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	<title>Darwin Financial Investing &#187; Economy</title>
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	<link>http://darwin.ws</link>
	<description>Financial Investor Source</description>
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		<title>3 SOEs pay taxes because of cash problems&#039;</title>
		<link>http://darwin.ws/3-soes-pay-taxes-because-of-cash-problems.htm</link>
		<comments>http://darwin.ws/3-soes-pay-taxes-because-of-cash-problems.htm#comments</comments>
		<pubDate>Sun, 30 May 2010 01:06:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance2.webodigy.com/?p=38</guid>
		<description><![CDATA[
Ministry of State Owned Enterprises will make reconciliation and related calculations of tax arrears was announced by the Directorate General of Taxation.
Secretary of the Ministry of SOEs M Said Didu tells us so far there are some who are delinquent state taxes, but some who have completed such obligations.
&#8220;What really tax arrears are three enterprises, [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-39" title="AFA7JK" src="http://febfinance2.webodigy.com/wp-content/uploads/2010/02/tax-199x300.jpg" alt="AFA7JK" width="199" height="300" /></p>
<p>Ministry of State Owned Enterprises will make reconciliation and related calculations of tax arrears was announced by the Directorate General of Taxation.</p>
<p>Secretary of the Ministry of SOEs M Said Didu tells us so far there are some who are delinquent state taxes, but some who have completed such obligations.</p>
<p>&#8220;What really tax arrears are three enterprises, namely PT Merpati Nusantara, PTPN XIV and Djakarta Lloyd. Cash difficulties so that they can not pay taxes. If you pay, the company will go bankrupt, &#8220;he said today.</p>
<p>According to him, Merpati Nusantara is currently in the process of restructuring, while PTPN XIV and Djakarta Lloyd experiencing liquidity problems.</p>
<p>Meanwhile, other companies are still in the stage of the tax dispute resolution is PT Pertamina (Persero) and Semen Tonasa.</p>
<p>&#8220;Semen Tonasa previously been paying taxes, but funds are not paid into the state treasury because of the darkening elements,&#8221; said Said.</p>
<p>To Pertamina, the oil and gas company is also still doing the calculation and the tax dispute resolution stage.</p>
<p>Said Didu said this in response to the announcement mentioned the Directorate General of Taxation which is the largest 100 Delinquent tax with a value of Rp17, 5 billion. Of that amount, some state-owned companies adaah.</p>
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		<item>
		<title>The President immediately form a committee dealing with economic crisis</title>
		<link>http://darwin.ws/the-president-immediately-form-a-committee-dealing-with-economic-crisis.htm</link>
		<comments>http://darwin.ws/the-president-immediately-form-a-committee-dealing-with-economic-crisis.htm#comments</comments>
		<pubDate>Mon, 17 May 2010 00:09:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance2.webodigy.com/?p=35</guid>
		<description><![CDATA[
President Susilo Bambang Yudhoyono said that immediately create a national economic committee that will assist the government to become an institution during the crisis and solutions as a partner when the normal economy.
&#8220;In this time I will form the national economic committee that will assist the government and in the near future we will validate [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-36" title="presidenSBY" src="http://febfinance2.webodigy.com/wp-content/uploads/2010/02/presidenSBY.jpg" alt="presidenSBY" width="200" height="215" /></p>
<p>President Susilo Bambang Yudhoyono said that immediately create a national economic committee that will assist the government to become an institution during the crisis and solutions as a partner when the normal economy.</p>
<p>&#8220;In this time I will form the national economic committee that will assist the government and in the near future we will validate the form and the national economic committee, which of them [members] of the chairman and members of the Chamber of Commerce,&#8221; he said when opening a seminar and exhibition on the theme of food supply World conducted by the Chamber of Commerce and Industry of Indonesia (Kadin) in Jakarta, today.</p>
<p>According to Yudhoyono, the precision of action could be the most effective solution to reduce the impact of the economic crisis that hit Indonesia. That, he continued, based on experience when facing a crisis in 1998 and 2008.</p>
<p>In this case, he continued, Indonesia failed to economic recovery in 1998, so the very long recovery time. Whereas in times of crisis in 2008, according to him, government is more prepared to deal with it so much faster recovery time.</p>
<p>&#8220;Even Indonesia is considered competent to handle crises 2008 &#8211; 2009 so that it can minimize the impact of the crisis on the Indonesian economy.&#8221;</p>
<p>In this case, the Head of State thanked the Chamber of Commerce and other elements that have been shoulder to shoulder with him trying to save the national economy from the crisis.</p>
<p>&#8220;We formed an integrated team [a crisis in 2008], governments, businesses, economists, and even some of the brothers accompanied me to attend G20 summit first in the midst of anxiety and panic at that time, it&#8217;s all history,&#8221; he said again</p>
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		<item>
		<title>Japanese industrial production rose 2.2%</title>
		<link>http://darwin.ws/japanese-industrial-production-rose-2-2.htm</link>
		<comments>http://darwin.ws/japanese-industrial-production-rose-2-2.htm#comments</comments>
		<pubDate>Mon, 17 May 2010 00:09:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance2.webodigy.com/?p=50</guid>
		<description><![CDATA[
Japanese industrial production rose and the unemployment rate fell in December for a suggested continuation of the recovery.
Manufacturing production rose 2.2% from the previous month, less than economists projected. Ministry of Trade reported the unemployment rate fell to 5.1% from 5.2% previously.
Although the production of the rise and fall of unemployment to reduce the pressure [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-51" title="welcome" src="http://febfinance2.webodigy.com/wp-content/uploads/2010/02/welcome-300x150.jpg" alt="welcome" width="300" height="150" /></p>
<p>Japanese industrial production rose and the unemployment rate fell in December for a suggested continuation of the recovery.</p>
<p>Manufacturing production rose 2.2% from the previous month, less than economists projected. Ministry of Trade reported the unemployment rate fell to 5.1% from 5.2% previously.</p>
<p>Although the production of the rise and fall of unemployment to reduce the pressure back to the recession, but the appreciation of the yen and falling prices forced the policy makers continued stimulus package.</p>
<p>High-ranking Bank of Japan is concerned about the appreciation of the yen reached the strongest level in 14 years could affect business sentiment.</p>
<p>&#8220;The number of production and the unemployment rate was memkonfirmasi worst was over. However, improvement is still very small and would decrease the number of unemployed grew slowly,&#8221; said Masamichi Adachi, senior economist at JPMorgan Chase &amp; Co. in Tokyo.</p>
<p>Another government report said household spending rose 2.1% during December from the previous year, higher than economists estimated. This performance contrasts with the previous week of data is recorded retail sales fell 0.3% from a year ago.</p>
<p>Economy increased the number of employees as many as 130,000 in December, the largest increase in 4 month. Sectors that provide the jobs of health, welfare, and education. While the manufacturing and retail sectors provide employment opportunities fewer.</p>
<p>&#8220;Unemployment is up slightly but I can not too optimistic because the whole number not more than 5%. Conditions are still many people who seek work but no lowongannya,&#8221; Yukio Hatoyama said the PM told the press today.</p>
<p>Japanese Diet approved the package yesterday economy 7.2 trillion yen (U.S. $ 80 billion) to boost national economic recovery from the worst recession.</p>
<p>&#8220;At least the worst was over. However, I am still worried about the unemployment rate back up to the highest level,&#8221; said Yoshiki Shinke, Senior economist Dai-Ichi Life Research Institute in Tokyo.</p>
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		<item>
		<title>Improvement of export push industrial growth in China</title>
		<link>http://darwin.ws/improvement-of-export-push-industrial-growth-in-china.htm</link>
		<comments>http://darwin.ws/improvement-of-export-push-industrial-growth-in-china.htm#comments</comments>
		<pubDate>Mon, 03 May 2010 19:11:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance2.webodigy.com/?p=47</guid>
		<description><![CDATA[ China&#8217;s manufacturing industry during January 2010 to grow with the second-fastest rate since 2008 after demand for exports improved, thus helping the country&#8217;s economic recovery.
Federation of Logistics and Purchasing in a statement distributed by electronic mail this day mentions Purchasing Managers Index for December experienced a seasonal adjustment that decreased to 55.8 from 56.6. [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-48" title="china-chinese-exports" src="http://febfinance2.webodigy.com/wp-content/uploads/2010/02/china-chinese-exports-300x188.jpg" alt="china-chinese-exports" width="300" height="188" /> China&#8217;s manufacturing industry during January 2010 to grow with the second-fastest rate since 2008 after demand for exports improved, thus helping the country&#8217;s economic recovery.</p>
<p>Federation of Logistics and Purchasing in a statement distributed by electronic mail this day mentions Purchasing Managers Index for December experienced a seasonal adjustment that decreased to 55.8 from 56.6. Figures above 50 indicate an increase.</p>
<p>JPMorgan Chase &amp; Co. and UBS AG say the production and demand growth slowed, while export demand increases more rapidly. That figure is probably a part of the picture changes and the winter blizzards.</p>
<p>China cut the monetary stimulus in order to limit the risk of inflation and inflate the value of assets in the economy. Nomura Holdings Inc. and predicted inflation surge in asset values will contribute to economic growth of GDP of the country&#8217;s third largest owner in the world.</p>
<p>Investors worried that the central bank will issue the rules at risk for recovery by tightening policy too aggressive. Kekhwatiran it has lowered benchmark stock index Shanghai Composite Index this month.</p>
<p>&#8220;Manufacturing industry growth rate this is a solid growth, consistent with expectations of continued economic momentum,&#8221; said David Cohen, an economist at Action Economics in Singapore. Shanghai stock index down 1.1% at 09.44 o&#8217;clock local time</p>
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		<item>
		<title>Minister of Industry: We&#039;re hard to compete with China Textile</title>
		<link>http://darwin.ws/minister-of-industry-were-hard-to-compete-with-china-textile.htm</link>
		<comments>http://darwin.ws/minister-of-industry-were-hard-to-compete-with-china-textile.htm#comments</comments>
		<pubDate>Sun, 18 Apr 2010 22:35:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance2.webodigy.com/?p=71</guid>
		<description><![CDATA[
Minister of Industry Mohamad S Hidayat, Indonesian textile products admitted difficult to compete with China&#8217;s products cheap. Therefore, the necessary steps to break the ongoing national textile industry can produce efficiently in order to increase competitiveness.
&#8220;We are hard to rival products (textiles) China, especially in terms of relatively low prices,&#8221; he said at the inauguration [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-72" title="2930231p" src="http://febfinance2.webodigy.com/wp-content/uploads/2010/02/2930231p-300x191.jpg" alt="2930231p" width="300" height="191" /><br />
Minister of Industry Mohamad S Hidayat, Indonesian textile products admitted difficult to compete with China&#8217;s products cheap. Therefore, the necessary steps to break the ongoing national textile industry can produce efficiently in order to increase competitiveness.</p>
<p>&#8220;We are hard to rival products (textiles) China, especially in terms of relatively low prices,&#8221; he said at the inauguration of the restructuring program expansion textile machinery and textile products (TPT) in Bandung, West Java, on Sunday (31.1.2010).</p>
<p>He said there were several factors, especially in the field of production and distribution that led to China&#8217;s TPT industry is more competitive now compared to Indonesia. These factors, among others, China has the raw materials of cotton, while 99.5 percent of Indonesia to import cotton to meet the needs of textile raw materials.</p>
<p>In addition, he added, China has a chemical raw material industry dye TPT (Dyestuff) is quite a lot, whereas Indonesia most needs are still imported pigments. Similarly, the supply of textile machinery. China, he said, has a textile machinery industry is quite good, while Indonesia had to import the machine.</p>
<p>&#8220;China has a commercial interest rates are more promising than Indonesia. In addition, China implemented a tax rebate incentives for export industries,&#8221; said Hidayat.</p>
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		<item>
		<title>Cheap Rice Prices Rise Most High</title>
		<link>http://darwin.ws/cheap-rice-prices-rise-most-high.htm</link>
		<comments>http://darwin.ws/cheap-rice-prices-rise-most-high.htm#comments</comments>
		<pubDate>Fri, 02 Apr 2010 07:07:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance3.refishowcase.com/?p=3</guid>
		<description><![CDATA[
The price of rice or rice cheap consumed by small economic communities, which are not voters, aka the original group of people eating, rise above the general increase in rice prices, which consumed the middle and wealthy society. Cheap rice prices are reported during January 2010 increased 8.45 percent from Rp 5604 per kg to [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-4" title="1438508620X285" src="http://febfinance3.refishowcase.com/wp-content/uploads/2010/02/1438508620X285.jpg" alt="1438508620X285" width="620" height="285" /><br />
The price of rice or rice cheap consumed by small economic communities, which are not voters, aka the original group of people eating, rise above the general increase in rice prices, which consumed the middle and wealthy society. Cheap rice prices are reported during January 2010 increased 8.45 percent from Rp 5604 per kg to Rp 6078 per kg.</p>
<p>&#8220;This means the community groups that never promiscuous species eat only rice and stuffed it suffers from rice price increases is higher than rice consuming public,&#8221; said Head of the Central Statistics Agency (BPS), Rusman Heriawan in Jakarta, Monday (1 / 2 / 2010) as a monthly report on inflation, exports, imports, and economic indicators other.</p>
<p>BPS only classify two types of rice in the survey, the general rice and rice price. However, the main data consist of BPS kinds of rice based on the brand, say Ciherang or Cianjur.</p>
<p>Common rice prices during January 2010 was reported up from Rp 6938 per kg in December 2009 to $ 7482 per kilogram, an increase of 7.83 percent. Thus, the increase is lower than the average increase in the price of the cheapest rice consumption of the poor.</p>
<p>Only one of the most appropriate policy to reduce the price of rice consumed by the poor is raski market operations (rice for the poor). &#8220;Because this is a rice consuming public who buy the cheapest price of rice,&#8221; said Rusman.</p>
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		<item>
		<title>Flood Products From China Indonesia</title>
		<link>http://darwin.ws/flood-products-from-china-indonesia.htm</link>
		<comments>http://darwin.ws/flood-products-from-china-indonesia.htm#comments</comments>
		<pubDate>Tue, 16 Mar 2010 15:16:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance3.refishowcase.com/?p=7</guid>
		<description><![CDATA[
implementation of the Asean free trade policies, China or the ASEAN-China Free Trade Agreement (ACFTA) recorded erode Indonesia&#8217;s exports to the U.S. and Japan. On the other hand, the onslaught of imported goods from China to Indonesia surged more.
&#8220;The growth of Indonesian exports to the United States and Japan declined, while imports from China rose,&#8221; [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-8" title="3655513p" src="http://febfinance3.refishowcase.com/wp-content/uploads/2010/02/3655513p.jpg" alt="3655513p" width="442" height="284" /><br />
implementation of the Asean free trade policies, China or the ASEAN-China Free Trade Agreement (ACFTA) recorded erode Indonesia&#8217;s exports to the U.S. and Japan. On the other hand, the onslaught of imported goods from China to Indonesia surged more.</p>
<p>&#8220;The growth of Indonesian exports to the United States and Japan declined, while imports from China rose,&#8221; said Head of the Department of Finance Fiscal Policy Anggito Abimanyu, during a hearing with House Commission XI, at the Parliament Building, Jakarta, Monday (1/2/2010 ).</p>
<p>He explained, free trade has come into force since 2004. Although imports from China rose, but Indonesia&#8217;s exports to China and India also increased. Anggito detailing, in 2004 Indonesia&#8217;s export share to Japan reached 22.3 percent, or down to 16 percent in 2009.</p>
<p>Likewise, exports to the United States is down from 6.9 percent to 6.3 percent in 2009. Exports to China reached 6.5 percent, or up to 9.9 percent in 2009. Likewise, exports to India which rose from 3.1 percent in 2004 to 6.5 percent in 2009.</p>
<p>Meanwhile, in 2004 imports from China reached 8.8 percent in 2009 and then rose to reach 12.1 percent. For imports from Australia decreased from 4.76 percent in 2004 to 3.09 percent in 2009.</p>
<p>U.S. imports also fell from 6.9 to 6.3 percent perseh, Japan from 13.1 percent to 8.7 percent and Europe also fell from 11.5 percent to 8.3 percent. &#8220;Imports fell because they lost to China,&#8221; said Anggito.</p>
<p>However, during the year 2000 to 2008 showed an increase of trade volume and trade balance grew 10 percent who are still there mengindikasian export growth, especially in non-oil sector.</p>
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		<title>End Golden Japanese Economy</title>
		<link>http://darwin.ws/end-golden-japanese-economy.htm</link>
		<comments>http://darwin.ws/end-golden-japanese-economy.htm#comments</comments>
		<pubDate>Mon, 15 Feb 2010 13:43:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance3.refishowcase.com/?p=77</guid>
		<description><![CDATA[
Fleet Japan Airlines (JAL) looks at Haneda Airport, Tokyo, January 15, 2010. Thinning wallet government no longer able to support the airline&#8217;s financial hole that had become a symbol of economic revival that the Rising Sun Country.
Japan Airlines, or JAL, the airline with the largest revenues in Asia, could not resist the financial burden. Management [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-78" title="3661214p" src="http://febfinance3.refishowcase.com/wp-content/uploads/2010/02/3661214p-300x195.jpg" alt="3661214p" width="300" height="195" /><br />
Fleet Japan Airlines (JAL) looks at Haneda Airport, Tokyo, January 15, 2010. Thinning wallet government no longer able to support the airline&#8217;s financial hole that had become a symbol of economic revival that the Rising Sun Country.<br />
Japan Airlines, or JAL, the airline with the largest revenues in Asia, could not resist the financial burden. Management is in shambles for years, operational costs continue to rise, and pension costs are strangling the income is not matched by an increasingly eroded. Tough competition and the slump in passengers suffered JAL adds.</p>
<p>JAL finally declare bankruptcy and ask for legal protection for creditors is not required to auction off assets cheaply to the risk of not having the opportunity to restructure.</p>
<p>JAL has 25 billion dollar debt the U.S. and is the largest bankruptcy in corporate history outside Japan&#8217;s financial companies.</p>
<p>Why? JAL did not properly handled. Under the auspices of the government and the service to the community, JAL also must serve the routes that are not profitable.</p>
<p>JAL also carried away with the support and status as the Japanese flag carrier. This makes so little attention JAL&#8217;s financial performance. His debts little by little into the hill. On the other hand, shrinking assets. Market value for a long time only a small airline equivalent of Croatia.</p>
<p>Of government support for JAL, especially financial aid, making the nearest competitor furious JAL, Nippon Airlines (ANA), which assess the aid to be unfair and JAL JAL should follow the market and face competition.</p>
<p>The Yomiuri Shimbun newspaper reported JAL 151 domestic routes only filled less than 50 percent of passengers. Only 11 of the 99 JAL flights were filled more than 70 percent of passengers. The high cost of treatment at the airport and also hit profits JAL, which was in a position greater than the pole peg.</p>
<p>Began the 1960s, the Japanese Government to concentrate on building a new airport. However, in 1964, even before the construction boom in the airport, fast train appeared. This helped a blow to JAL.</p>
<p>The local and national politicians continue to lobby the government to build airports everywhere. Almost every prefecture of Japan has the airport. Airport to be opened 98 years ago in Shizuoka, about 50 kilometers from Mount Fuji. All airports should be served JAL.</p>
<p>Apart from the burden imposed to JAL, as long as it can still fly JAL. JAL wings can not be separated from the history of Japanese development. Devastated countries in World War II had managed to rise as an Asian tiger. Finally, the economic power of Japan ranked second after the United States.</p>
<p>However, Japanese people are now driving the high productivity of the 1960s had aged. Population growth also fell.</p>
<p>Japanese creativity, to create nonmanufaktur economic base, as well as drag. Japan continued to rely on the economy with its manufacturing base even with high quality. However, China recently became the largest competitor in the manufacturing sector. It is estimated that China&#8217;s economic strength will take second place, displacing Japan in 2020.</p>
<p>For years, Japan suffered deflation that would not go over. When nearly recovered, changing the global crisis hit. Sluggish economic growth, also discourage Japanese passenger flow past a very intense pleasure.</p>
<p>Strong competition from the airlines, both Asia and the U.S., also continued to hit the JAL, which is known safe and expensive.</p>
<p>It is the pride when the Japanese working at JAL. Secure family life, complete, up to benefit a very large pension. However, these benefits also gave birth to the financial problems at JAL.</p>
<p>The hope was there for JAL to exist. Of 134 Japanese companies that declared bankruptcy in 2004 and 2009 period, approximately 50 percent can improve. Only 1.5 percent of bankrupt companies liquidated, according to data from Teikoku Databank.</p>
<p>The companies on average take 1.7 years to get out of the process of restructuring. Maybe after three years of running the restructuring, JAL will be back up victorious.</p>
<p>However, it must be only in the form of a smaller company and no longer able to serve 217 airports in 35 countries and regions. JAL may also not be able to carry 53 million passengers as last year, which as many as 41 million is for domestic routes.</p>
<p>JAL will no longer be the world&#8217;s largest airline, in terms of frequency of regular flights like the past.</p>
<p>Nomura Securities analyst, Makoto Murayama, said JAL is also wrong about the calculation of market potential. ANA is much more professional and take into account competitive market prospects.</p>
<p>JAL had not been financially feasible. Supporting economic giant with an injection of government funds many times. &#8220;Economic giant in the world number two is aging, and aging also the glory of JAL in the air,&#8221; the writing on the news agency Agence France Presse on January 19.</p>
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		<title>Calculating Profit and Loss ASEAN-China FTA</title>
		<link>http://darwin.ws/calculating-profit-and-loss-asean-china-fta.htm</link>
		<comments>http://darwin.ws/calculating-profit-and-loss-asean-china-fta.htm#comments</comments>
		<pubDate>Mon, 08 Feb 2010 01:26:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinance3.refishowcase.com/?p=83</guid>
		<description><![CDATA[
To strengthen and enhance economic cooperation, including trade and investment, ASEAN countries and China agreed to free trade agreements. Ratification of cooperation related stipulated in Presidential Decree No. 48 of 2004.
ASEAN economic cooperation, China is expected to improve the welfare of the people in their respective countries. In order to realize the big dream, agreed [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-84" title="074613p" src="http://febfinance3.refishowcase.com/wp-content/uploads/2010/02/074613p.jpg" alt="074613p" width="298" height="225" /><br />
To strengthen and enhance economic cooperation, including trade and investment, ASEAN countries and China agreed to free trade agreements. Ratification of cooperation related stipulated in Presidential Decree No. 48 of 2004.</p>
<p>ASEAN economic cooperation, China is expected to improve the welfare of the people in their respective countries. In order to realize the big dream, agreed to reduce trade barriers so as to create trade with lower cost. In addition, also agreed to increase trade and intra-regional investment and improve economic efficiency.</p>
<p>Steps to achieve that, among other things, with the progressive elimination of tariff barriers and trade nontarif in all things. Liberalization of trade in goods and services progressively with a significant sector coverage. So, where is the position of the agricultural sector in the ASEAN-China FTA is this?</p>
<p>Free Trade Agreement ASEAN-China (FTA) for the agricultural sector is actually a reaction to the breakdown of negotiations related to the liberalization of the agricultural sector in the World Trade Organization (WTO).</p>
<p>It is difficult for Indonesia to reject this free trade agreement. Denial will only make isolated from Indonesia regional trade stage. On the other hand, reject the ASEAN-China FTA is not automatically going to make a strong domestic economy.</p>
<p>Without accepting the ASEAN-China FTA too, would be inundated Indonesia imported products from China, which entered through the ASEAN countries other, which previously had been tied to regional cooperation.</p>
<p>Meanwhile, when Indonesia was involved in the ASEAN-China FTA, also not without problems. Indonesia, with 230 million inhabitants, is a very big market for commodities and products in China. Prior to the ASEAN-China FTA implemented, various products from China are flooding the Indonesian domestic market.</p>
<p>Many Indonesian commodities and products that are difficult to compete with imported products from China. In fact, the industry producing these products, as well as the cultivation of agricultural commodities, become the foundation of life of millions of people of Indonesia.</p>
<p>As a nation, Indonesia did not need to lose heart against this wave of free trade as long as all the &#8220;homework&#8221; that is, since the ratification was signed in 2004, done and done well. That homework is to increase capacity and production quality so that the competitiveness of commodities and products of Indonesia increased.</p>
<p>Minister of Agriculture Suswono states, the ASEAN-China FTA is a policy that was agreed upon. Therefore, a better effort when faced with increased capacity, production, and quality of Indonesian agricultural commodities. This was necessary because Indonesia can not survive forever strategy. Sooner or later, free trade will happen.</p>
<p>Therefore, the government will encourage greater export competitiveness of superior agricultural products, such as oil palm, rubber, chocolate, mangosteen, salak, pineapple, and other horticultural commodities.</p>
<p>For plantation subsector, perhaps Indonesia does not need to worry. Balance of trade in Indonesian plantation products-China post-EHP (early harvest program / acceleration of the reduction or elimination of tariffs) is positive and rising.</p>
<p>In the year 2004 the trade balance of plantation products-China Indonesia surplus only 763.63 million U.S. dollars, year 2008 rose by almost three-fold to 2.757 billion U.S. dollars.</p>
<p>According to the Director General of Processing and Marketing of Agricultural Products Ministry of Agriculture Dennis Bacharuddin, from 20 main agricultural commodities exported to China, Indonesia, dominated by plantation commodities. Commodities in the form of primary commodities or processed products.</p>
<p>Plantation commodities that dominate Indonesia&#8217;s exports are palm oil, palm kernel oil, rubber, SIR 20, a rubber sheet, oil, copra, cocoa and half-broken broken, polybutadiene styrene rubber (SBR), margarine rather than canned, with a mixture of ammonia rubber, rubber with a mixture silica, as well as roasted coffee does not contain caffeine.</p>
<p>Blow</p>
<p>In contrast to the plantation, food crops, horticulture, and livestock instead faced a serious challenge. Yet these subsectors become the foundation of life most of the people of Indonesia.</p>
<p>Balance of trade in food crops in Indonesia, China 2004 deficit of 43.031 million U.S. dollars. In 2008 the deficit ballooned to U.S. $ 109.531 million.</p>
<p>Horticultural commodity trade balance deficit of U.S. $ 150.282 million (2004) and the 2008 deficit of U.S. $ 434.403 million. The livestock commodity trade balance deficit in 2004 U.S. dollars 7.798 million, and in 2008 became a deficit 17.948 million U.S. dollars.</p>
<p>Although the aggregate trade balance surplus in Indonesia increased, it does not necessarily encourage greater welfare of Indonesian society. Moreover, the three sub-sectors of the hangers having lived the majority of the blows.</p>
<p>Ministry of Agriculture data show, in 2009 the amount of labor in plantation sub-sector is only 19.7 million people or 45.7 percent of total agricultural labor force.</p>
<p>Of the 19.7 million people, only about 8 million people are absorbed in the oil palm and rubber. The rest of the other plantation commodities. Oil palm and rubber plantations cultivated more large, both state and private property.</p>
<p>As for food crops, horticulture, and livestock to absorb more than 30 million workers. Thus, errors in conducting the governance of three subsectors of agriculture that will directly mengimbas on economy joints masses.</p>
<p>Therefore, it is time the government made major steps to accelerate the development of the agricultural sector at any cost. Without the free trade of ASEAN-China will become the gate only the misery of the people.</p>
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		<title>The world&#8217;s largest, China left the U.S. Economy</title>
		<link>http://darwin.ws/the-worlds-largest-china-left-the-u-s-economy.htm</link>
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		<pubDate>Thu, 21 Jan 2010 07:01:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

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		<description><![CDATA[LONDON &#8211; China&#8217;s economy is predicted to overtake the United States (U.S.) to become the largest economy in the world in 2020. The research revealed that the leading business consultant underlines the existence of &#8220;seismic change&#8221; in global economic power.
PriceWaterhouseCoopers (PWC) also said, in his report that in 2030 there are 10 states which accompany [...]]]></description>
			<content:encoded><![CDATA[<p>LONDON &#8211; China&#8217;s economy is predicted to overtake the United States (U.S.) to become the largest economy in the world in 2020. The research revealed that the leading business consultant underlines the existence of &#8220;seismic change&#8221; in global economic power.</p>
<p>PriceWaterhouseCoopers (PWC) also said, in his report that in 2030 there are 10 states which accompany the world economy of China, the United States (U.S.), India, Japan, Brazil, Russia, Germany, Mexico, France, and England.</p>
<p>The 10 countries with the largest economy today, according to the data that was launched in 2008 from the International Monetary Fund (IMF), namely the U.S., Japan, China, Germany, France, England, Italy, Russia, Spain, and Brazil.</p>
<p>&#8220;These projects show that China could become the world&#8217;s largest economy by 2020 and likely will be some steps taken by the U.S. in 2030,&#8221; said the head of macroeconomics at PWC, John Hawksworth, as quoted by AFP on Thursday (21/1/2010 ).</p>
<p>Hawksworth added that after the period of 2020, India could grow faster than China. In addition, India also will move quickly to the top ranking for gross domestic product (GDP) global. Acceleration is more because India is a country with a population that&#8217;s growing faster than China.</p>
<p>This report also shows, increasing the share of global GDP taken by China and India, compared with the U.S. and the EU. The proportion in 2010 would be 20 percent for the United States, 21 percent for the European Union, 13 percent for China, and five percent for India.</p>
<p>Nevertheless, in 2030 the percentage will change to 16 percent for the United States, 15 percent for the European Union, 19 percent for China, and nine percent for India.</p>
<p>Chief global economist for U.S. investment bank Goldman Sachs, Jim O&#8217;Neill predicted on last November that China will overtake the U.S. in 2027, 14 years earlier than previous predictions of Goldman Sachs in 2041.</p>
<p>O&#8217;Neill coined the term &#8220;BRICs&#8221; which refers to four emerging market countries like Brazil, Russia, India, and China which has formed an informal group to discuss global issues and economic policy.</p>
<p>Group of developing countries in the G20 then gradually take over the traditional G7 group consisting of England, Canada, France, Germany, Italy, Japan and the U.S. as the main forum of economic talks.</p>
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