Lawyers that are working for WongPartnership were able to serve documents to the involved persona Mr. Chris Au last August 12 but they did not see him in person to do this. In a more modern setting, they sent the papers to Mr. Au through
How Condo Projects Reshaped The Commercial Landscape Of Toronto
From January 2015 to June of this year, at least 97 condo projects with a total of 26,750 units sprouted in the city of Toronto to meet the demands of 100,000 people who flock to city every year. However, the development of condo projects has
Category: Business /
Site Helping With Rentals Through Letter Grades
It is almost impossible to discover any rental or landlord problems prior to signing a lease for a property since there isn’t a way to check its history entirely. However, Yale Fox believes that this check should be a standard practice. This is why his
Category: Business /
The Growth Of Coworking Spaces And Serviced Offices
Several communities from all over the world are sharing their office spaces with other people from different fields while using laptops and smartphones as their portable offices. A growing number of people are turning to this kind of environment, a different work environment, that is.
Category: Economy /
Survey Indicates More People Are Saving For The Holidays
According to a rewards program site, 34 percent of its users are already saving up for holidays although Black Friday, Christmas and New Year’s are still so far. The survey was participated by around twenty-six thousand users of Swagbucks. 15% of these surveyed users have
Category: Sales /
Dollar Bills Materialize Following Positive Trade Statistics
The American dollar remained stable in opposition o majority of its chief contemporaries on Friday as a result of the positive trade statistics in the U.S., at the same time as the Canadian dollar hits close to a low of five years because of anxiety of oil prices declining gradually.
For the first time in the last five years, natural oil slipped $59 per drum and as a result it expanded on Thursday an abrupt regression which provoked shock significance toll incise from the Norwegian central bank.
The materialization scaled up even higher than 119.55 yen, springing back from 117.44, a two-week low. This comes following a report that was strictly monitored illustrated that trade statistics in the U.S. increased at an estimated 0.7% percent in November but has flowed back to 118.92 since then.
The statistics showed new confirmation of fundamental thrust in the economy and drew attention to the deviating viewpoints between the U.S. and other developing countries around the world.
The subsequent contribution of loans of about zero-cost by the European central bank, on the other hand, only garnered lukewarm responses, which underscored delicate assurance on the Euro sector and the manufacturing of ECB bills emerge being all but predictable.
The Euro naturally took a plunge back to $1.2370 coming from a close high of $1.2247 for two weeks. It sold at $1.2410, which drifted quite closely to the 38.2% stage of retracement in its increase to $1.2496 from $1.2247 during former gatherings.
Retailers have stroked product legal tenders stiff, which has pushed both Australian and Canadian dollars to new low downs at once. The Canadian loonie took a nose-dive towards a five-year low down of C$1.1551 per USD CAD=D4 and was at C$1.1523 most recently.
Australia, on the other hand, reached a 4 ½ year furrow of $0.8214 AUD=D4. The deterioration of the Aussie was downed by the person in command of the Reserve Bank of Australia, who claimed that he wants to see the legal tender to draw back to 75 US cents in an interview with a local news outlet.
However, the governor of RBA Glenn Stevens did not indicate that there was a necessity to slash attention tolls, which saw the eventual scaling back of the Aussie to $0.8266.
Category: Economy, Uncategorized /
Process Serving In The Digital Times
Lawyers that are working for WongPartnership were able to serve documents to the involved persona Mr. Chris Au last August 12 but they did not see him in person to do this. In a more modern setting, they sent the papers to Mr. Au through e-mail as well as social media platform Facebook.
This is said to be the first time that it has occurred ever since the High Court decided on March this year that court papers can be legally served by using online platforms such as Skype, Facebook as well as Internet message boards.
According to Zhuang Wenxiong, the assistant in the High Court, she was the one who gave the approval for the application of the papers to be served to the defendant who is currently in Australia because of involvement in a copyright lawsuit.
Traditionally, court documents must be served to the person involved in the case through another individual called process server. They are the ones that physically deliver the court papers to the intended party.
According to statement from the lawyers, the new ruling aids the court by being able to keep up with the latest innovation in technology thus resulting to a faster as well as cost-effective method of service.
Based on the judgment grounds that were published last May, Zhuang, the assistant registrar noted that if the new service which will be used as an alternative for the traditional method has proven to be efficient in delivering the notice required before the time set, the court must be approve such application to use alternative service by other methods aside from email.
In the most recent case, an application was made by the lawyers working for WongPartnership so they can serve the court notice to Mr. Au since they were not able to reach him personally.
Cheah Yew Kuin, an IP lawyer working for Baker & McKenzie.Wong & Leow said in a statement that online services such as social media platforms and email are just one of the many tools that can be used in order to notify the defendant regarding the lawsuit. This is an efficient alternative for a process server in case the defendant cannot be reached physically.
Category: Technology /
How Condo Projects Reshaped The Commercial Landscape Of Toronto
From January 2015 to June of this year, at least 97 condo projects with a total of 26,750 units sprouted in the city of Toronto to meet the demands of 100,000 people who flock to city every year. However, the development of condo projects has reshaped the commercial and retail landscape of the city. It was inevitable for some local business to be caught in the crossfire of residential development.
Some of the local businesses that have been in the city for quite a while were displaced from the popular bar that was the favorite of beer connoisseurs to the diner that is widely known for its Western sandwiches. On the other hand, the small businesses that stayed will gain many opportunities for new markets and new customers.
Bar Volo was a pioneer in the craft beer craze but it is closing its doors for the last time due to a condo project with 528 units. Lovers of the craft beer will have to walk for 5 minutes to reach the new location of the bar at 528 Church St. Tomas Morano who is a co-owner of the bar thinks that development is good for the city but it is changing the feel of the neighborhoods.
The Big Slice, a downtown pizzeria has fed countless numbers of hungry Ryerson students for the last 45 years but it is closing this spring to make way for two proposed condo towers. The loyal customers of the pizza joint as mourning the loss of their favorite Toronto landmark but it might re-open somewhere nearby.
The Canadiana Backpackers Inn is a popular spot in the entertainment district but it will soon be replaced by 40-storey condo towers with 426 units. Jim’s Restaurant that specialized in Western sandwiches is also slated to close because of a condo project that will be developed on the neighborhood.
Pattaya in Thailand used to be a quiet fishing village but it now lined with resort hotels, shopping malls and condominiums. It is very easy to find Pattaya condo for sale if you want a second home in the vibrant coastal city.
Category: Business /
Site Helping With Rentals Through Letter Grades
It is almost impossible to discover any rental or landlord problems prior to signing a lease for a property since there isn’t a way to check its history entirely. However, Yale Fox believes that this check should be a standard practice. This is why his website Rentlogic which is currently still in beta mode makes it easier for possible renters to right away understand any problems associated with the property including a no good landlord.
Rentlogic assigns a letter grade to Manhattan’s 1.1 million residential properties or buildings using an algorithm. This is done using open source data like construction violations, mold problems or vermin infestations. The site allows a user to search for rental apartments or properties coming from listing feeds or brokerages. This is displayed from the best to the worst and by neighborhood. When a building has a low grade, other rentals with higher grades are displayed or shown.
Fox mentions that the playing field between the landlords and the renters is not equal due to the high rent offered by landlords while keeping their operating costs at a minimum. He views his web site as a “smart city movement” instead of it being a part of the business of real estates. He hopes that through technology, urban life is improved. He hopes that it helps renters set the difference between good and bad landlords while pushing the bad to be good.
An example of an “F” rating property is one that has a history of issues like heat plus hot water problems while facing legal problems. This property also includes infestations from roaches, mice and bed bugs problems. Most of the Manhattan buildings got a rating of B at almost 35%. 21% were Cs, 19% were Ds and 16% per Fs. Only 9% scored As.
According to Aaron Carr of the Housing Rights Initiative, this is incredibly needed since many renters spend a huge amount of their money on rent alone. He applauds the site’s ability to get information that is usually kept hidden and hard to comprehend. With this innovation, renters are already informed of even the slightest information in a rental like its facilities or Bathroom Furniture to many more relevant information.
Category: Business /
The Growth Of Coworking Spaces And Serviced Offices
Several communities from all over the world are sharing their office spaces with other people from different fields while using laptops and smartphones as their portable offices. A growing number of people are turning to this kind of environment, a different work environment, that is.
Even though informal offices have always been present, the rise of coworking spaces having lower membership costs are becoming more attractive to new companies or startups needing serviced offices as well as independent individual workers wanting a flexible professional working environment.
Coworking spaces are similar to fitness or gym memberships. They both shy away from long-term commitments. There are spaces available for $60 per month for a single use of a workstation or desk, and there are also other spaces offering locked offices or serviced offices.
With this growing rise in coworking spaces, some focus on scale by building several locations worldwide. This broad worldwide network allows their members to use spaces in multiple locations, and this is extremely helpful for traveling members.
The origin of this coworking space trend is arguable. A few trace it back to one hacker space that opened in 1995 in Berlin while others trace it back to a collaborative workspace that opened in 1999 in New York. The official one opened in San Francisco in 2005. Hubs followed in Berlin and London. The field has been growing ever since.
A survey reported that there are over 7800 coworking spaces found worldwide by October 2015. Of these coworking spaces, it was reported that there were only 75 from 2007. This rose to 3400 during 2013. These workplaces have 500,000 members and more which is growing tenfold from 2011. There is a projected growth to 10,000 and more coworking spaces in 2016 according to the survey. These growths are in multiple countries but are expected in the countries of Thailand, India, Canada, Australia, France and Italy.
Whether based through Serviced Offices Bangkok or in a coworking space in Melbourne, these spaces are hugely becoming a dominant part not only for startups but also among individuals like consultants or even employees working remotely from their main offices.
Category: Economy /
Survey Indicates More People Are Saving For The Holidays
According to a rewards program site, 34 percent of its users are already saving up for holidays although Black Friday, Christmas and New Year’s are still so far.
The survey was participated by around twenty-six thousand users of Swagbucks. 15% of these surveyed users have already started saving since January. 18% of these surveyed users have started saving since June. While another 21% of these surveyed users will start saving by fall. However, 19% of these surveyed users do not have plans on saving for the holiday season at all.
It may still be 6 months from the holidays but intelligent shoppers are starting to prepare. These shoppers don’t want to overdo the shopping costs and expenses. From the survey, 73% of them plan to just expend the same amounts they did from last year. 40% of those surveyed plan to be on strict budgets while 24% plan to supplement their spending by using cash back sites. 20% plan to as much coupons and 10% plan to have a dedicated savings account for spending.
In terms of budget, 20% of those surveyed want to restrict spending between 100 and 250 dollars, 33% plan on spending 250 to 500 dollars and 26% plan on spending 500 to 1000 dollars.
Presents came as the 1st priority for the saving. Parents are the top responders saving followed by significant others and children. It is not only the holiday presents being saved up for. Other items on the saving lists included food, parties, decorations, holiday travel and holiday themed attires like an Ugly Christmas Sweater Sweater or tie. 46% want a budget for food, 26% for decorations and 26% for holiday travel.
In 2015, holiday sales went up by 3% to 626.1 billion dollars and non-holiday sales went up by 9% to 105 billion dollars. This is according to the National Retail Federation or NRF.
Even though most save and plan, there are still a number of shoppers who shop the last minute. NRF conducted a survey in 2015 resulting with 53.5% of buyers completing their shopping by the 15th in December with 90% of those also having holiday related things they still needed to buy.
Either way, businesses should also prepare their marketing schemes to attract these savings and budget conscious buyers.
Category: Sales /
New Company Changing The 3D Printing Industry
One negative thing about 3D printing that most people does not realize is that when the printed object comes out of the machine, the work is only halfway finished.
Once a printed part, even the tiniest ones, comes out of the printer there is some work that needs to be done. There are printers that require the parts to be soaked in sodium hydroxide in order to remove the frame that is supporting the parts while other printers require that the printed object be soaked in alcohol or perform sanding right after. In majority of the cases, the finishing touches that need to be done on the printed parts are as long, if not longer, than the time it took to print the 3D parts.
Rize, a startup company, claimed that it has found a solution for this problem. The company’s headquarter is in Boston and came out of the blue with a new product – a 3D printer called Rize One. This new printer claims that once the printed parts comes out of the machine, no laboratory work needs to be done and no assembling should be performed. All the operator has to do is print the object, take the frame off by snapping and then the job is finished.
According to the CEO and President of Rize’s, Frank Marangell, compared to other technology where it needs three hours to print something, Rize One will only take up 30 seconds. He cited baking a birthday cake as an example wherein one has to decorate the cake after it comes out of the oven just like the existing 3D printing. In the case of Rize One, there is no post-processing needed and the cake will be fully decorated once it comes out.
Currently, the startup company has gathered $4 million worth of funding coming from two companies – Longworth Venture Partners and SB Capital. They also have five beta clients from different industries such as a popular coffee company and supplier of the government military. The only customer that Rize is naming is the well known shoe company, Reebok. As printing technology evolves, so is the other printing companies in the world such as the Perth Printing Company.
Category: Business /
The Rising Costs Of Employer-Sponsored Premium In New York
According to a report made by Empire Center, New York has the second costliest employer-sponsored health premium. Last 2015, premiums rose by more than three times compared to the national average of $5,963. According to federal data, the average single coverage premium in Alaska is $7,807 while in New York, it is $6,801. The growth of single premiums in New York was 7.8% while nationwide growth was 2.2% in 2015.
Data also shows that the average family premium in New York is $19,630 while the nationwide average is $17,322. Premiums have always been high in New York but its growth is quite alarming since from 10th in 2010 and 18th in 2003, it jumped to second place in 2015. The state’s Department of Financial Services has strict price regulations in place but the premiums are still rising. In 2010, regulators have cut down into half the rate increase as requested by health plans but it was unable to solve the problems of rising premiums.
Among the companies that were severely affected by the increase in premiums include Health Republic Insurance of New York, a startup that sustained heavy losses. The rate requested for 2016 was actually trimmed just weeks prior to its declaration of insolvency and shut down by the state. Most of the large employer’s health insurance plans were exempt from state oversight because the state’s rate review process only applied to policies that are purchased by individuals and small businesses including coverage through the state’s health insurance (ประกันภัยสุขภาพ) exchange.
So much attention has been focused on public health insurance exchanges that were create under Obamacare. This was supposed to provide insurance to people who were not eligible for the job based health benefits. However, the law had a broader effect on people who had employer-sponsored health insurance.
It is important for people to compare Health Insurance in order to get the best they can. There are websites that compare the market by rank according to best price for your needs. They are committed to help you find the best price so that you will be able to make an informed decision for your Health Insurance.
Category: Advertising, Business /
