GENEVA: Companies that improve gender diversity - especially at the top - perform better and rake in higher profits, while countries that increase women employment see better economic growth, the UN said Wednesday (May 22).The UN's International Labour Organization found in a fresh study that companies that improve gender diversity in their management report significant profit increases."Gender diversity is a smart business strategy," according to the report, which based its findings on a survey of nearly 13,000 companies across 70 countries.According to the survey, nearly three-quarters of companies that tracked gender diversity in their management reported profit hikes of between five and 20 per cent.And some 57 per cent said growing the number of women at the top made it easier to attract and retain talent, while nearly as many said they saw improvements in creativity, innovation and openness, and an enhancement of the company's reputation.The report also analysed … [Read more...] about Gender diversity good for businesses and economies: UN
Study job line results
Epic Games CEO Tim Sweeney believes the next thing users need is a 3D virtual reality social media service. "There is something missing in conventional social media right now. We have social networks like Facebook, KakaoTalk, Twitter and Naver for communication. But they're all based on text, pictures and movies," Sweeney said in an exclusive interview with The Korea Herald. He was in Seoul to attend the company's "Unreal Summit 2019" held Tuesday-Wednesday at Grand Intercontinental Parnas. Unreal is the name of the game developing engine that is the most touted brainchild of Epic Games' with more than 7.5 million users globally as of 2018. "I think the next step is going to be having social experiences where you can get together with your friends in a virtual world, wherever you are," Sweeney said. This would give people greater ability to display emotions and interact more personally, erasing the negativity that is often sparked online. Sweeney said there are "many exciting projects … [Read more...] about Epic Games chief Tim Sweeney envisions VR social media
MUMBAI: A government agency report has cast fresh doubts on India’s economic growth figures, in a blow to Prime Minister Narendra Modi as he seeks re-election in ongoing polls. Data compiled by India’s National Sample Survey Office (NSSO) found that there were significant gaps in how the growth figures of Asia’s third-largest economy are calculated. Modi regularly trumpets his economic credentials but the opposition Congress party says his government spins statistics to make their record on the economy look better than previous administrations. The NSSO study found that more than one-third of companies included in a database used to calculate India’s economic growth were “closed, out of coverage, or non-traceable”. “India’s GDP figures and data have been under scrutiny for sometime now internationally,“ Ashutosh Datar, a Mumbai-based economist, told AFP. “These new reports raise more questions about their credibility and … [Read more...] about Report casts fresh doubt on India’s growth figures
SINGAPORE: Every time freelance writer Clare Lee, 27, uses a changing room when trying on clothes in fashion outlets big and small, she will take a few minutes to inspect every nook and cranny in her cubicle for hidden cameras before feeling safe enough to undress herself.For 27-year-old Fiona, who did not want to give her full name, she will always double-check that the curtains in her bedroom or hotel are fully drawn such that there is not even a teeny-weeny gap for anyone to peek through, and steer clear of unattended baskets in supermarkets.Freelance content creator Hilary See, 27, would refrain from standing near the edge of the escalator where people can look up her skirt, and try to use either a bag or a file to cover the back of her skirt while climbing the stairs.With spycams and phone cameras taking voyeurism to unsavoury new heights, these women are among a growing number of people who have taken extra precautions to protect themselves and their private spaces.As Fiona, … [Read more...] about The Big Read: Singapore’s voyeurism problem – what’s wrong with men, or the world?
MUMBAI/NEW DELHI: Some of India's richest families, Bollywood stars and others voted early on Monday (Apr 29) in Mumbai and elsewhere in the country as the fourth phase of a massive, staggered general election got underway.More than 127 million people are eligible to vote in this round of the seven-phase election held across 71 seats in nine states. Prime Minister Narendra Modi's coalition won more than 75 per cent of the seats in the previous election in 2014.Many of the constituencies are in Uttar Pradesh state in the north and western India's Maharashtra, where the financial capital Mumbai is located. Uttar Pradesh elects the most MPs, with Maharashtra next, and both states are ruled by Modi's Hindu nationalist Bharatiya Janata Party (BJP).However, political analysts say the BJP may struggle to repeat its strong showing this time due mainly to a jobs shortage and weak farm prices, issues upon which the main opposition Congress party has seized."Jobs should be the priority for … [Read more...] about Bollywood stars, rich Indians vote in fourth phase of giant election