The Functions of Stockbrokers

Posted by Editor in Reports on Jan 30th, 2014 | 0 comments

The Singapore Exchange, together with the National Trades Union Congress Employment & Employability Institute, decided to launch a pilot program to help potential stockbrokers and trading representatives develop their skill and knowledge for job placements. If you want to grab this opportunity, you should do your best to know whatever you need about the profession. But before anything else, you need to know the functions of stockbrokers. Functions of stockbrokers or trading representatives include:

Service Clients

Regardless of where you are based, you should know that the basic function of a stockbroker is to service clients. Your clients may come from different firms but the rules for engagement are the same. If you successfully executed the transactions of your clients, you will then be given a commission.

Increase Number of Clients

It was mentioned earlier that stockbroking can give you an opportunity to be an entrepreneur. You can practice your entrepreneurial skill when you advertise and market your services to entice more clients. You need to increase your client’s number by looking for new businesses from the public.

Assist Clients’ Execution Problems

It is your function to assist your clients when they have execution problems. You have to expect that clients will come across different execution problems (like compliance or operational issues). With that, you have to help your clients and make sure that you guide them in any way.

Assist Clients Looking for Products

Stockbrokers are asked by their clients to help them look for products that can yield or generate more income or any product that will give them more advantage. You have to assist your clients when they are looking for products be it commodities or fixed incomes.

Assist Firms

Stockbrokers can assist the firms when they need help with moving inventories or investment/banking operations. If you want to be a broker, you need to understand the needs of your clients and how to help them. You have a crucial part when firms ask you to look for resources to increase or raise investments.

If you think you are up to the challenge, you have to seriously consider this. Do not worry because other stockbroking firms will work closely with the two to bring forth positive results. If you have more questions, you can ask at NTUC and clarify some things. This is a once in a lifetime opportunity. Do not let it pass.

Cities to Visit When Touring America

Posted by Editor in Travel Guide on Jan 28th, 2014 | 0 comments

Travelling makes life fun and memorable. If you are set to travel to America soon, you should know which places to visit. But before anything else, you need to secure your visa so you will not get into troubles with the immigration. You might like to conduct research first so you will know what to do when you get there.

Here are some places worth the visit:

1. New York City

Visiting the iconic city will take your breath away. If you want to visit the highlights, you can start with the Empire State Building, Central Park, Statue of Liberty, Grand Central Station and the Metropolitan Museum of Art.

2. San Francisco

In San Francisco, you can witness the grandeur of Golden Gate Bridge, Noe Valley, Pier 39, Ferry Building, Dolores Park and the Dutch Windmill.

3. Chicago

In Chicago, you will see Millennium Park, Grant Park, Buckingham Fountain, Lake Michigan, Museum of Science and Industry.

4. Las Vegas

Do not miss Las Vegas. There are a lot of things going on here. You can visit casinos or you can simple witness stunning shows. You can also visit Mandalay Bay, Red Rock Canyon and Bellagio fountains.

5. Washington DC

You should never let Washington DC pass. The seat of power deserves your visit. You will know more about American history and politics if you visit here.

6. Boston

Boston is famous for the Harvard School. You can enjoy sights from Fenway Park, State House, Freedom Trail, Boston Public Garden and Museum of Fine Arts.

7. Los Angeles

If you are a movie enthusiast, Los Angeles should never be missed. You will see Universal Studios Hollywood, Getty Center, Griffith Observatory and Nethercutt Museum.

8. Arizona

There is always something to do in Arizona. Sedona is a must-see place. You will surely enjoy the rock formations, resorts and canyons.

Actually, there are many places worth the visit in America. Plan your travel well and you will never waste a single moment.

Lost Your Keys?—What You Should Do Now

Posted by Editor in News Channel on Dec 19th, 2013 | 0 comments

You have a lot of things to accomplish today, especially here in Singapore. With so little time, you intended to wake up earlier than the usual so you will be able to attend to every item on your long to-do list. However, as you reach for your keys in your drawer, you find out that they are not there. Now you begin to feel hysteric. What should you do now? Before you call a locksmith, do the following first:

Ask Anyone Who Has Duplicates

Misplaced keys is a common problem people ask locksmith Singapore to help with, so you are not alone in this. The first thing to do is, of course, ask any family member for key copies. In the first place, it is very important that you produce duplicates of your keys, so you have backup in case you lose or misplace them. If you have already duplicated your keys, your locksmith may have kept a spare copy. Ask your locksmith Singapore if you can borrow the duplicates in the meantime until you can find your keys. For future purposes, you can also hide key copies in a secret place in your house.

Recall the Whereabouts of Your Keys

In the event that you have no key duplicates, try to remember where you last saw your keys. Fight anxiety and clear your mind. In this way, you will more likely be able to retrace steps and remember the exact spot where you placed your keys. Most key openers like prosmith the locksmith in Singapore will give you advice that you begin your search in the places you are likely to drop your things the moment you arrive in your Singapore flat. These may be your worktable, bedside table, or cabinet. Or perhaps they are still in the pocket of your pants, which you hanged it at the back of your bedroom door.

Search in Unlikely Places

Especially when you have very active kids at home, your keys might be mistaken as toys. Kids in Singapore are very active and might play with your keys and end up bringing them in unlikely places, such as your medicine cabinet, bookshelf, kitchen cupboards, toolbox, and under the couch. Locksmith Singapore also advice to search in such unlikely spots. Moreover, to avoid losing your keys again, tell your kids not to treat your keys as objects for them to play with. Tell them that they are important and should not be taken from where you left them.

Contact an Experienced Locksmith

When worst comes to worst that you cannot really find your keys and you actually remember dropping them in a crowded place in Singapore, and you also don’t have copies of them, you can contact somebody who is good in locksmithing. Locksmith Singapore can rekey locks—be it in houses, cars, or anything with locks. A locksmith will come to the rescue of those who have lost their keys and those who have been locked out of their cars or houses. Aside from those, locksmiths these days can also do more than just basic metalwork. They can install, repair, and adjust locks in everything—from houses, cars, office buildings. For people who lost their keys, locksmiths do not actually provide the keys that match the existing locks. Instead, they select a new pin combination and perform a basic rebuild of the locks, thus providing new, matching keys.

Taking Good Care of Your Kidneys

Posted by Editor in Health on Nov 28th, 2013 | 0 comments

Many people fail to notice, and some even deliberately ignore, the importance of their kidney. Our kidneys are unique organs that remove waste products from the body. Failure to remove such waste products can lead to life threatening illnesses. Kidneys also regulate the amount of fluids in the body. Together with other organs like the bladder, urethra and ureters, the kidney comprises the urinary system.

If you have healthy kidneys, your body will get rid of waste products efficiently and effectively. But if you are suffering from a kidney disease, you should seriously think about taking good care of your functioning and remaining kidney. Fortunately, even a single kidney can perform the job without the other one. Please consider the following care tips:

1. Watch what you eat

You have to watch what you eat. An ideal diet includes large amounts of fruits and vegetables. There are fruits and vegetables that are not advisable though. Restrain your consumption of peanuts, chocolate, potatoes, spinach, etc. Ultimately, you have to decrease salt intake.

2. Drink lots of water

If you want a healthy kidney, you should drink plenty of water. This simple act can save your kidneys. Water assists the kidneys to cleanse the toxins in the body.

3. Exercise regularly

Exercising is not just for developing muscles. Exercising regularly also contribute to overall wellbeing, including that of our kidneys. Exercising heightens the body’s metabolism.

4. Avoid smoking and alcohol

If you are smoking you should stop or learn to avoid it. Smoking can contribute to various kidney diseases. If you are drinking too much, you are straining your kidney to work harder. Limit your drink to spare your kidneys extra work.

Good news for kidney donors here in Singapore: the NKF (National Kidney Foundation) is doubling its coverage. The insurance increased from S$100000 to S$200000. This is a big help for donors who are in need.

Singapore Port: State of the Art Port Facility

Posted by Editor in News Channel on Nov 26th, 2013 | 0 comments

Let it be known that there is a plan for the construction of Stage 6 Circle Line of Keppel Port. The Singapore Land Authority together with LTA (Land Transport Authority) announced on November 6, 2013 about the project. The project is expected to conclude in 2025 and by then, all can make a complete circle when coursing through the port. Singapore Ports again proved why they are one of the best ports in the world.

Singapore is the leader when it comes to maritime. Apart from Keppel, there are many terminals to include Jurong, Brani, Pasir Panjang, Sembawang and Tanjong Pagar. As for the anchorage places, it include Western, Jurong and Eastern Sector. The MPA (Maritime and Port Authority) supervises all activities of the ports and terminals from the services, traffic and facilities. So, what are the facilities that made the port the best? Here’s a look:

Yard Places and Warehouses

The port has warehouses that can store and distribute cargoes. There are spacious yard spaces that be used for packing and consolidating.

Special Terminals

The port has special terminals that can hold oil and petroleum products. Aside from oil and petroleum products, the terminals can also hold steel and cement products.

Security

The security of the port is unparalleled. Some of the security features include 24/7 CCTV system, police force, guards, metal detectors, fencing and many more. There is also a system that efficiently tracks the movement of the containers inside the terminals.

Equipment

The Port has more than two hundred quay cranes that can be used by ships and their cargoes. The port also provides berths, port information and modal transport systems.

Every year, many developments are undertaken. This is the effort of the Port to sustain its state of the art facilities. The Port is one of the busiest hubs around the world so it is only right to continuously improve or develop it.

5 Tips for Hiring a Business Broker

Posted by Editor in Finance on Oct 30th, 2013 | 0 comments

To sell business, there are two options for you: 1) to sell business yourself or 2) hire a business broker. Though it’s still possible to sell your company on your own, having a business broker to do all the sales negotiation guarantees a faster sale.

Unlike owners of small-sized businesses, brokers are knowledgeable with years of experience in selling small businesses. They know exactly what is best and what’s not in the buy and sell business industry, making them very helpful in handling business-related tasks such as advertising, business valuation, negotiation, prospect interviews, and due diligence. Hiring a business broker will also allow you, the business owner, to focus more on running the business and increasing its value.

If and when you choose to hire a broker or decide whether your current broker is the best one for you, here are the key points you should address:

1. Certifications Are Not Enough

Business owners think that the more authorizations and certifications the eton associates business brokerage from Singapore has the better broker he or she is. This isn’t necessarily the case. It’s more beneficial to ask the broker what associations he or she belongs to, as reputable brokers often voluntarily join legitimate associations that uphold ethical standards of professionalism and conduct. Also, look for a Singapore broker accredited as a Certified Business Intermediary, which necessitates brokers to undergo an extensive training on certain aspects of business for sale matters.

2. Relevant Business Selling Experience

While most business brokers in Singapore have years of experience, it is important to hire someone with experience in business selling in your local market and specific type of industry. Remember that no two markets and industries are the same, and unless the broker is knowledgeable of what’s important for that particular sector to buy business, he won’t be able to connect successfully and negotiate clearly with them.

Ask and verify how many businesses in the same industry and market the broker has sold in the last two years, and compare the number to different brokers of your choice. If the number of successful business for sale transactions is low, it could mean that the industry you’re in is not his forte.

3. Discuss About the Preparation Method

Ideally, a reputable business broker should voluntarily discuss his step-by-step business selling preparations, such as the vendor and customer lists, preparation of recent tax returns, and essential enhancements that need to be done to improve the physical value of the company. If the broker appears to be in the hurry or doesn’t pay much attention on the preparation process, it might be best to look for another business broker.

4. The Valuation Process

Usually, a business owner will ask the broker for an initial valuation of the business. To fully understand the broker’s estimation, be sure to agree with the broker’s valuation process. Let the broker explain how he came up with that value. Experienced brokers know that pricing your business a bit lower than reasonable value will make business selling a lot faster. Make sure that you’re not overpricing as this will only shoo away potential clients to buy business and drag the selling process for years.

5. Comfortable Rapport

A successful business for sale transaction won’t happen if you’re not comfortable working with him. This could be a bit difficult if your business broker is carrying a large client load, as the possibility of creating a close bond drops dramatically. Your business broker should be someone that you can trust and work comfortably with on a regular basis.