Share to Twitter Share to Linkedin Most of the countries at the top of a new list of the wealthiest in the world are not among the biggest or the mightiest. Many, in fact, are among the smallest: Consider Luxembourg , which tops the list published by Global Finance. Singapore, Ireland, Qatar, Macao and Switzerland follow the world’s only grand duchy. The indicators of a nation’s wealth can vary from one ranking to another — thus the differences among them — but often include a country’s Gross Domestic Product, or GDP (goods and services produced by a country during one year), the GDP per capita (the average amount of money that each person in a country earns in a year) or the gross national income, or GNI. MORE FROM FORBES Ready To Move To Europe? These 6 Countries Are The Best For American Expats To Enjoy Life By Cecilia Rodriguez Examining the per capita GDP of each country around the globe is a frequent parameter because it … [Read more...] about The Richest Countries In The World: Tiny Luxembourg At The Top
Why expats love singapore
Top 5 Massage and Spas in Bangkok
Bangkok is a great city for visitors to recharge their batteries however they want – whether it’s getting pampered, partying the night away or a combination of both. Every corner of the capital now has a wellness destination (even if they aren’t visible from the street). These spas, which range from affordable Thai massage parlours to luxury hotel sanctuaries, are the capital’s hotspots for relaxation and pampering. We know that being in the capital of the Land of Spas means there are plenty of options. But we’ve narrowed it down to just 5 of the most relaxing and peaceful spas in Bangkok that will take the stress out of everyday life. Please note that due to COVID, opening times may differ and some spas may be closed. Please be sure to check before you make any plans. 5 Best Massage and Spas in Bangkok 1. Yunomori Onsen & Spa Onsen & Spa is an “upscale, Japanese-inspired spa facility”. Here, they have transported the Japanese onsen (hot spring) culture’s … [Read more...] about Top 5 Massage and Spas in Bangkok
Smart Cities Won’t Mean The End Of Car Ownership Says Hyundai
Share to Twitter Share to Linkedin As cars become electrified and connected, there’s another debate emerging. Once vehicles can reliably drive autonomously at Level 5, should we continue to own them? Some visions of the Smart City of the future foresee public transport and self-driving taxi services as taking over personal car ownership entirely. But when I talked to Youngcho Chi, President and Chief Innovation Officer at Hyundai Motor Group (HMG), he still thought there would be many people with cars in their driveways for years to come. Chi has been presenting HMG’s vision for the Smart City at the 2022 World Cities Summit in Singapore . “The idea was to revitalize cities by redefining urban boundaries,” says Chi. “We envision a city that's human centered. It exists alongside nature, and it embraces future technology. It's a hexagonally shaped city with a human center, the surface layer, and space underground, which is where functions are centered. A road … [Read more...] about Smart Cities Won’t Mean The End Of Car Ownership Says Hyundai
Del Monte buys Kitchen Basics asset from McCormick for $99M
Campos-led Del Monte Pacific Ltd. closed a $99 million deal to acquire the assets of the Kitchen Basics brand from American seasonings and condiments giant McCormick & Co. Kitchen Basics’ products are distributed nationally in US. It offers a range of organic stocks and broths, which are used to make soups, stews and sauces. “Del Monte Foods has gone through a positive transformation over the past five years, and we have become a leading innovative [consumer packaged goods] growth company,” Greg Longstreet, president and CEO of Del Monte Foods, said in a stock exchange filing on Thursday. Del Monte Foods is the US subsidiary of Del Monte Pacific, which is listed in the Philippines and Singapore. “As we plan for the next decade of growth, we’re committed to strengthening our branded product portfolio to meet consumers’ changing needs. The acquisition of Kitchen Basics will enable us to leverage synergies across our business to scale our broth and stock portfolio across North … [Read more...] about Del Monte buys Kitchen Basics asset from McCormick for $99M
How Keeping Cows Cool Led To A Half-Billion Dollar Company
Share to Twitter Share to Linkedin It really did all start with cows. The founder of Big Ass Fans, Carey Smith, had worked with a company that made large, slow-moving fans designed to cool cow barns, as heat reduces the amount of milk that cows can produce. Smith saw an opportunity to apply the concept in warehouses, and he formed HVLS Fan Co. around his own design (the name being an abbreviation for his “high-volume, low-speed” fan). He marketed his innovation to both dairy farmers and warehouse operators, but it soon became popular for broader factory applications as well. That growing popularity led to the company’s eventual name change. “People would call in and say, ‘I want one of those big-ass fans,’” Jim Flickinger, the company’s senior vice president and chief commercial officer, said. The company began to see growth in commercial air-conditioned spaces as well, including schools, restaurants, retail stores and churches–growth that … [Read more...] about How Keeping Cows Cool Led To A Half-Billion Dollar Company
China IPO market trounces the world with record US$58b boom
- A + A (Aug 7): From London to Hong Kong, large initial share sales have all but dried up across the world’s major financial centres this year. But the market in China is bustling with activity. Initial public offerings (IPOs) on mainland exchanges have climbed to US$57.8 billion (RM257.56 billion) so far in 2022, the largest ever for such a period, according to data compiled by Bloomberg. There have been five IPOs of above US$1 billion since January, and one more is on the way. That’s versus just one such sale each in New York and Hong Kong, and none in London. China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill. Offerings in the Asian economy -- whose monetary policy is diverging from the US Federal Reserve -- are largely geared toward local investors. The surge in listings, according to some market watchers, is also driven by concern that … [Read more...] about China IPO market trounces the world with record US$58b boom
Taiwan vows to ‘never bow to pressure’ with China drills due to end
- A + A TAIPEI (Aug 7): Taiwan has reiterated it will not succumb to pressure from China after days of military drills in the air and seas surrounding the island, with hostilities set to continue even as world leaders urge an end to the strife. The People's Liberation Army said it conducted exercises around Taiwan on Sunday, with drills focused on testing the capabilities of joint firepower on long-range air and ground strikes. China did not say if the military manoeuvres — earlier reported to take place till midday Sunday — are over or if they will be extended. Taiwan said the Chinese drills again simulated attacks on its main island as well as Taiwanese ships. China also deployed drones near Taiwan's outlying islands, the defence ministry said, adding it responded by sending airplanes and ships and monitored the situation through surveillance and reconnaissance. China has carried out its most provocative military drills in decades in the wake of House Speaker … [Read more...] about Taiwan vows to ‘never bow to pressure’ with China drills due to end
Govt committed to strengthen Budget 2023 preparation process, says Tengku Zafrul
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (The Edge filepix by Zahid Izzani) - A + A KUALA LUMPUR (Aug 8): The Federal Government is committed to strengthen the Budget 2023 preparation process with the involvement and contribution from members of Keluarga Malaysia, to ensure that the budget presented in Parliament reflects the pulse of the people and for the benefit of the people. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the Finance Ministry has kicked off Budget 2023 state tours, starting with Johor, in an effort to get views and suggestions at the grassroots level, especially from the people, local industrial sector, as well as the state government. “During a meeting with Johor Menteri Besar Datuk Onn Hafiz Ghazi, the Federal Government expressed its commitment to drive the development in the state and to increase efforts to attract investments into the state’s main sectors,” Tengku Zafrul said in a statement on Monday (Aug 8). He … [Read more...] about Govt committed to strengthen Budget 2023 preparation process, says Tengku Zafrul
Korean House Cleaning App Miso Wants To Become The Amazon Of Home Services
Miso head Victor Ching is aiming to replicate his app’s success in home cleaning to sweep up new business at home and overseas. O ver the past seven years, Victor Ching has carved out a niche in the home cleaning space in South Korea with an app called Miso. Though it’s a relatively small market compared to online payments or food delivery, the app, which connects cleaners with clients, is the category leader in the country by users. Miso, which means “smile” in Korean, has handled more than 5 million bookings since its founding in 2015. Of those, almost 90% have come from repeat customers, the Seoul-based company says. Top startup investors including Silicon Valley incubator Y Combinator and Los Angeles-based Strong Ventures have backed Miso, which has raised over $11 million to date. After years of steady growth in South Korea’s home cleaning market, cofounder and CEO Ching is taking Miso to the next stage. He’s aiming to replicate Miso’s success with the 70 other … [Read more...] about Korean House Cleaning App Miso Wants To Become The Amazon Of Home Services