As Chinese tourists stay home, a world that has grown dependent on them feels their absence #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381800?utm_source=category&utm_medium=internal_referral

As Chinese tourists stay home, a world that has grown dependent on them feels their absence

Feb 08. 2020
By The Washington Post · Chico Harlan, Stefano Pitrelli 

CIVITA DI BAGNOREGIO, Italy – The village is 2,500 years old, perched on a sheer hilltop, rising into the sky like a storybook illustration. A little more than a decade ago, it was on the verge of extinction. It’s survived with the help of the world’s most powerful tourism force: a flood of Chinese visitors.

“It’s become like a Chinatown,” said Fabrizio Rocchi, a restaurateur in the village, which has a full-time population of eight people and typically hosts seven or eight tour buses per day, more than 100,000 people in a year.

The past week, though, has offered a vision of a daunting alternative reality.

To contain the spread of coronavirus, China has suspended all outbound tour groups. International airlines have cut back on or suspended routes. A handful of countries, including Italy, have closed themselves off entirely to air traffic from China.

And so, after years of racing to accommodate Chinese visitors and growing reliant on their spending, tourist destinations large and small are starting to feel what happens when the world’s most populous country hunkers down and stays home.

Of course, part of why a virus that originated in Wuhan, China, has shown up in so many places around the world is because Chinese have become such avid travelers. They constitute more than 10% of the global tourism industry and the fastest-growing market for long-haul flights. During the 2003 SARS outbreak, some 20 million Chinese went abroad every year; in 2018, that number was 150 million.

The most popular destinations are in Northeast and Southeast Asia, according to Chinese government figures. Chinese still make up only a fraction of Europe’s overall visitors. But, more and more, they’re visiting niche destinations on the continent – not just the Colosseum and the Louvre, but French towns famed for particular wines and cheese, and picturesque Italian villages that make for the perfect social media backdrop.

“Chinese tourism is in total evolution,” said Alberto Corti, the director of Confturismo, Italy’s main tourism association. “We think of the bus tours, people only eating Chinese food – yes, it exists. But the number of tours is decreasing, and the number of individual travelers is increasing. The average age is going down.”

And when abroad, an ascendant Chinese middle class spends money in a way few other tourists do. In Paris, the average Chinese tourist spends 60% more than those from other destinations, according to data collected by Paris’s regional tourism board and shared with Reuters. In Italy, Chinese travelers account for nearly 30% of tax free shopping.

Except now, suddenly, coronavirus has brought all that to a halt.

At the grand department stores of Paris and the luxury flagships of Rome, specially hired Mandarin-speaking employees are finding fewer customers to greet. The museums and monuments of the Italian capital are still mobbed by tourists, but at the famed Trevi Fountain on a recent afternoon, there was only one tour group – from Taiwan.

Hotels and travel agencies catering to Chinese have seen what one employee in Rome called a “bloodbath” of cancellations, affecting everywhere from Swiss ski resorts, which had been expecting to fill ski school classes taught in Madarin, to Trier, Germany, the birth place of Karl Marx.

Corti said hotels and other businesses stand to lose hundreds of millions of euros – a number that will grow if the travel restrictions carry into the spring and summer.

“In a while, we might have to [temporarily] shutter too,” said Jin Lili, the operator of a Rome-based travel agency that works with Chinese customers. “There is no work.”

In Italy’s Civita di Bagnoregio, the last trickle of tours have been coming through, with people who started their travels before the virus exploded. And even some of those groups are smaller than they would have been, because of travelers who were unable to leave China as the virus began to spread.

“We were supposed to be 20 people. Instead, we’re 10,” said Han Hui, 30, a painter from Hainan, who was wandering past the village’s vine-covered stone homes.

Chinese visitors still in Europe say they feel they’re being viewed with trepidation. There have been a handful of cases of blatant xenophobia – jeering on trains or public buses, for instance. But the more common scenario comes in hotel lines, where other visitors keep their distance, or in restaurants, where even healthy Chinese feel like they’ll be stared at if they let out a cough.

Only three cases of coronavirus have been identified in Italy. Two Chinese tourists who had been staying in Rome tested positive, as did one Italian who had been evacuated from Wuhan, China.

This past week, one tourist in Civita di Bagnoregio hesitated before walking into a perfume shop, uncertain whether she would be welcomed.

“Is it okay to enter?” the tourist asked, explaining where she was from.

“You can come in, don’t worry,” said the employee, Gessica Cirica, who has taught herself to speak a few words of Mandarin and Cantonese, as well as Japanese.

Amid the outbreak, others in the village have wondered whether it was risky to have Chinese visitors. The town’s mayor, Luca Profili, said there had been “clearly a bit of worry,” given that some days Chinese account for 90% of foreign tourists.

“Some were asking if I’d take action,” Profili said. “Once [the Italian government] shut down flights, everybody felt more at ease.”

Any reassurance about the chances of the virus making its way here, though, is counterbalanced by unease about what the drop in visitors might mean for the local economy.

Among the places that had been lifted by the wave of Chinese tourism, Civita di Bangnoregio is among the most unlikely. It’s a two-hour drive from Rome, accessible only by footbridge, and, until a decade ago, it was just one of Italy’s crumbling, evocative hilltop towns.

But the village worked to promote itself as a precarious, endangered treasure. The town also had the fortune of resembling a dreamy world depicted in a Hayao Miyazaki anime film, “Laputa: Castle in the Sky.”

Tourists started coming in droves.

The village charges a five-euro entrance fee for visitors crossing the bridge. It has used the money for renovations, to provide access to people with disabilities and to update public restrooms. Some people who’d left the town came back to turn their homes into bed-and-breakfasts. Restaurants added tables and saw the number of visitors grow year-by-year. Last year, Chinese accounted for more than one-quarter of foreign visitors.

This past week, the remaining flow of Chinese visitors was still enough to fill several tables at one of the village’s restaurants. The owner, Arianna Bastoni, said tourism has benefited her family and her business. But the equation was less complicated before the virus. If Chinese tourists stopped coming, she’d lose money. She’d also feel temporarily more secure until the virus runs its course.

“Of course we are happy when they bring us work,” Bastoni said. “[But] there is a bit of fear.”

The economy added 225,000 jobs in January, showing continued strength #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381798?utm_source=category&utm_medium=internal_referral

The economy added 225,000 jobs in January, showing continued strength

Feb 08. 2020
By Adding reaction, details from report
The Washington Post · Eli Rosenberg, Heather Long
WASHINGTON – The unemployment rate ticked up slightly to 3.6%, mostly due to more people rejoining the labor force. The jobless rate remains near a 50 year low.

The areas of strongest job growth came in construction, health care, as well as transportation and warehousing, according to the Bureau of Labor Statistics. Retail and manufacturing were the two areas with the most significant job loss.

“I can say that it pretty much blew estimates out of the water,” said Beth Ann Bovino, the Chief U.S. Economist at S&P Global. “It’s just a really nice report. I’d also say that the recession fears of last year seem to be a thing of the past when you look at this report.”

The number of jobs added for the month was well above the average of 176,000 jobs per month in 2019, and 223,000 jobs added each month of 2018. In 2019, the U.S. added 300,000 jobs in January, an impressive uptick that federal statisticians surmised had spiked because of the government shutdown as people took on part-time jobs.

Business experts had expected a more modest monthly total of around 150,000 jobs, saying a slowdown was inevitable with the economy’s long expansion. January was the 112th straight month of job growth since 2010.

The report comes on the heels of a milestone December, when women outnumbered men in the workforce for only the second time in history. That number was mostly unchanged in January, with women continuing to make up just over 50 percent of the non-farm labor force.

Perhaps the most encouraging news in the latest jobs report is that the share of working Americans who have jobs or are actively looking for work – known as the labor force participation rate -which ticked up to its highest level in seven years, about 63.4%. It’s another sign that the tight labor market is wooing more people back to the job market.

“It’s a really strong start to the year, and another sign that this expansion has really astounded to continue to pull folks into the labor force,” said Nick Bunker, an economist at the Indeed Hiring Lab. “The strong labor gains are great – we’re not only seeing a rise in labor force participation but a pick up in employment as well. It’s a sign that the labor market has some momentum and could keep going for quite some time.”

President Donald Trump is staking his reelection campaign in part on the strength of the economy – touting the job creation under his administration repeatedly during the State of the Union address, for example.

But analysts have urged caution, pointing to other economic measures. Relatively modest wage growth, around 3.1%, remains a puzzle for economists who say it has not grown as expected given the increasingly tight labor market. Business investment has fallen for three straight quarters. And problems at Boeing as well as fears about the coronavirus have raised fears about more economic head winds on the horizon.

“It’s a powerful antidote, in many ways, with respect to what’s been happening in Washington,” said Mark Hamrick, a economic analyst at Bankrate. “In many ways we’ve seen a political environment that is violently ill, and yet the economy appears to be very robust…. A year or so ago we were thinking we could be on the precipice of a recession. The reality is that the expansion looks good for some time to come for the future.”

The Labor Department also released data Friday showing that 514,000 fewer jobs were added between April 2018 and March 2019 than originally thought. The initial data reported each month in the jobs report comes from a survey sample of businesses to see how many people were added or subtracted from payrolls. The revised data encompasses nearly all businesses in the United States, but it takes longer to gather the information, which is why there is a delay in releasing it.

The revisions show that there 2019 was the weakest year of job growth in eight years and that there wasn’t such a big job boom in 2018 after the Trump Administration’s tax cuts. Instead, what has become clearer is the job market remains fairly hot, but job growth has been gradually slowing since it peaked in 2014.

“Job growth still looks very healthy,” said economist Ernie Tedeschi, a managing director at research firm Evercore ISI. “But the story that the tax cuts heated up the labor market in 2018 changes a bit. Instead of job growth really accelerating in 2018, it looks more like it stayed pretty flat.”

The jobs report is the first since President Trump signed the U.S.-Mexico-Canada Agreement in January, and weeks after Trump signed a partial trade deal with China, ending months of uncertainty over some of his major economic proposals.

Of the 12,000 jobs lost in manufacturing, 10,600 came from the car and parts production.

The economy added 225,000 jobs in January, showing continued strength #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381788?utm_source=category&utm_medium=internal_referral

The economy added 225,000 jobs in January, showing continued strength

Feb 07. 2020
File Photo

File Photo
By The Washington Post · Eli Rosenberg 

WASHINGTON – The U.S. economy added 225,000 jobs in January, surpassing analysts predictions in a sign of continued growth for the economy.

The unemployment rate ticked up slightly to 3.6 percent, remaining near a 50 year low.

Job gains picked up in construction, health care, as well as transportation and warehousing, according to the Bureau of Labor Statistics.

The number of jobs added for the month was well above the average of 176,000 jobs per month in 2019, and 223,000 in 2018. In 2019, the U.S. added 300,000 jobs in January, an impressive uptick that federal statisticians surmised had spiked because of the government shutdown as people took on part-time jobs.

Business experts had expected a more modest monthly total, saying it was inevitable with the economy’s long expansion. January was the 112th straight month of job growth since 2010 and many analysts predicted the total would be around 150,000 or 160,000.

The report comes on the heels of a milestone December, when women outnumbered men in the job force for only the second time in history.

President Trump is staking his reelection campaign in part on the strength of the economy – touting the job creation under his administration repeatedly during the State of the Union address, for example.

But analysts have urged caution, pointing to other economic measures that suggest economy may be cooling. Relatively modest wage growth remains a puzzle for economists who say it has not grown as expected given the increasingly tight labor market. Business investment has fallen for three straight quarters. And problems at Boeing as well as fears about the coronavirus have raised fears about more economic head winds on the horizon.

The jobs report is the first since President Donald Trump signed the U.S.-Mexico-Canada Agreement in January, and weeks after Trump signed a partial trade deal with China, ending months of uncertainty over some of his major economic proposals.

Toronto home prices in fastest annual gain in over two years #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/property/30381747?utm_source=category&utm_medium=internal_referral

Toronto home prices in fastest annual gain in over two years

Feb 07. 2020
By Syndication Washington Post, Bloomberg · Chris Fournier, Erik Hertzberg

A shrinking supply of available homes for sale in Canada’s largest city continued to drive prices higher last month, bringing annual increases to the strongest in more than two years.

Benchmark prices climbed 1% in January and are up 8.7% from a year earlier, the Toronto Real Estate Board said Thursday. That represents the biggest annual increase since October 2017, the month controversial stress tests for mortgage eligibility were announced by the country’s financial regulator. The price gains are being fueled by a combination of strong demand and shrinking supply, with new listings down 17% in January from a year ago.

“Strong sales up against a constrained supply continues to result in an accelerating rate of price growth,” Jason Mercer, director of market analysis for the realtor group, said in the statement.

Toronto’s housing market is bouncing back after a dismal period that lasted through 2018 and early 2019. A combination of steady population growth, low unemployment and cheap borrowing costs have brought buyers who had been sidelined by the stress tests back into the market, Mercer said.

Still, the tightening supply has had a dampening effect on sales in recent months, with the number of transactions falling 2.7% in December. That trend reversed sharply in January, with sales rising 4.8% during the month on a seasonally adjusted basis to the highest level in more than a year.

The average sale price for a detached homes was C$1,038,247 in January, up 10.5% from a year earlier. Condo prices jumped 15.1% from a year ago, to C$630,047.

The board sees another solid year ahead for new home sales in the Toronto area, driving by migration, a strong labor market and low borrowing costs. It’s forecasting home sales of 97,000 in 2020, up by around 10% from 2019 and an almost 10% increase in the average selling price.

“Market conditions will become tighter, as transactions will continue to outpace the growth in available listings,” Michael Collins. TREB president said at the board’s 2020 outlook conference Thursday. “The resulting increase in competition between buyers will likely result in an acceleration in price growth across all major market segments.”

Bank of Ayudhya lowers MRR to 6.70% #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381787?utm_source=category&utm_medium=internal_referral

Bank of Ayudhya lowers MRR to 6.70%

Feb 07. 2020
The bank's president and chief executive officer Seiichiro Akita

The bank’s president and chief executive officer Seiichiro Akita
By THE NATION

Bank of Ayudhya is poised to cut its Minimum Retail Rate (MRR) by 0.25 percentage point to 6.70 per cent a year on Saturday (February 8) to ease the financial burden of customers.

The bank’s president and chief executive officer Seiichiro Akita said on Friday (February 7) that the bank was ready to provide relief to customers and follow trend of the policy rate.

Several major commercial banks have already trimmed loan rates after the Bank of Thailand’s Monetary Policy Committee (MPC) cut its policy rate on Wednesday (February 5), effective immediately.

The committee voted unanimously to cut the policy rate by 0.25 percentage point from 1.25 per cent to a historic low of 1 per cent.

BGRIM confident of coping with drought, rules out impact form global economy #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381768?utm_source=category&utm_medium=internal_referral

BGRIM confident of coping with drought, rules out impact form global economy

Feb 07. 2020
By The Nation

B Grimm Power Plc (BGRIM), a leading private power producer in Thailand, is confident of coping with the problems of drought by embracing international standards for water supply management in its electricity production.

The company did not expect any impact from fluctuations of the global economy, given its world-class customer base and continuous growth in new clients.

BGRIM CEO Preeyanart Soontornwata said: “We have closely monitored the drought situation and planned our water management strategy in coordination with industrial estate operators”.

 BGRIM CEO Preeyanart Soontornwata

BGRIM CEO Preeyanart Soontornwata

“We are confident of continuing production of high-quality electricity and steam to meet strong demand from existing customers and new clients”.

She noted that BGRIM’s cash flow remains stable for the long term as most of its revenue are derived from long-term power purchase agreements of up to 25 years with state utilities both at home and abroad.

Regarding the drought, she said the company had closely monitored the development and put in place guidelines and measures for water management to ensure ample supply to clients by means of consuming and preserving water resource in a sustainable way.

Most of the water used in the production of co-generation power plants come from recycle process or treated waste water from factories.

In addition, the company’s plan to manage electricity production efficiently also enables effective water management.

BGRIM has worked closely with industrial estate operators for managing water usage prudently.

It has been confirmed that water reserves in wells in industrial estates are sufficient for operation until the rainy season.

“Rest assured that BGRIM’s power plants will be able to serve and support the industrial sector continuously,” Preeyanart said.

In regard to the impact of the global economic uncertainties on BGRIM, she pointed out that more than 70 per cent of the company’s revenue come from power sales to government agencies, both in Thailand and overseas under 20-25 year contracts which are not subject to changes in economic conditions.

The rest of BGRIM’s earnings derive from industrial sectors in Thailand and Vietnam where strong power demand looks set to continue, mainly due to the presence of world-class manufacturers from Japan.

The company has continued to sign on new industrial clients in Thailand, adding a combined 25 MW in demand last year.

Contracts for 15 MW power sales have been concluded with a group of customers which are expected to come on line in the first half of this year.

Meanwhile, there are demands from the more than 1,000 potential clients in industrial estates which are already in operation or under development.

BGRIM’s combined installed capacity now stands at 3,424 MW from a total of 57 projects, 2,896 MW of which come from 46 projects already in service.

Construction of the 16-MW wind farm in Thailand and the 39-MW solar photovoltaic system in Cambodia is well underway for the start of commercial operation later this year.

The company has implemented an expansion plan for stable and sustainable growth towards securing not less than 5,000 MW in aggregate power sale deals by 2022 through new project development as well as mergers and acquisitions (M&A) of projects both at home and abroad.

These M&A accords are expected to be gradually concluded in the first half of this year.

Several development projects overseas are undergoing feasibility studies, including new ventures in South Korea, Vietnam, Malaysia, Cambodia and the Philippines.

More banks fall in line on rate cut #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381763?utm_source=category&utm_medium=internal_referral

More banks fall in line on rate cut

Feb 07. 2020
By THE NATION

TMB and Thanachart Bank cut their Minimum Overdraft Rate (MOR) from 7.175 per cent to 6.925 per cent on Friday (February 7) to ease the financial burden of customers and help lift the subdued economy.

The move follows the policy rate reduction by the Bank of Thailand’s Monetary Policy Committee (MPC) on Wednesday (February 5), effective immediately.

Several major commercial banks have already trimmed lending rates after the MPC move.

Export-Import Bank of Thailand (EXIM Thailand) also announced on Friday that it will cut prime interest rate for customers in general and SMEs from 6 per cent per annum to 5.985 per, effective February 11. EXIM Bank’s prime interest rate is equivalent to commercial banks’ Minimum Retail Rate (MRR).

EXIM Thailand president Pisit Serewiwattana said the cut was in response to the government policy to stimulate the economy and in line with the policy rate direction.

Pisit said under the current circumstances where the policy rate has been slashed to a record low and the baht has stayed around at 30-31 against the US dollar, 15 per cent stronger than in 2016 when the baht was traded at Bt36/dollar. Thus, it is a good timing for Thai entrepreneurs to import machinery and new production technology to improve efficiency which would enhance their competitiveness in the long run.

EXIM Thailand has developed an array of financial facilities to serve import and investment alongside a liquidity enhancement scheme to boost export.

Amazon CEO Jeff Bezos rebukes White House adviser #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381749?utm_source=category&utm_medium=internal_referral

Amazon CEO Jeff Bezos rebukes White House adviser

Feb 07. 2020
File Photo: Amazon chief executive Jeff Bezos

File Photo: Amazon chief executive Jeff Bezos
By The Washington Post · Jeff Stein, Abha Bhattarai 

Amazon chief executive Jeff Bezos rebuked a White House adviser on Thursday with an Instagram post that included a “Seinfeld” meme, the latest twist in an increasingly personal clash between the e-commerce giant and a key Trump administration official.

Bezos’s social media post appeared to be a direct attack at White House trade and manufacturing adviser Peter Navarro. In an article The Washington Post published Tuesday, Navarro alleged that the Amazon founder had backed out of a promise to meet in person, saying he was instead offered a meeting with other senior executives. Navarro told The Post he wanted to speak with Bezos about ways to prevent counterfeiters from using the e-commerce platform to sell their goods. (Bezos owns The Washington Post.)

In his Instagram post Wednesday afternoon, Bezos appeared to accuse Navarro of ambushing him at the Alfalfa Club dinner on Jan. 25 and also calling his colleagues at Amazon “minions.” He also asked his social media followers how he should have handled being confronted. And in a sign that tensions between the two are escalating quickly, Navarro responded to the Instagram post almost immediately, calling Bezos’s message a “wonderfully banal passive aggressive post.”

Navarro had said he approached Bezos at the dinner to discuss counterfeiting issues related to Amazon. According to Navarro, Bezos agreed to meet later to discuss the issue.

In his Instagram post, Bezos didn’t exactly clarify what happened. Instead, he presented the encounter as a hypothetical scenario.

“Let’s say you’re at a big cocktail party and someone you don’t know comes up to you while you’re talking to your dad and girlfriend and asks for a meeting. Let’s say this person is the kind of person who actually uses the word ‘minions’ to describe the people who work for you,” Bezos wrote.

“How do you respond: A) Yes, I’ll definitely meet with you. B) No, I won’t meet with you. C) Tell you what. Call so and so and they’ll work something out. D) Quietly resolve to become a shut-in. E) Something else (fill in the blank).”

Bezos offered to give a button inspired by the sitcom “Seinfeld” that says “Serenity Now!” to whoever came up with the best response. “Serenity Now” is what one of the “Seinfeld” characters would say when he was starting to become very angry and wanted to calm himself and keep his blood pressure down.

Navarro responded to the Instagram post by telling The Hill: “A wonderfully banal passive aggressive post from the would-be author of ‘Zen and the Art of Counterfeit Trafficking.’ ”

Navarro confirmed to The Post that he made the statement. When asked whether Bezos would ultimately meet with Navarro, an Amazon spokeswoman reiterated an earlier statement saying senior executives have met with administration officials, including Navarro, on “multiple occasions” to discuss counterfeits. The company, she said, is “eager to continue this collaboration and will make our executives available to meet as often as necessary to effectively address this issue.”

Navarro also said in an email to The Post: “How about the choice Jeff Bezos actually made when I spoke with him on January 28: F) ‘Peter, call my second-in-command Jay Carney and have him set up the meeting.’ That’s exactly what I did and now Bezos in hiding is simply trivializing one of the most important issues facing American consumers.”

Other figures within the administration have more amicable relationships with Bezos. A few hours after the Navarro incident at the Alfalfa Club, Bezos hosted President Donald Trump’s daughter Ivanka, her husband, Jared Kushner, and top Trump adviser Kellyanne Conway for a party at his house in Washington.

The tussle comes a few weeks after the Trump administration said it would crack down more aggressively on counterfeit imports by holding third-party platforms such as Amazon accountable for knockoffs sold on their sites. Counterfeit goods have become a growing problem for e-commerce sites as they allow third-party merchants to list and sell products with little oversight.

Amazon will grow to 15,000 employees in Seattle suburb of Bellevue #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381737?utm_source=category&utm_medium=internal_referral

Amazon will grow to 15,000 employees in Seattle suburb of Bellevue

Feb 07. 2020
By Bloomberg · Matt Day 

Amazon.com plans to expand to some 15,000 employees in Bellevue, Washington – a more than seven-fold increase and the latest indication of where the company will put its people following an aborted effort to build a corporate campus in New York.

Amazon has been expanding in Bellevue, just east of hometown Seattle, since 2017, and announced the scale of its plans for the city of 145,000 people in a blog post on Thursday. Amazon’s corporate neighbors there include the headquarters of T-Mobile U.S., and satellite offices of Microsoft. Amazon has about 2,000 workers in Bellevue today, including some teams in Senior Vice President Dave Clark’s operations and logistics organization.

Amazon, which has more than 50,000 employees at its Seattle headquarters, decided in 2018 to split a second HQ between New York and Arlington, Virginia, following a closely watched search. Bloomberg reported this week that the public bakeoff for what Amazon called HQ2 was motivated in part by a desire to encourage big government incentives of the sort Tesla landed for its Gigafactory in Nevada. But Amazon abandoned plans for New York amid opposition from local politicians and said it would put the 25,000 workers initially planned for that campus at its roughly two-dozen corporate offices across North America.

Amazon’s relationship with its hometown has become strained in recent years, with critics holding the company partly responsible for rising costs, snarled traffic and homelessness. Tension turned into a public clash in 2018 when the Seattle City Council passed a tax on big employers to fund homelessness services. Amazon threatened to abandon two expansion projects in the city if the tax went through, and, even after it was repealed, pulled the plug on one. The company’s blog post Thursday called Bellevue a business-friendly city.

Amazon this week joined large companies based in the Seattle area in voicing support for a proposed tax on large employers based in King County, which contains both Seattle and Bellevue, to fund affordable housing and homelessness services.

CEO fired by company he founded after video showed him shouting racial slur at Uber driver #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30381735?utm_source=category&utm_medium=internal_referral

CEO fired by company he founded after video showed him shouting racial slur at Uber driver

Feb 07. 2020
By The Washington Post · Lateshia Beachum

An Arizona-based CEO has been fired from the company he founded after video surfaced of him calling a black Uber driver a racial slur during a trip Friday night.

Hans Berglund, 71, has been replaced with an interim chief executive by his agricultural-product company, Agroplasma, for calling Randy Clarke, 25, the n-word in a video the driver released.

The interaction with Berglund is just the latest disturbing ride that Clarke, a full-time Arizona State University senior, can count among the 14,000-plus trips he’s had in the 4½ years he has worked for the ride-hailing company, he told The Washington Post in an interview Thursday.

He installed cameras in his SUV in April 2018 when he increased his driving. The cameras were a way for the young father of one to cover himself if he ever received complaints or if something happened to him, he said.

Clarke, who has a near-perfect driver rating, said he was sexually assaulted by a passenger sitting next to him in the front seat in 2018. The assault was caught on his vehicle cameras, he said.

That experience prompted him to implement an Uber-approved rule that is plastered on the inside and outside of his vehicle: “Front seat use is reserved for parties of 3 or more.”

It is also on the Uber profile riders can read before getting in his dark gray 2018 Kia Sorento, which offers four iPads for passengers to entertain themselves along with drinks and snacks.

Berglund apparently did not read the message under Clarke’s smiling picture or the sign on the vehicle door.

He got into the front seat without looking at the sign above the glove box with the message about who can sit there.

The diamond-rated driver asked Berglund whether he minded sitting in the back seat, according to video obtained and reviewed by The Post.

A seemingly shocked Berglund said he did not like sitting in the back, and Clarke explained that he did not like when passengers sat in the front.

Both men agreed to cancel the ride, but Berglund grew annoyed and asked, “Are you f—ing serious with me?” from outside the car.

Clarke explained his position again and offered to cancel and refund Berglund’s money.

“OK,” Berglund said, closing the front door and opening a door to the back seat. “I’m going to ride in the back, and I’m going to file a complaint. OK? I have the right to make my own options.”

Clarke explained that he had the right to deny the ride as an independent contractor with Uber. Berglund was ready to be driven to his destination, but Clarke wouldn’t move.

“Sir, please leave my vehicle,” Clarke said.

“Is that because I’m white?” Berglund asked.

Clarke denied that allegation. Berglund replied: “You’re a f—ing n—–.”

Clarke told Berglund that he had two dash cameras and that their interaction was being recorded.

Berglund hurled more expletives at Clarke before exiting and slamming the door.

“Woohoo! This is good. This is perfect,” Clarke said to himself as he drove out of Berglund’s gated community and dialed an Uber support line for drivers to file a complaint.

“My initial reaction was complete and utter shock that this happened in 2020,” the communications and political science major told The Post.

Clarke has experienced discrimination before while driving for Uber, but the incident with Berglund was the first time he had been called a racial slur, he said.

The young father’s college tuition is covered through a program Uber has with Arizona State University that pays the tuition of top-rated drivers. Driving for Uber gives Clarke time to care for and spend time with his son, he said.

Clarke said he decided to do some digging on Berglund, and that is when he discovered he was a successful businessman in the fertilizer business in Tempe, he told ABC15 Arizona.

Clarke alleges that Uber’s investigation team did not contact him until ABC15 reported about the incident. Berglund no longer has access to Uber, a person with knowledge of the situation confirmed.

An Uber spokesperson provided a statement that said that the company does not tolerate discrimination and that Berglund’s described actions were a “clear violation of our community guidelines.”

Clarke wants the company to have a direct link for drivers to upload videos of complaints, and for it to implement a system to alert passengers about a driver’s rules.

Berglund told The Post: “I’m so sorry for what I said and for what I did. I cannot apologize any more than what I have.”

By Wednesday, Berglund was replaced with an interim CEO at his company.

Matt Brill, marketing director for the company, released a statement to ABC15 that confirmed Berglund’s removal.

“The incident is not at all reflective of Agroplasma’s values and ethics,” he wrote in the statement to the station, adding that the company will work to repair “the harm” Berglund’s actions caused.

In an interview outside his home Wednesday with ABC15 reporter Zach Crenshaw, Berglund said that he is not racist. He said the incident has been “so blown out of proportion” and has ruined his life and his company.

The ousted CEO could also face legal action, the Phoenix New Times reported.

Clarke is being represented by attorney David Dow and plans to file complaints with Tempe’s Human Relations Commission and the Arizona attorney general’s office, the news outlet reported.

The city of Tempe could issue a fine of as much as $2,500 for a civil rights violation, the station reported, although the incident happened in Scottsdale.

Clarke would also like a sit-down meeting with Berglund, saying he wants Berglund to walk away with a deeper understanding of the racial slur.

“I don’t want a lawyer apology,” Clarke said. “I want a genuine, heartfelt apology so I can actually forgive him and give him a big hug.”

Clarke said that he has lost sleep and become physically ill from seeing online reactions to the incident and that he can’t walk outside without being recognized.

Berglund recently told ABC15 that what happened to him is “such as sad story,” which Clarke saw.

“I wasn’t pleased with how he played the victim,” Clarke said. “I do pray for him and his family, but you just don’t go on TV and put up a pity party when you did something wrong.”