Smart business solutions, to combat recession!
Just the way "spring is followed by winter", economic growth and stability in market can always be expected after a phase of recession; things do not change dramatically, though, and the big question for many is, "how to reflate the economy...?" Do you think, raising taxes on the rich would be a solution..., to help the economy recover, by any means?
Tax burdens during recession is nowhere justified, as market analysts say, it would only kill jobs. It is like, during a recession - less jobs are predicted for men, and more for machines; hundreds of new jobs require to be created for jobless men; well said by a great leader, Harry S. Truman, "It's a recession when your neighbor loses his job; it's a depression when you lose yours." Yes, it is almost like that, as, on a funnier note - if people drink a lot during 'recession', then let them, as they are spending, so as to forget 'the great recession', and to come out of depression. To 'manage a business' in difficult times perhaps is not easy, and companies have to set smart business goals, to achieve success (to battle recession), and it is not surprising, if Redwoods Advance is doing that for many, in great numbers...by saving them money for rainy days.
Encourage cycling to save the economy!!Encourage cycling and save the economy!- that could very well be a slogan apt for our times...
A report brought out recently by the London School of Economics says that cycling helps the UK economy greatly by generating as much as £3bn a year. As per the report the number of cycles sold in 2011 is 3.7 million and is 28% higher than the number in 2009. By way of sales UK cycle manufacturers has got £51m in 2011. Over a million new cyclists have come in and now the total number of cyclists in the UK is 13 million. The London School of Economics study includes all factors such as bicycle manufacturing, retail and cycle-related employment. More than 23 thousand people work in the cycle-manufacturing related industry and contribute over £600m to the economy in wages and taxes. The estimate is that cycling industry is now worth around £2.9bn a year. Last year more than £1.5bn was spent on bikes and another £850m on accessories. The rising popularity of cycling has also done good on the health front.
Read More : The History of Bicycle Link Building Company
Recession Cuts Carbon Pollution Last YearThe economic recession has led to a drop in carbon dioxide pollution last year for the first time in a decade. Due to the economic slow down , some factories stopped their operations and more people postponed their holiday plans and did not drive or fly, which helped a drop in emissions of about 1.3 percent from 2008 to 2009, according to a study published Sunday in the journal Nature Geoscience. In the United States, emissions dropped by 7 percent in 2009 mainly because of a slower economy and better energy efficiency. Worldwide in 2009 34 billion tons of carbon dioxide were emitted , which was 453 million tons less than the previous year. Studies have shown a close relation between the gross domestic product and pollution in recent decades, said study lead author Pierre Friedlingstein of the University of Exeter in England. Thus, economic recession too had been good in that it reduced emissions to the lowest ever levels in a decade! New organisation aims to make Qatar 'green capital'The new Gulf Organisation for Research & Development is intended to establish Qatar as the Gulf’s ‘capital of green buidlings’.
Gulf Organisation for Research & Development (GORD) is the new name of the Barwa and Qatari Diar Research Institute, which was established in 2009 and developed Qatar Sustainability Assessment System (QSAS). This change in the name and identity came to meet the positive developments that Qatar is witnessing in applying and adopting QSAS locally and abroad. Recently, the real estate sector has witnessed the launch of numerous projects from buildings to large urban developments. Adopting QSAS’s stringent standards provides potential residents of these projects with high-quality and unsacraficed lifestyles, but built with methods that promote sustainable usage of natural resources. Chinese Government crackdown on gift voucher bribe cultureIn an attempt to prevent the misuse of prepaid gift vouchers worth tens of thousands of yuan for bribes, money laundering and tax evasion, the government is attaching a "real name" security system to their purchase. The state council issued a notice to ministries including the People's Bank of China, the Ministry of Supervision, the State Administration of Taxation and the National Bureau of Corruption Prevention, demanding that they come up with tamper proof monitoring mechanisms to monitor organizations that sell gift vouchers. It is also recommended that voucher issuers register the names of buyers who buy prepaid cards with a total face value higher than 10,000 yuan.
As per the new regulations , institutions will not be able to buy prepaid gift vouchers worth more than 5,000 yuan in a single purchase. Gift vouchers often lead to tax evasion apart from adding up to corruption. It is estimated that over 1 trillion yuan of prepaid gift vouchers are bought each year in China according to the China Commerce Association for General Merchandise sources. Law firms offer divorce gift vouchersGift vouchers come in all possible shapes and sizes to cater to the diverse needs and budget of the users. A law firm in London has come up with a novel theme of divorce gift vouchers for its clients, which has resulted in a flood gate of enquiries from its clients. The company offer couples half-hour or hour-long advice sessions with a lawyer and these vouchers seem to appeal to a range of people. The UK has one of the highest divorce rates in the world with nearly half of all marriages ending in divorce.
The buyers have included husbands, wives, mistresses, and people using them to suggest to friends and family members that they should get a divorce. As expected , this novel scheme has had its share of brickbats as well as it has been criticized for encouraging couples to split rather than resolve their differences. However, the fact is that these vouchers offer clients many practical options available to them and divorce is only one of the options. South Korean National Assembly ratifies EU-Korea Free Trade AgreementThe South Korean National Assembly ratified the EU-South Korea Free Trade Agreement (FTA) on 5 May 2011, removing the last obstacle to its entering into provisional application on 1 July 2011.
Despite strong objections from opposition Assembly Members, many of whom boycotted the vote, the FTA was successfully pushed through by the ruling Grand National Party with 163 votes in favour, one against and five abstentions. The European Parliament had ratified the agreement on the 17 February 2011 and therefore the South Korean Assembly's vote opens the way for the provisional application of the FTA on 1 July 2011. Government rejects OECD call for capital gains taxThe New Zealand government have rejected the call for capital gains tax by the Paris based Organisation for Economic Cooperation and Development (OECD). The OECD said such a tax could help correct a distorted housing market, which they feel will favour the wealthy and harm the poor.
In its latest biennial report on New Zealand, the Paris-based OECD notes that house prices remain high despite recent slight falls and that home ownership rates are dropping, unlike in most other member countries. The OECD report notes that many people in rental accommodation have a job but still cannot afford to buy a house under normal banking rules. It blames this in part on the taxation of rental property, which it calls regressive or favouring the already wealthy. The reports says the National Government has taken some small steps to correct this, but should do more. A capital gains tax was also proposed by the recent Tax Working Group, which said it could raise between $4.5 billion and $9 billion a year, depending on how wide the net was cast. The Government says it wants to see houses become more affordable but will not introduce a capital gains tax, saying recent changes on property depreciation and the use of rental losses to qualify for state welfare payments are enough. Warburg Pincus to sell Nasdaq-listed Inspire's stake to MerckUS private equity major Warburg Pincus is to exit its entire 28 per cent stake in Nasdaq-listed Inspire Pharmaceuticals, as the company is acquired by pharma giant Merck in a $430m deal.
Merck will pay $5 per share for Inspire, a specialty pharmaceutical company focused on developing and commercialising ophthalmic (eye care) products, representing a 26 per cent premium over the company’s $3.98 closing price on Monday. The company’s share prices have jumped. Inspire’s board of directors has already approved the deal and is recommending shareholders do the same. Founded in 1993 and publicly traded since 2000, Inspire currently markets three ophthalmology products and has two drugs in late-stage clinical development: Denufosol in Phase III for the treatment of Cystic Fibrosis and AzaSite for blepharitis. NVCA Annual Meeting To be Held on 6 & 7 of April 2011The NVCA (Natioal Venture Capital Association) is holding an annual Meeting in Boston, Massachussats on April 6 and 7 of 2011. It is the premiere venture capital industry gathering that consistently attracts 700+ venture capital professionals for two days of relationship building, knowledge sharing, and professional development.
The 2011 NVCA Annual Meeting also coincides with the 65th Anniversary of Venture Capital and the 150th Anniversary of The Massachusetts Institute of Technology (MIT). To celebrate these milestones, NVCA, Xconomy and the MIT Museum will host a special program (VC65) that will feature several of the most noteworthy success stories that have resulted from the important collaboration between leading research institutions and venture capitalists. The VC65 event will offer the opportunity for venture capitalists to interact with respected entrepreneurs and leaders in the technology community. Attending the 2011 NVCA Annual Meeting is assured to provide venture capitalists with the intelligence necessary to guide their current and future portfolio companies to success. Armenian crediting organizations Aggregate capital grows to 38.4 billion drams in 2010The aggregate capital of 32 crediting organizations operating in Armenia grew 9.2% in 2010 (by 3.242 billion Drams) to 38.4 billion Drams, according to a recent analysis. The leading organization by size of capital was Aregak, whose capital stood at 6.6 billion Drams as of December 31, 2010. It constituted 17.28% of the aggregate capital of all crediting organizations.
The list of top five organizations included also Norvik with a 6 billion Drams capital that made 15.67% of crediting organizations’ aggregate capital, the National Mortgage Company – 5.8 billion Drams and 15.01% respectively, Bnakaran Yeritasardneri -3.6 billion Drams and 9.26% and ACBA Leasing – 2.4 billion Drams and 6.24%. Bnakaran Yeritasardneri crediting organization was launched a year ago. The largest capital growth rate was reported by Kamurdj organization whose capital rose by a factor of four, Gladzor reported a 93% growth and GFC a 50% rise. By size of authorized capital the leading organizations were the National Mortgage Company -5.5 billion Drams, Bnakaran Yeritasardneri- 3.5 billion Drams and Aregak -3.4 billion Drams. Armenian crediting organizations operate 62 branches. Mobile marketing gaining pace
In the changing trend of marketing, its mobile marketing which is taking a significant place. Being a potential marketing source, its the mobile marketing which is something new and big these days in the marketing scenario. As per a new research by IDC, retail mobile and social commerce is booming these days and has become one of the active and productive factor these days. As per the current size of total spends on mobile marketing is approx 200 crore, which is further expected to double this year.Out of this about 85% of mobile marketing funds are spend on SMS based mobile marketing promotions. GPRS penetration is increasing and so is the awareness about effectiveness of mobile apps. These mobile apps are these days very well in use and is used for the complete marketing cycle starting from pre sales to actual sales and then looping into mapping post sales feedback. The Car industry comes out of the economic bluesAfter a few years of personnel cuts and cost cutting measures, the car industry is making a steady come back with 2011 reporting a brisk hiring processes. The increased sales and economic stability has enabled many car dealers across the world to aim big this year In 2009, employment at U.S. dealerships plummeted below 1 million for the first time since 1995, according to the NADA figures; however the employment rate could go up this year, which has created enthusiasm and confidence among the employees and employers alike. A random Automotive News poll of dealerships points out that 61 percent of about 330 respondents who participated in the poll plans to add staff this year and the dealerships that sell economy cars and do volume business are more likely to hire more people than the luxury car segment. With the best ever sales figures in the last many years, the automobile industry is abuzz with a recruitment drive in the days to come! US bankers increasing basic wages and providing hikesPromoting a salary hike that could bring a rift between Wall Street and Main Street, US bankers are facing a robust growth and is seen to be emerging from the economical struggles it was facing during the serious depression in the 1920s. A pay rise for all the staff members of America's top 25 financial firms, showed a rate of more than £83bn which was given in way of salary as well as bonus, from £79bn in 2009. Pocketing a huge amount by every employee, the hike comes due to a 1% increase in the revenues across bank industries. Though it is noticed that a hike has been credited for employees in many bank firms, the problem of job crisis never seems to cease. When it comes to the city, U.S banks are increasing the basic wages for staff, which was seen to be one of the main cause in the 2008 banking crisis. Renault plans to rule Indian auto marketRenault is all set to make its presence felt by launching its new car for the Indian roads it’s called the Fluence sedan and Koleos SUV for the Indian market. Not a new player for the Indian automobile market, Renault was striving really hard to push up the sale of its Logan, the company was in the Indian automobile market from July 2007 to April 2010 and succeeded in selling 46,000 units before giving the production spree to Mahindra & Mahindra.
With the radio cab operators buying it in huge numbers the vehicle failed to do good in the customer market, even the sales and marketing strategy used by Renault was not apt to enhance the sales. All these drawbacks jolted the success of Renault in India.
Leaving all the barriers, Renault is designing its new electric car to power up the technological advancements and keeping up with the changes in the vehicle industry. Its upcoming electric car is an initiative by the company to develop an environment friendly vehicle.
A massive shift towards direct marketing predictedThe industry watchers have predicted a marked shift towards direct marketing in the coming years as new sources of data and strategies will make marketing more transparent and effective .
Martin Hayward, author and former director of strategy and futures at Dunnhumby UK, says that “new and plentiful data and insight” has transformed the timescale and analysis of marketing communications “to the extent that in reality, all marketing is becoming direct marketing.” Though direct marketing has always been a tactic of the real business of marketing, these days it has evolved to be a potent marketing methodology that enables the businesses in a greater control in targeting, response and measurement of results. It is a cost effective method that is precise and customised that greatly improves efficiency by cutting corners of the marketing expenses, which makes it a popular marketing strategy in the prevailing market conditions. |
Global shocks - the latest risk factor for economiesThe closer interaction between the various economies in the world has made it highly vulnerable to natural and man-made disasters, according to a new report from the influential think-tank the Organisation for Economic Co-operation and Development (OECD). The reports says that the swiftness with which people, data and goods travel makes such events more risky.
Google Set Up $280m Rooftop Solar Fund with SolarCitySearch engine giant Google has launched a $280m fund to help US installation specialist SolarCity get more solar rooftop projects off the ground. New Zealand Organisations Receive Best Employer AccreditationThe 2011 Best Employers in Australia and New Zealand study, with two New Zealand organisations - FedEx Express New Zealand and Frucor Beverages (New Zealand) receiving Best Employer accreditation.
The study, reflected the opinions of over 124,000 employees across 200 companies in Australia and New Zealand, aims to seek out and acknowledge the Best Employers in Australasia. It forms part of a rigorous accreditation programme with 130 companies from the study participating for 2010/2011. Of those 130 organisations, nine others received Best Employer accreditation including; Aegis, Boehringer Ingelheim Australia and New Zealand, Flexirent Capital Pty Ltd, Frucor Beverages Australia, Hilti (Aust) Pty Ltd, InterContinental Hotels Group, Johnson & Johnson Medical, Merck Serono Australia and Millward Brown Australia. The accreditation programme involves three stages (an employee opinion survey, a people practices inventory and an organisational audit) and focuses on five key elements; engagement, leadership commitment, a compelling promise to employees, connecting employees to the company strategy and a differentiated high performance culture. Global Economic Recovery Surrounds Risk FactorsAccording to a latest global economic outlook, the global recovery is firmly under way, but is taking place at different speeds across countries and regions.
High unemployment remains among the most pressing legacies of the crisis. To deal with this, countries should improve labour market policies that boost job creation and prevent today’s high joblessness from becoming permanent. World gross domestic product (GDP) is projected to increase by 4.2% this year and by 4.6% in 2012. In the US, activity is projected to rise by 2.6% this year and by a further 3.1% in 2012. Euro area growth is forecast at 2% this year and next, while in Japan, GDP is expected to contract by 0.9% in 2011 and expand by 2.2% in 2012. But there are downside risks, including the possibility of further increases in oil and commodity prices, which could feed into core inflation; a stronger-than-projected slowdown in China; the unsettled fiscal situation in the United States and Japan; and renewed weakness in housing markets in many OECD countries. Financial vulnerabilities remain in the euro area, in spite of strong adjustment efforts underway in some countries. In advanced economies structural reforms can play a greater in role in boosting growth as governments are forced to withdraw fiscal and monetary stimulus launched in reaction to the crisis. Countries must also make progress toward their fiscal consolidation goals, which are increasingly urgent. Babson Capital Provides Mezzanine Debt Financing to Linsalata Capital Partners’ Recapitalization of NeuroThermBabson Capital Management LLC (Babson Capital), an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C., offered $11.3 million of mezzanine debt financing and a $1.5 million equity investment to Linsalata Capital Partners’ recapitalization of NeuroTherm, Inc., in partnership with NeuroTherm’s management.
Headquartered in Wilmington, Massachusetts, with overseas operations in the Netherlands and United Kingdom, NeuroTherm is a leading global manufacturer of products used primarily in the field of interventional pain management, including radio frequency generators and related consumables used in the treatment of chronic pain. NeuroTherm markets and sells to physicians, practices, surgery centers and hospital systems specializing in Interventional Pain, Interventional Radiology, and Orthopedic treatment. Barclays Capital Appoints Head of Telecoms, Internet and Media for Asia Ex-Japan Equity ResearchBarclays Capital, the investment banking unit of Barclays Bank PLC, have appointed Mr. Anand Ramachandran as Managing Director, Head of Telecoms, Internet and Media Sector, Asia Ex-Japan Equity Research.
Mr Ramachandran will have responsibility for establishing and leading the telecoms, internet and media sector research team across Asia Ex-Japan region. He will be based in Hong Kong and will report to Stephen O’Sullivan, Head of Asia Ex-Japan Equity Research. The arrival of Mr Ramachandran to lead and cover the telecoms, internet and media sectors continues the expansion of Barclays Capital’s equity research capabilities in Asia Pacific which already include coverage of the Banking, Consumer, Industrial, Insurance, Property and Technology sectors. Intel Estimates a Profit Leap to $3.2 BillionIntel Inc. have reported an estimate of $3.2 billion net income in the first quarter 29 percent up over the same period last year. Revenue came in at $12.8 billion, up 25 percent year-over-year.
Earnings per share were 56 cents (and 59 cents non-GAAP). Analysts had been expecting 46 cents a share. In the same period last year, the chipmaker's revenue was $10.3 billion, or 43 cents per share. Last year's first-quarter profit was $2.4 billion. For the second quarter, the company forecasts revenue of $12.4 billion plus or minus $500 million, which is also ahead of estimates. Revenue by group: * Overall, Intel Architecture Group first quarter revenue was $12.2 billion, up 23 percent year over year * The PC Client Group had revenue of $8.6 billion, up 17 percent year over year * Data Center Group revenue was $2.5 billion, up 32 percent year over year. * IMC, formerly the Infineon wireless division, contributed $336M to the first quarter 2011 revenue. The company aims to reach almost 400 billion units this year. Community Gaming Grant Funding for Non-Profit Organisations in British ColumbiaCommunity gaming grant funding of over $500,000 is setup to support the good work of over 50 human and social service community organizations in the Okanagan-Similkameen areas.
Eligibility for the grants include programs that have been in operation for at least 12 months prior to application in the following five sectors: arts and culture, sports for youth and people with a disability, public safety, human and social services and parent advisory councils. Organizations in Penticton, Summerland and Peachland will receive funding totaling $430,930.50. The Penticton and Area Women’s Centre was the biggest beneficiary of the funds with $80,000 for various programs they run. Groups such as the Knights of Columbus, Kinette Club, Kiwanis Club, Rotary Club, Fraternal Order of Eagles, Scouts and Ooknakane Friendship Centre all received grants. Community gaming grant funding totaling $122,200 will go to support 12 human and social service community organizations in the Boundary-Similkameen area. The South Okanagan Integrated Community Services Society in Oliver received $19,500 for a variety of programs they run, and other groups such as the Okanagan Falls Lions Club, Okanagan Boundary Shrine Club, Oliver Scouts and Ok Mini School Society also received some funding. The funding is part of a $33 million payment of community gaming grants to thousands of non-profit organizations across British Columbia. Spencer Green GDS
Spencer Green, GDS International, was founded 17 years ago in England. Today, the entrepreneur is the Chairman of one of the most reputed events and publishing companies across the world – GDS International. For this man of great talents, it all began at a small scale. Right before his stint with GDS International, Spencer Green worked as a Sales Executive in Sterling Publications. He was later promoted to a Sales Manager, a post he was extremely successful at. As Sales Manager at the company, Spencer Green was successful in launching and successfully sustaining more than ten business-to-business titles. It was only later, realising his own potential that Spencer Green decided to launch GDS Publishing Ltd. Spencer Green was determined to take GDS International to promising markets in places such as India and China and was extremely successful in making the company a hit. In 1998, following a successful run for over 5 years, GDS publishing became GDS International. Both Spencer Green, GDS International continues to grow strong even today and is widely recognised to be one among the best in field. Project Merlin to Lend an Extra 1billion Pounds to Small EnterprisesThe deal between the UK government and its banking giants seems to have taking to a new stage. Under the codenamed Project Merlin – will lend them an extra £1bn (€1.1bn) to small and medium enterprises (SMEs).
The banks are agreed to an overall corporate lending target of £190bn (€224bn), up from last year’s figure of £175bn (€206bn). The bulk of that will go to larger companies, but an extra £1bn will be set aside for SMEs, and funnelled particularly toward parts of the country most heavily hit by the government’s aggressive spending cuts. Banks are facing a number of possible regulatory changes, including a £2.5bn (€2.95bn) annual levy and some degree of compulsory pay disclosure. A commission led by Sir John Vickers will also consider whether to force the biggest banks to break up their operations into ring-fenced subsidiaries. The government already owns 84 per cent of Britain’s largest bank, RBS, following a 2008 bail-out. The government is now thought to be planning to sell off its stake in several tranches. Cops use gift vouchers to trap a rebelThe lure of a few thousand rupees made this lady , Nisha land in the police net. A wanted criminal, Nisha was evading arrest on the charges of making extortion calls to rich businessmen, netting an average of over 1.5 crores of rupees every month. When all attempts to trap her failed, the cops set up this innovative technique. Posing as the representatives of her mobile service provider, they informed her that she has won gift vouchers worth Rs. 10,000 , which was too good to resist and she walked straight into the smart trap set by the police. Nisha, a top leader in the banned terror outfit National Democratic Front of Bodoland was a price catch for the cops thanks to the gift voucher lure. YoNaturals refreshing food stuffs that satisfies your appetite
The team of experts at YoNaturals has in its stock more than 500 types of food stuffs that absolutely satisfy your appetite. The secret behind the success of the business is the team effort. The team is peculiar about meeting the requirements of the consumer. With organic food that matches the standards set by FDA, the Food and Drug Administration, the company has the know-how of how to supply food that has not been grown by using chemical additives, growth hormones, pesticides, chemical fertilizers etc. The keenly chosen ingredients of the products consists of high nutrition standards - reduced fats, salt and sugars succeeds in passing the taste tests of the experts before even being considered for the YoNaturals line-up of quality vended food and beverages. With the YoZones, the vending machines, YoNaturals gives nutritious food that is easily available at your premises perfectly suiting your family diet and satisfying your hungry stomach. Seesmic gets $4 Million InvestmentSeesmic a leading maker of applications in San Francisco, that monitor social networks across mobile devices received a $4 million investment from salesforce.com, inc. and a Softbank Group company managed by Softbank Holdings Inc. Seesmic helps companies monitor, engage and build their brands across social networks and mobile devices. The Seesmic Desktop provides a single console that lets companies view and respond, in real time, to comments being made about their brands in Twitter, Facebook and other social networks. Seesmic Desktop works with Apple's iPhone and Macintosh computers, Smartphones running Google's Android or Windows Phone 7 mobile operating systems, Research in Motion's Blackberry and on personal computers. As salesforce.com is a valued partner for Seesmic, these investments will be used to reach more enterprise customers. Small businesses to have exciting opportunities to expand in new directionsThe marketing trends that small businesses should incorporate to make a successful head-start invariably start in the virtual world. Online world and social media will have a great role to play in building reliable brand advocates and to maintain a constant interaction with the target audience. The current shift to online reputation management, geo targeting and online marketing help the small businesses to stay ahead in the cut throat competition and the tough marketing conditions that prevail today. Small and medium businesses that strive to excel in one area catering to a niche target area are likely to be more successful than the 'jack of all trade' type companies in the days ahead. This will be a year for the enterprises to stay focused on their unique niches and position themselves as the definitive source for products and services in the markets where they operate. Statistics show that companies tend to invest a substantial part of their marketing budget in social media and other digital marketing media to ensure the best results at the shortest possible time.Hire the top marketing consultant
Adapt to the changes in Direct MarketingNoticing a new twist to direct marketing in the coming years, marketers need to get adjusted with the new data's and insights that this transformation would bring. With all marketing procedures becoming direct marketing, the timescale and the analysis of the marketing communications has seen a change.
The new differences in the marketing conditions will see even the marketers employing and embracing the targeting, measurement process and the responsive skills needed in a market condition. Also seen is that each firm needs to take immediate measures in protecting their valid data's from the numerous hackers that is seen to be rising with each day. Make sure that the interests of the organisations clients as well as important information of the company is encrypted which will protect the hackers from decrypting the data, if by chance they are able to get access to the information. |
- Smart business solutions, to combat recession!
- Encourage cycling to save the economy!!
- Global shocks - the latest risk factor for economies
- The Car industry comes out of the economic blues
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