Total Assets of USD 1000 Trillions Almost BI


Property, Bank Indonesia (BI) increased to Rp 51.68 trillion for the year 2009. This was revealed in the publication of financial statements of the BI in 2009.

The biggest contributor to the increase in central bank assets in the form of securities. By the end of 2009 then, the value of securities ownership BI reached Rp 538.37 trillion, up from the previous year which amounted to Rp 499.63 trillion. Meanwhile, the BI recorded gold reserves rose to Rp 24.35 trillion. Increased slightly from the previous year which amounted to Rp 22.23 trillion.

The asset side is also increased ownership of government securities (GS) where the value of RI at the end of 2009 already reached Rp 25.35 trillion. Postage special appeal rights has also increased drastically. In 2008, a special appeal rights BI only Rp 366.06 billion. However, the end of 2009 its value had skyrocketed up to Rp 25.87 trillion.

As for the other posts in terms of assets, such as demand deposits, time deposits, foreign currency, bills, investments, and securities purchased under resale value is decreased when compared to 2008 last year.

With these compositions, the total assets of the central bank until the end of 2009 and reached USD 915.875 billion. Increase from the previous year’s position that the value of Rp 864.191 trillion.

For the liabilities side aka obligations, carrying the central bank liabilities in the form of Bank Indonesia Certificates (SBI) reached USD 254.192 billion. Sped up from the position in 2008 to only Rp 175.342 trillion.

Liabilities also rose is a form of SBI Facility (Facility). Last year, FASBI only worth Rp 75.67 trillion. In 2009, its value soared to Rp 82.37 trillion. Total liabilities incurred by the Bank until the end of 2009 and reached Rp 822.36 trillion

The Sun Will Pay Debts Left


- PT Matahari Putra Prima Tbk plans to pay the remaining debt of 200 million U.S. dollars in August. The plan, the debt is paid in cash receipts from the sale of the Matahari Department Store with a total of Rp 5.3 trillion.

This was conveyed by the Director of PT Matahari Putra Prima Tbk. Hendra Siddin in public exposure at the Hotel Aryaduta, Friday (14/05/2010). “Regarding the purchase of CAD, we provide and the money already committed to improve profitability by reducing debt,” he said.

But for the full implementation of their own dynamics and depends pihal seller. Payment of debt in the form of USD 526 billion rupiah plan would not be paid. However, bank debt amounted to Rp 1.3 trillion has been paid away in the first quarter.

In addition, the cash proceeds from the sale Matahari Department Store will also be used for expansion and working capital of Rp 0.9 trillion and an interim dividend payment to shareholders that have been made at Rp 1 trillion.

Pascalepasnya Matahari Department Store majority share of PT Matahari Putra Prima Tbk. as of 1 April, Hendra said that the police would not expect substantial income from the MDS. Hendra said the company projected sales target acquisition amounted to Rp 8.4 trillion, which dominated from the Sun group of Food Business.

Taxation Can Disturb Market Constraints


S Imposition of tax per 1 April 2010 related to taxable business categories according to Director of Sales of LG Electronics Indonesia (LGEIN) Budi Setiawan could interfere with market growth. “We predict there is reduced demand 30 percent of the stores in June,” said Budi Health opportunity in the second Campaign Plus, on Friday (14/05/2010).

Present on the occasion LGEIN President Kim Dae Weon, researchers from the Faculty of Electrical Engineering, University of Indonesia Iwa Garniwa, and Eco-Mum LGEIN Shahnaz Haque.

Furthermore, according to Budi, retail stores in Indonesia is still dominated by traditional scales. Instead of modern retail, 85 percent of the composition of traditional retail. “The rest is modern retail,” said Budi.

As with previous information, as of 1 April this year, retailers with sales at least USD 600 million to taxpayers.

Meanwhile, associated with this campaign, the South Korean electronics company is placing at least four products are refrigerators, air conditioners, washing machines, and microwave energy. In addition, there is also a dishwasher, vacuum cleaner, and air purifier with features supporting a healthy lifestyle that is offered to consumers.

Then, said Budi, until the first quarter (Q1) 2010, Motorola had produced 160 000 refrigerators, 210 000 air cooling, and 80 000 80 000 washing machine and microwave. Of that amount, the refrigerator up to 33 per cent target.

Then, cooling air increased to 35 percent pegged. Furthermore, washing machines will rise up to 30 percent. Finally, focused microwave for up to 25 percent sold

Will Greece Sues U.S. Bank


Greek Prime Minister George Papandreou said the Greek Government is thinking to take legal steps against the American investment bank. They suspect, the U.S. investment bank action contributed to the bankruptcy of Greece.

Thus George Papandreou said in an interview with Fareed Zakaria of CNN, as reported by Bloomberg news agency on Sunday (05/16/2010).

However, neither Papandreou and Zakaria does not mention specifically the possibility of the bank’s name will be sued.

Papandreou stressed, the decision to sue will be taken after an investigation of the Greek parliament on the causes of the crisis.

“Greece will see the past, and explore how the crisis can happen,” he said.

This investigation is equivalent to investigations in other countries or in the United States.

“I do think, one of the causes of the crisis was the pressure from the financial sector, which I hear is less transparent,” said Papandreou.

Nevertheless, with heartened, Papandreou stressed that Greece had done nothing wrong.

“Please give us a chance, and we’ll prove to the world,” he said.

RI-Malaysia Find Seed Oil to Angola


Two state of the world oil producers Indonesia and Malaysia will conduct cooperation in the search or exploration of oil palm seed germplasm to Angola, Africa.

Plantation Director General Achmad Mangga Barani Agriculture Ministry in Jakarta, Sunday (05/16/2010), said the search for seed germplasm is to get good quality seeds to be developed domestically.

He said that palm oil plantations from Angola is one of the owners of high-quality oil that Indonesia and Malaysia are willing to plant germplasm exploration into the African country located in the Southwest.

“In the past year, Indonesia has conducted exploration of oil palm germplasm in Cameroon which is also located in Africa and getting 135 acc. This year we are going to explore Angola’s cooperation with Malaysia,” he said.
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