Cempaka Business and Economy: Indonesia Urged to Focus on Local Bonds

"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. …”

Sunday, May 02, 2010

Indonesia Urged to Focus on Local Bonds

Jakarta Globe, Faisal Maliki Baskoro & Bloomberg, May 02, 2010

With the crisis in Europe roiling global markets, analysts believe the government should postpone inter national bond issues to cover the budget deficit and instead raise funds in the strong domestic capital markets.

“It is in the best interest for the government to delay sales until global economic conditions become normal again,” Purbaya Yudhi Sadewa, chief economist at state-run Danareksa Research Institute, told the Jakarta Globe on Sunday.

On Friday, Bloomberg reported that the government had delayed a planned sale of 100 billion yen ($1.1 billion) of Samurai bonds scheduled for June, according people familiar with the matter. The sources said a meeting with potential investors set for this month had also been postponed.

Purbaya said Greece’s debt disaster likely prompted the delay. Under such conditions, issuers in emerging nations such as Indonesia could be forced to offer higher yields, making it more expensive to access funding overseas.

“That would cause the government to pay more” for financing, he said.

With the nation still experiencing a surge in capital inflows, there is perfect momentum to issue domestic bonds, he said.

Foreign inflows have helped make Indonesia’s currency, stocks and bonds Asia’s best performers in the past 12 months.

Helmi Arman, an economist at PT Bank Danamon, said that judging from the current domestic market performance, issuing local bonds was more favorable than selling debt overseas. But he stressed that a Samurai bond sale would still be needed this year “to provide diversification of financing sources.”

Indonesia has been selling debt overseas to help cover its 2010 budget deficit, forecast at 2.1 percent of gross domestic product, or Rp 129.8 trillion ($14.4 billion). Through February, the government has met 24.5 percent of its bond issuance target of Rp 233.6 trillion on the back of strong foreign demand for the nation’s high-yielding assets.

Foreign holdings of Indonesian bonds have risen 38 percent this year to Rp 148.5 trillion, according to Finance Ministry data.

In February, the government canceled plans for the country’s first sale of euro debt because there was little appetite from investors amid Europe’s debt problems.

Over the weekend, the government of Greece agreed to a 120 billion euro ($160 billion) bailout package from the European Union and the International Monetary Fund to rescue the nation from its soaring public debt.

Cempaka Business and Economy

Pages

Sunday, May 02, 2010

Indonesia Urged to Focus on Local Bonds

No comments:

The Jakarta Post: Review/Outlook 2010