By: Christopher Evans - Drug-Aware.com
Random drug and alcohol screening is used by many UK companies to deter the use or abuse of illegal drugs and / or alcohol by employees within the workplace. There have been a large number of case studies to demonstrate how effective random screening is in reducing accidents, absenteeism, ill health, litigation, etc, and as a result it is frequently considered to be best practice, especially in safety critical environments.
Even when a business doesn't introduce full random drug testing, they often choose to conduct testing when there is a problem - such as incident or accident based screening or "for cause" testing when there are sufficient grounds to suspect that an employee is not fit to perform their duties due to drink or illegal drugs.
How often random drug and alcohol testing should be carried out can be determined by the business based upon a number of factors. Such factors include the nature of the business, demographics of their staff or factors relating to the culture of the business – for example, a culture of lunchtime drinking.
Some companies carry out as little as 5 percent random testing (i.e. only 5% of staff are drug tested just once per year after being randomly selected), whereas other businesses may insist that every employee is screened at least once annually or more. It really depends upon the cost, certain health and safety considerations and their own drive to enforce a drug and alcohol free workplace.
Substance abuse screening in the workplace is relatively straight forward to implement and can be put into place without much expense when done correctly. Random testing of company employees can be carried out on-site for less than £10 per employee.
All a company needs to do is formulate a drug and alcohol policy - which is basically the business's views on drugs and alcohol, what is deemed acceptable, what isn't, and what are the consequences of breaking the rules - along with procedural information. Many companies have consultation with staff and union representatives to be sure that the company policy was developed with input from all concerned parties.
If companies find this process to be too time consuming or complex for your managers, we can develop your policy for you as consultants, or review your current draft policy to ensure that it is completely legally defensible and user friendly. Our years of experience really can make a significant difference to your company policy and allows you to implement it as fast as possible.
When you have a finished drug and alcohol policy, it is time to issue a copy of this to your employees along with an implementation date. As long as the start date for the policy is further away than their contractual notice period, when the start date arrives, the policy has become part of all employees' terms and conditions of employment. At this point, if it is your policy that employees undergo random drug / alcohol screening or testing in accident / incident or "for cause" situations, then failure to comply constitutes a failure to undertake a reasonable request - which may have disciplinary consequences up to and including dismissal.
Ultimately, it should be every employer’s goal to remove the substance from the individual, rather than the individual from the workplace, so assistance for those who come forward to seek it is vital.
To reinforce a drug and alcohol testing policy it is a good idea to train managers in drug and alcohol awareness so that they can spot the signs and symptoms of drug misuse and understand how to deal with the situation should it arise. The majority of our business customers choose a half day of training for their managers.
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Christopher Evans is the Technical Director of Drug-Aware Ltd, a supplier of random drug and alcohol screening test kits and drug awareness training.
Friday, December 21, 2007
Freelance Jobs: Gain Maximum from Global Demand for Talents
By: Adam Boulton
This is the age of globalization and an Information Technology enabled world. The demand for freelance jobs has increased multifold in the global market keeping the strategic needs and economy of the companies in mind. Freelance jobs are possible in a huge variety of fields like customer relationship management, data mining, marketing initiative and web-based offerings. The information technology industry and companies have deepened their roots all over the globe offering a variety of services in the fields of medical transcription, market research, data processing, banking industry, insurance companies, financial institutions, customer interaction, shares, education and so on.
The growth of the services businesses and software industry is reaching new heights and are in the ascending way. This has lead to the new generation of freelance jobs that can be done from the leisure and comfort of homes. Such home-based jobs can be found on the Internet and everyday new ones surfacing. There are many home-based jobs that are interesting and at the same time have attained online success. The person looking for freelance jobs should research the Internet and choose the one, which is suitable for him and can provide him great success. There are many online directories such as online jobs, work from home options, work at home, home business ideas, work, typing jobs from home, data entry positions online, free data entry jobs, free typing jobs at home, affiliate programs and so on.
There is no need to have any prior experience in order to get into freelance work. The person is required to have some working knowledge on the computers and the knowledge to access the Internet and get information from it. When a person does a freelance job, he is in control of his job and working hours. If the freelancer wants to earn good money, he needs to spend more time doing freelance jobs, as the earnings are directly proportional to the quantity and quality of the work done. Freelance jobs are mainly taken up by students who would like to earn an extra income or by mothers at home who had worked earlier but are not able to go for work due to the arrival of their child or by retired people who cannot commute to work daily or by handicapped people and so on.
As far as the freelance jobs are concerned, they are not different from the ones done in the office premises. Freelance jobs are done in order to earn money. It makes the dream of becoming an entrepreneur as all the profits earned through freelance jobs are kept by the freelancer himself. Many women are doing freelance jobs and are committed to the work done from home and for making this decision they also enjoy many rewards. Work done from home too are not void of any struggles as they may be in the form of disturbances like attending the phone, answering the persons at the door, taking care of the kinds at home during work, carrying out the household chores and so on.
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Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
This is the age of globalization and an Information Technology enabled world. The demand for freelance jobs has increased multifold in the global market keeping the strategic needs and economy of the companies in mind. Freelance jobs are possible in a huge variety of fields like customer relationship management, data mining, marketing initiative and web-based offerings. The information technology industry and companies have deepened their roots all over the globe offering a variety of services in the fields of medical transcription, market research, data processing, banking industry, insurance companies, financial institutions, customer interaction, shares, education and so on.
The growth of the services businesses and software industry is reaching new heights and are in the ascending way. This has lead to the new generation of freelance jobs that can be done from the leisure and comfort of homes. Such home-based jobs can be found on the Internet and everyday new ones surfacing. There are many home-based jobs that are interesting and at the same time have attained online success. The person looking for freelance jobs should research the Internet and choose the one, which is suitable for him and can provide him great success. There are many online directories such as online jobs, work from home options, work at home, home business ideas, work, typing jobs from home, data entry positions online, free data entry jobs, free typing jobs at home, affiliate programs and so on.
There is no need to have any prior experience in order to get into freelance work. The person is required to have some working knowledge on the computers and the knowledge to access the Internet and get information from it. When a person does a freelance job, he is in control of his job and working hours. If the freelancer wants to earn good money, he needs to spend more time doing freelance jobs, as the earnings are directly proportional to the quantity and quality of the work done. Freelance jobs are mainly taken up by students who would like to earn an extra income or by mothers at home who had worked earlier but are not able to go for work due to the arrival of their child or by retired people who cannot commute to work daily or by handicapped people and so on.
As far as the freelance jobs are concerned, they are not different from the ones done in the office premises. Freelance jobs are done in order to earn money. It makes the dream of becoming an entrepreneur as all the profits earned through freelance jobs are kept by the freelancer himself. Many women are doing freelance jobs and are committed to the work done from home and for making this decision they also enjoy many rewards. Work done from home too are not void of any struggles as they may be in the form of disturbances like attending the phone, answering the persons at the door, taking care of the kinds at home during work, carrying out the household chores and so on.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
Freelance Journalism: Networking is the Key
By: Adam Boulton
Freelance journalism offers a variety of choices to a person with an attitude to achieve something valuable for the society. It gives the person the opportunity to become the voice of the people. There are many avenues which can be explored with the help of this freelance journalism profession. The freelance journalists can start doing freelance jobs for their own school or college or university newspaper or can get work experience when doing some work with the staff reporters at the local television, newspaper or radio station. It will depend on the choice of the freelance journalist whether to work for a broadcasting or print journalism.
Networking is very important in freelance journalism. It can be achieved either by joining online sites meant for freelance journalism or becoming a part of the discussion forums or joining freelance groups and e-mail news groups. Networking alone will help the freelance journalists to keep in touch with the opportunities which might not be possible otherwise. The freelance journalists can register their profile with many samples of their work on journalist listings and freelance writer’s listings on the Internet. It is very important to make the profile both provocative and informative. The listing should be very clear and interested fields should be mentioned with clarity like if it is technology, science, politics or art and so on. The job boards can be checked at regular intervals. It would be better to join the association for journalists of both the local area and international associations. Many of such associations have their own web sites where assignments are posted or they may have a system by which they would e-mail the relevant assignments to the freelance journalist for a nominal fee. Magazines can be subscribed which feature both job opportunities and assignments. Freelance journalism can also be undertaken for online news agencies. An agency can also be hired to locate work on behalf of the freelance journalists. Workshops and seminars offer good opportunities to the freelance journalists to meet persons of the journalism field who can suggest them both contacts and companies.
While locating freelance journalism jobs, the profile built for seeking jobs should have all the experiences and abilities of the freelancer to shine or stand out. The ambitions of the freelance journalist should be stated clearly and should also explain the reason for choosing the particular field, how the person would be suitable for the above mentioned job and so on. The profile should also contain all the details on the journalist’s interests, educational qualification, skills and experience. Samples can also be showcased which will make the employer to understand the prowess of the journalist. While applying for the job the journalist can display his knowledge of the company’s requirements, the research abilities and the willingness of journalist to go that extra mile. Freelance journalism job requires great patience and perseverance. The freelance journalist should be well determined, should plan ahead and send his profile to all those concerned. There is no need to worry as opportunities as plenty in choice.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
Freelance journalism offers a variety of choices to a person with an attitude to achieve something valuable for the society. It gives the person the opportunity to become the voice of the people. There are many avenues which can be explored with the help of this freelance journalism profession. The freelance journalists can start doing freelance jobs for their own school or college or university newspaper or can get work experience when doing some work with the staff reporters at the local television, newspaper or radio station. It will depend on the choice of the freelance journalist whether to work for a broadcasting or print journalism.
Networking is very important in freelance journalism. It can be achieved either by joining online sites meant for freelance journalism or becoming a part of the discussion forums or joining freelance groups and e-mail news groups. Networking alone will help the freelance journalists to keep in touch with the opportunities which might not be possible otherwise. The freelance journalists can register their profile with many samples of their work on journalist listings and freelance writer’s listings on the Internet. It is very important to make the profile both provocative and informative. The listing should be very clear and interested fields should be mentioned with clarity like if it is technology, science, politics or art and so on. The job boards can be checked at regular intervals. It would be better to join the association for journalists of both the local area and international associations. Many of such associations have their own web sites where assignments are posted or they may have a system by which they would e-mail the relevant assignments to the freelance journalist for a nominal fee. Magazines can be subscribed which feature both job opportunities and assignments. Freelance journalism can also be undertaken for online news agencies. An agency can also be hired to locate work on behalf of the freelance journalists. Workshops and seminars offer good opportunities to the freelance journalists to meet persons of the journalism field who can suggest them both contacts and companies.
While locating freelance journalism jobs, the profile built for seeking jobs should have all the experiences and abilities of the freelancer to shine or stand out. The ambitions of the freelance journalist should be stated clearly and should also explain the reason for choosing the particular field, how the person would be suitable for the above mentioned job and so on. The profile should also contain all the details on the journalist’s interests, educational qualification, skills and experience. Samples can also be showcased which will make the employer to understand the prowess of the journalist. While applying for the job the journalist can display his knowledge of the company’s requirements, the research abilities and the willingness of journalist to go that extra mile. Freelance journalism job requires great patience and perseverance. The freelance journalist should be well determined, should plan ahead and send his profile to all those concerned. There is no need to worry as opportunities as plenty in choice.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
Success Formula for a Freelance Programmer
By: Adam Boulton
Online programming jobs are considered as a very good alternative method for making money. If a person is skilled in creating programs and scripts or who is a professional coder can aim to get into the field of freelance programming. The demand for freelance programming jobs is on the ascending trend due to the huge development of both the software industry and the internet. Online freelance programming jobs are so lucrative that even a regular programmer would quit his day job and start doing his own online business. No one can predict the earning potential of the freelance programmers, but one can be sure of making it huge in the field of freelance programming. It is a fact that many of the programmers have earned huge money by doing freelance programming jobs like writing scripts for many home pages.
Freelance programming can involve reusing the codes developed by the programmers. Freelance programming involves using classes, pieces of code and library functions very often. The programmer needs to take some time creating them which will pay them off in a greater way in the future. Codes can be reused through another method too. Once a freelance programming project has been completed, the programmer can take up a project very similar to the one he completed recently. When reusing their codes the programmers can offer the client with a lower rate and can also finish the job within a shorter span of time. But while doing so the programmers should be very careful enough not to breach the contract with the earlier clients as many of them expect exclusive rights for the programmers’ work.
The secret to do the freelance programming job the easy way is to outsource part of the time consuming aspects or tasks to others as it is not possible that a person is good at everything. Most of the freelance programmers hire copywriters for helping them to complete the writing tasks and hire designers to do the design aspects. It is not only limited to the above tasks, but a freelance programmer can hire another programmer for his freelance job. For instance, the programmer who is hired may not be possessing very good programming skills and may even be not very experienced but may be able to write some of the boring codes for a dead cheap price. Hiring such people helps the freelance programmer to save both time and money as the freelance programming job is done at a faster rate getting huge money for doing less amount of work.
Readily available scripts like the most trivial ones which have been solved already can be used. Most of these scripts are available for free or for a very cheap price. Downloading such scripts and modifying them are lot easier than creating a new one. Ready frameworks for most of the programming languages too are available which when used can increase the programming speed twice or thrice the normal speed.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
Online programming jobs are considered as a very good alternative method for making money. If a person is skilled in creating programs and scripts or who is a professional coder can aim to get into the field of freelance programming. The demand for freelance programming jobs is on the ascending trend due to the huge development of both the software industry and the internet. Online freelance programming jobs are so lucrative that even a regular programmer would quit his day job and start doing his own online business. No one can predict the earning potential of the freelance programmers, but one can be sure of making it huge in the field of freelance programming. It is a fact that many of the programmers have earned huge money by doing freelance programming jobs like writing scripts for many home pages.
Freelance programming can involve reusing the codes developed by the programmers. Freelance programming involves using classes, pieces of code and library functions very often. The programmer needs to take some time creating them which will pay them off in a greater way in the future. Codes can be reused through another method too. Once a freelance programming project has been completed, the programmer can take up a project very similar to the one he completed recently. When reusing their codes the programmers can offer the client with a lower rate and can also finish the job within a shorter span of time. But while doing so the programmers should be very careful enough not to breach the contract with the earlier clients as many of them expect exclusive rights for the programmers’ work.
The secret to do the freelance programming job the easy way is to outsource part of the time consuming aspects or tasks to others as it is not possible that a person is good at everything. Most of the freelance programmers hire copywriters for helping them to complete the writing tasks and hire designers to do the design aspects. It is not only limited to the above tasks, but a freelance programmer can hire another programmer for his freelance job. For instance, the programmer who is hired may not be possessing very good programming skills and may even be not very experienced but may be able to write some of the boring codes for a dead cheap price. Hiring such people helps the freelance programmer to save both time and money as the freelance programming job is done at a faster rate getting huge money for doing less amount of work.
Readily available scripts like the most trivial ones which have been solved already can be used. Most of these scripts are available for free or for a very cheap price. Downloading such scripts and modifying them are lot easier than creating a new one. Ready frameworks for most of the programming languages too are available which when used can increase the programming speed twice or thrice the normal speed.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs - www.careercounsel.info and www.myhomebizguide.com
What is the growth prospect of Virtual Assistant profession worldwide?
By: Adam Boulton
What is the growth prospect of Virtual Assistant profession worldwide?
The virtual assistant industry is growing by leaps and bounds. Initially there were only few Virtual assistants, but, now there are at least one million people situated globally. Virtual assistants both collectively and individually are spreading this concept and many are joining them daily. Many administrative assistants, office managers and experienced professionals have recognized Virtual assisting as an achievable and viable option for them.
Why people choose to become Virtual Assistants?
The reasons are many. Many people think that it is a lucrative option to earn extra income, while others consider it as an option to have a control over their destiny and some take up because they can spend more time with their family, while some take due to illness and health problems. The internet revolution has enabled people to work from home. Many people become virtual assistants due to their aspiration to earn more, due to their experience and knowledge and also due to the potential of the Virtual Assistant industry.
Does any one need a business license to become a virtual assistant?
It depends on where he lives. In States like Georgia, every independent contractor or Virtual assistant needs to possess a business license while other States does not require. It is better to check with the local county and state to be sure of all the legal protocols before setting up a Virtual assistant business.
Is training necessary to become a Virtual assistant?
It all depends on the person. Some would have got all the experience from the previous jobs, while some require to undergo training to gain confidence and knowledge to handle certain issues and tasks. As the virtual assistant industry is growing day by day, the competition and the business require to undergo a training to stay successful.
How can the Virtual Assistant business marketed effectively?
Virtual assistant business can either be marketed via Internet or offline. When opting the offline method, brochures, flyers, business cards, press releases, postcards, advertisements in yellow page and writing articles are very effective. Through internet, websites and online ads can be used to advertise effectively.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs www.careercounsel.info and www.myhomebizguide.com
What is the growth prospect of Virtual Assistant profession worldwide?
The virtual assistant industry is growing by leaps and bounds. Initially there were only few Virtual assistants, but, now there are at least one million people situated globally. Virtual assistants both collectively and individually are spreading this concept and many are joining them daily. Many administrative assistants, office managers and experienced professionals have recognized Virtual assisting as an achievable and viable option for them.
Why people choose to become Virtual Assistants?
The reasons are many. Many people think that it is a lucrative option to earn extra income, while others consider it as an option to have a control over their destiny and some take up because they can spend more time with their family, while some take due to illness and health problems. The internet revolution has enabled people to work from home. Many people become virtual assistants due to their aspiration to earn more, due to their experience and knowledge and also due to the potential of the Virtual Assistant industry.
Does any one need a business license to become a virtual assistant?
It depends on where he lives. In States like Georgia, every independent contractor or Virtual assistant needs to possess a business license while other States does not require. It is better to check with the local county and state to be sure of all the legal protocols before setting up a Virtual assistant business.
Is training necessary to become a Virtual assistant?
It all depends on the person. Some would have got all the experience from the previous jobs, while some require to undergo training to gain confidence and knowledge to handle certain issues and tasks. As the virtual assistant industry is growing day by day, the competition and the business require to undergo a training to stay successful.
How can the Virtual Assistant business marketed effectively?
Virtual assistant business can either be marketed via Internet or offline. When opting the offline method, brochures, flyers, business cards, press releases, postcards, advertisements in yellow page and writing articles are very effective. Through internet, websites and online ads can be used to advertise effectively.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs www.careercounsel.info and www.myhomebizguide.com
Home | Business | Career
By: Adam Boulton
Among the various kinds of virtual assistant profession, real estate virtual assistants are those who provide services to the real estate agents by taking the load off them. They are very similar to the virtual assistants except for the fact that they are specialized in real estate business providing specific and specialized services to their clients.
The real estate virtual assistant’s job includes the following:
The real estate virtual assistants maintain and update their client’s websites with the present information on homes, contact information; some may even create flyers, advertisement, logo, scheduling appointments with prospective buyers etc. A certified real estate virtual assistant can simplify the process for the realtors. They can handle queries more professionally, handle phone calls and do the general secretarial and administrative jobs, answering emails etc.
Advantages of using a real estate virtual assistant:
The realtor can achieve higher sales and increase the revenue generation when getting the assistance of virtual assistants. The business is well structured with their help and growth of the business is sure. The realtor gets more time for listing and selling homes than taking care of routine activities as they have the professional help got from virtual assistants. The realtor gets more leisure time with less amount of stress. Long-term clients can be taken care with their help by sending updates etc.
Real estate virtual assistants are capable of handling lead generation activities, follow-ups, client database management, coordinating online transactions, planning marketing activities and so on. They can assure the realtor for meeting overall objectives with greater satisfaction.
Virtual real estate assistants will be able to promote the important aspects of business called the “customer service.” Even though many real estate agents intend to send holiday cards, birthday cards, thank you cards and follow-up emails and cards to their customers and open house attendees, time does not permit them to do so. All these can be done with the help of virtual assistants, as a happy customer is a customer for ever. Apart from these services, a virtual real estate assistant can send closing gifts, creating and sending mailers, creating CD tours of real estate listings, planning events for the customers etc.
Hence the services offered by the real estate virtual assistants are crucial for running the business. It is very important to check the references before hiring a virtual real estate assistant. Hiring a virtual real estate assistant who is self-motivated and efficient is a priceless possession for a real estate agent or a realtor.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs www.careercounsel.info and www.myhomebizguide.com
Among the various kinds of virtual assistant profession, real estate virtual assistants are those who provide services to the real estate agents by taking the load off them. They are very similar to the virtual assistants except for the fact that they are specialized in real estate business providing specific and specialized services to their clients.
The real estate virtual assistant’s job includes the following:
The real estate virtual assistants maintain and update their client’s websites with the present information on homes, contact information; some may even create flyers, advertisement, logo, scheduling appointments with prospective buyers etc. A certified real estate virtual assistant can simplify the process for the realtors. They can handle queries more professionally, handle phone calls and do the general secretarial and administrative jobs, answering emails etc.
Advantages of using a real estate virtual assistant:
The realtor can achieve higher sales and increase the revenue generation when getting the assistance of virtual assistants. The business is well structured with their help and growth of the business is sure. The realtor gets more time for listing and selling homes than taking care of routine activities as they have the professional help got from virtual assistants. The realtor gets more leisure time with less amount of stress. Long-term clients can be taken care with their help by sending updates etc.
Real estate virtual assistants are capable of handling lead generation activities, follow-ups, client database management, coordinating online transactions, planning marketing activities and so on. They can assure the realtor for meeting overall objectives with greater satisfaction.
Virtual real estate assistants will be able to promote the important aspects of business called the “customer service.” Even though many real estate agents intend to send holiday cards, birthday cards, thank you cards and follow-up emails and cards to their customers and open house attendees, time does not permit them to do so. All these can be done with the help of virtual assistants, as a happy customer is a customer for ever. Apart from these services, a virtual real estate assistant can send closing gifts, creating and sending mailers, creating CD tours of real estate listings, planning events for the customers etc.
Hence the services offered by the real estate virtual assistants are crucial for running the business. It is very important to check the references before hiring a virtual real estate assistant. Hiring a virtual real estate assistant who is self-motivated and efficient is a priceless possession for a real estate agent or a realtor.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Adam Boulton regularly contributes informative articles to web guides on freelance and work from home jobs www.careercounsel.info and www.myhomebizguide.com
Through A Microscope - Look Who's Watching Now
By: Mel Abraham
This article examines the impact on taxpayers and appraisers as well as their advisors of the new Federal provisions of the Pension Protection Act. For appraisers performing valuations for federal tax purposes in accordance with the Pension Protection Act (PPA), signed into law in August 2006, stipulates new penalties and stiff sanctions if the appraisers or appraisals fail to meet the new qualifications.
The Backdrop
The Congress and IRS, to safeguard the U.S. tax system and force taxpayers to straighten up, have introduced new rules and restrictions that impact lawyers and accountants as well as taxpayers. The Pension Protection Act (PPA) of 2006 establishes severe penalties for unethical conduct on the part of accountants involved in federal tax information consultancy to private firms.
Previously, the government's targets for tax abuse were various corporate transactions. But now it has trained its guns on the venerable charitable contribution deduction as well. The act attempts to prevent overvaluing the property given to charity to take advantage of the fair market value deduction. According to Section 170(f)(16)(B), Congress has invited the IRS to stop the deduction completely. In the middle of the gun battle are the appraisers who opine for the taxpayers about the values of property that they give to charity.
Qualified appraisers
PPA also requires that appraisals need to be prepared by qualified appraisers.1 A qualified appraiser is defined in the Act to mean a person who has earned an appraisal designation from a recognized professional organization or has met minimum education and experience requirements established by the Treasury Secretary through regulations. An appraiser will not be treated as a qualified appraiser unless the appraiser demonstrates verifiable education and experience for valuing the type of property subject to the appraisal. Also, the appraiser must not have been prohibited from practicing before the IRS at any time during a three-year period prior to the date of the appraisal.
To sum it up, it is now required that an appraiser valuing property for charitable deduction must be trained and experienced and a vague representation by the appraiser will no longer suffice.
Appraisal Impact on Charitable Contributions
PPA has led to an increase in mandatory requirements for appraisals and appraisers to meet Internal Revenue Code Section 170, which covers charitable requirements.
It is now required that all claimed deductions in excess of $5,000 must be accompanied by a "qualified appraisal." The regulations have duly defined the terms "qualified appraisal" and "qualified appraiser."
All appraisals to qualify must fully comply with Uniform Standards of Professional Appraisal Practice (USPAP). Those that do not fully comply but are "consistent with the substance and principles of USPAP also satisfy this requirement.
Qualified Appraiser:
According to the Act for a person to be a "qualified appraiser" must meet 5 requirements as laid down in the code. According to these requirements, an appraiser must:
1. Have earned an appraisal designation from a recognized professional appraiser organization
2. Demonstrate "verifiable education and experience" in valuing the type of property subject to the appraisal
3. Regularly performs appraisals for compensation
4. Not appear on the IRS's disqualification list at anytime during the three years prior to the date of appraisal
5. Meet other requirements [to be] prescribed by Secretary
However there is an exception available to taxpayers when the appraiser fails to meet the Act's rigorous requirements. The denial of the deduction is inapplicable "if it is shown that the failure to meet such requirements is due to reasonable cause and not to willful neglect."
Further, Notice 2006-96 states that the designation must be "awarded on the basis of demonstrated competency in valuing the type of property for which the appraisal is performed." Additionally, the Notice notes that alternative education and experience requirements are met if the appraiser has done each of the following:
1. Successfully completed college or professional level course work that is relevant to the property being valued.
2. Gained at least two years experience in the trade or business of buying, selling or valuing the type of property being valued.
3. Fully described his or her relevant education and experience in the appraisal.
Prevention is better than cure. By adhering to norms and being organized and cautious about the whole process would ensure that you have nothing to fear. Educating yourself about the new law and its implications will further minimize your chances of getting in the way of PPA radar and getting penalized heavily.
Get free articles in various topic for your website or blog content as much as you want at Article Directory: http://www.articlecompilation.com
Mel Abraham CPA, CVA, ABV, ASA, CSP - author & Adjunct Professor (USD Law School. Further, for access to an audio presentation on IRS penalties and the Pension Protection Act visit www.valuationeducation.com/penalties.html. He can be reached at mel@melabraham.com.
This article examines the impact on taxpayers and appraisers as well as their advisors of the new Federal provisions of the Pension Protection Act. For appraisers performing valuations for federal tax purposes in accordance with the Pension Protection Act (PPA), signed into law in August 2006, stipulates new penalties and stiff sanctions if the appraisers or appraisals fail to meet the new qualifications.
The Backdrop
The Congress and IRS, to safeguard the U.S. tax system and force taxpayers to straighten up, have introduced new rules and restrictions that impact lawyers and accountants as well as taxpayers. The Pension Protection Act (PPA) of 2006 establishes severe penalties for unethical conduct on the part of accountants involved in federal tax information consultancy to private firms.
Previously, the government's targets for tax abuse were various corporate transactions. But now it has trained its guns on the venerable charitable contribution deduction as well. The act attempts to prevent overvaluing the property given to charity to take advantage of the fair market value deduction. According to Section 170(f)(16)(B), Congress has invited the IRS to stop the deduction completely. In the middle of the gun battle are the appraisers who opine for the taxpayers about the values of property that they give to charity.
Qualified appraisers
PPA also requires that appraisals need to be prepared by qualified appraisers.1 A qualified appraiser is defined in the Act to mean a person who has earned an appraisal designation from a recognized professional organization or has met minimum education and experience requirements established by the Treasury Secretary through regulations. An appraiser will not be treated as a qualified appraiser unless the appraiser demonstrates verifiable education and experience for valuing the type of property subject to the appraisal. Also, the appraiser must not have been prohibited from practicing before the IRS at any time during a three-year period prior to the date of the appraisal.
To sum it up, it is now required that an appraiser valuing property for charitable deduction must be trained and experienced and a vague representation by the appraiser will no longer suffice.
Appraisal Impact on Charitable Contributions
PPA has led to an increase in mandatory requirements for appraisals and appraisers to meet Internal Revenue Code Section 170, which covers charitable requirements.
It is now required that all claimed deductions in excess of $5,000 must be accompanied by a "qualified appraisal." The regulations have duly defined the terms "qualified appraisal" and "qualified appraiser."
All appraisals to qualify must fully comply with Uniform Standards of Professional Appraisal Practice (USPAP). Those that do not fully comply but are "consistent with the substance and principles of USPAP also satisfy this requirement.
Qualified Appraiser:
According to the Act for a person to be a "qualified appraiser" must meet 5 requirements as laid down in the code. According to these requirements, an appraiser must:
1. Have earned an appraisal designation from a recognized professional appraiser organization
2. Demonstrate "verifiable education and experience" in valuing the type of property subject to the appraisal
3. Regularly performs appraisals for compensation
4. Not appear on the IRS's disqualification list at anytime during the three years prior to the date of appraisal
5. Meet other requirements [to be] prescribed by Secretary
However there is an exception available to taxpayers when the appraiser fails to meet the Act's rigorous requirements. The denial of the deduction is inapplicable "if it is shown that the failure to meet such requirements is due to reasonable cause and not to willful neglect."
Further, Notice 2006-96 states that the designation must be "awarded on the basis of demonstrated competency in valuing the type of property for which the appraisal is performed." Additionally, the Notice notes that alternative education and experience requirements are met if the appraiser has done each of the following:
1. Successfully completed college or professional level course work that is relevant to the property being valued.
2. Gained at least two years experience in the trade or business of buying, selling or valuing the type of property being valued.
3. Fully described his or her relevant education and experience in the appraisal.
Prevention is better than cure. By adhering to norms and being organized and cautious about the whole process would ensure that you have nothing to fear. Educating yourself about the new law and its implications will further minimize your chances of getting in the way of PPA radar and getting penalized heavily.
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Mel Abraham CPA, CVA, ABV, ASA, CSP - author & Adjunct Professor (USD Law School. Further, for access to an audio presentation on IRS penalties and the Pension Protection Act visit www.valuationeducation.com/penalties.html. He can be reached at mel@melabraham.com.
Jaka Tarub and Nawang Wulan
A Tarub was a handsome young man. He was very popular in the village. Many young girls fell in love with him. However Jaka Tarub thought that they were not beautiful enough to be his wife. That's why he was still single. He wanted to have a very beautiful wife.
As always, Jaka Tarub went to the forest to collect some woods. Suddenly he heard some noise from the waterfall. He was curious. The noise was from the girls taking a bath in the waterfall.
Slowly, Jaka Tarub walked to the area. When he arrived there, he saw seven beautiful girls taking a bath. He was really amazed by their beauty. After they were finished, the girls slowly took their shawls. Amazingly after they wore the shawls, they flew to the sky. They were not humans. They were fairies!
After that Jaka Tarub went home. He was very restless. He was still thinking about those seven beautiful girls. On the next day, Jaka Tarub then decided to go back to the waterfall. When those fairies were taking a bath, he stole one of their shawls. And that made one fairy could not fly back to the sky.
She cried. Jaka Tarub then approached her.
"What's wrong? Why are you crying?"
"I lost my shawl. I cannot go back home. All my sisters have left me. My name is Nawang Wulan. I will give you anything if you can find my shawl."
"I'll help you. But if we can?t find it, you can stay at my house. You can be my wife," said Jaka Tarub
Then Jaka Tarub pretended to look for the shawl. And of course they could not find it. After that they went to Jaka Tarub's home. Later they got married.
They had a baby girl. They had a happy life. They always had enough rice to eat. They did not have to work hard like their neighbors. It was because Nawang Wulan used her magic in cooking. One day, Jaka Tarub asked her about the magic. Nawang Wulan did not tell him the secret and asked him not to open the cooking pan's lid. She said that if Jaka Tarub opened the lid, they had to work hard to get a lot of rice to cook.
One day, Jaka Tarub was really curious. He then opened the cooking pan's lid. He saw there was only a small portion of rice to cook. When she got home, Nawang Wulan knew that Jaka Tarub had opened the lid. She was angry because she already lost the magic in cooking. Now she had to take a big portion of rice to cook.
Slowly there was not enough rice in the silo. And when Nawang Wulan wanted to take the last portion of rice, she found her shawl. Jaka Tarub hid the shawl in the silo.
Nawang Wulan was really happy. She then said, "I will go home now. Take care of our daughter. When there is full moon, take her out of the house and I'll come to get her." Nawang Wulan then flew to the sky.
Jaka Tarub was really sad. And to keep the promise, Jaka Tarub always went out of the house with his daughter when there was full moon. But Nawang Wulan never came back.
Service of RS has not Is maximum
SERVICE that is quickly and precise, cheap medical expenses, and position of communicative and friendly medical energy is some of patient claim to hospital service ( RS) these days. Unhappily, not all RS inside the country fulfills the claim. Story about service obsolence in RS also still often is heard.
The condition causes some of publics to change over to RS-RS beyond the sea, like Singapore, Malaysia, Australia, and other state. Noted, now there is approximately 200 thousand Indonesia patients is having drug to Singapore and Malaysia, with fund total finished reachs US$600 million per year ( around Rp5,4 triliun).
When standing the thing, Hospital Crowd Head Leader Of All Indonesia ( PERSI) Adib A Yahya express actually every hospital in Indonesia tied with regulation about standard quality of service which must be fulfilled RS.
'' The standard written in regulation released by Depkes ( Department of Public Health). Besides, we also has Komisi Akreditasi Rumah Sakit ( KARST), an independent institute below(under Department of Public Health ( Depkes) commisioned accredits every periodical RS that quality of its(the service according to standard,'' explains Adib at Media Indonesia, Monday ( 26/11) in Jakarta.
But is confessed Adib, has not all RS fulfills overall of standard quality of service which has been specified. That thing can happened because various reasons. For example because limitation of bed and human resource owned by RS.
On the contrary, patient also frequently doesn't comprehend condition and constraint RS in giving service. '' Patient knows it wish to be served quickly, precise, friendliness, and cheap. Because condition that is is not is klop, emerges patient sighs,'' flux Adib.
Has insuramnce
When touching the problem of medical expenses frequently times weighs against patient, Adib says ideally all health defrayal is done [by] through insuramnce like the one is applied in advance nations. Thereby, nothing like dispute between patients and hospital the problem of expense of perawatan/pengobatan.
Now, according to Adib, health system of Indonesia is leading to the insuramnce system. '' Thus later, the problem of cost, patient deals with the side of insuramnce or its(the RS relating to the side of insuramnce. The Relation Of RS with patient only between givers and health service receiver,'' continuation of Adib.
With insuramnce, continuation of Adib, public will be protected from heavy burden when having to pays [for] expensive medical expenses. For example when having to experiences operations and also therapy that is enough is weight.
'' Its(the name is ill isn't it have never been planned, usually comes abrupt so that a lot is not ready,'' says Adib.
Safeness holds health insurance is confessed [by] Yanti, 42. He says has almost one year follows health insurance. Expense of premium Yanti and its(the husband accounted on company. Meanwhile, premium for third of its(the chlid is financed personally.
'' I hardly is helped by following insuramnce. Last month youngest chlid of I am ill sudden in articulation of its(the foot/feet is finite cannot run. When having drug to RS direct medical doctor spells out members must be taken care of lodges,'' says Yanti.
After getting room;chamber, continuation of officer in a that private company, s(he directly manages to part of administration and delivers health insurance participant membership card.
'' During four days taken care of I don't release money sepeser also. The return only is ordered signature,'' said Yanti.
When contacted separately, Chief of Officer Corporate PT AJ Central Asia Raya ( CAR) Ali Mustaqin tells very useful health insurance to lighten curative charges and treatment of health.
'' Not an also planning pain. But which its(the name disease, as does disaster, usually comes abrupt. Insuramnce is one of best road(street to anticipate it,'' explains Ali.
For the, continuation of Ali, CAR has product so called Prevensia. Prevensia is health insurance product addressed guarantees expense of health of the company employees ( corporation). This product mengover approximant of all treatment type of health. Starts cost to take care of lodging, takes care of road(street, spectacles, tooth therapy, so delivering birth.
'' Prevensia assists company to specify allocation of health budget in number permanent for its(the employee. While for employee, Prevensia will lighten load they are when having to pays [for] expensive medical expenses,'' flux Ali. ( Nik/S-4)
Heroine in Happy day
EVERY candidate pengantin of course doesn't wish to come up ordinary. Beautiful, classyness, and fascinates becoming dream every the atmosphere in happy day. That is impression which wish to be presented cloth designer Amy Atmanto through collection of his(its newest pengantin cloth. At title taking place in ballroom Pacific Place, Sunday ( 9/12), Amy serves 25 collections kebaya pengantin.
" For this, its(the theme is Srikandi. Every mahakarya which I give impression as a putri. its(the Kebaya impress is luxury and charming," says it when met after finishing of cloth title.
Having immeasurable kreasi presented of course draws. Owner of Royal Sulam boutique serves collection kebaya a real having goal is Indonesia taste, but with modern touch. Among others present with Java culture nuance, Bali, and Palembang.
Kebaya is having nuance Bali, for example, given shawl touch twisting in waist. Line kebaya at underside frequently times is cut [by] incline. Meanwhile, at kebaya is having nuance Palembang which serbatertutup, part of its(the arm made an impression on having volume.
Amy also adaptation of external culture without leaving Indonesia taste goal. Cloth typical of China, cheong sam application for kebaya pengantin consumer jilbab. For which wish to come up synchronized of international dressy white gown, s(he offers kreasi kebaya is having nuance is white is accompanied cowl to pendant length.
All kebaya which on the market impress glamor. Amy the application of usage of crystal Swarovsky combined with many payet. For material, applied, solidarity of local matter and import. Calls only, lace prancis, velvet italia, songket, and batik. The problem of color, Amy dare to go out from pakem. Its(the put having immeasurable, red, black, blue, purple, and golden.
Cloth title covered with appearance of Mona Ratuliu which is visible is synchronized so(after pride of having nuance black kebaya is Java. Kebaya applies velvet material at top then is tied on material lace to sow crystal Swarovsky and payet. For cloth, Mona applies silk batik is having color golden. Result of his(its, elegan, classyness, and all important, having goal permanent is Indonesia taste.
So(after masterpiece Amy which during the time of course is known as designer kebaya. This year, according to him, woman of Indonesia will come up elegan with kebaya simple line, unopen, but permanent glamor. " Within Reason Heroine, synchronized woman of its(the kebaya is ascertained to comes up classyness, elegan, fascinates, and powerful. According to me, this become trend kebaya next year," he said. ( Hko/M-1)
MEMORY MILLENNIUM
GETS AWAY, Franc Lampard sends Chelsea to semifinal of Piala Liga. Seen Andriy Shevchenko does selebrasi after scoring a goal to gate Liverpool, yesterday.
LONDON ( SINDO) – Season league Cup Final then repeatable potency. In semifinal, champion stays Chelsea bersua Everton,sementara runner upArsenal involves derby London Utara with Tottenham Hotspur.
Result of semifinal sweepstakes of Piala Liga,Rabu ( 19/12), dissociates both teams so that they are having opportunity meets in final. Like cited [by] situs opening Badan Liga Inggris,Chelsea and Arsenal acts as host in advance in leg pertama,yakni 7 January 2008.
Has just at second contest, Everton and Tottenham becomes host by 21 Januaries. If The Blues – epithet Chelsea– and The Gunners–julukan Arsenal– can pass each challenge, they will meet in Wembley, 24 FebruariTentu, will repeat contention of top party before all in Millennium, 25 Februari 2007.
That moment, Chelsea gives in Arsenal 2-1 at contest coloured three red cards for John Obi Mikel, Kolo Toure,dan Emmanuel Adebayor. Semifinal sweepstakes of Piala Liga is performed [by] after Chelsea to ascertain last place in 4 besarPasukan Avram Grant conquers Liverpool 2-0 in Stamford Bridge,Rabu ( 19/12), through?via goal Frank Lampard ( minute ke-58) and Andriy Shevchenko ( 90).
Even is bothered many wounded talents, The Blues shows their hegemony to The Reds – epithet Liverpool– is losing captain Steven Gerrard because trouble in perutChelsea more and more predominates contest after Liverpool losing of Peter Crouch awarded by red card at minute ke60.
The elatus raider is dissipated [by] referee Martin Atkinson because dashing against Mikel with both its(the foot/feets. ” If You sees incident record, explains Mikel seen twice kicks Crouch. Because the reason, him(her ( Crouch) losing of common sense. Its(the semesti referee acts is quicker by dissipating Mikel beforehand,” express
Coach Liverpool Rafael Benitez,seperti is cited [by] Sportinglife”Saya very disappointed with this drubbing. Because, we actually comes up bagusTapi,ulah referee has changed anything.” Raid Rafa – greeting Benitez– parried Grant.
According to him, Atkinson takes acurate policy with punishing Crouch. Because, s(he fails controls its(the emotion to provocation Mikel. ” Rafa may fulminate to wasitTapi,kesalahan still lay in x'self Crouch. Even So Mikel kicks Crouch,dia its(the semesti doesn't act is harsh like that says Grant.
Fair if architect is having nationality Israel is screw pine that way. Enunciated Chelsea just losing of John Terry which ditekel Kapten Chelsea opponent talent firm must take a rest maximum of two months because injuring foot/feet after dashed against [by] back Arsenal Emmanuel Eboue in duel in Emirates Minggu 16/12
Iucky of crudity of Crouch to Mikel do not bringing consequence wounded serious Saya likes aggresive talent of my hateful Namun of they which wish to hurt other talent of Padahal they are unnecessary does that is Tekel opponent to Terry and Mikel its(the semesti do not be done explicitly Grant. ( harley ikhsan)
Journalist Selebriti
the existing finite SELEBRITI becoming news object. But, sure and slow now innings of the artists started menjajal journalistic world. Merely looking for popularity or of course existence evidence?
James Autry, former magazine editor Better Homes and Gardens in book written by Sammy Johnson and Patricia Prijatel, Magazine Publishing,terbitan the year 2001, tells that by the end of this ke-20 century news about world selebriti more and more increases sharply.
Autry assess news about selebriti to start stepping into various areas to start from finite mode,olahraga of information of public Sekarang have been many mediums about selebriti People Us Vanity Fair Entertainment Weekly Lalu tries seeing other magazine like Home Journal Semuanya thinks of who thus the existing discussion of Apakah Elizabeth Taylor or its(the Kevin Costner Inti is being equal can sell or doesn't say Autry.
Autry even had forecasted that in a moment later mass media will not again held by journalistic majors people but will be held by the selebriti Jika film star it is possible that reporter and editor in film Kenapa they cannot become editor and reporter in meaning that is actually word Autry.
Forecast Of Autry of course thus The existing reality various media in United States even has applied for the selebriti to start their debut in journalistic areas Jabatan which on the market also having immeasurable starts becoming free writer of finite guest editor leader of editor
In similar thing Indonesia also has happened Is the existing has not counted selebriti dabbling in Langkah journalistic world started by Sarah Sechan when receiving position as representative leader of Cosmo Girl Setelah magazine editor starts many selebriti like Nova Eliza in Pasadena Widi Mulia in Fitness Indonesia and Indra Herlambang in FreeMagz.
” This world I try for self actualization to express Nova when soverigned thus editor Pasadena Seperti Nova when first time is offered the [position/occupation] by PT Mugi Rekso Abadi Sarah confess surpriseding because worrying unable to give maximum contribution to metropolitan adolescent magazine of blind tersebutAlasannya,dia with journalistic world.
But the side of the magazine exactly promises Sarah which at that time still becoming VJ MTV to follow training of journalistic Tidak tanggungtanggung that more maturedly is birth woman of 9 May 1974 is brought to New York to bail journalistic science. The same footstep now also followed by one of personel AB Three Widi Mulia.
Now Widi is indium editor chief magazine Fitness Magazine edition of Indonesia. Like Sarah PT Mugi Rekso Abadi of course looks for an indium editor chief which really likes fitnes Kebetulan birth woman of 29 Aprils 1979 is of course fanatical with fitnes.
Alhasil choice also fell to WidiTerhitung since August 2007 this Dwi Sasono actor wives has opened holds the [position/occupation] its(the Tujuan sih pengin other ballast searching that talent and knowledge still be sharpened Makanya,senang banget there are this put express film talent Lantai 13 is.
Differs From Sarah and Widi Indra Herlambang doesn't hold special [position/occupation] in one of magazine Namun Indra is one of permanent kontributor in magazine Free Magz. Acquaintanceship of Indra with Free Magz begins around five last year At The Time Indra invites some people from Free Magz to become guest star in its(the radio broadcast.
Its(the on unique is at the time people - people from Free Magz interests with born and knowledge owned by Indra Mereka also asks Indra to send example of article Ternyata characterization article of sinetron this Mister Bego taken a fancy to by them Mindlessly they also invites Indra to join as permanent kontributor of rising magazine two weeks once this.
I joined since 2001 excited banget its(the Soal is of course since long time liked world to write - writes becoming can be be all channels hobby to say presenter at the same time talent sinetron entitles this Mister Bego Bagi Indra journalistic is not new experience of Saya also liked writes in various metropolitan magazines become enggak had surprised again word graduated SMA Negeri 8 this Jakarta.
Lion Water Enthuses Eagle
Lion Water Enthuses Eagle
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT Lion Mentari Airlines ( Lion Air) considers possibility that acquisition a number of stocks PT related Indonesia Eagle of privatisation plan of the firm.
Even, Lion Air which initial of this December returns to signs contract purchasing 22 planes Boeing 737-900 Extended Ranger ( ER) dare to bargain a number of 51% stock Garuda. ” If government opens ( sells stock Garuda), we are there is no problem to enter in it, says Corporate Communication & Public Relations Lion Air Hasyim Arsal Habsyi after finishing of installation of Logo Visit Indonesia Year 2008 by one planes Boeing 737900 ER in Bandara Soekarno Hatta Cengkareng yesterday.
He tells enthusiastic Lion Air become majority shareholder and in order this thing is enabled [by] during non doing alien corporation. Touched the problem of fund prepared by Lion Air to buy Garuda, Hasyim is not ready to calls. What is clear its(the fund is be exist, said him(her. Farther s(he tells, as government airline, Eagle has business prospect enough good and promises.
Eagle is assessed [by] many party(sides of course has uppermost business prospect compared to other national firm. The prospect for example in the form of management right of solitary/oneness of transportation of haji and amenity opens new route. Eagle Managing Director Emirsyah Satar this stripper has not tells privatisation plan Garuda still run, but must be awaiting leverage restructuring is ended. Next year, Ministry of Government-owned corporations State has asked Garuda to deliver strategic partner,” he said. Asked how many stocks Garuda which will be released, Emirsyah confess has not known surely. But assertive him(her. government still want to be majority shareholder.
At least 51% still be held government, he said. Emirsyah explains, going away of the stock depended from financial requirement of Garuda. As for strategic partner selected later at least must be able to give added value to Garuda and has the same vision. Related of restructuring oweed Garuda targeted is finished year-endness this Emirsyah cannot ascertain realization of the plan. But, s(he lays open the existing of the biggest creditor of Garuda, European Credit Agency ( ECA), has agreed on restructuring proposal submitted by Garuda even has not been signed.
To creditor being based on in London. English. this. Leverage eagle USD465,8 million for purchasing of six planes Airbus 330-300. the existing Garuda leverage restructuring concentration of to ECA. Has just after his(its at other creditor from Floating Rate Notes ( FRN) in Singapore, then Bank Mandiri Tbk, and Indonesia State Bank Tbk. ” Replenishment of utangutang Garuda will be done in simultan to start next year,” says Emirsyah. ( meutia rahmi)
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT Lion Mentari Airlines ( Lion Air) considers possibility that acquisition a number of stocks PT related Indonesia Eagle of privatisation plan of the firm.
Even, Lion Air which initial of this December returns to signs contract purchasing 22 planes Boeing 737-900 Extended Ranger ( ER) dare to bargain a number of 51% stock Garuda. ” If government opens ( sells stock Garuda), we are there is no problem to enter in it, says Corporate Communication & Public Relations Lion Air Hasyim Arsal Habsyi after finishing of installation of Logo Visit Indonesia Year 2008 by one planes Boeing 737900 ER in Bandara Soekarno Hatta Cengkareng yesterday.
He tells enthusiastic Lion Air become majority shareholder and in order this thing is enabled [by] during non doing alien corporation. Touched the problem of fund prepared by Lion Air to buy Garuda, Hasyim is not ready to calls. What is clear its(the fund is be exist, said him(her. Farther s(he tells, as government airline, Eagle has business prospect enough good and promises.
Eagle is assessed [by] many party(sides of course has uppermost business prospect compared to other national firm. The prospect for example in the form of management right of solitary/oneness of transportation of haji and amenity opens new route. Eagle Managing Director Emirsyah Satar this stripper has not tells privatisation plan Garuda still run, but must be awaiting leverage restructuring is ended. Next year, Ministry of Government-owned corporations State has asked Garuda to deliver strategic partner,” he said. Asked how many stocks Garuda which will be released, Emirsyah confess has not known surely. But assertive him(her. government still want to be majority shareholder.
At least 51% still be held government, he said. Emirsyah explains, going away of the stock depended from financial requirement of Garuda. As for strategic partner selected later at least must be able to give added value to Garuda and has the same vision. Related of restructuring oweed Garuda targeted is finished year-endness this Emirsyah cannot ascertain realization of the plan. But, s(he lays open the existing of the biggest creditor of Garuda, European Credit Agency ( ECA), has agreed on restructuring proposal submitted by Garuda even has not been signed.
To creditor being based on in London. English. this. Leverage eagle USD465,8 million for purchasing of six planes Airbus 330-300. the existing Garuda leverage restructuring concentration of to ECA. Has just after his(its at other creditor from Floating Rate Notes ( FRN) in Singapore, then Bank Mandiri Tbk, and Indonesia State Bank Tbk. ” Replenishment of utangutang Garuda will be done in simultan to start next year,” says Emirsyah. ( meutia rahmi)
2008,Ford Patok Sale of 7500 Units
2008,Ford Patok Sale of 7500 Units
Tuesday, 18/12/2007
JAKARTA ( SINDO) – PT Ford Motor Indonesia ( FMI) targets sale by 2008 reaching 7500 units or rising around 20% compared to forecasting 2007 6200 units.
The recovery of public buying power in automotive market of next year becomes its(the pemicu. ” Rising next year industry as according to prediction Gaikindo. Automotive producer of this year isn't it sale predicted to be pierced 430000 and next year can reach 470000 units, thus market always enthusiastic, said Direktur Marketing PT Ford Motor Indonesia Davy Tuilan in between roll-out of Ford Escape Rescue Team in Jakarta yesterday.
He adds, automotive industry also predicts condition of economics of stable relative next year Indonesia with market potential and politics stability that is increasingly kondusif. This condition enables Ford grows and reachs for sales target at 2008. Meanwhile, President Director FMI WILL ANGOVE tells, menggenjot sale to in 2008 Ford will not launch new variant. Still, [his] side will do modification at a number of certain units. Besides Ford Ranger, one other becoming attention focus is Ford Escape is strarting received in Indonesia public market. Besides car sale, said dia,Ford also focus to strengthen access chain.
For the purpose, FMI targets will open 50 gerai in all Indonesia until 2010. That thing is done with supported by dealer-dealer matching with standard Ford, he/she said. Angove lays open, along the length of 2007 FMI notes sale of ritel highest monthly 1010 units at November. This sale champion also is including sale for Ford Ranger 547 units and Ford Focus 254 units. About possibility that increase of the price of effect the price of world crude oil, Angove answers Ford will consider condition of makroekonomi.
If pertumbuhanekonomisesuaidengan targeted, possibility that company will not boost up the price of its(the product. Something else becoming consideration is increase of price done by other kompetitor. If other gone up, yes possibility that we will go up also, blazes it. Along the length of 2007, sale of Ford is predicted to reachs 6200 units or rising around 52% compared to 2006Hingga November 2007, it has been 5800 units is terjualDari [by] sale total at 2007, New Ford Ranger occupies first ranking with contribution around 55%. ( whisnu good)
Tuesday, 18/12/2007
JAKARTA ( SINDO) – PT Ford Motor Indonesia ( FMI) targets sale by 2008 reaching 7500 units or rising around 20% compared to forecasting 2007 6200 units.
The recovery of public buying power in automotive market of next year becomes its(the pemicu. ” Rising next year industry as according to prediction Gaikindo. Automotive producer of this year isn't it sale predicted to be pierced 430000 and next year can reach 470000 units, thus market always enthusiastic, said Direktur Marketing PT Ford Motor Indonesia Davy Tuilan in between roll-out of Ford Escape Rescue Team in Jakarta yesterday.
He adds, automotive industry also predicts condition of economics of stable relative next year Indonesia with market potential and politics stability that is increasingly kondusif. This condition enables Ford grows and reachs for sales target at 2008. Meanwhile, President Director FMI WILL ANGOVE tells, menggenjot sale to in 2008 Ford will not launch new variant. Still, [his] side will do modification at a number of certain units. Besides Ford Ranger, one other becoming attention focus is Ford Escape is strarting received in Indonesia public market. Besides car sale, said dia,Ford also focus to strengthen access chain.
For the purpose, FMI targets will open 50 gerai in all Indonesia until 2010. That thing is done with supported by dealer-dealer matching with standard Ford, he/she said. Angove lays open, along the length of 2007 FMI notes sale of ritel highest monthly 1010 units at November. This sale champion also is including sale for Ford Ranger 547 units and Ford Focus 254 units. About possibility that increase of the price of effect the price of world crude oil, Angove answers Ford will consider condition of makroekonomi.
If pertumbuhanekonomisesuaidengan targeted, possibility that company will not boost up the price of its(the product. Something else becoming consideration is increase of price done by other kompetitor. If other gone up, yes possibility that we will go up also, blazes it. Along the length of 2007, sale of Ford is predicted to reachs 6200 units or rising around 52% compared to 2006Hingga November 2007, it has been 5800 units is terjualDari [by] sale total at 2007, New Ford Ranger occupies first ranking with contribution around 55%. ( whisnu good)
22 Producers Follows Tube Tender
22 Producers Follows Tube Tender
Tuesday, 18/12/2007
JAKARTA(SINDO) – 22 gasometer producers follows size liquefied petroleumgas tube tender 3 kg PT Pertamina ( persero) time line Januari–Juni 2008 for levying of 8 million units.
” Capacity produce of 22 producers we can be reach 13 million units, but for this first phase ( production) possibly around 8 million units only,” said Industrial Association Head Leader Saved Steel ( Asitab) Tjptadi in Jakarta yesterday. Tjiptadi explains, now the tender process still in negotiation phase. According to him(her, levying tender process of gasometer Pertamina for time line Januari–Juni 2008 followed [by] 23 local tube producers.
But, one producers is assessed improper so that expressed fails. Its(the cause, explains him(her, be corporate administration problem, for example financial statements obsolence so that the memadaiTender doesn't done in Pertamina last week. About price on the market Tjiptadi lays open, out of 22 producers following tender, got bid of bottom equal to Rp90000 per peacemaker valve plus unit. This lower price compared to levying process of tender 2007 equal to Rp91000 per unit. ” Tender 2008 is price on the market of course more competitive,” he/she said.
In place of terpisah,Direktur Department Metal Industry of Industry ( Depperin) Putu Suryawirawan tells has applied Indonesia National Standard ( SNI) to all tube product, either produced inside the country and also import tube, pursuant to regulation of industry minister ( permenperin). Application SNI, continuation dia,digunakan as technical regulation obliging at all producer and importer to produce goods pursuant to which has been specified.
This step done in order not to invite delay of produce and delivery of tube to public on schedule acceleration of conversion program. Its way, explains him(her, through concordance testing of quality of according to SNI. Acceleration policy of kerosene conversion program to gas obliges industry in country to fulfill requirement of tube 100 million units at 2010. Contacted separate, secretary of levying bid of conversion program tube Pertamina Muhadi confirms his(its chosen 22 local producers in levying tender of liquefied petroleumgas gasometer 3 kg for time line January– June 2008. ” Now have been in phase bes awaiting announcement of winner,” its(the diaRencana flux, explains Muhadi, [his] side will do second phase tender at March or April 2008. ( whisnu bagus/ferial thalib)
Tuesday, 18/12/2007
JAKARTA(SINDO) – 22 gasometer producers follows size liquefied petroleumgas tube tender 3 kg PT Pertamina ( persero) time line Januari–Juni 2008 for levying of 8 million units.
” Capacity produce of 22 producers we can be reach 13 million units, but for this first phase ( production) possibly around 8 million units only,” said Industrial Association Head Leader Saved Steel ( Asitab) Tjptadi in Jakarta yesterday. Tjiptadi explains, now the tender process still in negotiation phase. According to him(her, levying tender process of gasometer Pertamina for time line Januari–Juni 2008 followed [by] 23 local tube producers.
But, one producers is assessed improper so that expressed fails. Its(the cause, explains him(her, be corporate administration problem, for example financial statements obsolence so that the memadaiTender doesn't done in Pertamina last week. About price on the market Tjiptadi lays open, out of 22 producers following tender, got bid of bottom equal to Rp90000 per peacemaker valve plus unit. This lower price compared to levying process of tender 2007 equal to Rp91000 per unit. ” Tender 2008 is price on the market of course more competitive,” he/she said.
In place of terpisah,Direktur Department Metal Industry of Industry ( Depperin) Putu Suryawirawan tells has applied Indonesia National Standard ( SNI) to all tube product, either produced inside the country and also import tube, pursuant to regulation of industry minister ( permenperin). Application SNI, continuation dia,digunakan as technical regulation obliging at all producer and importer to produce goods pursuant to which has been specified.
This step done in order not to invite delay of produce and delivery of tube to public on schedule acceleration of conversion program. Its way, explains him(her, through concordance testing of quality of according to SNI. Acceleration policy of kerosene conversion program to gas obliges industry in country to fulfill requirement of tube 100 million units at 2010. Contacted separate, secretary of levying bid of conversion program tube Pertamina Muhadi confirms his(its chosen 22 local producers in levying tender of liquefied petroleumgas gasometer 3 kg for time line January– June 2008. ” Now have been in phase bes awaiting announcement of winner,” its(the diaRencana flux, explains Muhadi, [his] side will do second phase tender at March or April 2008. ( whisnu bagus/ferial thalib)
Korea Ready To Give Donation USD10 Million per Year
Korea Ready To Give Donation USD10 Million per Year
Tuesday, 18/12/2007
JAKARTA ( SINDO) – The Government of South Korea commits gives donation grants equal to USD10 million per year to Indonesia for the agenda of same job(activity of chartered investment counsel.
donation fund total of Korea to Indonesia during last 16 years reachs USD55,6 million. ” We target per annum will give donation fund USD10 million to Indonesia. Korea also enthusiastic adds its(the investment is in Indonesia,” explains Ketua Delegasi Korea from Departemen Perdagangan-Industri and Energi Korea Kim Jung Kwan in in between meeting of chartered investment counsel Indonesia-Korea in Jakarta yesterday. Finite of October 2007, said him(her, total Investasi Korea has reached USD750 million.
In the meeting is noted [by] 80 Korea companies has expressed enthusiasm to inculcate its(the investment in enthusiastic IndonesiaKorea of investment in infrastructure sector, energy and forestry starts the year 2008. But from the meeting is expressed [by] some sighs from the entrepreneurs Korea,terutama is concerning condition of investment climate in Indonesia which has not given pawn to investor. Answers to the matter, Deputi Kerja Sama Bidang Ekonomi and Keuangan Internasional Kementerian Koordinator Bidang Perekonomian Mahendara Siregar lays open that government will cope firm to improve;repair the matter.
” investment enthusiasm of Korea to Indonesia enough heights, and we will strive to improve;repair condition of investment climate in Indonesia specifically Mahendra adds that besides commitment gives donation fund. in a few coming year both states will cooperate in a few project among others expansion of artery road(street in Sumatra, road-works in Provinsi Gorontalo and system development of communications in island Batam.
For the purpose. said Mahendra. [his] side would continuously study project and prepares its(the feasibility study so that in the near time, can happened agreement of antarnegara and leads to level of discussion which more technical. initial Sighting and solution have been done but acceptance formally is still being followed up, sharpness. ( devoted of ananto)
Tuesday, 18/12/2007
JAKARTA ( SINDO) – The Government of South Korea commits gives donation grants equal to USD10 million per year to Indonesia for the agenda of same job(activity of chartered investment counsel.
donation fund total of Korea to Indonesia during last 16 years reachs USD55,6 million. ” We target per annum will give donation fund USD10 million to Indonesia. Korea also enthusiastic adds its(the investment is in Indonesia,” explains Ketua Delegasi Korea from Departemen Perdagangan-Industri and Energi Korea Kim Jung Kwan in in between meeting of chartered investment counsel Indonesia-Korea in Jakarta yesterday. Finite of October 2007, said him(her, total Investasi Korea has reached USD750 million.
In the meeting is noted [by] 80 Korea companies has expressed enthusiasm to inculcate its(the investment in enthusiastic IndonesiaKorea of investment in infrastructure sector, energy and forestry starts the year 2008. But from the meeting is expressed [by] some sighs from the entrepreneurs Korea,terutama is concerning condition of investment climate in Indonesia which has not given pawn to investor. Answers to the matter, Deputi Kerja Sama Bidang Ekonomi and Keuangan Internasional Kementerian Koordinator Bidang Perekonomian Mahendara Siregar lays open that government will cope firm to improve;repair the matter.
” investment enthusiasm of Korea to Indonesia enough heights, and we will strive to improve;repair condition of investment climate in Indonesia specifically Mahendra adds that besides commitment gives donation fund. in a few coming year both states will cooperate in a few project among others expansion of artery road(street in Sumatra, road-works in Provinsi Gorontalo and system development of communications in island Batam.
For the purpose. said Mahendra. [his] side would continuously study project and prepares its(the feasibility study so that in the near time, can happened agreement of antarnegara and leads to level of discussion which more technical. initial Sighting and solution have been done but acceptance formally is still being followed up, sharpness. ( devoted of ananto)
ETF Firstly Dances in Bourse
ETF Firstly Dances in Bourse
Tuesday, 18/12/2007
JAKARTA(SINDO) – Two discretionary trust products which can be commercialized in bourse ( exchange traded fund/ETF) will be noted in Indonesia Stock Exchange ( BEI) concurrently today.
Two ETF published by masingmasing by PT Indopremier Securities and Bahana TCW Investment Management is first ETF in Indonesia. ” His(its effective permit I have signed today both listing would be at the same said Ketua Bapepam-LK Fuad Rahmany to SINDO in Jakarta yesterday. Both ETF will be registered at first session of commerce of BEI today. Listing Director of BEI EDDY SUGITO tells both is first ETF in Indonesia.
” If asked first which both because noted [by] when which bersamaan,”jelas him(her. He says in acquirement of effective permit, Indopremier in advance gets permit from Bapepam-LKNamun, to be noted in BEI,dua ETF is ETF which firstly is noted in bourse. Director Structured Finance Indopremier Securities Fredy R Sumendap tells permit from the effect had been got from BapepamLK yesterday.
Whereas the side of Bahana also confessed gets effective permit yesterday. ETF INDOPREMIER SECURITIES chooses index LQ-45 as its(the benchmark. Audition of LQ-45 is not concentrated to certain stock mastering market capitalization in making an index to the but all stock ang-gota LQ-45. Target of management fund ETF Indopremier for the price of Rp1 triliun. with initial management fund of Rp50 billion. Whereas ETF BAHANA TCW INVESTMENT MANAGEMENT chooses bond discretionary trust product. that is Asian Bond Fund and Indonesia Bond Index Fund.
Director Indopremier Securities Parto Kawito tells, issue of ETF is expected to jacks up management fund of finite Indopremier Securities of Rp3 triliun at 2008. Indopremier x'self targets in next year will add three new discretionary trust types with target of fund Rp1 triliun. Now Indopremier has management fund around Rp342 billion coming from discretionary trust Rp165 billion and discretionary fundRp177 billion. Now Bapepam-LK was processing again two ETF. that is from PT Treasure Fund Investama, through ETF Reksa Dana Indeks LQ45. ETF will be registered in BEJ with code R-LQF45.
Initial subscription value of the discretionary trust Rp50 billion with target of management reachs Rp1 triliun. other ETF come from Danareksa Investment Management ( DIM). President Director DIM PRIYO SANTOSO tells. now [his] side still studying a number of benchmark indexes which will be made ETF benchmark. DIM have also referred HSBC as custodian bank. According To Priyo. actually DIM will publish ETF in this year, but still existence of various constraints from regulator. makes ETF DIM to back into its(the plan. To know market enthusiasm. now DIM does survey of interest. ( nunung ahniar)
Tuesday, 18/12/2007
JAKARTA(SINDO) – Two discretionary trust products which can be commercialized in bourse ( exchange traded fund/ETF) will be noted in Indonesia Stock Exchange ( BEI) concurrently today.
Two ETF published by masingmasing by PT Indopremier Securities and Bahana TCW Investment Management is first ETF in Indonesia. ” His(its effective permit I have signed today both listing would be at the same said Ketua Bapepam-LK Fuad Rahmany to SINDO in Jakarta yesterday. Both ETF will be registered at first session of commerce of BEI today. Listing Director of BEI EDDY SUGITO tells both is first ETF in Indonesia.
” If asked first which both because noted [by] when which bersamaan,”jelas him(her. He says in acquirement of effective permit, Indopremier in advance gets permit from Bapepam-LKNamun, to be noted in BEI,dua ETF is ETF which firstly is noted in bourse. Director Structured Finance Indopremier Securities Fredy R Sumendap tells permit from the effect had been got from BapepamLK yesterday.
Whereas the side of Bahana also confessed gets effective permit yesterday. ETF INDOPREMIER SECURITIES chooses index LQ-45 as its(the benchmark. Audition of LQ-45 is not concentrated to certain stock mastering market capitalization in making an index to the but all stock ang-gota LQ-45. Target of management fund ETF Indopremier for the price of Rp1 triliun. with initial management fund of Rp50 billion. Whereas ETF BAHANA TCW INVESTMENT MANAGEMENT chooses bond discretionary trust product. that is Asian Bond Fund and Indonesia Bond Index Fund.
Director Indopremier Securities Parto Kawito tells, issue of ETF is expected to jacks up management fund of finite Indopremier Securities of Rp3 triliun at 2008. Indopremier x'self targets in next year will add three new discretionary trust types with target of fund Rp1 triliun. Now Indopremier has management fund around Rp342 billion coming from discretionary trust Rp165 billion and discretionary fundRp177 billion. Now Bapepam-LK was processing again two ETF. that is from PT Treasure Fund Investama, through ETF Reksa Dana Indeks LQ45. ETF will be registered in BEJ with code R-LQF45.
Initial subscription value of the discretionary trust Rp50 billion with target of management reachs Rp1 triliun. other ETF come from Danareksa Investment Management ( DIM). President Director DIM PRIYO SANTOSO tells. now [his] side still studying a number of benchmark indexes which will be made ETF benchmark. DIM have also referred HSBC as custodian bank. According To Priyo. actually DIM will publish ETF in this year, but still existence of various constraints from regulator. makes ETF DIM to back into its(the plan. To know market enthusiasm. now DIM does survey of interest. ( nunung ahniar)
Asbanda Launchs Online BPD NET
Asbanda Launchs Online BPD NET
Tuesday, 18/12/2007
JAKARTA ( SINDO) – Association of Local Development Bank ( Asbanda) launchs BPD Net Online which will quicken transaction of client. At early stage 23 of 26 BPD merged into this service.
” Pass BPD NET ONLINE,SELURUH client BPD can do remiting cash in all office of branch,” said Ketua Asbanda Winny E Hassan when launching in Jakarta yesterday. According To Winny, service koneksi BPD exploits ATM network Bersama owned by PT Artajasa Pembayaran ElektronikTransaksi BPD Net Online is done [by] through counter teller in branching BPD merged into by this program.
While in front will be done addition of other fitur adapted for by requirement of public, like drawdown of cash and balance cheque. ” Presents it BPD Net Online is expected can water down client BPD in transaction, either in cash and also nontunai in other BPD. Besides, not necessarily be awaiting stripper to transfer or remits cash,” papar him(her.
Winny says coalescing it of all BPD in this program can depress operating expenses and gives opportunity for BPD like service reach in all provinsi and expansion of service bases on information technology. Besides, expansion opportunity of electronic channel for BPD and strengthens position of BPD for the agenda of facing Arsitektur Perbankan Indonesia.
” When ini,BPD has is far growed compared to before all. Asbanda and BPD at disposal client carefully and applies various programs to vie with its(the lain,”tandas bank. Managing Director Artajasa Arya Damar explains, this service is pionir in world perbankanNasabah BPD can do transaction to remit cash in teller secarareal external timedi from BPD place of client opens account Till now interconnection antarbank only limited to through ATM.
” I hope, through this service BPD can vie with important lainYang wholesale banking, BPD becomes host in its(the area sendiri,”papar him(her. Asbanda x'self has done soft launching this program by 18 Mays 2007 in Makassar. This service development program becomes answer BPD and Asbanda to requirement claim of client. Before all, client has can do service SMS banking for payment of invoice and also modulation refilling ponsel. ( tomi sujatmiko)
Tuesday, 18/12/2007
JAKARTA ( SINDO) – Association of Local Development Bank ( Asbanda) launchs BPD Net Online which will quicken transaction of client. At early stage 23 of 26 BPD merged into this service.
” Pass BPD NET ONLINE,SELURUH client BPD can do remiting cash in all office of branch,” said Ketua Asbanda Winny E Hassan when launching in Jakarta yesterday. According To Winny, service koneksi BPD exploits ATM network Bersama owned by PT Artajasa Pembayaran ElektronikTransaksi BPD Net Online is done [by] through counter teller in branching BPD merged into by this program.
While in front will be done addition of other fitur adapted for by requirement of public, like drawdown of cash and balance cheque. ” Presents it BPD Net Online is expected can water down client BPD in transaction, either in cash and also nontunai in other BPD. Besides, not necessarily be awaiting stripper to transfer or remits cash,” papar him(her.
Winny says coalescing it of all BPD in this program can depress operating expenses and gives opportunity for BPD like service reach in all provinsi and expansion of service bases on information technology. Besides, expansion opportunity of electronic channel for BPD and strengthens position of BPD for the agenda of facing Arsitektur Perbankan Indonesia.
” When ini,BPD has is far growed compared to before all. Asbanda and BPD at disposal client carefully and applies various programs to vie with its(the lain,”tandas bank. Managing Director Artajasa Arya Damar explains, this service is pionir in world perbankanNasabah BPD can do transaction to remit cash in teller secarareal external timedi from BPD place of client opens account Till now interconnection antarbank only limited to through ATM.
” I hope, through this service BPD can vie with important lainYang wholesale banking, BPD becomes host in its(the area sendiri,”papar him(her. Asbanda x'self has done soft launching this program by 18 Mays 2007 in Makassar. This service development program becomes answer BPD and Asbanda to requirement claim of client. Before all, client has can do service SMS banking for payment of invoice and also modulation refilling ponsel. ( tomi sujatmiko)
Inflation of Gastric Ace
Inflation of Gastric Ace
Tuesday, 18/12/2007
WASHINGTON ( SINDO) – The price of United States consumer ( ACE) increases sharply proposes bounces up it the price of energy, followed other commodity. This thing reduces downdraft opportunity of interest rate hereinafter.
According to Ministry of Manpower data which dirilis Friday ( 14/12) yesterday, CPI ( IHK) at November rising 0,8% follows gambol the price of energy source reaching 5,7%. This the biggest increase since 2005. In year to year ( year on year/YoY), inflation overall of at November reachs 4,3%. This also highest annual increase since June 2006.
As for cumulative inflation along the length of 11 kalendses 2007 reaching 4,2%, much higher is compared to the same time line last year equal to 2,5%. Quit of quickly of increase of food-stuff and energy, IHK remain to experience highest and keen relative improvement since January this year, that is 0,3%. The number also higher from prediction of Wall street approximating increase equal to 0,2%.
According to data, the price of clothes increases 0,8%, medical treatment 0,4%, and rent load – parameter ownership of the price of home having contribution a quarter approximant overall of IHK– rising 0,3%. Analyst assess, increase of the price of consumer exceeding the prediction makes reserve bank will re-think before clipping interest rate again. “ This thing makes The Fed a few going to the wall and soybean cake public must how aggresive interest rate cropping which they would did if inflation becoming bounces up,” says Kepala Currency Trader BMO Capital Markets Firas Askari.
Based on the thing, the trader haves a notion that possibility that reserve bank will lessen again its(the interest rate is hardly kecilTerlebih since three last month they had reduced its(the loan interest rate equal to 1%. “ With refer to this downdraft will encumber a number of individuals living in insuffiency. The reason is if The Fed returns to reducing its(the interest rate, IHK would becoming increases,” papar Kepala Ekonom MKM Partners indium Greenwich Michael Darda.
Even that way, in when at the same produced in mining sector, industry, and utility increases beyond belief the analysts equal to 3,2%. According to different data released by The Fed, industrial production at November 2007 increasing 0,4% after ultimo to decline 0,6%. This thing indicates chartered investment counsel AS a few getting bright point in the middle of housing crisis which its(the menerpa. Increase of industrial sector is caused to products increase motor vehicle and access equal to 1,75% and increase of 2,1% produce of computer and electronic goods.
Out of it industrial production AS at November only reach 0,2%“Jika positive peripatetic industrial production data, means manufacture industry also grow at least less than 0,5%,” says economic expert Manufacturers Alliance/MAPI Cliff Waldman. But, s(he reminds that the existing AS chartered investment counsel climate still out of all patience. ( Rtr/AP/amailia ph)
Tuesday, 18/12/2007
WASHINGTON ( SINDO) – The price of United States consumer ( ACE) increases sharply proposes bounces up it the price of energy, followed other commodity. This thing reduces downdraft opportunity of interest rate hereinafter.
According to Ministry of Manpower data which dirilis Friday ( 14/12) yesterday, CPI ( IHK) at November rising 0,8% follows gambol the price of energy source reaching 5,7%. This the biggest increase since 2005. In year to year ( year on year/YoY), inflation overall of at November reachs 4,3%. This also highest annual increase since June 2006.
As for cumulative inflation along the length of 11 kalendses 2007 reaching 4,2%, much higher is compared to the same time line last year equal to 2,5%. Quit of quickly of increase of food-stuff and energy, IHK remain to experience highest and keen relative improvement since January this year, that is 0,3%. The number also higher from prediction of Wall street approximating increase equal to 0,2%.
According to data, the price of clothes increases 0,8%, medical treatment 0,4%, and rent load – parameter ownership of the price of home having contribution a quarter approximant overall of IHK– rising 0,3%. Analyst assess, increase of the price of consumer exceeding the prediction makes reserve bank will re-think before clipping interest rate again. “ This thing makes The Fed a few going to the wall and soybean cake public must how aggresive interest rate cropping which they would did if inflation becoming bounces up,” says Kepala Currency Trader BMO Capital Markets Firas Askari.
Based on the thing, the trader haves a notion that possibility that reserve bank will lessen again its(the interest rate is hardly kecilTerlebih since three last month they had reduced its(the loan interest rate equal to 1%. “ With refer to this downdraft will encumber a number of individuals living in insuffiency. The reason is if The Fed returns to reducing its(the interest rate, IHK would becoming increases,” papar Kepala Ekonom MKM Partners indium Greenwich Michael Darda.
Even that way, in when at the same produced in mining sector, industry, and utility increases beyond belief the analysts equal to 3,2%. According to different data released by The Fed, industrial production at November 2007 increasing 0,4% after ultimo to decline 0,6%. This thing indicates chartered investment counsel AS a few getting bright point in the middle of housing crisis which its(the menerpa. Increase of industrial sector is caused to products increase motor vehicle and access equal to 1,75% and increase of 2,1% produce of computer and electronic goods.
Out of it industrial production AS at November only reach 0,2%“Jika positive peripatetic industrial production data, means manufacture industry also grow at least less than 0,5%,” says economic expert Manufacturers Alliance/MAPI Cliff Waldman. But, s(he reminds that the existing AS chartered investment counsel climate still out of all patience. ( Rtr/AP/amailia ph)
Hana Bank Finalizes Akuisi Star Bank
Hana Bank Finalizes Akuisi Star Bank
Tuesday, 18/12/2007
SEOUL ( SINDO) – complete Hana Bank of purchasing of 61% stock Bank Bintang Manunggal. The acquisition is part of business expansion in Asia.
In statement is written yesterday management Hana Bank to tell authorized shares Bank Bintang Manunggal has been improved to become USD15 million. Unit from group of South Korea standard ( Korsel) Hana Financial Group also ready to inseminate addition of the next legal capital. Pass purchasing Bank Bintang Manunggal, Hana Bank will extend its(the operation is in Indonesia by adding number of its(the office of branchs becomes 200 in next five years.
“ We plan strengthens banking business of ritel and corporate banking by aiming at company Korsel operating in Indonesia,” said management Hana Bank in its(the statement. With the purchasing, composition rest of stock Bank Manunggal now is mastered investment unit of World bank, International Finance Corporation, equal to 19% and the rest mastered by the founders. middle Hana Financial Group looks for expansion opportunity beyond the sea proposes slow of growth in domestic market as result of its(the stringency emulation.
The standard service feeder also will build local unit in China and opens India branch. Last month, Hana Bank opens its(the office in Vietnam. “ Now, from the angle of size, business in Indonesia possible still be small, but that will become first step triggering expansion Hana,” said analyst Hyundai Securities Koo Kyung-hui. ( AFP/HERY)
Tuesday, 18/12/2007
SEOUL ( SINDO) – complete Hana Bank of purchasing of 61% stock Bank Bintang Manunggal. The acquisition is part of business expansion in Asia.
In statement is written yesterday management Hana Bank to tell authorized shares Bank Bintang Manunggal has been improved to become USD15 million. Unit from group of South Korea standard ( Korsel) Hana Financial Group also ready to inseminate addition of the next legal capital. Pass purchasing Bank Bintang Manunggal, Hana Bank will extend its(the operation is in Indonesia by adding number of its(the office of branchs becomes 200 in next five years.
“ We plan strengthens banking business of ritel and corporate banking by aiming at company Korsel operating in Indonesia,” said management Hana Bank in its(the statement. With the purchasing, composition rest of stock Bank Manunggal now is mastered investment unit of World bank, International Finance Corporation, equal to 19% and the rest mastered by the founders. middle Hana Financial Group looks for expansion opportunity beyond the sea proposes slow of growth in domestic market as result of its(the stringency emulation.
The standard service feeder also will build local unit in China and opens India branch. Last month, Hana Bank opens its(the office in Vietnam. “ Now, from the angle of size, business in Indonesia possible still be small, but that will become first step triggering expansion Hana,” said analyst Hyundai Securities Koo Kyung-hui. ( AFP/HERY)
Transient Poorness Program
Transient Poorness Program
Tuesday, 18/12/2007
JAKARTA(SINDO) – Poorness handling program implemented by government still having the character of transient so that unable to finalize poorness problem root. This thing makes resident which level of its(the chartered investment counsel is susceptible good to return to to become poor member.
” Ought to be governmental maps beforehand poorness problem for then does policy of intervention in handling poorness based on itself poorness characteristic,” says researcher Pusat Penelitian Ekonomi Lembaga Ilmu Pengetahuan Indonesia ( P2ELIPI) Latif Adam in Jakarta yesterday. He explains, poorness problem in Indonesia basically roots from its(the minim access and opportunity obtains work. If trace farther, no the access pushed by the tightness of public access to education.
” Its(the consequence, ability and skill which they have very low. Energy?power bargains them also finally minim in the middle of job(activity market claim that is increasingly kompetitif,”kata Latif. Seen from budgeting side, according to Latif, programprogram poorness handling and unemployment from government also tends to orients bujet for pauper like Program Nasional Pemberdayaan Masyarakat ( PNPM) and Bantuan Langsung Tunai ( BLT). This program has weakness because tentative and unable to lessen poorness basically.
its(the Semesti word Latif budgeting in the effort poorness handling and unemployment orients at poor public economic expansion. the Government of allocation of bigger budget for expansion of UKM and revitalisation of agriculture. ” If that growing, automatically public will have production. This thing makes them is not terperosok again to poor public category. If for example given a kind of BLT, public can return again to its(the poorness line,” papar him(her.
Separately, State's Minister PPN/KEPALA BAPPENAS PASKAH SUZETTA do not want to comment too much related evaluated target of national poorness decay and unemployment. According to him(her, Bappenas still be awaiting result of national survey by Badan Pusat Statistik ( BPS) for striving the, including governmental performance during last three years. ” We be awaiting Susenas BPS which is new is published [by] March 2008. So possible Bappenas will write down related evaluation of poorness and unemployment, including other performance, around April.
So patient formerly,” says Easter. He tell, besides development of economics which able to permeate labour as long-range solution, governmental also applies solution of short term in the form of implementation PNPM, rice for poor resident ( raskin), and Bantuan Operasional Sekolah ( BOSS). ” Its(the budget we extend to become Rp80 triliun the year 2008. Something direct through raskin and PNMPM and also indirectly through supply of absorbtion programs of labour,” said him(her.
Before all, Coordinating Minister Kesra Aburizal Bakrie tells, governmental is optimistic unemployment number of 2008 can go down so resides in the range of 6–8% from 9,75% the year 2007. Whereas poorness by 2008 targeted to reduces to 15% from 16,58% the year 2007. ( zaenal muttaqin)
Tuesday, 18/12/2007
JAKARTA(SINDO) – Poorness handling program implemented by government still having the character of transient so that unable to finalize poorness problem root. This thing makes resident which level of its(the chartered investment counsel is susceptible good to return to to become poor member.
” Ought to be governmental maps beforehand poorness problem for then does policy of intervention in handling poorness based on itself poorness characteristic,” says researcher Pusat Penelitian Ekonomi Lembaga Ilmu Pengetahuan Indonesia ( P2ELIPI) Latif Adam in Jakarta yesterday. He explains, poorness problem in Indonesia basically roots from its(the minim access and opportunity obtains work. If trace farther, no the access pushed by the tightness of public access to education.
” Its(the consequence, ability and skill which they have very low. Energy?power bargains them also finally minim in the middle of job(activity market claim that is increasingly kompetitif,”kata Latif. Seen from budgeting side, according to Latif, programprogram poorness handling and unemployment from government also tends to orients bujet for pauper like Program Nasional Pemberdayaan Masyarakat ( PNPM) and Bantuan Langsung Tunai ( BLT). This program has weakness because tentative and unable to lessen poorness basically.
its(the Semesti word Latif budgeting in the effort poorness handling and unemployment orients at poor public economic expansion. the Government of allocation of bigger budget for expansion of UKM and revitalisation of agriculture. ” If that growing, automatically public will have production. This thing makes them is not terperosok again to poor public category. If for example given a kind of BLT, public can return again to its(the poorness line,” papar him(her.
Separately, State's Minister PPN/KEPALA BAPPENAS PASKAH SUZETTA do not want to comment too much related evaluated target of national poorness decay and unemployment. According to him(her, Bappenas still be awaiting result of national survey by Badan Pusat Statistik ( BPS) for striving the, including governmental performance during last three years. ” We be awaiting Susenas BPS which is new is published [by] March 2008. So possible Bappenas will write down related evaluation of poorness and unemployment, including other performance, around April.
So patient formerly,” says Easter. He tell, besides development of economics which able to permeate labour as long-range solution, governmental also applies solution of short term in the form of implementation PNPM, rice for poor resident ( raskin), and Bantuan Operasional Sekolah ( BOSS). ” Its(the budget we extend to become Rp80 triliun the year 2008. Something direct through raskin and PNMPM and also indirectly through supply of absorbtion programs of labour,” said him(her.
Before all, Coordinating Minister Kesra Aburizal Bakrie tells, governmental is optimistic unemployment number of 2008 can go down so resides in the range of 6–8% from 9,75% the year 2007. Whereas poorness by 2008 targeted to reduces to 15% from 16,58% the year 2007. ( zaenal muttaqin)
Formal NSW Is implemented [by]
Formal NSW Is implemented [by]
Tuesday, 18/12/2007
JAKARTA ( SINDO) – The Government finally formal implements system national single windows ( NSW) started yesterday. Now five government institutions of publisher permit from ekspor-impor has integrated in electronic system in portal www. insw.go.id.
The Minister of Finance ( Menkeu) Sri Mulyani Indrawati tells, fifth of institution of the government has represented 80 publishers permit from foreign trade current. ” Despite of 36 government institutions involving, fifth of institution that is which very often relates to entrepreneur,” he/she said in opening of implementation of phase I system NSW in Jakarta yesterday. Menkeu tells, 35 other government institutions is planned joined at April 2008.
Thereby, at December 2008, Indonesia ready to joint forces with Asian single window ( ASW). Five government institutions merged into by this phase is Ditjen Bea and Cukai, Badan POM, Ditjen Perdagangan Luar Negeri, Agriculture Quarantine Body, and Pusat Karantina Ikan. Whereas importer served with new NSW system 100 companies. the Government targets all importers can apply NSW at implementation of phase II at April 2008. The Minister of Trade ( Mendag) Let Us Elka Pangestu tells, at this I phase new NSW enjoyed by importer. While the new exporters can use it at September 2008.
” But this isn't it generally to import legal capital goods,” he/she said. On the other side, The Minister of Communications and Informatika ( Menkominfo) M Nuh confess applying of this NSW has not owned basis law in the form of invitors invitors ( Bill) Informatics and Transaksi Elektronik ( Bill of ITE) has just completed is studied initial Parliament of next year. ” But government is preparing regulation of government to arrange transaction of electronic,” he said. Chamber of commerce and industry Head Leader ( Indonesian chamber of commerce) Indonesia MS HIDAYAT supports applying NSW. ” Thus with this system, the business perpetrators is not necessarily meet again with officers out of five goverment institutions causing deductible illegal practices,” calls Hidayat. ( muhammad ma'ruf)
Tuesday, 18/12/2007
JAKARTA ( SINDO) – The Government finally formal implements system national single windows ( NSW) started yesterday. Now five government institutions of publisher permit from ekspor-impor has integrated in electronic system in portal www. insw.go.id.
The Minister of Finance ( Menkeu) Sri Mulyani Indrawati tells, fifth of institution of the government has represented 80 publishers permit from foreign trade current. ” Despite of 36 government institutions involving, fifth of institution that is which very often relates to entrepreneur,” he/she said in opening of implementation of phase I system NSW in Jakarta yesterday. Menkeu tells, 35 other government institutions is planned joined at April 2008.
Thereby, at December 2008, Indonesia ready to joint forces with Asian single window ( ASW). Five government institutions merged into by this phase is Ditjen Bea and Cukai, Badan POM, Ditjen Perdagangan Luar Negeri, Agriculture Quarantine Body, and Pusat Karantina Ikan. Whereas importer served with new NSW system 100 companies. the Government targets all importers can apply NSW at implementation of phase II at April 2008. The Minister of Trade ( Mendag) Let Us Elka Pangestu tells, at this I phase new NSW enjoyed by importer. While the new exporters can use it at September 2008.
” But this isn't it generally to import legal capital goods,” he/she said. On the other side, The Minister of Communications and Informatika ( Menkominfo) M Nuh confess applying of this NSW has not owned basis law in the form of invitors invitors ( Bill) Informatics and Transaksi Elektronik ( Bill of ITE) has just completed is studied initial Parliament of next year. ” But government is preparing regulation of government to arrange transaction of electronic,” he said. Chamber of commerce and industry Head Leader ( Indonesian chamber of commerce) Indonesia MS HIDAYAT supports applying NSW. ” Thus with this system, the business perpetrators is not necessarily meet again with officers out of five goverment institutions causing deductible illegal practices,” calls Hidayat. ( muhammad ma'ruf)
Bhakti Investama Masters IATA
Bhakti Investama Masters IATA
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT formal Bhakti Investama Tbk masters stock PT Water Indonesia Transport Tbk ( IATA) from result of division of dividend in the form of stock IATA by Global PT of Mediacom Tbk.
Bhakti Investama as owner 51,4% stock Global Mediacom gets stock IATA 906.644.494 sheet feds or 42,18% from stock total IATA is circulating or for the price of Rp102,8 billion. Managing Director Bhakti Investama Hary Djaja tells, all stock IATA received will be transferred to corporate subsidiaries Bhakti Investama which is peripatetic in the field of transportation of air, that is Global PT of Transports Services ( GTS).
” We also will increase ownership at finite IATA above 51% as a form of serious of we are in the field of transportation of air remembers growth potency of number of big passengers in the future,” said him(her in Jakarta yesterday. He says, after transfer of the stock, GTS will have two air transport firms, that is Water Adam which had been taken over April then and IATA with armada total more than 40 planes. Contacted separate, analyst BNI Securities Alfatih tells, addition of the stock can increase synergy in transportation sector of air owned by Bhakti Investama. addition of The ownership will give positive contribution.
Eagle Water
Department of Communication ( Dephub) estimates, permit effort for air transport ( SIUP) property of new airline which below ownership of GTS,Eagle Air, published front in the middle of the. GTS is informed to orders 16 plane units Boeing 737-800 and 27 jet plane units CRJ-900 output of plant Bombardier Aerospace of Canada to support operation Eagle Air. ” Now permit from his(its is being processed,” says Director-General of Communication of Air Dephub Budhi Muliawan Suyitno. For issue SIUP, s(he ascertains Dephub will not complicate.
But, the problem of acquirement of permit from operation ( operator water certificate/AOC), Budhi affirms, now medium diperketat. Every firm, continuation of Budhi, minimum should have fulfilled criterion as airline to categorize two to be able to operate. ” Its(the standard we heighten,” him(her flux. The standard among others include;covers number of availibility of planes and human resource. ” Some new firms like Lorena and Linus Airways difficulty fulfills it,” express Budhi.
Related of Eagle Air, s(he tells, this firm gives service full service as does Garuda Indonesia. Budhi says, this time Garuda has just is categorizing full service causing its needs talent differ from the same class to make balance to the red plate firm. Before all, Managing Director Bhakti Investama Hary Djaja confess the problem of give an order plan of plane and establishment of the new airline.
” There is new airline below(under GTS which will apply the plane,” he said ( SINDO 17/12). Hary tells, it has been one or two this month GTS submits permit from establishment of airline to Dephub. He also tells, Eagle Air will aim at class market menegah and gives full service ( full service). ( meutia rahmi/ nunung ahniar)
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT formal Bhakti Investama Tbk masters stock PT Water Indonesia Transport Tbk ( IATA) from result of division of dividend in the form of stock IATA by Global PT of Mediacom Tbk.
Bhakti Investama as owner 51,4% stock Global Mediacom gets stock IATA 906.644.494 sheet feds or 42,18% from stock total IATA is circulating or for the price of Rp102,8 billion. Managing Director Bhakti Investama Hary Djaja tells, all stock IATA received will be transferred to corporate subsidiaries Bhakti Investama which is peripatetic in the field of transportation of air, that is Global PT of Transports Services ( GTS).
” We also will increase ownership at finite IATA above 51% as a form of serious of we are in the field of transportation of air remembers growth potency of number of big passengers in the future,” said him(her in Jakarta yesterday. He says, after transfer of the stock, GTS will have two air transport firms, that is Water Adam which had been taken over April then and IATA with armada total more than 40 planes. Contacted separate, analyst BNI Securities Alfatih tells, addition of the stock can increase synergy in transportation sector of air owned by Bhakti Investama. addition of The ownership will give positive contribution.
Eagle Water
Department of Communication ( Dephub) estimates, permit effort for air transport ( SIUP) property of new airline which below ownership of GTS,Eagle Air, published front in the middle of the. GTS is informed to orders 16 plane units Boeing 737-800 and 27 jet plane units CRJ-900 output of plant Bombardier Aerospace of Canada to support operation Eagle Air. ” Now permit from his(its is being processed,” says Director-General of Communication of Air Dephub Budhi Muliawan Suyitno. For issue SIUP, s(he ascertains Dephub will not complicate.
But, the problem of acquirement of permit from operation ( operator water certificate/AOC), Budhi affirms, now medium diperketat. Every firm, continuation of Budhi, minimum should have fulfilled criterion as airline to categorize two to be able to operate. ” Its(the standard we heighten,” him(her flux. The standard among others include;covers number of availibility of planes and human resource. ” Some new firms like Lorena and Linus Airways difficulty fulfills it,” express Budhi.
Related of Eagle Air, s(he tells, this firm gives service full service as does Garuda Indonesia. Budhi says, this time Garuda has just is categorizing full service causing its needs talent differ from the same class to make balance to the red plate firm. Before all, Managing Director Bhakti Investama Hary Djaja confess the problem of give an order plan of plane and establishment of the new airline.
” There is new airline below(under GTS which will apply the plane,” he said ( SINDO 17/12). Hary tells, it has been one or two this month GTS submits permit from establishment of airline to Dephub. He also tells, Eagle Air will aim at class market menegah and gives full service ( full service). ( meutia rahmi/ nunung ahniar)
the Government Must Act Is assertive
the Government Must Act Is assertive
Tuesday, 18/12/2007
JAKARTA ( SINDO) – Senior banker Robby Djohan affirms, government must soon determines related position of Indonesia banking policy ( BI) about sole proprietorship ( single presence policy/SPP).
The primal, the government-owned corporations bank is not merely becoming merchandise. ” the Government must take position. Didn't extention of time and also exemption became step is not productive for government-owned corporations bank. Important, bank doesn't become merchandise,” said him(her to SINDO in Jakarta yesterday. According to its(the dia,hendak government only had one banks only.
But, otherwise enables government enough having two banks, that is nationality bank focusing at expansion of real sector and also UMKM and bank focusing at commercial line. Besides, bank focusing at public?people housing. ” Ideally two or three only. Even if possible to one banks accommodating third the business focus. This thing to create efisiensiItu between the line in SPP,” assertive of him(her. He says, purpose of main of SPP for the shake of efficiency.
For the purpose, related investor and hit [by] this policy must soon finalizes it. On the other side, BI limits duration ownership of banking by investor is not to sell to other party during five years. ” I am taste BI has consideration x'self. That thing is not problem and all important of bank is not merely becoming merchandise,” explicitly him(her. In separate place, National Banks Crowd Chief ( Perbanas) Sigit Pramono tells, Indonesia hardly difficult to duck out trend of consolidation at the existing banking industry. Because, if the trend is diabaikan,hal can harm nation importance.
” If the trend not diikuti,kita will eaten by bank larger ones and aggresive in looking for market share,” he/she said. Sigit assess, easiest amalgamation process to be done is consolidation antarbank government that is the existing being discourse after the comming of policy of related BI of implementation of sole proprietorship ( SPP). He examplizes plan one of bank in China which acquisition Bank ABN Amro to increase capitalization of the bank.
Before all, at 2005, The Bank of Tokyo-Mitsubishi Ltd and UFJ Bank Ltd merger so that its(the leg asset rising becomes USD1,7 triliun. In side lain,lanjut Sigit,salah one banks with the biggest leg asset in Indonesia has just can reside in sequence ke-16 in level of regional. But, when has become wholesale banking will determine and influences banking business. ” Consolidation government-owned corporations Bank must if not wished cretin and fails in competition with the existing big banks towards merger.
Merger discourse or acquisition will harm state if we to do not make something,” assertive of him(her. BNI x'self, continuation of him(her, more focusly at improvement of copartnership performance to ready to anticipate consolidation trend of banking in a world of at one time will be synchronized to all copartnership of red plate in Fatherland. Farther Sigit explains, out of four the existing government-owned corporations banks, which is not will disturbed by possibility that consolidation of banking in Indonesia only BRI. Because, government still requiring bank focusing at defrayal of middle and small micro ( UMKM) so that is not taken foreign talent. ” Besides BRI, other bank ( Self-supporting, BTN, and BNI) needs consolidation in order to become strong bank and besar,”papar him(her. ( tomi sujatmiko)
Tuesday, 18/12/2007
JAKARTA ( SINDO) – Senior banker Robby Djohan affirms, government must soon determines related position of Indonesia banking policy ( BI) about sole proprietorship ( single presence policy/SPP).
The primal, the government-owned corporations bank is not merely becoming merchandise. ” the Government must take position. Didn't extention of time and also exemption became step is not productive for government-owned corporations bank. Important, bank doesn't become merchandise,” said him(her to SINDO in Jakarta yesterday. According to its(the dia,hendak government only had one banks only.
But, otherwise enables government enough having two banks, that is nationality bank focusing at expansion of real sector and also UMKM and bank focusing at commercial line. Besides, bank focusing at public?people housing. ” Ideally two or three only. Even if possible to one banks accommodating third the business focus. This thing to create efisiensiItu between the line in SPP,” assertive of him(her. He says, purpose of main of SPP for the shake of efficiency.
For the purpose, related investor and hit [by] this policy must soon finalizes it. On the other side, BI limits duration ownership of banking by investor is not to sell to other party during five years. ” I am taste BI has consideration x'self. That thing is not problem and all important of bank is not merely becoming merchandise,” explicitly him(her. In separate place, National Banks Crowd Chief ( Perbanas) Sigit Pramono tells, Indonesia hardly difficult to duck out trend of consolidation at the existing banking industry. Because, if the trend is diabaikan,hal can harm nation importance.
” If the trend not diikuti,kita will eaten by bank larger ones and aggresive in looking for market share,” he/she said. Sigit assess, easiest amalgamation process to be done is consolidation antarbank government that is the existing being discourse after the comming of policy of related BI of implementation of sole proprietorship ( SPP). He examplizes plan one of bank in China which acquisition Bank ABN Amro to increase capitalization of the bank.
Before all, at 2005, The Bank of Tokyo-Mitsubishi Ltd and UFJ Bank Ltd merger so that its(the leg asset rising becomes USD1,7 triliun. In side lain,lanjut Sigit,salah one banks with the biggest leg asset in Indonesia has just can reside in sequence ke-16 in level of regional. But, when has become wholesale banking will determine and influences banking business. ” Consolidation government-owned corporations Bank must if not wished cretin and fails in competition with the existing big banks towards merger.
Merger discourse or acquisition will harm state if we to do not make something,” assertive of him(her. BNI x'self, continuation of him(her, more focusly at improvement of copartnership performance to ready to anticipate consolidation trend of banking in a world of at one time will be synchronized to all copartnership of red plate in Fatherland. Farther Sigit explains, out of four the existing government-owned corporations banks, which is not will disturbed by possibility that consolidation of banking in Indonesia only BRI. Because, government still requiring bank focusing at defrayal of middle and small micro ( UMKM) so that is not taken foreign talent. ” Besides BRI, other bank ( Self-supporting, BTN, and BNI) needs consolidation in order to become strong bank and besar,”papar him(her. ( tomi sujatmiko)
Person Taxpayer Difficult To Be Pursued
Person Taxpayer Difficult To Be Pursued
Tuesday, 18/12/2007JAKARTA(SINDO) – Pursues tax for taxpayer ( WP) personal simply do not as easy as imagined, even properties of WP person can be seen with kasatmata.
The Minister of Finance ( Menkeu) Sri Mulyani Indrawati confess not easy to boost up acceptance?receiving of tax from WP person, even starts many admission Indonesian peoples the line of rich man in world. Avoiding technical is tax becoming sophisticated and not easy to proved. ” Pursues forthright individual WP level of its(the difficulty more its(the tinggiMisally is mentioned in magazine Forbes properties of s(he reachs so much triliun,dia will tell that's note mine ( do not property of me),” said Sri Mulyani in Jakarta yesterday.
Even its(the condition is like that, Menkeu affirms, [his] side remain to serious to pursue acceptance?receiving of state from rich man phenomenon in Indonesia. middle Ditjen Pajak corrects observation system to prove behavior of WP avoiding tax. ” Tax Director General is compiling stages;steps to see, proves, then asks correction from body taxpayer to pay [for],” he/she said. Menkeu lays open, technique transfer of pricing or effort pass the buck pays [for] tax by lessening production value doesn't hit easy tax is known.
But, principal as of ldf assessment in taxation system of Indonesia makes excise officer butuh document of supporter which more complete to prove is information given correct WP or uses is assorted technicalness is avoiding is tax. ” With transferring assorted of advantage they are to branchs they beyond the sea causing lessens advantage they here,” he/she said. With existence of the situation, according to Sri Mulyani, not automatically pops out it rich man in Indonesia boosts up setoran tax from WP person.
More than anything else, properties of WP person floodlighted by media a period of entering company properties possession dimilikinya”Tapi is forthright does you read in headline that mass media not di-translate easy to become obligation of pajak,”kata Menkeu. Member Of Commission XI DPR HARRY AZHAR AZIZ tells, principle domiciles is same in law order in Indonesia has not fully runs. He is mensinyalir, there are still people in dimiciling certain of which is difficult touched by law. ( muhammad ma'ruf)
Tuesday, 18/12/2007JAKARTA(SINDO) – Pursues tax for taxpayer ( WP) personal simply do not as easy as imagined, even properties of WP person can be seen with kasatmata.
The Minister of Finance ( Menkeu) Sri Mulyani Indrawati confess not easy to boost up acceptance?receiving of tax from WP person, even starts many admission Indonesian peoples the line of rich man in world. Avoiding technical is tax becoming sophisticated and not easy to proved. ” Pursues forthright individual WP level of its(the difficulty more its(the tinggiMisally is mentioned in magazine Forbes properties of s(he reachs so much triliun,dia will tell that's note mine ( do not property of me),” said Sri Mulyani in Jakarta yesterday.
Even its(the condition is like that, Menkeu affirms, [his] side remain to serious to pursue acceptance?receiving of state from rich man phenomenon in Indonesia. middle Ditjen Pajak corrects observation system to prove behavior of WP avoiding tax. ” Tax Director General is compiling stages;steps to see, proves, then asks correction from body taxpayer to pay [for],” he/she said. Menkeu lays open, technique transfer of pricing or effort pass the buck pays [for] tax by lessening production value doesn't hit easy tax is known.
But, principal as of ldf assessment in taxation system of Indonesia makes excise officer butuh document of supporter which more complete to prove is information given correct WP or uses is assorted technicalness is avoiding is tax. ” With transferring assorted of advantage they are to branchs they beyond the sea causing lessens advantage they here,” he/she said. With existence of the situation, according to Sri Mulyani, not automatically pops out it rich man in Indonesia boosts up setoran tax from WP person.
More than anything else, properties of WP person floodlighted by media a period of entering company properties possession dimilikinya”Tapi is forthright does you read in headline that mass media not di-translate easy to become obligation of pajak,”kata Menkeu. Member Of Commission XI DPR HARRY AZHAR AZIZ tells, principle domiciles is same in law order in Indonesia has not fully runs. He is mensinyalir, there are still people in dimiciling certain of which is difficult touched by law. ( muhammad ma'ruf)
Earth Takes Care Board Of Directors Herald
Earth Takes Care Board Of Directors Herald
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT Earth Resources Tbk still insist acquisition Herald Resources Limited, even gets rejection from the Australian mine company board of directors.
” We would continuously tender acquisition Herald to,” assertive of Investor Relation Bumi Dileep Srivastava when contacted [by] SINDO in Jakarta yesterday. Dileep affirms, despite of rejection from its(the Herald,pihak board of directors would still go forward because offer of the acquisition has been talked with stockholder Herald. ” We would continuously walk until there are decision from its(the saham,”ujar owner. About statement of board of directors Herald telling that Bumi hardly opportunist, Dileep refuse to comment concerning that.
” I do not want to give comment to does they tell Definitive, we will not cancel offer plan of acquisition from Bumi,”jelas him(her. Chairman Herald Resources Limited Terry Allen tells, acquisition bargain from Bumi is not desired by too forces. ” We ask stockholder doesn't take action anything related offer from Bumi until board of directors haves a time discuss offer of tersebut,”ujar Allen, like publicized in situs Herald.
According to him(her, offer from Bumi as step which opportunist, because the project still in process of approval of government of Indonesia. He is concerned with statement of Bumi mentioning if the acquisition happened hence expansion of project of Dairi would more effectively again, because Bumi has unique position in mining area. Herald doesn't know existence of special situation where Bumi will have special position.
Allen says, Herald has had strategic partner, namely Multifarious PT Mined Tbk having 20% share in joint venture at project of Dairi. According to him(her, project of Dairi is main asset for Herald with lead reserve and zinc to 6,6 million tons. Per year, metal which able to be released reachs 1 million tons. Thereby, operation of mining will take place during seven years. In full blast, area of that can yield around 115000 zincs and 60000 lead tons which will make Herald as big producer in base metal business.
Before all, President Earth Director Resources Ari Hudaya tells, [his] side plans acquisition of mining company of Australian, Herald Resources Limited. acquisition value of The company reachs 455 million Australian dollars or around Rp3,73 triliun. ” We have sent formal cash offering letter to Herald, with value 2,25 Australian dollars per share,” he/she said.
According To higher Ari,penawaran of 32% ( premium) from the price of average of share Herald as of last week. Its(the plan, the acquisition will be done child of business, what owned fully, Calipso Investment Pte. Acts as sole financial adviser Bumi is Credit Suisse. Whereas Mallesons Stephen Jaques acts as law consultant Bumi in Australian Ltd.
Further of Ari explains, the offer will give opportunity to the stockholders Herald to realize advantage, more than anything else condition of the price of zinc and lead now stays at decline trend. The acquisition plan will be asked approval from the stockholders, at extraordinary stockholder public meeting ( RUPSLB), January next year. ” Expected, approval from the obtainable stockholders soon,” he said. ( rakhmat baihaqi)
Tuesday, 18/12/2007
JAKARTA(SINDO) – PT Earth Resources Tbk still insist acquisition Herald Resources Limited, even gets rejection from the Australian mine company board of directors.
” We would continuously tender acquisition Herald to,” assertive of Investor Relation Bumi Dileep Srivastava when contacted [by] SINDO in Jakarta yesterday. Dileep affirms, despite of rejection from its(the Herald,pihak board of directors would still go forward because offer of the acquisition has been talked with stockholder Herald. ” We would continuously walk until there are decision from its(the saham,”ujar owner. About statement of board of directors Herald telling that Bumi hardly opportunist, Dileep refuse to comment concerning that.
” I do not want to give comment to does they tell Definitive, we will not cancel offer plan of acquisition from Bumi,”jelas him(her. Chairman Herald Resources Limited Terry Allen tells, acquisition bargain from Bumi is not desired by too forces. ” We ask stockholder doesn't take action anything related offer from Bumi until board of directors haves a time discuss offer of tersebut,”ujar Allen, like publicized in situs Herald.
According to him(her, offer from Bumi as step which opportunist, because the project still in process of approval of government of Indonesia. He is concerned with statement of Bumi mentioning if the acquisition happened hence expansion of project of Dairi would more effectively again, because Bumi has unique position in mining area. Herald doesn't know existence of special situation where Bumi will have special position.
Allen says, Herald has had strategic partner, namely Multifarious PT Mined Tbk having 20% share in joint venture at project of Dairi. According to him(her, project of Dairi is main asset for Herald with lead reserve and zinc to 6,6 million tons. Per year, metal which able to be released reachs 1 million tons. Thereby, operation of mining will take place during seven years. In full blast, area of that can yield around 115000 zincs and 60000 lead tons which will make Herald as big producer in base metal business.
Before all, President Earth Director Resources Ari Hudaya tells, [his] side plans acquisition of mining company of Australian, Herald Resources Limited. acquisition value of The company reachs 455 million Australian dollars or around Rp3,73 triliun. ” We have sent formal cash offering letter to Herald, with value 2,25 Australian dollars per share,” he/she said.
According To higher Ari,penawaran of 32% ( premium) from the price of average of share Herald as of last week. Its(the plan, the acquisition will be done child of business, what owned fully, Calipso Investment Pte. Acts as sole financial adviser Bumi is Credit Suisse. Whereas Mallesons Stephen Jaques acts as law consultant Bumi in Australian Ltd.
Further of Ari explains, the offer will give opportunity to the stockholders Herald to realize advantage, more than anything else condition of the price of zinc and lead now stays at decline trend. The acquisition plan will be asked approval from the stockholders, at extraordinary stockholder public meeting ( RUPSLB), January next year. ” Expected, approval from the obtainable stockholders soon,” he said. ( rakhmat baihaqi)
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