2015. • Minimum wages for private sector workers comes into effect. • Port City back on, its official. • Sri Lanka happier in 2015, rises to 117th in the Happiness Index. • Inflation rises 1.7% YoY in February. • Rupee in March at 142.59/146.78 vs. USD (down 0.08% MoM). • Stock market closes at 6,071.88 in March (-11.9% YTD). In Business news: • Tourist arrivals up 19.4% YoY in Feb 2016 to 197,697 as China replaces India as the premier tourist sourcing location. In Consumer news: •
Words: 4890 - Pages: 20
generally dominate the higher end of the Chinese market, have focused on making cars for China’s large and fastgrowing market. The domestic Chinese automakers, who occupy the lower end of the market, struggle to improve design and quality to expand sales overseas. China exports and imports relatively few vehicles. Most of the cars produced in China stay in China and its vehicle exports are mostly light trucks and passenger cars shipped to developing country markets. Automotive trade between the United
Words: 19818 - Pages: 80
................................................................................ 1 Trends ............................................................................................................................................. 1 Production, Imports and Exports................................................................................................. 3 Competitive Landscape .................................................................................................................
Words: 12635 - Pages: 51
majority to protect minority is not Utilitarian 4. Deontologism * Derived from the Greek word for Duty * Actions are not justified by their consequences. Factors other than good outcomes determine the rightness of actions Utilitarianism Vs. Deontologism *
Words: 4370 - Pages: 18
June 20th, 1988 under the name of PT Oroban Perkasa. It is engaged in manufacturing Passenger Car Radial (PCR) tires and Motor Cycle (MC) tires for export and domestic market. MASA has markets its product with brand name of “Corsa”, “Strada” and “Achilles”. What happend to MASA.. * Global Crisis not to Affect MASA’s Sales (2009) In 9M09, MASA successfully raised its sales 19.2% YoY to Rp 1.2 tn. Its car tire production volume increased from 3.24 mn units in 9M08 to 3.51 mn units in 9M09, growing
Words: 1574 - Pages: 7
to Evan Ramstad the trade agreement with have many effects on South Korea than the U.S. as they become will continue to play a greater role in the South Korea economy and import tariffs that have been kept high to protect its climb from poverty will be rapidly eliminated. According to the text, tariffs are a tax levied on imports (or exports) (Hill, 2010). This elimination of tariffs may reduce South Korea’s surplus in trade with the U.S., but this pact is expected to contribute to an increase in
Words: 1159 - Pages: 5
compared to the production of mere 4,000 vehicles in 1950, the production of the industry crossed the historic landmark of 10 million vehicles in 2006. Today, the industry produces a wide range of automobiles and auto-components catering to both the domestic as well as foreign markets. The development of the industry has been shaped by the demand on the one hand and the government interventions on the other; the influence of the latter being considerable. The evolution of India’s automotive industry
Words: 30288 - Pages: 122
then reported that the Japanese government signed the Plaza Accord in 1985, (which sought to weaken the major foreign currencies against the yen to encourage foreign capital investments for Japanese companies). The yen rose from (240 vs. US dollar) in 1985 to (80 vs. US dollar) in 1995. As a result, price of Japanese exports increases. Sundar, A (2013) elaborated that to cope with this rapid rise in yen, Japan’s monetary authorities began flooding the
Words: 1999 - Pages: 8
levels will reduce the value of money * Inflation rate is measured every month * Inflation rate – measures the overall increase in price level in a given time period Tao – Bank – Company – Price 10 % wage vs. 0% inflation ↓Demand -↓Price-↑Demand Deflation in Japan 1990 Life Expectancy Saving vs. Spending Saving → Government 66 % Dependent 34 % 18-64 ↓Demand = ↓Price = ↓Q Supply = ↓ # of worker = ↑unemployment = ↑ Government Rely = ↓Interest Rate 0.000001% Iceland – 7 to 8 % Economy Collapsed Largest
Words: 3161 - Pages: 13
Cheap Products vs. a Higher Employment Rate The American economy is finally recovering after the recent recession. The United States endured several years of high unemployment combined with a nasty housing market collapse. The 7.3 percent unemployment rate in October 2013 is still considered high. However, it is significantly lower than the 10 percent it peaked at in 2009. During this recession, the war cry was, “Buy American! Support local jobs!” However, the struggle between purchasing American
Words: 1507 - Pages: 7
