from February 2014 Source: Statistics Indonesia The average unemployment rate in Indonesia based on the last 5 years (2009-2013) is 6.78%. The unemployment in Indonesia hit the highest in 2009 with 7.9%‚ and the lowest rate of unemployment was in 2012 with 6.1%. From the above graph‚ we can see that there is a decrease in unemployment rate from 2009 to 2012 falling from a rate of 7.9% in 2009 to 6.1% in 2012. This may be due to the fact the government in Indonesia‚ has been putting effort to lower
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it starts from the headquarters’ instructions which guide the timing‚ format and issues needed to be addressed‚ budgeting is not obliged to attain specific targets. The corporation’s long-term goals are shared. Some international branches such as Indonesia‚ however‚ often establish their own targets since they traditionally excel the corporation’s goal. Like the sovereign risk limits setting process‚ the country managers seem to have responsibility to modify their goals based on a better understanding
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Culture of Indonesia The present day culture of Indonesia is an outcome of the interplay of age-old- traditions from the time of early migrants and the Western thought brought by Portuguese traders and Dutch colonists. The basic principles‚ which guide life include the concepts of mutual assistance and consultations to arrive at a consensus. Derived from rural life‚ this system is still very much in use in community life across the country. Indigenous has been instrumental in securing gender equality
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Case 1: Citibank Indonesia 1. Citibank’s budgeting process is based on a bottom-up method. It is not compromised of specific goals to be attained by individual operating units‚ but is composed for the corporation as a whole. Citibank was aiming for long-term goals‚ which call for profit growth of 12-15% per year‚ 1.25% return on assets‚ and 20% return on equity. These standards are set for the entire company‚ and individual sectors‚ such as international branches‚ usually set their own higher goals
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GARUDA INDONESIA I. AREAS FOR CONSIDERATION (SWOT ANALYSIS) A. STRENGTHS: 1. Low cost manufacturing capabilities 2. Technological know-how 3. Proprietary technology / superior technological skills 4. Superior intellectual capital 5. Better product quality 6. Market share leadership 7. Strong financial condition 8. An attractive customer base 9. Product Innovation skills 10. An attractive customer base
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In 1945‚ Indonesia proclaimed its Independence from the Dutch. A strong nationalist named Sukarno lead the movement‚ soon followed by Suharto. Having to be ruled by the Dutch for many years‚ Indonesia had to build everything from the start. They suffered in unification due to their diversity‚ and faced economic and government instabilities as a new nation. During this period of unstable economy‚ Indonesia have violated many human rights. However‚ their strong belief of Independence helped them become
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Bandung‚ Indonesia Place to place and city to city. There is plenty much to see in this world. From Bandung to Melbourne—London—New York. What is really matter‚ though‚ it is not where you at. What matters most is‚ well‚ YOURSELF. Bandung (pronounced [bənˈduŋ]) Indonesian‚ Kota Bandung is the capital of West Java province in Indonesia‚ and the country ’s third largest city‚ and 2nd largest metropolitan area in Indonesia. Located 768 m (2‚520 ft) above sea level‚ approximately 140 km southeast of
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achievement and successful trading. ABOUT INDONESIA Indonesia is the fourth largest populated country in the world and is located in Southeast Asia. South East Asia is home to more than 24 million people and Jakarta‚ Indonesia’s capital city‚ has more than 9 million people situated within it. Indonesia covers 1‚904‚569 sq km and is positioned 500 S and 120 00 E from the equator. Indonesians speak various languages including Bahasa Indonesia‚ fluent English and Dutch. As a result of the
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Adoption of the Cloud Business Model in Indonesia: Triggers‚ Benefits‚ and Challenges Ivonne Sartika Mangula1 Universiteit Utrecht Princetonplein 5‚ PO BOX 80089 3508 TB‚ Utrecht +31 30 253 54 33 Inge van de Weerd VU University Amsterdam De Boelelaan 1105 1081 HV Amsterdam +31 20 598 31 32 Sjaak Brinkkemper Universiteit Utrecht Princetonplein 5‚ PO BOX 80089 3508 TB‚ Utrecht +31 30 253 31 75 i.s.mangula@uu.nl i.vande.weerd@vu.nl s.brinkkemper@uu.nl The objective of this paper
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I. INTRODUCTION PT Garuda Indonesia (Persero) Tbk (IDX: GIAA)‚ publicly known as Garuda Indonesia‚ is the flag carrier of Indonesia. It is named after the mystical giant bird Garuda of Hinduism and Buddhist mythology. It is headquartered at Soekarno-Hatta International Airport in Tangerang‚ near Jakarta‚ the capital city of Indonesia. Most Garuda Indonesia shares are owned by the Indonesian government; the airline employs 5‚808 staff (as of December 2010). According to the sacred
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