Business Entertainment

China’s economy cools

budi — Wed, 12 Aug 2009 15:34:09 +0000

China’s surging economy slowed slightly in July as state-controlled banks heeded Beijing’s instructions to rein in excessive lending, with the volume of new lending dropping 77 percent from a month earlier. Most economic indicators however suggested a continuing strong recovery, largely as a result of government investment and state-directed lending that saw new loans nearly triple in the first seven months from the same period last year. Industrial output expanded by 10.8 percent in July from a year before, less than most economists had predicted. Fixed asset investment growth rose 32.9 percent from a year earlier for the first seven months of year, indicating some slowing in July as half-year growth had been 0.7 percentage points higher. Senior Chinese leaders have repeatedly emphasised their commitment in recent weeks to a “moderately loose” monetary policy but fears of bubbles forming in the property and stock markets prompted the central bank and banking regulators to order banks to slow lending last month. As a result, new loans in July slowed to RMB 356 billion ($52B), the lowest since last October and down sharply from RMB 1,530 billion in June, according to figures released by the central bank on Tuesday. This policy of “‘backdoor tightening’ will be replaced with effective tightening measures authorised by top policy makers when the growth recovery is further confirmed, most likely in the fourth quarter of 2009,” according to Goldman Sachs economists Helen Qiao and Yu Song. “We also expect more meaningful tightening measures to be adopted in 2010, after more signs of overheating and inflationary pressures emerge.” Chinese prices continued to fall in July from a year earlier, reducing the likelihood Beijing will make any major changes to its policy of boosting growth with fresh liquidity and surging infrastructure spending. Exports and imports declined in July from a year earlier for the ninth consecutive month, underscoring the need for the government to maintain its domestic investment-led stimulus. Exports were down 23 percent from a year earlier, while imports fell 14.9 percent. Exports though were up a seasonally adjusted 5.2 percent month-on-month, with imports rising 3.5 percent. In a recent report, China’s central bank forecast CPI would bottom out at the end of the fourth quarter. While prices fell year-on-year in July, CPI was flat from a month earlier, while PPI rose 1 percent from the previous month. According to official data. retail sales of consumer goods rose 15.2 percent in July from a year earlier, a healthy pace compared to most other economies but still 8.1 percentage points lower than the year-on-year growth in July last year.

U.S. mortgage applications drop

budi — Wed, 12 Aug 2009 15:31:22 +0000

U.S. mortgage applications fell last week, reflecting a drop in demand for home refinancing loans as interest rates soared to their highest levels since June, data from an industry group showed on Wednesday. Applications for loans to buy homes, an early indicator of sales, rose slightly. Tepid interest in purchase loans does not bode well for the hard-hit U.S. housing market, which has been showing signs of stabilization. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended August 7 decreased 3.5 percent to 499.0. Celia Chen, senior director of housing economics at Moody’s Economy.com in West Chester, Pennsylvania, said higher interest rates on mortgages tend to depress home buying, but that demand is not as sensitive to changes in rates as it is in refinancing activity. With the U.S. unemployment rate at 9.4 percent, many potential home buyers who have lost or who fear they may lose their jobs remain sidelined even though home affordability has improved significantly. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 5.38 percent, up 0.21 percentage point from the previous week. It was the highest rate since the week ended June 19 and significantly above the all-time low of 4.61 percent set in the week ended March 27. The survey has been conducted weekly since 1990. Interest rates a year ago were at 6.57 percent. Mortgage rates were above 5 percent for an 11th straight week. Some experts say rates at 5 percent and below are needed to make a significant impact on home loan demand. The MBA’s seasonally adjusted purchase index rose 1.1 percent to 267.2, the third, albeit small, gain in the last four weeks. The four-week moving average of mortgage applications, which smooths the volatile weekly figures, was down 0.7 percent.

Entertainment is the best business

budi — Sun, 26 Jul 2009 11:08:19 +0000

Like you know today, many of business are going down and not only a small business, many of big business are going down and going to collapse, just a little of that can be survive in this condition. this makes many people lost their job, their house and many of them cannot to fulfill their need. It is bad condition of economic, many of them this is a depression and many of them this is recession. Many of big business are going down, such as citigroup, citigroup is the biggest company in 2008 and this company can fall just in one year. It is seems so crazy. If you look AIG, the biggest insurance company in USA, it seem to be collapse but the government help it with bailout. The 3^rd biggest investment banks in USA, Lehman Brother, it going to collapse and make many of their customer lost million dollar. Just and entertainment business that can be survive. Entertainment business give you more hopes to gain much of money today, it will become good business, that can going down or hit by recession. Make a business is a good idea, but you must make the good concept and good management and you must have an enough experience.

Make a right decision

budi — Wed, 15 Jul 2009 11:06:55 +0000

Decision is the important things in your life, all of your life is depend from your decision. your future and your next days and everything is depend from your decision. because of that to make a good decision, you must thinking everything two times, always make a win win solution for all of your decision. with a good decision you can make a good deals, make a good family and make a good life. with decision you can make everything become so good and make your friend and all around you so good. Make everything in your life become so good because of your decision. don’t take everything become a bad deals because your bad decision, it will make you have a bad future. Because of that If you want to make a decision, you must thinking it two times and don’t be so nervous, because wit you act lie that it makes your emotional become bad and it is make you can make a good decision or right decision. everything must be thinking with a patience and thinking for long term. Make a right decision and make everything become so good and make your future become more lighter and more blesses.

Do the best and God will do the rest

budi — Wed, 01 Jul 2009 11:05:48 +0000

Many people today become so pessimist because this condition of global economic. When, you want to open new business or build some company maybe in your mind first time you must thinking about this economic condition. the unstable condition makes many people very afraid to run the business more fast, because they afraid to lose a much of money. Because this economic condition many people lost their job, their company going collapse and many of them lost their house. it is a bad condition that make you thinking two times to run a business. but, I think this condition will become recovery more faster.You just need to be always optimist and do the best, it is the principal of work. Do the best is the point to make your business more bigger and grow so fast. let you do the best and God do the rest. Everything will be fine and will going more better if you work with your best. with a high responsibility, high confidence and high performance it will make you become more perfect and have many of experience in business. so, do the best for your life, your family, your business and God will do the rest for all of you.

Marketing strategy

budi — Sun, 21 Jun 2009 11:04:50 +0000

marketing, marketing is the hearth of all business. no great company or business without a good marketing on it. marketing make your profit become boost and marketing become the most important worker in your business or company. if your marketing stop, your business will be die, or if you cannot to manage your marketing, your company or business will be die or down maybe collapse. But, marketing not only sell something or product, marketing must have a goals or target and the strategy. The important is strategy, you cant make a great sell without a good strategy. First time if you manage a marketing, the important is target, set your target higher and realistic. Second, you must have a good human resources for your marketing, because it will make a solid team for your business. third, set your strategy, the important is your consumer target, don’t even you wrong to set your consumer target. It will become bad. Set the target consumer, what kind of consumer that can buy your item or product. Such as if you sell a cosmetic, you must sell this item to a teenagers or young lady. Don’t sell it to kids or old lady. Fourth you must know your competitor, the benefit and the weakness of your competitor. Marketing strategy make your business even bigger.

Do it today or die forever

budi — Fri, 05 Jun 2009 11:03:22 +0000

Time is very important in every life, but many people don’t know about it. in every time, you need a decision that can change your life and make your life more better. Decision is make your life become more good and that can become more bad and make you more stress. Decision is determine your future, all of your future depend from your decision. but, it is depend what decision that you make, if you make a good decision you will get a good future and if you make a bad decision your life maybe get more bad, but every decision that you take have a risk, and almost of good decision make a not comfort condition. you must go out from your comfort zone and become more discipline. Live is depend from decision, do it today or die forever. Just do it and you will see the result, if you miss it you will don’t know what the result. If it has a good result, you will be lost your best opportunity forever. You must brave and strong and takes every risk and manage it well. Do it now, or you will be lose forever. Make a good decision in your life.

Don’t waste your time

budi — Wed, 20 May 2009 10:59:14 +0000

How old are you??? maybe 30 years old, maybe 40 years old, maybe 50 years old but maybe you 20 years old. I don’t know what your age, but if you live today you must so grateful and know how important is your time. Time is your live, you can’t to turn back time or back to the past. It is impossible, except if you see in movie. In your life, just one cant back again, it Is time. If you have failed in your exam, you can try it again, but not the time. You can turn it back. You must set your time carefully, don’t waste it. you must manage it every day, every time, every week ad every year. Set your goals and the time to reach it. if you waste your time, you waste your life and you have the good opportunity that in front of you and the chance to get more better life. manage your time with your family, with your friend, with your wife, with your work and other. you just have 24 hour only in one day, and 365 days in a year. You must count your day and your life and your target or goals.

Time to take profit

budi — Mon, 06 Apr 2009 10:56:35 +0000

Many of investment are going drop today, and many of people lost a much of money in 2008. Until this 2009 this condition not going well, even that many of people lost a much of money until this year and this time. Almost all of investment are going dropped such as equity, oil, commodity and many more. This unstable condition make all of people going so frustration and become more stress. Many of house have been take back by bank and many of companies are collapse and many of people lost their job. it is a bad condition. with this condition many of people cant live well. Because many of them don’t have enough money to full fill their live. Many of investor are loss much of money. It is all because they don’t watch carefully about the timing of investment. As you look in 2007, the profit of almost investment is more than 100% but many of investor thinking that can go more higher. They don’t know about the timing to take profit, timing is the important things when you become an investor. If they cut and take profit in 2007 they will not lose much of their investment. Time to take profit is the way if you are smart investor.

Build your business more bigger

budi — Thu, 05 Mar 2009 10:55:05 +0000

Build a business is easy but to make it more bigger and always become the number one it is very difficult. You need many of strategy that can make your business even bigger than before. Everything start from your goals. Set your goals and make it become so real, set goals must be higher than before but you must set it with confidence. To make your business even grow you must set your strategy, especially in marketing and services. Marketing is the most important in your business, because without a good marketing it is impossible to achieve a big selling, not only that, you must set a promotion strategy. Promote your business with a special promotion that makes all people want to buy your product. And you don’t forget about your team or your employer, employer is the important in your company or business, without this people your business cannot run so well. You must manage it very well. To make your company more bigger is not easy like you thinking. It is very complicated and need a long period, but it is depend from your management. Your business run well or not it is depend from your management. Build you business more bigger than before.