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Indonesia KADIN shall launch Creative Industry Roadmap

Taken from http://www.ayipbali.com

I read on Batam Pos that Indonesia’s Chamber of Commerce (KADIN) shall immediately launch Indonesia Creative Industry Roadmap in April 2009. It is said by Ketut Suardhana from KADIN’s Creative Economy section on 30 Jan 09.

He said that the plan is to support Indonesia’s government goal to make 2009 as “Creative Indonesian Year”. [...]

World Bank praise Indonesia Economy Resilient

taken from http://indonesia-arab.blogspot.com

I read on Batam pos that World Bank (WB) Country Director for Indonesia, Joachim von Amsberg praise the resilience of Indonesia’s Economy during his visit to Jawa Pos office, in th evening of 30 Jan 09. He also mentioned that Indonesia enters the current economy crisis with stronger economy fundamental. In the past [...]

IMF : 2009 World Economy worst in 60 years

Taken from http://www.myleftwing.com

According to IMF Economy Chief, Olivier Blanchard, World economy growth in 2009 shall reach it lowest level since World Ward II. IMF predict that the growth shall only be just 0.5%. This number is very low compare to the 2008 growth of 3.4% and 2007′s 5.2%.

As for the US, which the epicentrum of [...]

CPO price up on incresing demand

Photo taken from http://img.alibaba.com

I read on this site that we could expect that the price of crude palm oil (CPO) is continue its upward trend. This is due to increasing demand in the world market due to declining stocks. It is believed that one of the factor to this increased is because stocks in Europe [...]

BI says global crisis not over yet

taken from http://www.heritage.org/

BI Governor Boediono reminded on Thu, 28 Jan 09 that the global crisis is not over yet and any time the impacts could hit the economy of any country, including Indonesia

“It`s like being hit by a series of earthquakes, one earthquake is not over yet, another follows. The quake`s epicenter is located in [...]

Indonesian Local Investment Play Major role in 2009

Taken from http://www.geopromining.com

According to Head of Investment Coordinator Bereau (Badan Koordinasi Penanaman Modal -BKPM), M Lutfi, in 2009 Local Investment shall play major role in the investment growth of Indonesia that is predicted to be around 10.7-11.2% . This is due to the real investment in 2009 is a continuation from the investment commitment that [...]

Indonesian Foreign Investment grew 43.8% in 2008

Taken from http://insidetradellc.com

According to M Lutfi, Head of Investment Coordinator Bereau (Badan Koordinasi Penanaman Modal – BKPM), Foreign Investment in Indonesia in 2008 grew 43.8% compared to 2007 or reaching Rp 133.83 Trilliun (USD 14.87 Milion). He said that during the offical lanuch of “Investment Roadmap” in Jakarta, 27 Jan 2009.

Well, this a another [...]

Fall of a country and a Country bankruptcy – Icelandic case

Taken from http://newsimg.bbc.co.uk

I read on the running text yesterday and also on this news about the resignation of Icelandic PM following the bankruptcy of the Iceland’s economy. From what I read, this country can be considered as falling country due the Icelandic currency (Krona) now has a tremendous decreased in value following the break [...]

US Surveys : Recession getting worse

Photo from http://www.abc.net.au

Photo from http://www.abc.net.au

CNN post a report that according to the survey conducted by National Association for Business Economics survey, the recession shall getting worse on the months to come.
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World Gold Price remain strong

Photo from http://www.usagold.com

I read on this site that during 2008, the world gold price is sustained to all the hit from all side of economy crisis. At the year end, the gold price is closed on USD 869,75 per troy ounce in London. This level is higher USD 36 dolar AS per troy ounce compared [...]