Archive for the ‘Business Negotiation’ Category

Stories of Investment Products

If we read the writing on the media or hear the news, so many horror stories of investment products offered by people who sometimes do not we know it. Still remember the case about 10 years ago in Qurnia Natural estate investment Kingdom or abbreviated QSAR who consume a lot of casualties? Guess, the case was repeated in investment in China is also widely claimed that in the end many victims are shut up in shame. Even up to the latest case of fraud bulging Fund at Century Bank also occur.

In addition, investments in financial products like Mutual Funds were also often reap the storm. Mutual Funds in Indonesia several times has decreased quite dramatically that in 2003, 2005, and 2008 when the global crisis yesterday, and lately in the presence of uncertainty due to the European case. Well, then there is no safe place to invest ? Should not we saved money at home alone cupboard or under the pillow?

Saving money at home is equally risky to put money in financial institutions. Risk is stolen by a man of the house, stolen the thief can cause the money we save at home is reduced or lost. How to save money in the bank? Despite the relative safety of the decline or loss of our money (because the government guarantee), but there is a risk of inflation on our savings because the savings we flowering is very small compared to the current inflation.
In Indonesia there are still many people who can not distinguish between saving money and investing. If saving money at home or in the form of savings Citibank contain the risk, let alone the name investing. One thing to always remember is that no investment has no risk at all. Due to this risk, therefore we have to do an analysis before investing to minimize his risk (not eliminate).

Pro and Cons Rupiah Redenomination

Why say “again”? Because of this fact issue that has been discussed at the beginning of 2011 but again became the talk in the last week. So actually like it or not, willing or unwilling, slowly but surely turned out to plan the Government has continued to perform Rupiah Redenomination on our beloved. This is evident with the approval of the draft Redenomination by the government in mid-March 2011 yesterday. Now we just wait to see whether the proposal would be approved by Parliament to be implemented.

In concept Redenomination is the process whereby a government, in this case Indonesia discard 000 alias three zeros behind our rupiah currency with the aim to simplify the writing, recording, and mention of future transactions, but does not reduce the value of the transaction. So if we now have the money Rp. 1,000,000, – (one million rupiahs), then after Redenomination our money would be “only” Rp. 1.000, – (one thousand dollars) the new currency. This new value of one thousand dollars will be used to buy items (transactions) whose value is equivalent to one million today.

Why? If so simple then why do so many people talk about it? And there are several groups of people who actually oppose it? This is not apart from the trauma of the past where there is never an incident when cutting the value of money (sanering) on ​​the years 1959-1966. Hyper-inflation conditions at that time that caused the government to take action sanering where the dollar value of Rp. 500 cut to Rp. 50 and Rp. Cut to $ 1.000. 100, -.

Although different types, many community members will still be unable to distinguish between the two. It is feared could cause panic. Although in practice in several other countries have done Redenomination had been a hyper-inflation in the first few years of this policy is applied. Hyper-inflation itself is often the case for many things. One of the is the effect of panic psychology of people who “do not believe it” holds its currency so that the spending / buying assets. As a result the law of supply demand occurs and commodity prices could rise. Other causes can occur because the act of businessmen / traders who may be “naughty” that went along with raising the selling price of goods / services because they think their prices are too low. Recent increase in the goods that cause hyper-inflation could have occurred because of rounding prices up if there is no small change for the new currency.

Therefore will need the cooperation of various parties so there are no parties who stole the opportunity “raise the price of” selling their wares because suddenly the price is “impressed” cheap. Example we eat steak “side of the road” for Rp. 75.000 to Rp. 100.000, – with the sudden price redenominasi so “only” USD. 75 and easily impressed, then the steak  so Rp. 150, -.  same steak was immediately increased to 100% of the price duration. Still good if only rose 100%, once wrote elevated from Rp. 75 to Rp. 750 could wrote it? This is what makes the hyper-inflation.

Hyper-inflation will then fall and subside a few years later. This will be greatly influenced by the readiness of the government in this Redenomination to socialize and conduct market operations to prevent employers and rogue traders who raise the selling price of their goods. Or if this is not done carefully could have an impact on people who think the panic is cutting money again. So consequently people will buy other currencies and gold (LM) plus hyperinflasi going to get worse. Many countries especially developing countries that have done this redenominasi. While the last country to successfully perform the Turkish Lira Redenomination her. Within the last 10 years they Redenomination their currencies and quite successful and unsuccessful.

Back to the beginning of the Government’s intentions for his redenominasi the rupiah. For the longer term this will indeed be very useful and beneficial to the people and the dignity of the Unitary State of Republic of Indonesia and our currency. However, once again the process of implementation should be done and heavily guarded. And the socialization process that must be done in the long run so that no parties who seek an advantage in this condition. So that was one of them redenominasi intended to curb inflation even have caused the prolonged hyper-inflation.

Google Became the Official Partner Bakrie Connectivity

Google so Bakrie Connectivity Partner Official Business Enters Broadband

Google so Bakrie Connectivity Partner Official Enters Broadband Business: Success started its operations in the service FWA (fixed wireless access) or fixed wireless, PT Bakrie Telecom is now aiming for more serious service BWA (broadband wireless access) or high-speed data access. Bakrie also formed a new subsidiary to it by the name PT Bakrie Connectivity (BCONNECT) which officially began operations on Wednesday (23/06/2010).

“The presence of Bakrie Connectivity will answer as well as fulfilling the desire of broadband Internet users in Indonesia. This is due to the potential of broadband Internet is extraordinary in Indonesia,” said Anindya N. Bakrie as the President Director of PT Bakrie Telecom Tbk in a press release as in the quotation from Kompas.com Online Business Expert

As a basis, Anindya Data refer to the ITU (International Telecommunication Union) which shows that in 2009 there were 30 million Internet users in Indonesia or New mencapai12, 5 percent penetration.

While the data of a research institute and an international business consultant stated there will be 234 million mobile subscribers in Indonesia, or 90 percent of the population in 2014. Of these 20 percent are projected to be 3G customers. While the contribution of mobile data revenue will grow 40 percent.

Similarly, the growth of computer distibusi growing between 25 percent to 30 percent annually. IDC data for 2009 show there are 2.5 million distibusi computer and is expected to rise to 3.5 million in 2010. Growth distribution of these computers also support the development of Internet usage in Indonesia.

To work on this wireless broadband service, Bakrie Connectivity will continue to take advantage of CDMA networks with EVDO technology (evaluation data only). Bakrie claimed value of investments in new business is prepared for 100 million U.S. dollars until the end of this year.

Do you Agree Import Cars Must Labeled Indonesian

If you agree Import Cars Must Labeled Indonesian

If you agree Import Cars Must Labeled Indonesian Language; Starting July 2010, an imported car in full or completely built up (CBU) shall use the label in Indonesian language. This applies to manual as well as a description of the car body. The provision was contained in the Minister of Trade (Permandag) Number 62/M-DAG/PER/12/2009 concerning the inclusion of Label On Goods.

CBU cars is one of the automotive sector are obliged to wear labels in Bahasa Indonesian. In addition to automotive, beleid that regulates the labeling provisions of Indonesian for non-food products, namely electronics, components (spare parts), equipment and building materials, as well as a number of other products.

“In principle, if circulating in the domestic market, then it must provide information to consumers in Indonesian language,” said Subagyo, Director General of Domestic Trade Ministry of Commerce on Monday (19 / 4).

Night Radu Sembiring, Director of Consumer Services Ministry of Commerce, added, in a guide book, CBU cars imported must inform the detail product with the Indonesian language. For example, about the use of procedures, functions, importer name, and address of the importer. “Information standards such as the address of the importer to the consumer and how its use should be there,” he said.

Enabling this policy began July 1, 2010 for CBU cars that have not circulated in the market. However, for CBU cars that have been circulating, the rule applies from 2011.

This rule also applies to other product categories affected by this rule. “For those already in circulation, there is time to replace it two years commencing discharge Permendag 62/2009,” said Subagyo.

This means, the government again postpone the implementation schedule of Indonesian labeling for products that have been circulating in the market. The government previously stated, the application of Indonesian-language labels for products that have been circulating in the market accelerated to December 2010.

Importers objection

CBU luxury car importer objected to this rule. Irmawan Poedjoadi, President Director of PT Citra Lasting Automotive (CLO), Sole Agent Pemegeng Brand (ATPM) Ferrari, Ducati, and Masserati, in Indonesia, said, very difficult for car manufacturers to impose mandatory labeling Indonesian. “Principals in objection to imposing duty overseas label the Indonesian language,” said Irmawan.Sebab, its market in Indonesia is very limited.
Related Post

first digital camera

A close up of a 2.1 MP CCD from a HP camera.

Several disappointing trips to electronics stores in my area leave me confused and camera-less. Ive never been intimidated by the salesperson, but electronics stores truly remarkable. I do not know there were so many digital cameras on the market today and have trouble even understanding what the seller’s talking about when they pitched their product! Megapixels, CF, CCD, DPI, MMCdoes anyone know what this means? Finally I decided to try my luck on the Internet, where I can at least do a search on my terms, without the seller floated, in the comfort of your own home.

I tried to major online shopping sites, but found most of them are even more numerous and confusing from the store. Ive been using the Internet for years, but I’m having trouble finding your way around these locations. Not only that, but there are even more digital cameras to choose from than in the shops! I hadnt thought possible. I need some guidance guidan ceunbiased in a language I can understand.

Finally,. After my previous experience I had my doubts about this, but decided to try it. I ordered the first time to select a product category that I’m looking for a digital camera and then to complete a short multiple choice questionnaire. I expect a questionnaire that will be boring, full of terms I wouldnt understand, but do not. It was simple, and any technical terms explained to me in everyday language. After I completed the questionnaire, the site generated product of my own personal report, which listed the best product for me based on my questionnaire answers. The report is easy to understand I could see a picture of the product, see detailed specification sheets, and compare different products. After a few minutes reading the report my product, I made a decision and with the click of a button, I bought my first digital camera.