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If you type “how to make money online or online home based work “ in any search engine you will probably get some sites at the top of the list which will demonstrate how easy it is to make money online ,and they will give some instances how people make thousands of dollars in a very short time only by following their processes .But eventually at the end of their first page they will ask you for some registration fees .Probably many people get convinced after going through their web pages and send them money as registration fees. Otherwise how they carry on their businesses .I am not saying that all these sites are frauds .But why should you pay someone who you don’t know at all or how can you trust them? Is it that much easy ? It’s not that much difficult either. I mean if you want to make money online or want to earn some extra cash while you are at home , you must have to go through some processes.
Here are some important tips :
1.First of all if you are a programmer or simply a data entry professional you have to find out some websites which will not ask for any kind of sign up fees ; that means the total registration process must be free . Of course they will take some percentage of your earned money as their charges ,but not anything before earning . These sites are solely for the freelancers .If you want to find out which sites will provide you this kind of projects simply type “freelancers websites or websites for the freelancers” in the search engine . Get a freelancer, odesk, digital point, rent a coder are some of these kinds of sites.
2. First of all sign up in these sites and then follow the steps you will be asked to do .This will involve setting up your profile , adding image or you may have to take some readiness tests. When you complete all these steps you are done .you then search for your desired projects in their sites .In most of the sites you have to bid for the projects you want to get .
3.You may find it difficult to get your first few projects .Because the more easy is the project the more will be the bidders . So you may have to bid lower to get the project. Once you complete successfully your given projects within the time frame you will get some good reviews from your providers. This will help you to enhance your star rating on that particular sites. Once you get some good reviews from the providers all you have to do is maintaining that rating on your profile.
There are some other ways of earning money online .Looking forward to discussing about those in the next article.
Tuesday, February 24, 2009
Monday, February 16, 2009
Dhaka stocks again in negative territory
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Dhaka stocks inched down Monday amid heavy price fluctuation ending a two-day market rally.
Beginning with an upward trend, the trading at the Dhaka Stock Exchange (DSE) seesawed throughout the whole session.
The benchmark index, however, were in positive territory for about half an hour just starting of the mid session. Before recovering some points from around mid session, it lost 21 points at one stage because of selling pressure from the retail investors.
The benchmark DSE General Index (DGEN) closed at 2563.69 with a slight fall of 4.1 points. The All Shares Price Index (DSI) finished at 2132.56 with the meager drop of 3.42 points and the DSE-20 blue chip index ended at 2086.62 with the fall of 11.95 points.
The market could have fallen further, but the continuous buying support from the institutional investors helped the market end slightly down, according to stock brokers.
"The retail investors sold shares for booking profit while some who still remain wary about the market stability released shares for minimising the losses," said a stock broker requesting not to be named.
The DSE monitored the trading throughout the whole session to avert any big sale from the brokerage houses and make the market stable, sources said.
"The merchant bankers and brokers as well should play active role for boosting the sagging investors' confidence through motivating them," said Salahuddin Ahmed Khan, former DSE chief executive officer.
However, it is a positive sign for the market that the institutional investors were back in the market that saw downslide over the last six straight weeks, he added.
The top sellers among the financial institutions were AB Bank, Haji Ahmed Brothers Securities Limited, Shahjalal Islami Bank, Wifang Securities, CMS Securities, Moshihor Securities, LRK Securities, EPL and Shakil Rijvi Stock Limited.
The top buyers were ICB, Lanka Bangla, Multi Securities and Investment Limited, PFI, IDLC, NCC, SES Company, Al-Muntaha Trading Company, Dhaka Bank and Alliance Securities.
Through ICB, Sonali Bank, Janata Bank, Agrani Bank and Sadharan Bima Corporation continued to buy shares for the third straight day, helping keep the market afloat.
The total turnover increased to Tk 2.88 billion against the previous day's Tk 2.63 billion while the market capitalisation remained steady at Tk 994.52 billion.
Titas Gas was the turnover leader for the third consecutive day with shares worth Tk 138.02 million traded on the day.
The next other turnover leaders were Golden Son, EHL, Beximco Pharma, Aftab Automobiles, Keya Detergent, BSRM Steel, Atlas Bangladesh, Beximco and S Alam Cold Rolled Steel Mills Limited.
Rahman Chemical, a low profile Z-category issue, had the day's biggest gainer posting a rise of 17.20 per cent.
The other next top gainers were Purabi General Insurance, BSRM Steel, BD Autocars, Padma Cement, BLTC and Jute Spinning.
The top losers were Sreepur Textile, Quasem Textile, Ranga Food, Saleh Carpet, Alpha Tobacco, Alamin Chemical and Bengal Fine.
Beginning with an upward trend, the trading at the Dhaka Stock Exchange (DSE) seesawed throughout the whole session.
The benchmark index, however, were in positive territory for about half an hour just starting of the mid session. Before recovering some points from around mid session, it lost 21 points at one stage because of selling pressure from the retail investors.
The benchmark DSE General Index (DGEN) closed at 2563.69 with a slight fall of 4.1 points. The All Shares Price Index (DSI) finished at 2132.56 with the meager drop of 3.42 points and the DSE-20 blue chip index ended at 2086.62 with the fall of 11.95 points.
The market could have fallen further, but the continuous buying support from the institutional investors helped the market end slightly down, according to stock brokers.
"The retail investors sold shares for booking profit while some who still remain wary about the market stability released shares for minimising the losses," said a stock broker requesting not to be named.
The DSE monitored the trading throughout the whole session to avert any big sale from the brokerage houses and make the market stable, sources said.
"The merchant bankers and brokers as well should play active role for boosting the sagging investors' confidence through motivating them," said Salahuddin Ahmed Khan, former DSE chief executive officer.
However, it is a positive sign for the market that the institutional investors were back in the market that saw downslide over the last six straight weeks, he added.
The top sellers among the financial institutions were AB Bank, Haji Ahmed Brothers Securities Limited, Shahjalal Islami Bank, Wifang Securities, CMS Securities, Moshihor Securities, LRK Securities, EPL and Shakil Rijvi Stock Limited.
The top buyers were ICB, Lanka Bangla, Multi Securities and Investment Limited, PFI, IDLC, NCC, SES Company, Al-Muntaha Trading Company, Dhaka Bank and Alliance Securities.
Through ICB, Sonali Bank, Janata Bank, Agrani Bank and Sadharan Bima Corporation continued to buy shares for the third straight day, helping keep the market afloat.
The total turnover increased to Tk 2.88 billion against the previous day's Tk 2.63 billion while the market capitalisation remained steady at Tk 994.52 billion.
Titas Gas was the turnover leader for the third consecutive day with shares worth Tk 138.02 million traded on the day.
The next other turnover leaders were Golden Son, EHL, Beximco Pharma, Aftab Automobiles, Keya Detergent, BSRM Steel, Atlas Bangladesh, Beximco and S Alam Cold Rolled Steel Mills Limited.
Rahman Chemical, a low profile Z-category issue, had the day's biggest gainer posting a rise of 17.20 per cent.
The other next top gainers were Purabi General Insurance, BSRM Steel, BD Autocars, Padma Cement, BLTC and Jute Spinning.
The top losers were Sreepur Textile, Quasem Textile, Ranga Food, Saleh Carpet, Alpha Tobacco, Alamin Chemical and Bengal Fine.
Time is ripe for BASEL II implementation: Experts
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FE Report
Implementation of the Basel II accord, the latest version of capital standards for banks worldwide, is needed to face the challenges that lies ahead against the backdrop of a global financial meltdown, speakers said in a seminar on Monday.
They pointed out that this was the perfect time for adopting the new capital adequacy norms for maintaining risk management capabilities commensurate with the risks of their business.
Such initiative would help promote successful development of country's capital market and prepare the local financial institutions to safely navigate through to future, they opined.
They were speaking at a seminar titled 'BASEL II and its Implications for Bank Capital Raising' organised jointly by the World Bank and the Citibank NA Bangladesh.
Speaking as chief guest, adviser to the prime minister (economic affairs) Dr. Mashiur Rahman said, "This is the right moment to implement the Basel II accord considering the severity of the ongoing global financial downturn."
Reforms in the banking sector are imperative in dealing with the external shocks, he added.
"We have to be prepared to face the challenges in the years to come and adaptation of Basel II will help the banks to manage their risks," he said adding that the local banks were doing well even in the global financial crisis.
The standard of the country's banking sector is now not less than what is required under the Basel II, Mashiur argued.
Securities and Exchange Commission (SEC) chairman Faruq Ahmad Siddiqi, World Bank Country Director Xian Zhu, Citi's Asia Pacific head of Investment Banking Dan McNamara and Citi Country Officer Mamun Rashid attended the seminar.
Faruq Ahmad said, "The challenge for the smaller banks is to raise their capital base by aligning their banking services to international standards amid the global financial crisis," he said adding that however, the banks can raise capital through declaring stock dividends and issuing rights shares for their shareholders.
Basel II will encourage the banks to use modern risk management techniques as well as to enrich their risk management capabilities, he said.
Xian Zhu said, "I would like to emphasize that the challenges of implementing Basel II are heightened in turbulent financial markets, and its transition must be managed carefully to mitigate any unintended effects."
To manage the risks of transition to Basel II, advanced approaches are to be phased over one to two years, during which time Basel I continues to be applicable, he added.
"Lots of debates surround the role of Basel II in the context of ongoing global crisis. Experts argue that the framework was not fully implemented in many of the jurisdictions in the summer of 2007 when the turmoil started unfolding the weakness of the financial markets," Zhu said.
For bank's capital adequacy requirement, the Bangladesh Bank has already introduced the Basel II from January this year.
The new Basel accord has been prepared on the basis of three pillars: minimum capital requirement, supervisory review process and market discipline.
Three-types of risks - credit risk, market risk and operational risk-have to be considered under the minimum capital requirement.
For credit risk measurement, new framework provides two different methods- standardised approach and internal ratings-based approach.
More than 100 countries have so far announced intentions to implement Basel-II during the stipulated timeframe. Neighbouring countries like Pakistan and India are in the process of adopting the Base II accord.
Implementation of the Basel II accord, the latest version of capital standards for banks worldwide, is needed to face the challenges that lies ahead against the backdrop of a global financial meltdown, speakers said in a seminar on Monday.
They pointed out that this was the perfect time for adopting the new capital adequacy norms for maintaining risk management capabilities commensurate with the risks of their business.
Such initiative would help promote successful development of country's capital market and prepare the local financial institutions to safely navigate through to future, they opined.
They were speaking at a seminar titled 'BASEL II and its Implications for Bank Capital Raising' organised jointly by the World Bank and the Citibank NA Bangladesh.
Speaking as chief guest, adviser to the prime minister (economic affairs) Dr. Mashiur Rahman said, "This is the right moment to implement the Basel II accord considering the severity of the ongoing global financial downturn."
Reforms in the banking sector are imperative in dealing with the external shocks, he added.
"We have to be prepared to face the challenges in the years to come and adaptation of Basel II will help the banks to manage their risks," he said adding that the local banks were doing well even in the global financial crisis.
The standard of the country's banking sector is now not less than what is required under the Basel II, Mashiur argued.
Securities and Exchange Commission (SEC) chairman Faruq Ahmad Siddiqi, World Bank Country Director Xian Zhu, Citi's Asia Pacific head of Investment Banking Dan McNamara and Citi Country Officer Mamun Rashid attended the seminar.
Faruq Ahmad said, "The challenge for the smaller banks is to raise their capital base by aligning their banking services to international standards amid the global financial crisis," he said adding that however, the banks can raise capital through declaring stock dividends and issuing rights shares for their shareholders.
Basel II will encourage the banks to use modern risk management techniques as well as to enrich their risk management capabilities, he said.
Xian Zhu said, "I would like to emphasize that the challenges of implementing Basel II are heightened in turbulent financial markets, and its transition must be managed carefully to mitigate any unintended effects."
To manage the risks of transition to Basel II, advanced approaches are to be phased over one to two years, during which time Basel I continues to be applicable, he added.
"Lots of debates surround the role of Basel II in the context of ongoing global crisis. Experts argue that the framework was not fully implemented in many of the jurisdictions in the summer of 2007 when the turmoil started unfolding the weakness of the financial markets," Zhu said.
For bank's capital adequacy requirement, the Bangladesh Bank has already introduced the Basel II from January this year.
The new Basel accord has been prepared on the basis of three pillars: minimum capital requirement, supervisory review process and market discipline.
Three-types of risks - credit risk, market risk and operational risk-have to be considered under the minimum capital requirement.
For credit risk measurement, new framework provides two different methods- standardised approach and internal ratings-based approach.
More than 100 countries have so far announced intentions to implement Basel-II during the stipulated timeframe. Neighbouring countries like Pakistan and India are in the process of adopting the Base II accord.
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