archiveExecutive vice president Insider

Costa Rica has officially recognized Vietnam’s market economy status, becoming the 73rd country to do so, shortly after the United States declined to grant similar recognition. Several major economies, including Australia, Canada, the UK, Japan, South Korea, and New Zealand, have already classified Vietnam as a market economy. In contrast,...

According to the latest wealth report from real estate consultancy Knight Frank, 2023 saw 2,587 individuals in New Zealand achieving "ultra high net worth" status, defined as having at least US$30 million in wealth. Stats NZ highlighted that in 2021, the top 1% of New Zealand households possessed net wealth...

China and 26 African countries have committed to enhancing their partnerships and fostering innovation in the digital sector. This agreement was solidified during the Forum on China-Africa Digital Cooperation, hosted on July 29 by China's Ministry of Industry and Information Technology in Beijing. Senegal’s Minister of Telecommunications, Alioune Sall, expressed...

A recent Eurobarometer survey revealed that over 95% of citizens in Greece, Portugal, Malta, and Slovenia believe corruption is rampant in their countries. The poll, released on Wednesday, indicated that more than two-thirds of European Union citizens think corruption is widespread in their respective nations. According to the survey, 68%...

Hybe has appointed its current Chief Strategy Officer, Jason Jaesang Lee, as the next CEO, succeeding Park Jiwon, who led the company for the past three years. Park’s resignation marks a significant shift in the Korean entertainment industry. Hybe emphasized Lee’s extensive expertise in strategic planning and operations, both domestically...

To state the obvious, a surefire way to improve productivity and employee engagement is the holy grail all companies are looking for. At a conceptual level, the need to improve productivity and engagement seems so simple, blatantly obvious and easily achievable. After all, as human beings we have been programmed...

As of January 2024, internet connectivity in Latin America and the Caribbean has seen remarkable growth, with over 90% of residents in the Bahamas, Costa Rica, Antigua & Barbuda, and Chile being online, placing these countries at the forefront of internet access in the region. Similarly, more than 85% of...

Battery-electric car registrations in the European Union fell by 1% last month, totaling 156,408 units, according to the European Automobile Manufacturers' Association (ACEA). This decline resulted in a market share drop from 15.1% to 14.4% compared to the same period last year. Despite the overall decline, several countries reported significant...

Cross-border payments are gaining significance in international economies. According to the 2024 Financial Services Consumer Survey by GlobalData, around 63% of global consumers use international real-time payments (RTPs) to send money to family and friends, while 51% use them to pay for goods and services. The G20 has laid out...

The development of offshore wind energy along the U.S. East Coast has led to a surge in port investments, with the Oceantic Network reporting $4 billion in new projects. These investments are creating thousands of jobs in building significant infrastructure. The Oceantic Network has identified 25 U.S. ports actively involved...