Thursday, November 25, 2010

All Vehicles Prohibited Personal Use of Subsidized Fuel

JAKARTA Report - Of the two options limiting consumption of fuel oil (BBM) subsidy that will be proposed by the government, Minister of Energy and Mineral Resources of "Darwin Z Saleh" confirms that the prohibition of the consumption of subsidized fuel option for all private vehicles (black plate) is more easily implemented in the field and can save a larger budget.

"Options that banned all black plate car buying fuel subsidies, of greater savings and implementation are more likely to (easily)," he said as quoted by the official website of the Directorate General of Oil and Gas in Jakarta, Wednesday (24/11/2010).

As is known, the Coordinating Minister Hatta Rajasa has said that the government set up two subsidized fuel savings options that requires consideration of the House, first, all black plate cars are prohibited from using the fuel subsidy. Second, all black plate car with the year of manufacture in 2005 to above are prohibited from using fuel subsidies.

Meanwhile, related to timing of the plan will be conducted from January 1, 2011, according to Darwin, the government is eager to do this but it certainly should be discussed with the House first.

Himself argued that the policy of subsidized fuel savings should be done to save money and sharpen the target country that is only the parties are entitled to enjoy the subsidized fuel.

"Remember you know, we must dare to go, start walking. Will it be perfect? Not necessarily. But we (should) begin to move. If not, it would be too much of an impact of subsidized fuel (to finance the state) if (volume) increases. If increased 10 percent, it was Rp10 trillion. That's equivalent to what school? "He explained.

Evita Legowo added that based on the calculation when all the black plate cars are prohibited from buying subsidized fuel, it can save fuel by 11 million kl (kl). Meanwhile, if the option is only cars with year of manufacture 2005 to the above is prohibited, then the savings could reach eight million kl.

For the initial stage, subsidized fuel savings will be carried out in the big city. But which city is chosen, Evita refused to explain. Because the island of Java and Bali is the most widely used subsidized fuel is approximately 60 percent of the total quota.

"We still have not decided which one (area), but the possibility of a big city. We must know, the Java-Bali uses 60 percent gasoline, "said Evita.

For the year 2010, has set a quota of subsidized fuel at 36.5 million kl but will be missed until the end of the year and add more volume of subsidized fuel approximately 1.8 million kl. Article by okezone.com. Thanks to visit.

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Friday, September 17, 2010

Weekend, "JCI" and rose to 41.02 pts.

Reporting JAKARTA - Composite Stock Price Index (CSPI). This weekend again through his new record at the 3382 level. Positively influence regional and global trade today joined boost passion coupled with leading stocks trading in the country.

JCI, in trading on Friday (17/09/2010) afternoon soared 1.23 percent or 41.02 points. new record at 3382.65. LQ45 index rose 5.79 points to 638.84 and the Jakarta Islamic Index (JII) rose five points to 515.34.

The value of trade transactions at the end of this week reached Rp 5, 87 trillion, with a volume of 9.79 billion shares. A total of 172 stocks rose, 70 stocks fell, and 60 shares did not change the price.

Consumption sector still experienced a decrease as in the first session was up to 6.78 points. Meanwhile, the plantation sector led the reinforcement with 50.06 points, as well as the mining sector rose 37.54 points. While the manufacturing sector rose 5.18 points, the financial sector rose 3.7 points, and the infrastructure sector rose to 10.45 points.

Asian index is still compact strengthened where the Nikkei 225 up to this afternoon, up 116.59 points, or 1.23 percent to 9626.09, the Hang Seng index rose 279.41 points, or 1.29 percent, to 21970.86, and the Straits Times rose 12.71 points to 3079.82.

Meanwhile, Europe also began trading index dijalur green where the FTSE 100 rose 58.69 points, or 1.06 percent, to 5598.83, DAX rose 55.11 points, or 0.88 percent, to 6304.76 and the CAC 40 rose 49, 45 points or 1.32 percent, to 3785.75.

Stocks that move strengthened (Top gainers) is PT Indomobil Sukses International Tbk (Imas), up Rp1.300 to Rp7.900; PT Indocement Tunggal Prakasa Tbk (INTP), up Rp1.050 to Rp19.300; PT United Tractors Tbk ( UNTR) rose Rp500 to Rp20.600; and PT Semen Gresik Tbk (SMGR), rose Rp450 to Rp9.600.

While the stock is moving melamah (top loosers) is PT Astra International Tbk (ASII), down Rp600 to Rp54.700; PT Gudang Garam Tbk (GGRM), down Rp450 to Rp45.050; PT Bukit Asam Tbk (PTBA), down 400 to Rp18.500; and PT Astra Ramayana Tbk (ASRM), down Rp330 to Rp1.010. (otofinanceinfo) (blog)

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Sunday, July 18, 2010

Ford Motor-Build New Factory, worth USD300 Million in China

Reporting SHANGHAI - American automakers (USA), Ford Motor as part owner of an automotive company from China, Jiangling Motors Corp (JMC) set up a new plant in Shanghai worth USD300 million.
Plant with production capacity of 300 units per year vehicle was built as an expansion Langkat Ford's largest car market in the world.
Ground breaking process conducted on Sunday (18/07/2010) is expected to be completed and began operation in late 2012.
Jiangling, 30 percent controlled by Ford, currently operates two plants, with a combined capacity of 210 thousand units, making the JMC and Ford Transit models. (Otofinanceinfo)

Source Article and image :okezone.com

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