Ciputra, The low percentage pity Entrepreneur in Indonesia

Ciputra

NUSA DUA - Founder of Ciputra Group, Ir. Ciputra, deplored the low percentage of entrepreneurs in Indonesia. Currently the percentage of new entrepreneurs in the country reached 0.18 percent.

"Ideally, the percentage of employers that a minimum of two percent. We've only reached 0.18 percent," Ciputra said when met at the sidelines of the 'Regional Entrepreneurship Summit 2011', in Nusa Dua, Bali.

Ciputra said alias mindset ingrained mindset of the employee must be converted into an entrepreneur minded minded. He said the change in mindset must be done from a bench-kindergarten through college.

"As many as 90 percent of our problems that mindset into an entrepreneur who is still lacking," Ciputra straightforward. To that end, he proposed to the government to change the education curriculum in order to birth an independent personality and have a mental self entrepreneur.

Mindset changes, added Ciputra, also needs to be done in the ranks of faculty as teachers. "Teachers should be washed mindset in order to educate students to be creative," said Ciputra. He said if a change of mindset has been successfully performed and the role of government is active, the percentage of entrepreneurs can grow to two percent within the next 25 years.

"The budget to develop entrepreneurship as well if you can be 10 percent of the existing allocation. If now the education budget of Rp 250 trillion, so 10 percent or Rp 25 trillion for it," said Ciputra. He is optimistic that if the educational curriculum change, mindset and the increasingly active role of government, economic growth in Indonesia could eventually reach 10 percent per year.

reference: REPUBLIKA[CO][ID]

If Want to Increase Market, BUMN (state-owned enterprises) Sharia Must Be

JAKARTA - The growth of Islamic banking is still in numbers ranging from 3.5 per cent, making a number of analysts believe Islamic state is required. Conversion of conventional state-owned banks into Islamic state is believed to be able to increase market islamic country.

According to economic analysts sharia Muhammad Syafii Antonio, if this is done, the market share of Islamic banking can penetrate up to 20 percent. "There Will be an increase of of at least seven to eight percent," he said.

He said, it was often he put to regulators, including Bank Indonesia (BI). A number of conventional state-owned banks and regional government-owned (public enterprises) has been proposed to be Islamic banking, including Bank Rakyat Indonesia (BRI), BTN (State Savings Bank), and Bank Jabar Banten (BJB).

But unfortunately, this has not justified the government. "Maybe they thought a national bank would have to service the national needs. In fact, it's like kosher food that can be enjoyed not only Muslims but also non-Muslims, "he explained.

In addition, he said if want to get ahead, Islamic banks must also intensify advertising in the media. "The budget should be a big ad," he said.

It also made ??the Malaysian government to promote sharia banking. This method is also used to give people an understanding about what exactly this industry and the importance of conducting economic activities according to the Shari'a.

Reference: republika[co][id]

Do Investments, So You Rich

We all know that the asset is a very valuable and humans are the most valuable asset because it is the grace of God the Creator. If sorted, then there are various kinds of assets in the face of this earth, but that is discussed here is limited to assets related to its main financial planning financial assets only.

Speaking about the addition of assets, it would be wise if we perform an evaluation of wealth (assets) net we have. Assets or net worth is the difference of the total wealth or property that you have reduced by all the existing debts.

Mathematically it can be written as follows:
H (Treasure) - U (Debt) = KB (Net Worth)

Then what is meant by wealth, aka treasure?, Is anything material you have and have a sale value (economically), for example:

   1. Balance at Bank (savings, current accounts & deposits);
   2. The market value of investment assets (bonds, mutual funds & stocks);
   3. The market value of pure gold jewelry (precious metal);
   4. Cash value life insurance;
   5. The market value of your property (the calculation is realized price for sales of property class and the closest object + tax sale value divided by 2);
   6. The market value of the vehicle (car, motorcycle);
   7. The market value of household appliances (kitchen appliances, electronics, etc.);
   8. The market value of home furnishings (furniture), the value of personal items, etc..


Then what is meant by debt?, Is the entire remainder of the loan (principal and interest) you have (remember the loan rather than equity investment from another party to you), for example:

   1. Short-term debt (up to 1 year);
   2. Medium-term over 1 year to 5 years;
   3. Long-term debt over 5 years.


The next question is how to improve the asset?, Do the investment, here are the steps:

1. Invest with a minimal amount of 10% of your income;
2. Determine target (target) such investments, eg for children's education fund during university entrance or for the preparation of buying a new home or perhaps for a vacation with the family?, Etc..;
3. Determine the time available, based on points 2 get the time available, ie available to fund 10 years of education (for parents who have children by age 8 years), funds to buy a house is planned 5 years from now and to fund needed vacation time (eg ) 9 months from now;
4. Determine your investment instruments based on the time available, form your personal investment portfolio, eg as follows:
a.Waktu available for less than 1 year, Money Market Mutual Funds (RDPU) with a combination of the deposits;
b.Waktu available between 1-3 years, Mutual Funds Fixed Income (RDPT) combined with the Balanced Fund (RDC);
c.Waktu available between 3-5 years, Balanced Fund (RDC) with a combination Equity Fund (RDS) and if possible (depending of your cash assets) can be coupled with a little combination on the purchase and sale of shares (trading) on ??the stock exchange ;
d.Diatas 5 years, Equity Fund (RDS) in large part, by a combination of investments in stock trading (fraction);
e.Catatan addition to points 'c' and 'd' is recommended only for those who already have cash assets are illiquid in the form of emergency funding that has reached 6 to 12 times the average expenditure per month;

5. Do the protection of your financial assets by purchasing life insurance through traditional products with this type of YRT (Yearly Renewable Term) ie, products that only give the insurance money without any investment or savings element. Why this type?, Because it has a large sum assured with a minimal premium, while the insurance combined with investment (unit-linked) proved in the first 5 years the cost is very expensive.

6.Lakukan monitoring of point 4 above, see the development of investment funds versus the minimum target to be achieved.

After the step to increase assets through investments made, the next step is to re-evaluate periodically against your net worth, here is the formulation of Ideal ratio Net Worth (at least, mathematically:
Us (Age) X PT (Annual Income) / 10> = 3.5 PT (Pedapatan Annual)
So after you make an investment please evaluation (annual periodical), whether:

    * KB (Net Worth) you're> = 3.5 PT or
    * KB (Net Worth) you've been <3.5 PT


For details see sample table below, two workers with different positions:
Description Director of Employee
Age (years) 35 35
Revenues / Month (Average) Rp 35,000,000 Rp 2,500,000
Income / Year $ 420 million to Rp 30 million
Net Worth USD 850 million to Rp 125 million

Description / Analysis:
The total net worth of the Director of Rp 850 million, a net worth of the employees is only Rp 125 million, but in fact the employee is richer than the Director, this is because:
Net Worth Ratio Director of Employee
Ideal Ratio 2.02 4.17 Net Worth
Ideal Ratio of Net Worth (minimum) 3.50 3.50

So it turns out the director is not richer than the employee because the Director of Net Worth ratio is only 2.02 (may have a large debt is accompanied by a lavish lifestyle), while the employee has a Net Worth ratio is better than the minimum standard that is equal to 4, 17. Do not blame yourself if the ratio is not reached, this is the first step to doing financial planning, keep a minimum ratio of 3.50 can be achieved in a timely manner.

If you want to become financially rich are the first message is "Do You Get Rich Investing then", do not think backwards "to invest When Has Rich! '. Please try this simple message as far as we know the world's richest people doing the first message, good luck.

Reference: Taufik Gumulya detikFinance

Stock Investing Can Lay People?

Have a question about a layman who does not understand the ins and outs of stock investing. He considered a very profitable stock investments, he is also keen to set aside part of their income for stock investments. The question is whether he wishes to invest in these shares is right?

According to Ahmad Gozali, financial planner at Safir Senduk & Partners. Investments basically need an understanding of the investors in the run. For someone with sufficient understanding of capital markets, of course, investing in stocks right thing to do. And conversely, if you do not understand the stock market, investing in stocks is not recommended.

So a layman should not invest in stocks? Not really, his advice is to learn first well. Understand all of its provisions, before starting to invest.

Share Sale Delayed Muamalat

JAKARTA - Sales of shares of the country's oldest Islamic bank, PT Bank Muamalat Indonesia, was postponed until an undetermined time. According to Director of Muamalat, Arviyan Arifin, have not found an agreement on prices is one reason.

He confessed to the bank with a performance like Muamalat, the bank is indeed quite high. ''So, the possibility of local investors do not have the funds for it,''he told Reuters when met at the sidelines of the Joint High Level Conference on Islamic Finance, on Monday (18 / 7).

In addition, he said the desire of investors, especially in the country to buy Muamalat also collided maximum limit rules Lending (LLL). Where the LLL should be 10 percent of the capital.

''If they have a capital of Rp 50 trillion, LLL it means around Rp 5 trillion. Well the price we were on top of this,''he explained.

Discussion of restrictions on foreign stocks and individuals who are being deliberated Bank Indonesia (BI) is also a reason in itself. He asserted that the sale of shares is a way of shareholders seeking strategic partners to develop Muamalat. ''But, that does not mean they did not commit,''he explained.

reference: republika[co][id]

Develop Cooperation Indonesia-Malaysia Islamic Finance

JAKARTA - Bank Indonesia and Bank Negara Malaysia agree to boost cooperation in the development of Islamic finance. It involves the cooperation of Islamic banking is growing rapidly lately.

"Islamic finance such as Islamic banking is no longer the compliment (complementary) but has an alternative financing, said the Governor of Bank Indonesia Nasution said in Jakarta on Monday (18 / 7)." So there should be synergy of cooperation or collaboration between Islamic banking in Malaysia and Indonesia to improve quality and expand the Islamic market, "he added.

Nasution spoke at the opening of a summit of Islamic Finance between the Bank and Bank Negara Malaysia which was attended by vice president, Governor of Bank Negara Malaysia, Zeti Akhtar Aziz, and Raja Muda Perak, Raja Naznin Shah, who was ambassador to Malaysia's Islamic finance.

Darmin explained in this conference will discuss technical issues such as differences in perspective sharia sharia in Indonesia and Malaysia as well as issues of accounting standards and others.

According to him, the Islamic financial system of Indonesia have much to learn from Malaysia which has grown rapidly. In the Sukuk market, scooped 72 per cent share of Malaysia's sukuk market in the world.

"Islamic finance industry in Malaysia has developed rapidly, while Indonesia is very potential market given that the largest Muslim population. So all the structure of Islamic finance issues will we elaboration of all," he said.

While Zeti explained that the cooperation of Malaysia and Indonesia build the Islamic finance industry is very important considering the contribution of Islamic finance is a deepening of the global economy.

"The Islamic financial system is increasingly important in the global economy. So it's important for us to take this opportunity, not only Malaysia and Indonesia but also other Asian countries," he said.

According to Islamic finance has a strategic opportunity to develop economic growth, so it needs cooperation with each country to develop it.

"Islamic finance will strengthen the welfare and prosperity are desirable," he said.

Reference: REPUBLIKA[CO][ID]

VP: Islamic Finance Has Special Features

JAKARTA - Vice President, Boediono assess Islamic finance has special advantages compared to conventional finance. He said this has become its own guidelines in the Islamic finance operations and make it survive the disastrous economic crisis in 2008 and 2009.

Sharia''has a special sign of the financial activities of the sector rill,''he said in the opening of the Joint High Level Conference of Islamic Finance, on Monday (18 / 7). In addition, he said, the financial system also reduces the risk of decupling between risk and reward.

He said, this advantage must be maintained. He asserted, it must be maintained despite the trend of convergence between Islamic and conventional finance.

Global Islamic financial system grew rapidly to more than 20 percent since 2000. Although starting from a small degree, ie one percent of total global financial assets, financial predicted this in 2012 will reach 1600 billion U.S. dollars.

In the report the IDB-IFSB, globally there are 500 Islamic financial institutions that demonstrate the rapid increase in assets, of 639 billion U.S. dollars in 2008 to 822 billion in 2009 or about 29 percent. For comparison, in the same period, the growth of a thousand top of conventional banks is only about six to seven percent.

For sukuk, issuance of these financial instruments globally reached 50 billion U.S. dollars in 2010, with Malaysia's foremost publisher of 33 billion U.S. dollars. Indonesia had just succeeded in issuing sukuk about 3 billion U.S. dollars.

Meanwhile, similar advantages are also recognized the Governor of Bank Indonesia, Nasution. When found in the same place, he said the economic slowdown in some countries like the U.S. and Europe will inevitably be an effect on Indonesia, including Islamic finance. ''But because more directed to small and medium enterprises, this may not be a big impact,''he explained.

Islamic banking in Indonesia, within the last 10 years has managed to increase assets to 56-fold. An increase in assets of Rp 1.79 in 2000 to Rp 100.2 trillion at the end of 2010.

Recorded an impressive growth rate of 50.58 percent per year. Throughout 2010, the Islamic banking business grew by a very high volume that is equal to 46.98 percent.

As of April 2011, the central bank noted there are 11 Islamic banks (BUS), 23 units of sharia (UUS) and 153 people of Islamic bank financing (SRB) and the 1884 Islamic service office network. Islamic banking ATM networks supported six thousand and seven thousand ATM Bersama Prima.

Reference: REPUBLIKA[CO][ID]