No more business as usual? Now that almost all classes are open and the monsoon season is on, the traffic jams are back to their worst. For sure I’m not the only one who, while my car is crawling along the traffic-choked streets, muses about things that are just the stuff of our dreams: • Mass transport vehicles that unload and pick up passengers only at designated stops. At each stop there are printed signs or electronic crawlers that show the arrival times of the mass transport vehicle for each specific destination – and the schedules are followed strictly. • Intermodal transport hubs, with escalators and elevators, where commuters can transfer from high-speed express trains to slower inner city light trains, buses, taxis and other modes of public conveyance. The hubs allow commuters to travel efficiently from residential areas to schools and the central business district all the way to university towns, airports and seaports. Such … [Read more...] about No more business as usual?
Big business owner salary
source Andy Lyons/Getty According to one estimate, LeBron James took home about half of his $33 million contract after taxes and other costs, giving a sense of how athletes are taxed compared with most people. James was docked almost $13 million in taxes, plus another $4 million in other costs, according to the estimate. James is estimated to make about $55 million off the court in endorsements and has the chance to become the highest-paid player in NBA history this offseason. By now we know that most athletes’ contracts aren’t what they seem. Though the numbers in the contracts are enormous, after federal, state, and local taxes, plus fees for agents and other costs, athletes usually ending up taking home close to half of their base salary. ESPN’s Darren Rovell broke down what LeBron James, the second-highest-paid player in the NBA this season, made from his $33 million … [Read more...] about LeBron James got less than half of his $33 million salary this season — here’s what happened to the rest
JOHOR: As voters were walking up to the ballot boxes on May 9, the winds of change could be heard in this United Malays National Organisation stronghold. In low voices, they were saying: “Just this time, go the other way. Change.”Leading up to Polling Day, there were already whispers that “I think that person has gone to the other side”.These are some of the stories Iseas-Yusof Ishak Institute visiting fellow Serina Abdul Rahman has been hearing from her fellow Johoreans.“They were basically saying, ‘We did what we had to do. We gave out the Barisan Nasional T-shirts, we put up the flags, but when it came to the ballot box, we ticked the other (party),’” she said.She may have got it wrong in thinking that the birthplace of the UMNO would not fall to Pakatan Harapan, but as people also told her, they can bring the fallen giant back if things do not improve.That puts into context the new government’s challenges going forward in … [Read more...] about Pakatan Harapan’s challenging job ahead in Johor, after its surprise win
caption Ex-Google executive and Poplar founder David Ripert. source David Ripert David Ripert has left a comfortable job heading up YouTube Spaces at Google to launch his own augmented-reality marketplace startup, Poplar. It was a big decision to leave a corporate job to run a startup, and Ripert has bucked the clichéd image of the super-young founder by launching Poplar just before turning 40. Poplar will help brands launch augmented-reality campaigns by matching them up with creators. It’s being launched from Founders Factory, the startup incubator launched by Made.com cofounder Brent Hoberman. David Ripert was perfectly happy at Google. He saw himself as an “intrepreneur” there, a word used to describe people who lead startup-like innovations inside big companies. But after six years leading what might be one of the company’s most fun divisions, … [Read more...] about Why a 39-year-old quit his job running one of Google’s most fun divisions and took a huge pay cut to launch a startup
7-Eleven will be a banking agent for commercial banks starting in March. SEKSAN ROJJANAMETAKUN With the amended banking agent regulations taking effect next month, consumers in remote areas are likely to be able to conduct banking transactions around the clock at convenience stores. The banking agent rules allow financial institutions to appoint agents to offer financial transaction services such as money deposits, transfers, withdrawals and payment. Loan distribution, however, is not permitted through banking agents. Banking agents, under the amended regulations by the Bank of Thailand, will be permitted to provide cash withdrawals of up to 5,000 baht per transaction and 20,000 baht per day per customer. The expanded scope of banking agents comes as the closure of banks' physical branches becomes more pervasive amid the rising usage of digital channels. Commercial banks, specialised financial institutions and Thailand Post have begun offering the full range of banking agent … [Read more...] about Bank agents in the backcountry