Follow us on Telegram for the latest updates: https://t.me/mothershipsg COMMENTARY: Many people believe that investing in property is a financially-prudent choice for most of us, but is that really the case? Not always, and especially nowadays, explains startup co-founder Shawn Low. He shares how returns on investment in properties have greatly decreased overall in the past couple of decades and why because of that, property may not be as wise an investment as conventional wisdom has said it is. Low is the co-founder of Better.com, a home ownership tech company that aims to make homeownership more accessible for everyone. By Shawn Low I recently went to view a showflat with my wife. It is just the two of us for now, and even factoring in the possibility of kids in future, we didn’t think that we would need much space. However, the property agent still advised us to consider buying a larger unit or even an additional unit because it would be “a good ... » Learn More about Is investing in property in S’pore really as good an idea as everyone says it is? Not necessarily.
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Ghislaine Maxwell spent the first half of her life with her father, a rags-to-riches billionaire who looted his companies' pension funds before dying a mysterious death. She spent the second with another tycoon, Jeffrey Epstein, who died while charged with sexually abusing teenage girls. Now, after a life of both scandal and luxury, Ghislaine's next act will be decided by a United States trial. Starting Monday, prosecutors in New York will argue that even as she was sipping cocktails with the likes of Prince Andrew, Bill Clinton and Donald Trump, Maxwell, 59, was secretly abetting Epstein’s crimes with girls as young as 14. A key question for jurors: Was Ghislaine an unwitting pawn of Epstein’s manipulations or an opportunist who knew all about his sex crimes? Ian Maxwell says his sister is being railroaded by a US criminal justice system intent on holding someone responsible for Epstein’s crimes. "And she is paying a heavy price, a blood price for that,” he told The ... » Learn More about An enabler or a pawn: Who is the real Ghislaine Maxwell?
LONDON (BLOOMBERG) - A group of the world's biggest asset owners are proposing a dramatic escalation of joint public-private financing ventures in a bid to help poor countries weather the climate crisis. "This is a call for action," said Nadia Nikolova, lead portfolio manager for development finance at Allianz Global Investors, one of the founders of the Net Zero Asset Owner Alliance, which put forward the plan. "We need to find ways to transition these economies if we're going to win the climate battle at all." Combining public and private money - so-called blended finance - is a structure designed to entice more private investors to plow funds into the developing world. But the asset owner alliance says the model needs to be scaled up considerably if it's to draw meaningful financial commitments. The International Energy Agency (IEA) estimates the developing world needs more than US$1 trillion (S$1.35 trillion) annually to support the necessary transition to clean energy. The ... » Learn More about Investors want to ratchet up ‘blended finance’ for poorer nations in climate fight
Strong consumer demand for items including apparel is supporting sales at several of the biggest U.S. retailers. (Photo: AFP) The U.S. economy showed broad-based signs of acceleration heading into the end of the year, with consumers ramping up spending, businesses stepping up investment and jobless claims falling to historic lows. Household spending rose 1.3% in October from a month earlier, while personal income increased 0.5% last month, the Commerce Department said Wednesday. Consumers are benefiting from a strong labor market. And they are spending at a faster pace than inflation, which recently hit a three-decade high. Jobless claims, a proxy for layoffs, fell to 199,000 last week, the lowest weekly level in 52 years, the Labor Department separately said. The sharp decline in unemployment claims suggests rising wages and bountiful job openings could continue to buttress consumer spending -- the economy's main engine -- despite fading government stimulus and dwindling ... » Learn More about U.S. Recovery Accelerates on Spending, Labor Market Growth
Thailand, 29 November 2021 – Companies in Thailand are forecasting a median 5% increase in overall salaries for 2022 as the economy starts to reopen after a prolonged and severe COVID-19 outbreak. Excluding companies that have implemented wage freezes, this is a positive uptick from 4.5% in 2021, the lowest mark for Thailand in a decade, and highlights a return for salary increments to pre-pandemic levels of 5% in 2019. This is according to the annual Total Remuneration Survey (TRS) 2021 by Mercer that polled 598 organizations across 15 industries in Thailand between April and June this year. The projected salary increments reflect cautious optimism for hopes of an economic recovery in Thailand with Gross Domestic Product (GDP) estimated to grow by 1.2% 1 this year and 3.5 to 4.5% in 2022. In comparison, Thailand’s median salary increment is slightly below the Asia Pacific average of 5.4%. Across Asia, the median salary increases reflect a divergence in pay progression ... » Learn More about Salaries in Thailand expected to rise in 2022 as employers show cautious optimism in a post-pandemic future, Mercer survey finds
A man walks past the logos of DTAC and True at a department store in Bangkok on Nov 22. REUTERS The planned merger of Total Access Communication Plc (DTAC) and True Corporation has led to criticism of potential market dominance as well as an understanding of the firms' business needs, but the move sends a clear signal that the telecom business may not be as promising as it used to be. Some industry pundits see the deal as Telenor, the Norwegian parent of DTAC, securing a soft exit from the Thai market. The stunning merger plan was announced by Telenor and conglomerate Charoen Pokphand (CP) Group, the parent of True, at a joint press conference on Nov 22. Both indicated True and DTAC will consolidate to form a new company that will move into technological fields in addition to the traditional telecom business. The path towards the merger is expected to be rough, with a long list of regulatory and social challenges, as academics and consumer advocates claim the deal would lead ... » Learn More about Merger of convenience
SINGAPORE - Companies that employ migrant workers here will soon be able to buy primary care plans to cover the workers' healthcare costs. The plans, ranging from $108 to $145 per worker a year, will be offered by four healthcare providers. They have been appointed to run six regional medical centres here as part of a new primary healthcare network that was announced earlier this year. Manpower Minister Tan See Leng said on Monday (Nov 29) that employers can pay for them in monthly instalments. More details on the payment mechanism will be announced at a later date. This money will be used to cover the cost of medical examinations for work pass purposes, medical consultations and treatments, annual health screening and telemedicine, and other services for the more than 250,000 migrant workers here. The prices of the plans will depend on where the workers live, and are based on the competitive bids submitted under a tender that was put out in September. To ... » Learn More about Employers can soon buy primary care plans to cover migrant workers’ medical costs
With the festive season just around the corner, AsiaOne and PLQ are here to help you Get Merry Ready. From fashion tips to shine at any year-end event, to gift ideas for the loves of your life, stay tuned as we bibbidi-bobbidi-boo you into the star of the season! More than just feasting, the year-end holiday season is all about spending quality time with different groups of loved ones in your life. Understandably, many of us probably haven't had the chance to meet up with our closest friends as often as we'd like in recent times. So what better way to show someone they're still appreciated than with a little heartfelt Christmas gift? After all, they may be out of sight but not out of your mind, or heart. Here are some gift ideas for those special BFFs who've accompanied you through the various stages of your lives. And to save you some precious shopping time, they can all be gotten at PLQ Mall at Paya Lebar Quarter, conveniently located right next to the Paya Lebar MRT ... » Learn More about Get Merry Ready: Christmas gifts for your BFFs at different stages of your life
(Reuters) -Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and a successor has been lined up, a person familiar with the matter told Reuters. The company's board has been preparing for Dorsey's departure since last year, the source said. The news comes as Twitter has accelerated the pace of its product innovation over the past year to compete with social media rivals such as Facebook Inc and TikTok, and to reach its goal of doubling annual revenue by 2023. Twitter was not immediately available for comment. Shares of the microblogging platform surged 9% in early trading, while those of digital payments firm Square Inc, of which Dorsey is also chief executive, were up 3%. Trading in the shares was then suspended ahead of an expected announcement. In his latest tweet on Nov. 28, Dorsey said https://twitter.com/jack/status/1464865985471471616: "I love twitter". The "likes" on that tweet surged to more than 54,000 on Monday. CNBC was first to ... » Learn More about Twitter CEO Jack Dorsey to step down – source
Table of Contents (Quick Navigation) The Thai economy has seen exponential growth in the past few years. As such, more investors want to Register A Company In Thailand. Both the locals and foreigners are interested in conducting business. The government supports foreign investors to ensure they achieve their dream and boost economic performance. As a norm, it is vital to register your business to receive full government support and avoid losing your position in the market. Registration of a company also helps you to shift all business liabilities from yourself. This post identifies the steps you must follow when Register A Company In Thailand. They will help you ensure success and the peace of mind you need to grow your business. 1. Find a Business Name Pixabay The first step is to find a unique and easy-to-identify name for your company. Ensure the authorities approve the chosen name before using it. This step helps you avoid losing time ... » Learn More about How To Register A Company In Thailand: A Step By Step Guide