Tag: Economic

I hate cheap gifts because they make no economic sense

Africa Entertainment News of Sunday, 27 September 2020

Source: legit.ng


Nollywood actress OluchyNollywood actress Oluchy

Nollywood actress, Sylvia Oluchy, recently took to her Twitter page to share her take on gifts

The film star explained that she hated cheap gifts

According to her, they make no economic sense because the receiver would only say ‘thank you’ but not appreciate them and probably trash them later

Nollywood actress, Sylvia Oluchy, has been known to share her interesting take on issues on Twitter and she recently took to the microblogging site to speak on gifts.

The movie star explained that she hates cheap gifts because they make no economic sense. According to her, the receiver of the gift would not appreciate it and would trash it later. She said it leaves no sentimental gratitude.

In her words: “I hate cheap gifts. No, this is not a bourgeoisie mentality. Cheap gifts make no sense

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New economic recovery plan for Bay County aims to make the community stronger

BAY CITY, MI – A group of area leaders gathered online this week to present a plan to address economic recovery in Bay County following the coronavirus pandemic.

Bay Future, Inc. hosted its 2020 annual meeting on Wednesday, Sept 23. Members of the Bay Future Economic Recovery Task Force presented information about the ‘Bay Future: Drive. Forward. Strategic Action Plan’ which aims to set a roadmap for recovery of the Bay County economy in the next two years.

The original Bay Future plan was launched in 2019 as a five-year, $2.5 million campaign in hopes of adding jobs and investment to the Bay County area. The original plan focuses on the areas of helping existing businesses and entrepreneur development, new business recruitment and job growth, workforce development, marketing available “shovel ready” locations and sites, and promoting local and regional communication and collaboration.

But times have changed as the economic situation

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Pandemic top economic challenge but the pain is not evenly spread: CPA Canada Business Monitor (Q3 2020)

TORONTO, Sept. 22, 2020 /CNW/ – A majority of Canadian business leaders consider the effects of the COVID-19 pandemic the number one challenge hindering the country’s economic growth, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada).

About half (52 per cent) of respondents cited the pandemic fall out as the top economic challenge; much greater than the next identified factor. However, the findings of the latest CPA Canada Business Monitor (Q3 2020) also revealed that not all businesses are feeling the pain. While the majority of professional accountants in leadership positions surveyed (58 per cent) reported decreased revenues for their organizations since the start of the pandemic, 20 per cent also reported unchanged revenues while 21 per cent reported increased revenues.

Optimism among the survey participants regarding the Canadian economy sits at 17 per cent which is  dwarfed by those expressing a pessimistic

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Big Sky Economic Development finalizes plans for Billings business incubator | Local News

Big Sky Economic Development

Becky Rogers, left, and Steve Arveschoug, right, of Big Sky Economic Development, talk with Joel Frushone, center left, of the U.S. Economic Development Administration, and Anthony Foti, center right, of the U.S. Department of Commerce, before a roundtable discussion in the former Montana National Bank building in downtown Billings on Tuesday.

Joel Frushone with the U.S. Economic Development Administration and Anthony Foti with the U.S. Department of Commerce toured the building on Tuesday and spoke to local entrepreneurs about struggles and opportunities in Billings.

All of them agreed that making connections with business owners and experts is an important step to business development.

Chantal Hale is the founder of Malax Massage, a mobile massage platform that allows clients to get a massage where they want and when they want. She said that if it weren’t for an event through Rock31, she wouldn’t have met her developer

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Loss of RBG could make agreement on stimulus package more difficult, hurt fragile economic recovery | Business

(CNN Business) Just when you thought 2020 couldn’t get any more chaotic, the death of Supreme Court Justice Ruth Bader Ginsburg set off a political earthquake that could rattle the fragile economic recovery.

At a minimum, the loss of RBG is yet another wild card for investors, CEOs, small business owners and consumers already challenged by enormous amounts of uncertainty.

The Supreme Court vacancy is shaking up the previously stable battle for the White House, not to mention control of the US Senate. Political crystal balls just got much murkier, with differing opinions on which party benefits the most from the developments.

Worse, the fight over how and when to replace Ginsburg, a hero of Democrats, will suck up oxygen in Congress at a time when the economy is screaming out for more emergency aid from Uncle Sam.

“We don’t see how the parties can reach a stimulus deal in

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Va. Beach Economic Development, 1701 Coworking select entrepreneurship program participants

Program provides training in hiring, strategic planning, business practices

Virginia Beach Economic Development and Virginia Beach-based 1701 Coworking announced Friday it has selected two participants for its three-month Entrepreneur-in Residence (EIR) program. 

Kate Johnson with Heritage Business Services and freelance educator Meghan Raftery were selected for the program, which provides training in hiring, strategic planning and other business practices. 

“The entrepreneurial spirit is alive and well in Virginia Beach,” Virginia Beach Economic Development Business Development Coordinator Ray White said in a statement. “The city’s partnership with the 1701 EIR program continues to provide a platform through which locally grown and owned new businesses prosper. The support the program lends to individuals working toward self-sustainability is exemplified by the quality business entities that develop in this coworking space.”

Johnson owns Heritage Business Services, working as a virtual bookkeeper serving local and national clients. The

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Majority of business leaders agree the federal wage subsidy is a sound investment in Canada’s economic recovery: KPMG in Canada poll

While leaders split on who should receive the temporary subsidy, digital investments seen as priority in adjusting to pandemic realities

TORONTO, Sept. 21, 2020 /CNW/ – A majority of Canadian business leaders surveyed (76 per cent) believe the recently redesigned Canada Emergency Wage Subsidy (CEWS) is a good investment to get Canadians back to work and help the economy rebound, finds a new client poll by KPMG in Canada. 


“Our clients have told us that the federal wage subsidy program is helping them not only to retain their employees, but also to cope with pandemic-related costs and rehire workers who have been laid off,” says Lucy Iacovelli, Canadian Managing Partner of KPMG’s national Tax practice. “While there has been an upturn in the economy, many Canadian business leaders are still uncertain about what the coming months will bring, and welcome continuing support

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Neighborhood revitalization, economic development top priorities in District 5 Metro Council race | News

The two candidates running for the District 5 seat on the East Baton Rouge Metro Council both say neighborhood revitalization and small business development would be top priorities if they’re elected come November.

The district, which is currently represented by councilwoman Erika Green, covers much of north Baton Rouge and stretches from Monte Sano Park and Zion City through Merrydale and into Monticello. Its population is 88 percent Black and 9 percent White. 

Green, 35, a Democrat, was first appointed to the seat in 2016 after her predecessor, Ronnie Edwards, was elected to the statehouse. She later won reelection and she says she is running again to complete the work she’s started. 

She’s facing off against Darryl Hurst, a small-business owner who describes himself as a solutions-oriented problem solver, interested in strengthening families and filling in the gaps he’s encountered in his role running a sports-oriented nonprofit.

“I believe that

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Williston Economic Development, Small Business Development Center celebrate partnership | Local News Stories

The Williston City Commission approved a Williston STAR Fund Community Growth/Build grant for the Small Business Development Center, a component of Williston State College.

This grant, which was approved for up to $45,000, marks the sixth anniversary of the City of Williston’s partnership with the SBDC. The partnership began in 2015 when Williston Economic Development, the SBDC and the Tri-County Regional Development Council (TCRDC) launched a plan to be housed under one roof at the City of Williston Center for Development.

The Center for Development is also home to the Williston Convention and Visitor Bureau, Williston Development Services, Williston Building Safety and Williston Planning and Zoning. This “one-stop shop” for community development services has served the community by helping hundreds of local entrepreneurs start, manage and grow their businesses during the past five years.

“Everyone under one roof is a winning formula,” WED Executive Director Shawn Wenko said in a

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Depasquale Tours Harrisburg Businesses Facing Down Pandemic Economic Woes

Sept. 20, 2020

To Anya Lumpkin-Queen, COVID-19 isn’t the only disease spreading like wildfire across the United States.

Lumpkin-Queen, who co-owns Queen’s BBQ in Harrisburg, and her husband Titus Queen, also see a virus of rancor and anger spreading among their fellow citizens. It’s most obvious every time someone yells about a mask requirement at a grocery store.

“If I tell you ‘hey, I don’t want you coming in because I don’t want to get anyone else sick,’ why are you mad?'” Lumpkin-Queen said Saturday.

And the source of this other pandemic, she said is clear: Washington D.C. and its dysfunctional politics.

Lumpkin-Queen’s story was one of many Democratic 10th Congressional candidate Eugene DePasquale, masked up, heard from small business owners hawking BBQ, habañero beer, and edible cookie dough during a morning jaunt through midtown Harrisburg.

The half dozen entrepreneurs he spoke to, from an art house movie theater

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