iip albanjary

ASEAN-China FTA becomes hot topic among business timber entities talks. More Indonesian businessman are worrying about Chinese products that will flood Indonesia’s markets because of the agreement. Chinese products are known as cheaper, mimic and some of them are below-average quality.

The ASEAN-China FTA agreement was signed about ten years ago in Cambodia, enabling member countries to make necessary years of preparations. Why businessman still worrying on Chinese product?

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Human creativity is the ultimate economic resource, said the economists commenting on future business predictions. In many countries, creative industries have been increasingly contributing to national income as well as providing more jobs. Enabling regulations and high technology adoption seems linked to the development of creative business.
Most people perhaps notice that creative business grows as people become more engage with the latest technology such social media application within internet. But, the creative business has wider range of matters. More ideas are invented and feasible, then it might become next market trendsetter and thus drawing business deals. It doesn’t matter whatever current business niche, from carbon trading business to car accessories service creativity become more relevant in more connected worlds. I highlight on carbon trading business which is getting prospective in recent and next years.

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Islamic finance has an enduring appeal aftermath of a global financial crisis, says Muhammad Al-Jasser, governor of Saudi Arabian Monetary Agency (SAMA) at the Sixth Annual Summit of the Islamic Financial Services Board (IFSB) in Singapore last week.  The summit was attended by more than 250 Islamic financial services industry stakeholders from across the world.

His comment seems parallel with the speakers said at World Islamic Economic Forum (WIEF) held in Jakarta early this year. I noted that experts and practitioners of Islamic finance still have optimistic perspective on the development of Islamic finance industries, although the world’s struggle on global financial crisis is on the way.

More countries are affected by global financial crisis, including countries that addressing both conventional finance and Islamic finance. Currently, some countries are paying more attentions to Islamic finance and let the institutions grow.In response of global financial crisis, is there any need to revitalize Islamic financial services industry in the middle of reformation of global financial architecture?

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