The Ministry of Economy and Trade issued a statement on import activity through the banking system from 1-1 to 2-28-2024, explaining that the total foreign exchange covered for the benefit of the private sector from 2-4 until the end of February with 808 credits amounted to 729 million. dollar.
The Ministry explained the details of the appropriations allocated to the private sector, saying that the total value of the appropriation for foodstuffs was $409 million, the value of frozen meat was $42.6 million, and the value of fodder was $79.326 million, with the total appropriations granted for the supply of foodstuffs and the raw materials needed to manufacture them amounting to $459 million.
The Ministry added that the value of the accreditation for medicines and medical equipment totaled $21 million, and that the value of the accreditation for electronics, clothing, cars, spare parts, and service transfers was $151,494 million, while the value of the accreditation for dairy and its derivatives amounted to $27,700 million.
The statement issued by the Ministry of Economy also clarified that the value of the credit for cooking oil was $30.6 million, live livestock was $24 million, sugar was worth $58.8 million, and tomato paste was worth $23.5 million, and the value of the credit for rice was $34.5 million.
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2024-04-26 19:35:24
The Ministry of Economy reveals details of allocations to the private sector, totaling $729 million
“Ring Customers Eligible for $5.6 Million Refunds in FTC Settlement”
Ring Customers Eligible for $5.6 Million Refunds in FTC Settlement
The FTC stated that customers who had certain types of Ring devices, such as indoor cameras, during periods when unauthorized users may have had access to customer videos, will be eligible for refunds.
Unauthorized Access to Customer Videos
Last year, the FTC lodged allegations against Ring, accusing the company of allowing employees and contractors to access consumers’ private videos and failing to implement security protections. This enabled hackers to take control of consumers’ accounts, cameras, and videos.
The refunds are part of a settlement between the FTC and Ring, which is owned by Amazon. Amazon acquired Ring in 2018 for billion.
Resolution of Allegations
As part of the settlement, Ring had to implement a specific “privacy and security program” and delete certain pre-2018 data. The company had argued against the FTC’s allegations, highlighting its use of two-factor authentication, CAPTCHA, and other security measures.
For more information, visit the FTC website.
Privacy and Security Program
Customers who purchased Ring security cameras may be eligible to receive refunds from the Federal Trade Commission (FTC). The refunds, totaling over .6 million, will be distributed among more than 117,000 individuals. The money will be sent in the form of PayPal payments.
Accepting Refunds
The FTC urged affected Ring customers to accept their refunds within 30 days. It emphasized that it never requires individuals to pay money or provide account information to receive a refund.
In response to the settlement, Ring stated, “Our focus has been and remains on delivering products and features our customers love, while upholding our commitment to protect their privacy and security.” The company also mentioned that it had addressed these issues on its own years ago, before the FTC began its inquiry.
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“Ring Customers Eligible for $5.6 Million Refunds in FTC Settlement”
Hyundai Marine Solutions’ HD Subscription Sets Record for Largest IPO in 2024
The largest amount of proceeds this year was poured into Hyundai Marine Solutions’ HD subscription, which is considered to be the biggest IPO in 2024.
HD Hyundai Marine Solutions announced that it recorded a competition ratio of 255.7 to 1 as a result of holding a public stock subscription for general investors for two days until the 26th.
A total of 601,954,640 shares were subscribed for the 2,353,393 shares allocated to general investors, and the subscription margin was calculated to be around 25 trillion won. A total of 2,021 domestic and foreign institutions participated in the demand forecast held from the 16th to the 22nd, recording a competition ratio of 201:1, and setting the final public offering price at 83,400 won, the top end of the band is desired.
The money flowing in from this public offering will be used for medium to long-term growth, such as strengthening the global network and research and development. Through this, we intend to confirm the brand’s position in the AC ship market, expand the capabilities of environmentally friendly remodeling projects, and develop the ship’s digital business.
Lee Ki-dong, CEO of HD Hyundai Marine Solutions, said, “We would like to thank the investors who believed in and supported the corporate banner of HD Hyundai Marine Solutions,” and added, “Through the listing, we will grow into a company comprehensive marine solutions unmatched in the global market.”
HD Hyundai Marine Solutions will start trading on the stock market on the 8th of next month after payment on the 30th.
#earned #biggest #IPO #year
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Hyundai Marine Solutions’ HD Subscription Sets Record for Largest IPO in 2024