'Morgan Stanley' Print Fortunately up to USD1, 8 Billion

22 April 2010 - 13:39 pm

Reporting NEW YORK - 'investment bank' from the United States (U.S.), or 'Morgan Stanley', to make a profit amounting to USD1, 8 billion in the first quarter of 2010. Reverse digit losses last year which had recorded a loss.

Previously for the institutional securities business growth firm based in 'New York' was, Stellar, which deals with institutional clients suffer losses instead USD17 million in the first quarter of 2009.

The financial crisis has threatened to sink the company, which along with Merrill Lynch seems to be one of the most vulnerable on Wall Street after the collapse of Lehman Brothers in September of 2008.

The Company also received assistance from the government amounting to USD10 billion to stay afloat. "We focus on Morgan Stanley's global franchise intensely that helps the office provide better results this quarter, although we still have a lot of work to do," said Morgan Stanley CEO James Gorman, as quoted by the AFP on Thursday 22-4 - 2010.

According to him, the results for the current quarter reflect solid performance such as maintaining the interest rate, credit, currencies and products. In addition, revenues from corporate business to swell USD1, 6 billion to $ 5, 3 billion a year.

"In institutional securities, we started to build sales and trading businesses to pay the entire fixed income and equity platform," said Gorman.

Nevertheless, there were protests that reverberated for bonuses on Wall Street the stock market, where Morgan is almost 50 percent of company revenue spent on compensation, and make the company "italic" $ 4, 4 billion.

In addition, the company also experienced a gain of $ 2 billion figure is obtained as a result of taking a Morgan Stanley Smith Barney, a retail broker who led Morgan and run by Citigroup. (Martinhaeszone)

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Microsoft's Windows Live Fix Soon

Thursday, April 22, 2010 - 13:23 PM

CALIFORNIA Reporting - The Company 'Microsoft' is preparing to launch a new version of 'Windows Live', which is likely to be given the name "Wave 4" by a team from the company's 'Bill Gates' it.

A vice president of Windows Live is 'Chris Jone' explains that at least several thousand people can make an external examination of the services 'latest Windows Live' which is scheduled to commence in the near future.

"We will hold an update to our web service, followed by a beta version of software intended for Windows PC, Mac, and mobile devices," said that out of the mouth 'Jones' as confirmed 'TG Daily', which was quoted on Thursday 22 -4-2010.

"Our approach with a beta release to the public, because we think it is important to build in good condition, learning through the use of data and feedback from users, and make additional improvements that ultimately became the final release," he added.

According to the 'Jones', Wave 4 focuses on three main areas, namely, among others, Messenger, Hotmail and Windows Live Essentials.

"Messenger developed into the companion to your social network, so you can stay in touch more easily with the closest friends in a lot of your services and their use," said Jones again.

"Jones also admitted that the e-mail has changed over the last few years, electronic mail is increasingly becoming an important part to communicate, other than using instant messaging.

For this reason, Jones mentions that 'Microsoft' will perform repairs Hotmail focus to help all people busy to get more email, with the most efficient manner. This means membantua to let users quickly see the most important letter and let you easily mengapus email that is not wanted.

"Additionally, we will make navigation a much simpler and easier via email, whether you share and edit Office documents with colleagues, or share your vacation photos with friends and family," he said.

In addition, with the 'Windows Live Essentials', 'Microsoft' guarantees to provide a 'gateway' to accommodate the specific social networking service that many people have, which sometimes have more than one account.

"Windows Live Essentials includes the best tools for managing photos, making movies, and keep in touch with your closest friends, all designed to force the PC Windows 7," Jones said.

"We will focus on the PC you connect to your social network, your photo sharing service, your phone and another PC - and help you keep things in sync on all the devices you use," says Jones. (Martinhaeszone)

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Directorate General of Taxes Not Have Tools to Calculate Tax Leakage

Tuesday, April 20, 2010 - 17:55 PM

JAKARTA Reporting - DGT "F Tjiptardjo" admitted to not having a system that measures the amount of tax leakage that occurred in instansinya.
Thus, he can not confirm the amount of leakage can ensure that occur every year due to a mischievous act of his subordinates.

"I do not know where his ngitung leak, hard ngitung leakage. Yes we ngitung her just how much goals which must be secured. Enggak the leaks are tools for measurement his breast. We were focused on how to secure acceptance," he said after meeting Listen Comments by Commission XI DPR RI, in Commission XI DPR, Senayan, Jakarta, Tuesday 20 april 2010.
Meanwhile, the findings related to the CPC which states the existence of tax leakage of up to Rp96 trillion, he admitted could not follow up on these findings today.

According to him, the government has a right of reply 60 days from the findings. But she admitted to have just received the report at the end of March and so is currently in the process of clarification.

"I frankly have just received, the office had just received approximately March last and the government still have 60 days to answer," he said. (Otofinance)

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Fraud Goldman Sachs, Wall Street crushing o'clock!

NEW YORK - Despite the past five days in advance is always experienced reinforcement, the index on the "Wall Street" tumbled in trading closed on the weekend. Fraud cases that happen (fraud) that allegedly committed "Goldman Sachs" and the projected worst U.S. financial statement issuers snapper are suspected to be the main reason.

as quoted from Reuters, on Saturday April 17, 2010, investors chose to secure its investment first. Decline in the stock index was the biggest in nearly two months.

Index "Dow Jones' fall by 125.91 points, or 1.13 percent at 11018.66. Index Standard & Poor's 500 fell 19.54 points, or 1.61 percent to a level of 1192.14. Similarly, the Nasdaq composite index fell 34.43 points, or 1.37 percent to 2481.26 position.

Goldman's own shares have declined by 13 percent to $ 160, 89. This is the worst record since January 2009, where as many as over 100 million shares released to investors.

This occurred after the Securities and Exchange Commission (SEC) said one of the largest firms on Wall Street inveetasi are committed fraud in debt-related products subprime mortgage.

"It will take a long time for market participants to digest this problem. They (investors) would think if this can happen with Goldman, would be able to happen also with other banks," said president of Global Investment Trends, Tom Lydon, in Newport Beach, California.

As a result, shares in the financial sector worldwide has experienced a decrease due to investors who flocked out of the market. Looks investment bank Morgan Stanley are also falling as much as 4.7 percent to $ 29, 42 while the KBW bank index fell 3.6 percent. CBOE Volatility index also measures the level of investor worries Wall Street rose by as much as 16 percent.

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Indonesian Government's Proposed No Negotiation about Tax Ratio

Yogyakarta Reporting - Economist Mutual Fund Research Institute, "Purbaya Yudhi Sadewa" suggested the government should not negotiate with the Indonesian House of Representatives about the tax ratio (the ratio of taxes).

Because it concerns the performance in achieving the targets agreed upon with the assumption that the House of Representatives.

"The Indonesian government has given the power to run the government. It is better to receipts submitted to the Indonesian Government not to discussions with the House. Later on when baseball on target then can there dimaki-maki (DPR), but do not negotiate on it," he said when met at the office of Coordinating Minister for Economic Affairs, Jalan Banteng Square, Jakarta, Friday (16/4/2010).

In addition, he also advises not to try to raise the tax ratio for tax ratio was determined based on the target has been achieved the Indonesian Government. If still want to be raised still need some time.

"Do we determine the numbers in the sky because it will be in the clouds. Other countries there are 20 percent, but please do not be achieved within one to two years, needs fundamental change," he said.

Earlier, experts from the input document of Commission XI of DPR RI Budget Simulation Macro-P Asumis cited okezone 2010, the House Commission XI forcing the Indonesian government to increase the tax ratio to 13.5 percent of GDP this year to support the creation of economic growth 6.2 percent in order to keep the budget deficit remained 2.1 percent of GDP.

In the data, with the House Commission XI on calculating tax ratio 13 per cent of gross domestic product (GDP) Rp6.050 trillion, the tax collection increased to Rp786, 5 trillion, bringing the total state revenues increased to Rp1.028 trillion.

With these assumptions, there are a number of scenarios that appear related to the correlation between the tax ratio, economic growth and budget deficits.

However, if spending is maintained at Rp1.104, 6 trillion, then state revenues potentially up to Rp1, 028 trillion, with a permanent record deficit Rp76, 55 trillion. If the budget deficit was kept Rp129, 8 trillion, or 2.1 percent, the state expenditure could be increased to Rp1.157, 8 trillion.

Meanwhile, if the Government of Indonesia is able to raise the tax ratio to 14 percent of the required increase of 16 percent or a total of Rp847 trillion. If the tax ratio increase of 15 percent of the tax revenue needed Rp907, 5 trillion or an increase of 24 percent.

Even if, based on initial demand of the House of Representatives Commission XI tax ratio increase of 16 percent, the government of Indonesia needs to boost tax revenue rose by 32 percent or a total of Rp968 trillion.

In the meeting last night, the amount of tax ratio is yet to be decided and will be specifically discussed between the Government of Indonesia and the House of Representatives Commission XI on next week. (Martinhaeszone)

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6 Tips Being a businessman without capital

Yogyakarta Reporting - demands an increasingly difficult time right now, getting people to keep their kitchen stays on, alias could support their family needs.

become a small businessman, although certainly be done, despite already having a regular job. But sometimes to start a business is not exactly an easy thing.

Capital may be a major problem faced by every businessman or entrepreneur. This is what always makes people fail to run their business. Money will always be the benchmark of failure or success of their business. Though, not always money to be a major problem.

In book 20 of the Capital Business Opportunities Y Reny knee works daras books published, as quoted okezone, Saturday April 17, 2010, said if one of independent businesses that do not need capital at all is to work out the alias to be freelance.

To become an editor, translator, writer, tutor, web or graphic designers, even a real estate agent, you basically do not need any money in capital. All you need is expertise in capital in accordance with your freelance work.

However, to become a freelancer or freelance, there's a good idea to look at six tips to become entrepreneurs without capital below:

1. Choose a job you really like.
Your goal freelances to work without the pressures and stress free. The result? No question about it. Besides getting a reasonable income, you can enjoy the job. Well, it would be nice if you choose a job you like, or indeed become your hobby.

2. Choose a job you truly mastered.
There was a time, love what you do not become something you can do well. When determining the work to be engaged, you also must consider this.

As an example, for you who has the talent to sell, you better be a businessman rather than an actual web designer you prefer, although not quite mastered. But you also have to remember when choosing a profession, there is no element of compulsion in it.

3. Continue to study and no surrender.
The main key to the success of a freelancer (the term for freelance workers), one of them is the willingness to continuously learn and open to new things that can support their work. Because, it basically involves the belief on others.

In addition, never give up attitude is also needed. Especially when you're trying to impasse. How to cope with looking for alternatives promotion or new business ideas that can arouse your business.

4. could Discipline Yourself.
Being a freelancer is certainly not bound by the monotony of working hours and always relaxed. But that does not mean you can arbitrarily and belittle your work for granted.

Requisite discipline, because only with discipline, the work can be completed properly. Without discipline, an employer will not be able to finish the job on time.

5. Extend an extensive network.
No matter what your freelance job, has a vast network is a must. Without a network, would be very difficult for you to survive in the midst of competition.

For a freelancer, the continuity of work also means more and more increase in purse money into their pockets. Bundle of funds will also automatically flowing into your account, as long as you are consistent with your chosen business field.

6. Clever Promotion.
Not just to promote merchandise, you also must be able to promote myself in front of the client. The success of the campaign carried out can be seen from how much you earn working network.

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Mutual Funds Can Be an Asset Base KPD

NEW YORK Reporting - In No V regulation G6 of Customer Funds Management Guidelines Based on the Nature Fund Management Agreement and the Individual by Bilateral Investment Manager to be signed by the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) stated, mutual funds, certificates of deposit, and KIK EBA is an effect that can be an asset base in fund management contracts (KPD).

"Deposits that include the effect, but we limit may only be 25 percent," said Chairman of Bapepam-LK Fuad Ahmad Rahmany in Jakarta.

He explained that these restrictions because the deposit is a banking product, while investment managers (MI) is the manager of capital market securities. If the placement of deposits as the underlying asset exceeds the limit of rupture determined in the regulation, the regulator will give a deadline for fund to reduce the rates.

However, if MI is ignored, Bapepam-LK will confront while on the repo, it still will look into the matter whether the entry into securities? However, according to him, in terms of accounting, including securities, while it substantially repo borrowing money.

"It is still debated. (Repo) are still in the gray area," he said.

The plan, these rules will be ratified at the end of March. Then, back to Thursday (15/4/2010) ini. until that happens, according to Fuad, because there are some changes in the draft rule is still communicated with the players in the industry.

"So in this new KPD rules do not let the little things so much trouble," said Fuad.

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Weekends, JCI fact eroded by Asian markets

YOGYAKARTA REPORTING - Combination of stock price index (CSPI) weekend experiencing weakness in Asian stocks that occur create (CSPI) trailed, although the observed global market improves. entirely internal to the sector moves increasingly weakened.

At the end securities trading "shares" on Friday 16 April 2010, "JCI" weakened 21.86 points, or about 0.75 percent to 2878.67 level. JII fell 2.13 points to 464.79, LQ45 Index fell 5.05 points seemed to 557.41.

A total of 131 stocks fell from the value of the transaction which was recorded at Rp3, 32 trillion, with a volume of 4.35 billion shares. 70 shares and 74 shares did not move higher.

In the Asian region, the index fell as much as 171.61 points Nikei or 1.32 percent to 11102.18, the Straits Times index fell 9.75 points, or 0.32 percent to 3007.19. and the index on the "Hang Seng" down 292.56 points, or 1.32 percent to 21865.26,

All shares in various sectors was observed to have weakened, which leads to the weakening of commodity sectors around for 22 points, while the mining sector fell as much as 4.75 points. Pda only property sector that observed by about 0.4 points higher. (martinhaeszone)

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Acquisition "Carrefour", "CT" Can loan up to Rp3 Trillion

Yogyakarta reported - Carrefour is currently held by the conglomerate that is "Chairul Tanjung". Through the media, Trans Corp., owner of two private television stations in Indonesia is acquiring 40 percent of the French hypermarket shares, worth USD300 million, equivalent to Rp3 trillion rupiah.

According to a media entrepreneur who is familiarly called "CT", the funds used to streamline the business expansion loans obtained from the consortium. "That consists of Cuisse Credit, Citibank, JP Morgan and ING," said the founder of the Group in a press conference at Menara Bank Mega, the city of Jakarta, on Friday the 16th of April 2010.

In a strategic partnership, "the Trans Corp." has bought 40 percent shares of PT Carrefour Indonesia and became the largest single shareholder, while the holders of other shares are Carrefour SA or up to 39 percent, "Carrefour Nederland BV" until with 9.5 percent and onesia BV to 11.5 percent

"CT" itself will be served as a President Commissioner of "PT Carrefour Indonesia", nor "Retired General AM Hendropriyono" and former Chief of Police of the Republic of Indonesia "S Bimantoro" has been defined as Komisasris. (Martinhaeszone)

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