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Archive for the ‘Business News’ Category

Gold futures prices surged to the highest level of U.S. $ 1,342.60 per ounce, amid a weakening dollar, triggering an increase in demand for the precious metal as an alternative investment.

The dollar plummeted to its lowest level since January against six other major currencies. Federal Reserve Chairman Ben S. Bernanke declared yesterday that the U.S. central bank will buy more debt to shore up the economy. Meanwhile, Bank of Japan pledged to maintain its benchmark interest rate at the level of almost 0%.

“When the government was busy pouring money, gold is actually able to survive. The U.S. can not shy away from quantitative easing. The dollar was low, while the gold just the opposite,” said Matthew Zeman, metals trader at LaSalle Futures Group in Chicago.

Gold futures for December delivery rose U.S. $ 23.50, 1.8%, to U.S. $ 1,340.30 at 1:41 pm on the Comex in New York. Gold for delivery in the near future to strengthen to the level of U.S. $ 1,341.28.

Silver futures for December delivery rose 70.1 cents, or 3.2% to U.S. $ 22.737 an ounce on the Comex. On this day, the price was in the position of U.S. $ 22.79 which is the highest level since September 1980.

Platinum contract for January delivery rose U.S. $ 28.60 or 1.7%, to U.S. $ 1,700.70 an ounce on the New York Mercantile Exchange. Palladium futures for December delivery jumped U.S. $ 16.90, 3%, to U.S. $ 578.20 per ounce.

Map of Business Airline in Indonesia

Means, the growth of the domestic aviation market in Indonesia since 2000 is 18%, 27%, 38%, and reached a peak 44% in 2003, then decreased to 7% next year. The numbers of domestic aviation market growth was revealed in the research Marketing Research Indonesia (MRI) entitled Aviation Consumer and Market Services of the Interior. Taking into account the development in all parts of Indonesia and the price competition that continue to occur, MRI estimates in the next five years the average growth in domestic passenger flow can still reach 15%.

Passenger flow on the calculated spread of 204 airports and operates throughout Indonesia. Of all the airport’s, Soekarno-Hatta is the largest and has a share of 31%. Growth in airport passenger flow is also remarkable, last reached 52% in 2003, but then stagnated (naik1%). The next busiest airport is Juanda (Surabaya) and Ngurah Rai (Denpasar).

When in 1999 Indonesia has five new airlines, there are currently 25 airlines with regular schedules. Even the government has given licenses to 37 airlines. The airline is incorporated in INACA (Association of National Civil Aviation Company) numbered 17, and the number of domestic passengers they serve as many as 26 million are served by 14 companies. Garuda is still the market leader in the domestic aviation industry with a share of 24%. However, new players Lion contenders exceptional (23%), followed by Merpati (11%), and Mandala (11%). Various other airlines have about a third of the market.

According to the survey results of MRI, among the 529 passengers from Jakarta, Bandung, Semarang, Surabaya, Medan and Makassar in March-June 2005 showed Garuda is still the most memorable brand (top of mind) by 38%, followed by Lion Air (22%) , Mandala (9%), Pigeon (7%) and Batavia Air (7%). From the survey was acquired share of the brand (brand shares) Garuda followed by 28% and Lion Air (23%). Comparing Garuda and Lion was very interesting. Garuda selected consumers more for reasons of service, comfort, safety, brands and availability of routes. Instead, Lion Air was chosen by more consumers because of price, timeliness and access to obtain tickets.

There are very few small businesses in the UK that could operate without commercial electricity service. There are so many things to do when starting a small business or operating a flourishing business that selecting a cheap, reliable commercial electricity provider is often overlooked but ot taking the time to locate a provider with the best rates is foolish.

Commercial electricity bills are are significant expense for most small businesses, especially those that use electricity for heat and hot water. Over-paying for electricity in this economic climate could be disastrous for a small business operating on a tight budget. Even a business that is doing extremely well would be foolish to pay more than they needed to for electricity.

Switching commercial electricity providers is one of the easiest ways for a small business in the UK to reduce costs. As long as a business is not already in a contract, they can compare rates between providers online, looking for a better deal. Some commercial electricity providers offer to beat the   current or renewal rate for electricity so savings can practically be guaranteed.

While there are many ways to reduce costs for a small business, finding cheaper commercial electricity does not take that long and obtaining quotes and switching providers is free. Why would any business owner not take advantage of this free method of reducing costs without reducing service?