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  1. mneilson

    Picks of the Week: Apple, AIG, Lilly, BofA

    To me Banking and Pharma stocks are still very cheaper in USA. I would prefer to buy Bank of America and Citigroup Inc. stocks that I prefer to hold them for year and sell them in double price from the present rate. Pharmaceutical Stocks like Eli Lilly & Co is also very attractively available at...
  2. mneilson

    Mild Correction in Gold Price, what's next?

    There was a mild correction in Gold prices when the commodity marked closed on Friday (4th.Dec 2009). Gold price has receded below $1200/ounce to $1161 due to heavy selling pressure by fund houses and retail customers sitting on huge profits. So what should be your next move in coming week...
  3. mneilson

    Swiss suspected "serious fraud" among UBS clients, not simple tax evasion

    I think it is good story. In fact everybody who believes in patriotism to pay tax to the nation where you are born should welcome the steps taken by Swiss Government and Court. Secrecy and Privacy should have no place in banking system if somebody is hiding taxes for what's ever a reason
  4. mneilson

    Experts Discuss the November Jobs Surprise

    I think the opinions expressed in "Business Week" by the international economists and financial experts are quite in line of expectations. The modest 11,000 declines in US non-farm payrolls in November, together with the dip in the unemployment rate to 10.0%, from 10.2% is encouraging. The...
  5. mneilson

    Experts Discuss the November Jobs Surprise

    I think the opinions expressed in "Business Week" by the international economists and financial experts are quite in line of expectations. The modest 11,000 declines in US non-farm payrolls in November, together with the dip in the unemployment rate to 10.0%, from 10.2% is encouraging. The...
  6. mneilson

    Poll: Blue Sky or Statistical Blip?

    I was optimistic earlier and more optimistic now on the issues relating to the health of US in particular. My answer is "yes". The economy will start adding jobs.
  7. mneilson

    Multiple currencies

    There is absolutely no harm in maintaining a multi currency account. You can open a Bank account in Cyprus. There you can have the option to maintain a multi currency account. I think another solution is open a business account with PAYPAL. You can hold multiple currencies in your PAYPAL account...
  8. mneilson

    Stocks on the Move: AmEx, Boeing, DuPont, Moody's

    I think we have reached in such a place of global stock markets particularly in USA, where there is no significant downside expected. So there is no harm in acquiring such premium stocks at presently available at such discounted price. the stock AmEx, Boeing and DuPont etc are perfect bargain...
  9. mneilson

    Mobile Phone Battery Manufacturing Business

    The future business prospectus of cellular phone battery manufacturing is very bright. The mobile phone penetration rate in major Asian countries is still far behind than Europe and US. So there is significant opportunities lies ahead for battery manufacturers. I think your thinking is very...
  10. mneilson

    Why to Forn an Offshore Company?

    Of course, you are right in highlighting the major advantages of a company going offshore. I want to some advantages of offshore companies to your above discussion. 1- payment of less or no tax on income. 2- free dividend income. 3- No need to disclose the name of directors and share...
  11. mneilson

    What are the Value Added Services available in Cyprus Bank Account?

    The value added services offered by major commercial Banks in Cyprus are. International Debit Cards. Insurance of deposits. Investment advice. Online Transfer within and abroad. Maintaining multi currency Accounts. Forex exchange.
  12. mneilson

    List of Government Controlled Banks in Cyprus

    Central Bank of Cyprus is the Apex Bank of Cyprus. Here is the list of major Banks of Cyprus. Arab Bank Bank of Cyprus EuroBank FBME Laiki Bank - Cyprus Popular Bank The Cyprus Development Bank Hellenic Bank Co-operative Central Bank Federal Bank of the Middle East Universal Bank
  13. mneilson

    What is "DIN" and who should obtain it?

    India is not only an age-old democratic country but also one the major global economies of the world. In India DIN is Director Identification Number. Directors for an Indian company, both Indian and foreigners, must register and get and identification number under the new requirements. So it is...
  14. mneilson

    What is DSC and it's importance in Company formation?

    The Directors of an Indian company, both Indian and foreigners, are required to get Digital Signature Certificate ( DSC), under the new requirements. Digital Signature Certificate is required for all Directors or authorized representatives of any company and professional who will require signing...
  15. mneilson

    Where is FIPB and whar it's functions?

    The abbreviation of FIPB is Foreign Investment Promotion Board. It is a statutory Board established by Government of India to examine and approve all investments likely to be made by foreign companies in India whether wholly or through it's subsidiaries.
  16. mneilson

    Basic Concept of Private Limited Company.

    A Private Limited Company can be defined as a Company limited by shares in which there can be maximum 50 shareholders. The Basic concepts are: No invitation can be made to the public for subscription of shares or debentures. It can't make or accept deposits from Public and there are...
  17. mneilson

    Setting up a Forex Trading Company

    The information that you have provided on forex trading brokerage company is quite informative. But it is just the colorful side of a future brokerage house.The reality reflected in monochrome color . But I don't find any solid proof regarding the transparency of forex brokerage houses as I have...
  18. mneilson

    Setting up a Forex Trading Company

    The information that you have provided on forex trading brokerage company is quite informative. But it is just the colorful side of a future brokerage house.The reality reflected in monochrome color . But I don't find any solid proof regarding the transparency of forex brokerage houses as I have...
  19. mneilson

    Is there any disclosure of beneficial owner to the regulatory authorities in Cyprus?

    Your question is quite interesting. But not all things can be kept secret in Cyprus. You have to disclose you identity of your company details only to Central Bank of Cyprus.
  20. mneilson

    Names requiring consent or license for an Offshore Company in Cyprus.

    The names that requires consent or a license from the Cyprus Government authorities are given below. There are only four such names for which prior approval is needed before registering a company in Cyprus. "Bank", "Trust", "Insurance" and "Assurance" .

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