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Pandemic

More investors seek second passports, UAE Golden Visas amid global headwinds Pandemic

More investors seek second passports, UAE Golden Visas amid global headwinds

The demand for citizenship by investment and UAE Golden Visas is booming as residents and companies seek greener pastures amid rising global inflation rates and an uncertain economic landscape. Though many European, Caribbean and North American countries offer robust citizenship by investment programmes to high net-worth and ultra-high net-worth individuals,…
bubmag
January 22, 2023
Construction input prices log biggest drop since April 2020 Pandemic

Construction input prices log biggest drop since April 2020

Dive Brief: Both overall and nonresidential construction input prices tumbled 2.7% in December from the previous month, the largest monthly drop since April 2020, according to an Associated Builders and Contractors analysis. Despite that monthly drop, overall construction prices remain 7.9% higher than a year ago, while nonresidential construction input…
bubmag
January 20, 2023
Microsoft to shed 10,000 jobs as recession worries cloud tech sector Pandemic

Microsoft to shed 10,000 jobs as recession worries cloud tech sector

Navigation for News Categories The layoffs will affect 5 percent of Microsoft's workforce. Photo: 123rf Microsoft Corp says it will cut 10,000 jobs and take a $US1.2-billion ($NZ1.8b) charge, as its cloud-computing customers reassess their spending and the company braces for potential recession. The layoff, far larger than cuts by…
bubmag
January 18, 2023
Chinese travelers are returning to Singapore, but a full recovery is not expected this year Pandemic

Chinese travelers are returning to Singapore, but a full recovery is not expected this year

Singapore is welcoming them back, but a full return of Chinese tourists isn't likely in 2023, Singapore Tourism Board executives said at a press conference Tuesday. Singapore Tourism Board's CEO Keith Tan cited limited flight capacity and the speed of China's border reopening as some of the reasons a full…
bubmag
January 17, 2023