Category: News

The eco-airship agreement will create 1,800 jobs in South Yorkshire

The eco-airship agreement will create 1,800 jobs in South Yorkshire

The construction of 10 new eco-friendly airships in South Yorkshire will create about 1,800 jobs.

Hybrid Air Vehicles (HAV), a small Bedford-based company, announced on Wednesday that it had signed an agreement with a Spanish airline to deliver 10 of its 100 passenger Airlander’s 10 helium-filled aircraft.

The aircraft, which the company says will have less than a tenth of the CO2 footprint per jet plane passenger, will be built in a new green space production cluster in South Yorkshire.

Business Secretary Quasi Quarteng said commissioners of Ireland showed that the UK was at the forefront of “revolutionary” green aircraft technology.

“Hybrid aircraft can play an important role as we transform into a cleaner form of aviation, and it is wonderful to see the UK move forward with technological advances,” he said.

“The deal, revolutionary, British-built and designed, increases the likelihood that the Airlander 10 will fly across Spanish skies. This is further evidence that UK businesses are embracing new technologies and supporting highly skilled UK jobs. “

The construction of 10 new eco-friendly airships in South Yorkshire will create about 1,800 jobs.

The aircraft, which according to HAV will have about 4.5kg of CO2 footprint per passenger compared to about 53kg in a jet, is expected to take to the skies in 2026 with the Spanish carrier Air Nostrum.

Carlos Bartomeu, president of Air Nostrum, said: “Airlander 10 will significantly reduce emissions and that is why we have entered into this agreement with HAV. Sustainability, which is good news for everyone, is already a non-negotiable fact in the day-to-day operations of commercial aviation. “

The airline, which currently operates flights to Iberia, did not say which route the airlander would operate. HAV had earlier said that it was expected to fly to Palma de Mallorca from Barcelona in four and a half hours.

HAV, which in the past has attracted funding from Peter Hambro, founder of the Russian gold miner Petropavlovsk, and Bruce Dickinson, the Iron Maiden frontman, said its aircraft was “ideal for intercity mobility applications such as the current inter-city mobility application from Liverpool to Belfast and from Seattle to Vancouver.” Can serve with small fractions. “

Tom Grandi, CEO of HAV, said: “Airlander is designed to provide a better future for sustainable aviation, enable new transport networks and provide faster growth options for our customers. Our partnership with Air Nostrum Group as the launch airline for Airlander 10 takes us into that future. ”

The craft was originally designed as a surveillance vehicle for intelligence missions in Afghanistan. HAV claims that independent estimates put the value of the airship market at $ 50bn (£ 41bn) over the next 20 years. It aims to sell its 265 Airlander craft during that time.

The £ 25m Airlander 10 prototype took six test flights, some of which ended badly. It crashed on its second test flight in 2016, after a successful first 30-minute voyage. HAV tweeted at the time: “Airlander suffered damage during today’s flight. No casualties were reported in the air or telegraph poles. ”

Thai durian makers chase the sweet smell of success

Thai durian makers chase the sweet smell of success

Many people around the world, especially in Asia, consider durian to be the “king of all fruits”, although the spikey fruit is not the most obvious candidate to be chosen as the most popular fruit.

Although its aroma and creamy texture make it very popular throughout Southeast Asia and China, its pungent odor has caused much opposition, and Durian has been banned due to the infamous odor of many hotels in Thailand.

Most Bangkok taxis display a sign on their windows to warn passengers against carrying durian.

Thailand accounts for 75% of global durian exports

In 2020, according to the country’s data, durian exports show Thailand as the largest durian exporter. According to Treez Intelligence, the country accounted for 75.31% of global exports, which matched the US $ 2.08B export value.

According to the Center for International Trade Studies, Thai Durian surpassed Thailand as the top exporter of rice and para-rubber, with exports amounting to about 187 billion baht last year, compared to 100 billion baht for rice and 90 billion baht for rubber. Reported by University of Thai Chamber of Commerce, ThaiPBS Channel.

Due to the attractive price of durian, many farmers in the northeastern province of Thailand have moved to durian from other crops in the last ten years, the land used for durian cultivation has increased sixfold since 2011. About 80% of farmers in eastern Thailand. Their land has been cleared of rubber trees and now durian is grown instead, increasing the durian output fivefold.

China’s huge hunger for durian is driving the market

There is a huge appetite for Chinese durians, especially the Musang King caste, also known as Mao Shan Wang. The country spent US $ 2.89B on durian imports in 2020. This makes the country the number one consumer of durian globally, accounting for 79.92% of global imports.

Hong Kong lagged far behind in importing durian worth US $ 628.57M for the same year. It accounted for 17.4% of worldwide recorded imports. Taiwan was next with 0.9% of global imports, amounting to US $ 32.45M.

Turn to e-commerce

As durian entrepreneurs scrambled to find new buyers during the Covid-19 ban, e-commerce began to play a more important role in how businesses were conducted. Instead of using the traditional wholesale market, many companies are now choosing to sell Durian online through established platforms such as Alibaba and eBay, or by launching their own online stores.

This allows businesses to reach more potential customers than ever before, even reaching customers outside their country. That being said, successful online sales also require efficient international shipping of durians from Malaysia. DHL Express Malaysia’s Durian Express initiative aims to help local Durian merchants meet overseas demand through next-day delivery services within 24 hours in Hong Kong and Singapore.

Bitcoin fell below $ 25,000, hitting an 18-month low

Bitcoin fell below $ 25,000, hitting an 18-month low

Bitcoin has fallen more than 15 percent to $ 25,000 against the dollar, its lowest level since December 2020.

The world’s largest cryptocurrency was hit by a sell-off of risk assets after Friday’s astonishing US 8.6 percent rise in inflation, a 40-year high, raising expectations of more aggressive austerity measures by the Federal Reserve and other global central banks.

The weekend’s fall was extended today after Celsius Network, a key player in crypto lending, announced it would suspend withdrawals and transfers between accounts due to “extreme market conditions.”

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Lenders, which raised $ 750 million late last year, offer interest-bearing products to customers who deposit their cryptocurrency and lend cryptocurrency to earn a return. As of May 17, the company had processed ্যের 8.2 billion in debt and $ 11.8 billion in assets, according to its website.

Rival cryptocurrencies also declined, with Ether, the second-largest digital currency, falling 12 percent to its lowest level since February 2021. Both Solana and Dodgecoin decreased by 14%

Confidence in crypto, which until recently has been spoken of as a potential hedge against inflation, was shattered by the fall of TerraUSD last month, which broke its dollar peg and caused the price to fall.

The value of Bitcoin has more than tripled from $ 20,000 to a record $ 68,000 between December 2020 and March, due to an increase in trading on the day of the epidemic among retail investors equipped with U.S. stimulus checks and lockdown savings.

Bitcoin has now lost 61 percent while Ether has dropped 72 percent from their November highs, causing financial distress to millions of holders who boarded crypto bandwagons during the epidemic.

The Bank of Thailand has forecast 19 million foreign tourist arrivals in 2023

The Bank of Thailand has forecast 19 million foreign tourist arrivals in 2023

The Bank of Thailand predicts 6 million foreign tourist arrivals this year and 19 million in 2023 will be easier to prevent an epidemic. It forecasts economic growth of 3.3% this year and 4.2% next year (2023) after seeing 1.5% growth last year.

However, analysts point to a slower-than-expected tourism recovery because Chinese tourists are unable to travel due to strict travel bans on outbound and inbound travel to China under the so-called “zero covid policy”.

China is responsible for more than a quarter of the 40 million foreign visitors in the pre-epidemic 2019 statistics of Thailand’s tourism flow.

However, the committee further assessed that the Thai economy will expand to 3.3 percent in 2022 and 4.2 percent in 2023, behind the expected recovery in domestic use and tourism after the relaxation of border controls in Thailand and other countries.

Meanwhile, the impact of the conflict between COVID-19 and Russia and Ukraine on the Thai economy will be limited. However, the committee will look at the main risk factors for economic recovery, especially the impact of high prices on household living costs.

For this year, the Monetary Policy Committee estimates that the country’s inflation will reach 6.2%, higher than the previous forecast of 4.9%.

The Bank of Thailand last week kept its core policy rate unchanged at 0.5%, amid mounting price pressures and tightening monetary policy by its peers.

But according to a bot statement, the financial system has remained resilient. Commercial banks have provisions for high level capital adequacy and credit losses. Liquidity remains sufficient in the financial system, although the distribution of liquidity still varies across the economic sector. Some families and businesses remain at risk for rising living and production costs because their incomes have not been fully recovered without their high levels of debt.

UKs reveals funny business names

UKs reveals funny business names

The UK’s funniest small business name has been revealed after a small business was crowned with ‘Britain’s Best Small Business Name’ in a public vote.

Parky Blender, a London-based specialty coffee roster, will be presented with fiercely competitive acclaim, beating more than 1,500 small-scale small businesses. The husband and wife pair received 16% of the total vote and will receive a £ 2,500 grant from Simply Business to support business growth.

The Simple Business Competition, a small business insurance provider, was launched to celebrate the intelligence, creativity and humor of small business owners in the country.

A recent survey of 2,000 consumers of Simply Business found that how a fun or fun business name can play a huge role in helping small businesses succeed, with a third saying they are more likely to shop at a small or local business. Compared to those who do not have a fun or interesting business name. Two-thirds of people are more likely to target a small or local business with a fun or interesting business name.

Parky Blender was formed in 2015 as a family by husband and wife couple Adam and Victoria Coggins. Originally located in Waltham Forest, a few years later they now have three stores in the borough and more than 60 stores – including Whole Foods, The Conran Shop, Anthropology and the award-winning Eat17 Spar Shop.

Before considering the shortlist, only Business Cautious considers them to be the most intelligent and most memorable business names across the UK. The crown of the winner of the competition was then in the hands of the British public.

Small businesses are vital to the local community and people noticeably prefer small purchases over large chains. In terms of preference, about nine out of ten people (88%) prefer to shop in a small, local, or independent business when compared to a larger chain, or a combination of a smaller business with a larger chain.

Alan Thomas, UK CEO of Simply Business, commented: “We are incredibly proud to be able to provide adequate insurance for over 800,000 creative and diverse small businesses in the UK. But we see our role as more than an insurance provider – we are champions for small businesses. It just seems appropriate to celebrate the creativity and personality of some of the best business names in the UK and Perky Blenders is a worthy winner of our inaugural ‘Best Small Business Name’ award.

“The impact a memorable business name can have on your business is incredible – our research suggests that one third of consumers are more likely to spend on a business with a fun name.”

“With nearly 6 million small businesses across the UK, our community lives as blood and collectively contributes trillions of pounds to the UK economy, we are delighted to find the best small business name in Britain, and rewarded them with 2,500. Donate to support their journey. “

Adam Coggins, MD and co-founder of Parky Blender: “We’ve come to the moon to be crowned ‘Britain’s Best Small Business Name’, and we’re still stunned after so many years when people fall far short of our name!”

“I came up with the idea for this name because the founding team planned to offer our premium at the kitchen table in 2015. The name Perky Blenders was born out of the need to notice the relevance of what we do.

The name Parky Blender was obviously inspired by a popular TV show, but it has become much more so. As a well-known ‘post by coffee’ specialty coffee roster, the name, and the company as a whole, now carries a lot more meaning to our brazen family. Our roasting team is a talented crowd, and our coffee is always at the forefront with care for quality and good practice.

“Parky Blender, surprisingly, blends most of our coffee for variety and flavor as well as consistency in a busy coffee world where only the best will do. You can park yourself with Blend. We roast and post all over the UK … Everything is done by the gang at Parky Blender’s headquarters. “

Thailand shelf 300-baht tourism fee

Thailand shelf 300-baht tourism fee

The Ministry of Tourism and Sports has announced that it will suspend collection of 300-baht tourism fees until the fourth quarter of this year, and will offer to cancel the Thailand Pass, which begins next month.

Tourism and Sports Minister Fifat Rachakitprakorn has announced that the ministry has decided to withdraw a proposal to implement a tourism fee to conduct additional research on the matter. In the light of tourists who stay in the country only one or two nights, he believes that tourist fees for land arrivals should be reconsidered.

The ministry will submit the proposal to the cabinet within two months after implementation of the fee, 90 days after the publication of the Royal Gazette. It suggests that the start date could be between the fourth quarter of this year and the first quarter of 2023.

The Thailand pass will be canceled in July

Pifat said the next meeting of the Centre’s Covid-19 Situation Administration (CCSA) for international arrivals to cancel Thai pass registration would attract more tourists, as they would no longer need to buy travel insurance or contracts. Including complex entry procedures. Thailand’s tourism authorities will meet with tourism operators to discuss any stress concerns at the next CCSA meeting.

Information and sources

  • Reporter: Cranjoite Johjit
  • Rewrite: Thammarat Thadafram
  • National News Bureau:

A third UK worker works remotely with technical issues

A third UK worker works remotely with technical issues

A new study has found that one-third of UK office workers have problems with their workplace technology, which can take an average of more than three days to replace.

When 8 out of 10 people in the UK agree that flexible work is what it means for an IT department already struggling to stay here? Simply put, this means that IT departments need to be smart about how they support their workforce – and fast.

The findings are part of an independent research report entitled ‘Variable Behavior of a Flexible Workforce in 2022 and beyond’, commissioned by smart locker provider Velocity Smart Technology. The study explores how offices will change in 2022 and how business leaders can support the future of IT support.

Despite apparent pressure from the IT department over the past two years, 4 out of 10 UK workers actually say that their support from the IT department has improved.

Anthony Lamorex, CEO of Velocity Smart Technology, said, “Reducing employee downtime due to IT failures was a constant challenge when most employees were office based, now it has become an almost impossible problem as more than 100 employees can be deployed. , Sometimes 1000 miles. “

On average, it takes just over three days to get replacement hardware from an IT department, which often requires face-to-face interaction with IT consultants to access new or replacement hardware. More than half of UK workers (52%) report that they have to collect it from the IT department themselves, or have a member of the IT support team deliver it.

This unnecessary interaction is extremely frustrating for the IT support team who are working as delivery men and women and is fatally detrimental to overall productivity.

Lamoureux continues, “Many times, replacing laptops, tables and phones can be pre-configured and set up online, so why are expensive, on-demand IT resources forced to act as postal services? It’s not just employees wasting time; It’s a hugely inefficient IT support model – especially when proven alternatives are fast and preferred. “

In a 2020 survey by Velocity Smart, 19% of employees confirmed that they would prefer to collect hardware from a smart locker – and for good reason.

“Smart lockers are not just a logical extension of the trend of self-service access to IT services, but companies need to adapt more to support an increased workforce, while working flexibly to stay here.”

“Employees can access the new kit in 45 minutes – instead of three days – reducing downtime and productivity impact. There is a significant saving of time for support staff. It is more efficient on all fronts – only 1% of UK companies still offer this option. That’s the decent thing to do, and it should end there. ” Lamoureux Conclusion.

In a recent survey, three-quarters of UK employees were positive about the idea of ​​using smart lockers to replace IT equipment. Adopting this approach not only gives employees 24/7 access to IT tools but also helps IT support to meet the challenges of supporting a flexible, hybrid workforce.

Bank of Thailand keeps policy rate unchanged at 0.5%

Bank of Thailand keeps policy rate unchanged at 0.5%

The Monetary Policy Committee (MPC) voted 4 to 3 to maintain the policy rate at 0.50 percent. Three members voted in favor of raising the policy rate by 0.25 percentage points.

The Bank of Thailand has kept its core policy rate unchanged at 0.5%, amid mounting price pressures and tightening monetary policy by its peers.

The committee assessed that the Thai economy would continue to recover and could expand faster than previously expected due to strong domestic demand and the pickup of foreign tourists.

Headline inflation is estimated at 6.2 percent

Headline inflation is projected at 6.2 percent in 2022 and 2.5 percent in 2023. Inflation will surpass the target in 2022 due to rising domestic energy prices and a wide range of higher cost passthroughs across a wide range of products.

The split of votes by the Monetary Policy Committee (4 to 3) points to the recent resurgence of inflation, which reached a 14-year high of 7.1% in May.

For this year, the Monetary Policy Committee estimates that the country’s inflation will reach 6.2%, higher than the previous forecast of 4.9%.

However, the committee further assessed that the Thai economy would expand to 3.3 percent in 2022 and 4.2 percent in 2023 on the back of a better-than-expected recovery in domestic use, especially in the services sector. Arrivals of foreign tourists have also improved following the rapid relaxation of border controls in Thailand and other countries.

Foreign arrivals are projected to reach 6 million this year, which is expected to rise to 19 million next year.

The overall financial system remains resilient. Commercial banks have provisions for high level capital adequacy and credit losses. Liquidity remains sufficient in the financial system, although the distribution of liquidity still varies across the economic sector. Some families and businesses remain at risk for rising living and production costs because their incomes have not been fully recovered without their high levels of debt.

The Bank of Thailand will put a brake on interest rates, even as other central banks begin to tighten monetary policy, as long as inflation in Thailand remains within a small set, its governor told Nikkei Asia in an exclusive interview.

Is an acre of gold valuable?

Is an acre of gold valuable?

Whenever prices rise, people rush to buy gold. Why is that? Because gold and other precious metals are excellent hedges against inflation. As inflation rises, so does the price of gold.

Gold is also appealing to people who fear the consequences of a sinking of the stock market, especially during an economic downturn.

Chances are, if you’re reading this article, you’ve already decided to invest in gold, so I won’t argue about the pros and cons. Instead, let’s focus on the Acre Gold subscription service to see if this company offers a good vehicle for you to enter the gold market.

What is Acre Gold and how does it work?

Acre Gold is a company that specializes in one product: the gold bar. Once you sign up for the service you will pay for a monthly subscription. When your money is added to the cost of a gold bar, Gold Acre emails it to you. You can take that gold bar and hide it under a floorboard like Silas Marner or keep it in a safe deposit in your bank.

Here are the steps you need to take to begin building your gold bar collection with Acre Gold:

  1. Pay a one-time sign-up fee of $ 12
  2. Choose your subscription, which will cost 50, $ 100, or $ 250 per month
  3. Once your money is added to their bar price, Gold Acre sends it to you.

Gold Acre also has a generous cancellation and refund policy, so you are free to cancel your account at any time. They will buy fractions of their gold. Once they send it to you, you have to sell the gold if you don’t want to hold on anymore.

Nervous about sending you gold in the mail? Gold Acre uses a special prudent shipping method so that your gold stays intact with you and does not sort out dirty neighbors.

You can check out this review for more information on how Gold Acre works.

Where do Gold Acres get their gold?

Gold Acre Gold Bars are custom-made by a Swiss producer. They certify each 2.5-gram bar as 99.99% fine gold.

Gold bars come in an attractive sealed package that is transparent, so you can see the beautiful glow of your investment. Gold Acre stamps its logo on every bar, so you don’t forget where you bought it.

They will send you a custom box for each bar of gold so you can display it if you like it.

To see more information about Gold Acre and start your subscription, click here to get current promotional offers.

What is the alternative to gold acre?

Gold Acres is not the only game in town buying gold and precious metals.

Money Metals is another online bullion exchange. In addition to gold, you can buy silver, copper, palladium, platinum and rhodium. You can buy a variety of precious metals, including coins, bars, jewelry, rounds, penises, and fractions. For 96 per year, they will also save you precious metals.

JM Bullion is another option if you want to buy some precious metals. JM sells gold, silver, copper and palladium in the form of bullion bars and coins. With JM Bullion, you can sell your precious metal to them, saving time finding your own buyer. JM Bullion prides itself on providing the highest buy-back value in the precious metals industry.

You can also invest in precious metals mutual funds and exchange-traded funds. These financial instruments are more liquid than buying real products, so when the time comes you will find it easier to sell them.

But if you want a simple and attractive gold bar with a predictable subscription plan, Gold Acre may be your best option.

Gold Acre: Final Thoughts

If you want to buy gold and retain the actual product, Gold Acre is an excellent service to fulfill your purpose. They offer a transparent, easy-to-understand platform for buying gold bars with three subscription plans. And for as little as 50 per month, you can get into the business of buying gold, making it very accessible to almost any investor.

In addition to your own investment purposes, you can also gift these gold bars to children and grandchildren. These are just some of the goal setting shareware that you can use. And apparently nothing more pleasurable than real gold bars.

Gold Acre is also suitable for investors who do not fully trust banking and financial services When you hold a physical product, you do not have to worry about financial shocks that can cause irreversible losses to the financial institution. Gold can also serve as an excellent hedge for your traditional investment.

If Gold Acre sounds like a good idea, you can click here to choose one of their subscriptions.

The civil service cut will leave Whitehall unable to cope with the pressures of Brexit

The civil service cut will leave Whitehall unable to cope with the pressures of Brexit

In three years, Boris Johnson’s plan to reduce the number of civilian employees to 91,000 – about 20% – would leave Whitehall unable to cope with the huge workload caused by Brexit, independent experts and the union have warned the government.

They say such a reduction would make the state too small to handle the additional responsibilities that Whitehall officials have taken on since the UK left the EU, including trade, agriculture, immigration and business control.

TUC figures released this weekend show that planned cuts would mean the ratio of civilian employees to members of the UK population will fall to a record low following former Chancellor George Osborne’s brutal crackdown, when government departments were asked to push back the numbers. Savings up to 40% after the 2010 general election.

TUC figures show that for every 10,000 UK citizens, the number of civil servants dropped from 76 in 2010 to 59 in 2016, the year of the Brexit referendum. Over the past year, the number has risen to 70 per 10,000 UK citizens to cope with the extra workload of Brexit planning and implementation.

However, if the three-year target of reducing 91,000 is achieved, the TUC says that by 2025 the number of civilian workers will drop to a new low of 56 per 10,000 – despite additional demands on the government from Brexit, the epidemic and the war in Ukraine.

Cabinet ministers and permanent secretaries of all government departments have been given until the end of June to model the situation, including a 20%, 30% and 40% reduction in the number of civilian employees working for them. The overall reduction of 91,000 is very unlikely to be evenly distributed, meaning some parts of the government will be asked to do more than 20% and some less.

Difficulties in managing Brexit’s success by reducing the size of the state are highlighted by separate figures from the Institute for Government (IFG) think tank, which says that since 2016, the Home Office has added 8,400 staff, many of them new immigration policy from the EU and Processing is handling visas.

Both Defra (Department of Environment, Food and Rural Affairs) and BEIS (Department of Business, Energy and Industrial Engineering) have increased their staff to 5,000 since 2016, taking on regulatory and policy roles previously performed by EU officials.

Rice Klein, a senior researcher at IFG, told the Observer: “Ministers should explain why they believe that the pre-Brexit size of the civil service in 2016 is the most effective size for the civil service in 2025, almost a decade later.

“The UK government now has new post-Brexit responsibilities that need to be addressed and cannot be omitted or easily undermined.”

Whitehall’s bones are being cut, said Steven Littlewood, assistant general secretary of the First Division Association, which represents senior civil servants.

“Given the new responsibilities of the post-Brexit government for areas such as borders, customs and agriculture, it is impossible to see how the services it currently provides can be provided with the proposed job losses. The government needs to be honest about which services will be reduced if the number is reduced. ”

Johnson has lined up to lead a review of how the civil service works in the future, according to former cabinet office minister Francis Mudd, who oversaw the hanging deficit in civil service numbers under a coalition government led by David Cameron and Osborne.

There are also warnings that a reduction in the number of officers would exacerbate delays in applying for passports, driving licenses and other government services.

Mark Serotka, general secretary of the largest civil servants’ union, Public and Commercial Services Union, said: Tax search

“We will fight for every job in the civil service. Not just from our members, but from every member of the public who relies on the services they provide. “

Professor Anand Menon, director of the think tank UK in a Changing Europe, said Johnson’s problem was that Brexit was a larger state’s demand “not just for short-term implementation, but for the UK to do all the extra work that Brexit would need”. From formulating and implementing new policies in the fields to performing new regulatory tasks, policing our borders. ”