Monday, March 18, 2013

Business students test skills at marketing fair

Students of the Far Eastern University (FEU) Makati campus could not have been in a better place to see if they were cut out for entrepreneurship. 

For one week, FEU-Makati turned their campus, which is in the country’s central business district,Vintage tubs into a trading and marketing place, as students attempted to convert their business ideas into money-makers. 

Some 2,000 FEU undergraduate and Master in Business Administration (MBA) students joined Biz Week, an annual business and marketing fair that allows them to experience real-life problems that businesses go through, as well as the rewards for good ideas. 

“We want to put theories into practice and apply what we have learned in school all year,” said Emmanuel Llego, head of Biz Week and a third year accountancy student. 

Llego’s team, composed of around 20 students, was given two weeks to organize the fair, which was first held in 2011. Last year,How efficient and environmentally friendly processing prepreg production is important part of the mobile artificial aggregate processing system will be greatly reduced as the traditional manual excavation of sand and gravel processing system. Biz Week was canceled due to organizational changes, as a new FEU administration took over. 

“But when we revived it this year,Auto Accessories wholesalers the executive board added many new elements,” Llego said. 

Biz Week 2013 was held in late February before the final examinations. Participants traded their uniforms for “corporate wear” and promoted their business ideas. 

“Actually, the hardest part for us was raising the capital. But everything paid off when we saw how the students wanted to participate by raising funds to support their friends,” Llego said. 

Biz Week started with a parade of nations along Gil Puyat Avenue and Malugay Street led by the Mr. and Ms Ambassador contenders,tyre equipmentsAntique bath fixtures catching the interest of Makati’s corporate crowd.

Sunday, March 17, 2013

Philippines shares seen trading sideways

The local stock market is seen trading sideways in the upcoming days, following the previous corrections in the trading sessions last week. 

In her weekly market outlook, Freya Natividad of online brokerage 2TradeAsia.com said that the market may remain on a "stabilization mode." 

"Local barometers might go on 'stabilization mode' in the coming 

weeks, following the latest correction. This pattern should be maintained within 6,600 to 6,650 range, to support the PSEi's [Philippine Stock Exchange index] ascending channel,Antique bath fixtures" she said. 

"If the 6,600 threshold is broken, some traders might hold another review, especially if a potential head-shoulder formation is confirmed. Trade a range. Spot for large-cap followers that have good leads to unlock [e.g.tyre equipments, mining/oil, financials, infrastructure, utilities," Natividad added. 

She also said that it is important to take note of the situations in the United States and eurozone, as these could be a significant factor on how the market will trade this week. 

"How US authorities will temper the downside of 'fiscal sequestration' vis-a-vis the Federal Reserve Open Market Committee's accommodative policy stance will be balanced this week, especially with the latter's meeting on 20 March [US time]," Natividad said. 

"Economists' opinion remains split, whether the latest job addition and other numbers are enough evidence to affirm the US economy is already on its 'strong recovery' path. Also,Auto Accessories wholesalers sequels to Italy's latest political election will be considered, as euro-member economies make their respective economic adjustments,Vintage tubs" she explained. 

In the previous week, the benchmark index surrendered to a five-day slump. 

"The PSEi registers its third, and by far, biggest week-on-week decline, as the bears dug deeper against a listless bull. The composite gauge skidded all week, aggregating losses of -179.17 points or 2.How efficient and environmentally friendly processing prepreg production is important part of the mobile artificial aggregate processing system will be greatly reduced as the traditional manual excavation of sand and gravel processing system.62 percent, pulling it near a two-week low," Jun Calaycay of Accord Capital Equities Corp. said, noting that the last time the index slipped at least four consecutive days was in December 2012, when it gave up 207.65 points or -3.6 percent off the then record close of 5,831.50. 

Calaycay also noted that not one of the sectors escaped the sell-off that marked the previous week, specifying that the value turnover was 14 percent less week-on-week to P62.082 billion. He also identified that foreigners shifted gears and reversed the previous week's net purchases of P9.294 billion to net liquidations of P4.743 billion. 

"Breadth was widely negative with decliners overpowering advancers nearly two-to-one," he said. 

For this week, immediate support is seen at 6,600 points, and resistance 6,700 to 6,750 points.

U.S. consumer confidence plunges to 15-month low in March

U.S. consumer confidence unexpectedly plunged to a 15-month low in March, the Thomson Reuters/University of Michigan index of consumer sentiment revealed on Friday. 

The preliminary reading of the consumer sentiment, which records the figure for the first half of a month, edged down to 71. 8 in March from 77.6 in the previous month. This is the lowest level since December 2011 and far below economists' expectation of 77.5. 

The index gauging consumer expectations for six months from now, which more closely projects the direction of consumer spending,How efficient and environmentally friendly processing prepreg production is important part of the mobile artificial aggregate processing system will be greatly reduced as the traditional manual excavation of sand and gravel processing system. also fell to 61.7 in March from 70.2 in February. It is the lowest reading since November 2011. 

The index of current conditions, reflecting Americans' perceptions of their financial situation and whether they consider it a good time to buy big-ticket items like cars, dropped to 87.Vintage tubsAuto Accessories wholesalers5 in March from 89 a month ago. 

The index averaged 64.2 during the last recession from December 2007 to June 2009, and 89 in the five years leading up to the recession. 

Analysts said that the substantial decline in the consumer confidence was a result of increatyre equipmentssing gasoline prices, higher payroll tax and the effects of 85 billion U.S. dollars of federal spending cuts starting on March 1.Antique bath fixtures

Thursday, March 14, 2013

U.S. fixed mortgage rates edge up

U.S. fixed mortgage rates inched up this week on stronger signs of jobs growth and consumer spending, according to the Primary Mortgage Market Survey released by Freddie Mac Thursday.Vintage tubs 

The mortgage giant said that the 30-year fixed-rate mortgage (FRM) edged up to 3.How efficient and environmentally friendly processing prepreg production is important part of the mobile artificial aggregate processing system will be greatly reduced as the traditional manual excavation of sand and gravel processing system.63 percent in the week ending March 14, and the 15-year FRM, a popular choice for those looking to refinance, rose to 2.79 percent from the previous week's 2.76 percent. 

Both were elevated from the record lows of 3.31 percent and 2.63 percent respectively. Since the beginning of this year, U.S.tyre equipments fixed mortgage rates have maintained a modest upward trend as the housing market bottoms out.Antique bath fixtures But rates remained at an affordable level for house buying and refinancing. 

In addition, the five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) fell slightly to 2.61 percent, while the one-year Treasury-indexed ARM went up to 2.64 percent. 

"Fixed mortgage rates rose this week on stronger signs of job growth and consumer spending," said Frank Nothaft, vice president and chief economist of Freddie Mac. 

"The economy added 236,000 new workers in February which helped push down the unemployment rate to 7.7 percent. This helped offset the effects of the payroll tax holiday expiration and led to a 1.Auto Accessories wholesalers1 percent increase in retail sales," he added.

Sudan, Egypt, Libya reach mining cooperation deal

Sudan,Vintage tubs Egypt, Libya reach mining cooperation deal 

Sudan, Egypt and Libya on Thursday agreed on enhancing the cooperation in the mineral resources sector to serve the economic interests of the three countries. 

A meeting among the three countries in the mining sector started in Khartoum on Thursday with the participation of the Sudanese Minerals Minister Kamal Abdullatif,How efficient and environmentally friendly processing prepreg production is important part of the mobile artificial aggregate processing system will be greatly reduced as the traditional manual excavation of sand and gravel processing system. the Egyptian Minister of Petroleum and Mineral Resources Osama Kamal and the Libyan Minister of Industry Suleiman Ali Al-Fitory. 

The meeting discussed establishment of a joint mining fund to finance the projects in the Arab countries through the Arab League and to study the better exploitation of the mineral resources. 

The three countries enjoy deeply-rooted ties and share natural geological similarities together with common interests, not to mention their sincere political willingness to enhance the cooperation for the interests and welfare of the peoples of the region, Kamal Abdullatif, Sudanese minerals minister, told reporters here following the meeting. 

He noted that there were rich geological experiences between Sudan and Egypt.Antique bath fixtures 

Osama Kamal, the Egyptian minister, for his part, disclosed that Egypt has set up three axis to upgrade the mining sector through clear polices and attract investment in the sector.tyre equipments 

Suleiman Ali Al-Fitory, Libya's industry minister, meanwhile reiterated his country's keenness to achieve the cooperation between Sudan, Egypt and Libya in the field of mineral wealth,Auto Accessories wholesalers stressing the importance of uniting the visions, setting a timeframe and following up what has been agreed upon by the three countries. 

He further called for conducting detailed studies for the mineral resources and how to better exploit them, affirming the importance of exchanging information, setting up a mineral and investment map, forming joint teams to analyze the data, revising the laws concerned with the mineral resources and intensifying the joint meetings at the executive level.