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ECONOMY AND POLITICS
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Current Affairs Indonesia – November
2009
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As expected, Susilo Bambang
Yudhoyono (nicknamed “SBY”) won the presidential election of
2009 in the first round with 60% of the votes. A few months back
his party came out first in the parliamentary elections, giving
him a broad power base to lead Indonesia the coming five years.
His success is welcomed by most commentators, since SBY showed
promising results during his first mandate: stable
economic performance, serious attempts to curb corruption
practices, improvement of the country’s infrastructure, among
other things.
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When it comes to economic structure, Indonesia resembles its neighbor China.
Exports make up around 40% of the economy with domestic consumption accounting
for 60%. This explains to a large part why both countries still show positive
growth rates despite the global recession. This year, the Indonesian economy is
expected to grow 4.3%.
The Indonesian Rupiah (IDR) has appreciated 13% to the USD so far in 2009. The
currency has strengthened to IDR 9,280 per USD on October 15 and is now trading
around IDR 9,500. Bank Indonesia’s benchmark interest rate is at a record low of
6.5%, thanks to low inflation and positive economic outlook. During the Asian
crisis of 1998 the central bank’s interest rate was over 50%.
Indonesia has come a long way and the recovery through both economic and
political reforms is living proof of this country’s wealth in people and
resources making it an important player in the world economic scene for the
years to come.
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PRODUCT HIGHLIGHT
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Tripper's Nutmeg (Origin : Indonesia)
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RHINO NUTMEG™ is available
either whole or ground to your specifications. It is always
packed fresh. Tripper follows a strict quality control for
cleaning and removing aflatoxin to ensure results within
mandatory limits.
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CODE
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DESCRIPTION
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PACKING
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1.RHIN30
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Nutmeg Ground 30
Mesh
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50 Lb/Cs
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2.RHIN30O
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Nutmeg Ground 30
Mesh Organic
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50 Lb/Cs
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3.RHIN18O
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Nutmeg TBC 18 Mesh
Organic
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50 Lb/Cs
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4.RHIN01O
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Nutmeg Whole
Organic
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50 Lb/Cs
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| BEHIND THE ANIMAL LOGO |
Rhinoceros, or Rhino, is
the name of a group of five species of odd-toed ungulates in
the family Rhinocerotidae. Two of these species are native
to Africa and three to southern Asia. Three of the five
species—the Javan, Sumatran and Black Rhinoceros—are
critically endangered. The Indian is endangered, with fewer
than 2,700 individuals remaining in the wild. The White is
registered as "vulnerable", with approximately 17,500
remaining in the wild, reports the International Rhino
Foundation.
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| What is a Rhino ? |
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TRIPPER NEWS
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TRIPPER FOR THE EARTHQUAKE
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On September 30th mother nature demonstrated
her power once more with a 7.6 magnitude earthquake in West Sumatra. The quake
has killed over a thousand people and injured many more only in a few minutes.
As a token of solidarity, Tripper has donated 5MT of rice to the hardest hit
families in the cassia production area, as well as candles from our sister
company California Candles. Through our network of cinnamon suppliers the
rice and candles have been distributed to those in need.
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New one gallon jug (HDPE)
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Seven years ago, Tripper developed a special
one-gallon bottle for our vanilla extracts. Because sourcing of this custom made
“tip and measure” bottle has become increasingly difficult, we have decided to
phase it out. Only the MACA2XO will continue to be bottled in it for the time
being. All other vanilla extracts will be packed in this easy to handle and less
costly plastic (HDPE) one-gallon jug from now on. Also COBR1X will be available
in this one gallon jug. Off the Shelf Oxnard
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Terms and Conditions of Sale available at our website
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Last month we consolidated our terms and conditions
relating to quality, price and delivery, as well as credit and payment
terms, in one clear document. Tripper Inc. and Tripper Nature Terms and
Conditions of Sale can be consulted and see at:
Terms And Conditions Of Sale
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"Go Green"
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Starting November 2009, we would like to minimize the use of
papers to support "Go Green" activities. All the invoices to Customers will be
sent online through Customer's webmail. Paper invoices will be send upon request
to accounting department.
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