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2 days ago

Google Play Is Expanding In A Digital Way With 4K And VR Support

Google Play Is Expanding In A Digital Way With 4K And VR Support

4K resolution (3840 x 2160) has become a hot commodity in recent years. With systems like the Xbox One S and the PS4 Pro (formerly codenamed "PS4 Neo"), as well as prominent television manufacturers such as Samsung and LG jumping on the 4K bandwagon, it seems if it isn't in 4K, it isn't worth anything. Looking to get a piece of the 4K pie, Google has begun rolling out 4K support for movies and TV shows in its Google Play store.

YES! Google Play Store adds 4K UHD movi

3 weeks ago

Leaky pipes or leaky wallet: 5 tricks of substandard plumbers

Chances are you need a plumber in your life on a regular basis. Plumbers not only take care of common household repairs like leaky pipes and clogged drains, but some are also responsible for maintaining heating and cooling systems. Some specialize in commercial or residential projects, or in a particular type of plumbing application, such as natural gas lines or fire suppression systems. While the majority of plumbers are reputable, the plumbing industry has its fair share of sub-standard contractors who employ shady business practices. Here are the most common problems and recommended cures to prevent a leaky wallet.

Trick #1: Inaccurate Estimates

"Inaccurate estimates are the

4 weeks ago

The Pros And Cons Of Having Cosmetic Surgery

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The Pros And Cons Of Having Cosmetic Surgery

1 month ago

​Jack Nicklaus stays the course

Step outside onto a modern golf course, and you might just discover it was designed by golfing great Jack Nicklaus. Jim Axelrod takes us out on the green:

It may look like a barren wasteland, but actually this is just a step on the path to paradise, at least when Jack Nicklaus gets involved.

"I think this is too busy here," he said. "Let's expand the lake and just make sure we see water all the way on the right edge."

Nicklaus -- widely considered the greatest golfer in history -- is also among the most prolific golf course designers the game has ever known.

On this Sunday morning, he is leading the charge at La Gorce Country Club in Miami Beach with his design

1 month ago

Lonely Planet launches guide to world's best toilets

At least they now have a handy guide.

Backpacker bible Lonely Planet has published a handsome new book that collects photos of some of the world's more interesting restrooms.

More than 100, ranging from pop-up pissoirs

1 month ago

California to drop appeal of court ruling allowing felons to vote | Reuters

By Sharon Bernstein


SACRAMENTO, Calif. California will drop its challenge to a court ruling allowing thousands of newly released felons to vote, an official said on Tuesday, the latest example of the success of a criminal justice reform movement that is gaining steam among Democrats as well as some Republicans.

The announcement by Alex Padilla, California's secretary of state, effectively extends voting rights to 60,000 to 73,000 former prisoners who had been released to the supervision of local probation departments under a program to reduce crowding in the state's massive prison system.

"If we are serious about slowing the revolving door at our jails and prisons, and serious about reducing recidivism, we need to engage - not shun - former offenders," Padilla, a Democrat, said in remarks posted on his official website. "Voting is a key part of that engagement."

Padilla's move is part of a broader effort in the most populous U.S. state to reduce penalties for non-violent crimes and make it easier for former prisoners to integrate back into society. Last year, voters passed a referendum that reclassified numerous drug-related and other non-violent crimes as misdemeanors.

Nationwide, Democrats and Republicans alike have called for reform of prison and sentencing laws in the United States, where incarceration has soared since fears of gang and drug-related crime in the 1980s and 1990s led to strict mandatory sentencing laws.

Because the majority of those incarcerated are African-American or Latino men, calls for prison reform have become intertwined with concerns about civil rights in minority communities.

At the national level, U.S. President Barack Obama, a Democrat, has set overhauling prison sentencing as a key goal for his final years in the White House, calling on Congress last month to send him a sentencing reform bill by the end of the year.

Padilla's announcement brings to an end a lawsuit filed by the American Civil Liberties Union arguing that the state was illegally denying felons released under Democratic Governor Jerry Brown's prison realignment program the right to vote.

California law says convicted felons may vote once they have completed their sentences and paroles. The felons affected by the lawsuit had been released without parole, but because they remained under supervision of county probation departments, the state had initially said they could not vote.

"California is sending a message that we're expanding and making our democracy more inclusive," Lori Shellenberger, who heads the ACLU's California Voting Rights project.

(Editing by Mohammad Zargham and Doina Chiacu)

1 month ago

Managing Parent - Subsidiary Relationship


A Company that owns more than 50% of the stock is said to be the parent company of the Subsidiary. A subsidiary may be wholly or partially owned by the parent company. The Parent company incorporates the subsidiary, names its board of directors and officers, and adopts bylaw provisions preserving the parent's control on its subsidiary. The subsidiary must be established and recognized by the parent, as well as third parties, as an independent corporation managed by a board of directors.

It is important that the subsidiary is recognized as an independent corporation managed by the board of directors even though it was incorporated by the parent company. This does not mean that the subsidiary is uncontrolled. The parent company has the legal authority to hold the subsidiary accountable to meet the financial objectives.

For the Parent company to control the independent subsidiary it should be

o The sole shareholder

o Include voting control provisions in subsidiary article

o Prepare bylaws defining the authority of the officers, their term in the office and removal

o Prohibit bylaws amendment without shareholder's approval

Managing Parent-Subsidiary Relationship

As long as the parent company holds its subsidiary accountable for the expectations of its board of directors there is little risk for the parent for the wrong doings of the subsidiary. If the parent company exercises excessive control over the subsidiary, i.e., having the same board of directors, using a common letterhead, sharing office facilities, then the distinction between the parent and the subsidiary will be at risk. A subsidiary can be held accountable for its performance by the parent company by its voting control. It also has the authority to select the board of directors. This board manages the affairs of the subsidiary, makes policy, selects its officers and functions as a governing body. Most critical is the decision taken by the parent company in selecting the board of directors.


By: Andrew GMS Chen

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For opening subsidiary in Singapore refer to Singapore subsidiary registration guide and for more information on tax treaties related information refer to Singapore Income Tax Overview