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Much-Awaited IPO Stokes Thai Food Tycoon’s Appetite For Growth

Pananalapi　　Inaabangang IPO Stokes Ang Gana ng Thai Food Tycoon Para sa Paglago　　25 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Mag-subscribe sa Forbes Asia　　Vasit Taepaisitphongse, CEO and president of Betagro.　　Courtesy of Chaivat Taepaisitphongse　　One of Thailand‘s most-awaited IPOs of 2022 was that of Betagro, an agri-food conglomerate controlled by Chaivat Taepaisitphongse. The November listing, the country’s second-biggest, raised $575 million and propelled the patriarch back into the ranks of Thailand‘s richest after a two-year gap. He’s at No. 30 with a net worth of $1.2 billion.　　Betagro now has its sights set on becoming a leader in the global food industry. The company plans to pump some of the IPO proceeds into ramping up production and building more farms and factories in Thailand and overseas—in Laos, Cambodia and Myanmar. Betagro, which sells its products domestically and exports to more than 20 countries, will also introduce new products such as ready-to-eat meals. “Betagros strategy to expand into value-added products and in overseas markets will drive profit growth and allow it to sustain margins at high levels,” says Prasit Sujiravorakul, a Bangkok-based equity research analyst at Bualuang Securities.　　Chaivat Taepaisitphongse.　　Courtesy of Chaivat Taepaisitphongse　　Betagros 2022 net profit surged almost eightfold year-on-year to 7.94 billion baht ($230 million) as

2023-07-06Industriya

Thailand Wealth Creation 2023: Take Off

Pananalapi　　Thailand Wealth Creation 2023: Take Off　　22 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Mag-subscribe sa Forbes Asia　　While inflation and the war in Ukraine weighed on Thailand‘s post-pandemic momentum last year, tourism’s quickening recovery is set to fuel GDP growth in 2023. The countrys tourism ministry sees the number of international visitors nearly tripling to 30 million from a year ago, though arrivals will remain below 2019 levels. Following relatively subdued 2.6% growth in 2022, GDP is expected to expand 3.6% this year and 3.8% in 2024.　　Tourism-led retail sales growth and a projected increase in Thailand‘s consumer spending are also seen improving the economic outlook. However, ballooning household debt, which reached 87% of GDP in the fourth quarter of 2022, remains a worry, with Thailand’s central bank signaling in February a need to bring debt levels down to below 80% to lower financial risk. Thailand has one of the highest household debt to GDP ratios in Asia (third after South Korea and Hong Kong), according to Bank for International Settlements data. In welcome news, inflation is expected to ease this year as food and energy prices stabilize following a sharp increase in living costs in 2022.　　Political uncertainty after Thailand‘s recent general election—with

2023-07-06Industriya

Pentagon Tightens Classified Information Procedures In Response To Discord Leak

Pananalapi　　Hinihigpitan ng Pentagon ang Mga Pamamaraan ng Klasipikadong Impormasyon Bilang Tugon sa Discord Leak　　19 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Topline　　Months after an embarrassing leak of military secrets on the online messaging platform Discord — and a manhunt that resulted in the arrest of a National Guardsman — the Pentagon released a review of its policies that identified areas for the Pentagon to tighten procedures regarding classified information.　　Defense Secretary Lloyd Austin, right, stands next to President Joe Biden on the South Lawn of the　　Copyright 2023 Ang Associated Press. Nakalaan ang lahat ng mga karapatan.　　key Katotohanan　　The review, commissioned by Defense Secretary Lloyd Austin, did not find any systematic failure, but did outline updates to the Department of Defenses procedures.　　Those updates include keeping better track of who has access to classified materials and how those materials are stored.　　That means creating a centralized tracking system as well as a “Joint Management Office” to identify threats to classified information and having every facility with classified materials report to the Office of the Director of National Intelligence.　　Department of Defense officials were instructed to validate that all their staff with access to classified information still need access to that information and that their nondisclosure agreements were

2023-07-06Industriya

Web3 projects lost nearly $314m in Q2, CertiK research shows

Tech　　Nawala ang mga proyekto sa Web3 ng halos $314m sa Q2, mga palabas sa pananaliksik ng CertiK　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　CertiKs Q2 2023 Web3 Security report highlights a decline in volume lost to malicious actors in the blockchain ecosystem, significant off-chain events, and vulnerabilities in major protocols and applications.　　Bad actors still targeting web3 projects　　The recently released Q2 2023 Web3 Security report by CertiK, a blockchain security and auditing company, sheds light on the scams, rug pulls, and security breaches that occurred in the industry during the last quarter.　　According to the report, malicious actors drained $313,566,528 from web3 companies during the months of April, May and June in 2023. Surprisingly, this figure closely mirrors the $320 million lost in Q1, indicating a relatively consistent trend in the face of emerging security challenges.　　However, the data shows a positive outcome when comparing the current figures to those of Q2 2022 — the industry witnessed a 58% decrease in value lost to bad actors during the same period last year.　　CertiKs analysis of 212 security incidents in the second quarter of 2023 found that the average financial loss per attack amounted to $1,479,087. This figure is slightly lower compared to the average

2023-07-06Industriya

Morgan Stanley (MS Stock): Dividends & Buyback Announcement

Pananalapi　　Morgan Stanley (MS Stock): Dividends at Buyback Announcement　　16 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The financial holding company Morgan Stanley announced raising quarterly dividends from $0.775 to $0.85 per share. MS stock has risen by 1.18%. The rise is expected to be declared after the Board of Directors meeting scheduled in Q3 2023. The board also authorized a multi-year common equity share repurchase program for around $20 billion in Q3 2023. However, an expiry date of this program was not revealed.　　Morgan Stanley (MS Stock) – Financial Analysis　　Many institutional investors and hedge funds altered their stakes in Morgan Stanley. Jackson Square Capital LLC reduced its position by 37.7% in Q1 2023. They sold 2,019 shares, with their current holdings worth $293k. Geode Capital Management LLC raised stakes by 0.4% in Q4 2022, with the current value of their holdings coming up to $1.97 billion. Norges Bank also bought a new position worth $956 million.　　Seth Carpenter, an analyst at Morgan Stanley, stated on July 3, 2023, that the United States would be able to steer away from the upcoming recession. Furhtermore, the central banks could bring inflation to 2% without many job cuts. The Federal Reserves annual also gave positive scores to

2023-07-06Industriya

Fifty Fifty Ties Blackpinks Record On Billboards Pop Chart

Pananalapi　　Fifty Fifty Ties Blackpinks Record Sa Billboards Pop Chart　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　SEOUL, SOUTH KOREA – APRIL 13: Sio, Saena, Aran at Keena ng South Korean girl group na Fifty Fifty　　Fifty Fifty have established themselves as one of the top breakout new acts of 2023 with their hit single “Cupid.” Not only has the song achieved worldwide success, but it has also made significant waves at radio in the United States—a feat that is rare for South Korean acts. Now, “Cupid” has once again held its ground on an important chart, allowing the band to tie with another beloved act from their home country.　　This week, “Cupid” climbs to No. 13 on Pop Airplay chart, which ranks the songs that reach the largest audience on pop radio in America. While the rise from No. 14 is slight, the position is not the most important aspect this week.　　What sets “Cupid” apart from other tracks by South Korean female stars is its longevity on the Pop Airplay chart, as the tune has now spent a total of eight weeks on the chart. While this may not be an extraordinary feat for well-established Western pop stars, it is historic for Fifty

2023-07-06Industriya

Without Superstars, MLB All-Star Game Ticket Prices Are Falling But Still At Record High

Pananalapi　　Without Superstars, MLB All-Star Game Ticket Prices Are Falling But Still At Record High　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Outta There: Aaron Judge, last years American League MVP, is one of several marquee players sitting out the All-Star Game with an injury.　　With Aaron Judge, Mike Trout and Clayton Kershaw injured, the game is turning into a Midsummer Bummer.　　Ticket prices for the 2023 MLB All-Star Game on July 11 at Seattle‘s T-Mobile Park are the most expensive in recent years—ranging from about $400 for standing room only to some $5,000 for field level seats on the secondary market. But with the absence of superstars Aaron Judge and Mike Trout, who are on the disabled list, and with Shohei Ohtani expected to be limited to designated hitter, those prices have dropped faster than a Clayton Kershaw slider over the past week. And he’s out of the All-Star lineup as well.　　The Yankees placed Judge on the injured list on June 6 after a freak toe injury, while the Angels placed Trout on the 10-day injured list yesterday due to a fractured hamate bone in his left hand that he suffered Monday night against the Padres. Kershaw, the Dodgers ace who was putting

2023-07-06Industriya

Matisse Thybulle Intends To Sign Offer Sheet From The Dallas Mavericks

Pananalapi　　Matisse Thybulle Intends To Sign Offer Sheet From The Dallas Mavericks　　38 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　PORTLAND, OREGON – MARCH 29: Matisse Thybulle #4 of the Portland Trail Blazers looks on during the　　Portland Trail Blazers restricted free agent forward Matisse Thybulle intends to sign an offer sheet from the Dallas Mavericks, according to TNT and Bleacher Report reporter Chris Haynes.　　Thybulle played 22 games with the Blazers last season — all starts — after being traded to Portland by the Philadelphia 76ers as part of an extensive four-team deal involving the Charlotte Hornets and New York Knicks. He averaged 7.4 points, 3.5 rebounds, 1.4 assists and 1.7 steals in 27.7 minutes with the Blazers.　　Its unclear how much the Mavericks are offering Thybulle. Dallas still has all or most of its Mid-Level Exception to use, depending on how it structures its existing contractual agreements with free agents.　　A four-year, max MLE deal for Thybulle would net him upwards of $53.3 million for the duration of the contract. Using the full MLE on Thybulle would financially bind Dallas if they intend to pursue other free agents. The Mavericks would only be able to offer minimum deals.　　However, because Thybulle is a restricted free agent,

2023-07-06Industriya

Legal Expert Reveals The Odds Of A Spot Bitcoin ETF Approval In 2023 ⋆ ZyCrypto

The crypto community is closely monitoring the likelihood of the U.S. Securities and Exchange Commission (SEC) approving a spot Bitcoin Exchange-Traded Fund (ETF) in 2023, even as more institutions continue to apply for the product.　　In a recent interview with prominent crypto media journalist Andrew Throuvalass, pro-Bitcoin lawyer Joe Carlasare shared his expert insights on the matter, projecting the likelihood of approval to be in the range of 30% to 40%. Carlasare highlighted two of the most prominent institutions to apply for a Bitcoin spot ETF in his analysis, including BlackRock and Grayscale.　　BlackRock, a leading investment management corporation, recently confirmed its collaboration with Coinbase, the largest spot Bitcoin exchange in the United States, in its renewed application for a Bitcoin spot ETF. However, despite Coinbases prominence, Carlasare raised concerns that the SEC may question whether it represents a “sufficient size” market for establishing an ETF.　　Given that a significant portion of spot trading volume occurs outside the U.S., the collaboration with Coinbase may not meet the SECs requirements.　　said the Illinois-based lawyer.　　Carlasare then highlighted the lawsuit filed in 2022 by Grayscale against the SEC over the denial of an application to convert Grayscales Bitcoin Trust to an ETF. He emphasized that even if

2023-07-06Bitcoin

Ethereum Whale Transactions Jump Over 50% As ETH Eyes $2,000

Ethereum　　Ang mga Transaksyon ng Ethereum Whale ay Lumampas sa 50% Habang Nakikita ng ETH ang $2,000　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum whales have been ramping up their activities on the blockchain as it eyes an important level. This time around, their recent spike in activity has been in the form of transactions. These whale transactions which are carrying at least $100,000, making it so only large holders could be behind the transactions, have been on the rise.　　Mostly, the Ethereum whales ramped up their activities following ETHs price increase over the last week. The first spike was noticed after the crypto broke above $1,900 and as it has continued to maintain this level, there has been more consistency among the whales.　　IntoTheBlock data shows that ETH whales have doubled their transaction counts over a few days. This increase saw their total transactions go from 2,120 to 3,230 in two days. This jump in number of transactions translates to an over 54% increase in just 48 hours – from July 2 to July 4. In a 7-day period, almost $20 billion has been moved by ETH whales.　　ETH whale transactions cross 3,000 in two days | Source: IntoTheBlock　　However, while this jump is

2023-07-05Ethereum

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