After over a year and a half in lockdown, the food and beverage industry has seen it all – sudden closures, loss of staff, permanently shuttered windows, to re-openings, an increase in deliveries, new products, and even expansions. While some small businesses managed to pull through, some weren't so lucky. Nobody anticipated the lockdown to stretch on this long, and hardly anybody was prepared for added troubles: restrictions that changed rapidly, an uncertain economy , rises in COVID-19 cases, and a lack of government assistance. We're halfway through 2021, and less than a year away from the next presidential elections in June 2022. With the possibility of a new administration approaching, small businesses want to know: What's next? Innovative "pivots" and private sector support aside, another year in lockdown might just be the tipping point for many small businesses. Dishing the hard truths For chef Ed Bugia, it's been over a year of ... » Learn More about ‘Stimulus, not loans’: Restaurants struggle to survive in the pandemic
Believed in the 3 branches of government
A man walks past a wall mural depicting the Taliban flag in Kabul KABUL - Afghanistan's central bank said Wednesday that the Taliban had seized more than $12 million in cash and gold from the homes of former government officials, as a financial crunch threatens the Islamists' rule one month after they took back power. Most government employees have yet to return to work -- and in many cases salaries had already not been paid for months -- leaving millions scrambling to make ends meet. Even those with money in the bank are struggling, as branches limit withdrawals to the equivalent of $200 a week -- with customers having to queue for hours. And while remittances have resumed from abroad, customers awaiting funds at international chains such as Western Union and MoneyGram complained Wednesday that branches they visited had run out of cash. The bank has called on all transactions in the aid-dependent country to be made in local currency. "All Afghans in the government and ... » Learn More about $12m seized from ex-officials as cash crunch hits Afghanistan
Follow us on Telegram for the latest updates: https://t.me/mothershipsg About 100 aggrieved investors, homebuyers, contractors, and employees participated in a rare protest staged at the headquarters of China's property developer, Evergrande Group, located in Shenzhen, on the night of Sep. 12, Caixin reported. Demanded money to be returned Chaos broke out as they demanded repayments of overdue wealth management products (WMPs), with the crowd repeatedly shouting, "Return our money!" Uniformed security personnel blocked the main entrances of the building, as protesters attempted to reach out to company representatives, Reuters reported. NEW - Chinese property giant #Evergrande warns in a statement today that there has been "no material progress" so far in selling part of its stakes and that it could default on its enormous debts. pic.twitter.com/zq81Wukz1H — RealEyes1776 (@RE_1776) September 14, 2021 Reuters added that one protester was ... » Learn More about Rare protest in China as investors demand repayment by property developer Evergrande
Follow us on Telegram for the latest updates: https://t.me/mothershipsg National Trades Union Congress (NTUC) Secretary-General Ng Chee Meng is worried about a certain kind of Singaporean. He's not overly worried at all about someone like me, an ageing millennial who can remember a time before the Internet, but must appear as a mayfly to the 53-year-old. The world is in my hands, he tells me. I hope someone remembers to tell the world. No, as Ng elaborates, he is laser-focused on the older worker who can be included in the professionals, managers and executives (PMEs) category, someone who may be facing issues like discrimination at work, or unfair treatment. But if they're not in a union, they have no one to turn to. "Unfortunately, for those PMEs, when they reach that age, they do not have a relationship with the unions, nor with NTUC. So they would miss out (on) somebody alongside to deal with real or perceived unfairness in the workplace, or discrimination in the ... » Learn More about Ng Chee Meng wants you to join the union. In a turbulent job market, the labour movement can lend a hand.