December 2011 Archive

New Property Tax Introduced in Singapore

December 24th, 2011

December 14th, 2011—Singapore—A new property tax was introduced in Singapore last week to ensure real estate prices do not spiral out of control. Singapore’s property prices have been rising every quarter and there is a real fear that properties in the country would go well beyond the reach of most Singapore residents. According to the new tax introduced, companies purchasing real estate as well as foreigners in the country would have to pay an additional stamp duty of 10 per cent. Those that have Singapore permanent resident status and Singapore citizens purchasing three or more properties would have to pay an additional stamp duty of 3 per cent.

 

According to GuideMeSingapore.com (www.guidemesingapore.com), effects of the new property taxes introduced in Singapore would be seen within a quarter or so and is likely to affect foreigners trying to invest in the real estate market in the country. Currently Singapore is one of the hottest destinations for foreign investments and many foreign business owners not only prefer setting up a company but also purchase prime properties in Singapore. Since property prices have been rising steadily, investing in real estate has always been considered as a safe option. With an additional stamp duty of 10 per cent which most consider as quite steep, many foreign investors would be deterred from buying property in Singapore in the coming year. With possible demand slowing down, property prices should come down in the future although it is unlikely that there will be a considerable fall in prices. Some feel the new measures will only help in keeping the prices steady and not go up further.

 

As per GuideMeSingapore.com, real estate in Singapore will remain a good option for long-term investors. However, those looking to turnaround properties and make a quick profit would definitely have to rethink their strategy. There will also be less speculative buying and the market will see long-term investors and actual home users buying more.

 

About GuideMeSingapore.com

GuideMeSingapore.com – a unit of Janus Corporate Solutions Pte. Ltd. – is one of the leading informational portals on Singapore. The site is targeted at individuals as well as companies who want greater insight on starting a business and relocating to Singapore. For more information, please visit http://www.guidemesingapore.com/

 

Non-Public Contact:

Andrew Chen

BayBridge PR Solutions

San Francisco, California

Tel: +1-415-992-7060

Email: [email protected]

http://www.guidemesingapore.com/

 

Get the Car of Your Dreams at a Cost You Can Afford

December 11th, 2011

November 2011- For many people, owning a car such as a Land Rover Freelander 2 is something of a dream. These cars aren’t always cheap but because of their reputation and power, they are the type of car that many people would love to get their hands on. However their bank balance simply does not allow for such an extravagant purchase.

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One Hour Chicago Heating & Air Conditioning Shamburg

December 11th, 2011

We live in an age where there is a considerable drive to reduce energy output and improve environmental awareness, and certain proactive brands are playing a pivotal role in this. Through the diligence and enhanced social responsibility of contractors, the Federal Government are offering numerous attractive incentives to consumers who install high efficiency HVAC appliances. One Hour Heating & Air Conditioning of Shamburg is one of the HVAC contractors at the forefront of this initiative, and striving to help consumers save money on their installation costs as well as through monthly bills.

One Hour Heating & Air Conditioning is a national US brand, and their Shamburg outlet is one of many which from the heart of their communities. With a $500 HVAC rebate currently on offer for any customer who has a high efficiency heating or cooling appliance installed in their home or place of business, the brand have placed themselves as market leaders when it comes to saving hard earned consumer money. Of course, this is in addition to ensuring the long term well being of our natural environment as well.

With more than 65 years experiencing in surpassing their clients expectations by providing an efficient and innovative service, One Hour Heating & Air Conditioning of Shamburg have an intuitive understanding of their market and the customers that they serve. This is reflected in their attitude towards money saving deals and environmental awareness, as the current economic and social climates dictate that these concerns are at the forefront of the consumers mind. With other specials including discounts for senior citizens and veterans, One Hour Heating & Air Conditioning is meeting these concerns head on and without fear.

So if you require further advice on HVAC installation, Heating & Cooling Repair services or furnace repair, then visit http://www.aconehourair.com today. If you are looking for a HVAC contractor, it may be one of the best decisions that you ever make.

Name: – One Hour Heating & Air Conditioning of Shaumburg
Address: – 1821 Waldon Office Square STE 400 Shaumburg 60173 IL
Telephone: – 847-268-3399
Website: – www.aconehourair.com

India Continues to Create More Job opportunities

December 11th, 2011

December 10th, 2011—Mumbai, India—Even though economic growth has slowed down to 6.9 per cent, India is seen as one of the few countries where jobs are still being created unlike many other countries across the world. Job creation has come into focus particularly because of the ongoing economic recession in the west and rising unemployment rates. India’s economy has been growing at a steady pace and various sectors in the country are witnessing a boom and creating new job opportunities with each passing day.

As per IndiaCompanySetup.com (www.indiacompanysetup.com), India has a lot going for itself because of which new jobs are being created. Firstly, entrepreneurism is on the rise in the country and slowly it is getting simpler to start a new company. New entrepreneurs have been able to start various innovative companies employing anywhere between 5 to 100 employees in new startups. Established companies have also shown good growth and have increased the number of people they employ each year. Although some sectors would be affected by the ongoing economic recession in countries such as United States and Europe, overall, there is much more optimism in India and Indian employees has several job offers to choose from. Rising competition between companies have also resulted in creating a better environment for professionals as companies are willing to offer excellent packages to attract the right kind of talent. Indian employees now expect a raise every year along with a hefty bonus.

According to IndiaCompanySetup.com, there is also an increased activity by foreign companies in India. The number of foreign owned companies entering the Indian market has grown and these companies have also created a better job environment in the country. Several of these companies have indicated they would hire more in India and slowdown their hiring activities in the west. The number of jobs for expats in India is also on the rise and expats can expect a better annual package than before while working in the country.

About IndiaCompanySetup.com

IndiaCompanySetup.com is an India focused business information portal. It provides detailed and accurate information on how to setup a company in India as well as information on company laws, business environment and other important information on doing business in India. For more information, please visit http://www.indiacompanysetup.com/

Non-Public Contact:

Sonia Shashtri

IndiaCompanySetup.com

Email: [email protected]

Tel: +1-415-800-4828

Website: http://www.indiacompanysetup.com/

 

Hong Kong Shares to Remain Volatile on China Figures

December 11th, 2011

December 10th, 2011—Hong Kong—The Hong Kong stock market has seen volatile trade for almost four weeks now and many feel that it will continue to do so for another few weeks due to the manufacturing growth slowdown in China. Although most of the choppy trade is being attributed to the ongoing economic crisis in Europe especially on debt handling of various members of the European Union, however, of late, the market has seen ups and downs mainly because of economic news coming out of China.

According to GuideMeHongKong.com (www.guidemehongkong.com), overall Hong Kong’s economy is quite healthy and vibrant and economic recession in the west is not likely to affect Hong Kong in a serious manner. However, the city is now much more influenced by what is happening in Mainland China and stock markets will react sharply to any news coming out of China. It was announced some time back that manufacturing growth in China has slowed down and is at a 32 month low. There is concern over how the ongoing economic turmoil in many of China’s important trading partners would affect the export market as well as the manufacturing sector of the country. Hong Kong is an administrative region of the People’s Republic of China and many consider the city as the main gateway to China. Therefore, any negative news coming out of the Chinese economy would definitely affect the Hong Kong stock market.

As per GuideMeHongKong.com, the market will remain choppy but there is not much concern as yet. Hong Kong by itself has a strong economy and gets billions of dollars in foreign direct investment each year. The city also has the freest economy in the world and many multinational companies are seriously considering having a stronger presence in Hong Kong with talk of the global headquarters being shifted to Hong Kong.

About GuideMeHongKong.com

GuideMeHongKong.com is a Hong Kong-focused business information portal targeted towards entrepreneurs who are exploring a move or business in Hong Kong. The site provides detailed information on Hong Kong company registration, taxation, immigration and ongoing compliance matters for startups and small to medium sized companies. Thousands of visitors use our portal every day to obtain comprehensive, accurate and up-to-date information about Hong Kong. For more information please visit http://www.guidemehongkong.com/

Non-Public Contact:

Andrew Chen

BayBridge PR Solutions

San Francisco, California

Tel: +1-415-992-7060

[email protected]

http://www.guidemehongkong.com/

 

Singapore Shelf Companies Safe Due to Strong Laws

December 11th, 2011

December 9th, 2011—Singapore—Buying a shelf company to enter the Singapore market has remained one of the options for foreign entrepreneurs and a lot more of them have started to consider taking over shelf companies thanks to the strong laws of the country. Buying shelf companies is increasingly been seen as a safe option to enter the local market in the country as current owners of these companies have to fully comply with the existing laws and there are serious consequences for anyone trying to break the law.

As per SingaporeStartup.com (www.singaporestartup.com), buying shelf companies in Singapore will always be a quick and safe option as the Government has clear guidelines on the sale of such companies. Shelf company owners have to meet all compliance requirements as long as they still own the company. Therefore, new buyers are often assured that the company they are purchasing has fully complied with the local laws before transfer of shares. Another advantage of buying shelf companies in Singapore is that the transfer of ownership from the current owner to the foreign buyer is fairly simple and there are no restrictions on the foreign buyer. Foreign business owners can apply with the company registrar notifying them of the change in ownership and transfer of company shares. They can change other particulars of the business as well by notifying the company registrar in the prescribed manner.

According to SingaporeStartup.com, a number of business owners seeking to start offshore companies in Singapore will take the route of purchasing a shelf company. These companies often have a paid up capital of only SGD $1 and are ideal for business owners that want to take advantage of Singapore’s business friendly laws but manage the company from overseas. Foreigners can purchase a shelf company in Singapore without visiting the country and completing all formalities from overseas itself.

About SingaporeStartup.com

SingaporeStartup.com is a leading portal which focuses on offshore companies in Singapore. The site provides in-depth guides on how to setup an offshore company in Singapore and also provides information on laws as well as policies which affect offshore companies in the country. For more information, please visit http://www.singaporestartup.com/

Non-Public Contact:

Andrew Chen

BayBridge PR Solutions

San Francisco, California

Tel: +1-415-992-7060

[email protected]

http://www.singaporestartup.com/

Singapore Companies Face Less Labor Problems

December 11th, 2011

December 8th, 2011—Singapore—It has emerged that Singapore has a favorable image of companies having less labor problems as compared to many other nations across Asia. There is a perception that businesses in other fast developing economies in the continent such as China, India, Indonesia etc. all face some kind of labor unrest from time to time. Although the overall business environment in most of the Asian countries has been improving significantly, they still have a long way to go to change perception and making investors feel more comfortable.

As per SingaporeSetup.com (www.singaporesetup.com), one of the reasons why foreign investors feel comfortable with Singapore is because the laws are extremely straightforward and easy to understand. Not just that but each law is followed strictly without exceptions and is same for local owned companies as well as foreign owned companies. This creates a level playing field in Singapore for all investors and both the management as well as labor in the country is aware of the consequences of their actions. Another reason why Singapore is seen as a country with less labor problems is because of its strong judicial system. Singapore follows an independent judiciary that is efficient as well as fair to all. Since laws and policies are clear and strictly followed, often the judiciary is able to provide judgment quickly and there are no ambiguities in the rulings.

As per SingaporeSetup.com, another advantage Singapore has is its status as a country with a highly skilled work force. Most people working in the country are well educated and immigrants also possess good skills and a minimum level of educational qualifications. This allows for a good working environment to be created and companies can follow their own code of conduct for all employees. The business environment in the country is extremely important for economic growth in Singapore and hence the country takes all its business policies including labor rules very seriously.

About SingaporeSetup.com

SingaporeSetup.com is a Singapore focused business information portal. We help educate local and international entrepreneurs and companies who are interested in setting up a company and growing business in Singapore. For more information, please visit http://www.singaporesetup.com/

 

Non-Public Contact:

Andrew Chen

BayBridge PR Solutions

San Francisco, California

Tel: +1-415-992-7060

Email: [email protected]

http://www.singaporesetup.com/

 

Singapore Remains Least Corrupt Country in Asia

December 11th, 2011

December 7th, 2011—Singapore—Singapore has remained the least corrupt country in Asia as per the latest release of the Corruption Perception Index. Released by Transparency International, Singapore scored 9.2 points out of a maximum of 10 points. Singapore’s score made it the least corrupt nation in Asia and fifth overall in the world. Countries placed above Singapore in the world rankings were New Zealand, Denmark, Finland and Sweden. Last year Singapore had scored 9.3 points and was on the number one ranking for least corrupt nations along with New Zealand and Denmark.

According to GuideMeSingapore.com (www.guidemesingapore.com), one of the reasons why Singapore is known to be the easiest place to do business is because of lack of corruption and red tape. Foreign investors face no government related problems while investing in the country and each and every law is transparent. Policy with respect to foreign business owners and local entrepreneurs are quite straightforward and there is no room for corruption. As a matter of fact, even though there are several nations in Asia that have booming economies at the moment, a lot of them suffer from corruption and high levels of bureaucracy. On the other hand, since Singapore consistently features amongst the least corrupt countries in the world, many foreign investors are more comfortable with doing business in Singapore than other nations in the continent.

By securing the least corrupt nation in Asia ranking, Singapore has strengthened its position as a global business hub considering the country is already ranked as the easiest place to do business by the World Bank in its annual Doing Business reports. Many analysts believe the business environment created in the country over the past many years have gone a long way in transforming Singapore to an economic powerhouse with companies from all corners of the globe entering the Singapore market and investing heavily in various sectors.

About GuideMeSingapore.com

GuideMeSingapore.com – a unit of Janus Corporate Solutions Pte. Ltd. – is one of the leading informational portals on Singapore. The site is targeted at individuals as well as companies who want greater insight on starting a business and relocating to Singapore. For more information, please visit http://www.guidemesingapore.com/

Non-Public Contact:

Andrew Chen

BayBridge PR Solutions

San Francisco, California

Tel: +1-415-992-7060

Email: [email protected]

http://www.guidemesingapore.com/

 

Dutton Plumbing Burbank – Presenting the Professional Face of Plumbers

December 11th, 2011

Whether it is fair or otherwise, many have a fairly distorted view of the typical plumbing contractor. This is based on past experience and also an age old stereotype that they are both unreliable and offer a disjointed pricing structure, which lacks both fairness and consistency. In the age of online forums and crowd sourcing, however, businesses are forced to be more transparent in their operations to provide a more sought after service, and Dutton Plumbing in Burbank stand as a perfect example of the modern facing of plumbing contractors.

As part of the Southern Californian based Dutton Plumbing operation, the Burbank outlet has been providing a reliable and cost effective service to residents who were fast losing patience with local plumbers and their broken promises. By identifying the mistakes made by local plumbers and rival firms, they have strived to create a range of benefits which give the local customers or Burbank, Los Angeles and Ventura a positive and inexpensive consumer experience.

These include the implementation of a transparent and easy to understand pricing structure, where as a client, you are charged depending on the individual job rather than the time that it took to complete. This is regardless of whether you require a basic water heater repair or alternative tasks such as drain cleaning, and affords the client peace of mind from the moment that a Dutton representative enters their home. In addition to this, you can rest assured that every technician employed by the contractor is subject to continual training, so that they have an innate knowledge of the very latest technological advances and industry trends.

To take advantage of the Dutton Advantage and speak with a knowledgeable plumbing technician today, visit http://www.duttonplumbing.com. In an age where value for money is king, Dutton Plumbing can ensure that you get the very most from your hard earned dollars when it comes to household repairs.

Name: – Dutton Plumbing, Burbank
Address: – 1812 W.Burbank Blvd Suite 322 Burbank 91506CA
Telephone: – 818-528-6758
Website: – http://www.duttonplumbing.com

plumbers

Multi-brand Retail FDI in India Faces Opposition

December 4th, 2011

December 3rd, 2011—Mumbai, India—With the Government of India deciding to allow foreign direct investment in multi-brand retail in the country, opposition parties including some of the allies in the Government seem to be divided on the issue of FDI in retail and its impact on the Indian economy. While there is a school of thought that foreign investment in the growing retail sector of India would create millions of new jobs and introduce better and efficient processes in the country, many in the opposition feel that it would result in mom and pop stores in India shutting shop and wide scale unemployment for those currently involved in the unorganized retail sector of the country. Already, more than 20 states in India have opposed the move by the Central government to open up the retail space to foreign investment.

According to IndiaCompanySetup.com (www.indiacompanysetup.com), it would be interesting to see what the government does next considering the pressure it is under from the opposition and even certain industry associations. Government of India is already under a lot of pressure to control the inflation figures especially for essential goods and services and also due to the news regarding the economy slowing down in the near future. Industrial output and manufacturing growth is expected to be weaker in the next quarters and government needs to do whatever it can to revive the economy. According to government spokespersons, not introducing FDI in retail in India would result in further losses in the stock market and would also enable commodity prices to rise. Many want large multination corporations to enter the multi-brand retail space in the country to ease inflation and bring more competition in the market.

As per IndiaCompanySetup.com, India’s retail sector is poised to be one of the largest in the world and many huge corporations from around the world are waiting for India to open up its retail market to 100% foreign investment. The coming days would be crucial for India as the government will finalize its FDI policy in the retail sector after consulting opposition parties and its own allies.

About IndiaCompanySetup.com

IndiaCompanySetup.com is an India focused business information portal. It provides detailed and accurate information on how to setup a company in India as well as information on company laws, business environment and other important information on doing business in India. For more information, please visit http://www.indiacompanysetup.com/

Non-Public Contact:

Sonia Shashtri

IndiaCompanySetup.com

Email: [email protected]

Tel: +1-415-800-4828

Website: http://www.indiacompanysetup.com/