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May
14
0

EU Interested with Automotive Investment in Indonesia

Automotive InvesmentEuropean Union countries expressed interest to invest in the automotive industry in Indonesia. This will be done through increased cooperation with the country business. The desire of the EU business is getting stronger in the EU Business Dialogue forum, Indonesia or the European Union-Indonesia Business Dialogue (EIBD) which lasted for two days in Kuta, Bali.

According to the Director General of the International Industrial Cooperation Ministry of Industry (Ministry of Industry), Agus Tjahajana, now a meeting place to socialize the desire Indonesia and the European Union about the possibility of economic cooperation and trade between them.

Previously, both heads of state and head of government of Indonesia since 2009 the EU has agreed to set up mutually beneficial cooperation with the involvement of the business world. “The meeting is expected to issue recommendations cooperation that will be submitted to the government and the business world,” said Agus in Kuta, Monday, May 14, 2012. read more

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Feb
8
0

10 The story of people who have a Great Success after resign

Great Success Story

Great Success Story

Have you ever wished to quit the job now and realize your dreams? It could be good fortune favor you, like these people. They can gain success after leaving a job that gives them a fixed salary.

Success after quitting your office job is not guaranteed. But for some people can get lucky once said ‘I quit. “With hard work and determination, they can now turn to gain success.

Following the success stories of people after quitting his job. These people could gain millions of dollars and creating its own wealth. These 10 lucky people that, as quoted by CNBC, Wednesday (01/26/2012).

A. Shep and Ian Murray, Vineyard Vines

Two brothers, Shep and Ian Murray was frustrated with their work behind a desk at a company in Manhattan. Shep Murray previously was an Account Executive at an advertising company, while Ian Murray worked at a small public relations firm. In 1998, Shep Murray resigned, his brother followed 10 minutes later.

They then took cash from credit cards to start a Vineyard Vines, a tie which is based in Martha’s Vineyard. The idea they took cash from credit cards was scorned and considered stupid. read more

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Jan
16
0

Status of French Credit Rating Down

Credit rating agency Standard & Poor’s (S & P) downgraded bonds in one of the major European economies, France. Not only that, debentures eight other European countries, who are also fellow users euro currency (euro zone) came down the rankings, there’s even coming into the category of “trash.”

Credit downgrades illustrates that the debt crisis in the eurozone in the past two years has become more severe. This crisis raises doubts among financial market participants for the future of regional currencies in Europe.

According to news agency Reuters, bond downgrades number of European countries was announced at the S & P on Friday, January 13, 2012 New York time. France, which has become one economic power in Europe with Germany, has decreased one level, from AAA to AA +. The same fate also experienced by Austria.

Malta, Slovakia, and Slovania also decreased one level. Their colleagues, Italy, Spain, Portugal, and Cyprus suffered a decrease of two ranking. In fact, as reported by the BBC, the credit status of the latter two countries that fall into the category of “junk” (junk).

Germany, for the S & P, still survive. Treasury bond remains AAA and economic status is considered stable.

S & P also claimed to fear that a number of initiatives that have been rolled out of European leaders in the face of the debt crisis “could be not enough to fully respond to systemic pressure that goes on within the euro zone.”

A number of countries are already implementing unpopular measures in tackling the crisis, namely by implementing austerity budgets and raise taxes. That policy led to a wave of layoffs among civil servants and triggering a series of protests.

The fall in credit ratings in a number of European countries could trigger a series of similar downgrades on some major banks and large corporations and government agencies of Europe. It can happen to the European Financial stabilization facility (EFSF), which formed to save the euro zone countries affected by financial crisis.

S & P’s announcement triggered the stock price decline on the New York and the euro exchange rate on the transaction on Friday.

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Jan
15
0

Worldwide, Indonesia Most Optimistic Welcomes 2012

Despite being volatile, is generally optimistic people in the world would be better in 2012. Nearly three-quarters of the 24 countries surveyed in this state.

Ipsos / Reuters held a survey to find out what ideas they have for next year based on those experienced in 2011. “All indicators show even though people worry about today, but there is a glimmer of hope in the future,” said Clifford Young, Senior Vice President Ipsos Public Affairs.

Optimism is felt most strongly in France and Indonesia, where 91 percent of people think 2012 will be a better year. Following after that Brazil (90 percent) and India (89 percent).

Italy, Japan and Sweden the least optimistic with this new year, only 45 percent respectively, 46 percent and 55 percent who rate the better. While Hungary at the rate of 56 percent and the UK in numbers 58 percent.

“Europe is still a problematic place. Not to solve all problems,” said Young. “But in North America, particularly the United States, has seen signs of progress.”

Seventy-four percent of Americans shows optimism in 2012. “They look so much better conditions: a little more job stability, the ability to put less food on the table,” he said.

But only four of 10 respondents, amounting to 21,245 people around the world are assessing the global economy will be stronger in 2012. France, Hungary, Belgium, Italy and Sweden are the least to see a stronger global economy. But the majority in India, Brazil, Indonesia and Saudi Arabia believe the global economy will be strengthened.

Surveys show that young, affluent and educated are the most optimistic for 2012. Nearly 80 percent of young people under the age of 35 years believes the new year will be better.

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Jan
14
0

Nike Finally Overtime Pay Thousands of RI workers

Nike

Nike

Device manufacturers Nike Inc will pay overtime pay thousands of workers on their factory in Indonesia. Previously, overtime pay of U.S. $ 1 million (Rp9, 1 billion) this was not paid by a company headquartered in the United States.

Reporting from Washington Post, Thursday, January 12, 2012, payment of overtime from Nike will begin early next month. According to the National Labor Union (SPN), which represents 4500 workers of PT Nikomas, shoe maker Nike factory in Banten, Nike did not pay the wages of 600,000 hours of overtime for two years.

Bambang Wirahyoso, chairman of NES, said that the overtime pay of U.S. $ 1 million obtained following negotiations for 11 months. This amount was thought still too small compared to what is experienced by workers in Nikomas for 18 years.

“The practice of working overtime without pay has actually happened in Nikomas for 18 years, but the law in Indonesia only allows compensation for two years,” said Wirahyoso in a statement, quoted from the BBC news station.

Nevertheless, he said that the case would be a kind of whip for workers seven days a week without overtime pay they deserve. “This case will be a whip for the movement of workers in Indonesia. We’ve just started,” he continued.

Nike said in a statement the company said it will make corrections in the performance of well-being of workers. In addition, Nike also offers training programs and establish a task force to accommodate the aspirations of the workers.

“Nike factories in support of their action plan and efforts to correct deficiencies in existing policies in protecting the rights of workers. Nike will continue to monitor and support their efforts in improving the situation,” wrote Nike said in a statement.

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