- A + A JAKARTA/TAIPEI (June 26): Indonesia has said Foxconn Technology Group is considering investing in the country's new capital, a move that would bolster the US$34 billion construction project. The Taiwanese company is looking at setting up an electric bus system and an internet-of-things network in Nusantara, as Indonesia's new capital will be called, Investment Minister Bahlil Lahadalia said in a statement on Sunday. Young Liu, the chairman of Hon Hai Precision Industry Co, Foxconn's flagship unit, met with Indonesian President Joko Widodo on Saturday to discuss the company's plan to invest US$8 billion to build a manufacturing plant with electric-scooter start-up Gogoro Inc. The factory, set to be built in Central Java province, will produce batteries and other electric vehicle (EV)-related products. Liu told Jokowi, as the president is known, that Hon Hai was happy to help Indonesia set up talent training institutions, and it would provide EV technologies … [Read more...] about Indonesia says Foxconn may invest in projects for new capital
Key roles of project manager
Financial Advisors: Is Now The ‘Right Time’ To Start Exploring Your Options?
Share to Twitter Share to Linkedin The truth is that taking the time to get educated about the opportunities available is a smart business decision—regardless of whether you want or are ready to make a move. Advisors often wonder if there’s a right time to embark upon the due diligence process. And the reality is that it’s important that they always stay aware and educated about the opportunities around them—particularly in an environment that’s evolved rapidly over the last several years. But to do a “deep dive” takes some time and effort on the advisor’s part and is generally left to those experiencing a gap between where they are now and where they want to be. And that gap helps determine the urgency around the next steps you might take. If the gap is big enough and important enough to justify the hassle of a move, then it makes sense to begin due diligence. You may decide that a more passive approach – what we call “armchair exploration” – is … [Read more...] about Financial Advisors: Is Now The ‘Right Time’ To Start Exploring Your Options?
Amid startup layoffs, larger job market remains buoyant across sectors
The larger job market in India remains buoyant across sectors – even amid layoffs by a clutch of startups in recent months – and employees will generally continue to call the shots through FY23. “We see FY23 to remain an employees’ market with some amount of adjustments. Employees still have the bargaining power, opportunities and enjoy the benefit of demand,” said RP Yadav, chairman of Genius Consultants, a staffing and human resource company. While information technology and IT-enabled services will continue recruiting, e-commerce, logistics and export-oriented sectors including textiles and leather goods are doing well in terms of hiring. The consumer goods sector will increasingly do well, as will the retail and hospitality segment, according to staffing firms, HR experts and talent managers. The near-normal level of economic activity in retail and hospitality is indicative of a revival in these sectors after a prolonged phase of weakness due to the pandemic and offers a … [Read more...] about Amid startup layoffs, larger job market remains buoyant across sectors
Younger workforce will not respect age, they respect relevance and impact: Shiv Shivakumar
Veteran industry leader Shiv Shivakumar says the younger workforce will be impatient and non-hierarchical. Amid growing demand for freshers and young professionals, veteran industry leader Shiv Shivakumar says that the younger workforce will be impatient and non-hierarchical and they will go for impact and relevance. “I think younger workforce will not respect age, they will respect relevance and impact,” Shivakumar told Moneycontrol. “The younger workforce will be impatient and non-hierarchical. They will expect a lot more from companies in terms of learning, development etc. They will build their own personal brands on social media,” added Shivakumar, group executive president, corporate strategy, at the Aditya Birla Group. Shivakumar, who was formerly the chairperson of PepsiCo Holdings in India and CEO of emerging markets at Nokia, said Gen Z need to give a company they join three to four years, contribute and learn the ropes. He said such an approach can never go … [Read more...] about Younger workforce will not respect age, they respect relevance and impact: Shiv Shivakumar
The Ultimate Guide To Traveling To Europe This Summer
Share to Twitter Share to Linkedin You've probably seen the pictures of the mountains of luggage at London's Heathrow Airport. You've heard about the heat wave. And maybe you have friends who got Covid while they were in Europe. With all that's happening, maybe you need a better guide to traveling to Europe this summer. "Tourism is back," says David Corsun, director of the University of Denver's Fritz Knoebel School of Hospitality Management. "Hotels are full. Flights are full. Restaurants are full." Travel by Americans to Europe will soar 600 percent over last summer , according to new projections by Allianz Partners. Europeans are traveling more, too. A new survey by insurance company Europ Assistance Group found that 71% of Europeans intend to travel during the summer . That's a 14 percentage point increase compared to 2021. But you don't have to get stuck in a crowd and miss the best part of your European vacation. Europe has changed … [Read more...] about The Ultimate Guide To Traveling To Europe This Summer
Tata Power falls 7% to hit two month low
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Shares of Tata Power Co fell as much as 7% to hit a two month low tracking a fall in local equity markets. The stock touched a low of Rs 223 -- a level last seen on 8 March 2022. Since 6 April, Tata Power has declined 20% while Sensex and Nifty lost around 9% each. Tata Power's March quarter (Q4FY22) adjusted profit after tax (PAT) of Rs 653 crore (up 66.3% on year) came 4% above estimate of Rs 632 crore primarily on account of higher dividend income and tax benefit from Coastal Gujarat Power Ltd (CGPL) merger in standalone business (PAT at Rs 1770 crore versus net loss of Rs 159 crore a year ago) and good performance from renewable energy (RE) business. Coal mining performance was disappointing with 36% sequential decline in PAT at Rs 397 crore owing to lower volumes and lower … [Read more...] about Tata Power falls 7% to hit two month low
We could be using facial authentication for a whole lot more than unlocking our phones
Apple’s product release events are famous for providing the stage where innovative products and services are introduced to the world for the first time. From Steve Jobs pulling the iPod out of his pocket to the iPhone’s debut, the event’s reputation is well established as a must-see reveal. advertisement advertisement In 2017, Apple’s flagship event was defined not by a groundbreaking new product but by a significant hardware shift. Instead of using a person’s fingerprint or passcode for authentication, the iPhone would use the face as a credential. The tech was called FaceID, and it revolutionized access control for our devices by introducing a secure and passive authentication experience for everyone, becoming second nature, many not realizing what’s going on behind the scenes. The technology was reported to be 20 times more secure than fingerprint readers, and it was one of the projects at Apple that I worked on as an engineer in the new product … [Read more...] about We could be using facial authentication for a whole lot more than unlocking our phones
How we can meet Biden’s 2030 climate goals with today’s technology
Unprecedented forest fires in the drought-stricken western United States . Tropical storms and rising seas threatening the Gulf and Atlantic coasts. Sizzling heat across large swaths of the country. As climate change unfolds before our eyes, what can the U.S. do to sharply and rapidly reduce its share of the greenhouse gas emissions that are causing it? advertisement advertisement The Biden administration has committed to reducing those emissions 50% by 2030 to below 2005 levels. That’s a critical first step of a global energy transition that must achieve net-zero emissions by midcentury to limit warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) and thereby avert the worst impacts of climate change. Twenty years ago, I would have regarded the U.S. 2030 pledge as crazy talk. But a new study in the journal Science that I coauthored, compares results from six independent analyses conducted by academic, industry, and nongovernmental … [Read more...] about How we can meet Biden’s 2030 climate goals with today’s technology
Resolving worker shortage woes
AS you’re aware, there is a serious manpower situation that Malaysia is facing. Some are saying Malaysia is at breaking point. It’s feared that our country is missing a golden opportunity to capitalise on high palm oil prices and will suffer production losses because of the acute shortage of workers. What has been done? According to the Malaysian Palm Oil Board (MPOB) report in 2015, up to 78% of the oil palm plantation workers are foreign workers, with most of them coming from Indonesia. Due to the Covid-19 pandemic, there was no new arrival of foreign workers beginning from March 2020, and Malaysia recently opened its international borders on April 1, 2022. Due to the shortage of workers in the oil palm plantation sector, expected revenue losses are around RM20bil. ALSO READ: More foreign labour soon This has led to the Malaysian Cabinet to agree to a special exemption for the intake of 32,000 foreign workers for the palm oil sector in April 2022. As mentioned much … [Read more...] about Resolving worker shortage woes
Hinduja brothers find a historical link to Buckingham Palace through their new London home
Carlton House Terrace overlooks The Mall and St James’ Park in London. The Hinduja brothers now occupy Nos 13-16 in the eastern terrace. (Photo: Danish Khan) In 2006, the Hinduja brothers bought 13-16 Carlton House Terrace for £58 million. They spent another £50 million on renovating the 67,000 sq. ft home which was formally opened in 2011. Over 300 people were invited to the housewarming party, but it was a few more years before the Hindujas moved in completely. The family was reluctant to leave their more modest 25,000 sq. ft abode - just opposite Carlton House Terrace - where they had lived for over 30 years. The four brothers Srichand, Gopichand, Prakash and Ashok who control the Hinduja Group do believe in lucky charms. But now the 25-bedroom property, which comprises four interconnected six-storey Georgian Houses, designed by architect John Nash with its classical cornices, French polished timber, and ceiling roses is where they host the high and the mighty. It is easy … [Read more...] about Hinduja brothers find a historical link to Buckingham Palace through their new London home