Keluarga Tercinta Dan Koleksi Pribadi

BUSINESS INFORMATION - Internet censorship in force a refusal at the World Trade Organization because it can limit the trade in services delivered online, says a study that will come.

A sensor in the WTO case could raise issues of sovereignty, given the clear right of member countries to restrict trade on moral grounds - for example, by blocking access to child pornography sites.

But the WTO ruling may set limits on the sensor and force countries rather than using filtering, according to the study, will be published on Thursday by the think-tank ECIPE.


"Many WTO member countries are legally obliged to allow an unlimited supply of cross-border Internet services," they wrote in their report, obtained by Reuters.

Many countries do censor the Internet for political or moral reasons. China has developed one of the systems, in Cuba unauthorized surfing is illegal, and many Western countries to restrict access to pornography sites.

Use of the Internet, especially in Asia. China, with 298 million people online, exceed the United States in the number of Internet users in the year 2008, the study said.

BUSINESS IMPACT

Internet censorship can have a serious impact on business, he said, noting how the local search engine Baidu, which followed the official rules on censorship, Google has beaten the global leader in the Chinese market.

There were even reports that authorities were diverted to make requests and other international Google.com search engine Baidu site.

In the third quarter of 2009 Baidu has 64 percent of 2 billion yuan ($ 293 million) in the Internet search market in China, while Google has 31.3 percent.

In Japan, Google may face similar linguistic barriers to entry into China, foreign-owned search engine has more than 90 percent of the market.

A challenge at the WTO by the laws of the United States Antigua to restrict online gambling shows that the commitment of members to open up in the next sector takes precedence over the prohibition and restrictions, even if they do not distinguish between domestic and foreign suppliers.

And a WTO panel decided against import restrictions on Chinese audio-visual entertainment, including the use of distributors in the country to control access to the material, in response to the U.S. challenge.i

BUSINESS INFORMATION - Gold Price Reaches 1100 Dollars For First Time
Gold prices reached record highs of above 1100 dollars per ounce in trading in London on Friday following a report that Sri Lanka has joined with India in the purchase of precious metals to support the U.S. currency.

BUSINESS INFORMATION - U.S. Unemployment Rate Reaches 10.2 Percent
U.S. unemployment rate jumped to 10.2 percent in October because of another 190,000 lost jobs, Labor Department said Friday.

The report highlights the continuing misery in the labor market in an economy struggling to emerge from the recession: the unemployment rate, up from 9.8 percent in

September, was the highest since 1983 but the amount of job loss narrowed to its lowest level in more than one year.

Overall, the monthly reports Department of Labor, one of the best indicators of economic momentum, even worse than expected unemployment rate of 10 percent and lost 175,000 jobs.

But the trend of improvement continues, and the final report was revised down the number of lost jobs in August and September.

Payment of salaries (payrolls) 219,000 non-farm down in August (beating the previous estimate of 263,000) and 154,000 in August (revised from 201,000).

The number of unemployed increased to 15.7 million. Since the beginning of the recession in December 2007, the number of unemployed has increased by 8.2 million, and the unemployment rate has grown by 5.3 percentage points, the Department of Labor says.

Largest job loss during the month was in construction, manufacturing, and retail trade, the report indicates.

Goods production sector shrank at 129,000 jobs Oktobern including 61,000 in manufacturing and 62,000 in construction. The service sector lost 61,000 jobs with 40,000 in retail.

The report showed a moderate increase in employment of business services 18,000 and 45,000 professionals working in education increases. While government employment was flat.

BUSINESS INFORMATION -Unilever Distribute Interim Dividend

BUSINESS INFORMATION - Interim Dividend For BNI Rp9, 44 Per Share
PT Bank Negara Indonesia Tbk (BBNI) will share interim dividend for Rp9, 44 per share or a total of about Rp144.25 billion.

BNI's corporate secretary, Intan Abdams the disclosure Katoppo said Friday, an interim dividend distribution schedule for the cum dividend (the period is entitled to dividends) in the regular market and negotiating market on November 25, 2009.

While for ex dividend (the period is not entitled to dividends) in the regular market and market negotiations on December 1, 2009.

As for cum dividend in cash market on November 30, 2009, ex dividend in cash market on December 2, 2009, and the payment of interim dividend on December 11, 2009.

BUSINESS INFORMATION - Indonesia (RI) can target to record a transaction valued at Rp115 billion for tourism promotion in exchange World Travel Market (WTM) 2009 in London, England, on 9-12 November 2009, said Director General of Marketing The Ministry of Culture and Tourism (Depbudpar), Sapta Nirwandar, in Jakarta, Thursday.

He said, WTM London is the international tourism market which is trade and consumer show in the world's second largest after the ITB Berlin.

Last year, Indonesia recorded a successful sale of 11.7 million U.S. dollars.

In 2008, followed by WTM London 5615 Exhibitors from 187 countries and visited by 49,963 people.

Meanwhile, Director of Foreign Promotion Depbudpar, I Gde Pitana, say, Indonesia involving six local governments (Local Government) from the provinces, districts, cities, and 25 tourism industry consists of hotels, resorts, villas, travel agents, tour operators, and safari park.

Director of Tourism Information Development Agency (Lepita), Diyak Mulahela, assess the potential WTM London tourism promotion Indonesia pedestal.

He argues, that become the foundation stock for tourism promotion through the sale of land packages Indonesian tourism.


In the medium term, the stock is also expected to encourage foreign tourists in 2010 earnings target of $ 7 million visitors.

BUSINESS INFORMATION - Ford Surprises Recording income.
Ford Motor Co.., Monday, recorded a revenue nearly a billion dollars in the third quarter and said it was consistent with "the effort to strengthen profit" in 2011 after years of painful losses.


Number two car maker in the U.S. that turned a profit reached 997 million U.S. dollars of losses was 161 million dollars in the same period in 2008, while continuing restructuring program to cope with declining sales amid world economic downturn is the worst this decade.

Profit of 26 cents per share, a big surprise to analysts who predicted the fall 12.

Income is derived after Ford managed to increase market share in North America, Europe, and South America as well as cut operating costs 4.6 billion dollars in the first nine months of this year.

Unlike rivals General Motors and Chrysler, Ford's management managed to overcome the economic crisis without having to ask for bankruptcy protection or require government assistance to the billions of dollars.

Ford debt restructured after four years only reached 26.9 billion U.S. dollars. The company is also struggling to convince union members to give the same concessions given to GM and Chrysler.

Ford plans to increase production again in the fourth quarter, after the strengthening of demand and more careful control of production that encourages dealers to stock the lowest level in more than a decade.

But car makers said they expect a stable market share after increasing 2.2 points to 14.6 percent in the United States and rose 0.6 points to 9.2 percent in Europe.

For the main markets in North America, the company booked operating profit before tax of 357 million dollars, the first quarterly profit since the first quarter of 2005.

Ford also reported operating profits of business in South America, Europe, Africa and Asia Pacific.

Ford said third-quarter revenue reached 30.9 billion U.S. dollars, down 800 million dollars from the same period last year.

Ford also managed to increase the cash position of menajdi 23.8 billion 13.4 billion at December 31, 2008.

Ford shares rose 7.43 percent to 7.52 dollars in trading Monday afternoon local time.

BUSINESS INFORMATION - Bank Mandiri Tbk (BMRI) worth of subordinated bonds issued Rp3 trillion, 7-year term with a value of 100 percent of nominal. These bonds will be used for credit expansion the company in business development.

BUSINESS INFORMATION -  The International Monetary Fund (IMF) Monday announced the sale of 200 tonnes of gold valued at 6.7 billion dollars to India's central bank for IMF financial support.

Gold sales to India is almost half the amount that the IMF has targeted to be sold in coming years.


The IMF said the transaction was in the process to complete, involves the gradual daily sales in the period of two weeks during 19-30 October.

Each daily sales made at prices set according to the prevailing market price on that day, he said, according to the documents establishing the institution.

The IMF, based in Washington currently holds 3217 tons of gold, is the official holder of the precious metal's third largest after the United States and Germany.

On September 18, the executive council approved the sale of 403.3 tons of gold, about one-eighth of the current ownership, but make sure it would do in a way that would not disrupt the gold market.

Based on the plan, the IMF offers to sell gold directly to the central banks or other holders of the official sector if there are interested in being such holders. "

If the formal request is not sufficient, the IMF says could make gold sales "in the market gradually over time," consistent with the approach already followed by the central bank.

The IMF will limit the overall limit has been agreed by central banks, which began on 27 September, 400 tons per year for five years.

IMF Monday repeated its commitment to inform the market before the sale begins in the market. Besides the financial institutions that have made the sale of gold a key element of the new revenue model that aims to reduce its dependence on the acceptance of a loan to cover expenses.

Group of 20 key developed and developing countries, at their summit meeting in London last April the IMF gold sales agreed to allow to offer better loan conditions for poor countries.

BUSINESS INFORMATION - Commerzbank of Germany Natural Big Losses
The second largest German bank, Commerzbank, said Monday recorded a net loss of 1.05 billion euros (1.56 billion U.S. dollars) in the third quarter, worse than expected due to restructuring costs and a decrease in the value of group assets.

Bank, which is part nationalized since the global financial crisis with the German state taking 25 percent stake plus one share, said the estimates show a net loss for the full year.

It is said that the decline in asset values (writedowns) 650 million euros related to the Eurohypo unit and 900 million euros in restructuring costs Dresdner Bank, which Allianz bought from insurance to 4.7 billion euros.

The result was worse than expected, with analysts projecting an average of 782 million euro loss.

However, at the level of operations, said the bank recorded a profit 120 million euros, up from an operating loss of 201 million euros in the second quarter.

Overall results will be released on next Thursday.

After the financial crisis sent the global banking system close to collapse last year, the German government support based Commerzbank in Frankfurt, with 18 billion euros in fresh capital.

In 2008, Commerzbank recorded a loss of 6.6 billion euros.

BUSINESS INFORMATION - Royal Bank Of Scotland Cut 3700 Jobs
Royal Bank of Scotland (RBS) is saved by the British government in a wave of the global financial crisis, said Monday that it planned to cut about 3700 jobs in the retail operations in the UK.

"RBS has begun the process of consultation with staff in the UK about the restructuring of retail banking divis which will result in loss of about 3700 jobs," said state-owned banking group in a statement.


The announcement came after the British government on Tuesday set up a plan to split Royal Bank of Scotland and other creditors who are saved, Lloyd Banking Group.

RBS earlier on Monday said it would consider selling more assets than its original plan to win the support of the European Union for state aid received by the group, sending its shares plunge.

Companies in difficulty, the 70-percent owned by taxpayers after the bailout (the bailout) of last year, added that close to agreement on the terms of participation in government schemes to ensure that toxic assets or high risk.

Media reports on Sunday said that RBS may be forced to sell Direct Line and Churchill insurance division of the investment banking unit, to eliminate concerns of the European Commission (KE) of state aid.

Also during the weekend, British finance minister Alistair Darling outlines plans to create three new banks from the ditalangi RBS, Lloyds Banking Group and Northern Rock.

Darling said the three bank creditors are set to be broken and the parts that are sold in the next few years became the new entrants into the sector, which will concentrate on deposits and mortgages.

Details about the company set plans will be announced on Tuesday.

BUSINESS INFORMATION - Euro Rise in the U.S. Positive Data Central


Euro rose against the dollar on Monday, after U.S. economic data that are far better than expected supports the restoration of hope and encourage investors to buy the currency risk and gives a higher yield.

Euro in late trading Monday at 1.4833 dollars, up sharply from 1.4715 dollars late Friday in New York.

While the dollar traded at 90.58 yen, up from 90.08 yen.


A private survey showed that U.S. manufacturing sector experienced the expansion for the third consecutive month in October, jumped a stronger-than-expected 55.7 percent, its highest level since April 2006.

But the market is also described as a nervous ahead of monetary policy decisions this week in the United States, the eurozone, UK and Australia, as well as key data on U.S. employment Friday.

The U.S. Federal Reserve (Fed) is widely expected to hold interest rates with a range of major injaman zero hinga 0.25 percent until early 2010.

However, Central Bank of Australia, is expected to announce on Tuesday, the increase in interest rates for the second time in less than a month to prevent overheating the domestic economy.

In London Monday, the euro changed hands at 1.4833 dollars against 1.4715 dollars late Friday, at 134.37 yen (132.62), 0.9037 pounds (0.8955) and 1.5092 Swiss francs (1.5106 ).

Dollar stood at 90.58 yen (90.08) and 1.0174 Swiss francs (1.0260). The pound was at 1.6414 dollars (1.6440).

On the London Bullion Market, gold prices rose to 1., 62 dollars per ounce on the determination of 1.040 dollars per ounce on Friday night.

BUSINESS INFORMATION - PT. Wijaya Karya Tbk (IDX: WIKA) has the support of banks in order to expand in the field of construction to the oil-rich countries in North Africa.

"Last year we had in 2009 can be immediately worked on construction projects directly in Algeria, North Africa, followed later in Libya and Tunisia," said Director Su, Star Perbowo in Jakarta, Monday, on the sidelines of the delivery of third quarter financial performance in 2009.


Star said, in the expansion into the North African countries, the company received assurances from the Exim Bank Indonesia, which has been difficult to obtain from the banks in Indonesia.

"Security of the banking sector to ensure the Letter of Credit (LC) that we publish can be disbursed and to ensure that the money can be from the work in the countries of North Africa were able to return to their homeland," said Star.

Star says, Wika already have road construction projects and bridges along the 1200 kilometers mengubungkan Algeria - Morocco, even the value of the original contract plus Rp400 billion to Rp700 billion.

Actually there are many projects that they offer in the oil-rich country. But so far we only dare to be sub-contract. As for road projects and bridges we are 1200 miles from Kajima sub Cojaal part of the construction business groups from Japan.

"The issue bank guarantees to be obstacles for us to work on construction projects overseas. Fortunately, the government has given the task to the Exim Bank of Indonesia to facilitate our company as through Law No.. 2 of 2009 regarding the procedures for financing an exporter who works at home and abroad, "he said.

According to the Star who was accompanied by Director of Finance Wika Ganda Kusuma, until the end of September 2009 the company had net sales of retained Rp4, 6 trillion in the same comparative period last year.

While the company's net profit rose from Rp84 position, Rp132.6 billion to 9 billion, largely the contribution of the parent Rp101 billion, while year-end 2009 target of Rp135 billion, said the Star.

Star said, in October 2009 until it was pocketed Rp1, 052 trillion from seven dams Jatibarang job, Kaligarang Flood Control, Mechanical and Engineering Kualanamu Airport, Stadium, Pekanbaru, Balikpapan I and PLTDB in Bali.

If the combined company's contract with 8 contract value from January to September was also obtained Rp8, 2 trillion, the company also has won him a job up to 10 trillion that will be brought to the year 2010, he explained.

"Thus for a job in the year 2010 we do not have to worry about backup is still a lot, not to mention the foreign countries if the project can be handled immediately," said Star optimistic.

"Unlike the Algerians who were active-giatnya build roads and bridges, then Libya and Tunisia are in need of residential high-rise that become our expertise," said Star.

BUSINESS INFORMATION - Governor of Sulawesi Tenggara (Southeast Sulawesi) Nur Alam said the Buton asphalt able to save at least until the state budget funds Rp3 trillion a year if its potential can be best utilized.

"The potential on the island of Buton asphalt estimated to reach 600 million tons while the national asphalt needs 1.2 million tons per year, so if you use optimized Buton asphalt to cover the needs of national asphalt for 500 years," he said in Kendari, Sunday.


1.2 million tons of national needs, half of the imports because domestic production is insufficient despite the potential there, because it is not supported by adequate technology to process them.

"The quality of liquid asphalt was produced Buton with liquid asphalt quality imports," explained the governor in a dialogue with environmental activists in Kendari.

Governor said that the import data in a three-year note was steady asphalt imports increase with the value of each Rp5, 6 trillion in 2007, then rose to Rp6 trillion in 2008, and rose again to Rp6, 2 trillion in 2009.

If the Buton asphalt production can be maximized, said Nur Alam, will be able to cover import requirements that amounted to 600 thousand tons are thus in the form of foreign exchange could save the state budget.

"Do not be too much to replace all imports. Suppose that half of it can replace, it could save Rp3 trillion national budget," added the governor.

The government through PT Pertamina has made a commitment to stop the import of liquid asphalt in 2010 and replaced by optimizing the Buton asphalt production.

Termination of this liquid asphalt imports caused a very limited number in the world market leading to price increases. In the last year of liquid asphalt price reaches 540 U.S. dollars or equivalent to Rp 5, 4 million per ton, while the Buton asphalt ranged only 250 U.S. dollars or USD 2.5 million per ton.

Currently, Buton asphalt production only contributes about 1.46 percent of the total national asphalt needs. In 2008, Buton asphalt production reached only 17,500 tons from 1.2 million tons of national demand.

BUSINESS INFORMATION - Bankruptcy filing on Sunday by the CIT Group, one small business lender of the largest in the United States, is the fifth largest corporate bankruptcy in the United States.

Here is a list of 20 largest U.S. bankruptcy filing since 1980, respectively, as quoted by AFP.


1. Lehman Brothers (bank) - September 15, 2008 to 691 billion dollars.

2. Washington Mutual (the bank) - September 26, 2008 to 327.9 billion dollars.

3. WorldCom (telecommunications) - July 21, 2008 - 103,9 billion dollars.

4. General Motors (cars) - 1 June 2008 to 91 billion dollars.

5. CIT (bank loans) - November 1, 2009 to 71 billion dollars.

6. Enron (energy trading) - December 2, 2001 to 65.5 billion dollars.

7. Conseco (insurance) - December 17, 2002 to 61.4 billion dollars.

8. Chrysler (cars) - April 30, 2009 to 39.3 billion dollars.

9. Pacific Gas and Electric (utility) - April 6, 2001 to 36.1 billion dollars.

10. Texaco (oil) - April 21, 1987 to 34.9 billion dollars.

11. Financial Corporation of America (the bank) - September 9, 1988 to 33.8 billion dollars.

12. Refco (trade) - October 17, 2005 to 33.3 billion dollars.

13. IndyMac (bank) - July 31, 2008 - 32,7 billion dollars.

14. Global Crossing (telecommunications) - January 28, 2002 to 30.1 billion dollars.

15. The Bank of New England (bank) - January 7, 1991 to 29.7 billion dollars.

16. Lyondell (Chemical, a subsidiary of the Dutch `LyondellBasell) - January 6, 2009 to 27.4 billion dollars.

17. Calpine (electric company) - December 20, 2005 to 27.2 billion dollars.

18. New Century Financial Corporation (trading) - 2 April, 2007-26,1 billion dollars.

19. United Airlines (airline) - December 9, 2002 to 25.2 billion dollars.

20. Colonial Bank (bank) - August 14, 2009 - 25 billion dollars.