“Increase in Electricity Basic Tariff (TDL) for 10 percent of which will be subject to public middle to upper will trigger an interest rate (BI Rate) of Bank Indonesia increased by about 0.25 percent to 0.50 percent by the end of this year,” he said after the signing cooperation between NISP, OCBC Bank and Hana Bank in Jakarta, Monday (06/21/2010).

According Pramukti, an increase in TDL were indeed unavoidable in addition to improving performance, PLN will also fix the electrical pipes worn. “But the increase would trigger a TDL in the domestic inflation rate increases. The increase in the rate of inflation is expected to trigger the BI Rate was also strengthened,” he said.

If the increase in the rate of inflation is not so large, he added, the BI Rate is expected to be still at the level of 6.5 percent. “We expect the BI was still at 6.5 percent level, so that bank lending rates which currently range from 11 percent to 12 percent will still survive,” he said.

But if the inflation rate increased quite high, it will also push BI rate moves up and also sparked increased interest bank loans. “The increase in bank credit interest is estimated that only about 0.25 percent to 0.50 percent,” he said.

Pramukti Surjaudaja said, the increase in bank lending rates is estimated to hard to resist, but the increase was probably not immediately. “Banks will adjust it if it costs increase operational costs tend to increase,” he said.

Meanwhile, President Director of PT OCBC NISP, Parvati Surjaudaja said the government would be hard to avoid the rate increase TDL, although the cause of pros and cons. “We believe governments have their own policies on increase in TDL that, although done in a very heavy,” he said.

- Finance Ministry data showed the country had a surplus of USD 60.3 trillion by the end the first half of 2010.

According to ministry records as of June 15, 2010, obtained from the realization of surplus state revenues and grants amounted to Rp 386.7 trillion and state expenditures amounted to Rp 326.3 trillion. This was conveyed by the Director General of State Treasury in the ministries Heri Purnomo, Monday (06/21/2010).

Figures obtained from the realization of this surplus revenue amounted to 38.97 percent and government spending still amounted to 28.9 percent. Compared to the percentage last year, a surplus of only Rp 11.7 trillion from the realization of revenue and grants amounted to 38 percent and state spending by 31.9 percent. “So in terms of actual nominal bigger though because the ceiling of his presentation smaller larger now,” he said.

New domestic revenues realized by 39 percent or Rp 386.5 trillion and grants amounting to 88 percent or USD 167.3 billion. Meanwhile, Heri said the realization of state expenditure has reached Rp 326.3 trillion.

The details: 84 732 ATM cards cards growth or increased 2.36 percent compared to the position in March 2010, from 3.60 million to 3.68 million cards cards. As for debit cards grew from 42.28 million 495 517 cards in the card in March 2010 to 42.78 million cards.

Nevertheless, the value of an ATM card transactions and debit card declined. ATM card declined 4.23 percent amounting to Rp 134.87 billion. As of March 2010, the value of an ATM card transactions is still USD 3.19 trillion. However, in April 2010 the transaction value to Rp 3.05 trillion. While the value of debit card transactions slumped 4.58 percent, or Rp 7.24 trillion, from Rp 158.2 trillion to Rp 150.97 trillion.

Currently, there are 89 ATM and debit card issuers that consists of 47 bank issuing the ATM card and debit card issuing bank 42. As of March 31, 2010, three new ATM card issuer, namely the People’s Credit Bank (BPR) Danagung Abadi, PT BPR Danagung Ramulti, and PT BPR Danagung Bakti.

Thick 100-page book contains four chapters consist of macroeconomic conditions and the real sector, financial sector, infrastructure finance and risk mitigation, and the prospects for Indonesia’s financial system.

BI Deputy Governor Muliaman D Hadad said in the preface of the book world economy already showing signs of recovery yet the global crisis still has not fully ended.

In fact, he continued, in recent time new problems arise internationally among other diYunani fiscal crisis.

Described the turmoil in the international economy could soon spread and influential to the Indonesian economy. “High vigilance Karenaitu keuagan sector need to watch and be maintained,” he said.

Financial System Stability Bureau Chief BI Womboh Santoso said all systems on the condition of the economy, particularly the latest situation in the financial system and the prediction of the future are shown in this book. “This way we conduct surveillance. To do the analysis and see what needs to be aware of the future. We see the macro economy. The extent to which the exchange rate and not harmful,” he said.

In this book described a number of data and facts, especially about the condition of the ground water banking as a case of fraud at the ATM cards and ATM / Debit, credit card risk mitigation, funding and liquidity risk, interbank money market (interbank money market), capital, capital markets, insurance performance , and so forth. This book is not traded but used only for academic study

That, after delivering a lecture he had his financial management Financial Management at the National Seminar and Workshop in Regional Inter-Regional Cooperation in Purwokerto, Banyumas district, Thursday (6/10/2010). “This amount is still high, and still must continue to be improved,” he said.

Arising says, there are two main problems that caused the financial reporting area is still bad. The first problem, the human resources that deal with financial management in most local governments are not handled by professionals. The second problem, recording regional asset still less attention of local government.

“In fact one of the causes destruction of local balance is due to assets that do not properly recorded,” he said.

Ministry of Manpower and Transmigration RI and IMM Japan today,  approved the amendment to the implementation of the memorandum of understanding to Japan apprenticeship program, the office of the Ministry of Manpower and Transmigration, Jakarta. The signing of a Memorandum of Understanding amendments made by the Minister of Manpower and Transmigration Muhaimin Iskandar and President of IMM Japan Kyoe Yanagisawa.

According to the minister Muhaimin Iskandar, the implementation of cooperation programs in Japan apprenticeship actually been going on for about 17 years. However, as changes to employment regulations and conditions of the Japanese economy today is an amendment to the memorandum of understanding which already exists.

“We Japanese have the Employment Act so that the new memorandum of understanding that already exists also require adjustments and amendments. Well, today, a new memorandum of understanding was signed,” he explained.

Minister added, Employment Act new Japanese better. “Laws that put workers in Indonesia a better position with the same rights as Japanese workers. Some Japanese companies also raised the current standard of wages of interns from Indonesia,” he said.

For information, apprenticeship program to Japan have been conducted since 1993 up to December 2009 and has managed to dispatch as many as 29,587 interns from Indonesia to Japan. Meanwhile, the current workers who still run apprenticeship programs in Japan amounted to 5668 people.

Apprenticeship program, held in Japan for 3 years. The Indonesian trainee placed in various companies spread in Japan with approximately 56 areas of work, especially in the field of manufacturing industry.

Oversea-Chinese Banking Corporation Limited (OCBC Bank) officially completed the acquisition of ING Asia Private Bank Limited and its subsidiaries (IAPB) based in Singapore with an investment of around U.S. $ 1.45 million or $ 2.02 Sin million.

With the completion of the acquisition process, the IAPB now renamed Bank of Singapore Limited (the Bank of Singapore), officially became a subsidiary wholly owned by OCBC Bank.

Bank of Singapore will be led by Renato (Bing) de Guzman, who previously also served as CEO IAPB. All the Private Banking business activities IAPB and OCBC Bank will be merged and operate as Bank of Singapore.

Thus the Bank of Singapore will become a leading Private Banking in Asia which has more than 7.000 customers with total customer funds managed some U.S. $ 23 billion. This reinforces a unique position as the only Private Banking, headquartered in Singapore.

David Conner, CEO of OCBC Bank said the success of this acquisition marks an important milestone in our private banking activities. With increasing scale, will bring significant benefits both for customers IAPB Private Banking and OCBC.

“We are committed to continue investing in Private Banking business and provide services which better meet the needs of our customer’s high networth,” said David Conner, CEO of OCBC Bank in a press release yesterday.

Renato (Bing) de Guzman, CEO of Bank of Singapore, said he believed Bank of Singapore will continue to grow and reach a huge market today or in the future.

“We will always focus to attract some of the best Private Banking employees of existing and new to achieve long-term growth and professional development, as part of the OCBC Group.”

OCBC Bank, founded in 1912 and is a financial group by assets, the second largest in Southeast Asia. OCBC Bank have a long-term credit ratings of Aa1 from Moody’s.

OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and China. Having a network of more than 490 branches and representative offices in 15 countries and regions, including 390 branches and offices in Indonesia operated by OCBC Bank NISP as subsidiaries.

OCBC Bank’s subsidiary engaged in the Great Eastern Insurance Holdings, while other subsidiaries engaged in asset management services, Lion Global Investors, is one of the largest asset management companies in Southeast Asia.

Sri Mulyani explained that the program setting the salaries of state officials have been discussed with the Ministry of Administrative Reform (PAN) and the House of Representatives (DPR). However, Finance Minister did not explain when the discussion was conducted.

“Have you ever discussed about the arrangement, but it all until today not been implemented,” Sri Mulyani said after accompanying the President in the event Feed the World, hosted Chamber of Commerce, Friday (29/1/2010).

The reason, because there are still some things that have not been resolved. Unfortunately, Sri Mulyani reluctant to explain in more detail what the reason. However, Ministry of Finance to ensure that no salary increase plan. “There is no raise, just calm down,” said Sri Mulyani.

Sri Mulyani added, together with the Ministry of PAN has surveyed all state officials, among others, the ministers, Chairman of the House of Representatives, Chairman of the DPD, Chairman of the Assembly, governors, regents / mayor, the Chief Justice, and Chief Justice Kosntitusi. According to Sri Mulyani, the survey was conducted to see equality and balance of each officer in carrying out their duties and functions.

“What I do with that time Minister of PAN is made of scenarios to create a harmony,” he said.

Earlier, Chairman of the House Budget Harry Azhar Azis admitted that the Parliament and government have agreed to raise the state officials. Big budget allocated Rp 158 trillion

Mega Launch Corporate Card is done first at the Ritz-Carlton, Mega Kuningan, Jakarta, Thursday (28/1/10) by the Director of Retail Thayib Kostaman Bank Mega. Present a number of CEO and chairman of the leading companies in Indonesia.

The presence of Mega Corporate Card in addition to a backdrop of a very high potential in the corporate market, diversification of credit card products, optimize the bank’s risk management, and also to increase the sales volume of credit card Bank Mega. Until the end of December 2009, the performance of Mega Bank credit cards has reached 650,734 cards, up 33 percent compared to the same month in 2008, the 491,835 cards.

In this launch, Vikram Kshettry, Director, Business Development Commercial Solutions, Asia Pacific business and explain the system Visa International credit cards, while Chris Pok, Commercial Manager of Indonesia – Singapore Airlines to explain corporate programs.

According to Kostaman, as new products, Mega Corporate Card targeting large corporate market and are in daily medium dominated by transactions which require high-speed and urgenitas.

Therefore, Mega Corporate Card is designed with features that provide superior comfort not only trade, but for a dynamic individual card is also equipped with facilities and special offers to meet the needs of professionals.

Corporate credit card was launched considering the business world increasingly demanding flexibility especially in terms of answering the needs of travel and entertainment business is currently moving toward globalization. Many companies need the right solutions, effective and efficient not only to facilitate the monitoring functions for the company officials who travel a lot or lots posted outside the office, but also the speed and ease of doing these activities.

One of the banking facilities which are generally used in conducting official business trips in / out of the country is a credit card

There are two types of credit cards that give the Central Mega Corporate Accounts; Virtual Card, which the company provided only numbers without the physical card account and is generally used to make transactions of a general nature for the company, such as payments for procurement, vendor, and routine bills.

Also Mega Corporate Card, Corporate cards given to individuals based on the company’s request, such as for the cost of official travel, client entertainment.

“Yes, if the data distribution of foreign bank loans down his usual stuff.’s Seasional, so volatile,” he said, after a press conference launching Priority Banking, at Hotel Mulia Jakarta, Wednesday (27/1/2010).

Known, foreign bank loans from 2009 until early October 2009 the position (year to date) decreased by 18.1 percent. Since early 2009, the distribution of credit from foreign banks fell 18.1 percent from Rp 115.5 trillion to Rp 97.8 trillion. The decline is supported by the decrease in foreign currency loans fell 36.7 percent from Rp 65.6 trillion to Rp 48.1 trillion.

So was what happened from September to the position in October 2009. Credit forex foreign banks fell 4.6 percent from Rp 50.2 trillion to Rp 48.1 trillion. And the credit of the rupiah currency rose just 2.1 percent thinner than Rp 48.7 trillion to Rp 49.7 trillion.

Lani said, credit growth continued to decline due to interest customers who experienced a decline. “Most of them much more needs to pay employee salaries, school fees, and so on,” said an example.