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 [...]

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 [...]

- Head of the Department of Finance Fiscal Policy Anggito Abimanyu flushing megatakan fiscal stimulus of Rp 73.3 trillion last year proved to save Indonesia’s economy from the impact of global economic crisis. According to him, if the government does not menerapakan stimulus then in 2009 economic growth will reach only 2.9 percent. “Since we [...]

The Dow Jones closed 30 points stronger, at the trading Wednesday (25/11/2009) local time, as the drop in unemployment claims and increased incentives home sales were reported recently. However, trading volume is still low. As quoted by Reuters on Thursday (26/11/2009), economic data and including a weakening U.S. dollar triggered transactions in capital markets for [...]

Super-rich people in the United States getting poorer? Yes, based on the calculation of business magazine Forbes, the value of property in the State Uwak billionaire Sam was slumped to 300 billion U.S. dollars or in exchange Rp 10,000 to reach Rp 3.000 trillion! in just 12 months, from 1.57 trillion U.S. dollars to “live” [...]