The Indonesian government expressed his rejection of the plan of the World Bank and International Finance Corporation to return to give credit to the oil palm industry in Indonesia. The rejection was made, since the Indonesian oil palm industry has been able to find their own funding.
"We want to convey to the world bank and do not need to give more credit to our oil industry," said Deputy Minister of Trade in a press conference held at the office of the Ministry of Commerce in Jakarta, Thursday (26 / 8). Mahendra said that the palm oil industry in the country has been able to access alternative funding to finance their plantations.
But Mahendra says, it's likely bid the World Bank and IFC will be distributed to small farmers. "Even if there is a possibility, is to help the welfare of a small amount of oil palm farmers 45%," said Mahendra.
The World Bank's role in world oil since 1930 have occurred since the plantations were developed in Indonesia. Mahendra said that the palm oil industry became one of the industry, aided and raised by the World Bank. Whereas today, the oil palm industry in Indonesia has been large it has become the world's largest producer of CPO.
"The face of Indonesian palm oil is not like before," said Mahendra, which plans to deliver a direct rejection of granting credit to the Indonesian oil industry. The plan, Mahendra will come to Frankfurt, Germany on 30 August. "We will convey later in the meeting with the World Bank," he added.
Thursday, August 26, 2010
Tuesday, July 6, 2010
PayPal Cashing In On Mobile Commerce with Express Checkout
PayPal launched Mobile Express Checkout, a mobile extension of the company’s Express Checkout that offers online retailers a streamlined payment process. Early adopters of the new service include Nike and Buy.com, with a wider variety of retailers to follow, the company says. With the new service, vendors can offer a seamless checkout experience when customers shop on an iPhone or Android device, which will help continue to drive the growing mobile payment business — a market expected to top $633 billion by 2014.
With the new offering, PayPal is clearly going after a piece of that growing payment pie, and the company wisely expects that shopping on the go isn’t a passing fad. PayPal need only look at its own data to justify this assumption: mobile PayPal transactions have increased to $141 million in 2009 from $25 million the prior year. In a blog post today, Bill Zielke, senior director for PayPal’s merchant services team, says the company expects to see $500 million in mobile transactions this year. Zielke’s projection may sound high on the surface, but I wouldn’t be surprised if PayPal blows past that half-a-billion dollar mark in mobile transactions this year, especially if it can quickly get retailers on board.
It shouldn’t be too difficult for PayPal to attract big brands to the new service: retailers know that consumers are doing more on the go every day — every hit, link or mention of a e-tailer’s site is a potential sales opportunity. And every one of those opportunities can quickly be lost with a complicated or frustrating mobile payment process. By streamlining that process and customizing it for the small screen — popular ones no less, with iPhone and Android support — combined with a recognized brand in commerce, PayPal’s Mobile Express Checkout could eliminate the “Costanza Wallet.”
With the new offering, PayPal is clearly going after a piece of that growing payment pie, and the company wisely expects that shopping on the go isn’t a passing fad. PayPal need only look at its own data to justify this assumption: mobile PayPal transactions have increased to $141 million in 2009 from $25 million the prior year. In a blog post today, Bill Zielke, senior director for PayPal’s merchant services team, says the company expects to see $500 million in mobile transactions this year. Zielke’s projection may sound high on the surface, but I wouldn’t be surprised if PayPal blows past that half-a-billion dollar mark in mobile transactions this year, especially if it can quickly get retailers on board.
It shouldn’t be too difficult for PayPal to attract big brands to the new service: retailers know that consumers are doing more on the go every day — every hit, link or mention of a e-tailer’s site is a potential sales opportunity. And every one of those opportunities can quickly be lost with a complicated or frustrating mobile payment process. By streamlining that process and customizing it for the small screen — popular ones no less, with iPhone and Android support — combined with a recognized brand in commerce, PayPal’s Mobile Express Checkout could eliminate the “Costanza Wallet.”
Tuesday, June 29, 2010
Nissan Boost Investment in Indonesia
JAKARTA. Foreign businessmen reiterated his commitment to investment in Indonesia. This time coming from the Nissan Motor Company Ltd..
The Japanese company will boost production of Nissan cars to be marketed in Indonesia. "Nissan wants to expand production capacity to 100 thousand units per year," the spokesman said after accompanying President Yopie Hidayat Boediono met Vice President Chief Executive Officer (CEO) of Nissan, Carlos Ghosn, the Vice Presidential Palace, Tuesday (29 / 6).
According Yopie, Nissan promises increased production can be achieved in the year 2012. "We are still 50 thousand units," said Yopie.
Responding to Nissan's plan, Vice President Boediono asked what Nissan is needed so that the investment was able to walk. Yopie say, the Nissan for attention among other relief logistics costs, such as cost of transportation from the port and storage (storing).
Then, cut the time of mooring the vessel at the Port of Tanjung Priok than the usual 5 days to 1.5 days. Then, the problem of congestion in and out of port. "So it's not about manufacturing," said Yopie.
Ghosn declared an increase in Indonesia's infrastructure investment is needed in order to be able to walk, such as ports, roads, electricity and airports. Therefore, he welcomed the government's medium-term program to attract investment in the infrastructure sector, whose value reached U.S. $ 200 billion.
Besides, Ghosn said Nissan's optimistic about the investment plan in Indonesia. He cites two reasons. First, growth in a growing market. Second, in the future Nissan positioned Indonesia as an export base to sell Nissan cars in the world.
The Japanese company will boost production of Nissan cars to be marketed in Indonesia. "Nissan wants to expand production capacity to 100 thousand units per year," the spokesman said after accompanying President Yopie Hidayat Boediono met Vice President Chief Executive Officer (CEO) of Nissan, Carlos Ghosn, the Vice Presidential Palace, Tuesday (29 / 6).
According Yopie, Nissan promises increased production can be achieved in the year 2012. "We are still 50 thousand units," said Yopie.
Responding to Nissan's plan, Vice President Boediono asked what Nissan is needed so that the investment was able to walk. Yopie say, the Nissan for attention among other relief logistics costs, such as cost of transportation from the port and storage (storing).
Then, cut the time of mooring the vessel at the Port of Tanjung Priok than the usual 5 days to 1.5 days. Then, the problem of congestion in and out of port. "So it's not about manufacturing," said Yopie.
Ghosn declared an increase in Indonesia's infrastructure investment is needed in order to be able to walk, such as ports, roads, electricity and airports. Therefore, he welcomed the government's medium-term program to attract investment in the infrastructure sector, whose value reached U.S. $ 200 billion.
Besides, Ghosn said Nissan's optimistic about the investment plan in Indonesia. He cites two reasons. First, growth in a growing market. Second, in the future Nissan positioned Indonesia as an export base to sell Nissan cars in the world.
Tuesday, June 22, 2010
Fitch Assess Economic Conditions
Rating agency Fitch Ratings will review the progress and impact of Greek fiscal plan before deciding on the next debt ratings. Fitch also noted the economic development of Spain, and Portugal.
Brian Coulton, Fitch Ratings Global Chief Economist revealed that in Seoul, Tuesday (22 / 6). For your information, June 14 and Moody's Investors Service cut its debt rating from A3 to Ba1 Greek or junk. Sarah Carlson Moody's analysts estimate, there are 7% chance of going to Greece failed to pay within the next five years.
Coulton said, Fitch is currently more worried about the medium-term growth prospects of Spain and Portugal. Understandably, the foreign debt of the private sectors in both countries is highly regarded.
Steps agencies so deftly cut the debt ratings of Greece could make the European central bank chills. ECB said that rating agencies were not responsible in asking assessments.
Brian Coulton, Fitch Ratings Global Chief Economist revealed that in Seoul, Tuesday (22 / 6). For your information, June 14 and Moody's Investors Service cut its debt rating from A3 to Ba1 Greek or junk. Sarah Carlson Moody's analysts estimate, there are 7% chance of going to Greece failed to pay within the next five years.
Coulton said, Fitch is currently more worried about the medium-term growth prospects of Spain and Portugal. Understandably, the foreign debt of the private sectors in both countries is highly regarded.
Steps agencies so deftly cut the debt ratings of Greece could make the European central bank chills. ECB said that rating agencies were not responsible in asking assessments.
Monday, June 21, 2010
Every Month, McDonald scored 30 000 Transactions
Although silent about the amount of investment allocated for the preparation of the expansion of McDonald, PT Rekso National Food McDonald's claims so far succeeded in recording an average of 30 000 transactions per month per outlet.
"As consumers spend their money on average in the range of Rp 25,000 to Rp 50,000 in our stores in every visit," explained Dian Supolo, Director of Marketing and Communications Page RNF. Sukowati claim that value is above the average cost competitors in his class.
RNF still holds the license for the management of McD in Indonesia. "We only add our own outlets, while for a license for other companies who also want to be a McD's franchisee shall become the McD Corporation." Rini light T. Wardhani, Communications Manager of McDonald's Indonesia.
Just so you know, PT Rekso National Food (RNF) to open new outlets of McDonald's to-100 in Boulevard Artha Gading. This year RNF will add at least 13 new outlets scattered in various locations in Indonesia. After that, RNF peg the growth of outlets ranging from 10 to 12 restaurants per year.
"As consumers spend their money on average in the range of Rp 25,000 to Rp 50,000 in our stores in every visit," explained Dian Supolo, Director of Marketing and Communications Page RNF. Sukowati claim that value is above the average cost competitors in his class.
RNF still holds the license for the management of McD in Indonesia. "We only add our own outlets, while for a license for other companies who also want to be a McD's franchisee shall become the McD Corporation." Rini light T. Wardhani, Communications Manager of McDonald's Indonesia.
Just so you know, PT Rekso National Food (RNF) to open new outlets of McDonald's to-100 in Boulevard Artha Gading. This year RNF will add at least 13 new outlets scattered in various locations in Indonesia. After that, RNF peg the growth of outlets ranging from 10 to 12 restaurants per year.
Prepare Some ToniJacks Franchise Outlets
Tonijack's Indonesia is now prepare few outlets for their franchise.
"Among others in Pluit Junction, Sidoarjo, and Bali," said President Director of PT Tonijack's Indonesia Didit Permana to cash.
Currently, ToniJack's been in operation since October 2009 which already has 12 outlets in Jakarta, Bandung, and Surabaya, as well as one franchise outlets in Solo. "Looking at a very good trend, we are trying to penetrate the market by presenting a variety of innovations," said Didit.
Hence, in addition also has a cafe that serves coffee and pastries menu like McD's McCafe, ToniJack's also now serving Italian Pizza and Frozen Yogurt. "We just follow what is becoming a trend in society," said Didit.
Given its historical background, business competition between McD's Rekso with ToniJack's really quite hot. RNF is a new player who succeeded in ejecting from his position as Bambang Rachmadi terwarala McD middle of last year. As a result, Bambang Rachmadi also sell properties in 13 outlets and helped his former McD plays an important role in lahinya ToniJack's.
Until now feud between Bambang which still holds 10% stake in the joint McD Co. venturenya with any party not clear at last. But the strong suspicion ongoing peace talks.
"Among others in Pluit Junction, Sidoarjo, and Bali," said President Director of PT Tonijack's Indonesia Didit Permana to cash.
Currently, ToniJack's been in operation since October 2009 which already has 12 outlets in Jakarta, Bandung, and Surabaya, as well as one franchise outlets in Solo. "Looking at a very good trend, we are trying to penetrate the market by presenting a variety of innovations," said Didit.
Hence, in addition also has a cafe that serves coffee and pastries menu like McD's McCafe, ToniJack's also now serving Italian Pizza and Frozen Yogurt. "We just follow what is becoming a trend in society," said Didit.
Given its historical background, business competition between McD's Rekso with ToniJack's really quite hot. RNF is a new player who succeeded in ejecting from his position as Bambang Rachmadi terwarala McD middle of last year. As a result, Bambang Rachmadi also sell properties in 13 outlets and helped his former McD plays an important role in lahinya ToniJack's.
Until now feud between Bambang which still holds 10% stake in the joint McD Co. venturenya with any party not clear at last. But the strong suspicion ongoing peace talks.
Sunday, May 9, 2010
Follow Price Increase Expected Consumer Confidence Improved
The rate of economic recovery are beginning to show greget impact on the rising consumer confidence index. Based on the results of the monthly consumer survey by Bank Indonesia (BI), the consumer confidence index rose dilevel April 2010 recorded 110.7.
BI records, consumers in Indonesia have a better perception related to expectations of economic conditions six months ahead. Factors that influence perceptions and expectations of these improvements include the thicker RI foreign exchange reserves, the exchange rates that tend to remain stable, and inflation is still moderate level.
"This support consumer confidence which in turn contributed to the increase in the tendency of household expenditure," explained the BI in the publication of the survey, as quoted in the official website of the BI, Sunday (9 / 5).
Improvement of consumer confidence index was measured in more detail the economic conditions index (IKE) and index of consumer expectations (IEK). BI records, IKE in April 2010 also rose to 99.6.
"Respondent judge, this is because the increase in household income increases and is now a good time to buy durable goods," explained the BI. As for the IEK, carrying up 3.2 points from February.
Interestingly, in line with increasingly thick expectations of economic improvement and an increase in income, the survey also showed expectations of rising prices. "The pressure on overall prices in the next three months are expected to increase," said BI.
Tarfi increase in basic electricity in July 2010 will be one contributing factor to the increase in consumer expectations of price increases.
Finally, the survey shows consumers remain expectation of the amount of savings will continue to grow even though interest rates on bank deposits is expected to continue to fall. It is the impact of the stronger optimism of respondents to the earnings improvement coming six months.
BI records, consumers in Indonesia have a better perception related to expectations of economic conditions six months ahead. Factors that influence perceptions and expectations of these improvements include the thicker RI foreign exchange reserves, the exchange rates that tend to remain stable, and inflation is still moderate level.
"This support consumer confidence which in turn contributed to the increase in the tendency of household expenditure," explained the BI in the publication of the survey, as quoted in the official website of the BI, Sunday (9 / 5).
Improvement of consumer confidence index was measured in more detail the economic conditions index (IKE) and index of consumer expectations (IEK). BI records, IKE in April 2010 also rose to 99.6.
"Respondent judge, this is because the increase in household income increases and is now a good time to buy durable goods," explained the BI. As for the IEK, carrying up 3.2 points from February.
Interestingly, in line with increasingly thick expectations of economic improvement and an increase in income, the survey also showed expectations of rising prices. "The pressure on overall prices in the next three months are expected to increase," said BI.
Tarfi increase in basic electricity in July 2010 will be one contributing factor to the increase in consumer expectations of price increases.
Finally, the survey shows consumers remain expectation of the amount of savings will continue to grow even though interest rates on bank deposits is expected to continue to fall. It is the impact of the stronger optimism of respondents to the earnings improvement coming six months.
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