“I do not easily set about Cashback,” he said on the sidelines of the launch of PT Indonesia Infrastructure Assurance Office at the Ministry of Finance, Tuesday (05/11/2010).

Firdaus said the LPS itself does not set the rules of gift-giving because it can distort the interest rate guarantee.

Firdaus said the DIA and all parties involved, such as BI and industry must be careful. Although the guarantee is in the hands of LPS, it is also necessary that a clear categorization of related species, so the consequences could Cashback translated.

“If we pay that goes beyond the provisions, if there is a problem bank enggak yes we pay,” he said.

However, this provision is a new form of appeal to the bank, not a rule because, according to Eden, Cashback is seasonal. The reason the bank gave Cashback for growing third party funds would be given permission by LPS. But if not, certainly will not be given. “If you let people interested in saving money in his bank he, ya can with rising interest rates. If baseball rise (interest rates), you are given a gift,” he said.

“Do not know yet, but inflationary pressure will be greater than previous months. The harvest was ending, commodity prices began to rise. It is bigger than yesterday, but how much do not know,” he said.

Higher commodity prices are also usually go hand in hand with improvements in the global economy. However, it still must be aware of. “And if we import a lot of material like that can be imported inflation. As you know that the content of Indonesian products imported content is still high. Even still high raw material imports. That is so the pressure on inflation. Therefore we must be aware of,” he adds .

Meanwhile, Hartadi said there was no change in the inflation target set by BI. Monetary policy is still the same and the central bank does not have priority for improvement

In the current account surplus reached 2.53 trillion yen (27.2 billion dollars) increased by 999.6 billion yen from a year ago.

Exports increased 45.4 percent to 5.71 trillion yen while imports climbed 22 percent to 4.63 trillion yen.

Historically, Japan’s large trade surplus in the balance goes by, due to stronger exports automobiles, electronic goods and other items.

The global economic crisis in 2008 until 2009 resulted in the Japanese economy, which remains haunted by deflation and weakening domestic demand.

Strong Asian demand, however in recent years has helped Japan’s economic recovery process.

Harvard Business Review (HBR) has just released the 100 Chief Executive Officer (CEO) best in the world. Among the 10 best CEO’s huge, seven of which came from the United States (U.S.).

In the first sequence, Apple Inc. CEO Steve Jobs was named to be the best set aside the bosses other elite companies. In the second ranking elected CEO of Samsung Electronics Yun Jong-yong, followed by the CEO of Russian gas company Gazprom Alexey Miller B, and fourth in Cisco Systems CEO John T Chambers.

In the survey, an average of 100 incoming CEO of 52-year-old and held the number one man in each company at least six other Asian tahun.CEO which occupies 10 of the world’s best CEO is Mukesh D Ambani, chairman of Reliance Industries, which is in fifth.

“These CEOs are judged by their contribution over the long-term results. On average, from 50 CEOs to give results to the company by 32 percent per year,” says HBR. HBR adds, the CEO was considered successful to reduce the ill effects of the industry with annual returns of 30 percent.

In absolute terms, the top 50 CEOs can increase shareholder wealth on average $ 48, 2 billion. Uniquely again, in the HBR survey, education or skill level is not correlated with academic achievement in business. Harvard pointed out, the best CEOs of five large, three of Steve Jobs CEO, Jong-Yong Yun, and Alexey Miller does not have an academic degree in business areas such as MBA (master business administration).

Only Ambani and a MBA Chambers. The survey also states that the CEO’s performance from the company’s internal circles have a better potential to develop the company. CEO”that promoted from within the company tend to have stronger performance than those brought from outside, “says HBR.

The incoming CEO of the best lists are those that lead the company during the period 1996 – 2008 and is considered a positive contribution to the company. No wonder if the Big 10′s best CEOs no one comes from China. H

This is because, the position of China companies to expand post-2007 even after the crisis occurred in late 2008. Period of time that is what caused the CEO other top CEOs such as Bill Gates (Microsoft) Jack Welch (General Electric), Warren Buffett (Berkshire Hathaway’s), and Larry Ellison (Oracle) is not the best list.

The election of Steve Jobs in the top of the best CEO of Harvard version is not too surprising. Devices, telecommunication devices that created the company received a good reception from the market.

Call it as an innovative Macintosh computers and cell phones the iPhone, and iPod music player is revolutionary. Meanwhile, Samsung CEO Yun Jong-yon have been regarded as making an important decision on the period from 1996 to 2008.

During this period Yun successfully bring Samsung make flat-screen television influence, the largest mobile phone manufacturer in the world’s number two producer and storage media (memory chip) the largest. Yun, who resigned last year also received an award as “Asian Businessman of the Year 2000″ by Fortune magazine’s “Asia Business Leaders Award 2002″ from CNBC and the “Top 25 Managers of the Year 2003″ by Business Week magazine.

“We measure performance based on rigorous standards, goals, realities and changes in shareholders’ market value,” says HBR in his report. Other CEOs, including 10 large is John C Martin (Gilead Sciences), Jeffrey P Bezos (Amazon. com), Margaret C Whitman (eBay), Eric E Schmidt (Google), and Hugh Grant (Monsanto)

His appearance does not indicate that he is a young professional or investor great. More posing as a college student, but the value of his property to reach 5 million yuan (USD732.500 or Rp7, 1 billion).

He is Ma Wenya (21). When he graduated from college later, Ma does not need to bother to find a job. Until now, Ma is still a student at the Communication University of China (CUC) Beijing majoring in media market analysis. This year is his last year in college.

In between lectures, Ma has a football exploits in the business world. He played in the stock exchange. Bespectacled man had also contributed to the property business. Rapid movement style was applied to collect profit coffers. Fate side quickly to Ma that 5 million yuan can be achieved before he got a college degree.

“I moved with my parents to Shanghai from Henan in 2002. Well, like most others, I see that Shanghai is a place where wealth is located. I saw that many rich people with money and cars,” he said as quoted by the Global Times .

“At that time, I also dreamed that someday I would become one of the rich in Shanghai,” said Ma.

Ma said, it all starts with a dream to become rich. That is the spirit to thrive and flourish. In the dream, all people will unite the intentions and actions to achieve goals without regard to existing risks in front of my eyes. Starting from Ma’s dream venture investing money in 2003.

At that time, Ma 15-year-old. Money worth 20,000 yuan (Rp28 million) was collected from his brothers angpao during New Year celebrations. Ma tried to persuade her parents to let him invest the money to buy a villa in Minhang District, Shanghai. At that time, the price per square meter reached 4000 yuan.

After investing, Ma did not stop there. He always monitor the investment. He was always reading the local financial news to find out the latest issues and rumors to flourish. When his friends were still busy playing and fell in love at first sight, Ma just fun to monitor the development of his villa investment.

Ma believed that the villa would be profitable. Why? At that time, Ma thinks that his villa location is very strategic and Western architectural style that was popular. “The villa was really my taste. My parents also agreed to approve it I bought the villa and contribute to the payment,” he said.

Without an understanding of financial and property businesses, Ma parents were advised to sell the villa, one year after purchase. Well, the value per square meter villa reached 8000 yuan or more than double the time of purchase. Finally, Ma also get a 80,000 yuan worth of profits from investments.

“I am very pleased with the first profits achieved. I also think it important to live independently,” said Ma.

With that advantage, Ma continued to study and learn the next investment opportunity. In between routine activities at school, Ma saw an opportunity to re-invest in the property world.

“I invested in 10 property projects in Shanghai within three years. They make a profit, there’s no losers. By the time I was in high school, the property business is still running normally,” said Ma.

When he graduated high school, Mom had already collected 500,000 yuan worth of wealth. Ma achievement in high school classified as mediocre. Nothing outstanding. Mother argued that even more time to study economics and finance so that the values of his class often drooping. However, Ma said, it is a risk of a choice to play the world’s property.

As a result, test scores to enter university Ma lowest in its class. Ma also choose courses in the CUC in 2006. He majored in media market research because it gives a lot of free time for him to focus on the investment. That said, Ma is more focused on investment compared to college. For him, college is still important as stock, investing is all for the future. Sometimes excessive confidence also provide a very valuable lesson. It also suffered Ma. As the first year in college, Ma change the pattern of business investment into the property market.

Unlike the first experience of property investment profits, the first experience of investing in the stock market experienced very substantial losses. “Actually I have started investing in the market had since high school. However, when it was just for fun,” said Ma was quoted as saying by Xinhua.

Only when in college, he wanted to focus on capital market investment. At the end of 2007, Ma just 200,000 yuan loss from 500,000 yuan in total investment. However, the potential losses that did not last long. With this experience, Ma was cautious in formulating investment in capital markets.

“Value stocks I started creeping up. I’m feeling on top of his head and has a vast experience in the investment world,” he said.

There was no hero who won the 100% field of battle. After several defeats in the capital markets business, Ma chose to rest a moment while waiting for a chance to return to the stage of investment. In this year, Ma chose to invest in the world back to the property. She saw a lucrative opportunity in the Xianghe, Hebei Provinces, China. He had bought two villas from an investor.

“At that time, I only have 500,000 yuan of money and certainly can not invest in Beijing,” he said.

Ups and downs in the investment made by Ma made him more steadfast and courageous in stepping. A very high risk in the financial business do not make eye Ma kept closed and stopped to jump higher.

Besides having a strong business sense, Ma also rely on natural talents as a capital to find out how to get the benefits

Margot Fraser (80) could not imagine his business longevity. Birkenstock USA, the shoe company he started in 1966, has been transformed into a large company with assets of $ 50 million.

With the rapid development that can be achieved, a company based in Novato, California, United States (U.S.) is now able to sell to large retailers. Not only that, Birkenstock also penetrated healthy food business.

Fraser started from an accident. One time, she visited a spa owned by German citizens. When trying on shoes in there, she felt comfortable wearing these shoes and could even return the form toes. On his return from there, tebersitlah intention to join the shoe market.

“During the war, we never have good shoes. But in a German spa I felt comfortable when wearing it. I then tried to write to the owner if she could come to market in America.”

Tit for tat. Apparently the owner of Birkenstock Germany gave an opportunity to market it in the U.S.. At the beginning it was difficult to market it. He struggled to go from one exhibition to another exhibition and initially very few U.S. citizens who want to buy its products.

However, Fraser effort to convince the prospective customer never extinguished. Every chance, he tried to give knowledge about the product dipasarkannya. One by one U.S. citizen, especially women, had wanted to use the product. In the late 1970s-1980s, Fraser admitted even able to increase its product sales doubled every year.

As a business, business travel Fraser has also been on the verge of collapse, especially when the customer feels that the product being offered starting date. However, through various breakthroughs, Fraser continued to defend the company so that they can survive until now. Breakthroughs are made in between color and trend-following model that was favored Americans. Fraser feels, tastes market between the U.S. and German citizens are not the same. He is also working to provide products that fit the U.S. market, but still provide comfort typical Birkenstock, Germany.

“I did talk with the owner of Birkenstock in Germany. I have discussed the market appetite for our products continues to exist. Apparently they receive so that I could design a shoe line with the market here,” said Fraser.

Fraser figures so that they can become successful entrepreneurs do not get out of childhood experiences and the encouragement and the example of his parents. Fraser’s parents used to be involved in the field of entrepreneurship. Fraser’s father was known as the broker of agricultural products.

“I’m just a little boy in Berlin when Hitler came to power. My father was a broker of agricultural products. My parents have a different view of the ruling regime and told me not to tell anybody really confidence that we have. Since that time the situation is very dangerous, “said Fraser.

Despite living in the days of Hitler’s power, Fraser still get an adequate education provision. This educational provision which also helped drive the success of Fraser as now.

“When I was 14 years old, I learned to make clothes at school,” he said.

Knowledge to make clothes proved beneficial for Fraser, especially when her father decided to leave Berlin to Bremen, six months before the war was over. In his new residence, Fraser makes clothes for the farmer’s wife in which he and his father lived. The clothes are exchanged for eggs and butter. After the war, Fraser and then continue their education in the field of clothes design in Canada. Actually Fraser wants to United States (U.S.), but because the possibility is difficult to get U.S. citizenship, he decided to Canada.

“I read the newspapers that the President of the German Club in Toronto was a business suit. I wrote to him and he gave an answer that I could stay with him four months,” said Fraser.

In Canada, Fraser lives in a dynamic way. He got a lot of supplies and business lessons. His ability to design clothes became more developed. It could not be separated from his acquaintance with an entrepreneur who dress finally decided to hire him.

Pengembaran Fraser in achieving titiknya field while accompanying her husband who is a importer from San Francisco to Germany in 1966 where he became acquainted with Birkenstock products. Now Fraser has served as CEO and for women her age, she felt Birkenstocks are the most appropriate product

PT First State Investments Indonesia plans to issue new equity funds this month to strengthen the investment management services and mutual fund products that investment managers.

Managing Director of First State Kusumonegoro Legowo said the move was related to reaching the target fund First State managed to Rp3, 5 trillion this year.

“First State has effectively pocketed the statement from the capital market authority in December 2009,” kataya today.

Director of First State Putut Andanawarih Endro said it considered the potential equity funds this year to grow in that before February 2010 First state to introduce new products that mutual funds.

“In addition, it is also possible we published based mutual funds and fixed income markets this year,” said Putut.

Currently, First State has 10,000 investors, in which institutional investors to reach investors and the remaining 500 retail investors. First State is part of Colonial First State Global Asset Management, the investment management division of The Commonwealth Bank of Australia.

Legowo added that group to sign investment principles associated with the UN Environmental Program Finance Iniative and the Global Compact or better known as the Principles for Responsible Investment in 2007.

“In connection with the signing of that, we as an investment manager for the investor to do our weighting denganmemasukkan environmental factors, social and corporate governance that. Step we aimed for the long-term interests.”

“Since we rolled the fiscal stimulus of economic growth reached 4.3 percent. Try if not without the stimulus, the economy grew just 2.9 percent. If the House does not agree that the economic stimulus could be worse,” said Anggito, during a hearing with Commission XI DPR, Jakarta, Monday (1/2/2010).

He explains, a new application of this stimulus was the impact in the fourth quarter. Providing stimulus for the most was the impact of infrastructure is spending stimulus. “Unfortunately, the impact occurred in the fourth quarter, when the crisis at the time of the first and second quarter. The greatest impact is, in terms of shopping but its effectiveness is a tax break because he was directly applicable,” he explained.

In perjalananya, the implementation of fiscal stimulus is not very desirable. Absorption of infrastructure stimulus is still halting.

As quoted by Reuters on Thursday (26/11/2009), economic data and including a weakening U.S. dollar triggered transactions in capital markets for some investors. Government of the United States (U.S.) said the number of claims for unemployment insurance decreased 35 thousand to 466 thousand in the last week. This figure is the lowest since September last year and better than economists’ expectations of 500 thousand.

While the average number of unemployment reached 10.2 percent in October and analysts predict, that number will continue to improve. Meanwhile, other economic data is the new home sales rose 6.2 percent to 430 thousand for the annual average. Again, these numbers are better than analysts predicted.

Positive sentiment brought the Dow Jones index gained 30.69 points, or 0.3 percent, to equal 10,464.4. Meanwhile, the S & P 500 rose 4.98 points, or 0.5 percent, to equal 1110.63 and the Nasdaq index rose 6.87 points, or 0.3 percent to the equivalent level of 2176.05.

Decline in the wealth of the millionaires Forbes 400 list is because unpredictable stock market and real estate prices, as well as divorce and cheating (fraud). That makes the position of slide 314 members and 32 billionaire thrown from the list.

The second richest man in America, owner of Berkshire Hathaway, Warren Buffett, the billionaire who suffer most, she lost 10 billion dollars because of Berkshire Hathaway stock plummeted 12 percent in the 12-month period. Wealth is currently worth 49 billion U.S. dollars.

Meanwhile, top list of 400 richest people in the U.S. after 16 years in a row is the founder of Microsoft, Bill Gates, who have lost up to 7 billion dollars in one year due to falling stock prices of companies that founded them.

The billionaire who entered the top 10 Forbes 400 list of options is the founder of Oracle, Larry Ellison, with the rest of the wealth “live” 27 billion dollars. He ranked third.

Then, the heirs of Wal-Mart consecutive fourth place to seventh, namely Christy Walton (21.5 billion U.S. dollars), Jim C Walton (19.6 billion U.S. dollars), Alice Walton (19.3 billion U.S. dollars) , and S Robson Walton (19 billion U.S. dollars).

Media magnate who is also mayor of New York City, Michael Bloomberg, ranks eighth (17.5 billion U.S. dollars). The next position is filled energy entrepreneur duo, Charles and David Koch, who each have 16 billion U.S. dollars.

Total, ten U.S. millionaires was losing U.S. $ 39.2 billion or 14 per cent decline from the number a year ago.

But make no mistake, despite their wealth sag, the billionaire was still able to “buy” a country. For example Bill Gates. Wealth which reached 50 billion dollars higher than the gross domestic product in 140 countries of this world, including Costa Rica, El Salvador, Bolivia, and Uruguay.