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|By ACN Newswire||
|March 17, 2014 05:54 AM EDT||
HKTDC Export Index for First Quarter Rebounds Sharply
Hong Kong, Mar 17, 2014 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced today that its Export Index for the first quarter of 2014 had rebounded sharply from the previous quarter, climbing to 48.1. Despite the rebound, however, HKTDC Director of Research Nicholas Kwan pointed out that the index was still below the watershed of 50, indicating that export sentiment for the immediate future remained slightly pessimistic.
Machinery performed best among the industry sub-indices, rebounding from 39.9 in the previous quarter to 52.1. The indices of other industries, including electronics, clothing, toys, jewellery and timepieces, also rose. In individual markets, the indices for Japan and the Chinese mainland climbed back to the above-50 level, both registering 51.1. The indices for the United States and the European Union increased to 48.9 and 48.1 respectively.
ASEAN Export Promise
The data, according to Daniel Poon, the HKTDC's Principal Economist (Global Research), revealed good prospects for Asia's export markets. In addition to the mainland and Japan, he noted that the markets of ASEAN warrant more attention from Hong Kong companies. This year, in a bid to strengthen economic and trading ties with ASEAN, the Hong Kong Government will begin negotiations for an ASEAN-Hong Kong Free Trade Agreement.
Representatives from the HKTDC's Research Department recently visited two ASEAN countries, Indonesia and Malaysia, to gain an understanding of the situation on local economic development and business prospects for Hong Kong companies. The Asian Development Bank predicts that ASEAN's GDP will grow 5.3 per cent, and for good reason, according to Mr Poon.
"Estimated at 150 million, ASEAN's middle-class constitutes a quarter of the population and is still growing. Its middle class will be a driving force in the development of consumer markets and organised retail channels," said Mr Poon. He added, however, that economic levels within ASEAN varied widely, with per capita income ranging from Myanmar's US$900 to Singapore's over US$50,000.
"In considering ASEAN market opportunities, Hong Kong companies should look carefully at the countries' varying economic strengths and the consumer market environment in each," said Mr Poon.
Indonesia boasts Southeast Asia's biggest economy and its largest population. It also features an expanding middle-income class and a young population, together with increasing domestic consumption.
Indonesian Consumer Spending
The HKTDC's Dickson Ho, Principal Economist (Asian and Emerging Markets), pointed out that Indonesian consumer spending on non-food items has been fast expanding in recent years. "Particularly for such non-essential items as home appliances, jewellery and timepieces, the rates of spending growth are much higher than ASEAN averages," he said. Mr Ho believes that Hong Kong's well-designed products and excellent services are a natural fit with Indonesia's mid-to-high income class and its booming retail industry.
The development of shopping malls in Indonesia's capital, Jakarta, offers considerable opportunity for Hong Kong companies, according to Mr Ho. Hong Kong retailers and brand owners should cooperate with local distributors, particularly those with experience in introducing international brands, he added.
Malaysia's per capita GDP is more than US$10,000, the third-highest in ASEAN. As in Indonesia, the rise of Malaysia's middle class has expanded the country's domestic retail market. Demand is strongest for mid-to-upmarket products, including clothing, gifts, jewellery and timepieces, as well as electronics and personal-care products.
"One quarter of Malaysia is Chinese, but in the capital, Kuala Lumpur, the Chinese account for three-quarters of the population," said Mr Ho. The average income of Malaysian Chinese families is higher than that of Malaysian families and Indian families - by 43 per cent and 22 per cent, respectively, he added.
Mr Ho recommended that Hong Kong companies target Chinese consumers in Malaysia. "They can consider either mid-to-upmarket jewellery and timepieces or clothing as a starting point, and they can concentrate their resources on Kuala Lumpur and Penang."
Related Video: http://youtu.be/C8vSxZbNttc
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com. Follow us on Google+, Twitter @hktdc, LinkedIn.
HKTDC Corporate Communication Department Joe Kainz Tel: +852 2584 4216 Email: [email protected]
Copyright 2014 ACN Newswire. All rights reserved.
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With the proliferation of online payments, new security threats are surfacing on a daily basis. Since card-present transaction security has improved significantly with the implementation of chip-based transaction authentication measures, fraudsters are now targeting card-not-present environments. Recognizing the need to standardize next generation payment security for card-not-present transactions, EMVCo has released the next version of the three-domain-secure specification [3DS 2.0] to extend its support to new payment channels such as tablets and smartphones, while reducing friction and improving user experience.
RS Software has developed a unique 3DS2.0 Test Simulator platform based on the 3DS 2.0 standard which enables our customers to test different components of the entire 3DS 2.0 ecosystem such as Access Control Server (ACS), Directory Server (DS), 3DS Requestor, and 3DS Client using the service virtualization technique.
RS Software has successfully implemented the simulator for a leading Japan-based payment service provider for their new ACS system currently being developed following the EMVCo 3DS 2.0 specification.

domain: news


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MORNINGTON Peninsula small businesses Commonfolk Coffee, The Snake Hole, and agricultural advocate Indiblu have united in support of Victoria’s dairy community.
“As you would be well aware the dairy industry is facing some of its most challenging times,” organiser Sam Keck, of Commonfolk, said.
“The recent price drop has put unprecedented pressure on the finances and emotions of some of our most important primary produces.”
The group’s unincorporated not-for-profit group MP4Dairy aims to raise much-needed financial support for struggling farming families.
Their two main fundraising campaigns include a gofundme site to sell limited edition Snake Hole-designed t-shirts, with all profits going to the not-for-profit group and, ultimately, to farmers.
They are also running a unified dairy day – 8am to 9pm, Saturday 4 June – across the peninsula urging local cafes an opportunity to donate $1 from every milk coffee sold.
“Milk is the forgotten ingredient in coffee,” Mr Keck said, with surveys showing 95 per cent of coffee consumed in Victorian cafes is made with milk. “We owe our dairy farmers a lot.
“We’re aiming to raise $10,000 to assist the families that are most in need, and have partnered with CUA and the team behind the Facebook community #dairylove, to distribute the money to those most in need.
“However, we need public help. We’re keen to generate as much exposure around the event but also nation-wide for the tea-shirts.”


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In an investor call, on 16 July 2020, Grayscale CEO Barry Silbert said that it is highly unlikely that the US government will ban Bitcoin.
Barry Silbert is the CEO of the cryptocurrency firm, Grayscale Investments, and Digital Currency group. He commented on the call that he is cautiously optimistic about the chances of improvement in the US regulations or at least not worsening for the cryptocurrency.
He said that it will be difficult to ban Bitcoin directly because it is a result of the decentralized blockchain network. It could be regulated by restricting its use or imposing penalties on parties using it, but the enforcement of these laws would be challenging.
The Grayscale CEO also mentioned that the relationship with the regulators has been much better due to the effort made by groups like Blockchain Association. This group is known for speaking out in favor of many blockchains and crypto companies in front of the SEC and Coin Center, a non-profit crypto advocacy group.
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Silbert’s comments have come in after reports last month that the US President Donald Trump had told Steve Mnuchin to “go after bitcoin (for fraud).”
The financial world is not in favor of Bitcoin and would prefer its ban
Many Bitcoin critics have spoken in favor of banning Bitcoin forever in the US and that this ban will have a huge effect that would impact altcoins and other countries as well.
Various personalities from the financial world have been vocal about their lack of trust in Bitcoin and have preferred to see it banned. JP Morgan CEO, Jamie Dimon, and Economist Nouriel Roubini have both criticized Bitcoin extensively.
The US government to take a more accepting stance as more countries adopt digital currency
Since the Coinbases’s readiness for an Initial Public Offering (IPO) and most government moving towards digital currencies, it seems that the US will take a more accepting stance towards the cryptocurrency.
Also, the US government has not yet considered the lack of firm crypto regulations hurting blockchain development in the USA, whereas other nations like Singapore have already attracted many crypto and blockchain projects and a lot of investors as well.
Interest in cryptocurrencies, blockchain technology, and digital currency is steadily growing due to the impact of COVID-19 pandemic and resultant socio-economic turmoil, with American regulators paying more attention to Bitcoin.


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Leading producers of consumer software such as Google and Facebook are branching into designing physical goods at
When business leaders launch a website, they feel they should be on top of Google's search engine rankings. But it's an issue of readability.
LinkedIn wants to be the social
network for people looking to keep the jobs they already have.
As our urban transportation landscape becomes automated over the next
decade, it could spark an electric car revolution.
Consumers are increasingly gaining access to
the technology at their local libraries, where they can produce
low-cost tools, toys or even shoes.
While Apple fans line up to get their hands on the new iPhone 7, scammers are lining up to steal your iTunes gift cards.
When it comes to map apps, consumers are finding plenty of fresh paths
to digital navigation thanks to Google, Apple and a whole host of
VR app development costs vary depending on a number of
factors. There are 4 essential components to consider before starting
As gadget buyers remain unsure about high-tech timepieces, Apple this week pitched its second-edition watch
to a narrower audience.
The clock is ticking for iPhone owners hoping to help pay for an upgrade by selling their old phones.


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Last month, home goods retailer Crate & Barrel announced plans to add a two-story, full-service restaurant to its store in Oak Brook, Ill., a suburb of Chicago. In doing so, Crate & Barrel became the latest in a series of retailers investing in adding foodservice to its brick-and-mortar locations.
On the surface, Crate & Barrel’s decision seems logical for a variety of reasons. The company’s inventory centers on products that can help consumers turn their houses into homes where they entertain family and friends. And it’s no secret that retailers continue to struggle to draw customers to their brick-and-mortar locations while coming to grips with what it means to do business in an increasingly online world.
A closer examination of Crate & Barrel’s move, though, shows the company connecting to a broader trend that continues to shape all sorts of industries, most notably foodservice. Instead of simply trying to sell housewares, furnishings and decorative items to its customers, Crate & Barrel will now strive to give customers in its Oak Brook store a more memorable experience. To facilitate such an experience, the company is partnering with Chicago’s Cornerstone Restaurant Group to develop the two-story restaurant that will feature outdoor seating overlooking the scenic Oakbrook Center shopping mall. In addition, Bill Kim, the visionary behind some of Cornerstone’s most successful concepts, will develop the menu for Crate & Barrel.
“People want a memorable experience, and food is experiential,” noted David Portalatin of the NPD Group during Zoomba Group’s second Foodservice Equipment and Design Thought Leadership Summit. “Today’s consumer views their exchanges with companies or brands as an extension of who they are. The brand has to be experiential.”
Crate & Barrel’s move also shows another notable foodservice transition: Restaurants have become a real attraction. When visiting restaurants, “people can come in and have the experience they want,” said Joseph Szala of Vigor, also during the FED Summit. “It’s almost like an amusement park.”
To help create the visual and interactive appeal that serves as the cornerstone of the amusement park experience, foodservice operators from all industry segments continue to look for ways to enhance their food presentations. These presentations do more than highlight ingredients and culinary craftsmanship — they also communicate to the guest that they are about to experience something special.
And therein lies the key to growth, not only for operators but also for the entire supply chain. Growth will come when you are able to solve your clients’ problems or provide them with an experience they could not create on their own. In the absence of that, you are simply facilitating a transaction — selling a product for a price — and it’s hard to grow under those conditions.


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- We forecast real household spending in Slovenia to begin to recover over 2021, growing by a projected 4.1% y-o-y. We note that the economic impact of the Covid-19 pandemic did create a significantly low base from which to grow from, after household spending contracted by 9.8% over 2020. So, while growth in 2021 will be robust, the recovery in consumer spending will continue into 2022.
- Throughout the Covid-19 pandemic Slovenian households have been provided with support from the government, partially shielding them from the worst of the economic impact. This support has laid the groundwork for a recovery in consumer spending over H221 and 2022.
- The recovery in retail sales will rely on the ability of the government to vaccinate enough of the population, to allow for the gradual easing of restrictions. Latest data (July 20 2021) report 42.3% of the population had received at least one dose of the vaccine, slightly lower than the 46.4% in the wide European region.
Outlook For 2021 And 2022
The outlook for Slovenia's consumer spending over 2021 is one of a recovery getting underway. We forecast household spending to post real growth of 4.1% y-o-y over 2021. This marks the start of a recovery from the 10% y-o-y contraction in household spending estimated over 2020. However, at EUR25.2bn (USD30.5bn) over 2021, total household spending will not reach pre-Covid-19 levels of EUR26.5bn (USD29.7bn) in 2019. As such, the recovery will extends into 2022.
Household Spending Will Return To Positive Growth In 2021
Slovenia – Total Household Spending, real % y-o-y (2015-2025)
High-Frequency Data Points To Recovery
While consumer confidence in Slovenia has struggled to return to pre-Covid-19 levels, it has been on an upwards trajectory since at least November 2020. The -17 recording in June 2021 is the highest point since the beginning of the Covid-19 pandemic. Retail sales data is showing a similar pattern, despite the low base effect created by significant contractions in 2020. Retail sales grew 24% and 14.3% in April and May 2021 respectively. This trend in both these key indicators suggests that the consumer recovery is underway and should the economy continue to reopen, these indicators will return to pre-Covid-19 levels by the start of 2022.
Upwards Trajectory In Both Key Indicators
Slovenia - Retail Sales vs Consumer Confidence (2020-2021)
Insight Into The Consumer Spending Forecast
Our forecast for growth in consumer spending in Slovenia in 2021 is in line with our Country Risk team’s forecast that the domestic economy will grow by a real rate of 4.5% y-o-y over 2021, from an estimated 5.5% y-o-y contraction in 2020. Government stimulus measures (outlined in more detail below) did provide some protection to Slovenian consumers and the nation’s economy over 2020. Although the average unemployment rate (as a % of total labour force) will tick up to an estimated 5.5% in 2021, from an estimated 4.5% and 5.0% in 2019 and 2020 respectively, this figure would have been considerably higher if the government had not intervened to offer financial support to businesses and households. As restrictions are lifted throughout the year, in line with the country's vaccination drive, and commercial activity resumes (the hospitality sector in particular), we believe there will be a sharp rebound in household spending due to a release of pent-up demand. This will be supported by an 8.8% rise in the gross minimum wage from the start of 2021, with the Statistical Office of the Republic of Slovenia also reporting that the average gross wage rose by 5.9% in real terms during 2020, in part due to Covid-19 stimulus measures that will remain in place through to at least mid-2021.
|Real GDP (% chg y-o-y)||3.2||-5.5||4.5||4.1|
|Unemployment (% of total labour force)||4.5||5.0||5.5||5.7|
|Consumer price inflation (% y-o-y, ave)||1.7||-0.3||1.8||2.3|
|Total tourist arrivals, '000 % y-o-y||6.3||-74.1||33.1||58.5|
In 2021, we forecast inflationary pressures to rise in many countries globally as base effects, higher commodity prices and supply-chain challenges create localised shortages. As such, we believe that rising consumer price inflation (CPI) is a key risk to consumer spending over the remainder of 2021, as it has the potential to erode purchasing power. In Slovenia, CPI did tick up to 2.1% y-o-y in April and May 2021, in-line with the easing of restrictions as demand-side pressures fed through into higher prices. But since, this rate fell, reaching 1.4% y-o-y in June 2021. Over the year, our Country Risk team forecasts that inflation will average 1.8% over 2021, but will pick up to 2.1% by year-end.
Prices Did Increase, But Still Within Historic Range
Slovenia - Consumer Price Inflation, % y-o-y (2018-2021)
Restrictions And Government Support Measures
Despite being hailed as one the most successful countries in terms of their handling of Covid-19 during the first wave, Slovenia's handling of the second and third wave has been far less effective (please see previous Consumer Outlook modules for in-depth analysis on restrictions during these periods). However, with the significant slowdown in the number of cases, restrictions have also gradually been eased. Proof of a vaccine or a negative PCR test is now required for indoor facilities, such as restaurants, while businesses must comply with certain hygiene and social distancing requirements in order to operate.
According to the Oxford Covid-19 Government Response Tracker (a composite measure that takes the above into account to highlight the strictness of restrictions in a country), Covid-19 restrictions in Slovenia have come down significantly over H221. Latest data for July 12 2021 report a score of 35.2 out of 100, now significantly below the global average of 50.1 out of 100. However, when Slovenian authorities do implement Covid-19 restrictions, they are often some of the strictest in the world and thus remains a risk to consumer spending going forward.
Level Of Restrictions Have Come Down Significantly
Slovenia - Stringency Index (2020-2021)
By April 2021, the Slovenian government had provided several stimulus packages, totalling approximately EUR10bn (USD12bn or 20% of nominal GDP in 2019). Part of these packages include tax and spending measures, including tax deferrals, wage subsidies and other household support (a monthly basic income, support to self-employed; one-off support to pensioners and students, and subsidies to kindergarten and large families). A wage furlough scheme has been in place since March 2020 and has been extended until at least June 2021. Additionally, the wage subsidy under the furlough was increased from 80% to 100% under certain conditions. The government will also cover part of the minimum wage increase for affected businesses and will pay one-off allowances to certain vulnerable groups. We believe that government support has created a significant social security net for households over 2020 and 2021, thereby shielding consumer spending from an even more extreme contraction. This support will also provide the starting block for a recovery in spending over the second half of 2021.
Consumer Recovery Rests On Slovenia's Vaccination Drive
Our global view for a notable recovery in consumer spending relies on the ability of authorities to vaccinate a large enough proportion of their populations and thereby experience a notable drop in Covid-19 infections and a decline in death rates. Both these factors will lead to government’s gradually lifting restrictions, which will boost consumer confidence and retail sales. Slovenia has access agreements for vaccines from Pfizer/BioNTech, AstraZeneca and Moderna, receiving its first Pfizer/BioNTech shipment on December 26 2020. Since then, authorities have been gradually administering doses to the population,with 42.3% of the population had received at least one dose of the vaccine. Initial plans to vaccinate 60% of the population by June 2021 proved to be too optimistic. Authorities will need to speed up their vaccination drive to ensure that further restrictions can be lifted and that consumer spending can recover.
Slovenia Is Vaccinating At A Similar Rate To Wider EU
Slovenia - % of population that received at least one vaccine dose (2020-2021)
Risk To Outlook
Our forecasts take into account risks that are highly likely to play out in 2021, such as the easing of government support, a reduction in restrictions and a delay in the vaccine rollout. However, these are risks to outlook that if they do start to play out will lead to forecast revisions. The graphic below highlights some of the most pertinent global risks to our 2021 Consumer Outlook and those that are pertinent to Slovenia.
In order to track our analysis of consumer spending in Slovenia during the 2020 Covid-19 outbreak and our recovery projections please see:
- Consumer Outlook 2021: Slovenian Consumer Recovery Will Extend Into 2022
- Slovenia's Consumer Recovery Getting Under Way In 2021
- 2021 Recovery Assessment: Slovenian Consumer Emerging From Covid-19
- Slovenia Consumer Outlook: 2020 Covid-19 Impact Assessment And 2021 Recovery Scenario
- Slovenia Consumer Outlook: 2020 Covid-19 Revision
This commentary is published by BMI, a Fitch Solutions company, and is not a comment on Fitch Ratings Credit Ratings. Any comments or data included in the report are solely derived from BMI and independent sources. Fitch Ratings analysts do not share data or information with BMI. Copyright © 2023 Fitch Solutions Group Limited. All rights reserved. 30 North Colonnade, London E14 5GN, UK.


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In a groundbreaking prediction, a prominent Russian lawmaker has expressed his belief that the digital ruble has the potential to displace traditional banks in the country’s financial ecosystem. Anatoly Aksakov, the head of the State Duma’s Committee on Financial Markets, made this statement during a recent interview.
Aksakov’s prediction comes amid Russia’s increasing interest in digital currencies and their potential impact on the financial sector. The Central Bank of Russia has been actively exploring the development of a digital ruble, which is expected to provide an alternative to traditional cash transactions and enable faster, more secure payments.
One of the main advantages of a digital ruble is its potential to reduce the reliance on banks for day-to-day financial transactions. Currently, individuals and businesses rely heavily on traditional banks to store their money and facilitate transactions. With the introduction of a digital ruble, people would have direct access to a government-backed digital currency, eliminating the need for intermediaries like banks.
Aksakov argues that the digital ruble would provide greater security for individuals’ funds, making them less vulnerable to hacking and other cyber threats. It could streamline transactions and reduce the costs associated with traditional banking services. This would particularly benefit small businesses and individuals who currently face high fees and inconvenient processes.
The adoption of the digital ruble would provide the government with greater control over the economy. It would allow for better tracking of financial transactions, making it easier to combat money laundering, tax evasion, and other financial crimes. This enhanced oversight would contribute to a more stable and transparent financial system in Russia.
Despite the potential benefits, concerns have been raised regarding the potential dominance of the digital ruble. The displacement of banks could lead to widespread job losses and upheaval in the financial industry. To address these concerns, Aksakov suggests implementing a gradual transition to a digital ruble and ensuring that banks still have a role to play in areas such as loans and investments.
Aksakov’s prediction aligns with global trends in the financial sector. Many countries are exploring or piloting their own central bank digital currencies (CBDCs) as a response to the rapid growth of cryptocurrencies and digital payment systems.
China, for example, has been leading the way with its digital yuan project, which is already being tested in various cities. The experience and lessons learned from China’s CBDC rollout can provide valuable insights to Russia as it embarks on its own digital ruble journey.
While it is still early to determine the exact impact of a digital ruble on the banking sector, Aksakov’s prediction raises important questions about the future of money and banking. As technology continues to advance, digital currencies have the potential to revolutionize the financial landscape and reshape the role of banks in society.
The digital ruble represents a significant step towards a cashless society, providing convenience, security, and efficiency in financial transactions. It is vital to strike a balance between embracing this new technology and safeguarding the stability and employment in the banking industry.
As Russia moves forward with its plans for a digital ruble, policymakers must carefully consider the potential ramifications and ensure that the transition is well-managed. Only then can they fully harness the potential of the digital ruble to drive financial innovation while also maintaining the stability of the banking sector.


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ENGW Vs AUSW | One-off Test Jul 18, 2019
AUSW 341/5 (132.0)
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Mar 12, 2015
InMobi and Snapdeal could get boost from Google, AlibabaTwo Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba.


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Commission woos industry with eco-labelling revamp
Plans for a radical overhaul of the EC's eco-labelling scheme have been unveiled by the European Commission. They are aimed at encouraging more companies to apply for labels by opening up the application process to retailers, reducing costs and simplifying the procedure for setting criteria. But controversy is likely to be sparked by the Commission's proposal to set less stringent environmental criteria to allow more products to qualify for the eco-label.
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Alber Elbaz has designed a bespoke Lanvin dress for Minnie Mouse to wear during the 20th anniversary celebrations of Disneyland Paris. A new teaser video uploaded to the Lanvin youtube account Monday asks “Who is the famous Lanvin guest?” and those with keen eyes will spot the distinctive red-and-white polka dot of Mickey Mouse’s luxury loving lady-friend, Minnie.
Indeed, Elbaz has designed a Lanvin blue neoprene corset dress covered in sequins and jewels for the fashionable mouse.
The brand released a teaser video on YouTube yesterday, showing the famous Disney character paying a visit to Lanvin’s headquarters in Paris.
“When I showed her two dresses, she knew exactly which one she wanted,” Elbaz told WWD. “She likes to show her heels and loves earrings, jewellery, colours and everything that sparkles.”
Disneyland Paris will host a fashion parade with celebrity guests on March 23 to celebrate the milestone.
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.


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Pirate3D’s CEO Roger Chang firm believes that the first step to household 3D printing as an affordable price point, and at US$347, The Buccaneer aims to please.
Designed with stamped steel parts, the Buccaneer 3D printer can produce 3d prints at speeds of up to 50mm/s. At maximum resolution, the Buccaneer prints at 100 micron layer heights.
In addition the Buccaneer communicates wirelessly with mobile devices via WiFi, and this allows you to control it via your mobile phone or tablet.
“It is not just about building a great technical product but about building a great user experience,” said Tsang You Jun, Chief of Design & User Experience. “We built our product along the design principles of Apple, only what is absolutely necessary is there; there are no unnecessary buttons nor wires. We want The Buccaneer to be the easiest to use 3D printer!”
About their price, Brendan Goh, Pirate3D’s Chief of Operations says, “We have a dream, a dream to make this technology affordable for everyone. We have been using 3D printers for a couple of years, and now find them indispensable; like how a computer or cell phone is to you. Everyone should have access to such an essential piece of technology.”
On Monday, Pirate3D wrapped up their popular Guess-The-Price contest, in which over 4,000 participants guessed at Buccaneer’s price. Of which, 4 walked away with a fully decked out Buccaneer. Guesses for the price ranged from $3 to $20,000.
Pirate3D will be opening their Buccaneer for pre-orders in the coming weeks.


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Sandy Springs-based shipping giant UPS said it is buying 1,000 propane-powered package delivery trucks to add to its fleet over the next year.
After a test of the propane trucks in Gainesville last winter, UPS is making a $70 million investment in the vehicles and related infrastructure. The trucks will be used in rural areas where propane is more readily available in states including Louisiana and Oklahoma, and each can go up to 200 miles on a tank of propane.
The propane trucks will add to UPS’s “rolling laboratory” fleet of alternative fuel vehicles including electric, hybrid electric, CNG, LNG and other vehicles. UPS also has about 900 propane vehicles in Canada. By early next year, about 4 percent of UPS’s fleet of package cars in the United States will be alternative fuel vehicles.


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WWF has announced that it is planning to sell non-fungible tokens (NFTs) to raise funds for its conservation work.
Taking the form of digital artworks, experiences and collectables, the wildlife charity says they will help to raise money and awareness for 13 of the world’s most endangered species.
Alongside unique art, buyers will be rewarded with “real-world experiences” that include meetings with conservationists and a chance to see WWF’s work to protect gorillas and orangutans in person.
But these ‘Tokens for Nature’ have attracted a wave of backlash on social media with threats to cancel donations and unfollow the charity if they go ahead with the sales.
Following environmental concerns around NFTs, critics on Twitter have called it “bleak beyond belief,” “astonishingly stupid” and a “bafflingly terrible decision” in replies to the announcement.
In a similar way to cryptocurrencies, the majority of NFTs are “minted” or verified using a blockchain - a digital ledger of transactions - called Ethereum. It relies on a huge computer network that consumes vast amounts of energy.
WWF says that its NFTs use an “environmentally- friendly” version of Ethereum called Polygon. It claims that using this side chain involves minimal energy consumption. According to its calculations, one transaction has the equivalent carbon footprint of a single glass of water.
The charity adds that it firmly believes NFTs and blockchain are “here to stay” and wants to engage with this space in a “responsible way” to raise funds for its conservation work.
Can NFTs ever be green?
Pete Howson, a senior lecturer in International Development at the University of Northumbria, says it is difficult to get involved in NFTs without getting your hands dirty - even if you are using an ‘eco-friendly’ blockchain.
“Polygon registers transactions on Ethereum, a PoW (proof of work) blockchain which has a carbon footprint the size of Sweden’s. And yes, you’re still expected to pay for these NFTs with dirty cryptos,” he tells Euronews Green.
Howson adds that it doesn’t really matter if WWF is using Polygon because Ethereum’s carbon footprint is not directly related to the number of transactions that occur on the network.
“Proof of Work ‘mining’ or validating is what gives Ethereum its dirtiness. If people are buying Eth to spend on WWF’s NFTs, the value of Eth then goes up and the amount of mining, therefore, increases, because the rewards for doing so are higher.”
He explains that alternatives to Ethereum already exist that can enable NFT markets without the carbon headache. We may be heading in the right direction but while payments in cryptocurrencies are still being accepted, it's not an easy problem to fix.


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Two major auto associations are working together to ensure driver data privacy amid in-car technology that amasses such data types as geolocation, driver behavior and biometric information.
Google has unveiled the first major update to its Android Wear platform, adding numerous features, including support for GPS sensors, as well as a fourth wearable device, Sony’s Smart Watch 3.
At its Flight mobile developer conference in San Francisco this week, Twitter took the wraps off a platform called Fabric that provides a path for Twitter to become part of a universe of mobile apps.
What you see -- and get -- with the iPad Air 2 is a better camera. Packed with a faster processor, the 9.7-inch tablet is also 18 percent thinner and 7 percent lighter than the previous model.
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(Adds CEO’s full name in paragraph 3)
PARIS, Feb 25 (Reuters) - French cooperative group InVivo aims to expand its new internet platform for farm products to reach at least 3 billion euros ($3.25 billion) in sales by 2030, as it brings in partners from other countries and adds new products, it said on Tuesday.
Betting on more digitalisation in agriculture, InVivo invested 50 million euros in developing Aladin, which was launched last year as a marketplace for farm supplies along the lines of online retailer Amazon.
Aladin sells seeds and pesticides to nine cooperatives representing 50,000 farmers and aims to reach 100,000 farmers in the 2020/21 season and sales of 100 million-120 million euros, Chief Executive Thierry Blandinieres said.
Online sales would initially come by replacing direct sales for such products that now total to 1.2 billion euros, before expanding into new offerings, Blandinieres said.
“We will go 360 degrees around the farmer and propose agriculture machinery, equipment, services like insurance, and this is where we will be able to reach a second phase to attain 3 to 4 billion euros in 2030,” Blandinieres told reporters at the Paris farm show.
InVivo, a grouping of some 200 agricultural cooperatives, is presenting the project to other cooperatives in northern Europe and Switzerland and hopes to reach a deal with at least one of them within a few months, Blandinieres said.
This would likely be through a contract to use the platform rather than a joint venture, he said.
InVivo generated sales of 5.2 billion euros in its 2018/19 year to June 30 from its activities that also span grain trading, garden retailing and wine distribution.
After selling its animal nutrition unit Neovia to U.S. agribusiness group Archer Daniels Midland in 2018, InVivo had said it would invest in farming solutions and acquisitions in the wine sector.
$1 = 0.9227 euros Reporting by Sybille de La Hamaide; Editing by Edmund Blair
Our Standards: The Thomson Reuters Trust Principles.


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SAVE THE DATE: The exact date of Black Friday deals has been confirmed as Amazon sends customers a message about discounts (Image: Thomas Trutschel/ Photothek via Getty Images)
This article contains affiliate links, we will receive a commission on any sales we generate from it. [Learn more]
Savvy shoppers, grab your wishlist and get ready to dive into the Black Friday extravaganza. Amazon just spilled the beans on the details, and we're in for a treat.
Get ready to snag the best deals of the year from November 17 at 12.01am until November 27 at 11.59pm. But that's not all - Amazon is teasing us with a sneak peek at the goodies that might just land in our shopping carts.
Posting on its website, Amazon said: "The shopping event will include Amazon’s best prices of the year so far on a wide variety of top brands, from homeware and electronics to health and beauty, as well as a range of fast, convenient delivery options. Check out the list and then visit the Black Friday page to shop the deals and find out more."
- The John Lewis lounge hoodie that saves you putting the heating on
- Free Netflix and a cut-price smart TV in Sky's early Black Friday Deal
The Amazon sale is likely to see reductions in its own devices, including the Echo devices, while previous years have seen discounts on Fire TV Sticks and the Fire TV sets. And that's not all - Ring doorbells are expected to hit their 'lowest prices ever'. It's like music to our bargain-hunting ears.
WalesOnline picked out some of the most eye-catching ones to expect:
- Amazon devices - Save up to 57 per cent and expect deals on the likes of the Echo Pop and Echo Show 5, the all-new Fire TV Stick 4K and all-new Fire TV Stick 4K Max, the all-new Fire HD 10 Kids and all-new Kids Pro Tablets, Fire TV Omni QLED Series, eero devices and Kindle Scribe.
- Beer, wine and spirits - For the spirits enthusiasts, a delightful up to 30 per cent off awaits on beer, wine and spirits.
- Beauty - Beauty buffs, get ready to glam up with savings up to 60 per cent on fragrances from top brands including Calvin Klein, Vera Wang, Ghost and up to 55 per cent on skincare essentials like L’Oréal Paris, CeraVe, Olay.
- Pets - Pet parents, your furry friends haven't been forgotten. Expect up to 30 per cent off on pet food, toys and supplies from Felix, Harringtons, YuMOVE, Catit and more.
- Personal care appliances: Those eyeing personal care appliances can snag up to 60 per cent off on electric toothbrushes from trusted brands like Oral-B and Philips.
- Kitchen: Save up to 30 per cent on floorcare and linen-care items from Shark, Vax and Philips. Plus, if you are on the hunt for kitchen gadgets, you can save up to 30 per cent on electric cookware and hot beverage items from Ninja, Tefal, Cosori and De’Longhi.


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Companies at either end of the consumer goods spectrum — traditional vs. new, big vs. small — are trying to emulate the better aspects of each other's practices. Here are some key things they're learning.
The digital native, hair color brand is planning to franchise and aggressively expand its brick-and-mortar Madison Reed Color Bars under a new joint venture with Ann Arbor, MI-based consulting firm Franworth.
As the unprecedented COVID-19 health crisis is unfolding, retailers and consumer goods companies are looking to their peers to share first-hand perspectives on what they are doing in response to the pandemic. That is why CGT and RIS are enlisting the help of industry experts for this series of webinars.
The evolution toward an omnichannel marketplace is driving a revolution within the consumer goods supply chain, as companies rebuild their traditional practices in response to radically different consumer behavior. CGT examines the state of the consumer goods supply chain in this fifth-annual report.


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Microsoft has released a new update to the Windows Subsystem for Android with many new features thanks to the updated Android 12L OS. The new update is currently available to Windows 11 users who have opted into the development or beta channels in the Windows Insider Program. The latest version of the Windows Subsystem for Android, v2204.40000.15.0, contains many new features, improvements, and fixes. You can learn more about the updated Windows Subsystem for Android running Android 12.1 here.
As mentioned earlier, the new update brings a lot of new features. The update adds new Android 12.1 capabilities, Advanced Networking (for using other devices on the same network, such as smart speakers or security cameras), a redesigned Settings app (Microsoft says: “We’ve redesigned the app from the ground up, now with clearer settings groups , grouped navigation, and a cleaner user interface.”).
The update also brings more control over privacy, with apps that use the microphone, location, and other system services now showing up in the Windows taskbar. In addition to these features, the update includes camera improvements, improved mouse and keyboard input, Chromium WebView extension to version 100, new hardware video decoding, and more. You can check out the full list of features that Microsoft shared on the Windows Insider Blog here .
Android 12.1 Update for Windows Subsystem for Android – Changelog
- Windows Subsystem for Android updated to Android 12.1
- Enhanced Networking is enabled by default for newer x64 builds of Windows.
- Updated Windows Subsystem for the Android Settings app with a redesigned user interface and diagnostic data viewer.
- Simpleperf CPU profiler entry now works with Windows Subsystem for Android
- Windows taskbar now shows which Android apps are using the microphone and location
- Improvements to Android app notifications that appear as Windows notifications.
- Reduced flickering when restoring applications from a minimized state.
- Apps don’t restart when devices wake up from Connected Standby in recent builds of Windows.
- New hardware video decoding (VP8 and VP9)
- Fixes for the on-screen keyboard in apps
- Fixes for fullscreen Android apps and automatically hidden Windows taskbar.
- Windows Subsystem for Android updated with Chromium WebView 100
- Added support for Android NetworkLocationProvider in addition to GpsLocationProvider.
- Improved overall stability, performance and reliability
Android 12.1 Update for Windows Subsystem for Android – Known Issues
- Camera instability on ARM devices
- Unstable printing via Android apps
- Some applications displayed at lower resolutions may not display correctly.
- Some VPNs may not work with Advanced Networking. If you’re using a VPN and find that Android apps don’t have network connectivity, disable Advanced Networking in the Windows Subsystem for Android Settings app.
- Some apps that were previously available may be missing, not launching, or not working properly due to various known issues. We are working with our partners to resolve these issues as soon as possible.
If you’re running Windows 11 build 22621 or later, you can update the Windows Subsystem for Android from the Microsoft Store and access the Android-focused 12.1 WSA.


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MINTO – The Minto Chamber of Commerce and the Community Improvement Partnership of Hanover announced on Oct. 7 they have received a $17,500 grant from Digital Main Street (DMS) to fund a Digital Service Squad. The squad will help downtown small businesses within the municipalities improve their online capabilities.
Minto and Hanover received the Digital Main Street grant from the Ontario government to establish a Digital Service Squad to help main street small businesses enhance their use of digital tools and techniques to better evolve and grow. Ethan Schwandt has been hired and will visit small businesses in Minto and Hanover at no cost to help them set up a Google Business Profile, conduct a digital-readiness assessment, take training and apply for a $2,500 Digital Transformation Grant.
“A vibrant downtown is key to a strong community. Because of this grant we will be able to serve our business area and teach them how to use new technologies and provide tools and training to take advantage of new opportunities and stay competitive in today’s digital world,” said Somer Antonopoulos of the Minto Chamber of Commerce.
A joint program funded by the Government of Ontario and delivered by the Ontario BIA Association, Digital Main Street helps improve how small businesses use digital tools and techniques to become more successful. Today’s digital economy is vital to small businesses, and DMS will help them adopt new digital technologies from e-commerce and social media to back-office systems such as payroll and inventory.
“It is vital our small businesses receive the hands-on training to compete in a digital world,” said Randy Pettapiece, MPP for Perth-Wellington. “This funding recognizes the important work the Town of Minto is doing to revitalize our main streets.”
“Minto and Hanover are showing how partnering can take greater advantage of Digital Main Street to keep their downtown cores vibrant and strong,” said Kay Matthews, executive director of the Ontario BIA Association. “Digital Main Street will help the main street small businesses in Minto and Hanover to compete in an increasingly digital world.”
Camp Tech sessions
Businesses in the downtown areas will be introduced to the Digital Service Squad over the coming weeks. Hanover and Minto’s first major project is hosting two Camp Tech sessions in Neustadt on Nov. 5 and 6 at the Neustadt Community Centre focusing on social media and websites for small businesses. These sessions are free to the local business community and spots can be reserved on Eventbrite by searching “Social Media for Small Business: Neustadt Workshop” and “Small Business Websites 101: Neustadt Workshop”
Any local business interested in working with Schwandt or suggesting a topic for a workshop, may contact Antonopoulos at firstname.lastname@example.org or April Marshall at email@example.com.


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By Davion Smith, BVI News Journalist
Some car dealerships in the British Virgin Islands may be placed under investigation in light of reports that they have been breaking the law.
Following government’s decision to place a three-month Customs duty waiver on the importation of vehicles, local car dealerships are being accused of shipping in new vehicles tax-free and reselling them with duties included in the price.
A senior-level officer in the Royal Virgin Islands Police Force made the disclosure during a community forum for residents of the Seventh and Eighth electoral districts last evening.
The cop said he experienced the unscrupulous practice firsthand.
“A number of persons in my organization has had the same problem. I’ve been to two dealers today and the price of the vehicle now is the price of the vehicle when duty was incorporated,” the law enforcer said.
The officer said car dealerships are claiming that the vehicles being sold with customs duties included in the price were the ones brought into the territory before the hurricanes.
The cop however said he uncovered that these local car dealers were lying.
“I went to the Comptroller of Customs [Wade Smith]… and the Comptroller of Customs could confirm these vehicles landed duty free.”
“Since the hurricane, some people take our misfortune and call it business. It’s the highest level of exploitation ever seen in this country and nobody seems to be speaking up and speaking out.”
“These dealers are selling their vehicles with the duty in the price. What happens in January when the Premier says ‘OK, we are gonna pay duty’? That vehicle that costs say $35,000 will cost $40,000 [and] then the BVI will be the most expensive country to live in the world,” the cop said.
In responding to the lawman, Deputy Premier and Representative of the Seventh District, Kedrick Pickering, said government will sanction a formal probe into the matter.
Junior Minister with responsibility for Trade, Marlon Penn, in the meantime, assured that the long-awaited consumer protection bill is nearly ready to be brought before the House of Assembly.
“That legislation is coming. I guarantee that it will be in Cabinet for next Cabinet meeting two weeks from now. Cabinet has to make a decision. It’s a process that it has to go through,” Penn said.
“Once cabinet makes a decision on the legislation and decides they are going forward; then we take it to the House of Assembly to enact the law on the books so we could start putting pressure on the persons who have been taking advantage of the consumers with the territory.”
Copyright 2021 BVI News, Media Expressions Limited. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.


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Former director of food and beverage at London's Park Lane hotel Andrew Bennett has been appointed brand ambassador for the Full Range.
Honoured with an MBE in 2009, 61-year-old Bennett (pictured, right) spent 23 years with the Park Lane hotel (now the Sheraton Grand hotel) before stepping down at the end of 2016.
He now chairs various chefs' judging panels in the UK and overseas and runs courses, including at the University of Sheffield.
The Full Range, a culinary, purchasing and support business established 10 years ago by George McIvor (pictured, left), chairman of the Masterchefs of Great Britain, advises chefs and managers on food and beverage purchasing, and also provides a range of culinary services.
Bennett said: "I didn't take the decision to back the Full Range lightly and hope I can add even further to its fast-growing credibility."
McIvor added: "Andrew commands an outstanding reputation in the UK hospitality industry, not only for his own skills and personality but for his abilities in assessing and nurturing young talent. His experience of the entire food chain, his business ethos and unswerving devotion to quality are a perfect match for the Full Range."


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May 31, 2006
USDA to help small meat plants bolster food safety
WASHINGTON (Reuters) - The U.S. Agriculture Department
announced a two-part initiative on Wednesday to help owners of
small meat, poultry and egg product plants improve their food
The plants account for 90 percent of the 6,000 federally
inspected meat, poultry and egg product plants in the nation
although their share of U.S. output is much smaller.
telephone number and a Web page to assist small operators as
well as better access to technical resources, such as education
and training material. Partnerships with industry, academia,
consumers and public health experts will be expanded.
The Food Safety and Inspection Service, which oversees meat
inspection, will make employees available to meet plant
operators to learn more about their needs.
USDA also said it would make plant owners and operators
aware of its loan and loan guarantee programs, which could help
operators upgrade facilities and equipment.
By government definition, small plants have less than 500
workers but generate more than $2.5 million a year in sales.
Very small plants have fewer than 10 employees or less than
$2.5 million in sales.
Beginning in the late 1990s, USDA required meat and egg
plants to adopt the Hazard Analysis Critical Control Point
system for preventing food contamination. Under HACCP, plants
identify the points during processing when contamination can
occur and take special steps to prevent it.


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Signing out of account, Standby...
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text: Behold the ever expanding rings of tech’s most overhyped sector. Demand is fierce for software, hardware and consulting services that let companies process and store giant streams of varied and frequently changing information. It’s an $18 billion industry heading to $50 billion in five years, according to tech researchers at Wikibon. Make note of the names in the inner circle. They’re the pure plays with the newest science—and are likely to get gobbled up by the growth-hungry incumbents on the outside.


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The 5G auction brought in $853 million in the government’s coffers, while this is a lot of money the total amount of the spectrum sale is lower because of limited competition, partly because of the restrictions there were put on Optus and the nbn company regarding the amount of spectrum they can have in metropolitan areas. Both these companies have already reached the limit of metropolitan spectrum that telcos can buy.
Furthermore, the overall price was subdued because of the announced merger between Vodafone and TPG, which further limited the level of competition that could have driven the price higher. Without these impediments the government could have cashed in well above $1 billion. But the government correctly went for a more balanced approach. Smaller players known as Mobile Virtual Network Operators (MVNOs) were disappointed that the government hadn’t gone a bit further and included a requirement in the spectrum auction to also make mobile network capacity available on a wholesale basis, this would have further stimulated mobile competition, especially as after the Vodafone/TPG merger competition will be reduced.
But perhaps more importantly, the more I think about 5G the more I ponder that it is a fabulous plot of the telecommunication equipment vendors to get the operators to buy a whole new set of gear worth billions and billions of dollars to them, while in all earnest there is very little the operators can do to increase their mobile revenues. As I mentioned in my analysis from a few days ago , users are very happy with their current 4G service and for them there would not be a reason to pay extra money to switch over to 5G. The only thing that is in it for the operators is a more efficient infrastructure, while important, the question is if that is worth the large investment? On top of the spectrum they just bought, billions of dollars will need to be invested in 5G infrastructure.
Newcomer Dense Air was a bit of a surprise, but that further confirms my thoughts, the relative small amount of spectrum they bought indicates that they will look at niche markets where there would be an early demand (and a premium price) for the much talked about new IoT services, however the big operators are not so interested in niche markets and they are also not good at servicing such markets, they are mass markets operators, and to develop a mass IoT market will take a very long time.
Potential (mythical) new revenues for them might appear 5 to 10 years down the track when millimetre wave spectrum and technologies are added (again at extra costs) for the sort of IoT services Telstra mentioned at their recent launch (autonomous vehicles, smart cities, e-heath, etc).


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Saving the planet can be done, even from your couch.
Plastic isn't our only enemy, according to a study by the Anglia Ruskin University.
It's an ambitious plan that just got more support from the government.
This is a conservation win!
"We cannot continue with business as usual," according to experts.
Daniel Webb used an astounding amount of plastic in just a year!
Apparently, everything we've learned about plastic recycling is wrong!
This is such an amazing idea!
Good job, New Zealand!
Candy wrappers, drinking straws, and other plastic waste are used to create these cool chairs!
We can expect more Mangkhut and Florence-level typhoons and hurricanes soon, according to experts.
Beyond the beautiful facade, dark secrets lurk.


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23.07.21 - 29.07.21 Sup SEAkers!
Philippines’ Hidilyn Diaz reacts while competing in the women’s 55kg weightlifting competition during the Tokyo 2020 Olympic Games at the Tokyo International Forum. Photo: AFP
This Week's News Spotlight:
How making travel easier will change Laos tourism - SCMP| Duterte Pushes to Open Philippines to More Foreign Investors - Bloomberg| Singapore-Based Cyberdyne Exchange to Debut China Carbon Credit-Backed Tokens - Caixin Global| As Vietnam’s coronavirus surge continues, lockdowns take their toll on factory output, small businesses - SCMP| Thailand Risks First Double-Dip Recession Since 1998 Crisis - Bloomberg |The China Model: What the Country’s Tech Crackdown Is Really About - Bloomberg
How making travel easier will change Laos tourism - SCMP
The opening of the line and a north-south highway will change tourism in Laos by making it easier to travel to and within the country. Photo: Getty Images
For better or for worse, Chinese-developed and -funded infrastructure is opening Laos up to the outside world. This development is best exemplified by two major projects: the 414km (257-mile) rail link that, when it opens (scheduled for December 2021), will connect Boten in Yunnan province, on the China-Laos border, with Vientiane, the Laotian capital; and the China-Laos expressway, the Vientiane-Vang Vieng section of which was inaugurated in December 2020. These links are expected not only to boost trade between the neighbouring nations, but also to open Laos up to more international tourists.
As well as attracting individual travellers who would have once been put off by the limited options for getting and out of the country – expensive flights or bone-juddering bus or van journeys – the new links and associated upgrades will, Phommavong hopes, appeal to a different kind of visitor. “The luxuries offered by more modern cities could attract more higher-end, longer-staying tourists, with better accommodation, restaurants and shops selling local products.
“More tourists translates into more opportunities for tour operators and the area’s villages. This also leads to more jobs. But the stress must be placed on sustainability.”
Duterte Pushes to Open Philippines to More Foreign Investors - Bloomberg
Duterte to Make Last Annual Address to Congress
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Duterte’s sustained appeal with voters will also be an advantage for his chosen candidate in presidential elections next year. Among his possible bets are his daughter Sara, his aide Senator Christopher “Bong” Go, and former Senator Ferdinand Marcos.
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Digital green exchange Cyberdyne Tech Exchange will next month debut Chinese carbon credit-backed digital tokens, its co-founder and executive chairman told Caixin.
The Singapore-based exchange’s carbon neutrality tokens (CNTs) are a type of non-fungible token stored on a blockchain, with each representing 1 ton of carbon credits. These credits are tradable certificates that allow holders to emit 1 ton of carbon dioxide or other greenhouse gases.
Such blockchain-backed tokens, which contain information — including data on emission volume, carbon offsetting and carbon capture — can be traded on Cyberdyne’s platform by global investors.
As Vietnam’s coronavirus surge continues, lockdowns take their toll on factory output, small businesses - SCMP
A deserted highway in Ho Chi Minh City, which remains under lockdown to curb an outbreak of Covid-19 cases. Photo: AFP
In the first six months of 2021, 70,209 businesses shut down – a 24.9 per cent increase year on year, according to the Ministry of Planning and Investment. This equates to about 400 businesses closing each day. Most of these enterprises were small-scale, less than five years old and in the commercial and services industries which “were continuously affected by recent [Covid-19] outbreaks”, a ministry report published earlier this month said.
In comparison, more than 67,000 new businesses were registered, up 8.1 per cent in the same period, mostly in the manufacturing, car and motorbike retail and repair, and construction fields.
Almost 1.2 million people of working age lost their jobs in the second quarter, the same period the fourth wave hit Vietnam, with those between the ages of 15 and 24 comprising one-third of this group, potentially affecting their long-term employment prospects.
Thailand Risks First Double-Dip Recession Since 1998 Crisis - Bloomberg
A near-empty Patong Beach in Phuket, on July 19. Photographer: Andre Malerba/Bloomberg
Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival.
Gross domestic product is expected to grow 1.8% this year, according to the latest weighted average of 36 economists surveyed by Bloomberg. That’s particularly weak considering it’s a comparison to last year, when the Thai economy contracted 6.1%, the most in more than two decades.
Bangkok and 12 other provinces, which account for more than half of Thailand’s economy, have been under lockdown and curfew since last week as the delta variant threatens to overwhelm the country’s public health system. The Bank of Thailand has said the outbreak could shave as much as two percentage points off GDP this year if current measures fail to quell it and the pandemic endures for the rest of the year.
The China Model: What the Country’s Tech Crackdown Is Really About - Bloomberg
Employees at Hello Inc. headquarters in Shanghai on April 26, shortly after the company confidentially filed for a U.S. initial public offering. PHOTO ILLUSTRATION: 731: PHOTO: BLOOMBERG
Lillian Li, founder of the newsletter Chinese Characteristics, deems the disruption “a rebalancing of the dynamics, redrawing the boundaries. I don’t think the Chinese government is out there to destroy tech giants.” After decades of an anything-goes ethos, she says, China wanted to remind its tech industry “what they can do and can’t do.”
If China is abandoning the Silicon Valley model, what will it replace it with? Insiders suggest it will be less founder-driven and more China-centric. U.S. antitrust action often focuses on strengthening consumer protections, but China’s crackdown is ultimately geared toward protecting government policy.
The cost of China’s turn on tech is also being borne by its future business leaders, who, after years of looking up to the founders of DiDi and Alibaba, now have to figure out how to think differently.


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Russian media actively publishing about tourism potential of Ajara19 May 2016
Promotion of tourism products of Ajara is in its active phase in Russia. For the first time this year Department of Tourism of Ajara has launched an active PR and Marketing activities in Russian Federation the goal of which is to promote the tourism potential of the region and which caused the great resonance in Russian media. At the conference held by Department in Moscow attended by the representatives of famous Russian online and print media the issues connected with tourism potential of Ajara, its sightseeing, rest in Ajara and prices were discussed. As a result at about 50 articles have been published focusing on the increasing number of Russian tourists in Ajara, main sightseeing of the region and the variety of tourism products.
Within PR campaign Department hosted the press lunch for the journalists in Moscow and the culinary masterclass for the travel agencies. Travel agencies got acknowledged to Georgian cuisine at the masterclass and cooked traditional Georgian dishes themselves. The goal of the masterclass was popularization of Georgian cuisine which was greatly appreciated by travel agencies. They actively commenced to work out the gastronomic tour packages in direction of Ajara.
Within PR campaigns the active online promotion has been launched in such famous online publications as Travel.ru, Tourister.ru and Tonkosti.ru by placing the promoting articles, banners and online competitions.
For the first this year Department of Tourism of Ajara also hosted the groups of popular Russian TV channels Моя планета and Пятница who prepared the TV shows about Ajarian cuisine and the gastronomic tours of the region. The TV show „Планета вкусов“ was broadcasted via „Моя планета“ in May. As to the TV show „Еда, я люблю тебя“, it will devote its telecast to Ajarian gastronomy on TV channel Пятница in July. The camera crew of the TV channel Пятница will visit Aajara at the end of June once again. This time Ajara will be shown as the most romantic and beautiful places for wedding. Besides the camera crews of TV channels the journalists within the press tour will get aware of the tourism potential of the region.
Department of Tourism of Ajara will continue PR and Marketing activities for attracting the Russian tourists till August. Russia has taken the third place after Turkey and Azerbaijan according to the number of tourists entering our region. Ajara was visited by 430 817 Russian tourists during last three years.


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OnePlus will launch another Nord phone on June 25 in Canada called the OnePlus Nord N200 5G.
This is a successor to last year’s N100 and brings some notable improvements to the phone, such as 5G, the Snapdragon 480 5G chipset, and a massive 5,000mAh battery.
The biggest advantage of this phone is that it starts at $ 319 CAD, but it also has a 6.5-inch 90Hz screen, 4GB of RAM, and a 13-megapixel main camera system.
The 5,000 mAh battery is another big plus, and OnePlus has added an 18-watt fast charge, which should help the phone charge moderately fast. It won’t be as lightning fast as the 65-watt load on the OnePlus 9 Pro, but it should get the job done.
OnePlus will launch the phone on Friday, June 25, in its website. It will have 64GB of storage and will come in a dark ‘Blue Quantum’ color.
It’s good that OnePlus hasn’t forgotten about Canada and is launching this phone here. However, it is still strange that the company did not bring any of its upper mid-range Nords like the new Nord CE to Canada or even a new version of the N10 5G, which was slightly better than the N100.


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The groundbreaking “FootGolf” has become a new favourite to the sports world. Creating a major sensation all over the globe, the first FootGolf World Cup was held in 2012 and sports enthusiasts are now looking forward to the second edition to be held in 2016. Maurice Lacroix joined hands with leading watch retailer Tic Tac Time and deluxe car brand Infiniti to present the first-ever “FootGolf” Day recently in Hong Kong via a celebrity tournament featuring Mr. James Magnussen, Maurice Lacroix Brand Ambassador and international swimming champion, and members of Hong Kong All Star Sports Associations Mr. Felix Wong, Mr. Eddie Cheung, Mr. Michael Wai and Mr. Bryan Pun.
The “FootGolf” celebrity tournament was presented by the members of Hong Kong All Star Sports Association, namely Mr. Felix Wong, Mr. Eddie Cheung, Mr. Michael Wai and Mr. Bryan Pun. Maurice Lacroix team, Tic Tac Time team and Infiniti team tournaments were presented respectively.
The champion of the first-ever “Maurice Lacroix x Infiniti – Your Time is Now FootGolf Day” went to Mr. Adrien Choux, Regional Sales Director Asia, Maurice Lacroix who received the prize of a Maurice Lacroix FC Barcelona football limited edition. While the spectators were cheering enthusiastically for the teams, they also took the opportunity to appreciate a selective collection of spectacular Maurice Lacroix timepieces demonstrated by the models in FC Barcelona outfits. The “FootGolf” Day announced a joyous completion with a prize-presentation ceremony.
Mr. Franck Giacobini, Vice President, Asia, Luxury & Watch, DKSH Hong Kong Limited, remarked, “My wholehearted gratitude to our valuable partner, Tic Tac International Holdings Company Limited, its Chairman and CEO, Mr. Kan Lam, for his full support to Maurice Lacroix and today’s event. FootGolf’ is a new sport form that has created a major sensation all over the world.
Maurice Lacroix, renowned for its ingenious creativity and pioneering spirit, is delighted to join hands with our retail partner Tic Tac Time and deluxe car brand Infiniti to launch the eye-opening sports in Hong Kong. We are particularly honoured to be able to invite Mr. James Magnussen, Maurice Lacroix Brand Ambassador and international swimming champion, and four representatives from Hong Kong All Star Sports Association, to join us today at this celebration.”


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A LOCAL artist, known for her lively murals at the Belper Cottage Project, has a new venture in the town.
Sheila Guyatt, who lives in Belper, has inspired local artists to take part in a three-day weekend of Open Houses, when there will be about a dozen venues to visit. People interested in art will be able to see portraits, ceramics, textiles, paintings, canal art, stained glass and other work on display and for sale in private houses around the town.
Sheila will be opening her house and showing her own work. She said: “We want to make art available to everyone.” Keep an eye out for posters and leaflets in local shops and the Ritz cinema, on King Street. The Open Houses event is from Saturday, May 28 until Monday, May 30.


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As brands rush to tell consumers about what electric vehicles can offer, Ford Motor Co. is trying to bring “frunk” into the cultural lexicon.
“Frunk” is slang for front trunk, or the empty space under the hood where most gasoline-powered vehicles have an engine.
The frunk is representative of how the arrival of mainstream EVs will herald significant behavior changes in the driving experience, including zero trips to the gas station.
Although automakers selling EVs have spent most of their time assuaging consumer concerns such as range anxiety, Ford is now focusing on the fun and trying to make the frunk a cultural moment and part of a lifestyle.
The social media-led campaign centers on the question of “how can we get this term into the lexicon, where it’s in pop culture and it’s not in a cheesy way” Tania Taiwo, a creative/writer for ad agency Wieden+Kennedy, which handled the campaign, told Ad Age.
It takes the form of a YouTube series of three videos showing influencers using the frunk in different ways. For instance, one shows a Bronx-based chef collective called Ghetto Gastro cooking shrimp and waffles using power from an electric Ford and then eating inside the frunk.
Other videos star musicians Imani Lauren and Kaelin Ellis and tattoo artist Suro Shinn using the vehicle’s battery to power their art.
This focus on “the lifestyle you’re going to have in the car” also serves to justify the typically higher price tag for EVs by highlighting “what else am I going to get with my money,” said Jessica Caldwell, executive director of insights at Edmunds.


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Toyota South Africa has taken the wraps off a modified Hilux packing no less than 455 PS. The unique vehicle came to life as a way of celebrating one million Hilux sales in the country, a performance which was achieved a couple of months ago when Pretoria businessman Shabier Aboobaker acquired a 3.0 D-4D Legend 45 single cab model which represented the one millionth Hilux sold locally. This bespoke vehicle is essentially a road-going version of the Hilux racecar and comes with a 5.0-liter V8 engine borrowed from the Lexus IS-F, but further tuned to develop a massive 455 PS at 6,000 rpm.
It also benefits from upgraded front and rear differentials, 18-inch wheels, larger brakes and has a sporty suspension which makes the Hilux sit 50 mm lower than the regular variant. It also has a twin-plate AP racing clutch and a full tubular exhaust system while the all-wheel drive system and the D-4D gearbox have been essentially carried over from the standard model.
Toyota South Africa says the entire project cost about R1 million (around $72,150) and they don’t plan to roll out a production version, even though several people have already expressed their interest in buying this 455 PS Hilux.


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Black Friday deals at Sears. Sears has outstanding Black Friday sales on everything you need for family, friends and acquaintances. Find a wide variety of Black Friday deals on anything from toys and sporting goods to furniture and home appliances. You'll find. As its 2018 Black Friday ad is probably already complete or close to being finished, it will most likely be released. Whether or not your local Sears actually honors all of the prices remains to be seen, but this appears to be the beginning of the end for a retailer who was once a giant. 09.11.2018 · Black Friday 2018: Sears and Kmart announce holiday plans. Despite Sears Holdings filing for bankruptcy and closing stores, Kmart and Sears will still have Black Friday sales. See the Sears Black Friday 2019 ad at. Find the best 2019 Sears Black Friday deals and sales. Follow all of the breakingads and news.
08.11.2018 · To lure shoppers inside its doors, the company is offering Black Friday sales such as an $890 Kenmore French-door refrigerator at Sears, representing a 55 percent discount, and a. Sears Black Friday 2019 ad released on November 4, 2019. Sears will be open on Thanksgiving Day from 6 p.m. until midnight. Sears will reopen for Black Friday at 5 a.m. Sears is offering $20 Sears cashback for every $50 spent on clothing and shoes. 03.11.2018 · Sears Black Friday Ad 2018. Check out the Sears Black Friday Ad 2018 valid November 1 – November 28, 2018 Save with this week Sears Black Friday, and get amazing deals and offers. Sears . No matter what you're searching for, Sears offers something special for everyone at savings you love. Discover the best Cyber Deals and Black Friday sales, so you can find gifts that will put a big smile on your friends' and family's faces.
Complete coverage of Sears Black Friday 2020 Ad & Sears Black Friday deals info. Sears Black Friday Ad for 2019 is here, and it's got some seriously doorbusting deals this year! With 4 pages of this season's most in-demand products from trendy. Complete coverage of Sears HomeTown Black Friday 2020 Ad & Sears HomeTown Black Friday deals info. Sears hasn't yet disclosed its Black Friday plans, yet it has said it plans a preview of its Black Friday "doorbusters" — or products that are sold at a steep discount to lure consumers in the door — for members on Nov. 18 from 4 p.m. to 9 p.m.
See all of the latest Black Friday 2019 ads to plan your Black Friday shopping.carries all the best Black Friday ads scans as soon as they are released. Sears is kicking off its Black Friday sales early on Thanksgiving this year. Kmart stores will be open from 6 a.m. to midnight on Thanksgiving and reopen at 6 a.m. on Black Friday. Kmart and Sears hosted blowout sales all November already ahead of Black Friday. Sears's Black Friday doorbuster deals included 52 percent on a Kenmore Elite Refrigerator for $999.99, reg. price. Complete coverage of Sears Outlet Black Friday 2019 Ad & Sears Outlet Black Friday deals info. Comprehensive coverage of Black Friday 2019. View all Black Friday 2019 Ads, Black Friday 2019 Deals and Sales Online.
2019 Black Friday Deals on Appliances & More! Sears Outlet's Black Friday sale has arrived! This is our biggest sale ever with deals up to 73% off list prices! Shop while the savings last.Shop Black Friday Deals! It appears you don't have a PDF plugin for this browser. Click Here to download the PDF file. 25.11.2018 · Thanksgiving isn't going to take over Black Friday anytime soon, but the holiday did smash expectations and set the sales weekend up for success. Adobe. It is almost that time of the year again, shopping for the best deals? Well head on over to Sears for their annual Black Friday sale to see huge markdowns on electronics, home appliances, and more! Doors will open midnight or Friday morning, and will offer great door busters that will be too good, that it'll be gone before you know it. Make. 18.11.2018 · Black Friday 2018: Lowe's sales are on appliances, smart home, and more. This year, during Lowe's Black Friday sale, you can find great savings on vacuums, power tools, holiday decorations, and more.
A comprehensive guide for Black Friday 2019. See Ads, Sales, Deals and Thanksgiving Sales from more than 150 stores. Sears home. Deals; Coupons; Gift Ideas. Gift Ideas; Gift Cards; Gift Registry; Credit Card. Credit Offers. Spring Black Friday is a great time to save on new appliances. Enjoy the warm weather by shopping Spring Black Friday Sales at Sears Outlet. Sears Outlet has Spring Black Friday sales and deals featuring amazing discounts of up to 70% off regular retail.
Sears Black Friday Deals 2018 – Full Ad Scan Leaked. By. Jake Briscoe-November 21st, 2017. Share on Facebook. Tweet on Twitter. Sears is by far one of the largest department store chains in the. Despite Sears Holdings filing for bankruptcy and closing stores, Kmart and Sears will still have Black Friday sales. Both retailers will start their in-store sales on Thanksgiving except where prohibited by state and local laws, much like other major retailers such as Walmart and Best Buy.
See the Sears Hometown Store Black Friday 2019 ad at. Find the best 2019 Sears Hometown Store Black Friday deals and sales. Follow all. Sears Black Friday Deals & Sales. If you make one stop on Black Friday, make sure its at Sears. Sears Black Friday sales offer great discounts on home appliances from Kenmore, tools from Craftsman, and clothing from the Kardashian Kollection, Lands' End, and more. Black Friday 2018 Deals, Ads, Sales Preview: JCPenney, Kohl’s, Walmart, GameStop, Amazon, Sears Sales. Here’s what to expect on Black Friday 2018 including the best deals, online sales start time, store hours, ad scan, predictions and more.
Sears Holdings files for Chapter 11 bankruptcy protection ahead of Black Friday and Cyber Monday 2018. Sears will close a hundreds of stores including Kmart after the holiday sales season. Sears, the once-largest retail chain in the United States, has filed for bankruptcy. The 132-year-old retail.
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AUSTRALIA: CCA rules out Orchy acquisition - report
Coca Cola Amatil (CCA) has pulled out of its acquisition of Orchy, according to press reports. The Australian Financial Review reported yesterday that CCA was no longer looking at buying the fruit juice business, citing unnamed industry sources.
In the report, Orchy's owner Keith Harris & Co has been told by CCA that it was planning to acquire larger juice acquisitions or build its own business. CCA would do this by using its own brands or those of its US-based parent company, Coca-Cola Co.
The report quoted a director at Keith Harris, Peter Robinson, as saying that Orchy was now in negotiations with other unlisted beverage companies about the sale of the business.
Coca-Cola Amatil produced decent first-half results but speculation that it may sell some of its international operations and its determination to look beyond the core soft drinks sectors for growth i...
Coca-Cola Amatil said yesterday (10 August) that it has agreed to purchase the business and assets of the Grinders Coffee Group (Grinders)....
Following a review of its operations, Coca-Cola Amatil has announced its intention to restructure its Asian business activities through the creation of an Asian Beverage Division (CCA Asia)....
Coca-Cola Amatil (CCA) has seen its net profits increase 16.8% to A$145.2m in its first half, driven in part by growth of non-carbs and innovation, the company said today (10 August)....
Coca-Cola Amatil (CCA) is poised to shake up its Indonesian and South Korean bottling operations, according to an investment bank....
Coca-Cola Amatil is to issue a five-year A$250m (US$192m) domestic debt issue....
SPC Ardmona has signed an agreement with parent company Coca-Cola Amatil (CCA) to supply it with apple juice....
The managing director of Coca-Cola Amatil's (CCA) South Korean unit has taken extended leave, according to press reports....
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- Emerging Drinks Industry Trends


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And, until very recently, it had been reported that John Lewis was going to join these retailers as well with its own PS5 restock on the "25th-26th November".
Unfortunately, as confirmed by the respected UK stock checking Twitter account PS5 Stock UK, the John Lewis PS5 restock dates listed above "have now been cancelled" as "expected shipment dates have disappeared off John Lewis' internal stock systems".
On face value that sounds bad. However, from tracking PS5 restocks for a year now since launch we've learned that this tends to mean a date change in either direction, be that forwards in time or backwards. As such, our reading of this is that we could see this John Lewis restock drop the week starting 29 November or, excitedly, this week.
Our gut feeling is that we're going to see one more PS5 restock from John Lewis before Christmas and that instead of going live in Black Friday week, the retailers is bumping it to the first week of December.
And this is good news as, one, it means that gamers won't have to navigate a John Lewis checkout during the Black Friday week and, two, orders bought in that drop will still be delivered before Christmas.
As such, we're currently pointing at John Lewis as our outside top pick for consoles in the UK after Black Friday 2021. This all said, though, it would be foolish not to stay tuned into events this week, too, as we might see a surprise drop. Be sure to check in to the PS5 product page at John Lewis often, and then hopefully you too will be playing the best PS5 games this winter holiday season.