SEOUL， Oct. 27 (Xinhua) -- Corporate bond sales in South Korea posted a double-digit increase last month as companies rushed to debt-financing market on expectations that the U.S. Federal Reserve would raise interest rates later this year， financial watchdog data showed on Thursday.
Corporate financing， which includes stock offering and bond issuance， totaled 9.32 trillion won (8.19 billion U.S. dollars) in September， up 18.3 percent from the previous month， according to the Financial Supervisory Service (FSS).
Corporate bond issuance advanced 20.6 percent over the month to reach 8.88 trillion won， leading last month's overall increase in corporate financing.
Companies rushed to float bonds on expectations for the Fed's rate hike in December that would lead to higher interest rates in the domestic debt-financing market.
Bonds sold by industrial companies amounted to 2.37 trillion won in September， surging from 340 billion won in the previous month.
Debt sales by financial companies reduced 8.5 percent compared with a month earlier， with issuance of asset-backed securities (ABS) sliding 2.4 percent.
Initial public offering (IPO) jumped 28.1 percent to 173 billion won， but rights offering tumbled 29.2 percent to 265 billion won last month.
TOKYO， Aug. 10 (Xinhua) -- The Ministry of Finance (MOF) in Japan said Wednesday that the central government's debt as of the end of June had climbed in the past three months， underscoring the government's increasing difficulties in financing the nation's mounting demographic problem.
The ministry said that the central government's debt had climbed by 4.10 trillion yen (40.41 billion U.S. dollars) from three months ago， to stand at 1，053.47 trillion yen (10.38 trillion U.S. dollars) as of the end of June.
The mounting debt， at more than 240 percent of the national gross domestic product and the largest in the industrialized world， is partly attributable to costs related to the nation's rapidly aging population and financing the social security costs involved.
The ministry said that the debt is comprised of government bonds， financing bills and short-term government notes， as well as borrowing from financial institutions.
The government of Prime Minister Shinzo Abe earlier this month unrolling a hefty stimulus plan to the tune of 28.1 trillion yen as part of the latest installment of his ailing "Abenomics" economic policy mix， lacks the equivocal allocations and long-term vision necessary to fundamentally kick-start the nation's flagging economy， economists have said.
Along with Abe opting to further delay a scheduled tax hike for a third time to 2019， the planned budgetary expenditure will almost certainly further upset the government's balance sheet， and market confidence in the world's third-largest economy could continue to be tremulous.
The government is working to maintain Japan's fiscal consolidation goal of turning the primary balance into a surplus by fiscal 2020， yet this target has been deemed unattainable according to a recent report by the International Monetary Fund.
“We make a living by what we get Cheap Indianapolis Colts Jerseys , but we make a life by what we give.”
Winston Churchill
It’s a dog eat dog world. There’s cutthroat competition. You’ve got to grow or get out. With so many references to ruthlessness, the corporate world does not do its reputation any favors. The troubling truth is that a lot of people take these clichés at face value and really do pride themselves at being brutal, hardnosed corporate citizens. We have to ask ourselves, if our work life is a reflection of our personality, is this the type of person we are or want to become?
Encouraging good citizenship should be one of the largest responsibilities of businesses these days. Good citizenship should stand for business with integrity, ecological sustainability, and social and community initiatives. A humane approach will help connect with the public and moving forward positively will involve growing partnerships with the communities at large.
In this light, community service projects have to become part of the mainstream activities of corporations – planned, executed and reported fairly and openly. ‘Check book philanthropy’ can no longer be the best approach to social change, not at a time when – much to the corporate world’s detriment – enough has already been said and not done. Rather, it is important to identify areas of interest within potential community service projects and create distinct groups to focus on those areas.
Often the most effective way of starting community service projects is through a volunteer system. This not only helps gather a larger pool of employees, it also means that those who do choose to volunteer will do so with enthusiasm and initiative. There are several areas of community service that said volunteers can choose from, based on the company’s own list of pre-decided priorities. For instance, a company that chooses to work with education, healthcare, rehabilitation and education can offer this selection to its employee-volunteer body, which can then choose what they want to work with, based on areas of personal interest and motivation. This will create distinct groups to focus on the chosen areas of engagement. Here are some areas of community service that would greatly benefit the present generation, the ones to follow and the ecosystems in which both will inhabit.
Working with communities
Any society is only as good as the environment in which it exists. Working with communities involves embracing this fact and working towards bringing out quality changes by connecting with the people who form the core of that society.
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