Composite Stock Price Index (JCI) opened higher thin 6 points, but this weakness does not last long. The index fell again in just a few minutes after opening. JCI weakening trend continued again.
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
Kamis, 16 Desember 2010
Got Up Thin, JCI plunges into the Red Zone...
Composite Stock Price Index (JCI) opened higher thin 6 points, but this weakness does not last long. The index fell again in just a few minutes after opening. JCI weakening trend continued again.
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
Got Up Thin, JCI plunges into the Red Zone...
Composite Stock Price Index (JCI) opened higher thin 6 points, but this weakness does not last long. The index fell again in just a few minutes after opening. JCI weakening trend continued again.
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
Got Up Thin, JCI plunges into the Red Zone...
Composite Stock Price Index (JCI) opened higher thin 6 points, but this weakness does not last long. The index fell again in just a few minutes after opening. JCI weakening trend continued again.
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
In preopening trading, stock index edged up 0.319 points (0.01%) to the level of 3572.057. While LQ 45 Index edged up 0.084 points (0.01%) to a level of 635.895.
Opening weekend trade on Friday (17/12/2010), Jakarta Composite Index edged up 6.580 points (0.18%) to the level of 3578.318. LQ 45 Index rose 1.074 points (0.17%) to a level of 636.885.
Until around 9:35 when JATS, JCI back weaker, thinner down 3.250 points (0.09%) to the level of 3568.488. While LQ 45 Index fell 0.924 points (0.15%) to a level of 634.887.
Last night Wall Street back into positive territory, fueled by an encouraging outlook from FedEx. Investors back after the shares to print a higher rate of return towards the end of the year.
In trading Thursday (12/16/2010), the Dow Jones Industrial Average (DJIA) closed rose 41.78 points (0.36%) to the level 11499.25. The broader Standard & Poor's 500 index also gained 7.64 points (0.62%) to a level of 1242.87 and the Nasdaq rose 20.09 points (0.77%) to a level of 2637.31.
The positive sentiment from the global market is expected to be a driving force to re-stock index climbed. It is estimated that JCI could go back through the 3600 level again in trading today.
Regional bourses this morning moving average mixed with thin weakened. While the Singapore stock exchange can score a thin reinforcement.
The following conditions in the Asian bourses this morning:
* Shanghai Composite Index fell 5.59 points (0.19%) to a level of 2892.55.
* Hang Seng Index fell 15.47 points, thin (0.07%) to the level 22653.31.
* Nikkei 225 index fell 10.43 points (0.10%) to the level 10300.86.
* Straits Times Index rose 8.16 points (0.26%) to a level of 3155.83.
source...: detik finance
Increase in Food Prices Push Inflation Next Year
The government is still worried about the trend of increasing food prices affect inflation until next year. As economic growth, demand and price of goods will continue to climb in 2011.
"Not just for December but also for January and early next year the situation will not be encouraging, the situation will still be heavy," said Vice Minister of Agriculture Krisnamurthi when asked about the effect of food on inflation this year.
We met at the Office of Coordinating Ministry for Economic Affairs, Jalan Banteng Square, Jakarta, Thursday (16/12/2010), Bayu rate of food price increases due to the increased demand due to rising world economic growth is expected to be even better next year.
"Food is because the overall world situation. So the world's climate is still uncertain, on the other hand due to improved world economic growth create demand for food went up, and all the data showed that there was a significant increase in demand compared to 2009-2010 is due in economic situation is still a recession, demand in late 2010 early 2011 is expected to be high, "he said.
Bayu said economic growth in some countries is predicted to reach double digits.
"Like Singapore, there was double digit for the next 3 months, China's near 10, Indonesia itself may be between 6-7%, India will be positive with good enough, the U.S. about 2-3%. Thus, all countries will have the economic performance good and it made their demand to rise, "he explained.
This, further Bayu, causing a disruption of supply of food commodities. Moreover, coupled with a climate of uncertainty factors that impact will be seen up to 4 months in advance.
"On the other hand, climate is still uncertain. For example, an example for Australia, this month is very wet and it affects the production of Australian wheat and sugar, and it in turn in March that the situation the world's wheat and sugar can be affected by the situation in Australia. The impact will be two -3-4 months ahead, "he explained.
So also with other commodities, such as world oil prices are showing upward trend.
"For example only, all commodities have the same pressure, the CPO also translucent in 1200 dollars for example now and I think still going strong to the beginning of 2011," said Bayu.
Therefore, Bayu predict commodity prices will still be volatile until the first quarter of next year. The reason, in March-April there is additional supply due to the harvest that occurred in several countries including Indonesia.
"The tendency is still to be high. Hopefully just the first quarter due in March Insha Allah Indonesia, Southeast Asia will be harvested in March / April. Additional supplies will hopefully help ease price pressures in the international market," he hoped.
As a solution to the current situation, Bayu express the government's efforts continue to increase domestic production. For next year, he added, expected growth in rice production could reach 3 to 3.5% by taking into account climatic situation that may still not friendly.
"We must continue to increase our production, whatever we'll try to find a solution so do not be disturbed. For example, rice 3.5%, we should be able to achieve as a target figure, to which others can adapt," he said.
In addition, continued Bayu, by intervening into the market to control prices.
"So the market would still be volatile, but we must have the ability to intervene does not help most low-income groups," he explained.
Regarding imports of rice, Bayu can not ensure. Because the provision of rice imported by the new Bulog be ascertained at the time of harvest.
"I think the limit is still determined Bulog imports until 15 February as we estimate it around mid-February that the main harvest begins. So we expect BULOG rice does not go into the market at the time of harvest," he said.
Thus, Bayu expect inflationary pressure as prices of food can be minimized in the next year.
"We will try to avoid karen experience in 2010, we try to see the impact of inflation or the effect of inflation we give food to a minimum," he concluded.
"Not just for December but also for January and early next year the situation will not be encouraging, the situation will still be heavy," said Vice Minister of Agriculture Krisnamurthi when asked about the effect of food on inflation this year.
We met at the Office of Coordinating Ministry for Economic Affairs, Jalan Banteng Square, Jakarta, Thursday (16/12/2010), Bayu rate of food price increases due to the increased demand due to rising world economic growth is expected to be even better next year.
"Food is because the overall world situation. So the world's climate is still uncertain, on the other hand due to improved world economic growth create demand for food went up, and all the data showed that there was a significant increase in demand compared to 2009-2010 is due in economic situation is still a recession, demand in late 2010 early 2011 is expected to be high, "he said.
Bayu said economic growth in some countries is predicted to reach double digits.
"Like Singapore, there was double digit for the next 3 months, China's near 10, Indonesia itself may be between 6-7%, India will be positive with good enough, the U.S. about 2-3%. Thus, all countries will have the economic performance good and it made their demand to rise, "he explained.
This, further Bayu, causing a disruption of supply of food commodities. Moreover, coupled with a climate of uncertainty factors that impact will be seen up to 4 months in advance.
"On the other hand, climate is still uncertain. For example, an example for Australia, this month is very wet and it affects the production of Australian wheat and sugar, and it in turn in March that the situation the world's wheat and sugar can be affected by the situation in Australia. The impact will be two -3-4 months ahead, "he explained.
So also with other commodities, such as world oil prices are showing upward trend.
"For example only, all commodities have the same pressure, the CPO also translucent in 1200 dollars for example now and I think still going strong to the beginning of 2011," said Bayu.
Therefore, Bayu predict commodity prices will still be volatile until the first quarter of next year. The reason, in March-April there is additional supply due to the harvest that occurred in several countries including Indonesia.
"The tendency is still to be high. Hopefully just the first quarter due in March Insha Allah Indonesia, Southeast Asia will be harvested in March / April. Additional supplies will hopefully help ease price pressures in the international market," he hoped.
As a solution to the current situation, Bayu express the government's efforts continue to increase domestic production. For next year, he added, expected growth in rice production could reach 3 to 3.5% by taking into account climatic situation that may still not friendly.
"We must continue to increase our production, whatever we'll try to find a solution so do not be disturbed. For example, rice 3.5%, we should be able to achieve as a target figure, to which others can adapt," he said.
In addition, continued Bayu, by intervening into the market to control prices.
"So the market would still be volatile, but we must have the ability to intervene does not help most low-income groups," he explained.
Regarding imports of rice, Bayu can not ensure. Because the provision of rice imported by the new Bulog be ascertained at the time of harvest.
"I think the limit is still determined Bulog imports until 15 February as we estimate it around mid-February that the main harvest begins. So we expect BULOG rice does not go into the market at the time of harvest," he said.
Thus, Bayu expect inflationary pressure as prices of food can be minimized in the next year.
"We will try to avoid karen experience in 2010, we try to see the impact of inflation or the effect of inflation we give food to a minimum," he concluded.
Development megapolitan Offer 850 Million Shares of January 11
PT megapolitan Development Tbk to offer 850 million shares in an initial public offering (initial public offering / IPO). The fund raised from corporate actions that will be used to expand development projects the company and its business.
As quoted from the summary prospectus published company in Jakarta on Friday (12/17/2010), as much as 60 percent of the proceeds from the IPO would be used for project development subsidiary, as the project Puri Cinere, Depok and Cimandala City, Sentul.
While the remaining funds will be used as much as 40% of the company for various projects such as housing projects, commercial, office, facilities, infrastructure and working capital. PT Henan Putihrai will act as underwriters of securities under this corporate action.
The Company estimates the effective date will be obtained from the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) on December 30, 2010 so that the bidding can be done in 3 to 5 January 2011.
Allotment period will fall on January 7, 2011, followed by distribution of shares electronically on January 11, 2010. Company will be listed its shares on the Indonesia Stock Exchange (IDX) on January 12, 2011.
Until recently, the company has projects in the region Cinere-Depok, Mega Kuningan, Jakarta, Karawaci, Tangerang, and the Sentul-Bogor. Megapolitan also developing other projects in Cinere, Depok (Puri Cinere Riverside, Graha Cinere stage IV, Griya Cinere II, and Bukit Griya Cinere), Karawaci, Tangerang (Urbana University Village Phase I), and Sentul, Bogor (Tatya Asri and projects Cimandala City phase I).
In the Company's business development agenda for the next is Cinere Castle apartment project, Urbana University Village Phase II and Mega Blocks Cimandala City Phase II.
Megapolitan Development has developed property area that includes residential and commercial area of 300 ha in Cinere, Depok, Mega Kuningan, Jakarta, The Bellagio Residence and The Bellagio Mansion and the Sentul-Bogor namely Mega Sentul and Tatya Asri.
Company has about 370 ha of land in the region Cinere, Depok, Karawaci, Tangerang and Sentul, Bogor who are ready developed in more than 10 years into the future. Product properties offered by the Company has a diverse range so it can meet the demand of diverse segments.
As quoted from the summary prospectus published company in Jakarta on Friday (12/17/2010), as much as 60 percent of the proceeds from the IPO would be used for project development subsidiary, as the project Puri Cinere, Depok and Cimandala City, Sentul.
While the remaining funds will be used as much as 40% of the company for various projects such as housing projects, commercial, office, facilities, infrastructure and working capital. PT Henan Putihrai will act as underwriters of securities under this corporate action.
The Company estimates the effective date will be obtained from the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) on December 30, 2010 so that the bidding can be done in 3 to 5 January 2011.
Allotment period will fall on January 7, 2011, followed by distribution of shares electronically on January 11, 2010. Company will be listed its shares on the Indonesia Stock Exchange (IDX) on January 12, 2011.
Until recently, the company has projects in the region Cinere-Depok, Mega Kuningan, Jakarta, Karawaci, Tangerang, and the Sentul-Bogor. Megapolitan also developing other projects in Cinere, Depok (Puri Cinere Riverside, Graha Cinere stage IV, Griya Cinere II, and Bukit Griya Cinere), Karawaci, Tangerang (Urbana University Village Phase I), and Sentul, Bogor (Tatya Asri and projects Cimandala City phase I).
In the Company's business development agenda for the next is Cinere Castle apartment project, Urbana University Village Phase II and Mega Blocks Cimandala City Phase II.
Megapolitan Development has developed property area that includes residential and commercial area of 300 ha in Cinere, Depok, Mega Kuningan, Jakarta, The Bellagio Residence and The Bellagio Mansion and the Sentul-Bogor namely Mega Sentul and Tatya Asri.
Company has about 370 ha of land in the region Cinere, Depok, Karawaci, Tangerang and Sentul, Bogor who are ready developed in more than 10 years into the future. Product properties offered by the Company has a diverse range so it can meet the demand of diverse segments.
Government Can KKS Gas Bonus U.S. $ 3.5 Million
The Government, through the Ministry of Energy and Mineral Resources (EMR) to get funds from the contract signature bonus cooperation (KKS) of 3 Work Area Gas of U.S. $ 3.5 million.
This was conveyed by Minister of Energy and Mineral Resources, Darwin Zahedy Saleh in a short speech in the middle of the signing ceremony of cooperation agreements on oil and gas field office of the Ministry of Energy and Mineral Resources, Jakarta (17/12/2010).
''With the implementation of this signing, it is increasingly emphasized that the field of oil and gas investments still menggemberikan, in addition to exploration activities will increase,''said Darwin, in his speech.
Darwin also added that this cooperation contract will be able to continue to enhance the discovery of new reserves in order to help achieve the national target. The cooperation contract signed today was for 3 Working Area (WK) oil and gas produced from the regular auction of Phase I in 2010, including:
* South Sokang in the Natuna Sea (by the Consortium of South Sokang Lundin BV and Salamander Energy Limited)
* Sokang in the Natuna Sea (by Black Platinum Investment Limited)
* Wokam II in the Arafura Sea (by Murphy Overseas Ventures Inc.)
Third''Cooperation Contract (KKS) working area is obtained from the regular offerings of Phase I in 2010 which was signed on December 6, yesterday,''said Darwin.
Darwin, in detail, explaining that the commitment must be generated from 3 signing of the Cooperation Contract work area is a geological and geophysical studies of U.S. $ 1.45 million, 2D seismic survey along the 3200 km of U.S. $ 4.5 million, seismic survey 3D area of 1100 km of U.S. $ 14.75 million, and drilling exploration wells as much as 1 well with a value of U.S. $ 7 million.
The total investment of 3''region was U.S. $ 27.7 million. While the signature bonus (Signature Bonus) to be received directly by the government amounted to U.S. $ 3.5 million,''explained Darwin.
In addition to the implementation of the signing of the Cooperation Contract (KKS), the three working areas, carried out also the signing of the Heads of Agreement (HoA) between PT Pertamina is executed by the President Director of PT Pertamina, Karen Agustiawan, together with the Total E & P Activities Petrolieres and Petronas related to cooperation for the processing blocks East Natuna.
source..: detik finance
This was conveyed by Minister of Energy and Mineral Resources, Darwin Zahedy Saleh in a short speech in the middle of the signing ceremony of cooperation agreements on oil and gas field office of the Ministry of Energy and Mineral Resources, Jakarta (17/12/2010).
''With the implementation of this signing, it is increasingly emphasized that the field of oil and gas investments still menggemberikan, in addition to exploration activities will increase,''said Darwin, in his speech.
Darwin also added that this cooperation contract will be able to continue to enhance the discovery of new reserves in order to help achieve the national target. The cooperation contract signed today was for 3 Working Area (WK) oil and gas produced from the regular auction of Phase I in 2010, including:
* South Sokang in the Natuna Sea (by the Consortium of South Sokang Lundin BV and Salamander Energy Limited)
* Sokang in the Natuna Sea (by Black Platinum Investment Limited)
* Wokam II in the Arafura Sea (by Murphy Overseas Ventures Inc.)
Third''Cooperation Contract (KKS) working area is obtained from the regular offerings of Phase I in 2010 which was signed on December 6, yesterday,''said Darwin.
Darwin, in detail, explaining that the commitment must be generated from 3 signing of the Cooperation Contract work area is a geological and geophysical studies of U.S. $ 1.45 million, 2D seismic survey along the 3200 km of U.S. $ 4.5 million, seismic survey 3D area of 1100 km of U.S. $ 14.75 million, and drilling exploration wells as much as 1 well with a value of U.S. $ 7 million.
The total investment of 3''region was U.S. $ 27.7 million. While the signature bonus (Signature Bonus) to be received directly by the government amounted to U.S. $ 3.5 million,''explained Darwin.
In addition to the implementation of the signing of the Cooperation Contract (KKS), the three working areas, carried out also the signing of the Heads of Agreement (HoA) between PT Pertamina is executed by the President Director of PT Pertamina, Karen Agustiawan, together with the Total E & P Activities Petrolieres and Petronas related to cooperation for the processing blocks East Natuna.
source..: detik finance
Open SBY Early Trading Year 2011
President Susilo Bambang Yudhoyono (SBY) is scheduled to open a stock trading at the Indonesia Stock Exchange (IDX) on January 3, 2011. Trading of shares in Indonesia for 2010 will expire on 30 December.
According to information obtained detikFinance on Friday (12/17/2010), President SBY as in previous years will inaugurate the beginning of stock trading in 2011.
As for the end of 2010 close of trading on December 30, planned to be conducted by the Finance Minister Agustin Martowardojo. Thus, 31 December is the holiday of stock trading.
"The last day of trading on December 30, the closure made by the Minister of Finance Agustin Martowardojo. There will be a seminar or talk shows as in previous years,"according to information obtained detikFinance.
Composite Stock Price Index (CSPI) in BEI has begun to recover during the year 2010, after being affected by the crisis in 2009. During the year 2010, JCI could penetrate record high in history at the level of 3786.09 on December 9. Thus, throughout 2010, JCI gained nearly 1,200 points since the opening of the beginning of the year, January 4, 2010, the Jakarta Composite Index closed at 2575.41
source...: Detik finance
According to information obtained detikFinance on Friday (12/17/2010), President SBY as in previous years will inaugurate the beginning of stock trading in 2011.
As for the end of 2010 close of trading on December 30, planned to be conducted by the Finance Minister Agustin Martowardojo. Thus, 31 December is the holiday of stock trading.
"The last day of trading on December 30, the closure made by the Minister of Finance Agustin Martowardojo. There will be a seminar or talk shows as in previous years,"according to information obtained detikFinance.
Composite Stock Price Index (CSPI) in BEI has begun to recover during the year 2010, after being affected by the crisis in 2009. During the year 2010, JCI could penetrate record high in history at the level of 3786.09 on December 9. Thus, throughout 2010, JCI gained nearly 1,200 points since the opening of the beginning of the year, January 4, 2010, the Jakarta Composite Index closed at 2575.41
source...: Detik finance
Pertamina, Petronas and Total Hold work on Natuna
Having signed a Heads of Agreement (HoA) with ExxonMobil and PT Pertamina (Persero) today signed a HoA with French oil company and Malaysia, namely Total and Petronas to work on the Natuna block.
HoA The signing was held on the sidelines of the signing of the Cooperation Contract regular auction of Phase I in 2010 to 3 Working Area (South Sokang, Sokang, Wokam II) conducted in the office of the Ministry of Energy and Mineral Resources, Jakarta, Friday (17/12 / 2010).
"Later on this matter would be discussed again in the near future," said Karen.
Karen said that the next process will be discussed about the terms and conditions or preconditions in advance cooperation with the government.
"Now only the first Head of Agreement. Because it's needed first umbrella," said Karen.
Related problems opening the opportunity Pertamina will have a majority stake in the East Natuna block, Karen did not want to explain the reasons to be discussed first in the business by its partners.
However, she expressed optimism that the project has been 'displaced' since 2008 is able to walk.
"Please note, yes, so then we go through the process of B to B (business to business) used to yes. After that, when it's confirmed, then we go to the JOA (joint of agreement) and PSC (Production Sharing Contract / Production Sharing Contract), later was carried out simultaneously, "explained Karen.
As is known, since 2008, the government appointed Pertamina to manage the field with a content of 500 million barrels of oil and 222 trillion cubic feet of gas is. However, this red plate companies need partners to manage the block because it requires huge investment and high technology.
Investments issued by foreign oil companies for this very large Natuna development through technology that could produce gas from the block. Therefore, the gas produced will be sold at prices in accordance with international prices
HoA The signing was held on the sidelines of the signing of the Cooperation Contract regular auction of Phase I in 2010 to 3 Working Area (South Sokang, Sokang, Wokam II) conducted in the office of the Ministry of Energy and Mineral Resources, Jakarta, Friday (17/12 / 2010).
"Later on this matter would be discussed again in the near future," said Karen.
Karen said that the next process will be discussed about the terms and conditions or preconditions in advance cooperation with the government.
"Now only the first Head of Agreement. Because it's needed first umbrella," said Karen.
Related problems opening the opportunity Pertamina will have a majority stake in the East Natuna block, Karen did not want to explain the reasons to be discussed first in the business by its partners.
However, she expressed optimism that the project has been 'displaced' since 2008 is able to walk.
"Please note, yes, so then we go through the process of B to B (business to business) used to yes. After that, when it's confirmed, then we go to the JOA (joint of agreement) and PSC (Production Sharing Contract / Production Sharing Contract), later was carried out simultaneously, "explained Karen.
As is known, since 2008, the government appointed Pertamina to manage the field with a content of 500 million barrels of oil and 222 trillion cubic feet of gas is. However, this red plate companies need partners to manage the block because it requires huge investment and high technology.
Investments issued by foreign oil companies for this very large Natuna development through technology that could produce gas from the block. Therefore, the gas produced will be sold at prices in accordance with international prices
Minggu, 12 Desember 2010
Bank Shares Rise 20% to Rp 180 Per Sheet
The price of shares of PT Bank Tbk (BSIM) in an initial public offering (IPO) on Monday (12/13/2010) right up to the level of Rp 180 increased by 20% equivalent to USD 30 from the price of its inaugural USD 150 per share.
In the early opening of stock trading at 09.30 JATS today, the stock rose significantly BSIM USD 30 of the previous pricing, Rp 150 per share. JATS time until 9:35 pm, shares in the range of Rp 225 per share, and had touched the highest price of Rp 250 per share.
PT Bank will release as many as 1.6 billion shares to the public. Until the funds raised from this public offering of shares to reach Rp 240 miliar.Jumlah ordered reaches 2,803,025,000 shares with the buyer to reach 2441 party. The Company will also be listed warrants series I as much as 1.92 billion shares.
The Company has appointed PT Sinarmas Sekuritas be underwriters, and PT Sinartama Gunita as Share Registrar. BSIM shares will be recorded on the main board, with the finance sector and sub sector banks.
Thus, the number of shares listed reaches 7,188,495,000 shares, which shares the founder of 5.6805 billion shares. And the public reached 1.6 billion shares.
In the early opening of stock trading at 09.30 JATS today, the stock rose significantly BSIM USD 30 of the previous pricing, Rp 150 per share. JATS time until 9:35 pm, shares in the range of Rp 225 per share, and had touched the highest price of Rp 250 per share.
PT Bank will release as many as 1.6 billion shares to the public. Until the funds raised from this public offering of shares to reach Rp 240 miliar.Jumlah ordered reaches 2,803,025,000 shares with the buyer to reach 2441 party. The Company will also be listed warrants series I as much as 1.92 billion shares.
The Company has appointed PT Sinarmas Sekuritas be underwriters, and PT Sinartama Gunita as Share Registrar. BSIM shares will be recorded on the main board, with the finance sector and sub sector banks.
Thus, the number of shares listed reaches 7,188,495,000 shares, which shares the founder of 5.6805 billion shares. And the public reached 1.6 billion shares.
Minister: Please Beware talks with India
Minister of Industry (Minister) MS Hidayat warned to watch out for talks with India within the framework of comprehensive bilateral Indonesia-India Comprehensive Economic Cooperation (II-Ceca).
Although this time Indonesia had a trade surplus with India and the national private entrepreneurs are relatively more ready to partner and compete with India.
"Do not forget they negotiator, negotiators hand-picked. In the world, middle manager many Indians. We also must be vigilant not to be defeated in the negotiations," said Hidayat detikFinance when contacted on Monday (13/12/2010).
Hidayat said that, if well prepared and thoroughly cooked bilateral cooperation between Indonesia and India are very profitable. At least India could become an option for national entrepreneurs in exploiting opportunities from India than from China.
India so far has been known for a good mastery of technology, the machines are competitive, especially in IT (information technology). In addition, India also has a huge market, exceeding the Indonesian market.
It is said Hidayat, various preparations have been undertaken by Indonesia in order to welcome the negotiations with India. Two weeks ago the Head of Investment Coordinating Board (BKPM) Gita Wirjawan has visited India to meet a lot of related private sector exploration investment to Indonesia.
"On 22 January (2011) president will be to India," he said.
Currently, Indonesia and India were preparing a comprehensive bilateral cooperation in the field of trade in goods and services, investment and technical cooperation are summarized in the Indonesia-India Comprehensive Economic Cooperation (II-Ceca).
Both countries have also been included in the cooperation of free trade that accommodated through the ASEAN-India Free Trade Agreement (AI-FTA).
Indonesia and India have agreed to discuss the negotiations II-Ceca. To achieve the talks still require several meetings to formulate the discussion and the location of the talks.
Background of the establishment of this cooperation because the two countries, namely Indonesia and India have the power of a very high complementarity in the field of trade in goods and services, investment and technical cooperation. Both countries have the same opportunity to increase trade and investment.
Based on data from the bilateral trade during January-2010 has reached U.S. $ 8.2 billion, an increase of 38.16% from the same period in 2009. Indonesia recorded a surplus of export up to U.S. $ 4.01 billion of total trade with India.
Although recognized level of import duties imposed by the country of Hindustan is still relatively high at an average of 35%. With the cooperation of ASEAN and India free trade, including bilateral Indonesia-India through II-Ceca then the problem of tariffs could be reduced to a point that could benefit both countries.
In the field of investment in both countries likely to develop investment, such as India likely to invest in Indonesia in the field of food, textile fibers, plastics, wood products, agro products, pharmaceuticals, machinery, audio visual, telecommunications, IT, education and other.
While Indonesia is also likely to invest in India in sectors such as chemicals, infrastructure, hotels, hospitals, tourism, electrical machinery, non electricity and others.
As is known in October 2005 the heads of both countries agreed to form II-Ceca which is a comprehensive co-operation. At least have done a feasibility study with a bunch of forming a joint study between Indonesia and India that have been completed in September 2010.
Source…; Detik finance
Although this time Indonesia had a trade surplus with India and the national private entrepreneurs are relatively more ready to partner and compete with India.
"Do not forget they negotiator, negotiators hand-picked. In the world, middle manager many Indians. We also must be vigilant not to be defeated in the negotiations," said Hidayat detikFinance when contacted on Monday (13/12/2010).
Hidayat said that, if well prepared and thoroughly cooked bilateral cooperation between Indonesia and India are very profitable. At least India could become an option for national entrepreneurs in exploiting opportunities from India than from China.
India so far has been known for a good mastery of technology, the machines are competitive, especially in IT (information technology). In addition, India also has a huge market, exceeding the Indonesian market.
It is said Hidayat, various preparations have been undertaken by Indonesia in order to welcome the negotiations with India. Two weeks ago the Head of Investment Coordinating Board (BKPM) Gita Wirjawan has visited India to meet a lot of related private sector exploration investment to Indonesia.
"On 22 January (2011) president will be to India," he said.
Currently, Indonesia and India were preparing a comprehensive bilateral cooperation in the field of trade in goods and services, investment and technical cooperation are summarized in the Indonesia-India Comprehensive Economic Cooperation (II-Ceca).
Both countries have also been included in the cooperation of free trade that accommodated through the ASEAN-India Free Trade Agreement (AI-FTA).
Indonesia and India have agreed to discuss the negotiations II-Ceca. To achieve the talks still require several meetings to formulate the discussion and the location of the talks.
Background of the establishment of this cooperation because the two countries, namely Indonesia and India have the power of a very high complementarity in the field of trade in goods and services, investment and technical cooperation. Both countries have the same opportunity to increase trade and investment.
Based on data from the bilateral trade during January-2010 has reached U.S. $ 8.2 billion, an increase of 38.16% from the same period in 2009. Indonesia recorded a surplus of export up to U.S. $ 4.01 billion of total trade with India.
Although recognized level of import duties imposed by the country of Hindustan is still relatively high at an average of 35%. With the cooperation of ASEAN and India free trade, including bilateral Indonesia-India through II-Ceca then the problem of tariffs could be reduced to a point that could benefit both countries.
In the field of investment in both countries likely to develop investment, such as India likely to invest in Indonesia in the field of food, textile fibers, plastics, wood products, agro products, pharmaceuticals, machinery, audio visual, telecommunications, IT, education and other.
While Indonesia is also likely to invest in India in sectors such as chemicals, infrastructure, hotels, hospitals, tourism, electrical machinery, non electricity and others.
As is known in October 2005 the heads of both countries agreed to form II-Ceca which is a comprehensive co-operation. At least have done a feasibility study with a bunch of forming a joint study between Indonesia and India that have been completed in September 2010.
Source…; Detik finance
Gold miners surge Enjoy Small World Gold Prices
Small-scale gold miners or gold miners of the people claimed to enjoy the world gold price hikes creeping up lately. This gold miners could reap an average profit of Rp 30 million per day.
This was conveyed by the Chairman of the Association of Gold Pertambagan Rakyat Indonesia (Asperi) Shamsuddin Said to detikFinance, Monday (13/12/2010).
"The prospect, the miners happy, industrious added to mine," he said.
He said the current members of the gold miners of the people scattered in 15 provinces. The number reached more than 100,000 people operating in mining areas throughout Indonesia.
Said added the gold miners of the people really are enjoying a peak period. In addition, there are many barriers to licensing in local government, as well as the condition of conflict among gold miners are relatively small.
"Usually there's turmoil, they fight each other, now relatively nothing," he explained.
Said said that in the case of gold mining in Palu, Central Sulawesi people's average daily total gold miners in Palu could produce 20-30 kilograms of gold per day. This is thought to be driving the economy in the surrounding community.
"In Central Sulawesi 20-30 kg per day, but not yet 24 carat gold 18 carat gold, the price of Rp 300,000," he said
He said the average daily individual gold miners can get 100 grams of gold. It depends on the amount of gold processing equipment including drum material that is the crusher, as well as the penambangnya luck finding sites that have a large deposit.
"One miner dependent well, one drum can produce 3-4 grams. The average gets 100 grams when multiplied by the current prices can be USD 30 million," he explained.
He said although gold miner named after people, but to plunge into the business of gold mining should at least have a capital of USD 100-500 million. According to the most decisive of this business is the production cost is so high.
"The advantage stretched once, gains approximately 70%," he said.
He said that in the case of gold mining in Palu, Central Sulawesi, the decline until recently the government was not too hard on people's gold miners. Provided that the gold miners did not damage the environment by avoiding use of dangerous substances such as mercury.
He also admitted bluntly, many members have not contributed tax revenues. He was grounded because gold mining is more individual people, including in terms of permissions.
"Just to report to the village chief and the head of customs. They are monitored by the government. Donation (tax) to local governments is almost not there, there should be," he said.
Although gold mining should be recognized problem these people often get criticism from environmental NGOs because of fragile environmental damage in their production processes.
Reported earlier peak in gold prices has been reached on December 7, 2010 ago when the price through U.S. $ 1,430.90 an ounce. This price is the price expected to peak this year, and subsequently the price of gold will be in a neutral position and entered the consolidation phase
Source..: detik finance
This was conveyed by the Chairman of the Association of Gold Pertambagan Rakyat Indonesia (Asperi) Shamsuddin Said to detikFinance, Monday (13/12/2010).
"The prospect, the miners happy, industrious added to mine," he said.
He said the current members of the gold miners of the people scattered in 15 provinces. The number reached more than 100,000 people operating in mining areas throughout Indonesia.
Said added the gold miners of the people really are enjoying a peak period. In addition, there are many barriers to licensing in local government, as well as the condition of conflict among gold miners are relatively small.
"Usually there's turmoil, they fight each other, now relatively nothing," he explained.
Said said that in the case of gold mining in Palu, Central Sulawesi people's average daily total gold miners in Palu could produce 20-30 kilograms of gold per day. This is thought to be driving the economy in the surrounding community.
"In Central Sulawesi 20-30 kg per day, but not yet 24 carat gold 18 carat gold, the price of Rp 300,000," he said
He said the average daily individual gold miners can get 100 grams of gold. It depends on the amount of gold processing equipment including drum material that is the crusher, as well as the penambangnya luck finding sites that have a large deposit.
"One miner dependent well, one drum can produce 3-4 grams. The average gets 100 grams when multiplied by the current prices can be USD 30 million," he explained.
He said although gold miner named after people, but to plunge into the business of gold mining should at least have a capital of USD 100-500 million. According to the most decisive of this business is the production cost is so high.
"The advantage stretched once, gains approximately 70%," he said.
He said that in the case of gold mining in Palu, Central Sulawesi, the decline until recently the government was not too hard on people's gold miners. Provided that the gold miners did not damage the environment by avoiding use of dangerous substances such as mercury.
He also admitted bluntly, many members have not contributed tax revenues. He was grounded because gold mining is more individual people, including in terms of permissions.
"Just to report to the village chief and the head of customs. They are monitored by the government. Donation (tax) to local governments is almost not there, there should be," he said.
Although gold mining should be recognized problem these people often get criticism from environmental NGOs because of fragile environmental damage in their production processes.
Reported earlier peak in gold prices has been reached on December 7, 2010 ago when the price through U.S. $ 1,430.90 an ounce. This price is the price expected to peak this year, and subsequently the price of gold will be in a neutral position and entered the consolidation phase
Source..: detik finance
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