SUMMARY INFORMATION OF THIS MONTH, ECONOMY, EXCHANGE MARKET OF THE UNITED STATES TO INDONESIA

Saturday, January 30, 2010

U.S. President steps to make investors worry. Most of the investors off shares of banking and stock indexes lower on Wall Street.

Among other reforms aimed at limiting the amount of the bank. However, one of the most important step is to prevent proprietary trading. This is the nickname for the actions banks are involved directly in the market, by playing his own money in the stock market play.

Such actions on the value of U.S. banks have made big losses.
Negative situation on Wall Street also made investors in Asia do the same. Stock indexes in Asia dropped on the trading day Friday (22 / 1).
Obama's rhetoric includes the entire financial industry, but the fundamental change that will affect only the big players such as JPMorgan Chase and Co. investment bank as well as GoldmanSach Group Inc..

Obama Steps will also be made Finance Minister Timothy Geithner maintain close relationships with the financial industry as part of the improvement in the era of his government.
We must do this well. If these people want to fight, their resistance is directed against what I already have, Obama said at the White House.

We have been through a terrible crisis. Americans have paid a good price. That is why we will continue to study and eliminate what is about to make our financial system fall apart, said Obama. The speech coincided with Obama's one-year reign in Washington.

Financial companies trying to fight for Obama steps to make financial institutions trouble logging transactions in the market.
The stock market was shaken by the news. The Dow Jones fell 213 points. Dow Jones continued to fall this week. The decline has been abolished the increase in the Dow Jones in 2010.

Obama's announcement includes changes ever proposed for years by former Federal Reserve Governor Paul Volcker.
One proposal is to prohibit banking Volcker to take customer deposits to trade stocks for their own benefit.
These changes are able to separate commercial banks from investment banks. The proposal has emerged a decade ago with the emergence of Glass Steagall Act that started since the Great Depression.

The separation was not much help, said Rob Nichols, President of Financial Services Forum, an organization consisting of 18 major financial companies.
Geithner has been working with bankers since served as Minister of Finance, especially when designing a proposal to reorganize the financial rules. Many banks have responded by supporting the government's plan and offered to help behind the scenes.

Representatives from the banks usually give input on such issues and consulted. Apparently it was not done in this week, although officials said the government still respect the opinion of the bankers.
The government will also restrict a bank to not accept more than 10 percent of third-party individuals, of the total funds received from the community.
The proposal to separate commercial banks from investment banks to hit Bank of America Corp., JPMorgan Chase and Co., and Citigroup Inc.
This is a double financial institutions, which receive public funds, but also an investment bank in the money market, two potentially conflicting positions.

Meanwhile, the latest news from Indonesia is, In order to acquire some business units, this year PT Telekomunikasi Indonesia Tbk 1triliun allocates Rp. Acquisition plan was the consequence of the transformation of Telkom, which is the information-communications company into the telecommunications companies, information, media, and education-entertainment or TIME.

Day (Friday, 22 / 1) was the signing of the acquisition of a local company information services provider. Acquisition value of Rp 100 billion - Rp 150 billion, says Director of PT Telkom Rinaldi Firmansyah.
Telkom, said Rinaldi, acquiring 75 percent stake in the company. "In the future sale of Telkom not only cable or Telkomsel not only sell the network, but also sell the content. This company will be a real-life examples such as e-health (health electronic services). "
Telkom also plans to work together or build two more for the acquired company, which is in the service sector and entertainment. "We want a majority stake acquisition of the company every time," said Rinaldi.
He explained, Telkom will not acquire telecommunications companies unless it is cheap.

The focus this time is the acquisition of non-telecommunications companies to develop business networks Telkom. On the other hand, Telkom and Lapan announced synergies between the two. Telkom, for example, can take advantage of tracking and telemetry facilities owned Lapan command in Biak for satellite operations Telkom reserves. While Lapan employees will participate in training in satellite development project.
Telkom and Lapan also agreed to send seven employees to Zhelesnogorsk, Krasnoyarsky, Russia to be trained to operate the satellite.

Lapan employee engagement is made possible by one of the scope of work in the purchase contract Telkom-3 satellite, between PT Telkom and Russia Reshetnev ISS.
Minister of State Owned Enterprises (SOEs) Mustafa Abubakar support this kind of cooperation.
Mustafa Abubakar said, cooperation with the firm can cope with a shortage of funds for the development of state institutions or research staff capacity.
Rinaldi said, for training for 18 months, needed funds USD 2.7 billion for the seven employees, which consists of five employees Telkom and two experts from Lapan.

Private companies willing to be a pioneer in the development of infrastructure that has not been in touch in the government would give special treatment when bidding projects. Incentive was a preference value of the project 10 percent higher compared to other competitors when tendering of infrastructure performed.
Deputy Facilities and Infrastructure for National Development Planning Agency (Bappenas) Dedi S Priatna disclose it in Jakarta.Dedi S Priatna explained, there are three types of incentives to the private sector being pioneers.

First, the preference value of the project 10 percent higher than other bidders. "The value is 10 percent not only on project cost, but also in Destacar on the technical value of the project. In an infrastructure project tenders, technical value factor is usually given 60 percent weight, the remaining project cost ..

Second, who became a pioneer of private rights granted re-bid on tenders. For example, there are bidders who offer projects worth Rp 5 trillion and pioneering company offering Rp 5.5 trillion. Pemeritah will offer to the private sector to reduce the value of a pioneer project and direct the win.
Time given to the private sector to think again pioneer and decreases the value of one month project. If willing, we will provide an opportunity to tender again and he won.

Third, purchase a feasibility study has been made private to the government purchased pionir.Setelah, these private investors to change the status of a consultant for the feasibility study we buy.
Providing incentives to the private sector into infrastructure development initiatives are part of the revision of Presidential Regulation No. 67 of 2005 concerning Government Cooperation and Private (PPP) in Infrastructure Procurement.
This revision of the 100-day program targets Bappenas. The revision of this rule already exists in the Cabinet Secretary, waited signed by President Susilo Bambang Yudhoyono.

Previously, Bappenas offered 87 projects worth 34.139 billion U.S. dollars equivalent to Rp 375.529 trillion. Bidding is done through the PPP Book. The number of projects are offered in the PPP Book eight units worth 4.518 billion U.S. dollars. In addition, there are 18 priority projects 3.094 billion U.S. dollars and 61 potential projects for 26.527 billion U.S. dollars.

National Development Planning Minister or Head of Bappenas Armida S Alisjahbana revealed, revisions made since the existing rules on government cooperation with the private sector in infrastructure provision does not encourage the acceleration of development. "Revision is one of the breakthrough acceleration of infrastructure development, but not the only one that counts.

2 comments:

iqbal said...

pak kira2 presiden indonesia ama Mr obama itu lebih hati2 mana ya pak???dalam segi gegabah untuk bertindak secara bisnis, ekonomi ataupun hukum??

Anonymous said...

klau amerika ama indonesia itu benernya kaya mana ya????