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themarketinsights · 1 year

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Revolutionizing Urban Mobility with On-Demand Transportation: Market Trends and Analysis

Latest Study on Industrial Growth of On-Demand Transportation Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the On-Demand Transportation market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/67291-global-on-demand-transportation-market#utm_source=DigitalJournalVinay

Major players profiled in the study are:

International Business Machines Corporation (United States), BMW Group (Germany), Daimler Group (Germany), Ford Motor Company (United States), General Motor Company (United States), Gett, Inc. (United States), Robert Bosch GmbH (Germany), Avis Budget Group, Inc. (United States), Toyota Motor Corporation (Japan), Uber Technologies Inc. (United States), Ola Inc. (India), Careem (Saudi Arabia), City mapper (United Kingdom),

Scope of the Report of On-Demand Transportation

On-demand transportation refers to the transport facility at the request of customers. It offers physical transfer of people from one place to another and other services such as pre-booked buses and trucks for long distance travel. Of late, it has been observed that on-demand transportation service providers are managing their own fleet to maximize the profit. Further, growing online transportation market and IT services expected to dive the on-demand transportation market for the forecasted period

The Global On-Demand Transportation Market segments and Market Data Break Down are illuminated below:

by Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Application (Public Transportation, Freight Transportation, Other), Vehicle Type (Four Wheeler, Micro Mobility)

Market Opportunities:

The growing focus on email marketing strategy to establish better engagement with customers

Market Drivers:

Increasing Demand Of On the Go Services Owing To Changing Lifestyle

Growing Technology Engagement Such As Digitization and Smart Phone Penetration

Market Trend:

Growing Demand for Sharing Transportation Services Especially Among Corporate Commuters

What can be explored with the On-Demand Transportation Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global On-Demand Transportation Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in On-Demand Transportation

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global On-Demand Transportation Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/67291-global-on-demand-transportation-market#utm_source=DigitalJournalVinay

Table of Contents

Global On-Demand Transportation Market Research Report

Chapter 1 Global On-Demand Transportation Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global On-Demand Transportation Market Forecast

Finally, On-Demand Transportation Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=67291#utm_source=DigitalJournalVinay

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact Us:

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

#On-Demand Transportation Market Analysis #On-Demand Transportation Market Forecast #On-Demand Transportation Market Growth #On-Demand Transportation Market Opportunity #On-Demand Transportation Market Share #On-Demand Transportation Market Trends

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aimarketresearch · 1 month

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Rail Public Transport Market Size, Share, Trends, Demand, Growth and Competitive Analysis

Global Rail Public Transport Market report puts light on analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, and applications globally. This market research report performs an estimation of the growth rate and the market value based on market dynamics and growth inducing factors. Local, regional as well as global market has been considered here to conduct the research study of Rail Public Transport Market report. The report can be accessible to the users in the form of PDF or spreadsheet. Moreover, PPT format can also be offered depending upon client’s requirement.

While preparing an outstanding Rail Public Transport Market report, combination of best industry insight, practical solutions, talent solutions and latest technology have been utilized. The report aids in taking important decisions for the growth of business. What is more, with the utilization of best-practice models, comprehensive market analysis and research methodologies in this business report, it becomes simple to obtain perfect market segmentation and insights. The report also takes into consideration the detailed profiles of market’s major manufacturers and importers who are dominating the market. The world class Rail Public Transport Market report enlists key competitors with the required specifications and also endows with the strategic insights and analysis of the main factors influencing the industry.

Rail Public Transport Market, By Type (Passenger Rail Transportation, Rail Freight Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport, Intermodals, Tank Wagons, Freight Cars, Heavy Rail, Light Rail), Application (Train Rail, Gantry Crane's Rail, Temporary Transport), Locality (City, Rural), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.

Access Full 350 Pages PDF Report @

Core Objective of Rail Public Transport Market:

Every firm in the Rail Public Transport Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

Size of the Rail Public Transport Market and growth rate factors.

Important changes in the future Rail Public Transport Market.

Top worldwide competitors of the Market.

Scope and product outlook of Rail Public Transport Market.

Developing regions with potential growth in the future.

Tough Challenges and risk faced in Market.

Global Rail Public Transporttop manufacturers profile and sales statistics.

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Rail Public Transport Market

Chapter 3: Regional analysis of the Global Rail Public Transport Market industry

Chapter 4: Rail Public Transport Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Regional Analysis for Rail Public Transport Market:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

North America (U.S., Canada, and Mexico)

South America (Brazil, Chile, Argentina, Rest of South America)

MEA (Saudi Arabia, UAE, South Africa)

Some of the major players operating in the rail public transport market report are TfL, MTR Corporation Limited, Bay Area Rapid Transit (BART), Chicago Transit Authority, WMATA, Massachusetts Bay Transportation Authority, METRO Cash & Carry India Pvt. Ltd., MTS Systems, MetroMadrid, Advantech Co., Ltd., Atos SE, SEOUL METROPOLITAN GOVERNMENT., Conduent Inc., FREQUENTIS, and Metro Infrasys Pvt. Ltd., among others.

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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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#Rail Public Transport Market Size #Share #Trends #Demand #Growth and Competitive Analysis #market share #market report #market trends #marketresearch #market size #market analysis #markettrends #market research

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lalsingh228-blog · 5 months

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5G in Automotive and Smart Transportation Market Gaining Momentum Ahead on Innovation

The Latest research coverage on 5G in Automotive and Smart Transportation Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns. Access Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/159411-global-5g-in-automotive-and-smart-transportation-market

Major & Emerging Players in 5G in Automotive and Smart Transportation Market:- Thales Group (France), Huawei Technologies Co., Ltd. (China), Siemens AG (Germany), IBM Corporation (United States), Cisco Systems, Inc. (United States), SAP (Germany), Cubic Corporation (United States), Alstom (France), Bombardier Inc. (Canada), Harris Corporation (United States). The 5G in Automotive and Smart Transportation Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the 5G in Automotive and Smart Transportation market. The fifth generation of mobile networks is referred to as 5G. After 1G, 2G, 3G, and 4G, it is a new mobile standard. 5G promises ultra-low latency, improved network reliability, and increased network capability. 5G would have an effect on every industry due to its high speeds, increased reliability, and low latency. Smart transportation IoT solutions, when combined with smart city solutions, allow government agencies and their partners to improve community services and transportation for all, resulting in a cleaner, more reliable transportation system in cities. Smart transportation IoT solutions provide real-time visibility and reliable data, allowing city transportation authorities and organisations to increase performance while also building smarter, greener cities for their residents. The titled segments and sub-section of the market are illuminated below: by Type (Advanced Traveler Information Systems (ATIC), Advanced Transportation Management Systems (ATMS), Advanced Transportation Pricing Systems (ATPS), Advanced Public Transportation Systems (APTS), Cooperative Vehicle Systems), Application (Traffic Management, Road Safety and Security, Parking Management, Public Transport, Other), Brandwidth (Low Band 5G, Mid Band 5G, High Band 5G) Market Trends: Rising Consumption of Autonomous Vehicles

Opportunities: Increased Smart city projects in developed nations

Growing Artificial intelligence and IoT

Rising Demand for Efficient Transportation Networks across the World

Market Drivers: Government support and investments for transportation infrastructure growth has increased

Rise in Demand for Safety, Comfort, and Convenience

Encouraging the Development and promotion of Green Fuels

Challenges: Complexities in Integration over Legacy Systems and Networks

Lack of Trust in A.I. Due to Inexperience of Human Expertise in A.I. Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/159411-global-5g-in-automotive-and-smart-transportation-market Some Point of Table of Content: Chapter One: Report Overview Chapter Two: Global Market Growth Trends Chapter Three: Value Chain of 5G in Automotive and Smart Transportation Market Chapter Four: Players Profiles Chapter Five: Global 5G in Automotive and Smart Transportation Market Analysis by Regions Chapter Six: North America 5G in Automotive and Smart Transportation Market Analysis by Countries Chapter Seven: Europe 5G in Automotive and Smart Transportation Market Analysis by Countries Chapter Eight: Asia-Pacific 5G in Automotive and Smart Transportation Market Analysis by Countries Chapter Nine: Middle East and Africa 5G in Automotive and Smart Transportation Market Analysis by Countries Chapter Ten: South America 5G in Automotive and Smart Transportation Market Analysis by Countries Chapter Eleven: Global 5G in Automotive and Smart Transportation Market Segment by Types Chapter Twelve: Global 5G in Automotive and Smart Transportation Market Segment by Applications What are the market factors that are explained in the 5G in Automotive and Smart Transportation Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market. Buy This Exclusive Research Here: https://www.advancemarketanalytics.com/buy-now?format=1&report=159411 Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]

#Global 5G in Automotive and Smart Transportation Market #5G in Automotive and Smart Transportation Market Demand #5G in Automotive and Smart Transportation Market Trends #5G in Automotive and Smart Transportation Market Analysis #5G in Automotive and Smart Transportation Market Growth #5G in Automotive and Smart Transportation Market Share #5G in Automotive and Smart Transportation Market Forecast #5G in Automotive and Smart Transportation Market Challenges

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tbrcresearchreport · 11 months

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The global on-demand transportation market size grew from $133.09 billion in 2022 to $161.79 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%.

#on demand transportation market growth #on demand transportation market forecast #global on demand transportation market #on demand transportation market size #on demand transportation market share #on demand transportation market trends #on demand transportation market overview #on demand transportation market outlook #on demand transportation market analysis #on demand transportation market report #on demand transportation market insights #on demand transportation market data

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surajmarathedb1 · 1 year

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SMART TRANSPORTATION Market Growth, Industry Size-Share, Global Trends, Key Players Strategies and Upcoming Demand

Data Bridge Market Research analyses that the SMART TRANSPORTATION MARKET will project a compound annual growth rate (CAGR) of 11.1% during the forecast period of 2022-2029.

A world class SMART TRANSPORTATION MARKET research report is formulated with the finest and advanced tools of collecting, recording, estimating and analysing market data. With the systematic and comprehensive market research study, this market research report offers the facts associated with any subject in the field of marketing for ICT industry. It gives superior ideas and solutions in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This SMART TRANSPORTATION MARKET report has been prepared by considering several fragments of the present and upcoming market scenario.

SMART TRANSPORTATION MARKET Scope and Market Size

The smart transportation market is segmented on the basis of transportation mode and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Get the Free sample copy of the report here:

Some of the key questions answered in this report:

How has the SMART TRANSPORTATION MARKET performed so far and how will it perform in the coming years?

What has been the impact of COVID-19 on the SMART TRANSPORTATION MARKET?

What are the key regional markets?

What are the key driving factors and challenges in the industry?

What is the structure of the SMART TRANSPORTATION MARKET and who are the key players?

Market Analysis and Insights: SMART TRANSPORTATION MARKET

Data Bridge Market Research analyses that the smart transportation market was valued at USD 104.99 billion in 2021 and is further estimated to reach USD 243.70 billion by 2029, and is expected to grow at a CAGR of 11.1% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

SMART TRANSPORTATION MARKET - Regional Level Analysis

The countries covered in the smart transportation market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

SMART TRANSPORTATION MARKET - Share Analysis:

The global SMART TRANSPORTATION MARKET competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to SMART TRANSPORTATION MARKET.

Key player - SMART TRANSPORTATION MARKET

Some of the major players operating in the SMART TRANSPORTATION MARKET are

Kapsch Traffic Com (Austria)

Gemalto NV (Netherlands)

Thales Group (France)

Alstom (France)

MSR-Traffic GmbH (Germany)

Cubic Corporation (U.S.)

WS ATKINS PLC (U.K.)

Cisco System, Inc. (U.S.)

Accenture (Ireland)

IBM (U.S.)

LG CNS (South Korea)

Indigo Group (India)

Toshiba Corporation (Japan)

Schneider Electric (France)

Siemens (Germany)

Get Full Access of Report@

MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Scope and Market Size

Chapter Three: Analysis and Insights

Chapter Four: Country Level Analysis

Chapter Five: Share Analysis

Chapter Six: Key player

Get TOC Details:

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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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blogaarti · 1 year

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Zero Emission Vehicle Market Demand, Future Trends, Size, Share and Outlook till 2029

As the adverse effects of climate change continue to exacerbate, many new innovations are being introduced to curtail carbon emissions. To this end, zero-emission vehicles (ZEVs) have emerged as one of the most promising products. Many governments and environmental agencies are actively seeking to boost the adoption of cleaner modes of transportation. They are introducing stricter regulations and more lucrative incentives to attract consumer interest in ZEVs. According to the International Council on Clean Transportation (ICCT), the number of ZEVs is expected to reach about 168 million by the year 2040. Industry participants are also focussing on boosting the desirability of used ZEVs as a means of monetary savings through low maintenance and fuel costs. Moreover, growing EV sales have incentified the manufacturers to improve battery technology. All these developments are poised to create considerable business opportunities for the global zero emission vehicle market.

For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/zero-emission-vehicle-market

Promising Battery and Hydrogen Fuel Cell Innovations to Foster Growth Prospects of Zero Emission Vehicle Market

As the interest in low and zero-emission vehicles continues to grow, many industry stakeholders are seeking to leverage this business opportunity. The battery technology has improved at a tremendous pace with better range, performance, and thermal management. Moreover, these batteries are now more cost-effective and have fast charging times. All these factors are working in conjunction to boost sales and overall consumer interest in ZEVs. Besides, hydrogen fuel cell technology is also being explored as a viable electric alternative. The developments are expected to facilitate the economies of scale for EVs. The cumulative force of these factors is influencing the growth of the global zero emission vehicle market. Stringent Government Norms to Boost Adoption Rate in Zero Emission Vehicle Market

Growing environmental concerns has pushed many governments to take strict action and limit the effects of climate change. Stringent norms are being introduced across the world to decrease carbon dioxide and nitrogen oxide emissions in the environment. Transitioning to sustainable and clean transportation has been a key focus area in these efforts. Against this backdrop, the demand for zero emission vehicles is expected to surge in the foreseeable future. Both commercial and personal ZEVs are exhibiting paced growth in demand. Prospective customers are also being offered subsidies to boost the sales of ZEVs. These trends are leading the global zero emission vehicle market to sound maturity.

Asia Pacific to Lead Zero Emission Vehicle Market Amidst Thriving Regional Automotive Sector

The flourishing automobile domain, coupled with a high focus on controlling emissions and environmental damage is boding well for the zero emission vehicle market in Asia Pacific. China is one of the most influential participants in the region’s fruitful ZEV business landscape. It is a major contributor to overall EV sales globally. Moreover, it is a global manufacturing hub of vehicles and batteries. The presence of supportive government norms, availability of affordable labour, and efforts to limit emissions are cementing Asia Pacific’s leading regional market position.

Leading Market Players

Some of the most active players in the global zero emission vehicle market include BMW AG, Ford Motor Company, Tata Motors, Ampere Vehicles, Daimler AG, Hyundai Motor Company, Tesla Inc., Volkswagen AG, and General Motors.

For More Information Visit: https://www.fairfieldmarketresearch.com/report/zero-emission-vehicle-market

About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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myresearchs · 2 years

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jokeroutsubs · 22 days

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📝 ENG Translation: European Tours in Times of Inflation

💬Kris Guštin shares some insight into the organization of Joker Out's recent See You Soon tour.

Article written by Gašper Završnik and published in Delo on 03.04.2024, English translation by a member of JOS and @kurooscoffee, Proofread by IG GBoleyn123.

Coping with rising costs and crowded markets is a challenge for the whole industry.

The concert part of the music industry in the post-Covid era is characterised by the expansion of live performance. The long-suppressed desire to tour, to perform in front of audiences in as many countries as possible, is only this year being fully realised.

We took a look at how European touring is going in the new inflation-driven reality. This was one of the themes of the conference part of this year's Ment¹. The European concert market is facing many challenges, such as the rising costs of touring, organising concerts and festivals, increasing musician fees and, as a consequence, more and more expensive tickets. There is also the question of how to manage the concentration and congestion of concert venues and balancing the availability of the most sought-after artists. An additional problem is finding opportunities for new performers in such a competitive environment.

¹Ment is a showcase festival and music conference that happens every year in Ljubljana.

We also enquired about the European tours of Slovenian performers, two groups that have a different style and a different audience, Joker Out and Širom².

²We translated only the part of the article that was relevant to Joker Out.

Joker Out recently returned from a European Tour. As Kris Guštin told us, it was organised by “a booking agent from the Wasserman agency and our manager. The booking agent arranges the concerts, the conditions, and the dates, and then the manager comes up with all the logistics, that is, he arranges the transport, the accommodation, puts together a team and everything that needs to be done.” He says that tours have always been a big financial investment for performers. “Especially for performers of our size, who have only just started breaking into the European market, where the ticket sales often don’t make up for the costs of transit, accommodation, and the salaries of the performers and the team. The inflation over the past few years is of course making that even harder, but the musical market has slowly adapted to that with higher ticket prices.”

Joker Out had 19 concerts in 18 cities in 12 countries this year, and they have three more coming up in Great Britain. The ticket price for each concert is determined based on the size of the venue, how in-demand the artist is, the local standard, and the overall concert-going culture in a certain place.

Joker Out are very happy with how many people came to their concerts. “The turnout differed across Europe. In the countries we’re strong in, like Finland and the Netherlands, we played for crowds from 1500 to 2000 people, and for countries we haven't played in a lot yet, like Germany and France, we performed for 500 to 1000 people. The venues were always nicely filled and the audience was excited.”

We asked Guštin what they base the length of the tour on. “The length of the tour is based on demand, territory strategy, and how busy the performer is. In our case, we decided for a month-long tour, in which we covered a lot of countries that we couldn’t do last year,” he added.

#joker out #kris guštin #bojan cvjetićanin #jan peteh #jure maček #nace jordan #jokeroutsubs #delo

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rideboomindia · 25 days

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RideBoom, a ride-hailing company, has demonstrated its ability to adapt to changing market conditions through various strategies and initiatives. Here are some examples of how RideBoom has adapted:

Introduction of new features and technologies: RideBoom has continuously introduced new features and technologies to differentiate its service from competitors and meet evolving customer needs. This includes features like real-time tracking, in-app payments, and integration with popular navigation apps [1].

Expansion into new markets: RideBoom has expanded its operations into new cities and countries, allowing it to tap into new customer bases and increase its market reach. By adapting its services to local market conditions and regulations, RideBoom has successfully entered and established a presence in multiple regions [1].

Diversification of services: In response to changing customer demands, RideBoom has diversified its services beyond traditional ride-hailing. It has introduced options like food delivery, package delivery, and bike-sharing, providing customers with a wider range of services and increasing revenue streams [1].

Partnerships and collaborations: RideBoom has formed strategic partnerships and collaborations with other companies to enhance its services and adapt to market conditions. For example, it has partnered with local restaurants for food delivery services and collaborated with bike-sharing companies to offer additional transportation options [1].

Adoption of sustainable practices: RideBoom has recognized the growing demand for sustainable transportation options and has taken steps to incorporate electric vehicles into its fleet. By introducing electric vehicles and promoting eco-friendly practices, RideBoom has adapted to changing market preferences and positioned itself as an environmentally conscious ride-hailing service [2].

These examples highlight RideBoom's ability to innovate, expand, and adapt to changing market conditions, ensuring its continued success in the ride-hailing industry.

Learn more:

Why RideBoom team is best placed to ensure that the innovation will succeed - RideBoom

Why RideBoom team is best placed to ensure that the innovation will succeed? | by Harman | Medium

Ride-hailing And Taxi Market Strategies: Navigating Growth Plans and Industry Developments through 2032

#rideboom #rideboom app #delhi rideboom #ola cabs #biketaxi #uber #rideboom taxi app #uber driver #uber taxi #ola

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not-terezi-pyrope · 3 months

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Philosophical survey/poll of the day: Disregarding the morality of usage, what is the morality of *buying* black market drugs?

I've been thinking about this again in light of recent consumer boycotts. First let me state upfront that I am not soliciting advice for me personally, this is a hypothetical. Neither am I advocating that people buy or use drugs, nor am I condemning people who do. I am generally very pro-autonomy for questions of drug use, and think that a person using drugs has, in and of itself, no moral weight.

I am interested in what people think about the moral weight of buying drugs off the black market, however. Elaboration below, followed by a poll:

My question is about the morality of accessing the drugs trade as an end consumer, given that, according to popular conception at least, a lot of substances are supplied by "criminal gangs" who might also participate in more violent crime? Like, obviously this isn't so much a deal for weed because that's probably just some dudes growing it in their attic, but consider for example when people buy harder drugs, like cocaine, for example.

You can't trace the supply chain, but even the end point of purchase is some small-time dealer who sells drugs and isn't involved in anything else, at some point it will have been smuggled into your country, which might involve larger gangs, or like, organized crime operations who also are involved with violent crime. You likely don't know that for sure, but the point is you can't know, so my question is, does the spectre of potential violent crime in the process of producing and transporting an illegal drug make the purchase of the drug immoral, in the same way that some people say it is immoral not to boycott legal companies that are complicit in atrocities?

Alternatively, there are also these factors that may or may not excuse this:

One might argue that if you aren't aware of any specific harms in the production of a product, then you as the consumer shouldn't be obligated to suspect them, even if the context is the sale of black market goods.

One might argue that the harms perpetrated by the black market drugs trade, insofar one would contribute to them as an end-buyer, have their moral weight placed upon the legal system for outlawing the drug in question and therefore not allowing a verifiably ethical vendor to exist.

One might argue that the demand for illegal drugs is so ubiquitous and constant that whether you personally "boycott" the industry or not makes no difference, so you shouldn't feel bad for skimming off the top of what's already there, you're only contributing a very small percentage and the core audience for drugs isn't going to go anywhere no matter what you do, as the last centuries of prohibitions has proven

One might argue that the scope of criminal violence involved in drugs supply is overstated/sensationalized, and that any specific source of drugs probably isn't going to involve cartels assassinating people like in breaking bad or whatever, if the drug is produced by countries with low economic development then you might actually be doing good by providing income for people who have no alternatives

One might argue that the harms caused by the production and smuggling of black market goods are in no way worse than the harms perpetrated by the legal economy, which also has its fingers in many violent or exploitative acts and provably so, so it's not meaningfully any different to ordering from McDonald's or whatever.

I had a conversation with friends about this several years ago and I think that most people who were already okay with drug use in a personal capacity thought that the purchase of drugs is probably fine, but I'm interested to see what people think these days, and now tumblr has polls, so share your thoughts:

#not-terezi-speaks #poll #drugs #drug use #drugs cw #substances cw #ethics

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usafphantom2 · 4 months

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China offered its Y-20 transport plane to Nigeria

The air transport plane was placed on the international market in November, when it was shown to the head of Nigeria's defense.

Fernando Valduga By Fernando Valduga 01/13/2024 - 19:00 in Military

China is trying to sell its Y-20 Kunpeng transport plane to foreign buyers, with its manufacturer expanding production capacity in preparation, according to media reports.

The strategic military transport aircraft was placed on the international market in November, when the Y-20BE model was shown to Nigeria's Defense Minister Mohammed Badaru Abubakar in Beijing, the military magazine Ordnance Industry Science Technology reported last week.

The heavy transport plane, nicknamed the 'chubby girl' (chubby girl) for its large fuselage, is comparable to the Soviet Ilyushin Il-76 and the American Boeing C-17.

According to the report, it will be an opportunity for China to “establish deeper strategic relations and cooperation with countries as soon as they have the Y-20”.

Although Nigeria currently depends on the C-130 Hercules as its main tactical air transport aircraft, military experts say the Y-20E would provide the country with genuine strategic air transport capabilities.

The aircraft manufacturer, XAIC, operates assembly lines for mass production, according to the Chinese state broadcaster.

Its manufacturer, the state-owned Xian Aircraft Industrial Corporation (XAIC), has been operating assembly lines for mass production to increase efficiency and expand capacity, the state broadcaster CCTV reported in November.

Instead of mounting the aircraft on a fixed workstation, its parts are moved along a "pulse line" as the work steps are completed - similar to the way cars are produced. These assembly lines are used to build some of the most advanced aircraft in the world, including the Lockheed Martin F-35 and the Boeing 787.

More than 90 percent of the parts of the Y-20 are manufactured by a digitized system, according to the CCTV report, which showed images from the XAIC factory of robotic arms, remotely controlled maneuvers and laser-assisted high-precision assembly work.

The broadcaster's report said that the production capacity of the plant could meet the demand of both the Chinese air force and international customers.

"The production speed of the Y-20 is the fastest in the world in this type," he said.

The People's Liberation Army Air Force (PLAAF) has received almost 100 planes so far, half of them in the last two years.

The plane, which is 47 meters long and 50 meters wide, has become the flagship of the People's Liberation Army since it entered service in 2016. It can transport up to 66 tons.

XAIC has delivered almost 100 planes to the PLA Air Force so far - about half of them in the last two years. It also changed from Russian-made Soloviev D-30KP-2 engines to the most powerful Chinese-made Shenyang WS-20 turbofan engines.

Variants were also developed, the Y-20U tank plane and the Y-20AEW airborne alert and early control aircraft.

Tags: Military AviationChinaNAF - Nigerian Air Force/Nigerian Air ForceXian Y-20

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Fernando Valduga

Aviation photographer and pilot since 1992, he has participated in several events and air operations, such as Cruzex, AirVenture, Dayton Airshow and FIDAE. He has works published in specialized aviation magazines in Brazil and abroad. He uses Canon equipment during his photographic work in the world of aviation.

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mariacallous · 1 year

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As Russia ramps up its second offensive, a debate has erupted over whether Moscow or Kyiv will have the upper hand in 2023. While important, such discourse also misses a larger point related to the conflict’s longer-term consequences. In the long run, the true loser of the war is already clear; Russian President Vladimir Putin’s invasion of Ukraine will be remembered as a historic folly that left Russia economically, demographically, and geopolitically worse off.

Start with the lynchpin of Russia’s economy: energy. In contrast to Europe’s (very real) dependence on Russia for fossil fuels, Russia’s economic dependence on Europe has largely gone unremarked upon. As late as 2021, for example, Russia exported 32 percent of its coal, 49 percent of its oil, and a staggering 74 percent of its gas to OECD Europe alone. Add in Japan, South Korea, and non-OECD European countries that have joined Western sanctions against Russia, and the figure is even higher. A trickle of Russian energy continues to flow into Europe, but as the European Union makes good on its commitment to phase out Russian oil and gas, Moscow may soon find itself shut out of its most lucrative export market.

In a petrostate like Russia that derives 45 percent of its federal budget from fossil fuels, the impact of this market isolation is hard to overstate. Oil and coal exports are fungible, and Moscow has indeed been able to redirect them to countries such as India and China (albeit at discounted rates, higher costs, and lower profits). Gas, however, is much harder to reroute because of the infrastructure needed to transport it. With its $400 billion gas pipeline to China, Russia has managed some progress on this front, but it will take years to match current capacity to the EU. In any case, China’s leverage as a single buyer makes it a poor substitute for Europe, where Russia can bid countries against one another.

This market isolation, however, would be survivable were it not for the gravest unintended consequence of Russia’s war—an accelerated transition toward decarbonization. It took a gross violation of international law, but Putin managed to convince Western leaders to finally treat independence from fossil fuels as a national security issue and not just an environmental one.

This is best seen in Europe’s turbocharged transition toward renewable energy, where permitting processes that used to take years are being pushed up. A few months after the invasion, for example, Germany jump-started construction on what will soon be Europe’s largest solar plant. Around the same time, Britain accelerated progress on Hornsea 3, slated to become the world’s largest offshore wind farm upon completion. The results already speak for themselves; for the first time ever last year, wind and solar combined for a higher share of electrical generation in Europe than oil and gas. And this says nothing of other decarbonization efforts such as subsidies for heat pumps in the EU, incentives for clean energy in the United States, and higher electric vehicle uptake everywhere.

The cumulative effect for Russia could not be worse. Sooner or later, lower demand for fossil fuels will dramatically and permanently lower the price for oil and gas—an existential threat to Russia’s economy. When increased U.S. shale production depressed oil prices in 2014, for example, Russia experienced a financial crisis. Lower global demand for fossil fuels will play out over a longer timeline, but the result for Russia will be much graver. With its invasion, Russia hastened the arrival of an energy transition that promises to unravel its economy.

Beyond a smaller and less efficient economy, Putin’s war in Ukraine will also leave Russia with a smaller and less dynamic population. Russia’s demographic problems are well-documented, and Putin had intended to start reversing the country’s long-running population decline in 2022. In a morbid twist, the year is likelier to mark the start of its irrevocable fall. The confluence of COVID and an inverted demographic pyramid already made Russia’s demographic outlook dire. The addition of war has made it catastrophic.

To understand why, it’s important to understand the demographic scar left by the 1990s. In the chaos that followed the Soviet Union’s dissolution, Russia’s birthrate plunged to 1.2 children per woman, far below the 2.1 needed for a population to remain stable. The effects can still be seen today; while there are 12 million Russians aged 30-34 (born just before the breakup of the Soviet Union), there are just 7 million aged 20-24 (born during the chaos that followed it). That deficit meant Russia’s population was already poised to fall, simply because a smaller number of people would be able to have children in the first place.

Russia’s invasion has made this bad demographic hand cataclysmic. At least 120,000 Russian soldiers have died so far—many in their 20s and from the same small generation Russia can scarcely afford to lose. Many more have emigrated, if they can, or simply fled to other countries to try to wait out the war; exact numbers are hard to calculate, but the 32,000 Russians who have immigrated to Israel alone suggest the total number approaches a million.

Disastrously, the planning horizons of Russian families have been upended; it is projected that fewer than 1.2 million Russian babies may be born next year, , which would leave Russia with its lowest birthrate since 2000. A spike in violent crime, a rise in alcohol consumption, and other factors that collude against a family’s decision to have children may depress the birthrate further still. Ironically, over the last decade Putin managed to slow (if not reverse) Russia’s population decline through lavish payoffs for new mothers. Increased military spending and the debt needed to finance it will make such generous natalist policies harder.

The invasion has left Russia even worse off geopolitically. Unlike hard numbers and demographic data, such lost influence is hard to measure. But it can be seen everywhere, from public opinion polls across the West to United Nations votes that the Kremlin has lost by margins as high as 141 to 5. It can also be seen in Russia’s own backyard; while an emboldened NATO could soon include Sweden and Finland, Russia’s own Collective Security Treaty Organization is tearing at the seams as traditional allies such as Kazakhstan and Armenia realize the Kremlin’s impotence and look to China for security.

Perhaps most important of all, Russia has reinvigorated the cause of liberal democracy. In the year after its invasion, French President Emmanuel Macron won a rare second term in France, the far-right AfD lost ground in three successive elections in Germany, and “Make America Great Again” Republicans paid an electoral penalty in the U.S. midterms. (The far right did sweep into power in both Sweden and Italy, but such wins have so far failed to dent Western unity and appear more motivated by immigration.) And this says nothing of the wave of democratic consolidation playing out across Eastern Europe, where voters have thrown out illiberal populists in Slovenia and Czechia in the last year alone. It is impossible to attribute any of these outcomes to just one factor (U.S. Democrats also got a boost from the overturn of Roe v. Wade and election denialism, for example), but Russia’s invasion—and the clear choice between liberalism and autocracy it presented—no doubt helped.

Nowhere, however, has Russia’s invasion backfired more than in Ukraine. Contrary to Putin’s historical revisionism, Ukraine has long had a national identity distinct from Russia’s. But it’s also long been fractured along linguistic lines, with many of its elites intent on maintaining close relations with the Kremlin and even the public unsure about greater alignment with the West.

No longer. Ninety-one percent of Ukrainians now favor joining NATO, a figure unthinkable just a decade ago. Eighty-five percent of Ukrainians consider themselves Ukrainian above all else, a marker of civic identity that has grown by double digits since Russia’s invasion. Far from protecting the Russian language in Ukraine, Putin appears to have hastened its demise as native Russian speakers (Ukrainian President Volodymyr Zelensky included) switch to Ukrainian en masse. Putin launched his invasion to bring Ukraine back into Moscow’s orbit. He has instead anchored its future in the West.

Of course, one can argue that, however much the war has cost Russia, it has cost Ukraine exponentially more. This is true. Ukraine’s economy shrank by more than 30 percent last year, while Russia’s economy contracted by just about 3 percent. And this says nothing of the human toll Ukraine has suffered. But, like Brexit, Western sanctions on Russia will play out as a slow burn, not an immediate collapse. And while Russia enters a protracted period of economic and demographic decline, once peace comes, Ukraine will have the combined industrial capacity of the EU, United States, and United Kingdom to support it as the West’s newest institutional member—precisely the outcome Putin hoped to avoid. Russia may yet make new territorial gains in the Donbas. But in the long run, such gains are immaterial—Russia has already lost.

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coochiequeens · 2 years

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First it’s baby formula and now tampons. What will the next shortage that impacts women and girls be?

People who menstruate are saying it's hard to find tampons on store shelves across the U.S. right now, as supply chain upsets reach the feminine care aisle.

"I just went to 5 different Walgreens [and] the shelves are CLEARED," said one Twitter user this past week, while people on Reddit have posted about empty shelves going back months.

The shortage stems from a combination of factory staffing challenges, transportation bottlenecks, and the rising costs of key raw materials used to make the products, tampon makers say.

CVS, Target and Walgreens said in statements to NPR that they were aware of a limited tampon supply at some stores. A spokesperson for CVS said that, in recent weeks, suppliers haven't been able to fulfill the full orders placed by the company. Both companies said they're working with tampon makers to replenish store inventory as soon as possible.

Walgreens said its shortages "may only be in specific brands while we navigate the supply disruption," but that its website is updated with the latest store-level inventory.

Dana Marlowe, the founder of I Support the Girls, an organization that provides menstrual products for people with economic hardship, says the shortage has been happening for longer than most people realize.

Marlowe says her group has seen a large drop in tampon donations in recent months. The organization received half as many tampons this year compared to the same time last year and over 60% less than in 2020.

"Our shelves our bare," Marlowe told NPR.

Procter & Gamble, makers of Tampax products, told NPR the supply problem is temporary and that "the Tampax team is producing tampons 24/7 to meet the increased demand."

P&G, which owns the biggest market share of menstrual products, said in an April earnings call that sourcing and transporting raw materials for menstrual products, as well as getting products on trucks to retailers, "continues to be costly and highly volatile."

It's another supply chain issue affecting women

It's another supply chain problem where women are bearing the brunt of the cost, as mothers struggle to feed their babies during the baby formula shortage.

Time first reported on the tampon shortage last week, noting that it's lasted longer than other shortages, like toilet paper and cleaning supplies, early on in the pandemic. Decision-makers in the supply chain and CEOs of manufacturers are mostly men, the magazine reported.

Tampons are also getting more expensive due to inflation. A year after announcing increased prices on feminine care products, P&G said in the April earnings call that ongoing supply chain constraints led to another price hike on the products, which will go into effect in mid-July.

The average price for tampons rose by nearly 10% in the year through last month, Bloomberg reported citing NielsenIQ data, because of rising costs of the materials used. The materials that make up tampons, including cotton, rayon, fluff pulp and plastic, have been in high demand for use in masks and other medical products during the pandemic. Extreme drought in Texas, diesel prices and Russia's invasion of Ukraine also tightened the supply of those goods.

I Support The Girls founder Marlowe said that existing stigmas and taboos around menstruation make it difficult to garner national attention and action needed to solve the scarcity problem. It's one that affects vulnerable groups the most, she said.

She's met women who don't have the resources to make multiple trips to the store, she said, and have resorted to unsafe methods. "They're using cardboard and duct tape, ripped up sheets," and other unsanitary items, she said.

#Tampon #supply chain shortage #Just say woman

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tbrcresearchreport · 11 months

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The global on-demand transportation market size grew from $133.09 billion in 2022 to $161.79 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%.

#on demand transportation market growth #on demand transportation market forecast #global on demand transportation market #on demand transportation market size #on demand transportation market share #on demand transportation market trends #on demand transportation market overview #on demand transportation market outlook #on demand transportation market analysis #on demand transportation market report #on demand transportation market insights #on demand transportation market data

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southeastasianists · 10 months

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Singapore, known for its political stability, has been rocked by a string of rare political scandals.Last week, a senior minister was arrested in a corruption probe, the first in four decades to be implicated in such an investigation. And on Monday, two lawmakers - one of them once tipped as a potential prime minister - resigned after it was revealed they were in an extramarital affair.It has shocked residents of the city-state, which prides itself on its reputation for clean governance and has the highest paid leaders in the world.Analysts say the unfolding scandals could dent support for the ruling People's Action Party (PAP), which has been in power since 1959 and holds a large majority in parliament.They also say it casts doubt over when Prime Minister Lee Hsien Loong can hand over the reins of leadership.

On Monday, Speaker of Parliament Tan Chuan-jin, 54, and fellow lawmaker Cheng Li Hui, 47, resigned from the party and the legislature over their "inappropriate relationship". Mr Tan is married, while Ms Cheng is single.

More questions on transparency arose last week, when Singapore's anti-corruption watchdog arrested Transport Minister S Iswaran and billionaire hotelier Ong Beng Seng. The two men played key roles in bringing the Grand Prix to Singapore in 2008.

Singaporeans were told last Wednesday that Mr Iswaran had been asked to take leave from his ministerial duties amid a probe.

Deputy prime minister Lawrence Wong has told local media the corruption probe would be "full, thorough and independent", and that nothing will be swept under the carpet.

But authorities only announced the arrests three days after they actually took place. Both men have not been charged and are currently out on bail.

The arrests came on the heels of allegations that two other senior ministers had rented colonial-era bungalows in a high-end neighbourhood at below-market rates.

While an anti-graft review cleared the two men, K Shanmugam and Vivian Balakrishnan, of wrongdoing, the matter sparked a heated debate on inequality in Singapore and political optics.

The unusual series of events has bought out the inevitable memes. "The writers of this season of Singapore have really outdone themselves," wrote the creators behind Instagram page yeolo.sg on Monday.

A separate post, featuring actresses on the set of the Barbie movie crowding around a laptop, read: "When me and the girlies are suddenly interested in sg politics."

Another Instagram user wryly compared the current political situation to spilling tea, or sharing gossip.

But beyond the jokes lie serious questions about the future of the PAP and how long it can hold on to Singaporeans' trust.

It has weathered similar scandals in the recent past - in the last decade a previous parliamentary Speaker and a backbencher stepped down because of extramarital affairs. But the close timing of the scandals and corruption probe has heightened voters' scrutiny.

The PAP has long prided itself on demanding high moral standards of its lawmakers, and its ability to keep its house in order. One of its founding members once compared joining the PAP to joining the priesthood.

Mr Lee this week defended his party's handling of the recent scandals, saying it demonstrated "how the system has to function".

"Sometimes things cluster up, but we make sure we put them right," he said, adding that "high standards of propriety and personal conduct… are the fundamental reasons Singaporeans trust and respect the PAP".

But other observers contend these controversies call into question Singapore's - and in particular, the PAP's - claims to exceptional governance.

"I think the biggest questions surround restraints on authority, oversight, transparency, the impartiality of parliamentary process as well as the PAP's claim that it is a sufficient check on itself," said Singapore-based political scientist Ian Chong.

He noted that the PAP has rejected political practices common in other developed jurisdictions, such as public disclosure of income and assets by political office holders, senior civil servants and their immediate family members.

There are no robust mechanisms for holding powerful people to account, added Michael Barr, an Australia-based international relations professor who has written several books on Singapore politics.

"You just have to trust them. That is why this is such a dangerous and novel set of developments for the government. They are trashing their repositories of public trust," he said.

Singapore is ranked the fifth-least corrupt country in Transparency International's latest Corruption Perceptions Index. Over the years, the government has justified seven-figure ministerial pay checks as a way to repress corrupt activity.

But Dr Barr pointed out: "Without extraordinary levels of public trust, the government must rely on one of two things to win elections: either repression and other measures that subvert democracy, or a high level of performance-based legitimacy. Their record in recent years is such that we can forget about performance legitimacy."

The recent events also cast doubt on when Mr Lee would step down.

The 71-year old, who has been prime minister since 2004, has often spoken of his wish to retire. A successor has already been designated: Lawrence Wong, who is also finance minister.

But on Monday, Mr Lee said he has no plans to call for an immediate general election. The next polls are due by November 2025.

The fact that Mr Wong has not been more active and visible in addressing the recent scandals also raises questions about him and his peers' readiness to take over as the city-state's leaders, noted Dr Chong.

#Southeast Asia #Singapore #Politics #PAP #Corruption

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blogaarti · 2 years

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Electric Vehicle Market Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2027

Lately, the vehicular emissions produced by internal combustion engines (ICE) have come under tremendous scrutiny. Growing environmental concerns and climate change have coerced various industries to adopt greener technologies. Vehicular emissions are one of the key contributors to air pollution in the urban landscape. This has led to a sustained push from government authorities, environmental agencies, and consumers to curtail pollution. Against this backdrop, the global electric vehicle market has been growing at breakneck speeds. Favourable government initiatives, stiffening competition, and battery technology innovations are projected to unlock myriad possibilities in the global electric vehicle market. The market players in the developed economies are also widening the range of their products to satisfy consumers with specialist lifestyles.

To Read Complete Report of Global Electric Vehicle Market: https://www.fairfieldmarketresearch.com/report/electric-vehicle-market

Favourable Government Regulations to Facilitate Paced EV Adoption

Of late, the adoption of electric mobility has been aggressively supported by government initiatives across the automotive industry. The incentives range from EV-friendly schemes to financial support for consumers and manufacturers among others. Such steps are contributing to limiting the usage of ICE vehicles and subsequently curtailing carbon emissions. The global electric vehicle market is benefiting from such developments and is expected to sustain its growth curve over the course of the forecast period. Both developed and developing economies are forwarding such initiatives. During the forecast period, the developed economies are set to be driven by the goal of achieving net-zero emissions. At the same time, the developing countries are expected to unlock lucrative economic through advanced EV technologies.

Demand for Passenger EVs to Nurture Global Electric Vehicle Market Expansion

When the electric vehicle technology was in its nascent stages, its performance was lower in comparison to contemporary ICE vehicles. This attracted scrutiny from consumers. However, this consumer perception has undergone a significant turnaround as improved batteries and electric motors gave it an edge in terms of better performance. The improved power along with an array of tech-savvy features has created a strong consumer propensity towards electric vehicles. Therefore, the passenger car segment is opening new avenues of growth in the global electric vehicle market. Various economies across the globe are showcasing paced adoption of passenger EVs. The improvements in products, greater availability of subsidies, grants, and incentives to boost EV adoption are predicted to enable growth in the global electric vehicle market.

Growing Popularity of EVs to Position Asia Pacific as Market Leader

In the recent past, the Asia Pacific has emerged as the largest electric vehicle market owing to the increasing popularity of electric vehicles among consumers. Various EV manufacturing startups and established OEMs are competing to gain a competitive edge in the region. Strong R&D efforts are being dedicated, contributing to further developments in APAC’s electric vehicle market. These trends are poised to rapidly improve the quality, range, service, and distribution network of electric vehicles. As a result of these factors, the electric vehicle market in the Asia Pacific is expected to attain the fastest growth rate during the assessment period.

Prominent Market Players

Some of the notable market players in the global electric vehicle market include Stellantis (Netherlands), Tesla (US), SAIC Motors (China), Volkswagen AG (Germany), and BYD (China). The competitors are focusing on improving the diversity of products to cater to a wider consumer base and improving battery technology.

Get Sample Copy of Global Electric Vehicle Market: https://www.fairfieldmarketresearch.com/report/electric-vehicle-market/request-sample

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