11Jan
Ordinary people may not know Haji Ismet, but perhaps homemade products every day-buckle cuddled by your baby. Yes, Ismet is a business owner Doll Palace Collection that produces many different types of dolls.
Ismet Haji name famous enough and taken into account in the doll industry. He produces many different types of dolls from soft furry fabric.
Not only to meet local market demand, Ismet also export a homemade doll. Turnover is now about Rp 4 billion a year, or approximately Rp 333 million every month. Ismet sell homemade doll with no brand. The buyers who then refer to him by various brands. However, in this way, Ismet and his client both feel lucky.
Since pursue this business, Ismet is principled not going to give a special label for the doll. The goal is that the distributor or agent can provide a label according to their own volition. “That way, could turn on other micro-enterprises, namely as a distributor, ‘said the father of three children.
Thanks for sharing this enthusiasm, Ismet now asked as Treasurer of Micro and Small Entrepreneurs Association of Indonesia (Hipmikindo). Ismet admitted, the road to success is not easy. He had to start from scratch.
Initially, Ismet is a producer of audio cassettes. But, because of flagging tape recording industry, Ismet had swerved into the doll business in 1999. “I was inspired by my son who is very fond of dolls,” said the man was 46 years. (more…)
14Jul
U.S. trade deficit unexpectedly widened in May for the second month as imports exceeded exports, the government said Tuesday. The gap in goods and services rose 4.8 percent to 42.3 billion dollars from 40.3 billion dollars in April, the Ministry of Commerce said in a report, as quoted from the AFP. Most economists expect the deficit fell to 39.4 billion dollars.
Imports rose 2.9 percent to the highest 18-bulansebanyak 194.5 billion dollars while exports rose 2.4 percent to the highest 19-month to 152.3 billion dollars i.e. Recent data indicates that the trade could blunt the economic growth in the United States despite the increase in imports in the world’s biggest economy offers hope for global economic recovery, analysts said.
That “trade show will be a bigger drag on growth in the second quarter than we first anticipated,” said Aaron Smith, a senior economist from Moody `s Economy.com.
The U.S. economy grew by 2.7 percent in the first quarter of 2010 but analysts expect slowing expansion this year amid high unemployment caused by the worst recession in decades. While the widening of the deficit is “negative” for the U.S. gross domestic product, “it is a net positive for global growth,” said analyst Kimberly DuBord of Briefing.com. The increase is driven by U.S. imports of consumer goods, motor vehicles, spare parts and machinery and capital goods.
The new data also shows that the political sensitive trade deficit with China widened 22.3 billion dollars in May from 19.3 billion dollars in April, a development that could trigger calls for the acceleration of China’s Yuan currency appreciation. Three weeks after China’s central bank pledged to loosen currency controls in the midst of international pressure, the U.S. Treasury Department said last week Yuan remain “undervalued” against the dollar. Beijing accuses the United States has maintained its currency to remain low against the greenback to trade advantage.
“To maintain the cheap China-made products on the shelves of U.S. stores and prevent U.S. exports to China, Beijing undervalues Yuan by 40 percent,” said Peter Morici, a business professor at the University of Maryland.
2Jul
Dispute between Google Inc. and the Government of China re-heated. China’s Foreign Ministry was reluctant to comment on Google’s stop the rerouting step (direction) to the portal automatically in Hong Kong in the free Google censor. According to them, all Internet service must comply with local laws.
“Internet operators in China must be subject to the laws and regulations in China,” said Foreign Ministry Spokesman Qin Gang on Thursday (1 / 7).
On Monday (28 / 6), Google said it would stop the direction of Hong Kong direct to the site search. This is done because the government of China is not happy with the system and do not want to renew the operating license Google if this system continues. Google said on their official blog, the automatic termination of the direction taken so that Google can update the license to operate in China.
Guxiang, the company that operates the site Google in China, have entered a request to update a Google operating license to the relevant ministries. They also promised to obey the law in China. Xinhua News Agency reported, Google’s application has been reviewed by the government and the results will be released soon.
According to analysts, although this time Google’s revenue in China is only $ 300 million to $ 600 million, the business prospect in the land of Panda is quite tempting. As the largest Internet market with nearly 400 million users, China has huge potential. Other companies, like Ebay and Yahoo who leave earlier, no longer able to get the market in China.