Partnership

SINGAPORE: The digital economy is expected to contribute 22.6 per cent of Malaysia’s gross domestic product (GDP) and create over 500,000 jobs by 2025, said Science, Technology and Innovation Minister Datuk Seri Dr Adham Baba. Dr Adham said Malaysia has placed priorities on expanding the adoption of digital consumer tools (e-commerce and digital payments); attracting, training, and retaining digital talent; fostering digital entrepreneurial ventures; providing fast fibre optics and mobile broadband Internet access; as well as coordinating innovation between universities, businesses and digital authorities. "The level of digital evolution helped cushion against the pandemic’s economic impact. For example, more digitally-evolved economies tend to derive a larger share of their GDP from high-tech sectors, where the workforce can shift to remote working more readily. "In addition, they tend to be better at delivering public services online due to superior infrastructure, experience … [Read more...] about Malaysia’s digital economy to contribute 22.6% to GDP, create half a million jobs by 2025

(CNN) It seems that every few days, a new star announces their foray into the world of non-fungible tokens, cryptocurrency or some other inscrutable corner of the metaverse -- the general term for a nascent virtual space where people can play, meet, and of course, buy things. This has been a habit for a while now, and every starry-eyed announcement usually promises some form of connection or exclusive opportunity. But for the majority of the population who don't own cryptocurrency or NFTs (and may not care to), big names and the pricey tech concepts they promote make for strange bedfellows indeed. Take some recent examples: Last week, Madonna minted an extremely NSFW NFT collection that featured explicit images of her giving birth to a tree, as well as a 3D model of her undercarriage. Charitably, the reactions were mixed. crypto-terms cryptocurrency: a currency that exists virtually and requires complex technology to verify and use NFT: … [Read more...] about The celebrity love affair with NFTs may be just beginning — even amid flops and doubts

KUALA LUMPUR: Malaysia is in a good position to become an international role model as it commences the nationwide rollout of its fifth generation (5G) network, says a United Nations official. Brett Haan, an adviser on 5G strategy and policy, said the pandemic had accelerated 5G investment growth globally. “Many countries around the world are looking at how to address the digital divide that Covid has so bitterly revealed and how to ensure that 5G can be properly harnessed. “So I see this as an opportunity for Malaysia to be a role model for the rest of the world,” he said yesterday during an online forum by The Institute for Democracy and Economic Affairs (Ideas) entitled The future of 5G: benefits and challenges in deployment. Ideas chief executive officer Tricia Yeoh said the nationwide 5G rollout will benefit the local telecommunications industry. “The implementation of 5G can augur well for industry growth, which in turn would generate positive economic outcomes for … [Read more...] about Ensuring the success of 5G

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × eMudhra , the largest licensed certified authority (CA) in the digital signature certificates market in India, will be launching its initial public offering (IPO) on May 20. Here are 10 key things to know before subscribing to the public issue: 1. IPO Dates The offer will open for subscription on May 20 (Friday) and close on May 24 (Tuesday). 2. Price Band Close The price band for the offer has been fixed at Rs 243 - 256 per share of face value Rs 5 each. 3. Offer Details The IPO, sized at Rs 413 crore, comprises fresh shares of Rs 161 crore and an offer for sale worth Rs 252 crore by shareholders and promoters. After the issue, the promoter shareholding will decline 18.16 percent to 61.03 percent. Of the total offer size, 50 percent will be reserved for … [Read more...] about As eMudhra IPO opens tomorrow, here are 10 things to know before subscribing

Despite the flourishing of work from anywhere during the pandemic , it still matters where a startup is located. That's because, as I wrote in Startup Cities , regions of the world differ in the vitality of their local Startup Commons -- a collection of regional resources that at best provide an irresistible attraction for capital and talent or at worst repel both. This comes to mind in considering the flow of venture capital around the world in 2021. A striking conclusion is that on a per capita basis, capital flows into Israel were a whopping 28 times more than those in the U.S. To be sure, 2021 venture capital flow into the U.S. was way larger than into Israel -- up at 154 percent in 2021 to $330 billion versus 136 percent higher to $25.4 billion, according to NoCamels But Israel's population of about nine million is a fraction of the U.S.'s 330 million people. Hence, Israel's $28,000 in venture capital invested per capita in 2021 is far above the … [Read more...] about Why Israel Drew 28 Times More Venture Capital Per Capita Than the U.S.

Share to Twitter Share to Linkedin Matson & Ridley Safaris offers a one-of-a-kind citizen science safari in Akagera National Park that directly contributes to the conservation of Africa’s wildlife. An African safari is one of the most life changing experiences one could have. Now animal lovers can participate in a citizen science focused safari in Rwanda’s famous Akagera National Park to conserve Africa’s most iconic species. Elephant expert, Dr. Tammie Matson of Matson & Ridley Safaris , offers safari-goers a unique chance to help protect elephants and give back to the community. Poaching and conflicts with humans have made the African elephant one of the most endangered animals in the world. With the help of the Akagera Management Company, a partnership between African Parks and the Rwanda Development Board, strong community engagement and high-end tourism from safaris, these mammals in Akagera are beginning to thrive. History of … [Read more...] about This Elephant Conservation Safari In Rwanda Is A Must-Do

Share to Twitter Share to Linkedin Sweet Chick, a popular New York-based restaurant group specializing in chicken and waffles, has just received $5 million in Series A funding from Founder's Table Restaurant Group. The partnership will finance the rapid growth and expansion of Sweet Chick’s presence throughout New York City, Los Angeles, and beyond, as well as the completion of the restaurant's transformation to a fast casual model. “Sweet Chick has the two ingredients that embody the spirit of Founders Table—innovative food, with the best chicken and waffles on the planet, and a unique Founder vision driven by John’s creativity,” said Nick Marsh, CEO of Founders Table. “We are excited to be a part of their growth.” Founded in 2013, Sweet Chick began as something of a community phenomenon in Williamsburg, Brooklyn, and put as much effort into collaborations with local artists and musicians as it did its gourmet comfort food and cocktails. As … [Read more...] about Sweet Chick Secures $5 Million Investment In Chicken And Waffles

New York (CNN Business) In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty lot in a nearly all-Black neighborhood of this upstate New York city, drew prominent visitors. They included Hillary Clinton and Chuck Schumer, the two US senators from the state at the time; Anthony Masiello, then the mayor of Buffalo; Byron Brown, the current mayor of the city; and other officials. The 90-minute event featured 18 speakers and was described as "Buffalo's longest-ever news conference." The group was there to announce that Tops Friendly Markets, a leading Northeast grocery chain, would be built on the site — located where an A&P supermarket stood in the 1960s when the neighborhood was a hub of economic activity for Buffalo's Black community. The announcement marked the culmination of more than a decade of activism by community advocates and others to address food inequities on Buffalo's East … [Read more...] about The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood

Share to Twitter Share to Linkedin Tax returns are annual drudgery, but they matter. They matter for individuals, businesses and investment entities. Everybody must file one, or more than one, depending on how many entities you have. You may have state taxes to file too. You might think your filing date is obvious, and hopefully you file before the deadline. The one everyone knows is April 15. Of course, that date moves slightly, such as for 2021 returns, when the due date was April 18, 2022. Business entities face other due dates. So what’s the big deal about when you file? Proof, for one thing. It can become important to prove when you filed because of the statute of limitations. Wouldn’t it be nice to tell the IRS, “Sorry, you are too late to audit me?” The overarching federal tax statute of limitations runs three years after you file your tax return. But there are many exceptions that give the IRS six years or longer. But starting with the normal three … [Read more...] about Court Rules IRS Is Too Late To Audit, Win For Taxpayers

Share to Twitter Share to Linkedin There have been two important opinions in the Low Income Housing Tax Credit Year 15 struggle so far this month. Both favor not-for-profit (NFP) sponsors. They each deserve their own post, so today we will start with JER Hudson GP XXI LLC which came down May 2 from Vice Chancellor Morgan T. Zurn of the Delaware Court of Chancery. First a little bit of background, which you can skip if you are familiar with the issue. The Year 15 Problem The major source of funding for affordable housing in this country is the LIHTC - Section 42 of the Internal Revenue Code. States are apportioned credits based on population. A specified agency in each state then parcels out the credits to projects. NFP sponsors have an edge in the allocation process. Typically the credit will be allocated to an investor limited partner, often a bank that is getting Community Reinvestment Act good dooby points in addition to the return from the credit. … [Read more...] about Delaware Chancery Refuses To Apply Ferengi Principles To Low Income Housing Deals