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Oriflame Indonesia last year to give the largest contribution to total global turnover reached more than 1 billion euros, according to one executive, yesterday evening.

Fauzi Abdullah Sidik, Chairman Oriflame Indonesia, the executive said that in 2007 Indonesia’s biggest contribution to the world of Oriflame incame from 2.2 million consultants.

Of the total proceeds from these, he said, the positions of Oriflame is at sixth position in the world. While for this year, Oriflame party headquarters in Sweden’s target position increased to five major dunia.Atas achievements by the consultants (or members) during 2007, Oriflame Indonesia last night held a Gala Dinner at the Hotel Shanri Oriflame 2008 -La Jakarta. On occasion, the parties Oriflame give awards to the consultants who excel in various levels throughout Indonesia. Read the rest of this entry »

The French government yesterday announced a reform of the pension system by raising the retirement age to 62 years. AFP launched, increasing the retirement age is the middle way to reduce the budget deficit and avoid a clash with unions.

“Rescue our pension system is a very important action,” said Secretary of Labor during the conference Wrth Eric Frenchman pressed to explain the reform of the pension system reported by AFP on Thursday (17/06/2010).

He announced to increase the retirement age from 60 years to 62 years in 2018. Reform of the pension system is the agenda of French President Nicolas Sarkozy to win the 2012 election. French unions reject these reforms and threatening to strike and demonstrations until the reform was canceled. Working longer is inevitable. “There is no better solution,” added Wœrth. Read the rest of this entry »

Asian stock markets rose in early trading successfully Monday (6/14/2010). Strengthening the positive impact of related reports showed consumer confidence in the United States (U.S.) grew to its highest level since early 2008. As quoted from the Associated Press on Monday (6/14/2010), Japan’s Nikkei index gained 151.51 points, or 1.6 percent to a level of 9856.76 in morning session. Investors are also chasing profits for Japanese exporters to the value of the yen eased.

Meanwhile, South Korea’s Kospi index gained 1.1 percent to 1693.28. Australian stock market was closed Monday for public holidays. Hong Kong’s Hang Seng Index rose to 0.8 percent to 20,024.13. Shanghai stock market closed Monday, while shares in Taiwan rose 0.8 percent in early trade.

A number of investors taking advantage of a private report Friday showing U.S. consumer confidence in June that has soaring to its highest level since January 2008. This is encouraging news on consumer spending alone accounts for 70 percent of the American economy. Read the rest of this entry »

The price of black gold world of work rose above the level of USD73 per barrel, at the close of trading Wednesday, (06/02/2010) local time. This brings benefits for the traders, due to the loss cleared seajk corrected early trading, traders said. As quoted from the AFP on Thursday (06/03/2010), for New York’s main contract, light sweet crude for July delivery, rose $ 1, 2004 to the level of USD73, 62 per barrel. Meanwhile, crude for London’s Brent North Sea for July delivery rose $ 1, 65 to USD74, 36.

Wall Street managed to turn up on Wednesday and European equities regained some of their losses as investors hunt action shares have fallen sharply on fears the euro zone debt and the global economic recovery. The Dow Jones Industrial Average rose 0.31 percent at the opening, a day after falling amid fears of new European bank problems and a decrease in growth in China, as well as cope with rising costs of the Gulf of Mexico oil spill disaster. Meanwhile, pending home sales rose for the third carrying the current month in April as home buyers rushed to sign the contract before the expiry of government’s tax credit

Prime Minister Wen Jiabao yesterday warned that the world must remain vigilant against the risk back to the brink of economic collapse along with the worsening debt crisis in Europe. He also asked the government did not draw premature stimulus from the economy.

“A Few people assume the global economy had recovered and they tried to pull the stimulus of economic policy. I think it is too early,” Wen said when meeting with Japanese Prime Minister Yukio Hatoyama in Tokyo, quoted from Reuters.

During his visit, Wen also said that economic recovery is still vulnerable to various risks still threaten. He asked for international cooperation to solve crimes crisis. According to him, today’s world requires preparation to face a difficult future. The reason, he said, the debt crisis in beberepa European countries could have an impact on the recovery path that will bring changes in the European market. “In this case China ensure the persistence of a sense of crisis,” Wen said