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first_imgIryna Sarnitska, who manages tailor Leonard Jay’s shop on Fenchurch Street, put it bluntly. As the City reopens, small businesses reliant on office workers cross their fingers and hope Right now, he thought that he would have to close his shop, which he has been running for 10 years. “Since we opened again business hasn’t been good – there haven’t been any customers. The first two days were good but business has gone down since then.” Today, for example, he said that he had cut “hardly anyone’s” hair. “People are tired of wearing casual clothes – they want to look smarter again”, she said. “But right now we can only hope”. He added that most of the people whose hair he had cut so far didn’t work in the City – but had come in especially to get a post-lockdown trim. He quipped that Guinness and Peroni had not brewed enough beer as his pub had managed to go through it all already. Before the Open: Get the jump on the markets with our early morning newsletter But for Olli Tugcu, the owner of hairdressers Hair Razor on Fish Hill Street, there’s not much time to lose. “Give us another six months like this and we will close down”, he said. A shot in the arm Others, however, were less sanguine about the situation. When asked about the future, Parker demurred, saying: “It’s too soon to tell. What’s happened over the last year has been unprecedented so it’s not possible to judge it yet.” The vaccine would hopefully make a difference, especially because a lot of Jeffrey West’s customers tend to be of an older demographic who are only now getting their second vaccination shot, she added. Wednesday 21 April 2021 3:43 pm whatsapp whatsapp Leadenhall Market was thriving last week Also Read: As the City reopens, small businesses reliant on office workers cross their fingers and hope Edward Thicknesse Leadenhall Market was thriving last week Also Read: As the City reopens, small businesses reliant on office workers cross their fingers and hope ‘We will close down’center_img “There’s not enough people – in fact, there’s never enough. We can’t be too upset because we’re here, but there aren’t enough customers coming in for us to be happy.” For those that have managed to open their doors again, business has been far from booming as of yet, as Toni Parker, manager of shoemaker Jeffrey West told City A.M.. Run off their feet Drinkers packed into Leadenhall Market on Wednesday afternoon. (Image: CityAM) Though Wednesday lunchtime saw pubs backed with office workers squeezing in a sharpener before the afternoon’s works, a walk around the Square Mile showed many of the smaller establishments that keep the City going – its sandwich shops, tailors, and drycleaners – remain shut. Although the number of people heading into the Square Mile surged last week, as the latest stats from Transport for London (TfL) show, footfall is still a mere fraction of pre-pandemic levels. Leadenhall Market was thriving last week In the longer term Sarnitska said she was hoping that people would have grown tired of home working and its attendant comforts. Last week’s reopening of hospitality and retail was met with cheers across London, but for some small businesses in the City, the future remains far from certain. But in one proud City industry, business certainly seems to be booming again – at the Square Mile’s many pubs. City A.M. was shooed away by several busy publicans dealing with the lunchtime rush in Leadenhall Market, but found the landlord of watering hole The Grapes free for a quick word. “Last week was busy, but it’s been a bit slower for the last couple of days”, said Mike, the pub’s long time owner.  Share “A lot of our clientele are still working from home but are now starting to come back for one day a week, or will be over the next couple of weeks”, she said. Tugcu said he was worried for the future of the Square Mile. “It’s not going to be like it was before”, he said. “Less people will come, and when they do they will only come once or twice a week.” “Business has been quiet so far. We did have a couple of busier days towards the end of last week, but there are definitely a couple more people around now than after the last lockdown. Although the future is still far from certain, Mike said he would take it in his stride. “It is what it is”, he said. “Whatever happens, we’ll be here.” Show Comments ▼ Tags: Coronaviruslast_img read more

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first_img By Gavin van Marle 10/07/2019 © Busakorn Pongparnit Smaller freight forwarders looking to digitise their operations and provide an online customer-facing service received a new option today as freight software-as-a-service (SaaS) provider Kontainers unveiled its new platform.Kontainers Essential is designed to allow small forwarders to set up a website with advanced quotation functionality “in the space of a few minutes”, effectively allowing them to compete with the new breed of digital-first forwarders.“It’s the equivalent of [website designer software] SquareSpace or Wix for the freight forwarding industry,” Kontainers chief executive Graham Parker told The Loadstar today.“It takes no more than a couple of minutes for a forwarder to register with us, upload their logo and then have their own branded e-commerce-capable website for no upfront fee,” he added.Unlike the company’s previous products – Enterprise and Edge – which required significant investment, Kontainers Essential is free to launch, with forwarders then paying $10 per transaction through the platform.Mr Parker explained that the $10 per transaction fee was on a sliding scale, declining if more transactions are put through.“We genuinely believe this product will democratise the freight forwarding industry, because it will give a lot of companies the same tools Flexport and the like enjoy,” he said.“We think over the next decade there will emerge this group of incredible freight forwarders able to use digital tools to automate freight quotes and a lot of those mundane tasks, as well introduce revenue streams such as trade finance and marine insurance, and then focus on creating really inventive supply chains solutions,” he said.And he pointed to the explosive growth, in terms of customer numbers, that digital-first forwarders such as Flexport and Freighthub have experienced as proof of the effectiveness of forwarders having e-commerce capability.“Flexport has gone from zero customers to 5,000 in five years; Freighthub from zero to 1,000 in three years. I think they must be the fastest-growing freight forwarders the industry has ever seen, and that has been achieved through huge investment in technology that has come from raising a lot of venture capital.“But has also acted as a barrier to investment for thousands of other forwarders – and we have now removed that barrier.“This is the release we have been looking forward to since we created Kontainers. The first platform, Konatiners Enterprise was for the top 100 shipping brands; Kontainers Edge was for medium-sized forwarders turning over a couple of hundred million in revenue; but this is for any company with two people upwards… we believe that this product will be for the good of the freight forwarding ecosystem,” he said.He explained that the key difference is that the platforms designed for larger organisations require significant integration with back office systems, as well as ongoing customer support.The first Essential-powered sites are due to go live in September. Initially, the rate quotation system covers sea freight, but will later be extended to the air segment.last_img read more

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first_img Related news Household debt-to-income ratio fell in first quarter: Statscan A new Bank of Canada poll suggested Monday that companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans.The quarterly survey was conducted between mid-August and mid-September — before Canada agreed to an updated North American free trade deal that has alleviated some of the economic uncertainty. But even with the trade-related unknowns still in the picture, overall business sentiment in Canada was running at near-record levels.The upbeat results were released a little over a week before the Bank of Canada’s next policy rate decision, which is widely expected to produce another interest rate hike. The bank carefully studies its forward-looking business outlook survey ahead of rate decisions.The value of the Canadian dollar rose right after the report’s release Monday and analysts said it bolstered expectations governor Stephen Poloz will increase the central bank’s key interest rate target next week. Poloz has raised the rate four times since mid-2017.“Building on an improvement in sales over the past 12 months, firms expect sales growth to increase further,” said the central bank’s report, which is based on a poll of senior managers from about 100 firms.“Reports of better sales indicators for domestic and foreign customers are widespread.”The survey, however, also found that some firms expected their sales momentum to be limited in the months ahead by labour shortages, competition and regulation.On investment intentions, the survey said that in order to keep up with rising demand — including an expected lift in foreign sales — companies indicated they would pump even more money into their operations over the coming year than they had predicted last summer.“Many firms reported increasing investment spending in response to anticipated strength in demand and capacity pressures,” the bank said.The poll also found firms’ hiring intentions for the next 12 months came in lower than previous surveys.The dip followed a steady increase in hiring expectations over the last several surveys, but the report indicated that overall companies were still looking to add workers across regions and sectors.Companies, on balance, reported labour shortages intensified over the past 12 months — with the biggest concerns coming from employers in Quebec.The poll listed jobs in construction, transportation and information technology as the toughest positions to fill.Some companies linked the challenge to the aging population and changing occupational preferences.On exports, a majority of the companies predicted strong growth in U.S. demand over the coming year, mostly because of U.S. tax reforms, higher government spending and a improving energy sector.“While U.S. trade protectionism was cited as a constraint for some firms selling into the United States, most expect to benefit from healthy U.S. household demand and robust U.S. business investment,” the Bank of Canada’s document said.Benjamin Reitzes of BMO Capital Markets wrote in a research note Monday that perhaps the biggest positive in the central bank’s report was that the strong results came before the United-States-Mexico-Canada-Agreement deal was done.“With that significant uncertainty behind us, business sentiment should improve further,” Reitzes said.“It’s all systems go for a rate hike at next week’s policy meeting.”TD economists wrote Monday that the business outlook survey shows “Canadian firms remain bullish on the future.”Combined with stronger than expected growth in the third quarter, Fotios Raptis and Ksenia Bushmeneva said the report “should provide the Bank of Canada with more than enough conviction to move rates higher by another 25 (basis points) next Wednesday.” Andy Blatchford Leading indicators signal steady rebound: OECD Economy lost 68,000 jobs in May Facebook LinkedIn Twitter Keywords Economic indicatorsCompanies Bank of Canada Share this article and your comments with peers on social media Maintaining Profits economic growth chart businessmen illustration retrorocket/123RFlast_img read more

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first_imgRelatedMayor Mckenzie Adds to Call for Compulsory Youth Service FacebookTwitterWhatsAppEmail Mayor of Kingston, Senator Desmond McKenzie, has added to the call for compulsory national youth service for out-of-school young people.Speaking at the closing ceremony for the Emergency Response Training programme on June 17 at the National Youth Service (NYS) training site in Chestervale, St. Andrew, Mayor McKenzie said the high unemployment rate among young people, underachievement at school, and lack of ample training opportunities, have contributed to the escalation of anti-social behaviour among the youth.“I am one who believes that if our youth continue to decline the way they are declining now, where children are becoming mothers and children are becoming grandmothers and grandfathers, then the time has come for the Government of Jamaica to consider compulsory youth service for those persons, who are not in school,” he stated.The many training programmes being offered by the NYS, he argued, including the National Summer Employment Programme, and the Jamaica Values and Attitudes Programme, could assist in changing the anti-social behaviour and high unemployment rate among young people.His Worship the Mayor of Kingston and St. Andrew, Councillor Desmond McKenzie addresses participants of a four-week emergency management training programme, which was organised by the National Youth Service (NYS). Some 275 NYS participants attended the graduation ceremony, held on June 17, at the NYS training facility, at Chestervale, St. Andrew.“Over 150,000 youths are not enrolled in school. These numbers are frightening and this is where your organisation has to come in,” he said, adding that the NYS has been able to reach youth by emphasising behavioural modification, volunteerism, patriotism and career development.Mayor McKenzie commended the work of the NYS in helping young persons, despite financial challenges.“Despite the restrictions created by the shortage of resources, the NYS has been committed to the job of tackling these issues and seeking to make a sound impact on youth unemployment as well as on those who are not enrolled in the school system,” he said.Some 275 young people drawn from several parishes benefitted from the four-week Emergency Response Training course, which was organised by the NYS in collaboration with the Office of Disaster Preparedness and Emergency Management (ODPEM), and other stakeholders. It is aimed at strengthening the country’s disaster mitigation capacity. Mayor Mckenzie Adds to Call for Compulsory Youth Service CultureJune 18, 2009 RelatedMayor Mckenzie Adds to Call for Compulsory Youth Servicecenter_img RelatedMayor Mckenzie Adds to Call for Compulsory Youth Service Advertisementslast_img read more

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first_imgColumbia Pacific Communities signs MoU with Columbia Asia Hospitals Menopause to become the next game-changer in global femtech solutions industry by 2025 Read Article Add Comment Phoenix Business Consulting invests in telehealth platform Healpha MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals News Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” As per agreement, Columbia Asia Hospitals will provide expertise in designing wellness centres at future residential communities, provide training, protocol at Columbia Pacific communitiesSenior living community operator Columbia Pacific Communities has tied up with Columbia Asia Hospitals, to enable its residents to have preferential access to world-class healthcare. As per the agreement, Columbia Asia Hospitals, as the healthcare partner of Columbia Pacific Communities, will provide their expertise in designing wellness centres at all future residential communities and provide training and protocol at Columbia Pacific communities.Both entities are part of US entrepreneur Daniel Baty’s Columbia Pacific Group. Columbia Asia is owned by investment fund International Columbia US group while the Columbia Pacific Group has more than 40 years of experience and expertise in designing, building and managing senior housing communities around the world.“The healthcare needs of senior citizens in India are evolving beyond emergency care and critical treatment. The need of the hour is an efficient geriatric healthcare system with a standard protocol and world-class facilities for mental, emotional and physical wellness of seniors. At Columbia Asia Hospitals, we have just the right expertise and manpower to provide holistic healthcare to senior citizens. We believe this partnership will give residents of Columbia Pacific Communities timely and preferential access to healthcare services tailored to suit their needs”, says Dr Nandakumar Jairam, CEO, Chairman and Group Medical Director, Columbia Asia Hospitals, India.Commenting on the association, Mohit Nirula, CEO, Columbia Pacific Communities says, “Columbia Pacific Communities is committed to redefining senior living in the country by taking care of their overall well-being. Healthcare is the most important need of senior citizens and through this association; we want to make it convenient and easily accessible to our residents in our communities. Columbia Asia Hospitals has a strong presence in India, and they are renowned in the healthcare space.” Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Share By EH News Bureau on September 6, 2019 The missing informal workers in India’s vaccine story Columbia Asia HospitalsColumbia Pacific CommunitiesMoUresidential communitieswellness centres Comments (0) Related Postslast_img read more

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first_img Author Previous ArticleSmartphone prices climb in falling China marketNext ArticleSafaricom chief attacks competition report findings Home India 3 years behind Asian giants on 5G Mobile Mix: Buzzing for Barcelona The Indian government is earmarking a 5G launch in 2022, as the country continues to play catch-up to leading Asian nations South Korea, China and Japan.In an interview with Bloomberg, telecoms secretary Aruna Sundararajan said the 5G roll-out will be complete by 2022, around two-to-three years after powerhouses South Korea, Japan and China launch their networks.South Korea and Japan are planning 2019 launches, with China following in 2020.Sundararajan said India was “not there yet” on 5G, adding it “won’t be driven by supply, it’ll be driven by demand and the rest of the industry needs to wake up to this”.Indian operators are still involved in an aggressive 4G price war, instigated by the entrance of Reliance Jio almost two year ago.Indeed, the country, which is the world’s second-largest mobile market behind China, traditionally lags behind the three Asian markets in terms of launching technology, but there has been a big drive around digital services by Prime Minister Narendra Modi.Deploying 5G will prove a significant step in progressing Modi’s Digital India initiative, with low latency and high-speed broadening internet access in the country, and helping with government plans for smart cities.“If we want smart cities, clearly we need smart infrastructure for it,” added Sundararajan.China aidSanford C. Bernstein analyst Christopher Lane told Bloomberg a slight lag from India on 5G could prove beneficial for the country in the long-run.“India needs China to launch to drive economies of scale and lower 5G handsets,” he said.The Telecom Regulatory Authority of India (TRAI) last week outlined proposals to release 5G-suitable frequency in the 3.6GHz band, but prices are expected to remain high by international standards. Dates for the auction are not yet announced.As part of its 5G launch, Bloomberg added the country is also looking to increase its fibre network rollout to 2.5 million km by 2022, from 1.5 million km currently. Nokia scores Philippines 5G deal with Dito AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 07 AUG 2018 5GIndiaTraicenter_img Telkomsel turns on 5G in major cities Tags Related Asia Kavit Majithia Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more last_img read more

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first_img Airtel, Nokia deploy VoLTE network Tags US Cellular chiefs voice VoLTE ambitions Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 05 OCT 2018 Diana Goovaerts Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more Sprint still gearing up for VoLTE launch by year-end Author VOLTEVoLTE roaming Previous ArticleNokia demos smart city platform in HanoiNext ArticleVerizon severance deal spans quarter of workforce Home Vendors urge ops to overcome VoLTE challenges CCA ANNUAL CONVENTION, ORLANDO, FLORIDA: A panel of equipment vendors noted regional US operators can use VoLTE technology to boost spectral efficiency and recycle old voice spectrum for LTE to meet growing capacity needs, but must first work through technical hurdles related to location-based services.Josh Wigginton, VP of product management at Interop Technologies (pictured, second from right), explained one frequently used VoLTE network roaming model, known as S8 Home Routing, sends all traffic back to the home network for processing. He noted the setup presents a problem for a number of services which rely on location data.“What happens if I’m a Bluegrass Cellular customer and I’m in Puerto Rico, and I call 911? So there is an issue…you need to break out that emergency call local[ly] in the network, but the way it’s designed is everything goes back home.”“If that’s all going back to the [home] network but you’re roaming somewhere else, those are some of the challenges that need to be solved around VoLTE.”Time to adoptTier one operators Verizon, AT&T and T-Mobile US have all deployed VoLTE on their networks, and Sprint recently said it’s planning to do the same by the year-end. But small and rural operators have been slower to adopt the technology.With the VoLTE ecosystem of equipment and devices rapidly maturing, Han Schiet, Nokia’s IMS product management director (pictured, second from left), stressed “the time is now” for operators to take on the upgrade. Huawei VP of sales William Levy (pictured, left) added smaller carriers must deploy VoLTE if they want to remain relevant in the market.Wigginton encouraged operators to begin with lab trials and small proof-of-concept deployments on the network to make sure elements including devices, roaming and handoffs are all working well before launch. By doing so, “you’re solving all those problems in a controlled environment rather than with your subscribers,” he said.Once the upgrade is complete, Schiet said future transitions should be smooth sailing: “Going from 4G to 5G, IMS is virtually unchanged. So going forward we are in good shape, but you have to go over that first bump to get your VoLTE deployed.” Subscribe to our daily newsletter Backlast_img read more

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first_img Nine til Noon Show – Listen back to Monday’s Programme Could Four Lanes Scheme result in years of gridlock for Letterkenny? Facebook Facebook RELATED ARTICLESMORE FROM AUTHOR Arranmore progress and potential flagged as population grows Google+ Twitter By News Highland – November 11, 2019 WhatsApp Loganair’s new Derry – Liverpool air service takes off from CODA Pinterestcenter_img Publicans in Republic watching closely as North reopens further It’s emerged that the Four Lanes Scheme in Letterkenny could take almost two years to complete. The project, which is due to begin next year, will see improvements works carried out between the Dry Arch and Polestar roundabouts.The lengthy projection time of 18- 20 months for works to be complete has in turn caused concern over lengthy traffic delays on what is the gateway into the town.Cathaoirleach of the Letterkenny Municipal District Cllr John O’Donnell:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/11/jertergterterterohn.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Previous articleHorgan to hold talks with Finn Harps boardNext article36 people awaiting in-patient beds at LUH News Highland Google+ Pinterest AudioHomepage BannerNews Twitter WhatsApp Community Enhancement Programme open for applications Important message for people attending LUH’s INR clinic last_img read more

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first_img Disruption to cancer service will increase mortality – Oncologist Twitter Hospitalisations rise as Donnelly suggests masks will stay ’til autumn 45 new social homes to be built in Dungloe Twitter Google+ Pinterest Pinterest WhatsApp Facebook A spokesperson for woodland owners in Donegal has called for a stop to the selling of our states forests.Speaking to Highland Radio, John Jackson stated there was a unanimous agreement among woodland owners that state harvesting rights and forestry lands should not be sold off.Mr Jackson says Donegal has a huge resource which isn’t being realised, and with support, forestry and woodland can make a major contribution to the county’s economy, through employment and renewable energy as well as bringing recreational and environmental benefits….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/03/jhn12.mp3[/podcast] Consultation launched on proposal to limit HGV traffic in Cladycenter_img Donegal hoteliers enjoy morale boost as bookings increase WhatsApp News Google+ Today is the 30th anniversary of Eddie Fullerton’s murder Chairman of the Donegal Woodland Owners Society calls for a stop to the sale of state forests Facebook Previous articleIsland life at risk if ways to boost the fishing sector are not foundNext articleMan charged after attempted armed robbery in Letterkenny News Highland By News Highland – March 30, 2013 RELATED ARTICLESMORE FROM AUTHORlast_img read more

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first_img << Go back New Premium subscriber REGISTER Email* LOGIN Please Login “WiseTech (WTC) share price: Uncovered, but on the radar. Provisional against the odds estimates point to a fair value in the region of A$32. It currently trades (A$27.5 a share) at over 100x sales, ~ 80x ebitda, and over 100x earnings on a forward basis.” – Loadstar Premium, 11 June 2019.Remember the figures/multiples above? Well, in those days – yes, only a month ago – WTC traded at A$27.5.It’s now worth ~ A$9.4bn ($6.6bn), implying even richer projected multiples than ... Reset Your Password Forgotten your password? Please click here Password* Email* By Alessandro Pasetti 11/07/2019 Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Please either REGISTER or login below to continue Premium subscriber LOGIN Resetlast_img read more

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