Tag: capital markets

Semester I, 2013 The rate of economy is estimated that 5.9% -6.1%

Published / by jiukuaiy

JAKARTA – Minister of Finance Chatib Basri said he expects economic growth predicted by Bank Indonesia will be at the level of 5.9% to 6.1% in the first half of 2013. This figure was based on global conditions have not improved.
However, the government insists Chatib will strive to achieve economic growth of 6%. Where economic growth will still be in the crutch by domestic consumption. Meanwhile, the investment will experience a slight slowdown. This is evident from the slowdown in capital goods imports are slowing.
In terms of exports, he added, is slowing as economic growth in China and India are slowing. “It’s a little heavy this year. We expect economic growth in the first half of 2013 will be at 6.1%.” he added.
Chatib added economic growth in Indonesia is still ranked second among G20 countries or countries with a Gross Domestic Product (GDP), the largest. In fact, Indonesia’s growth plans remain top despite stimulus cessation of quantitative easing in the U.S. or be executed.
“Economic growth in Indonesia is actually still the second highest number among the G20 countries, China 7.5%, Indonesia 5.9%, and India 5.6%. Indonesia in year-end forecast is still the second highest number, after entering the calculation of quantitative easing,” he explained.
He acknowledged the world economic situation is disturbing economic indicators such as the weakening rupiah and low economic growth. However, the disorder is more to external factors, namely the implementation of quantitative easing, which hit the financial sector due to tight liquidity assumptions.
Chatib describes the condition of the stock market is still relatively good Indonesia grew 7.9% in the year to date. That figure is higher than Thailand at 6.9% and Singapore 2.18%.
“There was shock, our capital markets are relatively good,” he said.
He added that the conditions that weaken the rupiah also not too worried. “Depreciation of our 4.84% is slightly lower than Malaysia 4.7%, Philippines 5.3%, India 6.86%. Past 1 Australian dollar above 10 thousand now 9300’s, it shows Rupiah strengthened. Betul there was turmoil in the Euro but not something that is worrying from gross rate is still ok, “he said.

Analysts: Fear Makes Case IM2 Investors Capital Market.

Published / by jiukuaiy

JAKARTA – the current capital market investors worried about the telecommunications business pascaputusan court corruption (corruption) cases IM2. Equity analyst Pardomuan Sihombing explains, penalties and regulations that ensnare IM2 yet fully clear.
Pardomuan also assess the regulations are not clear as IM2 case could ensnare anyone who runs a business in the country. In this case the investors in the world’s capital markets.
“It could happen (investors will fear) that the decision was negative, meaning that is associated with the regulation of the telecommunications industry,” said Pardomuan Sihombing, Sunday (07/21/2013).
Pardomuan asserted, the current capital market investors require legal certainty. According to Pardomuan, IM2 case and rules in the telecommunications industry should be clear, so as to ensure the future development of the business.
“Investors who will invest in doubt whether an investment fund to be back or not, when the company suddenly entangled case,” said Pardomuan.
Pardomuan added that the symptoms have not been perceived concerns, the article of the legal process is not over. However, if there is already a binding verdict and declared IM2 guilty, then the impact will be felt.
“We all expect the final result will be better,” said Pardomuan.
Previously reported, the Corruption Court sentenced former Director of IM2, Indar Atmanto kuruangan 4 years with a fine of Rp 200 million, with subsidiary imprisonment of 3 months. Judge also sentenced IM2 pay fines of Rp 1.3 trillion. Judges cooperation-IM2 Indosat network there is an element of corruption.
This ruling a major impact, as almost all sectors of the telecommunications businesses registered as a public company is also running a similar business model. Including PT Indosat Tbk, PT Telkomsel, PT XL Axiata Tbk, PT Smartfren Telecom, PT. Bakrie Telecom Tbk and others.
Communication sector alone contributes to Rp 11.8 trillion in revenues and in 2012. This figure is the biggest revenue for Indonesia in addition to the energy and mineral resources.