Employment of Foreign Workers (Amendment) Bill‚ 2nd Reading Speech by Dr Ng Eng Hen‚ Minister for Manpower‚ 22 May 2007 Print This Page Email This Page Mr Speaker‚ Sir‚ I beg to move “That the Bill be read a second time.” Rationale 2. Singapore today enjoys strong economic growth accompanied by plentiful new jobs - an all-time high of 176‚000 in 2006‚ of which 90‚900 went to locals. The economic prospects continue to look promising. We have a strong investment pipeline with a
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INDIA’S FOREIGN TRADE Foreign trade or international trade refers to the trading of goods between countries. Thus‚ international trade is an extension of internal trade i.e.‚ trade between two different regions within a country. Just like as single region within a country cannot produce everything it needs by itself‚ one single economy cannot produce every commodity all by itself. This could be due to differences in the availability of natural resources‚ skills of people‚ etc. Therefore‚
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Bangladesh has a master guideline for foreign policy from its constitution “friendship with all and malice towards none”. Foreign policy of Bangladesh is one of few sectors that has ever been unreformed since the birth of the nation. Bangladesh is obviously a prospective country of its unique position. In view of achieving its prospects‚ Bangladesh needs significant changes in foreign policy sector. The more the time goes ahead‚ the more the world becomes interdependent. In this age of globalization
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Foreign vs. Domestic QNT/561 October/7/2013 Foreign vs. Domestic Consumers hold the key‚ which unlocks an industry’s decision to produce a certain product. This key is consumer demand. Consumer demand drives competition and controls the popularity and success of a product. In the automobile industry in America there is heavy competition. The automobile industry in America struggles to compete with foreign automobiles. The divide is strong and many Americans are purchasing foreign vehicles
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A product is anything that meets the requirements of a particular market‚ this term involves a lot of dimensions because it is essential to recognize what contributes to the “total product offer”1 in order to be successful in the market or simple to keep our customers satisfy. A service is an intangible economic activity‚ not stored and does not result in ownership; Services nowadays are becoming more important and growing faster and consumers are more apprehensive with performance and satisfaction
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Pricing productsIntroduction Products and services have a price just as they have a value. Many non-profit and all profit-making organizations must also set prices. Pricing is controversial and goes by many names: Price is all around us. You pay rent for your apartment‚ tuition for your education. The airline‚ railway‚ taxi and bus companies charge you a/are; the local utilities call their price a rate; and the local bank charges you interest for the money you borrow ; the guest lecturer charges
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Policy q Foreign Trade Policy : § Drafted by Director General of Foreign Trade under the Ministry of Commerce. The governing Act is Foreign Trade Development Regulation Act‚ 1992 and Rules framed there under. § Implemented with the help of various other Departments mainly Customs‚ Excise and RBI. § In order to understand the co-relation‚ one must get familiar with the various laws and functions of various departments. § As far as implementation is concerned‚ the co-relation of Foreign Trade Policy
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How to Manage Risk in the Stock Market What is Risk Management? Risk management is the process of measuring‚ or assessing risk and then developing strategies to manage the risk while attempting to maximize returns. Typically involves utilizing a variety of trading techniques‚ models and financial analyses. The potential return from any investment is generally depending to the amount of risk the investor is willing to assume. Investors will not take on greater risks without the possibility
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Types of Foreign Direct Investment: An Overview FDIs can be broadly classified into two types: outward FDIs and inward FDIs. This classification is based on the types of restrictions imposed‚ and the various prerequisites required for these investments. An outward-bound FDI is backed by the government against all types of associated risks. This form of FDI is subject to tax incentives as well as disincentives of various forms. Risk coverage provided to the domestic industries and subsidies
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Exposure QUESTIONS 1. How would you define economic exposure to exchange risk? Answer: Economic exposure can be defined as the possibility that the firm’s cash flows and thus its market value may be affected by the unexpected exchange rate changes. 2. Explain the following statement: “Exposure is the regression coefficient.” Answer: Exposure to currency risk can be appropriately measured by the sensitivity of the firm’s future cash flows and the market value to random changes in exchange
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