Among the rainbow-hued and eye-rolling shenanigans that companies roll out during Pride Month in support of the LGBTQ community are campaigns promising $1 from every purchase will go to a LGBTQ-centered nonprofit. That sounds nice, until one realizes the amount of donations is often capped and simple math reveals the company has reaped far more in profits through piggybacking on Pride Month sentiment.

Yes, we’re emerging from a pandemic, but not everyone is flush with newfound cash. To be blunt, we’re talking table stakes here, as more anti-LGBTQ legislation, especially laws targeting the transgender community using the same old arguments, keeps rolling out of state capitols across the country.

There’s a better way to show support for any community, including LGBTQ citizens – and that means buying from an LGBTQ-owned business directly.

While many LGBTQ business owners and entrepreneurs are optimistic about the future, the past year has been one full of hurt. According to one survey, 32 percent of LGBTQ small business owners said their revenues cratered by half during the COVID-19 crisis. As for the U.S. federal Paycheck Protection Program (PPP) or the Economic Injury Disaster Loan Program (EIDL), 35 percent said they were not able to access them; 28 percent revealed they received some assistance, but not as much as they said they had requested.

So how can you show your support of the LGBTQ community with your wallet, while avoiding any risks of falling into the “pink-washing” trap? One option includes what are already curated lists of suggestions from various bloggers, from this one by Meredith Viera to one focused on queer Black entrepreneurs posted earlier this year by Nicole Akoukou Thompson.

For example, Northern California-based Equator Coffees, which dates back to 1995, ticks off many boxes. The company has been proud about its LGBTQ origins and has gone the fair trade and B-Corp routes long before other businesses jumped aboard those bandwagons. For those living afar, the company offers subscriptions for its various roasts.

And an afternoon’s drive south on I-5 in Los Angeles, Suay Sew Shop isn’t only talking about the circular economy – it’s cutting, sewing and shipping it. The company says it has diverted many tons of unwanted textiles from landfills, and have given them new life as apparel, home goods and even masks. And if money is tight, there are even no-cost threads on “The Free Rack” – available for shipping for no charge, an effort supported by the company and its customers who chose to round up or leave a tip upon online checkout.

So maybe the online shopping and shipping thing isn’t for you. Other ways of supporting LGBTQ businesses include simply taking a walk in a neighborhood and frequenting such shops and eateries; the NYC LGBT Historic Sites, project, for example, is documenting locations important to local and national queer history – a great idea if you happen to be in New York and you want to go beyond exploring the Stonewall Inn.

Finally, there is the old standby – enjoying a nightcap, or even a morning-cap, at a gay bar. That is, if you can find them. For a bevy of reasons, including the rise of online dating and apps like Grindr and Scruff (which some dispute), the number of gay bars across the U.S. has been in a freefall, with COVID-19 accelerating that trend. For the uninitiated, local gay business, chambers of commerce or event sites can keep you posted as to when venues finally open – drag bingo nights were a mainstay before pandemic hit, and in most cities they aren’t scheduled too late at night. The reality for many of these places is that despite everyone’s yearning to get out and party, it will be tough for many places to regain their business, and cash flow, as quickly as it disappeared last year.

For lesbian bars, the numbers have faced a steeper decline – in the late 1980s, there were over 200 across the country: at last count, there are now only 21.

Image credit: Paul Felberbauer/Unsplash

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Related Research

Louisville-based OnPoint Warranty Solutions, a provider of warranty services for manufacturers, retailers, service providers, home builders, insurers and consumers, plans to expand in Jefferson County, Kentucky. The $900,000 project is expected to create 104 full-time jobs.

The company will invest in new equipment at its existing operation on Corporate Campus Drive, adding jobs at the facility’s call center. Work on the project is expected to begin later this year and be completed by 2022. OnPoint currently employs 16 people in Louisville, with other remote staff located across the U.S. and overseas.

“Our executive staff has deep roots in Louisville, as does our industry, which fondly refers to Louisville as the ‘warranty capital of the world,’” said OnPoint Warranty CEO Chris Smith. “Therefore, we decided to open for business here in Louisville. We are determined to build our team here in the city. The pool of talented residents in Louisville, both from an executive level, as well as from a technology and customer service perspective, is extensive. Industry innovators are here in Louisville. Technology innovators are right in the city core. We endeavor to grow OnPoint Warranty Solutions here in our hometown.”

To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) last month preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $900,000 in tax incentives based on the company’s investment of $900,000 and annual targets of creation and maintenance of 104 Kentucky-resident, full-time jobs across 10 years and paying an average hourly wage of $18.55 including benefits across those jobs.

“OnPoint Warranty Solutions provides services in support of a broad range of industries, and the company’s growing presence in Louisville deepens its ties in the commonwealth,” Governor Andy Beshear said. “I want to thank OnPoint for this commitment to its existing and future employees in the Louisville area, and I hope to see the company continue to grow in our state well into the future.”

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, OnPoint can receive resources from the Kentucky Skills Network.

“Our competitive cost structure and high quality of life makes Louisville an attractive place for companies offering B2B services, and despite the pandemic-created recession, business services bounced back quickly and remains one of Louisville’s strongest industries,” Mayor Fischer said. “Thank you to OnPoint Warranty for choosing Louisville for this expansion and for your commitment to our city.”

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Jule Welsh Tate III

OAK ISLAND — Jule Welsh Tate, III, 59, passed away Friday, June 11, 2021.
Jule was born Aug. 7, 1961, son of Dr. Russell and Anthea Tate. Jule was proud to have served in the U.S. Coast Guard.

He was a lifetime member of the American Legion, Post 23, Point Pleasant, West Virginia, and The OKI Elks Lodge #2769. As an Alumnus of North Carolina State University, College of Engineering, he loved the Wolfpack! Jule masterfully served in every facet of his life.

Jule’s heart will remain eternal to his beloved wife, Jamie, and his proudest privilege in life was for his sons, Austin and Avery, to call him Dad.

In addition to his parents, he is survived by his wife, Jamie Epling Tate; two sons, Austin Jaynes Tate and Avery Thomas Tate; two brothers, Russell Jaynes Tate II and John Manson Tate II, and his wife, Melissa; four nephews, Barron Epling, Noah Tate, Cooper Tate and Mason Tate; three nieces, Mary Tate Dickson, Sarah Tate and Keenan Goble; father and mother-in-law, Tom and Becky Epling; and brother-in-law, Barry Epling, and his wife, Ann. Jule will be missed by his family and his many close, loving friends.

A memorial service will be held at 1 p.m., Thursday, June 17, at First Baptist Church of Vass, 3446 US Business 1, Vass, NC 28394.

Share online condolences with the family at Peacock-Newnam & White Funeral and Cremation Service.

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California, Virginia and, most recently, Colorado have adopted comprehensive online data privacy laws — but a state-by-state rather than a federal approach won’t be enough to keep the U.S. secure and competitive.

That’s according to a panel of data privacy experts during a recent discussion of a new study from the R Street Institute, a nonprofit public policy research organization. The report, “Congress needs to start caring about our privacy as much as China does,” will be released June 14 and focuses on the need for federal data privacy legislation.

More than a web of state data privacy laws, federal data privacy legislation would be a stepping stone to a stronger national security framework in the U.S. and would help forge better relationships with foreign governments that have adopted data privacy laws, argued experts like Cory Simpson, managing director of cybersecurity, strategy and policy development and national security at Boston-based Ankura Consulting Firm and one of the report authors.

Some federal efforts are underway such as the June 9 executive order signed by President Joe Biden seeking to protect Americans’ personal data from foreign adversaries like China, but Simpson said efforts like these are not enough. Other federal efforts haven’t yet gained traction, including the Information Transparency and Personal Data Control Act, a consumer privacy law that was introduced to Congress in March.   

“Congress needs to act. We need a legal construct in place,” Simpson said. “If we want a truly open, interoperable, secure, uncensored by government Internet that extends American values, then we need this legislation in place.”

Making the case: national security

Federal data privacy legislation would benefit the U.S. in national and economic security, particularly when it comes to competition with China, Simpson said.

A federal data privacy law would enable U.S. diplomats to speak definitively about the country’s position on data privacy, which is currently flimsy due to the lack of legislation, Simpson said. A U.S. federal data privacy law would establish trust with countries that value data privacy and demonstrate a willingness to compete with countries like China, which is racing to enact its own data privacy laws.

“From an allied perspective, it reinforces our relationships and makes clear that we extend American values into the digital space,” Simpson said.

Kate Charlet, director for data governance at Google and a panel participant, said the U.S. is already a leader in tech and data services, and should be a leader in data protection as well, particularly since the country has had to deal with major cyberattacks against SolarWinds and the Colonial Pipeline.

A federal data privacy law sets clear rules and protections detailing how U.S. companies and companies around the world should process and transfer national data, which helps protect data that may be vulnerable to cyberattacks and ultimately helps with national security.

“Consistent standards around data collection use and sharing gives support and structure to cybersecurity efforts because a federal law can establish duties of reasonable security to protect against things like unauthorized access, disclosure and modifications,” she said. 

Economic benefit in data privacy

Federal data privacy legislation would also benefit the economy, Simpson said.

If the U.S. adopted a federal data privacy law, it would facilitate a better exchange of data with businesses that fall under privacy regulations like GDPR because U.S. business data would be more compatible.

“It’s needed to enable our businesses to reconnect with those around the globe and empower them to fully wield our economy internationally,” he said.

Indeed, federal data privacy legislation would be “good for U.S. global influence,” Charlet said. 

“The flow of data contributes more to GDP growth than the flow of goods,” she said. “Federal privacy legislation can really grow digital trade … in particular promoting cross-border data flows and compatibility with rules that are in other countries that are both pro-privacy and pro-innovation.”

From both a national security and economic perspective, the U.S. would benefit from federal data privacy legislation that would establish trust with other nations and enable secure data flows between businesses, Charlet said.

“What I think is clear is that privacy laws are steadily becoming an expectation of a modern economy,” Charlet said. “Until the U.S. has a comprehensive privacy law, America’s digital economy leadership and companies will be at a global disadvantage over trust when it comes to data transfers.”

Makenzie Holland is a news writer covering big tech and federal regulation. Prior to joining TechTarget, she was a general reporter for the Wilmington Star-News and a crime and education reporter at the Wabash Plain Dealer.

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Glasshouse Fragrances, a leading brand in the Australian fragrance market, announced today it will launch in the United States on June 15th, 2021.  Starting this summer, Glasshouse Fragrance’s extensive line of premium home and personal fragrance products will be available for online purchase and delivery to U.S. customers.

The high-quality, handcrafted scents are all inspired by destinations from around the globe and their labels read of exotic locales such as Melbourne Muse, A Place in Paris and Sydney Sundays.  Each features a specific artisanal aromatic profile, from floral to gourmand to woody, guaranteed to make a powerful lifestyle statement and satisfy even the most discerning of fragrance lovers.

Glasshouse Fragrances was founded in 2005 by Nicole Eckels, a New York firebrand far from home.  Having ventured to Sydney in search of adventure, Nicole found the native scents of New South Wales to be exotic and enchanting.  The products that brought them to life?  Not so much.  So she created Glasshouse Fragrances – as much to fill the fragrant void in the market, as the one in her own living space.  She started with a focus on candles, making the first prototypes in her kitchen.  Curating ingredients, folding them in layers until the notes became a song, she felt moved to places, times, and feelings she had never known before.  She knew then her scents had unlocked a power she wanted to share with the world.

Today Glasshouse Fragrances is the leading fragrance brand in Australasia where the company has created a multitude of fine fragrances that take every form – each of which is designed to electrify customers through their sense of smell.

Nicole still leads the brand which employs about 180 people.   She still creates new fragrances, still invents new formats, and quality-checks products every day.  Now, after 16 years, she’s back in NYC—happy to be home and proud to introduce the Glasshouse Fragrance brand to North America.

“When I first launched Glasshouse Fragrances, I wasn’t just bringing a product to the shelves; I was creating something that I loved and wanted to use in order to transcend the everyday,” said CEO, Nicole Eckels.  “Glasshouse Fragrances products are made in Australia at our Sydney based factory, and we have offered its luxurious scent experiences to the Australian market now for 16 years. I am extremely proud and happy to be back home and at the beginning of this summer, Americans can experience and understand what the power of scent can do for them.”

In addition to premium candles, Glasshouse Fragrances offers a line of personal scents, diffusers, hand creams, and body washes.

Glasshouse Fragrance products are free from Parabens, PEGS, and contain no animal by-products, can be considered as vegan friendly, and are not tested using animals.

To learn more about Glasshouse Fragrances and its family of products visit:

https://us.glasshousefragrances.com

About Glasshouse Fragrances

Founded in Australia in 2006 by Nicole Eckels, Glasshouse Fragrances has been developing transformational scents that enrich people lives. Realizing our sense of smell is the most powerful of all, Glasshouse Fragrances teases and tantalizes with its groundbreaking scents that deliver unrivalled personal experiences. In the summer of 2021, Glasshouse Fragrances launched in the U.S. market.

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By far, weather is the predominant fundamental factor in today’s trade. Many analysts are comparing this year to those in recent history, and one that is being mentioned is 2012. While current weather conditions are currently the driest since 2012, they are not nearly as bad. A reported 42% of the United States has been drier than normal over the past 30 days. In the drought year of 2012 this was 71% of the United States over the same period.

Debate is increasing over potential acreage changes form the March planting intentions, mainly on corn. We have seen a few estimates recently that indicate corn plantings this year will be closer to 96 or 97 million in the June revisions, nearly 6 million more acres than earlier estimated. Others are not as optimistic on elevated plantings and believe they will only increase by 2 to 3 million. The real question will be if any increase is seen to soybeans, as that is the commodity that needs the most production given current stocks to use forecasts.

One benefit for the corn market has been the elevated demand we are seeing in new crop months. This is mainly from China who has booked 8.2 million metric tons so far. China has booked another 1.5 million metric tons of corn from Ukraine. The question is how much more corn China will buy. According to Chinese officials the country may have the majority of the new crop imports they intend to make from the U.S. already covered. This will depend upon China’s domestic corn production though, and how much Brazil is able to supply with a smaller Safrinha crop.

Trade is also keeping a close eye on Ukraine corn exports. Between October 2020 and January 2021 Ukraine exported 4 million metric tons of corn, a reported 250% increase from normal. This is mainly from Chinese buying. Ukraine exports for the year are expected to increase for all of 2021 as production in the country rebounds from drought losses. If China continues to source needs from Ukraine, it may open the door for alternative U.S. business.

One source of pressure on the global corn market has been the elevated use of wheat as a feed grain. The question now is how long this will last. The price spread between corn and wheat will be a major factor in this decision, as will wheat availability. While the world wheat crop is forecast to be large this year, stocks are not forecast to increase as they are on corn. Given the elevated need for milling quality wheat in the global market, we may see sellers less willing to part with inventory for feed use.

The U.S. soy complex is starting to see pressure from thoughts we might see changes to current demand forecasts. For one trade continues to hear reports of U.S. imports from Brazil. The USDA is currently projecting yearly soybean imports of 35 million bushels, and this number may be too low. There is also speculation that Mexico may wash out of some U.S. purchases in favor of cheaper offerings from Brazil. Even if small volumes, these changes could have a significant impact on U.S. balance sheet projections.

There is a situation developing that could have an impact on U.S. soybean exports. The United States currently has a shortage of shipping containers, which is slowing soybean exports to Taiwan. A reported 20% of U.S. commodity exports in containers is done with Taiwan. Of these, 85% is soybeans. There are thoughts that Taiwan may shift their soybean sourcing if this situation continues. Taiwan is one of the U.S.’s leading commodity buyers with annual purchases of $3.5 billion.

We are also seeing questions on corn demand, with attention focusing on new crop exports. The USDA projected new crop corn exports of 2.45 billion bushels in the May balance sheets, a 325 million bushel reduction from the current marketing year. This is being questioned given the smaller crop that is being forecast in Brazil. Even with larger crops from other suppliers, the United States is expected to see elevated corn demand. The United States has already sold 350 million bushels of new crop corn for export, with China being the primary buyer at 169.4 million bushels.

Chinese officials have announced measures will likely be taken in the near future to build commodity reserves. This will focus mainly on feed grains, specifically corn and wheat. Recent purchases indicate China may have already started this process as current corn bookings are estimated at 15 million metric tons. These are split between the United States and Ukraine. The Chinese government is expected to give out another 7 million metric tons of corn import certificates this summer. Given the uncertainty surrounding the size of the Brazilian crop, the bulk of this trade may be done with the U.S.

This commentary is the sole opinion of Karl Setzer, market adviser for AgriVisor. This is intended for informational purposes only and not to be used for specific trading recommendations. The information used to generate this commentary is gathered from a variety of sources believed to be accurate. If you have any questions or would like additional market information, feel free to contact Karl at ksetzer@agrivisor.com. You can also follow Karl on Twitter via @ksetzergrains.

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The on-again, off-again Keystone XL tar sands oil pipeline is finally off, and environmental and Indigenous activists who protested the project are taking a well-deserved victory lap. Protests against the pipeline have continued for well over a decade (including the 2011 protest pictured above, which occurred in Washington, D.C.)

However, oil is still on. After all, pipelines are not the only way to get crude oil from one place to another. U.S. business leaders who profess to care about the climate crisis should stop waiting for activists to target individual fossil energy projects and start insisting on federal policies that accelerate global decarbonization.

Oil by pipeline, freight cars and tanker trucks

Keystone XL developer TransCanada (now called TC Energy) and its allies seemed to have hit on a winning argument back in 2013, when a rail disaster in Canada underscored the dangers of transporting crude oil by rail.

Keystone supporters argued that oil pipelines were less risky than transporting crude on either highways or railways. However, that didn’t stop the Obama administration from declining to issue a key permit for the project, which would have piped tar sands oil from Alberta in Canada, down through the U.S. midsection to Gulf Coast refineries.

The Trump administration revived the project and issued a permit for the pipeline, but was doomed once again when President Joe Biden took office. As one of his first official acts on Inauguration Day, President Biden issued a sweeping executive order on climate and environmental policy, which included revoking the Trump-era permit.

Safer transportation for tar sands oil

Keystone allies excoriated the new president for revoking the permit, and they continued to argue for the “vastly greater safety” of Keystone XL compared to rail or truck transportation.

However, railway and tar sands oil stakeholders have already figured out a potential workaround.

In 2019, the company CN Railway introduced a brick-like form of tar sands oil under the trademarked name, CanaPux.

The oil pellets “are not volatile, dust-free, do not burn, spontaneously combust or explode while being shipped, and do not pose a risk if involved in a derailment,” CN Railway asserts.

“CanaPux pellets are designed to float in water, and they improve spill response as in the event of an incident they would simply need to be picked up. They are designed to prevent the product from leaking in the environment. In addition, CanaPux reuses polymers that would typically be landfilled,” the company adds.

If all goes according to plan, the Canadian energy company API will produce CanaPux in Alberta at scale and ship them to China by way of the west coast of Canada.

After Keystone, what’s next for TC Energy?

On its part, TC Energy has made the best of the situation. In a public statement last week, the company confirmed that it is terminating the Keystone XL pipeline project. It also indicated that it has plenty of other fossil energy pots on the stove.

In an interesting twist, TC Energy has been expanding its renewable energy portfolio. However, the main thrust of that endeavor is to decarbonize the energy consumption of its pipeline operations.

Those pipeline operations appear to be on the uptick. When TC Energy confirmed the cancellation of Keystone XL, it also promised that it will “continue to build on its 70-year history of success and leverage its diverse businesses in natural gas and liquids transportation along with storage and power generation to continue to meet the growing and evolving demand for energy across the continent.”

One of those projects, for example, is a new 416-mile natural gas pipeline that will enable Canada to export liquid natural gas to markets in Asia.

Ending the fossil energy whack-a-mole

TC Energy argues that natural gas is a cleaner alternative to coal for power generation. That line has lost its luster over the years as new evidence emerges about risks to the climate. However, natural gas still has a solid foothold in power generation as well as hydrogen production and other petrochemical fields.

Companies like TC Energy will continue to pivot from one fossil energy project in the coming years, as long as willing buyers keep coming for their products.

U.S. business leaders are helping to break the chain by cleaning up their supply chains, in addition to decarbonizing their own operations, but so far these efforts have been slow and piecemeal. The missing element is a comprehensive approach that integrates climate action into every area of government policy and enables the U.S. to spur global action by coordinating its considerable buying power on a national level.

The new president’s executive order has set the stage, in terms of articulating a holistic approach. Now it’s up to the U.S. business community to put real teeth in it, by supporting representatives in Congress who are willing to move forward on climate legislation.

Image credit: SecretName101/Wiki Commons

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Sun Pharma has no immediate plans to enter into vaccine production as getting into the vertical would require an altogether different manufacturing set-up, as per a top company official.

The company is eyeing biosimilars to fuel its future growth.

“I think our preliminary assessment indicates that vaccines will require a dedicated manufacturing facility and it cannot be produced in a facility where we are making multiple other products,” said Dilip Shanghvi, MD, Sun Pharmaceutical Industries.

He noted that for getting into vaccine production, a completely new set of manufacturing infrastructure is required.

“So, that’s broadly our understanding. So, we currently don’t have any facility which we are looking at for producing vaccines,” Shanghvi said.

On the biosimilar front, he noted that the company is looking to develop a range of such products.

“We are evaluating the development of some biosimilars which can be classified amongst the third wave of biosimilars,” Shanghvi said while clarifying that the company is looking at 2030 kind of timeline for such products to hit the market.

The company is looking at products that have significant future patent expiry dates so that it could be amongst the first firms to get initial approvals, Shanghvi said.

“That’s the focus and priority. And that’s not the only (thing), there are multiple priorities, and also (we are) trying to find a way by which we can leverage our presence in the market so that we can successfully build a biosimilars portfolio,” he added.

He noted that the development of the biosimilars would not be a ”big drain” on the company’s cash flow and profitability.

Commenting on the US business, he said the drug firm’s current generic pipeline for the US market includes 94 abbreviated new drug applications (ANDAs) and nine new drug applications (NDAs) awaiting approval with the US FDA.

In 2020-21, the company launched around 18 new products in the US.

On business outlook, Shanghvi noted, “Given the uncertainties of the pandemic in the near term, we are refraining from giving guidance for FY22. However, all our businesses are well-positioned and our endeavour will be to grow the business, notwithstanding the near term uncertainties related to COVID-19.”

The drug firm’s revenue from operations stood at Rs 33,498 crore in 2020-21.

Commenting on the company’s Halol plant, which has been under the USFDA radar for the last few years, Shanghvi said the drug firm is waiting for the regulator to inspect the facility.

“We have requested for an inspection. Now, I think it’s up to them to inspect the facility. And hopefully this time we should be able to clear it successfully, that’s the focus,” he added.

(Edits by EP News Bureau)

 

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Canadian Prime Minister Justin Trudeau and U.S. President Joe Biden talked about the Canada-US border on Sunday, but no deal was announced.

Reuters and Canadian Press both reported the meeting took place while Trudeau and Biden were in Cornwall, england for the G7 international leaders’ summit.

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According to a report from Reuters, Trudeau said he spoke with Biden “about coordinating measures at our borders as both our countries move ahead with mass vaccination.”

“We will continue to work closely together on moving forward in the right way but each of us always will put at the forefront the interests and the safety of our own citizens,” Trudeau told the media at a televised news conference.

“Many countries, like Canada, continue to say that now is not the time to travel,” Trudeau said, though he added that it’s important to get back to normalcy as quickly as possible.

Asked about vaccine certifications that would ease international travel, the Prime Minister said such measures are still being looked at by the G7 countries.

“We’re coming to a time when Canadians will be sufficiently vaccinated and then we will talk about travel at that level, and we will put in place a system that respects privacy, (is) easy to use, and can work work everywhere in the world, and will take into account concerns about fairness and justice.”

The border was closed to all but essential traffic in March, 2020. The current closure is due to expire on June 21, and there’s been pressure to reopen from officials in both countries.

Tourism, airline and airport groups from across Canada have said they need to see a plan for the border to reopen so they can hire and train staff for a potential influx of visitors from the U.S. or other countries with fully vaccinated residents. Liberal MP’s Wayne Easter of PEI and Nathaniel Erskine-Smith of Toronto also have called for more open borders.

There’s been considerable pressure exerted from U.S. business groups, as well as elected politicians in border states such as New York, Maine and Washington. It’s believed that Biden also wants to see the border open sooner versus later, but he hasn’t made any public remarks to that effect.

The Canadian government recently announced that, as soon as early July, fully vaccinated Canadians can cross the border by car or come into Canada by air and avoid the current 14-day quarantine period, as well as the mandatory , three-day hotel quarantine. Those coming into the country will, however, have to be tested before they come into Canada and again when they arrive, and they’ll have to quarantine at home until their tests come home.

A recent report from a federal science panel said anyone with double vaccination doses should be able to avoid quarantine, but the Trudeau government for now is only talking about extending that courtesy to Canadians.

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NEW YORK, NY / ACCESSWIRE / June 13, 2021 / Strattners announces moving its Head Office to Bangkok, Thailand with a view to establish a presence for the Asia and Pacific region whilst pursuing already established growth plans in the US. The decision came after Financier and founder of Strattners, Timo Strattner submitted plans to grow an asian focused portfolio alongside its US business with a view to further grow its portfolio of clients listed in the region by offering structured investments as those companies, among other growth initiatives, seek an opportunity to dual list on the US exchanges.

Timo Strattner said the sentiment is that Asia will create many more unicorns and high growth companies looking for access to alternative investment groups like Strattners as they seek to list their companies on regional exchanges whilst those that are already listed seek to access US capital markets via a dual listing.

Many companies in the region are under-served and represent vast opportunities for Strattners by offering high-quality, affordable and relevant services to high growth listed companies looking to attract more capital and institutional investors.

Contact:
Name: Investor Relations
Address: 30 Wall Street, 800, New York, 10005
Email: [email protected]

Forward Looking Statements

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein. The Company expressly disclaims any obligation or intention to update or revise any forward-looking statements to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based.

SOURCE: Strattner Financial Group

View source version on accesswire.com:
https://www.accesswire.com/651537/Strattners-Moves-Head-Office-to-Asia

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