KPR Lethargic the last two months, not necessarily because DP Up

Jakarta -although the data indicate the filing of Mortgages (MORTGAGES) dropped in the last two months, as a result of the new rules have not been proved down payment (DP) or Loan to Value (LTV) is 30%.

Decrease in filings KPR period of July and August 2012 annual cycle caused more related to school holidays and Fasting and Lebaran preparation.

"Yesterday's declines occur because of Lebaran cycle only. Rules can not say affect LTV (KPR demand), "said VP of Consumer and Retail Landing PT Bank Negara Indonesia Tbk, Nugroho Indrastomo to detikFinance, Friday (24/8/2012).

Influence home sales due to new note more LTV, factual in the period September 2012. Data in the month of September until the end of the year, will show a correlation with Bank Indonesia's policy.

"July is down, August may be lower due to the allocation of funds is not any more to it (the House). We saw in September, "he asserted.

Earlier, BI said LTV policy for conventional MORTGAGES bank for home ownership will not hinder business property.

Director of Directorate of economic research Monetary policy and BI, Perry Warjiyo speak, banks have stricter financing rules than in the financing institutions, so that with the restrictions that will be arrange down payment financing business becoming more awake.

(wep/ang)

Electricity tariffs next year ' Dicicil ' Climb Every 3 months, this is the reason the Government

Jakarta -the Government proposes to the PARLIAMENT on next year's increase in Electricity Tariffs (TTL) per quarter or ' dicicil ' every 3 months. What is the reason?

According to Finance Minister Agus Martowardojo, an increase in electricity rates is done to reduce subsidies on electricity which is not right on target. Saving funds will be allocated to infrastructure through the capital expenditure of the Government.

"With the rise in TTL, can reduce electricity subsidies. With the reduction of subsidies that the Fund be diverted electricity to supplement capital expenditure budget, "said Agus Martowardojo when found in his residence, Widya Chandra housing complex, Jalan Gatot Subroto, Jakarta, Monday (19/8/2012).

Agus said, with increased capital expenditures, then it will also indirectly encouraging economic growth.

"In 2013, assuming an increase in TTL, total subsidies reach $ 316 billion, which comes from the post fiscal risk reserves, reserves changes assumptions and others," he said.

With the increase in electricity rates each quarter, this then there will be a reduction in electricity subsidies amounting to Rp 12 trillion.

"Rp 12 trillion is transferred to another post, i.e. to a capital expenditure of Rp 193 trillion, plus a reduction in subsidies and capital spending could reach Rp 200 trillion more," she said.

Increased capital expenditures will be widely used for the development of the infrastructure that supports the growth of investment in the country.

"So indirectly by increasing capital expenditure budget, then it can be pushed higher economic growth again," he asserts.

Increase in electricity tariffs next year is planned around 10%. But the Government will not raise at once, but gradually would raise every 3 months.

(rrd/dnl)

2 months away, Airport Tax will be added to the price of airline tickets

Jakarta -the unification Plan cost airport tax or (Passenger Service Charge/PSC) with plane tickets will be entered into force 2 more months. The airline was ready to implement the new system this is PT Garuda Indonesia Airlines Tbk.

"This fact confirms the statement Mr. Chairman (Angkasa Pura II) some time ago, that system with a new Garuda, with another system cannot yet," said the Secretary of the company PT Angkasa Pura II M. H. Ramey, Ph.d. when contacted detikFinance, Thursday (16/8/12).

According to M., for the early stages of this new system could only be done in Terminal 1 C Soekarno-Hatta Airport. "Yes, it later only in terminal 1 C," he added.

Earlier, President Director of PT Angkasa Pura II Tri Sunoko reveals, in the near future, the company will implement a unified ticket system with airport tax for the airline Garuda Indonesia.

"Initially the Garuda first because his already good systems IT plans, September-October," says Tri some time ago.

This new system is expected to reduce the rate of line passengers at airports managed by the company. "We've eliminated the 1 antreannya, and streamline systems," pungkasnya.

(Jim/hen)