Borobudur Travel Mart held

Magelang (The Car Insurance Info) Regional Tourism Promotion Agency (BPPD) of Central Java is working with the Tourism culture of the province of Central Java Borobudur will hold back Travel Mart 2013 in Magelang.

"In October 2012, Borobudur Travel Mart and Expo was also held at Magelang. For 2013, the event will be held on 14-16 June 2013, "said Committee Chairman Borobudur Travel Mart 2013, Sugeng Sugiantoro in Magelang, Tuesday.

He said the activities of Borobudur Travel Mart (BTM) was performed to facilitate the merging of the perpetrators "travel agent" from home and abroad to establish and develop business partners with the vendors and tourism actors from Central Java.

He said, those activities in conjunction with the implementation of Borobudur International Festival (BIF) focuses on the complex of Borobudur Temple.

"Typically, BTM was held in October. However, this year in conjunction with the implementation of the BIF and also in order to support the implementation of the program "Visit Jateng Year 2013 ', BTM was carried out in June," he said.

According to him, its implementation this year there is no BTM agenda expo, due to the implementation of the expo is held in conjunction with the BIF in the Borobudur Temple. Whereas the implementation of the travel mart will be held at Clover Hall Grand Hotel Artos Aerowisata & Covenntion.

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FUEL up inflation 2013 more 5.5 percent

Mahendra Siregar (INTERMEDIATE PICTURES)

I believe inflation is unlikely to be sustained, 2013 at 4.9 percent. Least equal to 5.5 per cent, or even could be even higher, "

Jakarta (The Car Insurance Info) rising prices of subsidized FUEL to be realized in the near future are valued increasingly fueled high rates of inflation, so that the inflation target by 2013 are defined in the STATE BUDGET amounted to 4.9 percent certainly exceeded.

"I believe inflation is unlikely to be sustained, 2013 at 4.9 percent. Least equal to 5.5 per cent, or even could be even higher, "said Deputy Finance Minister Mahendra Siregar, after following the Deliberation of national development planning (Musrenbangnas) in 2013, Bidakara, Jakarta, on Tuesday.

According to Mahendra, subsidized FUEL price increase will be one of the triggers inflation, in addition to its direct impact can also be mengerek food commodity prices.

"The contribution of food commodities still big against inflation that would proclaimed April 2013 BPS on this week," said Mahendra.

BPS recorded, inflation until March 2013 already amounting to 2.43 percent, the major cause of high inflation in three months this is the prices of food products.

In addition, diutarakannya Commerce holtikulutura which has not been much improvement was also a factor triggering inflation.

However Mahendra expects, the increase in the subsidized fuel prices did not last long because there is the certainty of its realization.

Fuel price hike will have a direct impact on inflation from June (if the increase was realized in may, red).

"But at least there has been the certainty of fuel price hike. Because if not, the rate of inflation will be added the uncertainty itself. Inflation plus the uncertainty, "said Mahendra.

Known to the Government in the policy of FUEL subsidy reduction policy persisted on option one price under $ 6,500 per liter.

As for the rise in fuel price subsidies will be done after the STATE BUDGET assignments Change with Parliament, that 2013 is expected to finish in May.

Related to that, the Government is already preparing other forms of compensation that will be submitted to the Parliament, namely the direct assistance while Community (BLSM) in the form of cash, transfer rice to poor, scholarships are awarded in cash, and family expectations program (PKH).

The Government also provides assistance to communities that were issued by the Ministry and local governments, as well as help the market cheaply by STATE-OWNED ENTERPRISES and the private sector.
(R017/B012)

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FUEL price increase after direct assistance ready

Jakarta (The Car Insurance Info) President Susilo Bambang Yudhoyono's declared policy of raising the price of subsidized fuel oil will apply after the grant directly to the public is ready.

"The rise in fuel prices is carried out after the grant to the community is not capable of ready. This requires the approval of PARLIAMENT, "said Presidency in twitternya account @SBYudhoyono in Jakarta Tuesday afternoon.

The head of State said it hoped PARLIAMENT immediately approved the aid in may 2013.

"I hope the House of representatives approved the proposal in may 2013 Governments so that immediate relief to the community have been available," he said.

Earlier, when opening Musrenbangnas in Jakarta on Tuesday morning, the President said the reduction in subsidies through policies to raise subsidized fuel prices expected to secure the fiscal and BUDGET.

The President said the Government will impose a new subsidized fuel prices policy after 2013 RAPBN-P which contained the budget for direct assistance and compensation for the poor is approved by PARLIAMENT.

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Garuda Indonesia tunda rute Medan-Pekanbaru

AppId is over the quota PT Garuda Indonesia (Persero) Tbk. (AFP/special)

... too many flights that flew on the same route and ticket price too low ... "

Pekanbaru, Riau (The Car Insurance Info)-a Garuda Indonesia plans to open flights Medan – Pekanbaru round trip one time per day, from the originally announced starting May 1, 2013."Put on hold due to be completed by the management, "said General Manager of Garuda Indonesia Branch Office Pekanbaru, Riphath Suyatno, in Soweto, Tuesday.

He asserted, these routes diterbangi aircraft Bombardier CRJ 1000 Next Generation which has the capacity of 96 people, consisting of 12 business class seats and 94 economy class seats.

It has not been able to ensure the opening of the new route, as it still must wait for notification from management at the head office in Jakarta.

"Don't know when to open the door, but still will fly. From the Centre was pushed back and there is no reason to be exact. No on 1 may, it could be may 5 or may 10 and may 15, "he said.

Previously the airline Sky Aviation official closing flights Medan – Pekanbaru round-trip accounting since April 21, due to not being able to compete for business with other airlines.

"The reason we closed the route because too many flights that fly on the same routes and ticket prices are too low," said Director of operations Sky Aviation, Alamsyah Sinulingga.

Now route Medan – Pekanbaru has served four airlines, Sriwijaya Air, Lion Air, Indonesia AirAsia and Mandala Airlines each fly once every day.

(M046/T007)

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Hong Kong stocks closed up 0,69%

Hong Kong (The Car Insurance Info) Hong Kong Stock Exchange ended 0,69 percent higher on Tuesday, following a record close on Wall Street and as dealers welcomed news that the Government in Italy had formed put an end to months of political deadlock.

Reference index Hang Seng rose 156,24 points to close at 22.737.01 with transaction value of 52,44 billion Hong Kong dollar (6,77 billion u.s. dollars).

While the Shanghai Stock Exchange closed for a public holiday, according to AFP.
(A026/B012) Editor: Ruslan Burhani

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Index BEI kembeli translucent highest level new

Brokers watched the movement of the Composite share price Index (IHSG) at BNI Securities in Jakarta, Monday (4/2/1). (Photo Of/Yudhi Mahatma)

Jakarta (The Car Insurance Info)- shares in Indonesia stock exchange on Tuesday closed higher trading and pushed the composite stock price index closed up is at the highest level.

JCI BEI closed up 34,32 points or 0,68 percent to 5.034 07?, while index 45 auctions (LQ45) rose 8.69 points (1.01 percent) to 857,12.

"JCI BEI closed higher boosted by the performance of issuers 1 quarter of 2013," said Panin Securities analyst, Purwoko Tsing in Jakarta on Tuesday.

According to the JCI movement, BEI Purwoko also influenced the positive sentiment in U.S. markets, where the S&P 500 index also scored highest on record as home sales data and the belief that the Fed will continue to provide stimulus to reduce unemployment in the us.

The upcoming FOMC meeting, the Fed is expected to renew the commitment of a purchase loan letter along with not relative indicators and trends of growth of the US economy.

HD Capital analysts Yuganur Wijanarko added the increase in stock exchange of the Asia encourage JCI BEI back strengthened though still overshadowed the action take profit.

Trading yesterday doubled the frequency of 160.245 transactions, with the volume reaching 6,35 billion shares valued at Rp8,03 billion.

Regional exchanges, such as the Hang Seng index rose 156,24 points (0,69 per cent) to 22.737.01, the Nikkei-225 dropped 23, 27 points (0.17 percent) to,86, and the top-level 13.860 Straits Times rose 6.26 points (0,19%) to 3,375, 18.

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Kemenkeu expect the deficit below the three percent

Deputy Finance Minister Mahendra Siregar (INTERMEDIATE PICTURES)

Do not let more than 1.5 percent, if more than that so too thin with a limit of three percent, and pose a risk of its own, "

Jakarta (The Car Insurance Info)-Vice Finance Minister Mahendra Siregar expects budget deficit maintained under three percent of GDP to the fiscal risks of excess energy subsidies and spending on social assistance is not too high.

"Do not let more than 1.5 percent, if more than that so too thin with a limit of three percent, and pose a risk of its own," he said moments after the Musrenbangnas event are found in Jakarta on Tuesday.

Mahendra said the Government soon filed a REVISED due to changes in assumptions macro that does not match the current conditions as well as possible additional compensation due to the subsidized FUEL price hike plans.

For that, he expects the STATE BUDGET can anticipate changes related to FUEL policy and macroeconomic indicators distinction, without endangering the budget deficit as well as pose a risk.

"We've been anticipating the existence of this policy, but the longer we obtain that decision may give rise to risks and uncertainties," he said.

Mahendra added the issue of excess consumption of FUEL has caused negative impact on fiscal health so that an effort to keep budget deficit according to the LAW to be able to maintain economic stability.

"Uncertainty can give impact and confidence to keep fiscal, so we should be able to maintain economic stability," he said.

Government in the STATE BUDGET deficit is a budget of the 2013 set 1.65 percent of GDP or amounting to Rp153,3 trillion, but if there is an excess of energy subsidy spending, the deficit is expected to reach 2.4 percent of GDP.

In the submission of BUDGET changes in 2013, increasing budget deficit is expected to widen because the Government must compensate social assistance to poor communities affected by the increase in subsidized fuel prices.

The new Government would raise subsidized fuel prices, when the poor get adequate social assistance in the form of direct assistance while community, so that poverty levels not further widened.

(S034/S025)

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