Economy grows 6.3 percent from 2011 to 2013

The World Bank projected the economic growth of developing countries will experience a slowdown from 7.3 percent in 2010 to average around 6.3 percent in the period 2011-2013.

Based on World Bank report "Global Economic Prospects" June 2011 edition received here on Friday, noted that developing countries should focus on at this time to overcome challenges such as achieving balanced growth.

According to the report, how to achieve balanced growth through structural reforms, among others, cope with inflationary pressures, and the face of rising commodity prices.

Consistent with the projections of developing countries, a group of high-income countries are also expected to experience economic growth rate is slowing, from 2.7 percent in 2010 to 2.2 percent in 2011, then 2.7 percent in 2012, and 2 , 6 percent in 2013.

Multilateral financial institutions was also stated, there are many developing countries whose economy is operating above capacity so that the risk of "overheating", especially those in Asia and Latin America.

While inflation in developing countries reported nearly 7 per cent yoy in March 2011, while inflation in high-income countries have also touched the figure of 2.8 percent in April 2011.

The increase in inflation the highest found in East Asia, Middle East and North Africa region.

The World Bank also warned that rising oil prices and shortages of food production due to bad weather also contributed to soaring food prices.

The price surge is also considered to have negative consequences for the poor who spend most of their income for food.

As already reported, the Bank Indonesia (BI) believes there is still potential for Indonesia's economy to grow higher than expected if the various constraints in the economy can be identified properly and find a way out.

"With the support of adequate infrastructure, good transportation-related infrastructure such as roads, ports, and airports, as well as those related to the availability of energy for businesses, we are of the view that economic growth in Indonesia in 2012 could be higher than the range of 6.1 to 6 , 6 per cent, "said Nasution Governor of Bank Indonesia in Jakarta, Thursday (9 / 6).

According to him, Indonesia's economy predicted to continue to improve thanks to the impetus is maintained macroeconomic stability, with economic growth expected to be at the upper limit of the range of 6.0 to 6.5 percent in 2011 and increased by 6.1 to 6.6 percent in 2012. 

economic growth target of Indonesia in 2011

The government revised its economic growth target of Indonesia in 2011. In discussions with Commission XI of the House of Representatives (DPR), the Minister of Finance Agus Martowardojo deliver economic growth target to 6.4 percent. This revision was up 0.1 percent compared to the original proposal that only 6.3 percent.

"We convey, upon discussions between the government and Bank Indonesia to revise our economic growth for 2011 was 6.4 percent," said Agus Marto in the capitol, Jakarta, Tuesday, September 21, 2010.

Through the statement, according to Agus, automatically upon the financial memorandum and the draft State Budget (Draft Budget) 2011 which has been submitted to Parliament revised.

With the rise in economic growth targets, the government is committed to constantly be aware of global conditions and the trade balance and balance of payments.

Not only economic growth, other macroeconomic assumptions are revised from Rp9.300 rupiah per U.S. dollar converted into Rp9.250 per U.S. dollar. Similarly to the tax ratio (tax ratio) also rose 0.05 percent to 12.05 percent. The increase is in line with the revision of economic growth.

Meanwhile, inflation remained at 5.3 percent, the interest rate of Bank Indonesia Certificates (SBI) 3 months was 6.5 percent, oil prices Indonesia (Indonesia Crude Price / ICP) U.S. $ 80 per barrel and for the lifting of 970 thousand barrels per day .

According to Agus, the draft 2011 budget law, the government and the Parliament agreed to include a target of poverty and unemployment as a measure of achievement to be achieved the government.

"Next year, a target of poverty and unemployment that has been there in the Government Work Plan (Work Plan of the Government) will be a clause of the state budget completely.'ll Be discussed at the Budget Agency," said Agus.

Government's target for next year's poverty level will be lowered to 11.5 to 12.5 percent and 7 percent unemployment.

Broadban Push the ASEAN Economic Growth

Development of broadband infrastructure network for information communication and telecommunication (ICT) will be assessed quickly to encourage economic development and social sectors in the ASEAN region.

"Various studies prove, not economically broadband service is limited to tax revenues for the state, but also capable of stimulating economic growth," said President Director of XL Axiata Page Husnul Suhaimi here on Monday.

Citing McKinsey, Husnul said every 10 percent increase in broadband penetration will increase the GDP of a country of about 0.6-0.7 percent.

"Every increase of 10 percent broadband penetration will also increase worker productivity by 1.5 percent in five years," he said.

In front of a seminar titled "Reinventing ASEAN? s Potential: with permission from the New Opportunities" - Axiata 8th ASEAN Leadership Forum, he said that the availability of broadband services will facilitate the connectivity of ASEAN.

"Broadband can overcome the obstacles of transportation to remote areas in the realization of development in rural areas," said Hasnul.

For that Hasnul stressed the need for synergy antarpelaku telecommunications industry and government support in implementing the service useful, inter alia cooperation "network sharing" such as towers, backhaul, and fixed networks to minimize costs.

Why Management Trainee needed?

History of the World Insurance Management Trainee

PT. And PT Asuransi Bintang. ReINDO and PT. Asuransi Ramayana can be regarded as the first insurance perusanaan using this pattern. Special to the Ramayana, this pattern only used for one generation. In 1995 the Ramayana recruit 16 MT are currently 2 people from among them has reached the position of Ka. Div. and most of them have reached the position of Manager. In contrast to the Ramayana, Star has reached XX ReINDO force or who already has three armed MT. PT. Asuransi Central Asia have also begun using this pattern.

Why Management Trainee needed?

Unlike the other employees of the Management Trainees usually must undergo the rotation period. The length varies, there are six months and there is one year. During this period the trainees will be rotated to all the existing sections. In every part of their learning and usually at the end of the period they have to make reports and recommendations of what they think could be improved in that section. Views of the MT is usually more objective because they have not long telibat and has no interest what - what about what they propose.

But really the problem or its importance is much greater than that. Like what was raised by Munir Sjamsoedin (former Managing Director of PT. ReINDO and currently Managing Director of PT. TPI) wishes to recruit employees with MT pattern arises because of the desire for a change in work pattern and level of knowledge, toward a better course.

More specifically for employees who market oriented, efficient, and with extensive knowledge of insurance and the employee with this type must be obtained in quick time.