Archive for the ‘Banking’ Category
Based on legal rules, mutual funds are divided into:
* Mutual fund companies form
The Company collects funds by selling shares of the prime (IPO), then use those funds to invest in various types of securities.
o Mutual fund open (open-end investment company); where investors can buy shares of mutual funds and resell without being limited the number of shares issued.
o Mutual fund closed (close-end investment company); investors can only purchase through the stock exchange where shares of mutual funds registered with a certain amount.
* Mutual Fund Collective Investment Contract (KIK)
This is the most common form, where there is a contract between the MI and the custodian banks that binds the holder of units (UP). MI is authorized to manage the collective investment and custodian banks have the authority to conduct collective care. KIK mutual funds but did not issue new shares via UP to the size of the amount specified in the Articles of Association. Investors who participate will get a proof of participation in the form of a confirmation letter from the custodian bank. Read the rest of this entry »
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Business opportunities in the telecommunications sector in 2008 is more promising in 2007 after experiencing improved growth, economic analysts said the Institute for Development of Economics and Finance (INDEF), Aviliani.
“Telecommunications sector grew 12 percent in 2007 and in 2008 will rise again,” he said during a dialogue titled “Business Competitiveness Outlook 2008″ held by Community Competitiveness Indonesia, in Jakarta on Thursday night.
Telecommunications sector experienced a form of investment changes variously in accordance with technological progress.
He said that toll prices are also likely to decline due to competition antaroperator.
The communications business, which also Aviliani said BRI’s Commissioner, also has established cooperation with the banks and retailers to develop their business.
“Telecommunications remains an attractive business in the next year, if you want to buy a stake in telecommunications,” he said.
Deputy Head of the Central Statistics Agency, Ali Rosidi said, growth and macro economic indicators are factual in good condition during the year 2007.
“The trigger is good growth in 2007 was the agricultural sector, especially sub-plantation,” he said.
Industrial and mining sectors that provide employment, he said, a small growth.
In 2008, he said, especially the domestic transport sector is promising, while international transport can not compete.
Retailer Services Director AC Nielsen Indonesia, Yongky Surya Susilo said that in 2008 Indonesia had economic growth opportunities that a lot.
“The Indonesia’s basically a good trader, good business, but` not `good marketers, there is no data, the processing is still traditional, still based intuition, so that needs to hone` marketing `,” he said.
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Step Questionnaire Special Board of the House of Representatives Century Coffer Questionnaires requesting transaction abstracts accumulator barter acquire criticism. The move was not justified except by permission of Coffer Indonesia or in affiliation with bent investigations.
Perbanas administrator Sigit Pramono are calling, the end of aftermost week, emphasized that these accomplish can not be justified, because according to Article 40 of Law Number 10 Year 1998 on Banking, the coffer charge accumulate a abundance of advice about barter and deposits except with permission from Coffer Indonesia and the accompanying analysis crime.
“We, the banks, apropos the advance of the analysis action by the Special Board Questionnaire Century. However, we additionally appeal that the Special Board additionally appreciates the rules of coffer secrecy, “Sigit said.
He explains, directors, commissioners, and coffer advisers who breach the coffer clandestineness rules may be accountable to imprisonment of at atomic two years.
According to Sigit, the bank’s business is business confidence. “The amount of this acceptance is the admeasurement to which banks can advance the acquaintance of its barter savings,” he said.
Search Century cases, connected Sigit, not to cede the cyberbanking business that currently administer accessible funds up to USD 1973 billion.
Director of Coffer Pearl Maryono asked barter to abide calm and do not charge to panic. “We abide to advance coffer clandestineness rules,” he said.
According Maryono, it acerb supports the action of analysis that was conducted Questionnaire Special Committee, but his methods are accepted to not breach the law. Special Board so that barter can trace the funds, Pearl Coffer administration is accessible to acquisition addition way not to breach the law.
Observers banking, Mirza Adityaswara, Sunday (14.2.2010) in Jakarta, said all parties acknowledging the accuracy of the case appear that the suspicion Century some board associates could unanswered.
However, connected Mirza, procedures and the Cyberbanking Law the Central Coffer Act should additionally be admired because the law additionally fabricated by the Parliament. “If affected to ask the Special Board to arcane abstracts banks are not in a procedure, the Special Board does not account the Cyberbanking Act fabricated by Parliament,” he asserted.
Meanwhile, economists Dradjad H Wibowo said, no armamentarium breeze data, the Special Board could not booty a absolute conclusion. In fact, the breeze of funds is one of the capital issues in the case of Century Bank. The breeze of funds can alone be accepted if there is admission to chump accounts and accumulation accounts mutation. This includes archetype the breeze of funds acquired from banknote withdrawal.
“Special Board to appeal the court’s accommodation and or Coffer Indonesia, which is accustomed to adjustment the aperture of chump accounts,” said Dradjad
