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Associate Professor Chario Vithurapakorn, Deputy Chief Executive Officer of Eastern Polymer Group Public Company Limited (EPG), a leading global manufacturer and distributor of polymer and plastic products, said the International Monetary Fund (IMF) projects global economic growth of 3.2% in 2024-2025. The global economic recovery is slow but steady, with regional variations. Global inflation is expected to continue to decline, but is subject to pressure from rising interest rates and protracted geopolitical conflicts. These factors pose challenges to EPG's global operations. In fiscal year 2024/2025 (April 2024 to March 2025), the company will focus on the following businesses: Achieving organic…

Chase offers the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®However, Chase cards have even stricter application rules, known as the “5/24 rule.”Here's how it works: If you've opened 5 or more credit cards from any bank in the last 24 months, you can't get a Chase credit card. It's tough, but there are ways around it. For example, business credit cards from most other banks don't show up on your personal credit report and therefore don't count toward your 5/24 count. The exceptions are Discover and Capital One, whose business credit cards do count toward your 5/24 count.Chase's small…

These days, there’s no question brands should market their businesses on social media. Having an online presence on popular social networks is a must. But it isn’t enough to slap up an idle account or sporadically post static images.  The average person spends 147 minutes per day on social media. That’s more than two hours of attention dedicated to posting and consuming content. Brands who want a piece of that attention need a solid social media strategy to stand out in users’ feeds. Ahead, learn how to market your business on social media, with examples from successful brands and tips…

Economists traditionally view fluctuations in economic variables as structural and long-run or cyclical and short-run. In the analysis of economic activity, we distinguish between potential output and business cycle fluctuations, while labor market economists often distinguish between natural and cyclical unemployment. Scholars analyze structural and cyclical factors separately, even within different disciplines such as growth theory and business cycle analysis. Moreover, this short-run/long-run distinction extends beyond output and employment to other macro-financial variables. Among these variables, capital flows are particularly important for emerging market and developing countries (EMDEs). For example, in these countries, capital outflows can bring about a sudden…

Businesses have long used social media as a marketing tool. Each has its own benefits, depending on your brand, audience, and goals. Instagram in particular is an ideal platform for gaining brand awareness—but with a business account, you can do so much more. Users increasingly turn to Instagram and other social networks for product and brand discovery. Instagram is no longer a place to scroll idly past beautiful imagery—it’s a powerful tool for surfacing products to eager buyers.  Ahead, learn how to set up an Instagram business account, choose the right account type for your brand, and leverage features to…

Toast's Chief Financial Officer, Elena Gomez, joined the Boston-based company a few months before it was scheduled to go public. She had just five months to meet with investors, build relationships with the board, determine talent needs before the IPO and in the years after, and help develop a story and strategy for the restaurant automation provider that would stand the test of time. In a keynote address at the CFO Leadership Council's spring conference in Boston on Wednesday, Gomez spoke about key moments and struggles before and after the $3.9 billion company went public, and what other CFOs can…

Nike is focusing on its branded digital training platforms, specifically Nike Training Club and Nike Run Club. Photo by Thomas Seller/Unsplash The COVID-19 crisis has forced many brands, such as Nike, to make necessary adjustments to their business plans, and the American company is doing so through a four-stage business plan that incorporates its e-commerce and supply chain expertise. According to Nike CEO John Donahoe, the sporting goods company will take corresponding steps: contain, recover, normalize and return to growth — the exact same steps Nike took when the crisis first erupted in China. Nike reported in January: Over 5,000…

Sundaram Mutual believes the market turmoil is not over yet, even though its shares plunged 6% following the unexpected election result before recovering 3% on Wednesday.Anand Radhakrishnan, CEO, Sundaram Mutual, said some sectors such as infrastructure and capital goods have soared in the last few years and while the momentum has subsided a bit, market valuations remain high.Given the heightened uncertainty, mutual fund investors should temper their expectations and remain focused on getting above-inflation returns from equity investments, he added. He has launched a unique cyclical-themed fund that opens for subscription on Wednesday and closes on July 1.The fund will…

Sundaram Mutual has launched a new fund offering (NFO) called Sundaram Business Cycle Fund, an open-ended equity scheme aligned with a business cycle-based investment theme. “Themes are powerful drivers of economic change and have the power to transform the way we live and work. By participating in them at the height of their popularity,”This cycle has the potential to lead to significant growth and long-term gains,” Sundaram Mutual said in a statement. Commenting on the launch of the Sundaram Business Cycle Fund, Sunil Subramaniam, Managing Director, Sundaram Mutual, said: “Themes create business cycles which in turn create significant investment and…

Tokyo-based Kyokuyo plans to continue expanding its overseas operations following its fiscal 2023 report which showed rising profits despite falling sales. Kyokuyo expects sales of 261.6 billion yen (US$1.67 billion, EUR1.55 billion) in fiscal year 2023, down 10.5 billion yen (US$67.8 million, EUR62 million), or 3.9%, from sales of 272.1 billion yen (US$1.76 billion, EUR1.61 billion) in fiscal year 2022.The company said the drop was mainly due to lower sales of seafood. By division, the seafood and fresh food businesses were the main contributors to the decline, while the processed food business saw sales increase by 9.95 billion yen (US$64.3…