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Casual Articles - Jumpstart for Jakarta
Many of us are so wrapped up in our business that we don’t have a chance to step back and reflect for a moment, on who we are in our lives. This is a problem that all of us face at one time or another whether we are a corporate executive or a live at home parent. I can remember being a child growing up in middle class America wondering what it would be like to have all the material wealth in the world. While still in grade school, who I be was a kid whose only concerns were Saturday morning cartoons and what mom was cooking for diner. As time went on and I learned the “rules” of my parents house, as much as I just wanted to be, I created this story that I could no longer be, and had to do the things n
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indone
Too often a business assumes that IP based solutions are the best choice to satisfy their communication requirements. Particulalrly with convergence issues. But....don't get caught making a hasty decision. There are viable options...and factors to consider before making a final choice.One of the problems with convergence is protocol, starting with IP.While we tend to think in terms of Internet and IP, there are alternatives. Dedicated circuits come to mind, followed by frame relay. One option that hasn't gotten much exposure but may offer some real advantages is gigabit Ethernet via fiber optics. The fiber overcomes the distance limitations associated with Ethernet. Ethernet allows for lay
There are two types of political leaders: pie cutters and pie bakers. Pie cutters attain and maintain power by slicing the economic pie to placate opponents and reward friends. Pie bakers focus on making the economic pie larger so that the whole country moves forward.
Indonesia’s President Yudhoyono, a combination of General, intellectual and bureaucrat, has been a little of both during his first 11 months in office. But with the economic crisis caused by a weakening rupiah, a stock market swoon, and budget busting petro subsidies, he needs to quickly plant himself in the pie baking category.
The Oven is Ready
Many would categorize Indonesia as a relatively poor country but I beg to differ. I have toured Indonesia from tip to tip and it is a country with many assets and great promise. Rich in natural resources, a talented and young population, strategically positioned to benefit from Asian growth, a size three times the that of Texas and the world’s fourth largest population. As a relatively young democracy and developing economy it lacks an important ingredient for economic growth: capital and a fiscal system to allocate it wisely.
Let’s focus on just one important Indonesia asset that could dramatically jumpstart its economy and stock market while unleashing resources for badly needed education health and infrastructure. This asset is oil and natural gas. There has been much in the press about the staggering burden of the fuel subsidies: $7 billion in 2004 and about $14 billion expected by 2005. A bargain must be struck quickly: sharply reduce the fuel subsidies and in turn, increase spending on education and health projects such as urgent polio immunization programs.
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indones
Incorporating online is probably one of the easiest ways to incorporate your business. Incorporating online generally only requires standard information such as the names and addresses of the initial officers, and sometimes their titles. Incorporating online helps take care of all the steps required for the initial filing with the Secretary of State.By incorporating online many steps are taken care of on your behalf. Typically this includes a thorough corporation name search, the preparation and review your articles of incorporation, submission to the Secretary of State’s office, and payment to the Secretary of State’s office.Often times people will chose to incorporate their business onli
The Oven is Ready
Many would categorize Indonesia as a relatively poor country but I beg to differ. I have toured Indonesia from tip to tip and it is a country with many assets and great promise. Rich in natural resources, a talented and young population, strategically positioned to benefit from Asian growth, a size three times the that of Texas and the world’s fourth largest population. As a relatively young democracy and developing economy it lacks an important ingredient for economic growth: capital and a fiscal system to allocate it wisely.
Let’s focus on just one important Indonesia asset that could dramatically jumpstart its economy and stock market while unleashing resources for badly needed education health and infrastructure. This asset is oil and natural gas. There has been much in the press about the staggering burden of the fuel subsidies: $7 billion in 2004 and about $14 billion expected by 2005. A bargain must be struck quickly: sharply reduce the fuel subsidies and in turn, increase spending on education and health projects such as urgent polio immunization programs.
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indone
With the number of small businesses increasing by the day, the competition from larger companies is also getting tough. If you own a small business, chances are that you have faced stiff competition from some mall, supermarket, or department store at one time. Although small businesses do not have the kind of funds big businesses have, this does not mean that your small business cannot be a success. This article discusses some ways to compete successfully with big businesses.Customer Relations;For any business, the customer is king. Keeping your customers happy is the first step toward successfully dealing with big competitors.Unique Products;Emphasize the uniqueness of your pro
Let’s focus on just one important Indonesia asset that could dramatically jumpstart its economy and stock market while unleashing resources for badly needed education health and infrastructure. This asset is oil and natural gas. There has been much in the press about the staggering burden of the fuel subsidies: $7 billion in 2004 and about $14 billion expected by 2005. A bargain must be struck quickly: sharply reduce the fuel subsidies and in turn, increase spending on education and health projects such as urgent polio immunization programs.
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indone
Today, I took my wife to lunch. That in itself is hardly any news at all. However, what should have been a lovely celebration of something personal turned out to be pretty lousy. Here's what happened...We went to a local marina where there is a selection of restaurants. We strolled along the marina just to have a look at what was on offer. The first restaurant we walked into was about one-third full. I stood at the front desk and waited... and waited... and waited.There were three people behind the counter busying themselves with all sorts of menial tasks. I eventually managed to get the attention of a young lady. She stood directly in front of me and looked at me. Not a word did she speak. N
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indone
The Dynamic Environment Service companies find the scheduling of work orders a volatile and dynamic environment. Throughout a technicians day work orders are added or rescheduled causing the schedules to change. This creates an issue because the technicians in the field need these changes to be communicated efficiently.Many companies find them selves communicating these issues over inefficient information channels (e.g. cell phones). Personnel from an office need to communicate these changes to the technician which consumes the time of both resources and is prone to error.Translucent Scheduler 2007 has a solution to this problem through mobility. Our product has mobile s
Light the Fire
But perhaps a more important issue than the fuel subsidies is that Indonesian energy production is far below its potential.
The way that oil production has been handled over the past few years is worse than a blunder and is close to a crime. Indonesia has 10 billion barrels of proven and potential oil reserves and 180 trillion cubic feet of proven and potential reserves. Nevertheless, Indonesia, Asia’s only member of OPEC, became a net importer of oil in 2004.
Signs that the Ignition is Broken
This production shortfall is primarily due to insufficient investment and delays in awarding exploration and production contracts. Let’s look at one example, Exxon Mobil’s Cepu block project. Exxon Mobil has operated in Indonesia for a century and invested $17 billion in the country, agreed to explore the dormant Cepu area years ago and by using advanced technology, found proven oil reserves of 600 million barrels and 1.7 trillion cubic feet of gas. Prepared to invest $3 billion to develop the project, it has been waiting for two years to move forward as Indonesia’s state-owned energy company Pertamania has been haggling over issues such as the government’s insistence on a $400 million up front signing bonus. That’s right, it wants $400 million from Exxon Mobil before it risks $3 billion of shareholder capital to develop the Cepu block. Meanwhile, Indonesia’s oil production levels have fallen to less than 900,000 barrels a day!
At peak production, Cepu would provide the GOI about $2 million per day in revenues, add 180,000 barrels a day in daily production and eliminate gas shortages in East Java. There are other projects that could be moved forward and in total could lead to baking an economic pie that could help lift all of the Indonesian people. Moving ahead with these projects would jumpstart the economy and bolster the confidence of foreign investors and capital markets. This is certainly a better option than sharply raising interest rates that choke economic growth and makes badly needed capital even more expensive.
The Fire is About to be Set
Our intelligence indicates that due to financia
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