53 By The Sea, a Hawaiian restaurant run by TAKAMI BRIDAL (Headquarters: Shimogyo-ku, Kyoto, Representative Director Shigemitsu Takami), a comprehensive bridal company that produces high-quality weddings such as domestic and overseas weddings and wedding dresses. (Fifty Three by the Sea) won the first prize in the seafood category of the dining category of 111-HAWAII AWARD 2020 for the second consecutive year. At the same time, it won the second place in the bar / lounge / club category, and won a…
Member Updates
Top Glove Corp Bhd announced its annual rubber glove production capacity had reached 90 billion pieces as at October 2020 as the Covid-19 pandemic led to robust demand for its products to curb the spread of the outbreak. Top Glove said in its latest update on its website that its current glove production capacity involves 750 equivalent single former lines across 36 glove factories. Executive Chairman Tan Sri Lim shared with PBEC that a RM10 billion capex allocation for FY21…
Shares in Pelangi Publishing Group Bhd rose to its highest in seven months following a privatisation offer from its controlling shareholders. The textbook publisher rose 19.23%, or five sen to 31 sen, highest in seven months. The controlling shareholder, Datuk Sum Kown Cheek, who is also the company’s executive chairman and managing director, has written to Pelangi’s board of directors to notify his intention to take the company private via capital repayment of 36.5 sen per share. https://www.thestar.com.my/business/business-news/2020/10/05/quick-take-pelangi-shoot-up-19-on-privatisation-offer
Raffles Family Office, a Hong Kong-based wealth management firm, has signed a three-year partnership with Juventus, the famed Italian football club. The agreement means the family office will be the Juventus’ regional partner in Asia across five markets, including China, Hong Kong and Singapore. https://www.internationalinvestment.net/news/4020206/raffles-family-office-partners-italian-football-club
The Henley Passport Index is the original and most authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The index includes 199 passports and 227 travel destinations, giving users the most extensive and reliable information about their global access and mobility. With historical data spanning 15 years and regularly updated expert analysis on the latest shifts in passport power, the index is an invaluable resource for global citizens…
Please describe how and when you are conducting your return to your offices and other physical locations. As of mid-June we have been able to return to normal operating hours at all of our branches on O‘ahu, Maui and the Island of Hawai‘i, with recommended safety protocols in place. This includes protective face masks, social distancing markers and plastic barriers at teller stations, as well as enhanced sanitizing measures. Some of our staff are able to temporarily work from home,…
Global supply chain disruption is both a cause and effect of the major global market slowdown in the wake of the COVID-19 pandemic. This disruption has amplified existing supply chain digitalization and diversification issues for Asia Pacific companies and global companies with current or intended supply chain operations in the region. As businesses and economies reopen and demand increases, attention is now shifting toward seeking recovery of global supply chains in Asia Pacific. Currently, demand remains below 2019 levels —…
Sourcing Shift hits China Export Market Share China’s global market share for consumer goods was down 4 percentage points in 2019 US-China trade relations have accelerated a shift in global sourcing, with the East Asian country having lost global export market share as a result, exacerbated by digitalisation and the Covid-19 pandemic. Between 2018 to 2019, China’s global market share for consumer goods and retail was down 4 percentage points to 42%, according to a study by law firm Baker…
Comparing revenues from the previous year, Architectural Record lines up annually a list of the Top 300 U.S. Firms. Based on the 2019 data, Gensler tops again the selection, for the ninth year in a row, and Perkins and Will takes the second position. Third, fourth and fifth places were presented for Engineering Architecture firms HDR, Jacobs, and AECOM. Other companies in the top 10 include HKS and Skidmore, Owings & Merrill. The ranking, based on 2019 figures, before the pandemic global crisis, puts together Architects, Architects Engineer, Architects…
Sands China, Las Vegas Sands’ Macau-based integrated resorts subsidiary, saw revenue plummet 81.0% year-on-year in the six months to 30 June, with visitor numbers plummeting due to travel restrictions to the Chinese special autonomous region. However, the operator said it remained committed to Macau, and predicted that the island’s tourism industry would eventually recover from the effects of novel coronavirus (Covid-19). Revenue for the half year fell to $848m (£646.2m/€716.6m), compared to $4.47bn in H1 2019. The business’ five properties…