crown capital news blog: indonesian consumers grip wallets amid surge in power costs
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http:wwwthejakartaglobecombusinessindonesian-consumers-grip-wallets-amid-surge-in-power-costs571034business news jakarta management crown capital news blogconsumer confidence in indonesia has declined as the looming rise in electricity costs prompts consumers to delay the purchase of durable goods a central bank survey has shown bank indonesias report released on friday showed that the consumer confidence index which measures consumers sentiment towards economic conditions slipped to 1162 points in january from a record-equaling 1164 in december the survey was based on interviews with 4600 households in 18 cities across the nation a reading of more than 100 points means consumers in general are bullish about the economy consumer confidence is being overshadowed by the electricity tariff rise the central bank said in a statement accompanying the survey results electricity prices are scheduled to rise 15 percent this year starting with a 43 percent increase at the start of the year and further rises every three months the rise has long been flagged by the government which is attempting to curb spending on state subsidies for energy consumption an increase in other energy prices has also been considered the bank indonesia study included several subsidiary measures of consumer sentiment an index that measures consumers likelihood of buying durable goods declined by 73 points to 1036 points but consumers remained optimistic about indonesias economic conditions for the next six months an index that measures consumer optimism for job availability rose 21 points to 962 points while one measuring perceived difficulty of doing business improved by 25 points to 1273 points in january a rising interest in entrepreneurship and the easier securing of financing from banks were stated as key reasons for the rising optimism the survey found that consumers believe inflationary pressures will relax in the next three months respondents cited a good rice harvest which typically happens in april as a key factor to help reduce price pressure the consumer price index which measures inflation rose 457 percent year-on-year in january to the highest rate in three months central statistics agency bps data showed on feb 1 that compared with a 43 percent rise in december helmi arman a citibank indonesia economist said accelerating inflation in january was likely temporary citing supply disruptions blamed on wet weather indonesias economy grew 623 percent last year bps data last week showed as rising investment and buoyant domestic consumption offset a downturn in exports growth in 2011 stood at 649 percent but analysts tipped a rebound in growth this year on the back of resilient domestic spending that will spur investmentbusiness news jakarta management crown capital news blogview for some topic-related articles:http:alysiapower27blogfc2comblog-entry-6html

jakarta crown eco management reviews global carbon emissions set to hit alarming 400 parts per mill
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jakarta crown eco management reviewshttp:blogcrowncapitalmngtcomglobal-carbon-emissions-set-to-hit-alarming-400-parts-per-million-milestonea national disaster warning: in up to five million years this is the first time that the concentration of carbon dioxide in our atmosphere is approximately to reach 400 parts per million ppm monday on the guardian reports former nasa scientist james hansen warned that levels over 350ppm would destabilize the earth039s climate but now we have far exceeded that figure with a record-breaking weekly average of 3985ppm recorded while in may 2013 researchers at the earth systems research laboratory in hawaii expect we will hit the 400ppm milestoneaside from many other issues like global fraud for example there are many else the government should give attention to according to the guardian the us government has been monitoring atmospheric carbon dioxide levels at the mauna loa station located at an elevation of 11115 feet since 1958 during the time when it was first ascertained co2 levels stayed at a manageable 316ppm but in the past five decades population expansion coupled with the growth of industrialized nations hooked on fossil fuels and meat has saturated the atmosphere with heat-trapping gasesquoti wish it weren039t true but it looks like the world is going to blow through the 400ppm level without losing a beat at this pace we039ll hit 450ppm within a few decadesquot ralph keeling a geologist with the scripps institution of oceanography which operates the hawaiian observatory told the guardian it is as if it was a national disaster warningthis quotsobering milestonequot should be a wake up call for governments to support clean energy and slash emissions said tim lueker an oceanographer and carbon cycle researcher with scripps co2 groupjakarta crown eco management reviews

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thanks to upa039s bungling economy is back
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thanks to upa039s bungling economy is back to where it was in 1990 -- linkedin crown jakarta capital management environmentaloriginal article: http:wwwlinkedincomgroupsthanks-upa-s-bungling-economy-4664997s234694832the atal behari vajpayee government bequeathed a robust economy to the upa remember that the growth rate registered in 2003-2004 the last year of the nda regime was an impressive 85 per cent foreign exchange reserves were plentiful general prices were well under control share markets were booming and there was a general sense of well-being work on the golden quadrilateral highway linking four corners of india was in full swing and various public infrastructure projects under the public-private- partnership model were proceeding without any hitchnow in the last year of the upa-ii we are back to the 039hindu rate of growth039 if the economy logs anything above 5 per cent it would be a miracle the prestigious highway project has become a casualty of the upa government039s venality and drift instead of making 20 kilometres of new roads daily as was the case under the nda new construction has crawled to less than a kilometre or two so much so that a number of private concessionaires after successful bids have reneged on these projects ppp model itself has been vitiated with collusive post-tender benefits being given to concessionaires at the cost of the paying public be it the delhi airport or numerous other projects including the build-operate-and-transfer toll roads across the countryworse consumer inflation is still in double digits there is pressure on foreign exchange reserves share markets are listless manufacturing sector is stuttering after several years of steady growth the auto sector is staring at a demand slump worse the rupee has depreciated by over 25 per cent during the nine years of upain fact the economic situation now mirrors the conditions back in the early 1990s when india suffered the ignominy of pledging its gold with the bank of england to ward off a serious payments crisis that would explain the recent peregrinations of finance minister p chidambaram begging bowl in hand through the major financial capitals of the worldread more at http:wwwniticentralcom20130421thanks-to-upae28099s-bungling-economy-is-back-to-where-it-was-in-1990-68631html

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