The International Monetary Fund (IMF) to reduce market concerns about the risks of China’s growth directly because of Beijing to tighten liquidity in the middle of the spiraling inflation and a high record of bank loans.

Latest World Economic Outlook, released Tuesday (26/1/2010), based in Washington, said the growing economies of Asia is forecast to grow an average 8.4 percent this year and also in 2011 compared to 6.5 percent in 2009.

China, the traditional drivers of global growth, may send a 10 percent growth this year, the IMF said, increasing 1 percentage point from 9.0 percent projection made in October.

However, the IMF said economic growth in the country’s most densely populated in the world could be slowed down 9.7 percent next year. China’s economy grew 8.7 percent in 2009.

Gross domestic product (GDP) of China, the square footage of the output of goods and
services of a state, return to double-digit growth in the quarter-IV in 2009 in the position of 10.7 percent, China’s authorities said last week.

The speed that exceeded the government target of 8 percent, a level considered essential to create employment and prevent social unrest in China’s urban population of 1.3 billion people.

But rising inflation, along with government surveillance on the bank loans and increase borrowing costs, has maintained a nervous market in recent weeks on fears that China’s economic slowdown could reduce the global recovery.

Jorg Decressin, Head of World Economic Studies Division, IMF, despite the risk directly in China, in a media briefing after the release of the report. “There is no serious risk of a market bubble,” he said.

IMF says, “developing countries in Asia, leading major global recovery” because this region became the first to recover from the global decline from the worst financial crisis in decades. “India is expected to join with China in providing impetus for growth in Asia this year and in 2011,” the IMF said.

India will be recorded a 7.7 percent growth in 2010, he said, revised up 1.3 percentage points the previous estimates.

Japanese balance to come up with 1.7 percent growth in 2010, unchanged from the last estimate, after a sharp contraction of 5.3 percent last year, the IMF said, adding that Asia’s richest economy could accelerate to 2.2 percent growth next year.

The IMF also said that ASEAN economies with the backbone consisting of Indonesia, Malaysia, Philippines, Singapore, and Thailand is forecast to grow slightly better on average 4.7 percent in 2010 from 1.3 percent last year.

Projected growth in Asia is on the developing world for economies around 6 percent in 2010 after 2 percent last year.

IMF saw output more quickly in 2010 to develop the world economy. “Framework for a strong economy and a rapid response policy has been helping many developing countries cushion the impact of external shocks that had never happened before and quickly pulled back the flow of capital,” he said.

From documents obtained by Bloomberg, Monday (25/1/2010) local time, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley “only” give bonuses to their executives for U.S. $ 39.93 billion.

This figure is lower than the total bonus in the quarter-IV in 2007, which became a record, which is 44.7 billion U.S. dollars. This figure is also lower than estimates of five analysts surveyed by Bloomberg yesterday, which predict the number 46.1 billion U.S. dollars. In fact, a lower figure of about 10 billion U.S. dollars of analyst predictions in October 2009.

Only, the total annual bonus firms on Wall Street remained higher than in 2008. To quote the Wall Street Journal, the total bonus of 38 companies digelontorkan on Wall Street in 2009 reached 145 billion U.S. dollars. This figure is 18 percent higher than the total bonus for 2008 of 123.4 billion U.S. dollars and 6 percent higher than the 2007 bonus year for 137 billion U.S. dollars.

JP Morgan himself will give a bonus for the year 2009 of 9.33 billion U.S. dollars, up 18 percent from a year ago. Meanwhile, Goldman Sachs will provide a bonus U.S. $ 16.2 billion and Morgan Stanley shares 14.4 billion U.S. dollars.

There is a decrease in bonuses to earnings ratio, from 40 percent in 2007 to 32 percent in 2009. The reason, the total revenue in the Wall Street firms also jumped to around 450 billion U.S. dollars, up 25 percent from the year 2007.

Government pressure

For the second time this week President Barack Obama said that the bonuses of Wall Street firms as disgusting. Managing Director of Goldman David Viniar defend themselves. He said the bonus is a step the company a fair balancing facilities for employees to be loyal to the company.

Just so you know, even though the allocation of bonus three Wall Street firms last year’s lower figure is still six times higher than the average income of U.S. households are only 50,303 U.S. dollars per year. While every worker in the three companies will receive U.S. $ 336,843 bonus.

In fact, Wall Street Journal calculates, the total Wall Street bonus in 2009 is greater than the total gross domestic product (GDP) of the world’s poorest 58 countries and combined GDP equal to Egypt and Singapore. The figure was also 20 times larger than the GDP of Haiti, the new poor countries hit by massive earthquake.

This was conveyed Director General of Electricity and Energy Utilization of the Ministry of Energy and Mineral Resources J. Purwono, Friday (29/1/2010), when found in the Ministry of Energy and Mineral Resources Building, Jakarta.

According to him, the investment funds needed for accelerated development of power generation using renewable energy, coal and gas and associated transmission estimated for 16.343 billion U.S. dollars.

With details, consisting of investment fund for power generation 15.96 billion U.S. dollars and transmission of electricity for 383 million U.S. dollars.

Related capacity, location of power plants and related transmission of 10,000 MW acceleration program phase II is set forth in the Regulation of the Minister of Energy and Mineral Resources. In this ministerial regulation, the composition of primary energy for power generation that will be developed until the year 2014 was 39 percent geothermal, 12 per cent water, 33 percent coal, and gas 16 percent.

Total estimated power generation capacity to be developed is for 10,153 Mega Watt, which consists of 5770 MW (57 percent) located in the electrical system of Java-Madura-Bali and the 4383 MW (43 percent) located outside the electrical system of Java-Madura-Bali .

Of the total capacity for it, planned to be implemented by PLN 5118 MW (50 percent), and through cooperation between PT PLN and private power developers trading scheme 5035 MW of electricity (50 percent). “Primary energy and coal for power generation is still needed to provide for the necessary electric power,” he said.

But pelaksanananya must use environmentally friendly technologies in accordance with statutory regulations. With regard to the development of renewable energy power plants, the government will encourage and give priority in their utilization.

Transmission-related acceleration of building that is planned to be built is the transmission voltage 500 kV, 275 kV, 150 kV and 70 kV with a total estimated length of the network is 3490 kms. Estimate the total length of the network, 816 kms (23 percent) was built on the electrical system of Java-Madura-Bali, and along the 2674 kms (77 percent) was built on the outside of electrical systems Java-Madura-Bali.

In a presidential decree number 4 in 2010, the composition of primary energy for electric power developed tricks that will no longer be dominated by coal, but the opportunity to encourage the utilization of renewable energy such as geothermal and water, in addition to non-fossil energy are natural gas another.

Related development officials, the president’s legislation, implementation of the accelerated development of power generation is carried out through government assignment to PT PLN, and through cooperation between PT PLN and private power developers with the scheme of electricity trading. In terms of security, the government guarantees the business feasibility according PLN statutory rules.

“This year the Government of China has set aside grants to invest in Indonesia for Rp 1,000 trillion, including capital investment plans to Sulbar,” said Governor Anwar Adnan Saleh.

Anwar revealed, for the Province Sulbar, prospective investors from the Bamboo Curtain country also has set aside earlier for the construction of Port Belang-Belang in Mamuju and several other areas.

“We hope, plan cooperative relationship in terms of investment for the development of China-Belang Belang Harbor may well be realized, in order to accelerate regional development, which until now is still lagging behind other regions,” he said.

The port will make the business world in Sulbar thrive, including economic improvement and the alleviation of unemployment in this area.

“If investors come in, so I’m sure the labor absorptive capacity that will be needed to reach thousands of people. This means, we have made cuts in unemployment,” he said.

Entry of potential investors is also a follow-up of the program of National Development Planning Agency (Bappenas) to increase the investment in the country.

“This year the central government is concentrating on improving the investment world to attract investors into the area, to optimize the potential of natural tergarap not optimal,” he said.

China is one of the few countries in the world that currently has the largest reserves in the world.

“China is currently investing heavily to Indonesia as two other Asian countries, like Japan and Korea, weakened. However, the cooperation of any investor will remain as long as we interlace to repair and improve people’s welfare,” he added.

Economic Coordinating Minister Hatta Rajasa expressed it in Jakarta, Friday (29/1/2010).

In their presentation of the development program of government 100 days until January 28, 2010 mentioned, until recently, government regulations have not set up to use products that will produce gas. In fact, the government intends to CBM (coal bed methane / other titles from coal methane gas) can be used to cover domestic needs, including for the LPG conversion of kerosene to gas.

CBM exploitation activities are not all the same with business activities of conventional oil and gas. Thus, the road map that will be made for the period 2009-2025 the government will guide the future use of CBM.

When signing a contract with British Petroleum concession in East Kalimantan, a few days ago, revealed that investors expect the produced CBM will be included in the transmission network of LNG starting in 2012, which means directly into the market. “We will push this CBM as a source of new gas supplies. The difference with the other gas, CBM has a methane content higher,” said Hatta.

From documents obtained by Bloomberg, Monday (25/1/2010) local time, Goldman Sachs Group Inc., JPMorgan Chase & Co.. and Morgan Stanley “only” give bonuses to their executives for U.S. $ 39.93 billion.

This figure is lower than the total bonus in the quarter-IV in 2007, which became a record, which is 44.7 billion U.S. dollars. This figure is also lower than estimates of five analysts surveyed by Bloomberg yesterday, which predict the number 46.1 billion U.S. dollars. In fact, a lower figure of about 10 billion U.S. dollars of analyst predictions in October 2009.

Only, the total annual bonus firms on Wall Street remained higher than in 2008. To quote the Wall Street Journal, the total bonus of 38 companies digelontorkan on Wall Street in 2009 reached 145 billion U.S. dollars. This figure is 18 percent higher than the total bonus for 2008 of 123.4 billion U.S. dollars and 6 percent higher than the 2007 bonus year for 137 billion U.S. dollars.

JP Morgan himself will give a bonus for the year 2009 of 9:33 billion U.S. dollars, up 18 percent from a year ago. Meanwhile, Goldman Sachs will provide a bonus of U.S. $ 16.2 billion and Morgan Stanley shares 14.4 billion U.S. dollars.

There is a decrease in bonuses to earnings ratio, from 40 percent in 2007 to 32 percent in 2009. The reason, the total revenue in the Wall Street firms also Jumped to around 450 billion U.S. dollars, up 25 percent from the year 2007.

Government pressure

For the second time this week President Barack Obama said that the bonuses of Wall Street firms as disgusting. Managing Director of Goldman David Viniar Defend themselves. He said the bonus is a step the company a fair balancing of facilities for employees to be loyal to the company.

Just so you know, even though the allocation of bonus three Wall Street firms last year’s lower figure is still six times higher than the average income of U.S. households are only 50.303 U.S. dollars per year. While every worker in the three companies will receive U.S. $ 336,843 bonus.

In fact, the Wall Street Journal calculates, the total Wall Street bonus in 2009 is greater than the total gross domestic product (GDP) of the World’s Poorest 58 countries and combined GDP equal to Egypt and Singapore. The figure was also 20 times larger than the GDP of Haiti, the new poor countries hit by massive earthquake.

“This is the highest exports in Indonesian history.’ve Never reached the top 13.33 billion,” said Head Statistics Rusman Heriawan during a press conference at the BPS Office, Jakarta, Monday (1/2/2010).

According Rusman, December exports soaring because the contribution of export value of some commodity vegetable oil, copper, and coal. “Three things that are helping our exports and almost all export destination countries increase exports to December,” Rusman said.

The increased value of exports in December, according to Rusman, is a signal that the world economic recovery of Indonesia’s export surged along with the ability to buy a subscription that country also increased. Increasing exports is caused also by the non-oil exports increased by 28.30 percent and increased exports of oil and gas, although only 7.07 percent compared to November 2009