Thailand Finance – Aisa Net http://aisa-net.com/ Fri, 11 Jun 2021 20:42:38 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://aisa-net.com/wp-content/uploads/2021/05/aisa-net-icon-150x150.png Thailand Finance – Aisa Net http://aisa-net.com/ 32 32 FinCEN Files survey named Pulitzer Prize finalist https://aisa-net.com/fincen-files-survey-named-pulitzer-prize-finalist/ https://aisa-net.com/fincen-files-survey-named-pulitzer-prize-finalist/#respond Fri, 11 Jun 2021 18:19:45 +0000 https://aisa-net.com/fincen-files-survey-named-pulitzer-prize-finalist/

The FinCEN Files survey was recognized as a finalist for the 2021 Pulitzer Prize for International Reporting, bringing more praise to the groundbreaking project from the International Consortium of Investigative Journalists, BuzzFeed News and over 100 other media partners across the world.

Columbia University Pulitzer Council recognized the FinCEN Files reporting team on Friday for completing a “massive reporting project” that produced “sweeping revelations” about the “role of some of the world’s largest banks in facilitating international money laundering and trafficking in goods and people, corruption that continues to frustrate regulators around the world.

More than 400 journalists from 88 countries participated in the survey.

“This latest honor is a tribute to the hard work of ICIJ staff and partner journalists around the world,” said ICIJ Director Gerard Ryle. “It is also a tribute to the power of collaborative journalism which is at the heart of the ICIJ model. We are delighted to share this honor with BuzzFeed, who made this partnership possible by sharing an explosive treasure trove of secret U.S. government documents with the ICIJ and other partners.

BuzzFeed News Won the Pulitzer Prize for International Reporting for his innovative series of stories about the mass detention of Muslims in China. Along with the FinCEN Files collaboration, other finalists in the International Reporting category were the Wall Street Journal and the New York Times.

The ICIJ and its partners won the Pulitzer Prize for explanatory report in 2017 for another investigation into financial corruption, the Panama Papers.

Earlier this year, three Norwegian lawmakers nominated the ICIJ for a Nobel Peace Prize for nearly a decade of investigations – including the Panama Papers and FinCEN files – which revealed how politicians, mega groups -riches and criminals have used “offshore” financial resources. system to dodge taxes and launder dirty money.

FinCEN Files won several other journalism accolades this year, including Tom Renner Award for Investigative Journalists and Editors to “cover up organized crime or other criminal acts”.

The FinCEN Files investigation found that five global banks – JPMorgan Chase, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon – continued to profit from suspicious transactions even after paying fines to US authorities for previous misconduct. and in some cases signed deferred prosecution agreements.

In hundreds of stories that began appearing in September 2020, the ICIJ, BuzzFeed News and other partners discussed how laws designed to end financial crime have instead allowed it to thrive – and how banks that move dirty money can protect themselves by filing “suspicious activity reports” that authorities are unlikely to read, let alone act.

The investigation began when a blower provided BuzzFeed News reporter Jason Leopold with a remarkable collection of highly confidential documents filed with the US Treasury Department’s Financial Crimes Enforcement Network, known for short as FinCEN. Natalie Mayflower Sours Edwards, the U.S. Treasury official who leaked the financial intelligence documents to BuzzFeed News, was sentenced last week to six months in prison.

In one opinion piece published Thursday, BuzzFeed News editor-in-chief Mark Schoofs called Edward’s conviction and conviction “unjust and unjust.” Our criminal justice system must recognize that much of what we know about financial corruption, government surveillance and corporate crime does not come from journalists working in isolation, but from journalists working with people at risk. their freedom and their livelihood to make sure the truth comes out.

The documents included more than 2,100 suspicious activity reports, which banks and other financial institutions are required to submit to FinCEN when they see characteristics of illegal activity.

Turning these dense reports into groundbreaking journalism required an enormous feat of sifting and analyzing data, as well as a coordinated global reporting effort. Journalists spread across the world, contacting thousands of sources: presidential advisers, bankers, cops, even gangsters and arms traffickers. Along the way, the ICIJ and its partners obtained more than 17,600 additional documents, including audit reports and other documents, from dozens of countries.

Journalists gathered in Hamburg for a FinCEN Files meeting. Image: Scilla Alecci / HERE

“It took a global team effort to uncover the flow and destructive evil of dirty money around the world,” said Ryle, Director of ICIJ. “Our efforts have attracted much criticism of weak international defenses against some kind of criminal activity that can lead to inequality and destabilize nations.”

The FinCEN Files survey has been credited with sparking new efforts by governments around the world to fight money laundering.

After the ICIJ, BuzzFeed News and other partners approached the Treasury Department with the findings of the investigation, the Department ad a plan to “respond to the evolving threats of illicit financing”. New York’s main banking regulator, which plays an important role in overseeing global banks, admitted that dirty money had metastasized “into the bowels of financial institutions.”

Key members of Congress credited Disclosures of the FinCEN files contributed to the final impetus that led to the passage of the Corporate Transparency Act, the largest revision of US anti-money laundering policy in a generation.

The UK’s powerful Treasury committee has said it will continue an investigation into the effectiveness of the country’s anti-money laundering regime. Authorities in Liberia, Seychelles and Thailand have launched investigations and European Parliament lawmakers have demanded a more aggressive approach to combating money laundering.

“The FinCEN files have taken financial reporting to new heights,” Schoofs, editor-in-chief of BuzzFeed News, said Friday in response to the Pulitzer board announcement. The confidential documents Edwards provided, he said, led to a “monumental reporting effort” which “exposed how the big banks took advantage of the dirty money that went through their accounts, while the government American monitored but rarely took action “.


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G-7 tax deal ripples through Singapore and beyond: what you need to know https://aisa-net.com/g-7-tax-deal-ripples-through-singapore-and-beyond-what-you-need-to-know/ https://aisa-net.com/g-7-tax-deal-ripples-through-singapore-and-beyond-what-you-need-to-know/#respond Fri, 11 Jun 2021 04:03:00 +0000 https://aisa-net.com/g-7-tax-deal-ripples-through-singapore-and-beyond-what-you-need-to-know/

SINGAPORE – Last week, the Group of Seven Advanced Economies pledged to set a global corporate tax rate of “at least 15%” – a major step in promoting fairer taxation in the world. era of globalization and digitization.

While the G-7’s proposal will be discussed further in the coming weeks in broader international frameworks, such as the Group of 20, Asian countries and multinationals are already assessing the impact if a minimum tax materializes.

Some may benefit from a level playing field. Others could lose their luster as investment destinations, especially given the lingering pressure to impose corporate taxes above the proposed minimum of 15%. Either way, policymakers and business leaders are likely to have strategic adjustments to make.

Here are some of the implications for Asia.

Will Singapore and Hong Kong become less attractive to investors?

Some countries and territories in Asia have encouraged multinational companies to set up operations with low tax rates. Singapore’s corporate tax is set at 17%, while Hong Kong’s is 16.5%, lower than most other Asian economies. They also offer benefits that can further reduce the effective tax rate. It is still unclear how the proposed minimum rate rule would deal with such incentives.

Chester Wee, who heads EY’s international corporate tax advisory business for ASEAN, told Nikkei Asia that the two cities “should review their corporate tax regimes to ensure their relevance in the new tax world.” . Still, he added that they would likely continue to attract investment even if the tax floor was set at 15%.

The authorities have clearly taken note.

Singaporean Finance Minister Lawrence Wong said “it was too early to say” what the impact would be, in a Facebook post on Tuesday. But he said that once a global consensus is reached, Singapore “will make all necessary changes to our corporate tax system, in close consultation with businesses and tax professionals.”

Wong stressed that “the new rules should not inadvertently weaken the incentives for companies to invest and innovate. Otherwise, countries will all be worse off, fighting for our share of a shrinking pie.”

Hong Kong Finance Secretary Paul Chan told the legislature on Monday that the proposed tax regime could affect some of the city’s tax benefits for various industries, according to a Bloomberg report. “We would like to use low tax rates to promote the development of certain sectors,” Chan said, “so we could be limited [from] using a low tax rate regime as a competitive method.

Other Asian jurisdictions that have relatively low corporate tax rates include Macau, at 12 percent, and Brunei, at 18.5 percent, according to data from the Organization for Economic Co-operation and Development.

How have Asian multinationals reacted?

So far, few Asian business leaders have revealed their views on the G-7 proposal. The scheme could be a bigger problem for Western multinationals like Google and Facebook, whose tax avoidance strategies have drawn strong criticism. But Asian businesses could also be affected.

Global Times, a Chinese state-owned media outlet, reported on Sunday an expert’s opinion that the minimum tax rule would discourage the country’s tech giants from avoiding taxes by setting up accounts in other country, giving Beijing more control. “Like their US and European counterparts, many large tech companies in China also have divisions in tax havens such as the Cayman Islands, including Tencent and Alibaba,” the report said.

Masakazu Tokura, head of Japan’s largest trade lobby Keidanren, as well as chairman of Sumitomo Chemical, told reporters that the minimum tax would help prevent a “race to the bottom” in global tax rates and help prevent domestic industries to contract. He added that the new regime should not complicate administrative procedures.

Many in Japan, however, are still scratching their heads. Finance Minister Taro Aso said on Tuesday he had no idea of ​​the impact of the new tax regime on Japanese businesses.

What are the Asian members of the G-20 saying about the proposal?

Apart from Japan – the only Asian member of the G-7 – Australia, China, India, Indonesia and South Korea are all part of the G-20. A key question is whether countries outside the G-7 will adopt the new tax regime.

“We support the search for a consensus on a solution by mid-2021 in the multilateral framework, in accordance with the mandate of the G-20,” Chinese Foreign Ministry spokesman Wang Wenbin said on Tuesday. “China believes that all countries, including the G-20 [members], should contribute pragmatically and constructively, properly handle the main concerns of all parties and be inclusive in the design of the solution, ”he said.

Chinese Foreign Ministry spokesman Wang Wenbin said Beijing supports seeking consensus on a tax solution by mid-2021. © Reuters

Australian Treasurer Josh Frydenberg said: “Australia welcomes the commitment of the G-7 countries to agree on a globally coherent approach to the fiscal challenges posed by the digitization of the economy”, according to the local media.

South Korea’s finance ministry said tax rules could have a mixed impact on the country as businesses face a financial blow, but the government could see more tax revenue. “Companies with subsidiaries in tax havens will face heavier tax burdens,” said a ministry director who asked not to be named. “For the government, it is a plus for collecting tax revenue.”

Indonesian Finance Minister Sri Mulyani Indrawati supported the minimum tax proposal in a Washington Post opinion piece, which she co-wrote with four counterparts. Indian officials have yet to publicly react to the G-7 deal.

The Economist Intelligence Unit noted on Wednesday that members of the G-20 outside the G-7 are “seen as broadly in favor of reform, although outside of China their governments and businesses are unlikely to are significant beneficiaries or payers of net taxes “.

How did other emerging Asian economies react?

Thai Prime Minister Prayuth Chan-ocha has tasked his economic departments to study the impact of the G-7 deal, according to a local report. Prayuth said the move could be both a boost and a bane to Thailand’s efforts to attract foreign investment, including into the Eastern Economic Corridor, according to The Nation. “Thailand needs to monitor, adjust and improve regulations to increase skills in the face of upcoming changes,” a government spokesperson said in the report.

Like Thailand, many jurisdictions in emerging Asia offer tax incentives that result in lower effective rates to attract investors.

Where does the discussion go from here?

The G-7 communiqué only briefly mentioned that the group would “commit to an overall minimum tax of at least 15% country by country”, leaving details for future discussions in broader forums such as the G-20 and the OECD.

“At least 15%” implies that some countries can still push for a higher threshold. The US Treasury Department, which proposed the minimum rate of 15%, said last month that “15% is a floor and discussions should continue to be ambitious and push this rate up.”

Some low-tax economies like Ireland, which has a corporate interest rate of only 12.5%, should resist.

Fair tax groups say 15% is too low. “This deal should be the starting point for a future deal that includes a higher minimum tax rate, and which also works for low-income countries,” said Tax Justice UK executive director Robert Palmer, in a press release.

Gabriela Bucher, executive director of Oxfam International, a charity, said the 15% minimum “will do little to end the race to level corporate taxes to the bottom and limit the ‘widespread use of tax havens “.

For now, the lack of certainty poses a risk. EY’s Wee warned that in the short term, “the investment climate may be slowed due to the uncertainty created by these global tax changes.”

Additional reporting by Kim Jaewon in Seoul.


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Global Ceramic Sanitary Ware Market (2020 to 2026) https://aisa-net.com/global-ceramic-sanitary-ware-market-2020-to-2026/ https://aisa-net.com/global-ceramic-sanitary-ware-market-2020-to-2026/#respond Thu, 10 Jun 2021 08:53:00 +0000 https://aisa-net.com/global-ceramic-sanitary-ware-market-2020-to-2026/

Dublin, June 10, 2021 (GLOBE NEWSWIRE) – The “Ceramic Sanitary Ware Market Research Report by Technology, Application, Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report was added to ResearchAndMarkets.com offer.

The global ceramic sanitary ware market size was estimated at USD 45.27 billion in 2020 and is expected to reach USD 48.94 billion in 2021, at a compound annual growth rate (CAGR) of 8.43% from 2020 to 2026 to reach $ 73.61 billion by 2026.

Market Statistics:

The report provides market size and forecast in five major currencies – USD, EUR GBP, JPY and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.

Market segmentation and coverage:

This research report categorizes Ceramic Sanitary Products to forecast revenue and analyze trends in each of the following submarkets:

  • On the basis of technology, the ceramic sanitary ware market has been examined in isostatic casting, die casting, slip casting and sliver casting.

  • Based on type, the ceramic sanitary ware market has been examined for bidgets, cisterns, sinks / toilets, urinals, and wash basins. Bidgets are discussed in more detail through the Rim Supply Bidget and the Rim Supply Bidget. Tanks are further explored in closer coupled tanks, high level tanks and low level tanks. The sinks / toilets are studied in more detail in the European toilets (Ewc), one room, two rooms and wall cupboards. The sink is further explored in corners, counters, pedestals, table tops and wall hangers.

  • Based on the application, the Ceramic Sanitary Ware market has been examined in the commercial and residential sectors. Commercial is further explored in the hospitality, industrial, institutional and retail, and office sectors.

  • On the basis of geography, the ceramic sanitary ware market has been examined in America, Asia-Pacific and Europe, Middle East and Africa. The Americas are further explored in Argentina, Brazil, Canada, Mexico, and the United States. Asia-Pacific is further explored in China, India, Indonesia, Japan, Malaysia, Philippines, South Korea and Thailand. Europe, Middle East and Africa are also studied in France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, Arab Emirates United and the United Kingdom.

Competitive strategic window:

The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix assesses and ranks suppliers in the ceramic sanitary ware market based on business strategy (company growth, industry coverage, financial viability and channel support) and product satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

Company usability profiles:

The report explores in depth the recent significant developments of leading suppliers and innovation profiles in the global ceramic sanitary ware market including Duratex SA, Duravit Ag, Eczacibasi, Geberit Group, Hsil, Ideal Standard International SA, Kohler Co., Lecico Bathrooms, Lixil Corporation, Rak Ceramics, Roca Group, Toto and Villeroy & Boch.

The report provides information on the following pointers:
1. Market penetration: provides comprehensive information on the market offered by the major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast for the global Sanitary Ceramics market?
2. What are the inhibitory factors and impact of COVID-19 shaping the global Sanitary Ceramics Market during the forecast period?
3. What are the products / segments / applications / areas to invest in during the forecast period in the global ceramic sanitary ware market?
4. What is the strategic competitive window for opportunities in the global Ceramic Sanitary Products market?
5. What are the technological trends and regulatory frameworks in the global ceramic sanitary ware market?
6. What is the market share of the major suppliers in the global ceramic sanitary ware market?
7. What strategic fashions and movements are considered appropriate for entering the global ceramic sanitary ware market?

Main topics covered:

1. Preface

2. Research methodology

3. Executive summary

4. Market overview

5. Market overview
5.1. Market dynamics
5.1.1. Conductors
5.1.1.1. Growing development on infrastructure projects
5.1.1.2. Shifting consumers to luxury sanitary ware in developing countries
5.1.1.3. A growing real estate industry attributed to rapid urbanization
5.1.2. Constraints
5.1.2.1. High cost of raw materials
5.1.3. Opportunities
5.1.3.1. Innovation and progress of ceramic sanitary ware with aesthetic appeal
5.1.3.2. Increase investments in the ceramics sector
5.1.4. Challenges
5.1.4.1. Change in demand for housing
5.2. Cumulative impact of COVID-19
5.3. Porters Five Forces Analysis
5.3.1. The threat of new participants
5.3.2. The threat of substitutes
5.3.3. Bargaining power of clients
5.3.4. Bargaining power of suppliers
5.3.5. Industry rivalry

6. Ceramic Sanitary Ware Market, By Technology
6.1. introduction
6.2. Isostatic casting
6.3. Die casting
6.4. Slip casting
6.5. Tape casting

7. Ceramic Sanitary Ware Market, by Type
7.1. introduction
7.2. Bidgets
7.2.1. Rim supply bidget
7.2.2. Rim Supply Bidget
7.3. Cisterns
7.3.1. Tightly coupled tank
7.3.2. High level cistern
7.3.3. Low level cistern
7.4. Washbasins / WC
7.4.1. European WC (Ewc)
7.4.2. A piece
7.4.3. Two pieces
7.4.4. Hanging cupboards
7.5. Urinals
7.6. Bathroom sink
7.6.1. Corner
7.6.2. Counter
7.6.3. Pedestal
7.6.4. Table top
7.6.5. Hanging on the wall

8. Ceramic Sanitary Ware Market, By Application
8.1. introduction
8.2. Commercial
8.2.1. Hospitality
8.2.2. Industrial
8.2.3. Institutional and Retail
8.2.4. Office
8.3. Residential

9. Americas Ceramic Sanitary Ware Market
9.1. introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
9.6.1. California
9.6.2. Florida
9.6.3. Illinois
9.6.4. new York
9.6.5. Ohio
9.6.6. Pennsylvania
9.6.7. Texas

10. Asia-Pacific Ceramic Sanitary Ware Market
10.1. introduction
10.2. China
10.3. India
10.4. Indonesia
10.5. Japan
10.6. Malaysia
10.7. Philippines
10.8. South Korea
10.9. Thailand

11. Europe, Middle East and Africa ceramic sanitary ware market
11.1. introduction
11.2. France
11.3. Germany
11.4. Italy
11.5. Netherlands
11.6. Qatar
11.7. Russia
11.8. Saudi Arabia
11.9. South Africa
11.10. Spain
11.11. United Arab Emirates
11.12. UK

12. Competitive landscape
12.1. FPNV positioning matrix
12.1.1. Quadrants
12.1.2. Business strategy
12.1.3. Product satisfaction
12.2. Market ranking analysis
12.3. Market share analysis
12.4. Competitive scenario
12.4.1. Merger & Acquisition
12.4.2. Agreement, collaboration and partnership
12.4.3. Launch and improvement of new products
12.4.4. Investment and financing
12.4.5. Awards, recognition and expansion

13. Company usability profiles
13.1. Duratex SA
13.2. Duravit Ag
13.3. Eczacibasi
13.4. Geberit Group
13.5. Hsil
13.6. Ideal Standard International SA
13.7. Kohler Co.
13.8. Lecico bathrooms
13.9. Lixil Corporation
13.10. Rak ceramic
13.11. Roca Group
13.12. Toto
13.13. Villeroy & Boch

14. Annex

For more information on this report, visit https://www.researchandmarkets.com/r/bood9x

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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Global Bariatric Lifting Market Research Report (2020 to 2026) – by Product and Region https://aisa-net.com/global-bariatric-lifting-market-research-report-2020-to-2026-by-product-and-region/ https://aisa-net.com/global-bariatric-lifting-market-research-report-2020-to-2026-by-product-and-region/#respond Wed, 09 Jun 2021 17:58:00 +0000 https://aisa-net.com/global-bariatric-lifting-market-research-report-2020-to-2026-by-product-and-region/

the “Bariatric Lifting Market Research Report By Product, By Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report was added to ResearchAndMarkets.com offer.

The global bariatric lifting market size was estimated to be $ 72.56 million in 2020 and is expected to reach $ 76.67 million in 2021, at a compound annual growth rate (CAGR) of 6.01% from 2020 to 2026 to reach $ 103.00 million by 2026.

Market Statistics:

The report provides market size and forecast in five major currencies – USD, EUR GBP, JPY and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.

Market segmentation and coverage:

This research report categorizes Bariatric Lift to forecast revenue and analyze trends in each of the following submarkets:

  • Based on the product, the bariatric elevator market has been examined over 1000 pounds and 500 pounds.

  • Based on the application, the Bariatric Elevator market has been examined through clinical use, hospital use, and household use.

  • On the basis of geography, the Bariatric Lifting market has been examined in America, Asia-Pacific and Europe, Middle East and Africa. The Americas are further explored in Argentina, Brazil, Canada, Mexico, and the United States. Asia-Pacific is further explored in China, India, Indonesia, Japan, Malaysia, Philippines, South Korea and Thailand. Europe, Middle East and Africa are also studied in France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, Arab Emirates United and the United Kingdom.

Competitive strategic window:

The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix assesses and categorizes vendors in the Bariatric Elevator market based on business strategy (company growth, industry coverage, financial viability, and channel support) and product satisfaction (value for the money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

The report provides information on the following pointers:

1. Market penetration: provides comprehensive information on the market offered by the major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.

3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players

5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast for the global Bariatric Lifting Market?

2. What are the inhibitory factors and impact of COVID-19 shaping the global Bariatric Lifting Market during the forecast period?

3. What are the products / segments / applications / areas to invest in during the forecast period of the global Bariatric Lifting Market?

4. What is the strategic competitive window for opportunities in the global Bariatric Lifting Market?

5. What are the technological trends and regulatory frameworks in the global Weight Lifting market?

6. What is the market share of the major vendors in the global bariatric elevator market?

7. What strategic fashions and moves are considered appropriate for entering the global bariatric elevator market?

Market dynamics

Conductors

  • Increased prevalence of lifestyle diseases

  • Rapid recovery from injuries increases demand for weight lifting

  • Growing demand for specialized equipment specially designed for bariatric patients

Constraints

Opportunities

Challenges

Companies mentioned

For more information on this report, visit https://www.researchandmarkets.com/r/9260s0

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210609005800/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Director
press@researchandmarkets.com

For EST office hours, call 1-917-300-0470
For USA / CAN call toll free 1-800-526-8630
For GMT office hours, call + 353-1-416-8900


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Firm backs 2.25 billion baht for employment plan https://aisa-net.com/firm-backs-2-25-billion-baht-for-employment-plan/ https://aisa-net.com/firm-backs-2-25-billion-baht-for-employment-plan/#respond Tue, 08 Jun 2021 21:44:00 +0000 https://aisa-net.com/firm-backs-2-25-billion-baht-for-employment-plan/

Firm backs 2.25 billion baht for employment plan

First group of new graduates to benefit

The cabinet on Tuesday approved the allocation of 2.25 billion baht from a central budget earmarked for emergency purposes in fiscal year 2021 to hire 10,000 new college graduates for a year, with the aim of helping financially the people suffering from the coronavirus epidemic.

According to Prime Minister Prayut Chan-o-cha, temporary employment is to be managed by 28 state agencies, both in central and provincial areas.

Under this program, new graduates will earn 18,000 baht per month.

“The new employment program is intended to alleviate the financial hardship of those affected by Covid-19,” General Prayut said. “Measures to help entrepreneurs will be decided later.”

From the approved budget, 2.10 billion baht is for monthly salary expenses and 150 million for contributions to the Social Security Fund.

The employment program begins this month, he said.

Last week, Deputy Prime Minister Supattanapong Punmeechaow revealed that the government was preparing to roll out a new 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move aimed at to discourage mass layoffs country.

The co-payment system should be implemented as soon as possible to help SMEs keep their businesses open, he said.

Supattanapong said the program will be funded either from the 300 billion baht budget the government has set aside to help people and businesses affected by the third wave of the pandemic, or from the 170 billion baht set aside for the stimulus. investment and domestic consumption. like job maintenance.

Both budgets are part of the new 500 billion baht loan decree.

He said the SMEs likely to qualify for the new co-payment system are those that were unable to acquire a 250 billion baht soft loan from the central bank.

The measure could last from 3 to 9 months, Supattanapong said.

In a related development, General Prayut said he had authorized Mr. Supattanapong, the Ministry of Finance and the National Economic and Social Development Council to study the G7 agreement for an overall minimum tax rate of at minus 15%.

The deal aims to get multinationals, especially tech giants, to pay their fair share of taxes.

The Thai prime minister said the deal could affect Thailand’s ability to attract foreign investment, including in its flagship Eastern Economic Corridor.


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Wirecard Fallout to stimulate FinTech in the region https://aisa-net.com/wirecard-fallout-to-stimulate-fintech-in-the-region/ https://aisa-net.com/wirecard-fallout-to-stimulate-fintech-in-the-region/#respond Tue, 08 Jun 2021 08:41:00 +0000 https://aisa-net.com/wirecard-fallout-to-stimulate-fintech-in-the-region/

Wirecard has built a business with many qualified people and good assets, said the founders of Railsbank and Finch Capital, who acquired the legal entities of the payment processor in the UK and parts of South Asia respectively. -Is.

“Wirecard has been a huge blow to fintech, and we all play a role in protecting our industry and making sure fintech is always valued as an industry, because it is the future of finance.” , co-founder of Railsbank and Nigel Verdon Told finews.asia.

Last year, Railsbank bought the UK assets of Wirecard, while Dutch fintech fund Finch Capital, via Nomu Pay, announced in April that it was in the process of acquiring Wirecard entities in the Philippines, Malaysia, to Hong Kong and Thailand, as well as the company’s regional data warehouse in Singapore.

“It made sense to us strategically, and there are a lot of people at Wirecard that we can use to grow our business. And we were also motivated to help the market, because there are so many people who depend on these companies, ”said Verdon, based in Singapore, where Railsbank opened its regional headquarters in 2019.

Unique opportunity

“Obtaining licenses and building a presence are things that take time, and it was a unique opportunity to enter attractive markets. If we want to do something important in this space, it should go through an agreement like this ”, partner of Finch Capital Radboud Vlaar (photo below) said in an interview on acquisitions.


Radboud Vlaar, Partner, Finch Capital

Unlike Wirecard, Nomu Pay will focus more on e-commerce than point-of-sale, Vlaar said. “There are many nuances in the region, and when you look at the shift from using cash to digital payments, and the growth of e-commerce, I see strong growth potential for the business in the 5-10. coming years. “

Attractive markets

“We are looking to add one or two more active ingredients and develop it organically. We see opportunities in the region, especially in differentiating ourselves by bringing in newer technology, compared to local players, ”said Vlaar.

At the country level, Vlaar said Nomu Pay is interested in countries that Wirecard has found attractive, such as Vietnam and Indonesia, and seeks to grow organically in these two markets. It is also establishing itself in Singapore and is considering Australia, Japan and Korea in the longer term.

“We like large, high growth markets where there is great potential for a payments player like Nomu Pay to help local and regional customers be successful in payments, unlike other payment giants, which focus on l ‘helping American / European companies to expand in Asia, “he added.

Railsbank growth

Verdon said the acquisition of Wirecard, which brought useful technology and experienced staff, has helped the company grow its banking as a service and card as a service business, both in Europe and across Europe. Singapore.

“It boosted our business and gave us the technology and a lot of people we needed to hire, especially talent in card issuing, many of whom worked for Wirecard,” Verdon said.

Railsbank was recently launched in Australia, where it has partnered with Volt and Mastercard. He is also eager to expand into the Philippines and Indonesia, Verdon said.


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Wireless Connectivity Market Research Report by Connectivity Technology, Type, Application, Region – Global Forecast to 2026 https://aisa-net.com/wireless-connectivity-market-research-report-by-connectivity-technology-type-application-region-global-forecast-to-2026/ https://aisa-net.com/wireless-connectivity-market-research-report-by-connectivity-technology-type-application-region-global-forecast-to-2026/#respond Mon, 07 Jun 2021 13:09:00 +0000 https://aisa-net.com/wireless-connectivity-market-research-report-by-connectivity-technology-type-application-region-global-forecast-to-2026/

Wireless Connectivity Market research report by Connectivity Technology (Bluetooth Classic, Bluetooth Smart and Bluetooth Smart Ready), by Type (Cellular M2M, Low Power WAN and Satellite), by Application, by Region (Americas, Asia-Pacific, and Europe, Middle East and Africa) – Global forecasts to 2026 – Cumulative impact of COVID-19

New York, June 07, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Wireless Connectivity Market Research Report by Connectivity Technology, by Type, by Application, by Region – Global Forecast to 2026 – Cumulative Impact of COVID -19 “- https://www.reportlinker.com/p06089027/?utm_source=GNW

The global wireless connectivity market size was estimated at $ 62.76 billion in 2020 and is expected to reach $ 72.09 billion in 2021, at a compound annual growth rate (CAGR) of 15.20% from 2020 to 2026 to reach 146.70 billion USD by 2026.

Market Statistics:
The report provides market size and forecast in five major currencies – USD, EUR GBP, JPY and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.

Market segmentation and coverage:
This research report categorizes wireless connectivity to forecast revenue and analyze trends in each of the following submarkets:

Based on connectivity technology, the wireless connectivity market has been studied through Bluetooth Classic, Bluetooth Smart, Bluetooth Smart Ready, Cellular M2M Technologies, Enocean, Global Navigation Satellite System, Lora, LTE CAT M1, NB-IoT, Near Field Communication, Sigfox, UWB, Wi-Fi, Z-Wave and Zigbee. M2M cellular technologies are studied in more detail on 2g, 3g and 4g +.

Based on the type, the wireless connectivity market has been studied as cellular M2M, low power wide area network, satellite, wireless local area network (WLAN) and wireless personal area network (WPAN).

Based on the application, the wireless connectivity market has been studied in the fields of agriculture, building automation, consumer electronics, healthcare, industry, telecommunications and portable devices. Agriculture is studied further through the modem, repeater and router. Building automation is further explored in fire protection systems, HVAC control systems, lighting control systems, security and access systems, and smart meters. Consumer electronics are further explored in consumer devices and consumer devices. Healthcare is further explored in diagnostic and therapy devices, portable medical devices, and portable devices. Wearable devices are studied in more detail in body clothing, glasses, shoes, neck and wrists.

On the basis of geography, the wireless connectivity market has been studied in America, Asia-Pacific and Europe, Middle East and Africa. The Americas are further explored in Argentina, Brazil, Canada, Mexico, and the United States. Asia-Pacific is further explored in China, India, Indonesia, Japan, Malaysia, Philippines, South Korea and Thailand. Europe, Middle East and Africa are also studied in France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, Arab Emirates United and the United Kingdom.

Cumulative impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected nearly every industry, and the long-term effects are expected to impact the growth of the industry during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of the underlying issues of COVID-19 and potential pathways to follow. The report provides insight on COVID-19 given changes in consumer behavior and demand, purchasing patterns, supply chain diversion, dynamics of current market forces, and significant government interventions. . The updated study provides information, analysis, estimates and forecasts, considering the impact of COVID-19 on the market.

Competitive strategic window:
The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.

FPNV positioning matrix:
The FPNV Positioning Matrix assesses and ranks vendors in the wireless connectivity market based on business strategy (company growth, industry coverage, financial viability, and channel support) and product satisfaction (value for the money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:
The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

Company usability profiles:
The report deeply explores the recent significant developments of leading vendors and innovation profiles in the global wireless connectivity market including Broadcom, Ceva, Inc., Cypress Semiconductor, Enocean, Espressif Systems Pte., Ltd., Intel, Marvell Technology Group Ltd. , Mediatek, Microchip Technology, Murata Manufacturing Co., Ltd., Nexcom International Co., Ltd., Nordic Semiconductor, Nxp Semiconductors, Peraso Technologies, Inc., Qualcomm, Quantenna Communications, Inc., Renesas Electronics Corporation, Skyworks Solutions, Inc .., Stmicroelectronics and Texas Instruments.

The report provides information on the following pointers:
1. Market penetration: provides comprehensive information on the market offered by the major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast for the global wireless connectivity market?
2. What are the inhibiting factors and impact of COVID-19 shaping the global wireless connectivity market during the forecast period?
3. What are the products / segments / applications / areas to invest in during the forecast period in the global wireless connectivity market?
4. What is the strategic competitive window for opportunities in the global wireless connectivity market?
5. What are the technological trends and regulatory frameworks in the global wireless connectivity market?
6. What is the market share of the major vendors in the global wireless connectivity market?
7. What strategic fashions and movements are considered appropriate for entering the global wireless connectivity market?
Read the full report: https://www.reportlinker.com/p06089027/?utm_source=GNW

About Report link
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

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FirstFT: Today’s best stories | Financial Time https://aisa-net.com/firstft-todays-best-stories-financial-time/ https://aisa-net.com/firstft-todays-best-stories-financial-time/#respond Sun, 06 Jun 2021 20:09:22 +0000 https://aisa-net.com/firstft-todays-best-stories-financial-time/

Hello. This article is an on-site version of our FirstFT Asia newsletter. register here to receive the newsletter directly in your inbox every weekday morning

The G7 tax deal struck by the world’s leading advanced economies this weekend is the first substantial evidence of relaunched international cooperation since President Joe Biden brought the United States back to the negotiating table. Yet there is still a long way to go before it can be implemented.

“This is a starting point,” said French Finance Minister Bruno Le Maire, promising that “in the coming months, we will fight for this minimum corporate tax rate to be as high as possible”.

The deal aims to close loopholes multinationals have exploited to lower their tax bills, by ensuring they pay more in the countries where they operate.

G7 ministers supported a global minimum rate of at least 15% and agreed that countries should have the right to tax a certain proportion of the profits of the largest and most profitable multinationals where they are generated.

Go further: The FT’s view calls the weekend’s deal between G7 finance ministers a revolutionary opportunity to reverse the process of large multinationals channeling their profits to low-tax jurisdictions – and ensuring that companies visibly make a fair contribution to post-pandemic recovery. For this to be successful, they write, the world’s largest economies will need to enroll more broadly. But it is in their own interest to do so.

Coronavirus digest

  • United States will donate 750,000 Covid-19 vaccines to Taiwan, signaling support for the country after Taipei accused Beijing of interfering in its efforts to get beatings.

  • India getting ready to relax containment rules as coronavirus cases drop to two-month low (Reuters)

  • Antoine Fauci, The White House’s chief medical adviser has become a lightning rod in a politicized debate over the origins of Covid-19. He faces calls for resignation from the American right. “It worries me what he’s saying about this country,” he told reporter Kiran Stacey.

  • The Covid-19 pandemic ended in Norway, according to one of the doctors at the head of the response. It has the lowest infection rate since last summer, but caution is advised as long as local outbreaks remain

  • Great Britain plans to offer Covid vaccines to adolescents later this year

Register now for our Coronavirus Business Update bulletin

In the news

Merkel’s party soars in German state vote, defeating far right German Christian Democrats won a decisive election victory in eastern Saxony-Anhalt on Sunday in a huge boost for their leader Armin Laschet and her candidacy to succeed Angela Merkel as chancellor in September.

Markets on hold as Peruvians vote in close election Financial markets were in suspense as Peruvians voted on Sunday in one of the most polarized elections in the country’s history, with private polls showing candidates neck and neck. The election pits Pedro Castillo, a rural primary school teacher turned far-left populist, against Keiko Fujimori, the widely hated daughter of the authoritarian former president of Peru Alberto Fujimori.

Pedro Castillo greets his supporters upon his arrival in the town of Tacabamba, in the Cajamarca region, in northeastern Peru, on Saturday © Ernesto Benavides / AFP via Getty

Dubai Reit must fight ahead of vote on Islamic bond restructuring A group of international lenders are fighting for greater transparency and governance changes in a major Dubai real estate investment trust ahead of a crucial vote on its restructuring plans on Monday, marking a rare case of investor activism in the Gulf .

Kremlin could further restrict food exports to protect it from high prices Russia has warned it is ready to expand its export restrictions on key food items after recent price hikes prompted the Kremlin to cap the domestic cost of staples such as sugar and flour, a said the country’s Minister of Economy.

Volkswagen nears € 10m settlement from ex-chief Martin Winterkorn Volkswagen will recommend that its shareholders agree to a settlement of around 10 million euros from former boss Martin Winterkorn, according to people familiar with the matter. Winterkorn was the head of the group before the diesel emissions scandal in 2015, in which 11 million vehicles were found to have software that tricked emissions tests.

Japan plans to launch vaccine passport this summer Japan intends to emit Covid-19 vaccination certificates this summer to vaccinated residents traveling abroad, hoping to boost business travel and other economic activities. (Nikkei)

Democratic senator says he will vote against Biden’s voting rights bill Conservative Democratic Senator Joe Manchin, who holds a decisive vote in the US Senate, on Sunday promised to block a bill revising US electoral law, presenting a major setback to Joe Biden’s efforts to reform voting rights.

The coming days

China Trade and Foreign Exchange Data Figures for May will be released on Monday. At the end of last month, the Chinese central bank asked financial institutions to keep more foreign currency in reserve after the yuan reached a record high three-year high against the dollar. (Reuters)

Johnson and Biden reunited out of geopolitical necessity Joe Biden’s first overseas trip as US President this week for the G7 summit will include three days at a boutique hotel in Cornwall with Boris Johnson, the UK Prime Minister he described as memorable way in 2019 as “a physical and emotional clone” of Donald Trump.

Thailand launches vaccine deployment Thailand will launch its Covid-19 vaccination program today, focusing primarily on the Oxford / AstraZeneca vaccine produced by Siam Bioscience, a company owned by King Maha Vajiralongkorn that has never produced a vaccine before. Infections are on the rise in the country, with 2,000 to 4,000 new cases reported per day – the highest since the start of the pandemic.

Apple’s WWDC Launch Apple is hosting its annual Global Developer Conference, which will be fully digital for the second year in a row. (Chez Barron)

What else do we read

A new capital in the Egyptian desert: Egyptian President Abdel Fattah al-Sisi announced that the inauguration of a “new administrative capital” covering a strip of desert equal to the size of Singapore, would represent the “birth of a new state”. With private developments alongside military projects, the goal is to have 6.5 million people living in the city. Critics see it as a vain project, writes Andrew England, and say the expanding role of the military in the state and economy is crowding out the private sector and driving foreign investors away.

The reach of the army in all sectors of the Egyptian economy

Interview: Gaming Pioneer Shakes SoftBank Board of Directors Masayoshi Son turned to a friend of four decades, Keiko Erikawa, to become the new female board member of the Japanese tech group. Erikawa is known for a different management style than the billionaire’s high-risk approach to tech, writes Kana Inagaki: The $ 7.5 billion video game company she co-founded with her husband has never laid off an employee or made a loss in 43 years.

Politicians should set new ground rules for digital markets Tech companies have too much economic power over workers and consumers, writes Rana Foroohar. We need to rebalance the market system itself, so that actors on both sides of a given transaction have equal access to information, a shared understanding of what is bought and sold, and a common set of rules.

Rana Foroohar: “Every time there has been a new transformative technology, from railways to telephony, we have seen an increase in the concentration of economic power.

Rana Foroohar: “Every time there has been a new transformative technology, from railways to telephony, we have seen an increase in the concentration of economic power. © Matt Kenyon

Do you speak wine? In recent decades, as interest in wine has grown, the descriptions – the so-called tasting notes – have become more and more extravagant. Professional tasters type in words like “dried strawberries, iodine, oyster shell, damp earth, fresh mushrooms, flowers, ripe black peaches and nectarines.” But the change in the language we use to talk about wine is coming, writes Jancis Robinson.

Back to work woes Pollsters consistently find that only a minority of employees who can work remotely want to return to the office full time. This means an almighty showdown is looming between bosses who want everyone back to headquarters and their workers, writes Pilita Clark. She implores, “Don’t make me go back to hard pants five days a week. “

Caricature of the day

Japan to extend Covid-19 state of emergency as Olympics loom

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Crypto Week at a Glance: Consolidation Continues with Looming Breakout https://aisa-net.com/crypto-week-at-a-glance-consolidation-continues-with-looming-breakout/ https://aisa-net.com/crypto-week-at-a-glance-consolidation-continues-with-looming-breakout/#respond Sun, 06 Jun 2021 05:30:00 +0000 https://aisa-net.com/crypto-week-at-a-glance-consolidation-continues-with-looming-breakout/

The past week has been a period of consolidation as the market attempts to break out of current levels to regain bullish trends. We had the Miami Bitcoin 2021 conference, yet another tweet from Musk that got the market moving, and the continued and unsurprisingly march of crypto and blockchain adoption is taking shape globally with positive news feeding each other.

On the CBDC (Central Bank Digital Currency) front, the Bank of Thailand has started to prototype a digital currency format with a three-year horizon to implement. More such experiments are likely and will drive adoption of the cryptocurrency market in the future.

WisdomTree, a New York-based exchange-traded fund (ETF), has filed an Ethereum-based ETF with the SEC. The fund has already applied for a Bitcoin-based ETF. ETFs, once approved, will provide access to millions of people to indirectly invest in cryptocurrencies, although there is a risk of capital withdrawal from the cryptocurrency market in the short term.

In terms of market movements in particular, the month of May was marked by high volatility after a few highs in April. Bitcoin hit a low of $ 30.7,000 on May 19, a drop of more than 50% from its record price in April. He retested similar levels less than a week later and built a symmetrical triangular pattern in the relatively narrow band between $ 34,000 and $ 38,000. Now, symmetrical triangular patterns can pop to one side or the other – up or down, depending on market sentiment.

On June 3, however, Bitcoin came out of the squeeze and appeared to be heading towards $ 40,000, but a “breaking” tweet from Elon Musk came in to around $ 37,000. However, he recovered quickly over the course of the day, perhaps showing a sign that the market may be gradually isolated from Musk’s influence. Over-the-counter (OTC) counters have also seen substantial cash outflows over the past two weeks, signifying a drop in demand from institutional investors. Bitcoin’s market cap is currently hovering around $ 700 billion.

Over the long term, Bitcoin continues to have bullish projections from several financial institutions for June and beyond, although some are predicting another correction towards $ 30,000 or even beyond once a “rally.” relief ”has been played out. Overall market sentiment regarding Bitcoin is still positive, and we expect that once Bitcoin crosses the $ 42,000 level, other altcoins will potentially rise at a higher rate during the month during this rally of relief. .

Key levels of assistance: $ 38,000, $ 36,700, $ 36,000, $ 34,760, $ 34,000.

Key resistance levels: $ 38,900, $ 40,000, $ 40,760, $ 41,475, $ 42,055.

Ethereum (ETH), the second largest cryptocurrency by market cap, has shown a similar trend to Bitcoin. Over the past week, Ethereum has been up 4% and is now falling to $ 3,000. On June 3, ETH hit a weekly high of $ 2,890. In the near future, Ethereum is expected to break above the $ 3,000 mark and hold on to it to maintain an uptrend.

Like Bitcoin, Ethereum has also caught the attention of major industries and traditional investors, with Goldman Sachs even giving it a “big chance” to overtake Bitcoin as a store of value. Ethereum is one of the major blockchains that support DeFi (decentralized finance) applications today. The impending Ethereum blockchain upgrade in Q4 2021 is expected to increase its prices as the coin supply is expected to decrease with additional functionality.

ethereum

Overall, we expect a rally for BTC and ETH after Monday, given the general trend in the markets to red this weekend. Among the key altcoins, Cardano (ADA), Dogecoin (DOGE) and Polygon (MATIC) are likely to gain when BTC breaks out. DOGE benefited from its listing on Coinbase Pro this week as well as a potential collaboration with ETH for scalability (as suggested by Ethereum founder Vitalik Buterin).

Top winners of the week (as of June 6, 2021 at 9.45 a.m. Source: CoinMarketCap):

⦁ Theta Fuel (TFUEL), 59.46%

1 inch (1 INCH), 58.75%

⦁ DAO Token (CRV) curve, 50.04%

Solana (SOL), 47.92%

Theta (THETA), 42.93%

Top Losers of the Week (as of June 6, 2021 at 9.45 a.m. Source: CoinMarketCap):

Horizen (ZEN), 11.94%

Currency (NMR), 9.89

⦁ Polygon (MATIC), 9.49%

Revain (REV), 7.58%

Helium (HNT), 5.88%


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Hello Thailand | Man behind sandbox, vaccine rollout, thousands of restaurants suffer https://aisa-net.com/hello-thailand-man-behind-sandbox-vaccine-rollout-thousands-of-restaurants-suffer/ https://aisa-net.com/hello-thailand-man-behind-sandbox-vaccine-rollout-thousands-of-restaurants-suffer/#respond Fri, 04 Jun 2021 22:41:39 +0000 https://aisa-net.com/hello-thailand-man-behind-sandbox-vaccine-rollout-thousands-of-restaurants-suffer/

It’s official, in a way. After months of debating whether this will really happen, the Center for Economic Situation Administration has officially approved the Phuket Sandbox plan, an important step forward. The announcement, made at the end of the afternoon, appears to answer the often-asked question of whether the sandbox plan would occur one day after the much more intense and deadly third wave of Covid-19 that swept through Thailand. .

Following this huge step forward, the Center for Covid-19 Situation Administration is expected to formally approve the Phuket Sandbox proposal on Monday, followed by the Thai cabinet on Tuesday, and then published in the Royal Gazette – the announcement format that makes it all. official in Thailand.

Then, the island will open the Phuket International Airport to foreign travelers, as proposed by the Tourism Authority of Thailand.

A few key questions appear to be clarified in the announcement. This approval appears to indicate that transit through Bangkok Suvarnabhumi Airport (BKK) WILL be allowed on the way to Phuket. This opens up more options for flights to Thailand. In addition, travelers arriving in Phuket will need to stay at least 2 weeks before traveling to other parts of Thailand, doubling the 7 days originally planned.

Tourists will not be allowed to go on excursions like day trips to Koh Phi Phi or Phang Nga Bay. In fact, the only option to leave the island within these 14 days is to leave the Phuket airport.

The official rules for the reopening of Phuket Sandbox state that international travelers must be vaccinated for at least 2 weeks before entering Thailand. But the vaccination also can not be more than a year old. Passengers must be from a low to medium risk country. If all of these conditions are met, travelers will be allowed to enter Phuket without any quarantine or self-isolation.

During your 14 days, you can travel anywhere on the island of Phuket, the largest island in Thailand (about the same size as Singapore).

A big question mark throughout the evolution of the Phuket Sandbox program is how children will be treated. The CESA has now established guidelines, stating that children under the age of 6 and traveling with parents who have already been vaccinated will be allowed unrestricted entry. For people aged 6 to 18, a rapid Covid-19 antigen test will be administered upon arrival at Phuket International Airport.


Another point of debate was exactly what vaccines would be accepted to enter Thailand. This CESA announcement concluded that the vaccine brand must either be approved by the Thai FDA (currently Sinovac, AstraZeneca, Johnson & Johnson, Moderna and Sinopharm) or certified by the World Health Organization.

As the initiative aims to bring back tourism, even expats or Thais residing in Phuket will need to book a hotel that meets Covid-19 safety standards before traveling to other parts of Thailand. Unlike ASQ, which remains an option for unvaccinated travelers, you only need to book a hotel, but you can stay at other SHA registered hotels during your stay on the island.

The CESA meeting also included an approved proposal to attract high net worth investors, retirees and travelers, highly skilled professionals and digital nomads. Deputy Prime Minister and Energy Minister Supattanapong Panmechao has been tasked with discussing the details of this program with all agencies involved and submitting findings in the future.

Phuket has passed the first major hurdle to approval and with the momentum it looks like the floodgates for tourism will reopen, for better or for worse. Time will tell if it opens a flow of economy-boosting tourists to the sandbox, or opens a fourth wave of Covid-19 Pandora (sand) box.

PixaBay

SOURCE: National Bureau of Information of Thailand | FRB

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