Again and Again, Profit Taking "haunt" CSPI
Stock Exchange August 12th, 2010
Action ambitious profit (profit taking) seem to overshadow the stock market will come back this time. Nevertheless, the stock price index (CSPI) still has a chance to reach the 3000 level.
“We also saw the index is still in a bullish trend for the short term,” Panin Securities analyst Sartono to okezone Purwoko in Jakarta, Tuesday (22/06/2010).
He explained, if investors tend to profit-taking on shares of bluechips occur when the index is almost touching the 3000 level.
“We are seeing the emergence of profit-taking propensity as the index approached the level of 3000. Some of the drivers leading stock indexes seen beginning to experience pressure on sales,” he added.
He estimated the range of support-resistance today will be in 2929-2990.
Meanwhile, something similar was expressed by Trimegah Securities. Where is the weakening of the stock index is still in danger due to profit taking. “This is in line with the Stochastic which tend to cross the dead,” explained the company.
To this day, Trimegah estimate the index is expected to move in 2911-2996 range, with excellent stocks of PT Bank Central Asia Tbk (BBCA) and PT Holcim Indonesia Tbk (SMCB).
Creative Economy Reaches 8% Growth Expected
Bank August 12th, 2010
Trade Minister (The Minister) Mari Elka Pangestu, targeting, creative economic growth will reach eight percent from last year to Rp163 trillion.
According to him, a model of cooperation in the development of Indonesian Forum for the Creative is in Soekarno Hatta Airport Terminal 2, is an opportunity for Indonesia to achieve Indonesia’s counter-quality imaging products.
“It’s the first time a model of cooperation like this because it is a Public Private Partnership (PPP), we expect the airport is a major gateway to the outside world, this is one trip, if successful, we hope will be expanded, at least planning a new terminal,” said Mari in Jakarta, Monday (21/06/2010).
In some other countries, he added, the airport used as a promotional vehicle for a broad. “Our cooperation is not berhentii got here, and our hope is that many things we can kerjasamakan between government, SOEs, private companies,” he added.
Head of the National Export Development (NAFED) Hesti Beautiful Kresnarini said Indonesian Forum for the Creative is founded on a land area of 92 square meters.
At this time, he continued, there are approximately 50 SMEs that participated in these probes, which is the choice of SMEs that had escaped from the qualification process. This facility, he said, professionally managed by PT Indonesian Square Creative.
“We expect no land expansion of this ride, so we expect support from the Minister for SOEs and Angkasa Pura also BNI,” said Hesti.
Hesti explains, Indonesian Forum for the Creative is already effectively operating on 30 April 2010. “Every day is visited on average 100 people, with a range of turnover Rp7 million-Rp10 million. Obviously this is encouraging, “he said.
Alun Alun Indonesia Director of Creative Catharina Widjaja said in once a week, it is always updating products in Indonesian Forum is Creative.
“This is mostly tourist items and snacks, and we are as a manager who gives the idea that more selling in the airport. We update the product every week, because of traffic 100 visitors a day and my wants filled products continues, “said Catharina.
Catharina added, the price range of products sold varied, ie starting from Rp5.000, and more than 200 kinds of fruit
Already the government Rp22, 7 T for fuel subsidy
Finance August 12th, 2010
The government has poured funds amounting to Rp22, 7 trillion to subsidize fuel oil (BBM) until June 15, or approximately 25.6 percent.
This was conveyed by Vice Minister of Finance Anny Ratnawaty, in a press conference at the Ministry of Finance, Jalan Dr Wahidin, Jakarta, Monday (06/21/2010).
When compared to the realization years ago, that number is greatly increased due to the same period last year realization of fuel subsidies only Rp5, 8 trillion, or only 11.6 percent.
Although not explicitly mention the main cause of the increase in fuel subsidy allocation, but is expected in the year 2009 the world crude oil prices still in the range of $ 30-40 per barrel, but now oil prices have been above $ 70 a barrel.
Meanwhile, the actual electricity subsidy in the same period actually declined this year compared with same period in 2009. Currently the electricity subsidy amounted to Rp14, 1 trillion or 25.6 percent, while last year the realization of Rp16, 7 trillion, or 35.1 percent
Visit Mafia Case After Taxes
Economy August 2nd, 2010
JAKARTA – The rise of personnel at the Directorate General (Directorate General) The tax involved in a number of cases makes the Minister of Finance Agus Martowardojo chills.
However, he did not want to be hasty in taking action because it embraces the principle of presumption of innocence, but still must be firm if indeed there are strong indications in the direction of fraud.
“Government continues to uphold the presumption of innocence, but must take decisive action on the employee and the employee (who snagged the case),” said Agus Martowardojo Finance Minister in the Office of Coordinating Minister for Economic Affairs, Jalan Banteng Square, Jakarta, Monday (06/21/2010) night.
To avoid all forms of deviation in the Directorate General of Taxes, it will be more intensive in strengthening internal control systems for believing there is no similar acts of fraud that goes on.
“We provide direction related to the relationship of law enforcement to work together well. If an internal linked, Inspector General must be signed and related systems must be repaired,” he said.
Just to remind, increasingly widespread in the environmental case law mafia Ministry of Finance (Kemenkeu) seems to be making infuriated a number of officers within Kemenkeu. No doubt, if it has established cooperation with the police to see and examine the development of such a case, especially with a name called and how the mode, and its consequences on the working procedures of the Directorate General of Taxes
3 Airlines to Europe would Glide
Bank August 2nd, 2010
JAKARTA – The government believes that three Indonesian airline PT Lion Mentari Airlines (Lion Air), PT Indonesia AirAsia, and PT Metro Batavia (Batavia Air) will get permission to conduct flights to Europe this year.
Minister of Communications (Minister) Freddy Numberi explained, the three airlines would be able to conduct flights to Europe, given the previous Garuda Indonesia has received permission to do the same and had its inaugural flight to Europe, specifically Amsterdam, Netherlands on June 1st, 2010 ago.
At this time, he continued, lifting the ban for three airlines flying is still in the process of assessment. In fact, he said, some time ago, a team from the Aviation Safety Commission of the European Union (EU) came to Indonesia to discuss lifting the ban.
“There are several requirements that must be met, but we believe they can get permission,” Freddy said in Jakarta on Monday (6/21/2010).
As is known, the government has revised the proposed repeal of national prohibition airlines flying to the EU into three airlines from the 23 airlines that have completed the recertification of the flight operator (air carrier certificate / AOC).
Ministry of Transportation Directorate General of Civil Aviation (Kemenhub) Herry Bakti S Gumay revealed, the revised proposal was referred to our commitment to fulfilling the requirements of the International Civil Aviation Organization or the International Civil Aviation Organization (ICAO), particularly Annex 6 of the operational flight.
“We’ve communicated, the EU does not want if there are not in accordance with Annex 6 of the operational flight,” he explained.
According to him, the proposed repeal ban on airlines that fly to all three will be delivered in a teleconference conducted by it and the EU Commission on Aviation Safety at the end of this month.
In a teleconference, said Herry, the EU will re-evaluate the four Indonesian airlines that have been removed from the list of flight ban to Europe in the middle of last year, PT Garuda Indonesia, PT Mandala Airlines, PT Airfast Indonesia, and PT Express Transportation An-tarbenua (Premiair ).
“We evaluate it, we will propose three more airlines to be revoked from the list of EU flight ban,” he said.
Initially, he continued, Indonesia proposed four airlines to the EU with an additional PT Travira Water, but, according to Herry, the possibility of airline flights are removed from the list of proposals for a number of aircraft not fully meet the requirements of Annex 6.
Herry explain, operational requirements for airlines that have not been met Indonesian airlines, among others, is a sensor antitabrakan between aircraft or traffic alert and collision avoidance system (T-CAS), bulletproof cockpit doors (reinforce flight deck door), detector mountains and plateaus, such as the Enhanced Ground Proximity Warning System (EGPWS) and Terrain Awareness and Warning System (TAWS)
