Latest news with #Duong
Hamilton Spectator
a day ago
- Entertainment
- Hamilton Spectator
Happening In Grimsby expected to draw thousands of people this weekend
More than 30,000 people are expected to visit downtown Grimsby this weekend as Happening In Grimsby returns for three days of food, music, vendors and family-friendly fun. The event starts Thursday at 1 p.m. with Grimsby Farmers Market and runs through to 11 p.m. Saturday. Activities will take place along Main Street between Christie and Ontario streets. 'It's a kickoff to summer and celebrate all we have in town here,' said event chair Simon Duong, also chair of Grimsby Downtown Business Improvement Area , the major sponsor of the event. 'Visitors might not shop (during the event), but if they see a nice boutique shop they may come back and shop another day.' Duong said as many as 35,000 people attended last year's event . The main stage will feature a variety of musical entertainment, starting with Grimsby Idol at 5:30 p.m. Friday. There be a kids zone at nearby Coronation Park on Saturday 10 a.m. to 4 p.m. with activities and entertainment for youngsters. Also Saturday, Vendor Alley will be set up on Main Street between Christie and Patton streets, featuring about 70 local artisans and businesses. 'Most of the merchants on the street are going to participate with a tent or a promotion to highlight their business,' Duong said. The three-day event also means road closures to all but emergency vehicles. Happening In Grimsby chair Simon Duong says more than 30,000 people are expected to attend the three-day event that starts with Grimsby Farmers Market on Thursday. Duong said Main Street will be closed 11 a.m. on Thursday to 2 a.m. Sunday and a one-block area of Main between Christie and Patton will be closed 6 a.m. to 6 p.m. Saturday to accommodate Vendor Alley. See for event information and showtimes. Ben Vandenberg, owner of Pie in the Sky Farm Market , said the event is good for local businesses. 'It helps support us at the beginning of a very busy season,' Vandenberg said. 'It helps promote all of the downtown.' Lisa Sproston, owner of Farm Gate to Your Plate , said Happening In Grimsby is a great way to promote downtown businesses. 'The sheer amount of people that come into the town is phenomenal,' Sproston said. 'It's a really nice way for people who don't know about us to find out about us.' Happening In Grimsby grew out of The Happening at the Forty (with other iterations including Pioneer Days and The Happening) that dates back more than 40 years. The committee overseeing the event disbanded in 2018, and the event was reborn as Happening In Grimsby the following year.
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Happening In Grimsby expected to draw thousands this weekend
More than 30,000 people are expected to visit downtown Grimsby this weekend as Happening In Grimsby returns for three days of food, music, vendors and family-friendly fun. The event kicks off Thursday at 1 p.m. with the Grimsby Farmers Market and runs through to 11 p.m. Saturday. Activities will take place along Main Street between Christie and Ontario streets. 'It's a kick off to summer and celebrate all we have in town here,' said event chair Simon Duong, who is also chair of the Grimsby Downtown Business Improvement Area , the major sponsor of the event. 'Visitors might not shop (during the event), but if they see a nice boutique shop, they may come back and shop another day.' Duong said as many as 35,000 people attended last year's event — and given good weather, similar numbers are expected this year. The main stage will feature a variety of musical entertainment, starting with Grimsby Idol at 5:30 p.m. on Friday. Duong said there be a kids zone at nearby Coronation Park on Saturday from 10 a.m. to 4 p.m. with activities and entertainment for youngsters. Also on Saturday, a Vendor Alley will be set up on Main Street between Christie and Patton streets, featuring about 70 local artisans and businesses. 'Most of the merchants on the street are going to participate with a tent or a promotion to highlight their business,' said Duong said. The three-day event also means road closures to all but emergency vehicles. Happening In Grimsby chair Simon Duong says more than 30,000 people are expected to attend the three-day event starting with the Grimsby Farmers Market on Thursday. Duong noted Main Street will be closed from 11 a.m. on Thursday to 2 a.m. Sunday and a one-block area of Main between Christie and Patton will be closed from 6 a.m. to 6 p.m. on Saturday to accommodate Vendor Alley. See for event information and showtimes. Ben Vandenberg, owner of Pie in the Sky Farm Market , noted the event is huge for local businesses. 'It helps support us at the beginning of a very busy season,' Vandenberg said. 'It helps promote all of the downtown.' Lisa Sproston, owner of Farm Gate to Your Plate , said Happening In Grimsby is a great way to promote downtown businesses. 'The sheer amount of people that come into the town is phenomenal,' Sproston said. 'It's a really nice way for people who don't know about us to find out about us.' Happening In Grimsby grew out of The Happening at the Forty (with other iterations including Pioneer Days and The Happening) that dates back more than 40 years. The committee overseeing the event disbanded in 2018, and the event was reborn as said Happening In Grimsby the following year.
Business Times
27-05-2025
- Business
- Business Times
Jardine-linked Thaco joins race for Vietnam's US$67 billion bullet train project
[HO CHI MINH CITY] The battle to build Vietnam's largest bullet train project is heating up as Truong Hai Group (Thaco) – a sprawling Vietnamese industrial conglomerate backed by Singapore-listed Jardine Cycle & Carriage – throws its hat into the ring for the US$67 billion North-South High-Speed Railway. Thaco's proposal would pit it against another heavyweight contender, VinSpeed – part of the Vingroup empire – which is also vying to build the mammoth, decade-long transnational railway project connecting Hanoi and Ho Chi Minh City. Thaco, founded by auto tycoon Tran Ba Duong, is 26.6 per cent owned by Jardine Cycle & Carriage, a subsidiary of Hong Kong-based Jardine Matheson. In Vietnam, Jardine has steadily expanded its footprint not only through its stake in Thaco, but also via investments in the dairy producer Vinamilk and the infrastructure and utilities firm REE Corp. According to Thaco's proposal dated May 26 that was submitted to Prime Minister Pham Minh Chinh and reviewed by The Business Times, the conglomerate has proposed to invest around US$61.4 billion into the project, excluding expenses related to site clearance and resettlement that will be handled by the state. Like VinSpeed, the industrial heavyweight has proposed gaining priority access to the prime land surrounding station sites for transit-oriented development (TOD) – a move that could unlock significant upside from rising land values and commercial spillovers. Thaco is also seeking tax exemptions on imported equipment, materials, and machinery not available through local manufacturing. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up The Jardine-backed firm has pledged to cover 20 per cent of the US$61.4 billion project – or US$12.3 billion – through its own capital and other mobilised sources, with plans to borrow the remainder for construction and operations. This mirrors the proposal by VinSpeed. In the letter signed by Duong, who is chairman of the group, Thaco proposed that the state own certain facilities and take responsibility for part of the management and operation. 'We are also committed to developing TOD models in an exemplary manner and at reasonable prices to meet the housing and living needs of the majority of Vietnamese people,' he wrote. Best known domestically for its automotive manufacturing, Thaco has an equity of 57.9 trillion dong (S$2.9 billion) as at the end of the first quarter of this year, with Duong and his family members holding 72 per cent of the stake. Shift from state to private capital The North-South High-Speed Railway project, approved by the country's parliament in November 2024 under public investment, involves constructing a 1,500 kilometre rail line spanning 20 cities and provinces. The government plans to start construction in 2026 and put it into operation from 2035. The proposals signal a potential shift from the current state-led investment model to one driven by private capital. This potential policy change, along with special mechanisms proposed for the project, is expected to be tabled for parliamentary review during the current legislative session, which runs until end-June. These proposals also align with the recent Resolution 68, in which the ruling Communist Party of Vietnam has explicitly encouraged private firms to participate in national-scale initiatives and projects, including the development of high-speed railways, metro lines, power and digital infrastructure, and green transportation. This is part of the South-east Asian nation's ambition to foster the rapid growth of home-grown, mid-to-large private enterprises into internationally competitive corporations. Thaco plans to raise 80 per cent of the project's funding through domestic and foreign credit institutions, and is seeking a government guarantee, a risk-sharing mechanism to boost lender confidence, and full-interest subsidies over a 30-year loan period. In comparison, VinSpeed had earlier proposed zero-interest loans from the state over 35 years to finance a similar share of the investment. Thaco estimates it will take seven years to develop three sections of the railway in two phases. In comparison, VinSpeed pledged to bring the entire line into operation within five years. Headquartered in Ho Chi Minh City, Thaco operates one of Vietnam's largest industrial parks within the Chu Lai Open Economic Zone in the central province of Quang Nam. The 1,200-hectare park hosts seven of Thaco's auto plants producing and assembling a range of vehicles, from passenger cars to buses and trucks, for brands such as Kia, Mazda, Peugeot, Mitsubishi Fuso, and Thaco Bus. The conglomerate also plans to begin construction of its industrial park specialising in mechanical and supporting industries in Vietnam's southern manufacturing hub of Binh Duong in September, and another in the northern province of Bac Ninh next year. Potential challenges ahead VinSpeed's proposal submitted on May 6 secured initial support from the government, with relevant agencies assigned to review and provide feedback before it is finalised and submitted to the parliament. In its feedback on VinSpeed's proposal, the State Bank of Vietnam (SBV) noted that Vingroup had a debt-to-equity ratio of 4.23 at Mar 31, suggesting that the group relies heavily on debt financing, according to a document dated May 19 seen by BT. The 20 per cent of the investment arranged by VinSpeed for the bullet train project already amounts to double Vingroup's equity of 157.5 trillion dong. By end-March, the conglomerate and 101 related firms in its ecosystem had a total domestic outstanding loan of 117.1 trillion dong. Meanwhile, the outstanding foreign debt of Vingroup and its subsidiaries, including electric car maker VinFast, hospitality firm Vinpearl, and residential real estate developer Vinhomes, stood at some US$2.41 billion. 'The North-South High-Speed Railway project is a particularly important project with complex technology and a large total investment, exceeding the appraisal capacity of credit institutions,' SBV noted. Therefore, the central bank proposes a special mechanism related to a government guarantee for the domestic loan proposed by the firm to ensure the safety of banking operations. 'In the event that Vinspeed borrows a large amount of foreign capital within a short period, it could affect the limits on self-managed and self-repaid foreign loans, as well as the overall national foreign debt safety ratio,' it warned.
Business Insider
30-04-2025
- Health
- Business Insider
I want to cut down on ultra-processed snacks. A dietitian said to eat bigger meals.
Ivy Duong, 26, does an hour of resistance training three times a week, averages 7,000 steps a day, plays intense sports once or twice a week, and has an active job as an ambassador for a nonprofit organization. For the latest installment of Business Insider's Nutrition Clinic, Duong, who is based in Canada, told Business Insider what she eats on an average day. She said her goals are to boost her longevity, cut down on ultra-processed food, and stay healthy to support her active lifestyle. The dietitian Sophie Medlin reviewed Duong's daily diet and said that, given her exercise levels, she likely needs to eat more. Duong has a small breakfast or skips it Duong said she normally eats two or three meals a day. She said she often skips breakfast but sometimes makes a smoothie containing almond milk, Greek yogurt, matcha powder, chia seeds, hemp seeds, collagen powder, apples, and frozen berries, adding up to roughly 300 to 350 calories. Alternatively, she has a slice of rye or wholewheat toast with peanut butter and salt, which comes to about 350 calories. Duong rotates a selection of dishes for her lunches and dinners. They tend to contain carbs such as quinoa, oatmeal, brown rice with beans, whole wheat bread, or potatoes; protein such as pork, ground turkey, chicken breast, or eggs; and vegetables such as lettuce, bell peppers, mushrooms, spinach, cabbage, carrots, onions, or broccoli. They also usually have a small amount of fat, such as extra virgin olive oil, nuts, or peanut butter. Duong estimates that her lunches and dinners are about 500 to 800 calories each. "I have a habit of snacking throughout the day after a meal with Lays chips, slices of banana bread, tortilla chips with salsa, cookies, chocolate, cinnamon buns, and Oreos, etc," Duong said. More substantial meals can help reduce snacking Medlin told BI that Duong's meals sound "well balanced," but she wondered whether the portion sizes are big enough to give Duong sufficient energy, especially given how much exercise she does. "It would be great to think about eating more at meal times or having healthy and substantial snacks planned, which will displace some of the less healthy foods in Ivy's diet," Medlin said. Medlin recommends focusing on snacks that include produce and protein, such as yogurt with berries and nut butter, carrot sticks and wholemeal pitta with hummus, or a boiled egg and some vegetables. "Adding more volume to her healthy meals and planning healthy snacks will create more opportunity for additional protein and plants, which will help with fitness goals, energy levels, and reduce snacking on less healthy options," Medlin said. Duong's diet already includes lots of high-fiber, plant-based foods, which have been linked to longevity. However, ultra-processed foods have been linked to a range of health issues, including obesity, type 2 diabetes, cardiovascular disease, and certain cancers. So, swapping some of Duong's go-to snacks for more nutritious options will help her hit her goals, Medlin said. "Overall, Ivy's diet is excellent but likely not sufficient for her exercise and activity levels," Medlin said.
Yahoo
19-04-2025
- Business
- Yahoo
Coinbase Institutional Says Several Signs Point To 'Crypto Winter' But Remains Optimistic About H2 2025
Coinbase Institutional has suggested that the cryptocurrency market is at the start of a bearish cycle. Bitcoin and major altcoins have fallen below a key technical level. Coinbase Institutional does not expect the cryptocurrency bear market cycle to last long. Amid declining prices and growing market uncertainty over the past few months, the burning question on the minds of several cryptocurrency market participants has been: Is the bull market cycle over? Coinbase Institutional, the institution-facing arm of the leading U.S. cryptocurrency exchange, is the latest to attempt to answer the question. The answer? Probably, especially in the short term. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Here's what Americans think you need to be considered wealthy. 'Several converging signals may be pointing to the start of a new 'crypto winter,'' Coinbase Institutional Global Head of Research David Duong asserted in a Tuesday note. Crypto winter is an extended bear market phase characterized by falling prices, low volumes, and negative market sentiment. Amid market uncertainty sparked by the U.S.-led trade war, Duong argues that Bitcoin has been trading in bear market territory since late March and altcoins, specifically the top 50 coins per market cap, since the end of February, citing the 200-day moving average. The moving average is a technical indicator traders often rely on to cut through the noise from market fluctuations and identify the underlying trend. The 200DMA, in particular, is widely believed to indicate long-term market trends. If an asset's price is above the indicator, it is considered to be in a bull market and vice versa. Trending: BlackRock is calling 2025 the year of alternative assets. Bitcoin fell below the 200DMA on March 9 and has failed to hold above since. Beyond the 200DMA, Duong highlighted significant declines in the total cryptocurrency market capitalization and venture capital funding as further evidence that cryptocurrencies were in a bear market cycle. Specifically, he noted that the total crypto market capitalization, excluding Bitcoin, stood at $950 billion, down 41% from a December 2024 high of $1.6 trillion and 17% year-on-year. At the same time, according to the analyst, venture capital funding in the cryptocurrency space remains over 50% below the levels observed during the height of the 2021-2022 cycle, suggesting reduced fresh capital inflows, especially for altcoins. But Duong remains optimistic that the current cryptocurrency bear market trajectory may not last long. 'We still believe that crypto prices may be able to find their floor in mid-to-late 2Q25 – setting up a better 3Q25,' he to Benzinga about why Coinbase Institutional is anticipating a Q3 market recovery, Duong explained that he expects global liquidity to recover in late Q2, helped by anticipated lower borrowing costs from interest rate reductions. At the same time, he asserted that secular trends like AI were likely to sustain long-term growth. 'Thus, we think it's possible that this quarter may represent the low for crypto prices in 2025 – barring any major paradigm shifts – as tax cuts, deregulation and other stimulative fiscal policies may yet materialize later this year. That would also enable some of positive [sic] crypto regulatory developments to support markets,' he submitted. The positive cryptocurrency regulatory developments referenced by Duong likely refer to the less combative approach regulators have taken to the sector under President Donald Trump and the push to pass pro-cryptocurrency regulation before year-end. Citing similar factors, Cardano founder Charles Hoskinson recently contended that Bitcoin still had the potential to surge to a new price record of $250,000 this year. At the time of writing, however, the asset is struggling to hold above the $85,000 price point. Read Next: With high-demand properties in the Midwest, Bam Capital has delivered 2.46x equity multiples in just over 3 years. No losses. No missed payments. . Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Coinbase Institutional Says Several Signs Point To 'Crypto Winter' But Remains Optimistic About H2 2025 originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
