Category Archives: economic current event

NOKIA AND THEIR BIGGEST LOSS

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Mobile phone company Nokia announced a huge loss in the first quarter of this year.

Nokia revealed a net loss during the first three months of 2012 reached 1.2 billion U.S. dollars.

Nokia Chief Executive, Stephen Elop, said the company is facing much tougher competition from other companies.

“Over the past year which we apply the strategy has paid off. But the challenges and competition that we faced were far greater than expected,” said Elop.

“We recorded a good performance in a number of markets, including in the United States, but took other markets were not as easy as we thought,” said Elop.

He explains the rapid changes in the global telecommunications industry Nokia should continue to make the transition quickly.
Leave Symbian

Under the leadership Elop, Nokia make changes slowly left the Symbian operating system and install Windows on their smart phones.

Named Lumia, Nokia launched a mobile phone Windows operating system in October last year.

Analysts say Lumia has not managed to establish a position in the smart mobile phone market as handset sales data shows this class dropped to 12 million units in the first quarter of this year, while the year before Nokia managed to sell 24 million smart phones.

Overall Nokia sold 83 million phones in the period, down from 108 million were sold on the Nokia 2011.

Responding to sluggish consumer responses to Lumia, which sold two million units worldwide, Elop said was a clear sign that Nokia needs to implement a more aggressive strategy.

Nokia is still the largest cell phone maker in the world, but the popularity of smart phones made ​​by Samsung and Apple makes Nokia market share continues to shrink.

ASIA STOCK: DOWN

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Asian stocks fell on Monday, March 12, 2012, as investors waited for the moment the U.S. employment data, which could lower the expectations of policy easing ahead of U.S. Fed meeting. Meanwhile, fears of a slowdown in China’s economy is also an additional negative sentiment.

As quoted by Reuters, MSCI Asia Pacific excluding Japan fell 0.3 percent after rising as much as 1.3 percent on Friday – though down 1.5 percent in the week.

Japan’s Nikkei index rose on average to its highest level in early trade on Monday, after rising 2 percent on Friday to the summit at 10,000 level for the first time in seven months.

Greece managed to avoid the immediate threat of an uncontrolled standard when a number of private creditors agree to exchange the bonds on Friday that would cut the public debt and provide a path for a new bailout.

While Europe’s debt-related concerns will not fade with the completion of the debt swap Greece. According to Barclays Capital analyst’s current focus is likely to change to global growth and monetary policy.

Data last week showed China’s trade balance fell U.S. $ 31.5 billion in February. It shows weak foreign demand.

THE CAPITAL MARKET INDUSTRIAL EDUCATION AS PART OF FORMAL EDUCATION CURRICULUM IN INDONESIA

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A number of capital market participants to assess specific curriculum needs to enter the capital market in the formal education in Indonesia. This is intended to encourage higher domestic investors to enter the capital market. Just imagine 250 million people of Indonesia, the people involved directly to investors just hover around 300 thousand. Of course this is a very small number.

For this reason there is need for a way to enhance the growth of the financial investment industry / public capital markets in Indonesia. The prospects for stocks and derivatives industry in Indonesia, if people are properly educated, then the concerns that had been inherent in the society of the capital markets industry could be lost. Image of the stock and derivative products industry in Indonesia is relatively less received a positive response from the community. This formal special education simply is not only useful for strengthening the investor base, but also will improve the quality of Human Resources (HR) in the industry.

HR needs in this industry will be very high, while the world of education in Indonesia has not entered a specific curriculum and applicable on shares and derivatives, but education is not only an impact on an increasing number of investors but also of human resources in the industry at large.