Global Finance Radio

One of the most essential parts in life is a stable financial condition. This makes people live a wonderful life without worrying the hard time facing a global crisis. People thus protect their family finance with great management which will give them neat arrangement of their finance. Great family finance management will make little salary sufficient for fulfilling all family needs. Good management of family finance will also enable make enough saving for their future urgent needs.

In addition, family usually has a special insurance that will help them to cover some essential funding for them in the future. All of a good family finance management leads the family to a secure life with good financial stable. However, there are still times when the family will need an extremely urgent need in finance. If this very occasion happens, the family will need something that is reliable and helpful for solving their trouble. One of the best solutions for such urgent financial trouble is payday loan.

Pay day loan can be the overcome of any urgent need since this short term loan will cover people’ needs rapidly. The system is awesome for helping a family with an urgent bill like the unexpected electricity bill. Even, pay day loan can support a family who need additional funding for celebrating annually occasion like birthday. Simply, pay day loan can be beneficial for supporting a good management of family finance.

Ministry of Defence (Kemhan) will design a state-defense education for prospective Indonesian migrant workers (TKI). That way, all workers thinking about martial state of consciousness while looking for food in foreign countries.

Director General of Defence Potential Budi Susilo Supandji explain current Kemhan still discussing the matter with the country’s defense-related government agencies. One of them through state-defense workshop to be held in Kemhan 2010. “The workshop was for the same perception,” said Budi, Tuesday (01/06/2010).

In addition to the TKI, education, defense of other countries through formal channels through scouting. Kemhan Kwartir will hold national and regional levels to provide education in the country behind Scouting.

Defence Minister Purnomo Yusgiantoro said, defending the country is the essential obligations as well as honor for a citizen of Indonesia. “We live in Indonesia, was born in Indonesia, grew up and later died in Indonesia,” said Purnomo.

In addition, the martial state must be a loyal citizen awareness negara.Oleh therefore, there must be continuous socialization for raising the awareness to defend the country.

This workshop involves the Ministry of Home Affairs, Bappenas, Ministry of National Education, KementerianHukum and human rights, and the Ministry of Youth and Sports.

Crude oil and condensate production until the end of May 2010 coming closer to the targets set in the Budget Amendment in 2010 amounted to 965 000 barrels per day.

Head of the Executing Agency for Upstream Oil and Gas (BP Migas), R Priyono in Jakarta, Wednesday (2 / 6), said crude oil and condensate production in 2010 until May 25 to reach 959 650 barrels per day.

“About 5350 barrels per day to achieve the target of 965 000 barrels per day,” he said.

Previously, until March 31, 2010, oil and condensate production was recorded only 954.4 thousand barrels per day.

Low oil production in early 2010 in addition to technical constraints, are also due to fears of oil contractor against the government’s plan to limit the returned operating costs (cost recovery) and also the implementation of the Environment Act.

But now the government has ensured cost recovery will not restrict the contractor, he said.

Priyono, the average production in May 2010 has exceeded the target budget amendment in 2010 which is 972 238 barrels per day. However, because production in previous months below the target, making the average production until May 2010 has not exceeded 965 000 barrels per day.

“With the continued good production trend in recent years, we are optimistic that exceed the budget target,” he said.

He said that crude oil and condensate production on May 25 listed daily 978.956 barrels per day including 141 575 barrels of condensate per day.

In fact, he continued, production could reach 984 000 barrels per day if there is no interference.

Priyono added, the average production of natural gas in 2010 reached 8855 million cubic feet per day (MMSCFD). Medium, average production in May 2010 carrying 9184 MMSCFD. For the production was recorded on May 25, 9332 MMSCFD.

Imports of capital goods, raw materials / auxiliary, and consumer goods have increased substantially during the first quarter in 2010. Than the same period the previous year, imports of capital goods increased by 46.67%, imports of raw materials / auxiliary increased by 64.36% and imports of consumption goods increased by 68.88%.

Mahendra Siregar, Deputy Minister of Trade said the increased demand for imported raw materials / supplies and capital goods are a reflection of the national industry conditions improve.

“Increased imports of goods both groups were consistent with the increasing realization of the investment in the first quarter of 2010 increased by 24.6% to reach USD 42.1 trillion,” he said in a press conference of Trade performance in 2010, the Commerce Department building, Friday (4 / 6) .

Mahendra explained, imports increased by 0.6% April 2010 if compared to the previous month. The increase was driven strengthening import all classes of goods, while raw materials / auxiliary continued to dominate the structure of imports followed by capital goods and consumer goods.

“During January-April 2010, imports of raw materials reached 72.7% of the total, while approximately 19.8% of capital goods and consumer goods of about 7.5%,” he said.

The high import content of manufacturing, according to Mahendra, a very determined performance of the sector. In addition, consumers also consider domestic competitiveness, including economic factors in finding the source of the product. In addition, he continued,

there was a shift of import origin countries, especially Japan. He gave an example, today the majority of textile machines were imported from China. It’s also because a number of capital goods manufacturers move their production bases to the country.

Head of Research and thresholded Industru (BPPI) Dedi Mulyadi said, because the contribution of rising imports fueled the growth of national industries to 2.5-fold during the first quarter of 2010. Dedi rate, this growth is remarkable considering spelled sluggish performance of the national industry in the last year.

“Growth this year was fantastic, from about 1% last year, so four% this year. We must see the positive side, the industry requires raw materials which many are not all here,” he said.

The high import, he added, could impact on foreign reserves. Structure in order to remain healthy, he said, export performance should be encouraged in order to offset the import.

Dedi was also claimed the export-oriented industries can grow higher than the national average, which is around 5%. However, it did not rule, the transfer of raw materials from domestic sources to import by a local manufacturer to hoist the rate of imports.

“Only then, should be explored in greater depth, until the five-digit HS,” he explained.

Ministry of Commerce noted, the industrial sector’s exports increased by 36.66% or U.S. $ 28.7 million During January-April 2010 compared to same period previous year.(MI)

We cannot know for sure how we will be able to reach the highest position in an organization or a company in terms of profession. However, we can start our work as the boss from the very first day for sure only in one condition. Yes, it can occur if we are the ones who own the business.

If owning a business has been your obsession for a long time, you can make the dream come true by starting your own business from the beginning or by buying it from other people. No matter what method that you use, both of them require money.

If you need some help to support the finance you can use the unsecured business lines of credit that offer the loans without collateral. Moreover, by using the line of credit you can have more management in the cash flow of the business. For the loans that you are going to use when you are planning to buy an existing business from other people, they are commonly called as business acquisition loans.

To start as an entrepreneur, the business start up loan can also be obtained from the government. Though usually the money is not straightly given by the government, its role is very important for example when being as a guarantor in small business administration.

Most of Indonesia’s import export businesses choose to do business with Chinese businessmen. That is, this time China became the main destination of international trade from Indonesia. “As many as 51 percent of the perpetrators of Indonesia’s import export businesses claim to have import-export business with China,” said Vincent Sugianto, Head of Trade and Supply Cain HSBC Indonesia in Jakarta, Tuesday (4 / 5).

The statement revealed in HSBC Trade Confidence Monitor survey that measures the level of optimism of the international traffickers conducted throughout the month. In addition, HSBC also measured the participants’ views on the growth of global trade import export business selaam next six months.

The survey was conducted to 5120 entrepreneurs in 17 countries. While in Indonesia, HSBC survey conducted on 300 entrepreneurs. The businesses surveyed have a turnover of USD 2.5 billion up to Rp 1 trillion. HSBC survey results outlined in the form of an index from 0 to 200. Figures for the highest score of 200 represents a degree of optimism, while the 100 is a neutral figure.

Apart from Chinese, Indonesian perpetrators as well as more business with Southeast Asian entrepreneurs. Based on the survey, 40 percent of Indonesian businessmen have trade ties with businessmen in Southeast Asia. As many as 25 percent of businesses still prefer the United States and Canada as the country’s main export destination. Meanwhile, other trading destinations are Western Europe outside the UK and other Asian countries.

Head of Research and Development of the Ministry of Commerce, Muchtar, reveals the importance of the spread of export destinations of Indonesia. ‘So that does not depend to a certain destination countries, “he said. So, a big economy will not be affected if there is turbulence in the main export destination market.

Data based on the Ministry of Commerce, has been movement in Indonesia’s export destination markets from traditional country to non-traditional countries. In the period from January to March 2005, exports of non oil and gas Indonesia addressed to the five major countries, namely United States, Japan, Singapore, China, and Malaysia. Share in the five major export destination countries reached 51 percent of non-oil exports. In 2010 the five main countries that share fell to 48 percent.

This shows there has been diversification of the market. The government hopes that the export share in the five main markets continued to decline up to 43-47 percent during the period 2010-2014. Meanwhile, at this time India and South Korea are also viewed as a potential market. Indonesia’s export market share in India and South Korea have increased respectively to 7 percent and 6 percent.

Indonesian Coordinating Minister for Economic Affairs noted the increase in Chinese imports of raw materials and capital after the entry into the ASEAN-China free trade began earlier this year. Later balance of exports and imports of Indonesia generally lame now been balanced.

Deputy Industry and Trade Edy Putra Irawady said the government was wary of rising Chinese imports. There are several possible causes. First, begin the entry of Chinese investment. Secondly, effective crisis management for finished goods imports in place since the end of 2008. Thirdly, many outstanding Chinese goods do not come from China.

“He went into another country, but not getting a response so that the entry into Indonesia,” he said in Jakarta last weekend. Therefore, the current government of overseeing China’s imported goods. Supervision done on expired, materials, and so forth. “We see again why many fugitives from Malaysia and Singapore,” said Edy.

Separately, Coordinating Minister for Economic Hatta Rajasa said Indonesia’s trade volume up high. So also with the import of capital goods rose 30 percent over the same period last year. This means that there will be an increase in productivity to increase production capacity and exports. “There is a strong trend, rising. This will be our advantage but also to maintain,” he said.

RIEKA RAHADIANA

During the clashes that occurred in Koja, North Jakarta Wednesday (14 / 4), causing the Koja container terminal is not operating. This causes the loss of which is rumored to reach hundreds of billions of rupiah.

Nevertheless, the Coordinating Minister for Economic Hatta Rajasa said, the bloody tragedy will not affect the import of export activities in the Port of Tanjung Priok, North Jakarta. “Indeed, we deplore the incident, let alone to eat the victim. But I got a report from the minister of transportation that exports are not disrupted, because some of the open door to go to the ship,” he told reporters.(source liputan6)

President Director of PT Bank Muamalat Indonesia Tbk, Arviyan Arifin, signed a cooperation with the Director of PT Pos Indonesia (Persero), Ketut Murjana, in Nusa Dua, Bali, on Friday (07/05/2010). Both sides agreed to enhance strategic cooperation, particularly in the field of online payment system.
The strength of networks owned post office is very strategic for banks such as Bank.
- Arviyan

One realization is the use of outlet points online payment system (SOPP) PT Pos for penjuaran service packs sharia investment service products account Muamalat, Shar-e, or contribute funds to a savings account at Bank Muamalat 4000 post offices across Indonesia.

Arviyan disclose this cooperation is the continued cooperation that was signed earlier in the year 2003. Disclosed, the customer acquisition growth in Shar-e through the post office has reached 845 265 cards with funds raised reach USD 688 billion.

“The position has been reached that means growth is about 6.87 percent since the end of 2005 ago. The strength of networks owned post office is very strategic for banks like Bank Muamalat,” said Arviyan.

While Murjana said, cooperation with banks will be augmented by PT Pos in order to improve financial service functions. In addition to the Bank Muamalat, such cooperation also conducted among others by Bank Mandiri and Bank BNI.

Pertamina EP Oil Field Production Bunyu East Kalimantan increased four times from April 2010 an average of 1400 barrels of oil per day (BOPD) to 6.4 thousand BOPD in early May. Results obtained in the field was part of the optimization strategy of the company’s production.

According to the Operations Director of Pertamina EP Good Sudaryanto, Friday (5/7/2010), in Jakarta, adding the success of this production increase Pertamina EP record of success in developing its oil fields to continue to contribute positively in meeting production targets.

Previously, Pertamina EP increase oil production Sanga-sanga Field, Tarakan, East Kalimantan, from 4300 BOPD in 2008 to be an average of 5. 300 BOPD in 2009, and the successful development Lemons Field of South Sumatra with an average production of 6000 BOPD in 2007 increased to 12,000 BOPD in 2009.

Good explained, the results obtained in the field Bunyu production optimization strategy is part of Pertamina EP. Production optimization strategies that include the acceleration of the drilling on the focus areas, carrying out operations with Zero Discharge Water Management, increases the frequency for the treatment of the production pipeline, changing the way the appointment of oil, increase the reactivation of old wells at existing fields, optimization and replacement of production facilities.

Pertamina EP optimistic able to achieve the 2010 target of 128 thousand BOPD despite facing problems of a large natural production decline that is 18 percent per year. Average production in January 2010 reached 130 310 BOPD and for February are also on the target that is 131 535 BOPD.

In March 2010 the average production declined on average to be 127 225 BOPD and April 2010 are also below the target level ie 125 664 BOPD. This is due to have routine maintenance activities so that the production slightly below average. Production of oil production to Pertamina EP today so it is expected to reach 133 700 BOPD average production rate in May 2010 may exceed the target average.

During 2009, Pertamina EP, producing 46.4 million barrels of oil and found 60 million barrels of oil, which means finding Pertamina EP exceeds the amount of oil produced. This is expected to ensure that production growth Pertamina EP aggressive exploration efforts need to be done. “The acceleration of this program as a strategic effort to increase oil and gas reserves to support production growth,” said Public Relations Manager Mohamad Harun Pertamina EP.