Business Doctor: Accounts can be done in dollars

H S writes: I have a small import / export business. Most of its trade is
conducted in US dollars and so the cash balances, trade debtors and some
trade creditors are maintained in dollars. The company’s year end is
December 31 and my accountant has told me there will be a big exchange-rate
gain because of the recent surge in the value of the dollar. Could I avoid
paying tax on this if the company prepared annual accounts in dollars?
If you Read the rest of this entry »

November 5, 2008 | , , , ,
| No Comments »

Must Read: Guide To Investing in Gold and Silver

Drop everything you are reading right now and buy this book. That is if you aren’t already a seasoned precious metals investor. In plain language Mike Maloney’s “
” explains why now is the time to invest in gold and especially silver. Put simply, it is the perfect introduction to anyone interested in precious metals investing.
Maloney dispenses with the big words and typical econo-speak in this book. He gives historical Read the rest of this entry »

November 5, 2008 | , , , , ,
| No Comments »

Bad news for workers is good news for LinkedIn

As the freshly minted CEO of LinkedIn (and its founder), he is shepherding a moneymaking tech company in battered Silicon Valley. And he anticipates more growth next year.
That is no small achievement. The social-networking site, which lets business professionals create online profiles to seek jobs and network, is adding members faster than ever despite its own recent layoffs and a management shake-up.
"LinkedIn is the office, Facebook is the Read the rest of this entry »

November 5, 2008 | , , ,
| No Comments »

Not such a Merry Christmas at eBay (EBAY)

While this is a week when many of us are celebrating and enjoying some much needed time with friends and family, things are not looking so cheerful over at
).
This is the first holiday season for the company under its new CEO, John Donahoe, and things are definitely not looking too jolly. According to research firm comScore Inc., the site has been losing a lot of valuable traffic to its competitors, such as
) that have more fixed-price products Read the rest of this entry »

November 5, 2008 | , , ,
| No Comments »

Deloitte South Africa Becomes 10000th Customer to Make Better …

Deloitte South Africa Becomes 10,000th Customer to Make Better Decisions Faster with QlikView
Radnor, PA (
) November 21, 2008 -- Deloitte South Africa joins the community of 9,999 other organizations around the world in giving people the analysis they need to make better business decisions with its purchase of
, QlikTech's award-winning business analysis software.
QlikView provides visual and intuitive analysis of any aspect of organizational Read the rest of this entry »

November 5, 2008 | , , , , , , ,
| No Comments »

Toyota Falls on Dividend, Profit Forecast Concerns

Toyota Falls on Dividend, Profit Forecast Concerns (Update2)
Dec. 22 (Bloomberg) --
, Japan's biggest
carmaker, fell in Tokyo trading on concerns it may announce a
dividend cut or lower profit forecast at a year-end press
conference later today.
The automaker declined 0.2 percent to 2,895 yen. The press
briefing, led by President
, starts at 3:30 p.m.
in Nagoya. The company may forecast a 150 billion yen ($1.7
billion) operating loss for Read the rest of this entry »

November 5, 2008 | , , , , ,
| No Comments »

Asia Money Market Rates Rise as World Recession Concerns Grow

Nov. 14 (Bloomberg) -- Money-market rates rose in Asia as
cooling Chinese investment, U.S. unemployment at a 25-year high
and a recession in Germany intensified concern the financial
crisis will sap global economic growth.
The Hong Kong three-month interbank offered rate, or
,
rose 5 basis points to 2.19 percent, climbing for the second day
and paring its decline for the week. Singapore's three-month
rate for U.S. dollar loans,
, increased Read the rest of this entry »

November 5, 2008 | , , , , , , , ,
| No Comments »

© 2009 - Business Development Center