Business conditions in the I quarter-quarter 2009 decreased compared to IV-2008. This can be seen from the tendency Index Business (ITB)-I quarter of 2009 decreased from 102.19 a 96.91 in the quarter I-2008.

This is said by the Head of BPS (Badan Pusat Statistik) Rusman Heriawan in a press meet in his office, Jakarta, Jumat (15/5/2009).

"Industry is happy in the financial sector is industry, because if the foreign sector is experiencing a sharp decline, the financial sector in Indonesia is still a record high profit," he said.

Most of the economic sector has decreased the value of the index sectors except electricity, gas, and water index 105.38; the financial sector, leasing and services company that index 107.88, and the services sector index is 102.96.

On the processing industry experienced a decline in business with the most sharp-index value of 89.86.

"The prospects for business in the quarter-II in 2009, seen from the estimated index of 98.35, which means that in general business conditions in the quarter will still decline," said Rusman.

Rusman said most of the economic sector in the quarter-II in 2009 is estimated to decrease sectors except mining and extraction; sector electricity, gas and water supply and services sector. "Sector is estimated to decrease is the largest business processing industry," his him.

Indonesia immediately set countries' Paradise 'tax or tax haven. Every country has the criteria for the determination of the tax haven country.

"We are preparing a list of countries which enter into a tax haven category. In time we will no longer publish the regulations. Act actually ordered," said Director General of Taxes Darmin Nasution at the Ministry of Finance Building, Jakarta, Friday (24/4/2009).

Darmin add criteria tax haven countries likely will be published in the Regulations of the Finance Minister, while the list will be determined through the Director General of the decision. Criteria defined at this time Indonesia different possibilities with the criteria specified tax haven country.

"The criteria may vary between one country to another country. It makes the country a set charge 50% or less of their country, then he will be a tax haven. There is also a 60%. China is not one of the 30%, Japan and Korea does not use percentages but he says if Dairi less 50% tax charge is a haven, "Darmin dust.

Indonesia now is considering to use the percentage or rate. Law on tax already set about the problem, but do not have the details.

"Income Tax Act we are not wide enough to give space to what we can we will set more if the country signed in tax haven. One of the Act says that we have concerning the sale and purchase shares, and so forth. The issue is now developing more from a sale and purchase of ownership shares of the company, "said Darmin.

Darmin added, countries or tax haven tax haven near the play-rate tax rate with the surrounding countries.

"It certainly bears the loss not only receipt of revenues in some cases but also economic activities. For the state around that does not follow-follow-up. Yes the tax haven is created for the purpose of interesting activities and funds to countries that deliberately in the design specifically for that," explain again.

OECD has been previously released countries that enter into tax havens blacklist. Neighboring countries Indonesia, Malaysia and the Philippines, including in the black list. Other countries who enter into a tax haven blacklist OECD are: Costa Rica and Uruguay. OECD point these countries do not respect international regulations concerning taxation.

Announcement of the banking sector stabilization plan by the U.S. Menkeu Timothy Geithner disappointing investors. They are now hunting up to the U.S. dollar and yen, which is considered as the most secure investment. Regional currencies also fell.

Geitner has announced the financial system stabilization program including U.S. $ 500 billion to absorb assets jammed. Also, efforts to increase consumer credit, restrictions on home foreclosure and provide capital for new banks.

"But that step in the forex market is considered to disappoint investors, the lack of detail and they are skeptical about the effectiveness of involving the private sector," said Kathy Lien, analyst from Global Forex Trading as quoted from the AFP, Wednesday (11/2/2009).

On the trade market in Singapore, U.S. dollars are recorded menguat on a number of regional currencies and the euro. Euro single currency was declining to 1.2873 dollars from 1.2910 in the position previously. While the yen also be hunting. U.S. dollar was weakened to 90.35 yen, from 90.44 yen in the previous. The rupiah was also weakened to 11,850 per U.S. dollar.

Deputy Governor Budi Mulya said, the currency in the emerging markets including the rupiah is now currently experiencing impairment.

"Today is when we see the currency not only in emerging rupiah, it's all a jitter bearish. Because what happens in the United States. Seoptimis market is not be a stimulus to the rescue of the value of U.S. $ 838 billion will be approved. But associated with the recovery package the financial sector, which is not yet clear kejelasannya details, so the market thinks there is another so that flight to quality, "Budi dust in the parliament building.

Top dollar is weakening, as usual, BI will always be asserted in the market and seek to minimize volatilitas.

"BI is always there. The BI is always in the market, and minimize volatilitas find that this is because the business and calculation," pungkas Budi.

Announcement of the banking sector stabilization plan by the U.S. Menkeu Timothy Geithner disappointing investors. They are now hunting up to the U.S. dollar and yen, which is considered as the most secure investment. Regional currencies also fell.

Geitner has announced the financial system stabilization program including U.S. $ 500 billion to absorb assets jammed. Also, efforts to increase consumer credit, restrictions on home foreclosure and provide capital for new banks.

"But that step in the forex market is considered to disappoint investors, the lack of detail and they are skeptical about the effectiveness of involving the private sector," said Kathy Lien, analyst from Global Forex Trading as quoted from the AFP, Wednesday (11/2/2009).

On the trade market in Singapore, U.S. dollars are recorded menguat on a number of regional currencies and the euro. Euro single currency was declining to 1.2873 dollars from 1.2910 in the position previously. While the yen also be hunting. U.S. dollar was weakened to 90.35 yen, from 90.44 yen in the previous. The rupiah was also weakened to 11,850 per U.S. dollar.

Deputy Governor Budi Mulya said, the currency in the emerging markets including the rupiah is now currently experiencing impairment.

"Today is when we see the currency not only in emerging rupiah, it's all a jitter bearish. Because what happens in the United States. Seoptimis market is not be a stimulus to the rescue of the value of U.S. $ 838 billion will be approved. But associated with the recovery package the financial sector, which is not yet clear kejelasannya details, so the market thinks there is another so that flight to quality, "Budi dust in the parliament building.

Top dollar is weakening, as usual, BI will always be asserted in the market and seek to minimize volatilitas.

"BI is always there. The BI is always in the market, and minimize volatilitas find that this is because the business and calculation," pungkas Budi.

Shares closed down again in the global red zone today, Nikkei -4.92% (Japanese bond rose to the highest level since September), Hang Seng -3.37% (a concern to investors, HSBC operations, the dividend will be reduced and the need for injections fresh funds), and Strait Times -3.25%. 

A lot of sentiment that the stock looks spiritless today as the decline in oil prices, Australia's unemployment data, sales machine Japan retail sales and the sluggish U.S.. 

JCI own closed weakened 43 points to 1343 levels (-3.13%) with a trading value of Rp 1.46 trillion. Consumer sector (+0.26%) is the only sector which both closed, while the mining sector (-4.53%) and infrastructure (-4.68%) are the two sectors that contribute most to the drop in the index. 

Since the establishment of the first session, the index is always in the red zone. Reopened until the transaction is also the second trading session, the index is not a lot of changes, indek had touched the highest level in 1358. AMRT (Alfa Mart), which just opened this week listing in the level and Rp400 level had increased to Rp 420, but the closing session on the second level in the closed Rp395 (stagnant). 

BUMI While yesterday was a record trading value of Rp 925 billion closed again weakened auto rejection level to 425 with trading value of Rp 57 billion. Some blue chip stocks closed good today is UNVR (+1.87%), PNBN (+1.75%), and LPKR (+1.2%).

Until the end of 2009, BI rate can be predicted until the level of 7 to 7.5% in the middle of a decrease in inflation due to a decrease in various commodity prices and oil prices. 

This is said by the head of Danareksa Research Purbaya Yudhi sadewa in the event one day seminar "Economic Outlook Banking & Property: In the Middle Heavy Global Financial Crisis" at Menara BTN, Jakarta, Wednesday (14/1/2009). 

"At present we do not need to fear inflation because the price of fuel is down, food down, a lot of rice, so this year's inflation can be 6% or slightly lower," he said. 

The government in 2009 estimated the rate of inflation will be down 6.2% from 11.06% inflation in 2008. Meanwhile, Bank Indonesia's inflation rate is estimated at 6 plus minus 1% in 2009. 

"Theoretically with inflation such BI Rate can go down to 7-7,5% level. If they (BI) BI Rate can dare 7% if they do not dare to be 7.5%," he said. 

In addition, for economic growth in 2009 is still able to reach 5% or are in the government's target range of 4,5-5%. 

"If the stimulus can be run well and the interest rate can be pressed to lower the 5% economic growth is not something difficult to achieve. So it is good both for the economic impact," his him.

The decline BI Rate still should be able to continue until the level of 7.5%. This is following the trend in almost all the world who troop down the interest rate reference. 
  
This is said in the Knowledge Sharing Aviliania PT Permodalan Nasional Madani with the theme of Economic Up date View Over 2008 - Outlook 2009, Impact and Strategies for MSMEs and Cooperatives, in Arthaloka Building, Jalan Jenderal Sudirman, Jakarta, Friday (9/1/2009) . 
  
"If other countries the interest rate central banks even have a zero per cent. The other countries sharia while we are still capitalist. So, BI is still possible BI Rate down 7.5 percent," said Aviliani. 
  
According Aviliani, economic conditions, social, political and Indonesia at this time to support the decline in BI Rate to 7.5% level. Especially for the political situation, India can be relatively better than other Asian countries. 

"From Indonesia's most politically secure than other countries such as Malaysia, Taiwan and Filiphina. Banking is also safer because we do not have the bailout," said Independent BRI this. 
  
Meanwhile, Commissioner of PT PNM Hermanto Siregar also states fall BI Rate 50 basis to be 8.75% is still far from ideal. Hermanto expectations even lower again, that is 7%. 

"Ideally, and 7 percent actually penurunannya already started in October 2008 revealed that for the sudden will not influence," said vice-Rector of this IPB. 
  
Hermanto add to the BI rate 7%, and a number one digit inflation, he is optimistic the economic growth can be targeted to what the government this year is 5%. 

"Projected growth of 5.5% still can still be achieved," he said. 
  
Achievement, the supplement should also be supported Hermanto consumption growth 5.4% and 3.4% investment. "And imports are lower than export," he said