MIAMI, FL--(Marketwired - Aug 18, 2014) - The Miami New Construction Show, a new luxury real estate event taking place at the end of the month, has announced the addition of new sponsors FirstService Residential, the Greater Miami Chamber of Commerce, Miami Beach Chamber of Commerce, Global Trade Chamber and...
Samsung is willing to partner with local part suppliers but there are in fact few qualified businesses, the general director of the electronics titan’s Vietnam complex has said. Samsung is locating its most important production base in Vietnam, Shim Won Hwan, general director of the Samsung Vietnam complex based in the northern province of Bac Ninh, told Tuoi Tre (Youth) newspaper in an interview published Thursday. Shim said it will both benefit Samsung and Vietnam if there are more part suppliers near the Bac Ninh complex, adding that the South Korean electronics firm will prioritize placing orders at local businesses if they are able to meet three standards. These standards include product quality, delivery time, and price, he elaborated. The South Korean general director talked to Tuoi Tre amid concerns from local support industries that Vietnamese part suppliers could hardly join the production chain of Samsung. The Bac Ninh complex accounted for 30 percent of Samsung smartphones and up to 80 percent of its tablets sold worldwide last year, according to the general director. The world’s leading smartphone maker is slated to put its second Vietnam complex, located in the northern province of Thai Nguyen, into operation this year, which Shim said will increase the number of Samsung products made in Vietnam and distributed globally. While local experts are worried that the localization rate – the amount of materials and parts that can be sourced locally – at the Samsung facility remains too low, Shim said the rate is now around 39 percent. But he admitted that this figure mostly represents the foreign direct investment (FDI) suppliers, while there are indeed very few 100 percent Vietnamese businesses supplying parts to Samsung.
Vietnam is drawing closer to allowing its citizens to gamble in the nation’s casinos as the government tries to boost revenue and compete for regional gaming investment. The finance ministry plans to submit the final draft of a new casino decree to Prime Minister Nguyen Tan Dung as soon as October, Ngo Van Tuan, head of the department for banking and finance at the ministry, said by telephone in Hanoi yesterday. Approval is likely before the end of the year, he said. The decree is modeled on Singapore’s gaming regulations and would permit Vietnamese to enter local casinos. “There are many Vietnamese who gamble at casinos in Singapore and Cambodia, and it’s obvious that we’ve lost some state revenue here,” said Phan Thi Thu Hien, deputy head of the banking and finance department. “We’ve studied what regional countries have done and think we should do the same. These changes would help increase government income.” Vietnamese policy makers are seeking to replicate the success of Singapore and Macau in attracting gaming resorts and tourism. Vietnam’s government is grappling with the challenge of spurring an economy that risks missing this year’s growth target of 5.8 percent. The government collected about 250 billion dong ($12 million) of taxes from the five casinos operating in 2012, on gaming revenue of 900 billion dong, state radio reported on its website last week. There are six casinos in operation, with another licensed one yet to start. Only foreign passport holders are permitted to enter and gamble in the casinos. ‘Significant’ Progress The proposal is “significant progress toward the establishment of a more detailed legal framework for the gaming industry in Vietnam,” Colin Pine, general director of Ho Tram Project Co., which runs the $4 billion Ho Tram Strip casino-resort complex in southern Vietnam, said in an e-mail. “There is demand for this form of entertainment in this market.” Vietnam has a population of almost 90 million, according to World Bank data.
A former reporter who worked for both The Washington Post and The Wall Street Journal said this week that he expected to be blind in one eye after being badly beaten in a Walmart parking lot. Les Gapay, 70, told the Missoulian that he had recently left his Section 8 housing in California to move back to Montana, but he was forced to live out of his truck while he was waiting for a senior apartment to open up. When Gapay arrived in Billings on Sunday night, he said it was too late to find a campsite, so he decided to spend the night at the Mullan Road Super Walmart. After using the bathroom inside the store, two men approached him.
With so much unrest in the Middle East, it's nearly impossible for an international company to take sides. Americans have found themselves divided once again, pitted against one another regarding the Israel-Gaza conflict.
HANOI--Vietnam's consumer price index in August rose at a slower pace than in the previous month as demand remains weak. August's consumer price index rose 4.31% from a year earlier, slower than a 4.94% increase in July and 4.98% in June, government data released Sunday showed.
Indonesian police have been put on alert at the Borobudur Temple after a threat against the world’s biggest Buddhist temple and UNESCO World heritage Site was made on Facebook by Islamic State supporters.
SUNDAYGET YOUR TICKET NOWTHURSDAY - AUGUST 28, 2014VIP EVENT: THE 6TH ANNUAL STATE OF SOUTH FLORIDA CONDO MARKET Keynote Speaker: Peter ZalewskiRegistration and networking VIP Party at Palm Ballroom Miami Beach Convention Center Hall D5:30PM-6:30PMPresentation with White Paper distribution6:30PM-8:30PMQuestions and Answers8:30PM-9:00PMAfter-party at the National Hotel South Beach9:00PM-midnightFRIDAY - INDUSTRY DAY , AUGUST 29, 2014Friday (Focus on Real Estate Industry) ScheduleOpening Ceremony/Ribbon Cutting9:30AMEXPO10:00AM-6:00PMPanel Discussion:The roles of Social Media in the Real Estate11:00AM-1:00PMShow time11:30AM-11:50AMKeynote Speaker: Governor of State of Florida Richard L.Scott1:00PM-1:30PMPanel Discussion:Why is Miami's Preconstruction Condo Market So Hot?1:30PM-2:30PMPanelists: Paul George, historian and professor, Miami-Dade College Luis Revuelta, President, Revuelta Architecture International Michael Tillman, Director, LeFrak Group Peter Zalewski, Principal, CraneSpotters.com George Cuesta, Principal, Cuesta Construction Bill Heffernan, Director, Apollo Bank David Lyons (Moderator), former Executive Editor, Daily Business ReviewQuestions and Answers2:30PM-3:00PMShowtime4:45PM-5:00PMClosing6:00PMSATURDAY, AUGUST 30 2014Saturday (Focus on Investors)Opening10:00AMEXPO10:00AM-6:00PMShow time11:30AM-11:50AMKeynote speaker Joanna Schwartz - The real estate crowdfunding boom1:00PM-1:30PMPanel Discussion:Comparing and Contrasting Miami to Other Global Cities1:30PM-2:30PMPanelists: Reinaldo Borges, Principal, Borges+ Associates Jose Gelabert-Navia, Regional Director for Latin America, Perkins+Will Dominic Pickering, business development manager, Orb International Ken Thomas (Moderator), publisher, WorldCityQuestions and Answers2:30PM-3:00PMBreak-out Session #1 : How to invest in real estate through crowdfunding3:00PM-3:30PMBreak-out Session #2: Real estate project pitch, present your real estate project3:30PM-4:00PMShow time4:30PM-4:45PMClosing6:00PMSUNDAY, AUGUST 31 2014Sunday (Focus on Buyers and Prospects)Opening10:00AMEXPO10:00AM-6:00PMShow time11:30AM-11:50AMKeynote speaker1:00PM-1:30PMPanel Discussion:An Expert Synopsis of the Preconstruction Condo Buying Cycle1:30PM-2:30PMPanelists: Scott Marcus, attorney, Becker & Poliakoff Samantha DeBianchi, founder and Realtor, DeBianchi Real Estate Tui Pranich, founder, Tui Lifestyle Raul Vidal, Vice-President, Espirito Santo Bank Lakitsia Gaines, agent, State Farm Insurance and Financial Services Carlos Anaya (Moderator), journalist, FOX Latin AmericaQuestions and Answers2:30PM-3:00PMShow time4:15PM-4:30PMClosing5:00PM
HANOI, Aug 28 (Reuters) - Vietnam's benchmark VN Index rose 0.64 percent at the break on Thursday to 632.81 points, with securities firms attracting strong money inflows. Saigon Securities Incorp hit a four-month high, increasing 2.13 percent at the break, with half-day volume already surpassing the full-day level in the previous session at 3.4 million shares, Reuters data showed. Ho Chi Minh City Securities also reached its highest since April, rising 3.19 percent in solid liquidity. Nguyen Tuan, deputy manager at unlisted broker An Binh Securities, attributed the interest to potential seen in brokerage firms which had not gained at the same rate as other equities. "The sentiment was excitement, especially among investors that are holding securities stocks, which haven't gained much in the past sessions," he said. But the index's rally was mostly helped by a 1.63-percent advance of PetroVietNam Gas, the country's biggest listed firm that accounts for a fifth of total market value. "Investors are still trading in, and the index is likely to extend its rise," Tuan said. Here is a snapshot of the VN Index at midday (0431 GMT). VN Index 632.81 PREV. CLOSE 628.77 % CHANGE 0.64% HIGH 633.1 LOW 626.32 Change (%) 1-mnth 4.771 Change (%) 3-mnth 13.753 Change (%) 1-year 29.491 52-week high 632.25 27-Aug-14 52-week low 462.13 30-Aug-13 (Reporting by Mai Nguyen; Editing by Martin Petty)
In recent years, Vietnam has seen more and more consumers willing to spend their money on luxury brands, despite the fact that the country has been listed among the lower-middle-income economies by the World Bank. According to the World Bank’s report in 2013, the Southeast Asian country’s GDP and per capita income were US$171.4 billion and $1,911, respectively. Fashion seems to be the most-discussed topic in the world of luxury brands in Vietnam with a lot of global giants like Salvatore Ferragamo, Chanel, Hermes, Cartier, Christian Louboutin, and Jimmy Choo choosing to expand their stores in the country. Early this week local singer Angela Phuong Trinh caused a stir on Facebook when posting a photo showing her seeming new Chanel bag. The singer then received numerous comments criticizing her for using the bag which is believed to be a fake. Trinh then responded to netizens with a photo capturing the bill on the bag, proving her item to be an authentic product. No longer being only accessible to the world of showbiz stars and the rich, luxury brands are also attracting more and more consumers, especially young shoppers. Vietnamese shoppers have found their way to find their favorite items, and of course, discounted brand products cannot be ignored. Early this month, a crowd of people jostled each other to buy Gucci products at a Hanoi shop where there was a big sale, offering 60 percent to 70 percent discounts. The products were sold in the liquidation of thousands of Gucci and Milano goods which were seized by a market watchdog in the capital city on tax evasion charges in 2012. People gathered in front of the shop on Dinh Le Street since early morning on August 7, wanting to buy luxury items at the cheapest prices.
Unlike many tech entrepreneurs, Jason Kintzler didn't move to Silicon Valley to launch his startup, PitchEngine. A former news anchor, the Lander, Wyo., native, set out to change the way brands marketed their products. But he wanted to do it from his hometown. "I spent all my life seeing people acquire their wealth elsewhere," said Kintzler. His product -- a social platform that streamlines the way businesses create and share press releases -- has found success despite the firm's relative isolation. "Authenticity is key. People appreciate that," said Kintzler. "Everyone longs for this romantic thing -- to be able to do what you love, from the place you love." There are currently 50,000 brands using the platform, including major companies like Budweiser and WalMart (WMT). The downside? Recruitment can be difficult. "[But] occasionally, you'll find people that want to live the lifestyle -- that love skiing, mountains," said Kitzner, who currently has 12 full-time employees.
The Miami New Construction Show, South Florida’s first-ever expo for condo preconstruction buyers and investors arrives in South Beach Aug. 29-31, 2014, bringing an estimated 35,000 international visitors to the Miami Beach Convention Center for a three-day journey through the region’s latest new construction condo boom.
“Final preparations are now underway. I want to thank everyone involved – from our executive committee and panelists to our sponsors and support staff – for their dedication, professionalism and passion to make our show an unqualified success.”
The specialized real estate event will showcase more than 100 developer projects and exhibitors, feature panel presentations by industry experts and offer fun, entertaining activities for families and kids alike.
“We are extremely excited as we count down to the launch of our first event in South Florida,” said Anita Funtek, CEO of the Miami New Construction Show. “Final preparations are now underway. I want to thank everyone involved – from our executive committee and panelists to our sponsors and support staff – for their dedication, professionalism and passion to make our show an unqualified success.”
Friday’s panel discussion, Why is Miami’s Preconstruction Condo Market So Hot? will immediately follow the opening day keynote address by Gov. Rick Scott. The panel presentation for Saturday is Comparing and Contrasting Miami to Other Global Cities. An Expert Synopsis of the Preconstruction Condo Buying Cycle is the topic of Sunday’s program.
Before the world witnessed the full force of the Islamic State’s brutality in the video this past week showing American journalist James Foley’s murder, a different video revealed another kind of destruction the terrorist group is bent on inflicting. A little more than a minute long, the earlier video focuses on a large tan building with a graceful minaret rising into the day’s haze. Ten seconds in, there’s a flash and a loud bang. The minaret and the building disappear in a plume of smoke. And just like that, the supposed final resting place of the prophet Jonah — he of the very large fish — was reduced to rubble. The Islamic State has been consolidating its fanatical grip on its conquered lands. Besides the innumerable cruelties the militant group has meted out, such as the forced expulsions of Christians and other minorities, mass executions and the murder of religious leaders, it also has been destroying Iraq’s cultural heritage wherever its black banners flutter overhead. Since taking over a chunk of northern and western Iraq in June, the Islamic State has systematically blown up heritage sites in and around Mosul, such as the centuries-old shrine to Seth (the third son of Adam and Eve ), the Prophet Jirjis Mosque and the Awn al-Din Shrine. An hour’s drive west of Mosul, in the town of Tal Afar, it has demolished at least three Shiite shrines and three mosques. Iraq’s biblical and historic sites have suffered enormous damage over the past decade of war. For instance, Baghdad’s National Museum and National Archives were famously looted after the U.S. invasion, while American troops in 2003-2004 used part of ancient Babylon as a heliport and fuel reservoir. But the difference is that the Islamic State makes a deliberate effort to wreck Iraq’s cultural spaces. The group even brags about it; a recent edition of its English-language online magazine, Dabiq , features a photo essay showing many places its fighters have destroyed in and around Nineveh province. And what the organization doesn’t bulldoze, it loots; the Sunday Times recently reported that the Islamic State is ransacking archaeological sites and extracting a “tax” on smugglers moving stolen artifacts.
A woman who frequented a Coral Springs gas station is no longer welcome to go anymore because she is an Israeli. Originally from Tel Aviv, the woman who has been a resident of the city for 15 years, told the story along with her ...