Pink Promise To Be Auctioned At Christie’s HK For US$42 Million

Nothing best expresses love and commitment than diamond engagement rings in Melbourne that embody uniqueness in every aspect. Any women will be immensely pleased to receive a diamond ring of supreme quality. For the male out there, make sure though to take into account the type, cut and quality of the diamond ring you are going to use to make the marriage proposal.

However, there are diamonds that are beyond the powers of an ordinary human to own. For example, the “Pink Promise” which is scheduled for auction at Christie’s in Hong Kong is worth a staggering US$42 million price tag. The Pink Promise is an enormous oval-shaped 14.93 carat pink diamond that forms the centrepiece of a diamond-studded ring.

According to a spokesman from Christie’s the Pink Promise is one of the most important diamonds to be sold because of its colour and clarity. Fung Chiang of Christie’s jewellery department told AFP that a pink diamond is very rare making it extremely valuable. No other piece in their diamond production shares the same unique beauty as the Pink Promise.

Researchers do not understand “exact structural defect” which causes the appealing pink colour. Less than 2% of the diamond production every year produces coloured diamonds. According to Christie’s auction house in Hong Kong, the Pink Promise will go under the hammer on November 8 this year.

Feverish bidding in Hong Kong auction houses was not dented by the ongoing anti-corruption drive in Mainland China. Auction house Sotheby was able to sell an antique 1,000-year old bowl from China’s Song Dynasty for US$7.7 million to an anonymous bidder. It broke the record for Chinese ceramics.

Early this year, “Pink Star” a giant diamond broke the record for gemstones that are sold at auction when it fetched US$71.2 million at Sotheby’s auction house. Chow Tai Fookjewellery chain won the bid for the 59.60 carat diamond.

Love can be expressed through diamond engagement rings in Melbourne that do not cost millions of dollars. An impressive selection of high quality diamond rings is available for affordable price tags. The engagement rings are created from exceptional craftsmanship to make it different from the rings available in the jewellery market.

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Is Captive Insurance Worth It?

For an accountant, you may be hired by a person or a company to handle their accounting and taxes while others will be hiring you because of the things you can do for them. If it is the second one, then they will most likely be curious about what you can suggest they do in order for them to grow their finances. These businesses are mostly trying to find ways in order to get through the yearly audit without hassle through a skilled accountant that is covered with CRA audit protection.

As an accountant, you may have a client that is covered by a large insurance policy. Good examples are malpractice insurance for doctors and medical personnel or construction contractors that has liability concerns. They may inquire about the possibility of creating a captive insurance company.

For an expert, it is known that captives are considered as something that can either get you risks or reap you rewards. The reward one will be getting ones the taxpayers practice have ended will be through premium payments in the captive insurance. This is in comparison to the usual premium payments that are easily lost. These are legit and can be deducted as an expense by the business but are not as good as an investment vehicle. All the money that is paid into the captive insurance will only be claimed ones the company is dissolved.

The risk that comes with captive insurance companies is that the IRS is quite skeptical with these types of companies because individuals and companies are able to abuse the usage of such company. It has been listed by the IRS, for three consecutive years, as Dirty Dozen that can be abused when it comes to taxes. Taking this route is risky for you and your client.

When you create a captive insurance company, you might be facing risk since the IRS recently announced the list of strategies that are commonly used for tax avoidance. If you choose to do captive and process it correctly then you might be able to save yourself from the audit and earn your rewards in the end if the client is true to their words.Nevertheless, for an accountant, it is important to have CRA audit protection to protect their profession and clients at the same time.

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MPG Building A Strong Position In The Tasman

Metro Performance Glass (MPG) is the biggest glass manufacturer in New Zealand. After one-off costs and tax adjustments to offset higher revenue, the glass manufacturer declared a slightly lower profit. Profits dropped by 6% to $19.4 million in the year to March from the $20.5 million profits that it earned last year.

On the other hand, group revenue increased by 30% to $244.3 million. This includes the contribution from Australian Glass Group, a newly acquired company. MPG bought Australian Glass Group for more than $43 million is order to pursue its plans for expansion of the processing business across the Tasman.

If you will set aside the one-off costs, operating earnings were up by nearly 20% because of the construction boom in New Zealand. Sales of glass products increased because of the construction of new houses and renovations in Australia.

According to Nigel Rigby, a chief executive of Metro Performance Glass, the company is building a strong position on both sides of the Tasman. Their competitive advantage remains because of the company’s ability to deliver a wide range of high specification products for short lead times. They also provide a strategic defence throughout the building cycle.

MPG said that while New Zealand is their primary focus, there is long term growth opportunity and growth in Australia. Low interest rates, strong immigration and an improving economy are sustaining the momentum in residential and commercial constructions.  A strong position is being built by MPG in Australia’s glass markets after it has processed a record volume of glass products.

The company has also diversified its operations on the South Island and is focusing on automation, processes and costs. Since the building boom is now shifting to the Upper North Island, MPG is now shifting its focus in meeting demands and expansion into the commercial and retrofit markets.

Meanwhile, the focus of economy Glass is to exceed its customer’s expectations and to provide the highest quality products that will match with customer budget and requirements. Some of the glass products offered to consumers include balustrades, showers and pool fencing that is made with the expert workmanship.

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Thailand Hotels At Its Best

It has been said that Thailand’s offerings of hotels and accommodations are one of the best in the world. Some travel and booking websites have conducted surveys to determine the opinions and recommendations of people who are fond of travelling and going on adventures all over the world. Hotel.com is one of these websites that has conducted this survey and has provided awards to the places that are worth recognising.

This year, Thailand has ranked 10th globally in the Gold Award-winning properties Hotels.com survey that has been conducted. This is for the “Loved by Guests Awards 2017” which are based on real guest reviews. This year, with the rise of a number of hotels around like some modern hotel in Sukhumvit, Bangkok, Phuket, and Chiang Mai are on the top of the list of having the most Gold hotels in Thailand. Hanoi, Siem Reap, and Tokyo are also the top three regional destinations for prize-winning properties.

These hotels are being judged according to these categories and the guests themselves do these:

  • Luxury
  • Business
  • Boutique
  • Beach
  • Family
  • Spa, and
  • New

It was not easy in choosing the different winners for the awards as this is based on an analysis of more than 25 million reviews from guests for around 2500 hotels all over the world across around 87countries. All of which are recognised as outstanding hotels.

The recipients of the gold award in Thailand are the big hotels like the Mandarin Oriental, Siam Kempinski, and The Peninsula. However, Pimalai Resort and Spa on KohLantra earned the highest score of 4.9 nationwide. There are also other hotels that brought home gold awards including the following Ariyasom Villa, Sala Ayutthaya and Rachamankha.

Given the popularity of Thailand and its great accommodations and hotels, there are a number of hotels rising around the area and in the country. There are a lot of luxury hotels rising around Bangkok, modern hotel in Sukhumvit are rising in numbers and quality, and there are more options to choose from when visiting Thailand.

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Consumers Emotional Attachment To Wristwatches

Jean-Claude Biver, the president of Tag Heuer and LVMH wider luxury watch division, was quite passionate with his defense of traditional watch-making at Baselworld, a 100-year old exhibition for Swiss timepieces. Biver was not critical of his consumer electronic rivals because according to him, what they sell is technology.

The Swiss watch industry is on a downturn with exports falling by 10% last year. The reason is not the shift towards smartwatches but the faltering global economy, overstocking of watches in Hong Kong and the crackdown on luxury gifts that include watches in China.

Analysts have predicted that smartwatches will impact on the Swiss watch-making industry but the sales of wearables have not taken off as quickly as expected and they are also nervously looking at their sales. This proves that consumer electronics are not a threat; in fact, they can even turnaround demand for the finely crafted timepieces.

When the first Apple watch was launched, it became the talk of the town. However, the expected sales did not push through; instead units shipped fell by 51.6% during the 3rd quarter of 2016. Even the wearable pioneers like Fitbit and Jawbone struggled with sales. It seemed that only people who were interested in sports considered the smartwatches.

People tend to be emotional with wristwatches. It is difficult to part away with the first watch received. You will not feel the same emotional attachment with a smartwatch because it is technology. Today’s generation of wristwatches have life cycles of 6 months to a year compared to the Swiss watch that can last for generations.

However, many young people do not wear wristwatches because they use their mobile phones to tell time. Smartwatches have taught the young that it is okay to wear a watch. Instead of being a threat, smartwatches are driving demand towards expensive mechanical wristwatches.

If you are quality-conscious consumers, one of your best options is the Danish design watches that were produced with love and expert craftsmanship with a modern twist. The Danish design is characteristically simple and minimalistic with classic and elegant lines. The innovative designs can perfectly match your lifestyle.

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HP’s New Technology to change how Identification Cards are printed

Aside from employee identification cards, companies face the challenge of printing hundreds of thousands of visitor badges or guest cards. In many instances, large amounts of paper, plastics and ink are wasted on the plastic card printer. HP Labs has recognized the challenge by introducing a new hybrid printing technology that will change the distribution of employee ID’s, visitors passes, gate passes and temporary passes.

In order to enhance of efficiency of plastic card printing, HP developed a technology called IonTouch which is a cross between the traditional plastic card printer and e-ink technology. Information on the plastic identification cards can be rewritten so that they can be reused by other individuals after card expiration instead of being thrown away to the landfills.

HP’s proprietary technology replaces the traditional ID card printer with the IonTouch Imager that has the capability to write and re-write on a 2.5 inch 300 x 300 pixel display for up to 10,000 times. The surface of the display has the capability for either black or white content or 16 levels of grayscale. The technology is not yet that advanced for color but sufficient enough since most of the HP printer’s use involves employee badges, visitor passes and hotel guest cards.

When the IonTouch system is used, the visitor’s pass can be printed on the spot with his name and contact information including a photo and other additional details like the time of appointment and the name of the person that will be visited. Compared to e-ink and digital displays that costs about $50 per card, HP rewritable display will cost the company a few cents.

Another benefit gained from the HP rewritable display is the lack of power draw to hold rewritable content. When special marks and codes are required on the plastic cards for security reasons and to avoid duplication, you only need to switch to non-permanent ink. Since the plastic identification cards are reusable, it reduces plastic waste disposed on the landfills.

Since the only way with which information can be changed is through the IonTouch Imager, another layer of protection is added to the cards making them very secure. HP technology is very important for businesses that make use of plastic identification cards.

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Using Mindfulness To Ensure Worker Safety

Safety first‘ is an oft-stated phrase throughout business all over the world, and its use becomes more ubiquitous in any industry where danger is less a chance encounter and more a looming shadow, like in fields that frequently deal with high-risk operations, such as chemical manufacturing. Regardless, in any field, companies spend tens of thousands ensuring the safety of their workers through training, equipment and the like.

But Joe Burton, CEO and founder of While, a digital wellbeing company, many companies are forgetting the simple fact that most accidents tend to be the result of one thing being off: the human element. He believes that making sure employees know how to learn mindfulness is a very good way to stave off accidents from the workplace.

To prove his point, Mr. Burton did a quick poll with his audience when he spoke at the Best Practices (BP) for Chemicals event, which was held in Houston this month thanks to being hosted by SAP. During his keynote address, he asked his audience who was suffering from back pains. Then he asked who suffered from insomnia. And then, to cap it off, he asked who was suffering from stress. The audience who raised their hands to show they suffered from the three were notable; close to one-third for the first two, and then practically every member of the audience for the last one.

There are many things that can lead to workplace stress, but, regardless, the problem of stress is one that leads to distraction and exhaustion, which presents a very real, and very dangerous issue. According to Burton, studies point out that a bad night of sleep can slow down a person’s motor skills by a whole 3 seconds, which can lead to a myriad of costly injuries out in the workplace.

With more people trying to figure out how to learn mindfulness as a countermeasure to stress, mindfulness is becoming a big thing in the workplace. Whil’s smartphone app allows workers to work on their mindfulness, with over 200 programs designed to quiet the mind, in order for workers to focus on their tasks and reduce the chance of accidents in the workplace occurring.

He states that utility companies have discovered that most of the workplace accidents that happen in their field happen in calmer situations and good conditions, since workers aren’t as alert and as focused as, say, during a storm.

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