SoftSkil 2

50 Vocab of Economy

1. Absolute Title                      : Hak Milik Mutlak
2. Accountant                          : Akuntan
3. Acceptance Register           : Daftar penerimaan
4. Accretion                            : Penambahan
5. Accumulation                     : Akumulasi
6. Accurancy                          : Ketepatan
7. Act of Indemnity                : Tindakan ganti rugi
8. Active growth                    : Pertumbuhan aktif
9. Active Market                     : Pasaran aktif
10. Advance Capilasim             : Kapitalisme maju
11. Advance economy            : Ekonomi lanjutan
12. Advancment                        : Kemajuan
13. Advance money                 : uang muka
14. Affluent Society                  : masyarakat yang makmur
15. Advertisement                    : Periklanan
16. Affliated company              : Perusahaan gabungan
17. Aggressive Society             : masyarakat agresif
18. Agrarian Economy              : Ekonomi Agrarian
19. Agreement                           : Perjanjian
20. Tax                                       : Pajak
21. Revenue                               : Pendapatan
22. Payment                               : Pembayaran
23. Average price level              : tingkat harga rata-rata
24. Market                                 : Pasar
25. Checking Account               : Rekening giro
26. Central Authority                 : Otoritas pusat
27. Cost of Production               : Biaya produksi
28. Credit policy                        : Kebijakan kredit
29. Decentralization                  : Desentalisasi
30. Contract labor                      : Tenaga Kerja Kontrak
31. Earned Income                    :Pendapatan yang diperoleh
32. Economy Incentive             : Insentif Ekonomi
33. Equillibrium                        : Keseimbangan
34. Finance                                : Keuangan
35. Foreign Exchange Market   : Pasar Valuta Asing
36. Foreign Trade                      : Perdagangan Luar Negri
37. Funding                                : Pendanaan
38. Gross Domestic Product      : Product Domestik Bruto
39. Property Right                     : Hak Milik
40. Public Project                      :Proyek Publik
41. Relative Price                      : Harga Relatif
42. Absolute Advantage            : Keunggulan absolute
43. Risk Reduction                    : Pengurangan Resiko
44. Sales Tax                             : Pajak Penjalan
45. Capital Stock                       : Modal Saham
46. Circulation of Money          : Peredaran uang
47. Balanced Budget                 : ANggaran Keseimbangan
48. Tax Deduction                     : Pemotongan Pajak
49. Deferment of Loan             : Penundaan Pinjaman
50. Demand Curve                   : Permintaan

SOFTSKILL Bahasa Inggris

Weaknesses of Indonesian Economic

Chamber of Indonesia Commerce and Industry (Kadin) declared Indonesian economy that is actually very promising for both domestic and foreign investors. However, there are still weaknesses seeing by Kadin of the economy that need to be addressed. Vice Chairman of Kadin Indonesia, Novian Anindya Bakrie said, promising Indonesian economy is evidenced by incoming investment, private consumption, and vibrant business world.

“But there are still some weaknesses that Indonesia’s economic structure needs to be addressed now,” said Anindya at Menara Kadin Jakarta, Wednesday (06/03/2013).

Anindya see Indonesia’s economic weakness is in the trade deficit. Currently due to larger imports than exports then it makes more Indonesian trade balance to be deficit. Moreover, the largest import of oil and gas.

On the other hand, Anindya also highlights subsidy of oil (BBM) to the people who actually are not even on target. Current budget fuel subsidy enjoyed by the rich instead.

“As the impact, the deficit and the high pressure gas imports that led to the weakening of the rupiah,” he added.

Again, the actual budget for infrastructure even neglected. He rated in the last few months that there is no improvement of government policy so that a problem cannot be resolved. Though foreign investors intending to invest in Indonesia as it will look up the bureaucratic infrastructure. If not good, then foreign investors will pull out of Indonesia.

 

 

Comment : 

I think too many Indonesian imports from outside which resulted in Indonesia's economic fundamentals are weak. If the government wants a bit of utilizing natural resources in Indonesia, Indonesia's economy may not be as weak as this, and Indonesia is not a lot of money to import out of the country. And I hope that the government could use the state budget not only for the country for personal use