BUSINESS

In 2024, entrepreneurs in the Kyiv region received microgrants worth more than UAH 178 million. This will create more than 1,600 new jobs. In particular, in the processing industry, catering, education, etc.
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2 years ago Read more at Ukrinform

Chinese consumers have been buying special local products for the Chinese New Year. The local cuisines of Henan, Shandong, Guangdong and Jiangsu provinces have also been popular, according to Alibaba's e-commerce platform Taobao.
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2 years ago Read more at China Daily

TKO Group Holdings, the new combined corporate home for the two combative giants, is off to a strong start. TKO cleaned up in its first full quarter since its September formation. UFC increased live event revenue by $42.6m in 2023.
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2 years ago Read more at The Hustle

Crowdfunding – a funding model that leverages online platforms to raise capital from a large pool of individuals – is currently valued at around $1.41 billion globally. As of May 2023, Kickstarter, a leading crowdfunding platform, had launched more than 592,000 projects (Statista, 2023) The emergence and growth of crowdfunding offers the potential to transform the structure and mechanisms by which small and medium-sized enterprises (SMEs) can raise capital. This is particularly valuable since the credit crunch that followed the
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2 years ago Read more at Economics Observatory

Financial advisers fared far better with only 16 claims, down 45%. Fidrec defines market conduct issues as any kind of misconduct. The centre helps consumers resolve their disputes with licensed financial institutions.
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2 years ago Read more at The Star Online

In January-February 2024, the gambling business in Ukraine paid 370% more taxes to the budget than in the same period last year. In 2023 the gambling industry paid UAH 10.4 billion in taxes, which is 14 times more than in 2022.
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2 years ago Read more at Ukrinform

Genting Bhd and its subsidiary Genting Malaysia Bhd are making a decent comeback. In the fourth quarter 2023 (4Q23), visitor arrivals grew to 5.8 million or circa 95% of 4Q19 levels which is a post-Covid high. As for Resorts World Singapore (RWS), the high margin 4Q23 mass market gross gaming revenue (GGR) hit 110% of FY19 levels.
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2 years ago Read more at The Star Online

In healthcare, the use of predictive analytics and personalized treatment recommendations promises to improve patient care significantly. Retail businesses can look forward to personalized recommendations, dynamic pricing, and optimized inventory management. The education sector will experience a transformation in learning experiences through adaptive learning platforms and automated support services.
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2 years ago Read more at BNN Breaking

Pensonic Holdings Bhd group executive chairman Datuk Seri Chew Weng Khak said the incorporation of digitalisation, automation and competitive products will be inevitable for profitable growth. “Being functional alone is not enough, consumers want innovative, environmentally friendly, affordable and attractive products that look great in their living space,” Chew said.
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2 years ago Read more at The Star Online

Small business start-ups are booming with record-breaking new business applications reported in 2023. Small business insurance specialists share the overall optimism for the sector, although they are having to work harder and smarter to serve the sector. In terms of policy counts, small business is still big business.
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2 years ago Read more at Insurance Journal