Richest countries to give at least prosentual development assistance. Since, the amount taken from the national gross income that can make a difference.

“This 0.7 percent of Europe promised to be disbursed in 2015. It can make big changes. Maybe Europe will keep its promise, but the promise was uttered so often the question arises, what will they do, whether they are serious, and whether they will deliver , “said Jeffrey Sachs.

U.S. economist Jeffrey Sachs has long been a business adviser to the UN millennium development goals. He was not tired emphasized very small number was 0.7 percent, which is seven cents from 10 Euros or Dollars will be worth.

Currently there are five European countries who not only achieve the target, but also exceeded, the Swedish, Danish, Dutch and Luxembourg. Ireland almost to the 0.7 percent target. Meanwhile, some EU countries are still far below the 0.5 per cent. United States and Japan also has yet to reach 0.3 percent. With the global financial crisis, seems to achieve the millennium development goals even further.

The problem is not only the number, but especially how the funds were distributed, thus emphasized the deputy leader of the Institute of Political Studies German Development DIE, Imme Scholz. He said, “The third aspect is the development can not be bought like that. Merpuakan This is also our experience that can lalkukan after 40 years, that provides money and knowledge is not enough, if it can not entrust the partners in developing countries who have motivation and be strategic.”

Because if it is not only measured by money, research institutions or the Global Development Center publish CGD index of international development cooperation based on the study.

There are seven factors that measure, namely direct development assistance, trade, investment, migration, environment, security and technology. In a report this CGD research institutions, state-advanced economies ranked in the bottom ten.

Germany, for example, was in 12th position with France and England. Plusnya value investing primarily in third world countries, the political environment component of development and readiness to accept humanitarian refugees.

The value is a barrier minusnya agricultural products imported from third world countries, lack of involvement in international peace missions and the low level of technology transfer.

England, in the field of investment and political environment, was also in good enough position. But the UK is ranked low in the field of technology transfer and political refugees. Especially because arms exports to countries such undemocratic Pakistan and Saudi Arabia.

France is also experiencing similar problems. This country is the world’s largest exporter of supplying weapons to totalitarian states. In general, according to the report, the countries G-7, or the richest countries of the world, get a bad grade.

“Saudi Arabia to continue efforts to achieve stability in the international oil market. Increased investment to boost production and refining capacity,” said Finance Minister Ibrahim Al-Assaf in a speech today in front of a business delegation that includes Minister of China.

Saudis began to increase oil production and refining business which cost U.S. $ 100 billion to meet rising demand in Asia. The kingdom is pushing crude oil production capacity to 12.5 million barrels per day in June last year.

China Minister Chen Deming and Al-Assaf said in a news conference in Riyadh yesterday that the two countries plan to increase trade and investment.

Saudi Basic Industries Corp., the largest chemical producers in the world, and China Petroleum & Chemical Corp. will start production at a chemical plant in Tianjin in the first quarter I to meet demand in China.

Saudi Aramco, the state-owned oil company, also held talks with China Petroleum for a stake in the company’s Qingdao refinery with a capacity of 200,000 barrels per day in Shandong province, said CEO Khalid Al-Falih in November.

Car all-wheel-drive is claimed to offer the first high performance thanks to the new V8 turbo engine capacity of 4400 cc that could generate power for 55 df at 6000 rpm spin.

“The latest BMW X5 M is for individuals who like challenges and performance-oriented, have high self appreciation of success achieved and only want to have the best in innovation and design,” said Ramesh Divyanathan, President Director of PT BMW Indonesia on the sidelines of the opening BMW Studio at Plaza Indonesia today.

The new BMW X5 will be available at the BMW showroom started in May 2010. This vehicle takes only 4.5 seconds to accelerate to the speed of 100 kilometers per hour.

Meanwhile, BMW Indonesia hook Eko Nugroho, one of Indonesia’s young artists to appreciate strength, aggressiveness and the BMW X5 M energy into his art. BMW X5 M-white color as integrated into the mural Eko Nugroho is spread from wall to the floor Studio BMW.

Appearance quality artwork in the public arena is intended to encourage public appreciation of the higher of the modern contemporary art of Indonesia.

“We are pleased to display the latest BMW X5 M cooperation with Eko Nugroho. The BMW Group has over 30 years of collaboration with the contemporary art world, including the collection of BMW Art Cars are highly appreciated in the world,” said Ramesh.

TA Finance Marketing Manager said Vishnu Kusumawardhana financing trends continue to rise this year. In late November, the financing has reached Rp3, 9 trillion this year so that the target Rp3 trillion, equivalent to 24,000 units was exceeded.

“With the conditions this year were expected to be closed in a number Rp4 trillion, equivalent to 30,000 units,” he told Bisnis.com, this weekend.

TA Finance before raising new loans in the target this year to Rp3, 7 trillion from the previous Rp3, 1 trillion in anticipation of an upward trend towards the financing of Lebaran, although in the first half of this year slightly corrected financing.

Last year, a new financing joint venture (JV) between PT Astra International Tbk and Toyota Financial Services Corporation in Japan reached 27,000 units, equivalent to Rp3, 5 trillion, much higher than the 2007 level was 17,000 units or Rp2 trillion.

Vishnu said that next year the vehicle financing prospects remain positive so optimistic with the business side multifinance funding especially from the side, too safe.

According to Bloomberg sources, note the U.S. dollar-denominated debt that will be set based on the size or number. Benchmarks are usually worth at least U.S. $ 500 million.

Government explore global bonds worth U.S. $ 3 billion to U.S. $ 4 billion to finance its 2010 budget. Bond yield was estimated at 2.2% and 2.54% higher than debt securities with the same period published by the U.S. Treasury Department (U.S. Treasury).

Government of the Philippines and Turkey jointly issued dollar bonds worth U.S. $ 3.5 billion. Besides Indonesia, the government of Vietnam, Russia and Poland is also preparing the sale of dollar bonds in order to reap the benefits of debt reduction in borrowing costs in the U.S..

In the last week, the Philippine government bond yields set for 5.67%. Bonds that mature in 2020 were ranked BB-, as Indonesia dollar bonds. International debt rating agency Moody’s Investors Service earlier this week with a Ba2 rating to stable outlook for the global debt securities RI medium term.

The same debt ratings given when the government issued a letter RI RI debt worth U.S. $ 3 billion in February 2009, while Fitch Ratings provides ratings BB. Both are two levels below investment level. Instead, Standard & Poors rated BB-, three levels below investment level, which is equivalent to ranking Turkish acquisition.

A finance ministry official said the government has appointed Barclays Capital Plc, Citigroup Inc. and Credit Suisse Group AG as an underwriter of global bonds plan this RI.

Deputy Minister of Agriculture Krisnamurthi in Jakarta on Monday said, rice and sugar is a strategic food commodities for a country that entered the category Special Product (SP) which is allowed by the World Trade Organization (WTO).

“Therefore, the government will make policies that protect these commodities,” he said.

Alluding to other agricultural commodities, Bayu said, for plantation products do not need to worry because Indonesia is still far superior to China.

Plantation products of Indonesia, he added, even made it into the country such as crude palm oil (CPO), coffee, tea, rubber, and even processed products such as rubber tires and cramps.

In fact, he continued, the balance of Indonesia-China trade in the plantation sector during the last four years shows positive growth which is up from 800 million U.S. dollars to 2.4 billion U.S. dollars.

“Therefore do not really worry about CAFTA could even be a chance of our products into China,” he said.

However, he admitted, for the national horticultural products still need to be improved its competitiveness.

Meanwhile, to make protection against the entry of similar products from other countries, the government will implement a policy of non-tariff barriers with the instrument Sanitary and phytosanitary (SPS), food security, and biodiversity Kehalalan.

According to the Minister of Agriculture Suswono the CAFTA deal could increase exports specialized in exotic products or that exist only in Indonesia and not in another country.

“Including the plantation product exports such as palm oil seed, cocoa, rubber, is encouraged so that they could buy the optimum,” he said. He suggests, for fruit products like orange have a competitiveness improvement in the country.

“The challenge of this type of goods that must be evaluated whether or not we may increase or dnilai added competitiveness,” he said.

If it is not possible increased competitiveness, he added, it’s better not jump it but sejanis product better diverted to other commodities.

The Company stated that the reason for failure to pay financial performance and decrease in shrimp ponds have a virus, so CPRO Company Secretary Albert Sebastian in disclosure of information, Monday.

Decreased performance and a virus that attacks the mine was owned by Blue Ocean shrimp are expected, so the company had done, including cleaning, sanitation pond cultivation and water treatment facilities.

Blue Ocean has preached the global bond issue worth 325 million U.S. dollars on June 28, 2007.

These bonds will mature next June 28, 2012 and determined rates 11 percent per year, while the interest coupon payment every year on June 28 and December 28.

The Company failed to pay interest on the bonds for the date December 28, 2009 for 17.9 million U.S. dollars so the rating agency Fitch downgraded the bond rating from CC to C

Fitch’s rating also concerned about the inability of the company to pay interest on bonds.

As Trade Minister Marie Elka Pangestu, including the glass industry in the early influx of Customs FTA is still 25 percent who then fell to only 5 per cent and is expected to be able effectively to zero percent.

“There’s glass producers start FTA time, entrance fees 25 percent, last year was 5 percent. If it’s on schedule this year should be zero percent,” said Minister in the office of the Department of Commerce, Jalan Ridwan Rais, Jakarta, Friday (8 / 1).

Besides the use of import duties, enforcement of this FTA also been exploited for many industries to issue Certificate of origin (SKA) for imported products. However, he was not sure how SKA is already published.

Industries that have been published including CPO SKA, Cocoa, there are some manufactured products, and garments. “Later we’ll make a proper explanation of the numbers right, hopefully there are some exporters who export to China will share her story. I try to plan next week,” he concluded.

This was revealed by Senior Deputy Governor and Acting Governor of BI Nasution Nasution in Jakarta, Friday (8 / 1). According to him, the Central Bank was bound by the global agreements that can not just limit foreign ownership in Indonesian banks. However, bank regulators have the authority to limit operations in foreign banks.

“If it (the problem of ownership) we have bindings (tied) in the WTO’s so-diutik not utik. It’s more on how to open a branch, how the operations area. It means we can not also deny that we had agreed at the WTO.’s Name for people angry, will be considered a promise, “said Nasution.

However, Nasution admitted keberpihakannya on foreign bank ownership restrictions. One of them by encouraging smaller banks to merge with other national banks. This is to prevent the acquisition or annexation by foreign banks. In addition, the Bank plans to give leeway in terms of minimum capital ownership have been the drivers of a small number of banks falling into foreign banks.

“Ensure, Shanghai exchanges will beat Hong Kong (Hang Seng) in 2010 as the center of the world’s largest IPO,” said Terence Ho from Ernst & Young yesterday.

He predicted, the number of IPO firms in the stock Shanghai China in 2010 reached $ 55, 7 billion. While in Hong Kong predicted USD44, 7 billion. The 2009 Hong Kong is still the center of the largest IPO in the amount of $ 30 billion.

While Shanghai is only $ 27, 3 billion. Ho said, the amount of interest in the Shanghai IPO to make its status as a world financial center increases. Shanghai dominance over Hong Kong’s only a matter of time.

Sooner or later, Shanghai will take a share of the IPO in Hong Kong. Moreover, the Government of China intends to make yuan exchange rate more flexible to changes in the currency of other countries.

“Internationalization of yuan could threaten Hong Kong because of foreign capital can flow into the Hang Seng. Global fund managers also will increase the percentage of their investment into Mainland China, “added Ho.

Currently China is implementing reform and improvement of capital markets. Some of the new rules issued, including stock index trading, margin trading (margin trading), and short sale (short selling).

Shanghai Stock Exchange also is preparing an international board, which allows foreign companies conducting an IPO in Mainland China. HSBC and the New York Stock Exchange (NYSE) Euronext will be the first stock listed on a stock exchange board of Shanghai. However, Ho admitted if in the short term benefits of Hong Kong is still the attention of international investors.

“In the short term, Shanghai Hong Kong pursue difficult in terms of transparency and liquidity. At present, Hong Kong filled with millions of international investors while Shanghai was filled with domestic investors, “he said.

Ho added, internationalization yuan could become a bridge for China investors to invest into global financial markets. This is a new opportunity for Hong Kong to attract investors to invest in Mainland China Hang Seng.

Critics Quality Analyst Hong Kong IPO

The success of Hong Kong stock exchange for IPOs attract $ 30 billion in 2010 received criticism from analysts. Authority considered sacrificing quality stock to increase the quantity.

One criticism is the securities regulatory approvals and the futures of Hong Kong (SFC) of the IPO $ 2, 6 billion from aluminum giant UC Rusal.SFC set a minimum investment of $ 130 thousand for Rusal to protect small investors.

“It is surprising when SFC approved the Rusal IPO. Rusal’s companies are losing money. I rate the stock and SCF ignores the problem of quality, “said Director of Center for Corporate Governance and Financial Policy of Hong Kong Baptist University Raymond Chan.

Rusal argued SFC is committed to fulfill several requirements, including a positive balance. So, despite not pass the test as a profitable company still allowed Rusal IPO. “Rusal agreed to apply the openness as the main thing and are committed to support a quality market,” SFC spokesman said.

Chang evaluate this policy will be staking his reputation of Hong Kong stock exchange. “Recording of shares in Hong Kong may be associated with low quality,” said Chan.

Concern over the issue of the number of Mainland companies that perform below the standard of openness in 2009 also appeared. “We have a lot of companies below the standard, look at the IPO record of last year,” added Chan.

Several cases of temporary suspension of trading in shares (suspend) Asian Citrus, the plantation companies in Mainland China. Asian Citrus Executive has announced the value of the company. Next, China is doing Zhongwang Holdings IPO more than $ 1 billion in April 2009.

Mainland China Manufacturers of aluminum is one of a prospectus and hiding military relations with China. Last week, claimed to have corrected Zhongwang mistake after hire Ernst & Young.

Then, the case of China the stock price declines Metal Recycling nearly 50 percent. This case prompted the resignation statement of the company’s chief financial officer.

The official could not be withdrawn because the company’s financial data access. Chan said that Hong Kong is a place best IPO companies Mainland China because the rules are more lax than exchanges in other countries, especially compared with Western countries and the United States (U.S.). “We must raise standards to match with other exchanges,” he said.

To overcome it, SFC rules change. SFC focus on corporate directors for the accuracy of information disclosure. But, critics of this effort continues to exist. Especially, lack of rigidity of the rules of the quarterly report.

“Currently, almost all exchanges in Asia requires a good quarterly report,” said David Webb, an independent investor. Webb criticized several parties desire to facilitate the IPO process. “Some people think the easier the better IPO. If so, why not trade on eBay because there is not no rules at all, “he added.