Crude Oil Price Up

Although not large, the price of crude oil in the close of trading on the New York Mercantile Exchange, recorded increases. In earlier days, crude oil prices soared due to reduced concerns over Greece as well as signs of requests could increase energy in the United States.

New York's main contract, light sweet crude or West Texas Intermediate (WTI) for August delivery rose 65 cents to the position of U.S. $ 95.42 U.S. per barrel. Brent North Sea crude oil for August delivery rose eight cents to U.S. $ 112.48 role in late trading in London after being shot up U.S. $ 3.62 U.S..

The main impetus came from the rise in oil prices which confirms the Greek parliament to choose the state savings program. This option allows to draw more money from the International Monetary Fund and the European Union and avoid default on debt or default that could destroy the financial system of Europe.

The market was also encouraged that the report showed Chicago-area businesses, including the automotive industry has soared during the June poll by corporate purchasing managers. In the midst of a lot of recent bad news about the U.S. economy, the report as a bright sign of strength that can lead to stronger oil consumption.

Analyst Research Vibiz Vibiz Consulting estimates of crude oil price movements tend to be influenced by the fundamental conditions of demand and supply sides. Meanwhile, global economic conditions in general will also play an important role in determining the price movement of this commodity. Prices are still going to move up the range of U.S. $ 90 - U.S. $ 97 per barrel.

1:23 PM | 0 comments | Read More

Yingluck Shinawatra, Businessman Success in World Politics

All eyes are now focused on the female figure from the land of flawless white elephant. She was named Yingluck Shinawatra, who will carve the history of Thailand, as the first woman who will become the new Prime Minister in the country.

For the people of the country the White Elephant, Yingluck name is familiar. He was quite a successful businessman, who then set foot into politics, following in the footsteps succeed his brother, former Prime Minister Thaksin Shinawatra, who was dropped by a military coup a few years ago. Yingluck (43) becomes the number one candidate for the opposition party, Pheu Thai or "For Thai", the party founded among others by his brother, Abhisit.

Yingluck previously did not have much experience in politics and government, because it is too much criticism and skepticism directed at him. Its main activity is business. He served as Managing Director of Advanced Info Service (AIS), Thailand's largest telecommunications company, founded his brother, as well as Managing Director of SC Asset Company, a family company in the property.

1:13 PM | 0 comments | Read More

Agenda Increase Agricultural Products

National Week of Contact Farmers and Fishermen Mainstay formulated five important agenda to improve agricultural product.
"Penas in Kutai yesterday, we agreed to do five steps to improve agricultural productivity such as access to capital and the improvement in the distribution of fertilizer," said Chairman of Farmers and Fishermen Contact Mainstay .

He continued, that the continuation of the trading system in agricultural production, reduce loss of crops and continue to increase the yield potential of agriculture is next three resolutions.

"Adaptation to climate change was the most difficult and troubling farmers," he continued.

According to him, the Ministry of Agriculture has also pledged improve the effectiveness of some programs that have been done.

"Insurance failed harvest reached 70 percent and investasi Rural Agribusiness Development given to the Joint Farmers Group for the provision of grants worth Rp100 million" lid end the conversation.

For information,Kukar held in late June. The event was attended by thousands of farmers.

12:45 PM | 0 comments | Read More

Rupiah Rose,declining foreign tourism visits

With so many international events which took place in Indonesia this year, making Indonesia a more reliable, but on the other hand will also affect the number of foreign tourist arrivals (tourists) who predicted it will be reduced.

Statistics Director of Finance, Technology, Information and Tourism Connecticut "Lumaksono Adi said" the reduced number of foreign tourists coming into the country due to the appreciation of the rupiah against the U.S. dollar (U.S.).

"With the appreciation of the rupiah (against the U.S. dollar) will hit the competitiveness of domestic tourism," he explained when contacted in Jakarta last weekend.

He added that the target of 7.7 million people "wisaman" visit to Indonesia is not expected to be achieved. However, the number "Wisman who come will still be larger than last year that is equal to seven million people. "It ranged from 7.2 to 7.3 million foreign tourists," he added.

Adi explained this year the exchange rate can be in the range of Rp8.500 per USD, not just exports that get hit but will have an impact on Wisman, because unlike last year where the exchange rate reached Rp9.500 per USD.

"Tourists are also becoming more expensive when they had to go to Indonesia, due to the increased value of the rupiah," he explained.

Conversely, the strengthening of the rupiah will actually increase the visits of tourists from Indonesia to other countries. "Many travelers in the country who go out, the increase reaches 15 percent," he said.

According to Adi with the achievement until the month of May be hard for the government to boost the arrival of foreign tourists to Indonesia reached the target. "Maybe there should be an effort that is not an instant to overcome this problem, such as opening NTB airports with large capacity, because during this time that the airport can not accommodate large-bodied aircraft," he said.

Adi also added if the number of visits in July is expected to be larger and will be a peak this year. "Because in Europe there had entered the summer, so July will be a lot of tourists coming in," he said.

As reported earlier, the Central Statistics Agency (BPS) recorded the number of tourist arrivals (tourists) who came to Indonesia during May 2011 as many as 6002 people. The increase in foreign tourists in the month of May 2011 edged up 0.03 percent compared to May 2010.

As for foreign tourists coming to Indonesia, most still come to Bali through Bali's Ngurah Rai airport. January to May 2011 the number of foreign tourists visiting Bali through Bali's Ngurah Rai airport as many as 1 million people rose 5.93 percent over the same period in 2010 approximately 944 thousand people.

In addition to Bali, foreign tourists also go through some of the main door of the airport such as Soekarno-Hatta airport, Polonia, Sultan Sharif Kasim II, Sepinggan, Juanda, Husein Sastranegara and Batam.

However, the number of tourists who enter through the Soekarno Hatta airport has decreased. During the period January-May 2011 the number of tourists coming from this airport as many as 746,332 people, down 4.28 percent from the same period in 2010 as many as 779 722 people.

12:43 AM | 0 comments | Read More