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Lots of good business news amid uncertainty
By COLLIN GALLANT on October 30, 2020. From left, Action Land and Enivrontmental president Jason Tweete, vice president Brian Bohnet, chamber of commerce incoming president Marcus Campbell and Action new business developer Janice Redmond clip the ribbon at the company’s grand re-opening in Dunmore on Thursday afternoon.–News Photo Collin Gallant cgallant@medicinehatnews.com@CollinGallant Cutting a ceremonial ribbon is one of the cheesiest sights you’ll see, but for the business owner holding the giant scissors, it’s one of the proudest, and perhaps most worrisome, moments in life. Add to that great heaves in business and consumer confidence caused by the coronavirus pandemic.
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Digital Marketing and Cybersecurity: A Very Practical Checklist
Those of us who work in digital marketing deal a lot with confidential information, and we need to do what we can to protect it from the bad guys. But there are other more recent threats that are increasing the importance of cybersecurity. Many recent cybersecurity examples often involve ransomware—where a hacker gets inside of a corporate network and “dwells” there for months, figuring out where the important information resides, and learning how to shut down the company’s network. At some point, the hacker encrypts every computer connected to the network, shutting down any access or use, and holds the
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Business Management Requires Fair and Clear Conduct, Not Corruption| National Catholic Register
Pope Francis urged financial leaders to be aware of the role that they will play in the rebuilding of the economy in the wake of the coronavirus pandemic. VATICAN CITY — Pope Francis told a group of investment bankers Monday that fair conduct and transparency are essential in the field of finance. “Christian thought is not contrary in principle to the prospect of profit, rather it is contrary to profit at any cost, to profit which forgets man, makes him a slave, reduces him to one thing among things, a variable of a process that he cannot in any way
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PM Modi assures revival on track; analysts suggest these sectors for wealth creation
© Shweta Mungre PM Modi assures revival on track; analysts suggest these sectors for wealth creation The COVID-19 shock may not be over but the good news is that economy is no longer in ICU – that’s the message which came from the Prime Minister in his latest interview. Analysts advise investors to stick with sectors that support the economy, as well as consumption, financial, chemicals, rural, automobile, and IT (Information Technology). Prime Minister Narendra Modi in his latest interview with a business daily assured that economic revival is on track, and identified 5 indicators to support the thesis. Five
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NUS Business School launches new Master of Science in Accounting programme
The new programme will focus on both theory and practice, combining practicums and industry networking sessions. Graduates will be poised to take on jobs in accounting firms, investment banks, credit rating firms and corporate firms focusing on management accounting. Associate Professor Edmund Keung, Academic Director for the MSc in Accounting programme, said, “We emphasise the interaction and integration among finance, financial reporting, and analytics. We are coaching our students for professions at the intersection of accounting and analytics, allowing them to understand the use of financial information in different financial institutions.” Applications are now open for the programme that
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Changes to the government’s SME lending scheme open the door to fintechs… but not all the way
Tradeplus24 chief risk office Kelvin Rossely and managing director Adam Lane. Source: supplied. As of today, changes to the government’s COVID-19 SME lending guarantee are coming into effect. And, while the second phase is intended to encourage more take-up from small business owners, it could also open the door for more fintech and alternative lenders to get involved. First announced back in March, the scheme offered up $40 billion in new, short-term, unsecured loans, with a government guarantee of 50{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}. For lenders providing credit to existing SME customers, the government also issued a temporary exemption from responsible lending obligations, meaning
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Make stimulus loans collateral-free for small businesses
The central bank should make lending to pandemic-hit cottage, micro, small and medium enterprises (CMSMEs) from the stimulus package collateral-free to accelerate disbursement of the fund as many of them are struggling to stay afloat because of a shortage of finances, speakers said yesterday. Bangladesh Bank should have asked banks not to demand any collateral when it announced the Tk 20,000-crore stimulus package so that a significant number of the cash-strapped CMSMEs could avail the soft loan, they said. “The central bank should have taken care a lot earlier to help CMSMEs overcome the Covid-19 fallout,” said Syed Nasim Manzur,
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Best Financial Management Tips to follow during Covid-19
The Covid-19 pandemic has not only affected the millions of lives but also the world’s economies have been disrupted. Many economies of the world have gone to recession as lockdown has been imposed by the countries to stop the spreading of Covid-19. Due to this reason, the unemployment rate has been increased and people are getting pay cut. Because of this prevailing situation, it is extremely important for us to manage our finances effectively. At this time, one should not only take precautions for his health but also his wealth. Here are some financial management tips that will help
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