Monthly Archives: January 2011

Imagine if you have the money to Rp 1,000,000. Assume that big money can buy a new mobile phone. Then, the government made redenominasi rupiah from Rp 1,000,000 to Rp 1,000. After redenominasi, new money amounting to Rp 1,000 can be used to buy a mobile phone similar. Theoretically that’s only going to happen after redenominasi, which means the use of a new currency with the aim of replacing the old currency. The difference is, the nominal figures indicated on the new currency will be smaller, typically by reducing the number of zeros.

Based on empirical evidence, if the conditions are met, then redenominasi will not reduce the value of real income. Redenominasi also will not reduce the purchasing power of the old currency, which will be replaced with new money. One of the countries that are relatively successful doing redenominasi is Turkey, as written in the paper “The National Currency Re-Denomination Experience in Several Countries-A Comparative Analysis” by Duca Ioana, professor of Titu Maiorescu University of Bucharest, Romania.

Romania also quite successful doing redenominasi in connection with its intention to join the euro zone. Steve Hanke is a U.S. economist who had tried to apply redenominasi in late New Order in Indonesia, but canceled. However, he did teach Bulgaria redenominasi classified successfully. Also in preparation for entering the European Union membership, though a little heavy, Turkey decided redenominasi in 1998. After seven years of preparation, starting January 1, 2005, at the beginning of the fiscal year, Turkey did redenominasi against the lira. Redenominasi made at the beginning of the fiscal year with the aim that all accounting records and the state finance company directly using the new currency with the nominal rate is smaller.

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The main fear pascaimplementasi Free Trade Agreement between ASEAN and China or ACFTA is flood of Chinese goods to Indonesia. Almost all eyes to the real world, even without electricity ACFTA, Chinese products spread to rural and remote areas. One country after another is connected to wires, such as China-ASEAN. It is unthinkable, if Indonesia refused ACFTA, Indonesia will lose the links with ASEAN.
Think again, the failure of Indonesia, who had “surrendered” without fighting is certainly an opportunity for other countries to invade China as a potential market. Ahead of the ASEAN countries, China’s population reached 1.3 billion people is a lucrative market.

Not only China, Indonesia will produce that goes for ASEAN to become less competitive because of import duties to products in Indonesia will apply normal rates are much higher in the category of Most Favoured Nation (MFN).

A difficult choice but to face. Pascaperundingan ACFTA, the signing of the agreement was signed in 2004 ACFTA. Since then, reducing tariffs imposed on products in the consent agreement. High Point, January 1, 2010, import duties for products providing zero percent. Industrial fire beard though. ACFTA started ten years, China enhanced its direct rule although the leadership was in turmoil perpolitikannya Ingar. Not only visit, but they also must prepare and implement and monitor roadmapindustrinya. “Conversely, we even like beard was burned by the government and the business sector, not the power of solidarity.”, Mr Managing Director (CEO) Garudafood Sudhamek AWS Group in Jakarta, late March
The export strength

In the context of diplomatic relations with over 60 years of Indonesia’s trade balance, China in 10 years is really a big concern. Central Bureau of Statistics (BPS), Indonesia in the years 1999-2007 had a trade surplus with China, but the years 2008-2009 (January-October) a deficit. Indonesian exports to China is likely to increase until 2008, but the crisis has caused our exports weakened resistance arrested. While imports from China to Indonesia is firmly, even tended to increase.

Deputy Trade Minister Mahendra Siregar see, the rise of Chinese imports immediately compared to the weakening of the Indian industry. China’s more competitive than other countries are imported into Indonesia. Based on the BPS report, the Ministry of Commerce stressed the import of capital goods and raw materials to help in China increased by an average annual growth reached 49.8 percent and 24.6 parts percent. Both groups of commodities used by local industries for the domestic market and abroad. While consumer goods imports from China tend to be less than $ 1,000,000,000.
Sudhamek strategy of the company is recognized as essential to success. ACFTA the agreement of ASEAN and China. If the request was canceled by prioritizing the issue of Section 228 tax should be aware of Indonesia is a large country in international society.

According to him, there’s mainstay domestic product actually protected by the Chinese is not the equivalent of any other country. These products are steel, automobiles, ships, petroleum processing, textiles, metal colored lighting, mechanical equipment manufacturing, electronics and information technology and logistics. Thus, China’s rival useless products like this.

There are several types of advertising, from those that explicitly shows that this is an advertorial for certain products, services, or companies, to the advertorials that camouflage the advertising into other products. Usually when advertising is done implicitly, the products used are things that can be seen by a lot of people or seen by people as the target market.

Trade show exhibits are often used to promote a product on certain events or shows. Trade show exhibits is similar like the table top display, but in this type of advertising tool, the products will not only be advertised on the table top but will also be promoted using the background display behind the table top. Another way to promote an item or product that often used during trade shows and other special events is the table covers. Table covers work great to change ordinary table into an eye-catching center of attention.

Another great thing is the director chairs, however when other promotional item such as the table top and the trade show exhibits can only be used on special events, the director chairs can also be used at home, since this chair also works just like any other ordinary chair.

China, the largest number and credit card is listed as the provider of the national. The results of the Financial Times newspaper, the World Bank’s lending to developing countries to exceed two years lent Beijing.

Chinese government and enterprises in developing countries and for the world in 2009 and 2010 to U.S. $ 110 000 000 000 loans were written. But at the same time, the World Bank to provide credit of $ 100,300,000,000.

The amount of the credit for China’s economic policy is written. Economic crisis reaches the entire nation, for example, China, Russia, Venezuela and Brazil, the oil-producing countries by providing credit could save their energy company. China, the World Bank also provides loans to easier terms.