Darwin Financial Investing

Department of Finance to apply early warning system or an early warning system via mobile phone among the echelon I. This is done to facilitate the coordination process in the event something that endanger national fiscal security.

In this system, described the current market conditions online. This system is also equipped with instruments such as speedometer and lights signal red, yellow, and green as an indicator of current market conditions.

“So, there rupiah, composite stock price index, gold prices, foreign exchange reserves, oil prices and so on. Later when it’s dangerous conditions, the light will be red. It was green all but gold,” he explained.

This system seems to attract the attention of the members of the House. Deputy House Commission XI Melchias Marcus Mekeng even requested that members of the House is also equipped with this system. “Well, this is good, too Mr. Anggito, we members of Parliament have also nih,” Mekeng said jokingly.

Hearing that, Anggito explained that this application does not absorb the cost and practical. “Practical, Pak. Perhaps members of the House should also yes sir,” he said

admin | finance | 05 3rd, 2010 | No Comments »

The number of wealthy people who have assets of more than 100,000 U.S. dollars in Indonesia is estimated to be increased to 400,000 people in 2012 compared to the current that reaches 300,000 people.

This was conveyed Foo Mee Har, as Global Head Premium Banking Standard Chartered, the news conference, at the Hotel Mulia, Jakarta, Wednesday (27/1/2010). Har Mee says, this is a rich market for the service Priority Banking, Standard Chartered products newly launched today.

“Planned development of Standard Chartered Bank aggressively in Indonesia, where over 300,000 people around Indonesia has assets of more than 100,000 U.S. dollars,” said Mee Har.

Actually Priority Banking service has long been offered by Standard Chartered. However, today re-launched with a variety of innovations on offer. This service is provided to upper-class segment which has assets of at least Rp 500 million.

Country Head of Consumer Banking of Standard Chartered Lani Darmawan explained, there are three priorities that offer these products, namely the priority service, priority benefits, and priority solutions. “We will improve services for priority service our customers,” said Lani.

Lani example, customers will be getting various facilities, such as having access to 200 exclusive priority banking centers around the world with an internal funds transfer services, emergency cash, free ATM access abroad, and foreign currency exchange rate with special rates.

In addition, customers can also enjoy the rewards points when trading both within and outside the country, as well as additional reward points on every purchase of additional banking products at Standard Chartered. Not only that, customers also enjoy priority service at five golfing golf club in Indonesia and access to 200 golf clubs around the world. Customers can also enjoy an exclusive lounge at various international airports around the world with a special fee, and various other services.

admin | Company Info | 05 3rd, 2010 | No Comments »

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.

admin | Bank | 04 26th, 2010 | No Comments »

The price of gold in the spot market this morning was recorded at the position of U.S. $ 1081.89 per ounce, down from the level last weekend at U.S. $ 1083.10 per ounce.

Meanwhile, from Singapore reported contract price of gold rose triggered speculation decreased to the lowest level in 3 months attract more investors.

Gold for immediate delivery rose 0.3% to U.S. $ 1084.36 per ounce at 8:21 pm in Singapore. Precious metal prices touched the lowest level since 3 November 2009 at U.S. $ 1073.85 per ounce on January 28. February gold contract on the position of moving thin U.S. $ 1084.30 per ounce.

Gold usually moves opposite to the U.S. dollar, in which the precious metal declined in the second month as the dollar rallied 2% against six major currencies basketball.

The dollar traded near the highest position of 7 months against the euro as an indication of the world’s largest economy gained momentum to raise the demand for U.S. assets.

U.S. dollar at the level of U.S. $ 1.3864 per euro in Tokyo from U.S. $ 1.3863 in New York on 29 January.

Among the other precious metals, silver rose 0.3% to U.S. $ 16.2575 per ounce, platinum rose 0.5% to be U.S. $ 1512.50 per ounce and palladium thin shifted to U.S. $ 417.5 per ounce.

admin | Gold Investing | 04 26th, 2010 | No Comments »