...The Effects of Oil price Hike to the Consumers in the Philippines The 19th century oil became the big part of people’s life for the machinery and vehicles that people used for their daily living. Within a year, more than 1,500 oil companies had been chartered, and oil became the dominant fuel of the 20th century and is part of the different countries economy, and Philippines are one of the countries that have an independent fuel company that started in 1978. The Filipino owned company that offers fuel products ranging from automobile gasoline to industry lubricants and services such as storage and shipping. For Filipino, oil is very important why? Because of the company that just started, planning to be independent and to be one of the develop company all over the world. The possible negative effects of oil price hike in the Philippines are the steady increases in the price of fuel on the global market and because of the importance of fuel in the production, marketing, and especially to transportation of food products and the desire of every producer, consumers and to those people involve in using oil. And to that, it increases the price of fuels used for transportation and the oil to the market, then after too that it may also affects the price of foods that being sell to the market that have been undergo to a process transferring into different places. Lastly, the higher household energy bills can contribute to price oil price hike. Gas and electricity prices typically...
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...Possible Effects of Implementing Jatropha Biodiesel as Alternative for Petroleum Diesel in the Philippines Introduction The Oil Problem: High increases of prices of different commodities and services can now be observed in the Philippines. These increases are due to different factors such as catastrophes and global economic crisis. The government’s job is to find a way to address these problems. The most constant of these two is global economic crisis which is affected by crude oil price increases. Crude oil price affect different things that are important to the lives of Filipinos. It affects the price of food, utilities, price and many more that rely on the energy and transportation that crude oil can provide. Crude oil basically comes from fossil fuel. Fossil fuels are formed through the decomposition without oxygen of dead organisms. Fossil fuels take millions of years to form but are being used fast. Most experts say that it will only take about 50 years for the fossil fuels to be depleted. As it becomes closer to depletion, its price will surely increase as the basic rule of economics states. The only way to cope with low supply but high demand is to increase its price. The Solution: There are many possible alternatives for fossil fuels as source of energy but the use of biofuels is the most favourable since it is cheaper, renewable and degradable or has use compared to other alternatives. Biofuels are fuels which energy is derived from biological objects...
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...I. Industry Background San Miquel Corporation Established in 1890 as a single-product brewery,San Miguel Corporation (San Miguel) is the Philippines’ largest beverage, food and packaging company. Today, the company has over 100 facilities in the Philippines, Southeast Asia, and China. One of the country’s premier business conglomerates, San Miguel’s extensive product portfolio includes over 400 products ranging from beer, hard liquor, juices, basic and processed meats, poultry, dairy products, condiments, coffee, flour, animal feeds and various packaging products. For generations, the Company has generated strong consumer loyalty through brands that are among the most formidable in the Philippine food and beverage industry – San Miguel Pale Pilsen, Ginebra, Monterey, Magnolia, and Purefoods. Flagship product, San Miguel Beer, holds an over 95% share of the Philippine beer market. In addition to its leadership in the Philippine food and beverage industry, San Miguel has established a significant presence overseas. The Company’s operations extend beyond its home base of the Philippines to China (including Hong Kong), Vietnam, Indonesia, Malaysia, Thailand and Australia. Through strategic partnerships it has forged with major international companies, San Miguel has gained access to managerial expertise, international practices and advanced technology, thereby enhancing its performance and establishing itself as a world-class company. San Miguel’s partners are world leaders in...
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...ricing Analysis of the Impact of High Oil Prices on the Global Economy International Energy Agency May 2004 IEA/(2004) SUMMARY Oil prices still matter to the health of the world economy. Higher oil prices since 1999 – partly the result of OPEC supply-management policies – contributed to the global economic downturn in 2000-2001 and are dampening the current cyclical upturn: world GDP growth may have been at least half a percentage point higher in the last two or three years had prices remained at mid-2001 levels. Fears of OPEC supply cuts, political tensions in Venezuela and tight stocks have driven up international crude oil and product prices even further in recent weeks. By March 2004, crude prices were well over $10 per barrel higher than three years before. Current market conditions are more unstable than normal, in part because of geopolitical uncertainties and because tight product markets – notably for gasoline in the United States – are reinforcing upward pressures on crude prices. Higher prices are contributing to stubbornly high levels of unemployment and exacerbating budget-deficit problems in many OECD and other oil-importing countries. The vulnerability of oil-importing countries to higher oil prices varies markedly depending on the degree to which they are net importers and the oil intensity of their economies. According to the results of a quantitative exercise carried out by the IEA in collaboration with the OECD Economics Department...
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...05% respectively. US stocks had a positive month, with the benchmark S&P 500 posting a 3.6% gain while breaching its all time high level. Europe also rose with the Stoxx Europe 600 up 1.32%. Meanwhile, Asia was weak, with MSCI Asia ex Japan retreating 2.07%. The dips mostly came from Chinese equities with HSCEI and Shanghai Composite down -4.73% and -5.45% and Hong Kong (-3.13%). The Week Ahead The US will see the Vehicle sales (Tue), Factory orders (Tue), Manufacturing index (Wed), Unemployment rate and Nonfarm payrolls (both on Fri), ISM non Consumer credit (Fri) and Trade balance data (Fri) this week. In Europe, focus will be on the ECB and BoE decisions (Thu). Meanwhile Japan will see March BoJ Tankan survey and the business conditions DI (Mon). Also, the fist BoJ meeting under new leadership will be in focus. Elsewhere in emerging Asia, China’s manufacturing PMI (Mon), Inflation numbers from Indonesia (Mon), Korea (Mon), Philippines(Fri) and...
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...Impact Assessment of Balance of payments imbalance caused due to crude oil import. A Thesis Submitted to Lahore School of Economics By Name: M. Daniyal Kamran Section B 07u0391 For Award of Degree of Bachelors of Business Administration(Honors) in (Majors) Finance (Minors) in Maths, Stats and Social Sciences Session: 2007 to 2011 Declaration This thesis contains no material, which has been accepted for the reward to the candidate of any other degree or diploma, in any university or other institution. To the best of my knowledge the thesis contains no material previously published or written by another person, except where due reference is made in the text of the thesis. ___M. Daniyal Kamran____ Name RESEARCH COMPLETION CERTIFICATE Certified that M. Daniyal Kamran, id No. 07u0391 Session 2007 to 2011 has carried out and completed the research project entitled “ Thesis title” under my supervision for requirement for the award of Degree of Bachelor of business Administration Honors (Majors) by Lahore School of Economics. Research supervisor (Zehra Raza) ...
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...Finance 363 Stocktrak Final Report Group 10 Cody Norton, Nick Turner, Shane Siel The stocktrak simulation was very informative. It was interesting to watch the markets with something on the line. My group was in the top 3 much of the semester. Right around the end of the simulation we fell out of the top 3 and finished in the 10th position. We could have tried to change our investment strategy in order to chase the top spot, but in the end we stayed true to our objective. Objective and Strategy Our objective is one that most would consider boring. I would describe myself as a long-term investor. When I actually begin to invest real money in the stock market, I will invest in sound companies that pay a decent dividend. Although the stocktrak simulation took place over a relatively short period of time, we still invested with a long-term horizon in mind. That long-term horizon will produce smaller short-term gains. Our portfolio was constructed with a buy and hold mentality. We tried to avoid being swayed by our emotions and the short-term fads of investors. It was hard to avoid investing in accordance with the predictions of the markets gurus, but in the end I believe our investments were safer because of it. The buy and hold mentality allows us to overlook negative short-term returns with the understanding that the returns will normalize in the long-term. We spread our cash out among a variety of investment vehicles. We planned on placing our funds in...
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...(2013859584) Daphne Gayle (2013278394) INTRODUCTION Global price hikes in food has created a global crisis that affects both developed and developing countries. Initial causes of the price spikes included unseasonable droughts in grain producing nations which can be attributed to climatic change and rising oil prices. The rise of oil prices exacerbated costs of fertilizers and transportation of food. The increased farming use in biofuels, growing consumer demand, global population growth and structural changes in trade and agricultural production has also lead to the price increase of food and made it unaffordable for many people. In Malaysia, the Agrofood Policy (2011-2020) was formulated to ensure food security, enhance global competition, increase farmers’ income, ensure agro-food sector’s sustainable growth and boost food production to meet growing population demand. The period is a critical time as Malaysia plans to achieve an advanced high-income economy (in line with the 10th Malaysia Plan, 2011-2015) with consumers’ need for quality, safety, nutrition, functionality and environmental sustainability. Demand for local fruits is expected to increase at a growth rate of 2.3% annually from 2.7 million metric tonnes in 2010 to 3.3 million metric tonnes by 2020. Fruit consumption per capita is also expected to increase from 93 kilogram in 2010 to 97 kilogram in 2020 (in accordance to the trend in developed countries). As consumers’ awareness on health and nutrition content of tropical...
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...on GDP and on the masses. Why are these problems visible in a country like Kenya? Because so many other problem are putting multiplier times negative impact on GDP and other macro economic variables such as inflation. Oil and other petroleum products are scarce commodities in the world. Like prices of other commodities the price of crude oil experiences wide price swings in times of shortage or oversupply. The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply. Throughout much of the twentieth century, the price of U.S. petroleum was heavily regulated through production or price controls. In the post World War II era, U.S. oil prices at the wellhead averaged $28.52 per barrel adjusted for inflation to 2010 dollars. In the absence of price controls, the U.S. price would have tracked the world price averaging near $30.54. Over the same post war period, the median for the domestic and the adjusted world price of crude oil was $20.53 in 2010 prices. Adjusted for inflation, from 1947 to 2010 oil prices only exceeded $20.53 per barrel 50 percent of the time. (See note in the box on right.) Until March 28, 2000 when OPEC adopted the $22-$28 price band for the OPEC basket of crude, real oil prices...
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...Economic analysis, perspectives and evaluations L.5. Agricultural trade policy analysis Brussels, July 2008 High prices on agricultural commodity markets: situation and prospects A review of causes of high prices and outlook for world agricultural markets This working document does not necessarily represent the official views of the European Commission High prices on agricultural commodity markets: situation and prospects Contents 1. 2. 3. 4. EXECUTIVE SUMMARY ......................................................................................... 3 INTRODUCTION AND STOCKTAKING................................................................ 4 FACTORS BEHIND INCREASING PRICES ........................................................... 6 TEMPORAL DIMENSION OF FACTORS: TEMPORARY OR STRUCTURAL......................................................................................................... 11 4.1. Changes in agricultural production and trade due to physical characteristics of production ........................................................................... 11 4.2. Economic parameters ...................................................................................... 14 4.2.1. 4.2.2. 4.2.3. 4.2.4. 4.3.1. 4.3.2. 4.3.3. 4.3.4. 4.3.5. Population and income growth.......................................................... 14 Price of crude oil and related costs.................................................... 16 Currency movements.............................
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...* Sample samplesfafdfasdf a fasfdfa fasdfadf asdf sdf Home * Mail * News * Sports * Finance * Weather * Games * Groups * Answers * Screen * Flickr * Mobile * More Yahoo Finance ------------------------------------------------- Top of Form | Search FinanceSearch Web | Bottom of Form Marco Mail ------------------------------------------------- Follow Yahoo Finance * * * Tue, Sep 9, 2014, 3:17pm EDT - US Markets close in 43 mins ------------------------------------------------- Top of Form Following Bottom of Form % | $ Quotes you view appear here for quick access. | ------------------------------------------------- Top of Form Bottom of Form * Finance Home * My Portfolio * Market Data * Yahoo Originals * Business & Finance * Personal Finance * CNBC * Contributors Compare Brokers Apple unveils larger iphones, smartwatch, Apple Pay By Yahoo Finance15 minutes agoYahoo Finance * * * * * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- View Comments (54) Share this ------------------------------------------------- Top of Form Bottom of Form * * * * Recommended...
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...Biofuels and the underlying causes of high food prices Alessandro Flammini October 2008 The development of this report was coordinated by Maria Michela Morese and Jonathan Reeves (Global Bioenergy Partnership Secretariat). The views expressed in this report reflect those of the author and do not necessarily reflect the views of the Global Bioenergy Partnership or those of the Food and Agriculture Organization of the United Nations. For info: alessandro.flammini@fao.org ACRONYMS ADB Asian Development Bank DDG Dried distillers grains DEFRA Department for Environment Food and Rural Affairs EU European Union FAO Food and Agriculture Organization of the United Nations GHG Greenhouse Gas OECD Organization for Economic Co-operation and Development PRC People’s Republic of China UAE United Arab Emirates US United States of America USDA Department of Agriculture of the United States WFP World Food Programme of the United Nations WTO World Trade Organization Table of contents EXECUTIVE SUMMARY ..................................................................................i BACKGROUND.....................................................................................1 THE CAUSES.......................................................................................4 THE CLIMATE ISSUE ......................................................................... 4 INTERNATIONAL STOCK LEVELS......................................................... 5 INCREASED GLOBAL FOOD...
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...BACHELOR OF COMMERCE BUS317 STRATEGIC MANAGEMENT MANAGEMENT TEAM REPORT TIGER AIRWAYS Lecturer: Jack Ng Group Members: Name Student Number Cheong Liang Ruey 31923243 Hoe Guofeng 31780553 Justin Keola Tan 31232321 Liew Fui Ming 31974996 Mindy Tan Hui Qi 31490513 Tay Tiong Gee 31780553 TABLE OF CONTENTS Pages Cover Page 1 Table of Contents 2 1. Executive Summary 3 2. Introduction 3 3. Current Company Situation 3.1 Past Performance Assessment 3 3.2 Current Company Activities 4 4. External Analysis 4.1 PEST 5 4.2 The Five Forces 6 4.3 SWOT - Opportunities and Threats 8 5. Internal Analysis 5.1 Value Chain 9 5.2 Functional Analysis 11 5.3 SWOT - Strengths and Weaknesses 11 6. Strategic Issues and Key Problems 12 7. Development of Different Strategies 7.1 Current Alternatives and Strategies 13 7.2 SAVED 15 8. Selection of Alternative 16 9. Implementation 17 10. Evaluation and Control 17 11. Appendices A to E and References 1. EXECUTIVE SUMMARY The purpose of this report is to provide a thorough analysis on Tiger Airways. The report includes an environmental analysis using PEST, Porter Five Forces and opportunities and threats. For internal evaluation, it examines the value chains and the strengths and weaknesses. Next, it diagnoses the...
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...increasingly apparent in many emerging and developing economies. Strong adjustments—credible and balanced fiscal consolidation and financial sector repair and reform in many advanced economies, and prompter macroeconomic policy tightening and demand rebalancing in many emerging and developing economies—are critical for securing growth and job creation over the medium term. The global economy has continued to expand Despite some negative surprises, global growth attained an annualized rate of 4.3 percent in the first quarter of 2011, broadly as expected in the April 2011 World Economic Outlook (Figure 1, top panel; Table 1). The outturn was underpinned by many unanticipated offsetting factors. Key among the negative surprises was the devastating effect of the earthquake...
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...4 %.1 For the time being, this is manageable, but it is the government’s ability to reign this spending in, as well as lack of budgetary reform that has led ratings agency Fitch to downgrade Malaysia’s credit outlook to negative this year. The government’s recent 20 sen cut to the fuel subsidy and increasing speculation of a GST framework to be included in the upcoming budget can be seen as evidence that they are trying to remedy both structural and cyclical economic challenges. Furthermore, for far too long there has been an overdependence on the revenue generated from oil and gas dividends, which currently account for over a third of total government revenues. 2 A GST offers a single unified system where the tax burden is equally shared between the services and manufacturing industries, whilst simultaneously broadening the tax base. This will help to minimise tax exemptions as well as the compounding effects of pyramiding tax, tax erosion, transfer pricing and value shifting. In the current economic climate, it will also ensure a level of stability, as a GST is less susceptible to the fluctuations inherent in commodity markets. As evidenced...
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