PUBLISHED: 11:59 14 February 2018 | UPDATED: 12:08 14 February 2018 Tom Horton Mayor Sadiq Khan. Picture: PA. PA Wire/PA Images Mayor of London Sadiq Khan has allocated £11.6 million to be split between London boroughs for transport projects. The money can be used for things such as road safety, encouraging walking and cycling and improving air quality. This brings City Hall’s overall annual spend on local projects to £237 million. The funding has become available because the mayor has been handed more money than anticipated in business rates, which local authorities give to city hall. Matt Winfield, London director for cycling charity Sustrans, said the funding “is yet another step in the right direction towards enabling more of us to get about on foot and by bike.” “Londoners want and need better streets and cleaner air. We look forward to working with boroughs to create a healthier, more active and less polluted London.” It is up to … [Read more...] about Sadiq Khan to distribute £11.6 million for transport between London boroughs after bumper business rates haul
Business
Ransomware is the biggest cybersecurity threat today — here’s how to protect your business
Getty Images Cyberattacks have been a prominent issue for companies, and individuals, since the mass adoption of internet technology. But in recent years concerns have expanded to include a specific and very serious type of attack: ransomware. The concept of ransomware is fairly simple: Cybercriminals seize control of personal or company files and threaten to inflict damage in some way unless their victim pays a ransom — and it’s on the rise. In fact, a recent report by Europol shows that ransomware attacks have eclipsed most other global cybercrime threats, with the first half of 2017 witnessing ransomware attacks on a scale previously unseen. And research shows that in 2017, large-scale attacks, targeted at global enterprises caused more than $5 billion worth of damage. Nigel Tozer, solutions marketing director for EMEA at Commvault, emphasises that any business using computers is at risk of being attacked. And the consequences of falling victim to a ransomware attack can … [Read more...] about Ransomware is the biggest cybersecurity threat today — here’s how to protect your business
Int’l Mining exhibition connects domestic and foreign businesses
Since its first organization in 2012, the event has notched up notable success, becoming a bridge creating trade links between local and international businesses and bringing advanced technology and machinery for the Vietnamese market and throughout the region. A highlight of the event is the presence of nine international pavilions from the UK, Germany, Russia, Singapore, China, and Australia. This year’s expo has captured the attention of the world’s leading providers such as Fong Chuan Machinery, Germanbelt, Hamakyu, Nippon Eirich, Sealtech Vietnam, and Vietnam National Coal and Mineral Industries Group (Vinacomin) – the leading company in Vietnam’s mining industry. The event will feature showcases of technological solutions, advanced machinery, and mining equipment on an area of 4,000 square metres, promising to provide visitors with practical and useful experiences. A series of seminars will be held during the event to present … [Read more...] about Int’l Mining exhibition connects domestic and foreign businesses
Vietnam pledges to continue improving business environment
In his speech, PM Nguyen Xuan Phuc welcomed nearly 2,600 investors and entrepreneurs attending the 6th GMS Summit and the 10th Cambodia-Laos-Vietnam (CLV) Summit, describing them as the major driving force of GMS economic growth. Phuc said the GMS needs to effectively utilize both internal and outside resources, and harness the technological advancements and breakthroughs with top priority given to ensuring rapid and sustainable development. Vietnam will realize initiatives of the Greater Mekong Subregion (GMS) and translate them into reality, he said, adding that the country will promote management capacity bring about equal opportunities for all economic sectors and take heed to personnel training and human resource development and infrastructure. Phuc also reiterated the country’s commitments to protecting intellectual property, innovative ideas and inventions of start-ups and promoting investment in transport infrastructure on the East-West, North-South, and southern economic … [Read more...] about Vietnam pledges to continue improving business environment
NA leader promises support to US businesses
During his reception for a delegation of the US-ASEAN Business Council (UABC) led by President of its Vietnamese committee Alexander C. Feldman in Hanoi on March 29, Luu applauded great contributions made by US enterprises to Vietnam’s economy over the past years. He said that the UABC has worked as a bridge between US businesses and Vietnam, thus contributing to the enhancement of cooperative relations between the two nations and governments. The Vietnamese legislature has paid due attention to new moves and policies of President Donald Trump’s administration, especially those related to trade and investment, he said, noting that Vietnam always regards the US as one of its leading partners in terms of economy and trade. The legislator said since the Vietnam-US Bilateral Trade Agreement (BTA) took effect, two-way trade has increased continuously, from 220 million USD in 1994 to 1.4 billion USD in 2001, adding that Vietnam now is the US’s 16th … [Read more...] about NA leader promises support to US businesses