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Is the world heading towards an unprecedented zero-interest rate economy? In a globalized world like today’s, where economies are extremely interdependent, relative prices are one of the most important key driver for increasing exports. An appreciation of the domestic currency could scuttle export and bring the fragile economy back to recession. This would happen if all the other countries decide to keep interest rates steady. Is it rational to increase rates when all the others keep them steady? The answer is clearly no. Following Dr. Keith Weiner’s theory of interest and price2 , a zero interest rate economy can be regarded as a singularity point in Astrophysics. Once the interest rate falls to a certain point known as “event horizon”, the theory says, then it cannot escape and rise. Once that point is reached it becomes evident that (sovereign and private) debts cannot be paid off, although the truth is that it was impossible to pay off them since the very moment they were issued.

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1. BASIC I (Malaysia): 4 Days & 3 Nights Leisure + OIT programme to Malaysia- (Rs.28,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + budget yet good category hotel accommodation) 2. BASIC II (Singapore): 4 Days & 3 Nights Leisure + OIT programme to Singapore- (Rs.35,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + budget yet good category hotel accommodation) 3. ULTIMATE I (Malaysia): 4 Days & 3 Nights Leisure + OIT programme to Malaysia -Rs.32,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule + 3 star hotel accommodation) 4. ULTIMATE II (Singapore): 4 Days & 3 Nights Leisure + OIT programme to Singapore- (Rs.38,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule with 3 star hotel accommodation) 5. COMBO (Malaysia & Singapore): 5 days & 4 Nights Leisure + OIT Programme to Malaysia & Singapore- (Rs.45,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule + 2-3 star hotel accommodation.

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OVERSEAS INDUSTRIAL TOUR PACKAGES (OIT) 1. BASIC I (Malaysia): 4 Days & 3 Nights Leisure + OIT programme to Malaysia- (Rs.28,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + budget yet good category hotel accommodation) 2. BASIC II (Singapore): 4 Days & 3 Nights Leisure + OIT programme to Singapore- (Rs.35,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + budget yet good category hotel accommodation) 3. ULTIMATE I (Malaysia): 4 Days & 3 Nights Leisure + OIT programme to Malaysia -Rs.32,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule + 3 star hotel accommodation) 4. ULTIMATE II (Singapore): 4 Days & 3 Nights Leisure + OIT programme to Singapore- (Rs.38,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule with 3 star hotel accommodation) 5. COMBO (Malaysia & Singapore): 5 days & 4 Nights Leisure + OIT Programme to Malaysia & Singapore- (Rs.45,000/- only per person with GUARANTEED MAXIMUM NO.OF SIGHTSEEINGS + premium OIT schedule + 2-3 star hotel accommodation.

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Join STEi Singapore College Diploma or Certificate Courses in Hotel Management through DÁsia Overseas Education Consultants in 2015-2016 academic year. Students can earn back their money spent on college fees from their paid internships. Join DÁsia job oriented hotel management courses in Singapore with extremely minimal fees and start earning while you learn. Contact DÁsia office in Kuala Lumpur, Malaysia or Cochin, India to know more details.

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