Latest news with #Incentive
Yahoo
3 days ago
- Business
- Yahoo
Dream Unlimited Corp. Announces Voting Results of Annual Meeting of Shareholders
TORONTO, June 03, 2025--(BUSINESS WIRE)--DREAM UNLIMITED CORP. (TSX: DRM) ("Dream") announced that, at its annual meeting of shareholders (the "Meeting") held today, all of the nominees for election of directors of Dream (the "Board") referred to in its management information circular for the Meeting were elected. Votes cast on this matter were as follows: Nominee Votes For % Votes For Votes Withheld % Votes Withheld Michael Cooper 188,217,072 99.30 1,326,923 0.70 James Eaton 189,452,984 99.95 91,011 0.05 Joanne Ferstman 189,383,492 99.92 160,503 0.08 Richard Gateman 189,321,170 99.88 222,825 0.12 Jane Gavan 189,269,538 99.86 274,457 0.14 Duncan Jackman 183,001,359 96.55 6,542,636 3.45 Jennifer Lee Koss 189,381,150 99.91 162,845 0.09 Vincenza Sera 188,076,484 99.23 1,467,511 0.77 At the Meeting, PricewaterhouseCoopers LLP was appointed as the auditor of Dream and its subsidiaries for the ensuing year, and the Board was authorized to fix the remuneration of the auditor. Votes cast on this matter were as follows: Votes For % Votes For Votes Withheld % Votes Withheld PricewaterhouseCoopers LLP 189,952,485 99.94 109,318 0.06 At the Meeting, shareholders approved a resolution amending Dream's deferred share incentive plan to increase the number of deferred share units and income deferred share units that may be granted or credited under the plan by a further 300,000 units. Votes cast on this matter were as follows: Votes For % Votes For Votes Against % Votes Against Amendment to Deferred Share Incentive Plan 183,196,447 96.65 6,347,548 3.35 About Dream Unlimited Corp. Dream has an established and successful asset management business, inclusive of $28 billion of assets under management as at March 31, 2025 across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We are a leading developer of exceptional real estate assets across Canada and Europe, including income properties that will be held for the long term as they are completed. We also develop land for sale in Western Canada. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information, please visit our website at View source version on Contacts For further information, please contact: Dream Unlimited Corp. Meaghan PelosoChief Financial Officer(416) 365-6322mpeloso@ Kim LefeverDirector, Investor Relations(416) 365-6339klefever@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
28-05-2025
- Business
- Time of India
India's semiconductor ambitions: Bridging the gap with the US
Live Events I ndia Semiconductor Mission (ISM): A $10 billion program aimed at establishing a comprehensive semiconductor ecosystem, focusing on domestic chip design, fabrication, and R&D capabilities. [ A $10 billion program aimed at establishing a comprehensive semiconductor ecosystem, focusing on domestic chip design, fabrication, and R&D capabilities. [ Production-Linked Incentive (PLI) Scheme: Offers financial incentives to companies establishing chip fabrication units in India, aiming to attract global players and boost domestic manufacturing. Offers financial incentives to companies establishing chip fabrication units in India, aiming to attract global players and boost domestic manufacturing. Chips to Startup (C2S) Programme: Launched in 2021, this initiative seeks to train 85,000 engineers across 113 institutions in VLSI and embedded system design by 2027, addressing the critical need for skilled professionals. Launched in 2021, this initiative seeks to train 85,000 engineers across 113 institutions in VLSI and embedded system design by 2027, addressing the critical need for skilled professionals. These efforts are complemented by significant investments from global corporations. For instance, U.S.-based Lam Research plans to invest over $1 billion in Karnataka to boost India's semiconductor ecosystem, aligning with the government's vision to expand the industry. [ Infrastructure deficits: Semiconductor fabrication requires advanced infrastructure, including uninterrupted power and water supply, cleanroom environments, and specialised equipment. India's current infrastructure falls short, as evidenced by delays in projects like the Vedanta-Foxconn initiative due to inadequate facilities. Semiconductor fabrication requires advanced infrastructure, including uninterrupted power and water supply, cleanroom environments, and specialised equipment. India's current infrastructure falls short, as evidenced by delays in projects like the Vedanta-Foxconn initiative due to inadequate facilities. Skilled workforce shortage: While India produces approximately 600,000 engineering graduates annually, only a small fraction are job-ready for the semiconductor industry, particularly for fabrication-specific roles. This gap underscores the need for specialised training programs and industry-academia collaborations. While India produces approximately 600,000 engineering graduates annually, only a small fraction are job-ready for the semiconductor industry, particularly for fabrication-specific roles. This gap underscores the need for specialised training programs and industry-academia collaborations. Supply chain dependencies: India remains heavily reliant on imports for semiconductor components, exposing it to geopolitical risks and supply chain disruptions. Developing a resilient domestic supply chain is imperative for long-term sustainability. [ Enhancing infrastructure : Investments in state-of-the-art facilities, reliable utilities, and logistical support are crucial to attract and retain semiconductor manufacturers. : Investments in state-of-the-art facilities, reliable utilities, and logistical support are crucial to attract and retain semiconductor manufacturers. Strengthening education and training : Expanding programs like C2S and fostering partnerships between academia and industry can cultivate a skilled workforce tailored to the industry's needs.[ : Expanding programs like C2S and fostering partnerships between academia and industry can cultivate a skilled workforce tailored to the industry's needs.[ Encouraging research and innovation : Increasing R&D spending and promoting innovation through grants and incentives can position India as a hub for semiconductor research. : Increasing R&D spending and promoting innovation through grants and incentives can position India as a hub for semiconductor research. Building strategic alliances: Collaborating with global leaders and participating in initiatives like the United States–India Initiative on Critical and Emerging Technology (iCET) can facilitate technology transfer and joint ventures. [ As the global semiconductor industry undergoes rapid transformation, India stands at a pivotal juncture, poised to redefine its role in this critical sector. While the United States maintains a strong position with its robust infrastructure and significant investments, India's strategic initiatives and burgeoning talent pool signal a determined stride toward establishing itself as a formidable US semiconductor industry, valued at approximately $250 billion in 2025, commands nearly 47% of the global market share in design and manufacturing. This presence is underpinned by substantial investments exceeding $200 billion since 2020, bolstered by the CHIPS and Science Act, which allocates $52 billion to rejuvenate domestic semiconductor manufacturing and reduce reliance on Asian supply chains.[ In contrast, India's semiconductor market, though smaller at $54 billion, is projected to double to $108 billion by 2030. India's strength lies in its design capabilities, contributing 20% of the global semiconductor design workforce. However, it currently holds a mere 0.1% of global wafer fabrication capacity, highlighting a significant gap in manufacturing infrastructure. [ /]Recognising the strategic importance of semiconductors, the Indian government has launched several initiatives:Despite these initiatives, India faces several challenges:To bridge the gap with global leaders, India must adopt a multifaceted approach:India's journey in the semiconductor domain is marked by ambition and potential. While challenges persist, strategic initiatives, coupled with global collaborations and a focus on infrastructure and skill development, can propel India toward becoming a significant player in the global semiconductor landscape. The road ahead requires concerted efforts from the government, industry, and academia to realize this vision.
Skift
14-05-2025
- Business
- Skift
The Middle East's Newest Meeting Venues: From Desert Luxury to Gaming Resorts
The hotel industry in the Middle East is booming, with nearly half of the pipeline currently under construction. These are the latest entrants geared toward the meeting and incentive market. Opportunity abounds in the Middle East's meeting industry. At December's International MICE Summit, 12 new events were announced in Saudi Arabia alone. Hotel development in the region has taken off, and brand conversions also sit at record highs, according to Lodging Econometrics. Dubai took the top spot in the Middle East in Cvent's list of top meeting and event destinations, based on $16 billion of group business sourced through the Cvent Supplier Network. Throughout the Middle East, brands continue to expand, which includes the first gaming resort in the Middle East, Wynn Al Marjan Island, set to open in early 2027. Among these eight new Middle East meeting hotels and venues, two stood out for focusing on cultural heritage rather than offering opulent luxury, common in the region's high-end hotels. Aldhafra Resort, Vignette Collection is a new property on the edge of the Empty Quarter, the world's largest sand desert, and Bab Samhan, a Luxury Collection Hotel, Diriyah, in Riyadh's historic district. Here are the eight new hotels and venues, featured in our just-released What's New in Meetings and Incentive Travel 2025 report. Aldhafra Resort, Vignette Collection Abu Dhabi, UAE Opened in early March 2025 on the Empty Quarter, the world's largest sand desert, and situated just over 100 miles from Abu Dhabi. The resort is suitable for incentive groups seeking unique experiences in the Middle East. Amenities include an outdoor pool, butler service, spa, and gym. Activities feature camel trekking, Arabic gahwa (coffee) tasting, archery, and stargazing. Andaz Doha Doha, Qatar Opened in February, Andaz Doha has 312 guest rooms across 26 floors. Amenities including a pool, spa, fitness center, and business center. The property includes three dining concepts, two of which will open later in 2025, and more than 20,000 square feet of event space across six rooms including an 8,000-square-foot ballroom. Bab Samhan, a Luxury Collection Hotel Diriyah Riyadh, Saudi Arabia Bab Samhan, a Luxury Collection Hotel, Diriyah, The property is located in Riyadh's historic district, where the First Saudi State was established in 1727. It is the first hotel to open in Diriyah, Saudi Arabia and offers 134 guest rooms including 34 suites, a fitness center, indoor pool, spa, and three restaurants showcasing the region's cuisine. Event spaces include five flexible areas and a 4,300-square-foot ballroom, accommodating up to 250 people. Raffles Jeddah Jeddah, Saudi Arabia Opening soon, Raffles Jeddah features 182 rooms and suites with views of the Red Sea. The luxurious hotel is positioned as a high-end option for meetings in Jeddah, located 25 minutes from King Abdulaziz International Airport. It features a 14,000-square-foot ballroom, a private dining room, pre-function areas, and a dedicated wedding showroom. Signia by Hilton Amman Amman, Jordan Signia by Hilton Amman marks the brand's first property outside of the U.S. Located in the Shmeisani business district, it offers the only convention center in the city. Three ballrooms — the largest accommodating 1,200 guests in theater style — are complemented by pre-function space, terraces, lounges and 15 meeting rooms. Additional amenities include an outdoor pool, fitness and business centers, and six restaurants serving local and international cuisine. Space42 Arena Abu Dhabi, UAE Located in the Al Raha Beach area, Space42 Arena features almost 27,000 square feet of versatile indoor event space, plus a lobby and 6,500 square feet of backstage space. It accommodates up to 3,000 people and features advanced sound and lighting systems and a 49-foot ceiling height. The St. Regis Al Mouj Muscat Resort Muscat, Oman Located along the Al Mouj waterfront, The St. Regis Al Mouj Muscat Resort marks the brand's debut in Oman. With 250 guest rooms, it features the 14,500-square-foot St. Regis Grand Ballroom, accommodating up to 1,200 guests, theater-style. Amenities include nine dining options, fitness and recreation facilities, spa, and 1,200 feet of private beach access. Adjacent is Al Mouj Golf, an 18-hole, par 72 championship golf course. Wynn Al Marjan Island Ras Al Khaimah, UAE Wynn Al Marjan Island (at top), the first gaming resort in the Middle East, opens in early 2027. The property will offer 1,542 guest rooms and marina-side Villa Estates, with views of the Arabian Gulf. It will also feature a full marina; 22 restaurants, lounges and bars; a nightclub and beach bar; a salon; a shopping promenade; and multiple pools. The property includes an 80,000-square-foot event center with outdoor event terraces and lawns. Download the full What's New in Meetings and Incentive Travel 2025 report here.
Yahoo
12-04-2025
- Business
- Yahoo
Fintech Select Ltd. Announces Issuance of Restricted Stock Units to Management, Directors, and Employees
TORONTO, April 11, 2025 /CNW/ - Fintech Select Ltd. (the "Company") (TSXV: FTEC) is pleased to announce that it has approved the issuance of Restricted Stock Units (RSUs) to members of its management team, board of directors, and employees, subject to approval by the Toronto Stock Exchange (TSX). The RSU grants are part of the Company's strategy to attract, retain, and reward high-performing individuals while aligning their interests with those of shareholders. The RSUs will vest over a one-year period, contingent on continued service and in accordance with the terms of the Company's equity incentive plan. In total, three million and two hundred thousand (3,200,000) RSUs have been granted and allocated to executive management, non-executive directors, and employees. Final issuance is subject to the receipt of all necessary regulatory approvals, including that of the TSX. The RSUs were granted under the Company's Equity Incentive Plan, which was previously approved by shareholders. About Fintech Select Ltd. Fintech Select is a provider of robust and disruptive Pre-Paid Card programs and e-wallet payment solutions. Fintech Select has enabled these core assets, which operate through separate divisions to work together harmoniously, to create a new and ubiquitous environment for consumers and businesses alike. Fintech Select also operates an international call centre that provides fulfillment and customer service support to customers across all the company's platforms. Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions. Follow us on: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information:This news release contains "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments, such as the Company's ability to align its interests with that of its key directors, officers and management, may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. Fintech undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of its securities, financial or operating results (as applicable) or prospects as to the effective implementation of strategies or initiatives or future revenue levels. Fintech disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. SOURCE Fintech Select Ltd. View original content to download multimedia:
Yahoo
07-04-2025
- Business
- Yahoo
Asia Pacific Gift and Incentive Card Market Report 2025, featuring WeChat, Grab, Gojek, Mastercard, Visa, Razorpay, Airwallex, Alipay, Paytm and more
The Asia-Pacific gift card market is characterized by strong competition between global players, regional fintech firms, and local retailers. Unlike Europe, where sustainability is a major differentiator, competition in Asia-Pacific is largely centered around technological innovation, seamless integration, and financial accessibility. Asia-Pacific Gift Card and Incentive Card Market Dublin, April 07, 2025 (GLOBE NEWSWIRE) -- The "Asia Pacific Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update" report has been added to gift card market in Asia Pacific is expected to grow by 8.7% on annual basis to reach US$263.4 billion in 2025. Asia Pacific's gift card market experienced robust growth during 2020-2024, achieving a CAGR of 9.9%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 7.7% during 2025-2029. By the end of 2029, the gift card sector is projected to expand from its 2024 value of USD 242.4 billion to approximately USD 354.7 billion. This report provides a detailed data-centric analysis of the gift card sector in Asia Pacific, covering market opportunities and risks across consumer segments (retail and corporate); product categories; retail sectors; and store formats. With over 100+ KPIs at the regional and country level, this report provides a comprehensive understanding of gift card market offers a comprehensive analysis of market dynamics in the gift card sector, segmented by digital and e-gift card sales, distribution channels, key occasions, demographic trends, and market share statistics of leading retailers. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. Key InsightsThe Asia-Pacific gift card market is evolving rapidly, driven by mobile payment integration, e-commerce expansion, and government-led digital initiatives. Unlike Europe, where sustainability dominates trends, Asia-Pacific is witnessing accelerated digital adoption, fueled by a young, tech-savvy population and increasing smartphone penetration. Businesses are leveraging gift cards as key tools for financial inclusion, loyalty programs, and alternative payment Payment Integration Boosting Digital Gift Card Adoption The region's mobile-first economy has propelled the integration of digital gift cards with payment apps such as Alipay, Paytm, and GrabPay. Consumers prefer mobile gift cards due to their seamless transaction capabilities and accessibility. Digital wallets are increasingly replacing traditional physical gift cards, particularly in China and India, where mobile transactions dominate retail purchases. Retailers and fintech companies are partnering to embed gift cards into super-apps, creating an ecosystem where consumers can purchase, redeem, and transfer gift cards through a single interface. Government-Led Cashless Economy Initiatives Driving Market Growth Several Asia-Pacific governments, including India, Singapore, and South Korea, actively promote cashless payment solutions, accelerating the shift to digital gift cards. Regulations supporting digital transactions, such as India's Unified Payments Interface (UPI) and Indonesia's QRIS system, have facilitated widespread gift card adoption across retail and service sectors. Governments increasingly use prepaid and digital gift cards for subsidies, social benefits, and incentive programs to drive financial inclusion. E-Commerce and Online Shopping Fueling Demand for Gift Cards The rapid expansion of e-commerce platforms such as Shopee, Lazada, and Flipkart has made digital gift cards a preferred payment and gifting method. Online-exclusive promotions and discounts via digital gift cards drive customer engagement and increase repeat purchases. Cross-border e-commerce growth has encouraged international retailers to introduce gift cards that can be redeemed in multiple countries, catering to an expanding digital consumer base. Corporate Adoption Expanding Beyond Traditional Incentives Companies in Asia-Pacific are increasingly integrating gift cards into employee rewards programs, moving beyond traditional cash bonuses to flexible, spend-anywhere digital solutions. The rise of the gig economy has led businesses to offer digital gift cards as an alternative payroll and benefits mechanism, particularly for freelancers and contract workers. Large multinational corporations and SMEs are leveraging gift cards to drive customer acquisition, loyalty, and referral programs in the retail, travel, and hospitality sectors. Competitive Landscape of the Asia-Pacific Gift Card MarketThe Asia-Pacific gift card market is characterized by strong competition between global players, regional fintech firms, and local retailers. Unlike Europe, where sustainability is a major differentiator, competition in Asia-Pacific is largely centered around technological innovation, seamless integration, and financial Market Trends and Players Super-apps such as WeChat, Grab, and Gojek are integrating gift card services into their platforms, making them more accessible to consumers. Global payment companies like Mastercard and Visa are expanding their prepaid and digital gift card solutions in Asia-Pacific, targeting both businesses and consumers. Fintech startups such as Razorpay in India and Airwallex in Australia are introducing new B2B-focused gift card programs tailored for employee and corporate incentives. Recent Developments and Strategic Partnerships Alipay partnered with major global brands to expand the acceptance of its digital gift cards for cross-border purchases. Paytm introduced a corporate gift card program targeting SMEs and enterprise clients, reinforcing its role in India's growing digital payment ecosystem. Grab partnered with leading retailers across Southeast Asia to offer GrabPay gift cards, allowing users to seamlessly redeem across multiple merchants within its ecosystem. Outlook for the Next 2-4 Years Digital-first gift cards will dominate as mobile wallet penetration rises and consumer preference shifts toward app-based transactions. Corporate adoption will accelerate, with businesses increasingly using gift cards for employee benefits, loyalty programs, and cross-border incentives. Government-backed digital payment policies will continue to shape the market, with prepaid and social benefit gift cards gaining traction across multiple economies. E-commerce-driven demand will expand as online retailers continue to promote gift cards as an essential digital payment method. Technological innovation will drive competition, with fintech startups and payment platforms introducing AI-driven personalization, crypto-based gift cards, and integrated loyalty reward systems. Companies Featured Alibaba (China inc. all brands) Yonghui Superstores Group RT Mart Unimart Amazon Samsung Belle (All brands) Wumart Superstore Reliance Retail Amazon India Flipkart Tanishq Croma BigBasket Myntra Nykaa Shoppers Stop Lifestyle Indomaret Alfamart Transmart Carrefour Matahari Department Store Alfa Midi Super Indo Erafone Hypermart Hero Gramedia Amazon Japan Rakuten 7-Eleven Japan Lawson FamilyMart AEON Retail Ito-Yokado Daimaru Matsuzakaya Department Stores Yodobashi Camera Uniqlo Lotus's Malaysia Giant Aeon 99 Speedmart Watsons Mr. D.I.Y. Aeon Big Ikea Apple Guardian Puregold Price Club The SM Store Lazada Mercury Drug Robinsons Supermarket Shopee SM Hypermarket Jollibee Grab FairPrice Group Sheng Siong qoo10 Sephora CapitaLand Malls Courts Harvey Norman emart Homeplus Hypermarket Olive Young Lotte Mart NewCore Outlet Lotte Department Store Shinsegae Department Store Himart Costco Korea CU 7-Eleven Tesco Hypermarket Big C Supercenter Central HomePro Gourmet Market Siam Makro Big C Extra Global house Tops market Key Attributes: Report Attribute Details No. of Pages 3575 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $263.4 Million Forecasted Market Value (USD) by 2029 $354.7 Million Compound Annual Growth Rate 7.7% Regions Covered Asia Pacific Report ScopeThis report provides in-depth, data-centric analysis of gift card industry in Asia Pacific through 1100+ tables and 3000+ charts, across 10 countries and overall region. Below is a summary of key market segments at regional and country Spend on Gifts By Consumer Segment (Retail and Corporate) By Product Categories (13 Segments) By Retail Sectors (7 Segments) Gift Card Market Size by KPIs across Consumer Segments Gross Load Value Transaction Value Unused Value Average Value Per Transaction Transaction Volume Average Value of Card Purchased Number of Cards Gift Card Market Size by Consumer Segment Retail Consumer Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise) Digital Gift Card Market Size By Retail Consumer By Retail Purchase Occasion By Corporate Consumer By Corporate Purchase Occasion By Company Size Gift Card Market Size by Retail Consumer By Functional Attribute By Occasion Festivals & Special Celebration Days Milestone Celebration Self-Use Other Value by Purchase Channel Gift Card Spend by Consumer Behavior and Demographics Consumer Purchase Behaviour Gift Card Buyer by Age Group Gift Card Buyer by Income Level Gift Card Buyer by Gender Gift Card Market Size by Corporate Consumer By Functional Attribute By Occasion Employee Incentive Sales Incentive Consumer Incentive By Scale of Business Gift Spend by Product Categories (Split by Retail and Corporate Consumers) Food & Beverage Health, Wellness & Beauty Apparel, Footwear & Accessories Books & Media Products Consumer Electronics Restaurants & Bars Toys, Kids, and Babies Jewelry Sporting Goods Home & Kitchen Accessories & Appliances Travel Entertainment & Gaming Other Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) Ecommerce & Department Stores Restaurants & Bars Supermarket, Hypermarket, Convenience Store Entertainment & Gaming Specialty Stores Health & Wellness Travel Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) Gift Card Online Sales Gift Card Offline Sales 1st Party Sales 3rd Party Sales Sales Uplift Gift Card Purchase by Payment Method Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallet BNPL & Other Digital Payment Cash Market share by retailers for key countries (95 retailers) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Gift Card and Incentive Card Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
