Finance: Februari 2013

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Kamis, 28 Februari 2013

High prices, farmers do not think watermelon

Sodik Sindo-Newspaper

Ilustrasi

Sindonews.com -sand beach land Farmers Bugel, jungle gym, Kulonprogo Middle rejoice. Central farmers go through harvest watermelon feast on the land area of 25 hectares (ha).

The crops farmers are quite encouraging. From each hectare of land can be generated 40-50 tons of watermelons.

Chairman of farmers group Gisik Prajani Sukarman said, in addition to a fairly good crop yields, farmers growing excitement. The reason, the price of watermelons at the farmers ' level are quite passable reached Rp 2,150 per kilogram (kg). Whereas previously only touched the figure of Rp 1,500 per kilogram.

"Farmers Harvest this year is good enough. For semangkanya only, from each hectare can reach 40-50 tons. The price is also fair, had reached Rp 2,150 at the level of farmers, "said Sukarman, Sunday (24/2/2013).

He explained, the high price of watermelons at the level of farmers due to the large demand both from Jakarta, Bandung and Surabaya. According to him, the watermelon farmer coastal generated good quality. Certainly not cheat farmers so that the watermelon tasted sweet and red.

"Watermelons from the coastal farmers worth consuming. There is no injection system so that the fruit is sweet and red. But, watermelon here have a distinctive feature of the sweet taste, its flesh is red and bright yellow skin, "he explained.

He said, to produce a good watermelon is not without constraints. The farmers had blocked the attack of pests fruit flies. These pests make watermelon fruit rot. Lucky, pest attack just about 5-10 percent of plant only.

"We are the key to success with planting synchronously. Nurtured with organic fertilizer and pest plant organisms as well as handling is done synchronously. Because everything is done synchronously, not much impact on pests plant watermelons, "pungkasnya.

(rna)

Finance; Investment; Business; Economics

Agus Marto and Darmin Nasution swap positions?

Michael Augustine -Sindonews

Gubernur BI, Darmin Nasution (kiri) dan Menkeu, Agus Martowardojo (kanan)

Sindonews.com -economic Observer Faisal Basri, estimates, Finance Minister Agus Martowardojo, and Governor of the Bank Indonesia (BI), Darmin Nasution, will exchange positions.

The two main pillars of the country's financial policy makers judged to have very high integrity and not easily intervened by political parties. Therefore, estimates they will remain Faisal defended and only changed its position.

"Pak Darmin and Agus it two main pillars that are not of the party. They were later tukeran place. I have a feeling their place because they had a tukeran integrity that are difficult to find, "said Faisal told reporters in the building of the Constitutional Court, Jakarta, Monday (23/2/2013).

Faisal added, the high credibility of Agus Martowardojo is what made President Susilo Bambang Yudhoyono (SBY) would like to insist on making BI Governor, Gus is not a lot of people who have high credibility as Agus.

"It also makes Pak SBY outside objections have a firmness to bring into the House of representatives (DPR)," the lid.

As is known, the name of Agus Martowardojo, who is currently serving as the Minister of Finance (the Minister) has been filed by a single Governor candidate SUSILO BAMBANG YUDHOYONO as BI. If it gets approval from the Parliament, will Governor BI Agus period 2013-2018 Darmin Nasution succeeded.

(izz)

Finance; Investment; Business; Economics

Developers select luxury homes, East Java residential backlog

Nurul Arifin -Okezone

ilustrasi perumahan mewah

Sindonews.com -a number of developers in East Java (Java) prefer the middle and luxury homes. This condition makes the East Java suffered a backlog (short supply). Aplagi, the figure is expected to increase the backlog of about 24 percent a year.

Chairman of DPD Real Estate Indonesia (REI) of East Java, Eason said, Satriagung to address the backlog of housing need special schemes. That is, government policies such as in the areas of fiscal and provincial government land over the function.

The policy, he continued, should involve steakholder. For example, the coordination between the Ministry of Finance (Kemenkeu) and the Ministry of the Interior (Kemendagri). "If there is not a special scheme within the project RST (simple House footprint), the backlog will keep going until whenever," he said, Saturday (23/2/2013).

It claims to be, the developer did prefer the middle and luxury homes. Since, priced two types of houses are more interesting than the RST. "And reasonable because it is a business," he added.

EASON requested the Government immediately form a Committee to mengatasai licensing backlog. This Committee will facilitate the pengembangkan when going to build housing projects. Automatically, by the existence of this particular scheme, target build 50 thousand RST met. It's been achieved development 20 thousand RST.

"By forming the team Included the acceleration of housing development. This team consists of BPN, PLN, PDAM and associated with housing, "he said.

The Governor of East Java, Soekarwo said, the current provincial Government of East Java with REI being compiled Java helpdesk. So, the process of licensing and other related housing development needs will be catered for under one roof.

"The plan is still our helpdesk formation boiled with REI. It is to anticipate the needs of the residence in East Java that continues to rise, "said the man who accosted Pakde Karwo familiar.

At present, he continued, the RST indeed less interest. Home-related needs of the community have led to the mansion. Developers also build more middle-class homes. Whereas, simple home rarely built.

"Well, for that Government should intervene in order to be able to fullfill the needs of society for those who have difficulty home occupancy," said Pakde Karwo.

(izz)

Finance; Investment; Business; Economics

The Menu option MNC stock Securities

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) at today's trade diproyeksi will be rawannya affected by profit taking. To that end, the head of research Edwin Sebayang MNC Securties, recommends a number of stocks that can be observed on a Friday (22/2/2013), namely:

BBCA 10200-10500 (TP: Rp 10,500 2013F) White Candle Pattern formed on BBCA indicates Bullish Reversal. BUY 10300

16350 SMGR-16800 (TP: Rp 21200 2013F) White Candle Patterns are formed over SMGR indicates Bullish Reversal. BUY 16500

ADHI 2350-2575 (TP: Rp 2600 2013F) Two White Soldiers Pattern is formed above indicates a Bullish Continuation ADHI. BUY 2425

BMRI 9150-9500 (TP: Rp 10.650 2013F) Two White Soldiers Pattern is formed over the BMRI indicates a Bullish Continuation. BUY 9300

PTPP 880-960 (TP 2013F: USD 1200) Two White Soldiers pattern is formed over a PTPP indicates a Bullish Continuation. BUY 910

BBNI 4225-6000 (TP: Rp 4650 2013F) White Opening Marubozu was formed Patterns over the indicating a Bullish Reversal BBNI. BUY 4300

INDF 6700-7100 (TP 2013F: USD 7300) Two White Soldiers Pattern is formed over the INDF indicates a Bullish Continuation. BUY 6900

KLBF 1110-1170 (TP: Rp 1300 2013F) White Marubozu Closing Pattern formed over KLBF indicates Bullish Reversal. BUY 1140

TLKM 9750-10000 (TP 2013F: Rp 10500) White Marubozu Closing Pattern formed over TLKM indicates a Bullish Reversal. BUY 9850

GGRM 50850-51900 (TP 2013F: 60500 Usd) Short White Candle Patterns are formed over GGRM indicates Bullish Reversal. BUY 51200

ASRI 870-930 (TP: Rp 840 2013F)
Short White Candle patterns are formed over a BEAUTIFUL indicates Bullish Reversal. BUY 890

(rna)

Finance; Investment; Business; Economics

The price of garlic is translucent Rp30 000/kg

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -bad weather that had colored natural disasters, such as floods in some areas led to a number of staple household needs in the form of veggies and herbs-bumbuan increase significantly.

"All rise. Started to rain, so the only taxable flood gede, the prices started on a climb, "light a merchant on the market Block A, Samsul Arifin to Sindonews, Thursday (21/2/2013).

The most significant increases occurred at the price of garlic that touches thousands of Rp30 price per kilogram (kg). Samsul mentions, this is the highest price increase garlic throughout history because in the last year, the price of garlic has only been at the price of Rp5 thousand.

"Garlic last year just Rp5 thousand per kg, now Rp30 thousand per kg. This is the highest price in history, "bright he is.

In addition to regular garlic, garlic kating also showed an increase. "That's the price of regular garlic, if that kating (good quality garlic) it could be the translucent Rp35 thousand to 40 thousand. Last month, before there was flooding yesterday it just Rp25 thousand, "added he.

Samsul adds, the increase also occurred on other agricultural products, such as Eggplant which was originally to be Rp3 thousand Rp7 thousand per kg. Red chillies from originally being Rp30 Rp20 thousands-35 thousand.

Later, Col. originally Rp4 thousand, rising to Rp6 thousand per kg. Meanwhile, the original tomato Rp5-6 thousand, now rose to Rp12-15 thousand. Tomato vegetable or green tomatoes from Rp6 thousands so Rp12 thousand. Curling chilli ijo, from rose to Rp14 Rp8 thousand thousand.

"Patokannya before the rain and floods when it rains because it's so rotten vegetables easy. So, any rain, what's more until there is a flood or landslide as Genesis in Bandung, the price is definitely going up, "he said.

(rna)

Finance; Investment; Business; Economics

Wall Street again rectified

J Erna -Sindonews

Ilustrasi

Sindonews.com -stocks on exchanges on Wall Street trade Thursday local time closed corrected two days in a row. In fact, the index registered a record S&P 500 worst daily for two days in a row since November after investors gave negative responses on the economic report of the United States (US) and Europe.
However, the rally at the end of stock trading that occurs to minimize correction going on in the technology sector in the Nasdaq index. This indicates that investors are still interested in buying the stock despite a sharp decline at the end of the trading session.

"Results of the purchasing management index (PMI) of Europe really be a blow for the stock market. The market expects the recovery, yet the problems in Europe are still high, "said head of Investment Advisory in Portsmouth Harbor, Jack De Gan, as reported by Reuters, Friday (22/2/2013).
Claim unemployment benefits in the u.s. rose more than expected in the last week. While the Federal Reserve Bank of Philadelphia said business conditions index in the U.S. mid-Atlantic region plunged in February to the lowest level in eight months.
at the close of trading last night, The Dow Jones industrial average (DJI) was down 46,92 points or 0.34 percent to,62, The Index 13.880 Standard & Poor 500 (SPX) slid 9,53 points or,42 percent to 1.502 0,63, and Nasdaq Composite Index (IXIC) plummeted 32,92 points or 1.04 percent to 3.131,49.

(rna)

Finance; Investment; Business; Economics

Rabu, 27 Februari 2013

IHSG prone to profit taking action

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) at today's trade diproyeksi will be in the range of-4.653 4.596. With the inverted hammer pattern placed over her amid the overbought Stochastics indicator indicates rawannya exposed to profit taking.

So disclosed Research Head MNC Securties, Edwin Sebayang, Friday (22/2/2013).

Statement of The Federal Reserve Bank of Philadelphia said Business Conditions Index-Mid-Atlantic Region in February that sharp terkontraksi 2 consecutive months be-12.5 (indicate the manufacturing sector terkontraksinya in the area).

In addition, the sharp increase in Weekly unemployment benefit Claims jumped 20,000 unit wrote a sharp adjustment level becomes a factor in the decline of the 362,000 back Dow Jones of 46.92 points (-0.34 percent) accompanied the rise in The Vix closed down 3.68 percent + at level 18.

It happened in the middle of his in line the existing home sales data be 4,92 million homes but offer homes for sale terkontraksi to as low as the lowest in 13 years as well as The Leading Economic Index increased in January, thus giving a signal of economic activity grew.

The impact statement of The Fed's bond-buying program will stop the alias being "the Era of Cheap Money" back push commodity prices down sharply, oil-1.5 per cent, gold-0.15 percent (to level USD1500), nickel-tin-1.8 percent and 2.44 percent.

"With the fall of the" so it for 4 days in a row, the price of Nickel was down 9.16 percent and Tin-down-8.25 percent makes enough reason to Sell commodity-based stocks or • avoid, "said Edwin.

In addition, he said, with the Dow's fall back into negative sentiment for the overnight trade Friday amid the JCI this valuation overvalued him some big caps stocks & 2nd liners amid a major factor not to fall arrestor JCI, i.e. "The Liquidity Driven Market" which reached AS of YTD (Thursday, 8/02), net foreign buying amounted to Rp13,10 trillion.

(rna)

Finance; Investment; Business; Economics

Steel Pipe melantai Exchange official

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -PT Indonesia stock exchange (idx) is getting crowded as a new family member on the Board of the Exchange shares chalked up. This time, turn the Steel Pipe Industry of PT Indonesia listed as issuers to six this year.

Recorded with the issuers, the company code of ISSP undoing as much as 2.9 billion shares or equivalent to 40 percent of a total of 7.185.992.035 shares recorded and deposited after the initial public offering of shares of Prime (initial public offering/IPO).

The company's President Director, Ibn Susanto mentions, the company's shares are offered with prices per sheet Rp230 stocks that the Fund will be used to support the funding of the company.

"As much as 42,94 per cent for capital expenditures, for repayment of credit 12,06% working capital and the remaining 45 percent to an increase of working capital," said Ibn in the BEI, Jakarta, Friday (22/2/2013).

Present as AAA Securities underwriter was appointed by the company.

(rna)

Finance; Investment; Business; Economics

IHSG weakened diproyeksi weekend

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -Closing weekend, composite index (IHSG) potentially weakened following the weak sentiment of support.

"Today we map out JCI will move sideways with a tendency to weaken. The range of support-resistance-4.618 4,756, "bright PT Panin Securities Analyst Research, Purwoko Sartono, Friday (22/2/2013).

Porwoko mentions, IHSG closed yesterday weakened following the correction of thin also occur in regional exchanges.The weakening of the Asian regional stock exchange ahead of The Fed's meeting next week.

Meanwhile, investors were concerned the study plan back monetary stimulus program.

"Moreover, the market also reacted negatively over the discourse of Prime Minister of China, Wen Jiabao, that would tighten the housing market in the country," he said.

(rna)

Finance; Investment; Business; Economics

The HOUSE of REPRESENTATIVES there is import game sniffed garlic

Michael Augustine -Sindonews

Ilustrasi/ist

Sindonews.com -the House of representatives (DPR) signals the presence of games in the RI Division of import quota allocation of garlic. As a result of this game, the price jumped up to Rp30 garlic thousand per kilogram (kg).

"The RIPH (Horticultural Products Import Recommendations) already published last year did not fall on importers who are supposed to be. Us signals there is a game here (import of garlic), "said the Chairman of the HOUSE Commission IV Romahurmuzy, when you call Sindonews, in Jakarta, Thursday (21/2/2013).

It is further alleged, a member of Parliament from the faction of the PPP, based on the designation of a number of companies which are not obviously his track record for importing garlic. A number of companies that have experienced doing import garlic instead get fewer quotas.

"Thus the perpetrator-perpetrators of the real business gets no quota is greater than the (companies)," said Romahurmuzy.

As reported previously, President Susilo Bambang Yudhoyono (SBY) instructed Commissioners to oversee the garlic price increase less reasonable.

"I expect Ministers and Governors to be aware of and control over stabilization of prices of daily needs are rising less reasonable," said SUSILO BAMBANG YUDHOYONO, recently.

Based on his notes, the price of garlic in two months lately surged enough sharp from Rp25 thousand reach Rp30 thousand per kg.

(izz)

Finance; Investment; Business; Economics

Economist: Gas export commodity was not

Michael Augustine -Sindonews

Ilustrasi

Sindonews.com -Economic Observer Faisal Basri said, gas is a national strategic asset. Therefore to increase the competitiveness of the industry, gas should not be used as a commodity, but as the energy to drive the domestic industry.
"Last year, we pay subsidies of energy more than Rp306 trillion. While oil and gas contributions to only Rp277 billion STATE BUDGET. So, the result of oil and gas exports that we do is not enough for the subsidy. That is, make the gas as a commodity that's very wrong, "Faisal said in affidavits that earned Sindonews, Jakarta, Friday (22/2/2013).

According to Faisal, in case the gas crisis at the impact already is visible from the tendency of deindustrialization in the region of North Sumatra (Sumatra). In recent years the contribution of industry to the gross Regional domestic product (PRDB) of North Sumatra continued to decline.
Therefore, he suggested, the Government should seriously in providing assurance of supply for gas industry in Medan. With the increase of the supply of gas, means the industry will continue to grow and open up greater employment.

"Indonesia must be able to transform from agriculture to industry as an indicator of progress. But that happened today the industry experienced a lot of problems. Even 54 percent of the workforce employed in the informal sector, this is sad, "stated Faisal.

(rna)

Finance; Investment; Business; Economics

The price of liquefied petroleum gas will rise 12 kg so Rp 95.600/tube

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -to suppress losses experienced by the company, PT Pertamina (persero) plans to raise the price of liquefied petroleum gas fuel size 12 kilograms (kg) of $ 2.54 per tube. This is due to the rising prices of raw materials.

"Pertamina planned to raise the selling price of Rp 12 kg LPG 2.166 .6/kg ($ 2.54/tube), so that the selling price of LPG price will climb 12 kg from Rp to Rp 70.200/tube/tube, 95.600" bright VP LPG and Gas Product Pertamina, persistent Rev. Irianto Days at Pertamina's headquarters, on Wednesday (20/2/2013).

The rise, further persistent, especially intended to suppress losses that had plagued the company. All 2012, persistent explains, it recorded at least there is a loss due to the selling price of LPG specifications yet in the market, which reached Rp4,7 trillion loss figures

"The year 2012 losers Rp4,7 trillion. With 12 kg LPG sales target by 2013 amounting to 910.721 MT equivalent assuming USD917/CP Aramco MT (exchange rate Rp 9.384) if there were no price adjustment will cause the Pertamina losers Rp5 trillion by 2013, "he explained.

More Persistent structure that describes, in the proposed oil and gas companies the red plate, the increase mainly happened due to an increase in significant gains in the prices of raw materials per kilogram of LPG. "Raw material Prices earlier, while $ 4,039 currently already reached Rp 6.412," he asserts.

(rna)

Finance; Investment; Business; Economics

Selasa, 26 Februari 2013

Shares of the Trust Securities Options Menu

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) predicted would continue weakening weakening sentiment swept up in the global.

Trust Securities Research head, Reza Priyambada recommends a number of shares that could be considered at a trade Friday (22/2/2013), including:

SMGR Trading buy, 16250-16450-based ports support resistance 16650-16700 |TP 16650 |Spinning above the middle bollinger band (MBB)

BoW, MNCN support 2500-2575 resistance 2650-2700 |TP 993 |Piercing line. RSI is starting to upreversal

ACES BoW, 700-720 resistance support 760-770 |TP 760 |Tweezers bottom in the lower bollinger band

Trading buy, support ITMG 40000-40250 resistance 40850-40900 |TP 40850 |Hammer under MBB

Other stocks:

ASII 7650-8000 |Trading sell if 7700 failed to survive

BMRI 9150-9500 |Trading buy for 9250 line-up

CPIN 4200-4400 |Trading sell if 4250 failed to survive

KLBF 1110-1170 |Trading buy for up 1140

BBCA 10100-10550 |Trading buy for up 10300

350-450 DILD |Trading sell if 400 failed to survive

(rna)

Finance; Investment; Business; Economics

Shares of Steel Pipe opened up thin

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -in contrast to the movement of the steel industry sector stocks in general are experiencing weakening, the shares of PT Steel Pipe Industry Tbk (ISSP) precisely recorded rise of 1.69 percent to thin the price than the bid price at Rp300 Rp295.

From the Board of the Exchange, stocks had recorded visible at the lowest level in its highest level and the level at Rp270 level Rp305.

Issuers who entered the steel industry sector has been traded as much as 613 times with trading Volume as many as 112 thousand lots and trade value of Rp16 billion.

At the time of initial public offering shares of Prime (initial public offering/IPO), the company's undoing as much as 2.9 billion shares or equivalent to 40 percent of a total of 7.185.992.035 shares.

The company's President Director, Ibn Susanto mentions, the company's shares are offered with prices per sheet Rp230 stocks that the Fund will be used to support the funding of the company.

(rna)

Finance; Investment; Business; Economics

Antam rose gold selling price Rp 1,000/gram

J Erna -Sindonews

Ilustrasi

Sindonews.com -sale price of Gold Mining COMPANY PT Aneka Tbk (Antam) on this weekend's trade rising to Rp 1,000 per gram after yesterday's drop of Rp 6,000 per gram. Friday (22/2/2013), gold at the price of Rp dibanderol Antam 562.200 per gram.

While the price of repurchase (buyback) Gold company is the price per gram Rp492 thousand.

Quoted from the official website logammulia.com, the price of gold was valued at Rp 1.084.400 2 grams, with the price per gram worth Rp 542.200. now, the price of gold 3 gram pegged Rp 1.606.600 Rp 535.533 per gram. The price of Gold 4 grams worth Usd 2.128.800, with the price per gram of Rp 532.200.

In addition, the selling price of gold 5 g set Rp 2.661.500 with a price per gram is valued at Rp 532.300.10 grams gold Rates pegged at Rp 5.282.000, with the price per gram of Rp 528.200.

Meanwhile, the gold price is Rp 13.130.000, 25 grams at a price of Rp. 525.200 per gram of gold price 50 grams of Rp 26.195.000, Rp 523.900 price per gram.

Meanwhile, the price of gold 100 grams of Rp 52.340.000, Rp 523.400 price per gram and 250 gram price reached Rp 130.750.000 per gram, with prices pegged at a price of Rp523 thousand. However, for 25 grams of gold to this day is not available.

(rna)

Finance; Investment; Business; Economics

IHSG opened up 1 point

J Erna -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) at this weekend's trade opened up a thin 1.18 points or 0.02 percent to as low as 4.633,58. Attenuation occurs due to the outbreak of the JCI correction happens on Wall Street over the past two days in a row.

While at the end of trading yesterday, weakened JCI 2.05 points or 0.04 percent to as low as .40 4.632. The Asia index in its opening weekend it opened in the Red territory.

Shanghai's index slipped 0.40 points or 0.02 percent to 2,325,55; The Nikkei 225 index eroded 127,37 or 1.13 percent to,76, the index 11.181 Straits Times dropped 8,63 points or 0.26 percent to,97 and the index 3.278 Hang Seng plummeted 159,65 points or 0.70 percent to 22.747 .02.

Meanwhile, the Indonesia stock exchange as much as 38 stocks rose, recorded 37 stocks down and 84 shares stagnant. The value of transactions recorded Rp171,12 billion with trade volume reached 361 million shares. IHSG experience selling pressure, with net selling transaction value reached Rp18,34 billion.

As for the stocks that strengthened (top gainers on), among others, PT Adhi Karya tbk (ADHI) up to Rp $ 2.450, PT Bank Mandiri Tbk (BMRI) up to $ 9,350 Rupiah and PT Hexindo Adiperkasa Tbk (HEXA) up to Rp 6.150 Rp50.

While the weakened stocks (top losers), among others, PT Astra Agro Lestari Tbk (AALI) down to Rp 18.700 Rp200, PT Jasa Marga Tbk (JSMR) down to $ Rp 5.550 and PT Indocement Tunggal Prakarsa Tbk (?) down to Rp $ 21.600.

(rna)

Finance; Investment; Business; Economics

Weak support global, JCI will be rectified

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -Potential attenuation composite index (IHSG) going to trade this day coloring-induced weakening of global sentiment that exists.

"On the trade Friday (21/2) thought would be at JCI support 4613-4622 4662-4670 and resistance," said the head of the Trust Securities Research, Reza Priyambada, Friday (22/2/2013).

Patterned to resemble shooting star under the upper bollinger bands (UBB). MACD up thin with positive horizontal histogram. RSI, William 's%r and Stochastic back above the overbought area downreversal.

Of course assuming it still maintained a positive sentiment in the market, the global stock market conditions which tend to be in overbought area could potentially experience a weakening and will be available on JCI.

"For that reason, when downreversal signal remains beware started there that could potentially bring the JCI area support him," he imbuh.

In previous trading, weakening Asian stock exchanges nearly a majority to make the rate of JCI hampered that ultimately must end in negative territory.

But early in the session had to be green, however, did not last long. Market participants early in the session the possibility still hope can still be strengthened under JCI back however, it is not supported with trading volume so that it turns her into a negative return JCI.

Plaques, action against market participants wait so whether GMS Earth tend to make market experienced Plc attenuation. European stock markets opening downside ahead of the decision of The Fed stimulus also affect negatively on the JCI.

"All the trading, touching as low as JCI 4.656 13 (its highest level) at the beginning of session 1 and touch the level of 4.617 0.66/100 ml (the lowest level) in mid-session 2 and finally managed to roost in 4.632 .40 level," he said.

The Volume of trading and the value of total transactions declined. Foreign investors buy rises chalked up nett value of the transaction to buy and sell transaction. Domestic investors notes nett sell.

The movement of the exchange rate of the rupiah rebounded after thin market participants respond to a rise in French business surveys and price producer index Germany.

Do not miss, decline in unemployment claims release United Kingdom could provide positive sentiment. However, the pace of the appreciation of the rupiah started with negative sentiment is stuck from The Fed through the release of the FOMC notula shows concern over the negative impact of the high monetary stimulus from The Fed.

In addition, the FOMC Notula also shows that there is a desire from some of the top brass of The Fed to stop buying bonds before the program, labor conditions have a significant improvement and so the market will make increasingly alarmed potential monetary tightening from The Fed.

Not to mention from a decrease in manufacturing index data in a number of European regions so that further depresses the Euro until the end of the session.

"Asian stock exchanges weakened after news circulated numerous restrictions on the property industry will weaken demand for loans of banking and building materials. On the other hand, the outcome of the FOMC meeting The Fed who pitched the stimulus and restriction is likely to increasingly tight monetary policy, China was also affected negatively, "said Reza.

(rna)

Finance; Investment; Business; Economics

Recently opened, stocks up 50% direct PTMA

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -newly recorded on the Board of the Exchange, the shares of PT Trans Power Marine Tbk (TPMA) opened directly strengthened significantly reaching 50 percent of the bid price of Rp230 and opened on its highest level of Rp345 per share.

From the Board of the Exchange, stocks had recorded visible at the lowest level in its highest level and the level of Rp300 at Rp345 level.

The issuer has total assets of USD73,7 million, with a revenue of USD37,04 million and net income of USD6,6 million, have been traded as much as 13 times as much Trading Volume 299 lot and trade value amounting to Rp49 million.

At the time of initial public offering shares of Prime (initial public offering/IPO), the company's undoing as much as 395 million shares or equivalent to 15 percent of a total of 2.6333.300.000 shares. The main Director of the TPMA, Daniel Wardojo said, the number of shares on the primary market booking reaches more than twice the number of shares on offer.

Now, the company's shares are offered with prices per sheet Rp230 shares, with a target IPO funds amounted to Rp90 billion. These funds will be used to add equipment as well as the company's owned fleet.

"The company needs to add a new fleet to meet customer demand and improved performance," said Daniel BEI building, Jakarta, Wednesday (20/2/2013).

(rna)

Finance; Investment; Business; Economics

Senin, 25 Februari 2013

The price of gold down Antam Rp 1,000/gram

J Erna -Sindonews

Ilustrasi

Sindonews.com -sale price of Gold Mining COMPANY PT Aneka Tbk (Antam) on today's trade was down Rp 1,000 per gram after stagnating during the day yesterday at IDR 568.200 per gram. Wednesday (20/2/2013), gold at the price of Rp dibanderol Antam 567.200 per gram.

While the price of repurchase (buyback) Gold company, also came down with the same nominal be Rp501 thousand per gram, after yesterday being at the price of Rp502 thousand per gram.

Quoted from the official website logammulia.com, the price of gold was valued at Rp 1.094.400 2 grams, with the price per gram worth Rp 547.200. now, the price of gold 3 gram pegged Rp 1.621.600 Rp 540.533 per gram. The price of Gold 4 grams worth Usd 2.148.800, with the price per gram of Rp 537.200.

In addition, the selling price of gold 5 g set Rp 2.686.500 with a price per gram is valued at Rp 537.300.10 grams gold Rates pegged at Rp 5.332.000, with the price per gram of Rp 533.200.

Meanwhile, the gold price is Rp 13.255.000, 25 grams at a price of Rp. 530.200 per gram of gold price 50 grams of Rp 26.445.000, Rp 528.900 price per gram.

Meanwhile, the price of gold 100 grams of Rp 52.840.000, Rp 528.400 price per gram and 250 grams price reached Rp132 million, with the price per gram is pegged at a price of Rp528 thousand.

(rna)

Finance; Investment; Business; Economics

WINS back the child's new venture pitch

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -After not long ago established PT WIN maritime, Offshore Marine Wintermar PT Tbk (WINS) back to form a new company called child entities of PT Wintermar Asia.

"On February 18, 2013, Offshore Marine Wintermar PT Tbk (WINS) established a child entity of the company, PT Wintermar Asia," said Corporate Secretary WINS Nely Layanto in information disclosure Indonesia stock exchange (idx), Wednesday (20/2/2013).

Now, the company's share ownership in the new venture's son reached 99 percent. While the rest or 1 percent owned subsidiary of the company, namely PT Wintermar.

Not long ago, WINS also has established a new subsidiary called PT WIN Maritim on February 12, 2013. The majority ownership stake in the new subsidiary is owned by the company, i.e. achieving 99 percent. While the rest of about 1 percent owned subsidiary of the company's other enitas, namely PT Wintermar.

In addition to setting up the new subsidiary genjar, the company also provides loans while (bridging loan) to his child entities, namely PT WM Offshore of USD6,7 million. The loan is provided for the payment of the purchase of the vessel type platform supply vessel named for the needs of the Natuna and WM working capital of these new ships.

PT WM Offshore was the son of the company's business with stock ownership reached 51 percent. While 45 percent of shares owned by PT Meratus Line and the remaining 4 percent owned PT Edenvale.

(rna)

Finance; Investment; Business; Economics

Wait an additional catalyst for the JCI back strengthened

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) in trading yesterday predicted would be in the range of 4.563-4.620. The pattern of Short Black Candle in the middle of his indicators overbought RSI, momentum and stochastic indicate potential JCI formed over the continued minor profit taking.

Thus expressed, head of Securities Research, Edwin Sebayang MNc began Wednesday (20/2/2013).

From the global market, sentiment that blow mainly include the magnitude of the value of the M&A factor that occurs in the USA from the beginning until 2013 last week totaled USD158 billion and rising German Consumer Sentiment to the highest level over the last three years that implicitly indicate expectations of recovery of the German economy "became a catalyst.

In addition, the Dow Jones rose approaching the highest level in the last five years amounted to + 53,91 points (+ 0.39 percent) accompanied by decline in The Vix closed down 1.2 per cent of the level in the middle of the weakening of the data bit 12.31 Home Builders Confidence level in February to 46 compared to January data at level 47 (whereas consensus economists 48).

His stock Overvalued some big caps and second-liners, the fall of commodity prices nickle and lead each of-2.75 percent and 2.38 percent overnight on the LME and the weakening of the USD/INR back to as low as 9700 amid rise of the Dow Jones last night.

"The factors above becomes a factor driving JCI this Wednesday I anticipated it will move in a narrow range is limited while waiting for a catalyst to push further into the highest level of the new JCI next," Edwin node.

(rna)

Finance; Investment; Business; Economics

The anticipation of DNA horses, BPOM Nestle products examined

Rico Afrido -Sindonews

Ilustrasi/Ist

Sindonews.com -the Minister of health, Nafsiah Mboi INDONESIA reveals, at this time the Drug and food Supervisory Agency (BPOM) investigating Nestle products in circulation in Indonesia.

This follows the news that Nestle, the world's largest food company, has attracted all the beef pasta products in Italy and Spain after the laboratory test showed traces of the DNA of the horse.

"BPOM are researching now is there. As long as it has not been found, "he said at the Presidential Palace, Jakarta, Monday (19/2/2013).

He said, cases that occurred abroad, is new. "That's why Fda review. If it exists, would certainly be withdrawn anyway. But until now there has not been, "he said.

His party has called Nafsiah confessed to Nestle in Indonesia's representative to confirm this. "We've been calling Nestle, they agree to obey government regulations that PP No. 33/2012 and support implementation of the PP. Will not give milk formula, "he said.

As is known, the Switzerland-based company stopped shipping the product contains meat from a supplier of Germany. Nestle was big food producers most recently found traces of horse meat in beef products.

A spokesman for the company said, the very low level of horse DNA but above percent percent. Last week, Nestle says their products do not contain horse meat. Nestle pulls two frozen pasta products, Buitoni Ravioli and Tortellini Beef Beef, in Italy and Spain.

Lasagnes à la Bolognaise Gournandes, a frozen products for the catering business that manufactured in France will also be withdrawn. A spokesman for the company said on the BBC that Nestle has identified these issues with suppliers from Germany.

A statement on the website of Nestle's suppliers identify is the HJ Schypke, a sub contractor from JBS beef processing company of Toledo, great.

Nestle will now perform a series of tests on all their beef products. Horse meat scandal has resulted in at least 12 European countries.

(gpr)

Finance; Investment; Business; Economics

Today, Trans Power Marine melantai in Bursa

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -PT Indonesia stock exchange (idx) back to the arrival of a new family member. Present as issuers to five this year, PT Trans Power Marine official records of its shares on the stock exchange.

Recorded with the code, the company is removing the TPMA issuers as much as 395 million shares or equivalent to 15 percent of a total of 2.6333.300.000 shares recorded and deposited after the initial public offering of shares of Prime (initial public offering/IPO).

The main Director of the TPMA, Daniel Wardojo said, the number of shares on the primary market booking reaches more than twice the number of shares on offer.

Daniel also mentions, the company's shares are offered with prices per sheet Rp230 shares and expected to rake in close to the IPO funds amounted to Rp90 billion from the initial public offering.

These funds will be used to add the equipment owned by the company. "The company needs to add a new fleet to meet customer demand and improved performance," said Daniel BEI building, Jakarta, Wednesday (20/2/2013).

In the same occasion, President Director Ito Warsito BEI, expressed a welcome as good for issuers who joined BEI's fifth this year. "As the fifth of the year, issuers TPMA is expected to be menyemarakan composite index at the stock market," stated Ito.

Present as a securities underwriter BCA is appointed directly by the company.

(rna)

Finance; Investment; Business; Economics

The Menu option MNC stock Securities

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) in trading today, indicating the continued potential minor predictable profit taking. To that end, the head of research Edwin Sebayang MNc Securities, recommends a number of shares that could be considered in trade on Wednesday (20/2/2013).

BBCA 10050-10400 (TP: Rp 10,500 2013F) Three White Soldiers Pattern formed on BBCA indicates a Bullish Continuation. BUY 10200

TOTL 2145-1100 (TP 2013F: $ 1050)
Dragonfly Doji pattern formed over a TOTL indicate slowing down the action to buy. BUY 1060

GGRM 50400-51000 (TP: Rp 60500 2013F) Three White Soldiers Pattern is formed over the GGRM indicates a Bullish Continuation. BUY 50900

SMRA 1970-2150 (TP: 2200 2013F)
White Marubozu pattern formed over SMRA indicated Bullish Reversal. BUY 2025

JSMR 5450-5800 (TP: 5800 2013F)
Bullish Engulfing pattern formed over indicates a Bullish Reversal JSMR. BUY 5550

IMAS 5300-5500 (TP: 6600 2013F)
Dragonfly Doji pattern formed on the IMAS indicate slowing action selling. BUY 5350

BAJA 480-481 (TP 2013F: 730)
Bullish Harami Cross patterns are formed over the selling pressure slowed, indicating the STEEL. BUY 495

MDRN 1000-1060 (TP 2013F: 1060)
Two White Soldiers pattern is formed over MDRN indicates a Bullish Continuation. BUY 1020

BBRI 8550-8900 (TP 2013R: 8700) Bullish Harami Pattern formed over indicates a Bullish Reversal BBRI. BUY 8650

CTRA 950-1020 (TP: Rp 1080 2013F)
White Opening Marubozu was formed patterns over the indicating a Bullish Reversal CTRA. BUY 970

40050 ITMG-40900 (TP: Rp 44600 2013F) placed under the Hammer Pattern formed on ITMG indicated selling pressure slowed. BUY 40300

(rna)

Finance; Investment; Business; Economics

Minggu, 24 Februari 2013

Alfamart agreement were violating the laws

Herni Amir -Sindo Newspaper

Foto: Alfamartku.com

Sindonews.com -Department of Labor (Disnaker) the city of Makassar, South Sulawesi, the working agreement revealed between modern retailers with Alfamart workers violated labor laws.

The original diploma Alfamart does containment as security employees, imposing a replacement lost and expired, and requires that male employees at the shop to keep security in exchange for security.

"The agreement was illegal because it was not endorsed by Disnaker Makassar that violated law No. 13 year 2003 article 59 paragraph (1) of the Agreement Between Work time," said the head of Industrial relations and labor during the hearing Grace (RDP) held at the houses of PARLIAMENT, Tuesday (19/2/2013).

According to him, such legislation has regulated that any agreement has to be made between triple time which one ditembuskan to Disnaker to do the study, whether the agreement is in compliance with the rules or not.

But it does make the agreement, Alfamart contents only benefits the companies and just kept myself without related service or provided to employees is concerned.

"This agreement was thus annulled by law. Alfamart party should return a diploma as well as employees washed away all debts due to the goods missing and expired, "he said.

From the data submitted to the Board by the trade unions, the number of former employees of such debt varies Rp3 million to parlay the work period between million with 3 months to 2 years.

As experienced Gabson, who has worked for three months in debt value Malengkeri Alfamart Rp4 million. While M, Alfamart Isra New debt value of Urchins Rp3 million with a three-month work period.

In Rappocini Kingdom, Alfamart, Nurmawai with a two-year working period with a value of Rp5 million debt, Rahmayani with one-year working period has the value debt Rp8 million. While Rusdin, with a two-year working period has a value of Rp5 million debt.

In different places, Ahmad, Sultan Alauddin Alfamart II, with a four-month work period has a value of Rp4,9 million debt. And the highest debt rating is Muh Iqbal, who worked in Mappaoddang with a two-year working period has the value debt Parlay million.

According to Gabson, the occurrence of a lost item, more due to an error on the server. The amount of goods purchased out of the community is not reduced in the system. "This is detrimental to us. The goods is reduced but the data still exists, "he said.

Meanwhile, Member of the Commission D DPRD Makassar Andi Enre M Cecep Lantara suspect if this practice is deliberately done Alfamart and included as its revenue potential. "This job is home to Disnaker. Because there are still many companies other than similar systems which implement Alfamart, "he explained.

Confirmed separately, Personal General Affair, Alfamart Zainal Arifin's promotions made, if a diploma as security detention is based on good faith, trust, and honesty. However, it promised to bring this report to Jakarta. "We're just not decisive branch the policy," he explained.

Chairman of the Commission D DPRD Makassar, Suwarno download deadline Disnaker party to resolve this problem within one week. In one weekend, the employees had diplomas must be returned as well as the existence of a transparent system in the operation of Alfamart.

(gpr)

Finance; Investment; Business; Economics

SBY resahkan spike in beef prices

Rico Afrido -Sindonews

Foto: http://denisuryana.wordpress.com

Sindonews.com -President Susilo Bambang Yudhoyono (SBY) expects to oversee a number of Commissioners are people who have experienced price hikes less reasonable. However, it is preferred to the price of beef and garlic.

"I expect Ministers and Governors to be aware of and control over stabilization of prices of daily needs are rising less reasonable," YUDHOYONO said in his Office, Jalan Medan Merdeka Utara, Central Jakarta, Friday (18/2/2013).

Based on his notes, the price of beef in the first two months jumped sharply, from thousands of Rp70 became Rp87 thousand. While the prices of garlic from Rp25 thousand reach Rp30 thousand per kilogram.

"I already know the matter and issues related to beef imports, business dealings with the balance of the domestic production and so on," he added.

Therefore, he asked the Minister for Commerce (Mendag) Gita Wirjawan keeps checking the price movement that, by controlling if there is not reasonable prices.

"Invite the Governor, I also had also been communicating directly with the Governor of East Java (Sukarwo) which also addresses the issue of price increases that, Governor of Central Java (Waluyo Seedlings) and also the Governor of DKI Jakarta (Joko Widodo). Because it was here that often becomes the spotlight of us, "he explained.

(gpr)

Finance; Investment; Business; Economics

Shares of the Trust Securities Options Menu

Dana Aditiasari -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) on trading yesterday predicted a weakening of mellanjutkan in limited range. Trust Securities Research head Reza Priyambada recommend aham sejumlahs which can be observed in trade today, include:

BMRI BoW, support-8950 9100 9150 resistance-9250 | TP 9200 | White marubozu under UBB

KPIG Trading buy, support 1310-1350 resistance 1430-1450 | TP 1440 | Hammer. RSI upreversal

SMCB BoW 3125-3200, support resistance-3275 3300 | TP 3275 | Spinning in the middle Bollinger band (MBB)

SHORT BTPN Trading buy, support 4800-5000-5050 5051 resistance | TP 5000 | Shooting star in MBB. RSI upreversal

Other stocks:

GGRM 50450-51300 | Trading buy for up 50850

MNCN 2500-2755 | Trading sell if 2600 failed to survive

BBTN 1580-1640 | Trading sell if 1590 failed to survive

MSKY 2000-4100 | Trading buy for up 2050

Brau 300-355 | Trading sell if 310 failed to survive

CMNP 1800-1870 | Trading sell for up 1820

(rna)

Finance; Investment; Business; Economics

Throughout January, carried 1.5 million passengers in VAIN

Heru Abraham -Sindo Newspaper

Ilustrasi

Sindonews.com -airline Singapore Airlines (SIA) throughout the month of January 2013 growth year on year (yoy) of 2.5 per cent to 1.5 million people.

Public Relations Manager of Singapore Airlines, Glory Henriette said, the company also recorded a growth of 3.4 percent in yoy system-wide passenger transport (measured in revenue passenger kilometres).

"While capacity (measured in available seat kilometers) it grew by 1.7 percent. Therefore, the degree of filling for passenger (passengers load factor/PLF) increased by 1.3 points to 78,3 percent, "said Glory in its release in Jakarta, Wednesday (20/2/2013).

For the level of passenger increased field across the region except in the South West Pacific area, where demand growth does not correspond to an increase in capacity. Income per passenger is expected to remain in the pressure as a result of promotional activities are carried out.

Meanwhile, the number of passengers carried by SilkAir overall experience an increase of 2.5 per cent in year on year, compared with the growth of 15.6 percent. Therefore, the PLF suffered a decline of 8.7 points.

"Due to the shift in the Lunar New Year holidays from January to February this year, the rate of passengers for the route field East Asia declined by 10.5 percent, and the rate of points filling in for West Asian routes passengers declined by 4.5 percentage points due to increased passenger traffic does not correspond to an increase in capacity," said Glory.

Overall cargo traffic (measured in freight tonne-kilometers-) increased by 3.0 percent year on year, while cargo capacity decreased by 0.8 percent. Therefore, the percentage level of filling of cargo (cargo load factor/CLF) in January 2013 increased by 2.2 percent points.

The level of cargo for the whole field of routes the increase unless the Americans, which increased cargo capacity does not correspond to an increase in cargo traffic. The level of increased cargo stuffing in the Southwest Pacific, caused by the movement of the carriage of goods was not durable, seasonal welcome the Lunar New Year holiday.

"While the percentage level of cargo to the field of Western Asia and Africa are increasing due to the growing demand for cargo services," explains Glory.

(rna)

Finance; Investment; Business; Economics

JCI opened a rebound to level 4.612

J Erna -Sindonews

Ilustrasi

Sindonews.com -composite index (IHSG) on the trading day opened capable reverses direction (rebounds) of the corrections that happen in the day yesterday. IHSG this morning ride 10,71 points or 0.23 percent to as low as 4.612,77.

At the end of trading yesterday, ending a positive trend in JCI after repeated successful new record rally, with rectified 9.98 points or 0.22 percent to as low as 4.602, 06.

The strengthening of global exchanges, following the JCI plus at the close last night and this morning's regional.
The majority of Asian indexes strengthened. The Shanghai index was down 0.11 points or 2,66 percent to 2,380 .25; The Nikkei 225 index rose 0.87 percent to 98,67 or 11.471.01 and index Hang Seng rose 120.90 points or,81 percent to 23.264 0,52.

Recorded as many as 105 stocks rose, 12 stocks fell and 77 stocks stagnate. The value of transactions recorded Rp353,93 billion with trade volume reaching 565,7 million shares. The value of traksaksi recorded Rp38,23 billion net.

As for the stocks that strengthened (top gainers on), PT Bank Central Asia Tbk (BBCA) up to $ 10,300 Rupiah, PT Jaya Real Property Tbk (JRPT) up to Rp 3,800 Rp200, PT Jasa Marga Tbk (JSMR) up to Rp Rp150 5650.

While the weakened stocks (top losers), among others, PT Indosat Tbk (ISAT) down to Rp 5,600 Rp50, PT Inti Agri Resources Tbk (IIKIP)) was down to Rp 1,200 Rp200 and PT Bukit Asam, Tbk (PTBA) $ corrections to the Rp 15.300.

(rna)

Finance; Investment; Business; Economics

Wall Street firms supported the merger action

J Erna -Sindonews

Ilustrasi

Sindonews.com -stocks on exchanges in the United States (US) trade Tuesday local time following the merger action closed up a number of companies. It's encouraging investors in the market, profit mnedapat even during the index towards the highest lever.

Shares of Office Depot Inc. surged 9.4 percent to USD5,02 after knowing the news sources said the Office Tools retailer company is in talks to join the company's smaller rival, OfficeMax Inc.

The news comes after Berkshire Hathway and its partners agreed to acquired h. j. Heiz Co of USD23 million. This was followed by Mexico, brewer company Grupo Modelo, which revised the value of its acquisition of Anheuser-Busch InBev of USD20 billion.

The merger deals helped stocks reversed course as investors used the opportunity to perform the action. S&P index rose about 7 percent throughout this year and for the last seven weeks continuously since January 2011. While the Dow Jones Index closed down 0.9 percent from record highs.

The Dow Jones index climbed 0.39 points or 53,91 percent to 14.035,67; S&P 500 index rose 11.15 points or 0.73 percent to,94 and the Nasdaq Index 1,530 up 22.56 points or,56 percent to 3.213 0,68.

"This transaction gives swept up positive for the stock market," said market analyst and broker at FuturePath Trading LLC in Chicago, Frank Lesh as quoted Reuters, Wednesday (20/2/2013).

More from USD158 million transactions have been performed through 2013, doubled compared to the same period last year, with 57 percent of the global volume of dealings.

Reinforcement of Wall Street since the beginning of tahin encouraged improving net profit above expectations of issuers, a deal in Washington to delay cutting the budget and balanja tax increases that could worsen the economy.

(rna)

Finance; Investment; Business; Economics

Sabtu, 23 Februari 2013

The Bundesbank expected a prompt recovery of Germany

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El Bundesbank prevé que se produzca pronto una recuperación de la economía | Economía | EL PAÍS IniciarsesiónRegistrarse iIniciar sesiónCorreo electrónicoContraseñaRecuperarcontraseña »Entrar

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Jens Weidmann, presidente del Bundesbank, el banco central alemán. / REUTERS

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El Bundesbank prevé que se produzca pronto este año una recuperación de la economía alemana tras la contracción en el último trimestre de 2012. En su boletín mensual de febrero, publicado hoy, el Bundesbank dice que "se puede prever una subida de la producción económica en el primer trimestre de 2013".

La confianza de las empresas alemanas se ha recuperado en una dimensión destacable, con lo que han aumentado las oportunidades de que las compañias renuncien a su cautela inversora inseguras por la crisis de endeudamiento soberano de la zona del euro.

La economía alemana, motor de la zona del euro, no pudo escapar en el último trimestre de 2012 de la recesión en la zona del euro y el debilitamiento económico global. El Producto Interior Bruto (PIB) de Alemania se contrajo en el último trimestre del pasado año un 0,6 % respecto al trimestre anterior, la mayor caída desde comienzos de 2009, tras la quiebra de Lehman Brothers.

NOTICIAS RELACIONADASSelección de temas realizada automáticamente conEN EL PAÍS Ver todas »La supervisión financiera pone en riesgo la independencia Los bancos centrales se reinventan La UE se sumerge en la recesión La economía holandesa entró en recesión en el cuarto trimestre de 2012 EN OTROS MEDIOS Ver todas »

lavanguardia.esAlemania volverá a crecer en el primer trimestre de 2013

cincodias.comAlemania volverá a crecer en el primer trimestre de 2013, según el Bundesbank

cadenaser.comLa economía alemana cayó entre octubre y diciembre de 2012 un 0,6%

20minutos.esLa economía de la zona del euro profundizó su recesión en el cuarto trimestre de 2012 Comentar» Ver comentarios en modo conversación en

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La reforma laboral naufragaCarmen Sánchez-Silva Madrid

Un año después de su aprobación, la ley no ha servido ni para crear empleo ni para detener el aumento del paro

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La llegada de visitantes extranjeros bate récords, pero no crea nuevos puestos. Las contrataciones caerán en 2013

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Finance; Economic; Business

The Government soften the deficit communities if Brussels gives margin

The Minister Cristóbal Montoro salutes the catalan Councilor Andreu Mas-Colell after a meeting with the communities in January. / ÁLVARO GARCÍA

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The economy is a game of rhythm and speed. Therefore the Government has placed high hopes on the decision of the European Commission on Friday, February 22, when it makes public the economic prospects for next year. That day set the budgetary objectives of the Member States and is expected to smooth the pace of reduction in the deficit of Spain. The Government will have a reprieve because the overdose of cuts in Europe is worsening the recession.

If, finally, gets longer, the Ministry of finance arises share part of that margin with the autonomous communities, according to Government sources. Several regional directors already take for granted that they will have more time to reduce the deficit.

The current CAP on deficits set by Brussels for the whole of the public administrations of Spain [State, Social Security, communities and municipalities] in 2013 is 4,5% of the GDP, 1.8 points lower than last year, when the Executive was to limit the budget gap to 6.3%. It remains unclear how 2012 has closed. Within a few weeks the Treasury must publish the data of budgetary deviation from last year. All the experts consider that it will be around 7% of GDP - the average of 19 private studies published by Funcas services reaches 7.3%.

Madrid, Castilla - La Mancha and Extremadura met in 2012

The communities, which had good guilt in budgetary deviation from Spain in 2011 [recorded a deficit of 3%], had the task of reducing the difference between expenditure and budgetary revenue to 1.5% of GDP last year. Duties for this year through lower to 0.7%, but may achieve a few decimal points of margin if Spain accomplishes more time in Brussels.

It is not yet decided, it is studying, they insist the Department Cristóbal Montoro, calling wait to know the final decision in Brussels to announce the pace that communities must balance its public accounts. Although they admit that if Brussels finally opens the hand, the Executive will relieve pressure on the autonomies. But it remains to be seen with what intensity. This position suggests a change of opinion regarding some weeks ago, when they rejected emphatically flexible autonomies deficit while many claim it for months. However, the Executive will not take any decision until March, when it has budgetary execution data and know what has been the regional deficit in 2012.

Experts believe that autonomy will not be met by a few decimal points

Lighter shown in the Cabinet directed by Luis de Guindos. The Minister of economy said a few weeks ago that if the Commission loosened the deficit in Spain for 2013 deal should be "fair".

Some autonomous communities have already public their calculations from last year. Madrid has tabled a deficit of 1.13% turnover, Extremadura (0.97%), Castilla - La Mancha (1.48%), Castilla y León (1.38%) and La Rioja (1.42%). But even though all of these met, lack know the Datum of autonomies with too much weight in the overall economy and that will not be so applied. Catalonia has already warned that it will be setting at 2%, the Valencian Community and Balearic Islands have already warned that it will not fall of 1.5% and admits deviations and Andalusia may also be in the vicinity of 2%.

The accounting efforts communities has been remarkable, although the adjustments set for this year in the budget are even more severe. So far they have trimmed, mostly, in the chapter on investments. But, from now on, when just muscle that slice, they will have to undertake cuts in structural expenditures and social health, education and public employees draught.

Finance; Economic; Business

Finance develops another plan for payments to suppliers

The Executive plans to another line of credit so that the autonomous communities may pay the outstanding invoices and reduce delinquency. The new plan of payment to suppliers, which will probably have about 2.5 billion euros, will serve for these administrations may settle some debts that were not included in the previous plan launched by the Government early last year.

The Government excluded the first plan of payment to suppliers some conventions of the administrations, universities and some health bills, among others. Despite this, autonomies accepted the plan by 17 billion euros. The new credit line, which is still being studied, will be endowed with about 2.5 billion, admit in the Ministry of finance, which insist that neither the figure nor the mechanism are still closed.

In the Department the Minister Cristóbal Montoro, they clarify that the amount of the new line of credit will depend on the markets. Government is talking with banks and the Instituto de crédito Oficial (ICO) to determine the conditions and the amounts that are willing to finance.

The credit line aims to reduce the delinquency of the administrations

The new plan prepared by the Ministry of Finance also serves to respond to the claims of some communities calling for a special credit line to finance the deficits of previous years. From 2010 the Government only allows communities borrow the limit of permissible deficit. But in recent years, almost all communities have been exceeded this limit.

The first suppliers plan served to absorb part of this excess, but most of these administrations drag debt with suppliers year after year. However, since finance require that communities what they should do in these cases is to advance in the adjustment (reduce spending or raise revenue) plans to absorb the deficit from previous years and to settle outstanding debts.

The Minister of finance to reduce the delinquency of the autonomies. To do so, it has already announced is willing to withhold funds to communities and local councils. "No administration may be financed at the expense of not paying suppliers, even temporarily or to win a year", said the Minister a few weeks ago.

Finance; Economic; Business

Competition is fine with 9 million euros to companies of the paper

The national competition Commission (CNC) has imposed fines amounting to more than nine million euros to three companies to form and keep a poster in the sector of handling paper. April 27, 2011 the direction of research of Comepetencia opened a record penalties against companies ENRI 2000, S A, PACSA, trash the Carrion, S.L. and Unipapel transformation and distribution, SA., for a possible anitcompetitiva conduct, which would have consisted in the adoption of agreements on pricing and the distribution of the market of manufacture, marketing and distribution of the handling of paper (booklets(, notebooks, etc) in the national territory. Prior, the Directorate of research of the CNC had proceeded to carry out inspections at some of these companies.

In its resolution of February 15, 2013, the Council of the Nos considers accredited who implicated three companies participated in a cartel agreement to divide up the Spanish market of handled paper between 1995 and 2010, within the same framework of agreement, setting minimum prices of basic products and annual increments that these and other related products were to experience.

The agreement was based on the maintenance of mutual respect to large customers, mostly out of the great distribution, and the establishment of a minimum price for a set of basic products, which were increasing every year and generally before the so-called operation "back to school", prior to the start of the school year, and that these increases were applied to the rest of the numerous related references within what is called handling paper.

In short, listed enterprises are considered by competition responsible for a conduicta that violates both article 1 of the law of the competition as the 101 of the Treaty on the functioning of the Union European, by agreeing respect its main clients between 1995 and 2010, having fixed a minimum bid prices in their products and the successive annual increases since then.

The fines amounted to 3.539.625 euros in the case of Unipapel transformation and distribution, 1.324.440 euros on Pacsa and 4.207.881 in the case of ENRI.

Finance; Economic; Business

Draghi prefers to cut spending and not raising taxes to reduce deficit

Draghi, at the beginning of his speech to the European Parliament. / THIERRY CHARLIER (AFP)

The President of the ECB, Mario Draghi, has warned Monday of the risk that would be to progress now "weakening" the fiscal adjustment in the eurozone and stressed that the answer to the problems is not postponing fiscal consolidation, but mitigate the effects of contraction generated by short-term. He has also advocated act more on the side of spending, cutting games, than the the revenue, where the main route of response is the of raising taxes.

"We are very aware of the situation in which members of the eurozone are currently many States," said Draghi before the Committee on economic and Monetary Affairs of the Parliament European. In this sense, has reiterated to fiscal consolidation must be individually designed for each Member of the eurozone, because there is no general recipe that applies to all, since the pace and speed of adjustment depends also on the initial level of debt of countries which depart.

That Yes, has warned against any minimum weakness by lifting the foot off the accelerator settings. "If fiscal consolidation is weakened, run the risk of losing some of the benefits that have been already made many sacrifices," said Draghi after reiterating that "fiscal consolidation, particularly in countries with a high level of debt, is inevitable".

Now, if this effort compounded the contractive phase of economies, Draghi has been in favor of acting. To do this, however, you must be "an appropriate design of fiscal consolidation, based more on cuts in spending rather than tax hikes", explained the President of the ECB at the time which reminded that taxes in the euro area are already "very high".

The "quick and efficient implementation of structural in product markets and labour reforms" is also key, he has argued, because they will thus increase exports. "There will be at least one component of GDP that is not reduced because the consumption and investment fall in the short term. This way at least improvement in the current account will be", allowing you to mitigate the contractive effects in the short term, he added.

Another aspect is detailed budget plans in the medium term, as they help to generate confidence in the markets, he said. "Detail is crucial, because plans must be credible to reassure the markets and this has to have details," added Draghi.

Finance; Economic; Business

Spain responds that it will review its bilateral relationship with the country

Minister José Manuel Garcia-Margallo. / FRANCK ROBICHON (EFE)

The Government announced Monday that will re-think all its relations with Bolivia following the decision of the Government of Evo Morales for nationalizing the subsidiary Aena and Abertis, which manages several airports in the country. Also as the head of Spanish diplomacy, José Manuel Garcia-Margallo, has indicated it will try to mobilize their EU partners to respond to the decision of the Bolivian Executive.

The Government asserts that "Spain does not question the sovereign right of a State on its resources and public services, but argues that any expropriation must be upon payment of the fair price according to a fair and independent of the expropriated property valuation". In this case, also, remember that what happened is unprecedented in other expropriation "without prior notice and with occupation" by the security forces of the expropriated premises. The nationalization of the subsidiary Aena and Abertis is the third intervention of this kind in the past 10 months.

For these reasons, outdoor warns that the expropriation is an "unfriendly act" that "contrasts with the role played by Spain in defense of Bolivian interests so far" and ensures that it will have consequences. "Before this reiteration of decisions that challenge the will of the Government of Bolivia to maintain relations of friendship, cordiality and cooperation that Spain always has favored in all areas, the Spanish Government, much to his regret, will proceed to rethink the set of bilateral relations with Spain," concluded the text.

The Bolivian President has answered that Spain is "entitled" rethink the bilateral relations. "Bolivia will have diplomatic relations with the world. I not heard that there were problems of bilateral relations. "Certainly their right, then let's respect: if it is not the Spanish Government will have relations with social movements in Spain", said.

Minister Garcia-Margallo, said from Brussels that the Government is going to appeal "solidarity" from its partners in the European Union to respond to Bolivia. "We believe that it is a non-friendly Act," reiterated the Spanish Minister to the press before a meeting of Foreign Affairs with their European colleagues.

García-Margallo has regretted that this action "contrast strongly" with the cooperation of Spain in other matters. "It is obvious that a motion of this kind, an expropriation bypassing usual procedures and not respecting the principle of compensation required in the event of expropriation, will have consequences on bilateral relations", said the head of Spanish diplomacy.

Finance; Economic; Business

Jumat, 22 Februari 2013

CatalunyaBanc and NCG will have losses of about 20,000 million

The European Commission has made public non-confidential versions of the Catalunya Banc and NCG bank restructuring plans. Plans include huge losses to both entities in 2012, which would add some 20 billion before taxes, and a progressive entry into profitability since then. Investors in preference of both will not receive money in cash, but it will become shareholders of these banks, according to confirm plans.

Catalunya Banc restructuring plan expected a loss before taxes of 11,000 to 12,000 million for 2012. The entity will continue to suffer losses of 100 to 200 million this year and next and the forecast is that he achieves benefits of 200 to 300 million in 2015 and 2016, by up to 60% - 70% efficiency ratio improved.

In the case of NCG bench, rêve plan a loss before taxes of about 8,000 million in 2012, benefits of 10-20 million this year, which would grow to 200-300 million in 2016 and 2017, year in which the efficiency ratio would be of 50% - 60%, according to plans approved by Brussels, part of whose content has today published previously printed edition of Expansion.

Catalunya Banc and NCG Bank "face important operational challenges coming mainly from the expansion undertaken by each of the founding of savings banks", point out its restructuring plans. That expansion has been a strong promoter sector exposure, which has elevated delinquencies, and liquidity and funding issues. In the case of NCG Bank there was also ruinous business investments and high-risk corporate operations.

The plan calls for reducing Catalunya Banc total assets of 77.049 billion at the end of 2011 up to 50,000-60,000 million by the end of 2016. The bulk of the reduction will come from the credit, which passed 50.477 million 20,000-30,000 million. The number of offices will be reduced from 1.163 to 700-800 and the employees of 7.197 at 4,000-5,000, according to the plan of reetructuracion. It will be, in addition, a bank with less exposure to the risk. Risk-weighted assets will pass 42.200 to 10,000-20,000 million.

As for NCG Bank, total assets must pass of 72.129 million from 2011 to 30,000-40,000 at end of 2017. Again, the largest reduction is on loan to customers, who have to get 47.427 to 20,000-30,000 million. The reduction of offices referred to in the plan is 1,222 to 400-500 and the template, 9842 to 3,000-4,000 employees.

The plan makes clear that founding savings banks and other current shareholders assume the complete loss of their economic and political rights in institutions. As to holders of preferred and hybrid debt, the entity repurchase them with heavy discounts on their nominal value. Then, the money paid by that repurchase shall be intended by investors to the subscription of ordinary shares, leaving no funds of the entity (except for the subordinated debt with maturity, having special treatment). The calculation of Brussels is that you between 60% and 90% of the Bank belong to the FROB and 10% - 40% remaining, investors in the case of the Catalan institution, while the FROB will have 60% to 80% and the minority, 20% to 40%, in the Galician. Existing shareholders lose everything.

The plan envisages the division of entities into two parts, one main (core) and other extinct (legacy). The main unit will be managed as if it were a viable Bank and which can be sold in the medium term, they say the plans.

In the case of CatalunyaBanc, the main unit will basically include business retail, SMEs and the public sector in Catalonia and will which can give new loans. The other unit will contain the assets and liabilities to extinguish, neatly liquidate or be sold, as the banking business outside of Catalonia (including international representation offices), the corporate banking business, the subsidiaries and the shareholdings. The standard will be selling them as fast as possible always to not generate losses. The entity has already crossed the portfolio of promoters and the bulk of his estate to the bad Bank. In addition to the sale or closure of all offices and business outside Catalonia, the plan also provides for a reduction of 10% to 20% between 2012 and 2016 for its offices and staff in its network of Catalonia and headquarters. Together with the previous settings, the end result is a reduction of 50% - 60% in offices and 40% - 50% in the template. In addition, the entity will have to sell all of its portfolio of industrial holdings (including its package in Natural Gas valued at 150 million "as soon as possible"), all its position on values of fixed income and the former headquarters of Caixa Tarragona.

At NCG Bank, the area of the unit core is restricted to business retail in Galicia, León and Asturias, which will reduce your balance between 10% and 20%, with 30% - 40% in Office settings and 20% - 30% in the template of that strategic unit. To extinguish unit includes the business in other regions, the wholesale banking and shares, you will have to sell or close, and where the setting will be greater.

Plans foresee, in both cases, the main unit or any of the entity to be sold in a competitive process. Actually, the FROB has already launched the process in the case of Catalunya Banc, although reserves the right not to sell the entity if it is considered that the offers are insufficient. If it does not succeed in buyer now or later, the Government would have to present a plan to liquidate the entity at the end of 2017. The same goes for NCG Bank, where is should "carry out a restructuring in depth of NCG activities aiming to sell it as soon as market conditions permit and a maximum of five years".

Brussels figure public aid to Catalunya Banc in the form of injection of capital and transfer of toxic assets in 13.650 billion euros, as well as warranties or guarantees other 10.760 billion. AT NCG Bank figures the don 10.352 million in direct aid and some 7,500 million in guarantees.

The Commission recognizes that since the change of management in June 2010 in Catalunya Banc there has been a turnaround strategy to improve corporate governance and control, and risk management. The plan foresees a reduction of operational costs of 500 to 600 million, a reduction of 30% - 40% from 2011. For NCG, the planned reduction is 70-80 million.

The catalan Bank should sell its shareholdings in stages, from 20% to 50% both this year as the next two. If by 2015 something don't you sell, give them low and will offer them for one euro.

NCG Bank should get rid of Banco Gallego, sell EVO and also its industrial holdings. If not you achieved it, you must sell them for one euro. NCG Bank has a 23.75% of Itinere, 8.65% of Sacyr, 5% of CLH, 10.3% of Caser and 30% of Enerfin. The entity must not only sell shares and subsidiaries, but also reduce their credit exposure to them.

Spain must report every six months the fulfilment of the conditions. In addition, entities will have a kind of Auditors (monitoring trustee) who will monitor compliance with the commitments and will have full access to all the information you need.

The plans are subject to possible changes in the event of sale of the entities at the request of the buyer.

Finance; Economic; Business

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