tag:blogger.com,1999:blog-50118450027506364402024-03-12T20:45:51.108-07:00Economy of IndonesiaEconomics And BusinessIndonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.comBlogger70125tag:blogger.com,1999:blog-5011845002750636440.post-48175541159188223092010-05-17T12:18:00.000-07:002010-05-17T12:18:08.809-07:00Euro Asian Oil trigger U.S. $ 70 Down Approach<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/_TsGIYk3LgyA/S_GWSyhrj7I/AAAAAAAAACM/AB9LoNHzYZc/s1600/Asian+Oil.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://4.bp.blogspot.com/_TsGIYk3LgyA/S_GWSyhrj7I/AAAAAAAAACM/AB9LoNHzYZc/s1600/Asian+Oil.jpg" /></a></div><div style="text-align: justify;"><b>Euro Asian Oil trigger U.S. $ 70 Down Approach</b>. Asian oil prices Monday (17 / 5) falls close to U.S. $ 70 per barrel triggered weakening of the euro to its lowest level in four years and the collapse of stock markets due to investor fears of European economic depreciation in the middle of the fiscal and debt crisis. AP reported, crude oil for June delivery fell U.S. $ 1.35 to U.S. $ 70.26 per barrel at midday in Singapore when electronic trading on the New York Mercantile Exchange. Friday was for a similar contract last week fell to U.S. $ 2.79, or nearly 4 percent to U.S. $ 71.61. Crude oil fell to its lowest level at U.S. $ 69.82, its lowest level since at U.S. $ 69.59 on 5 February.<br />
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Oil, which is priced in dollars, becomes more expensive for investors holding other currencies when the dollar strengthened. Euro falls to U.S. $ 1.2275 on Monday from U.S. $ 1.2352 on Friday while the dollar weakened to 91.88 yen from 92.30 yen. Asian stock markets also plunged Monday, and oil investors often refer to it as a sign of investor confidence in its entirety. "This is a sea of red out there," said Victor Shum, an energy analyst with consulting firm Purvin & Gertz consultancy in Singapore. "Attention to the Euro really affect the investors in the market."<br />
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Oil will remain under pressure over surging dollar. In other NYMEX trading, for a contract in June, heat oil fell 1.64 cent to U.S. $ 2.1155 per gallon, and gasoline fell 1.7 percent to U.S. $ 2.178 per gallon, natural gas fell 0.6 cent to U.S. $ 4.333 per 1,000 feet cubic. In London, Brent crude fell U.S. 1.57 U.S. dollars to U.S. 78.54 U.S. dollars on the ICE futures exchange</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com1tag:blogger.com,1999:blog-5011845002750636440.post-54629330880320501512010-05-14T07:54:00.000-07:002010-05-14T07:54:50.821-07:00Mining Tax Receipts prices slide<div style="text-align: justify;"><b>Mining Tax Receipts prices slide</b>. Tax revenue from the mining sector until early May 2010 had fallen sharply. A decrease in taxes in the form of Income Tax (Income Tax) and Value Added Tax (VAT). According to <i>Finance Minister</i> (Finance Minister) <i>Sri Mulyani Indrawati</i>, there are sectors that tax revenues do not experience reinforcement, namely the mining sector. "This has been submitted to the Vice President and asked Mr. Minister (Economic) to view them. It's the VP had been conveyed to the cause of the low monitored tax and VAT on the mining sector," he said after meeting Finance Minister Macroeconomic developments in the Vice Presidential Palace in Jakarta, Friday (14 / 5).<br />
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He states, revenue from income tax from the beginning of the year from May 7 only reached Rp8, 8 trillion. In fact in the last year, corporate income from the mining sector in the same period reached Rp12, 4 trillion. VAT receipts from mining until May 7 only Rp1, 8 trillion. Whereas last year in the same period, the government get the VAT Rp6, 1 trillion.<br />
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Finance Minister to explain, in terms of state revenue until the first weekend in May 2010 reached Rp292, 9 billion (29.5 per cent of the target budget-P 2010). But, said the minister, when viewed in more detail than the tax revenue which in the first week may reach Rp201, 6 trillion (30.5 percent) still have to watch out. Although the number is almost the same in the last year of 30.9 percent.</div><a name='more'></a>Finance minister to explain the form of government concern. At the end of April, revenues reached Rp67, 9 trillion because income tax at the time finished. Meanwhile, in March receiving Rp39, 8 trillion was from an individual taxpayer income tax (WP OP). "But the numbers in March and April should be viewed with caution because if viewed from a monthly revenue target is not enough to achieve monthly targets," he said. So, this tax revenue target should be encouraged in May, June, and July so that by the end of this year's tax revenue target could be met.<br />
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On the other hand, customs revenues actually exceeded the target by achieving 36.2 per cent of the target. Customs receipts in the month of March reached Rp6 trillion or in accordance with the monthly target. For the month of April amounted to Rp6, April 9 trillion exceeds the target of Rp5, 1 trillion. "It shows our customs have a strong reception. We see there is a fairly strong component. VAT imports increased mean it significantly increases the volume of imports," he said.<br />
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This, information minister said, should beware because when the economy grows higher, the trend of increasing imports. This gave a receipt to the customs, but on the other side must be balanced by a strong export as well.Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-54769728007387304462010-05-09T19:49:00.000-07:002010-05-09T19:49:01.560-07:00Asian Stock Markets Opened Higher<div style="text-align: justify;"><b>Asian stock markets opened higher</b>. Asian stocks rose for the first time in over a week ago has been much speculation emergency loan funds to guarantee debt countries outside Europe are expected to mengerus.<br />
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The MSCI Asia Pacific Index rose 0.6 percent to 119.07 at 09:49 in Tokyo, but more than twice as many stocks advanced decline. Six gauge's 10 industry groups rose. Futures on the Standard & Poor's 500 Index gained 2.1 percent.<br />
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EU finance ministers to move towards an agreement to create a € 440 billion ($ 570 billion each) are available for emergency loans to more than € 60 billion EU budget, according to three officials at the talks in Brussels. In addition, an unspecified number may come from the International Monetary Fund, officials said.<br />
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The Nikkei 225 Stock Average climbed 0.7 percent, South Korea's Kospi rose 1.1 percent and Australia's S & P / ASX 200 Index added 1.3 percent. S & P 500 fell 1.5 percent on May 7 after concerns that the debt crisis that plunged Europe worsened trigger damaging confidence in the financial trading mechanism.<br />
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The unemployment rate in the U.S. unexpectedly rose to 9.9 percent last month from 9.7 percent. This is projected to hold 9.7 percent. Payrolls in the U.S. increased in April by the most in four years, more than media estimates economists surveyed by Bloomberg News, after a revised increase of 230 000 in March.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com1tag:blogger.com,1999:blog-5011845002750636440.post-46669782221483159922010-05-07T04:18:00.000-07:002010-05-07T04:18:23.175-07:00Australian Stocks Fall 2.02 Percent<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/_TsGIYk3LgyA/S-P2yoZmkFI/AAAAAAAAACI/jJLZp0rhTiU/s1600/saham+australia.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://4.bp.blogspot.com/_TsGIYk3LgyA/S-P2yoZmkFI/AAAAAAAAACI/jJLZp0rhTiU/s1600/saham+australia.jpg" /></a></div><div style="text-align: justify;"><b>Australian Stocks Fall 2.02 Percent</b>. In trading on Friday (07/05/2010), the <b>Australian Stock Exchange index fell 2.02 percent</b>, amid fears the Greek crisis will spread to the rest of the world. Panic in the U.S. stock market, with the Dow Jones index plummeted 9 per cent even had time to recover, also influence the decision of Australian investors.<br />
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Conditions in Europe, has affected the markets then even worse, said Ben Potter, analyst at IG Markets said Friday. In the end, we'll talk about the deteriorating condition of the country, not just the company, complained Potter.<br />
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Australian investors are also affected by the statement of Prime Minister Kevin Rudd. I do not intend to give warning of this condition (market decline). But, we are following the developments closely, he said. N ilai Australian market has fallen 6.8 percent, in the past week.<br />
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Besides being a Greek influence, the stock market Australiaterutama mining stocks hit by commodity price declines, and the Australian government plans to implement 40 per cent tax to mining companies who reap super profits.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-52974942019989024672010-05-04T20:02:00.000-07:002010-05-04T20:02:01.125-07:00Money market and overshadowed the BI Rate Debt Case of Greece<div style="text-align: justify;"><b>Financial market </b>uncertainty still shadowed by Greek debt settlement. While the BI interest rate announcement, the market had anticipated. Unclear <b>Greek settlement of debt cases</b>, continue to haunt the financial markets throughout the trade.<br />
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Last weekend, the German parliament has met with the International Monetary Fund (IMF) to discuss the bailout for Greece. However, there is still uncertainty about the plan details.<br />
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In addition, according to David, the negative impact on the regional exchanges are also financial market transactions. At the close of trading Tuesday (4 / 5), the index of Australia S & P / ASX 200 fell 0.6%, South Korea's KOSPI index fell 0.3% and Shanghai index down 0.9%. While the Japanese stock exchange is still closed along with the national holiday.<br />
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Another sentiment comes from the still retained the global interest rates by central banks world. According to him, the low inflation that described the Central Statistics Agency (BPS) yesterday, will be the primary consideration of BI to maintain its benchmark interest rate at 6.5% level, as announced tomorrow (Wednesday 5 / 5).<br />
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If inflation until the end of the year no more than 5.3 percent of the BI will maintain its BI rate at 6.5 percent until the end of the year. Emerging markets more attractive. The entry of foreign fund flows can be seen from the current position of foreign reserves that have been penetrated U.S. $ 77 million.<br />
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Currently rated amount started judged less attractive by investors and can be seen from the limited movement. If you've signed in 9000 the market will tend to sell, mainly concerned the central bank will intervene. At the close of trading today, the rupiah closed at 9,020 level U.S. dollars, compared to yesterday's closing level of 9030 per dollar.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com2tag:blogger.com,1999:blog-5011845002750636440.post-3170419124943217422010-05-04T12:11:00.000-07:002010-05-04T12:11:23.122-07:00Preopening, Wall Street tumbled Triggered European Debt<div style="text-align: justify;"><b>Preopening, Debt Fueled Wall Street plunged Europe</b>. Shares in <i>preopening trading</i> Tuesday (4 / 5) fell as investors remained wary of European debt problems. Quoting the AP, investors met developments in recent days, buying shares in a day to then immediately sell it. This happens because of concerns over debt settlement Greece and optimism towards the domestic economic reports. Investors are also expecting a report from home sales and factory orders in the future are expected to show continuing improvements that could trigger economic recovery.<br />
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European markets also fell due to concerns about bailout package for U.S. $ 144 billion to Greece if will be approved by the 15 other EU members or not. Greek bailout costs may make it more difficult for the EU to save the country that suffered a fate similar to Greece. Euro weakens against the dollar because traders avoid the currency used by 16 European Union members, including Greece. Euro reached its lowest level in a year. Strengthening the dollar would cut profits of U.S. companies that depend heavily on foreign operations.</div><a name='more'></a>UK main index dragged down by BP PLC. Investors worried about the oil companies are facing costs of oil spills in the Gulf of Mexico. In preopening trading, the Dow Jones Industrial Average fell 72 points, or 0.7 percent to leveli 11 030. Standard & Poor's 500 index fell 9.30 points, or 0.8 percent to a level of 1189.30 while the Nasdaq 100 index fell 15 points, or 0.7 percent to 2012 levels.<br />
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Commerce Department is expected to release data as of March decline in factory orders from a decrease in commercial aircraft orders. Economists surveyed by Thomson Reuters on average expect orders fell 0.1 percent in March. Excluding the volatile transportation sector, which probably rose 2.8 percent, the biggest since December 2007. The manufacturing sector has risen consistently in recent months, while enhancing confidence in economic recovery.<br />
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Meanwhile, bond prices rose Tuesday. Results on benchmark Treasury 10-year record, fell to 3.66% from 3.69% Monday. Dollar strengthened against other major currencies. Gold also rose, while oil fell. Overseas, the FTSE 100 fell 1.1 percent, Germany's DAX index fell 0.7 percent, and France's CAC-40 fell 1.9 percent<span style="color: #999999;">.(inilah.com)</span>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-91054736207340176072010-05-02T05:24:00.001-07:002010-05-02T05:24:47.030-07:00Dow Jones down because of Goldman Sachs<div style="text-align: justify;"><b>Dow Jones down for Goldman Sachs</b>. Maketh Goldman Sachs as a target of criminal investigation led to the Dow Jones Industrial Average losing 159 points or 1.4 percent, in trading on Friday ended on Saturday (05/01/2010) Indonesia dawn of time.<br />
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Still, the Dow remained perched at number 11008.61, above the psychological barrier of 11 000 points. S & P 500 Index also fell 20 points, or 1.7 percent, while the Nasdaq lost 51 points or 2 percent.<br />
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Goldman shares fell in value of 10 percent, followed by the fall of shares of JPMorgan Chase (JPM, Fortune 500), The Bank of America (BAC, Fortune 500), and Morgan Stanley (MS, Fortune 500). In addition to financial sector stocks, some industries also experienced a decline in stock prices, such as Boeing, Caterpillar, Hewlett-Packard, IBM, McDonald's, and Microsoft.<br />
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Besides the negative impact of news of Goldman Sachs, the world's investors also affected the financial condition of the Greek word that is feared could affect the European mainland economy. The European Union on Sunday is scheduled to issue a statement tomorrow about the financial aid plan for Greece.<br />
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U.S. Commerce Department also reported the economy actually grew in the quarter I-2010, at the weekend. This is the the third quarter, in which the American economy grew, and it is a positive signal to the improved economy of the global financial post-crisis one year earlier.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com1tag:blogger.com,1999:blog-5011845002750636440.post-17096500634119491572010-04-25T22:16:00.001-07:002010-04-25T22:16:31.744-07:00Market Flash eTrading<div style="text-align: justify;"><b>Market Flash eTrading</b>. Dow Jones: Stock in the U.S. higher after home sales increased optimism a global economic recovery. The Dow Jones Industrial Average rose 69.99 points (+0.6%) to a level of 11,204.28, while the index of the Standard & Poor's 500 index rose 0.7% to its highest level in 19 months at 1,217.28. The increase was led by the stock exchanges is Improving economy. Pulte Group, Inc.. (+5.7%) After a number of new home purchases rose 27% in March, shares of American Express Co.. (+2.7%), Which presumably would benefit from the use of credit cards to purchase homes.<br />
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Regional Morning: Asian stock markets rose for the first time in three days, led by Japanese car manufacturers and electronics, as speculation will be the increase in profit in line with the recovery in the global economy. Toyota Motor Corp. (+2.9%) in Tokyo after the Nikkei newspaper said operating profit of the company will print. Canon Inc., camera manufacturers who obtained 79% of sales from outside Japan, jumped 2.8% after rising as the dollar appreciation market U.S. new home faster than estimated. It successfully pushed the optimism of economic recovery. Samsung Electronics Co. (+0.8%) in Seoul. Australian stock market closed for a national holiday to celebrate. Nikkei 225 (+2%) 11.129, the largest increase in the Asia Pacific KOSPI (+0.91%) 1.752 STI (+0.14%) 2992<br />
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Commodity: Crude oil traded above $ 85 / barrel due to speculation demand will increase after the global economy has improved. WTI Crude (+0.3%) $ 85.3/barrel Gold (-0.2%) 1.155 USD / t oz CPO (+0.1%) 2.510 RM / MT Nickel (-0.2%) USD 27.050 / MT Tin (+0.5%) EUR 19.000 / MT.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com2tag:blogger.com,1999:blog-5011845002750636440.post-74233366756152616192010-04-25T00:42:00.001-07:002010-04-25T00:42:54.883-07:00Realistic Economic Growth 5.8 Percent<div style="text-align: justify;"><b>5.8 Percent Economic Growth Realistic</b>. Coordinating Minister Hatta Rajasa rate of economic growth target agreed between the government and the House of Representatives Commission XI of 5.8 percent in APBN-P 2010 is the number of moderate and realistic.<br />
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"The figure 5.8 percent is not something that pessimistic but realistic approach. But we could have missed but melesetnya upwards rather than downwards," said Hatta, on the sidelines of a press conference, at the office, Jakarta, Friday (23/4/2010 ).<br />
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In fact, many parties, such as the IMF predict economic growth in Indonesia will reach level 6 this year. According to Hatta, these predictions indicate that the world is increasingly positive view of economic conditions of Indonesia.<br />
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Himself judged that economic growth is not just sheer numbers, but also must be qualified. "High growth must be accompanied by equitable distribution, especially for certain areas that feel marginalized, both central and local funds," he said.<br />
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To sustain this economic growth will be obtained through exports and investment. Where exports have to grow 6-7 percent, and investment must grow 11-12 percent.<br />
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"For that we must increase exports and investment are very good trend, 6-7 percent to 11-12 percent of exports and investment," he said.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-70746047314553818552010-04-25T00:39:00.000-07:002010-04-25T00:39:02.639-07:00Tax Receipts agreed Rp742, 2 Trillion<div style="text-align: justify;">After going through tough discussion, the government and the Parliament XI commission finally agreed to raise the tax revenue target in 2010-P budget of Rp 9 trillion to <i>Rp 742, 2 trillion.</i> This figure is higher than P-2010 State Budget proposed by the government amounting to Rp 733.2 trillion.<br />
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Vice Chairman of Commission XI Melchias Mekeng Marcus, in the House, Jakarta, Thursday (04/22/2010) night detailing, for the Directorate General of Taxation revenue target of Rp 604, 4 trillion or an increase of USD 7 trillion compared to the original assumption that only USD 597.4 trillion in the Draft Budget 2010-P.<br />
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For the Directorate of Customs revenue soared to Rp 1 trillion to Rp 82.2 trillion, compared to the previous which reached Rp 81.2 trillion. The oil and gas income tax revenue also rose to Rp 1 trillion to Rp 55.7 trillion, compared to the previous which reached Rp 54.7 trillion.<br />
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For the ratio of tax revenue or tax ratio approved 11.9 percent or greater than the original that only 11.7 percent. The assumption is taken by considering the economic growth of 5.8 percent, 5.3 percent inflation rate and exchange rate of Rp 9300 per U.S. dollar.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-28182705011311350802010-04-22T21:04:00.001-07:002010-04-22T21:04:23.074-07:00Economic Activity Increases, Tax Receipts Should Also Rise<div style="text-align: justify;">Danareksa Research Institute economist Purbaya Yudhi Sadewa believe economic growth in 2010 amounted to 6 percent may be achieved. This economic growth will be sustained by increased consumption, investment and exports this year.<br />
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"It still can be achieved, is still quite reasonable. In 2010, six pesen not too difficult to achieve," said economist Danareksa Research Institute Purbaya Yudhi Sadewa when found in the Office of Coordinating Minister for Economic Affairs<br />
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According Purbaya, Indonesia's exports increased 12 percent in line with the improving global economy and demand for Indonesian market. It also encourages investment and soaring domestic consumption.<br />
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Besides, he added, the benchmark rate of Bank Indonesia or BI Rate is set by the Bank amounted to 6.5 per cent is also a motivating factor in investing in Indonesia.<br />
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"Investment last year was still slow because of high interest, low demand. When demand is strong world market slowly they will add production capacity and investment to rise," explained Purbaya.<br />
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Previously, the government and the Commission XI DPR agreed economic growth to 5.8 percent. This figure meningakat 0.3 percent from the initial assumption of government in the State Budget-P which amounted to 5.5 percent. For these additions, the Minister of Finance Sri Mulyani states needed additional revenue amounting to Rp15 trillion.<br />
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According Purbaya, with the increase of the target there is a logical consequence to raise revenue. He stated the increase in revenue can be raised from the tax sector. However, it can go hand in hand with increased economic activity.<br />
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"If economic activity rose by itself will be higher taxes. This could cover the additional needs with meingkatnya budget targets economic growth," he added.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-38132651417848469672010-04-19T22:42:00.000-07:002010-04-19T22:42:18.903-07:00Indonesian Government Debt Interest Payer Year 2010 Rp 115, 595 trillion<div style="text-align: justify;">Total interest payments of government <i>debt to be repaid in the year 2010</i> reached <b>Rp 115.595 billion </b>and became the highest burden of debt interest payments throughout the history of government finances. Status of Indonesia, which are removed from the poor countries to make the loan interest rate increases so that the burden of payment was swollen.<br />
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Director of Strategy and Finance Ministry Ayu Debt Portfolio Sukorini express it in Jakarta, Monday (19/4/2010).<br />
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According to Ayu, on the one hand, interest payments is relatively mild because of the strengthening of the rupiah against the yen. This is important because the government's foreign debt position in the yen exchange rate dominates (about 28.32 billion U.S. dollars).<br />
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However, at the same time, the amount of overdue loans used to purchase the main equipment of weapons systems (defense equipment), the TNI and the Police also due in 2010. This adds a significant burden of interest payments due to the purchase of defense equipment is financed from loans with commercial loans.<br />
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"The high debt interest payments are also due to the rise of Indonesia that are considered no longer a poor country so as not worthy to receive soft loans with interest rates. Other causes are the amount of government securities (GS), which led to the debt burden of interest payments also rose, "said Ayu.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com1tag:blogger.com,1999:blog-5011845002750636440.post-71654321723040547542010-04-18T22:10:00.000-07:002010-04-18T22:10:34.671-07:00Rupiah exchange rate against the U.S. Dollar Weakens<div style="text-align: justify;"><u>Exchange rate of rupiah against the U.S. dollar</u> in the Jakarta interbank spot market on Monday (19/4/2010) morning, weakened 28 points to Rp9.033-Rp 9043 per U.S. dollar from its close last weekend Rp9.005-USD 9015, as market participants took off rupiah. Money market observer Edwin Sinaga said here on Monday said the rupiah weakened by Bank Indonesia (BI) was still in the market so as not to suppress the rupiah continues to strengthen.<br />
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"BI does not want the rupiah was under Rp9.000 per U.S. dollar figures, because the exporters sell products less competitive in export markets," he said. Rupiah, according to Edwin Sinaga, also pressured by the weakening U.S. stocks are pressing regional exchanges such as the stock exchanges of Tokyo and Hong Kong at the opening of markets to weaken. "We are optimistic that the negative pressure of the market will not continue, because the positive sentiment to push rupiah under Rp9.000 numbers are still quite strong," he said.<br />
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According to him, the flow of foreign funds are placed in the domestic money market, the BI instruments, and government bonds are still happening. Therefore, opportunities for re rupiah under Rp9.000 per U.S. dollar figures are still strong. "Even the flow of foreign funds that had occurred during the three months to March 2010 had reached the figure of Rp 71.9 trillion," he said.<br />
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So, he continued, the current correction merely restrain the movement amount can not be sped up so far below Rp9.000 per U.S. dollar. Previous amount had reached below the level of Rp9.000 per U.S. dollar, but the increase is too rapid rupiah raised fears that a foreign power Indonesia's exports will weaken. "Therefore, the central bank tried to get down to the market by releasing reserves, let alone all the stronger dollar position is less favored by exporters who had difficulty setting the selling price of its products in export markets," he said.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-9499657856056734102010-04-17T03:59:00.001-07:002010-04-17T03:59:30.223-07:00Government should not Negotiate Tax Ratio<div style="text-align: justify;">Danareksa Research Institute economist Purbaya Yudhi Sadewa proposed government should not negotiate with the House of Representatives on the<a href="http://economyindonesia.blogspot.com/2010/04/proposed-tax-ratio-16-difficult-reached.html"> tax ratio (the ratio of taxes)</a>. Because it concerns the performance in achieving the targets agreed upon with the assumption that the House of Representatives.<br />
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"The government has given the power to run the government. It is better to receipts submitted to the government not to discussions with the House. Later on when baseball on target then can there dimaki-maki (DPR), but do not negotiate on it," he said when met at the office of the Coordinating Economic Affairs, Jalan Banteng Square, Jakarta, Friday (16/4/2010).<br />
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In addition, he also advises not to try to raise the tax ratio determined this because the tax ratio based on the government's target has been achieved. If still want to be raised still need some time.<br />
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"Do we determine the numbers in the sky because it will be in the clouds. Other countries there are 20 percent, but please do not be achieved within one to two years, needs fundamental change," he said.<br />
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Earlier, experts from the input document of Commission XI of DPR RI Budget Simulation Macro-P Asumis cited okezone 2010, House Commission XI on forcing the government to increase the tax ratio to 13.5 percent of GDP this year to support the creation of 6.2 percent economic growth in order to keep the budget deficit remained 2.1 percent of GDP.<br />
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In the data, with the House Commission XI on calculating tax ratio 13 per cent of gross domestic product (GDP) Rp6.050 trillion, the tax collection increased to Rp786, 5 trillion, bringing the total state revenues increased to Rp1.028 trillion.<br />
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With these assumptions, there are a number of scenarios that appear related to the correlation between the tax ratio, economic growth and budget deficits.<br />
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However, if spending is maintained at Rp1.104, 6 trillion, then state revenues potentially up to Rp1, 028 trillion, with a permanent record deficit Rp76, 55 trillion. If the budget deficit was kept Rp129, 8 trillion, or 2.1 percent, the state expenditure could be increased to Rp1.157, 8 trillion.<br />
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Meanwhile, if the government is able to raise the tax ratio to 14 percent of the required increase of 16 percent or a total of Rp847 trillion. If the tax ratio increase of 15 percent of the tax revenue needed Rp907, 5 trillion or an increase of 24 percent.<br />
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Even if, based on initial demand of the House of Representatives Commission XI tax ratio increase of 16 percent, the government needs to boost tax revenue rose by 32 percent or a total of Rp968 trillion.<br />
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In the meeting last night, the amount of tax ratio has yet to be decided and will be specifically discussed between the Government and the House of Representatives Commission XI on next week.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-83656387258703504552010-04-17T03:53:00.000-07:002010-04-17T03:53:18.390-07:00Oil prices tumbled Back Up to USD83<div style="text-align: justify;"><a href="http://economyindonesia.blogspot.com/2010/04/oil-prices-slumped-under-85-dollars.html">Oil prices slumped back </a>on the weekend trade. Just as the index of Wall Street, the cause is a case of fraud allegedly committed by Goldmand Sachs.<br />
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"In addition, several large companies also reported poor financial performance, as well as negative yag housing data," wrote the Associated Press (AP) as quoted okezone in Jakarta, Saturday (17/4/2010).<br />
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At the close of trading Friday on the New York Mercantile Exchange, oil prices (crude) fell as much as $ 2, 27 and are dilevel USD83, 24 per barrel. While the price of Brent crude oil on the ICE futures exchange fell just 1.6 U.S. cents to the position of USD85, 99 per barrel.<br />
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Meanwhile, the index index tumbled on Wall Street trading closed this weekend. Cases of fraud (fraud) who allegedly carried out Goldman Sachs and the projected financial statements of issuers snapper bad the U.S. is suspected to be the main reason.<br />
<br />
Dow Jones index fell as much as 125.91 points, or 1.13 percent at 11018.66. Index Standard & Poor's 500 fell 19.54 points, or 1.61 percent to a level of 1192.14. Similarly, the Nasdaq composite index fell 34.43 points, or 1.37 percent to 2481.26 position.<br />
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Goldman's own shares have declined by 13 percent to $ 160, 89. This is the worst record since January 2009, which counted more than 100 million shares to investors released</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-1482479489419911782010-04-16T13:29:00.000-07:002010-04-16T13:29:34.566-07:00Shares and the rupiah Depressed<div style="text-align: justify;"><div style="text-align: justify;"><span class="long_text" id="result_box"><span style="background-color: white;" title="Saham dan Rupiah Tertekan"></span><span style="background-color: white;" title="Sebagian besar saham-saham di lantai Bursa Efek
Indonesia Jumat (16/4/2010) siang, bergerak di zona merah, Indeks Harga
Saham Gabungan pun menjauhi level 2.900.">Most stocks on the floor of the Indonesia Stock Exchange Friday (16/4/2010) afternoon, moving in the red zone, Composite Stock Price Index was away from the 2900 level. </span><span style="background-color: white;" title="IHSG sesi pertama
ditutup turun 0,82 persen atau 23,86 poin pada 2.876,666.">CSPI first session was closed down 0.82 percent or 23.86 points at 2876.666. </span><span style="background-color: white;" title="Sektor manufaktur
dan consumer menjadi pemberat indeks di jalur negatif.'">Manufacturing sector and the consumer becomes a weight index in the path of negativity. "</span></span></div><span class="long_text" id="result_box"><span style="background-color: white;" title="Sektor manufaktur
dan consumer menjadi pemberat indeks di jalur negatif.'"></span></span></div><span class="long_text" id="result_box"><span style="background-color: white;" title="Sektor manufaktur
dan consumer menjadi pemberat indeks di jalur negatif.'"><br />
</span></span><br />
<div style="text-align: justify;"><div style="text-align: justify;"><span class="long_text" id="result_box"><span style="background-color: white;" title="Sebanyak 104 saham turun mendominasi perdagangan sesi
pertama ini, dibandingkan 52 saham naik dan 60 saham stagnan.">A total of 104 stocks fell to dominate the trading session of this first, compared to 52 stocks rose and 60 shares remain stagnant. </span><span style="background-color: white;" title="Nilai transaksi
mencapai Rp 1,86 triliun dari 50.705 kali transaksi dengan volume 2,55
miliar saham.">The total transaction value reached USD 1.86 trillion from 50,705 times the volume of transactions with 2.55 billion shares.</span></span></div><span class="long_text" id="result_box"><span style="background-color: white;" title="Nilai transaksi
mencapai Rp 1,86 triliun dari 50.705 kali transaksi dengan volume 2,55
miliar saham."></span></span></div><span class="long_text" id="result_box"><span style="background-color: white;" title="Nilai transaksi
mencapai Rp 1,86 triliun dari 50.705 kali transaksi dengan volume 2,55
miliar saham."><br />
</span></span><br />
<div style="text-align: justify;"><span class="long_text" id="result_box"><span style="background-color: white;" title="Sementara nilai
tukar rupiah terhadap dollar AS siang ini juga tertekan.">While the rupiah against the U.S. dollar this afternoon was also depressed. </span><span title="Mata uang RI ini ada di posisi Rp9.017 per dollar AS.">RI currency is at a position Rp 9.017 per U.S. dollar.</span></span></div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-55488398140336064922010-04-16T13:22:00.000-07:002010-04-16T13:22:16.646-07:00Economic Activity Increases, Tax Receipts Should Also Rise<div style="text-align: justify;">Danareksa Research Institute economist Purbaya Yudhi Sadewa believe economic growth in 2010 amounted to 6 percent may be achieved. This economic growth will be sustained by increased consumption, investment and exports this year. "There could be achieved, is still quite reasonable. In 2010, 6 pesen not too difficult to achieve," said economist Danareksa Research Institute Purbaya Yudhi Sadewa when found in the Office of Coordinating Minister for Economic Affairs, Jakarta, Friday (16/4/2010).<br />
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According Purbaya, Indonesia's exports increased 12 percent in line with the improving global economy and demand for Indonesian market. It also encourages investment and soaring domestic consumption. Besides, he added, the benchmark rate of Bank Indonesia or BI Rate is set by the Bank amounted to 6.5 per cent is also a motivating factor in investing in Indonesia.<br />
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"Investment last year was still slow because of high interest, low demand. When demand is strong world market slowly they will add production capacity and investment to rise," explained Purbaya. Previously, the government and the House of Representatives Commission XI agree on economic growth to 5.8 percent. This figure meningakat 0.3 percent from the initial assumption of government in the State Budget-P which amounted to 5.5 percent. For these additions, the Minister of Finance Sri Mulyani states needed additional revenue amounting to Rp 15 trillion.<br />
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According Purbaya, with the increase of the target there is a logical consequence to raise revenue. He stated the increase in revenue can be raised from the tax sector. However, it can go hand in hand with increased economic activity. "If economic activity rose by itself can increase taxes. It's who can cover the needs of the budget with the addition meingkatnya economic growth target," he continued.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-42297592630329084312010-04-15T19:35:00.001-07:002010-04-15T19:35:57.842-07:00Alert! Steel Prices Could Rise by 130 Percent<div style="text-align: justify;">Looking at the steel raw material prices continued to climb, PT Krakatau Steel to remind the downstream producers to be careful because the steel raw material prices are predicted this year could increase to 130 percent.</div><br />
<div style="text-align: justify;">Due to rising prices of steel raw materials, in Japan starting this year to apply raw material purchase contracts per quarter. This was done to anticipate the development of steel price increases of raw materials.</div><br />
<div style="text-align: justify;">In Indonesia, it is possible too, right, adopted the system of raw material purchase contracts as of this quarter. "Not yet final, but likely will be implemented starting the second quarter of this year," said PT Krakatau Steel marketing director Irvan Kamal Hakim.</div><br />
<div style="text-align: justify;">Implementation of the system of steel raw material purchase contracts per quarter is the first time during last 40 years. "We can not predict the impact of this new contract system to the downstream producers as there is no example of his model," Irvan said </div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-18648930948670433022010-04-15T19:30:00.000-07:002010-04-15T19:30:12.982-07:00Rising Asian currencies<div style="text-align: justify;">Bright economic prospects in the Asian region join to boost currency countries in the continent. In fact, the record-a new record of Asian currencies against the U.S. dollar (U.S.) re-created. Yesterday (15.4.2010), the Korean won rose 0.41 percent to KRW 1107.55 per U.S. dollar. Won this is the highest position since 10 September 2008. Then, the rupiah also climbed 0.06 percent to Rp 9.008 per U.S. dollar, or its highest level since July 3, 2007.</div><br />
<div style="text-align: justify;">If counted from the beginning of this year until yesterday, the ringgit Malaysia is still led the increase in Asian currencies amounted to 7.51 per cent, followed by the rupiah (5.15 percent), Indian rupees (4.69 percent), and Korean won (4.30 percent).</div><br />
<div style="text-align: justify;">A number of positive news continues to flow from Asia. Government of China announced its economic growth in the first quarter this year reached 11.9 percent. This is the best position since the last two years. Fourth-quarter 2009 on China's economy grew 10.7 percent. Yesterday, China's yuan exchange rate was fairly stable at 6.826 per U.S. dollar.</div><br />
<div style="text-align: justify;">Bank Mandiri economist, Muhammad Doddy, express, positive sentiment globally still color the strengthening of Asian currencies. For example, the financial crisis that struck the Greeks began to see a bright spot. Namely, the aid commitments from the IMF and the European Union. In addition, retail sales in the U.S. could still rise. Of course this is a signal that the economic recovery began to appear.</div><br />
<div style="text-align: justify;">Doddy also saw yuan revaluation plan helped lift Asian currencies. "If these go ahead, for example, I think it could make Asian exchange rates continue to rise," he said.</div><br />
<div style="text-align: justify;">Ruru Dyatmiko, money market observer, seeing an increasingly bright economic prospects so that Asian currencies are still attractive. "In addition rupiah, Korean won also worthy of collection," he said. Therefore, the currency strengthened if it has the potential to be realized yuan revaluation. He guessed, rupiah and the won could rise 20 percent this year.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-33304640400117552962010-04-15T08:23:00.000-07:002010-04-15T08:23:02.626-07:00BPK Ready To Audit Directorate General of Tax<div style="text-align: justify;">State Audit Agency (BPK) RI will audit the performance of the Directorate General (DG) Tax Ministry of Finance during the year 2009. The audit results will be submitted along with the performance audit report for the second half of 2010.</div><br />
<div style="text-align: justify;">"CPC therefore will deliver a performance audit for the second half of this year," said Chairman of BPK RI Hadi Purnomo in a press conference after the plenary session of Parliament in the DPR / MPR, Jakarta, Tuesday, April 13, 2010.</div><br />
<div style="text-align: justify;">According to Hadi, an audit conducted after the outbreak of cases involving tax mafia one Tambunan Gayus Tax Directorate staff. Audit itself will be seen from the aspect of implementation of the system in one of those financial ministry directorates. "So, for the case of Gaius must be viewed from two sides of the case and the system, he said.</div><br />
<div style="text-align: justify;">To audit the system, CPC plans to examine in terms of rules which are divided on three things. First, see whether or not there rules that conflict with the regulations on it. Second, whether or not there rules that are not implemented and whether or not final regulations have not followed up.</div><br />
<div style="text-align: justify;">"If it has no rules above, will be straightened. If there is power to form, it must be formed," said Hadi.</div><br />
<div style="text-align: justify;">Hadi admits, he has yet to ever receive a request for investigative audit of other agencies. "For the investigation there has been no request to us," he said.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-14043275159034757272010-04-13T21:17:00.000-07:002010-04-13T21:17:50.952-07:00Proposed Tax Ratio 16% Difficult Reached<div style="text-align: justify;">Proposed council <u>tax ratio</u> is associated with increased taxation was increased to 16% from 11.7% the target will not be considered impossible. Kemenkeu own target level was not reached until three years into the future. "If 16% gradual approach may be achieved within the next few years, but if within 1 year, 16%, almost no mngkin / Mutual Fund said chieft Economist Institute Purbaya Yudhi Sadewa to Balance in Jakarta, yesterday.</div><br />
<div style="text-align: justify;">Yudhi, which could limit the increase is targeted toward the realization of the government only last year amounted to 12.9%. Hopefully, the government does not target tax ratio is less than the realization years ago that the article is the description of the efficiency of tax collection. "If the target of increasing the tax ratio increases with the realization last year fell 1.2% do not like this any sort of tax-ny down will see we are not efficient in collecting taxes, "he explained.</div><br />
<div style="text-align: justify;">Although the reason for the government lower the target caused by the increase in Gross Domestic Product (GDP) advanced Yudhi but should ju line and can be kept in constant realization like last year which was considered good enough. "If you want naikin least deketin realization last year the government can not say engga can be achieved because last year could be achieved, as long as it does not go up people will not believe it let alone go down, "urainya.Sebelumnya, members of the IUH it imi mi nt Directorate General of Taxation to raise tax revenue target (tax ratio) reached 16% of GDP. Where it is suspected the existence of cases of tax mafia made that cost the state Tambunan Gaius Rp.25 billion.</div><br />
<div style="text-align: justify;">The case made by Gaius by Members of Parliament XI commission Muradi Darmansyah be an example that is not good especially if the tax boycott movements emerged amid the community of 32 thousand employees 10% tax if it just became Gaius then Indonesia would lose trillions of rupiah from pajak.Sementara acceptance that, Yudhi added associated with the case markus will generate a positive thing to Invesment in-e if the cases smiled, but can be dismantled, so it will generate a positive response from foreign investors who will invest. "It means we are happening to us bulkna 1 a disease that This hot-hot chicken tai abis was not missing anything back into the system too long I see it will tend to neutral to positive, "he said.</div><br />
<div style="text-align: justify;">Yudhi rate during this much-abiding taxpayers to pay taxes, but with this case then for a while tax officials and taxpayers would not dare to outsmart a variety of tax payment. "With this situation for a while longer hot-hotnya this problem they dare not good for the basic for the basic-from taxpayers and tax officials, as it is-a-BRIK diobrak, "he concluded.</div><br />
<b>Need 3 Years</b><br />
<br />
<div style="text-align: justify;">Different place, Head of fiscal policy the Ministry of Finance Anggito Abimanyu believes the same thing, which amounted to 16% tax ratio is impossible to achieve in ini.Pasalnya sampau takes 3 years to achieve with lax coverage of it. "Two. Up to three more years, could only be achieved," he said in Jakarta on Monday.</div><br />
<div style="text-align: justify;">For the advanced Anggito meningkatkantax ratio is not a result of the sudden reform, but it requires time in raising its tax base in accordance with Leaves requested by council members. "The number of taxpayers has increased by about 10 million if they can improve the economy growing certainty and better oversight, "said imbuhnya.Ia to achieve the tax ratio of 16% will require some pre-conditions to meet, where one of the affect-related ruhinya nominal GDP growth amounted to 10%.</div><br />
<div style="text-align: justify;">As a picture of Indonesia's GDP figures are now currently about 6000 trillion. If a growth of 10% then there should be increased to 6600 trillion. 12.4% tax ratio to GDP is currently about $. 710.3 trillion considered very low if compared with countries in the Asia Tenggara.Namun Directorate General of Taxation will intensify and the tax sector, which still are under a tax. "All the potential we shall see. For example, what industries are good growth sector. But a small tax for example telecommunications," concluded the DGT-tardjo Muhammad Tjip in Jakarta, Monday (12 / 4)</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-87892054956768059992010-04-13T21:04:00.000-07:002010-04-13T21:04:19.719-07:00Down Oil Prices Due to Economic Recovery IEA warns<div style="text-align: justify;"><u>Oil prices fell</u> on Tuesday as the International Energy Agency (IEA) warned about the potential risks to the economic recovery brought about high energy costs. New York's main futures contract, light sweet crude for May delivery fell 29 cents to 84.05 dollars per barrel. Brent North Sea crude oil for delivery may also slumped 29 cents to 84.48 dollars per barrel.</div><br />
<div style="text-align: justify;">The IEA on Tuesday revised the projected rise in world oil demand in 2010 is 30,000 barrels per day due to unforeseen economic activity is strong in the U.S., Asia and the Middle East. However, the IEA also warned in its latest monthly report that oil prices above 80 dollars per barrel could hinder economic recovery.</div><br />
<div style="text-align: justify;">"While the ongoing price subsidies can protect non-OECD consumers from the reality of any potential new price hikes, this, plus the tight credit from two years ago, could hamper the economic recovery of the OECD or create more short-OECD oil than our current shadow this, "said IEA.</div><br />
<div style="text-align: justify;">"In the end, things could turn messy for the manufacturer if the 80-100 dollars per barrel is only seen as just 60-80 dollars per barrel, while stunting the economic recovery triggered the resurgence of investment in the supply of non-oil and non-OPEC."</div><br />
<div style="text-align: justify;"><a href="http://economyindonesia.blogspot.com/2010/04/oil-prices-slumped-under-85-dollars.html">Oil prices surged above 80 dollars</a> last week after traded in the range of 70-80 dollars, a level deemed satisfactory by the Organization of Petroleum Exporting Countries (OPEC) and the consumer.</div><br />
<div style="text-align: justify;">"Crude oil prices tend to get some support following the bullish tone of the IEA monthly report which shows that the average world crude oil demand will reach record high of 86.6 million barrels per day (MBD) in 2010," said Sucden analyst Financial Research , Myrto Sokou.</div><br />
<div style="text-align: justify;">The IEA on Tuesday also raised its estimate for oil supply from countries such as Canada and Russia, which does not include OPEC - the member countries that together pump about 40 percent of world crude oil.</div><br />
<div style="text-align: justify;">Non-OPEC production was revised up 220,000 barrels per day to 52.0 million barrels per day for 2010 "reaffirmed the more optimistic view of the supply in the middle of the high price levels." IEA offers advice on energy policy to the Organization for Economic Cooperation and Development (OECD), a group of 30 developed countries of the world. Wednesday the U.S. Energy Information Agency (14/4/2010) will publish its weekly report on oil inventories, a key indicator for the oil market.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-65037963972299529252010-04-13T03:07:00.000-07:002010-04-13T03:07:10.967-07:00Oil prices slumped Under 85 Dollars<div style="text-align: justify;"><u>Oil prices slumped</u> on Monday (12 / 4) for the fourth consecutive session in New York, under pressure from the demand that mediocrity in the United States, the world's largest energy consumer. New York's main contract, light sweet crude for May delivery, fell 58 cents to 84.34 dollars per barrel after the dollar rose above 85 in early trading today. Brent North Sea crude for delivery in London in May shrank six cents to 84.77 dollars per barrel.</div><br />
<div style="text-align: justify;">New York oil market has the session was "pretty quiet" because prices drifted higher and lower, said Antoine Halff of Newedge Group. "Maybe one that looks just correction profits from two weeks ago," he said.</div><br />
<div style="text-align: justify;"><a href="http://economyindonesia.blogspot.com/2010/04/crude-oil-prices-rise-to-highest-level.html">Oil prices </a>continued to retreat from the peaks reached last Tuesday over 87 dollars for the first time since October 2008. Weekly reports the U.S. government oil stocks, last Wednesday, showed crude oil inventories increased for 10 consecutive weeks.</div><br />
<div style="text-align: justify;">"Pendulum while sentiment has shifted back toward skepticism that the request is not recovered enough to support current prices," said Mike Fitzpatrick of MF Global. "Last week's inventory report could, at best, only be read as an indication of the energy markets are still fragile."</div><br />
<div style="text-align: justify;">In earlier trading, oil prices gain encouragement from the report on Saturday which showed that oil imports to grow in China, the second largest energy consumer in the world, amounting to 29 percent in March compared with the previous year</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0tag:blogger.com,1999:blog-5011845002750636440.post-16295474498034864272010-04-13T03:03:00.000-07:002010-04-13T03:03:38.634-07:00Director General of Taxation Telecommunications Sector Scan<div style="text-align: justify;"><u>Director General of Taxation</u> Mochammad Tjiptardjo said it continued to explore the sectors grew rapidly yet assessed the tax paid in the low perceived as <i>telecommunications</i>. "All who have the potential to be seen. For example petumbuhannya sectors of the industry what is good, but a small tax. For example, yes the communication sector," he said in the Parliament Building, Jakarta, Monday.</div><br />
<div style="text-align: justify;">He said, efforts will be made to increase the tax revenue side, including through the intensification of tax. Meanwhile, the taxation sector into the spotlight primarily on the State Budget of 2010. In the 2010 Budget the government is targeting revenue Rp715, 53 trillion, or 12.4 percent of GDP.</div><br />
<div style="text-align: justify;">However, in the middle of 2010 State Budget Changes proposed by the government cut its tax revenue to 11.7 percent of GDP, or a total of Rp710, 3 trillion. This becomes a question in Parliament. Member of Commission XI DPR RI judge Dondkambey Olly's nothing wrong with tax revenue.</div><br />
<div style="text-align: justify;">According to him, with a growing economy improved, tax revenue should also increase. "If the economy strong but declining tax revenues, actually there is something wrong," he said.</div><br />
<div style="text-align: justify;">He added that there is a lot of tax cases which are now in the spotlight, the more to strengthen the presumption that the decrease in tax target really does not make sense. He said many of the potential for taxes to be excavated. "It is important to be commercialized," he said.</div>Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com1tag:blogger.com,1999:blog-5011845002750636440.post-72316574518058273092010-04-12T19:29:00.001-07:002010-04-12T19:29:56.859-07:00BI Not Able Weir Foreign Capital - Increases Over Possible U.S. Dollar Rupiah<div style="text-align: justify;">There are excellent opportunities <u>Rupiah Rise On Possible U.S. Dollars</u>. Rupiah on Tuesday (13 / 4) is estimated to strengthen. Despite intervention by Bank Indonesia (BI), the central bank is considered unable to stem the flow of foreign capital. Forex observers from CIMB Niaga Bernard Simorangkir predicts, the rupiah today is still going to continue strengthening, can even exceed the trade yesterday. Although filled with BI intervention, the current capital inflow could not be dammed. "Rupiah will be traded in the range of 9000-9025 per U.S. dollar,".</div><br />
<div style="text-align: justify;">According to him, opportunities open strengthening rupiah, after yesterday touched the highest point at 8975 per dollar. However, this increase in the BI intervention halted the rupiah continued to return to around 9000's. However, Bernard would not be able to put the brakes on the BI rate of foreign capital flows. So that the rupiah rally still continues to occur until around the beginning of the second half of this year. However, the market still must be alert to the increase in basic electricity tariff (TDL), continued in inflation pressures and a tightening of liquidity, "This will limit the further strengthening of rupiah," he said.</div><br />
<div style="text-align: justify;">Bernard explained, Indonesia is still the alternative placement of funds, especially since the market correction has not been hit by a worrying. "Europe's financial problems are still not finished, so that Asia remains a priority during the first half of this," he said.</div><br />
<div style="text-align: justify;">While interest rate changes will not occur until the second semester of 2010. BI is still preoccupied with the problem limiting exchange rate appreciation, especially when trying to penetrate the 9000 level. "Still, the central bank will 'theft' because the capital inflow can not be completely suppressed," said Bernard.</div><br />
<div style="text-align: justify;">Ariston Tjendra, researchers and analysts PT Monex Investindo Futures estimates, the rupiah today will strengthen the U.S. dollar as berlanjutnya correction. "Rupiah will move in 8930-9020 range," he told INILAH.COM, in Jakarta, when contacted separately.</div><br />
<div style="text-align: justify;">Expectations weakening U.S. dollar triggered the negative sentiment from the U.S. trade balance which will be announced on Tuesday (13 / 4) later tonight. U.S. balance sheet is expected to swell to minus U.S. $ 38.4 billion from the previous minus U.S. $ 37.3 billion.</div><br />
<div style="text-align: justify;">On the other hand, the market is also still awaiting data on U.S. retail sales on Wednesday (14 / 4) tomorrow is positive dieskpektasikan 1% from 0.3% previously. However, these positive data, it weakens the U.S. dollar as the growing risk appeite in emerging markets.</div><br />
<div style="text-align: justify;">At the same time, Fed governor, Ben Bernanke will deliver a speech regarding the condition of current U.S. economy. But, the market had predicted would not be much change from the contents of Ben's speech. Because, in a speech last few weeks it was always the same, namely the U.S. is still in crisis. "Therefore, the U.S. dollar is still in slowdown," he said.</div><br />
On the other hand, the weakening dollar is still affected by strong currency combined European countries (the euro) and £ due to the EU and IMF assistance worth U.S. $ 61 billion over Greece. Negative impact for the U.S. dollar will take place within this week. "Therefore, the rupiah still remain within the corridor strengthening," he concluded.Indonesia Todayhttp://www.blogger.com/profile/01345603095759894271noreply@blogger.com0