Siam City Cement announces Bt8/share dividend payment - The ...

Home ? business ? Siam City Cement announces Bt8/share dividend payment

The Nation
August 3, 2013 1:00 am

The interim dividend will be payable on August 30, with record date on August 16 and closing date on August 19.

This follows the company's announcement of net sales of Bt15.06 billion in the first half of this year, up 11.8 per cent from Bt13.48 billion in the first six months of 2012. Consolidated net profit attributable to equity holders posted an increase of 35.6 per cent year on year to Bt2.83 billion from Bt2.08 billion in 2012. Earnings per share for this period amounted to Bt12.32 as compared with Bt9.08 for the same half of last year.

SCCC's net sales were supported by strong demand for cement and other construction materials, while cement prices in domestic and border markets trended higher, particularly in the second quarter. The demand for building materials has been on the rise because of infrastructure projects, real-estate development and an uptrend in commercial construction activities, according to the company's press release yesterday.

Production costs remained relatively stable in spite of higher electricity rates, wages and transport costs, mainly thanks to favourable coal prices and to various improvement projects, such as thermal-energy optimisation, waste-heat recovery and alternative fuels. Consequently, the operating profit margin improved to 22.2 per cent in the first half of 2013 compared with 18.8 per cent for the same period of 2012.

In terms of outlook for the remainder of the year, SCCC expects market demand to stay strong until year-end and production costs to rise because of the maintenance of the kilns planned for the current half.

SCCC is a leading cement and building-materials supplier employing more than 3,600 people.

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Source: http://www.nationmultimedia.com/business/Siam-City-Cement-announces-Bt8share-dividend-payme-30211821.html

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How Branding Strategies Can Benefit Small Businesses | The Small ...

A brand is a perception that consumers form in their minds with respect to a particular product or company?s name, logo, design, color scheme or a combination of all these and branding strategies help companies to form and mold that perspective. Branding is an equally important activity in small as well as large companies. Branding has been around for centuries to distinguish one goods from the other, the only change is that in medieval Europe applying your trademark to a good was considered branding however in today?s times lot of other innovative branding strategies have evolved. A firm?s branding strategy indicate the number and nature of the branding elements which it applies to the product that it sells.

Meticulously developing brand elements through a holistic marketing approach is essential for small businesses. The likeability and the appeal of the branding elements plays a critical role in building awareness about the brand and positive associations with the customer. Brand elements include name, term, sign, symbol, color scheme, design or a combination of all. A new business should start with selecting a brand element on which they could base their further branding strategies like building trust or reinforcing it. The businesses should keep in mind that whatever brand element they choose should be memorable, meaningful, likeable, transferable, adaptable and legally protectable (trademark rights).

Branding your product especially becomes important if your business is new and relatively smaller in size. Since your competitions are already established brands therefore you need to put in some extra effort in building your own brand first. A brand gives a personality?to your product and helps the consumer identify with them. However to be noticed by the consumer, you first need to spread awareness about your product. An aggressive and quick brand awareness campaign through proactive publicity. Creating a buzz through word of mouth marketing is also an effective branding strategy for small businesses. This enables the consumer to immediately identify with a new name and all the brand attributes associated with it.

One of the most important points to keep in mind is that brand signals a certain level of quality that satisfied customers associate it with. This is true in case of both small and large business. In case of large business trust and loyalty is achieved by reinforcing the brand in consumer psyche whereas in case of small or relatively new businesses the brand has to build trust and assurance with the consumer. Small businesses should start with building trust through offering guarantee, delivering excellent customer service and providing genuine testimonials from satisfied customers so that future consumer is assured of the benefits of buying a particular brand.

Apart from the above mentioned branding strategies a business should keep in mind that branding of your product could be useless unless and until it is communicated to the consumer. The features that differentiate your product from others in the market need to be known to the consumer so that you can build a strong brand around it. Therefore branding strategies are an extremely crucial business activity for a small business and larger business alike.

Source: http://www.smallbusinesscourse.org/how-branding-strategies-can-benefit-small-businesses/

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Bay of Pigs redux: Caracas claims CIA-linked Cuban exiles planned to kill president

Published time: August 01, 2013 08:47

Venezuelan officials warned of an alleged plot to assassinate the country?s President and launch a paramilitary invasion of the country. A former CIA agent, Cuban exiles living in the US and Latin American leaders were fingered in the conspiracy

President?Nicolas?Maduro, who succeeded Hugo Chavez, first alleged that his enemies want him dead while on the campaign trail in April.

The suspected plot to overthrow the government in Caracas was allegedly funded by Cuban exiles living in Miami, the head of the Venezuela?s parliament Diosdado Cabello told legislators on Wednesday. They raised some $2.5 million and recruited about 400 mercenaries, who would enter Venezuela?s Zulia state from Columbia as part of the plan.

He pointed to former Colombian President Alvaro Uribe and former CIA agent Luis Posada Carriles, who lives in the US, as those among the organizers of the plot. Venezuela and Cuba want Carriles for carrying out anti-communist terrorist attacks, including the 1976 bombing of a Cuban airliner that killed 73 people and the bombing of several hotels in Cuba in 1997, in which one tourist died.

Venezuelan Interior Minister Miguel Rodriguez Torres gave additional information on the alleged plot to TeleSUR television. He claimed the plan of the so-called Operation Baby was to have a sniper kill Maduro on July 24. The assassination would be a signal for militant attacks on military and political targets in the country, he said.

He further accused Venezuelan right-wing forces, former Honduran President Roberto Micheletti and a Miami-based real estate businessman Eduardo Macaya of involvement in the alleged conspiracy.

Maduro and his allies earlier highlighted mercenaries in El Salvador and Columbia as potential threats and named Uribe and former US diplomats Roger Noriega and Otto Reich as individuals hatching plots against Venezuela.

Source: http://rt.com/news/venezuela-maduro-assassination-plot-894/

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