Digitizing The Workforce Of Thailand

It is the goal of International School in Bangkok is to produce outstanding individuals among its students. In order to pursue this goal the international school offers state-of-the-art facilities, well-experienced teachers and an extensive campus where students can develop their unique personalities. Once the students leave school, society can expect them to be responsible individuals prepared to pursue higher education.

If Thailand wants to take full advantage of Alibaba’s planned investment, it must narrow down education gap and digitize the workforce. Jack Ma, executive chairman of China’s ecommerce giant Alibaba presented its plan to turn Thailand as a digital and ecommerce hub. Alibaba’s Eastern Economic Development plan and digital development cooperation program served as challenge to Thailand to digitize its workforce if its wants to perform the role effectively.

Thailand has at least 427 undergraduate STEM courses available in 170 schools nationwide. Collectively, the schools were able to produce more than 26,000 graduates in science, technology, engineering and mathematics last year. However, a particular problem is the quality of instructions and the outdated courses that have not been adapted to rapidly changing technology.

Educational gap is the reason why investors like Alibaba are quite reluctant to make investments in high-value activities in Thailand. According to SaovarajRattanakumfu, senior researcher at Thailand Development Research Institute, the solution is to develop high quality digital manpower that can develop and use disruptive technologies like artificial intelligence, Internet of Things and massive data.

In many countries like Japan, Singapore, South Korea and Taiwan, digital workers are developed through intensive training programs for approximately 6 months. Training focuses on the development of skills to solve real problems.

Thailand must also develop a workforce of software developers and programmers by building partnerships between schools and the private sector. In South Korea, institutions can apply to become ICT Model Schools once they fulfil curriculum requirements and availability of research facilities.

The well-rounded education that International School in Bangkok provides to students between 2 and 18 effectively prepares them for higher education. The students are taught that there is a world outside the classroom where they can pursue their passions, ambitions and interests.


Businesses In Seattle Oppose Head Tax

Over 100 companies with EIN Number in Seattle have bonded together to oppose a proposed tax bill aimed at help homeless people in the city by funding homelessness programs.

Dozens upon dozens Seattle businesses signed a letter aimed, joining together in a single collective formed for opposing a proposed “head tax” on large businesses in the city in order to fund programs for the homeless Seattle people.

The open letter was sent to the Seattle City Council, signed by a total of 131 top company executives, with the letter saying that the tax wouldn’t address the issues of rising housing prices and the homelessness that have been plaguing the city. According to the letter, the proposed tax would only burden and hamper job creating companies in the city with their EIN Number instead of deal with the issue it is supposedly aimed to deal with.

The proposed head tax would only impact Seattle companies with an annual revenue of at least $20 million. If the tax goes through, these companies would be legally required  to pay a 26 cent levy to every Seattle employee for every hour of work, which amounts to an annual additional cost of $540 for every full-time staffer annually.

The letter says that, instead of a clear, strategic plan to address growth, the council’s proposed to tax the top 3% of the city’s businesses. Additionally, the letter claims that this is akin to telling a class of students that the ones who submit the most homework will be sent to detention. The companies said, via the letter, that they are against the City Council’s approach, because it’s effectively saying to the city’s businesses that if they create a lot of jobs, and invest in growth, the city will punish you.

Notably, however, Seattle’s largest private employer, the tech giant Amazon, didn’t throw their backing to the letter, with the company’s Web Services CEO Andy Jassy saying that the city council would find better results by working with the city’s community.

Supports of the head tax, like organized labor groups in the city, say that the proposed tax will address the homelessness plaguing the city by creating affordable housing, with an approximate of 75% of the revenue from the tax going to the construction of about 1,780 housing units over five years.

By Nikki Sanderson Posted in Business

GE Under Pressure To Get Rid Of Auditor

Industrial titan GE has been having a bad year, as, among other things, their investigation insurance wasn’t enough to hold off an SEC inquiry. Now, the company is under pressure to get rid of its long time auditor, KPMG, the firm that’s been responsible for auditing their numbers since the President of the US was William Howard Taft in the early 1900’s.

A few shareholder watchdog group have brought up concerns that GE and KPMG have become lax with things like investigation insurance and auditing during their 109 years working together. Both the Institutional Shareholder Services and Glass-Lewis are asking that GE’s shareholders not ratify KPMG’s position as company auditor at the annual shareholder meeting.

They say that the long standing arrangement has thrown KPMG’s effectiveness as an auditing firm and relation with GE in doubt, and adding that a long-standing relationship with an auditor can lead to them being too close to each other, while bringing in a new auditor can uncover issues that would’ve otherwise needed investigation insurance thanks to being overlooked by the long-time auditor.

The question of whether or not to stick with KPMG is one of many issues GE and its shareholders are dealing with following a bad 2018. Thanks to several bad deal, the company is set to hit a cash crisis, which has resulted in its stock price and coveted dividend dropping by half. There’s also talks that the company is likely to be removed from the Dow Jones Industrial Average.

The company’s earnings report in late April, however, offered some hope to the company, as the numbers suggested that the turnaround plan set by company CEO John Flannery is starting to work. However, the industry giant, is still having its accounting procedures under question.

The SEC investigation isn’t the first time GE has been under scrutiny; back in 2009, the SEC charged GE with accounting fraud, saying that GE used extremely aggressive accounting to provide misleading information to investors. The company forked over $50 million to settle the case, but did not deny or admit the veracity of the claims.

GE is currently getting suggestions, with groups like the ISS saying that the company’s under performance and issues with its business model and corporate culture, made abundantly clear with the issues of 2018, showed that the company could use more oversight.


Why Financial Advisers Must Discuss Reverse Mortgage With Their Clients

When people require reverse mortgage information, their best option is company websites. Most of the websites of lenders aim to answer all the questions about reverse mortgage so that senior homeowners can make an informed decision. There are also blogs with the objective of dispelling all the negative impressions among uniformed individuals.

Many professionals in the financial planning industry overlook the importance of home equity loans and reverse mortgage. If they want to serve according to the best interests of their clients, they have to explain the benefits that can be gained from reverse mortgage during discussions on retirement income planning.

For many individuals, the home is their biggest asset. It could also be the largest cash flow item for a retiree through the reverse mortgage. It is not reasonable for financial advisers to ignore reverse mortgage when establishing a financial plan. The error of omission can put the client in a worse financial situation.

Financial planners can be well informed about reverse mortgage if they will make the effort to read the research findings of Dr. Wade Pfau of the American College of Financial Services and Dr. Barry Sacks of HECM Advisory Group that explain the advantages of including reverse mortgage in retirement planning. Financial Industry Regulatory Authority Inc (FINRA) has also stated that reverse mortgage is an important planning tool that must be discussed by financial advisers with their clients.

Not long ago, financial advisers vowed that they will not sell long-term care insurance to their clients because many of the policies offer weak protection against inflation and high premiums. Lawyers questioned the financial advisers why they are ignoring the big risks of not having enough funds for long term care. A financial adviser who is committed to the best interests of the client must explore the potential benefits of reverse mortgage.

It is important for financial advisers to educate themselves with reverse mortgage information so that they will be better equipped to discuss the financial tool with their clients. They have to answer all the questions the client may ask about reverse mortgage and home equity loans and whether these financial planning tools can meet their retirement goals.

By Nikki Sanderson Posted in Business

Create A Wonderful Ambience For Your Party Marquee With The Right Table Linen

The overall ambience of a party marquee depends on selecting the right type of furniture like tables and chairs. The nature of the event or party, the size of the marquee and the theme of the occasion play a major role in selecting the suitable furniture for the marquee. Once you have chosen the tables and chairs, the next important task is to dress them up. The major task in dressing up the tables and chairs is choosing the right table linen that matches with the overall decoration scheme.

There are different components of table linen such as tablecloths, placemats, napkins and runners. There are many varieties of table linen available with the marquee hire in Sydney providers to match with different themes. They can help you choose correct combination of table linen to enhance the overall decor of the marquee.

Table linen is available in a wide range of fabrics, designs, patterns and colours to choose from.  Selecting the right fabric and design will help you to design a right setting for the party and also showcase your unique style. Consult your event planner or the specialist at marquee hire in Sydney Company to help you with the selection of table linen. Some important points to keep in mind while selecting the table linen.

  • Select the linen according to the shape and size of the tables. A marquee may have different tables for decoration, dining and utility. Keep the sizes and shapes of all these tables in mind before selecting the suitable linen. Also determine the number of tables depending on the guest list. The size of the tables may vary, if you have a combination of adults and kids in the guest list. Keep all these points in mind before selecting table linen.
  • Choose proper colours for table linen. Table linen is available in all imaginable colours and patterns. Select the right colour to match with the overall colour scheme of the event. The colour of the linen should complement the decor and not distract from it.
  • Determine the overall decoration scheme of the marquee. Work with your event planner, decorator and marquee hire in Sydney to determine the perfect decor for the event. Choose all the elements of the decoration to complement each other and enhance the overall visual appeal to create a smart ambience.

By Nikki Sanderson Posted in Business

Australian-First Automall To Be Built Near Brisbane Airport

A new Australian-first car mall is being built near Brisbane Airport, with the facility expected to be the size of around 70 rugby league fields. This large, bold development is expected to revolutionise the automotive market, from car parts to vehicle wraps in Brisbane, upon completion, which, if the schedule holds, will be sometime in 2020.

Part of the new automall will be a 2.5-kilometre test track for car dealerships, designed by five-time V8 Supercar Championship Series champion. This track is comprehensive in its design, complete with skid pad and an off-road 4WD area.

The mall is currently under development on real estate owned by Brisbane Airport, a kilometre away from the airport’s international terminal, and has funding and support from two of Queensland’s biggest car dealership companies.

This new automall is part of Brisbane Airport’s AU$2.2 billion five-year development programme, which include a new runway and two new hotels in the surrounding real estate. First stage of this programme was the redevelopment of the Domestic Terminal, which amounted to about £15 million in cost.

Brisbane Airport’s John Tormey says that this new facility, when operational, will be a centre for automotive sales, from car dealerships to vehicle wraps in Brisbane, adding that nothing like its kind has ever been done in either the state or Australia before.

AP Eagers, a national vehicle retailing company, who signed in to the automall, taking multiple leases early in September 2017, says that the new automall will be one large place to choose vehicles and related stuff to buy. The company says that about 80% of all vehicles on sale from the automall will be acquirable on the spot, allowing buyers to choose what they want and choose in one location.

The company’s spokesperson, Martin Ward, says that car dealerships are usually spread out, and the places where they congregate, like Fortitude Valley, aren’t really accessible for buyers, either due to location or parking space.

He adds that the location, near the Brisbane Airport, is a big draw for vehicle retailers, as the automall is not far from a motorway or a tunnel.

Currently, the owners of the new automall is considering opening the facility’s test track for weekend warriors, with additional programmes during that time, such as car shows and driver training safety courses, though there has not been confirmation on the matter.

By Nikki Sanderson Posted in News

Business Tools For Hispanic Women

Gone are the days when Latin wives are only staying inside the home to serve their husband and kids. Many of them are venturing out by getting a career while others start out their own business. For the past decade, there is a huge increase in the number of Hispanic businesswomen and the figure has already reached 82 per cent. Within the United States, there are 1.4 million businesses established by women of color and 39 of these are owned by Latina women. For startups, tools are important to help them succeed in their chosen business.

One of the most useful resources is the Hispanic Business News because the site is a gem for business owners. They are look for a job on the site, upload their resume to be matched with jobs or they can stay updated with the most recent news in the business sector which concerns Hispanic business owners.

Another important resource is the Hispanic Business Women’s Alliance which aims to aid entrepreneurs, investors, professionals, inventors, consultants and executives. Through their site, these people will be able to network with one another thereby expanding their business territories. They can communicate with one another and partner to help each other’s businesses.

For online marketers, the best tool to use is the blog managed by Captura Group called Hispanic Online Marketing. From there, one will be able to learn about the best practices, research as well as case studies.

Latin Business Association, on the other hand, aims to help business entrepreneurs both Latinos and Latinas by creating opportunities and strengthening the economic wealth. LBA was founded in 1976 and it is currently the leading organization within the United States that best represent the interests of all Hispanic business owners. To be a part of the organization, one must register as a member. After which, one will have access to a business directory composed of members coming from various business industry such as manufacturing, technical industries, financial and professional.

Lastly, one thing every businesswomen and Latin wives should have is the business series of the Latina Style Magazine. It will help them determine the things required from a business owner and a professional as a whole.

By Nikki Sanderson Posted in Business