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  • July witnessed an addition of 209,000 jobs by US, showing that the US is on its course of economic recovery The manufacturing and professional business services sector witnessed the biggest job gains. There has also been a slight increase in the US labour market, which will encourage workers who have given up job hunt to enter the job market once again. According to the Commerce Department, during the period April to June, the US economy grew by a better than expected 4 percent. However, the latest data from the Bureau of Labour Statistic has shown that the unemployment rate has slightly increased to 6.2 percent. The job data for May and June was also revised upwards to show that the US economy added 15,000 more jobs for May and June. Variations along the way:   Even though some economists had been expecting higher figures, the US stock marketswere below the less than expected gains. Following steep losses the day before, the Dow Jones 100 Index fell down by almost 80 points. Most analysts were of the view that there was nothing negative about the report. Jefferies, the US investment bank, in a note to clients stated; "The downward trend [in the unemployment rate] remains intact, but there will be bumps along the way to normalcy." One of the possible reasons for the increase in the unemployment rate could be the fact that July is often one of the weaker months in terms of job growth. Nonetheless, the job figures for July are indeed encouraging, because the US economy just needs to add at least 150,000 jobs each month in order to keep up with the population growth. Furthermore, July is the sixth month in a row when the US economy has added more than 200,000 jobs. This shows that the US is indeed on its course of economic recovery. The need to still push on: Janet Yellen, the US Federal Reserve chair, recently expressed that even though employment data is better than the one witnessed after the 2008-2009 recession. However, there are still some issues and challenges remaining. For instance, the wage growth still remains flat. Similarly, the number of long-term unemployed (people who are out of work for longer than six months) is also the same at 3.2 million (one-third of those looking for work). In a recent interview with the New Yorker magazine, Janet said “Imagine I've got my hands on your shoulders and I'm pushing you." "In the aftermath of the financial crisis, I was pushing you so hard; you couldn't get to where you wanted to go. Now that the economy is recovering I'm pushing you a little less hard, so you're able to make some forward movement. But I'm still pushing you." A recent job fair in Boston, Massachusetts witnessed this sort of tension, where only a handful of employers had to deal with an overwhelmingly huge number of resumes. According to an unemployed job seeker, Dwayne Burgess; "It is very tough out there - employers now have a ton of people to search through and they're looking for that perfect person and you really have to be competitive with that next person in front of you.” Credence Independent Advisors was born from a compelling opportunity in the financial services world. In the ever changing dynamic world of financial services, it is important for us to tailor advice and solutions to individual needs. Clients need solutions that make them money and preserve their capital and advisors need happy clients with increasing wealth under management. By harnessing the skills of top quality experienced professionals and cutting edge technology, we are able to bring what was previously only available for multi-million dollar clients to a wider reaching client range and we have done this independently. Like us to our Facebook Page and more about us at our twitter @Credencewealth.

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  • State-owned lender Bank Mandiri will continue focusing on micro and retail business in the coming years as the two provide the highest margin for the bank compared to other segments, according to its executives.   Mandiri vice president director Riswinandi said the focus on micro and retail was part of its rebalancing plan.   “We want micro and retail to make up 35 percent of total operations from 25 percent in previous years, while we are aiming for wholesale to make up 65 percent from 75 percent,” he said in a press conference during the 2014 Investor Summit and Capital Market Expo on Wednesday.   He added that the bigger focus on micro and retail would provide the publicly listed lender with a better income margin as the overall banking industry was facing a margin squeeze due to the tight monetary policy.   Data from Mandiri’s first-half financial report shows that the amount of loans channeled to the micro sector reached Rp 30.96 trillion (US$2.6 billion) by the end of June, while those disbursed to the retail or consumer sector stood at Rp 60.3 trillion.   Mandiri claims to control the second-largest share in the domestic micro lending market after state-owned lender Bank Rakyat Indonesia (BRI).   Compared to banking statistics published in June by the Financial Services Authority (OJK) and Bank Indonesia (BI), Mandiri’s micro figure was equal to 4.7 percent of outstanding micro loans.   “The segment is also targeted by other banks looking to gain higher profitability, so we need to have a solid foothold in the sector,” Riswinandi said.   Mandiri micro and retail banking director Hery Gunardi said that it targeted a 28 to 30 percent increase in micro lending this year. It means that the lender will see the loans surge to between Rp 34.56 trillion and Rp 35.1 trillion, up from the Rp 27 trillion booked in 2013.   “We are planning to open 300 new micro lending outlets and have opened up more than half of the target,” Hery said.   In retail, Mandiri senior executive vice president on consumer finance Tardi said that mortgage and auto loans would remain its major growth drivers, even though the mortgage market had been recently affected by BI’s down payment regulation.   As previously reported, the regulation requires customers to provide a higher down payment on their second and third home purchases. The homes must have also already been built upon purchase.   “Our mortgage is quite stagnant at the moment because of the new rule, but our automotive financing has bounced back after a slight decline during the Idul Fitri holidays,” Tardi said.   Mandiri hopes to achieve a 33 percent increase year-on-year (y-o-y) in automotive financing and a 10 to 15 percent y-o-y mortgage rise in 2014.   Meanwhile, the lender — now the largest lender in terms of assets in Indonesia — is looking to boost retail or low-cost deposits by expanding transaction services, such as electronic banking.   “We cannot rely solely on time deposits because that tends to create price wars among banks,” Riswinandi said, adding that it would maintain the portion of low-cost funds at more than 60 percent of total funding.   In the first half, the low-cost deposits figure was already equal to 62 percent of total funding.   Mandiri’s shares ended at Rp 10,275 on Wednesday at the Indonesia Stock Exchange, up 1.2 percent from a day before

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  • An upgraded Studio Hybrid type desktop

    Status: New

    I have been the proud owner of a Studio Hybrid 140g dektop now for at least 5yrs. I have a very small work area and this desktop sits perfectly in a corner. Eventhough this desktop is still running very well currently running Win10 preview upgraded from Win7/8.1 I have noticed at times it get a little sluggish. I would very much like to see dell create another desktop with about the same footprint but with more powerful specs. The main thing stopping me from getting another desktop is losing the limited space I have.

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  • Status: Acknowledged

    Hello,would it be possible to add regular docking connector on the bottom of Alienware notebooks?As these notebooks are already meant to be desktop replacement I don't understand why they are not equiped with it already.This is a big time saver when disconnecting the notebook and it would be definitely a decission maker for me.I have docking connector on both notebook (private and business - Dell and HP).I plan to buy some notebook with 980M graphics card now, but so far none of them is equiped with the connector for docking station.Best regards,Ales Sura

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  • July witnessed an addition of 209,000 jobs by US, showing that the US is on its course of economic recovery The manufacturing and professional business services sector witnessed the biggest job gains. There has also been a slight increase in the US labour market, which will encourage workers who have given up job hunt to enter the job market once again. According to the Commerce Department, during the period April to June, the US economy grew by a better than expected 4 percent. However, the latest data from the Bureau of Labour Statistic has shown that the unemployment rate has slightly increased to 6.2 percent. The job data for May and June was also revised upwards to show that the US economy added 15,000 more jobs for May and June. Variations along the way:   Even though some economists had been expecting higher figures, the US stock marketswere below the less than expected gains. Following steep losses the day before, the Dow Jones 100 Index fell down by almost 80 points. Most analysts were of the view that there was nothing negative about the report. Jefferies, the US investment bank, in a note to clients stated; "The downward trend [in the unemployment rate] remains intact, but there will be bumps along the way to normalcy." One of the possible reasons for the increase in the unemployment rate could be the fact that July is often one of the weaker months in terms of job growth. Nonetheless, the job figures for July are indeed encouraging, because the US economy just needs to add at least 150,000 jobs each month in order to keep up with the population growth. Furthermore, July is the sixth month in a row when the US economy has added more than 200,000 jobs. This shows that the US is indeed on its course of economic recovery. The need to still push on: Janet Yellen, the US Federal Reserve chair, recently expressed that even though employment data is better than the one witnessed after the 2008-2009 recession. However, there are still some issues and challenges remaining. For instance, the wage growth still remains flat. Similarly, the number of long-term unemployed (people who are out of work for longer than six months) is also the same at 3.2 million (one-third of those looking for work). In a recent interview with the New Yorker magazine, Janet said “Imagine I've got my hands on your shoulders and I'm pushing you." "In the aftermath of the financial crisis, I was pushing you so hard; you couldn't get to where you wanted to go. Now that the economy is recovering I'm pushing you a little less hard, so you're able to make some forward movement. But I'm still pushing you." A recent job fair in Boston, Massachusetts witnessed this sort of tension, where only a handful of employers had to deal with an overwhelmingly huge number of resumes. According to an unemployed job seeker, Dwayne Burgess; "It is very tough out there - employers now have a ton of people to search through and they're looking for that perfect person and you really have to be competitive with that next person in front of you.” Credence Independent Advisors was born from a compelling opportunity in the financial services world. In the ever changing dynamic world of financial services, it is important for us to tailor advice and solutions to individual needs. Clients need solutions that make them money and preserve their capital and advisors need happy clients with increasing wealth under management. By harnessing the skills of top quality experienced professionals and cutting edge technology, we are able to bring what was previously only available for multi-million dollar clients to a wider reaching client range and we have done this independently. Like us to our Facebook Page and more about us at our twitter @Credencewealth.

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  • State-owned lender Bank Mandiri will continue focusing on micro and retail business in the coming years as the two provide the highest margin for the bank compared to other segments, according to its executives.   Mandiri vice president director Riswinandi said the focus on micro and retail was part of its rebalancing plan.   “We want micro and retail to make up 35 percent of total operations from 25 percent in previous years, while we are aiming for wholesale to make up 65 percent from 75 percent,” he said in a press conference during the 2014 Investor Summit and Capital Market Expo on Wednesday.   He added that the bigger focus on micro and retail would provide the publicly listed lender with a better income margin as the overall banking industry was facing a margin squeeze due to the tight monetary policy.   Data from Mandiri’s first-half financial report shows that the amount of loans channeled to the micro sector reached Rp 30.96 trillion (US$2.6 billion) by the end of June, while those disbursed to the retail or consumer sector stood at Rp 60.3 trillion.   Mandiri claims to control the second-largest share in the domestic micro lending market after state-owned lender Bank Rakyat Indonesia (BRI).   Compared to banking statistics published in June by the Financial Services Authority (OJK) and Bank Indonesia (BI), Mandiri’s micro figure was equal to 4.7 percent of outstanding micro loans.   “The segment is also targeted by other banks looking to gain higher profitability, so we need to have a solid foothold in the sector,” Riswinandi said.   Mandiri micro and retail banking director Hery Gunardi said that it targeted a 28 to 30 percent increase in micro lending this year. It means that the lender will see the loans surge to between Rp 34.56 trillion and Rp 35.1 trillion, up from the Rp 27 trillion booked in 2013.   “We are planning to open 300 new micro lending outlets and have opened up more than half of the target,” Hery said.   In retail, Mandiri senior executive vice president on consumer finance Tardi said that mortgage and auto loans would remain its major growth drivers, even though the mortgage market had been recently affected by BI’s down payment regulation.   As previously reported, the regulation requires customers to provide a higher down payment on their second and third home purchases. The homes must have also already been built upon purchase.   “Our mortgage is quite stagnant at the moment because of the new rule, but our automotive financing has bounced back after a slight decline during the Idul Fitri holidays,” Tardi said.   Mandiri hopes to achieve a 33 percent increase year-on-year (y-o-y) in automotive financing and a 10 to 15 percent y-o-y mortgage rise in 2014.   Meanwhile, the lender — now the largest lender in terms of assets in Indonesia — is looking to boost retail or low-cost deposits by expanding transaction services, such as electronic banking.   “We cannot rely solely on time deposits because that tends to create price wars among banks,” Riswinandi said, adding that it would maintain the portion of low-cost funds at more than 60 percent of total funding.   In the first half, the low-cost deposits figure was already equal to 62 percent of total funding.   Mandiri’s shares ended at Rp 10,275 on Wednesday at the Indonesia Stock Exchange, up 1.2 percent from a day before

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