Product invaded China, DPR Prepare Questionnaire
Economy August 6th, 2009
More than five years ago, the House of Representatives with the government’s implementation of the plan to discuss free trade with China. Now, after the deal went, we like shocked, while the government and Parliament as confused and worried about its impact. It is not clear, what is the government doing the last five years.
The government itself through the Coordinating Minister for Economic Affairs has set up a team to step protection. However, the House of Representatives Commission VI allegedly involved stifling questionnaire immediately initiated the proposal. In fact, the Minister of Trade sees nothing to worry about the imposition of free trade policies with China [read: Free Trade greeted vertigo].
While in the field, the concern is not without reason. Look at the children’s toys and textile products circulating in the local market which are all made in China and known for cheap. Today, these products could enter freely with zero percent import duty. Can imagine what happens if no protective measures [read: Time for Hunting Cheap Chinese Goods].
Currently only, based on data Indonesian Textile Association, during 2008 there were 155 factories in 2009 was closed and 271 garment factories closed because the company unable to compete and thousands of workers laid off. Some employers eventually choose to be an importer
Wings air aviation company Operate 3 ATR 72-500
Company Info August 6th, 2009
Three ATR 72-500 aircraft owned by Wings Air has arrived in the country. The planes are coming directly from the factory in Toulouse, France, since December 19, 2009. The aircraft made a ferry flight via Cyprus, Dubai, Colombo, Batam and Jakarta. From Jakarta, the plane immediately taken to Manado, North Sulawesi, to be operated.
According to Director of Operations Wings Air Capt. Redi Irawan, in Manado, Tuesday (5/1/2010), Wings has ordered 15 aircraft with an optional 15 aircraft of this type and will arrive until mid-2011. “In this year of seven planes would come again,” he said.
These aircraft will be stationed in Ambon, Ternate, Medan, NTB, NTT, West Kalimantan and East Kalimantan with operations center in Manado.
To support the operation of aircraft, currently educating Wings have 18 sets of pilots in Bangkok. While five sets again, according to Redi, was prepared to follow the terms of education selanjutn yes.
Inauguration of operational ATR 72-500 aircraft owned by Wings is expected to be conducted tomorrow (Wednesday, 6/1/2010) morning at the Sam Ratulangi Airport Complex, Kuantan. The inauguration will be done by Transport Minister Freddy Numberi, attended North Sulawesi Governor, Director General of Civil Aviation, the French Ambassador, and representatives of ATR
Mergers Century, Bank Indonesia elite error?
Bank August 6th, 2009
Former Director of Bank Supervision Tarihoran Indonesia Sabar Anton said, the party most responsible for the acquisition and merger of Bank Century, which consists of Bank CIC, Bank Pikko, and Bank Danpac, is the head of Bank Indonesia.
In other words, a process that lasted from the year 2001-2004 should be borne in berjemaah. This patient presented to answer the questions the committee members Questionnaires Rights Case Century Bank, Tuesday (5/1/2010) at the House of Representatives. “Everyone must take responsibility,” said Patience.
They are referred to the Board of Governors Patience BI, BI Deputy Governor in charge of field supervision, and Director of Bank Supervision (then) Siti Fadjriah. According to Patience, the body of Bank Indonesia, all decisions made in stages and stages, and cross-directorate.
However, recently, information Patience little changed. Patience is said to members of the Special Committee, Benny Harm K’s, are working on the BI hierarchy, he was appointed as an officer by the Board of Governors of BI. However, he was directly responsible to the Governor of BI, the Board of Governors, and the direct supervisor (at that time Aulia Pohan). “Supervision of work done in top-down,” said Patience.
“Why, if you like that, the responsibility for decisions taken are not horizontal (covered with),” Benny said. Patient could not answer and was silent.
Patient information on the investigation Tuesday evening several members of the Special Committee considered confusing. Some things are opposite each other. This bluntly acknowledged committee members, Akbar Faizal. “I do not believe in your description,” Akbar said. “Intellectual disturbed me,” he added.
Gold Prices Reach USD1.225
Gold Investing August 2nd, 2009
The price of gold back to touch its highest level and perched on the level of USD1.225 sweet, 6 per ounce in trading Thursday. This figure increased compared to previous trading worth USD1.215 per ounce, gold investment demand as the continued strength.
“Gold continues to defy gravity and for good reason of course. The shift out of dollar currency, as happened more quickly than imagined by some investors,” the President said Kevin Kerr, Kerr Trading International, as quoted by The Wall Street Journal, Thursday (3 / 12/2009).
Gold prices rose and reached a new record for the third time when investors protect their investments against currency devaluation and inflation which increases demand for precious metals as alternative investments.
In addition, successful Bullion rose to USD1.350 per ounce next year and could reach the highest position of USD1.500 in two years because of decline in U.S. dollar investments and repeated the request, Newmont Mining Corp..
“Gold continued to increase reaching a new record as investors want to hold their investments to ensure against inflation,” said Chief Tim KEB Futures Co. Trade Hwang Doo Il, in Seoul.
Bullion has risen 39 percent this year as the U.S. dollar fell 8.2 percent against six major exchange group. The Fed keeps interest rates at tingat lows near zero percent since December 2008.
The Fed also said economic activity in the region has improved since last October. Improved consumer spending levels in line with reduced levels of unemployment and the improvement in housing loans
This question very often to me in various opurtunity, Fine by email, question and answer opportunities in a lecture or even a lot of dinar buyers before they start buying – they ask you first of this problem.
All three have the same course as the material is the same. The similarity lies in the benefits of the three forms of gold investment is that it has real value (tangible), valued at physical objects (intrinsic) and and values inherent / innate to it (innate). The third advantage is the value of investments owned by tdak other forms such as stocks, bonds and paper money.
Default value (original value) from the high gold investment – if there is no interference with the interests tanganberbagai own gold value will automatically return to the true value – which is high.
Instead the default value (value) of paper money, stocks, bonds close to zero, because if there is failure of the issuing party to fulfill its obligations, paper money, stocks and securities become worth only firewood.
Well now both gold investment, which we choose? Gold coins, gold bullion or jewelry? Here I provide a comparison that may be objective so that readers can choose their own – For Your decision is not affected by my opinion – as if my opinion of the Dinar because this is what I masyarakatkan.
Pros Dinar:
First, has the nature of your units; easily aggregated and divided. If we had a 100 Dinar – today we would use the 5 dinar live off the 5 dinar and the store is 95 dinars. Second, very liquid to be traded because of the ease of shared and aggregated at the top. Third, a high value because of socialization proselytizing will encourage socialization Dinar Islamic law itself. Zakat for example Nishab determined by Dinar or Dirham – people will be difficult to calculate correctly if the charity does not know this Dinar and Dirham. Fourth, high resale value, follow the development of the international gold prices, but only with reduced administrative costs and the sale of approximately 4% of the market price. So if the dinar over the past year increased 31%, then after the cut the cost of 4% is the result of our investments are still around 27%. Fifth, easily traded among users because there is no constraint model and size.
Dinar Weaknesses:
First, Indonesia is still considered the jewel, sales hit 10% VAT (Exact THE MINISTER OF FINANCE REPUBLIC OF INDONESIA NUMBER 83/KMK.03/2002 be calculated net of output tax and input tax of gold shops will be paid ‘goldsmith’ dinar sellers is 2%). Second, the cost of printing is still relatively high and it ranged between 3% – 5% of the value of goods depends on the number of orders.
Gold bullion Advantages:
1. Not affected by VAT
2. If we buy in units 1 kilogram – not affected by the printing costs.
3. High resale value.
Gold bullion Weaknesses:
1. Not flexible; if we store 1 kg of gold, then we need 10 grams for the purposes of cash – not easy to cut. Means must be sold before the 1 kg, is used partly in cash – partly to buy again in a smaller unit – then there will be loss of cost of sales / adiminstrasi a few times.
2. If we keep a small unit such as unit 1 gram, 5 gram, 10 grams – the printing costs will be high enough.
3. Not easily traded among users because of size constraints. Users who need 100 grams, he would not be interested in buying from other users who have a collection of 10 grams. Users who will sell 100 grams can not be sold to two people who each need 50 grams and so on.
Pros Gold Jewelry:
In addition to investments, can be used for other purposes – is used as jewelry.
Perhaiasn Weaknesses:
1. High production costs
2. Affected VAT
3. Not easily traded among users because of the model and size constraints.
From these comparisons, we can choose their own form of gold investments are most appropriate for us. And Allaah knows best.
