Author Archives: Ginger

The U.S. economy is in recession. Take a look outside your window and this reality is plain to see. Businesses are closed, traffic is nonexistent. Efforts to contain the spread of the novel coronavirus have resulted in a forced stoppage of economic activity. First quarter GDP data published Wednesday confirmed this slowdown. Economic growth contracted at an annualized rate of 4.8% in the first quarter of the year, a drop in activity that marks the largest since 2008. Many economists expect revisions to this data will show an even sharper first quarter drop in the coming months. Second quarter GDP will be more shocking, with economists widely forecasting declines in growth in excess of 30% or 40%. But unlike recessions that result from excesses in the economy, this recession is a choice. “The forceful measures that we as a country are taking to control the spread of the virus have…

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Fraser and Neave is investing more than S$80 million to build a food and drinks facility in Tuas, in a move that will consolidate most of its non-alcoholic beverage operations in Singapore under one roof. The 375,000 sq ft F&N Foods facility is to be the innovation centre of the F&N Group, and help the company accelerate the translation of ideas and concepts into finished products. It is scheduled for completion in the second half of 2021. The new facility will also help F&N – maker of the 100PLUS, Magnolia and F&N brands – address the evolving needs of consumers, including the demand for healthier products. “F&N has launched zero sugar variants of its 100PLUS, F&N Orange and F&N SARSI drinks, as well as low- and no-sugar versions of its chilled Fresh Soya Milk brand NUTRISOY,” said Dr Beh Swan Gin, chairman of the Singapore Economic Development Board, at the…

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Maybe almost everyone dreamed of becoming a big and successful businessman. But did you know that only a small percentage really reached that dream? The reason you hear most often is simple, namely pioneering and managing your own business is not as easy as imagined. Apart from having to have a strong mentality, there are other important things that must be prepared so that the results are maximized such as Business in what field, “finance“, and much more. The following are very important business tips for you to pay attention to: 1. Confidence Focus on your thoughts and abilities. If there are still feelings or thoughts that are not sure when starting a business, you will be more easily dropped by the situation. Not the success you get, but the business you build actually stops halfway. Confident and confident is the initial capital to build a business. 2. Determine the…

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