Credit Cards dominate small businesses

An increasing number of small businesses are piling up their credit card debts to finance their operations, providing them immediate cash flow, according to a Massey University research published last week. The University’s Centre for Small and Medium Research conducted the annual longitudinal Survey, in which 1808 small and medium-sized companies participated. A Report, titled, Managing under Recession: Perspectives from…

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India’s exports surge but deficit remains

India’s international trade continued to surge but the country is yet to effectively address its Balance of Payments deficit. Official estimates for the fiscal year ending March 2011 released last week showed that the country’s trade deficit showed a marginal decline to reach about $US 104.82 billion from $US 109.62 billion recorded during the previous fiscal year. But Director General…

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Positive outlook builds market interest

Downturn, Recession, Upturn and Boom are part of every economy and business activity and the Property sector is no exception. Although the current recession has created nervousness in the market, we will definitely experience another boom soon, bringing fresh opportunities for growth and profitability. Those with the best-laid plans for the worst of times will survive, while those who have…

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