SUBSCRIBE
Home Blog Page 682

The Impact of Covid-19 on Bitcoin – An Overview of Performance in 2020

Claire James
-
0
The Impact of Covid-19 on Bitcoin – An Overview of Performance in 2020

There is no other way to say it. Bitcoin has jumped to an all-time three-year high as the COVID-19 pandemic has altered the outlook of investors. Bitcoin is the world’s most famous cryptocurrency. With aggressive Bitcoin trading, its value plummeted to $17,000 in November 2020. Investors viewed it as an alternative to other kinds of assets, growing its strength. The currency shot up more than 4%. This was its highest level since it had risen in December 2017. Experts have claimed that the pandemic compelled investors to evaluate the long-term outlook of Bitcoin as well as other cryptocurrencies. Among these others is Litecoin, Ethereum and XRP, all of which have gone up in value in the year of COVID-19. Bitcoin hits an all-time high of just under $20,000 (cnnphilippines.com)

Investor Security

With concerns over trading fraudulently in cryptocurrencies waning, investors now have a greater sense of security. A succession of hacks that created losses of millions of dollars in major cryptocurrencies had promoted fear among investors. Bitcoin trading was on a low as a consequence, as was trading in other cryptocurrency segments. Not all outcomes of the current pandemic are negative. As far as Bitcoin is concerned, the crisis brought on by the virus is forcing investors to reassess its potential as a major investment option. Investors are going as far as to consider its value as an alternative to precious metals, like gold. Bitcoin has doubled investor wealth in 2020 — and industry insiders say there’s more to come | Business Insider India.

Bitcoin set to Grow

Analysts such as Nikolaos Panigirtzoglou from JP Morgan claim that the virus is literally great for a cryptocurrency like Bitcoin. Endorsing that analysts are seriously thinking of the cryptocurrency as an option to gold investment, he says that Bitcoin trading will see only highs in the future months. Gold, in comparison, has waned in value. Some investors see Bitcoin, as they do precious metals like gold, as a safe investment haven. More aggressive traders see it as an asset that will yield growth in a period of low returns that government bonds yield right now. com/cryptocurrencies/bitcoin/Big-Investors-Are-Dumping-Gold-For-Bitcoin.html” target=”_blank”>Big Investors Are Dumping Gold For Bitcoin | SafeHaven.com.

Other Factors and Bitcoin’s Upturn

Stimulus measures from the central bank to fight the pandemic crisis have all but curbed interest rates to below zero. This is a global trend. Consequently, minimal returns have been left behind as lending options to governments. Prompting higher Bitcoin trading demand is that its supply has been capped at 21 million. Analysts say that this scarcity automatically creates an innate value in the cryptocurrency. It also protects Bitcoin from government and central bank policies that ignite inflation. Why Does the Price of Bitcoin Keep Going Up? (investopedia.com)

Investors are worried that inflation may drastically surge in 2021. Citing the reason for this, they feel the new coronavirus vaccines will rush in, allowing economies to get a boost from governments worldwide. Investors also expect that Bitcoin will be accepted by mainstream corporate firms, forging ahead as a means of widespread payment.

The Cryptocurrency Endorsement

In October 2020, companies like PayPal made an announcement that it would open its network to a few cryptocurrencies, one of which is Bitcoin. Since this move, Bitcoin trading increased, its value having risen even more. Investors at AJ Bell say that the supreme endorsement of any cryptocurrency is its value as real money use. If you can buy your groceries and other commodities with it, it will be the ultimate acceptance of its power.

With all this in mind, experts tout the cryptocurrency as a great bet for investors and traders alike in the next year, 2021. Its value as an asset is set to move to higher levels. With the cryptocurrency industry portraying some consolidation, value is showing traction. Using it as a hedge against potential inflation, investors say it’s a good safety control against stimulus packages that governments introduce.

Direct Cremations: A Pure Cremation review

Sam Allcock
-
0
Direct Cremations: A Pure Cremation review

According to research carried out by SunLife in 2021, the average cost of dying in the UK is now a staggering £9,263, higher than it has ever been. 

The funeral element of this total makes up a little over 45% (£4,184), with the rest being made up of professional fees, venue hire, catering, a memorial etc.

As a result of spiralling funeral costs, where prices have increased 122% in 16 years with figures forecast to continue rising, many people are looking at less traditional methods of saying goodbye as a way of ensuring their loved ones are not left with a substantial bill.

The average cost of a cremation (£3,885) is significantly cheaper than that of a burial (£5,033). However, in recent years another more cost-effective option, known as direct cremations, have become more and more popular.

What is a direct cremation?
Direct cremations are much more affordable than either a burial or a standard cremation; £1,554 on average. This is because a direct cremation is stripped of many of the elements of a traditional funeral.

  1. There is no ceremony
  2. There is no procession
  3. There are no mourners

This means that your family may have to arrange and pay for a separate service or wake, if this is something you wish to hold.

As a result of direct cremations becoming more popular (even David Bowie chose to have one in 2016), specialist funeral plan providers have emerged. Most notably, market leaders Simplicity Cremations and Pure Cremations.

In this in-depth article we review Pure Cremations….

What are Pure Cremations?

Pure Cremation only provide direct cremation funeral plans, with prices starting from £31.90 a month for their ‘Trust based plan’ or £6.25 a month for their ‘Over 50s plan’ option, (more details on each plan below).

A direct cremation is a fuss-free funeral, where family members do not attend and a ceremony is not held.

The popularity of direct cremations is growing fast, but are Pure Cremations the right funeral plan provider for you?

How does Pure Cremation work?

Pure Cremation provides all the necessary services required to carry out a direct cremation.

They are the only UK provider to offer just cremations. They even own a purpose built crematorium located in Charlton, where all their cremations are carried out. This facility also offers a chapel, farewell space and a dedicated Garden of Remembrance.

Pure Cremation offer two different funeral plans and both options include the following services:

  1. Collection of the deceased from anywhere in mainland UK (24 hours a day)
  2. Transport of the body to the crematorium
  3. Care and preparation of the body
  4. A pine eco-coffin
  5. Hand delivery of ashes to any mainland address in the UK within 21 days or the option to scatter the ashes in the Garden of Remembrance
  6. Cremation fees for an unattended committal
  7. Doctors’ fees (if applicable)

Pure Cremation have trained staff available to help you with all the arrangements and then to provide support for your family and loved ones.

However, unlike attended cremations, it is Pure Cremation who decides when and where the cremation takes place.

You can compare different funeral plan quotes completely free of charge by using an FCA regulated broker, such as Reassured.

Pure Cremation reviews (Trustpilot and Reviews.co.uk)

Whilst we are comprehensively reviewing Pure Cremations within this article, it is even more important to look into how customers rated their service.

Pure Cremation Ltd have earned an impressive 4.89/5 average rating from 866 reviews on reviews.co.uk (as of 13/01/21). With 98% of reviewers recommending Pure Cremation.

They also have an ‘Excellent’ 4.9/5 rating on Trustpilot from over 1000 independent reviews.

Pure Cremation funeral plans

Pure cremation currently has two funeral plan options to choose from.

  1. Trust based plan
    Cost: £1,595 or from £31.90 per month
    Available to applicants aged 18+ (no upper age limit)
    Protects from inflation
    Fully guaranteed
    Deposit optional
    Various payment options
    Includes an administration fee (£350)
  2. Over 50s Insurance plan
    Cost: From £6.25 per month
    Available to applicants aged 50 – 75
    Monthly premium payments until you’re 90th birthday
    Protects from inflation
    Fully guaranteed
    Guaranteed acceptance
    No deposit required

The ‘Pure Promise’

Both funeral plans arranged through Pure Cremation include what is known as their ‘Pure Promise’.

Similar to other funeral plan providers, Pure Cremation will guarantee your funeral services. This means that no matter how much time passes, your loved ones will not have to pay anything else towards the cost of your funeral.

The Pure Promise is subject to:

  1. All Trust Based plan payments are complete
  2. All over 50s plan payments are up to date with a minimum of 24 consecutive monthly premiums already paid

With an over 50s plan, if you have paid a minimum of 24 consecutive monthly premiums but you pass away before the plan has been paid in full, Pure Cremation will still carry out your cremation as per your plan.

This is similar to traditional funeral plans, safeguarding your investment in case anything were to happen to you during a long term payment plan.

How safe is your money?

Pure Cremation Ltd are approved by the Funeral Planning Authority (FPA), which means that there are a number of measures put in place to ensure your money is secure.

Trust based plan; Funds paid into the Trust based plan are held in the Pure Cremation Funeral Plan Trust, which is a completely independent organisation managed by trustees.

Funds are only released so that the cremation can be provided (or if the plan is cancelled/payments stop).

Is a direct cremation right for you?

In summary, Pure Cremation provides an exclusive and dignified service for customers wanting a fuss-free, low key funeral.

Their plans include all the necessary elements from beginning to end to ensure you and your loved ones are taken care of.

From collection and care of the body, to hand delivery of the ashes.

Their plans ensure that anyone in the UK can have one of their direct cremations.

But this is due to their crematoria location which is based in Hampshire.

The direct cremation route isn’t for everyone, and many still opt for a full traditional or celebration of life service.

Family traditions or expectations also play a huge part in the decision process.

There are simple funeral plans available that offer all the elements of a funeral with ceremony but won’t break the bank.

For example, a basic funeral plan arranged through Reassured starts from just £20.38 per month or £3,220 upfront.

With a simple funeral plan, your funeral costs will be covered, but you also won’t need to worry about unnecessary extravagance.

In summary, Pure Cremations are a very good option and 1000s of Brits use their services. However, with prices of prepaid plans constantly fluctuating it is always a good idea to compare multiple quotes to ensure to secure the most affordable option.

Sources:

https://www.sunlife.co.uk/funeral-costs/https://www.purecremation.co.uk/

https://www.purecremation.co.uk/

When Experience Even More Than A Degree

ABC Staff
-
0
When Experience Even More Than A Degree

The relays in the domes of the listed companies of half the world ran normally until the pandemic arrived. The covid-19 paralyzed hiring with a stroke of the pen. Between March and June 2020, 19 of the 20 largest economies signed fewer executives.

US companies in the ranking Fortune 100 incorporated only two CEOs, compared to 7 in the same period of 2019, and among the top 100 Chinese firms only two instead of 8.

After overcoming the toughest confinements brought by the virus, the moment of panic, the waters began to return to their normal channel and the selection processes were resumed, explains Stefano Salvatore, general director of Heidrick & Struggles in Spain, especially in the United Kingdom [the only country that recruited more leaders than the previous year] and Italy, the most active markets, which live the best year in its history.

In Spain, the three additions that the Ibex 35 companies have announced took place in June, when Andreas Naven took over at Siemens Gamesa ; Luis Gallego was appointed IAG’s chief executive officer after the summer and the change in Banco Sabadell, which has signed César González-Bueno to lead the entity , came after the failed attempt to merge it with BBVA, in November and is still pending approval by part of the ECB.

The virus has not only modified the succession rhythms but has also driven the change in the most sought-after profiles to lead organizations. And, as a consequence, it has slowed down the push for diversity that had been taking hold in recent years.

“In total, 30 CEOs were appointed after the official announcement of a global pandemic [in the 20 countries the headhunter analyzes, from the US, through China or Hong Kong or through Brazil or Australia and almost all of Europe], and we found that their backgrounds differ significantly from their more recent counterparts, ”explains Heidrick & Struggles in their annual Route to report from Top.

Large companies that fluctuate in the stock markets have returned to their “traditional comfort zone”, incorporating candidates with previous experience as CEOs and demonstrable successes in their management, particularly during periods of crisis.

63% of the new leaders appointed between March and June have already served as such before (compared to 44% previously). “The extensive experience of César [González-Bueno], as well as his successful career leading strategic innovation, digitization and restructuring processes, make him the ideal profile,” said the president of Sabadell, Josep Oliu, when announcing the appointment.

They have parked the growing opportunity that they were giving to women (there are few who have background in the top leadership), with which the gender diversity in the leadership that in the five months prior to the crisis stood at 12% it has gone to 6% later. Racial diversity, nationality, professional experience, and even educational diversity among senior leaders have also suffered.

And companies have chosen to hire executives from other organizations instead of fishing in their internal fishing grounds, something that will also have consequences, according to the head hunter , in business succession plans. External hires jumped from 35% observed between October 2019 and March 2020 to 57% thereafter.

“We have seen this evolution previously, in the financial crisis of 2008, but this is by far the most pronounced change,” the report emphasizes. Salvatore sums it up in that executives have gone from being poets to warriors, managers who put on helmets and go into trenches because decision-making cannot wait. And that has caused the defendant profile to be modified.

“The experience or seniority in the governance of a company is an asset in itself,” says Tobías Martínez, CEO of Cellnex Telecom, who believes that the demand for profiles more oriented towards stabilizing the organization in times of extreme uncertainty such as the current one, while considering that what is important for good business management is the balance in the combination of skills, abilities and attitudes of the candidate.

The pandemic has also emphasized the need for the softer skills that are the hallmark of modern leadership, such as humility, empathy or communication skills. And there are those who think, like Cargill China CEO Jerry Liu, that the coronavirus will bring a more local approach to decision-making.

“To be able to think globally and at the same time act more like a local player will require a change in behavior and mentality, and it will be the key to success in the future,” he predicts in the aforementioned study.

“We suspect that these trends in CEO selection, including increased outsourcing, may not represent long-term changes but rather a struggle to survive in a highly challenging and competitive global environment,” says the headhunter and confirms Salvatore , in the belief that the listed companies are returning to normal, to worry about the diversity and sustainability of their businesses.

“The weight of women is increasing, companies are making a real and sincere effort in their policies of equity, diversity and inclusion,” appreciates Tobías Martínez, who refers to the recommendations of good governance as drivers “for good measure “to force” all of us to this discrimination in a positive sense ”.

In all respects, 2020 has been a very unusual year, says Heidrick & Struggles, which in the face of the year that has just started maintains some optimism in the selection of executives, according to the director of the firm in Spain.

At least in the Ibex there is already a replacement in the making: that of the CEO of Almirall, after the signing of the current one by Merck .

How Workplace Injuries Impact a Business

Sam Allcock
-
0
How Workplace Injuries Impact a Business

Workplace injuries can greatly impact your business on a variety of fronts. In addition to having the potential of being incredibly costly, a workplace injury can also have a severely negative impact on worker morale. When your employees are not able to view your business as a safe place to work, they are likely to become anxious. They may have fears about coming to work and may look for other opportunities elsewhere.

Financial Costs

Workplace injuries can have a profoundly harmful impact on the financial standing of a business. There are many factors that come into play when determining how much a workplace injury could set your company back. Some of the main things to take into consideration when attempting to protect your company from expensive workplace injuries are:

OSHA Guidelines

Throughout the United States, OSHA has specific guidelines in place to protect workers from harm. Employers are required to meet the standards laid out under these guidelines to ensure a safe work environment for employees. Failure to meet these guidelines can bring heavy fines upon a company, especially in the event of an employee getting injured as a result of the failure by the company.

Following OSHA guidelines and creating a safe workplace protects a company against the fines they may receive from this body. Additionally, it helps to ensure that fewer workplace injuries occur in the first place. Obviously, the best way to avoid financial hardship associated with injuries in the workplace is to prevent those injuries from ever occurring.

Medical Compensation

When a worker gets injured on the job, they have the right to file a claim for workers’ compensation. Source: https://www.sinklaw.com/areas-we-serve/georgia/work-injuries-lawyer/

An employer’s workers’ compensation insurance will pay for the worker’s injury, as well as any lost wages due to time missed from work. While this insurance protects the company from more significant financial damages, more injury claims mean higher insurance rates for the company.

Legal Costs

When an employee has a claim which goes beyond the level of coverage carried by an employer, then lawyers will have to get involved. Even if a company is able to resolve the claim without going to court, there are still going to be plenty of associated legal fees.

Accident Investigation

When an accident occurs, it needs to be investigated, and an accurate record of events must be kept. This is important for a company to do in any case, and the associated cost could end up saving the company money if the investigation shows that the claim is fraudulent.

Lost Production

In addition to all of these costs, the loss of your employee for however long their injury keeps them out of work can be quite costly to your business. Not only will productivity drop due to the loss of an employee, but productivity will decline across the board as other employees pick up the tasks of the injured employee, leaving them with less time to complete their own work.

Training New Staff

When the injured employee is due to missing an excessive amount of time, an employer may be forced to hire additional staff to help until their return. The costs of bringing on a new employee can be significant. For filling vacancies that require little training, the expense might not be too severe. However, if the job requires a lengthy training period, then it can cost a business a vast sum.

Not only will other employees continue to have to cover the work of the missing employee until the training process is complete, but they will also have to cover some of the work for the employee doing the training. They will be pulled away from their regular duties to get the new hire up to speed and will not be able to carry their usual workload.

Accidents Happen

Unfortunately, even if you do everything to provide a safe workspace for your employees, accidents will still happen. There is no way to fully ensure that an employee will not suffer an injury while on the job. Still, many steps can be taken to minimize the likelihood of this event.

Making your workplace as safe as possible will also increase morale. An unnecessarily dangerous work environment will make employees anxious and uncomfortable at work and lead to high turnover. When employees see that their employer is doing everything to ensure their safety, they will be far more satisfied and less likely to seek to leave the company.

The Benefits of Playing Solitaire Games

Sam Allcock
-
0
The Benefits of Playing Solitaire Games

Online gaming is massively embraced all over the globe, and Solitaire card games are among the most popular options. They are known since the 18th century but people are still not bored with them due to the simple but challenging nature. If you have never thought of how playing Solitaire can be beneficial, then this article is perfect for you because it offers five reasons to consider. Truly, the advantages associated with Solitaire are countless but we are here to offer you a better glimpse of the main ones. Let’s get started!

  1. It Keeps You Busy

One of the foremost things you should know concerning Solitaire is that it makes your mind to keep being active and have a rest at the same time. As a result, you get a chance to gain a soft mental activity that keeps you going and sane. Usually, it is best after having a hard day especially if you are not a fan of watching movies or https://www.solitaire-masters.com .

  • Gives You Alone Time

When playing Solitaire online, you get the best moment to be on your own. Even if you are an extrovert, you really need some time to simmer down and focus on yourself. Having a regular self-reflection is so critical in improving your mental health because you do not have to process the opinions of others but yours alone.

  • Calms your mind

Classic Solitaire is also the best when it comes to calming your mind. This is because it sets you into the meditative state when all you need to do is to repeat similar actions. It is more applicable for those who suffer from anxiety regularly. Solitaire provides the mind with a thing to focus on, more so, during times of low action. It is really a game that helps to diffuse any tension in your body or mind and helps you enjoy the day.

  • Strengthens your strategic muscles

Although Solitaire is not so strategic-oriented as chess, you will still need to employ some manner of strategy to achieve the game’s goal. There is no winning by sheer luck! You surely have to be creative. As a result, you will manage to develop your strategic muscles as well as improving the overall mental functions.

  • It is fun!

Just as playing any other game whether online or live, there is fun in it. Free Solitaire is never an exception when it comes to entertainment. You will get bombarded with challenges but every time you solve them, it turns into happiness and satisfaction of winning. Besides, Solitaire can be played with friends hence making it even more https://www.spider-solitaire-masters.com/ .

Conclusion Learn how to play Solitaire, and you will never get bored. Moreover, this game will bring many benefits, including those mentioned above. With technological advancement, now you can play it whenever and wherever you want by downloading such app as Solitaire Masters on your mobile device. Remember there are different versions of this game available, so you’ll definitely find the most interesting one. Start now and become the next Solitaire master!

Best Storage Collection and Delivery Companies in UK

Sam Allcock
-
0
Best Storage Collection and Delivery Companies in UK

There are a number of advantages of working with a professional self storage company. It can not only prevent damage but can also provide you the security you need for your items. Additionally, if you have perishable goods that require a specific temperature to survive, these self storage facilities can also offer a temperature-controlled environment for your items. What’s even better, you don’t have to worry about losing access to your valuable items as these services make things more accessible for users.

You want to take advantage of self storage facilities in your locality but want someone to collect your items and deliver it to the self storage facility, then you are at the right place.

 In this article, you will learn about the seven best storage collection and delivery companies in the UK.

1.  STORED

Stored is one of the most popular self storage London companies which has more than 10,000 satisfied customers under their belt. They allow you to make online bookings through their website or via phone and collect your stuff from your doorsteps. They also give you the option of a live chat and call back option so you can contact them anytime and get a prompt response from them. Whether you are shifting to a new home or a business that is relocating then, Stored have you covered with packages for business storage and moving.

2. Pick and Move

Pick and Move storage collection and delivery service is one of the best options for those who are looking for a pocket-friendly storage collection and delivery service provider. They offer discounts on their services as well as handy extras such as insurance and free collection facility to their valued customers.

Free collection service is only available for customers who store items for 6 months or more.

They also have some terms and conditions which you must read and agree to in order to use their service. Apart from collection and delivery, they also offer other services such as man and van service, full removal, packing and unpacking service, customer shipping and distribution services as well. All this makes them a one stop destination for all your storage collection and delivery needs.

3.  Storage Collect

Just like every other industry, COVID-19 has also negatively impacted the self storage industry but one company that continues to work as normal is Storage Collect. In addition to offering storage, collection, and delivery services, Storage collect goes above and beyond and even offers packing services as well.

Storage Collect provides free boxes and packing material to its customers. Customers can also book and arrange collections and return them online. They promise timely delivery of your goods and cost you less than other alternatives. Simply put, it makes the delivery and collection process more convenient by taking the pain out of it.

4.  easyStorage

If you want Brighton Self Storage which is not only convenient but costs you less at the same time, then easyStorage should be on top of your list. Customers can enjoy amazing discounts, which makes them a great choice if you are on a tight budget. What makes them stand out from the crowd is their ability to come to users and collect their items instead of being the other way around. With their security seals in place, your valuables stay safe during transit and also during storage. To make the deal even sweeter, easyStorage also bears the cost of fuel and vans.

5.  Attic storage

For those looking for an all in one solution, Attic Storage is a brilliant choice. Wide a broader range of services ranging from business services to moving, they offer something for everyone. Whether you want packaging services, transportation services or want to store your important documents, they can help you out with all of these. Attic storage gives you easy access to your belongings but also give you a warm welcome when you visit one of their self storage facilities. Their prices might not be as low as other competitors but they make up for it by delivering a better environment for storage collection and delivery. That is why most of their customers rate them highly.

6.  Removal Experts

Removal Experts have been around since 2007, making them one of the oldest players in the market. With more than a decade of experience, you can expect them to deliver great service and they never let you down. If you are looking for more personalized and flexible service with transparency and peace of mind then Removal Experts might appeal to you.

Their transparent pay as you go pricing plans differentiate them from the rest of its competitors who follow a different pricing model. Best of all, they will take care of the whole process from start to finish so you don’t have to do anything. Add to that the simple online booking process and you also get the convenience and flexibility you want.

7.  Big Yellow

Another popular name in the UK’s self storage market is Big Yellow. You might be wondering why it is so low on our list. There is a reason for that. It is much more expensive than other options on this list. Apart from storage units, they also sell boxes and also let you hire vans and removals. They also have a flexible office which offers great security.

Conclusion

There are many self storage delivery and collection services in the UK but you should choose according to your needs and budget. If you prioritize the quality of service then you can go for Big Yellow but if cost savings is your priority then Storage Collect and easyStorage is a good option. There are some service providers who specializes in certain things such as moving, packaging, and transportation so if that is what you are looking for, then you should opt for those services to get a much better storage collection and delivery experience.

Which storage collection and delivery company is your favorite and why? Let us know in the comments section below.

How SMEs are Driving Growth in the Logistics Sector of Oman?

Sam Allcock
-
0
How SMEs are Driving Growth in the Logistics Sector of Oman?

Logistics is a prominent business sector that gains prolific profits. While considering the business hike of Oman, logistics play a vital role in fostering the country’s economy. The geographical peculiarities of Oman stimulate the smooth running of the logistics business. The extensive coastlines and the location of Oman stand out as an adequate destination for shipments and transportation. Oman became a bridge between Asia, the Indian Subcontinent, and the Arab world and fixes the active movement of trade between these countries.

While tracing the historical phase of Oman, the Sultanate of Oman gave priority to trade and exploration. From ancient times Oman has had a stronger association with the United Kingdom and still, it continues. With the aid of the United Kingdom, the late Majesty Sultan Qaboos Bin Said Bin Taimur Al Said enthroned into power in the 1970s, and later it was succeeded to his successor Majesty Sultan Haitham bin Tariq Al Said. Back from the ancient time the commercial interest of the UK was rooted in Oman, particularly oil and gas. The growth of GDP witnessed immense broadening during this time by the active exchange of petroleum products, gas products(Khazzan). The ties between these two countries become stronger and healthier by the influence of the ruling regime of Oman. 

For stabilizing and escalating the economy of Oman, the Sultanate emphasized the logistics sector. They provide huge investments in the logistics industry and they tried to mold Oman as the hub of the logistics sector. According to the report of the Central Bank of Oman, the logistics sector is traced as the major contributor to the country’s total GDP (4%). By the investing of local and foreign investors and competitions between logistics companies turned Oman into the hub of logistics. The mission of the country (logistic mission 2040) is to open thousands of job vacancies in logistic services and to grade up the economy. After hydrocarbons logistics became the second benefactor of Oman’s wealth.

By the initiation of ICV or In-Country Value program, the Omani government promotes the blooming and expansion of small scale business or Small Medium Enterprises (SME).

Through nourishing SMEs the government can attain the goal of creating jobs, stimulating skills, and empower local distributors for the roundabout progress of the local economy of the country. The ICV is the total spend held in-country for the upliftment of business, investing in human resources, and nourishing the economy of Oman.

For supporting Oman’s local SMEs and business, international companies particularly UK-based companies show priorities to blend with the opportunities that arise from SMEs. A major share of the projects and contracts are dispersed to SMEs, especially to logistics and chain supply management systems.

Oman witnessed the growth and development of Omani SMEs logistics companies that effectively handle end to end logistics and supply demands of customers. With highly equipped infrastructure and skilled employees, the Omani logistics providers are excelled in their field. Most of the (SME) logistics companies in Oman can provide all the necessities to their client with customer retention. Cheap expenditure and cost-effective features, flexible and timely deliveries, tailor-made solutions, and service make the considerable growth of the logistics sector. SMEs rooted their presence in the world markets by cooperating with foreign companies, through swift responses and direct responsibility. Altogether logistics SMEs are perfectly relevant and pertinent for meeting any customer need, with skillful approaches and experience to handle distribution of packages, Customs clearance and transiting of bulk, oversized cargoes.

ALSI for Marine Services LLC is one such Omani SME logistics company offering customs clearance and logistics services. As an all-around service provisioner, ALSI extends services including Customs clearance of all major airports, borders, and seaports of UAE and Oman. ALSI stands with customers for aiding all kinds of local, domestic, and international logistics by air, sea and road freight. Gathered by a team of skilled professionals with more than 15 years of industry experience permit ALSI to be part of domestic and international exporters and importers with freight shipments.

ALSI was instituted by Mr. Salim Ahmed Mohammed Al Badi in 2008 and only provide Customs clearance services at initials, but after years ALSI evolved as an established end to end logistics service and solution provider. The company engraved its virtuous experience by extending flexible, reliable, and cost-effective domestic and international logistics services, and always stand with clients’ needs and customer retention. In recent times the client base of the company is significantly flourished because of the worthwhile customer service, competitive pricing, and individualized connection with each client. ALSI’s goal is to be a holistic solution for the logistics sector by providing door to door service, risky cargo, or even a time-constrained shipment- ALSI will provide effective service and an effortless shipping experience.

Successful Investor’s Profile: Pavel Eduardovich Melnikov

Sam Allcock
-
0
Successful Investor’s Profile: Pavel Eduardovich Melnikov

The entrepreneur is mainly known in Russia and all over the world as the founder of Vesta LLC, one of the largest Russian companies importing sanitary engineering and its components. But he also owns several subsidiaries, and Valtecб the separate sanitary products brand which includes a full production cycle and quality control testing lab.

Pavel Eduardovich Melnikov registered in Russian state-owned organization ROSPATENT over 100 patents; at least two branches of his business empire consistently remain the absolute leaders in commodity turnover over the last few decades. But how exactly did he manage to reach such success, especially in a very specific area of sanitary engineering producing and sailing?

The beginning of his life and business path

Pavel Melnikov was born in St. Petersburg (former Leningrad city) on August 7, 1964, and graduated with honors from the Leningrad Electrotechnical College in 1983, where he got a specialty on electrical equipment for industrial enterprises and units. After two years of compulsory military service, he entered the Leningrad Mechanical Institute (now it is called the Baltic State Technical University «VOENMEH» named after D.F. Ustinov) specializing in the radio-electronic devices, and graduated from there with honors degree too in 1989.

His first job was the position of computing machines electrician at Burevestnik Research and Production Enterprise. Then he was a dispatcher in a house-building industrial company in his hometown. During this period, Melnikov at first came up with idea to go into the private business in plumbing repair sector. That’s how Vesta LLC was born. Later, he opened Dedal Company JSC, an even bigger company with the same specialization.

But the real success came to Pavel Eduardovich Melnikov only after creating the Valtec trademark, as it was almost completely based on his own innovations and inventions. This brand brilliantly coped with the task of reconciling the peculiarities of sanitary engineering products made abroad with domestic conditions of their use.

Pavel Eduardovich Melnikov and His biggest victories

One of Melnikov’s companies, NovaTerm LLC was created to adjust communications between his local business and Italian manufacturers of heating equipment that he supplied to the Russian market. Over time, it has grown to one of the largest importers of sanitary products from around the world to the Russian Federation. Now, his business is represented throughout Russia, especially in St. Petersburg (which is naturally) and Moscow regions (that’s a new field he won from competitors).

All the products his companies produce are properly licensed and tested for quality in Melnikov’s own testing lab. He makes regular and generous investment in commercial real estate building in St. Petersburg. Plus, he actively develops completely new for his business empire production sites in Serbia, not to mention his participation in operation and development of several plants in China producing sanitary engineering products and components.

5 Tips for Creating a Secure Business Website

ABC Staff
-
0
5 Tips for Creating a Secure Business Website

There are few things that can affect your brand as much as dealing with a major security breach. Having to contact your clients to inform them that their information has been compromised will be all it takes for them to decide not to work with you. You may also be open to lawsuits, which is why having a secure website should be a priority and something you always pay attention to. Let’s take a look at a few ways that you can make your business website as secure as possible.

Choose the Right Platform

If this is an eCommerce website, the platform you choose will make a big difference. Sure, you can always use WordPress, but it isn’t the best option if you want to handle transactions and customer information safely. If you want to sell products, then use an eCommerce platform. Also, make sure that it has a solid reputation for security. Magento and Shopify are two of the best in that category, so if you were looking for a safe and stable platform, you should give both of these a try.

Find Safe Web Hosting

If you want to self-host your website, you have to make sure that the host you pick offers good security. Don’t make the mistake of going for the absolute cheapest option. You want to go with a hosting service that can protect their servers from attacks. Also, look for those who offer additional perks like SSL encryption.

Having SSL will ensure that the connection between your customers’ devices and your website is secure. This is essential for transactional sites, but all websites can benefit from using it, as it can protect your site from data theft and make it less vulnerable to viruses.

Have a Clear Privacy Policy

You need to make sure that you handle your customers’ information correctly and that you have a clear privacy policy on your website. You don’t have to pay someone to create one for you, however. There are many privacy policy generators that you can use. Find a great one for your business, and you could have a perfect privacy policy for your website in minutes.

Be Careful with Passwords

You also have to make sure that you use your passwords wisely and that they’re secure. This is especially important to those of you who are using WordPress due to its one-tiered identification system. 

Hackers use software that can analyze thousands of different password variations in seconds, so don’t make things easy for them. You want to make sure that your passwords are at least 12 characters long and include one number and a symbol. You can use symbols to mimic letters; for example, you could use @ instead of A or a hashtag instead of an H. Make sure that you change your password for every account and database. You don’t want hackers to be able to access everything with just one cracked password.

Be Careful with Plugins

This is again very important for those who will be using WordPress. Add-ons are one of the most common entryways through which hackers or malicious programs can attack your website. So, before you use a plugin, you have to do your research.

Check what people have had to say about it, as well as the number of downloads and the reviews. You should also pay special attention to when was the last time it was updated. If a site has been neglected for a while, this may be a sign that some vulnerabilities haven’t been patched. And you better believe that someone will take advantage of this if given a chance. So, make sure that your plugins are current and updated often.

As you can see, securing your website doesn’t have to be so complicated after all. Making sure that you host it correctly and take the steps to make sure that your customers’ data is protected are the most important steps, but you have to regularly monitor your website and make adjustments so you can constantly improve its security.

The Greatest Challenges For Agriculture For 2021

ABC Staff
-
0
The Greatest Challenges For Agriculture For 2021

The Food Chain Law and the elaboration of a Strategic Plan of the CAP for the distribution of the 47,000 million euros corresponding to the next seven years, constitute the priority objectives of the Ministry of Agriculture for the just begun 2021.

Regarding the Food Chain Law, which prohibits new unfair commercial practices that have a negative impact on prices for farmers and ranchers, a first measure has been to increase the budget.

Thus, the Agency for Information and Control, AICA will have 30% more resources up to 8.26 million. It is an acceptable figure for agricultural organizations if it is intended to increase the means of inspection and reaches all sectors.

Among the new requirements is, since February, the control of the sale prices of a product at source and throughout the chain, which must cover at least production costs. A new legal text is currently being finalized in Parliament to transpose the Community directive on commercial practices.

Despite its mandatory nature, the reality is that in key sectors such as milk, oil, fruit and vegetables or grapes, contracts have been made in the public light below production costs, which has led to complaints from agricultural organizations.

From the Agency, in recent months controls have been carried out on cost prices only in the face of complaints made from an operator. However, no ex officio inspections have been carried out, something that will be done throughout 2021.

With regard to the Strategic Plan, in the last year initial discussions have been carried out with agricultural organizations and the Autonomous Communities to define the criteria on how to distribute the 47,000 million, a figure equal to that of the previous period if it is not discounted inflation.

The project must be completed in the first half of the year, for its presentation in Brussels and for it to be definitively approved in 2022.

There is an almost unanimous agreement between all parties on the need to go to a redistribution of funds to support professionals in the activity, genuine farmers, as well as small and medium-sized farms, with the ceiling of 100,000 euros per petitioner and apply cuts from 60,000 euros.

1...681682683...912Page 682 of 912

ABC Money 2025 - 1st Edition

Magazine - 2025 Edition

Explore the latest insights, trends, and expert analyses in finance with ABC Money 2025. Stay ahead in 2025!

LEARN MORE

Leading news network for crypto, finance and business.

More from ABC

Contact

Contact: advertise@abcmoney.co.uk © ABC Money Team @ 2006

  • bitcoinBitcoin (BTC) $ 86,466.00 1.65%
  • ethereumEthereum (ETH) $ 1,907.10 0.07%
  • tetherTether (USDT) $ 1.00 0.01%
  • xrpXRP (XRP) $ 2.15 0.67%
  • bnbBNB (BNB) $ 605.29 0.45%
  • solanaSolana (SOL) $ 130.63 2.98%
  • usd-coinUSDC (USDC) $ 0.999988 0.01%
  • cardanoCardano (ADA) $ 0.687434 1.32%
  • tronTRON (TRX) $ 0.239374 0.94%
  • staked-etherLido Staked Ether (STETH) $ 1,903.94 0.15%
  • the-open-networkToncoin (TON) $ 3.99 0.87%
  • avalanche-2Avalanche (AVAX) $ 19.42 0.11%