Cempaka Business and Economy: Exports may plunge 28% this year: BI

"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. …”

Saturday, March 21, 2009

Exports may plunge 28% this year: BI

Aditya Suharmoko, The Jakarta Post, Jakarta | Fri, 03/20/2009 1:11 PM

The central bank on Thursday painted a bleak picture of the country's economy, forecasting non-oil and gas exports to plunge by as much as 28 percent this year, as the world economy dives into negative growth for the first time since World War II.

Bank Indonesia deputy governor Hartadi A. Sarwono said overseas trade was likely to contract by between 25 and 28 percent this year due to a "combination of the world economic slowdown and falling commodity prices".

The release of the figure is the first by a high-ranking official.

The World Bank has said world trade was expected to fall at the fastest rate in 80 years. According to the Central Statistics Agency (BPS), Indonesia's exports in January contracted by 36 percent from a year earlier, the steepest since 1986.

Exports began their decline in October 2008, the BPS said.

The country notched up total exports, including of oil and gas, of US$136.76 billion in 2008 - almost 20 percent higher than the $114.1 billion recorded the previous year.

BI also estimates imports of non-oil and gas products to plunge by between 24 and 27 percent this year. Most local exporters import goods as capital to produce more value-added export goods.

Hartadi forecast the country would sustain a current account deficit this year of around 0.5 percent of GDP, or about $2.54 billion.

Indonesia banked a current account surplus of $600 million last year overall. The highest surplus of $2.6 billion was recorded during the first quarter of last year, before falling into deficit of $1.5 billion for the first time in three years during the second quarter due to soaring imports of oil and fuel.

The International Monetary Fund has said the world economy may experience negative growth of between 0.5 and 1.5 percent this year. BI expects Indonesia's economy to expand by 4 percent this year.

As export and foreign investment inflow prospects waver, Indonesia is increasingly dependent on domestic consumption to fuel the economy, which last year drove 70 percent of the economy. Exports usually account for 20 percent, mostly from the commodities, textile, footwear, furniture and forestry businesses.

Analysts have warned the government to immediately help offset the decline in exports by boosting local demand to absorb the excess products, particularly from the textile and footwear industries.

Between October and March, the Indonesian Employers' Association (Apindo) recorded 237,500 workers nationwide had been laid off.

The government has said Rp 12.2 trillion ($1.02 billion) of the total Rp 73.3 trillion economic stimulus package will be channeled by March for infrastructure projects to help drive the economy.

"Macroeconomic policies, fiscal stimulus and loose monetary policy are all important to support the growth in domestic demand," Hartadi said.

Cempaka Business and Economy

Pages

Saturday, March 21, 2009

Exports may plunge 28% this year: BI

No comments:

The Jakarta Post: Review/Outlook 2010