3 things from the Sustainability Report 2014 that we need to talk about As the corporate social and environmental responsibilities increase, sustainability does matter for businesses in terms of corporate management. To communicate its efforts for sustainable management and the performance with people, Samsung Electronics has been publishing the Sustainability Report since 2008. ▲Three constituent parts of Sustainable Development (Source: Wikipedia) Samsung Electronics has been committed to its sustainable growth in a wide aspects including Human Resources, Shared Growth, Green Management, and Global Social Contribution. Diplomatic fallout from the latest Snowden revelations The Guardian and the ABC have released information from Edward Snowden alleging that the Australian Defence Signals Directorate (DSD, now the Australian Signals Directorate) targeted the mobile phones of a number of senior Indonesian officials — including President Susilo Bambang Yudhoyono — in 2009. This will no doubt cause a diplomatic storm, and already Teuku Faizasyah, a senior spokesperson for President Susilo Bambang Yudhoyono, has told the ABC that the 'Australian Government urgently needs to clarify this news, to avoid further damage.' A tweet from Australian journalist Ben Packham notes that 'turning the boats around just got a lot harder.'
mcast buys rival Time Warner Cable for $45bn 13 February 2014Last updated at 08:25 ET Comcast is the biggest US cable provider Comcast has confirmed a deal to acquire Time Warner Cable for about $45bn (£27bn), creating a company that could control three-quarters of the US cable industry. Comcast will pay about $159 per share for its rival in an all-stock deal. Anti-graft laws effect on Nigeria’s property market Error loading MacroEngine script (file: ) Last Updated: 21 August 2015|17:49 GMT Nigerian local property market impacted by government’s anti-graft laws. PHOTO: Estatelinks Nigeria's local property market is being impacted by the government’s anti-graft laws. Mega Fertilizer Plant in Nigeria set to be constructed HOMAG International Merchant is set to construct a mega fertilizer plant in Nigeria worth $1.2 billion in Kogi State. The firm representative Adedayo Adeogi said that they will work hand in hand with the Kogi government to ensure that the project get completed on time. He said this while leading a delegation from Kogo state. Adeogi added that the mega project will be executed on the basis of Build Operate Transfer so that it can have the capability of producing up to 400 tonnes of fertilizer per day. He also said that their decision to choose Kogi as the ideal site for the construction of the mega fertilizer plant in Nigeria was informed by its enormous agricultural activities. The representative said that the fertilizer plant would provide 215 direct jobs, 1,200 support services personnel and create over 4,000 jobs during its plants construction, installation and per-commissioning.
Samsung is urgently looking into the recent child labor allegations and will adhere to its zero-tolerance policy At Samsung Electronics, we deeply care about the health and safety of all our employees and employees at our suppliers, and strictly maintain a zero tolerance policy on child labor. As part of our pledge against child labor, Samsung routinely conducts inspections to monitor our suppliers to ensure they follow our commitment. For the supplier in question, we have conducted a thorough audit in March 2013 which was followed by a third party inspection in August 2013, and yet another one in June 2014. No cases of child labor were found during these audits.We are urgently looking into the latest allegations and will take appropriate measures in accordance with our policies to prevent any cases of child labor in our suppliers. We have demanded our suppliers to adopt a new hiring process to strengthen identity verification beginning the end of 2012.
Humanitarian role for Aust in Iraq: Abbott Prime Minister Tony Abbott says "at this stage" Australia is only preparing to be involved in a humanitarian mission to northern Iraq to help citizens fleeing the advance of Islamic State forces. Mr Abbott is in London to hold security talks with the UK foreign and defence secretaries and receive briefings from top intelligence officials. "This is a difficult and dangerous world and it's important that Australia stays in the closest possible touch with our friends and partners particularly with this developing situation in the Middle East," Mr Abbott told reporters at Whitehall. Asked how far Canberra was prepared to go in Iraq, the prime minister said Australia was preparing to be involved in the humanitarian airdrop. The United States says it will consider requests for help from a new Iraqi government, but is adamant it won't send in combat forces to deal with the threat of rampaging extremists. Mr Abbott can't meet with his British counterpart David Cameron as he's currently on holiday.
Last US Blockbuster video rental stores to close 6 November 2013Last updated at 15:50 ET Blockbuster was once the leading video rental company in the US The last 300 Blockbuster Video film rental stores in the US are closing in the face of unrelenting competition from online digital video, corporate parent company Dish Network has said. About 2,800 people are expected to lose their jobs by early January. The once-dominant chain filed for bankruptcy, pummelled by Netflix's DVD-by-post and online streaming services. Dish Network, a satellite television provider, will also end Blockbuster's own DVD-by-post service in December.
Nigeria gets a new World Trade Center The development is expected to open to the public early next year after the completion of the first phase of construction. It will join a network of 323 locations in 89 countries, started in 1970 with the inauguration of the first World Trade Center in New York City. Funded by local and foreign financial institutions, as well as private investors, to the tune of 200 billion Nigerian Naira, or just over $1 billion, the WTC Abuja will be the largest mixed-use development in West Africa. Read this: Nigeria's answer to Dubai Well connected WTC Abuja has been under development since 2010, on a lot spanning over six million square feet in the Central Business Area of the capital.
Nigeria to establish 40 rice mills with Chinese equipment - Ecofin Agency (Ecofin Agency) - Nigeria hopes to conclude negotiations with China in relation to the import of material required for the implementation of 40 rice mills. According to agriculture’s new minister, each of these mills will have a daily processing capacity of 100 tons and these infrastructures will be established throughout the country. Audu Ogbeh explained that the implementation of this project which was inherited from the previous administration, will contribute to achieve the 2018 target set by the new government for rice self-sufficiency. Reputation Quotient Our Annual Reputation Quotient Study The 2015 Harris Poll Reputation Quotient (RQ®) measures the reputations of the most visible companies in the U.S. as perceived by the general public and opinion elites. The annual RQ has been running for over 15 years and has proven to be an important baseline for managing the reputation of your company and critical for identifying new market risks and opportunities.
PACNEWS - News reader AusAID to shed jobs: Abbott By Online Editor 10:46 am GMT+12, 20/09/2013, Australia Australian Prime Minister Tony Abbott says jobs will be cut from AusAID over the next three years as its operations are merged into the Department of Foreign Affairs and Trade (DFAT). Ebay to buy Shutl as it aims for one-hour delivery in UK 23 October 2013Last updated at 07:41 ET Rapid delivery is considered a major growth area for online retailers Ebay has announced it is to acquire start-up Shutl in a bid to bring one-hour delivery to the UK. The service will be offered when both seller and buyer are in the same area. The online auction site already has a similar service in San Francisco and New York, and hopes, with Shutl, to add more than 20 other US cities next year. The UK service will start in London.
Photo: Borno's N4.5bn tower in progress Governor Shettima looking at the model of the seven-storey Borno investment building under construction around the Central Area in Abuja when he visited the site on Tuesday. Governor Shettima assessing the seven-storey Borno investment building under construction around the Central Area in Abuja when he visited the site on Tuesday.