In the last decade .their investments in Vietnam swelled by an average of 13 percent a year. By the end of last year their total investment was only around $13 billion, not enough to put Thailand in the top five list, but still managed to have large market shares in several sectors by concentrating their investment in a handful of sectors. In the retail sector, some leading supermarket chains are controlled by two Thai companies, Central Group and TCC Group. Central Group, Thailand’s leading retailer, which belongs to the Chirathivat family, started off in Vietnam as a fashion merchandiser in 2012, distributing products from brands such as SuperSports, Crocs and New Balance. In 2015, it acquired a 49 percent stake in electronics retailer Nguyen Kim through its subsidiary Power Buy. In the same year, it bought out supermarket chain Lan Chi, which operates mainly in northern rural areas. In 2016, it bought supermarket chain Big C Vietnam from France's Casino Group for over $1 … [Read more...] about Which sectors in Vietnam are dominated by Thai companies?
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Best cheap candles with luxurious scents: Marks & Spencer, The White Company and more
Last modified on Feb 05, 2021 13:58 GMT Fiona Ward Scented candles don't have to be ultra expensive! Shop our round up of the best affordable candles on the market, with the most gorgeous scents Who doesn't love a gorgeous scented candle ? Particularly when we are spending so much time in our homes. They make a lovely gift for a friend or family member in isolation, too - and if you don't want to stretch the budget, there are plenty of brilliant affordable options with beautiful, unique scents. MORE: You can now buy a Kate Middleton-scented candle – and you know it'll smell divine Whether your fragrance of choice is floral, fruity or nostalgic, we've rounded up our favourite options under £20… Best luxury-for-less scented candle You can't go wrong with a Rituals scent! We love this warming orange and cedarwood fragrance. Rituals The Ritual of Sakura Scented Candle , £15.90, Feel Unique SHOP NOW … [Read more...] about Best cheap candles with luxurious scents: Marks & Spencer, The White Company and more
FASTag users alert! Wrongly deducted toll charges? This company will help in reversing extra charges
New Delhi: Paytm Payments Bank on Tuesday said it has won 82 per cent of dispute cases on behalf of FASTag users with toll plazas in 2020 and facilitated refund of wrongly deducted toll charges to 2.6 lakh customers. The payments bank said it has set up an automated dispute management process which identifies incorrect deductions and immediately raises claims to reverse the extra charges. Paytm Payments Bank MD and CEO Satish Gupta said in a statement, "It has been our endeavour to empower our users with seamless and hassle-free travel on road. In this quest, we support our users in every possible way, including fast redressal of any grievance they face with toll plazas ." The company continuously strives to ensure that customers are always charged the correct toll amount, he added. Live TV #mute Paytm Payments Bank claims to be the top issuer and the largest acquiring bank under the National Electronic Toll Collection programme. Zee News App: … [Read more...] about FASTag users alert! Wrongly deducted toll charges? This company will help in reversing extra charges
Tesla boss Elon Musk is no longer world’s richest person as share prices in car company drop
Tesla boss Elon Musk is no longer the world's richest person after shares in the electric car company fell by 8.6% this week, leaving him $15.2bn (£10.7bn) worse off. The 49-year-old business magnate has now fallen to second place on the Bloomberg Billionaires Index of the world's 500 richest people with a net worth of $183.4bn (£129bn) - a significant drop from a peak of $210bn (£148bn) in January. Amazon founder Jeff Bezos reclaimed the top spot, despite his own fortune dipping by $3.7bn (£2.6bn) to $186.3bn (£131bn) on Monday. The two have been head-to-head since the beginning of the year, with Musk briefly overtaking Bezos after his rocket company SpaceX raised $850m (£599m) earlier this month, with the company being valued at $74bn (£52bn). The drop in Tesla's share price on Monday was partly fuelled by Musk's comments over the weekend that the prices of Bitcoin and rival Ether "do seem high". Advertisement On Tuesday, Tesla's shares were down … [Read more...] about Tesla boss Elon Musk is no longer world’s richest person as share prices in car company drop
Manufacturing companies top the list of biggest receivers of direct pandemic aid
Font size: A - | A + 0 All four carmakers, steelmakers and the ceasing brown-coal mine were among the 20 biggest receivers of state aid to help businesses maintain employment in 2020. In total, Slovakia paid some €4.6 billion or 5.1 percent of GDP for measures to combat the virus and impacts of the pandemic, estimates the Institute for Financial Policy (IFP) that runs under the Finance Ministry. Related article Most entrepreneurs encounter problems with state pandemic aid, survey shows Read more Refunding wage costs is one of the ways the Slovak government helps businesses stay afloat during the pandemic. Other types of business support include direct aid to firms and individuals, tax payment deferrals, banking guarantees and other measures. “Not all of them will have an impact on the state budget,” wrote the IFP. For example, deferral of taxes and loan instalments only delay the arrival of this money to the … [Read more...] about Manufacturing companies top the list of biggest receivers of direct pandemic aid
China Punishes Companies for Identifying Taiwan, Hong Kong, Tibet as Countries
The Marriott International hotel chain and Australia’s Qantas Airways have changed their websites under pressure from the Chinese government to remove references to Taiwan, Hong Kong, Tibet, and Macau as separate “countries,” rather than regions of China. Beijing played hardball with Marriott after the hotel company created an online customer survey that asked customers which country they lived in. The choices included Tibet, Taiwan, Macau, and Hong Kong, all of which China fiercely insists are its territories, although Taiwan is governed independently and Hong Kong is semi-autonomous. The Chinese Cyberspace Administration declared Marriott’s survey “seriously violated national laws and hurt the feelings of the Chinese people,” and ordered the Marriott website and mobile phone app shut down for a week, including online booking services for the hundred-plus Marriott hotels in China. Marriott International Group executives were even questioned by the police for potential … [Read more...] about China Punishes Companies for Identifying Taiwan, Hong Kong, Tibet as Countries