Category: Business

PBOC instructs banks to reduce Bond Connect investments China’s central bank has asked some domestic banks to scale back their outward investments through the Bond Connect scheme, according to two sources with direct knowledge of the matter. The window guidance from the People’s Bank of China (PBOC) seems to be aimed at containing yuan outflows into Hong Kong, and thus ensuring less supply of yuan in offshore markets, the sources…

WBC welcomes Esther Aguilera and Lakshmi Eleswarpu as new board members Women Business Collaborative (WBC) is an alliance of more than 80 women’s business organizations and hundreds of business leaders that aims to achieve equal position, pay, and power for all women in business. WBC recently announced the addition of two new board members, Esther Aguilera and Lakshmi Eleswarpu, who bring a wealth of experience and leadership in corporate management.…

What is exit planning and why is it important? Exit planning is the process of preparing your business for a successful transition of ownership, whether it is to sell it, pass it on to family members, or transfer it to employees. Exit planning is important because it can help you maximize the value of your business, minimize taxes, and achieve your personal and financial goals. According to Forbes, only around…

Artificial intelligence (AI) is transforming the world of business, creating new opportunities for innovation, efficiency and growth. However, AI also poses significant challenges for privacy and cybersecurity, as it involves collecting, processing and generating large amounts of data, some of which may be sensitive or personal. In this article, we will explore some of the best practices that AI business leaders can adopt to manage these risks and ensure compliance…

Brand strategy is the process of defining and communicating the unique value proposition, personality, and identity of a business. It is essential for creating a lasting impression on the target audience and differentiating the business from its competitors. However, brand strategy is not a one-time activity that can be done once and forgotten. As a business grows and evolves, so should its brand strategy. In this article, we will explore…

What is social good and why is it important? Social good is the concept of creating positive impact on society through ethical and responsible actions. It can be achieved by individuals, organizations, or movements that aim to address social issues and improve the well-being of others. Social good is important for businesses because it can help them gain a competitive edge, attract and retain talent, increase customer loyalty, and enhance…

The Art of War is an ancient Chinese text that offers timeless wisdom on military strategy and tactics. But did you know that you can also apply its principles to your business and entrepreneurship? Whether you are facing a fierce competition, launching a new product, or negotiating a deal, you can learn from the insights of Sun Tzu, the legendary author of The Art of War. Here are five ChatGPT…

Retailers face a ‘summer to forget’ as sales fall for fourth month in a row UK retail sales fell for the fourth consecutive month in August, as supply chain disruptions, rising Covid cases and the end of the furlough scheme weighed on consumer spending. According to the latest data from the Office for National Statistics (ONS), retail sales volumes dropped by 0.9% last month, compared with July, and were 2.3%…

Banks bounce back from pandemic woes Indian banks are set to reward their shareholders with the highest dividend payouts in at least seven years, thanks to their strong performance in the fiscal year 2023. The country’s banks are forecast to take their share in aggregate payout across all sectors to 13% for the year ending March 31, 2024, according to S&P Global Market Intelligence. This is up from 12% for…

Oman’s Islamic banking sector has witnessed a remarkable growth in the first half of 2023, reaching a new milestone of RO7bn in total assets, according to the latest data from the Central Bank of Oman (CBO). The sector’s market share has also increased to 17.2% of the total banking sector assets as of the end of June 2023, reflecting the rising demand for Shariah-compliant products and services in the sultanate.…