Indonesia Economy Forum

[Nike]

Indonesia Ranks 14th Among Remittance Recipients: World Bank

Jakarta. Indonesia ranked 14th among the world's recipients of migrant remittances in 2015, with an estimated $10.5 billion sent from its workers living abroad, a report produced by the World Bank Group’s Global Knowledge Partnership on Migration and Development initiative.

Remittance flow to Indonesia increased 22 percent compared to 2014, when it stood at $8.55 billion.

The world's largest remittance recipients was India, receiving $72.2 billion, followed by China ($63.9 billion), Philippines ($29.7 billion), Mexico ($ 25.7 billion) and France ($ 24.6 billion).

Knomad is sponsored by a multidonor trust fund established by the World Bank. Contributors include Germany’s Federal Ministry of Economic Cooperation and Development (BMZ), Sweden’s Ministry of Justice, Migration and Asylum Policy and the Swiss Agency for Development and Cooperation (SDC).

The report, released in mid-December, presents a snapshot of the latest statistics on immigration, emigration as well as remittance flows for 214 countries and territories, according to the World Bank.

It updates similar report released in 2011, with some additional data that was collected from various sources, including national censuses, labor force surveys and population registers.

The United States was the biggest remittance source, with an estimated $56 billion in outward flows in 2014, followed by Saudi Arabia ($37 billion) and Russia ($33 billion).

“At more than three times the size of development aid, international migrants’ remittances provide a lifeline for millions of households in developing countries. In addition, migrants hold more than $500 billion in annual savings," said Dilip Ratha, lead economist and manager for migration and remittances at Knomad.

"Together, remittances and migrant savings offer a substantial source of financing for development projects that can improve lives and livelihoods in developing countries.”

The top 10 migrant destination countries were the United States, Saudi Arabia, Germany, Russia, United Arab Emirates (UAE), United Kingdom, France, Canada, Spain and Australia.

Meanwhile, India, Mexico, Russian Federation, China, Bangladesh, Pakistan, Philippines, Afghanistan, Ukraine and the United Kingdom are the top source of emigrants. Indonesia ranked 12 with 4.1 million emigrants recorded, according to 2013 data collected by Knomad researchers.

Remittance use in Indonesia

Indonesia's Agency for the Placement and Protection of Indonesian Migrant Workers, known as BNP2TKI, has said that the most pressing issue for Indonesian migrants is legal protection from abuses.

Considered as low skilled workers, many Indonesian migrant workers, especially those working as domestic helpers, have suffered abuses from their employers, resulting in a number of cases seeing criminal complaints made by victims. Financial literacy another notable problem faced by Indonesian migrant workers.

With regards to remittance sent by migrants, while it provided a much-needed buffer for the country's balance of payment amid decline in export revenue and torrenting capital outflow, the money has yet create lasting impact in local economy.

"Money sent by workers is generally used to meet daily needs and to fund education and the needs of children," said Silvia Mila Arini, a researcher at Singapore-based think-tank Asia Research Institute.

More than a third of the remittances, 35 percent, she said are used to meet the daily needs and 26 percent of the money is spent on children education.

Only few households using the remittances for physical investments like purchase of agricultural land, livestock, agricultural tools and small-business, Silvia said.

This condition put many migrant's household at risk when the remittance stops, she said.

"To that end, migrants and their families should be encouraged to reduce its dependence on remittances. If now they receive a sizable remittances, they should be encouraged to invest in the productive sector of the economy," said Silvia.

Indonesia Ranks 14th Among Remittance Recipients: World Bank | Jakarta Globe

 

[MarveL]

Even the President spent his holiday in Raja Ampat

Presiden Joko Widodo melihat ke arah kawasan wisata Raja Ampat dalam rangkaian kunjungannya ke Papua Barat, Jumat (1/1). Presiden Jokowi berada di Raja Ampat dalam rangka menyambut pergantian dari tahun 2015 menuju ke tahun 2016. ANTARA FOTO/HO/Setpres-Agus Suparto/nz/15.

Beee.. dicariin kecebong bee...

 

[Nike]

Economic Indicators Point to Underwhelming 2015

Jakarta. Indonesia failed to achieve most of its economic targets in 2015, except for inflation and treasury yield, amid a decline in global commodity prices and pressure from capital outflow, according to the Finance Ministry's interim assessment published on Sunday.

The Indonesian economy likely expanded by 4.73 percent last year, marking the nation's slowest growth pace since 2009, the ministry said in the statement.

The government initially targeted a 5.7 percent growth but persistent delays in infrastructure projects meant the government failed to provide a much-needed boost to Southeast largest economy amid declining commodity prices that had decimated the country's exports and slowing investment growth.

The rupiah also lost 7.7 percent of its value against the US dollar last year to end at 13.392 against the greenback, lower than government target of 12,500.

"The rupiah depreciation was due to internal factors, such as demand for dividends and debt payment to foreign lenders, as well as due to the rising interest rate in the United States and yuan depreciation," the ministry said.

The country's oil and gas production also missed their respective targets, in part due to disruptions in Banyu Urip field's Cepu block in East Java, the country largest oil field.

Indonesia only produced 779,000 barrels of oil per day and 1.195 million barrels of oil equivalent in gas per day last year, down from their respective target of 825,000 bpd and 1.221 million boepd.

The country's revenue from oil and gas suffered further with the average price of its oil only reaching $50 per barrel, below the $60 per barrel target, amid global oil supply glut.

Still, the government could take refuge in the sharp decline of its inflation rate, thanks to improved distribution networks and the drop in fuel prices.

Inflation last year ended at 3.1 percent, the Finance Ministry said, far lower than its 5 percent target in the state budget.

The yield of government, three-month treasury notes were also down to 5.97 percent from a target of 6.2 percent, thanks to robust demand from foreign investors, easing the government burden in financing its deficit.

Economic Indicators Point to Underwhelming 2015 | Jakarta Globe

 

[Nike]

Airport Operator Bets on Soekarno-Hatta Expansion for 2016 Revenue Rise

Jakarta. State-owned airport operator Angkasa Pura II expects revenue to increase by a third this year once Terminal 3 at Soekarno-Hatta International goes into full operation.

The operator, which manages the airports in the western half of Indonesia, projects revenue in 2016 of Rp 7.5 trillion ($542 million), up from Rp 5.7 trillion in 2015, according to president director Budi Karya Sumadi.

“We are optimistic about achieving the target, because apart from operating Soekarno-Hatta’s third terminal, we will also optimize our cargo-handling unit and expand to property business,” he said in Jakarta on Sunday.

Once ongoing expansion work is completed, the third terminal is expected to boost Soekarno-Hatta’s total annual passenger-handling capacity to 70 million, from the current 55 million.

Budi said revenue from airports, including Kuala Namu in Medan and Sultan Syarif Kasim II in Riau, was expected to account for 60 percent of Angkasa Pura II’s revenue this year. The rest is expected to come from businesses inlcuding cargo handling, parking and property.

The operator expects to serve a total of 89.3 million travelers in 2016, up 5 percent from the number it served in 2015. Last year’s figure of 85 million was itself down 3 percent from 2014, coinciding with a period of slowing economic growth.

Airport Operator Bets on Soekarno-Hatta Expansion for 2016 Revenue Rise | Jakarta Globe

 

[pr1v4t33r]

Indonesia's Annual Inflation Rate Eases to 3.35% in Dec

Indonesia's annual inflation rate cooled less than expected in December, but the rate is now low enough to create some room for the central bank to ease monetary policy. Annual inflation rate was 3.35 percent in December, the lowest reading since 2010 and significantly lower than 4.89 percent in November, the statistics bureau said on Monday.

Indonesia's Annual Inflation Rate Eases to 3.35% in Dec | Jakarta Globe



JP Morgan downgrades Korea, Taiwan; upgrades India, Indonesia on technicals

- Downgrades Korea and Taiwan to "underperform" saying markets have entered downtrend
- Upgrades India and Indonesia to "outperform" citing some uptrend signs

BUZZ-JPM downgrades Korea, Taiwan; upgrades India, Indonesia on technicals| Reuters

 

[Nike]

Indonesian tourism gains global popularity
Senin, 4 Januari 2016 12:46 WIB | 357 Views
Pewarta: Andi Abdussalam

Jakarta (ANTARA News) - Indonesian tourisms popularity is expected to rise following the recognition given by two world reputed media firms, which earned the countrys tourism destinations --- Raja Ampat, Komodo Park, and Bali --- a top global rating.

The New York-based Travel+Leisure Magazine has named Bali, Indonesias tourist resort island, as the worlds second-best island after the Galapagos Islands of Ecuador.

Meanwhile, the Cable News Network (CNN), in its international edition at the end of 2015, named Raja Ampat in West Papua and the Komodo National Park in East Nusa Tenggara (NTT) as the worlds best snorkeling destinations.

The Association of the Indonesian Tours and Travel Agencies (Asita) for NTT office has lauded the recognition given to Raja Ampat in West Papua and the Komodo National Park of NTT as the worlds best snorkeling destinations.

"We laud the recognition by CNN, which has involved maritime experts in its survey to select the worlds favorite snorkeling sites. The survey is a concrete effort that has given NTT the status of a world-class tourism destination," Abednego Frans, the NTT Asita chairman, stated in the Kupang Provincial capital of NTT on Sunday.

At the end of 2015, CNNs international edition, held a survey involving several maritime experts in selecting their respective favorite snorkeling destinations.

Their responses were summarized in an article titled "11 of the worlds best snorkeling destinations."

According to Tourism Minister Arief Yahya, Raja Ampat in West Papua and the Komodo National Park in NTT have been named the worlds best snorkeling locations.

"Indonesia has simultaneously won two top places: Raja Ampat as the best and Komodo as the second-best snorkeling destinations in the world," Minister Yahya remarked on Sunday.

The two Indonesian destinations have beaten the islands of Galapagos, which were ranked third in the survey, the minister noted.

Besides Raja Ampat and the Komodo National Park, Bali has also been named one of the worlds best islands, according to the minister.

He expressed pride on Bali being selected as one of the worlds best islands by the US Travel+Leisure Magazine at the end of 2015.

The Travel+Leisure is a monthly magazine based in New York, with 4.8 million readers. It is the biggest competitor of Conde Nast Traveler and National Geographic Traveler.

"I am very proud of Bali being selected as one of the worlds best islands," the minister affirmed here on Sunday.

Based on the Travel+Leisure Magazines ratings, the worlds best islands are the Galapagos Islands of Ecuador with a score of 90.82, Bali of Indonesia with 88.98 score, Maldives with 88.53, Tasmania of Australia with 88.32, Santorini of Greece with 87.93, Moorea of French Polynesia with 87.90, Maui of Hawaii with 87.89, Kauai of Hawaii with 87.88, the Great Barrier Reef of Australia with 87.31, and Malta with 86.90.

The minister expressed pride on the trust placed on Bali by the world community, which has lauded its natural beauty, the uniqueness of its culture, and the hospitality of its people.

Although the Galapagos Islands came first in the best world island category, yet it was placed behind Raja Ampat and the Komodo National Park in the worlds best snorkeling category.

Topping the list of 11 places, Raja Ampat in West Papua is a habitat for 75 percent of all known coral species in the world. The National Park of Komodo in NTT came second in the list.

The Galapagos Islands in Ecuador was ranked third followed by the Coral Triangles in the Asia Pacific, the Philippines, Silver Bank of the Republic of Dominica, Palau in Micronesia, the Great Barrier Reef in Australia, the Solomon Islands , Isla Holbox in Mexico, and the Kealakekua Bay in Big Island, Hawaii.

The minister attributed the finding and promotion of potential tourist destinations in the country to the hard work of all related agencies.

"Intensive promotional campaigns have begun to bear fruits," he pointed out.

The minister said he would promote other destinations in the country whose beauty were not inferior to that of Bali.

"We have to be confident that our tourism destinations are great for snorkeling, with beautiful diving sites. We can outclass Galapagos, even with our two tourist destinations of Raja Ampat and Komodo," he stated.

Arief said the "Wonderful Indonesia" brand has risen from the 100th ranking to the 47th in 2015, thereby beating the "Amazing Thailand" brand ranked 83rd and the "Truly Asia Malaysia" brand, which is ranked 96th.

He said all Indonesians should be aware of the countrys tourism potentials and together create and maintain a supporting climate to develop the countrys tourism industry.

Frans of Asita remarked that the tourism sector had become one of the countrys competitive economic pillars. It could boost foreign tourist arrivals and help realize its targets.

The government has set a target to attract 10 million foreign tourist arrivals in 2015, 12 million in 2016, and 20 million by 2019.

"Hong Kong, Japan, and Australia will consecutively be the biggest foreign tourist exporters to Indonesia. We hope NTT would receive five percent of the foreign tourists visiting the country. Therefore, we should support it through tourism promotion and regional tourism packages," said Abednego.

In the meantime, the Bali Tourism Office has set a target to attract 4.2 million tourists in 2016.

"This is a provisional target. We have not made detailed calculations as we still have to coordinate with the Udayana University. Ideally, it should be 4.5 million, but we cannot set a target recklessly," Head of the Bali Tourism Office Anak Agung Gede Yuniartha Putra noted.

He made the remarks on the sidelines of a function marking the inauguration of the executive board members of the Bali chapter of the Indonesian Hotel and Restaurant Association (PHRI) on December 16, 2015.(*)


Indonesian tourism gains global popularity - ANTARA News

 

[Nike]

President’s Bullishness Does Little for Bourse as 2016 Trading Opens

Jakarta. The Jakarta Composite Index dipped slightly on the first trading day of the new year, after President Joko Widodo rang the opening bell expressing confidence in Indonesia’s economic prospects in 2016.

The JCI slid by 0.2 percent at the opening before recovering to 4,603.39 as of 10:10 a.m. Investors are awaiting inflation and consumer confidence data to be announced later today, while shaky government finances have left investors cautious.

Joko claimed Indonesia had passed the worst of the current economic malaise in 2015, when economic growth hits its slowest pace since 2009. “I am optimistic that the economy will be better in 2016,” he added.

Investors are awaiting the results of Bank Indonesia’s consumer confidence survey, which should point to where household consumption – which accounts for half of the country’s economy – is heading over the next three months.

The Central Statistics Agency (BPS) is also scheduled to announce today the 2015 inflation rate. Inflation may have slowed to 3.1 percent last year, according to Finance Ministry estimation, from 8.4 percent in 2014, strengthening the case for BI to cut its key interest rate from the current 7.5 percent to stimulate lending and growth.

The government’s efforts to cut red tapes and taxes should help boost economic growth to 5.3 percent next year from an estimated 4.7 percent this year, Joko said.

But he made no mention of the state budget, battered by plunging revenues from commodities and poor tax receipts.

On Sunday, the government announced that the budget deficit amounted to 2.8 percent of GDP in 2015, up from 2.25 percent of GDP recorded in 2014 and flirting with the legal limit of 3 percent – which, if breached, could be grounds for the House of Representatives to seek to impeach the president.

The country’s primary deficit – a measure showing the country is taking on new debt at a higher rate that it is paying back existing ones – almost tripled to Rp 162 trillion ($11.7 billion) in 2015 from Rp 94 trillion in 2014.

Rising state demand for debt could crowd out the financial market, which is already experiencing tight liquidity amid capital outflows, and, in turn, limit the prospect for gains on the stock market.

President’s Bullishness Does Little for Bourse as 2016 Trading Opens | Jakarta Globe

 

[Nusantara]

Domine Eduard Osok Airport Renovation, Gateway to Raja Ampat National Marine Park

NOTE: East Indonesia is the least developed part of indonesia, but it seems Jokowi government currently focusing his development on east indonesia

 

[Nike]

Railways can solve Papua`s transportation problems
Senin, 4 Januari 2016 18:50 WIB | 11 Views
Pewarta: Otniel Tamindael

Map of transportation in Papua. (kemenhub.go.id)

Jakarta (ANTARA News) - Railways are considered to be the most economical and efficient means to solve the transportation problems in Indonesias easternmost provinces of Papua and West Papua.

The people in the two provinces have, for several years, relied on sea and air transport, and they now need overland transportation, such as train service for them to travel from one district to another.

Railway systems are the backbone of transportation globally as they provide fast, high capacity, safe, and punctual transportation with good environmental performance and energy efficiency.

In light of this, the people of Papua and West Papua have expressed hope that the plan to build a railway system there would be implemented immediately.

Karlos Dorowe, a West Papua youth leader, remarked in Sorong on Monday that the railway project could be realized during the administration of President Joko Widodo (Jokowi) and Vice President Jusuf Kalla.

"We hope the railway line, which has been planned since a long time, would be realized during the present government of President Jokowi and Vice President Kalla," Dorowe stated.

He noted that the local community had long awaited the implementation of the railway project.

Dorowe affirmed that railways offer the right solution to solving the transportation problems in Papua and West Papua, which have so far relied solely on sea and air transport that are much more expensive, and only a few people from the high-income group could afford air transport.

"Land transportation facility is very limited to the urban areas. There are no roads connecting one district to another in the province," he pointed out.

He stated that the local people strongly supported the governments plan to build a rail transport facility to link Sorong in the western end to the West Papua provincial city of Manokwari.

According to Dorowe, the railway transport facility would help to boost the provinces economy.

"We are confident that both President Jokowi and Vice President Kalla would pay special attention to the development in West Papua," he affirmed.

West Papua Transportation and Communication Department spokesman Bambang Heriawan Soesanto said in Manokwari early in December 2015 that the master plan of a railway project in the province was expected to be completed immediately.

"The railway system should be available soon as this program is important for large-scale economic development in West Papua," Soesanto remarked.

He stated that the consulting and technical teams from the West Papua Department of Transportation and Communication had been on the field to survey, assess, and seek inputs on the districts and cities that will be covered by the railway network.

Soesanto stated that the construction of a railway network in West Papua is a great program with a long-term vision.

He believes that the existence of a railway network in West Papua will be able to improve effectiveness and efficiency in the distribution of mining, agricultural, and plantation commodities to support the regional economy.

"With the existence of a railway network, oil, gas, minerals, coal, and agricultural and other natural resources can be distributed more quickly and at relatively low costs," he pointed out.

He expressed hope that the people and all public elements in the area would support the railway network, which has been launched by the central government.

President Joko Widodo has indicated that construction of the project would start in 2016.

"The government would likely start construction of railway track in Papua from Sorong in 2016," the president said during a visit to Sorong on the eve of the new year.

He pledged that all districts in West Papua would be connected with railway tracks in 2018.

"I hope the feasibility study of the project would be wrapped up in the last quarter of 2015 and work would start to build the facility in 2016," Jokowi said some time ago last September.

Development of the railway transport facility in Papua is aimed at underscoring that the government wants to bring prosperity to all regions in the country.

"We do not want to hear people saying that the government is interested only in developing Java," Jokowi said when inaugurating the ground breaking ceremony of the LRT Indonesia at Taman Mini Indonesia Indah last September.

Besides railway project in Papua, the central government also expected that the construction work of Trans Kalimantan railway line would be completed in 2020.

"The construction of the railway line connecting all regions of Kalimantan is part of the central governments program and is funded by the state budget. We in the region are only facilitating and supporting its implementation," Mahmud Syamsul Hadi, a spokesman of the East Kalimantan transportation office, stated in Samarinda, recently.

Currently, the feasibility study is ongoing, and the environmental impact assessment will be carried out in 2016.

A feasibility study is being conducted on the 89-kilometer-long Balikpapan-Samarinda line.

The actual construction work will be carried out from 2018 until 2020, with funding allocated from the state budget through a multi-year pattern.
(Uu.O001/INE/KR-BSR)

Railways can solve Papua`s transportation problems - ANTARA News

 

[pr1v4t33r]

Performance of south east Asia's largest economy in 2015
The stories about Asia in 2015, are about economic slowdown and currency depreciation. Indonesia is no exception, as it cut its GDP growth projections, and found ways to maneuver through the crisis. CCTV's Andy Saputra looks at how the country performed last year, and what's in store in 2016.

 

[MarveL]

pada pindah dimari.... thread sebelah baru paceklik anggaran...

 

[Nike]

Indonesia to import 600,000 live cows in 2016
Senin, 4 Januari 2016 22:49 WIB | 492 Views

Jakarta (ANTARA News) - Agriculture Minister Andi Arman Sulaiman said the government will still import live cows in 2016 to meet domestic requirement.

Andi gave no detail including number of cows to be imported, but he said "we will import breeder cows that could give birth 10-12 times."

However, secretary general of the ministry Hary Priyono said the country would import around 600,000 cows in 2016 to meet domestic consumption of 675,000 tons of beef.

The ministry and the Board of Logistics have only a stock of 416,000 tons , therefore, the country would need to import 600,000 cows equivalent to 236,000 tons, he said.

He said there are many cow production centers in the country like East Nusa Tenggara, but buyers prefer to imports because of difficult access to the the centers.

Last month, a new cattle ship began its regular service transporting live cows from East Nusa Tenggara to Jakarta.

The KM Camara Nusantara arrived in Jakartas Tanjung Priok port last month with 353 live cows, the minister said .

With the ship, East Nusa Tenggara began its regular shipments of live cows to Jakarta.

The 353 male Bali cows were ordered by the state run Board of Logistics (Bulog), the minister said, welcoming the first shipment at Tanjung Priok.

The live cows each weighing 250-350 kilograms, would produce 125 kilograms of meat on the average, the minister said.

The minister said the plan was that shipments by KM Camara Nusantara would be made twice every month from East Nusa Tenggara bringing around 150,000-200,000 beef cows a year to Jakarta.

He said the vessel would also brought in beef cows from South Sulawesi, West Nusa Tenggara , East Java and Lampung to Jakarta.

He said the target is to change the market structure with 80 percent of beef requirement in Jakarta to be locally supplied.

So far beef market in Jakarta has been dominated by meat of imported cows mainly from Australia.

The minister said he hoped the operation of the cattle ship would reduce cow transport and distribution costs in the country.

The government of President Joko Widodo is set to improve efficiency in the distribution of beef cow by using local cattle ships .

Transport problem has caused the price to soar making it difficult in shipment of live cows from the regions especially East Nusa Tanggara to Jakarta .

The availability of the special cattle ship would better guarantee market for cows from the breeding centers and supply of beef with a lower prices in consuming regions, the minister said.

The KM Camara Nusantara 1 has spaces enough for 500 cows with international standard . It will be busy transporting live cows from production centers in East and West Nusa Tenggara and East Java to the Greater Jakarta area , the largest consuming region in the.(*)


Indonesia to import 600,000 live cows in 2016 - ANTARA News

 

[Nike]

Food, beverage industry
indifferent to AEC
Khoirul Amin and Prima Wirayani, The Jakarta Post, Jakarta | Business | Mon, January 04 2016, 4:27 PM

While New Year’s Eve fireworks across Southeast Asia marked the birth of the ASEAN Economic Community (AEC), part of the ASEAN Community, Indonesia’s food and beverage associations foresee no significant change in the business landscape unless standards and regulations are harmonized.

Indonesian Food and Beverage Association (Gapmmi) chairman Adhi S. Lukman said over the weekend that the AEC would bring about no major changes for the industry, as most ASEAN members had already progressed with tariff barrier reductions over the last five years.

“We won’t see anything new with the birth of the AEC, as most ASEAN countries reduced over 90 percent of tariffs [on goods] to zero percent during the period of 2010 to 2015,” he said.

However, he added that the government should begin to regard Southeast Asia as a greater Indonesia and employ an ASEAN-centered mindset when formulating policies in the future.

“The harmonization is indeed not an easy process, as each ASEAN member tends to cleave to its own interests. This is something that needs to be resolved,” he said.

One of the ongoing discussions among ASEAN member countries regards the definition of ASEAN products, with some defining them as goods traded and/or produced within the region and some others defining them solely as goods produced there.

The assistant to the coordinating economic minister for trade and industry, Edy Putra Irawady, said last week that the government was preparing to boost the local industry’s competitiveness by slashing red tape.

“We’re now working on incentives for special economic zones, bounded logistics centers, an inland free-trade agreement [FTA] and a government regulation on industrial zones,” Edy said.

He added that all the policies were expected to help Indonesia and Indonesian products compete with other AEC members.

The AEC, one of the three pillars of the newly born ASEAN Community, will deepen integration among the 10 ASEAN member countries by providing freer movement of goods, people and services.

Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand were set to implement full integration by the end of 2015, while Cambodia, Laos, Myanmar and Vietnam are expected to fully join by 2018.

The community will form a single market and production base of some 620 million people with combined gross domestic product (GDP) of US$2.7 trillion.

Gapmmi’s Adhi said that while local food and beverage business players were unexcited by the official launch of the AEC, they were confident about their business prospects, though still cautious about the possible tougher competition.

The fact that ASEAN countries had been reducing trade barriers long before the launch of the AEC had opened possibilities for Indonesia’s retailers to expand their businesses, he said.

Local minimarket chain Alfamart, Adhi said, was in the process of building 100 outlets in the Philippines, while rival chain Indomaret was mulling a similar move.

“What we need to look at is improving our human resources for marketing. Traditionally, people sell products overseas by literally exporting the products [without marketing them],” he said.

Many business groups have voiced concerns that Indonesia will serve solely as a market within the AEC, and not as a production base. This view was shared by a consumer, Dipta Dadia, a 29-year-old private-sector employee, who said he had noticed more imported processed food and beverages at the supermarkets he frequented.

“However, their prices are still higher than local products and their taste sometimes doesn’t suit my palate,” he said in Central Jakarta, adding that he sometimes bought imported instant noodles and chocolate, among other products.

Wider access to imported products in the wake of the implementation of the AEC did not significantly affect his consumption behavior, he said, as such products were not staple foods and not consumed on a daily basis.

The concern was also shared by Association of Indonesian Soft Drink Producers (Asrim) chairman Triyono Prijosoesilo, who said local regulation constraints could mean Indonesia became merely a market for other ASEAN nations.

“We want to see Indonesia as a production base, but if there are too many cost components, investors may opt for neighboring countries as a production base,” he said, adding that Asrim had voiced concern over the government’s plan to impose excise on carbonated and sweetened drinks.

The plan was recently discussed by the government and the House of Representatives as a way to help boost the government’s excise revenue.

But doing so would be a hindrance for the beverage industry amid growing foreign investment in the beverage industry, Triyono said.
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- See more at: Food, beverage industry indifferent to AEC | The Jakarta Post See more at: Food, beverage industry indifferent to AEC | The Jakarta Post

 

[pr1v4t33r]

pada pindah dimari.... thread sebelah baru paceklik anggaran...

Anggaran sih ada, rencana pengadaan juga siap, cuma beritanya belum pada keluar..

 

[Nike]

@pr1v4t33r

berita yang udah keluar sih

1. Kodam di Papua Barat dan Sulawesi Barat sudah jadi tahun ini, disertai dengan pembentukan yon raider dan segala alutsistanya. (Pemindahan personal dari unit Kodam dan Babinsa di Pulau Jawa untuk mengisi post dan yon tempur yang baru)
2. Kopassus nambah satu yon lagi
3. Pasmar 3 sedang dipersiapkan di Papua

Semoga ada crash program buat pembentukan armada AL yang baru

Inflation in 2016 to Remain ‘Tame,' Room for Rate Cuts Seen in Q1, Q2: Analysts

Jakarta. Bank Indonesia will likely be comfortable with inflation staying below 5 percent, providing room for the central bank to cut its key rate in the first and second quarters, analysts said.

Indonesia's annual inflation rate was 3.35 percent in December, the lowest year-on-year reading since December 2009 and significantly eased from November’s 4.89 percent, the Central Statistics Bureau announced today.

“[It was] above our and consensus expectations. The sharp decline in headline inflation was helped by the high base last year as the aggressive fuel subsidy cut pushed up gasoline prices nearly 31 percent,” Barclays economists Wai Ho Leong and Angela Hsieh wrote in a note to clients on Monday.

Barclays estimated Indonesia’s December headline inflation at 2.9 percent, while market consensus saw a 3.0 percent figure.

Leon and Hsieh were referring to President Joko Widodo’s move in November 2014 to raise subsidized fuel prices by an average 33.6 percent as he sought to shift subsidy spending to productive sectors. By December, as effects of the increase diminished, inflation cooled significantly.

Looking forward, according to Ho Leong and Hsieh, with the government lowering the price of low-octane Premium gasoline to Rp 7,150 (51 US cents) per liter from Rp 7,400 and the price of diesel to Rp 5,950 per liter from Rp 6,700 that will be effective from Jan. 5, Barclays lowered its 2016 inflation forecast by 20 basis points to 4.2 percent year-on-year.

“With inflation likely to fall back within Bank Indonesia’s target range of 3 percent-5 percent throughout 2016, we believe it opens up room for further easing,” said the two Barclays analysts.

“This is also consistent with BI’s comment on Dec. 17 when the central bank said room for loosening remained open. We maintain our forecast and look for two-25 basis points rate cuts next year – one in the first quarter and another in the second quarter,” they said.

Other analysts supported the hypothesis of more room for Indonesia’s central bank to cut its key rate.

Wellian Wiranto, an economist at OCBC in Singapore, said Bank Indonesia is likely to cut its key rate to 7.0 percent and keep it that level for the rest of the year, as it also seeks to maintain stability for the rupiah that may be threatened by possible capital outflow after the US Federal Reserves raised its key rate.

Inflation in 2016 to Remain ‘Tame,' Room for Rate Cuts Seen in Q1, Q2: Analysts | Jakarta Globe