KOMPAS.com – NISP, OCBC Bank and Hana Bank signed a strategic cooperation for the sake of looking for value-added potential of each. As the information received on Monday (21/06/2010), includes various aspects of collaboration including the areas of treasury, remittances, corporate banking, trade finance, and so forth. In addition, both banks will increase the potential customers, especially in the case of a network to serve customers in Indonesia and Korea.

Present on the occasion among others, President Director of Bank NISP, OCBC Surjaudaya Parvati and CEO & President Director of Hana Bank Choi Chang Sik.

Hana Bank in Indonesia since March 2008 with total assets as of 2009 reached USD 1.844 trillion. Hana Bank Hana Bank-owned by Korea’s 75.1 percent, the International Finance Corporation (IFC-World Bank subsidiary), 19.9 percent, and Bambang Setijo 5 percent.

Meanwhile, the Bank has stood in Bandung, on April 4, 1941, as of March 31, 2010 with assets of Rp 35.8 trillion. In running a business that focuses on the SME and consumer sector, the Bank has received support in various fields of OCBC Bank as its controlling shareholder (74.73 percent).

Outlet that is named “Indonesia Is Creative” is spelled out because of the strategic pass that will move passengers into the aircraft. Dus, buyers and tourists who intend to leave Indonesia will find this outlet.

“The shop is a showcase of the creative industry leading products, due to the weight of historical heritage and creativity of the creative industry products from 14 sub-sectors, namely fashion, crafts, and others,” said Trade Minister Mari Elka Pangestu.

Indonesia Is Creative has been in operation for two months. A number of products sold as Toraja coffee, coffee coffee Bali even mongoose. In addition, these stores also sell many different crafts as well as traditional fabrics such as batik, weaving, and jewelry.

These items were supplied by small and medium enterprises (SMEs), with most of them are state-owned SMEs and Kemendag coachee. Meanwhile, in the management of these outlets Kemendag collaborate together with PT Indonesia Creative Square which is considered experienced in managing the sale of SME products

Director of Economic Research and Monetary Policy Bank Indonesia (BI) Perry Warjiyo, Monday (21/06/2010) in Jakarta, explained that the flow of foreign funds back in because the trust fund to invest in emerging markets, including Indonesia, back up. Moreover, the prospects for the Indonesian economy continues to improve.

Foreign funds in Bank Indonesia Certificates (SBI), for example, increased to Rp 4.2 trillion in the past week. This makes foreign funds in SBI reached Rp 37.7 trillion as of June 18, 2010.

Earlier, during May 2010, foreign funds flowing out of the SBI increased uncertainty following the European settlement of the crisis. At that time, foreign investors pulled their funds from the SBI and transferred to the U.S. dollar denominated instruments, which is considered more secure.

Throughout the month of May, foreign funds out of the SBI Rp 47 trillion, which makes a significant weakening of rupiah exchange rate. As a result of it all, the position of foreign funds in SBI dropped, from Rp 82.99 trillion at the end of April 2010 to Rp 36.36 trillion at the end of May 2010.

According to Perry, in addition to the SBI, the foreign funds are also flowing into the SBN and stocks. As of June 18, 2010, the position of foreign funds in the SBN Rp 151.68 trillion, an increase of USD 7.6 trillion, compared to the end of May 2010 which is only Rp 144.09 trillion. In the same period, total SBN increased 4.82 trillion, from Rp 609.68 trillion to Rp 614.5 trillion. This means that all additional SBN hired in June 2010 on foreigners.

Earlier, such as SBI, foreign positions in the SBN down around Rp 4 trillion during May 2010 due to the crisis in Europe.

In the stock market, boosting the flow of foreign funds Composite Stock Price Index in Indonesia Stock Exchange. In trading yesterday, the Jakarta Composite Index rose 12.31 points to 2941.9 level. Foreign investor transactions recorded a net buy USD 423.3 billion.

Perry explains, the BI policy requires that investors hold a minimum one-month SBI (one-month holding period) in fact, do not reduce foreign interest in buying SBI. Foreign investors precisely assess the prospects for Indonesia’s financial markets become better with the policy.

Economist Dradjad Wibowo rate, the policy of the holding period of one month is good. However, coordination should be accompanied with the Ministry of Finance to avoid speculation SBN made due to excess liquidity event.

As the improving outlook for the Indonesian economy, the international rating agency Moody’s yesterday raised Indonesia’s debt rating outlook in the domestic and foreign currency from stable to positive. Positive Outlook indicates the possibility of Indonesia to increase the ranking in one year ahead, in which Indonesia needs two more notch to investment grade from Moody’s.

In a press release, Moody’s explained, a positive outlook also reflects the strengthening of the Indonesian economy to grow a sustainable, balanced by the effectiveness of fiscal and monetary policy stability.

“Increase in Electricity Basic Tariff (TDL) for 10 percent of which will be subject to public middle to upper will trigger an interest rate (BI Rate) of Bank Indonesia increased by about 0.25 percent to 0.50 percent by the end of this year,” he said after the signing cooperation between NISP, OCBC Bank and Hana Bank in Jakarta, Monday (06/21/2010).

According Pramukti, an increase in TDL were indeed unavoidable in addition to improving performance, PLN will also fix the electrical pipes worn. “But the increase would trigger a TDL in the domestic inflation rate increases. The increase in the rate of inflation is expected to trigger the BI Rate was also strengthened,” he said.

If the increase in the rate of inflation is not so large, he added, the BI Rate is expected to be still at the level of 6.5 percent. “We expect the BI was still at 6.5 percent level, so that bank lending rates which currently range from 11 percent to 12 percent will still survive,” he said.

But if the inflation rate increased quite high, it will also push BI rate moves up and also sparked increased interest bank loans. “The increase in bank credit interest is estimated that only about 0.25 percent to 0.50 percent,” he said.

Pramukti Surjaudaja said, the increase in bank lending rates is estimated to hard to resist, but the increase was probably not immediately. “Banks will adjust it if it costs increase operational costs tend to increase,” he said.

Meanwhile, President Director of PT OCBC NISP, Parvati Surjaudaja said the government would be hard to avoid the rate increase TDL, although the cause of pros and cons. “We believe governments have their own policies on increase in TDL that, although done in a very heavy,” he said.

Muscle rupiah strengthened based on Bank Indonesia middle rate. On this day, the rupiah traded at Rp 9184 per U.S. dollar. This exchange rate strengthened when compared with last weekend, where the rupiah traded at Rp 9,200 per U.S. dollar.

The strengthening of rupiah currency is also coupled with other Asian countries. This reinforcement led by won. Domestic currency exchange rate has gone up this Ginseng 1.7 percent to 1225.65 per U.S. dollar at 12:52 pm Seoul time. While the Malaysian ringgit also show off by 0.3 percent to 3260 per U.S. dollar.

Strengthening the Asian country’s currency because investors are optimistic that economic recovery continues. One was predictive of increased consumption in the United States.

Several layers of shares which increased the price of PT Astra International Tbk (ASII) rose 1.63 percent to USD 43 700, PT United Tractors Tbk (UNTR) rose 2.72 percent to USD 18 850, PT Indo Tambang Raya Megah Tbk (IMTG) rose 1.12 percent to USD 36 000, PT Telekomunikasi Indonesia Tbk (TLKM) rose 0.64 percent to Rp 7,900, and PT Gudang Garam Tbk (GGRM) rose 1.78 percent to USD 34 300.

While the number of shares which opposes the flow or decrease in the price of PT Semen Gresik Tbk (SMGR) fell 0.58 percent to Rp 8550, PT Bakrie Telecom (BTEL) fell 0.60 percent to Rp 166, PT Inovisi Infracom Tbk (INVS) dropped 0 , 62 percent to Rp 1,600, PT Sumalindo Lestari Jaya Tbk (Suli) fell 1.75 percent to Rp 112, and PT Matahari Putra Prima Tbk (MPPA) fell 0.92 percent to Rp 1080.

Sucorinvest Central Gani predicts stronger JCI will fluctuate with the potential profit taking at the level of 2779-2812. Strengthening the stochastic indicator is marked oscilator the golden cross in the normal area and moving average indicator shows bearish potential alerts in the near future.

Same thing happens at the Directorate General of Taxation under the auspices of the Ministry of Finance to adopt a system of remuneration.

Vice Minister of Finance DG Anny Ratnawati justify remuneration Tax detained approximately USD 3 billion. “He said the Directorate General of Taxation to the sanctions, its performance benefits are not paid. MyNumber approximately USD 3 billion,” he said in a press statement on the ministry’s office, Monday (06/21/2010).

Anny said that figure represents the total remuneration that is not given because their employees are subject to sanctions or measures. Money was not immediately returned to the state treasury. The calculation will be done at the time of closing.

Previously, the DGT M Tjiptardjo said the number of funds that were returned remuneration ranging between Rp 3.5 billion. The fund is the result of punishment in the form of withholding of remuneration of 400 employees who are known to breach until May 2010.

“House of Representatives Commission VI Working Committee agreed to set up competitiveness in order to overcome the competition,” said a member of the House of Representatives Commission VI Idris Laena in Senayan, Jakarta, Monday (21/06/2010). Panja new competitiveness of Indonesian products will work after the recess member of the board.

When asked what would become the focus of this competitiveness Panja, Idris said the problem constraints and break what should be done to boost the competitiveness of Indonesia. “Sure to be done in a comprehensive manner, what our constraints, infrastructure, why do we assess our readiness is very slow. Please terobossan-breakthrough,” said Idris Laena.

According to Idris, the results of this Working Committee will make a recommendation for cross-sectoral. “It could be later developed. Possible joint meeting between the cross there,” said Idris.

- Finance Ministry data showed the country had a surplus of USD 60.3 trillion by the end the first half of 2010.

According to ministry records as of June 15, 2010, obtained from the realization of surplus state revenues and grants amounted to Rp 386.7 trillion and state expenditures amounted to Rp 326.3 trillion. This was conveyed by the Director General of State Treasury in the ministries Heri Purnomo, Monday (06/21/2010).

Figures obtained from the realization of this surplus revenue amounted to 38.97 percent and government spending still amounted to 28.9 percent. Compared to the percentage last year, a surplus of only Rp 11.7 trillion from the realization of revenue and grants amounted to 38 percent and state spending by 31.9 percent. “So in terms of actual nominal bigger though because the ceiling of his presentation smaller larger now,” he said.

New domestic revenues realized by 39 percent or Rp 386.5 trillion and grants amounting to 88 percent or USD 167.3 billion. Meanwhile, Heri said the realization of state expenditure has reached Rp 326.3 trillion.

Some of them were PT Harvestindo Asset Management, PT Lautandhana Investment Management, PT Manulife Asset Management Indonesia, PT Nusadana Asset Management and PT Recapital Asset Management.

As is known, the government plans to raise the minimum capital limit for fund managers this year. The aim is to increase the capacity of investment manager in managing the funds of investors who increasingly swollen. The government still will provide a time limit for fund managers to boost their capital until the coming December 2011.

Here’s a list of 24 Mini’s capital:

1. PT. Nusantara Anugra Asset Management
2. PT. Capital Batasa
3. PT. Dongsuh Investment Management
4. PT. AM Asset Management
5. PT. Harvestindo Asset Management
6. PT. Intru Nusantara
7. PT. Insight Investment Management
8. PT. Finas Jisawi
9. PT. Lautandhana Investment Management
10. PT. Manulife Asset Management Indonesia
11. PT. Minna
12. PT. Natpac Asset Management
13. PT. Net Assets Management
14. PT. Nusadana Asset Management
15. PT. Optima Investama
16. PT. Pacific Capital Investment
17. PT. Pavilion Capital
18. PT. Peak Capital
19. PT. Prime Capital
20. PT. Prospera Asset Management
21. PT. Recapital Asset Management
22. PT. Reliance Asset Management
23. PT. Synergy Asset Management
24. PT. TDM Asset Management