Posts Tagged ‘Trade’
PT Bank DBS Indonesia (DBSI) business recorded revenues of General Trade Services (GTS) rose 20.16 percent to Rp132, 7 billion.
GTS business income by 20.16 percent from Rp110, 47 billion in the first half of 2010 to Rp132, 7 billion in the first half of this year.
He explained, among other achievements are the result of DBS strategy is dotted heavily on maximizing opportunities in the commodities sector.
DBS Trade Clients can enjoy the great benefits of various trade finance products that accommodate the needs of DBS domestic and international calls, including Letters of Credit (L / C), Trust Receipts (TR), Accounts Payable Financing, Structured Trade Financing and Accounts Receivable services financing.
Meanwhile, treasury and markets business is also growing Read the rest of this entry »
Gold prices continue to rise would not reduce demand for precious metals, especially from key markets, namely China and India. During the second quarter of 2011, world gold demand has decreased over the high price.
World Gold Council or the World Gold Council, which is an industry body noted that global demand gold for the second quarter was 919.8 tonnes, down 17% from 1107 tonnes in the same period last year.
WGC asserts, demand for gold is still ‘healthy’, particularly for jewelry, although there is a decline in demand, which had stabilized after a major investment in the last 12 months gold exchange traded funds.
Although demand-side down, but in terms of value, the period of the second quarter of the second-highest recorded value of U.S. $ 44.5 billion. The highest value is printed quarterly by the fourth quarter of 2011 and U.S. $ 44.7 billion. Read the rest of this entry »
After continued to flare throughout the week, the stock indices on Wall Street the U.S. finally put an end to trade on the weekend with a positive after the appearance of a signal that the stock selloff will end.
In trading Friday (08/12/2011), the volume of stock trading is very thin compared to previous days, due to downgrades because of debt the U.S. is entangled.
Still, the stock market decline this week, and all three this week Wall Street suffered the worst decline since March 2009.
The only hope for investors today is market saturation with a sell and it will stabilizing the index after a massive selloff.
Read the rest of this entry »
Wall Street again hit by a big selloff triggered by fears the crisis will spread to France. The stock market was hit by rumors about the fiscal health of French banks.
Get rumors French Investors and banks have the greatest possible reduction in rank, like the United States. Rumor is directly made European stock markets slumped and transmitted to the U.S..
Re-runs very volatile trading in a very large trading volumes. For the fifth consecutive day, the Dow Jones industrial in the range of up to 400 points.
Concerns about the strength of banks including Societe Generale in France has sparked a big selloff of stocks in Europe and the U.S.. Rumors about the health of SocGen’s financial condition, though has been denied, making the French bank’s shares fell 14.7%.
In trading Wednesday (10/08/2011), the Dow Jones industrial average closed down 519.83 points slump (4.62%) to a level of 10719.94. The broader Standard & Poor’s 500 index also fell 51.77 points (4.42%) to a level of 1120.76 and Nasdaq slid 101.47 points (4.09%) to a level of 2381.05.
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Indonesia’s foreign trade performance monitored showed a good performance where one of them is shown by the positive developments in non-oil exports by destination country of Thailand.
Report of the Central Bureau of Statistics (BPS), the most recent released in July, showed that the value of exports in May reached a value of 368.8 million U.S. Dollar.
Meanwhile in the previous month to the country’s exports amounted to 351.7 million U.S. Dollar.
Thus the export performance for the period increased by 17.1 million U.S. dollars, or about + 4.86%.
Thailand Baht movement showed a trend to strengthen against the Euro since last July.
As for the Thai Baht on this day pullback observed around – 0:39% against the rupiah currency in forex trading today. Read the rest of this entry »
Poor constraints that include employees in foreign languages, especially English, inadequate local infrastructure, and lack of support from local governments to foreign investors.
It was raised by members of the Executive Board of PT. ETA Ben Härtlein in Bayern’s Asia Pacific Forum (FAPB) to 10 in Nürnberg recently.
FAPB attended by about 500 participants coming from the fields of economics, politics and science. Indonesian delegation headed by Deputy Trade Minister Mahendra Siregar, Indonesia was accompanied by Deputy Minister of Transportation Indonesia Bambang Susantono, Ambassador of Indonesia Eddy Protomo Berlin, Frankfurt Consulate General Indonesia Damos Dumoli Agusman and Head of Bank Indonesia Representative Office in London Ediana Rae. Meanwhile, businessmen from Indonesia in representing KADIN Indonesia, PT. Multistrada Directions Facilities Limited (industrial tires), PT. Cocoa (cocoa industry), and PT. Galih Ayom Paramesti (auto components industry). Read the rest of this entry »
It appears that gold prices continue to soar amid concern the Greek debt crisis. Black current oil prices approaching USD1.609, 51 per ounce.
When averaged, the price of gold until the middle of this year reached USD1.510 per ounce.
As anticipated, gold prices rose approximately one per cent on Friday (22/07/2011), as a result of Greece’s debt crisis and there is no precise agreement on the situation.
Gold drew strength from the European loan plan and nervousness of investors, whether all this can be solved for real? Read the rest of this entry »
Composite Stock Price Index (CSPI) is still hard to get out of regional markets despite the negative pressure showed a slight improvement compared to the opening session this morning.
JCI, Monday (07/11/2011) session I fell 6.92 points, or 0.17 percent, to 3996.77. LQ45 Index DOWN 1.81 points to 709.09, Jakarta Islamic Index (JII) fell 1.9 points to 550.62.
The volume of trade to this day was recorded at 2.129 billion shares valued at Rp1, 982 trillion. A total of 67 stocks advanced, 146 stocks fell, and 80 stocks unchanged prices. Foreign investors still take action to buy with net buying amounting to Rp51, 536 billion.
Asian stocks still continue weakness until this afternoon. Hang Seng Index fell 200.96 points, or still 0.88 percent to 22,525.47, the Nikkei 225 index slid 71.69 points, or 0.71 percent to 10,066.04 and the Straits Times index fell 22.02 points, or 0.7 percent to 3129.26. Read the rest of this entry »
Wall Street end higher after experiencing successive pressure for 3 consecutive days. Strengthening banking stocks after the exit of the minimum capital rules could push the stock index into positive territory.
Positive signs of the Greek crisis for approving the debt restructuring plan also provides a positive sentiment. But investors are not fully believe the strengthening will continue.
Strengthening that occurred on Monday earlier this week is a good sign, but investors still cautious in reading the movement. As is known, the S & P 500 has fallen by 7% since April and this time the trade volume was still thin, below average.
In trading Monday (6/27/2011), the Dow Jones closed up 108.98 points (0.91%) to a level of 12043.56. The broader Standard & Poor’s 500 rose 11.65 points (0.92%) to a level of 1280.10 and the Nasdaq gained 35.39 points (1.33%) to a level of 2688.28.
The transaction is still quiet trading, with trading volume on the New York Stock Exchange only as much as 6 billion shares, below the daily average of 7.57 billion shares.
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Asian stock markets trade is still negative observed this Friday, a decrease of six consecutive days. Chinese trade data released SURPLUS $ 13.05 Billion.
Japan’s stock market jumped more than 1 percent, taking cues from Wall Street shares rise, although market participants remain skeptical. The Nikkei rose 1.3 percent was observed to be 9588.29 briefly rose above the limit of 9600 for the first time in more than a week. ; Topix climbed 1.1 percent to 822.17.
Shares; Hitachi, which makes products ranging from washing machines to nuclear reactors fell 0.4 percent after net profit forecast estimates that less than 200 billion yen ($ 2.5 billion) this year to a record profit of 238.9 billion in the year ended in March.
Seoul stock market was little changed following the central bank’s decision to raise interest rates 25 basis points after stable over the past two months, Read the rest of this entry »