March 23, 2019

Items in italics are direct quotes from the articles below

The Asian country where women hold 37 percent of leadership roles, compared with an average of 24 percent globally, may come as a surprise. In this same nation, women make up 40 percent of chief executives and 34 percent of chief financial officers. Further, it ranks first in the world for enrollment of women in higher education with 1.41 women attending a university for every man. Done guessing? It’s Thailand, where women score well in nearly all measures of leadership in the corporate sphere, far surpassing most other Asian countries and gaining good marks globally. Yet even as women are making significant progress in Thailand’s business world, there’s a stark contrast in politics, where they are being left behind. Thailand ranks near the bottom — 181 of 193 countries — in the Women in Parliament list for 2017 by UN Women. Currently, only 13 women are part of the junta’s 240-seat parliament. There’s not a single woman cabinet minister. In the elections this month. there are only 8 women aspirants of the 68 aspirants for the position of prime minister. Thailand’s success in empowering women in corporations is a culture of working women through family businesses; in other words, women have always worked outside the home. Women leaders have more opportunities to run corporate Thailand because the culture allows them to work alongside men in such fields as finance and insurance, while women in politics typically need the support of political parties to break into that male-dominated sphere. For instance, females make up only about 5 percent of the military-appointed legislature — a place where women need backing to get ahead. Some of the notable women in this article are Kamonwan Wipulakorn, Supapan Pichaironarongsongkram, Chadatip Chutrakul, Kobkarn Wattanavrangkul, and Juree Vichit-Vadakan. Thai women are the driving force behind many industries in Thailand and make up a third of senior management positions. Another key factor is that Thai women often stay in the workforce even after having children due to the Thai family structure having the grandparents living in the same household allowing the Thai women to remain a part of the workforce. However, in politics it is not the same because these positions have been historically male dominant. Similar to Kobkarn, Juree was once in government, as a member of the national legislative assembly. “Parliament is a very lonely place for women,” said Juree, who was also was part of the constitutional drafting committee. “It’s easier for men to form a coalition,” she said. As time progresses, and the newer generations come up, I can see politics changing within Thailand.

Disney has closed its $71 billion acquisition of Fox’s entertainment business, putting “Cinderella,” ”The Simpsons,” ”Star Wars,” and “Spider-Man” under one corporate roof. The deal is likely to shake up the media landscape. Among other things, it paves the way for Disney to launch its streaming service, Disney Plus, due out later this year. By buying the studios behind “The Simpsons” and X-Men, Disney aims to better compete with technology companies such as Amazon and Netflix for viewers’ attention — and dollars. Years ago, I had the opportunity to work at Walt Disney World as my first job. During my high school years, I met and worked alongside people from other countries and cultures. It radically changed how I viewed life in my hometown. Even back then Disney was beginning to successfully acquire companies such as ABC which housed ESPN etc. Now with the acquisition of Fox Entertainment, Disney is positioning itself to compete with cable and telecom companies. The acquisition aids Disney control TV shows and movies from start to finish — from creating the programs to distributing them though television channels, movie theaters, streaming services, and other ways people watch entertainment. Disney would get valuable data on customers and their entertainment-viewing habits, which it can then use to sell advertising. Disney CEO Bob Iger said in an earnings call in February that Disney Plus and other direct-to-consumer businesses were Disney’s “No. 1 priority.” With the acquisition Disney also has a controlling stake in Hulu, which will continue to have its general programming format. No pricing has been disclosed for Disney Plus. The streaming service will feature five categories of material: Disney, Pixar, Marvel, “Star Wars,” and National Geographic. Disney charges $5 a month for ESPN Plus, a service that offers programming distinct from the ESPN cable channel. Meanwhile, Fox Corp. — the parts of 21st Century Fox that are not part of the deal, including Fox News, Fox Sports, and Fox Broadcasting — started trading on the Nasdaq under the FOX and FOXA tickers on Tuesday. Personally, I do own a few shares of Disney stock and I’m going to start watching its price a little closer.

If you need a financial check-up or prayer, contact me.

This week, I’ve included RESET Your MINDSET | The Secrets Billionaires Pay For (It Takes Only 1 Day) from the Video Advice YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG


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