Monthly Archive for December, 2010

10 Countries with the Worst Currencies

Published on December 24, 2010 in Business News. 0 Comments Tags: , , , .

For the global market, the Indonesian currency (rupiah), into the category of waste or common currency called the worst currencies. Based on data from Bloomberg and Fox said the rupiah was one of 10 world currencies in the currency designated trash.

As for the 10 countries whose currency is categorized currency consecutive garbage is Zimbabwe, Vietnam, Sao Tome and Principe, Laos, Iran, Indonesia, Guinea, Turkmenistan, Paraguay, and Zambia.

Cheapest currency now Zimbabwe. That is, low-priced units compared with currencies of other countries or it could be compared with the amount of certain goods that can be purchased. Buy vegetables, for example, can be up to 1 million Zimbabwean dollars. Continue reading ’10 Countries with the Worst Currencies’

Bridge of Malacca Strait (Sumatra-Malaysia)

Published on December 21, 2010 in Business News. 0 Comments Tags: , , .

The bridge that connects the Sumatra and Malaysia (Malacca Strait) is planned to be built to carry trade between Indonesia and Malaysia. However, the construction of the bridge that connects the Strait of Malacca Dumai (Riau) – Malacca (Malaysia) is still going to wait for the completion of the construction of the Sunda bridge (Sumatra-Java) is now in the process.

Coordinating Minister Hatta Rajasa as reported by Kompas today (19/12) said that the construction Dumai-Malacca (Malaysia) will only be built after the Sunda Strait bridge was built first. This statement is expressed as a group of reporters showed an image map that is assigned to Riau and Malacca on the back of their jerseys. This map shows the bridge which divides the development plan of the Strait of Malacca. Continue reading ‘Bridge of Malacca Strait (Sumatra-Malaysia)’

Cigarette Production in Indonesia Experiencing Decrease

Published on December 11, 2010 in Business News. 0 Comments Tags: , , .

Cigarette Production in Indonesia Experiencing Decrease. Cigarette production reached 248 billion sticks this year, grew 1.2 percent over the past year to reach 245 billion cigarettes. Judging from the trend, cigarette production growth continues to slow.

The result of this production is much slower than in previous years. Based on data from Ministry of Industry, cigarette production between 2007-2008 grew 9 billion cigarettes. Then in 2008-2009 shrank to five billion cigarettes.

Government set maximum cigarette production at 260 billion cigarettes in 2014. Continue reading ‘Cigarette Production in Indonesia Experiencing Decrease’