Indo Tambang 1Q Profit Increases 41.77% On Higher Sales

JAKARTA: Coal miner PT Indo Tambangraya Megah Tbk (ITMG), that is controlled by Thai Banpu Plc, experienced a 41.77% increase in net profit for the first quarter of this year on the back of higher net sales. Indo Tambang posted US$95.23 million net profit or US$0.08 per share in 1Q 2011 from US$67.17 million or US$0.06 per share in 1Q 2010. Operating profit increased 25.82% to US$117.43 million from US$93,33 million, reflecting a higher margin to 25.07% from 23.17%. Indo Tambang booked a 16.24% increase in net sales to US$468.33 million from US$402.89 billion. Enel Trade SpA made a US$48.67 million of coal purchase from Indo Tambang, counting...

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5 Easy Steps to Becoming a Millionaire

Who wouldn't want to be worth a million dollars? Many of us dream of achieving this goal, more often than not for the sake of the freedom financial stability would bring. So how can we get there? The answers are actually much easier than you might expect. Here are several easy steps to get you into the millionaires' club. (With a little discipline and the help of some powerful savings vehicles, anyone can hit this mark.) 1. Only Marry Once According to "The Millionaire Next Door" by Thomas J. Stanley, Ph.D and William D. Danko, Ph.D, the average millionaire is married with three children. The wives of these millionaires are good budgeters...

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Health Insurance Tips

Everyone has different medical insurance needs, so no one answer, insurance provider or insurance plan is going to work for every patient or family. So here are 8 health insurance tips. 1. Group Insurance Plan If you have the option, sign up for your employer's group health insurance plan. Company insurance is going to be the cheapest insurance plan you can buy, because you get the group rate. If you are a self-employed contractor or you're a small business owner, this option won't be open to you. You'll have to find other ways to get good health insurance. 2. Get COBRA Coverage Those who have recently left a job which provided you with...

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Tips on How to Choose a Business Partner

Approach finding a business partner as you would a combination spouse/day care provider. A partnership is a long-term covenant between two (or more) people. You will spend a lot of time planning major business events with your partner and need to be able to get along with him/her. Your business is something you gave birth to and will have to nurture to help it grow. You want a partner that will approach your business with the same level of enthusiasm and commitment that you have, but who also shares the same business "parenting" philosophies. 1. Find a Partner That Shares Your Values, Entrepreneurial Spirit, and Vision Of all the things...

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3 Tips to Work Online

Author: TJ PhilpottLearning how to work online successfully will involve both strategic thinking and a firm commitment on your part. Marketing an online business calls for the willingness to invest the effort along with the  ability to maintain your focus. Having a strong desire to reach your goals is all you really need along with an awareness that the internet will present many distractions that will challenge your focus. Here are 3 tips that will help keep you on the right track to successfully marketing an online business leaving it simply up to you to stay the course! Expect to Invest an Effort There are no free rides or overnight riches. These are only phrases originating from sales copy used to sell products and are not reality based! The  advantages of marketing an...

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The Key To Finding The Right Career Direction

Your career, like any journey, has a beginning, an end and a direction. For many people, the present direction of the career is probably not a result of entirely their own choices. If, for some reason, you are not happy with the direction of your career, there is a way out: Take charge of your career and change its direction. 1. Know yourself Has it happened with you that after desperately looking for something (e.g., keys) all over the place, you eventually found it right in your pocket or drawer? That's exactly the case with finding a new career direction. Usually, we try to search for a new career direction by looking all around,...

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Tips on Selecting An Insurance Company

When shopping for auto insurance, do a little homework first, shop around, and select your insurer carefully. Your insurer should offer both fair prices and excellent service. These tips will help you find the right insurer for you: Know your state's auto insurance requirements: Most states require you to carry a minimum amount of liability coverage. Many states have "no-fault" auto insurance systems. Coverage for medical costs for you and your passengers is optional in some states. Coverage for damage to your car is optional. Write up your personal auto insurance profile: List pertinent information concerning what type of vehicle you...

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Tips for choosing a Bank

Tips for choosing a Bank that's Right for you: Shop around -- Shop around for a bank that offers the services that you want and whose fees are competitive. Choose a bank that is FDIC insured. This means that your bank account is insured up to $100,000. Bank Fees - Look very closely at the fees associated with bank accounts. You will find the fees in the fine print. This is where banks make a lot of money these days. Fees you should look out for: ATM Fees, balance inquiries, flat monthly fees, per-check fees, overdraft protection fees, fees for going below the minimum balance, bounced check fees, fees for using ATM's that aren't associated...

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