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Pet owners spend S $400 a month on pampering pet
... ownership in the world more than doubled compared to 2019 according to one estimate. Pet care was already one of the fastest growing industries in the world before the epidemic. The sector is expected to exhibit an annual growth rate of 6 per cent between 2021 ... ... willing to spend a lot of money on their children. In that regard, a pet can be a bit of a substitute, said Richard Skinner, retail and consumer leader at PwC Singapore . My wife spends more on the dog's hair cut than I can spend on my own haircut. He added that we see ...
Updated: 02/09/2022
Mortgage Bankers Association speaks to Mike Flood ahead of major commercial real estate conference
... What is the state of the commercial real estate market today? Mike Flood: I think overall status is very positive - there is lots of liquidity in the marketplace and that marketplaces are good, outside of trying to work through obvious challenges with retail and hotel. You have lenders with good liquidity who have managed their portfolios well throughout the crisis. Multifamily is doing well, and so is industrial. This is going to be one of the leaders coming out of the recovery. The cost of supply chain disruptions and labor shortages have resulted in new construction burdening the residential side of the real estate industry. MF: We make sure that you have enough people to work on construction ...
Updated: 02/08/2022
InvestorWire: Save Foods to treat citrus fruit
... Mehadrin's goal to export high-quality produce using as few fungicides as possible and to continue to drive down produce waste for retail customers. Dan Sztybel, Chief Executive Officer of Save Foods Ltd., said we are proud that a company of Mehadrin s caliber ... ... their packing houses. I am certain that Save Foods treatments will help Mehadrin in maintaining its position as an industry leader. I am confident that our partnership geared towards treating citrus fruit will lead to more opportunities to treat other ...
Updated: 02/08/2022
Adani Wilmar IPO: analysts say stock to be listed on February 8
... received bids for 212.87 crore shares against the IPO size of 12.25 crore equity shares on January 31. The portion allocated for retail investors was subscribed 3.92 times. The employees' portion received 51% of the total bids reserved for them. Non-institutional ... ... established itself as a brand in the FMCG sector, said Aayush Agrawal, Senior Analyst, Swastika Investmart. The company is a leader in branded edible oils and packaged foods in India . The IPO has a PBV of 7 x and a PE of 36 x on its FY 21 earnings, ...
Updated: 02/07/2022
F 1 Grand Prix 2021: Tourism industry will benefit Singapore
... Prix will also be felt by other sectors outside tourism. The event will create businesses for local businesses and jobs for locals, from contract-based contracts to part-time work, according to Dr Chiam and Mr Cassim. The F 1 race will benefit the F&B, retail, and transport sectors. The medical sector and the business networking opportunities that the event will provide to the various industries and sectors in Singapore are some of the other potential beneficiaries, according to Mr Cassim. On the other hand, the sports business group leader at Deloitte Southeast Asia , said that the length of the renewed contract brings up some interesting new partners outside those industries that have traditionally benefited from the event. He said that the seven-year duration is in part due to ...
Updated: 02/05/2022
BetMGM launches sportsbook connected to NationalsPark
... stadium in Washington Nationals Nationals Park . The exclusive relationship with the Washington Nationals allows them to offer a retail environment for sports betting, according to Adam Greenblatt, CEO of BetMGM. Venue-based betting accessed a different audience.... ... market-leading sports betting and gaming entertainment company that pioneered the online gaming industry. Greenblatt predicted that leaders in the sportsbook space would emerge, consolidating the group by the end of 2022.
Updated: 02/02/2022
India to auction 5 G airwaves this year
... finance minister talked about fiberization of all villages by the year 2025, said Peeyush Vaish, partner and telecom sector leader at Deloitte India . In late last year, India 's federal government backed out of its cash-strapped telecoms sector by ... ... the country's three main carriers - Vodafone Idea, Bharti Airtel and Reliance Jio . Jio , the telecoms venture of oil-to- retail conglomerate Reliance Industries , has previously said it will be the first carrier to launch 5 G services in India . Google is planning to invest ...
Updated: 02/01/2022
Budget boost for rural economy
... adding 80 lakhs affordable homes, which will benefit the consumer electronics industry, he said. Kumar Rajagopalan, CEO of Retailers Association of India said that the DESH STACK e-portal for skilling, re-skilling and up-skilling through online training will benefit various industries including retail, where there is a need for quick onboarding of skilled talent as it is a labour intensive sector with ... ... overall amount of waste, especially for perishables, which is a big concern in retail. According to EY India , Partner National Leader Consumer Products Retail sector, Angshuman Bhattacharya, said consumer goods companies could expect an increase in consumption ...
Updated: 02/01/2022
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