Yeah1 plans to issue shares to raise charter capital Multi-channel media group Yeah1 has announced a plan to issue nearly 62.56 million bonus shares at the rate of 200 per cent in 2019. Each shareholder will receive two new shares for every share he or she already owns. Bonus shares will be available to trade on the stock market after the issuance date. The share issuance will help Yeah1 triple its charter capital to VND938 billion (US$41.2 million) from its current VND312 billion. The value of the deal is nearly VND625.6 billion and the share issuance funding is taken from the company’s share premium recorded in its audited financial report for 2018. As of September 30, Yeah1 had VND1.13 trillion in its share premium and VND73 billion in undistributed post-tax profit. In the first nine months of the year, Yeah1 recorded VND1.03 trillion in revenue, up 111 per cent over the same period last year, and VND131.2 billion in post-tax profit, up 239 per cent. Yeah1 … [Read more...] about BUSINESS NEWS IN BRIEF 18/12
Top news enterprise
Jordan Peterson, a Canadian professor who frequently rails against political correctness on YouTube, says that he’s planning to launch an alternative to crowdfunding platform Patreon before Christmas. The announcement comes as Patreon has been losing users and patrons following the banning of a high-profile YouTuber belonging to the “Intellectual Dark Web.” Peterson and those in his circle have seen subscriber losses between 10% and 20%. Jordan Peterson, a Canadian professor who has built a reputation for fighting against “political correctness” and “cultural Marxism,” and conservative comedian and pundit Dave Rubin announced Monday that they would launch an alternative to crowdfunding website Patreon following the removal of several high profile conservative users of the service. In a discussion posted to YouTube Monday afternoon, Peterson said that he and his collaborators would launch a Patreon alternative “hopefully before … [Read more...] about Top Patreon creators of the ‘Intellectual Dark Web’ say they’re launching an alternate crowdfunding platform not ‘susceptible to arbitrary censorship’
Mexico to face fierce competition from Vietnam: Mexican economists Mexican economists have shared the view that once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect, Mexico will have to face fierce competition from Vietnam in many sectors, such as garments and textiles, leather and footwear, and electronic equipment. Arnulfo Gomez, a foreign trade expert, said Vietnam has successfully implemented a commercial strategy that helps improve the quality and competitiveness of its products on the international market by reducing spending on materials and applying technology in production. With such advantages, Vietnam has more capacity than Mexico to utilise opportunities generated by the CPTPP, he said. The experts suggested that the Mexican Government set forth new measures to raise the competitiveness of domestic businesses, thus avoiding adverse impacts from the deal. Statistics of the Mexican Ministry of … [Read more...] about BUSINESS NEWS IN BRIEF 16/12
Hilary Brueck, provided by Published 8:18 am CST, Saturday, December 15, 2018 Getty Images In 2018, scientists around the world published studies about a wide range of new discoveries. Their research uncovered new truths about what's best for human health, how we're impacting our planet, and the rise of fake news. Here are the 10 most-discussed scientific studies of the year — research that outraged, fascinated, frustrated, intrigued, delighted, and changed the world. Scientific discovery can be a quiet enterprise. A lot of scientific research happens in windowless laboratories, behind glowing computer screens, and out in remote fields and forests. But when scientists publish their work, they let the world in on what they've found. A new scientific study can captivate the public imagination, stoke vibrant discussion, or even change public policy. Such was the case for a few of the most talked-about scientific findings of the year. The following list of the … [Read more...] about The most buzzed-about science findings of 2018 include advice on dieting, drinking, and saving the planet. Here are the top 10.
Firms should seek to grow stronger in global economy: experts Vietnamese businesses need to urgently adapt their management methods and bravely step out into the world in order to survive and develop in the context of global integration, said experts at a workshop held Ho Chi Minh City on December 13. Vu Thi Thuan, Chairwoman of Traphaco JSC, said Vietnam is going through an extensive and intensive integration process by engaging in groups such as the Asia-Pacific Economic Cooperation (APEC) Forum, the Association of Southeast Asian Nations (ASEAN), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the EU-Vietnam Free Trade Agreement (EVFTA). This allows businesses to expand their markets but also presents a lot of challenges and competition, she said, adding that the development of technology and artificial intelligence requires enterprises to map out sustainable development strategies. Businesses should make plans to maintain comprehensive … [Read more...] about BUSINESS NEWS IN BRIEF 15/12