Update newsletter, also found that 15 percent of respondents were still investigating implications, with another 15 percent indicating that the changes would result in spending cuts elsewhere. Only five percent of respondents felt that they wouldn't be affected by the changes.
Free and open-source software obviously spring to mind, but going with free software might be a too big of a step for some corporations to take. Instead, alternative, commercially available software might flourish, in addition to companies built around supporting open-source or otherwise freely available software. Such companies could be instrumental in providing corporations with support and expertise for non-Microsoft products.
|Silverstone's Strider Titanium PSUs are ready for a high-power future||11|
|VR180 video bridges the gap between YouTube and VR||0|
|Steam 2017 Summer Sale, part deux||15|
|Deals of the week: Z270 mobos, spinning storage, and more||4|
|G.Skill readies up for X299 with quad-channel DDR4 at 4200 MT/s||16|
|Asus' VivoBook S510 is an ultrabook for the budget crowd||16|
|Windows Insider Build 16226 gives users a look at GPU utilization||24|
|Steam's 2017 Summer Sale is downright hot||49|
|Asus XG-C100C NIC breaks the gigabit barrier||34|


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The measures taken against coronavirus in Turkey has also affected consumer behavior, especially contactless shopping has increased. In March, disinfectant orders have increased by 54 times from the internet, while ‘masks' became the price hike champion. The majority of shopping is made via e-commerce and it is now possible to track the products sold on the internet instantaneously via the map of Turkey.
*** This release is originally published in Turkish.
Google Translate Application translates the content you see on this page.***
ISTANBUL (TR) - Following the measures taken against the coronavirus pandemic, all activities requiring physical contact decreased while consumers turned to contactless e-commerce sites. The contents of the carts changed rapidly, especially in online shopping. Turkey's leading e-commerce infrastructure provider IdeaSoft examined the orders from more than 8,000 e-commerce sites in order to demonstrate the change in online shopping habits in March with January. Disinfectant sales increased by 5.413%, with the intense interest of citizens seeking ways to protect themselves from the virus. High demand has also affected the prices; mask prices increased by an average of 520%, and thermometer prices increased by 139% in March.
According to the report of IdeaSoft that examines the effect of the coranavirus on e-commerce and consumption habits, the number of hygiene products, including disinfectants, masks, colognes, gloves and wet wipes, that was purchased from the internet increased by 6.5 times in March. The disinfectant products, which ranked first with a record increase of 5.413% in terms of quantity, were followed by a mask with 3.224% increase, cologne with 1.148%, thermometer with 512% and gloves with 286%. Those who want to strengthen their immune system turned to vitamins and supplements. Compared to January, the total number of products sold in this category increased by 177% in March.
The research also showed a change in the unit prices of the products with increased demand. Compared to January, mask became the product with a record price increase of 502% in March. Masks were followed by thermometers with a price increase of 139%, gloves with 64% and wet wipes with 55%.
Stating that e-commerce is the way out today, where it is very important to stay at home and to minimize physical contact, Seyhun Özkara talked about the site they launched to support SMEs and entrepreneurs. Özkara said, “As IdeaSoft, in order to guide SMEs and entrepreneurs, we have launched a website where they can follow Turkey’s e-commerce journey momentarily and transparently. This site can be accessed from canli.ideasoft.com.tr to track what is currently sold on the internet, the cities where the products are most in demand, which product is sold at what price for the first time in Turkey. In this way, we aim to support e-commerce activities and increase the value that contactless shopping will add to our country's economy, especially during this difficult pandemic period.
Contact: Tülay Genç | [email protected] | +90 (850) 885 12 55


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Late October Opening Set for Rural King at OV Mall
Do you like popcorn? Or enjoy a cup of coffee for a pick-me-up during a shopping excursion?
An affirmative answer to either or both of those questions should make you a pleased shopper at the newest store scheduled to open during the latter part of October at the Ohio Valley Mall complex.
“As soon as a shopper comes in our door, he or she will be offered free popcorn and a free cup of coffee regardless of the time of day,” exclaimed Evan Schimmel, who is an assistant manager of the Rural King store that has begun moving merchandise into the Mall Ring Road Building that previously had been a home to Hills and Ames department stores.
“Free coffee and popcorn will be available all day, every day,” Schimmel exclaimed.
Offering the freebies is a 50-year tradition with Rural King, which opened its first store in 1960 in Mattoon, Ill. Since then it has opened 55 stores in seven Midwestern states – Indiana, Ohio, Michigan, Missouri, Tennessee, Illinois and Kentucky.
Schimmel was at the new store site all last week, conducting a jobs fair with the intent of employing from 45 to 60 individuals to fill full and part time positions as managers, department and assistant managers, customer service, receiving and sales associates, cashiers, small engine repairmen and other positions in preparation for a grand opening of the store tentatively scheduled for Oct. 26.
More than a dozen employees had already been employed Monday on a full and part time basis to begin stocking the shelves with merchandise in the 80,000 square foot building that sets apart from the main mall shopping center and is located adjacent to Jo-Ann Fabrics & Crafts. “We’re hoping to have 30 to 40 people employed in the next few days to get the store ready,” Schimmel noted. “Then those employees can stay on board as full or part time employees.”
Although the jobs fair ended Friday, Schimmel said the search for employees will not stop. “We will continue accepting applications. We are always looking for qualified applicants.”
A soft opening for the store has been set for Oct. 22 and a grand opening on Oct. 26. “That’s the schedule right now but it could change,” Schimmel pointed out. That would depend upon several factors including how rapidly the wide variety of merchandise handled by Rural King is set in place.
“We specialize in farm equipment and home products. We’ll have everything from horse feed, chicken feed and farm equipment to housewares, fashion and work clothes, food, automotive and toys,” Schimmel explained. “Our larger products like farm tractors, tillers and all types of other farm equipment will be kept outside the store.”
Schimmel noted he had a fairly good turnout of job seekers at the job fair. “There were a lot of them who were looking for a second job.” He said measures were taken to accommodate such schedules.
“We’re looking to be a pillar of the community,” Schimmel declared, “and we strive to offer a better product.” He said that will be evident when the store opens. “We’re planning on having some great grand opening day specials, then follow that up with daily specials.”
Schimmel was employed with Rural King four months ago at a store in Indiana. But since his new assignment to Belmont County his new home is in the East Ohio area. “I found a home in Yorkville. My girlfriend and our 2-year-old daughter will be coming here with me.”
Yorkville is also where the store manager, Larry Pickett, has made his home. “I’ve been here about a month and a half,” Pickett told me on Friday. “In fact, I helped Evan get his place. He’s moving in today (Friday).” Pickett, who was busy elsewhere on the day I talked to Schimmel, told me Friday that close to 100 people were interviewed during the jobs fair.
Kim McGlothin of Bethesda is a typical example of one of the many prospective employees interviewed during the Rural King event, looking for a second job to supplement her income.
She was one of the first to be employed by the store. “I was hired right away and started work on Monday. This is my second job,” McGlothin explained. “My other job is in Wheeling.”
Her work shift at the present time at Rural King starts at 7 a.m. and ends at 3 p.m. Her job at a halfway house in Wheeling starts at 4 p.m. and ends at midnight.
My obvious question to her was when do you sleep? Her quick answer was that she’s used long hours because she completed her college requirements on a similar schedule. “When I was in college at Belmont Tech I worked 40 hours a week while taking 18 to 20 credit hours a quarter. So this is no problem,” she exclaimed, gesturing toward the stack of boxes containing merchandise that had to be shelved as soon as she took her work break.
And McGlothin added she has every intention of staying on the job after the store opens for business.
A proposed one-year contract that would have united the Faith in Action Caregivers Inc. of Wheeling program with the Department of Jobs and Family Services for improvement of its Senior Services program at an cost of $51,000 has been rejected by the Belmont County commissioners, pending further study. The contract would have extended from Sept. 17 through Aug. 31, 2013.
Commission president Charles Probst Jr. informed officials of both the DJFS and the caregiver program that while he was not totally against the additional services that would be provided under the contract, he would vote against the measure to await a ruling from the prosecuting attorney on the legality of such a contract.
“We want to get an opinion from the prosecutor’s office before we approve such a contract,” Probst pointed out later. He was taking that stance because several years ago a similar proposal was advanced to have the Faith in Action program provide services and the prosecutor’s office ruled against it.
Commissioner Ginny Favede joined Probst in opposing the contract until a legal opinion is received. She also expressed concern over increased operational costs since a coordinator would have to be employed to carry out the additional care program. All of the $51,000 would come out of levy funds approved by voters for the Belmont Senior Services.
DJFS director Duane Pielech was outspoken is his praise for such a partnership, claiming the services provided would greatly improve in-home care, cleaning and other services for the elderly citizens whose total numbers continue to increase in Belmont County.
Mead Township trustees, Shadyside Village officials and representatives of the Shadyside Volunteer Fire Department will get together on Wednesday for an informational meeting in their efforts to get public support for the creation of the OR&W Fire District that would encompass the village and township.
This will be the third of four informational meetings being held throughout the affected area to inform residents of the proposed fire district which officials of both entities have strongly endorsed as a means to greatly improve fire fighting efficiency in the area.
At one of the recent informational meetings, Shadyside Fire Chief David Lenz said creation of the fire district would be a valuable asset because of the dwindling numbers of volunteers and because of the increasing cost of maintaining a volunteer unit and firefighting equipment. . With passage of a 4-mill levy at the November general election, sufficient funds would become available to have a paid department comprised of full and part time firefighters.
The levy issue would not be a totally new one. At the present time Shadyside has a 2-mill levy in effect for operation of the fire department. It would be replaced by the 4-mill levy if approved by voters in November. Mead Township has a one-half mill levy in effect to support its contract with Shadyside for firefighting services. It would be replaced with the approval of the 4-mill levy. In both cases, the current levies would remain in effect if the levy issue should fail to pass in November.
Additional information about the levy issue will be outlined at the Wednesday meeting, which will be held at 7 p.m. at the former Valley Inn in Dilles Bottom. Mead Township trustee Ed Good is urging all residents of the township as well as Shadyside residents to attend the informational session.
As work is moving at a fast pace to complete the inside renovation of the Ohio Valley Mall, heavy equipment last week started grinding up the asphalt surface in sections of the huge parking lot surrounding the retail center to prepare it for re-paving. Parking areas on the north side of the complex near Kmart and also on the western side opposite Crafts 2000 were roped off for the initial phase of the resurfacing project.
Inside the mall, work has been completed in the initial phase of the renovation in the Sears corridor. Plastic curtains that were rolled up above the entrances to stores so they could be lowered for dust protection during night working hours have been removed and the carpet flooring put in place for the entire length of the hallway.
Al Molnar can be reached via email at: email@example.com.


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Oregon has officially joined the fight against organized retail crime (ORC), joining the ranks of the many state organizations across the country in efforts to help combat this growing problem.
In 2019, a group of dedicated corporate investigators, law enforcement, crime analysts, and prosecutors came together to create the Organized Retail Crime Association of Oregon (ORCAOR), a nonprofit corporation serving as a private/public partnership to battle these criminal enterprises. The private sector, often victimized by these crimes, has provided their expertise and support, while law enforcement has increased their efforts to apply their investigative skills, tools, and legal authority to hold these criminals accountable, while working hand-in-hand with prosecutors to ensure best practices in enforcement and the construction of viable criminal cases.
A secure website, complying with data privacy law, has been established so that members can share real-time crime information and intelligence on these groups, enhancing the identification of offenders and targeting the criminal enterprises involved. ORCAOR strives to increase operational efficiency and effectiveness by minimizing redundancy and maximizing investigative potential through regional information meetings held on a quarterly basis, on-going training seminars, public policy initiatives, and an annual conference.
The Organized Retail Crime Association of Oregon (ORCAOR) is excited to create an outlet for law enforcement and retail to bridge the gap in our investigative efforts, creating a platform where information can be shared on a real-time basis. The board consists of law enforcement, retail investigators and district attorneys.
Through a multi-jurisdictional and discipline approach, ORCAOR seeks to provide the platform to improve the investigation and prosecution of ORC and related organized crime cases, maximize the retention and recovery of assets, centralize intelligence, combine resources, increase trust between the public and private sector, and make our businesses and neighborhoods safer and more profitable places.
Although only recently established, ORCAOR is already showing great success. Several ORC-related subjects and groups have already been identified and subsequent arrests have followed due to the productive and effective relationships created through these joint efforts.
ORCAOR is a statewide crime-fighting partnership and is open to all members at no cost. This alliance allows retailers, financial sector, prosecutors and law enforcement to communicate about criminal activity impacting businesses on a real-time basis while preventing other partners from being victimized.
To learn more and to become a member, visit the ORCAOR website.
Click here to view Organized Retail Crime Associations: The Complete List


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One of the Sun‘s erudite columnists has sparked a debate over the life expectancy of the Guardian, claiming that the newspaper of the year award winner will not survive the next ten years.
Kelvin MacKenzie, former editor of the tabloid, congratulated the Guardian on its award victory, before pointing out that on Monday its circulation had fallen “to an all-time low of 200,000”. He added: “Over the next month, my bet is that it will plunge even further and within a decade will have ceased publication entirely as its losses – around £40 million a year – become unsustainable.”
MacKenzie’s glee in seeing a competitor such as the Guardian face sinking circulations is no surprise, seeing as he has labelled it the “world’s worst newspaper” in the past, but a response from SEO consultant Malcolm Coles adds a less-biased cause for doubt over the future stability of the paper.
In his response, Coles praises the Guardian‘s investment in its digital future, but a simple graph points out that the paper isn’t letting him give him the same kind of money he did when he purchased a physical copy of the paper every weekday. In fact, now that Coles has gone all digital, he has gone from paying £230 a year for the paper, to just £4.
He says: “The collapse in what I pay is because I read most of the news for the next day’s newspaper on the Guardian website on my iPad the evening before. And I read anything new on my iPhone on the way to and from work. The newspaper has nothing in that I need.”
Coles admits he would “happily pay more than £4 a year for its iPhone app”. The first way the paper can attempt to recoup some of the lost money made by readers like Coles digital switch is to examine its price point. It might not save the paper, but Coles makes a good point that, although the Guardian‘s digital innovation has been successful, it is at the cost of low (and more lucrative) physical sales.
Photo taken by Flickr user psd, licensed under Creative Commons.


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Many stores have come and gone in the downtown. It's a business culture that's constantly changing. So, what's the secret?
John Natoli and his business partner Fred have had their small antique business downtown for more than forty years.
"Seems like a million years," said Natoli.
And while he describes their shop as more of a hobby, the very "on and offish" business is a blessing in their eyes.
"I love it even though some months will not be great it still gets us by and keeps us happy," said Natoli.
Although he and his business have thrived many of his neighbors have come and gone quickly. Including a small shop just a few doors down. Once Bees and Buttercups the space is now a coming soon antique store.
"Apparently, it is tough to survive downtown," said Natoli.
"Yes, you are going to have some come and go," said William Whitson, Director of the CRA downtown. "We hate that, but all in all I think we've gained more than we've lost."
Bigger businesses have bigger pockets, says Whitson, and that is something small businesses must work around to survive.
"With smaller businesses they are operating with smaller staff, and smaller margins," said Whitson. "But, that doesn't mean that they cant be successful they just have to be very strategic."
Natoli says while "Friday Fest" is a good idea, the crowds don't come back during the rest of the week and he grew tired of opening his doors just so the crowd could use his restrooms.
"If my complete livelihood depended on this," said Natoli. "It wouldn't do it."
But discouraged is not in Natoli's dictionary, wherever that may be in his cozy downtown antique shop. He says it's hope that keeps him running.
"I'm never discouraged," said Natoli. "I'm always hopeful and that's how you learn to live a long time by continuing to be hopeful and trust that the people who are paid a lot of money to bring business downtown will be successful and hit the right... well you know."


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Popular Food Coloring is Recognized As Dangerous in Europe
OREANDA-NEWS. The European Food Safety Authority (EFSA) no longer considers the common artificial color E-171 to be a safe food additive. This is stated in a press release from the department.
E-171 is a titanium diosxide. It gives products an attractive appearance and extends shelf life. In addition, titanium dioxide is used in the manufacture of varnishes and paints, ceramics, glass, rubber, paper and plastic, cosmetics, medicines and hygiene products.
Lead expert Majed Younes said, “Taking into account all the available scientific research and data, the panel concluded that titanium dioxide could no longer be considered safe as a dietary supplement. about genotoxicity (the ability of a substance to damage DNA) after ingestion of titanium dioxide particles. When ingested, the absorption of titanium dioxide particles is low, but it can accumulate in the body. "
The EFSA also noted that it can no longer establish a permissible daily intake for E-171.
Previously, the sale of products with titanium dioxide was banned by France. The European Commission and Member States intend to review the findings of the EFSA and decide on consumer guidelines and regulations.
It is noted that the European Commission and Member States will now analyze the EFSA findings and decide on consumer guidelines and regulations.


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NBC Universal signed a deal to use Rentrak's newly launched Digital Download Essentials service, which will track and report on NBCU's TV content purchased by consumers and downloaded via the Internet.
Rentrak said NBCU, among other studios and networks, has been testing out the Digital Download Essentials. The service collects anonymous data as part of tracking and auditing NBCU's electronic sell-through and rental business through multiple licensees.
"The Digital Download Essentials service gives NBC Universal access to valuable reporting about what television content our customers are purchasing via the Internet," said Michael Bonner, senior vice president of NBC Universal Digital Distribution. "With the addition of this service, we have the data needed to make strategic business choices across multiple platforms."
Rentrak provides research for other NBCU business units including theatrical distribution, home entertainment, on-demand television content and mobile content.


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Savers pile into America: Investors flock to funds with heavy exposure to the booming US stock market
Investors are flocking to global funds with heavy exposure to US stocks
Savers looking to take advantage of America’s booming stock market have helped AJ Bell attract customers over the last year.
Investors flocked to global funds with heavy exposure to US stocks, the investment platform revealed, as markets across the pond bounced back quickly following the coronavirus lockdown.
British savers have been keen to put their spare cash to work during the pandemic, as many have found themselves spending less due to reduced travel and fewer trips out.
AJ Bell saw 62,925 customers join its platform over the year to September, bumping its total up to 281,094.
They invested £4.1billion of their money, meaning AJ Bell is looking after £46.7billion of savers’ cash on its platform – up 11 per cent on the same time last year.
The average age of its customer has fallen from 44 to 38 over the past 18 months.
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The luxury chain has been battling the luxury malaise.
The city has not lost its sizzle, once again led by Prada and Gucci.
Raf Simons, Christian Louboutin, Marco Zanini and a host of other designers attended.
The vote at the annual general meeting Friday is non-binding.
Known as Stacey G, she is among the most in-demand spin instructors at the New York studio, and getting in to her classes is tough.
Many brands showcasing their wares during Paris Couture Week conjured the spirit of the Roaring Twenties.


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A PROVENANCE toolkit released by AgriFutures Australia today aims to help farmers and other rural businesses stand out from the crowd by telling their stories.
AgriFutures Australia said consumers want to know where, how and by whom their food and fibre is produced.
It said AgriFutures Australia-funded work has confirmed that building provenance through storytelling is a critical strategy for bringing brands and products to life, but also offered the practical tools to help small business achieve it.
The provenance toolkit, developed by agricultural market research and digital marketing experts Honey and Fox, offers a suite of practical resources available for download via the AgriFutures Australia website.
The toolkit is aimed at Australian producers who want to build an impactful provenance narrative for their food and fibre business and share it with current and prospective clients, AgriFutures Australia said.
AgriFutures Australia’s senior manager, business development, Jennifer Medway said producers needed to constantly innovate to keep pace with changing consumer wants and needs in often crowded marketplaces.
“Giving consumers line of sight to where and how their food and fibre is produced is no longer a strategy reserved for small boutique businesses.
“Market insights from the research showed how producers can take their own production stories and turn them into successful marketing strategies,” Ms Medway said.
“The resources in the toolkit are designed to walk businesses through the process making it easy to start your storytelling journey.
“We’ve kept the focus on producers by creating tools and templates that are tailored for small to medium-sized food and fibre businesses,” she said.
“They equally fit with family farms to sole traders; you don’t need an army of communications specialists to make this work for you and your rural business.”
The toolkit has been released with the report Consumer Trends and Storytelling Technologies that explains that people are wired to connect with stories, which is why telling stories is good for business.
AgriFutures Australia said as the physical and psychological distance between consumers and their source of food and fibre products widens, there is increased demand for provenance information and assurance.
The consumer trends report detailed the platforms and technologies currently available to get provenance stories to the consumer, with the accompanying case studies demonstrating the practical application to rural businesses.
Food and fibre producers are being encouraged to explore the suite of provenance resources including the Consumer Trends and Storytelling Technologies report, case studies, guidelines and templates to start creating and sharing their provenance stories.
Click here for more information on consumer trends, technologies and platforms; provenance storytelling guidebook, and; producer templates for provenance storytelling. The resources include a number of Youtube videos featuring various provenance case studies.
The Consumer Trends and Storytelling Technologies report and accompanying toolkit are available via the AgriFutures Australia website: https://www.agrifutures.com.au/rural-industries/provenance-and-story-telling/
1. The NDP Group/CREST retrieved from https://www.go-wine.com/food-and-beverage-news-850-australia-food-origin-the-most-important-factor-for-consumers.html
Source: AgriFutures Australia.


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CVS/Pharmacy opens at Parkesburg, Pa., center
Parkesburg, Pa. — CVS/Pharmacy recently opened a 7,940-sq.-ft. store at the Parkesburg Shopping Center in Parkesburg, Pa. CVS purchased the business of the location’s previous occupant, Longenecker Pharmacy, an independent, family-owned chain.
The 56,652-sq.-ft. development is exclusively leased and managed by Levin management. The center serves a population of more than 34,600 people within a five-mile radius. Average household income is more than $67,500. Daily traffic count is about 23,800 vehicles.
CBRE sells Albuquerque retail center — again
Dallas — CBRE’s National Retail Investment Group www.cbre.com has arranged the sale of Cottonwood Commons on behalf of Columbus Pacific Properties www.columbuspacific.com. The 191,893-sq.-ft. Class A retail center in Albuquerque sold to Cole Real Estate Investments www.colecapital.com.
In 2010, CBRE marketed the then 84,545-sq.-ft. center in a short sale to Columbus Pacific. At the time, the center was 84% occupied. Since then, Columbus Pacific has expanded the center with the purchase of an adjacent 99,000-sq.-ft. building. The center now consists of four buildings — two large multi-tenant buildings and two single-tenant buildings. In addition to the expansion, Columbus Pacific improved the center with a new façade and pylon sign.
Over the last 12 months, Cottonwood Commons has added Dick’s Sporting Goods, Gordmans, Panera Bread and La Montanita Natural Foods Market, bringing the center’s occupancy to 96.7%.
Rue21 debuts new rueGuy banner; 20 stores due by yearend
Warrendale, Pa. — Teen apparel retailer rue21 has unveiled a new retail concept, rueGuy, with stores in Shore, N.Y., Harlingen, Texas, and New Boston, Ohio. The company plans to open an additional four locations by the end of August, and is on target to open approximately 20 rueGuy stores by yearend.
The 6,000-sq.-ft. rueGuy format has an expanded men’s department, with a broader product assortment and more selling space than a traditional rue21 store. The new format also has a different look than rue21, and features open ceilings, a new layout, and design elements selected to appeal to a male customer while complementing the look and feel of the girls’ departments. Updated signage and lighting elements, polished floor and new fixtures provides the entire store with a dynamic and fresh new look.
“We look forward to growing our already successful guys business with this new store format that will allow us to deliver an expanded assortment of merchandise and accessories to our male customers,” said Bob Fisch, president and CEO, rue21, which operates 959 stores in 47 states. “While we originally went into the design process focused on building the guys business, we are confident that the new store layout, colors and fixtures will improve the shopping experience for all of our customers who are seeking the latest trends at competitive starting price points. We see this as just the beginning of building a new store format for the future."


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Steiner Sports and Mounted Memories have been spirited competitors for years in the rough-and-tumble world of autographed memorabilia, but that hasn't precluded the two giants from occasionally joining forces when a particular opportunity presents itself.
Such was the case with the recent announcement by Dreams, Inc. that Mounted Memories, its wholly-owned memorabilia division, and Steiner Sports, have signed Peyton Manning to a multi-year autograph deal.
"Peyton Manning is the most recognizable face in the NFL today, and is a certain future Hall of Famer," said Ross Tannenbaum, president and CEO of Dreams, Inc. "His off-the-field persona has propelled him to a level of public acclaim shared by only a handful of athletes in all of sports."
Steiner Sports will partner with Mounted Memories to manage and control the vast marketing opportunities for authentic Manning-autographed items. The enterprise has a high-profile public launch: Manning will appear with his brother, Eli, and his father, Archie, as the marquee guest at the March 16-18 Chicago Sun-Times Show at the Donald E. Stephens Convention Center in Rosemont, Ill.
"Mounted Memories and Steiner Sports are the premier brands in the memorabilia industry and among a small and exclusive group of preferred licensees with each of the professional sporting leagues," said Jared Weiss, president of Steiner Sports. "This is a formidable team to control the autograph of one of the greatest athletes of our time."
The joint venture to bring Manning into the autograph arena could be an important marker as the industry copes with the challenge of finding ways to entice the highest-profile stars to spend a weekend signing autographs and posing for pictures.
"I felt it was kind of a landmark deal, in signing Peyton Manning with the two companies together, from the standpoint of the agents," said Weiss.
"No. 1, there are only a few people in this industry who are going to be able to make a deal like this one, a deal of this magnitude, because the marketing agents usually end up bidding the jobs out and getting the most money they can.
"And I think (Mounted Memories and Steiner) just realized in this situation that having the deal that they wanted - Peyton wanted a big deal - was probably too much for just one company to handle, but bringing in two companies would make it less troublesome and burdensome for our companies and also would keep the price points down because we didn't end up negotiating against each other. And that's ultimately what happened," Weiss added.
"I think from a collector's standpoint, we ended up with a lower price point. It's not so cheap, but it could have been a lot more expensive." Peyton signatures at the Sun-Times Show will be $199 for flats and mini helmets, $249 for footballs and $299 for helmets, jerseys, numbers and artwork, and he will be limited to 500 tickets.
"We did a smaller deal with Mounted involving Eli Manning, though we didn't really publicize it as much, but this is a much bigger deal and the first time in this kind of magnitude. We are partnering up on appearances, autographs, the whole thing," he continued. "One of the reasons it works is we have different customer bases; we have some crossover, some of the bigger customers and distributors, but we go into different areas. (Mounted Memories) are very big into their own retail distribution, they have their own Field of Dreams and their websites, and we have our ice cream stores and our retail stores and our website, plus we have a lot of corporate business, which is where a lot of Steiner product ends up going.
"We were both in negotiations with Peyton and we mutually agreed that it was better to work together on this deal," Weiss added.
"We have worked with Steiner Sports on a few player deals over the years, but this is the biggest one we've ever done with them," said Ross Tannebaum, president of Dreams, Inc., parent company of Mounted Memories. "We feel it's a win-win-win situation, certainly for Manning with our superior products and distribution. It's tremendous for both of us, with our own retail outlets, and we'll also be able to compete in some areas as well," Tannebaum continued.
Weiss also pointed out the the idea of joining forces in certain instances can be a powerful tool in their business. "I think it's a trend going forward, and something that you can count on that we are going to try to work together, because otherwise the pricing gets out of control," said Weiss. "Even for retired players, you have guys that want more money. Everyone always wants more money, and this is one of the ways we can maybe help control the costs.
"I know there are some collectors who will say, 'This is the price you guys came up with working together? I can't even imagine what the price would have been if you hadn't worked together.' And the answer is that the price would have been a lot higher, and we would have had to flood the market with autographs.
"We want to keeps things limited and keep things special."
Weiss said there are a couple of players coming up in the draft, guys who have never thrown a pass in the NFL, and they want money "that's just incredible, and this is before you know what team they are going to play for and what market they are going to be in. And they want a lot of money. So we've been saying no a lot.
"And we have more than 20 athletes exclusive at the moment, but at the same time we've said no to five times as many, because the deals just didn't work," he lamented. "And the people have spoken and said that they are only willing to pay so much for autographs, and we tried to listen to that."
And they are always working on finding others, perhaps even for other collaborative deals, but nothing far along enough that Weiss could offer any hints. "This was about getting our relationship going and working together, and figuring out how to play nice in the sandbox together."
The Manning deal is a multiyear pact, length and terms undisclosed, and like his Steiner Sports counterpart, Tannebaum concedes that the big-money climate in the autograph business creates a need for the kind of cooperative arrangement that the two auction behemoths have engineered.
"I do think you'll see us working together in the future," Tannebaum added. "I would say that in this day and age it's getting more and more difficult, and this kind of arrangement spreads out the risk over a couple of companies. And it does bring into play some deals with players that might not otherwise be possible."
The history-making occasion of having the three Mannings signing together at the March 16-18 Chicago Sun-Times Show could end up being the sole opportunity this year to see the Super Bowl MVP signing in that kind of formal setting. "I believe that will be the only show he will be doing this year, so it's a good opportunity," Tannebaum continued. "The contract with Manning doesn't include a lot of personal appearances; we don't believe that's really necessary."
Noting that another autograph and show promotion power, Tristar Productions, had invested in Dreams Inc. in 2005, Tannebaum stressed that the link with Steiner Sports was a continuation of that broader philosophy. "We try to work with the industry leaders, and I think it's very important for us to find ways to work together, because it shows our commitment to getting everybody working together to grow the industry."
- T.S. O'Connell


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Farmers are the original recyclers. Now, a circular food economy project in Guelph is helping farmers and businesses collaborate to find more ways to reduce waste.
Our Food Future aims to build a circular economy in the regional food supply chain, says Wellington County project manager Justine Dainard. The $10 million federally funded effort, launched in 2020, is a partnership between the City of Guelph and surrounding Wellington County.
As Dainard sees it, the current food system is primarily based on a linear model that moves in one direction: production, processing, distribution, consumption and disposal. This linear “buy-release-don’t capture” approach fails to restore nutrients in food by-products and waste, with financial, social and environmental costs.
Circular food systems create cooperative networks to keep nutrients circulating through the system, thus reducing the amount of waste going to landfill.
Building healthy, resilient communities by making nutritious food accessible and affordable to all is also an important part of our Food Future vision.
Dainard says it involves rethinking everything from how we produce food to how we distribute, sell and consume it. “System change is required.”
Our Food Future project identified three main goals at the beginning of the project:
- 50 percent increase in access to affordable, nutritious food.
- 50 new circular food businesses, co-ops and social enterprises.
- 50 percent increase in economic benefits by unlocking the value of waste.
Smart data, technology and innovation are integral components of our Food Future.
The project is a complex of dozens of partnerships, and Dainard says the second goal has already been achieved with more than 100 businesses involved.
Dainard shared some examples of Our Food Future initiatives so far.
Online Resource Exchange Marketplace connects businesses with waste to others with ideas to use it. Dainard says the marketplace can be used to help people locate goods, but also for services like additional cold storage. Most of the participating businesses are located in the Guelph, Waterloo, Toronto and Ottawa areas.
Grocery from SEED, Canada’s first online grocery store of choice, offers low prices and home delivery to make healthy, nutritious food accessible to everyone. Products come from many sources, including suppliers and local farmers. Some items are frozen meals made with leftover food that has been turned into delicious, nutrient-dense products and dishes instead of going to waste. “Equity is built right into the model,” says Dainard.
This year, the FEWD (Food Equity with Dignity) truck will hit the streets. The leftover food will be used by the chefs to prepare food, which will be sold on a sliding scale. In addition to turning pre-consumer food waste into a resource – high-quality food products sent to landfill for various reasons, such as aesthetics or lack of space to properly store and process them. FEWD Truck will provide employment and training for a team of both experienced chefs and those new to the food industry.
A farmer-centered soil health project called Experiential Acres is also being piloted this year because Dainard said they realized what was missing was an “on-ramp.”
Support includes small royalties for each farmer and grants to cover costs such as equipment rental so farmers can test their ideas.
James Craig raises grass-fed Speckle Park beef with his family near Arthur in northern Wellington County using regenerative agriculture. They sell beef directly to the consumer under the Blue Sky Beef label and also sell breeding stock.
To Craig, regenerative agriculture means farming with a net positive impact on the environment. “It’s about balancing what’s good for the animal, the environment, ourselves and the business,” he says. “It’s about making a deliberate decision to improve every year, not just for one season or one crop.”
Although many of the farming practices have been used by their family for generations, Craig says they have only been using the regenerative agriculture label since 2019.
Approved for a grant for the pilot plot this year, Craig believes the flexibility of Experimental Acres will encourage more creative innovation than traditional government funding programs, which are more prohibitive. “It’s what it takes,” he says. “Farmers can try new things and if they work, they can scale up.”
Dainard says Wellington County is partnering with neighboring Dufferin County, hoping the program will be easy for other counties looking to promote soil health.
While the Guelph-Wellington Our Food Future project is at the forefront of the circular food economy movement, Dainard says momentum is now picking up globally, with projects around the world.
As an example, business consultants at Anthesis Provision facilitated a partnership between Guelph-area farms and businesses in 2020 to create a circular meal using repurposed by-products and unavoidable waste.
It started with spent grain, a byproduct of fermenting locally grown grain to make beer at the Guelph brewery. Some of the spent grain went to a bakery to make sourdough bread, some to an insect farm to feed black soldier fly larvae used as feed in trout aquaculture, and fish waste was used as fertilizer by a potato producer. The resulting fish, potatoes, bread and beer were then served in Guelph restaurants.
The Resource Exchange Marketplace is an online business-to-business platform based in southern Ontario to connect producers and businesses who want to collaborate to reduce by-product waste.


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NEW YORK--There are bright summer mornings in midtown Manhattan when tech enthusiasts happily line the streets around the famous Apple "cube" on Fifth Avenue or sneak to nearby carrier stories to land a new iPhone or iPad.
This was not one of those days. It was gray and soggy outside T-Mobile's flagship store in midtown Manhattan this morning, a wet reminder that winter isn't quite over despite what the calendar says. Similarly, T-Mobile hasn't yet succeeded in attempts to move past its own dark season.
But T-Mobile, for once, had a reason to celebrate. Today marked the first time the carrier offered Apple's top-of-the-line phone in its stores. Along heavily trafficked 34th Street in Manhattan, just a block away from Herald Square and the Empire State Building, a dozen people stood in the cold rain in front of the T-Mobile store with minutes to go before the doors opened.
Chris Garron, building a case for mother of the year, made her way from Queens to the store an hour before it opened to buy her 30-year-old daughter and 25-year-old son each an iPhone 5.
"I wanted to make sure I would get the phone," she said. The 50-year-old stay-at-home mother's denim jacket and pink hoodie sweater underneath may not have been the best outfit for standing in the rain,
Garron walked in amid the usual applause of an Apple launch. But instead of the blue-shirted Apple employees, a T-Mobile staff adorned in pink Apple-approved T-shirts greeted her. On the front of each shirt: "iPhone. It's here."
To say T-Mobile is excited about carrying the iPhone would be making an understatement. For T-Mobile, the
Executives concede that the change -- which notably requires consumers to pay full price for their smartphones -- will take time for customers to accept. But they're hoping that the iPhone and less expensive plans are enough to draw people into stores and start a conversation about why it's a good deal.
"We've encountered some confusion," said Larry Petrone, district manager for T-Mobile's midtown Manhattan stores. "When they get past the idea that it's too good to be true, they really like it."
T-Mobile hopes the appeal of the no-contract plans will move its subscriber numbers in the right direction. The carrier released preliminary first-quarter figures earlier this month, having slowed the bleeding of so-called post-paid customers, or someone that T-Mobile defines as a person who pays for service at the end of the month. Itin the fourth quarter. In total, it added 579,000 customers, largely due to its prepaid and wholesale business.
T-Mobile will provide more complete financial data on May 8. A T-Mobile executive told CNET that the carrier likely wouldn't provide figures on iPhone sales until then.
A subdued affair
Today's launch lacked the usual fanfare. There were two other reporters talking to customers, one of whom left early. The employees were welcoming and jovial. Right before opening the doors, Petrone smiled brightly and declared to those in line that "there were only five iPhones in stock," before laughing and reassuring everyone that there were, in fact, plenty to go around.
Of course, this isn't a new iPhone, with T-Mobile playing catch-up and getting the iPhone 5 several months after virtually every other carrier started selling it. But for long-denied T-Mobile customers, this event was just as important.
"I kind of had a feeling they would eventually get it and I was one of the ones willing to wait," said Nene Bah, a customer who has been with T-Mobile for three years.
Bah, who works at a wholesale fashion company nearby ("I might be a little late," she joked), was toward the end of the dozen or so people in line, getting to the store five minutes before the doors opened.
The 24-year-old Bronx native was replacing her BlackBerry 9900 with the iPhone 5.
The launch wasn't without its hiccups. Garron had to wait more than 30 minutes for her iPhones, and the system had apparently gone down, forcing some customers to wait longer. Others were stuck waiting in the store with a white ticket signifying an iPhone order.
T-Mobile tried to set itself up for a strong launch, starting with the unveiling of the "Uncarrier" event late last month. At the event, CEO John Legere touted his iPhone 5 as the most affordable alternative in the industry.
Consumers who pass the necessary credit checks pay just $99 up front, and $20 on top of the service fee each month for the next two years. Consumers have the option of paying off the phone early.
A look at the plan that T-Mobile offers and what AT&T and Verizon offer show savings, although not necessarily to the extent that T-Mobile promises. Still, the company is offering a strong financial incentive to switch.
Some customers, however, aren't quite ready to make that jump to a no-contract plan. Fanidia Shawon, who walked in at 9:24 a.m. ET, said she was sticking to her contract plan since she was part of a family plan with multiple accounts.
Shawon, a 27-year-old licensed optician from Queens, has been on T-Mobile for 11 years, and has never had another carrier. With no inclination to switch, she resigned herself to never owning an iPhone.
"I joked that I was going to get the iPhone 10," she said. "But it came five generations early."
T-Mobile executives told CNET earlier this week that the, even before the iPhone appeared today.
T-Mobile also sweetened the bait by. Customers who brought in a rival iPhone would get their $99 upfront fee waived and see savings of up to $7 a month.
T-Mobile's move to no-contract has made some ripples in the industry, with Virgin Mobile earlier this week offering $100 to customers who switched from T-Mobile by the end of May.
T-Mobile hopes the iPhone launch marks the start of a turnaround for the carrier, which has long lagged behind its three larger competitors. The next milestone of progress for the carrier is its merger with MetroPCS.
But as logical a deal as that appears to be, it has run into interference from MetroPCS shareholders. T-Mobile CEO John Legere, not afraid to speak plainly, called his own institutional shareholders "greedy hedge funds" at the "Uncarrier" event. Several large firms have opposed the deal, and two shareholder advisory firms have recommended investors hold off for a better offer.
T-Mobile's parent, Deutsche Telekom, yesterday made its "now backing the deal." for MetroPCS, tweaking the deal to reduce the debt the combined company would take on. And its largest shareholder, Paulson & Co., is
MetroPCS would supply T-Mobile with additional spectrum necessary to keep delivering the speedy network, important as T-Mobile attempts to catch up to the big leads that rivals such as Verizon Wireless have with their 4G LTE networks.
The company certainly has to prove that its coverage stacks up against the competition. While the carrier talks big when it comes to the speed of its network, some customers are left with a bad impression of the quality of its service, an issue Legere told CNET was a byproduct of past poor performance. He said the carrier was working to change that perception.
For now, it's enough for some T-Mobile customers that it now offers the iPhone.
And what of Garron, who weathered the storm for a full hour before the T-Mobile doors opened? She said she's content with her
"I'm happy with it," she said, "and I don't have any plans to switch."


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Laurens, South Carolina – It was announced Tuesday afternoon that Main Street Laurens is one of only eight Main Street America programs across the nation to receive a Grills Funding for Main Street Revitalization Grant, which offers $10,000 to aid in the recovery from the economic crunch caused by COVID-19.
A nationally accredited program, Main Street Laurens won with its proposal to help the smaller Main Street businesses develop and obtain online presence.
“We found during the COVID shutdown the importance of having an online presence,” Main Street Laurens Executive Director Jonathan Irick said. “Some of the businesses pivoted quickly and some took a little longer, and some still don’t have an online presence.”
With Main Street Laurens’ plan, titled “Technology Audit and Small Business Training,” Main Street Laurens will perform technology audits of each of the Main Street member businesses and then help them move forward.
“Having the ability to take their business online is so important,” Irick said. “We did a consumer survey and 80 percent of those who responded said they would like to see curbside service continue after the shutdown, and so you have to have an E-commerce component. We will be looking at the members’ current online weaknesses, help them identify those areas and strengthen them so that moving forward, they will have a better footing under them in case of any emergency.”
Funds from the Grills Fund will help with workshops and will assist in establishing technology grants for the member businesses that need assistance, Irick said.
According to the Main Street America website which announced the eight winners, the Grills funding grant was named for Joe and Marge Grills of Rapidan, Virginia, who have been long-time supporters of Main Street programming.
“Only accredited Main Street programs could apply,” Irick said, referring to the accreditation credentials the Laurens program earned in late winter of this year. It was the first Main Street program in South Carolina to earn the credentials.
Also selected for the grant were Main Street programs in North Carolina, Virginia, Louisiana, New Mexico, Michigan, Oklahoma and Ohio.


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Web Music Embraced By Industry
- By Paul Majendie
- Jan. 27 2000 00:00
CANNES, France -- David Bowie broke fresh ground when he took to the Internet to give fans a first bite at his new album.
Tori Amos's sales took off when a preview track from her new album was offered to retailers around the world over the Internet.
A posthumous single by Australian singer Michael Hutchence was released to radio stations through the Internet.
Software wizards just keep coming up with cheaper, faster and more secure ways for record companies to appeal direct to their customers.
But Liquid Audio Inc., one of the leaders in a fast-changing field, insisted Wednesday that the Internet does not spell the end of the compact disc.
"The movie industry feared the worst when video came along, cable too. It actually helped to build new markets," said Dick Wingate, senior vice-president of the company based in Redwood City, California. "The same applies with the Internet. The music industry has to come to grips with it," he added.
"The record companies will now have to be good at market savvy," said Wingate, showing off the company's latest wares at Midem, the record industry's annual marketplace that attracts more than 4,000 firms from over 90 countries to this French Riviera resort.
Forrester Research has predicted that the market for digitally downloaded music will grow to $1.1 billion by 2003 and the record industry is certainly undergoing a revolution in the new century.
"Music on Click" was very much the theme at Midem, dominated this week by the news that Britain's EMI Group PLC and Time Warner Inc. are merging to form a $20 billion company with a powerful presence on the Internet.
New formats are constantly being produced and Liquid Audio says technology will benefit the industry because increasingly sophisticated systems can help to thwart the copyright pirates who have plagued the industry worldwide.
For instance, Liquid Audio joined forces this year with the Sony Corp. to deliver digital music to portable audio players over the Internet.
And now more than 6,000 pop bands from 1,000 different labels are using Liquid Audio software to publish or syndicate music for retailers and consumers. The day of the "net browsing" record buyer has firmly arrived.


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It looks as good as its cars.
Alfa Romeo, one of Italy's most famous car brands and manufacturer of modern classics such as the 4C Spider and the handsome Alfa Romeo Stelvio, has been on a bit of a roller coaster ride over the past decade. Once on the verge of bankruptcy, the manufacturer made a triumphant return to the US back in 2013 and has recently been saved by the Stellantis group, which promises to return Alfa Romeo to its former glory. As part of the long walk to recovery, Alfa Romeo has announced that it has opened up its new headquarters, located at the historic and iconic design center, Centro Stile, in Turin, Italy.
According to Alfa Romeo, the new headquarters will "welcome employees to a new open concept and shared workspaces to better facilitate teamwork, ideation and daily interaction with the Alfa Romeo design team". The newly refurbished headquarters is based on a part of the original Mirafiori plant, which has deep ties with Alfa Romeo's rich 110-year history in the area of Turin. As you can expect, it is stuffed with Italian design flair and class. Alfa Romeo is currently competing in Formula One Racing, and is busy developing some exciting new models, so things are most certainly looking up for the brand.
While employees move into the fresh HQ, newly installed CEO Jean-Phillippe Imparato has been stirring the pot by delaying the highly anticipated Tonale plug-in hybrid SUV, which is based on the same platform as the Jeep Compass. The sale of Alfa Romeo's Giulia sedan and Stelvio SUV has not been exceptional, and the company hopes that the more affordable Tonale, which will compete with the like of the BMW X1, Range Rover Evoque, and Audi Q3 will bring in some revenue. Let's hope the new HQ gets Alfa's creative juices flowing.


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Anthony Randazzo: Are Demographics Destiny?
Self-interest, sex, snakes, and the making of our political preferences
Rich people hate taxes, right? Or at least that's what a rudimentary understanding of self-interest would suggest. But the story immediately gets more complicated when Warren Buffett and Bill Gates start arguing that their tax rates should be higher, even as the pro-business U.S. Chamber of Commerce cries out in opposition. And according to data from the U.S. General Social Survey, the owners of manufacturing plants and retail stores are more likely than lawyers and stockbrokers to oppose a tax increase. What's going on here?
The Pennsylvania Laboratory for Experimental Evolutionary Psychology psychologists Jason Weeden and Robert Kurzban believe they have the answer: a more robust understanding of what constitutes a person's self-interest, according to Anthony Randazzo.


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Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”.
In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada Trade Agreement (USMCA) and the initial Phase One Trade Agreement with China, more work is needed to remove tariffs and ensure the recreational boating industry can continue to grow.”
Despite the progress with USMCA; which was previously approved by Mexico, signed by President Trump, as expected to receive Canadian approval in the coming days; and US moves cancelling new tariffs against China that were to take effect in December and reducing list 4A tariffs from 15% to 7.5%, Trump’s extension of the 25% tariffs on some US$250bn of Chinese products hits boatbuilders where they live – affecting more than 400 component parts used in manufacturing.
Retaliatory tariffs continue to be a concern for the boating industry, particularly from the European Union. The EU continues to impose a 25% retaliatory tariff on US boat and engine exports. NMMA has urged the administration to strike a trade deal with the EU that would end the retaliatory tariffs and reduce additional barriers to trade.
Among the other glimmers of good news, last month the Trump administration granted exclusions for certain wake sport boat tow towers, bringing the total number of marine tariff exclusions granted to 15. The exclusion process for products on List 4A remains open until Friday, 31 January, 2020.


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Ahead of a highly anticipated U.S. IPO, Vietnamese automaker, VinFast has commenced construction on a $170m EV battery plant.
The accelerated rollout of vaccinations and stringent lockdown measures in China have enabled the country to limit the number of infections in recent months. Now many investors believe the Chinese travel sector could benefit from pent-up demand as the world reopens. Aditya Raghunath assesses two potential investment opportunities.
The founder of Terra Luna believes demand for his stablecoin 'UST' could reach an "inflection point" this time next year.
Chinese state media is reporting Guangdong provincial government officials have moved in on China Evergrande's Shenzhen headquarters.


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With simply hours to go earlier than Apple’s WWDC keynote kicks off, the rumors are nonetheless coming in. Stay tuned to this submit as we proceed to trace the most recent developments and rumors as we rely down the hours to the massive present.
WWDC: How to look at
You can watch the WWDC keynote utilizing the TV app in your Apple TV, iPhone, iPad, or Mac, or by heading over to the Apple Events web page in Safari. Or you’ll be able to watch the occasion on YouTube beneath.
WWDC: Live updates
12:58pm ET: rattling Right Pt. 2 by Audry Nuna and DJ Snake is enjoying
1 pm ET: Tim Cook has began the keynote with “a big day of announcements about out technologies and platforms.”
1:05pm: Tim is speaking about Apple’s developer initiatives around the globe. A “huge week ahead of us.”
1:05pm: Craig Federighi takes us downstairs to speak iOS 16. New intelligence, sharing, and communication options.
1:06pm: ALL NEW LOCK SCREEN
1:08pm: Choose images, fonts, colours, widgets
1:10pm: Notifications roll in from the underside, Live Activities will provide “compact and glanceable updates”
1:12pm: Focus Filters allow you to get granular with Focus modes
1:13pm: Messages modifying!! Messaages Undo Send!!
1:15pm: SharePlay in Messages
1:15 pm: On-device dIctation allows you to “fluidly move between voice and touch.” Keyboard stays open, allows you to edit with out leaving the dictation interface
1:17pm: Live Text coming to video. Pause a video and seize textual content from any body.
WWDC: Last-minute rumors
Apple Store is down: As regular, Apple has taken down its on-line retailer in preparation for right this moment’s keynote. The message is completely different—as an alternative of “Be right back,” with an Apple emblem, there’s a WWDC picture, with “Developing news” title. Underneath it says “We’re making updates to the Apple Store. Check again after the occasion, streaming on apple.com or on the Apple TV app. It’s notable that that is the primary time since 2017 when Apple took down the Apple on-line retailer throughout a WWDC keynote. That 12 months, the HomePod and that iMac Pro had been revealed however didn’t ship till a lot later.
MacE-book Air: Mark Gurman and Ming-Chi Kuo agree that Apple is planning to launch a redesigned MacE-book Air at WWDC. However, it won’t come within the number of colours we’ve been anticipating. Gurman says rumors of an array of recent colours are “probably exaggerated” and Kuo says the brand new laptop computer will are available in “three standard color options (silver, space gray, gold), plus [probably] one new color.”
Adding extra gas to the rumor hearth, an inventory for a 14-inch MacE-book Air with an M2 processor, 8GB of RAM, and 256GB of storage was found at B&H Photo. However, a tweet by Shawn C. Steiner, who identifies himself as a B&H Senior Manager of Web Creative Content, says B&H has beforehand made product listings which are “guesses based on rumors” (extra on that in a bit), and that could possibly be what’s taking place right here and with the…
13-inch MacE-book Pro: Gurman says the schedule for the 13-inch MacE-book Pro has been “thrown off” as a result of provide crunch and can seemingly launch someday within the fall. 9to5Mac additionally uncovered an inventory at B&H Photo for a 13-inch MacE-book Pro with an M2 processor, however once more, that is in all probability a B&H guess based mostly on rumors.
Mac mini tower: Another B&H Photo itemizing, this one for a Mac mini tower with 8GB of RAM, 256GB of storage, and an M1 Pro processor. A B&H consultant says this itemizing was made as a guess for “the last event” and was by no means faraway from the location.
M2 Mac mini: One extra B&H Photo “guess” itemizing that was by no means taken down, this one is an M2 Mac mini with 8GB of RAM and 256GB of storage.
Mac Pro: Ian Zelbo, the artist liable for Front Page Tech’s Apple idea illustrations, reckons B&H has additionally given away the approaching launch of an Apple Silicon Mac Pro by labeling the present mannequin as “Item Discontinued.” (We haven’t been capable of corroborate this, nonetheless. All fashions of Mac Pro that we will see on there present up as that can be purchased, with anticipated supply starting from two to eight weeks.)
Zelbo additionally claims Apple has set its Mac Pro intro video on YouTube to personal, which could possibly be an additional clue to a brand new Mac Pro.
AR headset: While there was some hope that Apple would provide a preview of its upcoming AR headset, studies at the moment are saying it’s unlikely to make an look on the occasion.
watchOS 9: MyHealthyApple has noticed an FDA 501(Ok) submitting that factors to a brand new Apple Watch options that lets customers see a historical past of their atrial fibrillation readings.


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- Superdry’s channel revenue from the ecommerce stream was up 33.8 per cent for FY 21.
- Next Plc raised its profit-before-tax central guidance for FY 21 to £720 million.
UK’s fashion brands got a fresh lease of life when the non-essential businesses were allowed to open in the second phase of the lockdown. Fashion retailers have suffered during the subsequent lockdowns in the UK as they largely remained shut, dependent on government support. Only those who were having some online presence managed to do business, and that too in a very small size. Though despite adversity are showing signs of improvement with demand improvement.
The UK based fashion brand Superdry Plc released its trading statement today, saying that its group revenue for FY21 was down 21 per cent on a y-o-y basis to £556.6 million. However, the group’s channel revenue from the ecommerce stream was up 33.8 per cent for the full year. Another high street fashion retailer, Next Plc’s trading statement raised the retailer’s profit-before-tax central guidance for FY 21 to £720 million, up by £20 million from its earlier forecast made in April.
With the release of the results, the share prices of both the fashion firms jumped at the London Stock Exchange. While the SDRY share price was up over 17 per cent, that of NXT rose over 3 per cent in the early morning trading hours on Thursday.
Superdry Plc (LON: SDRY)
Julian Dunkerton, CEO Superdry, said that the firm’s strong ecommerce presence helped mitigate the impact of its store closures. The ecommerce revenue was up 33.8 per cent to £202.9 million for FY21. The company returned to revenue growth in the last quarter of the year with group revenue of £118.3 million for the period (Q4 2020: £117.4 million). The company has hastened its commitment to ensure that all its cotton items are organic by 2025. The group saw a 14 per cent reduction in total stock units for the entire year, driven by clearance and reduced-buy sales.
The firm’s closing new cash at the end of the financial year 2021 was seen to be £39.4 million. The company said that it was hopeful for good growth in FY22’s revenue and profitability as compared to this year provided no more store lockdowns take place.
The share price of SDRY was seen to be at GBX 324.50 at 11.53 AM on 6 May, up 17.57 per cent from the previous close.
Next Plc (LON: NXT)
Despite the 10-week closure of the firms’ retail stores, its full price product sales plummeted merely by 0.6 per cent for the thirteen-week period to 1 May. The lost sales were made up in the segments of online sales of NEXT Homeware (12 per cent rise as compared to the same period in 2019), third-party brands via LABEL (67 per cent rise as compared to the same period in 2019) and NEXT Childrenswear (2 per cent rise as compared to the same period in 2019), along with a 67 per cent jump in Overseas online sales.
The last three weeks to 1 May saw the total full-price sales going up by 19 per cent as compared to the same period a year ago.
The share price of NXT stood at GBX 8,330.00 at 11.54 AM on 6 May, up 2.51 per cent from the previous close.


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One year later from when we embarked on The Deep Dive, our new series that takes an in-depth look at the big issues and topics affecting the luxury market, and how the industry has responded to them, the same lingering question has remained. How long can luxury's bounceback to growth last?
This summer, despite the ongoing challenges in the market: the ongoing conflict between Russia and Ukraine, soaring inflation, and the lingering effects of the global COVID-19 pandemic, the sensational results from luxury goods companies have continued their upward trend demonstrating the resilence and ingenuity of the industry in remaining relevant with its consumers.
And while the final findings from our report were released earlier this year, we really wanted to present The Deep Dive in its entirety in what we believe is the best way: through its own online website, complete with a downloadable PDF version.
Featuring our market analysis, exclusive interviews, and data, The Deep Dive brings together the work of the Luxury Society team over the past year and the lessons that still apply to the ever-changing landscape of our industry.
We hope you enjoy reading the report in full.


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NEW YORK — Hurting teen retailer Hot Topic Inc. posted its second quarter in a row of declining profits Wednesday. Bottom-line results in the first nine months of the year were similarly gloomy.
The company said after the close of the market that earnings in the third quarter ended Oct. 30 dropped 17.6 percent to $12.6 million, or 27 cents a diluted share, in line with both its own and analysts’ estimates. That compared with a profit of $15.3 million, or 31 cents, in the year-earlier period.
Total revenues increased 11.9 percent in the quarter to $180.8 million with same-store sales down 4.2 percent.
In the first nine months of the year, the firm earned $22.6 million, or 47 cents, down from $25.6 million, or 52 cents, in the year-earlier period. Total revenues were $445.2 million, up 17.8 percent from $377.9 million last year. Same-store sales fell 1.3 percent.
City of Industry, Calif.-based Hot Topic said it still plans to open 115 new stores in 2004.
This story first appeared in the November 18, 2004 issue of WWD. Subscribe Today.


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The Union Finance Minister of India recently said that India is on its way to become an “extremely attractive” country to do business because of digitization and rationalization of financial activities. At the Singapore Fintech Festival, the Union Finance Minister gave credit for the current process of digitization to the Aadhar scheme and the financial incorporation after demonetization, succeeded by the monumental exercise on the improvement in the digital eco-payment system and the revealing of the Goods and Services Tax from July 1, 2017.
The Minister said that with the growth in digitization and rationalization, India will soon become an extremely attractive place to do business. In the conference, he articulated India’s improved ranking on the ease of doing business index of the World Bank. However, he accepted that the country still has to face some short-term challenges in employing strategic initiatives like demonetization and GST.
The Union Finance Minister said that he does not have any doubt in his mind about the medium to long term, which will definitely produce long-term returns as far as the Indian economy is concerned. He praised the sensible growth of the Indian economy and said that it is foliating responsibly. He added that the formal and informal economies are integrating along with the occurrence of structural changes and the expansion of the tax base.
The Union Finance Minister remarked that many transactions that used to happen through the cash economy is now gradually getting digitalized and is taking place through the banking system. He is on a two-day Singapore trip where he will visit Deputy Prime Minister Tharman Shanmugaratnam and Finance Minister Heng Swee Keat. He will also meet Prime Minister Lee Hsien Loong and speak at the Annual Asia Pacific Summit of global financial institutions, which will be organized by Morgan Stanley.