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☆ Southeast Asia internet economy to grow 11% y/y in 2023
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

An internet LAN cable is pictured in this photo illustration taken in Sydney June 23, 2011. REUTERS/Tim Wimborne/File Photo Acquire Licensing RightsSINGAPORE, Nov 1 (Reuters) - Southeast Asia's internet economy is expected to grow 11% year-on-year in 2023, slowing from last year's 20% growth, an industry report showed on Wednesday. The annual report published jointly by Alphabet (GOOGL.O)'s Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, also said the region's internet economy is seen worth $295 billion by 2025, down from a previous estimate of $330 billion. "Digital economy sectors are showing positive growth trajectories, with travel and transport on track to exceed pre-pandemic levels by 2024," the companies said in a joint statement. The region of 11 countries and more than half a billion people has a young population, widespread smartphone usage, and a growing middle class, making it one of the world's fastest growing internet markets.

Persons: Tim Wimborne, Chen Lin, Kanupriya Kapoor Organizations: REUTERS, Rights, Google, Temasek Holdings, Bain & Company, Thomson Locations: Sydney, Rights SINGAPORE, Singapore

☆ Who Is Nadine Arslanian, Bob Menendez's Wife Indicted in a Bribery Scandal?
▼ + stars: | 2023-10-11 | by ( Michelle Mark | Katherine Long | ) www.businessinsider.com time to read: +17 min

Sen. Bob Menendez and his wife Nadine Arslanian arrive at federal court following an indictment on corruption charges. Still, even prior to Menendez and federal indictment, Arslanian brushed up against fame and scandal. Arslanian "liked nice things," Anton told Insider. The longtime friend, who asked not to be identified by name, told Insider that Arslanian was conscious of her looks. AdvertisementAdvertisement"We felt that it was a very one-sided investigation," Koop's sister, Rosemarie Koop-Angelicola, told Insider.

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Menendez serves as the powerful chairman of the Senate Foreign Relations Committee. And as chairman, he had unique influence over foreign military sales and foreign military financing. The State Department typically seeks the input of the chairperson and top minority senator on the Foreign Relations panel when it comes to foreign military financing and foreign military sales, and the department generally will not go forward if one of the two senators objects. Hana is a friend of Nadine Menendez and the Egyptian-American founder of a business that certifies beef imported into Egypt meets Islamic religious standards. “Congratulations mon amour de la vie, we are the proud owners of a 2019 Mercedes,” Nadine Menendez texted her husband, along with a heart emoji.

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☆ Senator Menendez's Wife of Three Years at Center of Bribery Allegations
▼ + stars: | 2023-09-22 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

A lawyer for Arslanian, who also goes by Nadine Menendez, said she denied wrongdoing and would "vigorously defend" against the allegations in court. Arslanian, 56, reportedly met Menendez, 69, at an IHOP pancake restaurant, which the senator has praised as a favorite dining spot. Soon after she met Menendez, Arslanian worked with businessman Wael Hana to introduce the senator, the powerful chairman of the U.S. Senate Committee on Foreign Relations, to Egyptian officials, the indictment said. In May of that year, Menendez sought sensitive information from the U.S. State Department regarding personnel at the U.S. Embassy in Cairo, and texted it to Arslanian. She then forwarded it to Egyptian officials, according to the indictment.

Persons: Tom Hals, Luc Cohen, Bob Menendez, Nadine Arslanian, Menendez, Arslanian, Nadine Menendez, Wael Hana, Hana, Daniel Wallis Organizations: U.S ., Foreign Relations, U.S . State Department, U.S, Embassy, Strategic, Business Locations: New Jersey, COVID, India, Cairo, Egypt, Englewood Cliffs , New Jersey, Wilmington , Delaware, New York

Senator Bob Menendez (D-NJ) and his wife Nadine Arslanian arrive for a state dinner in honor of French President Emmanuel Macron at the White House in Washington, U.S., December 1, 2022. A lawyer for Arslanian, who also goes by Nadine Menendez, said she denied wrongdoing and would "vigorously defend" against the allegations in court. Arslanian, 56, reportedly met Menendez, 69, at an IHOP pancake restaurant, which the senator has praised as a favorite dining spot. Soon after she met Menendez, Arslanian worked with businessman Wael Hana to introduce the senator, the powerful chairman of the U.S. Senate Committee on Foreign Relations, to Egyptian officials, the indictment said. She then forwarded it to Egyptian officials, according to the indictment.

Persons: Bob Menendez, Nadine Arslanian, Emmanuel Macron, Amanda Andrade, Rhoades, Menendez, Arslanian, Nadine Menendez, Wael Hana, Hana, Tom Hals, Luc Cohen, Daniel Wallis Organizations: White, REUTERS, U.S ., Foreign Relations, U.S . State Department, U.S, Embassy, Strategic, Business, Thomson Locations: Washington , U.S, New Jersey, COVID, India, Cairo, Egypt, Englewood Cliffs , New Jersey, Wilmington , Delaware, New York

☆ Healthcare, college education, and childcare started getting worse decades ago. Now we're all finally feeling it.
▼ + stars: | 2023-04-08 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

Americans are accruing billions in debt to pay for things like education and healthcare. But that would require shifting the idea of childcare, education, and healthcare and thinking of them as public goods — not businesses. That ultimately meant millions in funding for public childcare. "If the US health system was a country, it would be about the fourth-largest country in the world," Cooper said. There's much less government involvement in the US healthcare system than in other countries, Cooper said.

☆ Zelenskyy's TIME Person of the Year Award is proof that resilience is the most important trait any leader can have
▼ + stars: | 2022-12-07 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +12 min

He embodies valor and resilience, traits business leaders should exhibit in tough times. The Ukrainian leader's speaking style is characterized by short sentences, vivid imagery, and empathy, all of which make him effective. A 2021 research paper published in the Academy of Management Journal found business leaders who led by example boosted productivity in their businesses. Some of the most convincing business leaders of our time have leaned into emotion when making key arguments. "President Zelenskyy remains focused on his core assignment.

☆ Wall Street's most important consultant might be its cloud provider
▼ + stars: | 2022-11-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Bianca Chan explored this trend with a piece on how cloud providers like AWS, Microsoft Azure, and Google Cloud are reimagining themselves as business consultants. Many of the biggest cloud providers have stood up teams focused on interfacing with the C-suite to advise them on how a move to the cloud can be an opportunity to overhaul things. It's not hard to see how this could end up being big business for the cloud providers. Cloud providers still have a long way to go to be a real threat to consultants, but there is potential there. Click here to read more about how cloud providers are becoming the new-age consultants for Wall Street.

☆ Public-cloud providers are reimagining themselves as consultants. Here's how AWS, Azure and Google Cloud are helping finance firms use the tech to rethink their business.
▼ + stars: | 2022-11-29 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

In turn, public-cloud providers are reimagining themselves as business consultants. Wall Street firms are embracing the cloud for everything from research to risk and marketing. Cloud providers are building teams to interface with execsFinancial firms making the jump to the cloud are thinking beyond their IT divisions. Some of the largest Wall Street shops are taking the opportunity to rethink how they run their businesses entirely. Wall Street uses cloud to hit the reset buttonSelipsky's comments ring true on Wall Street, where cloud projects can have firm-wide ripple effects.

☆ Southeast Asia internet economy forecast cut on economic headwinds
▼ + stars: | 2022-10-27 | by ( Chen Lin | ) www.reuters.com time to read: +3 min

REUTERS/Pascal Rossignol/File PhotoSINGAPORE, Oct 27 (Reuters) - Southeast Asia's internet economy is expected to be worth $330 billion by 2025, though this a downgrade from a previous forecast due to economic uncertainty and more pressure on tech companies to make a profit, an industry report said on Thursday. "Amidst global macroeconomic headwinds, reduced disposable income, sky-rocketing prices, and lower product availability, there is tapering of demand from Southeast Asia consumers," the trio said in a joint release. The region of 11 countries is one of the world's fastest growing internet markets, due to a young population, widespread smartphone usage and urbanisation, and a growing middle class. All six countries are expected to post double-digit growth between now and 2025, with Vietnam having the fastest growing digital economy this year at 28%. "Universally investors generally expect deal activity to recover from 2024 onwards," said Fock Wai Hoong, Deputy Head of Technology & Consumer and Southeast Asia at Temasek.

☆ Volodymyr Zelenskyy embodies resilience. It's one of multiple traits business leaders can mimic in tough times.
▼ + stars: | 2022-09-14 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +10 min

The Ukrainian leader's speaking style is characterized by short sentences, vivid imagery, and empathy, all of which make him effective. A 2021 research paper published in the Academy of Management Journal found business leaders who led by example boosted productivity in their businesses. Some of the most convincing business leaders of our time have leaned into emotion when making key arguments. Ukrinform/Future Publishing via Getty ImagesThough the pandemic has bent the rules of formality, starched suits are still the go-to for world leaders. "President Zelenskyy remains focused on his core assignment.

☆ Meta's limits on employee abortion conversations could easily backfire. Here's what leaders should do instead.
▼ + stars: | 2022-07-06 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +8 min

Meta is limiting employee conversations about abortion on its internal platforms. The policy at Meta removes public employee posts on the company's internal platform with keywords like "abortion" and "Roe v Wade." Meta allows employees to talk about the topic only in private forums with up to 20 people, the Times said. The tech behemoth isn't the first company to monitor and control employee conversation around political issues and face pushback for it. Hasnas said that a company shouldn't single out one issue as being off limits, and that all political issues require consistency.

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