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DOZENS of channels have disappeared from boxes in the last 12 months - and an expert warns more are likely to follow. UK broadcasting giants including Sky and Virgin have oversaw huge shifts in 2024 with the continued growth of streaming. Big closures this year include the end of several music channels, with The Box, 4 Music, Kiss, Kerrang and Magic disappearing in June. The Box had been on air for 32 years. At the start of the year, entertainment channel E! went off air in the UK . Numerous shopping and international channels have also gone. Read more about Sky And a big chunk of old SD (standard definition) channels closed on satellite too to make way for HD (high definition) only, including BBC , ITV and Channel 4 . As a result, Sky and Virgin Media have embraced so-called FAST - free ad-support TV - that are beamed into homes via the internet. There have been a huge expansion in FAST channels this year as a free alternative to Netflix , Prime and other streaming giants. Even the traditional big players in broadcasting are taking a more streaming first approach, with ITV making Corrie and Emmerdale available on ITVX first every morning ahead of their evening slot on ITV1. Most read in Tech Meanwhile, Freeview is preparing for an internet-based TV future, launching Freely earlier this year which can work without an aerial. An industry expert told The Sun that more channel closures are likely in 2025 and beyond as the trend continues. "This is inevitable, more broadcasters will cull broadcast/linear TV channels as viewers are flocking to streaming services," Paolo Pescatore from PP Foresight said. "The big TV switch off is around the corner, with all programming set to be delivered via the internet. "Viewers are now spoilt for choice with how and where they watch the TV shows they love across a range of connected devices. "To respond, broadcasters need to be prepared and work more closely with telecom providers to ensure a seamless experience for users." Analysis by Jamie Harris , Assistant Technology and Science Editor at The Sun CBBC and BBC Four are big names at risk for 2025. The BBC announced in 2022 that the pair would disappear as traditional linear channels in a few years and go digital only via iPlayer. When Channel 4 announced the closure of The Box and other music channels it owned in January, the broadcaster hinted that more could come. At the time the company said it was proposing to "close small linear channels that no longer deliver revenues or public value at scale, including the Box channels in 2024 and others at the right time". So which could the "others" be? It really depends what Channel 4 considers "small" but its other channels include More4, E4, E4 Extra, Film4 and 4Seven.
Drilled since the earliest days of his career to be meticulous, Engrineer Joshua Bingcang’s strong attention to minute details came in handy as he got things done at the Bases Conversion and Development Authority (BCDA), the Philippines’ most dynamic government-owned and -controlled city builder. Since he took the helm as president and chief executive officer of BCDA in June 2023, the organization celebrated major milestones like the opening of a 20-kilometer road connecting New Clark City to Clark International Airport, the inauguration of the Philippines’ first manufacturing plant for advanced Lithium Iron Phosphate (LFP) batteries, and the end to a decade-long legal dispute over the management of a 247-hectare property in Camp John Hay in Baguio. Indeed, his ingenuity, grit, and adaptability to solve complex business challenges and get things done were instrumental in BCDA’s successes and challenges. He started at BCDA as a Project Development Officer III in September 1996, he brings to the table decades of institutional knowledge with the BCDA, and know-how in the fields of business development, real estate development, infrastructure development and project management. A native of Pampanga, Bingcang holds a Master’s degree in Business Administration from the University of the Philippines. He took part in the Executive Training Program in Urban Policy and Governance of the Nanyang Technological University in Singapore and in the training on Public-Private Partnership from the Harvard Kennedy School, Massachusetts, USA. Prior to his stint as the BCDA chief, he led the completion of some of the organization’s biggest projects: the Subic-Clark-Tarlac-Expressway, the development of Clark Freeport Zone, the first phase of the National Government Administrative Center in New Clark City, and the expansion of Clark International Airport. Born and raised in Pampanga, Bingcang understands the needs of local communities affected by BCDA’s development projects. Under his leadership, BCDA’s first few big, bold moves for Clark are to ensure that the current and future workers can live near their workplace through inclusive and affordable housing, address the need for more efficient connectivity through building transit-oriented developments in and around Clark and expanding the capacity of the Clark International Airport to cater to mega investments from across the country. Academic and government institutions like the National Academy of Sports, Bangko Sentral ng Pilipinas, the Virology and Vaccine Institute of the Philippines, and the Philippine Space Agency are setting up offices and campuses in New Clark City. Big names from different industries here and abroad, like Hann Development Corporation, Banyan Tree Group, Skyblue Golf Course, Narra Technology Park, Filinvest, and StB Giga are also forging ahead with their developments in New Clark City. In the past few months, the BCDA Group made strides as it signed three global logistics giants — FedEx, UPS and Lufthansa to expand in Clark. In New Clark City alone, Bingcang told Daily Tribune’s weekly show Straight Talk, that the new metropolis has attracted P143.22 billion worth of investments since its master plan was finalized in 2017. About P18 billion of which were already infused in the new metropolis. One Clark vision Looking ahead, the BCDA chief said during that his organization is aggressively pushing the development of New Clark City, Clark International Airport, and Clark Freeport Zone to position the whole of Clark as Asia’s next investment and tourism destination. This forms part of BCDA’s ongoing efforts to support the Marcos administration’s 8-point socio-economic agenda as reflected in the Philippine Development Plan 2023-2028. “This will give us the scale that will put Clark on par with — if not ahead — of development projects in its ASEAN neighbors,” Bingcang said. “Right now, we are gearing to implement more game-changing projects, some of which are crucial to the development of the Luzon Economic Corridor, a massive joint undertaking of the Philippines, US, and Japan,” Bingcang said in the interview. These are the Subic-Clark-Manila-Batangas Railway Project, the expansion of the Clark International Airport, and the Clark National Food Hub. “These BCDA projects will help position the region as a key player in the nation’s economic transformation.” Skilled at collaborating to collectively address challenges, Bingcang understands that it takes an interdisciplinary team with a diversity of skills and expertise to create success. This is why he has established and continues to build BCDA’s network across the public and private sectors, both domestic and foreign. For instance, the BCDA is set to sign a deal with a Japanese firm to develop another industrial hub in New Clark City. It has also signed partnerships with Korean experts for the development of inclusive housing within the metropolis, among other smart city initiatives. BCDA is driving forward an ambitious portfolio of projects designed to redefine urban living in Central and Northern Luzon. Among these projects are the development of 44.8-hectare New Clark City Central Park, Clark integrated public transportation system, multimodal transport hubs and transit-oriented development, industrial parks, the smart estate management of New Clark City, a district cooling system, as well as the establishment of a passive ICT infrastructure in New Clark City to ensure enhanced internet connectivity for its existing and future locators. A world-class medical facility in Clark, which will be partially opened in two years, will make medical treatment faster and more accessible to those who wish to live and/or work in the metropolis. “The core principle behind our developments is simple but profound — cities must be designed for the people who live in them and the planet they inhabit. This commitment ensures that Clark will thrive for generations to come, balancing growth with sustainability,” Bingcang said. By developing smart and livable cities, we can continue fulfilling our commitment to strengthening the capabilities of the nation’s armed forces. From May 1993 to December 2023, BCDA’s contribution to the AFP reached P59.71 billion. Of this amount, P48.59 billion is earmarked for the AFP Modernization Program and P11.12 billion for the replication of military facilities in Fort Bonifacio, Taguig City and Villamor Air Base, Pasay City.
‘China achieved its economic goals in 2024’ Global expert community recognises that despite all odds, China is still centre of global economic growth The Chinese national flag is seen in Beijing, China. — Reuters/File The Central Economic Work Conference (CEWC) 2024 was held at a critical time. World economy is grappling with skyrocketing debt, growth rate, protectionism, anti-globalisation and decoupling. Climate change’s impact on economy and global leadership’s unwillingness to tackle it further complicate the economic and development landscape. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); The situation asked for cooperation, but Western world is moving in another direction. They are targeting China and unleashing a new wave of sanctions. However, global expert community recognises that despite all odds, China is still the centre of global economic growth. Statistics show China accounts for 30pc of global economic growth. In addition, China is entering 2025, which is the last year of 14th Development Plan. It is expected China will steer all horses to achieve targets/goals of 14th Plan and create ground for 15th Development Plan. Against this backdrop, the CEWC became very important and was closely watched by the domestic and international community. The CEWC started by analysing performance of 2024, including how economy behaved, what was good, what needed correction and how it contributed to 14th Plan. The leadership expressed satisfaction with the economic performance. It was noted Chinese economy exhibited positive trends and made good progress in implementation of high-quality development. The GDP grew at 4.8pc during first three quarters and is expected to be 5pc by the end of year. Nevertheless, most important part of the meeting was deliberations on economic plan for 2025. However, the leadership is cognizant the economy will have to face challenges on external and internal fronts in 2025. On the external front, China will have to deal with harsh attitude of West, sanctions, protectionism, decoupling, deglobalisation, etc., especially technology sector will have to prepare for more difficult times. On the internal front, country will have to sort out demand issues, ease pressure of supply shocks, manage real estate, rationalise savings (Chinese household savings are the highest among countries; in 2022, household savings increased by $2.6 trillion), ease out local governments from the debt and accelerate high-quality development. Thus, after in-depth discussions and scenario building, CEWC developed a list of policy options and actions to boost the economy in 2025. Efforts will be made to boost consumption and demand at domestic level. It is required to lower impact of external and internal pressure, sustain economic growth, and ensure sustainability of economy in the long run. China is already working on it; in March, China 2024 launched a national programme to promote consumer trade-in. The government issued long-term bonds of 300 billion yuan to support the programme. It has been observed over 300 million consumers benefited from the programme, and 400 billion yuan of business was made through it. Moreover, September stimulus package further boosted consumption. The Chinese government will also issue long-term bonds to expedite consumption. The leadership has also decided to improve further and strengthen social security system so that people can feel free to consume more. The leadership emphasised role of technology in sustainable growth, development and achieving goal of high-quality development. Thus, China will be striving to modernise its production system, supply chain and service sectors. China will work to facilitate and strengthen industries of the future to consolidate its position in emerging technologies. It will introduce a new programme for artificial intelligence promotion and development. Innovation has been identified as a key area for achieving the objective and leading world in Fourth Industrial Revolution. The innovation will also help China protect its economy from negative implications of sanctions imposed by the US. The leadership indicated China would pursue a proactive fiscal policy and rationally lose monetary policy. This is a big step because, after financial crisis of 2008, China has been pursuing a prudent monetary policy. Experts believe China can afford to lose its monetary policy, as it has a huge cushion to increase spending and borrowing, and central government’s debt is only 24pc of GDP. The fiscal and monetary policies will assist China in pursuing excellence in innovation and technological development. They will also promote and strengthen consumption, high-quality development and economic modernisation. The leadership has identified government should formulate new pro-childbirth policies. This is a huge announcement, meaning it is an official departure from previous policy of controlled childbirth. China will develop mechanisms to defuse risk in real estate and local government debt and protect them from such risks in future. The banks will lend 4 trillion yuan in 2024 to help real estate companies. Data shows 2.3 trillion has already been lent to companies. People’s Bank of China will cut the interest rate by 0.5 percentage points, on average, on the outstanding mortgages. The downpayment limit will be lowered from 25pc to 15pc for purchase of a second home. The leadership decided to continue to ease pressure on the real estate sector in 2025. China has decided to promote green development and lower its carbon footprint, fostering high-quality development. The government will focus on rural revitalisation. It will work to modernise agriculture, enhance its competitiveness and modernise food supply chains. This will help ensure food security and strengthen rural economy. China will foster a comprehensive economic opening. Building on the pilot programme to open up in the fields of telecom, healthcare and education, it will further expand the sectors for opening up. The investment efficiency will be ensured, enhanced and made more investment-friendly. To make the opening vibrant and fruitful, coordination among fiscal, monetary, employment, industrial, regional, trade, environmental and regulatory policies, the country’s reform and opening-up measures will be improved. Moreover, China will make efforts to stabilise its global trade. Simultaneously, special efforts will be made to create trade opportunities for other countries and erect mechanisms for sharing dividend of technological development. Lastly, the leadership and China will remain firmly committed to welfare of people. The meeting urged implementation of employment support plans for key sectors and industries as soon as possible. Efforts will be intensified to improve welfare of rural and urban communities, develop community-supported at-home elderly care and expand universally beneficial elderly care services. The above discussion leads to three conclusions. First, China achieved its economic goals in 2024. Building on this success, Beijing will strive to foster economic growth and better prepare itself to achieve goals of 14th Development Plan in 2025. Second, policies and actions outlined for 2025 have long-term implications. Thus, it is assumed outcome of CEWC provides a blueprint for 15th Development Plan. Third, the focus of all policies would be welfare of people and building a community with a shared future.
Shares of Elbit Systems Ltd. ( NASDAQ:ESLT – Get Free Report ) gapped down before the market opened on Thursday . The stock had previously closed at $262.29, but opened at $256.31. Elbit Systems shares last traded at $255.70, with a volume of 5,535 shares traded. Analysts Set New Price Targets Separately, StockNews.com upgraded shares of Elbit Systems from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th. Get Our Latest Report on ESLT Elbit Systems Stock Performance Elbit Systems Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 23rd will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.78%. This is a positive change from Elbit Systems’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Monday, December 23rd. Elbit Systems’s payout ratio is currently 28.38%. Institutional Trading of Elbit Systems Several institutional investors have recently modified their holdings of ESLT. Coastline Trust Co acquired a new position in shares of Elbit Systems in the third quarter valued at $34,000. Point72 DIFC Ltd acquired a new position in shares of Elbit Systems in the 2nd quarter valued at $35,000. Morse Asset Management Inc bought a new position in shares of Elbit Systems during the 3rd quarter worth about $40,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Elbit Systems during the 3rd quarter valued at about $63,000. Finally, Avior Wealth Management LLC increased its stake in Elbit Systems by 49.1% in the third quarter. Avior Wealth Management LLC now owns 480 shares of the aerospace company’s stock valued at $96,000 after acquiring an additional 158 shares during the period. Institutional investors and hedge funds own 17.88% of the company’s stock. Elbit Systems Company Profile ( Get Free Report ) Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments. Featured Articles Receive News & Ratings for Elbit Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elbit Systems and related companies with MarketBeat.com's FREE daily email newsletter .
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wisan224/iStock via Getty Images Myers Industries’ ( NYSE: MYE ) businesses revolve around material handling products and distribution of auto aftermarket tools and equipment. Myers is a collection of various rather independent subsidiaries and the company pursues an active acquisition strategy to Analyst’s Disclosure: I/we have a beneficial long position in the shares of MYE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Hang mittens, more on Tree of Hope Once again, the Tree of Hope where items providing warmth for the the winter for those in need will be in placee in front of the Unitarian Universalist church of Saco and Biddeford at 60 School St. in Saco. Hats, gloves, mittens, scarves, socks and other items for the cold, winter weather donated by members of the church and community will be placed on the tree and are free to take by anyone in need. Community participation and donations are welcome as well as the taking of the gifts by those who need them. To donate, contact the church at 207-282-0062. Matherne Geraldine Matherne named Biddeford’s finance director Geraldine Matherne will serve as Biddeford’s next finance director. The Biddeford City Council unanimously supported City Manager James Bennett’s nomination Matherne for the position Dec. 3. Matherne is a Biddeford resident and has nine years of experience in the city’s Finance Department. She previously served as a staff account for the city and was promoted to deputy finance director in 2018. “I am excited and honored to return to the city of Biddeford as your Finance Director,” Matherne said. “I am confident my knowledge, experiences, and vested interest in the community I am part of will serve our citizens well.” Matherne has most recently served as the finance director for the city of Saco, a position she held since July 2022. She holds a graduate certificate in Accounting from the University of Southern Maine. “I am pleased to welcome Gerry back to the city of Biddeford as a member of our leadership team,” Bennett said. “Gerry’s proven expertise and her extensive knowledge of our history and processes will make for a seamless transition for residents and staff.” Sasha Pavlak, the city’s current finance director, has announced her resignation effective Dec. 31. Matherne will assume the responsibilities of the position on Jan. 5. “I am thrilled to have someone with Gerry’s experience and deep roots in our community returning to lead the Finance Department,” said Mayor Martin Grohman. “I would also like to thank Sasha for her service to our city this year and wish her continued success.” Stuart Atlantic FCU awards scholarship to Dayton woman Atlantic Federal Credit Union congratulates Danielle Stuart of Dayton, the 2024 Atlantic/Amable & Vivian Caron $2,500 college scholarship recipient. Currently attending Husson University, Danielle was selected from numerous entries to receive the award after submitting her application and writing a short essay about her favorite mentor and how they impacted her life. Atlantic President/Chief Executive Officer Scott Chretien said, “We are happy to award Danielle Stuart this scholarship and are proud to support her as she pursues her education. Amable A. Caron and Vivian Caron were long-time members of the Credit Union who wanted to help young members like Danielle pursue higher education. It is an honor to continue their legacy.” Aroma Joe’s Aroma Joe’s opens 2nd location in Saco Aroma Joe’s opened of its newest location in Saco at 933 Portland Road. This 980-square-foot drive thru location features handcrafted coffee and espresso drinks, unique flavor infusions, signature AJ’s RUSH® Energy Drinks and all-day food options. The shop will be open daily from 4:30 a.m. to 10 p.m. The shop will employ approximately 20 local residents, according to a company press release, and is the second Aroma Joe’s to open in Saco under the leadership of franchisee Maryna Shuliakouskaya. Shuliakouskaya was one of Aroma Joe’s first franchisees, opening her first shop in 2013. She now owns and operates 10 locations and is a passionate mentor and motivator for her staff and leadership teams. “We’re excited to grow within the Saco community,” said Maryna Shuliakouskaya, owner of both Saco Aroma Joe’s locations. “This new store allows us to serve more guests and create additional opportunities for local team members. It’s all about sharing the positive energy that Aroma Joe’s is known for.” Aroma Joe’s is a major disruptor in the quick service coffee space, headquartered in Scarborough, Maine and now with 120 locations across Maine, New Hampshire, Massachusetts, Pennsylvania, Florida, Rhode Island, Connecticut and New York. They are currently planning development and opening new stores along the East Coast from Maine to Florida. Aroma Joe’s is actively expanding, and multi-unit franchise opportunities are available. Thornton Academy is presented with the 2024 – 2027 Apple Distinguished School Award. From left are: Ben Grasso, assistant head for faculty and academic affairs; Rene Menard, headmaster; Ben Nasse, director of Technology; and Ryan Wiggins, education leadership executive at Apple. Contributed / Thornton Academy Thornton honored as Apple Distinguished School Thornton Academy, a high school in Saco, has again been recognized as an Apple Distinguished School for “inspiring, imagining, and impacting teaching and learning through continuous innovation,” according to a school press release. The Apple Distinguished School program, recognized in 37 countries, is by invitation only. Schools must meet the program’s rigorous qualifications, including innovative use of the Apple platform, leadership and faculty proficiency with iPad/Apple Pen or Mac, and all students and educators use Apple devices as their primary learning or teaching device to ensure access equity across the entire academic experience. Representatives from Apple and educators from across New England visited the Thornton Academy campus last month to observe teachers and students using Apple technology in the classroom and to see firsthand what makes an Apple Distinguished School. Thornton is one of only 10 schools in all of New England to receive the honor. It has been honored as an Apple Distinguished School continually since 2016. “As educators, we strive to prepare students for a changing world, which includes being comfortable working with technology,” said Ben Grasso, assistant head for faculty and academic affairs at Thornton. “Whatever path students choose after high school, whether they attend college, pursue a trade, or join the military, they will certainly be exposed to technology, and attending an Apple Distinguished School like Thornton Academy gives them a strong foundation to build on.” On its website, Apple notes that “The Apple Distinguished Schools program supports forward-thinking education leaders and their communities who are using Apple technology to inspire, imagine, and impact teaching and learning.” SMAA offers winter Tai Chi Classes Falls are not an inevitable part of aging, yet they can have enormous economic and personal consequences for older adults. According to the CDC, falls are the leading cause of injury for adults ages 65 years and older. The good news is that older adults who remain active have the power to prevent falls. Registrations are now open for in-person and virtual Tai Chi for Health & Balance – Falls Prevention classes offered through Southern Maine Agency on Aging. Tai Chi for Health & Balance is a 10-week, 20-session class that helps improve mobility, breathing, and relaxation with an enjoyable form of exercise that almost anyone can learn. “As a trusted community resource, we are honored to provide evidence-based health programs – such as Tai Chi – that are proven to reduce the incidence of falls among older adults,” said Meg Barhite, SMAA volunteer services director. “Increased strength, flexibility, better mental focus, and improved balance are all wonderful outcomes of the program. Just as importantly, our classes provide social engagement opportunities for clients, and are led by dedicated and trained volunteers.” Southern Maine Agency on Aging’s Winter Tai Chi Classes include: • Introduction to Tai Chi at the South Portland Public Library, Jan. 6 – March 20, Mondays and Thursdays, 9-10 a.m. • Introduction to Tai Chi at Scarborough Community Services, Jan. 14 – March 20, Tuesdays and Thursdays, 1:30-2:30 p.m. • Introduction to Tai Chi on Zoom (Technical assistance offered for users new to Zoom), Jan. 14 – March 20, Tuesdays and Thursdays, 9-10 a.m. • Deepening Tai Chi on Zoom for participants who have completed the SMAA intro class Jan. 14 – March 20, Tuesdays and Thursdays, 9-10 a.m. Class sizes are limited and pre-registration is required. Visit the events page at smaaa.org/events or call 207-396-6578 to pre-register and check out other class locations and dates. For more information, call 207-396-6578 or email agewell@smaaa.org. SMS a finalists in STEM competition Saco Middle School is one of 300 public middle and high schools from across the country named as a state finalist in the 15th annual Samsung Solve for Tomorrow national STEM (Science, Technology, Engineering, and Mathematics) competition. In addition to Saco Middle School, the other Maine State Finalists are: Nokomis Regional High School in Newport, Nokomis Regional Middle School in Newport, Noble High School in North Berwick, and Camden Hills Regional High School (two teams) in Rockport. Each finalist has won a $2,500 Samsung technology prize package, an initial milestone on the path toward becoming one of three National Winners that will each unlock $100,000 for their school. Overall, Samsung will award more than $2 million in prizes to this year’s participating schools. Samsung Solve for Tomorrow is among the most awarded national STEM competitive programs, according to a Samsung press release, recently recognized with the U.S. Chamber of Commerce Foundation Citizens Award for Best Commitment to Education Program, the Digiday Greater Good Award for Education, and a Silver Anthem Award for Community Engagement and CSR. The education-based citizenship initiative empowers students in grades 6–12 to leverage the power of STEM to create innovative solutions addressing critical issues in their local communities. The competition engages Gen Z and Gen Alpha students to catalyze positive change by applying Problem-based Learning (PBL) principles, environmental stewardship, and social impact entrepreneurship to tackle some of society’s most pressing challenges. By promoting active, hands-on learning, Solve for Tomorrow makes STEM more tangible for young learners, and opens doors to future opportunities in STEM education and careers. For the next phase of the Samsung Solve for Tomorrow competition, teachers must create a focused activity plan. Plans must outline how students will execute their STEM project by defining the community problem, proposing a STEM-based solution, specifying objectives, detailing activities to reach their anticipated goals, and articulating the expected positive impact their solution will bring to the community. Activity plans are due Jan. 9, at 11:59 p.m. EST. Based on these activity plans, judges will select State Winners, who will be revealed in March 2025. Comments are not available on this story. Send questions/comments to the editors. « Previous
Global Fast-moving Consumer Goods Software Market Size, Share and Forecast By Key Players-Abel Software, SANeForce, FieldAssist, Uneecops Technologies, Infopulse 12-15-2024 06:22 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Fast-moving Consumer Goods Software Market USA, New Jersey- According to the Market Research Intellect, the global Fast-moving Consumer Goods Software market is projected to grow at a robust compound annual growth rate (CAGR) of 8.04% from 2024 to 2031. Starting with a valuation of 14.57 Billion in 2024, the market is expected to reach approximately 23.17 Billion by 2031, driven by factors such as Fast-moving Consumer Goods Software and Fast-moving Consumer Goods Software. This significant growth underscores the expanding demand for Fast-moving Consumer Goods Software across various sectors. The Fast-Moving Consumer Goods (FMCG) Software Market is expanding rapidly as businesses in the sector seek to optimize operations, improve supply chain efficiency, and enhance customer engagement. With the growing need for real-time data, predictive analytics, and automation, FMCG companies are increasingly adopting software solutions that streamline inventory management, sales forecasting, and distribution processes. The rise of e-commerce and digital marketing has also boosted demand for software that can support multi-channel strategies and track consumer behavior. Additionally, advancements in AI and machine learning enable FMCG companies to make data-driven decisions, personalize offerings, and improve customer loyalty. As consumer preferences evolve and competition intensifies, the market for FMCG software is projected to continue its growth trajectory, driven by the need for agility, efficiency, and innovation in an increasingly digitalized world. The dynamics of the Fast-Moving Consumer Goods Software Market are driven by technological advancements, evolving consumer behaviors, and the increasing demand for operational efficiency. Automation and AI-powered solutions are transforming areas such as inventory management, demand forecasting, and production planning, helping businesses reduce costs and improve responsiveness. The integration of cloud-based platforms facilitates seamless collaboration, real-time monitoring, and data accessibility. However, challenges such as high implementation costs, data privacy concerns, and the complexity of integrating software with existing systems may hinder market growth. The increasing need for omnichannel capabilities, personalized marketing, and faster delivery options is shaping the software landscape. As FMCG companies strive to stay competitive and adapt to changing market conditions, the software market continues to evolve, supporting enhanced decision-making and customer satisfaction. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=9572490&utm_source=OpenPr&utm_medium=042 Key Drivers: The growth of the Fast-moving Consumer Goods Software market is driven by several key factors. Technological advancements in Fast-moving Consumer Goods Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Fast-moving Consumer Goods Software and Fast-moving Consumer Goods Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Fast-moving Consumer Goods Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Fast-moving Consumer Goods Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Fast-moving Consumer Goods Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Fast-moving Consumer Goods Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=9572490&utm_source=OpenPr&utm_medium=042 The following Key Segments Are Covered in Our Report By Type Cloud Based On-premises By Application Large Enterprises SMEs Major companies in Fast-moving Consumer Goods Software Market are: Abel Software, SANeForce, FieldAssist, Uneecops Technologies, Infopulse, Excellon Software, Abivin vRoute, IBM, Trax Retail, Salsify, Entersoft Global Fast-moving Consumer Goods Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Fast-moving Consumer Goods Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Fast-moving Consumer Goods Software and Fast-moving Consumer Goods Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Fast-moving Consumer Goods Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Fast-moving Consumer Goods Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Fast-moving Consumer Goods Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Fast-moving Consumer Goods Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Fast-moving Consumer Goods Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Fast-moving Consumer Goods Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Fast-moving Consumer Goods Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Fast-moving Consumer Goods Software market? Answer: The Fast-moving Consumer Goods Software market was valued at approximately 14.57 Billion in 2024, with projections suggesting it will reach 23.17 Billion by 2031, growing at a CAGR of 8.04%. 2. What factors are driving the growth of the Fast-moving Consumer Goods Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Fast-moving Consumer Goods Software, advancements in Fast-moving Consumer Goods Software technology, and the adoption of Fast-moving Consumer Goods Software across various sectors. 3. Which regions are expected to dominate the Fast-moving Consumer Goods Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Fast-moving Consumer Goods Software. 4. Who are the key players in the Fast-moving Consumer Goods Software market? Answer: Prominent companies in the Fast-moving Consumer Goods Software market include Fast-moving Consumer Goods Software, Fast-moving Consumer Goods Software, and Fast-moving Consumer Goods Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Fast-moving Consumer Goods Software market face? Answer: The market faces challenges such as Fast-moving Consumer Goods Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Fast-moving Consumer Goods Software market? Emerging trends include the integration of Fast-moving Consumer Goods Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Fast-moving Consumer Goods Software market? Answer: Businesses can leverage growth opportunities in the Fast-moving Consumer Goods Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Fast-moving Consumer Goods Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Fast-moving Consumer Goods Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/global-fast-moving-consumer-goods-software-market?utm_source=OpenPr&utm_medium=042 About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.