Browsing "Finance & Investment"

Overview: UOB Credit Card

If you want to sign up for a credit card offering plenty of perks and a low interest rate, you need to consider a credit card from UOB. Not only will you enjoy using the card in your day-to-day spending, but you will find they offer plenty of perks you will use all the time. With this in mind, here is a short overview of UOB credit cards.

Rewards: If you travel often, you will want to consider a travel credit card. While you will pay a small annual fee, you will enjoy free airline travel and upgrades to first class. Since UOB carries American Express cards, you can feel comfortable about signing up for this card given that American Express is a well-known and liked company. If you don’t want to sign up for an airline card, consider a rewards card offering gift certificates to your favorite restaurants and stores. Finally, if you want cash back, consider a cash back card. Either way you look at it, with a UOB card, you can earn plenty of perks on your monthly spending.

 

UOB Instant Rewards

Pay online: If you are busy and don’t want to worry about missing credit card payments, you can use uob.com and send payments or check your balance. This is perfect for a busy person who doesn’t want to waste time writing checks and sending letters. If you have an account with them already, you can pay your bill with ease as you can login to Internet banking and make the transfer.

UOB Mobile Banking

UOB Mobile Banking

Multiple options: If you want to find a new credit card, you will have your own wants or needs. For example, if you travel often, you will want to carry a Visa credit card as it’s accepted all around the world. On the other hand, if you like the customer service of American Express, you can sign up for this card. With multiple choices for cards, you can find what you want for your situation. Remember, all credit card companies offer unique benefits. Once you know what you want, you can choose the right card.

 

UOB Visa Infinite Card

UOB Visa Infinite Card

 

UOB Lady's Card

UOB Lady’s Card

 

UOB offers a few excellent benefits to cardholders. While true, if you want to find a new credit card, you will want to research your options and look for one that meets your needs. Otherwise, if you choose a random one, you will not get the most out of the experience.

 

www1.uob.com.my

www1.uob.com.my

Dec 13, 2012 - Business, Finance & Investment    Comments Off on How to Attract Venture Capital Investment

How to Attract Venture Capital Investment

Most startup businesses often lack the funds they need to get things moving. They find it difficult to obtain business loans through the traditional sources. Even many existing businesses need funds to grow and expand their business but are unable to secure financing from banks and other traditional loan sources. That’s where venture capital investors come in.

Entrepreneurs and investors often share the same goal, and that is to make big money. Since each has what the other wants, a great opportunity for venture capital investment has opened up to bring together those looking for business financing with those looking for businesses to invest in. A venture capital investment is an investment in which a venture capitalist provides funding for a business in exchange for profits or equity in the company. Venture capital investment is a proven way to get large scale funding for a company. But you need to know the proper way to attract venture capital investment. To successfully secure the funding you need, here’s how you go about it.

Network for Your Company
This is one of the most important steps if you want to attract venture capital investment. You need to do a lot of business networking. The idea is to get your company’s name out there in the business community so that you can start to create some buzz. You also need to collect business cards as an effective way that will lead you to venture capitalists.

Build Your Management Team
Venture capitalists are often attracted to companies that have a team of experienced managers who have good track record. They look for an experienced team that has the knowledge and skills to run a business successfully and make it highly profitable. You need to assemble a great team to help develop your company and provide knowledgeable managers in key areas such as marketing, accounting and fulfillment. You need to put together a diverse team and then polish its credentials in order to attract venture capitalists. The combined networks of your team members will further create the crucial buzz that will eventually lead to venture capital investment.

Develop Your Business Plan
You must have a solid business plan to present to venture capitalist firms. Investors like to see a well-written business plan that clearly outlines the company’s business goals and strategies that you intend to implement to meet those goals. They are only interested in infusing cash in businesses that have the potential to become highly profitable over time. You must present a business plan that is informative and captivating in order to convince investors to give you the money you need.

Make a Deal
In a venture capital investment deal, investors usually have specific rights and privileges. In exchange for providing funding, venture capitalists receive a significant share of the profits that the company makes as well as equity in the company. They often have some influence on the operations and management of the company and work closely with the entrepreneur to help make the company flourish. It is important to clearly define how the business relationship will work.

Interested to learn more venture capital techniques? Explore it from David Hand Crescent Point Asia or get more Crescent Point Venture Capital news, the leading emerging markets investment management and financial advisory firm primarily targeting in the Asia-Pacific and Middle East regions.

In this video, Mead talks about Venture Capital, offering great insights about Silicon Valley and life as a venture capitalist.

Oct 2, 2012 - Business, Finance & Investment    Comments Off on Why More International Companies are Shifting Base to Singapore

Why More International Companies are Shifting Base to Singapore

Moving a BVI company to Singapore is a beneficial idea because one can take advantage of the low cost of labor as well as increased access to a vast ray of technological conditions. When considering company formation, there are some factors such as geographical region that can play a big part in helping management decide where they intend to do the business registration.

When doing a company formation, many executives like to consider the taxes of the geographical region where they intend to be established. In Singapore, corporate tax is at 10 percent and sometimes may dip into the 5 percent category. This means that a business can enjoy more of its revenues and even increase its horizons. There are some rules however that companies wishing to set up in this country must adhere to.

A nominee director knows the advantages of being outside the US when conducting business; it helps them see the global economy through a different lens. Many executives and fortune 500 companies are interested in the city’s highly educated workforce. It also wants to capitalize on the great number of millionaires in the country which stands at 17 percent. Many view it is an ideal place to set up and venture into other Asian markets such as India and China.

Recently, Singapore was names as one of the best countries to do business in by the World Bank with reports showing that it had great investment potential. The education system is unparalleled and produces talent that continues to impress foreign entities who are considering to do company registrations. Singapore is said to have great infrastructure especially for foreign workers and their immediate families. There are plenty of international schools that make the transition very easy for children of foreign workers.

World Bank, Singapore launch regional Infrastructure Finance Centre of Excellence

An offshore company formation in Singapore understands that the workforce in that part of the world has been all over the developed continents as part of their careers and knows that they can fully utilize their skills and expertise for the long term. Most employers want to retain their employees even during times of economic downturns. Singapore is an emerging market in the Asia region and therefore doing a company incorporation there can be beneficial for a firm because it is a country that wants to continue expanding thereby offering attractive incentives for those who want to relocate their business base.

Employees in this part of the world are known to not only have good analytical skills, they are disciplined, own the responsibilities assigned to them and are full of vigor. They are trained to have great leadership skills as well as project management expertise in order to be appeasing to the growing international presence.

Discover more benefits of doing business in Singapore: Exceptional Tax Exemptions for Business Registrations in Singapore

 

Sep 3, 2012 - Business, Finance & Investment    Comments Off on Benefits of Using Private Equity Investing

Benefits of Using Private Equity Investing

Investing in companies is often difficult for many novice investors. While one can learn the proper terms for investing, understanding the stage that the economy is currently in and choosing appropriate investments is often a difficult process to undertake. Vigilance is needed when selecting investments and identifying appropriate management for your investments is an important step in the process. For many individuals who are not familiar with the process, or simply do not have time to devote towards choosing investments, private equity investing is often an excellent alternative.

Private equity investing involves the use of a private equity manager who uses their expertise to identify investments. Usually in private equity investing, a number of people combine their money together and identify investment opportunities. Many investors are needed as it prevents any one individual from concentrating too much of their resources into one company or industry. Many private equity investing companies are able to obtain control of the management of a company by investing a significant portion of the business in certain companies and obtaining board of director seats in the organization. For many small businesses, it also provides the company with a more professional management team with better quality experience. This can provide the organization with better options for meeting the challenges that the business faces, and allows the business to effectively take advantage of those situations.

Strategic alternatives are also more aggressively pursued, such as sales of portions of the business to third parties, restructuring of a private business in a IPO to public investors, or acquisitions of other businesses that allow them to take advantage of economies of scale or vertical integration of the business.

For investors, outsized returns are available in private equity investing that are not available in other investment types, such as bond purchases, cash savings, or even trading equities in public markets. This allows investors to benefit greatly from the risks they take, though equity investing of all types has significant risks involved including possible loss of capital. As such, investors should be cognizant of these risks, but should also pay attention to the quality of the private equity investing Management Company and the honesty and integrity of these parties. Investing is fraught with risks but offers great opportunities associated with them. Private equity investing even more so than investing in stable larger public companies, which provides a less liquid marketing. Care and vigilance is therefore needed with private equity investing.

Read more private equity strategy cases from Crescent Point David Hand or follow Crescent Point Twitter, the leading emerging markets investment management and financial advisory firm primarily targeting in the Asia-Pacific and Middle East regions.

How exactly did Mitt Romney Get So Obscenely Rich? Robert Reich explains The Magic of Private Equity in 8 Easy Steps

Aug 5, 2012 - Business, Finance & Investment    Comments Off on Finding Venture Capital Investors

Finding Venture Capital Investors

Finding a venture capital investor if you have not done your homework. There are many ways that you can find a venture capital firm in your area by using the Internet. One source that you can use to find a venture capital firm in your state is gaebler.com Resources for Entrepreneurs.

A list is provided to you that is alphabetical by state. Click on a link for your state to see all the venture capital firms in the state. However, you will need to research each firm to learn about their success and approach to business. You may discover that a venture capital firm may take a hands-off approach or is an active participant that will insist on an operational role in your business. There are also prerequisites that are required for you to meet before looking for funding.

One prerequisite for funding is to determine if there is a market for your idea. Having a good idea for a product is not a guarantee that there is a demand or interest. Venture capital firms will want to make an investment for a product or business that is commercially viable.

Another prerequisite for funding is having a big enough market for your product. Many venture capital firms will not offer funding for a niche market. A market needs to be big enough to enable a return of the amount invested. You may need to provide an assessment of your potential market over period of at least five years. Your business or product will also benefit if you have a competitive advantage over the rest of the market.

One final prerequisite for funding is a dependable management team. This is not always a requirement for a start up business. Many venture capital firms will invest in start up businesses by college students and various entrepreneurs.

Stay updated for more main stories of venture capital investing topics from David Hand Crescent Point Asia and Crescent Point Venture Capital, the robust emerging markets investment management and financial advisory firm primarily targeting in the Asia-Pacific and Middle East regions.

Watch the Forbes Video about Justin Bieber: Budding Venture Capitalist

Jul 29, 2012 - Finance & Investment    Comments Off on Reasons You Should Not Borrow from Money Lenders

Reasons You Should Not Borrow from Money Lenders

People with bad credit might find that their options are limited when it comes to getting a personal loan or payday loans. Because of this, some people with bad credit will go with any money lender who gives them a loan. But there are several reasons why you shouldn’t borrow money for an unauthorized money lender.

One reason to not borrow from an unauthorized lender is that your interest rates will be extremely high. So you will be paying a lot extra money as you pay off your loan. If your credit is bad, you will probably have a higher interest rate from a legitimate lender but it won’t be nearly as high as an unauthorized one.

If you fall behind on your payments, you may find yourself threatened by an unauthorized lender. They will do anything to get their money back which can include threats of violence. But an authorized payday loan lender will generally work with you if you can’t make a payment.

It is illegal to borrow money from an unauthorized lender, so you could find yourself in legal trouble as well. It is best to check out any company you are considering borrowing money from to avoid any legal troubles which can be expensive in themselves.

If you have poor credit, you may think your options are limited when it comes to getting a loan. But there are legal options for borrowing money that you should look into. Even though it might be tempting to borrow from an unauthorized lender, there are several reasons not to. If you borrow from an unauthorized source, you will have extremely high interest rates. You may also be faced with the threat of violence if you fall behind on your payments. And you could even find yourself in legal trouble. For all these reasons, it’s not a good idea to borrow money from a lender that isn’t legit. We recommend you to discover the many ways to acquire personal loans.

Many people may need to borrow money from their family and friends during these hard economic times. Watch this video about Financial advisor Ray Martin talks with Maggie Rodriguez about how to do it right.

Apr 12, 2012 - Business, Finance & Investment    Comments Off on Costs of Living for Expatriates in Singapore

Costs of Living for Expatriates in Singapore

Singapore has managed to retain its charm from the colonial days and also provided a clean and well developed environment for better living. Due to a lot of Offshore Company Formation in the last few years, Singapore has seen an upsurge in the number of Expatriates. A BVI Company formation is cost effective and is subjected to minimal tax. Therefore, a BVI Company stresses on recruiting more number of Expatriates for achieving its business objectives. The Singapore Companies Act makes it mandatory for a foreign company to have a local director. In situations where the foreign company is not interested in relocating to Singapore, services of a Nominee director can be utilized. The minimum requirements to be eligible for a Nominee director is – Citizen of Singapore, Permanent Resident of Singapore or an expatriate having EntrePass or similar working Visa with an accommodation in Singapore. Company Registration Singapore provides three options for a foreign company viz. registering a Subsidiary, Registering a Branch Office or Registering a Representative office in Singapore. Availability of high quality of education makes it easy for expatriates to settle in Singapore with their spouse and kids.

As per the 2011 Mercer’s survey on cost of living, Singapore has jumped spots to become the 8th most expensive city in the world for expats. Within Asia, Singapore has surpassed Hong Kong and is now ranked third after Tokyo and Osaka. Favorable economic policies encourage Singapore Company Incorporation of foreign companies. The chunk of your expenses include rent, transport and education costs. As you move away from the center of the city, the property prices also decrease. The rent varies simultaneously with the location and condition of the house. Alcohol is highly taxed and hence expats need to manage their social life meticulously to manage their trips to pubs and clubs.

Heavy taxes are levied on luxury cars and hence it is better if an expat has a compensation package which includes car allowance. Public transport in Singapore is convenient, affordable and well maintained. Rentals can be reduced by sharing an accommodation or by relocating to a location which is bit far from the centre of Singapore. Living in an HDB flat instead of a condo can result in a lot of savings. Rental cost for an expatriate will be somewhere around SGD 500- SGD 800 when staying in an HDB flat. The same rent goes up to SGD 800- SGD 1800 for a private apartment accommodation in a prime location. Food prices are relatively low in Singapore but an expatriate can save more by cooking at home rather than following an extravagant lifestyle where one dines out on an everyday basis. Cooking at home ensures that the average monthly cost on groceries is around SGD 200 per person. An expatriate family can manage expenses related to public transport at around SGD 300 per month which includes bus and Mass Rapid Transport (MRT) service worth SGD 150 per month.

The healthcare system in Singapore has been ranked best in Asia and the sixth best in the world by World Health Organization. The healthcare costs are minimal and easily affordable. Company formation Singapore ensures that a healthy number of expatriates visit Singapore every year. Utility expenses which include gas, electricity and water lie in a range of SGD 200 to SGD 600 per month. Expats in Singapore enjoy minimal income tax rates which show why Singapore is considered as a paradise for expatriates. Choices are plenty; it all depends on the lifestyle chosen by an expatriate during their stay in Singapore.

Onward, Singapore

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