Official Sauber BMW Sell Shares
Stock Report April 18th, 2010
Hinwil – Finally, BMW decided to sell the shares back to Peter Sauber. Practically, this makes the future with Team Sauber Formula One (F1) was saved.
The future based on it’s time Hinwil questionable. It happened since BMW announced no action to compete in F1 in the past July 29, 2009 due to financial crisis.
Sauber admitted relieved to get back its shares, “I am very happy that we finally managed to find the best solution,” said Sauber F1Live as quoted on Sunday (29/11/2009).
“That means, we can maintain the team’s headquarters in Hinwil. I believe this new team has a bright future in Formula One. The transformation of the current with the new conditions will benefit the team,” he continued.
“Our staff is very competent and motivated and I’m looking forward to this new challenge. I want to thank BMW for four years with our success,” he said.
One of the BMW board member Klaus Draeger Dr solution also glad this happened. “This is very important to the success of these teams. Working together we are very satisfied,” Draeger said.
“We also want to thank Peter Sauber and the entire team for working together during the last four years this extraordinary place,” he said.
Barriers removed, Investment Could Grow 4.1%
Portfolio April 18th, 2010
JAKARTA – the world economic recovery in 2010 will also affect the growth of domestic investment that is expected to grow by 4.1 percent. However, predictions of growth rate of investment portfolio and direct investment would be different.
For the investment portfolio will be relatively high growth does not differ greatly with the year 2009. However, for direct investment, although the election has passed, the economic situation globally and in countries still be vulnerable in 2010, “said Hendri Saparini Econit economist, in a book Econit Economic Outlook 2010 Legal quoted, in Jakarta, Saturday (16/1/2010 ).
On the other hand, already since the last five years there was no significant improvement in the investment climate so that the predicted foreign investors would return choose to hold direct investment. Last year foreign investment (FDI) it will experience negative growth of 28 percent while domestic investment (PMDN) will remain positive.
“2010 investment barriers are quite a lot. In addition to infrastructure facilities are not adequate, nor legal certainty and corruption that resulted in a high cost economy, “he added.
Entering the year 2010, the government of SBY very confident, that positive growth is the achievement of government in managing the economy. So that will be a big capital to promote economic growth in 2010. Even the mention of economic growth in 2010 is not only encouraged but also private consumption growth of investment.
Thus, optimism for the targets will be achieved based on the strategy of ministers in the United Indonesia Cabinet II to eliminate the problem of investment barriers in Indonesia.
Salaries under Rp2 million? No Doubt Business!
Gold Investing April 18th, 2010
WHO said salary under Rp2 million, can not do business? Capital whatever, you can begin to embank pocket your pocket.
The answer, to start a small business, not only have pegged about funding. Because, God has bestowed every person with talent respectively. This is capital that actually, so use all the talents the best.
So said the financial adviser Aidil Akbar’s Madjid, in a discussion about financial planning, in Jakarta, recently.
As all know, the cost of living in big cities such as Jakarta was quite high. Salary approximately Rp2 million may only be able to survive such as for meals, and transportation daily. If the expenditure was not able to diketatkan because it was a mediocre, then the proper way to handle it is by increasing the amount of income.
Way, can begin by utilizing a hobby. If you had a hobby of photography, may be looking for additional work with a photographer at the studio or weddings. If you love to write, use all talent to write you with a correspondent or writer in various media.
“The key, no pride and do not be afraid to start doing business. Start a business that most small and do not be afraid to keep learning, “she said financial planner who began his career in the United States since the 1994’s.
Akbar was also told, she has some sideline like motorcycles motorcycles and sells soft drinks in some of the canteen. From the sale of soft drinks it, he mentions a turnover of Rp3 million per month.
“Although only sell drinks in five cafeteria I could produce Rp15 million a month,” he says.
If a financial consultant is not ashamed to do business soft drinks and motorcycles, why we should be ashamed?
For more details, akbar reveal some tips on managing finances or regular calls with the term financial check-up, among others:
1. Debt
By reducing consumer debt and the debt of non-productive. As much as possible the debt is only 30 percentage of primary income regularly.
But for the already married? Primary income is not a merger of the income couples. Prioritizing the husband’s income for the main income, because women tend to have conditions that cause had to stop working suddenly, such as pregnancy, delivery, and so on. But if the husband’s income is not enough, can be combined with the income my wife. And if there is remaining funds, excess funds remaining could be used as an investment.
2. Value of Property Clean (Net-Worth)
Net worth must be a positive. How to calculate, namely by reducing the amount of assets and liabilities. Assets are things we buy today if sold next few years is still very valuable, is still above 50 percent of the price of the original.
3. Flow Cash / Chronology of Funds (Cash Flow)
The flow of cash or funds must be positive. Calculated by reducing the income with expenses. If it’s negative, it should know the cause. If expenses are not be limited or stopped again, means that errors in revenue. So, try to find alternative extra income through working side. The key, no odor!
4. Emergency Fund
An emergency fund is a fund allocated individually to meet the needs of most emergency or forced.
It should be noted, an individual or a family is not allowed to invest long term before it has saved at least one to three months of saving an emergency fund.
For those who are still single and has no dependents, should at least have saved as much as three months salary. For those already married or have dependents two people, at least should have a reserve of six months salary. As for who has responsibility for more than two people must have a minimum of 12 months salary.
5. Insurance
Insurance also has major stakes, especially health insurance. If the work does not have insurance, it is recommended to buy insurance from other places. As we all know, health care is expensive. In addition to health insurance, it is also important to insure your assets. As for life insurance is not so necessary. For singles, the excess funds should be invested only. But anyone who has a family, life insurance is needed to support your child’s life and his wife later.
6. Investment
Investment funds advised separated according to the needs. For the short term (over 1 year), can beinvestasi through savings, deposits, and gold. For the medium term (one to five years), the investment could be gold.
While the long-term (less than five years), could be a way to open a business or invest in stocks, sukuk, mutual funds, and so on. Just information, investing in gold or precious metals can be applied to any term, whether short, medium, and long.
Investments in precious metals or gold-certified could be called the investment the most secure and easy. The reason, increase in value of gold could reach 15-20 percent per year, and inflation was quite stable.
For the stock to retire later Akbar explained, better start from the current budget a total income to specify as much as 30 percent to the cost of living, 30 percent to pay the mortgage or debt, and 30 percent for investment.
“The mindset (mind set) we are about money should be changed. Duit was an illusion, he will become evident when we write the numbers on paper, “he said Akbar with ease.
Terrorists attacked, India Exchange Rate Down!
Forex April 18th, 2010
MUMBAI – After the Indian stock Bombay Stock Exchange and National Stock Exchange suspended, the exchange rate rupees follow-up collapse. After the terror attacks in Mumbai, India’s economic performance down.
While trading bonds, stocks, and foreign exchange abolished, indiscriminate selling massive rupees still occur. Rupee traded at 49.880 per USD position.
Before the financial transaction is suspended, Indian stock index or the Bombay Stock Exchange Sensitive Index (Sensex) experienced a very sharp decline to 56 percent.
Therefore, investors panic and sell directly to large-scale. Sell these shares also followed by massive sales of rupees.
According to local analysts make note that the number of economic darkness India. Even darker than the shocks of global economic crisis.
“This tragedy makes foreign investors and businessmen to be worried,” said Ajay Bodke, who is also managing funds of USD872 million in the IDFC Assets Management Co., in Mumbai, India, as quoted by Bloomberg, Kamis (28/11/2008).
According to him, what is done by local investors is the reaction of the terrorist attacks. According to him, the Indian government and relevant authorities need to calm the market.
Until now, the Central Bank of India has not given its official statements. Information that can be collected only on the temporary suspension of trading of foreign exchange transactions, commodity trading, and trading bonds.
Earlier in exactly three years ago in July 2005, while share trading suspension could also be done. Similarly in 1993, after an explosion killed 70 people.
The exchange rate of rupee, the third-worst rate in Asia, due to the economic crisis after a few Asian countries currencies like the Japanese yen tumbled.
In fact, Indian Finance Minister Palaniappan Chidambaram recently said economic growth will rebound again next year.
“Indian economy will be sharply higher at 9 per cent next year from 7 percent earlier this year,” he said
Australian Economy Grew 2.7%
Economy April 18th, 2010
SYDNEY – The Australian Government yesterday announced the economic growth during 2009 reached 2.7 percent. The data confirm the continued recovery after a global economic conditions gradually improved.
Government released data better than analyst projections that forecast growth over the past year only 2.3 percent. According to the government, the growth of a country rich mineral resources is driven by the stimulus and the sale of commodities to China. Special three months until December 2009, sales of Australian commodities rose 0.9 percent, the fastest since March 2008.
Australian Finance Minister Wayne Swan said, at each quarter over the past year the State’s economy Kangaroo always record a positive result.
“Australia is an exception in the other countries devastated by the global economic crisis. During the worst crisis in 75 years we are not only growing but also very solid, “said Swan, yesterday.
Solid Australian economy is also indicated by the courage of Australia Central Bank (Reserve Bank of Australia / RBA) raised interest rates four times since October last year lalu.Terakhir, Tuesday (2 / 3), the RBA raised interest rates from 0.25 percent previously 3.75 percent to four percent. “The fact we were growing economy in 2009 while other countries fell,” he said.
In comparison, last year the economic growth of the United States (U.S.) contracted 2.4 percent, while the other developed countries such as Germany and Japan to minus five percent.
Commonwealth Bank analyst Michael Blythe said, growth in Australia to give the signal to return the economy to foster that encouraged private enterprise activity that can take advantage of the stimulus funds to USD63, 2 billion.
“Public Expenditures also grew 7.4 percent in 2009 and contributed 1.7 percent of GDP growth (Gross Domestic Product),” Blythe said.
