born to be a writer

Start on the 1st of December 2008, we have to buy gasoline is only Rp. 5,500 per litre. As we know that the decreasing of oil price in the world has making our goverment to consider a further lowering of the reguler gasoline price from Rp. 6,000 become to Rp. 5,500 per liter.

Now (Dec, 05/08), the world’s oil price still continue to decrease ‘till below US$ 46 per barrel as a reaction to worsening global economic condition further to lower of oil demand.

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Communities of Indonesian Export Company ask the government to stabilize the IDR-currency at level Rp. 9.500 per US dollar. As we know that the depreciation of IDR-currency to US dollars will be influence the business condition become to the worst condition.

To cover this condition, government must be doing some intervention to hedge our domestic economic condition. For example, increase the guarantee for saving account become to 100 percent, decreasing the oil price and also decrease on interest rate for credit facility at mass industries.

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90.000 contractors company who handle some construction projects at this moment maybe will be collapse related by the global crisis, eventhough our government has been adjusting some contract-escalation with the current condition.

Now, Indonesia have most of 180.000 contractors company who handle some construction projects with 15 million of employees, includes the contractors company who owned by the government (BUMN).

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In a global financial crisis currently, there are so many individual and institutional investors have been loss theirs stock in stock market. For example, Jamsostek as a government state-own company (BUMN) claims that the stock price’s decrease also has been influence their investment, and the company has loss around Rp. 5,4 triliun on Oct 08, 2008.

The director of PT Jamsostek said that the company was invest their fund in a stock 18% (Rp. 11.16 trillion) from the total fund which have invest ability category which around Rp. 62 trillion.

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Yield SUN berkupon bunga 9% yang jatuh tempo September 2018 (tenor 10 tahun) anjlok 63 basis poin menjadi 12,65%. Kondisi ini adalah yang terburuk sejak tahun 2005,  jika dibandingkan dengan obligasi-obligasi lainya yang juga diterbitkan oleh pemerintah Indonesia.

Bangkrutnya perusahaan raksasa investasi di Amerika Serikat (AS), Lehman Brothers Holdings Inc., juga turut memicu anjloknya obligasi milik pemerintah tersebut.

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President Director of PT Tambang Timah, Wachid Usman said that the company was canceled a plan to acquire a mining business in Australia because it is no longer profitable.

The Australian mining field is an old mining site which had been abandoned for a long time with a remaining tin reserve of about 11,000 million tons.

Now, the state-owned tin mining company was still trying to find new mining locations both at home and abroad such as in other countries like China, Cambodia, Vietnam and Myanmar.

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The government of Indonesia which representative by House’s Commission IX on Finance, national development planning, banking and non-bank financial institutions will propose some amendment to raise the luxury tax by between 10 and 200%, from its current standing of 75% of a luxury item’s worth (www.thejakartapost.com).

Vice chairman of tax, public policy, monetary, excise and customs affairs at the Indonesian Chamber of Commerce and Industry, Hariyanto Sukamdani said that this amendment should be a starting point for lowering the business sector’s costs.

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Dengan melihat kondisi pasar keuangan saat ini, Menteri Negara BUMN, Sofyan A. Djalil masih belum yakin terkait dengan rencana PT Adhi Karya Tbk (Adhi) untuk melakukan aksi korporasi melalui right issue. Namun pemerintah tetap mengupayakan agar aksi korporasi tersebut bisa direalisasikan sebelum akhir tahun 2008.

Komposisi saham Adhi hingga akhir tahun 2007 lalu adalah 85,5903% dimiliki oleh investor lokal, yang terdiri atas Pemerintah RI sebesar 51,0004%, Masyarakat Indonesia sebesar 7,8285%, Karyawan Perusahaan sebanyak 0,0006%, Yayasan sebesar 0,1547%, Dana Pensiun sebesar 4,4621%, Asuransi sebesar 2,9893, Perusahaan Swasta sebesar 4,0683% dan yang terakhir adalah Dana Reksa sebesar 15,0864% (www.adhi.co.id).

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