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.
Wednesday, May 5, 2010
Foreign Exchange Reserves Increase to U.S. $ 78.6 billion
JAKARTA. Indonesian foreign exchange reserves increasing from U.S. $ 77 billion in the third week April 2010 to U.S. $ 78.6 billion at the end of April so help countries in debt repayment and other financing, such as rice and oil for the benefit of the people. With a total revenue of it, at least the state can pay for debt repayments for a period of five to six months ahead.
"The only foreign exchange reserves reached U.S. $ 50 up to 55 billion, the state can pay for debt repayments for a period of four months. Supposedly, with achievement to break the U.S. $ 78 billion more, the state can pay the mortgage debts of more than that, "said Anwar Fahrial financial analysts, Wednesday (5 / 5).
He stated that the achievement of a positive image of the central bank to lift this market can not be separated from efforts by Bank Indonesia (BI) buying dollars every day. "Wibawa central bank lifted. BI aggressively buy dollars, especially when the rupiah strengthened and the dollar weakened, through several banks, including Bank Mandiri and BNI, "he added.
Further.
In addition, increasing foreign exchange reserves amounted to U.S. $ 1.6 billion in just one week is also influenced by the surge of foreign flows to Indonesia. "The increasing confidence of international investors about the prospects of the domestic economy plays a major role in increasing foreign exchange reserves now," explained Fahrial.
However, the BI should still have to monitor the entry of foreign investors to Indonesia. Because, if they go in droves to Indonesia, then walk away together, the domestic economy will fall.
"Our country embraces free foreign exchange regime, unlike other countries that impose a minimum stay for foreign waku. Their entry was to bring a positive influence, but on the other hand would be very harmful if not controlled, "added Fahrial
"The only foreign exchange reserves reached U.S. $ 50 up to 55 billion, the state can pay for debt repayments for a period of four months. Supposedly, with achievement to break the U.S. $ 78 billion more, the state can pay the mortgage debts of more than that, "said Anwar Fahrial financial analysts, Wednesday (5 / 5).
He stated that the achievement of a positive image of the central bank to lift this market can not be separated from efforts by Bank Indonesia (BI) buying dollars every day. "Wibawa central bank lifted. BI aggressively buy dollars, especially when the rupiah strengthened and the dollar weakened, through several banks, including Bank Mandiri and BNI, "he added.
Further.
In addition, increasing foreign exchange reserves amounted to U.S. $ 1.6 billion in just one week is also influenced by the surge of foreign flows to Indonesia. "The increasing confidence of international investors about the prospects of the domestic economy plays a major role in increasing foreign exchange reserves now," explained Fahrial.
However, the BI should still have to monitor the entry of foreign investors to Indonesia. Because, if they go in droves to Indonesia, then walk away together, the domestic economy will fall.
"Our country embraces free foreign exchange regime, unlike other countries that impose a minimum stay for foreign waku. Their entry was to bring a positive influence, but on the other hand would be very harmful if not controlled, "added Fahrial
Monday, May 3, 2010
2010, Indonesian Air Passenger Growth Up 30%
JAKARTA. Central Statistics Agency (BPS) estimates that air passenger growth in Indonesia rose 30% to the end of 2010.
BPS official data showed, During January-March 2010 domestic passenger numbers reached 9.6 million people or 20.30% increase compared to same period last year amounted to 8.0 million people.
Meanwhile, for international passengers in the same period the number reached 2.1 million people. Or increased 29.74% compared to the number of passengers in the same period in 2009 amounted to 1.6 million people.
According to BPS Chief Rusman Heriawan, if the increase in domestic and international air passengers could be kept stable until the end of the year, the increase in passenger numbers in 2010 could be 30% higher than the realizable until the end of last year.
Just so you know, during January-December 2009, the total domestic passengers reached 35.7 million people and the number of international passengers reached 8.0 million people.
"We estimate the number of international passengers will rise for the next two months. Since June to July in the European summer holidays, will likely be many more foreign tourists into Indonesia, "said Rusman, Monday (3 / 5).
BPS official data showed, During January-March 2010 domestic passenger numbers reached 9.6 million people or 20.30% increase compared to same period last year amounted to 8.0 million people.
Meanwhile, for international passengers in the same period the number reached 2.1 million people. Or increased 29.74% compared to the number of passengers in the same period in 2009 amounted to 1.6 million people.
According to BPS Chief Rusman Heriawan, if the increase in domestic and international air passengers could be kept stable until the end of the year, the increase in passenger numbers in 2010 could be 30% higher than the realizable until the end of last year.
Just so you know, during January-December 2009, the total domestic passengers reached 35.7 million people and the number of international passengers reached 8.0 million people.
"We estimate the number of international passengers will rise for the next two months. Since June to July in the European summer holidays, will likely be many more foreign tourists into Indonesia, "said Rusman, Monday (3 / 5).
Wednesday, April 28, 2010
Triggering the crisis in Europe in the SUN Profit Taking
JAKARTA. Action international rating agency, Standard & Poor's (S & P), cut the debt ratings of Greece and Portugal make markets Government Securities (SUN) was shaken. Yesterday (28 / 4), profit-taking investors (profit taking) so the price of reference corrected SUN.
The analysts expected, partly because foreign funds pull back to invest in foreign debt the U.S. government aka the U.S. treasury. The proof, yesterday, the yield (earnings yield) debt securities of the 10-year U.S. dropped to 3.69% compared to the previous day at 3.81%. While U.S. bond yields on five-year tenor is also down from 2.56% to 2.42%.
Bond analysts said Trimegah Ariawan, U.S. bond prices rose as demand increases. Understandably, investors assume U.S. treasury is a safer investment instruments than bonds of other countries.
Based on data Traders Association SUN (Himdasun), the reference price series SUN FR 0027 tenor of five years slipped 0.27% to 105.80 from 106.09 in two days ago (27 / 1). SUN price series of the 10-year benchmark, namely FR 0031 also fell 0.3% to 116.61 compared with 116.96 the previous day. So did the price of the 0052 FR 20-year tenor, down 0.29% from 106.29 to 105.98.
SUN Price premium
Kim Eng Securities analyst Bonds Dian Abdul Hakim said, investors should be wary of the strengthening U.S. treasury prices. Therefore, these conditions usually lead to profit-taking in our bond market.
"Stability of the rupiah in the range of Rp 9000 - Rp 9020 per U.S. dollar also become an attraction for players to jump into the forex market," he said. As a result, trading stocks and bonds, for the time being abandoned by investors.
Even so, the flow of foreign funds coming into the SUN is still quite heavy. Data from Directorate General of Debt Management (DJPU) shows, as at 27 April 2010, foreign ownership in the SUN reach Rp 146.87 trillion. Number had risen to Rp 14.41 trillion compared to the end of last March, which amounted to Rp 132.46 trillion.
According to Nasution Farid Azhar, Bahana Securities, Fixed Income Sales, cutting the debt ratings of Greece and Portugal, it opened opportunities for foreign investors to park their funds in emerging markets. "So far, the benchmark Asia is Thailand. However, unstable political situations create an opportunity fund to Indonesia to run pretty fast," he explained. Although, the number of credit default swap (CDS) of Indonesia on Tuesday (27/4) and also rose to 171.13 from 155.35 the previous day.
Farid suspect, foreign funds flowing into Indonesia is still going through the first semester of 2010. The reason is, market hopes of Indonesia's debt ratings will improve. Dian added, bought at the market action will continue in the SUN SUN tenor of its length and short tenures. However, local investors should start off slowly SUN, because the price is already more expensive.
The analysts expected, partly because foreign funds pull back to invest in foreign debt the U.S. government aka the U.S. treasury. The proof, yesterday, the yield (earnings yield) debt securities of the 10-year U.S. dropped to 3.69% compared to the previous day at 3.81%. While U.S. bond yields on five-year tenor is also down from 2.56% to 2.42%.
Bond analysts said Trimegah Ariawan, U.S. bond prices rose as demand increases. Understandably, investors assume U.S. treasury is a safer investment instruments than bonds of other countries.
Based on data Traders Association SUN (Himdasun), the reference price series SUN FR 0027 tenor of five years slipped 0.27% to 105.80 from 106.09 in two days ago (27 / 1). SUN price series of the 10-year benchmark, namely FR 0031 also fell 0.3% to 116.61 compared with 116.96 the previous day. So did the price of the 0052 FR 20-year tenor, down 0.29% from 106.29 to 105.98.
SUN Price premium
Kim Eng Securities analyst Bonds Dian Abdul Hakim said, investors should be wary of the strengthening U.S. treasury prices. Therefore, these conditions usually lead to profit-taking in our bond market.
"Stability of the rupiah in the range of Rp 9000 - Rp 9020 per U.S. dollar also become an attraction for players to jump into the forex market," he said. As a result, trading stocks and bonds, for the time being abandoned by investors.
Even so, the flow of foreign funds coming into the SUN is still quite heavy. Data from Directorate General of Debt Management (DJPU) shows, as at 27 April 2010, foreign ownership in the SUN reach Rp 146.87 trillion. Number had risen to Rp 14.41 trillion compared to the end of last March, which amounted to Rp 132.46 trillion.
According to Nasution Farid Azhar, Bahana Securities, Fixed Income Sales, cutting the debt ratings of Greece and Portugal, it opened opportunities for foreign investors to park their funds in emerging markets. "So far, the benchmark Asia is Thailand. However, unstable political situations create an opportunity fund to Indonesia to run pretty fast," he explained. Although, the number of credit default swap (CDS) of Indonesia on Tuesday (27/4) and also rose to 171.13 from 155.35 the previous day.
Farid suspect, foreign funds flowing into Indonesia is still going through the first semester of 2010. The reason is, market hopes of Indonesia's debt ratings will improve. Dian added, bought at the market action will continue in the SUN SUN tenor of its length and short tenures. However, local investors should start off slowly SUN, because the price is already more expensive.
Tuesday, April 27, 2010
Fed Rate Securities Exchange Holding Asia
JAKARTA. Most investors in Asian stock markets perform profit-taking or profit taking, yesterday (27 / 4). As a result, almost all index stocks in the region slumped. The increase in the Nikkei 225 index experienced only by 0.42% to 11212.66.
Meanwhile, the Shanghai index suffered the biggest decline, falling by 2.07% to the 2907.93. Followed by the Hang Seng index fell 1.51% to 21261.79.
Asia Kapitalindo Futures analyst, Adi Kiswoyo Joe, said the current market participants anticipate the rise in interest rates in the United States (U.S.).
The indications, the U.S. Treasury Department began selling its shares of Citigroup. "Sales of these shares is the last step before the Fed raised interest rates," said Kiswoyo. He predicted, the Fed will be raising its benchmark interest rate in the second quarter of this year. As a result, markets in Asia will be corrected.
Despite the current drop, the average stock market in the Asian region is still growing since late last year. The highest growth was carved Composite Stock Price Index (CSPI) Indonesian Stock Exchange, which is 15.98%.
The stock indices in China, Hong Kong, and Taiwan is still red today. Shanghai and Hang Seng Index each minus 11.27% and 2.79% from the position late last year. Kiswoyo said China's stock market continue to sag because there is the threat of a bubble (bubble) property.
Foreign leave Malaysia
While the Malaysian stock market, foreign investors registered net turnover (net sell) in four consecutive months at the end of March 2010. CIMB Investment Bank Bhd research, as quoted by Bloomberg, yesterday, said, foreign investors continue to sell their shares even though the government has already loosened the rules of investment.
CIMB noted that foreigners made net sell shares worth U.S. $ 64 million in March 2010. Three months earlier, began in December 2009 until February 2010, had net foreign sell up to U.S. $ 180.5 million.
CIMB Investment Bank Analyst, Terence Wong, said the share sale was actually quite surprising, "Because of emerging markets in Asia have been enjoying the flow of funds to reach U.S. $ 2.5 billion in March," he said.
Over the past year, foreign investors in Malaysia recorded a net sell reach RM 8.57 billion or U.S. $ 2.6 billion. Net sales figure is shrinking as compared to 2008 which reached RM 38.6 billion. Yesterday, the FTSE index fell to position Malaysia 1339.72. But, since the beginning of this year is still up 5.26%.
Besides Malaysia, foreign funds also will leave the stock exchange of Sri Lanka. Whereas in other Asian countries, foreign investors still remain signed in March 2010.
Meanwhile, the Shanghai index suffered the biggest decline, falling by 2.07% to the 2907.93. Followed by the Hang Seng index fell 1.51% to 21261.79.
Asia Kapitalindo Futures analyst, Adi Kiswoyo Joe, said the current market participants anticipate the rise in interest rates in the United States (U.S.).
The indications, the U.S. Treasury Department began selling its shares of Citigroup. "Sales of these shares is the last step before the Fed raised interest rates," said Kiswoyo. He predicted, the Fed will be raising its benchmark interest rate in the second quarter of this year. As a result, markets in Asia will be corrected.
Despite the current drop, the average stock market in the Asian region is still growing since late last year. The highest growth was carved Composite Stock Price Index (CSPI) Indonesian Stock Exchange, which is 15.98%.
The stock indices in China, Hong Kong, and Taiwan is still red today. Shanghai and Hang Seng Index each minus 11.27% and 2.79% from the position late last year. Kiswoyo said China's stock market continue to sag because there is the threat of a bubble (bubble) property.
Foreign leave Malaysia
While the Malaysian stock market, foreign investors registered net turnover (net sell) in four consecutive months at the end of March 2010. CIMB Investment Bank Bhd research, as quoted by Bloomberg, yesterday, said, foreign investors continue to sell their shares even though the government has already loosened the rules of investment.
CIMB noted that foreigners made net sell shares worth U.S. $ 64 million in March 2010. Three months earlier, began in December 2009 until February 2010, had net foreign sell up to U.S. $ 180.5 million.
CIMB Investment Bank Analyst, Terence Wong, said the share sale was actually quite surprising, "Because of emerging markets in Asia have been enjoying the flow of funds to reach U.S. $ 2.5 billion in March," he said.
Over the past year, foreign investors in Malaysia recorded a net sell reach RM 8.57 billion or U.S. $ 2.6 billion. Net sales figure is shrinking as compared to 2008 which reached RM 38.6 billion. Yesterday, the FTSE index fell to position Malaysia 1339.72. But, since the beginning of this year is still up 5.26%.
Besides Malaysia, foreign funds also will leave the stock exchange of Sri Lanka. Whereas in other Asian countries, foreign investors still remain signed in March 2010.
Monday, April 26, 2010
Indonesia Southeast Asian Market Potential
JAKARTA. The mobile service providers looking at technology of Indonesia as the most potential market in Southeast Asia. In addition to its large population, the use of cell phones is also increasing.
"Indonesia is not only as a market that has a large quantity but also very selective and smart in selecting a service appropriate to their needs," said Steven Goh, CEO and founder of mig33 recently.
As the massive social entertainment service, mig33 brings new services and attractive to users. The new service is launched is an avatar that can be created in accordance with user creation. In addition to avatars, mig33 also has a social games that can be played by fellow members of the community, private groups, and virtual gifts. In a period of several months, the average revenue per user mig33 paid (ARPU) increased by more than $ 1 per month in countries like Indonesia.
Mig33 users who come from more than 200 countries interact in the community chat, exchanging photos, virtual gifts, play games together, send each other messages, join the existing groups, create avatars, and much more.
Mig33 service is available worldwide and can be accessed by more than 2000 mobile phone. mig33 was founded in 2005 and headquartered in Silicon Valley.
"Indonesia is not only as a market that has a large quantity but also very selective and smart in selecting a service appropriate to their needs," said Steven Goh, CEO and founder of mig33 recently.
As the massive social entertainment service, mig33 brings new services and attractive to users. The new service is launched is an avatar that can be created in accordance with user creation. In addition to avatars, mig33 also has a social games that can be played by fellow members of the community, private groups, and virtual gifts. In a period of several months, the average revenue per user mig33 paid (ARPU) increased by more than $ 1 per month in countries like Indonesia.
Mig33 users who come from more than 200 countries interact in the community chat, exchanging photos, virtual gifts, play games together, send each other messages, join the existing groups, create avatars, and much more.
Mig33 service is available worldwide and can be accessed by more than 2000 mobile phone. mig33 was founded in 2005 and headquartered in Silicon Valley.
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