Add Petroleum Production, Pertamina drilling four wells

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To increase oil production, PT Pertamina Hulu Energi is conducting a drilling four wells in West Madura Offshore (WMO). Wells are being intensively explored today are PHE N-1 (Rig Bohai-8) which has been drilled to a depth of 3491 feet.
Operational Director of PT Pertamina Hulu Energi, Eddy Purnomo said in addition to drill exploration wells paa, PHE also is conducting development drilling on wells, the PHE 54A-1 (rig Java Star)
“Today, Java Star up in the depths of 2045 feet,” said Eddy Purnomo at the Ministry of Energy and Mineral Resources, on Tuesday (16/07/2013).
PHE ONWJ also are exploring the development of PHE wells 40A-7R (rig Harvey Ward) drilled at a depth of 3077 feet, and PHE development wells 38B-7 (rig COSL Seeker) reached a depth of 2007 feet.
To note, during the first half of 2013, oil production of Pertamina Hulu Energi West Madura Offshore reached 10,220 barrels per day (bpd), or about 50 percent of which has been targeted at 20 443 bph.
But the number of such production under the same target is not met, the low realization of production in the first six months of this because in the early years of oil production is still below 10,000 bpd.
“Pertamina had experienced problems in mounting platform (platform) and the addition of new drilling rigs,” said Eddy.

Food Production Down 50 Percent in North Sumatra

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Realization of crop production in North Sumatra until May 2013 is still below 50 percent, as the impact of extreme weather.
Secretary of the Department of Agriculture of North Sumatra, Lukman Nulhaim Dalimunthe, in Medan on Monday, revealing, for the realization of the rice crop production until May 2013 reached 1,691,353 tons, or 43.64 per cent of the target this year.
While corn production reached 522 696 tonnes or 34.99 percent of the target 1.49405 million tons, while Soy lower that 32.22 percent or 4,361 tonnes from 13 533 tonnes of production plans.
He admits, there is also interference in rice, corn and soybeans in North Sumatra caused either disease, drought and mice.
But the attack was still judged to be too intrusive and the Department of Agriculture has done handling the disturbances on the plant.
Chairman of the Indonesian Corn Growers Association (Hipajagin), Jemat Sebayang said rat infestation has lowered corn production farmers in North Sumatra nearly 20 percent of the average farmer yields a number of 8-10 tons per hectare.
Rat attack occurred in Karo and Langkat and was followed by extreme weather caused corn harvest in July-September certainly reduced.
In Karo, the attack occurred in the District Mardingding rats, Lau Balem and Tigabinanga.

Financial Industry harmed? Reported to FSA

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JAKARTA– Customers can complain to the Financial Services Authority (FSA) if aggrieved by the financial industry. In addition, the FSA will also provide facilities to the settlement of a dispute with a customer related financial services company.

The field of Education and the Commissioner of Consumer Protection Kusumaningtuti Soetiono FSA said the facility’s completion of customer complaints made ​​to the complaint which indicate disputes in the financial services sector.

“But there are conditions that must be met if the customers want to complain about cases of negligence related to the financial services industry, both banks, non-banks, insurance and capital markets to us,” said Kusumaningtuti during a press conference in his office, Jakarta, Tuesday (30/7 / 2013).

Terms include a maximum nominal value of Rp 500 million loss for customers in banking, capital markets, pension funds, life insurance, financing, mortgage companies or guarantees.

Meanwhile, general insurance, could face losses reported to the FSA maximum of Rp 750 million.

To that end, the aggrieved customer can submit a written application along with supporting documents related to the complaint. On the other hand, financial services businesses has also made efforts to resolve the complaint.

“However, customers are not able to accept the settlement or have passed the deadline as stipulated in the rules of the FSA,” he added.

Kusumaningtuti adds, filed this complaint is not a dispute that is being or has been decided by the courts or other mediating institutions.

In addition, the complaint merely civil, have never facilitated FSA and the complaint does not exceed 60 working days from the date of settlement of complaints result businesses of financial services to consumers.

United Tractor Dividend Coverage Rp 2.31 Trillion

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PT United Tractors Tbk (UNTR) will pay dividends of Rp 2.31 ​​trillion, or Rp 620 per share to shareholders. Issuer’s stock dividend UNTR coded 40% of net income in 2012 which reached Rp 5.78 trillion.

“Distribution of cash dividends amounting to Rp 620 per share, including the interim dividend of Rp 210 per share,” said Secretary Sara Loebis United Tractor Company after the General Meeting of Shareholders Year (AGM) Hotel Ritz Carlton Pacific Place, Jakarta, Monday (22 / 4/2013).

The interim dividend was paid on 2 November 2012, while the remaining Rp 410 per share will be paid on May 31, 2013.

“In addition to dividends, the shareholders also approved the residual net income after dividend will be recorded as income in the resistance,” he added.

In the same place, Finance Director of United Tractor Gidion Hasan said, the company is ready to pour the period 2013 capital expenditure (capex) of U.S. $ 230 million.

“Most of the U.S. $ 197 million to our subsidiary PT Nusantara Pamapersada (Coal Mine),” he said.

United Tractor currently has three business units namely the type of Komatsu heavy equipment sales, contractor mining, and coal mining concession. This year, a subsidiary of PT Astra International Tbk is planning to enter the ship-care industry.

United Tractor at this year expects to sell 5,000 units of weight or decrease of the period amounted to 6,200 units sebelunya. This decrease occurs because the coal and oil commodity prices are still volatile.

Peek Cigarette Factory Home Based Sami Jaya

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Cirebon – In the midst of the market dominance of branded cigarettes cigarette factory large, apparently non home-based products can still survive. Just look at the cigarette brand Sami Jaya and Panamas, the original production of cigarettes Cirebon is not losing fans who make the factory continues mengebul.

Cigarette Factory (PR) Fertile, is one of the many manufacturers of cigarette manufacturers households in Cirebon, West Java.

In the event the review is held with the Ministry of Finance, detikFinance got a chance peek direct production activities Cirebon original clove cigarettes.

“I started this business since 1971,” said the owner of PR Fertile, Hussen Nawi at its plant in Cirebon, West Java, Saturday (12/07/2008).

Manufacturing site is located in the village of Astanalanggar, District Losari, Cirebon, West Java. At first glance, the location of the factory is not like a cigarette factories that use advanced technology machines.

Machine owned simply because these types of production Fertile PR categorized Clove Cigarettes Hand (SKT). So entirely produced by hand, starting from pelintingan up packing.

Wide each plant was no more than 60 square meters. PR Lush has two production rooms, one for producing brand Sami Jaya, another for the brand Panamas.

“Our cigarette brands there are two, and Panamas Sami Jaya,” said Hussen.

Hussen said the two brands produced by 75 bales per month. Approximately one bale contains 200 packs of cigarettes. So the total production of about 15 thousand PR Fertile packs per month.

“The number of factory employees there are 100 people. They work alternately,” said Hussen.

Pelintingan production schedule up packing only performed for 10 days in 1 month. The rest is for pre-production and distribution process.

“Every 10 packs we can Rp 500. On average, one day we can Rp 10 thousand,” said one factory worker.

The two brands selling price of Rp 1,750 per pack, inclusive of excise. According to Hussein, the selling price at the distributor level in the market or about $ 2 thousand per pack. So a month turnover of approximately USD 26.25 million.

“Gain (profit) is not so big yes. Approximately Rp 100 thousand per day. Least sufficient to meet daily needs,” said Hussen.

Although profit is not

TVS Dazz 200 Production Units Per Day

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TVS brand sole agent, PT TVS Motor Company Indonesia today begin mass production of the first variant of the first automatic motorcycle in Indonesia, named TVS Dazz. The factory is capable of producing up to 200 units of motorcycles per day.

“Just today we started mass production,” said Supervisor Vehicle Assembling Agus Ahmad Yani on Tuesday, July 23, 2013. Agus said, since the events shown in Pekan Raya Jakarta some time ago, TVS Dazz has ordered 500 units. So, the company aims to meet the demand until the end of July. “All requests are still coming from Jakarta area,” he said at TVS factory in Karawang.

TVS Dazz, said Agus, a prime TVS matic production in the country. This bike has some new offers ride comfort than the i-cas facility. On the left side, right under the horn panel, there is equipment to recharge the phone.

Energy is channeled directly from the main batteries. If the engine is turned off, power the phone can be recharged for 4 hours. However, if the engine starts, the refilling process can be done as long as it takes. “In the long-distance travel can all recharge mobile phones,” he said.

In addition, said Agus, the capacity of TVS Dazz larger gasoline which is around 6 liters. Dazz TVZ also use tubeless tires, which is the first bike that uses tires without inner tubes. With a capacity of 110 cc bike is still using combustion system with a carburetor. Injection system, he said, is still considered at risk with flood-prone Jakarta. “Injection should be replaced if submerged in water. Costs are very large,” he said.

For motor assembly components, Agus said, is 100 percent assembled in Indonesia. As many as 60 percent of its components are made in the country. While the remaining 40 percent is imported from outside. Machine and headlamp still imported from India. “Frame and tires and some other major component is our production,” he said.

BNI Net Income Grows 30.2%

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PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.

Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.