Scottish independence: Post-Yes fiscal forecasts updated by IFS

Scottish independence: Post-Yes fiscal forecasts updated by IFS

The government has announced a series of measures in the Queen’s Speech that it said were “unashamedly pro-work and pro-business”.

Included in a raft of bills were proposals to make it easier for small businesses to access finance and remove red tape.

There will also be measures to tackle zero-hours contracts and national minimum wage abuses.

Some childcare regulations will also be made more flexible.

A corporate ownership bill will make it easier to punish rogue company directors by increasing the period for which they can be disqualified and awarding compensation to victims. Continue reading “Scottish independence: Post-Yes fiscal forecasts updated by IFS” »

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Chevron Retreats on Clean Energy After Renewables Hit 20% Margin

Chevron Retreats on Clean Energy After Renewables Hit 20% Margin

In January, employees ofChevron (CVX)’s renewable power group, whose mission was to create large, profitable clean-energy projects, dined at San Francisco’s trendy Sens restaurant. Managers applauded them for almost doubling their projected profit in 2013, the group’s first full year of operations.

The mood quickly turned somber. Despite the financial results and the team’s role in helping start more than a half-dozen solar and geothermal projects capable of powering at least 65,000 homes, managers told the group that funding for the effort would dry up, and encouraged staffers to find jobs elsewhere, say four people who attended the dinner, Bloomberg Businessweek reports in its June 2 issue.

Continue reading “Chevron Retreats on Clean Energy After Renewables Hit 20% Margin” »

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Tiger Mandala air stop operates from this day

Tigerair Mandala Airlines, previously known as Mandala Airlines, announced stops their operation from 1st July 2014 last days ago. The corporate can not lift their profit in last several years. This makes many customers feels sad. People loves the aircraft because their services and many promos. Tiger air Mandala has many promos like Tigerflash every Thursday, Free on arrival flight, and others.

mandala plane

Before Tiger air buy 33 % Mandala’s stock on 2012, they has also been stopped their flight because of finance problem. but in their new brand image, its still hard to gain their revenue. So this is hard decision was made. Continue reading “Tiger Mandala air stop operates from this day” »

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2014 Worldcup boost extra jobs in Brazil

2014 Worldcup boost extra jobs in Brazil

 

2014 World Cup which held in 12 major cities in Brazil predicted create about one million new jobs, according to economic research institutions in Brazil.

Agencia Brasil news agency on Friday (20/6) quotes reports Fipe economic institutions, which carry out the task of the Ministry of Tourism of Brazil, that of a million jobs were temporary 200,000, the rest are permanent.

The report also mentions that the World Cup will inject 30 billion real (13.4 billion U.S. dollars) to the Brazilian economy.

“The number is very large,” said Vicente Neto, Head Official Tourism Promotion Agency of Brazil, Embratur.

“It was an incredible human heritage,” Neto said as quoted by Xinhua news agency.

Neto said, another positive aspect of the game is the occupancy rate of hotels in 12 major cities hosting the World Cup which reached 45 percent more than expected.

Major international events like the World Cup will also promote Brazil as a tourist destination, thus creating more jobs and income, he said.

In addition to host the World Cup, Brazil will host the 2016 Summer Olympics, which will take place in the city of Rio de Janeiro.

In other sides, many brazil’s games makes the labors and employee request extra off day to their company, just to watch their National team.

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Freeport Contract extension will decide by Next President?

Freeport Contract extension will decide by Next President?

Queted from TEMPO.CO, President’s special staff of economic and development, Firmanzah, asserted that the mining contract renegotiation will be not be decided by the President Susilo Bambang Yudhoyono. He said the strategic policy will be made by the new president elected on July 9 2014.

Freeport mine

“During a cabinet meeting, the president asserted that he would not make any strategic policies, including the mining contract renegotiation, near the end of his terms of office,” Firmanzah toldTempo on Sunday, June 8, 2014.

Continue reading “Freeport Contract extension will decide by Next President?” »

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How is Freeport Morgan’s contract negotiation progress now?

How is Freeport Morgan’s contract negotiation progress now?

Freeport-McMoran Copper & Gold still have contract (Kontrak Karya – KK) in Indonesia untl 2021 since 7 April 1967 and last renewals in 30 December 1991. Freeport can propose new extension in 2019, 2 years before its end. But after government isseud UU No 4/2009 about Mineral and Coal Mining, also PP 9/2012 about PNBP and Keppres Number 3/2013 Freeport and others mining corporation should be fulfill the provision from the government.

Freeport

So, why Freeport looks inconvenience with this regulations? Since 1967 Freeport was contribute around 20-30 percent copper mining for their company production around he world. It’s not a small contribution for the total production. In others, gold mining contribute more that 90 percent for total productions besides their mine in South America, North America and Africa. If they fail to extend the contract, their production will be affected and makes huge influence for their company. Continue reading “How is Freeport Morgan’s contract negotiation progress now?” »

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After Queen’s statements, Business going up

After Queen’s statements, Business going up

The government has announced a series of measures in the Queen’s Speech that it said were “unashamedly pro-work and pro-business”. Included in a raft of bills were proposals to make it easier for small businesses to access finance and remove red tape.

There will also be measures to tackle zero-hours contracts and national minimum wage abuses.

Some childcare regulations will also be made more flexible.

Socmed2

A corporate ownership bill will make it easier to punish rogue company directors by increasing the period for which they can be disqualified and awarding compensation to victims.

The bill will also introduce a public register of beneficial shareholders in a company. Continue reading “After Queen’s statements, Business going up” »

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What is the Most Important in Aviation Industry?

What is the Most Important in Aviation Industry?

The International Air Transport Association (IATA) has called on government institutions, airlines and aviation industry stakeholders to safeguard the development of Indonesia’s commercial airline industry by striving to meet international standards of coordination and safety.

Aircraft

“The key to unlocking the aviation industry’s future potential is a global mind-set that is supported by strong partnerships. Aviation connects people and business to make global expansion possible. Airlines must be profitable, safe and secure,” Tony Tyler, IATA’s director general and CEO said Monday in a statement made available to The Jakarta Post on the sidelines of the IATA 70th annual general meeting and World Air Transport Summit in Doha, Qatar. Continue reading “What is the Most Important in Aviation Industry?” »

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Foreign Tourism came to Indonesia is Less than March

Foreign Tourism came to Indonesia is Less than March

Tourism decreased 5.13 percent last April, falling from a March tally of 765,000 to 726,300 foreign arrivals.

The Central Statistics Agency (BPS) head Suryamin said that the decrease reflected recent trends, as Indonesia had for years witnessed a drop off in tourism during the month of April.

“The figure has always dropped from March to April. We hope we can make improvements in the future because tourism benefits the economy,” Suryamin said in Jakarta on Monday, as quoted bykontan.co.id. Continue reading “Foreign Tourism came to Indonesia is Less than March” »

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IMF warns banking perform not properly

IMF warns banking perform not properly

Banking reforms aimed at preventing another financial crisis have failed to make enough progress, the boss of the International Monetary Fund has warned.

IMF managing director Christine Lagarde blamed a combination of the complexity involved, industry lobbying and “fatigue” for the delay.

“The industry still prizes short-term profit over long-term prudence,” Ms Lagarde said at a conference on the future of capitalism.

She called for tougher global rules.

Ms Lagarde said some of the biggest problems were with the so-called “too-big-to-fail firms”, banks whose collapse would cause such a big knock-on effect on the wider economy that governments were still expected to rescue them.

economic Continue reading “IMF warns banking perform not properly” »

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