Inc.
2 hours
As minimum wages increase across the country, owners and sellers should take several measures to manage financials and business value.
South China Morning Post
9 hours
The outlook remains robust for high-end Chinese liquor makers despite slowing growth in food spending and stronger competition from foreign brands, according to a research report. With other local food vendors facing headwinds, the top two baijiu makers can maintain their high profitability because of strong brand awareness, according to analysts at HSBC. After decades of heady growth, food spending in China has reached a high level with limited room for further expansion. The per...
The Sun Daily
20 hours
5% for FY17. Zafrul said the bank was tempered by higher provisions in Singapore and Thailand last year. He said Singapore was impacted by the oil and gas sector, while Thailand was impacted by the rice sector. “We expect provisions in Thailand and Singapore to be lower than FY16,” said Zafrul, adding that Indonesia’s profitability had grew 500% mainly because of lower provisions. Meanwhile, Zafrul updated that CIMB is finalising negotiations with China Galaxy Securities Co Ltd on its 50:50 joint-venture stockbroking business, which is expected to complete by April. CIMB saw its Q4 net profit rise 4.7% to RM854.39 million in the fourth quarter ended Dec 31, 2016, from RM825.74 million a year ago from improved net interest income. Its revenue jumped 6.7% to RM4.31 billion compared with RM4.04 billion in the previous year’s corresponding quarter.
Channel 4
a day
That's not just about... Categorically not. If you look at the outsourcing industry and everyone that employs individuals on the minimum wage I am sure many would like to throw those kind of accusations, I see a backup in that. Looking to the future, especially with Article 50 being triggered, the kind of economic environment we are heading towards, if you listen to John Major's speech yesterday, it's Singapore off Europe, it's about low taxation, low wage levels, high profitability for companies.
The Economic Times
a day
MUMBAI: S&P Global Ratings today said profitability of banks will improve in the next fiscal but barring large capital infusion the ratings on PSU banks would remain vulnerable. In a report titled 'Progress Will be Slow for India's Banks in 2017', S&P said banks have been able to meet minimum regulatory requirements largely because of the government's capital infusions, their issuance of Additional Tier 1 capital, and lower growth in risk-weighted assets. "However, barring further large capital infusions from the government, the credit profiles of some of the public sector banks we rate in India will remain vulnerable," it said. It said India's banking sector will recover only marginally over the next few quarters. "We expect the Indian banking industry's growth and profitability to gradually improve in fiscal 2018 (the year beginning April 2017), from the low base of fiscal 2017," S&P Global Ratings Credit Analyst Amit Pandey said.
The Economic Times
a day
MUMBAI: Country's banking sector is likely to recover very marginally over next few quarters due to low capacity utilisation in corporate segment and wait and watch approach of borrowers in some sectors, says a report. "We expect the country's banking industry's growth and profitability to gradually improve in financial year 2017-18, from the low base of the financial year 2016-17," S&P Global Ratings's credit analyst Amit Pandey said in a note today. "However, the improvement will be sluggish at best, given low capacity utilisation in the corporate segment and the wait-and-watch approach of borrowers in some retail segments post demonetisation," he said. The rating agency said the pace of new non-performing loan creation is likely to abate somewhat over next 12 months. "But banks with sizable corporate exposures will remain vulnerable, given their low provision coverage and inadequate resolution of stressed assets," Pandey said.
Sky News
a day
At the moment I have a significant contract in Germany so I ship twice a week from the UK, if I am unable to do that, because the constraints of a pro hubtive moving of metal across the border or because customs concerns is and controls affect the profitability of that, I will take that slice of business and put it in another facility. I have a facility in Poland.
KyivPost
a day
MOSCOW Rosneft has no plans to sell any of its refineries, Rosneft CFO Pavel Fyodorov said during a conference call. He said that Rosneft was actively working on finishing the modernization of its refineries. Even under today's conditions, we see the importance of this task. We don't have plans to sell any of our refineries. There is an active dialogue underway, including with government authorities, to ensure the profitability of investments in a number of refining issues. A final decision will to large degree depend on implementing tax initiatives and we will adjust our decisions in accordance with them, he said. The post Rosneft has no plans to sell any refineries appeared first on KyivPost .
Sky News
a day
At the moment I have a significant contract in Germany, so I actually ship twice a week from the UK. If I'm unable to do that because the constraints of - are prohibitive of moving metal across the borders or because of customs concerns and controls affect the profitability of that, then what I will do is I will simply take that slice of business and I will put it in another facility.
Sky News
a day
At the moment, I have a significant contract in Germany, so I ship twice a week from the UK. If I'm unable to do that because of the constraints of a prohibitive moving of metal across the borders or because customs concerns and controls affect the profitability of that, then what I will do is simply take that slice of business and I will put it in another facility.
Sky News
2 days
Depending on how Brexit goes, that might not always be the case. At the moment I have a significant contract in Germany so I ship twice a week from the UK. If I am unable to do that because of the constraints of a prohibition on moving metals across the borders, or because customs concerns and controls affect the profitability of that, and what I will do is to protect that slice of business and put it in another facility.
BBC Parliament
2 days
I think she must have X-ray site because my next paragraph of my notes here very much talks about how we deal with farming and farmers and she is right and we have an opportunity now when we effect on their crop and profitability but if they store it on arable land and for a long period, they need greater compensation so in some respects we need to look in detail at how we do this and we will have that opportunity.
South China Morning Post
2 days
By Chester Tay Recent announcements in Malaysia of multibillion-ringgit aircraft orders and aggressive growth plans in seat capacity among four main Malaysian carriers may seem curious to some, in the face of yield and profitability pressures ahead, particularly in the second half of the year. But the industrys view is that the longer-term passenger growth will be robust enough to fill the additional capacity coming in. Globally, passenger traffic is expected to grow. In...
The Economic Times
2 days
The Herald - Business
3 days
ROSS MCEWAN has declared his hope that he will still be in charge of Royal Bank of Scotland when it returns to profitability, as the state-owned lender unveiled a bruising £7 billion annual loss and signalled further heavy job cuts are in store.
ABC News - Money
5 days
J.C. Penney says it will close 130 to 140 stores as it aims to improve profitability in the era of online shopping
South China Morning Post
5 days
ABC News - Money
5 days
J.C. Penney says it will be closing anywhere from 130 to 140 stores as it aims to improve profitability in the era of online shopping
ABC News - International
5 days
Bloomberg
5 days
The Economic Times
5 days
The Economic Times
5 days
Techradar
6 days
Now let's get to the best business broadband deals in no particular order. With businesses chasing every customer online, it's vital for your company to have a broadband service that can deliver the performance you need today, and handle your needs in the future. Choosing a broadband service for your business may seem like child's play, with these services becoming almost a commodity. However, it is critical to carefully consider the service in use, since this can have a massive impact on performance, and ultimately on the profitability of your company. Claire Sadler, head of marketing at BT Business, advises: "Traditionally business-grade services are slightly more expensive, but that's because they include things such as greater levels of support - both during and outside of normal office hours and guaranteed fix times - as well as more consistent speeds where business traffic gets priority at peak times.
Bloomberg
6 days