Mercer conducted a survey every year the most expensive cities for expatriates are aimed at assisting companies in determining the amount of compensation for professional employees. In the survey, research firm that stood since 1975 that compared the 200 items of expenditure at 214 cities in the world with reference to the cost of living New York City, United States (U.S.). The factors are calculated including rent, food prices, and transportation.
This year the city of Tokyo to shift the position of Luanda, the capital of Angola, which topped the previous year as the most expensive cities in the world. In the third to fifth most expensive city is Osaka, Moscow, and Geneva. BeritaAFPmelaporkan office, interesting facts from this year's survey is the decline in Mercer ranked cities in Europe that have traditionally dominated the top 10.
The cause, according to Mercer, is a debt crisis that hit the euro zone and the surrounding areas. For example, Paris in 2012, this fell to 37 from earlier in the 10th position. In addition, the city of Rome also slipped to 42, compared to last year at the 8th position. While the Greek capital, Athens, now ranked 77th, from the previous sequence-24. Another famous city is experiencing a drastic decline is London. The British capital fell from position 18 to number 25.
Survey research firm Mercer released yesterday said the Japanese capital's beating other major cities in the world, including Europe's crisis.
In the survey, Mercer also noted the cheapest city for expatriates living namely Karachi, Pakistan. According to the agency, the cost of living in Karachi even three times more expensive than Tokyo. Meanwhile, Jakarta was ranked the 61 most expensive cities in the world, up six stairs over the previous year.
"There are surprises in which there is a big leap experienced Adelaide, Australia, which rose 19 places to order from the previous 27 to No. 46 in the list of cities termahal.Kenaikan rise was fueled Australian dollar in the last year," Mercer said in his official website yesterday.
In addition, a huge leap in the two cities also experienced the Auckland New Zealand (56) and Wellington (74) is up 62 ranks from the previous year. According to Nathalie Constantin-Métral, Principal Mercer, skyrocketing number two city in New Zealand was due to rising accommodation costs and strong demand for New Zealand dollars. "In the two cities is very high demand for accommodation, while the supply is limited," he said.
INBIFI
Indonesia Business & Finance
Tuesday, June 12, 2012
Government of Indonesia Frees Machinery Import Duty and Goods for Industrial development
Jakarta-Indonesia, Exemption of import duty is ditetapkaan in Ministry of Finance (PMK) No. 76/MK.011/2012, according to the Ministry of Finance a written press statement on Tuesday. FMD is a change in FMD 176/PMK.011/2009 numbers.
Exemption from import duty, will provide stimulation for motor vehicle parts industry for product development especially cheap and environmentally friendly cars.
This regulation will also increase the potential for misuse of supervisory duties through the settings on the machine and the transfer of goods and materials, reporting obligations and the realization of the import monitoring mechanism for the goods.
Import duty free up government machinery and goods for industrial development, in order to support increased investment and the program of national motor vehicle industry.
This regulation, also will provide legal certainty for companies that have obtained the import duty exemption facility, but not realizing the whole importation of goods and materials within four years.
PMK was published on May 22, 2012 and shall come into force after 30 days from the date of promulgation.
Appropriate new PMK, a company that has not realizing importansi in four years because of the provisions of the commercial import of import quotas, can be given an extension period of imports for one year.
Exemption from import duty, will provide stimulation for motor vehicle parts industry for product development especially cheap and environmentally friendly cars.
This regulation will also increase the potential for misuse of supervisory duties through the settings on the machine and the transfer of goods and materials, reporting obligations and the realization of the import monitoring mechanism for the goods.
Import duty free up government machinery and goods for industrial development, in order to support increased investment and the program of national motor vehicle industry.
This regulation, also will provide legal certainty for companies that have obtained the import duty exemption facility, but not realizing the whole importation of goods and materials within four years.
PMK was published on May 22, 2012 and shall come into force after 30 days from the date of promulgation.
Appropriate new PMK, a company that has not realizing importansi in four years because of the provisions of the commercial import of import quotas, can be given an extension period of imports for one year.
Firdaus: Cost of Banking Fund Still High
Jakarta-Indonesia, Firdaus It was raised in fit and proper test in the House of Representatives Commission XI, Jakarta, Tuesday (12/06/2012). "There is still the dominant source of funds in the banks are basically expensive due to the mindset of the people of Indonesia who still consider bank deposits as the main alternative investments," said Firdaus.
Prospective members of the Board of Comlissioners the Financial Services Authority Member of the Board of Commissioners as well as LPS, Firdaus Djaelani, Indonesia believes people still prefer their funds in bank deposits as an investment.
He explained that the funding structure of the financing banks still rely on third-party funds of funds, especially expensive. Expensive funds sourced from deposits still dominates with 45.44 percent of the composition of third-party funds (DPK).
Alternative investments, it is clear Firdaus, can through the capital markets and IKNB (Non-Bank Financial Industry). "With the way the composition of bank funding will be shifted more toward the dominant current account and savings that its cost of funds less expensive," he concluded.
Large share of deposits in deposits, he said, led to the high cost of funds so that banks and regulators hinder government efforts to suppress the lending rates. "This is what the Government would need to be clarified by encouraging investment alternatives are more attractive to the public and their safety," he continued.
Prospective members of the Board of Comlissioners the Financial Services Authority Member of the Board of Commissioners as well as LPS, Firdaus Djaelani, Indonesia believes people still prefer their funds in bank deposits as an investment.
He explained that the funding structure of the financing banks still rely on third-party funds of funds, especially expensive. Expensive funds sourced from deposits still dominates with 45.44 percent of the composition of third-party funds (DPK).
Alternative investments, it is clear Firdaus, can through the capital markets and IKNB (Non-Bank Financial Industry). "With the way the composition of bank funding will be shifted more toward the dominant current account and savings that its cost of funds less expensive," he concluded.
Large share of deposits in deposits, he said, led to the high cost of funds so that banks and regulators hinder government efforts to suppress the lending rates. "This is what the Government would need to be clarified by encouraging investment alternatives are more attractive to the public and their safety," he continued.
Sunday, June 10, 2012
Indonesian Government Beware The Impact of Crisis in Europe
Jakarta-Indonesia, the Minister of Finance (Finance Minister) Agus Martowardojo said, of all the effects that make it to Indonesia, the most feared is the lack of attention and support of financial institutions of the Asia region. "Many financial institutions have a portfolio in Europe and they need to consolidate, conduct banking restructuring. Maybe (it) could reduce their role in the world, including in Asia, "said Agus in the Parliament Building, Jakarta, yesterday.
Potential reduction in the attention of financial institutions that make Agus Marto called on all parties to prepare themselves to face the crisis. Indonesia should be able to overcome the crisis turmoil that began to emerge, particularly with regard to the money market. For the record, the deteriorating crisis in Europe also affected the movement of the exchange rate and stock index in the Indonesia Stock Exchange (BEI). Last week, for example, the rupiah weakened sharply enough to reach the level Rp9.550 per U.S. dollar (U.S.).
European governments wary of the impact of the crisis on the economy of Indonesia. Impact of the crisis could get to Indonesia through trade, financial or investor confidence.
"We must keep the condition as it did two weeks of this, namely the existence of flare-ups that will be no impact on financial markets and later to the capital markets," he added. Furthermore, Agus explained Indonesia has had a number of devices to ward off a crisis that impacts are not expected to be too large. The device is a crisis management protocol, a healthy debt ratio, a strong domestic economy, as well as sound fiscal policy. Former Managing Director of Bank Mandiri is revealed, the European crisis could also affect the trade.
However, because Indonesia is not very dependent on the export so that the effect is not too large. About the weakening rupiah, Agus Marto rupiah would be difficult to see return to previous position within dekat.Namun, the weakening rupiah should be opportunities to increase exports so that starting April trade balance deficit could be slightly reduced. For the record, the trade balance recorded a deficit in April 2012 for USD641, 1 million.
The deficit is caused not berimbangnya between the rate of exports and imports. Central Bureau of Statistics (BPS) showed the value of exports in April 2012 reached USD15, 98 billion, while imports melampauiUSD16, 62 billion. "The weakened yen is good to keep our exporters remain competitive and have a desire to reduce the import of goods that are not priorities," he said.
Special meeting involving the United States (U.S.), Japan, Germany, France, Britain, Italy, and Canada on Tuesday (5/6) the time Washington was mentioned before the talks will set the framework of the G-20 summit to be held in Mexico last week third of this month. Yesterday, the majority of positive moves Asian stocks led the Nikkei closed up 1.04% to a level of 8382 points.
This is a pretty good rebound after the previous day dropped to its lowest level in 28 years. In China, Hang Seng index also rose 0.4%, Kospi (Seoul, South Korea) rose 1.05% and Straits Times gained 0.5%.
Acting (Acting) Head of the Fiscal Policy Office (BKF) Ministry of Finance Bambang PS Brodjonegoro warned that the trade balance began harmful to the balance of payments deficit. It also can not predict when the export slowdown is over. "If you can not quickly recover balance, current account deficits could," he said. Meanwhile, after trading sharply lower on Monday (4/6), stock index trading yesterday on the successful U-turn toward positive territory. Jakarta Composite Index rose 63.29 points, or 1.73% and closed at 3717.876.
PT Panin Securities analyst Purwoko Sartono said, pushed the stock composite index rose because the area is also engaged in the green zone. JCI also supported the motion investors buying stocks following conditions which have had excellent phase oversold. Asian stocks rebounded yesterday on hopes ahead of the policy makers of the seven industrialized nations (G-7) to reduce the European crisis.
Potential reduction in the attention of financial institutions that make Agus Marto called on all parties to prepare themselves to face the crisis. Indonesia should be able to overcome the crisis turmoil that began to emerge, particularly with regard to the money market. For the record, the deteriorating crisis in Europe also affected the movement of the exchange rate and stock index in the Indonesia Stock Exchange (BEI). Last week, for example, the rupiah weakened sharply enough to reach the level Rp9.550 per U.S. dollar (U.S.).
European governments wary of the impact of the crisis on the economy of Indonesia. Impact of the crisis could get to Indonesia through trade, financial or investor confidence.
"We must keep the condition as it did two weeks of this, namely the existence of flare-ups that will be no impact on financial markets and later to the capital markets," he added. Furthermore, Agus explained Indonesia has had a number of devices to ward off a crisis that impacts are not expected to be too large. The device is a crisis management protocol, a healthy debt ratio, a strong domestic economy, as well as sound fiscal policy. Former Managing Director of Bank Mandiri is revealed, the European crisis could also affect the trade.
However, because Indonesia is not very dependent on the export so that the effect is not too large. About the weakening rupiah, Agus Marto rupiah would be difficult to see return to previous position within dekat.Namun, the weakening rupiah should be opportunities to increase exports so that starting April trade balance deficit could be slightly reduced. For the record, the trade balance recorded a deficit in April 2012 for USD641, 1 million.
The deficit is caused not berimbangnya between the rate of exports and imports. Central Bureau of Statistics (BPS) showed the value of exports in April 2012 reached USD15, 98 billion, while imports melampauiUSD16, 62 billion. "The weakened yen is good to keep our exporters remain competitive and have a desire to reduce the import of goods that are not priorities," he said.
Special meeting involving the United States (U.S.), Japan, Germany, France, Britain, Italy, and Canada on Tuesday (5/6) the time Washington was mentioned before the talks will set the framework of the G-20 summit to be held in Mexico last week third of this month. Yesterday, the majority of positive moves Asian stocks led the Nikkei closed up 1.04% to a level of 8382 points.
This is a pretty good rebound after the previous day dropped to its lowest level in 28 years. In China, Hang Seng index also rose 0.4%, Kospi (Seoul, South Korea) rose 1.05% and Straits Times gained 0.5%.
Acting (Acting) Head of the Fiscal Policy Office (BKF) Ministry of Finance Bambang PS Brodjonegoro warned that the trade balance began harmful to the balance of payments deficit. It also can not predict when the export slowdown is over. "If you can not quickly recover balance, current account deficits could," he said. Meanwhile, after trading sharply lower on Monday (4/6), stock index trading yesterday on the successful U-turn toward positive territory. Jakarta Composite Index rose 63.29 points, or 1.73% and closed at 3717.876.
PT Panin Securities analyst Purwoko Sartono said, pushed the stock composite index rose because the area is also engaged in the green zone. JCI also supported the motion investors buying stocks following conditions which have had excellent phase oversold. Asian stocks rebounded yesterday on hopes ahead of the policy makers of the seven industrialized nations (G-7) to reduce the European crisis.
IHSG Return to 3800 Level
Jakarta-Indonesia, while the LQ45 index jumped 24.181 points, or 3.84 percent to a level of 652.733. Pushed back toward the increase of local investors. Foreign investors still prefer to be careful and recorded net sales (foreign nett sell).
However, net sales record far less than previous days. This bodes well, at least in the short term. Note nett foreign investors sell today worth Rp 52.195 billion in the regular market.
Composite Stock Price Index jumped as if he was so unbearable for market participants and investors gain positive sentiment. Index also jumped 3.32 percent or 123.455 points to a level of 3841.331, Wednesday (06/06/2012) this.
The increase in the index also became the highest in the regional exchanges. The Nikkei 225 jumped 1.81 percent, while the Shanghai Composite Index declined 0.10 percent. Hang Seng Index rose 1.43 per cent and Straits Times Index raced 1.66 percent.
Signs of the index's rise has been seen since the early trading. IHSG opened 21.356 points (0.57 percent) to a level of 3739.232. All sectors rose to the highest increase achieved in various sectors of industry, which jumped about 5 percent.
However, net sales record far less than previous days. This bodes well, at least in the short term. Note nett foreign investors sell today worth Rp 52.195 billion in the regular market.
Composite Stock Price Index jumped as if he was so unbearable for market participants and investors gain positive sentiment. Index also jumped 3.32 percent or 123.455 points to a level of 3841.331, Wednesday (06/06/2012) this.
The increase in the index also became the highest in the regional exchanges. The Nikkei 225 jumped 1.81 percent, while the Shanghai Composite Index declined 0.10 percent. Hang Seng Index rose 1.43 per cent and Straits Times Index raced 1.66 percent.
Signs of the index's rise has been seen since the early trading. IHSG opened 21.356 points (0.57 percent) to a level of 3739.232. All sectors rose to the highest increase achieved in various sectors of industry, which jumped about 5 percent.
Tuesday, June 5, 2012
Bapepam-LK "IHSG Movement Still Mormal"
Indonesia-Jakarta, "The condition of CMP (Crisis Management Protocol) in the capital market under normal conditions, although they had seen in more detail the existing threshold," said Nurhaida here on Tuesday.
"We wait for further developments, we are in line with the global market. Day yesterday, all indices closed in the red. T`lk to one of us fall quite a lot, but the reference price rises than other countries," he said.
Chairman of Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK), Nurhaida rate, movement of stock price index (CSPI) Indonesia Stock Exchange (BEI) is still in normal condition.
He said it continues to coordinate with BEI. "Then we also see that the threshold will be triggered and the specific steps in accordance with the standards," he said.
Meanwhile, President Director of IDX, Ito Warsito said CSPI likely fueled the weakening of global sentiment, while none of the country which can suppress the negative sentiment index IDX.
"The decline in global stock indexes have a tendency only. Yesterday red all global stock markets. However, issuers and Indonesia's economic fundamentals remain good," he said.
According to him, the decline in ISX index that occurred from May to early June, in line with movements in global stock markets.
He also asked traders not to worry because the conditions were in accordance with the nature of investing in the stock market.
"We wait for further developments, we are in line with the global market. Day yesterday, all indices closed in the red. T`lk to one of us fall quite a lot, but the reference price rises than other countries," he said.
Chairman of Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK), Nurhaida rate, movement of stock price index (CSPI) Indonesia Stock Exchange (BEI) is still in normal condition.
He said it continues to coordinate with BEI. "Then we also see that the threshold will be triggered and the specific steps in accordance with the standards," he said.
Meanwhile, President Director of IDX, Ito Warsito said CSPI likely fueled the weakening of global sentiment, while none of the country which can suppress the negative sentiment index IDX.
"The decline in global stock indexes have a tendency only. Yesterday red all global stock markets. However, issuers and Indonesia's economic fundamentals remain good," he said.
According to him, the decline in ISX index that occurred from May to early June, in line with movements in global stock markets.
He also asked traders not to worry because the conditions were in accordance with the nature of investing in the stock market.
Wednesday, May 30, 2012
Facebook Kehilangan 25% Nilai Pasar Gara-gara Harga Saham Turun
Kantor berita Reuters melaporkan, saham situs yang didirikan oleh Mark Zuckerberg itu sempat turun sebesar USD28,65, sebelum ditutup pada USD28,84 atau turun 9,6% dibanding sehari sebelumnya. Menurut koresponden teknologi BBC Rory Cellan-Jones, penurunan tidak terlepas dari debut harga saham Facebook yang memang langsung melemah.
Di bagian lain,Wall Street Journal melaporkan, penurunan saham Facebook diperkirakan karena investor khawatir masa depan situs tersebut terutama terkait rencana masuk ke pasar smartphone dan perangkat mobile lainnya guna menggenjot pendapatan. Pasalnya pasar tersebut kini sudah didominasi oleh perusahaan saingan yakni Google Inc dan Apple Inc.
“Situasi tersebut adalah perubahan yang luar biasa dari beberapa pekan terakhir, ketika penjualan saham Facebook melebihi ekspektasi,” ujar dia setempat. Sejak melantai di bursa, kapitalisasi pasar perusahaan berusia delapan tahun itu telah bertambah hingga menjadi USD104 miliar.IPO tersebut juga disebut-sebut sebagai yang terbesar kedua setelah Visa Inc.
Tetapi,merosotnya harga saham Facebook akibat pilihan perdagangan. Sementara, jejaring sosial terbesar di Rusia,VKontakte, menyatakan menunda bahwa rencana IPO karena khawatir perusahaan dapat tertimpa masalah yang sama dengan Facebook.“ IPO Facebook telah merusak keyakinan dari investor swasta terhadap situs jejaring sosial,” ungkap Chief Exe-cutive Officer VKontakte, Pavel Durov, dalam pernyataan resminya di situs microblogging Twitter.
Hanya kurang dari dua pekan setelah penawaran umum saham perdana (initial public offering/IPO), Facebook Inc kini kehilangan 25% nilai pasar atau setara dengan USD25 miliar.
Hal tersebut disebabkan anjloknya saham situs jejaring sosial terbesar di dunia itu di bawah USD29 untuk pertama kalinya pada penutupan perdagangan Selasa (29/5). Angka sebesar itu jauh di bawah harga saat IPO pada 18 Mei lalu yang dibuka sebesar USD38 per saham dan menjadikan nilai pasar perusahaan berkode FB itu menjadi USD104 miliar.
“Facebook jelas melihat pasar smartphone sehingga berusaha menjadi lebih terintegrasi secara vertikal dengan penggunanya.Mereka hanya tidak ingin aplikasi seperti itu menjadi milik Google atau Apple,”papar Chairman Jacob Internet Fund,Ryan Jacob. Dia menambahkan, spekulasi bahwa Facebook tengah berkecimpung di luar keahlian utamanya telah mengganggu beberapa investor.
Di bagian lain,Wall Street Journal melaporkan, penurunan saham Facebook diperkirakan karena investor khawatir masa depan situs tersebut terutama terkait rencana masuk ke pasar smartphone dan perangkat mobile lainnya guna menggenjot pendapatan. Pasalnya pasar tersebut kini sudah didominasi oleh perusahaan saingan yakni Google Inc dan Apple Inc.
“Situasi tersebut adalah perubahan yang luar biasa dari beberapa pekan terakhir, ketika penjualan saham Facebook melebihi ekspektasi,” ujar dia setempat. Sejak melantai di bursa, kapitalisasi pasar perusahaan berusia delapan tahun itu telah bertambah hingga menjadi USD104 miliar.IPO tersebut juga disebut-sebut sebagai yang terbesar kedua setelah Visa Inc.
Tetapi,merosotnya harga saham Facebook akibat pilihan perdagangan. Sementara, jejaring sosial terbesar di Rusia,VKontakte, menyatakan menunda bahwa rencana IPO karena khawatir perusahaan dapat tertimpa masalah yang sama dengan Facebook.“ IPO Facebook telah merusak keyakinan dari investor swasta terhadap situs jejaring sosial,” ungkap Chief Exe-cutive Officer VKontakte, Pavel Durov, dalam pernyataan resminya di situs microblogging Twitter.
Hanya kurang dari dua pekan setelah penawaran umum saham perdana (initial public offering/IPO), Facebook Inc kini kehilangan 25% nilai pasar atau setara dengan USD25 miliar.
Hal tersebut disebabkan anjloknya saham situs jejaring sosial terbesar di dunia itu di bawah USD29 untuk pertama kalinya pada penutupan perdagangan Selasa (29/5). Angka sebesar itu jauh di bawah harga saat IPO pada 18 Mei lalu yang dibuka sebesar USD38 per saham dan menjadikan nilai pasar perusahaan berkode FB itu menjadi USD104 miliar.
“Facebook jelas melihat pasar smartphone sehingga berusaha menjadi lebih terintegrasi secara vertikal dengan penggunanya.Mereka hanya tidak ingin aplikasi seperti itu menjadi milik Google atau Apple,”papar Chairman Jacob Internet Fund,Ryan Jacob. Dia menambahkan, spekulasi bahwa Facebook tengah berkecimpung di luar keahlian utamanya telah mengganggu beberapa investor.
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