Infrastructure investment essential for SA shipping industry

The shipping industry is a key player in South Africa’s major successes despite global economic insecurity, but investment in infrastructure is the only way for it to continue to thrive. To safeguard the shipping industry for the future and keep the ‘gateway to Africa’ open, stakeholders and businesses must consider the opportunities open to them when it comes to investing in innovations and infrastructures to support new vessels.

The vast majority of South Africa’s important and exports are transported by sea, making it an industry that had weathered hard times well and one that is guaranteed to continue to perform well in the future. For businesses to be able to continue to capitalise on this success, they must think about making changes for the future during a period of relative stability for the industry.

Ports, terminals and rails are among the essentials that the SA shipping industry should be considering as ripe for innovation. To remain strong and continue to capitalise on the commence already in hand, thinking ahead of the curve and creating new infrastructure that can keep up with the demands of tomorrow is key. The country remains strategically positioned to access global trade routes and hold a prominent economic position in Africa, but these strengths could be eroded in time, as other countries and industries advance their own technological prowess.

To be able to afford to invest in the future, many shipping companies are being forced to look as ways to boost efficiency. A global economy suffering from recently recessions and financial disasters has ensured a period of stagnation when it comes to prices for freight shipping, which may be set to change in the future. However, increases in price cannot simply be passed on to customers and clients, forcing shipping innovators to instead look for ways they can boost their productivity while cutting costs.

Energy is an area that is offering many shipping businesses the opportunity to save. By moving away from costly legacy systems and taking advantage of some of the state-of-the-art, environmentally responsible generators that are currently available, they can boost efficiency and cut overheads. New and improved temperature control equipment can also offer huge savings for shipping companies that have to spend a lot of money on keeping cargo at a particular temperature. Modern, efficient solutions can cut power consumption while ensuring temperatures are perfectly regulated.

By looking at areas that are currently functioning but may not be performing to the best of their abilities, shipping companies have the opportunity to scale down their expenses and free up more money to invest in the kind of innovations that will safeguard the industry for the future. To remain profitable in the long term, it is essential to look beyond yearly bottom lines and to instead search for ways they can make long term improvements, this allows them to harness the improvements in essentials such as power generation and look forward to new infrastructure that will be able to take advantage of the advancements.

The Impact Of Inventions On The Printing Industry.

Copyright 2006 Smarket Limited

Printing is not something one may think of often, but it does impact our lives everyday. From the morning newspaper to church on Sundays, printing is important to our society. Without printing we wouldnt have books, papers, magazines or many other information tools. To truly understand printing one must look at the machines, processes and technology that has shaped its history.

The construction of machines have taken printing from hand cranked to high power. The first papermaking machine which developed rolls of paper was made in London in 1803. In 1846 Richard March Hoe made a rotary press that arranged printing plates on a cylinder, pressing them onto the paper. In 1866 a machine was invented for the purpose of folding newspapers. In 1884 the typesetting machine, invented by Ottmar Mergenthaler in Baltamore, made printing easy. All of these inventions started methods that are still used today.

The introduction of certain processes also helped to revolutionize the printing industry. Steam power first came to be used in printing in 1810. This replaced the old hand operations of the past, making the whole process faster. In 1798, Alois Senefelder invented the process of Lithography. It involved ink applied to a plate and then transferred to a roller that then rolled the images onto paper. This was the basis for processes still used today.

Technology has impacted every industry, but perhaps has really improved the printing industry. The introduction of computers make setting up type and tone much easier. Laser printing and digital printing have sent the process to new heights, allowing printers to do more than ever. High definition abilities make todays printed material of the highest quality ever seen.

With the combination of new advances in machinery, processes and technology the printing industry has grown and changed. It is an important part of daily life and with its evolution through history has become even better.

Package Delivery Industry

The package delivery industry is a very competitive one that has grown exponentially in the last few years. With greater numbers of businesses operating globally, parcel shipping has become an important element of the economy. Parcels can come in many different forms and providers offer customers many options when it comes to shipping them to their ultimate destinations. No longer is it necessary to send parcels by the same means to every stop, now customers can opt for package delivery to any place based on their personal deadlines and their preferences. The package delivery industry has come a very long way.

When it comes to package delivery, there are several ways that you can go about it. You can send your parcels by sea, air or road. The method you choose for your parcel shipping needs will depend entirely on the kind of turn around you require and, naturally, your budget. The most economical way of shipping your parcels, if they are going to an overseas destination, is to expedite them by sea freight. Sea freight is entirely affordable because ocean liner cargo ships can hold several tons of parcels. As sea going vessels can carry a very large load, the cost is shared by a greater number of customers. Furthermore, for additional cost savings customers can opt for package delivery involving several stops, which helps to reduce the price of parcel shipping drastically. Naturally, such package delivery options will take much longer than if you choose another form.

The quickest method of package delivery is using air freight. Sending your parcels through air freight can get them to their destination overnight if needed. However, such convenience and rapidity will cost customers. Choosing this option is ideal for anyone needing to get a package to a certain place quickly. The last method of shipping your parcels is through the use of road freight. Road freight is also an economical method of expediting parcels although it does have one limitation it can only be used if the destination to which you are shipping your package is connected by a land bridge. Road freight is not as quick as deliveries done by air, but it is relatively fast.

The package delivery industry as a whole has experienced tremendous growth in recent years. The explosion of opportunity created by the internet and the breakdown of global trade barriers has meant that merchants are able to sell their products and services to markets otherwise out of reach. It has also meant that these same merchants are now in need of quick forms of delivery. As a result the parcel shipping industry has had to evolve quickly in order to meet the sudden demand for services. Fortunately, the infrastructure needed to support this industry was already in place. Now, that same infrastructure is being used, in many instances, to capacity. In order for the industry to continue to grow, it will have to either start building new facilities to accommodate the new needs. Unfortunately, it will not be possible for the industry to build quick enough to keep up with its growth and therefore, the industry will have to slow down for very practical reasons.

Automobile Industry In India

Car-ownership is a symbol of economic progress and is very high on a consumers wish list of products. The face of the Indian automobile market has changed tremendously since the turn of the millennium and will change even further since Nano. Indian automobile industry has metamorphosed into a great industry since the first car ran on the streets of Bombay in 1898. Today, automobile sector in India is one of the key sectors of the economy in terms of the employment. Directly and indirectly it employs more than 10 million people and if we add the number of people employed in the auto-component and auto ancillary industry then the number goes even higher.

The automobile industry lists heavy vehicles like the trucks, buses, tempos, tractors, private or commercial passenger cars and two-wheelers. The automobile sector in India underwent a metamorphosis as a result of the liberalization policies by the government since 1991 which included relaxation of the foreign exchange and equity regulations, reduction of tariffs on imports, and refining the banking policies. After the automobile industry opened to direct investment from foreign countries in 1996, global automobile industry majors moved in. Automobile industry in India also received a boost from stringent government auto emission regulations over the past few years. This ensured that vehicles produced in India conformed to the standards of the developed world.

Indian automobile industry has also become an out sourcing hub for automobile companies worldwide, as indicated by the zooming automobile exports from the country. Today, GM, Ford, Hyundai, Honda, Mitsubishi and Toyota have set up their manufacturing units in India. Due to rapid economic growth and higher disposable income it is believed that the success story of the Indian automobile industry is just beginning. Factors influencing the growth of the auto industry include sales incentives, introduction of new models as well as variants and easy availability of low cost finance with comfortable repayment options continued to increase demand and sales of automobiles.

The major characteristics of Indian automobile sector are:

Indian automobile is the second largest two-wheeler market in the world
Indian automobile fourth is the largest commercial vehicle market in the world
Indian automobile is the 11th largest passenger car market in the world
The Indian automobile will be the world’s third largest automobile market by 2030

Trend of Growth of the automobile industry in India:

Growth of exports of 32.8 % in commercial vehicles as against passenger cars
Output of commercial vehicles has grown 2.8 times compared to the 2.2 times increase in passenger cars
Two-wheeler output continues to dominate the figures of the sector
In 2003-04, for every passenger car turned out, there were 7 two-wheelers produced
In the two wheeler segment, there is a greater preference for motorcycles followed by scooters
Mopeds have registered low or negative growth
Export growth rates have been high both for motorcycles and scooters

The Film Industry

With the advancement in science and technology, the film industry all over the world, has grown immensely and contributes significantly to the worlds economy. The film industry has both commercial and technological benefits that have led to further growth of many countries economy. Currently, the film industry is controlled by the Hollywood and Bollywood film makers. The work and processes in the film media technology involves a lot of work in cinematography, film production, script writing, screen writing, pre and post production, directorship, film studios and finally distribution.

The film industry is a large job opportunity provider for many people who are jobless. The industry needs a lot of financial backing and thats the reason that many countries have not been able to invest in it well. The industry has its own big players who have been around since time in memorial and who have large control over it. Some companies like Disney and Universal studios have been around for some time and are major contributors in this industry.

The film making process involves a lot of work and purchasing of a lot of materials. The expenses involved are high and the process needs a company that has money and time to spare. The equipment and film materials used needs the investor to put undisrupted amount of capital that will be specific for the film company. However, many multi-national companies have invested in the industry and are now funding the business.

The Bollywood movie industry is not that old in the market but it has made a huge a gigantic entrance into the industry. Some of the movies made by the Bollywood industry have recently gone on to scoop awards in international film and music awards. The industry has great actress and actors and no wonders the products coming from it are taking the world by storm. Bollywood actresses are elegant and full of surprises before the screen. One of these personalities is Bollywood actress, who has caught the attention of the media fraternity and is a darling to many film viewers is Bachchan Bahu. She is a former Miss World and is also the brand ambassador of a Swiss watch company. Top Bollywood actress Bachchan Bahu is making a good buck from the industry.

The oldest and most loved movie industry is the Hollywood movie industry. It started operations in 1911 and has been in the limelight till now. Producing the best block buster movies, Hollywood is a darling to many. It also has re-known and some of the best movie actors and actresses in the world. Hollywood actress Angelina Jolie is one of the highest paid and most re-known personalities in the industry. The movie industry has over 2.4 million Americans and is a large major contributor to the US economy.

The world’s cashmere clothing and industry trends

Cashmere is the world’s rare animals, rare specialty fiber, textile industry, high-grade raw materials, known as the “diamond fiber” and “soft gold.” It is the goats to ward off the cold in the mountains, a layer of wool and root growth of delicate and abundant hair, referred to as cashmere. The more cold weather, cashmere and more rich, more slender fibers. As the Kashmir region of Asia has historically been the hub of cashmere export to Europe, so cashmere in the international market accustomed to being known as Cashmere, China uses its homonym for “cashmere.” Compared with other fibers, cashmere has a gloss natural, soft, pure, gorgeous and so on.

1, the world wool industry overview
1. Production profile
The world’s major cashmere producing countries are China, Mongolia, Iran, Afghanistan, Kazakhstan, Kyrgyzstan, Pakistan, Turkey and other countries. China is the world’s largest producer of cashmere production, accounting for more than 70% of world output; Mongolian cashmere production of about 20%, there is rarely a part of cashmere production in the rest of the country. As an important economic value of cashmere and a variety of uses, since the 20th century, 70s, Australia, New Zealand, Scotland, the United States, also have begun to develop cashmere industry.

In China, Inner Mongolia, Xinjiang, Tibet, Qinghai, Gansu, Ningxia, Shanxi, Hebei, Shanxi, Shandong and Liaoning cashmere region is the main producing areas in China. Inner Mongolia is China’s largest number of cashmere goats, cashmere Cashmere advantage of the highest-producing areas. About the world cashmere production of 1 / 3 (Table 1), known as the “World cashmere look at China, look at Inner Mongolia Cashmere” consensus.

2. Quality Overview
The value of wool affected by three kinds of factors: fineness, length and color. International Textile industry demands for cashmere fineness with a diameter of 13.0 ~ 16.0 m for the best in the international market 16.0 m in diameter below the maximum length of a long cashmere prices, with the diameter of bold price also brought down. Colors are divided into Cashmere, blue velvet, Zi Rong, including Cashmere most precious, the world’s cashmere production accounts for only about 30%. Mongolian cashmere production, color to blue, violet-based, about 5% of White Cashmere, 70% of blue velvet and Zi Rong, length 35 ~ 37mm, fineness between 13 ~ 15 m. Afghanistan, Iran, Kazakhstan, Kyrgyzstan and other Central and West Asia countries produced velvet, color to dark mainly coarse fineness, length short, feel worse. Afghan cashmere fiber diameter of 16.5 ~ 17.5 m; Iran cashmere fiber diameter of 17.5 ~ 19 m, only textile and woolen cashmere products: cashmere fiber diameter of the Don in Russia 19.5 m; Turkey cashmere fiber diameter of 16 ~ 17 m: Australia feral cashmere fiber diameter of 16.5 ~ 16.9 m. China’s cashmere is not only a good fineness, fiber diameter of 13 ~ 15 m, and a higher proportion of white cashmere, accounting for about 40%.

In northern China, including Xinjiang, Qinghai, Gansu, Ningxia, Inner Mongolia, Liaoning and other places, mainly produces more than the length of 34 ~ 42mm white dehaired cashmere. Is the main raw material for knitwear; the central part of Shaanxi, Shanxi, Shandong, Hebei and so on land. 22 ~ 32mm of dehaired cashmere products suitable for production of woolen woven products. Tibet Zirong to fineness 14.8 m, the length of 34mm to feel good, pure color and unique style, influenced by popular. Liaoning Cashmere goat Cashmere high volume of individuals. Alashan Inner Mongolia cashmere goats, cashmere goats Arbas, Erlang mountain goats, and Chifeng Saihan known Cashmere goats produce cashmere in Need “white in white” (the length of 36mm or more, fineness 15.3 m below) and Tibet Breeding of the northern Tibet since the production of Cashmere goats, quality Jia.

Second, the world’s cashmere industry’s trade status
United Kingdom, Italy, Japan, the United States and other countries are the world’s largest cashmere importer. According to “China Customs Statistics Yearbook,” Statistics show that in 2006, Italian imports of raw cashmere 2254t, British imports 408t, Japan, 345t, the United States due to the impact of slow economic growth, imports of raw cashmere less than usual.

For cashmere-exporting countries in 2006, exports of raw cashmere Mongolia 927t, export value of 22.224 million U.S. dollars: Kazakhstan out of 121389t, export value of 1.514 million U.S. dollars; Belgium out of 121318t, exports amounted to 2.264 million U.S. dollars: Turkey out of 121119t; Iran exported 115t. Read from the global pattern. Cashmere industry in recent years, great changes have taken place. The first is the United States to phase out large-scale production enterprises; followed by Japan, a lot of cashmere industry is shrinking. Because of their high cost, the Japanese textile industry have moved their factories produced in China. Dehaired cashmere imported from Japan in 1989 had 1000t, 2002, imports less than 400t. The traditional European cashmere producing countries such as Britain, Italy and other countries. Due to high labor costs, is also beginning to shift to the Chinese textile enterprises.

Branded Intimate Apparel Industry France Market Overview

In the perspective of lingerie’s, men are only left to wonder, ‘boxers or briefs’ whereas; a woman’s physique being sculpted and adorned in a unique way of its own, offer a wide assortment of choices. The market for women’s wear lingerie is being manipulated by the advent of modern technologies and fabrics that make new designs, and innovative intimate wears. These products have a higher profit margin than any other regular apparel. New trends in lingerie and fabric emerge exclusively from Europe and predominantly from France and Italy. France is at the forefront of fashion lingerie’s. Designers in France give more focus on rich looking fabrics, vibrant hues, laces, and embroideries. Just as their fashion, French lingerie’s also exhibit richness and elaborate embellishments that are preferred worldwide.

French Lingerie Industry Overview

France contributes to the origin of the word ‘lingerie’ which in French means ‘washables’. French lingerie’s come in sophisticated different lines; basic, sexy, and flirty, fitting every season. The designs are akin to both classical and modern look, and make a woman fit in line with the trend, while rendering her to ‘stand out’. They are available in a wide range of materials, tailored efficiently in different cuts and types, styles and colors. Their lingerie making techniques are based on centuries of expertise.

Current lingerie industry in France is valued to be $3.1 billion USD, and is further expected to increase by 0.8% consecutively for the next five years. French consumers spend about 13 billion euros a year on the purchase of lingerie’s. A lingerie industry survey states that French women spend 20 percent of their fashion budget on lingerie’s. Sale of lingerie’s account to 18% of total sales of women’s wear apparels in France. On an average, a French woman buys five lingerie’s in a year and one night gown every 19 months. Women in the age group of 15-34 purchase more lingerie items than women of other ages spending $92.4 annually on the purchase of intimate wears. Women in the age group 50-64 have a bigger budget and spend more than $100 a year for the purchase of lingerie. Much contribution to the lingerie industry comes from the women of this age group. Comfort is the prime consideration behind their purchase. French women are sensitive towards tones, textures, and prefer practical fabrics that are easy to care and non allergic. They like soft fabrics with micro fibers. Corsets, especially brassieres comprise the largest segment in the lingerie market.

Exquisite Brands from the Fashion Capital

Over the past decade market trends have changed offering creative products. Brands like Dolce, Gucci, Dior, and Gabana have expanded their market through these types of products. Several stores and boutiques in France specialize in unique items of French intimate apparels. Agent Provocateur is a classic and couture lingerie brand. US companies have good opportunities in this sector, and have superior brands that appeal to the preferences of the French consumers. Warnaco’s Lejaby, Calvin Klein, & Warner’s, Sara Lees’s Playtex, Dim, & Wonderbra, and VF Diffusion’s Bestform, Lou, Variance, Bolero, & Vassarette, enjoy a good market in France. US are predicted to have a promising market in France as French consumers are becoming more receptive to American fashions.

However, domestic brands do have a strong hold in the French market. The top five intimate apparel brands in France are Lejaby, Simone Perele, Chantelle, Aubade, and Barbara. Domestic brands like Lise Charmel, Ravage, Rien, have a reputed market. Brands of Swear and Audrey have a sales figure three times more than imported lingerie’s. Brands like Pour Moi and Chantelle have achieved good revenues. Sold in more than 50 countries, Chantelle is the top French brand in the world.

What is Hot in the French Lingerie Market

France offers a fashion fiesta of lingerie’s for the fashion savvy women of today. Brassieres with cut seams, molded shape and nave embroideries, transparent body suits, classic demi-cups with underwire, intimate wears in ultra simple shapes with decorated graphics, camisoles with transparency and layering are a few items that sell in the market like hot cakes. Lingerie’s made from fabrics of fine opaque knits, voile knits, organza, blended woven stretch products, and fine tulle fill the stores in France. Cotton, linen, microfibres, laces, and tiny mesh fabrics also have their share in the making of these garments. Appealing intimate apparels in shades of indigo, cobalt lavender, tone-on-tone colors with hues of pink, red, and orange, opaque & translucent white and pastel tones of parma and blue are the shades most sought after by ‘French mademoiselles’. There is a resurgence of fashion of the early 40’s and 50’s among the French designers. Sensual fabrics with subtle lines in complementing hues have made their appearance. Aubade lingerie’s exhibit the grace of the geisha in soft, feminine intimate apparels. Flower motifs supplemented by leavers lace demonstrate an intimate feel.

Gaming Market – Global Industry Analysis, Size, Growth, Share & Forecast, 2011 – 2015

According to a new market report published by Transparency Market Research “Gaming Market – Global Industry Analysis, Size, Growth, Share and Forecast 2011 – 2015”, global gaming market was worth USD 70.5 billion in 2011 and is expected to reachUSD 117.9billion in 2015, growing at a CAGR of 13.7% from 2011 to 2015. In the overall global market, The Asia pacific region is the fastest growing geographical segment till 2015.The demand is forecasted to increase in the upcoming years worldwide due to advanced gaming features and increasing number of internet users.

Browse Global Gaming Market

The Global Gaming market is influenced by the emerging number of users who take up gaming as the best tool of entertainment. Consumers look for exciting world of interactive entertainment at their finger tips. Consumer’s interest has reflected into robust growth of the industry. The users range from the age group of 5 years to 45 years. The Gaming industry is divided into software market and the Hardware market. The hardware market comprise of the physical instruments such as consoles, Gaming Hardware tools, PC, Laptops, Mobile, Tablets etc whereas the software market includes the new gaming software development . The software market accounts for the maximum share in revenue generation than the hardware market which is followed by the revenues generated by online gaming market.Gaming has boost up due to increase usage and supportability on Laptops, Mobile, and Tablets etc.There are millions of games which are available for free on the internet or at a very minimum price.

The availability of high speed internet connectivity, Sophisticated gaming techniques, Efficient hardware compatibility, increased disposable incomes, are the drivers which provides boom in the gaming industry.Fraudulent gaming, maturation of the technology and innovation in other entertainment industry proves to be a restrain in the growth of gaming industry. There is a vast scope on the gaming industry. Game developers can emphasis on non core products by providing valuable new products and services. More inputs on the concept of online gaming can be beneficial for the growth in the industry. Mergers and acquisition of the gaming companies with the service providers can bring makeable change in the industry.

The whole video gaming industry can be classified into various segments based on factors like by,Components (Hardware, Software, Infrastructure Enabling technologies), by Geography(U.S, Europe, Asia Pacific, RoW)and by application in hardware and software. Nintendo, Sony, Microsoft are the major market players in the gaming industry. There are also other players who have significant market share in the industry such as, Zynga, Apple, EA sports, Disney entertainment, Activision Blizzard and others.

This research is specially designed to estimate and analyze the demand and performance of Gaming industryin global scenario. This research provides in-depth analysis of gaming product manufacturers, product sales, and trend analysis by segments and demand by geography. The report covers all the major applications of the global Gaming market and provides in-depth analysis, historical data and statistically refined forecast for the demand of Gaming. The study presents a comprehensive assessment of the various opportunities in the gaming market on the basis of its applications across sectors.

Browse http://www.transparencymarketresearch.com/global-gaming-market.html

China watches industry crisis and forward-looking

In 2005, China’s exports of the entire national economy as a major bright spot, with a total value to achieve 762 billion U.S. dollars, up 28.4 percent. And watches the situation but it falls short of exports, over the years by curbing growth in a row, table clocks and have different levels of export decline. According to customs statistics, in 2005 bell and bell parts exports 629.6 million U.S. dollars, up 0.51 percent decline, in which the mechanical clock export volume fell 25.14 percent and exports fell 14.17 percent. Tables and Table parts exports 1,289,900,000 U.S. dollars, fell 5,29%, with the number of mechanical watch exports fell 39.58 percent and exports dropped 12.18 percent year-on-year; electronic watches export volume fell 14.28 percent and exports fell 4.68 percent. There are not counted replica watches market.

Looking ahead and predict the future development prospects of our watches, we make judgments and conclusions are “not optimistic.”
Therefore, in order to enhance the future development of the watch industry to enhance its competitiveness in the industry bigger and stronger nation watches, mainly on the following aspects: to enlarge and strengthen China’s national brands of watches and clocks, watches brands to build China’s “aircraft carrier.”

First, economic globalization in the world market today, watches from the industry’s competitiveness in export of products, export of capital to enter the output stage of the brand. China clocks to watches in the world market leader, not a group or several internationally well-known brand ring David Card does not work. In recent years, Guangdong and Shenzhen as the representative of the nation watches the rapid development of industrial brands, made remarkable achievements. Especially Rossini, according to Bo, Fiyta, kings and other well-known brand’s rise led the South, and China as a whole watch industry as a whole grade level and has greatly improved with the world watches to shorten the gap between developed countries . Shandong Yantai Polaris watches and clocks industry groups around the “play resource advantages, and promote brand strategy, and strive to enhance the overall image of Shandong watches and strength” goals, such as watches Polaris Group attached great importance to establish a sound trademark management system, to form an effective operational mechanism brand and to bring the trademark management gradually moving towards standardization, “Polaris” brand advantages in play. Don’t let the replica Rolex,replica IWC,replica TAG,Omega Watches,Chanel Watch Franck Muller Watch ,Gucci Watch Cartier, Breitling Watches , Omega, Audemars Piguet, and Patek Philippe,Fake Swiss Watches be more part on market.eg. www(.)beyeshop(.)com

To enable the export of watches and clocks are no longer controlled by others, in recent years, many enterprises began to watch the establishment of the domestic marketing network system pay attention to, for example, Polaris watches exports through integrated production and sales channels as well as all aspects of personnel resources, to rationalize the system of foreign trade and exports to give full play to the “North Star” brand export advantages, with international brands to create conditions for competition.

Secondly, as China’s foreign trade and exports for many years one of the major drawbacks, no rules, vicious competition, playing the “price war” the issue of cumulative, it is necessary to solve the problem, not an easy task. But the price system is not straightened out, the Chinese watch industry it is difficult to healthy and stable development. Shandong is China’s wooden bell main production and export base, the annual production and export of wooden bell accounted for more than half of the world, but exports of playing the “price war” issue is also very serious, damaging the wooden bell all the interests of producers to make low-profit enterprises , non-profits or even losses. In this regard, “North Star” decision when a “leader”, starting this year to take the lead in the domestic and foreign trade of wood products mechanical clock full price.

Of course, we want to promote exports, enterprises have much work to be done. For example, to accelerate the pace of technological innovation, the development company’s core technologies; strive to improve product quality, to create products made watches; do a good job of adjusting the product mix to adapt to market changes; do a good job staff building, the introduction and cultivation of talents and so on.

Industry Superannuation Funds

When choosing a superannuation fund, a lot of people want to choose the one that charges them the lowest in management and investment fees and gives them the best investment return. Data from the Australian Prudential Regulation Authority (APRA) shows that over the past decade industry super funds have consistently outperformed retail funds by giving its members higher returns*: thats more money for your retirement.

What is the difference between an industry super and a retail super fund? Retail super funds are retirement funds established by financial institutions and insurance companies that were initially for white collar workers. As one may assume, these companies established retail funds with the intent that they generate profit for shareholders. The competing goals of profit and security for its members retirement funds are seen by some as problematic.

Retail funds tend to have a lot of added bells and whistles, for example advice. The chief executive of the Industry Super Network, David Whiteley, said this in an interview with the ABC in March 2010″For every 1 per cent extra paid in fees to a super fund, members are receiving one-and-a-half per cent less in returns,” and that the average retail fund “is an underperforming and expensive fund.”

Industry super funds are non-for-profit organizations that were started by unions and other industrial organizations for workers in the industries they represented. An industry super does not have shareholders to please. Industry super funds dont pay commission to financial advisers and planners or to insurance companies, which are costs that eat into the value of your super.

The figures in recent years paint a clear picture. A 30 June 2009 SuperRatings study compared the net benefit of one of Australias most popular industry super funds to that of the average retail fund over a period of five years. The difference was staggering: the industry super out-performed the average retail fund by a difference of approximately $4000.Another SuperRatings study showed that another leading industry super fund on average returned $4.30 for every dollar deducted in fees over a five year period ending on 30 September 2010; the average retail super on the other hand returned only $1.70.

In March 2010, research by the Industry Super Network found that retail funds delivered 1.8% weaker annual returns on average when compared to their industry competitors. The Australian reported in December 2010 that industry super funds took all top 10 places in industry researcher Chant Wests ranking. These funds on average had an annual return thats 4.3 per cent above the inflation rate over the past seven years.

Industry superannuation has consistently outperformed its retail counterparts over the past decade for another reason. Industry super funds generally invest in unlisted assets like infrastructure, private equity, and direct property. Retail funds, however, tend to invest in liquid assets, like shares, property, and bonds, all of which are tied to credit. This is especially worrisome after the global financial crisis that began in 2008.

Industry supers are a wise option for those who are concerned and cautious about their post-retirement financial security. While industry super funds were previously open solely to those within the industry the fund was started for, industry super funds are generally open for anyone to join regardless of their occupation since 2005.