Recent Articles
CORPORATE ACTIONS: Vale Loses to Australia as Mine Laws Cut Sales
BRASILIA: Vale SA, the world’s largest iron-ore producer, is poised to lose market share to Australian rivals Rio Tinto Plc and BHP Billiton Ltd as Brazil imposes stricter environmental rules on new mining projects and labor costs soar. Brazil’s share of the seaborne iron-ore market may sink to 27 percent by 2016, down from [...]
GOOGLE Wins Approval in China for Motorola Mobility Purchase
SAN FRANCISCO: Google Inc won approval from Chinese regulators for its US$12.5 billion purchase of Motorola Mobility Holdings Inc, clearing a final hurdle for a deal that boosts its patents portfolio and steps up competition with Apple Inc. “We are pleased the deal has received approval in all jurisdictions,” Motorola Mobility said in an e-mailed [...]
Volcafe Sees Indonesian Coffee Harvest Peaking in June or July
LONDON: Harvesting of the 2012-13 coffee crop in Indonesia, the world’s third-biggest robusta grower, is likely to peak in June or July, according to Volcafe, the coffee unit of commodities trader ED&F Man Holdings Ltd. Growers there may harvest 10 million to 11 million bags of coffee this season, up from 7 million to 8 [...]
Is Dust on Your Credit Card a Bad Thing?
Some debt-laden consumers go to extremes to let their credit cards cool off. Quite literally. Some exile their cards in an icy “lock box” in their freezer. It’s believed that in the time it takes the ice to melt, the urge to spend will have passed. That’s usually a fix for someone who can’t easily [...]
Balikpapan to utilize CBM for replacing OIL fuel
BALIKPAPAN: Balikpapan Municipal Government believes coal bed methane (CBM) in the Kutai Basin area, which the research proposed by Virginia Indonesia Company LLC (Vico), can be used as new energy sources to reduce dependence on subsidized fuel. Head of Regional Development Planning Board (Bappeda) of Balikpapan Suryanto said Vico has informed the Local Government to [...]
Indonesia & US cooperates in the development of SHALE GAS
SURABAYA: Indonesia and US have adjusted perception to start working on the development of renewable energy, shale gas. US Deputy Assistant Secretary Department of Energy, Phyllis Yoshida, said US government is serious to develop the potency of shale gas in Indonesia. “US Energy Department has allocated US$1.2 million for developing renewable energy projects in Indonesia,” [...]
4 Ways the IPO Will Change Facebook Forever
Get ready for the Facebook feeding frenzy. On Thursday afternoon, the company priced its initial public offering at $38 a share, giving it a market value of $104 billion. The stock begins trading Friday on the Nasdaq. The result for Mark Zuckerberg, Facebook employees, and early investors is clear. The IPO will make many billionaires [...]
My Top Three Time Management Strategies
A business owner recently asked for time management strategies for busy entrepreneurs. Aren’t we all insanely busy running our businesses? Most of the people that I work with – my clients, my customers – are solo entrepreneurs which are one-person businesses or very tiny businesses that have less than 10 people in them. My first [...]
RAKUTEN Leads US$100 Million Investment in Pinterest
TOKYO: Rakuten Inc., Japan’s biggest online shopping-site operator, is leading a group investing US$100 million in social networking service operator Pinterest. Rakuten was joined by investors including venture-capital firms FirstMark Capital, Bessemer Venture Partners and Andreessen Horowitz, Rakuten said in a statement today,May 17, 2012. Bloomberg LP, parent of Bloomberg News, is an investor in [...]
Bali’s COFFEE EXPORTS up 3.31%
DENPASAR: Bali exported 961 kilograms of coffee worth US$74,376.67 in the first quarter this year, a 3.31% increase from US13,916 in same period last year. But in terms of volume there has been an increase of only 186.87% because in last year’s same period only 335 kilograms had been exported, Head of the Bali government [...]
