ACFTA have an impact on the industry mamin
Economy August 31st, 2010
The implementation of free market liberalization within the framework of the Asean free trade of China (ACFTA) had an impact on the food and beverage industry (mamin) in the country.
Chairman of the Joint Regulation Division Food and Beverage Entrepreneur Indonesia (Gapmmi) Franky M. Sibarani said until now has not seen ACFTA adverse effects of food and beverage industry in the country.
Inflow of goods at the port designated as the entrance mamin product imports, according to him, so far still normal and not show an increase in significant quantities.
“Not to look [impact ACFTA]. Everything is normal,” he told Bisnis.com, in the office of the Ministry of Trade, today.
Since January 1, 2010, the implementation of market liberalization officially begins. Originally appeared frightened from various industries, the implementation of this market liberalization will erode mastery of the domestic industry market share by products of China
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Company Info August 24th, 2010
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25% of Bank of Asia Being Targeted Phishing
Bank August 12th, 2010
The results of the study ReadiMinds said that approximately 25 percent of banks in Asia has become the target of phishing attacks on online banking transactions throughout the year in 2007.
Research firm based in Singapore has said the high number of threats made to a number of security vendors competed to create software that can counteract these cyber crimes.
Meanwhile, 25 percent of the numbers presented are based ReadiMinds conducted research on a number of respondent banks in Bangladesh, Cambodia, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. Unfortunately ReadiMinds not explain in detail how much respoden involved in this research.
Of the survey also revealed that approximately 20 percent of the bank had made a very powerful implementation to strengthen their online transactions are done by the method of two-factor authentication (2FA). According to ReadiMinds, how 2FA trend which is now widely used by banks, especially banks that have online transaction services.
While 20 percent of other financial instituasi, as reported by ZDNet, Sunday (6/7/2008), said they had made a number of formal plans to ask the user more aware of this threat to avoid the possibility of theft of your user ID and password to access online bank
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ADB: Regional Currency Long-Term Issues
Finance August 12th, 2010
Finance Minister Sri Mulyani said the need to remove the dependency on the countries of Asia against the dollar. Responding to that, Rajat Nag, ADB Managing Director General said that the issue of regional currencies is something which can be solved in the long run.
“In the short term, there are some other things that can be done,” Nag said in a press briefing on Indonesia, at Surabaya Room, Westin Hotel, Nusa Dua, Bali, Sunday (3/5/2009).
Even so, Nag said, the ADB has several times expressed the need for a regional common currency. According to him, foreign currency such as dollars for it has put pressure on the local currency.
Previously reported, Sri Mulyani said it was time for the Asian region to reduce dependence on the dollar to reduce the pressure on the economy.
While Director of Retail Banking of Bank Mega Kostaman Thayib argues, reliance on the use of the dollar in Asia is still quite large. We have pioneered granted interstate commerce in Asia, especially Southeast Asia, which do not use that currency.
According to him, this time almost all transactions using the dollar currency. In fact, sometimes do not export anything to do with currency Uncle Sam’s country. By using the local currency, according to him, the currency fluctuations will not be too large.
BI Past 13 Banks Close Since 2004
Bank August 2nd, 2010
Jakarta – Bank Indonesia (BI) recorded as many as 13 banks have been closed since 2004. The bank consists of 4 commercial banks and rural banks 9 (BPR).
In addition only one bank that made the rescue of Century Bank in 2008 due to global crisis conditions.
The statement was made by the Deputy Governor of Bank Indonesia Budi S Rochadi in RDP with the Commission XI DPR-RI in the House of Representatives-RI, Jakarta, Tuesday (02/02/2010).
“The experience in Indonesia also shows there have been some banks are experiencing problems and successfully disehatkan, but there are some banks that eventually shut down,” Budi said.
Since 2004, BI closed bank notes are Asiatic Bank (2004), Bank Dagang Bali (2004), Global Bank (2005).
“Especially after the 2008 crisis there was a public bank that closed the Bank IFI and one commercial bank which saved the Bank Century,” he added.
For BPR, there are more Budi 9 banks also closed since 2004.
“We recorded the number of BI banks that as many as 121 banks still operating. Tuurn amount of 124 banks in 2008,” said Budi.
A total of 106 banks of which have Capital Adequacy Ratio (CAR) above 12% as of October 2009. “Of the total number of banks there are 11 banks that still have a core capital below Rp 100 billion,” he said.
