Month: April 2018

Exporting in Malaysia

Business Management blogger

Exporting in Malaysia is subjected to the “First Schedule to the Customs Duties of 1988” that lays down the procedure for charging export duty that is applicable to particular types of goods. The goods meant for exporting in Malaysia, whether by air, sea, rail, road or pipeline, are subjected to pay duty or duty free, must be presented for examination at the place of export or at any other place that is considered appropriate by the custom authorities. It is necessary to lodge an export declaration in order to get the permission for a particular export. The Export Declaration Form can be filled by the owner of the firm, the exporter or agent that is approved by the custom authorities and is authorized by the exporter or the owner.

The goods meant for exporting in Malaysia should also be accompanied by certain documents like commercial or export invoices, documents ascertaining the origin of the goods, relevant bank documents, necessary export license, especially if the goods are restricted and prohibited by the Customs, packing list and KPWX form for Foreign Exchange Control if the worth of goods exported is equal to or exceeds RM 100,000.

There are certain goods that are absolutely banned for export in Malaysia. The list includes turtle eggs, rattan, petroleum and related products, arms, weapons, ammunition, military equipments including vehicles and spare parts, and equipment for police. The goods prohibited from exporting in Malaysia, unless accompanied by relevant export license include sugar, rice and paddy, eggs, meat, live animals, cockles, skin and parts of birds, minerals and ores, plants, coral, live fish, oil palms, milk and related products, rubber seeds, waste paper, logs and timber, scraps of iron, copper, tin and other metals, palm seeds and all goods to Israel.

In a current scenario, those involved with exporting in Malaysia are expected to experience negative growth because of the global recession. However, as per the report released in 2008 by Ministry of International Trade and Industry, Malaysian exports will continue to gain significantly because of the increasing demand of its goods in countries like United States, Japan and those belonging to European Union.

Electrical and electronic goods, chemicals and chemical related products, machine and related products, appliances and related parts will remain the major items that are exported from Malaysia during 2009. Major regional markets for Malaysian goods including ASEAN countries, Africa and West Asia are likely to maintain their requirement for the goods exported from Malaysia in the year 2009. Furthermore, the manufacturing sector will remain the main leading export sector in 2009 as it was in 2008. Electrical and electronic goods are expected to be the main products that will lead the export sector in Malaysia in 2009. Other major exports that are expected to be mainstay of the exporting business in Malaysia in the year 2009 include petroleum and related products, crude rubber, palm oil and liquefied natural gas (LNG).

Exporting in Malaysia has improved during the recent months as in comparison to the first quarter of 2009 mainly because of the rise in demand for Malaysian goods in China and ASEAN countries. The exports in Malaysia are expected to grow further with the recovery of the major world economies.

IT Service Outsourcing Factors to Consider

Business Management blogger

When your business is growing, its hard to tell at what point you should consider outsourcing your IT service. One of the first things to consider is if your business is even ready for this. Take a step back and look at the big picture: are all areas of your business ready to engage in outsourcing? Do you have enough money in your budget to hire an outside company to take on this task? Bear in mind that if you dont have to worry too much about your business IT needs because there is another company handling them, that will allow you to put more of your attention on other aspects of the business, like administrative tasks. But also keep this in mind if your employees need any training on this new technology, you will have to allot time and money for this training, so be sure that is in the budget too.

Consider if the part of your business you are trying to outsource is your core business. If it is, you might not want to outsource it. But if you decide that this is the best bet for your business and the outsourced aspect isnt part of your core business, here are a few things to think about while youre in the process of hiring an IT service.

First, while it will help if you think about your budget, dont focus too much on the cost when it comes to choosing your IT service provider. Bear in mind that you get what you pay for! See how much the entire package will cost: from upfront money to monthly service fees.

Second, look into what service-level agreements the IT service company offers and focus on the monthly reporting they should provide to you. Are the services they are providing worth it? Do the savings align with your original goal?

Third, look into what brands the IT service company offers and supports. Are they well-known brands with good reputations? Does your IT service company offer a choice among those brands? If the answer to either or both of these questions is “no,” you may want to keep shopping around for a better IT service company.

Fourth, word of mouth is often the best way to find a good service or product. Ask colleagues and other business owners about their experiences outsourcing their IT service. Who did they end up hiring (or firing) and why?

If you keep these in mind while going through the process of finding and outsourcing an IT service, this information should be a good jumping-off point.

International Universities in Bangkok

Business Management blogger

International university, what does that mean? In the Thai context, this term is used to describe an institute of higher education where English is the language of instruction. In most cases, it would be more politically correct to talk about international colleges, faculties, or programs, which are parts of existing Thai universities. But the question is: “why English”? The answer is quite simple. It is because English is the lingua franca of the modern globalized world. It is a common language used in the publication of scientific research. It is also prevalently used in conducting international business. People who know and speak English well have great advantages compared to those who don’t. In Thailand, English is a de facto second language. Even though the law does not recognize it as such, but it is indisputable that numerous Thai companies require their employees to speak English, let alone foreign companies and corporations. Even street vendors in Bangkok are able to speak English, however minimal, to communicate with their customers of various national backgrounds.

Given numerous opportunities that are the by-products of the ability to speak English, many students seek various means to improve their English skills. Thus emerged the strong demand for post-secondary education in English. In order to meet with this demand, top universities in Thailand began developing English programs, and later on they established themselves as international universities. This allows for a broader range of education as most books and countless forms of educational publication are available in English. Most of these international universities are located in Bangkok and its metropolitan peripheries. The following list is comprised of some well-known universities in Thailand where English is the language of instruction (in alphabetical order).

Chulalongkorn University
Chulalongkorn University, or simply Chula amongst Thai speakers, is located in downtown Bangkok, right in the centre of commerce known to all Thais and foreigners as Siam. It is within a walking distance from the BTS SkyTrain, which enables easy accessibility to the campus. Many Thais believe in the prestige of this institute as it was established by one of the Chakri kings of the past. The university offers a variety of undergraduate programs in English. These programs are categorized according to the faculties to which they belong. It is notable that fees between Thai citizens and foreigners differ substantially. The university requires varying scores from one of these examinations IELTS, TOEFL, SAT, or CU-TEP. These are the courses offered by Chula at the undergraduate level:

Faculty of Commerce and Accounting
Accounting
International Business Management

Faculty of Economics
Economics

Faculty of Science
Applied Chemistry

Faculty of Engineering
Nano Engineering
Automotive Design and Manufacturing Engineering
Information and Communication Engineering
Aerospace Engineering

Faculty of Architecture
Architectural Design
Communication Design

Faculty of Communication Arts
Communication Management

Faculty of Arts
Language and Culture

Faculty of Psychology
Psychological Science

Mahidol University International College
Mahidol University International College or MUIC is a part of Mahidol University, a renowned institute of higher education named after Prince Mahidol, the father of King Rama IX. Its main campus is located in Salaya, but it is easily accessible via the Salaya Link, a shuttle bus system between Wongwian Yai BTS station and Salaya provided by the university. The International College is well known for its high English standard of admission. It has a reputation of being the first public university to offer an international degree program. The aim of MUIC is to provide its students with a liberal arts education to promote the culture of learning so that the students are well-rounded. It accepts tests scores from one of the following tests in addition to its own admission examination: IELTS, TOEFL, and SAT. Currently, MUIC offers the following undergraduate degree programs:

Bachelor of Arts
Social Science
Communication Design
Entertainment Media Production

Bachelor Business Administration
Business Economics
Finance
Information Systems
International Business
Marketing
Tourism & Hospitality Management

Bachelor of Science
Applied Mathematics
Biological Science
Chemistry
Computer Science
Environment
Food Science and Technology
Physics

Bachelor of Nursing Science
Nursing Science

Thammasat University
Thammasat is known for its involvement in the politics of Thailand. Its international programs are organized on the two campuses: the Prachan campus downtown and the Rangsit campus in the outskirts of Bangkok. Even though Thammasat’s international programs do not have the longest history in Thailand, it has a great reputation which it has upheld. Similar to other universities, Thammasat accepts IELTS, TOEFL, and SAT test scores as part of its admission criteria. These are the programs offered:

The Combined Bachelor and Master of Political Science Program in Politics and International Relation
Bachelor of Business Administration
Bachelor of Economics
Bachelor’s Degree in British and American Studies
Bachelor of Arts in Business English Communication
Bachelor’s Degree in Engineering, Science and Technology
Double Degree of Engineering – Twinning Engineering Programmme
Bachelor Degree of Engineering – Thammasat English Programme of Engineering
Bachelor’s Degree in Journalism (Mass Media Studies)
Bachelor’s of Arts in Chinese Studies

Famous Scottish Entrepreneurs

Business Management blogger

Invention and entrepreneurship are concepts that are synonymous with Scotland. Scotland has a long standing tradition of producing world renowned inventors and entrepreneurs. The invention of the steam engine, television and penicillin can all be attributed to Scottish inventors and in this article I would like to highlight some of the most famous Scottish entrepreneurs of recent years.

Arnold Clark

Sir Arnold Clark grew up in Glasgow and joined the RAF in 1944, aged 17. He rose quickly through the ranks eventually becoming a Corporal and a Motor Mechanics Instructor. Upon leaving the RAF, Clark began buying and selling cars, and opened his first showroom in 1954 in Glasgows Park Road. Arnold Clark Automobiles is now the largest car dealership in Scotland, with over 145 car dealerships throughout the UK.

Michelle Mone

Michelle Mone OBE is the co-owner of MJM International and creator of Ultimo. She grew up in Glasgow and began her corporate career with Labatt Brewers. She rose quickly through the company and was running the Sales and Marketing department by the time she was 20. In 1996, came up with the idea to create Ultimo after wearing an uncomfortable bra to a dinner dance. Today Ultimo is one of the UKs leading designer lingerie brands.

Sir David Murray

Sir David Murray was born in Ayr in 1954 and educated at Ayr Academy, Fettes College and Broughton high School. By the age of 23 Murray had set up the metal company, Murray International Metals Limited. The Murray Group has expanded to include a wide range of industries including property, call centres, venture capital and mining.

Sir Brian Souter

Sir Brian Souter is another famous Scottish entrepreneur. Sir Brian Souter started his working life as student bus conductor while studying at University. Upon finishing University, Sir Brian Souter began working with Arthur Andersen, a leading chartered accountancy firm. In 1980, using his fathers redundancy money, Sir Brian Souter established Stagecoach Group with his sister. Thirty years later Stagecoach is one the largest transport companies in the world with 13,000 buses, coaches, trains and trams, employing over 30,000 employees worldwide. Sir Brian Souter also founded Souter Investments and the Souter Charitable Trust.

Business Management Help for Effective Results

Business Management blogger

Management helps basically emphasize on how to convert minimum effort in maximum output. It is concerned with acquiring maximum prosperity of an organization with minimum efforts.

Management assignment help is essential part of every business where group efforts needed to be directed towards a common objective. Effective management of manpower, money and material result in a sound business along with goodwill in market, whereas absence of good management result in loss fall of business entity. Business is basically a group activity where every single contribution is valued and management plays significant role in making it more effective. Unless there is mutual correlation and coordination among all the members of the group the best service cannot be obtained. So management is considered as backbone of any organization.

Just like we manage everything in our personal life to achieve our goals so as business entity to achieve their goal of profitability and satisfaction of customers. Management can be broadly divided into two major heads-

Business Management – It focus on aligning all aspects of an organization with requirements of clients. It promotes business in effective and efficient manner and strives for innovation, integration, flexibility with new technology to launch in market. Unlike Financial Management, business management applies managerial skills in every department, hierarchy, and manages all round working in an origination.

Financial management – A branch of management which focuses on managerial significance of finance techniques. Financial management includes dealing with monetary transaction and making provisions, strategy and decision for the business enterprise to incur day to day expense and minimize cost. The importance of financial management is that they make such monetary and fiscal tools which can produce maximum output with minimization of cost and earn more and more profit.

Many critics underestimate the importance of Business Management. But with the growth of industrial sector and advancement of technology, the importance of Business management is realized everywhere. Input factors such as capital, labor, raw material can never became a product without the catalyst of management.

Considering all these important implication of business management help and commercialization of economy, this subject has been included in study so that interested students may opt this subject and render their best service towards development of economy.

But as this subject is very complicated, most of the students feel difficulty in understanding the basic rules of business. Inadequate teaching facilities also discourage the students form opting for this subject. But internet has made this search very easy for students. Assignment help can easily be taken for internet. It can also be used to understand basic principles of business studies.

Theglobaltutors offer online education tutoring in all academics subjects for all students from university, college and doing their graduation and exam preparation To get one on one Business Management Help and Assignment Help you need to register on live chat For schedule your class, Homework Help, and Assignment Help.