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Word: low-cost (lookup in dictionary) (lookup stats)
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...fact that Japan's "free money" spigot is closing, but rarely mention that rates are likely, for now, to rise by a mere 0.25%. That's not free, but it's still pretty close to it. For the foreseeable future, Japan will remain the world's first stop for low-cost capital. "Even if Japan's rates were to rise to 1%, its differential with other asset classes around the world would still be pretty high," says Macquarie's Jerram. Besides, the BOJ has been signaling its intention to raise rates for months, giving major market players plenty of time...

Author: /time Magazine | Title: Japan Takes Flight | 7/10/2006 | See Source »

...only personality I believe in is Tesco," he once said), Tesco has launched in-house lines of food, ranging from economy pasta to hand-stretched Tuscan pizzas, with something to appeal to the frugal and the foodie. Leahy perfected the art of pulling in customers with Tesco's low-cost reputation and then selling them high-margin nonfood items like TVs and home furnishings. And he has successfully developed both mammoth one-stop stores and more modest convenience shops. The strategy has left rivals playing catch-up: Tesco boasts a 31% slice of the British grocery market, according to research...

Author: /time Magazine | Title: Testing Tesco's Reach | 7/2/2006 | See Source »

...Until recently, Hyundai has been an exception in India. The general consensus among multinational manufacturers had been that India with its miserable highways and airports, hostile bureaucracy and militant labor unions was no place for a factory. While companies happily tapped India for its well-trained and low-cost IT-engineering talent, they've placed their bets on China as a manufacturing center. Although exports of manufactured goods from India grew 20% to approximately $70 billion in its last fiscal year, that's just one-tenth of the $700 billion China exported in 2005. Manufacturing accounts for only about...

Author: /time Magazine | Title: The Drive to Compete | 6/19/2006 | See Source »

...hotel chain is building 200 hotels across India under the brand Ginger, offering rooms with wireless Internet access, air conditioning and ensuite bathrooms for 1,000 rupees ($22), a fifth of the cost of a room paid by budget business travelers in India today. Tata is also eyeing low-cost housing...

Author: /time Magazine | Title: Shaking The Foundations | 6/19/2006 | See Source »

...dollar behemoths by tapping armies of quick-coding, English-speaking, low-wage techies to do the software programming and back-office tasks that U.S. companies used to perform in-house. But Indian salaries are rising--the median annual wage for a software engineer jumped 11%, from $6,313 in 2004 to $7,010 in 2005, according to India's National Association of Software and Service Companies (NASSCOM)--and the country's technical colleges aren't producing highly skilled workers quickly enough. So foreign companies are turning to low-cost markets outside India, like China, the Philippines and Eastern Europe...

Author: /time Magazine | Title: India Inc.: In Search of the Next Bangalore | 6/18/2006 | See Source »

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