Monday, 24 February 2020

Malaysia: Worst plastic polluters in Asia



In a report published by the World Wide Fund for Nature (WWF) Malaysians top the list of plastic polluters in Asia. The survey covers countries such as China, Indonesia, Thailand, Malaysia, the Philippines, and Vietnam - around 60 percent of plastic debris entering the world’s oceans comes from these countries.


Interestingly, the GDP per capita in Malaysia is also the highest among the five other countries. The WWF has linked this connection by pointing out that the increase in the use of plastic is mainly due to the rapid economic growth of the country. During recent years, Malaysia has also returned almost 4,000 tons of unrecyclable plastic to the countries that had shipped it to them. Other countries such as the Philippines and Indonesia have also complained about the growing trade in unrecyclable trash. While Asia has seen incredible growth in terms of economy, and technology, it hasn’t been able to keep pace with the recycling of plastic waste. In the EU region, around 40 percent of plastic packaging waste is recycled. According to WWF, 93 percent of waste is dumped in the environment in low-income countries, while only 4 percent of waste is dumped in industrialized countries.


Malaysians are the biggest per capita users of plastic packaging, with the average Malaysian consuming 16.78kg of plastic packaging each year.


Affordability of Dream Houses



India’s real estate market has been under a ‘time correction’ since a decade. Time correction is a fancier way of saying that the prices are stagnant. After some time, this stagnation is expected to end and the real estate prices will head upwards again. There are several reasons behind the stagnation.


The major one is that prices rose way too fast and too far on the strength of investors who had more money than sense. These investors kept selling apartments to each other at higher and higher prices until finally the prices got too high for the real buyers – those who actually want to live in those houses. This stagnation is a phase when the buying capacity of the real users in catching up to these prices.


Another factor has been the tremendous distrust that buyers have for real estate developers for known reasons. As time goes on, a greater portion of potential buyers will turn into actual buyers. Real estate is unique unlike other investments in that one house is a necessity for every family and it’s only from the second house that the buyer becomes an investor with the risks and baggage it attracts. 


The problem is that buying a dream house is very different from buying a dream vacation or car.  Housing is different because of the scale of the expense behind it. The financial hole due to the dream house can cause financial damage and might take years to repair during which, the family will face many hardships.


Qatar to build 16 floating hotels for the FIFA World cup 2022




Qatar is excited to host the FIFA World cup 2022. Qatar, the country which is known for its grandeur and innovation is building 16 floating hotels. The hotels will be built in Qetaifan Island North, which is located close to Lusail International Stadium, which will host the opening as well as the final game of the FIFA World cup. It is reported that ADMARES and Sigge Architects are developing the floating hotels to serve tourists and fans that will be visiting Qatar.

Expecting a huge crowd of people, “the Qetaifan Island North, the city’s main waterfront destination is planning to provide all the needs of the masses and tourists; with projects, facilities, and entertainment activities in addition to the fan villages during the tournament, which will include the floating hotels,” states the officials.
Creating a first-ever pure floating real estate on water, ADMARES will be building innovative structures with a temporary solution for accommodation needs at this scale. The company has teamed up with the Finnish architect firm Sigge Architects to design modern floating hotels, which is unique with each building covering 72-meter-long and 16-meter-wide. Each hotel will consist of 101 guest rooms, a restaurant, a lounge, and a bar each. All of the 16 four-story hotels will offer a total of 1616 floating hotel rooms.


Friday, 21 February 2020

30 Best Companies to Watch in Asia 2020





Be the change you wish you see in the world! How easy is it to start and company and become the owner of it? It sounds great and easy, but you need the same spirit and energy forever to make your business survive, but unfortunately a large portion of them don’t survive through the first year. This can be blamed on some factors such as not recognizing your demographics,dead investments, not hiring the right talent, and heavy losses.However, there is a way to make all your future businesses future-proof, and we will discuss about it in this current edition. To survive, you need to foreground what is already out there, but you also need to outsmart your competitors and other business owners. Smart thinking gives you a competitive edge that beats large pools of investors and limitless capital. And smart thinking is not just about tapping new customer bases, tapping into new customer bases is a good business move for many entrepreneurs for obvious reasons, but it also comes at a great cost financially. In addition, it is also a very risky endeavor, and the wrong execution could drain out your funds and kill your business in the long run.Ask the experts, The Silicon Review30 Best Companies to Watch in Asia 2020.” The companies enlisted are known for their customer centric approach, customer retention rate, openness to innovation, skilled people, financial soundness, global competitiveness, and moreover, the ability to forecast market trends.
Success recognized to the fullest!
Read More:
https://thesiliconreview.net/2020/cover/30-best-companies-to-watch-in-asia-2020

NFL owners unanimously voted for the implementation of CBA



Recently a surprisingly unanimous decision was taken by 32 team owners of NFL. They all accepted the negotiated terms based on the principles of the collective bargaining agreement. Particulars about the agreement were not revealed by the owners as well as Roger Goodell, Commissioner of NFL. After the meeting, team officials left the venue with no comments being made about the proposed CBA. The representatives of the players and the union executive committee will have a conference shortly and the NFL Players Association refrained from commenting on the latest NFL announcement. The owners are working relentlessly to replace the 10-year labor agreement that is due to expire in March 2021.

The new elements of the CBA are expected to be implemented in the upcoming season and the question of whether the players must vote in favor of it remains unanswered. NFL stated that the players can vote against the proposal or they can seek negotiations, but the current agreement will remain until 2020. A deadline was put by the league statement and within a week the players and clubs must have all systems in place for acceptance. Revenue for the players is expected to be more than the current rate, but it will remain 50 percent.

Indian skipper Virat Kohli’s search for century continues



In the ongoing test match between India and New Zealand, Indian Skipper Virat Kohli was cheaply dismissed for just 2 runs. On Friday in Wellington, debutant Kyle Jamieson extended the rare slump in Kohli’s stellar career.  In the 8 innings that he played in the New Zealand series, Virat managed to score just a single fifty. Since Bangladesh tour of India in November 2019, the skipper has not been able to achieve the three figure mark. This is one of the worst slumps for the captain since his 2014 tour of England. Judging a batsman based on the frequency of his century might seem unfair, but a player of Kohli’s caliber can be judged only by his stint with the bat. In his 11 year old international career, Kohli has had only two such slump in form.

The first bad phase for the skipper was from September 2011 when he did not reach the three figure mark in almost 24 innings. In 2014, just three years after the first slump he did not score a century for 254 innings. The current drought of 100 is 3rd worst in the captain’s career and his dismissal in the current test was very much similar to his dismissals of the 2014 England tour.

Bali’s youth is saving the paradise from plastic plague




Bali, one of the best and most preferred beach-holiday destination, is witnessing an overload of plastic, not just on the sands of its beaches, but also in the oceans. A tropical paradise destination, Bali, has been witnessing a record-breaking number of tourists flying into the island every year. The long beaches, palm trees, and its party lifestyle have not just attracted tourists, but also a lot of trash particularly plastic, which lines up the beaches even more than the palm trees do.


More than half of the trash generated ends up in the sea, waterways or on the land due to the lack of sufficient waste disposal plants and collection systems in Bali. Daily beach cleanups are organized by many different groups and other organizations, helping clean the plastic, at least temporarily. The next day, a new wave brings in a new load of plastic from the oceans to its beaches. The fact that tourists generate about 3 times more waste than locals, doesn’t deter the country from welcoming tourists, as a considerable part of its economy is driven by the tourism industry. Bali has started the construction of recycling facilities. Special lessons in environmental science are now being conducted for school children. Proper waste management systems are also being introduced along with the plastic ban.