According to a recent survey report, the focus on Unified Communication has largely increased in Malaysia, Singapore and other Asia Pacific region in the last few years. The report submitted by research house Frost & Sullivan shows this rise on the backdrop of tremendous demands for video conferencing, data sharing, call control, web casting and other teleconferencing services by the business firms located in the region. It is estimated that the communication industry will grow at a Compound Annual Growth Rate of 9.2 per cent as against around 5 per cent now.

A large number of companies have emerged as the solution provider to the communication needs of the business organizations located in the region. Cisco is one such leading Unified communication solution provider that provides an ideal platform for merging audio, video and web conferencing through webcasting and webinar services.

A webcast is basically used to transfer live videos, presentation or any other things to a large number of people located in different parts of the world through streaming media technology. On the other hand webinar is a term derived by the combination of Web and seminar and is used for conducting seminar and presentation over long distances.

Webinars are very much similar to a conference room seminar except that the participants are located at far off places who participate in the process through computer systems. These systems are integrated in such a way that the audio and video data are conveyed to each participant at the same time. Moreover, the process being Interactive, each participants can keep their view and contribute in the activity. Apart from seminar and presentation, webinar is also used for successfully conducting business meeting without any glitch. It is for these reasons that business organizations seek webinars solution for their communication needs over long distance.

A reputed company like Cisco Jabber provide all the three tools of UC solutions namely Instant Messaging, Collaboration and support for mobility at a reasonable cost. Host of features like file transfer, desktop sharing, desktop video sharing and power presentation has helped countries like Malaysia to grow into a global business hub. These services has cut the travel cost and has also saved a lot of precious time of the business executives. Moreover, it has helped countries like Singapore and Malaysia earn carbon credits which is at the forefront of their agendas.

The various features of conferencing services are largely availed by education and hi-tech industries and Banking and Financial Services Institutions (BFSI), for remote communication. Therefore, web conferencing services is expected to play a key role in the growth of these sectors. Thus, the benefits of webinar services are huge and the future of conferencing services looks very promising.

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Whether you have wealth now or anticipate growing your wealth in the future, the developing trend of “share and share alike” in government circles is likely giving you more than just food for thought. In fact, it’s quite possible that the thought fills you with anger, resentment and a burning desire to get out of this impending situation. After all, it’s your wealth, isn’t it? No one helped you develop it, no one held your hand and cherry picked the various investments you made. Therefore, why should the sticky fingers of big government be able to reach into your wallet, pluck out your hard-earned money and give it to someone who never did a thing to better themselves?

While this might sound like a far-fetched story, the evolution of government is moving increasingly towards the “shared” horror that looms on the horizon. While the top 1% of US earners has traditionally shouldered 30% of US taxes, things are bound to get worse. In fact, if current speculation comes to fruition, you could expect to pay up to 50% of your income out to the bloated, self-serving government.

What should you do to keep your wealth for yourself and your family? How can you avoid government interference? Should you just stop paying your taxes? Actually, there are ways around the problem that do not involve breaking the law. Winding up in prison for tax evasion is not a scenario that lends itself to relaxation or enjoyment. However, there are ways that you can increase your wealth, keep the government’s hands out of your bank account and do it all legally.

Asset havens, using the Internet as your electronic haven, finding the right business base for your needs, finding a residence haven and developing dual citizenship can all offer tremendous benefits for your needs. For instance, if you hold a passport to a nation that does not charge taxes on income earned abroad, you can build your wealth easily, without even living in that country. Having a home in a residence haven, such as Bermuda, Panama or one of numerous South American countries, you can save on taxes, as well.

There are considerable ways that you can simplify your life, enjoy the life you want and avoid the hassle of big government, ever greedy to get their fingers on what you have. Building wealth does not have to mean financing government spending when you have the right information.

VIETNAM is an emerging Mice destination in South East Asia and showcasing the country’s offerings at ITB Asia 2012 will be Luxury Travel Ltd. (Stand R1730)

Hanoi, Vietnam, October 12, 2012 – The company specialises in planning and organising incentive trips and has been one of the leading Mice destination firms in Vietnam for more than seven years.

Hung Nguyen, the company’s Mice department manager said Vietnam has something for everyone in cities like Hanoi, Ho Chi Minh City and the centre in areas such as Hue, Danang and Hoian.

-Luxury Travel is the first travel company in Vietnam specialising in luxury, leisure, and incentive holidays. We have first-hand knowledge in Mice and excellent relations with suppliers in the Mice industry for whatever event or incentive holiday travellers want. Name it and we make it happen,- said founder and CEO Pham Ha.

The company promotes Vietnam as a preferred new destination for both domestic and international Mice travel but can arrange successful Mice trips to Cambodia, Laos, Myanmar and Thailand.

-We will also promote its leisure luxury short trips at this year’s show. Asean countries are our great markets, with direct convenient flights, no visa. They have purchasing powers. Today’s luxury travellers want to be entertained and stimulated, rather than simply pampered. They want off-the-beaten-track experiences; crave efficient and seamless travel and value for money. They are also interested in short trips, family travel, a bit of adventure, local culture and authentic experiences. Our leisure travel programmes to show at ITB Asia are designed to catch this trend.- said Ha.

Vietnam’s first luxury tour operator/DMC (www.luxurytravelvietnam.com) is based in Hanoi, with offices throughout Vietnam, Cambodia, Laos, Myanmar and Thailand. Luxury Travel is exceptional at designing tailor-made tours and providing unique travel experiences. Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and representative offices in California, London,Paris, and Sydney. The company’s depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd. has won numerous travel awards for excellent performance including the most recent -The Years’ Best- of the Guide Awards in 2012. www.facebook.com/luxurytravelcompany

Contact: David Nguyen Sales and Marketing Manager Luxury Travel Group Ltd 05 Nguyen Truong To Str., Ba Dinh Dist, Hanoi 84444 Vietnam 84439274120

This is MBA assignment question for MB0032 of SMU. The question is – Why Duality concept is important in OR? Describe the economic importance of the Duality concept.

The importance of duality concept is due to two main reasons:

a)If the primal contains a large number of constraints and a smaller number of variables, the labour of computation can be considerably reduced by converting it into the dual problem and then solving it.
b)The interpretation of the dual variable from the loss or economic point of view proves extremely useful in making future decisions in the activities being programmed.

Economic interpretation of duality:

The linear programming problem can be thought of as a resource allocation model in which the objective is to maximize revenue or profit subject to limited resources. Looking at the problem from this point of view, the associated dual problem offers interesting economic interpretations of the L.P resource allocation model.

We consider here a representation of the general primal and dual problems in which the primal takes the role of a resource allocation model.

From the above resource allocation model, the primal problem has n economic activities and m resources. The coefficient cj in the primal represents the profit per unit of activity j. Resource i, whose maximum availability is bj, is consumed at the rate aij units per unit of activity j.

Economic interpretation of dual variables:

For any pair of feasible primal and dual solutions, (Objective value in the maximization problem) d (Objective value in the minimization problem)

At the optimum, the relationship holds as a strict important.

This relationship implies that as long as the total return from all the activities is less than the worth of the resources, the corresponding primal and dual solutions are not optimal. Optimally is reached only when the resources have been exploited completely, which can happen only when the input equals the output (profit).

Economically the system is said to remain unstable (non optimal) when the input (worth of the resources) exceeds the output (return). Stability occurs only when the two quantities are equal. This is the most important aspect of economic importance of dual variables for MBA assignments.

Asia Pacific LNG Market Outlook 2020

The demand of energy is increasing rapidly across the world. In such a scenario, natural gas is increasingly being considered as the fuel of choice for the near future, as it is less polluting than oil and coal. The market for LNG has been growing at a fast pace for the past few years on the back of factors like, environmental concerns, high energy demand, government support, and huge investments. The world is witnessing a significant level of development in the global LNG trade with imports and exports of LNG forming a vital part of countries’ relationships with each other. Especially the Asia Pacific countries, due to greater economic growth, are pushing themselves to develop and enhance the natural gas and LNG industry.

Our report identified major countries of Asia Pacific region in terms of demand and supply. Each of the countries is studied thoroughly with special focus on demand and supply scenario of the country; major LNG receiving terminals/production plants; under construction and proposed LNG receiving terminals/production plants; and medium and long term receiving/supply contracts. Forecasting of LNG demand/supply for 2015 and 2020 of each country is also provided in the report.

LNG has become an increasingly important supply source in meeting the Asia Pacific energy needs. As majority of Asia Pacific countries are importers of LNG, the region represents a big LNG market. According to our new research report -Asia Pacific LNG Market Outlook 2020-, Asia Pacific represents more than 60% of the world LNG demand.

According to the report, Japan accounts for majority of Asia Pacific LNG demand in 2011. After the nuclear reactors failures due to March 2011 earthquake and tsunami, Japan’s LNG demand increased significantly. Other countries such as China, India and South Korea also contribute significant share in the region’s total demand. Moreover, China is emerging as the fastest growing LNG market.

On the supply side, Australia ranked third in the Asia Pacific region LNG supply in 2011, is expected to outpace Malaysia and Indonesia to become top most LNG supplier in future. With a number of under construction and proposed LNG liquefaction plants, huge investments and various LNG supply contracts, Australia is well placed to take advantage of the considerable opportunities presented by the strong demand for energy resources.

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Tourism leaders in South Africa have worked tirelessly over the past year to showcase to the world, through hosting of the 2010 FIFA World Cup, all that the destination has to offer as both a travel choice for leisure and business tourists, and a centre for equitable tourism sector investment. All of the economic and social indicators are in pointing towards South Africa as a nation worth the investment, worth the efforts, worth the trip.

The building of South Africa, as a competitive tourism destination on the world stage began, however, long before hosting of the Games was awarded. It is because of the efforts of the sector over the past decade plus that the nation was able to achieve host status.
One of the leaders in tourism growth and development in South Africa, and around the world, recently received open praise by leaders of the industry for having belief in the destination long before the analysts and advertisers fully appreciated the merits of the nation as a tourism economy.

As stated by Minister Alan Winde, Minister of Tourism, Finance and Economic Development for the Western Cape at the Gala Dinner of The Travel Corporation 2010 INTERNATIONAL CONFERENCE in Cape Town, South Africa:

Thank you to the Tollman family for choosing to invest in South Africa long before any of the statistics were known. Through people like you, we will be able to positively influence the reputation of our destination overseas, and inspire visitors to make a trip here for the first time. We are thrilled that the TTC has now chosen to host its biennial travel and tourism conference in Cape Town. The World Cup was the springboard we needed to attract conferences such as this one, which will foster the sustainable growth of our tourism industry. This event presents us with a strategic opportunity to tell 350 of the worlds top travel decision makers from around the world why Cape Town and the Western Cape should be their clients destination of choice. TTC’s commitment to South Africa is and has always been for the long-term.”

Speaking of the ongoing investment made by The Travel Corporation into South Africa through, inter alia Red Carnation Hotels , Cullinan Business Development, Travcorp South Africa and several of the global Travel Corporation businesses providing strong in-bound travel to the destination, Brett Tollman, CEO of The Travel Corporation made clear the company, and Tollman familys, commitment to South Africa.

This is not just a destination which we believe has potential for strong, sustainable growth through tourism investment and stimulation, this is also our homeland. The government of South Africa can rely on The Travel Corporation to champion its cause of sector development for the benefit of all South Africans.

Usually it is hard to find a decent health economics site that lists tips, stories and provides perspective. You will discover a few different blogs on the internet but unfortunately they tend to post only their own material, creating articles every so often. Other web-sites merely provide you with back-links for resources and file news with very little opinion. As a health economist, health economics director, health care professional or health provider it can be hard to find a web-based resource which always allows you to remain up to date and abreast of what is going on in the arena of market access and reimbursement. Health Economics Digest is an accomplished web-site devoted to health economics and outcomes research. They provide a day-to-day digest of suitable health economics news, congresses and programmes. In addition to that they also put perspective on the news as well as commentary regarding the significance of the news to health economics students, health technology assessment and PRMA managers. The thing Health Economics Digest does that is distinctive from every other health economics website is that it offers interesting multi-media content including videos, webinars and infographics. Health Economics Digest delivers the very best of the world wide web and multi-media to the health economics landscape. They provide their news in Feed, PDF and monthly email format. Health Economics Digest also employ media profiles where they connect and converse along with other health outcomes executives. Not only do they report the news, in addition, they create it. Health Economics Digest is the news. In addition ,Health Economics Digest is going to be wholly understood by non-health economists, doctors, general practitioners and HTA personnel. Its for these reasons health economists around the world are choosing health economics digest as their choice of interacting to payers and non-health economists. payers need assistance appreciating health economics and pharmaceutical companies must discover solutions to adequately communicate health economics to non-health economists or will probably be challenging to obtain the reimbursement they need, specifically in todays market access landscape. I advise dropping by the site, whats more; Health Economics Digest is administered by health economists, for health economists, they offer essential up-to-date information on what you should know. Along with news and current trends, additionally, there is an online health economics book shop and provide health economics online classes and e-learning packages

At times of deep recession and high unemployment, one of the traditional measures to which governments aspire in order to stimulate their economies is a reduction in Corporation Tax rates. The reasons are two-fold. First, lower CT rates make individual countries more attractive to overseas companies looking to open new offices and / or factories. Secondly, the more profits that corporations can retain in their businesses, the more they have available to re-invest in new expansion and job creation.

If ever anyone wanted proof that this policy works, one need only look at the Irish experience. In Ireland, relatively very low Corporation Tax rates ( currently only 12.5 % ) succeeded in persuading a host of major companies like Dell and Google to set up shop there. Similarly, a steady reduction in rates by the UKs new Coalition Government is clearly arresting a small exodus of companies to lower tax environments overseas.

The only problem is that when most countries are under the same pressure, they can end up in a beggar thy neighbour auction wherein everyone is attempting to underbid everyone else. Also, countries with left leaning governments obviously have a problem cutting business taxes at a time when Joe Publics finances are under pressure.

This dilemma has already raised its head in France where the new socialist President, Francois Hollande, has indicated that he wants all EU countries to adopt a common rate of Corporation Tax. This policy has, in fact, already just been voted through by the European Parliament. Since Frances basic rate of CT is an eye-watering 33.1%, its clearly in its interests to make sure no other European countries can undercut it.

It will certainly be interesting to see how the UK reacts to this idea. It has gone to great lengths to encourage large overseas corporations to expand here and the governments Eurosceptic wing will have a field day if this proposal starts to gain any traction.

One group which is bound to come out smelling of roses if these socialist inspired tax rates take hold are the numerous tax havens like the British Virgin Islands where huge global corporations can still legitimately shelter a large part of their earnings via some imaginative creative accounting.

Water makes up almost 60 percent of the human body, making it an essential nutrient. With this summer promising to be swelteringly hot, it’s important to stay as hydrated as possible.

This July marks the eighth semi-annual Filter Fresh month and in celebration, Whirlpool Corporation is urging consumers to fuel all summer activities with an ice cold glass of filtered water. Whirlpool Corporation is announcing a number of activities to support the initiative which began in 2009 as a way to remind people to change their refrigerator’s water filter every six months.hs.

Drink Up to Slim Down
On hot summer days or during a physical workout, sweating is the body’s natural way to cool down. When you sweat, you need to replace the fluids lost – or your body could overheat. It is important to remember to drink plenty of water before, during and after physical activity to avoid dehydration and fatigue.

“To remain energized and feeling good throughout the day, staying hydrated is critical – and drinking fresh, clean tasting filtered water can play a vital role,” said Monica Teague, Senior Manager PR and Brand Experience. “If you’re committing to an active lifestyle in the hot summer months, drink filtered water to help stay hydrated.”

Get In on the Conversation
Whirlpool is partnering with Miss Lori of Miss Lori’s CAMPUS for a Twitter Party on July 11th from 7 p.m. to 8 p.m. EST. Throughout the evening Miss Lori will share tips on healthy living and the importance of drinking plenty of filtered water. Attendees will have the chance to win a new Whirlpool refrigerator with a PUR filtration system along with other prizes. To join the conversation, simply follow the hash tag #FilterFresh.

Make changing your filter easy
Properly maintaining your water filter is critical, as tap water may travel through miles of infrastructure before making its way into your home and your body, potentially picking-up contaminants along the way.

Whirlpool refrigerator water filters are a great way to ensure you drink enough water – but you have to make sure the filter stays fresh. Remembering to change your filter every six months is not only smart, but convenient, as many refrigerators have an easy access system located at the bottom of the grille or just inside the door.

To help consumers replace old filters, this month, The Home Depot is offering Buy One Water Filter, Get One Free discount (Model 4396841). You can also visit www.whirlpool.com/water-filters to save 25% off a 2-pack or more replacement filters using the promo code MULTI25.