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Sabtu, 26 Mei 2012

Foreign Investors Are Out, The Index Plummeted

Joint-stock price index (TRADE) continued to sag. At the end of trading Friday (25/5/2012), TRADE fell 2 percent to 3.902,508. Exchange rate rupiah kept depressed against the u.s. dollar. At the close of trading, the rupiah was at $ 9,380 per u.s. dollar.
Foreign investors still continued to draw its funds from the Indonesia stock exchange. 296 State in Europe be one problem trigger.
TRADE closed down 82,365 points 2,07 percent to 3.902,508. While the index plummeted LQ45 points or 16,227 2,41 percent to 657,876.
All sectors weakened. The foreign investors doubled the sales of Rp 922,57 billion neto. The Total transaction value of Rp 4,87 billion.
While the stock markets in Asia closed variety. The Nikkei index was still able to be strong and thin Hangseng. The Shanghai index weakened 17,42 0.74 percent to 2.333 55.1666667. Hang Seng index rising 47,01 points or 0.25 per cent to 18.713, 41. Nikkei 225 rose 17,01 points or 0.20 per cent to 8.580,39.

Positive Publishing Markets Greet Eurobond

The idea of issuing a "joint european bond" back sticking out. Market driven banking Europe was ready to welcome the positive that plan.
Prime Minister of Italy Carlo Monti notify majority of the EU leaders will support the issuance of the joint european bond to restore investor confidence with respect to the handling of the crisis in the European Union. The proposed publication of the joint euro bond was previously rejected by Germany.
According to economist Samuel securities, Lana Soelistianingsih, in Jakarta, Friday (25/5/2012), the market welcomed this plan despite some positive economic data down. Among other output in the manufacturing and services sectors in the EU, confidence in Germany, the business men's economic growth United Kingdom in the first quarter was negative 0.3 percent compared to the previous year.
Of the United States, there is a decrease in order of company for computers, machinery, equipment and other capital in April in the last two months. Manufacturing sector in the US is still expanding but with the lowest growth in last 3 months.
Data from China also is expected to increase in the EU'S concerns the effects of contraction. Manufacturing sector is estimated to be weakened in may for seven consecutive months.

The sluggish TRADE Opened 16 points

National Stock Exchange struck back pressure. Joint-stock price index opened weakened 16,88 points (0.43 percent) to as low as 3.967,99 on Friday (25/5/2012). LQ45 index opened down 4,24 points (0,62 percent) to as low as 669,86.
U.S. exchanges managed to recover from the pressure at which the index Dow Jones up 0.27 percent 33,60 points or, S & P 500 rises and 0.14 percent, the Nasdaq is still weakening 0.38 percent.
Recover its index boosted by news from many countries of the European Union which supports the eurobond. Consumer sector stocks rose but technology sector stocks still weakening.
European stock exchanges closed strengthened while some report still indicates a weakening of the economy. Index FTSE rises are 1.59 percent.
Asian Exchange this morning move vary. Nikkei down 0.03 percent, Kospi up 0.39 percent. Research Universe Indovest estimate Exchange Indonesia today may be moving in the green zone sustained interest in buying that began to recover, however the index is also still vulnerable due to correction of the European situation is unclear.
Stocks that can be observed today among other BSDE, Earth, LSIP, PTBA, and the SSIA.

Eurobond Issue Could Encourage The Rupiah Rate

Foreign exchange market sentiment improved on closing globally last night. One of them is related to the publishing plan joint european bond. This became the catalyst for positive movement of rupiah Friday (25/5/2012).

The exchange rate of the rupiah closed at Rp strengthened 9.268 per US dollar (exchange rate Central Bloomberg). This reinforcement, according to economist Samuel securities, Lana Soelistianingsih, identified as a-minding's results so that the rupiah is not bolted BI penetrate Rp 9400 per u.s. dollar.

Global market sentiment improved on closing night, responded to the possible publication of euro bond. Asian markets were likely to be positive today.

"We expect To INR was in the range between Usd 9,350 to Rp. 9.380 per US dollar without intervention of BI. But it could survive in the range of Usd 9.290 to Rp 9,320 per US dollar if BI is still on the market, "said Lana.

TRADE Is Still Flat, Tending To Weaken

Joint-stock price index in trading Thursday (24/5/2012) yesterday closed successfully strengthened the thin driven by the action of buying ahead of the closure. Friday (25/5/2012) the movement of the index is still limited and tend to weaken.
Rising commodity-based stocks as well as the action will wait the result of the European leaders meeting in Brussels dyeing trade yesterday. IHSG's own relative move more on the negative area.
"Although foreign firms need to look out for that are still recorded a net sell (net sales) in the market. Uncertainty conditions in Europe which threaten global growth triggers the discharge of allegedly foreign investors from the market, "Panin Securities analyst's view, Purwoko Sartono in Jakarta this morning.
Some of the most sought-after stocks yesterday AALI, TOWR, TOBACCO COMPANY, GGRM, and a PTBA. While most stock is removable, DSSA, LPGI UNTR, TLKM, and INRU.
This Friday predicted the index would move Purwoko sideways with the tendency of weakening. Range support-resistance today 3,940-4000. Stock selection is the PTBA, ADHI, PNBN, and SMGR.

Hope to TRADE Again to as low as 4,000

Joint-stock price index continues to experience the pressure of selling in the last two weeks, thus reducing the rate of penguatannya in the short term. On the last day of trading this week, Friday (25/5/2012), market participants waiting whether the index can go back to 4,000 level again.
In technical research analysis, based Securities, TRADE suffered eTrading pressure selling yesterday, but the ends closed plus. If today the TRADE can rise up to 4020, then it will be a candlestick pattern Bullish Breakaway, which is the formation of candle reversal with a fairly high degree of accuracy. For that very important support level of TRADE at 3,908.
As for the TRADE sector is the driving force of mining and agri, which yesterday strong enough withstand the TRADE until at the end of the closure.
Yesterday, the TRADE closed up 3.30 points (0.08 percent) to as low as,87 with the number of transactions 3.984 6.55 million renovations or equivalent Usd 3,73 trillion.
The agricultural sector rose 1.67 percent and mining drove 0.84 percent. Recorded 137 stocks strengthened, 110 stocks weakened, 116 stocks unchanged, and the 225 stocks not traded at all.
Foreign investors took note of net sales in the regular market valued at Rp 453,91 billion with most stock is sold, TLKM, ASII UNTR, JSMR and the BBCA.

Iran Push Oil Prices Up

The price of crude oil rising from the position of the lowest in seven months following a difference of opinion among a number of countries in a meeting with negotiators Iran nuclear project in Baghdad. Iran is OPEC's second largest oil producer after Saudi Arabia.
West Texas Intermediate oil price for July delivery rose 76 cents to 90,66 US dollars per barrel on the New York Mercantile Exchange, Thursday (24/5/2012) local time. While the price of Brent crude for July setting up 99 cents, or 0.9 per cent to 106,55 US dollars per barrel on the ICE Futures Europe exchange in London.
A number of countries consisting of China, France, Germany, Russia, United Kingdom, and the United States are negotiating with Iran regarding its nuclear project. Head of Eu foreign policy, Catherine Ashton, says, the negotiations continue to thrive even though there are a number of barriers that hinder.
Those countries trying to press Iran to stop processing uranium in its nuclear project. Catherine also said Iran presents a five-point plan and are willing to discuss the production of uraniumnya which upgraded to the level of 20 per cent. However, Iran has not so far unwilling to promise that its nuclear project is not a dangerous project. "
Iran's tactic is to make as if they want to speak but no something real there, "call Kyle Cooper, Director of research Commodities IAF Advisors in Houston, Thursday local time. Kyle mentions, it is more to the discussion but it's better than nothing.

Rated Low, PARLIAMENT Requested The Tax Ratio Rose

The Government is constantly working to boost State revenues from tax and non-tax sector. Even so, the House of representatives (DPR) considers the ratio of tax revenue to gross domestic product (GDP) aka the tax ratio was still low. Hence, the next year the HOUSE asked the Government boost revenues of the sector taxation of natural resources so that the tax ratio can be increased up to 16 percent.
Request this HOUSE's views appear in the faction-faction in the House of the early introduction of budget income and Expenditure Framework (REVISED) 2013. All factions agree to a proposed Government assumption of macro. Several faction raise Government requested the tax ratio is judged still low.
A spokesman for the faction the National Awakening Party (PKB) reveals a Chalim Chusnunia, macroeconomic projections presented the Government is still moderate. From the side of the reception country, the Government is projecting up about 12 percent dominated by revenues from the sector taxation.
Even so, the Chusnunia rate, during this time, the tax ratio figures Indonesia is still not optimal. Hence, "PKB Faction pushed the Government to raise the tax ratio to around 14%-16% next year," he said in the plenary of PARLIAMENT RI, Thursday (24/5/2012).
His opinion, to increase the ratio of tax administrations should optimize the reception not the tax (PNBP) especially from natural resources (SDA), STATE-OWNED ENTERPRISES and other dividend PNBP.
A spokesman for the faction Generra Aware, Inc. also agreed with the proposal that the Government is constantly working to do optimization of State income. "Optimisation of Policies should be aligned with the State income tax rateincrease," he said.
Golkar Faction spokesman Edison Retraubun added, during this national tax rate is still very low, in the range of 12 per cent of GDP. Well, to increase the share of the Government must fix the tax system and apply the tax billing systems improved. So there's not much tax disputes.
Optimism can be achieved
Responding to this demand increase in tax ratio, Finance Minister Agus Martowardojo admitted it during this tax ratio is indeed still in the range of national 12 percent. But, this figure does not take into account tax areas and natural resource tax (SDA). "If the local tax and taxes natural resources incorporated, a tax ratio can reach 16 percent," he said.
Agus claim, the tax authorities have been working hard to improve reception. This is visible from the growth in taxation revenue was up 20 percent per year. Just because the GDP also continue to increase the share of the tax to GDP ratio we still continue to persist in the range of 12 percent.
To achieve an increase in the ratio of tax to include two elements of the tax, according to Agus there needs to be a revision of the tax laws. In addition, the Government should also improve the system of calculation. The article, "on individual tax for example, there are still many regulations too favourable for taxpayers, but less profitable for the State," said Agus without detailing which rules that benefit taxpayers.
Head of Agency fiscal policy Ministry of finance Bambang Brodjonegoro added, if take into account tax areas and SDA, current tax ratio reached 15 percent. "If it was encouraged from the SDA, the ratio of taxes could rise again and laboured can 16 percent," he said.

Minister Of Finance: Stock Maximum Authorities Of BI

The policy problem kepelimikan the maximum stake is bank Indonesia Banking authority. Ministry of finance during the process are invited to consult the discussion continues.
So said Finance Minister Agus Martowardojo DW, answering questions of journalists in Jakarta, Thursday (24/5/2012).
"We from time to time invited to consult, and in general we support fully what was planned to be BI. That's the goal for prudence, and to ensure that our systems are increasingly respond the era of globalization, "said Agus.
A question of how big a stake out, Agus continue, it is fully the authority of BI. Principle, to the owner of a bank that is in an increasingly regulated sectors, will be given a greater chance than non-owners in a regulated sector.
"I see it, this is something good. Because, for example, if the bank industry was owned financial institution, a financial institution that's been quite clearly regulated. That is, they are given the opportunity to have a bigger one. While not a smaller financial institutions. The amount how we submit it, of course, at the policy of BI, "added Agus.

Senin, 21 Mei 2012

Stanchart Mutual Fund Shares Selling U.S. Dollar MAMI

Standard Chartered Bank became the official distributor of the mutual fund Greater Manulife Indonesia Fund (MGIF) in May of this. It was the product of mutual fund shares denominated in U.S. dollars under management of PT Manulife Asset Management Indonesia (MAMI).

President Director of MAMI, Legowo Kusumonegoro, said that Standard Chartered Bank is the first bank realtors who market these products to the general public. "We have established good cooperation with Standard Chartered Bank for 11 years and with good service quality and breadth of the marketing that is owned by Standard Chartered, we believe this partnership will give more benefits to customers both institutions," said Legowo, the Kompas.com release received on Monday (5/21/2012).

With a minimum investment of 100 dollars, a customer with an appropriate risk profile, can directly be MGIF mutual fund investors in all branches of Standard Chartered Bank. In addition to investing in U.S. dollar, investors still get a capital market investment opportunities in Indonesia.

Lanny Hendra, General Manager of Wealth Management & Marketing Country Head Consumer Banking Standard Chartered Bank as a product look unique MGIF remember this is the only mutual fund shares are denominated in U.S. dollars Indonesia.

"We see Greater Manulife Indonesia Fund as a unique product recall of this product is the only mutual fund shares are denominated in U.S. dollars Indonesia," said Lanny.

Since its launch on 14 September 2011, MGIF yield of 23.93 percent by the end of March 2012. This performance is much better than the criterion, namely JCI in U.S. dollars, 3.17 percent performing in the same period.

Currently, MAMI manages 17 mutual funds. In addition to six equity funds, where one of them is Greater Manulife Indonesia Fund, MAMI also manages six mutual funds fixed income, mutual funds 3 mixture, and two money market funds.

It's only debt to Close Budget Deficit

Director General of Debt Management Rahmat Waluyanto Ministry of Finance stated, a loan or debt when it's only for the financing or close the budget deficit in the state budget. This is in accordance with the laws of the State Budget (Budget).
Nominal debt is increasing, but judging by the ratio of debt to GDP, the debt ratio actually fell.

It was announced said Rahmat Kompas, Sunday (05/20/2012) evening, in Jakarta. Grace before being asked about criticism of members of the House Commission XI, Arief Budimanta, that the foreign debt rose more sharply it is not productive to the real economy of society, but to close the deficit or to financial services or for the debt itself.

"According to the State Budget Law, the increase in debt right now is only used to finance the budget deficit," he said.

However, Rahmat said, the increase in the amount of debt has been approved by the House because they have first discussed the mechanism of the state budget. "Nominal debt is increasing, but if we look at the ratio of debt to gross domestic product (GDP), the debt ratio we are actually getting down," said Rahmat.

According to Grace, within five years, the ratio of debt to GDP continued to decline. In 2007, the ratio of debt to GDP was 35.1 percent, but in March 2012, debt to GDP ratio had reached 23.9 percent.

"This means the ability of our state budget to pay the debt will be even greater than before. This is shown by the improvement in our rating in the eyes of the creditors and financial institutions," said Rahmat again.

Taxpayer Assessed Tax Receivables bleaching Kemkeu Inspector General

Minister of Finance issued regulations to control procedures for the removal of tax receivables and determination of the amount of tax that can be bleached. These rules set out in the Minister of Finance (PMK) No. 68 Year 2012, replaces the previous rule, the Minister of Finance (KMK) No. 565 of 2000.

Beleid signed by Finance Minister Agus Martowardojo on May 2 last mentioned, the government could eliminate seven types listed in taxes receivable, the first, Tax Collection Letter (STP), the Tax Underpayment Assessment Letter (SKPKB), the third Tax Underpayment Assessment Letter Additional (SKPKBT), fourth Notice of Tax Payable (SPPT).

Fifth, Tax Assessment Letter (SKP); sixth Additional Tax Assessment Letter (SKPT), the seventh correction Decree, the Decree of Objections, Appeals Judgment, and Judgment Revision, which causes the amount of tax payable increases.

Director General of Taxes Fuad Rachmany admitted not concerned with this rule. According to him, these rules aim to improve the accountability of the management of state finances. "In order for handling accounts receivable more accountable and to have good governance, as well as avoiding the possibility of counting," Fuad said last week.

Some of the criteria that taxpayers deserve a deletion of accounts receivable, among others, the taxpayer personally because the person or the person in the tax had passed away. Other criteria if the taxpayer can not be found to exist so that the tax collection expired.

As for corporate taxpayers, several criteria must be met in part because the taxpayer dissolved, liquidated or bankrupt. In addition, the right to collect taxes has expired.

Before calling for the elimination, head of tax office shall prepare a list of the proposed deletion of accounts receivable, and then forwarded to the heads of regional offices and the Directorate General of Taxation. Well, the Director General of Taxation will propose the elimination of the tax accounts to the Minister of Finance.

Furthermore, the Inspectorate General of the Ministry of Finance on the assignment of the Minister of Finance to review the proposed elimination of tax receivables are presented by the Director General of Taxation. Then, the Finance Minister issued a Decree of the Minister of Finance (KMK) on the abolition of taxes receivable.

Just for the record, until June 2011, total tax receivables of about Rp 72.3 trillion. Meanwhile, the amount of tax for five years expired alias uncollectible during the period was reached Rp 4.5 trillion. (Herlina Kartika Dewi

Continues, the pressure against the yen

n today's trading dollars with the potential to move the consolidation trend. Such records of BNI analyst Treasury Unit in Jakarta, Monday (05/21/2012).

Greek shadow of uncertainty coupled with the fear of the market against the threat of spreading European debt problems indicated pressure on the rupiah will continue. Moreover, the volatility of the currency movements of commodities are still vulnerable and tend to favor the U.S. dollar as a safe-haven currency.

Nevertheless, optimism among market participants on the oversold condition that sheltering seed stocks rebound led to his chances of Composite Stock Price Index.

This too led to positive sentiment for the rupiah to survive.

On Wednesday (5/16/2012) last week, the exchange rate closed higher at the a level of Rp 9242 per U.S. dollar compared with the opening level which is at Rp 9265 per U.S. dollar. On that day, the rupiah moved in the range of Rp 9237 to Rp 9275 per U.S. dollar.

Spared from the weakening of the rupiah in-depth, even able to rise ahead of the weekend. It is suspected because of the U.S. dollar sell-off by Bank Indonesia.

Nevertheless, the threat of depreciation of the Greek state to respond to concerns that the Asian markets also hit by the rupiah had passed without a new psychological level beyond the position of Rp 9,300 per U.S. dollar's.

Before Soros Borong Gold Prices Fall In

High profile billionaire, George Soros again did the unexpected action. 82-year-old man adds to his portfolio in precious metals in the first quarter of 2012.

Through SPDR Gold Trust, Securities and Exchange Commission United States (U.S.) explained, gold investment portfolio Soros Fund Management LLC increased rapidly up to 273.96 percent. The details, in the last quarter of last year only 85 450 shares ownership Soros. But in the first quarter of this year's ownership to 319 550 shares.

Keep in mind, the first three months of this year, the price of the precious metal rose 6.7 percent. At that time, the market speculated that the U.S. central bank, The Federal Reserve will begin buying up bonds or third episode of quantitative easing.

"At that time, people were more optimistic about economic growth because there is a signal quantitative easing (QE3). Lot of liquidity flowing into riskier assets, including commodities and precious metals," commentator Michael Gayed, chief investment strategist, Pension Partners LLC New York.

Then what will happen to Soros investment? This strategy is intriguing, because starting from 30 March, gold prices have collapsed at least 8.1 percent and recorded the biggest decline since 2004. Greek political climate heats up to encourage investors busy buying up the U.S. dollar and switch from gold. That is, Soros bought gold before its price fell sharply.

"Conditions at the end of this week-end was different from what happened in the first quarter," said Gayed.

For the record, the SPDR Gold Trust, also known as SPDR Gold Shares is part of the exchange-traded funds (ETF) managed and traded by State Street Global Advisors. Underlying this is a gold transaction. (Dyah Megasari)

Banker: Make BI Rupiah Controlled Intervention

Director of Treasury, Financial Institution & Special Asset Management Bank Mandiri Royke Tumilaar optimistic that the condition of dollars in recent days to climb will not be directly bolted to the upper level of Rp 9,500 per U.S. dollar. This is because a convoy of Bank Indonesia (BI) on the market.

"BI will certainly try to stabilize by the intervention. Our strategy is to support the rupiah did not run fast to Rp 9,500. If rising, rising in stages," said Royke, Monday (05/21/2012). He estimates that the rupiah will be maintained in the range of Rp 9200-9300 for the United States dollar (U.S.).

Based on the middle rate of BI, the rupiah against the U.S. dollar continued pressure. On May 11, 2012, the rupiah was perched on the level of Rp 9180 per U.S. dollar. Rupiah weakened again on May 14, 2011 at the level of Rp 9220, Rp 9265 on May 15, 2012, and Rp 9280 on May 16, 2012. However, this afternoon, (21/05/2012) Bank middle rate of the rupiah strengthened slightly to indicate a level of Rp 9268.

Previously, BI Deputy Governor Hartadi A Sarwono rising value of the exchange rate due to global sentiment, particularly the European economy. Attenuation is also experienced by other currencies in the Asia region.

"What can we (BI) to do is do not let the rupiah weakened too quickly. Intervention remains we do with time and the right amount," said Hartadi. (Adiatmaputra Fajar Pratama)

Although there is potential for strengthening JCI Limited

Composite Stock Price Index closed lower again in the middle of a short trade from the long holiday weekend. IHSG oversold conditions can make stronger, but weaker trend was seen from the strength of the external negative sentiment.

Panin Securities analyst, Purwoko Sartono, expressed a negative sentiment from China's economic slowdown and political conditions of Europe, especially Greece feared the crisis would make the recovery more protracted Europe. "We're looking for today's movement of the index will be influenced by the movement of our stock index during last week's holiday in addition to news from Europe," katas Purwoko in Jakarta, Monday (21/05/2012).

From the technical side, the JCI is already quite deep decline. Oversold conditions on a few leading stocks also opened a potential rebound in the stock index. "However we have not seen any bullish reversal signal. We projected the index moves mixed with a tendency to weaken in the range of 3930-4000 support-resistance," said Purwoko.

Almost all sectors of the stock in trade last Wednesday but declined misc-ind sector (+0.12 percent). As many as 41 stocks recorded gains, 200 stocks declined, 38 stocks unchanged and 122 shares are not traded at all.

Kamis, 17 Mei 2012

Will Rupiah Depressed, BI Keep on the Market

The global market was down again last night, still with the fears of the European Union. Securities economist Samuel, Lana Soelistianingsih inJakarta, Tuesday (15/05/2012) estimate the exchange rate will be maintained in the range of BI is now between Rp 9240 to Rp.9.260 per U.S. dollar.

Rupiah weakened again yesterday, closing at Rp 9250 per U.S. dollar(Bloomberg middle rate). Negative sentiment comes from the weakening euro for fear that the release of the Greek of the euro zone. Stock markets in Asia, including Indonesia also fell. Jakarta Composite Index fell 1.48percent to 4053.07.

While the price of Brent crude oil is stable and WTI prices drop. Of thecountry, along with the rise in nine-month SBI rate in the last three months,from lows at 3.8229 to 4.23785, it seems that expectations of interest ratesfall more limited.

Nine-month SBI rate is part of the monetary operations, so the increase in interest rates is a signal interest rates start moving up. Trend of rising interest rates is also evident from the rising yields on Treasury bonds, especially for medium and long tenor.

Rise in yields is expected to also attract funding to sing portfolio securities, which can reduce the potential of Indonesia's balance of payments deficit this year 2012.

Euro Slump To Lowest Position 4 Months

The euro fell to its lowest in nearly four months against the U.S. dollaralong with the leadership vacuum in Greece prompting European officials toconsider the prospects for the early departure of a currency union member country.

The euro slipped 0.7 percent to 1.2823 U.S. dollar on Monday (5/14/2012)at 5 PM in New York, having earlier touched 1.2821 dollars, the lowest level since January 18, 2012. The euro also fell 0.8 percent to 102.39 yen and 102.23 yen which had touched its lowest level since February 16, 2012.

Meanwhile, the yen rose 0.1 percent to 79.85 dollars. The weakening of a common currency for 17 European countries the second day against the yen as the ratings agency Moody's cut its credit rating 26 Italian banks, Unicredit SpA and include Intesa Sanpaolo SpA. The agency sees revenues and a weakening economic outlook.

"The problem now is the Europeans have much trouble spots right now, and Greece is only one of it," said Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman & Co., in New York on Monday.

Marc says, the Greeks wanted to remain in the euro zone, but the local government wants to renegotiate the fiscal pact. Meanwhile, the dollar index (DXY) rose for the day-to-11 and the British pound rose to its highest level against the euro since 2008 as investors sought refuge.

U.S. stocks Knocked Greece

Wall Street blush. At 16.00 hours, Monday (5/14/2012) New York time, Standard & Poor's 500 index fell 1.1 percent to 1338.35. This is the lowest level since Feb. 2. While the Dow Jones Industrial Average index fell 1percent to 12695.35. Approximately 6.6 billion shares changed hands in transactions throughout last night.

Financial and energy sectors posted the biggest decline among 10 other sectors are gathered in the S & P 500. Meanwhile, a number of stock movements also influence the U.S. market are: JPMorgan Chase & Co. and Bank of America Corp., which fell at least 2.6 percent. In addition, there are also stocks of Alcoa Inc. and Schlumberger Ltd. fell more than1.5 percent, and Symantec Corp. are down 1.4 percent.

U.S. stocks decline was influenced by a number of factors. Of which the Greek state is still not stable and are trying to create a new government. Not only that, the market is also increasingly worried that European leaders are considering to exclude Greece from the Blue Continent.

"Investors are very worried about this Saar. Overall, investors focused on the political condition of Europe. No one knows what will happen later and the markets hate uncertainty," said Madelynn Matlock, an analyst at Huntington Asset Advisors in Cincinnati.

European Distressed Situations, 4100 Leave Index

Political chaos and economic recovery in Europe has not been dragged Composite Stock Price Index (CSPI) fell 61 points. European stock markets were falling because the Greek government had not yet formed.

At the close of trading on Monday (5/14/2012), Jakarta Composite Index fell by 61.073 points or 1.49 percent, to 4053.067. While the LQ45 index fell 9.688 points, or 1.40 percent, to 686.856. Kompas 100 index fell 13.8 to 899.05.

Foreign investors still continue to release the stock to record net sales of 132.17 billion. Total trade value reached Rp 3.4 trillion.

Stock exchanges in Europe in early trade also depressed due to political and economic situation of Greece is still uncertain. London's FTSE index fell 0.80 percent to 5531.21. Athens index lost 4.5 percent to hit bottom in 1992. Index in Spain also fell 0.7 percent.

Bourses in Asia which had gained was partially closed down. Shanghai Composite Index fell 14.26 points, or 0.60 percent, to 2380.73. Hang Seng Index fell 229.59 points, or 1.15 percent, to 19735.04. Nikkei 225 index rose 20.53 points, or 0.23 percent, to 8973.84.

Ranch Market price IPO Offer at Rp 425 - Rp 510

PT Supra Boga Lestari offers the public offering price or the initial public offering (IPO) in the range of Rp 425 - Rp 510 per share.

This is expressed by Managing Director Michael Steven Securindo KresnaGraha in Jakarta, Monday (14/05/2012). Supra Hospitality has appointed Krishna Graha Securindo as IPO underwriters.

Supra Catering will issue shares as much as 20 percent of the total capital paid-in shares, the maximum alias 312.897 million ordinary shares. It means that high retail manager Ranch Market and Farmers Market this will cost the fresh around Rp 132 billion to Rp 159 billion through the celebration.

The Company will use 60 percent of the proceeds from the IPO for expansion, particularly the increase Ranch Market stores and Farmer Market. This expansion will be gradual over the next two years. Mean while, 21 percent of the funds will be used to pay off debts to the bank, and the remaining 19 percent is used for working capital.

Is estimated that the offering period on 1 June to 4 June next. Allotment on June 5, and listing of shares on the Stock Exchange on June 7, 2012.

The weakening Rupiah carefully

The rupiah is expected to move with the trend of consolidation to weaken this week. Reported about the euro zone is still a determinant for the movement of dollars this week.

That was said by analysts of BNI Treasury Unit, Klara Pramesti, inJakarta, Monday (14/05/2012).

Europe's economic fundamental data such as gross domestic product, inflation and economic sentiment is an important data which can affect the rise and fall of rupiah. Indication of the strength of the supremacy of the U.S. dollar against other major currencies come to give a negative sentiment for dollars.

Moreover, market expectations of them think that safe haven is still the mainstay for the placement of the rupiah strengthening its portfolio of potential loosening.

Meanwhile, the lack of economic data Indonesia which will be released next week likely to make the move less volatile rupiah. Overshadow the lack of positive sentiment Indonesia rupiah predicted participate withstandfluctuations.

Tug global sentiment that will affect market transactions allegedly made investors hold a portfolio in rupiah. But through the help of Bank Indonesia intervention opportunities for the strengthening of rupiah.

Stock Domestic Support Rupiah

In trading on the Forex market today, Monday (5/14/2012), the rupiah potential move with the trend of consolidation. According to analysts of BNI's Treasury Unit, market participants indicated that vigilance will still be affected by the issue of Europe's debt crisis.

This situation led to his limited opportunities would further support the rupiah movement of the supremacy of the U.S. dollar. China's central bank called for the news will cut China's banking minimum reserve requirement by 50 basis points by May 18 next following cues signaling the rise of the stock of domestic currency persistence of RI.

While the organization of auctions of government securities targeted Rp 6trillion opportunity to attract foreign funds flow into the domestic economy and the potential to increase energy for dollars.

On Friday (11/52012), the rupiah closed lower in thin level of 9190 perU.S. dollar compared with the opening level and positioned at 9180 perU.S. dollar, after moving in the range of 9135-9190 per U.S. dollar. The continuing problem of Greek political deadlock that threatens the worsening debt crisis and the euro zone trade data of China in April was lower than expected, were pressing the rupiah exchange rate movements.

Jumat, 20 April 2012

Port Infrastructure Construction 70 Percent Problem

Nearly 70 percent of coastal port infrastructure and buildings in Indonesia problematic, because the planning and design standards coastal construction. Akibatny, operational costs are very wasteful, unsustainable and easily damaged.

Though nearly 60 percent of cities in Indonesia are in coastal areas, said Head of Coastal Dynamics Assessment (BPDP), Rahman Hidayat, Thursday (19/04/2012). The number of port docks, buildings and coastal shore protection structures are not appropriate due to the design standards kontrusksi that do not adjust to local conditions and the coast of the limited design skills.

"Very few designers of buildings and infrastructure on the coast of Indonesia that equip themselves with knowledge about the condition of the beach morphology along with its properties," said Rahman. He hoped that similar things do not happen on airport development plans in the southern coastal province. Rahman suggested the government would conduct a study testing the physical and numerical models to anticipate the possibility of earthquake and tsunami. Because the southern coast of DIY including the threat of tsunami prone areas. In addition, the level of abrasion due to high waves are also very large and occur almost throughout the year.

"We hope the government would review the DIY plans to build the airport near the southern coast of Java. If you still run, I think we need an in-depth study of the physical conditions and contours of the southern islands of Java and I think needs to be built and tsunami protection breakwater," says Rhman.

While other researchers BPDP, Widjo chat, said the southern coast of Java is prone to earthquakes and tsunami threats. Although rare in southern Java earthquake because the relative age of a very old plate, which is 150 million years, compared to the Sumatran plate average of 60 million years old. "But in the southern Java tsunami was unique, but the slow earthquake can cause a large tsunami because of sediment deposition with a thickness of over 60 meters above the plate. In the event of dislocation of the impact of the tsunami plate three times larger than the area without sendimentasi," said Widjo chat.

RAPP Showcase Exhibition Measuring CO2 Emissions in Climate Change

Riau Andalan Pulp and Paper (RAPP) following the '2 nd Indonesia Exhibition Climate Change, Education Forum, initiated and the National Council on Climate Change (DNPI).

Chairman Tony Wenas RAPP in a news release Friday said the exhibition is very useful to convey information to the public about the various facts and scientific evidence on climate change and its impacts, and to convey information about the achievement of the various parties in conducting mitigation and adaptation to climate change impacts.

At this exhibition, which displayed one of the RAPP is a Li-Cor 8100 which is a gauge of soil CO2 flux automatically. The tool can measure the CO2 emissions every 15 minutes and the data can be downloaded remotely via the GSM network. This tool is one of the most advanced CO2 emissions measurement tool available today.

In the discussion that was part of this exhibition, inviting experts RAPP land resources, Prof Muhajir Utomo, a member of the Monitoring, Reporting and Verification (MRV) for the implementation of eco-hydro by PT RAPP Kampar Peninsula.

He presents the results of MRV has been done during the last 1.5 years. MRV program was conducted to answer the concerns of some of the Kampar peat ecosystem damage and negative impacts on local communities.

"With the company's commitment to always apply the best practices (best practices) and the continuous improvement (continuous improvement), we are optimistic that the company is able to contribute to the preservation of peat in the Kampar Peninsula ecosystem and to improve the welfare of the community," said Tony Wenas.

In this exhibition, Balthasar Kambuaya Environment Minister, Chairman of the National Council on Climate Change (DNPI) Rachmat Witoelar accompanied by Chairman of Riau Andalan Pulp and Paper (RAPP) Tony Wenas, Managing Director of RAPP Kusnan Rahmin RAPP opportunity to visit booths and listen to the explanation of a work Li-Cor 8100 which is a gauge of soil CO2 flux automatically by the researchers, Bogor Agricultural University (IPB) Dr. Satyanto K Saptomo.

Oil prices drop

Oil prices fell in trading in New York, Thursday (19/04/2012) local time, following the U.S. Labor Department report that said filing applications for unemployment benefits and more-than-expected existing home sales fell.

Both of these are adding to worries the U.S. economic recovery will be long.

West Texas Intermediate oil price for delivery May shrank 40 cents to 102.27 dollars per barrel on the Nymex. It is the determination of the lowest price since 10 April 2012. Then, Brent oil for June dropped the determination of 3 cents to 118 dollars per barrel on the ICE Futures Europe exchange in London.

U.S. Labor Department announced, actual unemployment claims fell 2,000. But their total number is still there 386 000 claims last week.

Meanwhile, a Bloomberg survey estimates that only 370 000 claims. On the other hand, according to the National Association of Realtors, in Washington, home sales fell 2.6 percent. Based on the figures, the annual level dropped to 4.48 million from 4.6 million in February.

"Jobless claims combined residential rate is evidence that the economy is still having a little trouble," said Phil Flynn, Vice President for Research PFGBest, in Chicago, Thursday. "The economy continued to grow but very uneven," added Phil.

Job Seeker No Need to Take Paper

Job seekers who come to Compass Career Fair 2012, at Balai Kartini, Jakarta, 27-28 April 2012, no need to bring the proposal in the form of paper files. Simply by bringing the files in soft copy. Application file, such as curriculum vitae, will be uploaded into the system where the activities take place.

"So the job seeker to come, enter your CV into the system," said Project Manager Karier.com Compass, Marine Novita, Wednesday (18/04/2012). Identification number that will be used later to apply for vacancies in each booth.

This condition is different from previous KKF using a barcode system. "When purchasing tickets, job seekers can enter the ID number for each booth," he added.

This year the KKF system does not work online or use the internet. System in the KKF, titled "Career Engagement" will be offline. "To minimize the internet down," he explained.

"In this event we use a system that we have designed themselves. HRD find any matching candidate or candidate. Bottom line with this system we can find a job," said Marine.

For information, KKF brings together around 200 companies in 2012. In addition to providing many job opportunities, KKF also deliver the kind of talk show that will last for two days.

There will be 12 Jedi who talked about his career. Do not miss the SOE Minister Dahlan Iskan and Career Coach Rene Suhardono will provide knowledge about careers.

A Toll Rates Go Up

A number of toll road tariffs will rise in 2012. Minister of Public Works has decided to hike toll road tariff. Kebon Jeruk toll-Penjaringan (Tol Jakarta Outer Ring W1) will even go up 10.17 percent on 24 April 2012 at 00.00.

"This toll rates should go up in February 2012. However, checks on January 26, 2012 found the toll is not yet meet the minimum service (MSS), "said the Toll Road Regulatory Agency Chief Gani Ahmad, Thursday (4/19/2012), the Ministry of Public Works (PU), Jakarta.

Once repaired, repeated checks on March 26, 2012 by the Center for Research and Development of the Ministry of Public Works Roads and Bridges. "When the SPM has been met, then the tariff is raised," said Gani.

Gani said that in 2012 there are four toll roads that charge would go up. Toll roads are toll-Simpang Surabaya Waru per May 31, 2012 and Sedyatmo Tol (Tol access Soekarno-Hatta) and Tol Jakarta-Cikampek per July 5, 2012.

Actually, the rate Kanci Toll-Pejagan scheduled ride per January 25, 2012. However, the toll was not yet meet the SPM, so it must be addressed first. Before SPM met, such as Toll-W1 Kebon Jeruk Penjaringan, the government would not grant the rate increase.

President Director of PT Baratsatu Ring Road (JLB) Faturrahman admit, there is a single lane road that does not mean because it is often crossed by trucks. "Our calculations, paving should be over in five years, but it was two years have been paved," he said.

Based on observations Compass, even though the same overpass to the toll road constructed Pluit-Priok-Cawang, toll quality Kebon Jeruk-Penjaringan worse. The road was bumpy though passing on the far right lane that is rarely crossed by trucks.

Indonesian Consumers Foundation Board Sincere Abadi said, consumers should be involved in setting the rate increase. "SPM's, right, the size of government. If the user tolls are not satisfied, how? What if the speed on the highway continues to fall. Government regulations should be changed about the rate increase, "said Sincere.

Network is disconnected

According Faturrahman, other than highway is often "broken" over-loaded trucks, as well as the daily traffic is not reached. "In the business plan, targets 65 000 vehicles per day, but its realization is only 51 000 vehicles. We also have nombok to return to banking, "he said.

W1 slipping revenue targets, said Faturrahman, because the toll network outages. In addition, the unfinished construction of Outer Ring Toll W2 from Ulujami to Kebon Jeruk. "Toll is still diawang the air," he said.

When the segment Toll W2 completed, residents in the south of Jakarta did not need to traverse the city center to the Soekarno-Hatta Airport.

According to Gani, daily traffic on the Toll-Pejagan Kanci also very little. "Maybe 9000 vehicles per day. No wonder if now they are discounting for Class III, IV, and V, "he said.

As Toll W1, which has not suffered terhubungkannya W2 Toll, Toll-Pejagan Kanci also waiting for the traffic flow from Cikampek Toll-Palimanan. Investment was aided by the involvement of the toll expressway operator Malaysia, PLUS Expressway.

Climate Change 2012 Education Exhibition Held at the JCC

Climate Change Education Exhibition (Indonesia Climate Change Education Forum & Expo) 2012 held in Jakarta from Thursday until 22 April at the Jakarta Convention Centre (JCC).

This activity was officially opened by the Chief Executive of the National Council on Climate Change, Rachmat Witoelar, who is also a Presidential Special Envoy for Climate Change Control, Assembly Hall Thursday at JCC.

Through a press release of the National Council on Climate Change (DNPI), exhibition and forum of climate change targeting 50,000 visitors this year and attended by over 175 participants representing government ministries and agencies, state enterprises, private companies, nonprofit organizations, educational institutions, donor agencies, government provinces, districts and cities, climate change and community print and electronic media.

"The exhibition and educational forums such as this should be supported and given the widest possible space for the dissemination of information and the impact of climate change solutions," said Rachmat Witoelar. Exhibition on the theme "Response to Climate Change" was intended to provoke a response from various circles to take part in finding solutions to climate change.

"Not only the key decision-makers who have a responsibility to the impacts of climate change but business and industry that has played a part in the economic sector should be able to walk in harmony in order to achieve a solution," said Agus Purnomo, head of the Secretariat of DNPI which is also the President of the Special Staff of the Climate Change Sector .

The high enthusiasm of the exhibitors to present the educational message of climate change visible through the dense series of supporting activities such as seminars, interactive dialogues, book, demo and green lifestyle.

"Around 5000 students will attend this exhibition. By invite the involvement of The Climate Project Reality Indonesia as in years past, the greater our hope that the aspirations of the community of children and youth who actively voiced concern over climate change will be channeled, one of them through the Children and Youth Forum on Climate Change.

The exhibition also invites the public to attend a movie screening of climate change. "Said Amanda Katili Niode as the Coordinator of the Division of Communication, Information, and Education on Climate Change. Amanda adds, lack of information on climate change can be understood by the general public is a challenge that must be addressed by all parties .

The results obtained from the 2nd Indonesia Climate Change Education Forum & Expo will be an important input to the multidisciplinary study of climate change solutions are implemented by the stakeholders.

Welcome Kartini, Teller Roving Jewel Berkebaya in Cars

Welcoming the Kartini Day which is celebrated each April 21, teller PermataBank berkebaya while serving customers at the service branch (mobile branch) in Jakarta, Friday (20/04/2012).

Look different than usual these days attract people passing around the car.

In this mobile branch service customers can transact as usual as in the branch office does not move.

PermataBank currently has 10 branches moving services in several cities such as Jakarta, Bandung, Semarang, Surabaya, and Denpasar. do the best ~ ~

National Consumer Day Need Government Support

National Consumer Protection Agency (BPKN) expect the government to support the launching of the National Consumer Day (HKN). One form of support is expected to pour HKN in the form of a Presidential Decree.

Chairman of the National Consumer Protection Agency (BPKN), Tini Hadad, said BPKN has sent a letter to the President on February 8, 2012 and to request that the HKN be contained in a decree. "Until now, it's still not so sure it is signed by the President," said Tini, in Jakarta, Thursday (04/19/2012).

Two days ago, he explained, the draft decree has been initialed by the Minister of Trade Gita Wirjawan and Coordinating Minister for People's Welfare Agung Laksono. However, the decree has not come out even, launching HKN can still be done.

He also said, BPKN need the presence of a number of relevant government officials, as of the Coordinating Ministry for People's Welfare. So far, he said, the new officials of the Ministry of Commerce, the Vice Minister of Commerce, which gave a positive response to HKN is planned to be launched on April 20, tomorrow.

"There has been no response from the relevant government agencies regarding HKN. Unless the Ministry of Commerce is very concerned because of the intensification of supervision of the stuff done in the ministry," added the Commission Communication and Education Coordinator BPKN, Srie Agustina.

No Fuel Up, Inflation Unattended 5 Percent

The government has tried to curb inflation in 2012 as the cancellation of plans to raise the price of fuel oil (BBM) subsidy in April 2012. In the Budget 2012 changes, the inflation rate reached 6.8 percent pegged.

"Fuel is up. So inflation should be in the range of 5 percent," said Coordinating Minister Hatta Rajasa told reporters in the courtyard the State Palace, Jakarta, Thursday (19/04/2012).

In addition, continued Hatta, the government will also seek to economy grew by 6.5 percent in 2012. The government is also trying to keep budget deficits below the 3 per cent.

Looking ahead, continued Hatta, the government will restructure the state budget posture. There are a number of posts that will change. At present, the discussion at the cabinet level is still underway.

Related to inflation, such as news Compass, Head of the Department of Economic Research and Monetary Policy Bank Indonesia, Perry Warjiyo, states, limiting the impact of subsidized fuel consumption based on engine capacity is planned to begin in July 2012 a small effect on inflation.

"If the government took limiting consumption of subsidized fuel for private cars in the Java-Bali for certain cc engine capacity up we expect the impact of inflation is not too big," said Perry in a discussion with reporters, the Office of Bank Indonesia, Jakarta, Tuesday (17 / 4/2012).

Perry explained, when the government imposed restrictions on subsidized fuel for private cars around there will be a surcharge of 0.7 percent against the rate of inflation. Meanwhile, if the government simply impose restrictions for private cars with engine capacity of the particular impact on inflation is much lower.

"We estimate the additional impact of inflation of 0.3 percent," added Perry.

With restrictions on subsidized fuel, he said, inflation could reach about 4.7 percent by the end of the year. "If that is done only restrictions for private cars is 6.4 percent economic growth can still be achieved with a 4.4 percent inflation plus 0.3 per cent," said Perry BI-related predictions until the end of 2012.

The government will make use of subsidized fuel restrictions are scheduled for July 2012. This plan will be conducted in the Greater Jakarta area.

Ministry of Energy and Mineral Resources Oil and Gas Director General Evita Legowo in Jakarta, Monday (4/16/2012), said the restrictions had been started in May 2012. But it is a vehicle specifically for government agencies both national and local, state and local enterprises in the Java-Bali region.

"After that, there are 60 days prior to the enforcement to the community in the Greater Jakarta area and then gradually in the Java-Bali according to the availability of its Pertamax," Evita said.

Government Prepares Fish Port Connector

Ministry of Maritime Affairs and Fisheries set up a liaison between the fishing port and production center at this year's market centers. It was an effort to encourage the industrialization of fisheries.

This statement was made Director General of Processing and Marketing of Fisheries Ministry of Maritime Affairs and Fisheries Saut Hutagalung in Jakarta, Thursday (04/19/2012).

Saut points out, for the initial stage, the main connecting port is planned to be placed in two production centers, such as Ambon. The rest is being studied in Sorong, West Papua; Ternate, North Maluku, and Bungus, West Sumatra.

Liaison at the production center of the port will be enabled to accommodate fish from fishing centers in anticipation of shortages of raw materials in a bad season the fish. From the port, then the fish is sent to the port connector in the center of the market.

As for the connecting port on the market centers are planned in Surabaya, East Java, and Bitung in North Sulawesi. Market centers that will collect the fish from the central liaison deployed to production for processing business.

"At least the main interface port was built in 2013," he said.

At each port will be built connecting 20000-30000 ton capacity cold storage.

Still Marginal Fishermen fate Andon

Fisheries supervisors, Directorate General of Marine Resources and Fisheries off six fishing vessels from Heilbron, Central Java, having previously been arrested for fishing outside the permitted area.
It makes no sense, but it happens. Our fishermen caught in our own country for violating boundaries, while fishermen from Malaysia who enter our waters should not be arrested.
- Syahrin Abdurrahman

They were released after a fraudulent money amounting to Rp 90 million by unscrupulous officers on behalf of Maritime Security Coordinating Board (Bakorkamla) as well as local marine and fisheries agencies.

The number of the crew who were freed as many as 88 people, who are fishermen or fishermen andon move.

It is the sixth ship KM Excellence Arta Mina, Mina Barokah Arta KM, 02 KM Resources Rezeki son, Arta Mina Rezeki KM, KM Sido Mulyo 2, and KM Sanjaya Era. The sixth ship was arrested on 8 April 2012 in a joint operation under the coordination Bakorkamla.

Director General of Marine Resources and Fisheries (PSDKP) Ministry of Maritime Affairs and Fisheries Syahrin Abdurrahman in Jakarta, Thursday (19/04/2012), andon the fishermen expressed concern that a victim of a group of people who are not responsible.

Bermodus fraud who claimed to head the Department of Marine and Fisheries of East Kalimantan Mulyana Iwan, who contacted the board fishers with a phone number 08,111,876,754. Person asked for Rp 90 million money transfers to be submitted to the Task Force Commander Bakorkamla Region II A Lubis and Head of Maritime Affairs and Fisheries Iwan Mulyana.

"We're investigating this fraud case. However, it was hard to return the money of Rp 90 million," said Syahrin.

Syahrin argues, fraud cases on behalf of officials or official has happened several times. Latter case, the person on behalf of the Director-General PSDKP fraud amounting to Rp 150 million.

He added, andon the fishermen should have equal opportunities to catch fish in the waters of Indonesia. However, the cause of regional autonomy based territorial waters often dikapling districts and provinces to permit fishing in the waters of the local agency.

Fishing vessels andon Juwana origin, he said, a permit to fish in the north of Java, but the boundary coordinates of the point of arrest are not included. As a result, fishermen caught andon potentially in other regions.

"It's absurd, but it happens. Fishermen us in our own country were arrested for violating the border, while fishermen from Malaysia who enter our waters should not be arrested," he said.

Three state-owned Hand Production "Solar Cell"

Deputy Ministry for Infrastructure and Logistics Enterprises, Sumaryanto Widayatin, say, three State-Owned Enterprises (SOEs) will form a joint venture to produce solar cell.

He also hopes eventually to the production of the three state-owned enterprises not only meet the local market but also exported. "Solar cells are the primary energy future that will continue due to be given free of charge from the Lord. Why not get started. What we began to assemble only 10 percent of it," explained Sumaryanto, in Jakarta, Thursday (19/04/2012).

He said Indonesia could produce the solar cell due to its raw materials, namely quartz sand, which are abundant. Indonesia has called quartz sand up to 75 billion tons.

"So in the future we must dare to invest it and we have to export the solar cell," he stated.

To produce the solar cell, Sumaryanto necessary to mention the three state-owned joint venture. Three state-owned enterprises are the PLN, Wijaya Karya (Wika), and Jasa Marga.

"If most (SOEs) later trouble. Well 3 was used," he said.

Right now, he said, Wika is still in the stage of assembling the solar cells purchased from outside. In other words, Wika just enjoy the 10 percent value added in the downstream.

Therefore, Indonesia needs to independently produce its own solar cell. It takes an investment of 30 million U.S. dollars to produce products that can generate 10 megawatts of electricity this.

"We want our own, independent if we export the solar cell. For what? We've got a lot of quartz 75 billion tonnes," added Sumaryanto.

Malaysian fishermen who could not Violate Territory Arrested

Indonesia patrol officers may no longer capture the Malaysian fishermen who violate the territory and into the territorial waters of Indonesia. That's because there is no clear boundary between the waters of both countries, both eastern border, middle, and west.
If by chance spotted the officers, fishermen Malaysia definitely sent home to his country. But, what about the fishermen are not out patrolling Malaysia and dredge the fish in our waters?

Based on the Indonesia-Malaysia memorandum of understanding regarding the handling of the Fisherman by the General Guidelines for Law Enforcement Agency Malaysia and Indonesia on January 27, 2012, both countries agreed not to will catch fishermen who enter the territory of another country's borders. Penalties for violations of fishing territory boundaries quite expelled.

According to the Director General of Marine Resources and Fisheries Ministry of Maritime Affairs and Fisheries Syahrin Abdurahman, the provision was actually detrimental to Indonesia.

That's because most fishermen who go into the waters of Malaysia Indonesia using harmful fishing gear types trawling (trawling) which dredge fishery resources and damaging coral reefs.

"If by chance spotted the officers, fishermen Malaysia definitely sent home to his country. But, what about the Malaysian fishermen are not out patrolling and dredge the fish in our waters?" Syahrin said in a press conference in Jakarta, Thursday (04/19/2012).

According Syahrin, according to the search in some waters, such as the Tanjung Pinang, Batam and Belawan, Malaysia fishermen often go into the waters of Indonesia. Currently there are 300 fishing boats from Vietnam and Thailand in Kuching, looking for fish in the waters of Malaysia until close to the border with Indonesia.

This condition is quite ironic associated with the capture of 88 fishermen of Juwana, Central Java, a patrol officer arrested on 8 April 2012 for violating the boundary region when caught entering the territorial waters of East Kalimantan.

Some 88 fishermen who use the six ships were eventually released on 19 April 2012 after experiencing fraud money of Rp 90 million on behalf of workers by unscrupulous Bakorkamla and local agencies and marine fisheries.

Mega Capital Sells Interest Retail Rp 248.9 Billion

PT Mega Capital Indonesia is one of 24 realtors agents designated the Ministry of Finance, the issuance of Sukuk Retail SR004.

Of issuance of the Sukuk Mega Capital, a subsidiary of CT Corporation, sold Retail Sukuk amounting to Rp 248.9 billion SR004 from total sales of Rp 13.6 trillion of government.

This is expressed by the President Director of PT Mega Capital Indonesia, Nani Susilowati, the donation ceremony Nation Child Care Education Government Retail Sales Sukuk SR004 PT Mega Capital Indonesia, the Chairul Foundation (CTF) in Jakarta, Thursday (04/19/2012).

In the event that the Director of Finance attended the Ministry of Finance Sharia Dahlan Siamat, Chairman Mrs. Anita Chairul CTF, and former Minister Yusuf Anwar also noted that financial Commissioner of Mega Capital Indonesia.

Government Retail Bond Interest is based on sharia is a safe investment instruments, as issued by the Government of the Republic of Indonesia.

According to Dahlan, in the marketing of Retail State Sukuk SR004, the government has declared the theme of Education Child Care for the Nation, which is associated with a program of Corporate Social Responsibility (CSR) of the selling agent.

Retail Sukuk issuance has been done in the last three years, and be limited but positive response from the community.

Dalaim regard, said Nani Susilowati, Mega Capital has set aside a fund of Rp 100 million for the development of English in CTF laboratory located in Medan, North Sumatra. The funding is part of Mega Capital income earned from the sale of Sukuk, to help the world of education.

Sukuk investors are not only meant for Muslims only, but also can be used as an investment instrument for the wider community. As an instrument of investment, the returns on the Sukuk is very attractive when compared to similar instruments.

"This is evident in which each State Retail Sukuk issuance is always excess demand," said Nani.

Mega Capital, said Nani, not just this time to CSR program but already several times to various social activities, in the form of aid to orphanages, nursing homes, and orphanages around the neighborhood and branch offices throughout the Mega Capital Indonesia.

While donations are tied to sales and Retail Sukuk State Government Retail Bonds are donated to the Sri Biodiversity Foundation, the sale of Government Retail Bonds ORI007 and donations to the Red Cross Indonesia (PMI) on SR002 Retail State Sukuk sales.

Chairul Anita thank you for the donation, and it will be directly used for the construction of English Language Laboratory.

CTF is the foundation engaged in education that aims to create a superior child. Those in the CTF are the children of victims of the tsunami disaster in 2004 which ruled dibawag House Children Madani (RAM).

There is also seeded the high school held a special CTF for children from poor families but have good academic achievement.

Toll Rates Discounts May Only Given

Toll Road Regulatory Agency toll freeing each operator to provide discounted toll rates. If it is necessary for the promotion or anything else.

"The issue of discount rates is not regulated by the government. Go ahead decision was taken by the operator," said Chief Gani Ahmad BPJT, Thursday (04/19/2012) in Jakarta.

Gani answer questions about the discount Jasa Marga is now set at 10 percent for the use of electronic cards. In Toll-Pejagan Kanci, toll operator PT Bakrie Toll also give discounts to users of the road from Class III to V.

"Discount, to attract users a way to pass the toll road," he said. President Director of the Western Ring Road Faturrahman complain, there are times when the target is not reached by the traffic because there is even a new artery or development of new highways.

Picture warnings Cigarettes 40 Percent

The ministers agreed to pictorial and written warnings about the dangers of smoking to 40 percent of the cigarette packs on each side. Transition time application of this rule is one year to two years since its enactment.
Tobacco farmers need not worry because this rule still protect their existence.
- Agung Laksono

Coordinating Minister for People's Welfare Agung Laksono after the Cross-Sector Coordination Meeting on the Draft Ministerial Regulation (RPP) on Protection addictive substances Substances Containing Form of Tobacco Products for the Health in Jakarta, Thursday (04/19/2012), says that this rule is to protect hazard posed by cigarettes, not smoking bans.

"Tobacco Farmers do not need to worry because these rules are still protecting their existence," he said.

This coordination is present in the meeting, among others, Coordinating Minister Hatta Rajasa and Deputy Minister of Health Ali Ghufron Mukti.

With this provision, each tobacco company must include picture warnings on every pack of cigarette smoking at least 40 percent of the cigarette packs on each side. Rules Indonesia is lagging behind compared to other countries because they already include pictorial warnings by 70 percent since a long time. In fact, some countries already require plain cigarette packs.

However, there is no clarity when the regulations will be established. RPP on Safety Materials Containing Tobacco Products form of addictive substances is brewing for the Health and antarkementerian since 2010 and is the mandate of Law Number 36 Year 2009 Health on Health.

Dahlan: Change of Directors Pertamina was a sudden

Minister for State Owned Enterprises Dahlan Iskan asserted, the reform of the directors of PT Pertamina (Persero) is not made ​​suddenly. The reform process lasted for two months.

Only, Dahlan says, he wanted to avoid the uproar in the media. "Now the process is not excited. It's necessary because, if a scene over time, directors of state enterprises will not work," said Dahlan told reporters at the Presidential Office, Jakarta, Thursday (04/19/2012).

Dahlan, through Decree No. SK-186/MBU/2012 on Termination and Appointment of Members of Board of Directors of the Company (Limited) PT Pertamina, raised five new directors.

They are Chrisna Damayanto as Director of Processing, Hanung Budya Yuktyanta as Director of Marketing and Commerce, Evita Maryanti Tagor as HR Director, Budi Luhur Djatmiko as Director General and the Director of Gas Karyuliarto Day. The director of the gas is a new position.

Background-related reforms, Dahlan said he wanted to form a "dream team" in every state. This concept was proposed Dahlan in the cabinet meeting led by President Susilo Bambang Yudhoyono.

"'Dream Team' bottom line, how to advance state-owned enterprises. SOE will not go forward if the directors do not compact. It could be a smart individual directors, but not necessarily suitable for a strong team," said Dahlan.

Meanwhile, the four directors who remain as is Managing Director Karen Agustiawan, Director of Investment and Risk Management of M Afdal Bahaudin, Director of Upstream M Husen, and Finance Director Andrew T Hidayat.

Cigarette Ads Up 72 Square Meters

In addition about the pictorial warnings on cigarette, Cross-Sector Coordination Meeting on the Draft Ministerial Regulation (RPP) on Protection addictive substances Substances Containing Form of Tobacco Products for the Health also agreed on the size of tobacco advertising in outdoor media by 72 square meters.
RPP does not prohibit the planting of tobacco, cigarette manufacturing, selling cigarettes, or smoking.

"Promotion or advertising of cigarettes is not prohibited, but regulated," said Coordinating Minister for People's Welfare Agung Laksono after a coordination meeting at the Ministry of Health, Jakarta, Thursday (19/04/2012).

Besides size, the rules of tobacco advertising ban in the RPP also demonstrate, use, and cigarette form or appearance. Ads also may not include the name of the product in question is smoking, do not stimulate or encourage people to smoke, and is not intended for children, adolescents, or pregnant women.

"RPP is to control the cigarette so that the loss is not extensive. RPP does not prohibit the planting of tobacco, cigarette manufacturing, selling cigarettes, or smoke," added Deputy Minister of Health Ali Ghufron Mukti.

RPP is a mandate of Law Number 36 Year 2009 Health on Health. The government says this RPP will be legalized, but not certain time.

20 April was declared National Consumer Days

National Consumer Protection Agency (BPKN) will be launched on 20 April as National Consumer Day (HKN). With the HKN, is expected to be a milestone in which consumers move together.

"We have set 20 April as a day of national consumer," said Chairman of the National Consumer Protection Agency (BPKN), Tini Hadad, in a media gathering in Jakarta, Thursday (04/19/2012).

Tini saw HKN is required even if the consumer protection law has been around since 1999. This is to increase protection for consumers. "Although the existing consumer protection laws is still weak," he added.

BPKN view to consumer protection is still not up to date. For example, he explained, there is still a product whose quality is below standards set by the Government of Indonesia National Standard.

In addition, there is the discovery of the use of supplemental materials that are not allowed in a product. "We own BPKN see though the Act has been pretty much and pretty, but we see the control of the government is still lacking or still needs to be improved," said Tini.

HKN therefore needed a momentum that consumers can move in together and be more aware of their rights.

Consumers can do a boycott of manufacturers who have created products that harm consumers. "In our (boycott) has not occurred. With consumer awareness does not yet exist," he continued.

So, he hoped the introduction of HKN so consumers can more intelligently and to be critical. "Whereas the 20th of April consumer awareness of their rights or their intelligence will grow by being more critical," said Tini.

Buy Premium Luxury Car Transfer Issues?

Member of the House of Representatives Commission VII, Satya Widya Yudha, requested the Government to anticipate problems hoarding fuel oil (BBM) subsidy. He also asked the government does not cover this issue with the issue of stockpiling of luxury vehicles migration of non-subsidized fuel consumption to a subsidy if it is not able to finish it.

Satya put it when asked restrictions related to the plan by the government subsidized fuel consumption in order to maintain the quota of subsidized fuel by 40 million kilo liters, which has been assigned to the 2012 Budget Amendment. "The Government must anticipate problems subsidized fuel hoarding," said Satya to Kompas.com, Thursday (04/19/2012).

Hoarding, he said, became one of the things that must be the Government in maintaining the quota of subsidized fuel. If the Government is not able to solve or anticipate problems and then do accumulation of government can not divert it to other issues.

Satya asserted, government should not shift the issue to the issue of migration accumulation of luxury cars consume fuel subsidy to non-subsidized. Because, he believes, luxury cars actually lose if using subsidized fuel. Maintenance costs can be more expensive cars. "Car buying premium Alphard is not possible," he stated.

"So do not let the issue of migration is just the ways the government to cover the issue of illegal trafficking," added Satya.

Pertamina Announced New Board of Directors

Minister for State Owned Enterprises Dahlan Iskan as shareholder of PT Pertamina (Persero) decided to overhaul the company's board of directors.

"Through this decree, the Minister Dahlan Iskan SOEs as shareholder Pertamina raised the new directors, namely the Director of Processing Chrisna Damayanto Setianto replace Eddie," said Vice President of Corporate Communications PT Pertamina Mochamad Harun, Wednesday (04/18/2012), in Jakarta.

Furthermore, Hanung Budya Yuktyanta as Director of Marketing and Trading replace Djaelani Sutomo. As for Evita Maryanti Tagor to replace the Human Resources Director Rukmi Hadi Hartini. While Noble Djatmiko as Director General Budi Waluyo and replace Karyuliarto Day as Director of Gas.

Chrisna previously served as Deputy Director of Field Operations Processing Refinery, while Hanung Budya Yuktyanto previously as President Director of PT Badak NGL.

Evita Maryanto Tagor is the President Director of PT Tugu Pratama Indonesia and Budi Luhur Djatmiko is Head of Internal Supervision. Meanwhile, Hari Karyuliarto previously served as Corporate Secretary of Pertamina.

Other board members are President Director Karen Agustiawan, Director of Investment and Risk Management M Afdal Bahaudin, Director of Upstream M Husen, and Finance Director Andrew T Hidayat.

Stacking the U.S. supply, Oil Prices Fall

Crude oil prices dropped sharply in the past two weeks because, according to U.S. Department of Energy, crude oil inventories in the country exceeds the expected. It is also related to the refining operation is not optimal.

The price of West Texas Intermediate crude oil for delivery May shrank 1.53 dollars to 102.67 dollars per barrel on the Nymex on Wednesday (4/18/2012) New York time. Meanwhile, crude oil futures have fallen 6.5 percent since the price is 109.77 dollars on February 24, 2012 which is the highest price since May 2011.

Meanwhile, Brent crude oil for determination of June also fell 81 cents, or 0.7 percent, to 117.97 dollars per barrel on the ICE Futures Europe exchange in London. "It's another week where there is fighting a big number," said John Kilduff, a partner at Again Capital LLC, New York, on Wednesday.

The fall in oil prices due to the U.S. Energy Department reported that U.S. crude oil inventories rose 3.86 million barrels in the week that ended on 13 April 2012. Though only a Bloomberg survey expect inventories rise by 1.8 million barrels.

With the surge is the rise in U.S. crude inventories had reached 369 million barrels. According to the U.S. Department of Energy, this is the largest number since the week ended May 27, 2011.

This increase in inventories due to refineries operating below 85 percent capacity for the second week. "The industry continues to work on refining the sub-optimal level and crude oil will surely accumulate if they do not cultivate it," added John.

Before the U.S. inventory report, crude oil inventories in the 34 countries that joined the industry in the Organization for Economic Cooperation and Development (OECD) also increased. According to the International Energy Agency on Thursday (4/12/2012), oil supplies in these countries rose 1.8 percent to 936.2 million barrels in February from January.

Dahlan Iskan KKF Sharing Experiences in 2012

Compass Career Fair (KKF) in 2012 will be held at the Balai Kartini, Jakarta, 27-28 April 2012. This event not only brings career opportunities, but job seekers can also hear stories about the careers of a number of "Jedi" or young, successful professional career in their respective fields ..

KKF 2012 is scheduled to deliver 12 Jedi. One of them, Melissa Rizke Amrop Director who will talk about the "Aiming and getting the right job for me in unusual way".

Then there's Elsa Christine, People Development Head Micro Banking Danamon, who will speak about "dealing with office politics and managing your boss". Finance Director Steve Kosasih Perhutanioffice did not miss to give knowledge about the transformation of self-knowledge, "now or never".

They are three of the Jedi 12 people who will attend the sessions in the middle of the talk show KKF 2012 event titled "Career Engagement" for two days.

The committee will also present the Minister of State Owned Enterprises (SOEs) Dahlan Iskan and Career Coach Rene Suhardono. Both also will share their experiences or tips about a career.

"They'll tell you a career, life experiences to further motivate the job seeker friends," said Project Manager Karier.com Compass, Marine Novita, to Kompas.com, Wednesday (18/04/2012).

He said that Dahlan was chosen because it was considered quite unusual in a career. "Dahlan is quite special because he's against the flow," added Marine.

Therefore, do not miss this year KKF. Make KKF as a cupid who will mempertemukanmu with the best companies. Get your early bird ticket for Rp 10,000 in Scholastic Book Store Jabodetabek.

Dahlan Iskan KKF Sharing Experiences in 2012

Compass Career Fair (KKF) in 2012 will be held at the Balai Kartini, Jakarta, 27-28 April 2012. This event not only brings career opportunities, but job seekers can also hear stories about the careers of a number of "Jedi" or young, successful professional career in their respective fields ..

KKF 2012 is scheduled to deliver 12 Jedi. One of them, Melissa Rizke Amrop Director who will talk about the "Aiming and getting the right job for me in unusual way".

Then there's Elsa Christine, People Development Head Micro Banking Danamon, who will speak about "dealing with office politics and managing your boss". Finance Director Steve Kosasih Perhutanioffice did not miss to give knowledge about the transformation of self-knowledge, "now or never".

They are three of the Jedi 12 people who will attend the sessions in the middle of the talk show KKF 2012 event titled "Career Engagement" for two days.

The committee will also present the Minister of State Owned Enterprises (SOEs) Dahlan Iskan and Career Coach Rene Suhardono. Both also will share their experiences or tips about a career.

"They'll tell you a career, life experiences to further motivate the job seeker friends," said Project Manager Karier.com Compass, Marine Novita, to Kompas.com, Wednesday (18/04/2012).

He said that Dahlan was chosen because it was considered quite unusual in a career. "Dahlan is quite special because he's against the flow," added Marine.

Therefore, do not miss this year KKF. Make KKF as a cupid who will mempertemukanmu with the best companies. Get your early bird ticket for Rp 10,000 in Scholastic Book Store Jabodetabek.

The dream of Manufacturers

If you want to become a great nation and participate in the competitive world, the Indonesian people would not want to develop domestic production. Reflecting the ideals of Sumitro Djojohadikusumo and Widjojo Nitisastro, it means realizing the producer entity.

Great hope was revealed in the show 40 Days Remembering the Death of Widjojo Nitisastro at the Faculty of Economics, University of Indonesia, Depok, West Java, on Wednesday (18/04/2012). On that occasion, the name of Sumitro Djojohadikusumo officially designated as the name of the UI campus and the name Widjojo Nitisastro Salemba as the name of the UI Depok Campus.

Former President BJ Habibie called Sumitro-Widjojo is the favorite characters in terms of the economic base of this nation-building. He said the nation must be as fast as possible to have domestic production. It also will be able to show that Indonesia as a nation of producers rather than consumers. He pointed to what he called the aerospace industry can be better than overseas. "It's a fact. It is unfortunate that the industry is not utilized, it is stopped. However, I am sure future generations can continue it, "Habibie said.

Head of Institute for Economic and Community (LPEM) TM UI Zakir Mahmud said Widjojo as a reliable manager with a high intellect. "She offered an economic analysis of development in inaugural speech in the 1960's, but at that time a lot of people talk about politics. Social infrastructure also discusses some of the time, form and Instruction KB as a breakthrough, "said Zakir as he took the present and next generations to interpret the notion Widjojo in the present context.

When the lead FEUI years 1964-1968, Widjojo founded the Laboratory Institute of Demography and Statistics. Demographic Institute is the first population research institute Indonesia.

Widjojo career begins with an already established support Sumitro LPEM FEUI 1953. Sumitro UI development is also laying the groundwork by sending the best students to go abroad. When they returned, they serve and transfer their knowledge.

Prabowo Subianto Sumitro present as the representative stated, the life of his father's love of red have a certain type of thread to the country and the people of Indonesia. "All he talks is how to bring the nation to a prosperous Indonesia, out of poverty. It is characteristic of red yarn Force 45, as the armed liberators who dedicated their lives for this country, "said Prabowo, who is also Chairman of Gerindra.

While the daughter Widjojo, Widjaja Laksmi Kusumaningsih, referring to the state economist Chatib Basri Widjojo like Swiss watches, beats stop when he died. According to him, the challenge to provide the next generation "battery" in order to tap new "watch" it back to life.

Aims Tax Lawyer

Directorate General (DG) Tax continues to pursue a profession based on individual taxpayers. This year, the hunt targeting professional consulting services, the tax consultant, lawyer or lawyers, and notaries.

Documents obtained KONTAN reveals plans to check compliance with the tax consulting profession is the third in paying taxes. Directorate General of Taxation will also examine the individual taxpayers who have a relationship with a company that is undergoing examination at the tax office.

Ruhaedi Smith, Director of Counseling, Services, and Public Relations Directorate General of Taxation, said the actual examination of the tax profession is an old plan is delayed. And, individual taxpayers who have large potential pay taxes should get more rigorous supervision. Moreover, taxpayers professionals who have unlimited alias-free income.

To that end, self-assessment system is not enough. Directorate General of Taxation should also synchronize the data written notification (SPT) reported tax tax consultants, lawyers, and notaries with data from third parties such as associations and professional organizations. "People who have a personal income tax-free deposit their own so we had to watch it well," said Dedi to KONTAN, Wednesday (04/18/2012).

At the outset, the tax office will check the data they receive from the tax return tax consultants, lawyers, and notaries. Armed with Government Regulation Number 31 Year 2012 on the granting and collection of Data and Information Relating to Taxation, Taxation Office will request the data to the professional associations and government agencies.

If you find data that do not match, the Directorate General of Taxation will provide an appeal to taxpayers to correct their tax return. "If there is no favorable response, we will check immediately," said Smith.

Members of the Association of Tax Consultants Indonesia Agus Susanto Lihin assess the tax measures that will comb through the tax consultant is right. However, he hoped DG Taxation no excuse to find fault and impose a greater tax burden to the tax consultant. So, "Do not let this plan be abused," he hoped.

Similar expectations also come from the Honorary Chairman of the Council of Indonesian Advocates Association (Peradi) Leonard Simorangkir. He asked the Directorate General of Taxation also examined other professions. He believes as long as this is an honest lawyer to report their income. "Even if there are bad lawyers, other professions can also do the same," said Leonard.

Concern about state-owned, multi-Equivalent Dahlan Merchants Meatballs

SOE Minister Dahlan Iskan expressed concern there is the equivalent of state-owned, multi-ball merchants, and promised to liquidate state-owned enterprises that have no business prospects and continue to suffer losses.

"Enterprises that have a very small-scale enterprises should be liquidated. There SOE turnover equal to or even smaller merchants meatballs in Block S. This is concerning that we should find a way to find a solution," Dahlan said after speaking at a discussion titled "The Increasing Value Add, Support for SOE performance Towards World Class Company "at the House of Antam, Jakarta, Wednesday (18/04/2012) yesterday.

State-owned company established in accordance with his duty, among others, to contribute to the budget and provide services to the public and keperintisan. But if tomorrow would burden the state companies should be closed.

In front of about 200 directors and commissioners of state, Dahlan said the management of SOEs to be realistic not only make the company survive, but also be able to stand alone without an injection of funds from the government and be able to compete with similar private companies.

Dahlan's remarks will liquidate the small state, said an official of PT Energy Management Indonesia (Persero) who questioned the plan for restructuring state-owned energy. Involving the restructuring of state-owned energy company PT PLN, PT Pertamina, PT PGN Tbk (PGN) and including the PT Energy Management Indonesia (EMI) is expected to create enterprise efficiency and energy targets set by the government can be achieved.

Dahlan said in addition to EMI are also many companies that are no longer strategic to run the government, such as Perum PPD, Perum Damri. "Cook a minister must deal with such a small company? In addition to issues of loss, these companies can no longer compete so that the management should be transferred to another party," he said.

For that expressed a former Managing Director of PT PLN, the Ministry is working on a rescue scenario Perum PPD and Damri through a merger, being acquired PT Indonesia Railway or even liquidated. "Cases like this should be resolved, and should not be dependent for longer," he said.

DPR: Gasoline Private Cars must be rationed Per Day

Member of the House of Representatives Commission VII, Satya Widya Yudha, proposed that the government pegged the consumption of fuel oil (BBM) subsidy to each private car per day. One way is to use the controller card. "It has to be rationed private cars per vehicle per day," said Satya when contacted Kompas.com, Thursday (19/04/2012).

According to Satya, rationing of subsidized gasoline consumption per car per day is important for the success of the government's plan to save the consumption of subsidized fuel. Understandably this year, according to the 2012 Budget Amendment, rations of subsidized fuel consumption is only 40 million kiloliters.

He welcomed the government's plan to limit fuel consumption according to engine capacity (cc). However, he said that by limiting the capacity of the vehicle or engine is not enough because it could increase the consumer or the tank car. "Cc is true, in the car right, but the tank is enlarged," he added.

That way, he said, need the system to ration subsidized fuel consumption for each individual car. One is the controller card. "If the quota has been exhausted, the public can purchase premium or pertamax economical price," he explained.

Restrictions related to the consumption of subsidized fuel, the Satya also reminded the government still needs to consult with Parliament, especially with regard to how the government's strategy to maintain the quota of 40 million kiloliters this year. "Strategies such as what to do with the government that does not happen over quota," he added.

Citi Launches Citibank Indonesia "Ready Credit"

Citi Indonesia on Wednesday (4/18/2012) launched the Citibank Ready Credit, a product which is claimed as a possible solution to address the funding needs quickly and wisely. Mentioned, this product has the facilities, the funds ready to use, anytime, anywhere at no cost, and have flexibility in payments and withdrawals

"We see a growing need for public funding, especially in terms of home renovation, education, and hobbies without having to disrupt cash flow and financial planning targets," said Consumer Business Manager Citi Indonesia Joel Kornreich.

Citibank Ready Credit is a revolving loan / overdraft without collateral in the form of cards that provide the funds ready to use, anytime, anywhere at no cost. Customers who already have a Citibank Ready Credit cards can make cash withdrawals at Citibank ATMs and ATMs throughout the BCA. If you are abroad, customers can make cash withdrawals at ATMs bearing the PLUS. With this card, the funds may be transferred to any bank via Citibank ATMs, Citibank Online Banking and Citiphone 24 hours.

Citibank Ready Credit users exempt from any costs, such as the annual fee for life, administration fees, cash advance fees, the cost of transfer to any bank. Users also do not charge a penalty when it wanted to make installment payment prior to maturity.

"With the privilege offered by Citibank Ready Credit Citi, the user is expected to be more wise in managing its finances. The selection method of payment, no administration fees charged, and the ease of withdrawal, may be a smart solution for people who want to met the needs of modern lifestyles wisely without sacrificing the planned allocation of funds for investment or retirement savings, "said Asset Product Head, Citi Indonesia Jacqueline Hartono.

Prudential Pay Claims Rp 3.9 Trillion

PT Prudential Life Assurance total claims paid Rp 3.9 trillion as of end December 2011. This number increased 18 percent compared to the end of 2010.

This was conveyed by William Kuan, Prudential Indonesia President Director, in a press conference in Jakarta, Thursday (19/04/2012).

"We are gratified to continue to participate in Indonesia's economic growth and community," said William.

Overall, the number of Prudential policyholders in Indonesia reached 1.4 million policyholders by the end of 2011. "It increased 24 percent over the previous year," said William.

The number of agents of Prudential Indonesia as much as 143,000 people, an increase of 68 percent compared to the end of 2010.

Chief Finance Officer of Prudential Indonesia Ahmir ud Deen added that the matter of Prudential investment, it is still giving a positive result. Although, there are short-term volatility in the market.

"The status achieved by Indonesia worth the investment contributed to the positive condition," said Ahmir.

Syariah Mandiri Back Pawn Gold Offer

Bank Syariah Mandiri (BSM) has been offering more products pawning gold since April 9. Bank is in compliance with the provisions of Bank Indonesia (BI) in marketing the product, such as fixing a standard operating procedure (SOP) and the financing of a maximum ceiling of 20 percent of total financing.

BSM suspend gold pawning service in late 2011. Bank Mandiri is a subsidiary of kinship with BRI and BNI Islamic Sharia. However, two Islamic banks that had already been returned to his business since March 2012.

"Discharge tray remaining Rp 1.3 trillion due to suspension, and an additional Rp 1 trillion in mortgage financing target for gold this year," said Hanawijaya, Director of BSM, yesterday (18/04/2012). Target is not much different from the realization of the pledge of gold during the year 2011.

BSM management is optimistic that this year's gold pawn business remains bright, despite regulators tighten. Through a Circular Letter (SE) Number 14/7/DPBS, BI limit finance to value (FTV) a maximum of 80 percent of the estimated price of gold. In addition, the maximum period of 4 months and the lien can only be extended twice. Then, a portfolio of gold pledge a maximum of 20 per cent of total financing. "The rules makes BI a more narrow market segments and competition will be tight," he added.

To remain competitive, Bank Syariah Mandiri expand market penetration. One way, adding 27 gold pawn service outlets throughout the year. Last year, gold pawn outlets that serve the 314 units recorded.

Besides enjoying the results, banks also earn a commission (fee-based income) from the gold pawn business. Based on 2011 financial statements, BSM won fee-based income rose to Rp 1.08 trillion or 90.94 percent. Gold Pawn contribute Rp 230 billion or the biggest. The rest comes from fund product transactions pilgrimage, administrative savings, including e-channeling.

In anticipation of reduced contribution fee based income mortgage gold, BSM will boost fee-based than other segments. "For example, enlarging the disbursement transactions Partnership and Environment Development Program (PKBL) to the micro sector," said Hanawijaya.

BSM posted a net profit of Rp 551.07 billion by the end of 2011, grew 31.67 percent over the previous year amounting to Rp 418.52 billion.
Director of Bank Syariah Mandiri Yuslam Fauzi said the biggest contributor to this increase in net profit margin derived from the income of Rp 3.77 trillion, up 36.59 percent over the previous year which amounted to Rp 2.76 trillion.

Accelerate BI Clearing Settlement

Bank Indonesia launched the mechanism of settlement (settlement) to transfer the credit to the Bank Indonesia National Clearing System (SKNBI), of which previously only twice a day to four times a day. This is an effort to increase non-cash payment system services to the community through SKNBI.

As quoted in the website of Bank Indonesia, Thursday (04/19/2012), additional time is expected to bridge the needs of the community and participants will be the settlement bank faster.

For banks, the addition of the period of settlement provides benefits in order to manage daily liquidity is more optimal because the bank can utilize this mechanism clearing faster than ever.

As for society, with the addition of these services is expected to further accelerate the receipt of funds by the receiving bank for the transfer recipient must complete the transfer of funds received by the receiving customer's account immediately after the settlement by Bank Indonesia in accordance with predetermined rules.

Additional service, not accompanied by additional clearing fees charged to banks, so banks are not expected to add cost to society for such additional services.

"Clearly, this new clearing mechanism that was popularized by the term or close to real time is expected to further support the economic activities of society with the funds transfer process is faster and cheaper while maintaining existing service levels," according to Bank Indonesia.

Net Income Up 45 Percent BII

PT Bank International Indonesia (BII) Limited recorded a net profit of Rp 669 billion in 2011, up 45 percent over the previous year. Achievement is one of them is supported by solid growth in core businesses.

"BII has demonstrated improved performance and increased business growth in 2011," said President Director of BII Dato 'Khairussaleh bin Ramli, in a release received Kompas.com, Thursday (04/19/2012).

In addition to income, credit consolidation BII has grown 25 percent from Rp 53.6 trillion in December 2010 to Rp 67.2 trillion in December 2011. Significant loan growth has brought the total assets of Rp 94.9 BII level trillion, up 26 percent compared to 2010.

With such financial condition, the Annual General Meeting of Shareholders (AGM) approved the establishment of the use of BII net profit for the year ended December 31, 2011 at $ 66.89 billion as a general reserve. This reserve to meet the provisions of article 70 of the Limited Liability Company Law and Article 25 of the Articles of Association. The remaining Rp 602.06 billion defined as retained earnings.

"The fundamentals are solid combined with the strong commitment of the Maybank Group will contribute positively to the BII as we can reach a larger market share. In it happen, we want to always be in the middle of the communities where we operate, providing products and services as part of our mission humanizing financial services, "added Dato 'Khairussaleh.

12 Million and 30 Million Corporate Tax payers Mover

At least 12 million companies and 30 million taxpayers (WP) is still a tax pengemplang. As a result, the country loses trillions of dollars.

Tax Director General Fuad Rahmany said the reason the tax pengemplang it is not unreasonable. Generally, they consider the tax they pay will corrupted by tax officers, as Gaius and Dhana. "The case is actually utilized by the pengemplang taxes, but if they do not pay taxes through the tax man, there will be no corrupted funds because the funds will go directly to the treasury account," said Fuad Rahmany in the seminar "Dynamics of National Taxation: Idealism and Reality, "held at the House Graha Sabha Pramana, UGM, Thursday (19/04/2012).

Fuad Rahmany admitted, the case of Gaius and Dhana, the image of the Directorate General of Taxation (DGT) slump. "To the extent that the DGT's office called Gaius office," he said. In fact, continued Fuad, Gaius and Dhana only person who flirted with business taxpayers.

There are 32 000 tax officers who still have ideals and promote honesty. Fuad also deplored the legal process runs only apply to the tax man. "If you want to eradicate the mafia tax, bribe giver and the receiver must be processed all," he said.

BII and Danamon Share Bonus

Shareholders of Bank Danamon and Bank International Indonesia (BII) approved the bonus for their directors and commissioners. Value is higher than the previous year, despite the bank's business is growing mediocrity.

Danamon directors pocketed the profits share of about Rp 44 billion. While commissioners earn Rp 12 billion. This figure is higher than the bonuses distributed in 2010, at $ 36 billion for the directors and Rp 12 billion to the Commissioner.

Danamon Finance Director, Vera Eva Liem said, the division adjusted profits share the burden borne by each of the directors. "Tantiem up, because last year we appointed two new directors who resigned as a director," he said. Currently the number of Directors amounted to 9 people Danamon. End of December 2011, Danamon a profit of Rp 3.34 trillion, or grew 16 percent.

BII also enjoy the bonus management. Of net income in 2011, the directors get bonus Rp 14.62 billion. "All the directors work well and its distribution will be based on performance," said President Director of BII, Khairussaleh bin Dato Ramli. As of December 2011, BII recorded a profit of Rp 669 billion, growing 45 percent.

Sharing bonus is actually considered a bit odd, because the role of bankers in Indonesia is not very formidable. BI survey indicates, the share of total bank credit financing is minimal. 25 percent share of working capital and investment is only 21 percent. To finance the expansion, more entrepreneurs use their own funds. Portion is 61 percent of total capital. Business actors away from bank financing for several reasons. The top reasons: bank lending rates are still very high.

BI officials, Santoso Santoso said, if the rules of Basel III is applied, a bank that wanted to divide the dividend or bonus must meet capital requirements countercyclical capital buffer of 2.5 percent and the CAR above 13 percent. "If it does not comply, banks are prohibited for dividends, stock buybacks and bonuses of employees," he said recently. The new Basel III rules themselves apply to the full in the year 2019.

Depending on the number of employees OJK Organizational Structure

Head of Capital Market Supervisory Agency and Financial Institution is also a candidate member of the Financial Services Authority Board of Commissioners, Nurhaida, not sure how many employees who will eventually fill the Financial Services Authority. According to him, the number of employees depending on the organizational structure of the OJK. "It's depending on how the organizational structure. So while the organizational structure is not yet final. So we can not this (give figures how many employees)," it said after attending a seminar related Nurhaida OJK, in Jakarta, Wednesday (04/18/2012).

Nurhaida say certainty the number of employees who will fill the OJK will depend on the organizational form of OJK. If a simple organizational structure was decided that the number of employees required is not much. "If the organization suddenly ramping course requirements approved HR (human resources) a bit. If the organization is even more the need for bigger," he added.

Therefore, he declined to detail how many employees will be employed OJK. "So it may not be used to deh (put the number of employees) than the numbers I call it an organization that was approved after discussion with the Bank Indonesia apparently simple organization simple yes definitely needs just a little," added Nurhaida.

Previously reported, the establishment of OJK Preparation Team began to develop new recruitment of OJK outside an employee of Bank Indonesia (BI) and Bapepam-​​LK.

The establishment of OJK Preparation Team Leader, Mulya P Nasution, said recruitment will begin in October or November. "Surely it would be seen what the whole job could be filled. Since 2013 later to be filled not only capital and multi-market, but also other services such as IT and law," said Mulya, in Jakarta, Tuesday (17/04/2012).