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Thursday, December 22, 2011
I DID IT!!
Monday, December 19, 2011
Fwd: Im free now!
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Thursday, December 8, 2011
try it out for yourself...
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Wednesday, November 30, 2011
Nice opportunity...
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Monday, November 21, 2011
Fwd: I figured I should share the wealth.
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Re: Fwd: Look what i found here
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Wednesday, November 16, 2011
Wednesday, October 26, 2011
RE: I am finally became Boss!
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Tuesday, April 26, 2011
Lindsay Lohan angry over jail sentence, says report
Lindsay Lohan escorted by Los Angeles County Sherriff deputies
(Credit: Kevork Djansezian/Getty Images) "She is fine," producer Nathan Folks and friend of Lohan told People Magazine. "Obviously, she is upset about [the sentence]."
Folks told the magazine the actress is angry, because she's "been working so hard on turning her life around."
Los Angeles Superior Court Judge Stephanie Sautner said Friday she thought the actress had intentionally taken the $2,500 necklace from an upscale Venice store and shown poor judgment in not trying to return it until police became involved. The judge imposed the 120-day sentence, saying Lohan violated her probation.
Earlier in the day, the judge had reduced the actress's charge from felony grand theft to a misdemeanor.
Lohan's attorney Shawn Holley filed a notice of appeal right before court closed, clearing the way for the actress's release on bail.
She was freed after posting $75,000 bail, according to the sheriff department's website.
Deputy District Attorney Danette Meyers said her office would consider appealing the ruling as well.
Royal wedding live blog: Tuesday, April 26
Prince William and Kate Middleton leave City Hall in Belfast, Northern Ireland, on March 8, 2011.
(Credit: AP) (CBS) Good morning, royal watchers!Here's where we'll be posting all our royal wedding news, pictures and video for Tuesday, April 26. We'll be updating throughout the day, so be sure to check back here to see what's new.
Complete coverage: Britain's royal wedding
8:52 a.m. Royal wedding worth the media frenzy?
When Clarence House - the royal house in London - announced last November that Prince William had popped the question to Kate Middleton, a media frenzy began almost immediately, and many people worldwide have been gripped by wedding fever ever since.
It's been just 23 weeks since William and Kate got engaged, but the coverage continues to build. And now, with the wedding just three days away, some in the media can't get enough, while others are saying "enough already."
The pain, gain from ACFTA
The ASEAN-China Free Trade Agreement (ACFTA) has been in effect for 16 months. However, the focus of concern now has been directed toward imports from China.
Even though the agreement involves trade with ASEAN, the trade effects with these countries after the signing of the ACFTA still receives little attention.
This is understandable because competition from Chinese products is perceived to be more threatening for Indonesian products compared with products from other ASEAN countries.
As with other free trade agreements, ACFTA is intended to bolster economic growth in the region through expanded trade. As import tariffs went down to zero, or near zero percent, prices of goods would be cheaper and consumer spending would increase, and this would boost economic growth. So the theory goes.
Unfortunately, in reality things could be more complicated. Some business sectors might get hurt if they have to close their businesses and have to lay off their workers, worsening unemployment problems. Advocates of free trade argued that in the long run the benefits for the national economy would outweigh the costs, contributing to higher economic growth and welfare.
The problem is that the benefits from free trade are not readily apparent. The losses incurred by some sectors of the economy in the form of business closures and worker layoffs are more visible. And of course, this could invite spontaneous negative reactions. This is what happens when people begin to look at the affect of ACFTA and the surge of imports from China on Indonesian businesses.
A wide range of imported Chinese products have flooded Indonesian markets, ranging from textiles, garments, footwear, electronics, toys, furniture, steel, chemicals and machinery. It is hard for Indonesian companies to compete with imports from China that sell at lower prices and with reasonable quality.
Reports on losses and closures of Indonesian companies resulting from their inability to compete against imports from China have been pouring in. A flurry of activities have been taking place among government officials and ministers to stop the damage. They are preparing to take several measures, including invoking safeguards, anti-dumping policies and other countervailing actions allowed in the agreement.
Up until 2005, the Indonesian non-oil trade deficit with China was small, but since 2006 there has been a significant rise in the deficit, when it reached US$1.3 billion in 2007. A year later at the onset of the global financial crisis, the deficit rose dramatically to $7.2 billion as Indonesian imports from China jumped 88 percent.
Even after ACFTA took effect, the deficit remained high, rising by $1 billion to $5.4 billion in 2010. In the first two months of 2011, the deficit was nearly $1 billion, signaling that this year the deficit with China could be getting worse, especially given that the growth of the consumer-driven Indonesian economy remains strong while China is putting a break on their stellar growth out of fear of overheating and the possibility of a bubble.
One could argue then that even without ACFTA, Indonesian imports from China are bound to rise as demand from the Indonesian manufacturing sector for raw materials and machinery remains strong. Excluding consumer goods, China is becoming a major supplier for many Indonesian industries.
Despite some pain suffered by certain Indonesian businesses, it should not be overlooked that non-oil Indonesian exports to China in 2010, the first year ACFTA was implemented, expanded by a robust 57 percent, compared with imports from China that grew 46 percent.
But despite ACFTA, there has not been a marked shift in the structure of Indonesian trade with China. Since 2009 through the first two months of 2011, Indonesian non-oil exports to China remains 11 percent of the total Indonesian non-oil export.
Over the same period, Indonesian non-oil imports from China remained at 18 percent of its total non-oil imports. The degree of complimentary requirements between the two economies — Indonesia needs more raw materials and capital goods while China needs more commodities and energy — would ensure that there would not be a significant shift in their trade structures for some time.
If Indonesia’s trade deficit with China reflects the degree of the competitive strength of Indonesian products, then obviously there is a case for improving the competitive strength on the Indonesian side. But unfortunately the balancing of trade between RI and China could not be done through slowing down Indonesian imports from China.
So the strategy for attaining balanced trade would be to push Indonesian exports to China by making Indonesian companies more competitive. This could only be achieved when the structural problems that result in the high cost economy could be eliminated. But this would take a long time because of the ineptitude of the government bureaucracy and an inability to immediately address the problems of insufficient infrastructure, a poor business climate, illegal imports and smuggling. The pain of many Indonesian businesses stemming from competition from China would endure for some time.
While the government is working hard to level the playing field for Indonesian trade with China, let’s not lose sight of the effect of Indonesian-ASEAN trade after ACFTA. The trade between ASEAN and Indonesia has always been in favor of the later. Indonesia’s non-oil trade surplus with ASEAN rose to $3.1 billion in 2010 from $2.4 billion in the previous year.
To what extent this increase in surplus was attributable to the implementation of ACFTA is yet to be determined, but certainly ACFTA has had an impact, although it might not have been so significant. Already in the first two months of 2011, Indonesian non-oil exports to ASEAN surged 46 percent, significantly higher than 32 percent in 2010. At the same time our import growth from ASEAN slowed down from 32 percent to 29 percent.
In the first two months through February this year, Indonesia’s trade surplus with ASEAN more than tripled to $1 billion compared with the same period last year. If the trend continues, it is likely that the surplus would reach $6 billion by the end of 2011, twice as much as in 2010. While many efforts are being directed at improving trade with China, it is also important to sustain the gains from Indonesian trade with its ASEAN partners.
Even though the agreement involves trade with ASEAN, the trade effects with these countries after the signing of the ACFTA still receives little attention.
This is understandable because competition from Chinese products is perceived to be more threatening for Indonesian products compared with products from other ASEAN countries.
As with other free trade agreements, ACFTA is intended to bolster economic growth in the region through expanded trade. As import tariffs went down to zero, or near zero percent, prices of goods would be cheaper and consumer spending would increase, and this would boost economic growth. So the theory goes.
Unfortunately, in reality things could be more complicated. Some business sectors might get hurt if they have to close their businesses and have to lay off their workers, worsening unemployment problems. Advocates of free trade argued that in the long run the benefits for the national economy would outweigh the costs, contributing to higher economic growth and welfare.
The problem is that the benefits from free trade are not readily apparent. The losses incurred by some sectors of the economy in the form of business closures and worker layoffs are more visible. And of course, this could invite spontaneous negative reactions. This is what happens when people begin to look at the affect of ACFTA and the surge of imports from China on Indonesian businesses.
A wide range of imported Chinese products have flooded Indonesian markets, ranging from textiles, garments, footwear, electronics, toys, furniture, steel, chemicals and machinery. It is hard for Indonesian companies to compete with imports from China that sell at lower prices and with reasonable quality.
Reports on losses and closures of Indonesian companies resulting from their inability to compete against imports from China have been pouring in. A flurry of activities have been taking place among government officials and ministers to stop the damage. They are preparing to take several measures, including invoking safeguards, anti-dumping policies and other countervailing actions allowed in the agreement.
Up until 2005, the Indonesian non-oil trade deficit with China was small, but since 2006 there has been a significant rise in the deficit, when it reached US$1.3 billion in 2007. A year later at the onset of the global financial crisis, the deficit rose dramatically to $7.2 billion as Indonesian imports from China jumped 88 percent.
Even after ACFTA took effect, the deficit remained high, rising by $1 billion to $5.4 billion in 2010. In the first two months of 2011, the deficit was nearly $1 billion, signaling that this year the deficit with China could be getting worse, especially given that the growth of the consumer-driven Indonesian economy remains strong while China is putting a break on their stellar growth out of fear of overheating and the possibility of a bubble.
One could argue then that even without ACFTA, Indonesian imports from China are bound to rise as demand from the Indonesian manufacturing sector for raw materials and machinery remains strong. Excluding consumer goods, China is becoming a major supplier for many Indonesian industries.
Despite some pain suffered by certain Indonesian businesses, it should not be overlooked that non-oil Indonesian exports to China in 2010, the first year ACFTA was implemented, expanded by a robust 57 percent, compared with imports from China that grew 46 percent.
But despite ACFTA, there has not been a marked shift in the structure of Indonesian trade with China. Since 2009 through the first two months of 2011, Indonesian non-oil exports to China remains 11 percent of the total Indonesian non-oil export.
Over the same period, Indonesian non-oil imports from China remained at 18 percent of its total non-oil imports. The degree of complimentary requirements between the two economies — Indonesia needs more raw materials and capital goods while China needs more commodities and energy — would ensure that there would not be a significant shift in their trade structures for some time.
If Indonesia’s trade deficit with China reflects the degree of the competitive strength of Indonesian products, then obviously there is a case for improving the competitive strength on the Indonesian side. But unfortunately the balancing of trade between RI and China could not be done through slowing down Indonesian imports from China.
So the strategy for attaining balanced trade would be to push Indonesian exports to China by making Indonesian companies more competitive. This could only be achieved when the structural problems that result in the high cost economy could be eliminated. But this would take a long time because of the ineptitude of the government bureaucracy and an inability to immediately address the problems of insufficient infrastructure, a poor business climate, illegal imports and smuggling. The pain of many Indonesian businesses stemming from competition from China would endure for some time.
While the government is working hard to level the playing field for Indonesian trade with China, let’s not lose sight of the effect of Indonesian-ASEAN trade after ACFTA. The trade between ASEAN and Indonesia has always been in favor of the later. Indonesia’s non-oil trade surplus with ASEAN rose to $3.1 billion in 2010 from $2.4 billion in the previous year.
To what extent this increase in surplus was attributable to the implementation of ACFTA is yet to be determined, but certainly ACFTA has had an impact, although it might not have been so significant. Already in the first two months of 2011, Indonesian non-oil exports to ASEAN surged 46 percent, significantly higher than 32 percent in 2010. At the same time our import growth from ASEAN slowed down from 32 percent to 29 percent.
In the first two months through February this year, Indonesia’s trade surplus with ASEAN more than tripled to $1 billion compared with the same period last year. If the trend continues, it is likely that the surplus would reach $6 billion by the end of 2011, twice as much as in 2010. While many efforts are being directed at improving trade with China, it is also important to sustain the gains from Indonesian trade with its ASEAN partners.
Bank Mega refuses to compensate Elnusa
Bank Mega says it will not pay any compensation to its client, PT Elnusa, after a third party allegedly embezzled funds from the company's deposit account, totalling Rp 111 billion (US$12 million), at the bank.
Bank Mega director Suwardhini said the issue of the missing funds was between Elnusa, investment firm Discovery Indonesia and Harvestindo Asset Management.
“We have done our job properly, so we will not pay any compensation,” Suwardhini said Monday, as quoted by kontan.co.id.
Police are now investigating the case and have arrested several suspects.
19 suspects planned Serpong church bombing: Ansyad
National Antiterrorism Agency (BNPT) chief Ansyaad Mbai says 19 suspects arrested in relation to the recent book bombs planned to blow up the Christ Cathedral in Serpong, Tangerang.
“All those arrested are suspects connected to the book bombs, and planned to blow up the church,” he said after a security meeting at the Presidential Palace on Thursday, as quoted by tribunnews.com.
The suspects had placed a series of explosives near the church, he said.
National Police chief Gen. Timur Pradopo said the police had identified 19 suspects related to the bombs.
Among these were suspected actors involved in the placement of explosives under a gas pipeline in Serpong, not far from the cathedral.
“All those arrested are suspects connected to the book bombs, and planned to blow up the church,” he said after a security meeting at the Presidential Palace on Thursday, as quoted by tribunnews.com.
The suspects had placed a series of explosives near the church, he said.
National Police chief Gen. Timur Pradopo said the police had identified 19 suspects related to the bombs.
Among these were suspected actors involved in the placement of explosives under a gas pipeline in Serpong, not far from the cathedral.
Remembering Chernobyl
Boediono states 3 priorities to boost ASEAN's global role
Vice President Boediono says Indonesia has set three "priorities" in developing the role of ASEAN as a global problem-solving grouping.
As this year's ASEAN chair, Indonesia has chosen the theme "ASEAN Community in a Global Community of Nations" to mark its chairmanship.
According to Boediono, the first priority is to make significant progress in the formation of an ASEAN Community.
"We will do this by continuing and building upon past achievements and by identifying and forging new areas of cooperation in the three pillars," he said Monday during a seminar organized by news media under the Asian News Network, which includes The Jakarta Post.
The second priority, Boediono said, was to ensure that the "regional architecture and environment remained conducive to the pursuit of development in the region".
"Part of this is to ensure that ASEAN remains in the driving seat in shaping an expanded East Asian Summit, as well as strenghthening ASEAN's other partnerships with dialogue partners," he said.
The Vice President said the third priority would focus on charting a "post-2015 vision for ASEAN whereby there will be a more cohesive ASEAN role in addressing global issues".
Boediono also reaffirmed Indonesia's commitment in supporting ASEAN to attain the "three community blueprints".
"In particular, we want to ensure that the development of an ASEAN Community will continue to adhere to the spirit, norms and principles contained in the ASEAN charter," he said.
As this year's ASEAN chair, Indonesia has chosen the theme "ASEAN Community in a Global Community of Nations" to mark its chairmanship.
According to Boediono, the first priority is to make significant progress in the formation of an ASEAN Community.
"We will do this by continuing and building upon past achievements and by identifying and forging new areas of cooperation in the three pillars," he said Monday during a seminar organized by news media under the Asian News Network, which includes The Jakarta Post.
The second priority, Boediono said, was to ensure that the "regional architecture and environment remained conducive to the pursuit of development in the region".
"Part of this is to ensure that ASEAN remains in the driving seat in shaping an expanded East Asian Summit, as well as strenghthening ASEAN's other partnerships with dialogue partners," he said.
The Vice President said the third priority would focus on charting a "post-2015 vision for ASEAN whereby there will be a more cohesive ASEAN role in addressing global issues".
Boediono also reaffirmed Indonesia's commitment in supporting ASEAN to attain the "three community blueprints".
"In particular, we want to ensure that the development of an ASEAN Community will continue to adhere to the spirit, norms and principles contained in the ASEAN charter," he said.
Tuesday, January 4, 2011
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