Nissan cut off car prices in US

Izzudin

 

Finance Info-Nissan has slashed the price of 7 models 18 models of vehicles sold in the United States. This is done so that Japan can companies attract more customers.

As quoted Inautonews, Thursday (2/5/2013), for Altima models have been cut by 2.7 percent or USD580, SUV Fleet reduced by 10.7 percent or $ 4,400.

Other models who get discounts is Rogue crossover, Maxima, Murano, Sentra and Juke. Vice President of sales and marketing for Nissan America, Jose Munoz says, that the vehicle is experiencing cuts price of about 65 per cent of car sales in the us.

"In some of our customer, the search may not appear. This is an indication that we want to be in the list of options and we want to consider customers as much as possible, "he said.

This discount will begin effective on Friday (3/5/2013) to face the tough competition both from Japan and automotive manufacturers from the United States.

Nissan-Renault CEO Carlos Ghosn, said that the company's target is to achieve 10 percent of sales in the u.s. in 2016. Therefore it was under pressure to sell more vehicles so that the target is reached.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Indonesia should be the parameter for kakao pricing

Finance Info -After the cocoa futures contract traded on exchanges of Jakarta Futures Exchange (JFX), as much as 80 percent of the production of cocoa beans has now absorbed the cocoa processing industry in the country.

This as the industrial revolution for Indonesia, where Cocoa is the only commodity that many are exported in the form of semi-finished or has been processed into powder chocolate and butter.

Indonesia's cocoa prices up from 22,500 Rp20 thousand to Rp since traded on JFX. In fact, had a record rise to Rp24 thousands in September 2012. This increase has raised farmers ' income over the last year and make the farmers get the certainty of the selling price at harvest.

Unfortunately, many traders in Indonesia's cocoa using price New York Stock Exchange and the London Stock Exchange (price taker). In fact, America and Europe is not a country of cocoa producers, but the world's largest cocoa pengonsumsi (consumer market).

Director of the JFX, M Bihar Milky Wibowo said, it is time the farmers Indonesia using a reference price of cocoa in the JFX as price maker.

"Although there is no percentage is, many perpetrators of cocoa that use foreign exchange reference rates. In fact, the consumer market has always resulted in low prices. Whereas transactions in Exchange Indonesia is more profitable, "he said on the sidelines of a Gathering of Makassar Cocoa held JFX di Hotel Grand Clarion Makassar, Wednesday (1/5/2013).

According to him, the foreign exchange transaction risk. In addition to the price of a currency, the US dollar, the currency fluctuation is also quite risky.

"But the current interest in trading on exchanges Indonesia have started to grow along a high volume of transactions. Just does not seleruhnya. For example, Malaysia's CPO only 90 percent of the perpetrators of Indonesia. If this be withdrawn, it is incredible, "he said.

Meanwhile, the Chairman of General Zulhefi Sikumbang, Askindo said, the Government's role in encouraging domestic industry is urgently needed. In fact it would cast a letter to the Ministry to require idustri of the Interior shows the active transactions on a monthly basis.

"JFX there is enormous. Moreover, 80 percent of the industry is foreign ownership. Could be just the next 10 years 100 per cent foreign ownership if the Government did not take on the role. We want to determine the price, "explained Zulhefi.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

DPR tak setuju harga LPG 12 kg naik

Michael Augustine -Sindonews

Sindonews.com -the House of representatives (DPR) opposed the plan of PT Pertamina (Persero) raise Liquefied Petroleum gas prices Gas (LPG) 12 kilograms (kg). The reason, the LPG price increase is 12 kg will overload the public.

In addition, there are still many alternatives to other solutions to make the savings in addition to raising the price. "Of course it will have an impact on the price increase in the level of consumer sales. Therefore, it's good if LPG doesn't need to ride this year, there are still plenty of alternative solutions that can be done, "explained a member of HOUSE of REPRESENTATIVES Commission VII, Rofi Munawar in his description of the Sindonews, in Jakarta, Friday (22/2/2013).

Members of Parliament from the faction of the MCC was added, the development of the small business sector will also be hampered if LPG prices up 12 kg. "The LPG price increase is 12 Kg will also implies to the small business sector growth rate, due to the cost of production will be increasing and aggravating them," says Rofi.

As reported previously, Pertamina will do 12 kg LPG price adjustments at the beginning of March. The plan, an increase of Rp 2,100 per kg, Rp25 thousand per ride or tube so that the price of LPG 12 kg to Rp95 thousand per tube.

Pertamina claims continue to suffer losses from 3 Kg gas sales. in 2012 only Pertamina predicts losses amounting to Rp5 billion from production and distribution of LPG 12 kg.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics