Indonesia To Benefit From Japan's Restructuring Process

Indonesia is all set to benefit from Japan's restructuring process after the latter was hit by a tsunami and earthquake in March this year.

Indonesia's Trade Minister, Dr. Mari Elka Pangestu said Japan is currently restructuring its whole production network in certain sectors, namely, the electronic and automotive sectors as well as green technology, green products and agriculture products.

"With Indonesia's large market size and labour force, it is timely for us to capitalise on the opportunity.

"The move also comes at the right time as we are now rapidly involved in growing our technology capacity skills, Mari told BERNAMA, here today.

She added that the Japanese government is in the final stage of announcing the reconstruction projects, after a special committee had submitted a proposal to the latter's policy makers.

"ASEAN nations, other than major economies such as China, have a big role to play," she said on the sidelines of the business dialogue between ASEAN Economic Ministers, Japan's Ministry of Economy, Trade and Industry (METI) and the Federation of Japanese Chambers of Commerce and Industry in Asean (FJCCIA) which ended here today. Source: Bernama

Indonesia 2011 Exports Growth May Top 20% On Average -Minister

Indonesia's 2011 exports may grow more than 20% on- year on average if there is no sharp downturn in the global economy, the Southeast Asian nation's trade minister said on Saturday.

"It looks like it could be higher than 20%. Our target is 12% to 16%. If you look at up to May it is still growing at above 20%," Mari Elka Pangestu told Dow Jones Newswires in an interview.

She, however, said there were some concerns over growth slowing down in China and India, adding, "if that happens, then, of course, the second half of the year may not look as good. Commodity prices are also a bit soft."

In May, the country's exports, which were boosted by global commodity demand, rose to an all-time high of $18.33 billion, up 45.3% from a year earlier. Exports stood at $16.52 billion in April. The country's imports reached $14.83 billion in May, slightly lower than $14.89 billion in the previous month.

The minister said that, apart from the high global commodity demand and prices, the country's exports were also being supported by relocation of many labor-intensive production facilities from other countries to Indonesia, as the manufacturers seek to benefit from the lower wages in the country.

"What used to be exported from China, some of it now is being exported from Indonesia because of the relocation of a number of labor-intensive production [ facilities], such as footwear and garments," Pangestu said.

The country has also been in favor when it comes to foreign direct investments. With the economy expanding at more then 6% a year recently, Indonesia has attracted billions in investment.

In 2010, the company was a benefactor of investments of $16.2 billion, Pangestu said, adding that the FDI is expected to grow 9% this year.

She said Indonesia is an attractive market for consumer and retail sectors due to its large population. "We are trying to develop a lot of infrastructure, and it is a growing market," she said.

Indonesia, which is the world's biggest palm oil producer, is also looking to change how it taxes its palm oil products as it seeks to grow its downstream industry. The country currently sets a progressive tax system on the commodity based on price movements on the international market.

The minister said that the government has finalized changes to the crude palm oil export tax system, which will include a higher duty on exports of crude palm oil than on refined palm oil products.

"It will continue to be progressive. What we would hope should happen is that it is a signal that we would like to see more processing being done in Indonesia," Pangestu said, declining to provide details on the changes to the tax structure. Source: Nasdaq

Saham-saham yang dominan dibeli asing, 8 Juli 2011

Saham-saham yang dominan dibeli asing, Jumat 8 Juli 2011.

Kode saham                        Volume                      Jual                   Beli

ADMG	27,005,000	15,000	8,396,500
ADRO	35,780,500	3,741,500	22,989,000
AISA	3,018,000	0	225,000
AMFG	827,500	0	182,500
APLN	10,192,500	441,500	5,991,000
ASII	3,630,000	2,017,000	3,001,500
ASRI	142,362,500	18,982,500	52,319,500
AUTO	6,363,000	25,000	1,280,000
BBKP	7,212,500	125,000	1,721,500
BBRI	28,555,500	11,662,000	12,261,000
BBTN	55,135,500	3,572,500	21,880,500
BDMN	10,252,500	1,678,000	3,751,000
BISI	17,303,000	352,000	915,000
BMRI	66,126,500	5,021,500	48,607,000
BMTR	25,444,500	642,500	3,337,500
BNBR	135,856,500	100,000	26,322,500
BNGA	2,166,500	0	134,500
BNII	225,500	0	103,000
BNLI	592,000	0	106,500
BORN	39,067,500	4,372,000	9,010,000
BSDE	11,369,000	1,846,500	4,718,000
BTEL	979,500	0	205,500
BTPN	916,500	41,000	361,500
BUDI	9,556,500	4,313,000	5,071,500
CPIN	12,195,500	778,500	6,221,000
CTRA	9,614,500	3,516,000	4,978,000
CTRS	1,126,500	0	1,000,000
DOID	41,704,500	2,923,500	15,686,500
ELTY	68,449,000	292,000	21,574,000
EMDE	3,820,000	50,500	2,000,000
ENRG	97,755,000	68,500	36,141,500
EPMT	260,500	0	123,000
FISH	224,000	0	175,000
GGRM	1,633,000	527,500	1,003,500
GJTL	9,121,500	3,563,500	3,734,000
GZCO	5,779,500	0	105,000
HRUM	3,129,000	753,500	2,387,500
ICBP	4,264,500	2,034,500	3,239,000
IGAR	13,762,500	25,000	300,000
IMAS	14,588,000	1,946,000	7,835,500
INCO	13,630,000	2,642,000	3,345,000
INDF	12,043,000	5,136,500	5,304,000
INDS	4,475,000	112,500	118,000
INDY	14,554,500	3,757,500	3,923,000
INKP	3,054,500	0	146,000
INTA	39,690,000	160,000	1,825,000
INVS	393,500	226,500	393,500
IPOL	57,273,000	0	2,500,000
ISAT	1,576,500	558,000	755,000
ITMG	5,552,500	296,500	2,073,500
JAWA	8,370,500	0	971,000
JPFA	4,756,000	0	1,004,000
JSMR	13,109,500	1,827,000	5,172,500
KAEF	44,193,000	0	37,500
KIJA	54,103,500	1,500,000	3,250,000
KLBF	19,482,000	5,974,000	8,443,000
KRAS	38,765,000	3,089,500	4,760,500
MAPI	2,690,000	375,000	1,096,500
MEDC	2,352,000	0	78,000
MICE	18,636,000	112,500	1,477,500
MIDI	205,000	0	152,500
MLPL	62,216,000	50,000	5,000,000
MNCN	49,140,000	14,855,500	20,565,000
MYOR	127,500	16,000	90,500
PANS	1,810,500	0	1,472,000
PBRX	12,592,500	75,000	896,000
POLY	4,708,000	0	250,000
PTBA	5,156,000	448,000	954,500
PWON	5,667,500	0	500,000
SGRO	14,443,500	66,500	2,311,500
SMCB	3,435,000	8,000	1,389,500
SMRA	6,471,000	2,146,500	5,379,500
SMSM	3,386,000	0	1,250,000
TBIG	1,856,500	650,000	1,125,000
TINS	44,473,000	7,025,000	24,726,500
TLKM	8,939,500	2,922,500	5,251,000
TOWR	77,500	66,500	77,500
TURI	5,096,000	0	75,000
UNSP	44,399,500	0	5,168,500
UNVR	1,581,500	142,500	487,500
WIKA	3,292,000	0	1,221,500
WINS	8,966,500	256,000	7,000,000