StarHub’s Q1 net profit rises 3. 2% to S$91. 2m Telecom group StarHub posted a 3. 2-percent rise in first quarter net profit to S$91. 2 million from a year ago. This is despite group operating revenue falling 1. 8 percent to S$580 million. SINGAPORE: Telecom group StarHub posted a 3. 2-percent rise in first quarter net profit to S$91. 2 million from a year ago. This is despite group operating revenue falling 1. 8 percent to S$580 million. Revenue for its mobile business fell 2 per cent to S$302 million in the quarter.
StarHub attributed this to “lower post-paid revenue from inter-connect operators and roaming services in spite of an increase in subscription revenue from a larger subscriber base. ” Still, the mobile unit remains as the biggest revenue contributor for the group at 52 percent. The company’s fixed network services business posted the highest revenue growth for the quarter, up 4 percent on-year to S$88 million. Data and internet services accounted for 82 percent of fixed network revenue at S$72 million, while voice services revenue grew to S$16 million.
StarHub said this was “primarily contributed by digital voice home services which became chargeable from fourth quarter 2012 and higher in-payments from carriers’ services, which were offset by lower IDD usages. ” Looking ahead, StarHub said it expects group operating revenue to grow in the low single-digit range year-on-year. Meanwhile, group earnings before interest, tax and depreciation (EBITDA) margin as a percentage of service revenue is expected to be about 31 percent. For the first quarter, the company has proposed an interim dividend of 5 cents per share, which will be paid on 30 May 2013. – CNA/xq
Homework for MGT321 Introduction to international business
General Instructions – PLEASE READ THEM CAREFULLY
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Analyze the effects of culture, politics and economic systems in the context of international business(Lo 2.1)
Explain the forces driving and evaluating the impact of globalization (Lo 1.3)
Carryout effective self-evaluation through discussing economic systems in the international business context
Please read Case 3: “Economic Development in Bangladesh” available in your e-book (International business: Competing in the global marketplace (13th ed.), at page no.629, and answer the following questions:
What were the principal reasons for the economic stagnation of Bangladesh after its war for independence?(marks: 2)
Explain how the liberalization program in the 1990s enabled Bangladesh to start climbing the ladder of economic progress. What are the main lessons here that can be applied to economic development in other nations?(marks: 4)
3.Bangladesh is dependent for its prosperity upon agriculture and textile exports. What are the risks here? How might Bangladesh diversify its industrial and commercial base? (marks: 4)