World
These 10 small towns may become the next work-from-home destinations

Many urban professionals are choosing to escape to the comfort of small towns rather than stay in their cramped flats in crowded cities with coronavirus cases steadily rising. And several of them are not returning. While cities like New York, Portland and San Francisco are known hubs for the younger digital creative classes, smaller towns across the globe are proving they have even more to offer. These smaller communities are far more diverse — and have far greater potential — than is commonly believed.
To prove that point, The Creative Urban Institute, along with researchers from University of Oregon, created a “coolness index” to rank towns with populations under 130,000, based on 13 factors that are inherently tied to the “creative digital” lifestyle. “The ‘creative digital’ is a subculture of 20-to 30-somethings who position themselves as non-mainstream pioneers, free thinkers, tech-savvy, and non-conformist conformists, usually labeled as ‘hipsters’” said University of Oregon’s John Lacey, PhD.“
Each city was evaluated based on the number of tech-based startups, festivals and events, coffee shops, microbreweries, high-speed internet providers, farm-to-table groceries, and mom-and-pop stores per 10,000 residents, as well as its street art density, instagramability (hashtags), traffic, higher education, income and the rent inflation over the last year. The index looked at 647 cities across 20 countries. An algorithm then determined which cities ranked highest per capita. “The gross number of what happens in a small town may look insignificant compared to a metropolis’. But when percentaging them to the population size, the scores of the towns that we ranked are impressive ”, highlighted Marcus Salerno, a co-founder of the Institute. “These 10 small towns may become the next work-from-home destinations”, he pointed out.

A typical parklet live gig in Santa Rita do Sapucai, Brazil
From favourites like Charleston, South Carolina, to Santa Rita do Sapucai, Brazil, here are the world’s 10 coolest small cities.
1. Charleston, South Carolina (Population: 120,083 – Score: 8.737)
Consistently ranked one of the best cities in America, Charleston has a rich history and culture to a thriving arts scene, and is home to 250+ tech companies and its digital economy ranks highly: 11th in the nation for high-tech industry output and the fastest-growing mid-sized metro for IT. Highest score: instagramability
2. Mullumbimby, Australia (Population: 3,596 – Score: 8.437)
This Australian town has a picturesque fusion of rural and urban lifestyles that has created a thoroughfare of art galleries, antique stores, yoga studios, organic groceries, and a strong tech startup ecosystem. Highest score: coffee shops
3. Oss, Netherlands (Population: 56,000 – Score: 8.285)
Home to some of the world’s most talented technical entrepreneurs and top centers in creative industries, Oss has a developed economy, a comfortable environment, and a mature, innovative ecosystem in which bold ideas are born and implemented. Highest score: higher education
4. Santa Rita do Sapucai, Brazil (Population: 43,260 – Score: 7.824)
The town has long been the tech center of Brazil, and has a lively cafe scene. It is home of HackTown, an acclaimed event inspired by South by Southwest (SXSW), which has transformed from a small tech gathering into one of the world’s most trendsetting innovation festivals. Santa Rita was also recently considered by The American Reporter one of ‘Latin America’s 5 best cities for creatives to live in after the pandemic‘. Highest score: festivals and events
5. Chiang Mai, Thailand (Population: 127,240 – Score: 7.797)
Nestled between mountains and not far from the border with Myanmar, this is not exactly a typical Asian city. Instead of chaos, pollution and insane traffic, Chiang Mai has a more relaxed vibe and a host of cool places to work from. Highest score: instagramability
6. Boulder, Colorado (Population: 107,353 – Score: 7.531)
Home to the University of Colorado’s main campus, the town is famous for craft breweries, music clubs, coffee shops, vintage-clothing boutiques, and tech-based startups. Highest score: microbreweries
7. Leuven, Belgium (Population: 100,244 – Score: 7.489)
The old Burgundian town of Leuven is the most famous university city in Belgium. It is the home of 600 year-old ‘KU Leuven’, ranked as the most innovative university in Europe. Highest score: education
8. Tiradentes, Brazil (Population: 7,981 – Score: 7.391)
The town is South America’s favorite hub for hipsters, and is known for its restaurants, art galleries and beautiful historic buildings. Tiradentes has a diverse and healthy festivals culture, and is a hospitable ecosystem for the creative business. Highest score: instagramability
9. Truckee, California (Population: 16,561 – Score: 7.383)
Popular home for small companies moving out of the Bay area into the beautiful Sierra Mountains, this town is home to more than 30 craft breweries, and most of the beer is made in small farms. Highest score: startups
10. San Miguel de Allende, Mexico (Population: 59,691 – Score: 7.212)
The leading small city for businesses in Central America is about a four-hour drive northwest of Mexico City. The town has a temperate climate, a low cost of living, rich cultural traditions and a focus on the arts. Highest score: coffee shops
World
TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.
The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.
In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.
“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.
The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.
The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.
According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.
According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.
This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.
After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.
It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.
TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.
According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.
The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.
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