Pawnshops explore Rp2 trillion bond issue
Credit and Loan August 25th, 2009
Perum Pegadaian explore the issuance of debt or bonds with a value of Rp2 trillion, the amount of funding to earnings this year are targeted to reach Rp75, 8 trillion.
Director Chandra Purnama Perum Pegadaian revealed plans will be realized in this year but definitely not the time.
“With the turnover and profit targets high this year there must be one of subvention funding through bonds next year,” he told the press on exposure to performance in 2009, today.
On that occasion Budiyanto, Director of Finance Perum Pegadaian, adding last year it also relies on the bond. However, he was not sure the bond underwriter or underwriters.
“We’re still exploring it and to the underwriter has not determined, were discussed,” he said.
Budiyanto said that the high target earnings reached Rp75, 8 trillion would encourage it to find funding to support the realization of the target.
Foreign consultants Creating the High Cost
Finance August 20th, 2009
The government is expected to soon complete the Consulting Services Bill, due to a need for rules in the field of consulting services considered very urgent. Whether in the context of improving the competitiveness of national consultants as well as the fulfillment of quantity and quality of national development.
“Actually, this bill longer have started from 2007, instead beginning of 2009 the draft has been entered into the Commission XI DPR-RI. But somehow the discussion suddenly stopped, “said Chairman of the National Association of Indonesian Consultants (INKINDO) Jabar, Firdaus Achmad Doddy.
According to Doddy, who was elected as Chairman INKINDO Jabar 2010-2014 for the service, the AFTA (ASEAN Free Trade Area) for consultancy services was started in 2010 this. This means a need for regulatory consulting services are not negotiable.
Explained, on one side of the law could become a kind of consultant nontarif barriers or filters for protecting the national interests of the invasion of foreign consultants. It was also giving space to the national consultants, in order to remain able to develop themselves and more to host their own country.
“Actually we are more harmed by large projects financed from foreign loans. Because they usually require foreign consultants, whose quality is not better than consultants Indonesia. The result of financing projects are usually very high, but it becomes a debt burden of the nation, “he said.
Things like that can be minimized by Doddy with the Act, at least not by requiring the involvement of national consultants as possible. Thus, wasteful use of the national debt could also be reduced
Huawei will invest U.S. $ 500 million in India
Company Info August 19th, 2009
Huawei Technologies Co. Ltd. plans to invest U.S. $ 500 million for the development of research and development center in Bangalore, India, within a period of five years.
Sites mentioned chinaknowledge telecommunications equipment vendors are also planning to increase the number of workers in research and development center in India from 2,000 people to 5,000 people.
Huawei CEO Max Yang said it was targeting the 3G market in India and the target to come out as the winner of the tender third-generation technology from mobile operators in the country, as the largest operator Bharti Airtel.
“India including market-sensitive pricing and Huawei will be doing business in this country for the long term,” said Yang.
The second largest vendor in the world is also targeting India as a global market liaison and planning for local manufacturers to produce telecommunications equipment.
Huawei mentioning earned U.S. $ 1 billion from the Indian market in 2009 and the target revenue this year with last year setera.
HSBC's time For Looking Down To Secondary Market
Bank August 13th, 2009
that the existence of market segments for middle to lower banking world, particularly the Hongkong and Shanghai Banking Corporation Limited (HSBC), provides a huge opportunity. Because, people in this segment has significant needs compared to other market segments, since many of their needs are not fully met. HSBC noted there are approximately 20 million potential customers in this segment. On the basis of this, HSBC HSBC Loan develop.
HSBC loan products that have been available since last year this is not a purely financial product, but rather on a brand that embraces customers from the lower middle class. “Loan HSBC is expected to become part of the community where the customers are. As a product, HSBC loan has been designed to meet their needs, “said the Grand Admiral, Senior Vice President of Marketing Communication and Public Affairs HSBC Indonesia. On the other hand, by providing loans at HSBC, the banking network in Indonesia, headquartered in the World Trade Center Building, Sudirman area, South Jakarta, was to become a trusted partner communities lower middle income economies, especially those eager for a better quality of life. “How is the economic empowerment of the targeted groups, through a loan program that easily available and accessible in terms of transparency,” he added. Read the rest of this entry »
