Archive for August, 2011
SUVA ( FIJI TIMES) – Fiji?s investment projects implemented last year totalled over $300million, Investment Fiji chief executive Ravuni Uluilakeba said. Uluilakeba made the comments when asked on the investment gap, which was pegged at $574m by the Reserve Bank of Fiji governor Barry Whiteside. Uluilakeba said it was important that Fiji moved with time such as embracing online payment facilities to cater for foreign direct investments. Fiji, he said, was ranked 62nd in the world on the ease of doing business and could better this as Fiji was once ranked 34th globally. read more
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The top thought leaders and financial experts on farmland investment will gather in Toronto on September 22, 2011 for the second annual Canadian Agri-Business & Farmland Investment Seminar. Sponsored by Bonnefield Financial and the Farmland Investor Letter, the one-day seminar provides a platform for Canadians to discuss, learn and meet others investing in or considering Canadian farmland investment. During the seminar, Bonnefield Financial President Tom Eisenhauer will also release new research findings on factors driving Canadian farmland values. Delegates can expect to hear relevant and timely new information to help them better understand Canadian agri-business and farmland investment,” said Mr. Bonnefield is Canada’s first national farmland investment management and property management company. The Bonnefield Canadian Farmland LP I partners with successful, progressive, growth-oriented farm operators across Canada to acquire farmlands and lease them on a long-term basis. read more
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Investment Fiji will hold a one-day seminar in Suva, Lautoka and Labasa to create awareness on investment opportunities and support available for investment in Fiji. The following topics will be covered at the one day seminar ù land bank; investment incentives and concessions; foreign investment regulation and joint ventures; and investment opportunities in agriculture, fisheries, forestry, minerals, tourism and audio visual sectors,” the statement said. Key speakers will include representatives from the Ministry of Primary Industries, Fiji Audio Visual Commission, Fiji Revenue and Customs Authority, Ministry of Tourism, Ministry of Lands and Mineral Resource and Investment Fiji. For any assistance or enquiries call the ANZ Contact Centre, Monday to Friday, 8am ?” 6pm on 132411 (within Fiji) or 679 3213000 (overseas) or email Electronic Business – Fiji. read more
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Investment Fiji will be holding one-day seminars in Suva, Nadi and Labasa on investment opportunities and support available in Fiji. Investment Fiji CEO Ravuni Uluilakeba says the seminar aims to create awareness of the approvals process and provide information on the services available for local investors. He says so far – the outlook of investment in Fiji – has been good. The number of implementation of investment projects – though we are big in numbers compared to last year – dollar value wise – we are almost there. Topics that will be covered at the seminar include Land Bank, Investment Incentives and Concessions, Foreign Investment Regulations and Joint Ventures and Investment opportunities. read more
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To invest in pyramid schemes like Speak Asia may seem lucrative, but their collapse is inevitable, even if it takes some years to happen, said Sucheta Dalal, founder-trustee of Moneylife Foundation and managing editor, Moneylife magazine. Debashis Basu, founder-trustee, Moneylife Foundation and editor, Moneylife magazine, told the audience that investing is really simple as long as one understood the basics of investing and stuck to them. When he was asked about the method of choosing the right mutual fund, he pointed out that one must look at the long-term record of the fund houses and keep track of the fund manager. While every attempt has been made to ensure that the information provided on this page is accurate, Moneywise Media Pvt Ltd and its group companies (together called as ‘Moneylife’) will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through its site(s). read more
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UCD economist Morgan Kelly has predicted that bad debts of a small number of wealthy buy-to-let property investors could lead to previously unforeseen losses for the banks. Prof Kelly, who forecast the original property bust, says in a new academic paper that many wealthy buy-to-let property investors have multiple loans and if they get into trouble that losses will be magnified. The analysis is based on Department of the Environment figures that show bigger mortgages taken on during the boom tend to have been interest only, and Prof Kelly said they were more likely to have been used to buy investment properties than to buy homes. Prof Kelly admits the findings remain tentative but, if true, they suggest that losses for the banks could rise sharply — even if the total number of defaults does not — if the bigger borrowers get into trouble. The findings, however, do fit with recent comments from Prof Kelly when he said debt forgiveness for struggling home owners could cost between €5bn and €6bn — less than previous estimates. read more
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This article was originally printed in Numismatic News . At Krause Publication’s newest free online seminar, “Metal Mania,” learn why now might be the time to start investing in gold and silver , where current metal prices stand in the overall cycle and how to get started investing. Numismatic News Executive Editor David Harper will also share his know-how on available options for investing, investing styles and other strategies to become a knowledgeable investor. During the seminar Harper will also explore reliable investment information and whether fakes are a threat. To register for the free online seminar, visit www. read more
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