Deficits in Java Gas Not because Export
Portfolio May 3rd, 2010
JAKARTA – Director General of Oil and Gas Evita Legowo tells if the problem shortage (deficit) of gas supply in Java is not because gas is exported. But the deficit occurred because of problems that exist in the upstream production.
“Shortage in Java, not for export, but due to problems in the upstream,” he said, after the inauguration of Use Natural Gas Distribution Network for Household and signing of the Memorandum of Understanding Natural Gas Distribution Network for Household in 2010, the office of the Ministry of Energy and Mineral Resources, Jakarta, Thursday ( 18/3/2010).
The need for as many as 30 million standard cubic feet (mmscfd) can not be fulfilled. In fact, supply terkontrak if PGN has still not fulfilled. “The main cause is that 30 mmscfd it,” he explained.
For that, there are several options that can be done in resolving the deficit problem of the gas. But unfortunately, the option to say no more.
Evita also said it would coordinate with the Minister of Energy and Mineral Resources and the minister of state enterprises to overcome the problem. “There bebrerapa option, we hope will be the decision,” he added.
When mentioned about the possibility of import of gas, he explains it is not possible since there is no shelter tenpat (receiving terminal) at the moment. “If imports later when I have it receiving terminal, so now we can not import,” he said
U.S. Dollar Currency Still Strongest in the World
Forex May 3rd, 2010
TOKYO – Japanese Finance Minister Hirohisa Fujii said, the United States dollar (U.S.) is still the strongest currency in the world. Naturally, if the Tokyo maintain a large stock of foreign reserves in U.S. dollars.
“Clearly, the U.S. dollar is still the strongest currency in the world,” Fujii said at a press conference yesterday. “This is what causes nations to maintain foreign reserves in a strong currency. It also contributes to further strengthen the U.S. dollar,” he added.
Currently, Japan is the second largest country after China in possession of foreign exchange reserves in dollars AS.Tokyo form did not provide details on the amount of foreign exchange reserves in dollars AS.Tapi form, most believe that Japan’s foreign reserves rose as a result of the strengthening yen intervention in the past.
Japan is believed to sell the yen as an effort to muffle the strengthening yen. Fujii said, Japan should not try, artificially, weakening their currencies to boost export competitiveness mereka.Namun, he also emphasized that Japan does not support the excessive yen strengthening.
In London, the euro exchange rate against the U.S. dollar rose to the highest position for 14 months. Euro traded at the price of USD1, 5035 or strengthened the position on Friday (23/10) at $ 1, 5007. Forex traders argue, pushed the euro to strengthen China-step increase ownership of the European currency.
While in Asia, the euro on Monday (26/10/2009) traded in the $ 1 level, 5064, or through the highest level on 11 August 2008.Nilai dollar against the yen on Monday, weakened to 91.76 yen from the day position 92.07 yen Friday. “Related financial news Central Bank of China (PBOC) is obtained from the research report said China will increase ownership euro and yen,” said analyst Brian Dolan Forex.com.
“Consequently, the euro exchange rate against the U.S. dollar rose to the highest position within the last 14 months.” China has increased investment for his own foreign exchange reserves worth $ 2, 27 billion to U.S. government bonds. Beijing also tried to diversify their investment into other currencies to increase the yield during the global financial crisis.
Introduce Money on Children
Finance May 3rd, 2010
On many occasions we profess to teach children about money is not our priority. Father and mother worked and prepared many things for the future of children. But be aware that Klabers consumerist environment amid the current critical and guarded the child to ‘smart money’.
A number of academics and child psychologists warned that childhood is a golden era in the character and instill positive habits that will serve him well later. Often we deliberately show examples of ‘visible’ so that they get the message that we expect.
In a matter of money, too similar. It’s never too early children learn about money, because the children will be better prepared to face the reality of life.
Basically, the concept of money that such children need to known about how money is earned (earnings), how to share (sharing), the habit of saving (saving), shopping behavior (spending), behavior debt (borrowing). Consider, if the child started asking parents to buy an item, then you have a child old enough to understand how currency works.
The following steps can Klabers first understand and then try to apply with the children:
1. Give an example. Your life is seen daily by teaching them a natural shape. If you look wise in financial management at home, surely the children will see and a bit more will follow later. Be an example!
2. Plan to learn. Learning financial management can also be deliberately planned. Discuss with your partner! For example, we can teach older children to have? ~ Personal Finance Record Book ‘kind of money diary that contains detailed income (allowance, and others) and expenditure (heading for the charity, savings, and personal expenses). Be flexible and informal, but closely related to the everyday lives of children and families, and keep your child’s language. This is the challenge for Klabers, dare to accept challenges!
3. Creative learning and fun. Consider ways easily understood by children about financial management, be creative and fun. Use the media to invite children’s interests. Take, for example, teach them to buy a bike with a way to save some pocket money into a piggy bank opaque / special envelope. Get involved in the process, at the end of the period combine to save your savings and your baby. See how happy he was because of your help!
4. Apresiasilah! Child’s attitude is determined by the support of adults in the learning process. Apresiasilah their charity activities. Give praise for his generosity to the charity buy the have-nots. Or gently point out a lack of agreement when they are careless in personal expenses or complacent in savings.
5th. Correction. Strive to provide feedback on what the child has done. Try to have regular conversations about the use of cash advances child discipline. Acknowledge that they love and Klabers explain that this study will be useful for them also when they grow up like you. Have an open attitude to accept and answer questions concerning the necessity of the small share (charity) or the use of savings, for example.
Good luck!
The Black Gold Prices Stable at USD82
Gold Investing May 3rd, 2010
New York – Oil prices managed to stay above USD82 per barrel, at the close of trading Wednesday (11/3/2010) the local time, after time through the level of USD83 per barrel.
The increase in the price of black gold inin followed a government report showed crude oil supplies United States (U.S.) does not grow as expected number of analysts last week.
As quoted from the Associated Press, Thursday (11/3/2010), the price of crude oil for April delivery rose 60 cents to U.S. dollars USD82, 09 at the New York Mercantile Exchange (NYMEX). While in London, Brent crude rose 57 cents to settle at $ 80.48 on the ICE futures exchange.
Energy Information Administration said crude oil inventories last week grew to 1.4 million barrels to 343 million barrels. The analyst expects to grow to 2.1 million barrels, according to a survey by Platts, McGraw-Hill Cos.
“There’s nothing inherent in the report for the purchase price on the black gold leve USD83 per barrel, ‘said oil analyst and trader Stephen Schork. She warned against the movement of oil prices during the last week, focused on real data.
Meanwhile, OPEC said world oil demand to grow by 900 thousand barrels per day this year, on the revision of estimates last month. OPEC said the estimates depend on the ongoing global economic rebound, particularly in the United States
While oil prices rose approximately 17 percent since early last month, crude oil demand in the U.S., the world’s largest consumer of oil, has remained sluggish.
Bapepam Require Investors Have Card Access
Stock Report May 3rd, 2010
JAKARTA – Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) plans will require the investor to have the card reference Ownership Securities (Access) in 2011.
Bureau Transactions and Institutional Securities Bapepam LK Nurhaida say, for now it has not requiring ownership of access. “It is not compulsory. However, if approached enforcement SID, may be we will oblige,” said he, in Jakarta, Wednesday (10/3/2010).
According to Nurhaida, to require property access, the infrastructure in the capital market should be supported. Currently, it’s still in improving the infrastructure and systems in the capital markets to create the security and comfort in the capital market.
In addition, his department has ordered the Custodian Sentral Efek Indonesia (KSEI) information dissemination through mass media or directly to investors.
It is also still doing studies, whether this obligation will be created for new rules or inserted into the rules associated with the obligations of the administrative investors opened accounts at securities companies.
“We are still gathering data for monitoring, as well as KSEI and BEI. Anyway, Bapepam will accommodate the rules of account opening,” added he.
As for, the number of users access has been only 11 thousand accounts of the amount of investor capital markets of more than 300 thousand. As is known, the facility of checking accounts investor is an early stage, before the enactment Single Identity (SID) at the end of 2011 to come.
However, the function of access is different from the SID. Access only makes it easy for investors to be at any moment to check his account at the brokerage
