5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC
5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC - Economic is decreased everywhere during this unprecedented time in our generation, unemployment also make the condition worst, and honestly I am one of them, who lost the job since a year ago, or if you are still holding onto your old job, especially in hospitality industry (or many other industries) pay cuts are unavoidable. The only way to survive is to keep going, and do anything to making money. People's purchasing power may decrease, but to starting a small business won&#…
INDONESIA’S MULTIFINANCE INDUSTRY EXPECTED TO HELP FILL FINANCING GAP
Metropolitan Jakarta - Capital City of Indonesia INDONESIA’S MULTIFINANCE INDUSTRY EXPECTED TO HELP FILL FINANCING GAP - A new Covid-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with FIFGroup, explores the opportunities for growth in Indonesia’s multifinance industry in the post pandemic era. The analysis focuses on the potential for accelerated digitalisation to reshape the segment, with the development of financial technology, wider digital lending and increased e commerce activity as emerging trends. T…
AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE
AIRBNB STOCK UP BY 23% IN 2021, TRADING AT MORE THAN TWO TIMES ITS IPO PRICE - Since the company’s IPO in December 2020, Airbnb’s share price has rallied remarkably. It is trading at $177.90 per share as of March 4, 2021, marking a 22.77% increase year-to-date (YTD). The figure was more than 2.5 times its IPO price of $68 per share. Based on data from Tourism Economics, travel spending in the US declined by 42% in 2020 to $679 billion. Though it has bounced back to some extent, it remains below pre-pandemic levels. Airbnb Bookings Recovered …
LVMH MARKET CAP SOARS SOARS TO €265 BILLION, HIGHEST VALUED COMPANY ON EUROPE STOCK MARKET
Photo by Anne R from Pexels LVMH MARKET CAP SOARS SOARS TO €265 BILLION, HIGHEST VALUED COMPANY ON EUROPE STOCK MARKET - Luxury conglomerate LVMH is among the key beneficiaries of investor optimism. According to the research data analyzed and published by Finaria , luxury conglomerate LVMH’s market capitalization stood at €264.55 billion as of February 26, 2021. That made it the highest valued company on the European stock market, overtaking Nestle which had CHF 267.57 billion (€242 billion). Based on a HH Journal report, LVHM’s sha…
U.S. LEISURE & HOSPITALITY ACCOUNTS FOR WHOOPPING 39% OF JOB LOST TO PANDEMIC
Photo by William Fortunato from Pexels U.S. LEISURE & HOSPITALITY ACCOUNTS FOR WHOOPPING 39% OF JOB LOST TO PANDEMIC - Almost four in 10 of all the U.S. jobs lost since February of last year are in the Leisure & Hospitality industry, according to analysis of the latest Department of Labor national jobs report —triple the number of the next-hardest-hit industry. The meager 49,000 jobs created by the U.S. economy in January were viewed by economists as a disappointment and a major sign of lingering pandemic-related stress in lab…
HOW MUCH NIKE BRAND WORTH VALUE IN 2020?
Photo by Huy Phan from Pexels Nike Brand Value Increased by 151% in 10 Years -$34.4B in 2020 HOW MUCH NIKE BRAND WORTH VALUE IN 2020? - Sporting behemoth Nike continues to grow its influence as its brand value continues to increase by the billions. It’s dominance over its main competitor Adidas, is clear especially in the North American region where Nike generates 43% of its total revenue. According to data presented by Safe Betting Sites , Nike’s brand value increased by 151% in 10 years, increasing for the fifth year in a row to $34.4B.…
TRAVEL AND TOURISM REVENUES TO REACH $540B IN 2021, ALMOST $200B LESS THAN IN 2019
Photo by Aleksandar Pasaric from Pexels TRAVEL AND TOURISM REVENUES TO REACH $540B IN 2021, ALMOST $200B LESS THAN IN 2019 - The COVID-19 pandemic has affected every sector globally, but the travel and tourism industry is among the hardest hit. Although hotels and resorts implemented increased safety and sanitation measures and cautiously reopened in the second half of 2020, the second wave of the pandemic brought a new hit to businesses operating in the sector and slowed down the recovery of the entire market. According to data presented…
CHINA THE MOST COMPLEX VS HONG KONG THE LEAST COMPLEX IN TERMS OF FINANCIAL COMPLEXITY IN ASIA PACIFIC – TMF report
CHINA THE MOST COMPLEX VS HONG KONG THE LEAST COMPLEX IN TERMS OF FINANCIAL COMPLEXITY IN ASIA PACIFIC - China is the most complex jurisdiction for financial compliance in the Asia Pacific region and Hong Kong is the easiest, according to a new report by global professional services firm TMF Group. ‘Accounting & tax: The global and local complexities holding multinationals to account ’ ranks 77 jurisdictions by the complexity of accounting and tax rules. It found China’s financial environment to be the region’s most complex, followe…
E-COMMERCE EMERGES AS MAINSTREAM PAYMENT IN THAILAND AMID COVID-19 CRISIS
E-COMMERCE EMERGES AS MAINSTREAM PAYMENT IN THAILAND AMID COVID-19 CRISIS - E-commerce has been on sustained growth for the last few years in Thailand. While Thailand is among the few countries globally that have been successful in combating COVID-19, the lockdown measures such as restricting the opening of businesses and retail stores have fast-tracked e-commerce growth, according to GlobalData, a leading data, and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the e-commerce market in Thailand is well-deve…
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