Category Archives: Best Article

Web conferencing grows by 56 per cent in Asia Pacific

Web conferencing grows by 56 per cent in Asia Pacific

In a study conducted for the conferencing market of Asia Pacific by research company Wainhouse, web conferencing exhibited a stupendous 56 per cent year over year growth. The total revenue for the conferencing market increased at a rate of 15 per cent in the region in 2010 as compared to 2009 to end the year at $ 828.8 million, with web conferencing solutions being responsible for 14 per cent of this figure. Audio conferencing services accounted for 81 per cent of the total share in the market, while video conferencing took the remaining share of the pie at 5 per cent.

Along with web conferencing, audio and video conferencing also grew in 2010 in Asia Pacific. While the profits for video calls increased by 19 per cent over 2009, the market also saw a 10 per cent increase in revenue of audio calls. Even in audio conferencing, there was an 11 per cent increase in the unattended call profits generated by Conferencing Service Providers (CSPs), though attended call revenues contracted by 2 per cent as compared to 2009. This trend is expected to continue as Wainhouse believes that the profits for attended calls will continue to decrease at a consolidated rate of 3 per cent in the next 4 years, while unattended call revenues will grow at a compounded rate of 11 per cent till 2015.

The share of web conferencing in Asia Pacific is expected to rise by 21 per cent by 2015, while video conferencing should grow at a steady pace of 9 per cent in the region during the same time period. In the coming times, attended audio conferencing will increase at 6 per cent in terms of volumes, while unattended audio calls will see a 20 per cent compounded demand. The market will also see a decrease in price, with the rates for attended calls falling more sharply than unattended calls. Overall, the conferencing revenue in the Asia Pacific region is expected to increase by 12 per cent, as per Wainhouse.

As compared to 2009, the volumes for attended calls increased by 1 per cent in 2010, while demand for unattended calls surged by 15 per cent. In Asia Pacific, the former accounted for 6460 million minutes or 96 per cent of the total consumption, while the latter was responsible for 247.6 million minutes, thus bringing its share to just 4 per cent. This shows that the users in the region still rely on unattended conferencing to communicate with remotely located counterparts. This study was an effort by Wainhouse to gauge the market dynamics of the Asia Pacific region and estimate the prospects of the conferencing industry as a whole here.

Dines Mark is an experienced writer having more than five years of experience in writing articles on various topics such as Web conferencing, video conferencing, and conferencing etc.

My Thoughts On The Professional Darts Corporation

My Thoughts On The Professional Darts Corporation

The PDC (short for Professional Darts Corporation) was originally formed in 1992 after several leading darts players formed a new breakaway group to rival the BDO. They were unhappy with the way the game was being run with dwindling sponsorship deals and fewer and fewer tournaments being broadcast on TV. This organisation has of course grown dramatically since that time and it’s now well and truly overtaken the BDO in terms of entertainment and quality.

Indeed the BDO is now a sad and tired looking organisation with many of it’s top players having left to join the PDC in recent years. The likes of Raymond van Barneveld, Mervyn King, Gary Anderson, Simon Whitlock and Mark Webster are now earning a lot more money playing in the PDC tournaments.

It’s a shame because I have a lot of affection for the BDO and still enjoy watching the World Championships and the Masters, but the fact is that most of the players are attracted to the money that’s on offer by the PDC. This is understandable of course, but I would much prefer to have a single code where the players from the BDO and PDC play in the same competitions all the time, but I think that is very unlikely to happen.

One thing I don’t really like about the PDC is the type of crowd it attracts. I’ve attended both BDO and PDC tournaments and I have to say that I don’t really feel comfortable sitting amongst a crowd of drunken idiots, which is basically what you get when you attend most PDC events. Of course there is beer and merriment in the BDO events, but it is a much friendlier atmosphere and the people who are there are usually genuine darts fans who are there to watch the darts first and foremost.

Overall though despite it’s flaws, I am a huge fan of the Professional Darts Corporation. It is now hugely entertaining with many of the best players in the world all taking part. You have regular tournaments being shown on TV and with so many good players playing each other on a regular basis, the quality is improving all the time. Indeed 100+ averages are now a lot more common than they used to be.

It’s not perfect of course. The commentators can be slightly annoying at times and the walk on girls are a little tacky and unnecessary, but overall I think the Professional Darts Corporation should be applauded for making darts popular once more. If this group hadn’t been formed back in 1992, darts would probably still be stuck in the dark ages.

Dr. Nandu Thondavadi Is The Chief Executive Officer At Zolon Corporation

Dr. Nandu Thondavadi Is The Chief Executive Officer At Zolon Corporation

Dr. Nandu Thondavadi is a successful businessman and corporate officer and is presently serving as the Director and Chief Executive Officer at Zolon Corporation. He specializes in the fields of international management, product development, cost reduction, and systems implementation. He has also expertise in merger and acquisition activities. His years of experience and effective leadership skills have proven highly effective in establishing and growing technology businesses and programs and contributing towards the corporate growth. He has served various important positions ranging from software development to leading a global IT firm at many renowned companies.

Dr. Nandu Thondavadi, as a Vice President for Coleman Cable Systems, helped the firm to increase its productivity by many folds. He introduced new processes and technologies and implemented a specialized MRP system for production control. The MRP system was highly effective for scheduling, monitoring and controlling the production levels. His innovative ideas and technologies resulted in reduction in total production costs and increase in efficiency. Thondavadi also served as a Director of the Corporate Technology Center, Square D Company / Groupe Schneider and his leadership skills helped in increasing their profitability significantly. Improvement in product line profitability and elimination of unprofitable products are the outcomes of his intensive studies and analysis of advanced manufacturing tools and techniques.

He also held the position of a Clinical Professor of Operations Management at Northwestern Universitys Kellogg School of Management. He has earned six university degrees including his MBA from Kellogg School of Management. He was also awarded with the highest government scholarship called National Merit Scholarship for Study Abroad from the Indian Government to do Ph.D. in US. Dr. Nandu Thondavadi has served on boards for various globally-listed technology companies as well as charitable organizations and is also the author of much admired book, Offshore Outsourcing: A Path to New Efficiencies in IT and Business Processes. Dr. Thondavadi is also the founder of Global Technology Ventures and has been its President since 2008. For more details about Dr. Nandu Thondavadi, please visit www.zoloncorp.com.

Surviving the Coming Economic Collapse

Surviving the Coming Economic Collapse

The predictions of economic collapse are frightening. Many Americans are burying their heads in the sand. They say the collapse will never happen and that it is impossible. Even if it does not happen you need to be prepared.

Set Goals

Preparing for economic collapse can be time consuming and overwhelming. Start with a list of goals and break them up into manageable parts; daily, weekly and monthly. Get that in order and everything else will fall in line.

Have a survival strategy

Like setting goals, you need a written survival strategy. Take stock of your supplies, know where you will go when the collapse happens if you cannot stay in your home and gather a community around you who agree to work toward the same goals.

Start converting your money

When the economy collapses, banks will close and you will not have any access to funds for an undetermined amount of time. Start accumulating silver and gold and put it in a safe inside your home. These metals will not go down in value while the dollar collapses and when a new currency is created or the dollar comes back, you will have all of your money on hand.

Get your supplies in order and secure them

The supplies you need do not only include food, water and shelter. You will need a radio, batteries and alternative sources of energy. Whatever you collect needs to go into a central location that is under lock and key at all times. Do not let anyone invade that secure space. Have a number of books on hand

No one knows how to do everything. Start getting books now that will help you survive in the future. First Aid books should be the first thing on your list. After that, get books on alternative energy sources, gardening, identifying medicinal and edible plants, cooking from scratch and more. You need to learn how to live off of basic things that are not pre-packaged.

Grab and go supplies

If you get through the economic collapse and are well stocked, you still have to be ready for unpredictable situations. Get packs ready for everyone in your family in case you have to vacate your home quickly. Include anything you can from the above suggestions in smaller quantities to be prepared. Another thing that will help you is a personalized first aid kit with basics as well as any personal medications you may need.

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Should I Pay Myself Salary Or Dividends From My Corporation

Should I Pay Myself Salary Or Dividends From My Corporation

Should I pay myself salary or dividends from my corporation as a business owner?
By Accountant Mississauga

Should I pay myself salary or dividends from my corporation?

This is a very common question that I encounter in my accounting practice in Mississauga, and the answer can make a big difference in your bottom line.

Advantages of Salary – Should I pay myself salary or dividends from my corporation – Accountant Mississauga

Should I pay myself salary or dividends from my corporation? To answer this question, you should look at the advantages and disadvantages of each.

The advantages of paying yourself a salary from your corporation are:

Salary is treated as earned income for RRSP purposes. This means that salary increases your RRSP room.
Salary is provable income for financing purposes. If you are planning on applying for a line of credit or a mortgage, then paying yourself a salary will help you qualify.
Salary is subject to Canada Pension Plan (CPP) premiums. By paying into the Canada Pension Plan your entitlement to CPP will increase.

Disadvantages of Salary

The disadvantages of paying yourself salary from your corporation are:

Paying salary is administratively cumbersome. You may have to hire an accountant in Mississauga to manage payroll remittances to the Canada Revenue Agency, preparation of T4 slips, calculation of source deductions, etc.
Salary is subject to CPP premiums at a rate of 9.9 cents for every $1 of salary. This can be expensive.

Advantages of Dividends – Should I pay myself salary or dividends from my corporation – Accountant Mississauga

The advantages of paying yourself a dividend from your corporation are:

Dividends are taxed at a lower rate than salary. In fact, the first $40,000 of dividends can be received completely tax-free.
Dividends are not subject to CPP premiums, which can add up to big savings.
Dividends are administratively simple. You do not have the burden that you do with payroll. To pay yourself a dividend, you simply write a cheque to yourself from your corporation.

In order to pay dividends, your articles of incorporation must allow for dividends to be paid. I recommend having your articles of incorporation reviewed by a business lawyer or Accountant in Mississauga.

Additionally, at the end of each year, a business lawyer should update your corporations minute books and prepare a directors resolution for the dividends paid.

Conclusion

Now that you know the advantages and disadvantages of dividends and salary, you should consult with an accountant in Mississauga to determine which one best fits your circumstances.

ASEAN Human Rights Body Inaugurated, But Activists Barred from Dialogue

ASEAN Human Rights Body Inaugurated, But Activists Barred from Dialogue

Southeast Asian leaders have inaugurated the region’s first body to promote human rights at summit meetings in Thailand. But the inauguration was overshadowed by activists being barred from a dialogue with Southeast Asian leaders and tension between the Thai and Cambodian prime ministers.The Association of Southeast Asian Nations on Friday marked the establishment of its inter-governmental commission on human rights, known as AICHR.Speaking at the ceremony marking the occasion, Thai Prime Minister Abhisit Vejjajiva said it was a significant advancement for ASEAN and placed human rights at the center of its agenda. “The responsibility now rests on all of us to work together to move AICHR forward, to make it credible and effective in the promotion and protection of human rights,” he said.Human rights activists talk to reporters after meeting with ASEAN leaders in Cha-Am, southern Thailand, 23 Oct 2009

But as the annual ASEAN summit in Hua Hin was celebrating the new rights body, rights activists were lamenting.Half of the representatives they chose for an ASEAN-civil society dialogue Friday were not allowed to meet Southeast Asian leaders, while those who were allowed into the meeting were not permitted to speak. The rights activists representing Indonesia, Malaysia and Thailand walked out in protest. The governments of Burma, Cambodia, Laos, Singapore, and the Philippines rejected the activists meant to represent their countries.The governments of Singapore and Burma went one step further by choosing their own representatives for the talks. Debbie Stothard is with the regional rights group Alternative ASEAN Network on Burma.”And by trying to pick people that they feel comfortable who will be ‘yes’ people and echo what they want does not solve the problem, it merely prolongs it. This region cannot afford to let these problems continue,” she said.It was not the first time ASEAN leaders rejected scheduled dialogue with activists. At ASEAN meetings in February, Cambodia and Burma refused to meet with representatives chosen by rights groups.ASEAN Sec. General Surin Pitsuwan, Phuket, Thailand (File)le)

ASEAN Secretary General Surin Pitsuwan told VOA that some flexibility was needed for ASEAN members that were not at the same level of what he called “democratic evolution.”In other controversy at the ASEAN summit, Cambodian Prime Minister Hun Sen repeated an offer to welcome Thailand’s former Prime Minister Thaksin Shinawatra to stay in Cambodia.Thaksin was ousted in a 2006 military coup that led the current government to power. He fled Thailand to avoid corruption charges and has since been encouraging anti-government protests that forced the cancellation of an April ASEAN summit.Thai Prime Minister Abhisit Vejjajiva told journalists that Mr. Hun Sen was misinformed about Thaksin and should not allow himself to be a pawn or make decisions that could affect Thai-Cambodia relations.

Calata Corporation Is Ready If Needed For Investigation

Calata Corporation Is Ready If Needed For Investigation

Whether a famous icon is a tycoon, musician or actor; rumors and scandals will always follow him around. However, the real reputation killer there are those who believe and spread the rumors, whether or not they are true. How to deal with these kind of rumors, you ask? Just keep calm and be positive.

Currently, the 31-year-old CEO of Calata Corporation, Joseph Calata, is dealing with rumors regarding his corporation. According to Calata Corp News, there had been reports that there was stock manipulation in the shares of the corporation. Recently, the corporation reached a high peak of P24 per share. Regulators came to the accusation of a price manipulation because of the rollercoaster ride of the stocks of the corporation.

Calata’s stock shares started at P7.50 and reached P24 per share as stated on Calata Corp news. At some point, the company shares fell almost 26 percent to 5.65 each and declined to 32 percent earlier in the session. This was why the accusation of stock manipulation was brought up. The stocks might have been sold to dummy accounts according to the said accusation.

Despite being a modest-sized company, Calata Corporation IPO has been labeled as the best performing IPO in the stock exchange. Calata Corporation also became the biggest seller of agricultural feeds, chemicals, fertilizers and seeds. The corporation also reached a market cap of 4B pesos, making Joseph Calata worth 2.6Billion. That being said, it’s not surprising that there would be rumors surfacing about the corporation.

The accusations were answered by the corporation immediately. According to Calata Corp news, Calata answered the issue by claiming that it is not his company which is under investigation but the shares and shareholders involved. He also added that what happens to the trades are already beyond control as it is in the hands of traders. The corporation also pointed out that it was Joseph Calata himself who called the Philippine Stock Exchange to investigate the movements of their shares.

Calata remained calm with the incident. He is one hundred percent sure that his hands are clean on this issue. Some plans that Calata had for the company was affected with the rumored manipulation though. Which is why Calata is very much willing to cooperate with the investigation if needed.

Honeymoon Tour in Asia Pacific

Honeymoon Tour in Asia Pacific

The Asia Pacific region is one of the fastest developing regions today and a major tourist hub for tourists from all over the world. It is also a great destination for Indian couples to go on their honeymoons. Paras Holidays a leading tour operator in India has organized 14 days /13 nights amazing Australia Singapore Honeymoon Package for Indian honeymooners at an affordable price. This Australia Singapore Honeymoon Package Star Cruise Virgo is perfect for honeymoon couples.

Australia

The trip starts in Australia and in Brisbane which is famous for the Gold Coast area. In Brisbane the tourists have a variety of activities planned like going to Dream World, a choice between Sea World and Movie World and also a free admission to Sky Point Observation deck. The next stop is Cairns and a full day Big Cat Cruise Tour with lunch and an option between semi submarine glass bottom boat or Snorkeling Gears.

On day 6th the tourists head to the largest city in Australia, Sydney. In Sydney the tourists first get a half day Sydney City sight tour of all the major tourist attractions in the area. This is then followed by a great visit planned to the Sydney Aquarium. The tourists get a MonoRail Pass for the day and also visit the Sydney Tower Eye with 4D for a gorgeous view of the city from the top. In the evening the tourists get a chance to visit the Darling Harbour and then take a beautiful and relaxing Show Boat Standard Indian Dinner Cruise. Next day the couple can travel to the amazing Blue Mountain region where they have 3 options as to how they want to spend their day on the Blue Mountain Tour.

Singapore

From Sydney the tourists move ahead to Singapore which is one of the top Asian cities on the planet. The tourists get an amazing city tour of all the major tourist attractions of the city. Then the honeymoon couple is taken on a Star Cruise Virgo Tour Package in South East Asia where the couple spends 2 nights on board the ship travelling to beautiful destinations in South East Asia.

After returning back to Singapore, the couples can enjoy the Night Safari tour which is very popular among tourists visiting Singapore. Day 13 is the Sentosa Island Tour where the tourists can enjoy the many wonders of the beautiful Island of Sentosa in Singapore. The couples can enjoy the one way cable ride, Underwater World, Dolphin Lagoon, Song of the Sea, Butterfly Park and Insect Kingdom.

This Australia with Singapore & Star Cruise Virgo Holiday package is the perfect Asia Pacific Holiday Package for Honeymoon couples planned by Paras Holidays.

Major Uk Payday Loan Lender Taken Over By An American Corporation

Major Uk Payday Loan Lender Taken Over By An American Corporation

Bury St Edmunds based Fortress, founded in 2004, continues to grow fast to turn into considered one of the UKs major cash advance lending businesses. Fortress is an fully online loan provider, and was set up with very best of breed IT techniques and compliance processes to let it to be scalable. It is growing rapidly since creation and a current review found it to be one of the leading five players in the industry. Fortress, which sells under the brand name 1 Month Loan offers quick unsecured loans to private individuals generally known as payday loans as they are designed to be paid back on payday. Such lending products have higher interest rates but their expense compares more positively to unauthorized overdraft facilities and they are a great deal easier to obtain than bank funding. For the consumers they are easy and confidential.

The business, which works totally online and sells under the name “1 Month Loan”, was launched in Cambridge in 2004 but moved in 2009 to Bury, where it presently employs about 50 men and women. The value of Think Finance’s purchase is not being disclosed, but Fortress chief executive Kieran Moulden claimed that, as a consequence of the new finance, the corporation planned to increase its internet business 10-fold, and increase its labourforce to between 150 and 200 over the next two years. These work opportunities would all be primarily based in Bury, he added, with the village having been determined in 2009 as an great place for growth and there being no plans to move or start offices in a different place as a consequence of the company’s purchase.

Payday credit is a mature industry in the Usa without a doubt there are a lot more payday lending shops than there are branches of McDonalds. The UNITED KINGDOM market is less developed but rising swiftly and is attractive to US acquirers as shown by the new arrangement by NASDAQ listed Dollar Financial Corp to purchase Purpose UK Holding the biggest UK payday lender for ?124M

Think Finance is certainly one of the USs best growing non-public businesses with three year profit growth of over 70% . Think Finance delivers revolutionary financial solutions which supply under-banked consumers with superior solutions for their financial demands mixing comfort, affordability, and transparency. Set up in 2001, Think Finance has served over 1 million buyers. The firm is privately held and backed by some of Silicon Valleys most respectable venture capital corporations, which includes Sequoia Capital and Technology Crossover Ventures. Think Finance will offer capital to support Fortresss enlargement. All of the Fortress Directors will remain with the company to direct its development.