Tag: million
Written by Gabriel HerveyAugust 4, 2021
Firm Esg Threat Rankings
Marketing Article
Our attorneys present complete counsel to a various U.S. and international clientele from every sector of the industry including airways, resorts and resorts, cruise lines, spas, casinos, tour operators, online journey firms and large travel businesses. We provide strategic counsel on everything from property acquisitions and project growth through operations, employment and labor issues, regulatory
Written by Gabriel HerveyFebruary 12, 2021
Vested Finance Raises $3.6 Million USD to Bring U.S. Stocks to Indian Investors
Finance Article
SAN FRANCISCO and MUMBAI, India, Feb. 4, 2021 /PRNewswire/ — Vested Finance, a Silicon Valley-based online investment platform that enables Indian investors to invest in the U.S. stock market, today announced it has raised a $3.6 million seed funding round with participation from Moving Capital, Ovo Fund and TenOneTen Ventures in the U.S., and Inflection
Written by Gabriel HerveyFebruary 5, 2021
Samsung considers Austin for $17 billion chip plant, eyes tax breaks of at least $806 million: documents
Business Article
By Stephen Nellis, Hyunjoo Jin (Reuters) – Samsung Electronics Co Ltd is considering Austin, Texas, as one of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs, according to documents filed with Texas state officials. FILE PHOTO: The logo of Samsung Electronics is seen at
Written by Gabriel HerveyApril 14, 2020
New IMDA initiatives, S$8 million fund to help local media sector through COVID-19 period
News Business Article
SINGAPORE: A series of initiatives has been announced to help the local media sector tide over the COVID-19 period. In a press release on Tuesday (Apr 14), the Infocomm Media Development Authority (IMDA) said the initiatives were part of the ongoing national efforts to protect jobs and livelihoods. Advertisement Advertisement Through the new initiatives, media
Written by Gabriel HerveyApril 13, 2020
Thailand job losses may hit 10 million if COVID-19 outbreak drags on
News Business Article
BANGKOK: Thailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday (Apr 13). Southeast Asia’s second-largest economy is being hit hard by the virus outbreak and is heading into a recession. Advertisement Advertisement “We think about 7 million jobs have been lost already,
Written by Gabriel HerveyApril 8, 2020
New S$30 million grant to help Singapore farms speed up production of eggs, vegetables and fish
News Business Article
SINGAPORE: The agri-food industry will receive a S$30 million boost to speed up the production of commonly consumed food items like eggs, vegetables and fish. Called the 30×30 Express grant, it is aimed at further strengthening Singapore’s food security, as part of its goal of meeting 30 per cent of the country’s nutritional needs with food produced locally by 2030. Advertisement
Written by Gabriel HerveyApril 8, 2020
Woman masterminded pubs’ S$1 million tax evasion, gets jail and penalty of S$1.2 million
News Business Article
SINGAPORE: A woman who masterminded the evasion of about S$1 million in income and Goods and Services Taxes by two pubs over four years was given 41 weeks’ jail on Wednesday (Apr 8). Ann Phua Si Si, 53, was also ordered to pay a total of S$1.2 million in penalties. Advertisement Advertisement She did not
Written by Gabriel HerveyApril 7, 2020
World short of six million nurses: WHO
News Business Article
GENEVA: As COVID-19 captures global headlines, the World Health Organization (WHO) warned on Tuesday (Apr 7) that the world needs nearly six million nurses. The UN’s health agency along with partners Nursing Now and the International Council of Nurses (ICN) underscored in a report the crucial role played by nurses, who make up more than half
Written by Gabriel HerveyApril 4, 2020
Man arrested for money laundering offences linked to S$10 million COVID-19 scam for surgical masks, hand sanitisers
News Business Article
SINGAPORE: A 39-year-old man has been arrested for his suspected involvement in money laundering offences linked to a business email impersonation scam related to COVID-19. The police said in a news release on Saturday (Apr 4) that they were alerted in mid-March to a case of an overseas pharmaceutical company being defrauded of €6.64 million – about
Written by Gabriel HerveyApril 3, 2020
Global coronavirus cases top a million as Spain, UK see record deaths
News Business Article
WASHINGTON: Confirmed coronavirus cases around the world topped one million on Thursday (Apr 2) and the number of deaths soared past 50,000 as Europe reeled from the pandemic and the United States reported record numbers of people out of work. Despite more than half the planet imposing some form of lockdown, the virus claimed thousands more
Written by Gabriel HerveyMarch 31, 2020
Trump says COVID-19 guidelines may get tougher; 1 million Americans tested
News Business Article
WASHINGTON: US President Donald Trump said on Monday (Mar 30) that federal social distancing guidelines might be toughened and travel restrictions with China and Europe would stay in place as he urged Americans to help fight the coronavirus with tough measures through April. Trump, speaking to reporters at the White House, said more than 1
Written by Gabriel HerveyMarch 30, 2020
COVID-19: ComfortDelGro Taxi extends daily rental relief to September in move costing up to S$80 million
News Business Article
SINGAPORE: ComfortDelgro Taxi announced on Monday (Mar 30) it was extending its daily rental relief until September to hirers affected by the COVID-19 outbreak. Hirers currently receive a total of S$46.50 per taxi per day in rental relief, which comprises S$36.50 from the the company and S$10 from the Government’s Special Relief Fund. Advertisement Advertisement The relief
Written by Gabriel HerveyMarch 29, 2020
More than S$5.9 million in donations to The Courage Fund for those affected by COVID-19
News Business Article
SINGAPORE: A fund to provide relief for those affected by the COVID-19 outbreak has received more than S$5.9 million in donations. Minister for Social and Family Development Desmond Lee gave this update on his Facebook page on Sunday (Mar 29). Advertisement Advertisement The donations to The Courage Fund will be used by Community Chest to support patients,
Written by Gabriel HerveyMarch 26, 2020
Russia thanks ‘real friend’ Jack Ma for gift of a million masks
News Business Article
MOSCOW: Russia has received more than a million masks and 200,000 coronavirus testing kits as a gift from Chinese billionaire businessman Jack Ma, its Defence Ministry said on Thursday (Mar 26). Calling Ma “a real friend”, the ministry said in a statement that the co-founder of Chinese e-commerce giant Alibaba had spoken by telephone to
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