Log in with your social account LOG INDon’t have an account? Register here Facebook Linkedin The government will focus on the development of the manufacturing and tourism sectors, as well as attracting more foreign and local investment, in order to revive the country’s economic growth, which has been on a downward trend lately amid growing uncertainty in the global economy, a senior official has said.Chairman of the National Development Planning Agency (Bappenas) Suharso Monoarfa said the three sources of growth would be the main focus of the government’s working plan (RKP) in 2021 to revive the economy.“The manufacturing industry contribution [to national GDP] is still below 20 percent, which doesn’t even put us into a semi-industrial nation category. That’s why we have to push and grow the manufacturing sector,” he said in Jakarta on Monday during a ceremony to mark the start of the drafting of the 2021 working plan.He hoped the … Google Forgot Password ? Indonesia bappenas 2021-working-plan manufacturing tourism investment Industrial-Special-Economic-Zone Industry-4-0 Topics :
Tag: 夜上海论坛TN ATP doubles nine-month return as equities surge
Christian Hyldahl, ATPHyldahl told IPE that the pension fund’s investment team was continuing to focus on illiquid assets such as infrastructure and real estate.“We announced the transaction involving Copenhagen airport recently and this investment will go through in the fourth quarter hopefully,” he said. “We are looking at this type of investment that can generate an extra return.”There was a danger when investing in alternatives that investors that were last in the queue could end up with poorer deals, Hyldahl warned.“But if you are patient and thinking long-term in your sourcing of these deals, you can do well,” he added.The pension fund was screening hundreds of illiquid asset deals but was only likely to complete around 10, the CEO said.ATP said listed Danish equities were major performance contributors in the January-to-September period, generating a return of DKK5.3bn.Hyldahl added that the pension fund had performed well in three underlying equity classes, including international and unlisted equities.ATP said the value of its guaranteed benefits fell by DKK17.7bn between January and September, mainly because of rising interest rates in Europe.However, its hedging portfolio had made a loss alongside this of DKK16.4bn, which meant the hedging strategy had been successful, it said.ATP’s investment portfolio consists of its bonus potential, or free reserves, which totalled DKK120.2bn at the end of September.The pension fund’s overall assets – which include its huge hedging portfolio designed to back pension promises – dipped to DKK758.1bn at the end of September from DKK759.2bn at the end of December 2016. Christian Hyldahl, ATP’s chief executive, struck a note of caution despite the strong return.“The outlook is for lower returns in the future as central banks tighten liquidity and raise interest rates,” he said. “While global economic growth seems to be firmly on track, geopolitical uncertainty has increased.”ATP had leeway to take risks, Hyldahl said, but would do so based on an “extremely disciplined” approach to both portfolio construction and risk management to make sure it produced satisfactory results in the long term despite the expected low-return environment. Denmark’s ATP doubled its investment return in the first nine months of 2017 compared with the same period last year, with strong equities performance driving profits.In its interim results for January to September, the giant statutory pension fund said its investment portfolio produced a DKK24.6bn (€3.3bn) return before tax and expenses, equivalent to a rate of return of 24.4%.This was nearly twice the DKK12.5bn return made on the portfolio in the first nine months of 2016.ATP said the return was achieved broadly across the portfolio, but was driven in particular by equity investments.
Tag: 夜上海论坛TN Man Dies in Snowmobile Accident
AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisOnaway, Mich.-One person is dead after suffering injuries from a snowmobile accident.According to the Presque Isle County Sheriff’s Office, the 35-year-old man from Southern Michigan was snowmobiling on trail number 9 south of Millersburg around 11:30 a.m. on New Year’s Day.Onaway and Case Township Fire and Rescue along with EMS and law enforcement were able to remove the victim from the scene by rescue sled. The 35–year-old untimely died from injuries caused by the crash. The incident is still under investigation at this time.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Ice Fisher Lucky to be Alive After Car Sinks in Long LakeNext Man Charged in Alpena With Using ‘Fraudulent Checks’ at Alpena Area Credit Union