Because Trump, the Company "Outsourcing" in the Philippines Face Uncertainty

LIFESTYLE - Industrial outsourcing labor (outsourcing) is growing rapidly in the Philippines were hit by fears. Because, some time ago the President of Rodrigo Duterte invited US companies to leave the Philippines if you do not like the anti-US stance espoused.

Now, the Philippine outsourcing industry again faced with uncertainty. The reason, the US president-elect Donald Trump states will prioritize citizens for work on US companies.

Quoting Channel News Asia, Friday (09/12/2016), for many corporations in the US, the Philippine outsourcing industry greatly help ease their work. Philippines accounted for 12.6 percent of the global market for business processing outsourcing (BPO), which grew 10 percent in the last decade.

BPO industry is predicted to add 100,000 jobs per year with revenues reaching 38.9 billion US dollars in 2020. The global outsourcing consultancy predicts BPO industry revenues could penetrate 48 billion dollars in the next four years.

Of these, about 23 billion US dollars derived from services provided to companies in the US.

"This is a business that is strongly oriented towards the US. (Policy Trump) will be very heavy, not only for us but also for the economy as a whole," said Manuel Pangilinan, PLDT president, a company that provides telecom BPO industry.

Some time ago, Duterte told US President Barack Obama to "go to hell" because of concerns related to the war on drugs Duterte. Duterte also threatened to remove the US-Philippines defense pact.

The statements in fact create several US companies are afraid to continue their business in the Philippines. Without mentioning the identity, as many as four US companies directly undo their decision to do business in the Philippines.

Nevertheless, some big companies who had first utilizing the BPO industry in the Philippines, such as JP Morgan decided to stay in business in the Philippines. As for who decides to leave is a potential investor.

"Tax Amnesty" Loyo in Period Two, Directorate General of Tax Assessed Out of Stamina

LIFESTYLE - Achievement tax amnesty program or a tax amnesty second period has not been impressive. One of the factors assessed to be the cause is endless energy Directorate General (DG) Taxation.

"It is high (tax amnesty achievement of the first period) and can be a good result, but a period of two run out of stamina to pursue targeted tax amnesty," said Executive Director Society Initiative Ah Maftuchan in tax discussions in Jakarta, Friday (12/09/2016).

Actually, the Directorate General of Taxes already heats again "machine" tax amnesty which sempet cold in November. Socialization is done to the shopping centers to target the small and medium businesses (SMBs).

In addition, the Directorate General of Taxes also targeting taxpayers by profession whom are doctors, lawyers, notaries, curators, directors of state enterprises, to directors and commissioners mining.

But the effort was not boost achievement tax amnesty period II. In addition, Maftuchan also assess the achievements loyonya tax amnesty officers is affected by the bribery case by the Commission Directorate General of Taxation recently.

It made the trust society to the Directorate General of Taxes to be down. Obtaining tax amnesty since entering the second period in October and is far when compared with the first period. It can be seen from the number of reported property tax amnesty.

In the same place, and Extension Service Director (P2) Public Relations Directorate General of Taxation Hestu Yoga Saksama also expressed the same thing. According to him, the value of property in the second period of reporting is not as big as the first period.

Just in terms of the number of taxpayers who participated, the second period is predicted to be more because more focus on SMEs.

"The more who participate must be sufficiently large ransom," he said.

Based on data from the Directorate General of Taxes today, reported total assets reached Rp 3,397 trillion. Treasure declaration is still dominant in the country reached Rp 2,865 trillion. The balance of assets abroad declaration Rp 987 trillion, and assets are brought back to Indonesia (repatriation) to Rp 144 trillion. The amount of the ransom of Rp 95.7 trillion.

Indonesia Oil Out 12 Years, Crisis Lurking Children and Grandchildren

LIFESTYLE - Oil reserves in the bowels of the Earth Indonesia, without any new exploration is predicted to be depleted 12 years-15 years. Meanwhile, the development of non-fossil energy in Indonesia is still minimal.

It was compounded by the continued rise of national oil consumption. At this moment, the figure has reached 1.6 million barrels per day (CPD).

The oil production is only 600,000 BPH BPH-800,000. The imbalance between oil production continues to fall with domestic consumption continues to rise makes imports can not be inevitable.

Predictable, figures oil imports will continue to grow from year to year until it reached 1 million-2 million BPH BPH in the 2020-2025 period.

"Obviously this is very worrying," said energy analyst and Director of the Indonesian Resources Studies Marwan Coal to Kompas.com, Jakarta, Thursday (12/01/2016) night.

The concerns were well-founded. Moreover, the government considered not showing seriousness develop energy beyond oil.

In fact, there is great potential for developing the gas industry, geothermal energy or geothermal energy for electricity and ethanol for fuel.

Unfortunately, the seriousness of it is considered not visible. In fact, he also highlighted the funding cut fuel subsidies that the government has not seemed to flow for renewable energy development.

Likewise, the budget in the Directorate-General of New and Renewable Energy and Energy Conservation (EBTKE) MEMR precisely trimmed in APBN-P 2016. Various problems in the energy sector must be resolved.

Therefore, future generations will bear a heavy burden due to the problem.

"We will experience an energy crisis," said Marwan.

Indonesia believed would continue to depend on oil imports when there is no seriousness develop new energy sources. As a result, foreign exchange will continue to drain only for oil imports.

The increase in world oil prices to 80 dollars to 100 dollars per barrel as a few years ago is still a shadow.

If it happens again, then the government has to spend more rupiah to oil imports.

In terms of the state budget, the government has exhausted increase state revenues amid weak global economic growth, commodity prices, until the financial market turmoil.

In fact, the budget is the spirit of the nation's economy and development.

"Finally, the energy crisis could bring or lead to the economic crisis. Why? That's because we are highly dependent on imports, "said Marwan.

Take note! This Mandatory insurance mandates currently Rainy Season

LIFESTYLE - Indonesia only recognizes two kinds of seasons, the dry season at the beginning of the year and the rainy season in mid-year to the end of the year. These two seasons have the same risk respectively.

For example, during the dry season, farmers will face the risk of crop failure due to drought. Whereas, in the rainy season, the rate of accidents and natural disasters will be higher due to the high rainfall.

But, fortunately had no banking facilities and non-banking that protects you from the unexpected things such as illness, accidents, natural disasters and death is insurance protection.

Insurance coverage has a system, in which you (the insured) are required to pay an amount of money each period so that at some point the insurance company (insurer) will protect you from the costs if the events as specified in the insurance agreement is present.

Of course, insurance is very useful in every season, both the dry and rainy, but, there are some insurance a must-have when it will enter the rainy season.

1. Vehicle Insurance

The rainy season will make driving more difficult, at night, the view will be blurred because of the rain that covered headlights, even during the day, the rain is too heavy can make the car in front of us opaque, which is where the car lights to be switched on noon when the heavy rain.

This can increase the likelihood of an accident. This is the case of rain without a disaster, imagine if it rains cause flooding. Obviously this will increase the likelihood of your car flooded.

Therefore, one of the very important insurance when the flood is vehicle insurance. Remember the susceptibility of accidents during the rainy season, vehicle insurance can make you not worried about the cost of car repairs.

You also do not need to fuss and bother if the car broke down in the middle of the road because of flooding, as many insurance companies that provide a free tow if something happens to your car.

You should also be careful in choosing car insurance, choose insurance that also protects the possibility of flooding. So, you need not worry if the car was flooded everywhere.

2. Accident Insurance

This financial product if the insured had an accident that resulted in minor injuries, severe or even death. Accident insurance can also bear the entire cost of treatment to the hospital inpatient costs.

Had accident insurance during the rainy season has the same reason the importance of vehicle insurance.

At the time of the accident, not only your vehicle is likely damaged, but also themselves may be affected by the accident.

To that end, in the rainy season, should you have an accident insurance to protect themselves in case of financial and unwanted things.

3. Health Insurance

Disease will arrive in the rainy season because the weather is cool and humid the optimal conditions that favor bacteria and viruses to grow. Some examples of diseases that may arise is the flu and fever, diarrhea, malaria, dengue fever up.

Of course, the cost of treatment for the disease is not cheap, and if you or family are not covered by insurance, you definitely have to spend a lot of money.

For that, you can anticipate the unexpected expenses to have health insurance.

4. Life Insurance

Life insurance is important for all kinds of seasons, but when it rains, the existence of this insurance can be very helpful. Obviously you hope it will not happen anything themselves, but their lives are not currently on your hands but the Almighty.

You as a human being, you should do the best you can do.
During the rainy season where the mortality rate is higher than the dry season, life insurance is needed.

The family relies on you to become the main reason for the importance of life insurance. Having a life insurance during the rainy season, will help the family when you are gone.

Use Insurance For Self Protection

Think of insurance as a self-protection and not as a guarantee that you are free from any financial burden or responsibility themselves.

Have these insurance during the rainy season would greatly help the financial condition if there is something undesirable.

The most important thing is to be careful in the rain and do not be reckless.

Minister BUMN Set 2 New Directors In Pertamina

LIFESTYLE - Minister for State Owned Enterprises (SOEs) through a letter No. SK-264 / MBU / 12/2016 concerning the appointment of members of the Board of Directors, formally decided to appoint two new directors of Pertamina.

Vice President Corproate Communication PT Pertamina (Persero) Wianda Pusponegoro stated, in the decision, the Minister of SOEs raised Muchamad Iskandar as Director of Marketing and Toharso as Director of Processing.

Muchamad Iskandar Ahmad Bambang replaces the previously appointed as Deputy CEO. While Toharso replace Rachmad Hardadi who was appointed Director of Processing and Petrochemical megaproject.

"Iskandar Muchamad previously served as Senior Vice presdent (SVP) Fuel Marketing and Distribution Pertamina," said Wianda in a statement on Saturday (03/12/2016).

Muchamad Iskandar began his career at PT Pertamina (Persero) as Trainee WP fuel in Medan in 1991.

Men born in Surakarta, August 25, 1962 is crisscrossed the marketing world by occupying various positions of Branch Manager of Marketing, Sales Manager, Manager of Domestic Gas, Retail Fuel Marketing Vice President, to SVP Fuel Marketing & Distribution.

Meanwhile Toharso, who previously served as Director of PT Pertamina Pertamina Retail is a career employee who had held various positions in both the Directorate of Marketing and Corporate Secretary.

"At the Directorate of Marketing Toharso started his career in 1992 in Marketing III Jakarta, had been a Manager Representative in East Timor, Dili in 1999.

Graduates of the Master of Management Universitas Airlangga also been assigned as Production Manager Lubricants, Head of Communication Division, and Director of Patra Niaga, "said Wianda.

With added two new directors, according to the current Wianda entire Board of Directors at Pertamina positions have been filled.

Since the nomenclature change the composition Dirkeksi on October 21, 2016 there is the addition of two new positions, the Deputy Managing Director and Director of Processing and Petrochemicals megaproject.

So that the composition of the Board of Directors of Pertamina is currently the nine people consisting of the Director, Deputy Director, Upstream Director, Director of Gas, Director of Marketing, Director of Finance and Corporate Strategy, Director of Human Resources, Information Technology and General Director of Processing and Director megaproject Processing and Petrochemicals ,

4 Ways to Build Reputable Credit so that data in "BI Checking" Safe

LIFESTYLE - You who already have a credit card or are planning to have a credit card, remember this one thing: you have to build credit reputation. For smooth or not you pay your bills, will be recorded in the system called BI Checking.

It is a system of recording payments made by Bank Indonesia to help banks determine credit seekers prospective customer profiles.

In BI Checking, will be recorded whether or not you will be delinquent credit for a long time, in possession of the credit, or have a current bill payment.

Do not let your reputation will be recorded with red ink because you are delinquent credit card bill so it is hard to get your next credit facility from the bank.

So how to build credit reputation in the BI Checking? This is how:

Use a credit card

Credit cards serve as a substitute for cash and as a means of payment to facilitate transactions. If you have never used a credit card, of course no data is recorded in Debtor Information System (SID) Bank Indonesia about your transactions.

Try using a credit card for payment of goods or services such large bernominal pay air tickets and hotels, buy electronics, and the like.

After that immediately pay off the bill before the due date so that the historical data of your transaction will be recorded in the SID Bank Indonesia, and your credit reputation is also slowly taking shape.

Do not overdue bill

In assessing the credit quality of customers, the bank will look at the history of credit kolektabilitas customers. Kolektabilitas customer credit status is divided into five, namely: Current, Special Mention, Substandard, Doubtful, and Loss.

Customers who always pay credit card bills and interest in the discipline to get the highest score is 1 or Current. The longer delinquent clients (generally above 360 ​​days), the lower the scores kolektabilitasnya (close to 5 or jam).

Specifically for users of credit cards, try to pay the bills by at least 10 percent of the total monthly bills that have been defined.

But if you can pay off these bills would be much better, because any delay will be charged interest is quite high. Similarly, the installment loan, always try to pay on time.

Take breaks when credit is denied

When your number of rejections when applying for a credit card or a variety of loans, stop a few months, before asking again.

Like being a test, you repeatedly follow a similar test without increasing abilities. As a result, took the test many times probably did not help, because you need to do is relearn.

Similarly, when applying for a loan, you need to look back at what went wrong. Maybe you apply for credit exceeds the limit of the credit balance of 30 percent of revenues, or you have yet another installment.

During the pause time, focus pay off debts that existed before taking the new debt. Then, ask a petition on credit cards low berlimit first.

This can help to increase the score, and provide a positive indication to the bank that you are a trustworthy debtor.

Report If There Incompatibility Charges

It often happens, the bank stated customers are late paying credit card bills so she charged interest. When in fact, paying bills on time, but records in a bank that does not comply.

If you pay the bill on the final day in the allotted time but the new system to record the next day, report on the bank on the system error. Typically these systems error occurs when you pay on the weekend.

Perhaps the bill amount is not much, but delays in payment information will be recorded in the SID. As a customer, you are entitled to penjalasan on information that is not appropriate. If the bank refuses to give explanations and to process your request, you can submit to the aspirations of the Financial Services Authority (FSA) in 1,500,655.

So if you just have a credit card or other loan, make sure you become a debtor's good for banks. Build your credit reputation so that you can reach from the bank loan facility for your various needs.

After the agreement of OPEC, Oil Prices Rise 14 Percent in Three Days

LIFESTYLE - World oil prices jumped 14 percent within three days. Thus, world oil prices closed up to the highest level in 17 months at the level of 51.68 dollars per barrel on Friday (02/12/2016) local time.

Quoting CNN Money, Saturday (12/03/2016), the agreement reached members of the Organization of Petroleum Exporting Countries (OPEC) gives new wind to the price of crude oil this week. Because, finally OPEC agreed to cut oil production for the first time in 8 years.

The OPEC decision marks a significant movement OPEC price war with US shale oil. Investors looking at OPEC's decision to stop the flood of oil supply will reduce the oversupply which made oil prices plummeted.

"OPEC decided to cut very seriously. The market gained what to expect from OPEC," said Michael Wittner, global head of oil research at Societe Generale.

Earlier, doubts arose concerning the ability of OPEC to reach an agreement, which ultimately makes the price of oil fell before a meeting on Wednesday. Finally, oil prices could soar 12 percent this week. The price increase was the biggest gain since 2011.

Oil prices are perched at this time is very high when compared to their lowest point in 13 years, which is 26 dollars per barrel in February 2016 ago.

Anthony Starkey, manager of energy analysis at Bentek Energy, said crude prices could reach a range of 50 to 60 dollars per barrel in the first half of 2017.

"However, the sustainability of the price rally of course questionable because investors tend to wait and see whether OPEC is committed to the restriction of their production. OPEC has a mixed track record," said Starkey.