Archive for June, 2010
During the first quarter of fiscal year 2011 ended June 24, 2010 yesterday, Research In Motion (RIM) managed to earn revenue up to U.S. $ 4.24 billion. This amount increased by 24% from U.S. $ 3.42 billion compared to the same quarter last year.
In the Description Officially, In Q1 Fiscal Year 2011 has sent more than 100 Million BlackBerry smartphones.
While the BlackBerry subscriber or subscribers increased by 69% during this year to 26 million, with an additional 4.9 million subscribers in Q1. Approximately 40% of customers outside North America.
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IF Services Netherlands BV, a Dutch investor will be a buyer follow-up standby (standby buyer) plans rights issue of PT Bank International Executive Tbk (BEKS) accompany PT Recapital Securities. IF Services 24% chance of mastering BEKS shares worth Rp 143.43 billion.
This was conveyed in the rights offering prospectus published BEKS, Monday (28/06/2010).
BEKS will issue 5.1225 billion new shares with a rights issue at a price of Rp 100 per share. That means, the total value of the rights issue was reached USD 512.25 billion.
The proceeds from the rights issue will be used for SME lending (84%), increase branch network (12%) and IT development (4%). Read the rest of this entry »
U.S. Central Bank (Federal Reserve) again decided to retain extra-low interest rates and said the U.S. economy now is recovering from a recession despite the shocks to the financial crisis than other countries.
The decision was taken at a meeting of the Federal Open Market Committee (FOMC), which lasted for two days through a vote 9-1. As usual, the governor of Central Bank of Kansas City, Thomas Hoenig did not agree and want the interest rate is raised. Hoenig always choose the option since the January 27 FOMC meeting.
Hoenig assess keep interest rates low extra for a longer period is no longer needed because it could create an imbalance in the future and increase the risk of long-term macroeconomic and financial stability. It also would restrict the flexibility of the FOMC to begin gradually increasing interest rates.
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Dow Jones stock index has declined at the weekend stock trading. This is because investors are still learning about financial system reform plan and the estimated decline in first-quarter economic growth in 2010.
Movements in shares on Wall Street Friday (6/25/2010) mixed. Dow Jones Index dropped 8.99 points (0.09%) to 10143.81 extend sharp decline on Thursday. Meanwhile the Nasdaq index rose 6.06 points (0.27%) to 2223.48 and the S&P500 stock index also rose 2.9 points (0.27%) to 1076.59.
Market participants seem to be relieved to have some clarity about financial reform, but at the same time trying to determine what impact these changes on financial markets
From the economic side, the U.S. Commerce Department revised the economic growth in the quarter I-2010 would be much reduced. This is revised downward a second time, previously calculated 3.2% changed to 3%, and finally to 2.7%.
Indonesian clove cigarette exports to the United States plummeted since the entry into force of the ban clove cigarettes in the U.S. in September 2009. Until the mid-year 2010 There are no exports at all to the U.S..
This drop in exports caused foreign cigarettes from the cigarette is reduced drastically. Because 50% more export markets Indonesian clove cigarettes are to the U.S.. although in other countries also exist such as Arabic.
Total foreign exchange income from cigarettes obtained by Indonesia reached U.S. $ 240 million per year, and Indonesia has the potential to lose all that revenue if other countries also imposed a ban on clove exports this.
VMware virtualization solutions provider partnering OEM (Original Equipment Manufacturer) with Novell to distribute and support the operating system is SUSE Linux Enterprise Server.
Users who will apply the SUSE Linux Enterprise Server for VMware virtual machines in VMware vSphere can now choose to get a subscription to SUSE Linux Enterprise Server within which includes various updates and patches.
Both companies will provide the ability for customers to transfer (porting) the workload of SUSE Linux-based computing infrastructure to cross the cloud.
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Facebook’s financial performance was amazing. In the year 2009 and then, these social networking sites posted revenue approaching U.S. $ 800 million, to confront the analysts predicted earlier.
These calculations did not come out of the mouth of the originator of facebook, Mark Zuckerberg. But from two sources close to the site such friendship.
Facebook a flashy performance is difficult doubted. Because, during the year 2009 and then, growing numbers of users and advertisers on this site like mushrooms after rain, so fast growing.
No wonder, if the revenue is booked nearly managed to reach U.S. $ 800 million. Revenue growth showed how great Facebook maneuver in making money, although the newly founded six years ago. Even at this social networking site Facebook has become the largest and number one in the world, with the number of users of nearly half a billion people.
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Online commerce transactions or e-commerce via the Internet in Indonesia is very big. Year 2009 and then just pass the value of Rp 35 trillion. Unfortunately, this industry has not enjoyed the domestic market.
Thus revealed Vision Sharing Telematics Research Institute held a workshop at ‘State of The Art of Global Electronic & Mobile Micropayment & Mobile Remittance’ at the Royal Plaza, Singapore.
According Sharing Vision, Based on year 2009 data from IDC trading via the Internet in the country of Indonesia Reached Approximately $ 3.4 Billion. But unfortunately, this huge potential can not be captured by local players. Online transactions are still dominated by foreign players. Even so, he was optimistic that local players can develop provided that the owners of e-commerce sites can provide a global trading platform.
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Microfinance institution in Bangladesh, Grameen Bank, founded by Nobel laureate Muhammad Yunus of Economics in 2006 acknowledged the economy had become the driving wheel of a country. Inevitably, they also become an example for other countries.
It turns out that success can be achieved this financial institution because of two main factors: Namely women and open source. Why is that?
According to Muhammad Shah Jahan, the General Manager and Chief Financial Officer of Grameen Bank, almost 97% of Grameen Bank clients totaling 25 million are women.
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Royal Bank of Scotland PLC on Wednesday said that the company has agreed to sell its banking unit namely Faysal Bank Ltd. of Pakistan. Karachi worth 41 million euros or about $ 50.6 million.
Units will be sold to Pakistan’s MCB Bank of Pakistan who had suffered losses for the period of January and get a regional agreement.
RBS acquired the unit, called RBS Pakistan, which is part of the cooperation of Dutch bank ABN Amro.
RBS is currently 84 percent of its shares controlled by the British Government, the sales reached 99.37 percent for RBS of Pakistan. Read the rest of this entry »