Home > Business > Household debt historic high in August
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- Home > Business > Household debt historic high in August
- The taxman takes it home
- Home > Business > Industrial confidence index lowest in 4 years
- Home > Business > Uncertainties drive motorcycle sales down 16…
- Home > Business > BAY to buy leasing firm from GE
- Home > Business > 7-mth auto exports up 19%
- Does Apple Have A Moral bligation To Serve The Enterprise Market?
Home > Business > Household debt historic high in August
Nation Multimedia – Aug 23, 2007
23 per cent in August following the economic slowdown which prompted people to borrow more. The “Chamber Business Poll” reported on Thursday that the household debt surged 13. 2 per cent on the yearly basis to Bt132262 per household in August. Thanawat Phonwichai director of Economic and Business Forecasting Centre of Thai Chamber of Commerce University said the figure reflects the household’s acute shortage of cash flow due mainly to the economic downward trend… The “Chamber Business Poll” reported on Thursday that the household debt surged 13. 2 per cent on the yearly basis to Bt132262 per household in August. Thanawat Phonwichai director of Economic and Business Forecasting Centre of Thai Chamber of Commerce University said the figure reflects the household’s acute shortage of cash flow due mainly to the economic downward trend.
The taxman takes it home
Personal Finance – Aug 23, 2007
Take for example the exemption from capital gains tax (CGT) for the first R1 million of capital gain you make on your primary residence (the one you live in). At face value it sounds very simple: If you sell your house the capital gain will be calculated according to tax legislation and to the extent that that gain exceeds R1 million it will be subject to CGT. But what happens if you work from home as the sole proprietor of a business and you have been claiming some of your expenses electricity water interest on your home loan rates and so on as expenses relating to your business?Say for example you were using 30 percent of your home for business purposes and were claiming 30 percent of your expenses as a tax deduction against your income. What happens when you sell your home?The R1 million exemption from CGT does not apply to any gain you make on that portion of your home that was used for business purposes. So 30 percent of the gain you make on your house when you sell it will be subject to CGT. How can you ensure that all of the gain you make on your home is included for the R1 million primary residence exemption? When must you stop claiming the business expenses as a tax deduction? ne year before you sell your house? Two years? More?The law relating to the primary residence CGT exemption talks about how the residence is “used” and not what tax claims you have made because you were working from home. f course if you stop claiming the income tax deductions the South African Revenue Service (SARS) might not be aware of the fact that the house was used for something other than a primary residence.
Home > Business > Industrial confidence index lowest in 4 years
Nation Multimedia – Aug 23, 2007
Vice Chairman Adisak Rohitasune said the confidence in July usually declined to the lowest level every year because of rainy season and less consumption in domestic market. However the index recorded at the lowest level for the past four years should be caused by the country’s economic slowdown and the baht’s strength affecting exporters in this sector. Meanwhile business operators cannot raise product prices despite higher production cost because they face tough competition with other countries. In July what worried export-oriented manufacturers the most was the unstable baht while doemstic companies were concerned dramatically on slowdown consumption and the political unstability. The survey covered 471 samples from 35 industrial groups under the FTI. Chalida EkvitthayavechnukulThe Nation.
Home > Business > Uncertainties drive motorcycle sales down 16…
Nation Multimedia – Aug 23, 2007
This figure has been revised downwards from the 465000 units planned earlier this year. Praphan said the situation was bound to get better once a new government was elected no matter which political party was put in power. "The market is currently indecisive but having a fixed government will clear up the confusion and this will depend on how the government sets its growth plans and business policies. It will definitely increase people's confidence. "ther Asean markets have reported steady growth. Vietnam has shown 25-per-cent growth in the motorcycle market and Indonesia 30 per cent. Although Thailand's growth would not have been as high as its neighbours it also would not have seen a 16-per-cent drop were it not for the political situation.
Home > Business > BAY to buy leasing firm from GE
Nation Multimedia – Aug 23, 2007
However the price is subjected to an adjustment price mechanism to reflect changes in the net book value of GECAL at completion but in any case shall not be more than Bt17. 25 billion said the bank. The bank said it would purchase all shares in GECAL from GECAI and other individual shareholders including the hire purchase portfolio of Total Service Solution Plc (TSS) that will be transferred to GECAL prior to the acquisition. The bank appointed Trinity Advisory 2001 Co Ltd as the independent financial advisor.
Home > Business > 7-mth auto exports up 19%
Nation Multimedia – Aug 23, 2007
45 per cent from the same period last year according to the Federation of Thai Industries. The export value was Bt159. 45 per cent year on year.
Does Apple Have A Moral bligation To Serve The Enterprise Market?
InformationWeek – Aug 23, 2007
He notes that Apple occasionally makes overtures to big business but not much and only when the big-business product also serve another market where Apple is strong for example creative professionals. Siracusa notes a fundamental difference between the enterprise market and the home and small-business markets: In the enterprise market you’re selling to the organization; whereas in the home and small-business markets you’re selling to the end-user. “The people you have to please in the enterprise market are the ones purchasing and supporting the products not the poor schmucks who actually have to use them” Siracusa says. IT managers are looking for cell phones that support the company’s VPN Exchange remote deletion of data on lost devices multi-vendor support ability to disable the camera if there is a camera and so forth. Usability is low-down on the list. Siracusa sees Apple’s disdain for the corporate market where the end-user experience takes a back seat as noble… Anything less is an abdication of potential or a failure of ambition and settling for less denies many people the chance to discover tools or technologies that can improve their lives. He describes Siracusa’s conclusion with a short Anglo-Saxon word for the chief end-product of horses and says Siracusa is being “elitist and lazy. Here’s the truth: You can meet all the (reasonable) requirements of an Enterprise while still creating a product that delights and inspires the people who make up that organization. In fact you have to do so.
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