Cempaka Business and Economy: Indonesia GDP May Top Target on India, China Demand

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, December 11, 2007

Indonesia GDP May Top Target on India, China Demand

By Arijit Ghosh and Aloysius Unditu

Dec. 11 (Bloomberg) -- Indonesia expects economic growth to surpass its target for 2008 as rising demand from India and China shields the Southeast Asian nation and its neighbors from a U.S. slowdown.

``We are aiming for higher than 6.8 percent,'' Finance Minister Sri Mulyani Indrawati said in an interview in Jakarta, referring to the government's forecast for next year's expansion. ``India and China will be quite strong in actually pulling growth in the region.''

Indonesia's economy, Southeast Asia's largest, is expanding at the fastest pace since a regional financial crisis of 1997-98 amid soaring prices for palm oil, coal and other commodities demanded by India and China. Exports to China are growing four times quicker than Indonesian sales in the U.S.

``We have seen that trend,'' said Aldian Taloputra, an economist at PT Mandiri Sekuritas. ``Indonesia's exports to other countries in the region, especially China, are increasing, which will reduce the impact of a recession in the U.S.''

India and China, the world's two largest buyers of palm oil, have helped push up prices and earnings of Indonesian producers of the vegetable oil.

Third-quarter profit at PT Astra Agro Lestari, Indonesia's biggest publicly traded agriculture company, almost tripled to a record 603.34 billion rupiah ($65 million) on higher palm oil prices. The company sold 46 percent of its palm oil to India in the first 10 months of the year.

Power Plants

China, the world's largest user and producer of coal, will be a net importer of 18 million metric tons in 2008, UBS AG said in a report on Dec. 6, pushing up prices of the energy and helping miners in Indonesia, which is the biggest exporter of coal used in power plants.

Still, the U.S. is Indonesia's second-largest export market. Companies in the world's biggest economy have purchased $9.4 billion of Indonesian non-oil products in 2007. China has bought $5.43 billion.

Japan, which purchased $11.3 billion of Indonesian products and is the Southeast Asian nation's No. 1 market, is being affected by slowing U.S. demand.

Japan's third-quarter expansion was slower than the government initially reported, the latest evidence that growth is losing steam because of a slump in domestic housing construction and waning U.S. demand.

U.S. Slowdown

U.S. President George W. Bush's economic advisers on Nov. 29 reduced their outlook for U.S. economic growth in 2008 to 2.7 percent from the 3.1 percent they forecast in June, reflecting turmoil in the credit markets and housing.

``There is definitely going to be some effect,'' said Prakriti Sofat, an economist at HSBC Holdings Plc in Singapore, who expects Indonesia's growth to slow to 5.5 percent next year. ``It depends on the makeup of the country's GDP basket.''

Indonesia's gross domestic product expanded 6.5 percent in the third quarter from a year earlier, the fastest pace since 1997, spurred by bumper harvests and rising sales of cars, motorcycles and homes. Growth in 2006 was 5.5 percent.

Sri Mulyani in the Dec. 7 interview said Indonesia will need to be ``vigilant'' in the second half of 2008 as the effect of a U.S. slowdown may spread. The government will attempt to boost growth by spending on public work projects and easing rules to attract investment.

Roads, Ports

Indonesia's government, which plans to spend 100 trillion rupiah ($10.8 billion) on building roads, ports and other infrastructure projects, expects local consumption to also help boost growth. The government forecasts private consumption to accelerate to about 7 percent next year from 5.3 percent in the third quarter.

Rising oil prices may also affect growth in Indonesia, which caps gasoline prices for consumers. Oil prices are up 45 percent from a year ago. The record was $99.29 on Nov. 21. The government expects to spend more than 100 trillion rupiah in subsidizing fuel in 2008.

Designing an appropriate fuel-subsidy policy ``is a struggle,'' Sri Mulyani said. ``It's prone to the ups and down of the oil price which is not within our control.''

(*) Above Picture: Sri Mulyani Indrawati, Indonesia's minister of finance, speaks during an interview in Jakarta, Dec. 7, 2007. Photographer: Dimas Ardian/Bloomberg News

To contact the reporters on this story: Arijit Ghosh in Jakarta at aghosh@bloomberg.net ; Aloysius Unditu in Jakarta at aunditu@bloomberg.net

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Tuesday, December 11, 2007

Indonesia GDP May Top Target on India, China Demand

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