posted by admin on Jan 26
Consumer confidence rose in February for the second consecutive month to 73.4 points, the highest since last August as a result of greater awareness of the economic situation and expectations for the next six months. The Consumer Confidence Indicator (CCI), compiled by the Official Credit Institute (ICO) in February rose 2.7 points to stand at 73.4 points, up from 70.7 the previous month and 71.1 February 2010. The components of the indicator that are referred up to the country’s overall economy and employment , while receding which are related to the household economy, while consumers generally continue to have better expectations about their situation staff to the country.
Consumer perception on the current situation has improved slightly from January, but more significantly from the end of 2010, when it dropped significantly by the pressure being on the Spanish debt in international markets. Expectations about economic developments for the next six months are much more optimistic than in January, but remain lower than a year earlier. On the contrary, the impression has become so current and future prospects that consumers have on their domestic economy, although they remain at a high level. It is produced by both, says the ICON, a certain convergence between the three areas that consumers are asked, they were too far apart due to excessive pessimism in more global issues (economy and employment), not manifested in the closest and most familiar (home situation).
posted by admin on Feb 20
The budget proposal envisages a fiscal deficit this year of 1.64 billion, a record. The U.S. president, Barack Obama defended his federal budget proposal, which says he is full of “tough decisions” to tackle the fiscal deficit. Obama hastily called a press conference in order to respond to criticism about his proposed budget of 3.73 billion dollars, filed Monday and that many, particularly the Republican opposition have rejected. According to the U.S. President has proposed measures that will reduce significantly the deficit for the middle of this decade, so that ‘the country does not continue to use credit card’ to pay for federal spending.
Yes admitted that to cut the deficit significantly will require major changes in the Social Security system and Medicare, the health care system for retirees. It will also be necessary, said a U.S. tax code reform, something that was promised in his annual State of the Union address last month. But for this, considered, you must open a “real dialogue” between the two parties, the Republican, who controls the House of Representatives and the Democratic majority in the Senate. ‘It’s about everyone hold a serious conversation about where we go, and we all go up in the same boat at the same time to prevent tipping, “said the president.
posted by admin on Feb 8
The crisis is still far. The various parties are sticking to their positions despite the commencement of negotiations without precedent. The return to normal economic is confirmed. Negotiations between the government and opposition trampled Monday, February 7, after the announcement the day before the start of a new dialogue. For the first time in fifty years, the Muslim Brotherhood had an official contact with the military regime, in the person of vice-president and chief of intelligence, Omar Suleiman, but soon insist on the ” insufficient “progress proposed.
The confusion and hesitation also affected the secular opposition, whose members are finally recognizing qu’Hosni Mubarak yesterday could remain in power until the end of his term in September in exchange for a commitment to the principle of constitutional amendments of within a month and the evocation, indeed vague, lifting the state of emergency in force for thirty years. Others, however, exclude any dialogue with the government as the rais will not resign. Youth movements in the heart of this radical fringe announced Sunday night they formed a coalition and assured they would not leave Tahrir Square, a place of protest in Cairo, until they had reached this objective. Some of them yesterday blocked the access of officials to a government building in the square.
posted by admin on Nov 17
The strengthening of rupiah against the dollar in particular the United States (U.S.) is considered to be alarming. If not restricted, this could affect the shrinking trade surplus. “Should Bank Indonesia (BI) does not let the rupiah too strong,” said economist Tony Prasetyantono in Jakarta. Based on the middle rate of BI, the kicking and moving in the range Rp8.922 rupiah per U.S. dollar, despite weakened to Rp8.947 per U.S. dollar on Tuesday (05/10/2010). The strengthening of rupiah can not be separated from the entry of foreign funds (capital inflow) amounting to Rp115 trillion since the beginning of the year to September.
According to Tony, BI should have a target, until when the rupiah may strengthen. For example is at the level of Rp9.000 per U.S. dollar. “More than that, the central bank will intervene by buying dollars,” he said. Tony worries, if the rupiah continues to strengthen and left, the trade balance surplus will be eroded. He was referring to July trade data deficit USD128, 7 million because the value of imports is greater. Furthermore, Tony rate appreciation in the rupiah is an anomaly in the middle of currency weakness a number of countries. “Rupiah strengthened it strange because other countries are weakening the rate for exports rose and imports fell,” he said.
Need business fund, just take easy cash.
posted by admin on Nov 17
PT Garuda Indonesia (Persero) will revise the business plan related to the development of new routes, fleet plan to increase its business units, Citilink, from five to 20 aircraft to four years. Garuda Indonesia Operations Director Ari Sapari said, adding the plane was urgently carried out following the high demand for the cheap fare airlines (low cost carrier). “Garuda could not compete at lower cost so we want a meeting to discuss the business plan,” he said in Jakarta. He explained that the plan to increase Citilink plane falls within the master plan the company business. In 2014, the company will add 15 units of Boeing aircraft Citilink 737-300 with a capacity of 148 passengers, and Boeing 737-400 with a capacity of 170 passengers.
In addition to increasing the number of aircraft, state-owned airline also will add a number of new routes. “If the number of aircraft plus, automatic flight routes to grow,” he said. Regarding the new route, Ari said up to now has not been determined. However, the development of the route will be adjusted to the level of entries from each route or area to be flown Citilink. Currently, Citilink has fly six routes, namely Surabaya, Jakarta, Balikpapan, Batam, Banjarmasin, and no longer significant.
Need business fund, just take no fax payday loan.
posted by admin on Jul 30
Khazanah Nasional Bhd, Malaysia’s government-owned investment business company, took off his 5% stake in state-owned telecommunications company Telekom Malaysia Bhd worth U.S. $ 181 million. A number of bankers are not willing to reveal unnamed Khazanah to sell 178.9 million shares or 5% ownership stake in the business of providing Internet and telephone services of Telekom Malaysia, the price of 3.25 ringgit per share. This price is 2.7% lower than the closing share price on the stock exchange in Kuala Lumpur yesterday at 3.34 ringgit. “Shares are sold to local and foreign institutional investors,” said one banker, today. According to these bankers, Maybank Investment Bank Bhd and Nomura Holdings Inc. became the manager for placement sale of shares.
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