Month: January 2017

Projected industry growth of 6.5 percent

Published / by jiukuaiy

National industry growth is projected to end the year at 6.5 percent, in line with national economic growth sought to remain above six per cent.

“I am optimistic the industry growth of 6.5 per cent until the end of the year,” Industry Minister MS Hidayat said after giving the poor kapada Eid gifts and employee groups I and II in the Ministry of Industry, said here on Thursday.

He asserted that the target can only be achieved if other ministries involved escorting a number of investment plans in the industry in order teralisasi this year.

Ministry of Industry, he added, still rely on labor-intensive industries, such as textiles and footwear, as well as other technology-intensive industries and are able to give effect to the creation of the industry chain and new business growth as a draft.

“Labor-intensive industries absolutely must be maintained and are allowed to survive,” said Hidayat. It was judged too important to keep going no huge unemployment in the country.

Hidayat believes processing industry, including the furniture industry, still has a growing trend, compared to primary raw materials-based industries whose prices are falling. Moreover, he said, consumption in the domestic sector is still a mainstay of the national economy, in addition to investment and exports.

“The government agreed to seek national economic growth of not less than six percent,” said Hidayat, who had previously participated in a meeting with the Governor of Bank Indonesia five economic ministers to discuss the current macroeconomic situation.

To keep the national economic growth remained above six per cent, he said, among other things to keep the unemployment rate did not increase, so labor-intensive industries play an important role.

Three options for the sugar mills Kigumas

Published / by jiukuaiy

Sugar Sugar Factory Industrial Society in the village of rewards, Gondanglegi District, Malang, East Java, has not operated in accordance with expectations, but construction costs are not small. Malang Regent Rendra Krishna prepared three options that will be taken to the rescue.

“There are three options to be offered to the continuation of the sugar mill, but until now still not sure which option will be selected district government,” said Renda Krishna in Malang, Friday.

Three options for the fate of Sugar Industrial Estate Society (Kigumas) which was built in 2003 it is whether it will be sold, or donated to community cooperation. Which option will be taken subject to approval by the board of the district government.

Further Rendra said a number of attempts have been made by the regency of Malang, including conducting due diligence and legal opinions in 2012. Currently also being conducted appraisal (valuation) to calculate how much the value of the actual building Kigumas.

He was admitted to the present PT Kigumas previously built with the hope to contribute to local revenue (PAD) and improve the welfare of sugarcane farmers, it is still not operating as expected.

In fact, the Renda, the condition lasts long enough. Moreover, after the emergence of case law in the area of ​​industrial projects plantation society (kimbun) which spread to PT Kigumas, for being one of the evidence in the case.

“We hope this problem has a solution soon so Kigumas can operate according to expectations and objectives in its development,” said Renda.

Chairman of Malang Regency Saso previous day also questioned the handling and assets that do not generate revenue Kigumas at all, even the condition of buildings and equipment gilingnya also “stalled”.

Kigumas Sugar Factory which was inaugurated by President Megawati Sukarnoputri to-5 was built starting in 2001 with a budget of Rp30 billion from the budget revenue and expenditure (budget) Malang.

Kigumas initially built to accommodate the farmers who harvest sugar cane annually excess production, so it must be sent to a number of areas.

Kigumas development on an area of ​​11 thousand square meters that can be targeted return on investment (BEP) after one year of operation. Initial design is able to produce sugar Kigumas super category one with a production capacity of 250 TCD.

Net profit of PLN “Skyrocket” 15,305 Percent

Published / by jiukuaiy

Net income of the State Electricity Company (PLN) in the first half jumped 15,305 percent in 2013 to Rp 4.77 trillion from the same period the previous year which is only Rp 31 billion.

In a financial report submitted to the Indonesia Stock Exchange on Tuesday (07/30/2013), note that the net profit of state-owned electricity skyrocketing is because the company no longer record foreign exchange translation losses. A year earlier, the company suffered losses of up to Rp 6.74 trillion, and the first half of 2013 the company recorded an exchange gain of Rp 909.45 billion.

The company recorded sales of electricity during the first 6 months of 2013 reached Rp 71.6 trillion. Number rose 15.15 percent from semestar I-2012 amounted to Rp 62.18 trillion.

Meanwhile, the amount of subsidy received from the government at the end of June reached Rp 43.8 trillion, down 8.9 trillion from Rp 48.08 trillion a year earlier. Thus, total revenue reached Rp 116.73 trillion in the first half of 2013, up 4.8 percent year on year.

On the other hand, due to rising liability company, PLN also recorded a rise in interest expense to be paid. In the first half of 2013, the cost of funds to pay the state-owned electricity reached Rp 13.74 trillion, an increase from the first half of 2012, Rp 11.46 trillion.

Bank Permata Raup Rp 818 Billion Net Income, Grows 15%

Published / by jiukuaiy

Jakarta – PT Bank Permata Tbk recorded a net profit after tax (consolidated – unaudited) of Rp 818 billion in the first half of 2013, an increase of 15% over the same period in 2012.

Total operating income reached Rp 3,205 trillion in the first half of 2013, 12% higher than the same period last year of Rp 2,859 trillion, driven by good growth in net interest income and fee-based revenue (fee-based).

The net interest income grew 12% yoy to Rp 2,568 trillion, with sustained strong credit growth. While the revenue-based fee (fee-based income) rose 11% yoy to Rp 638 billion.

Director of Permata Bank, David Fletcher said the company’s operating performance improved strongly in the first half of 2013 was made possible through corporate discipline in carrying out the strategy.

“Permata Bank ended the period with a strong record of financial performance and good momentum in both segments of retail and corporate banking business (Retail and Wholesale Banking),” he said in a press release on Tuesday (07/30/2013).

The second half, continued David will bring a new challenge in the form of increased interest rates and the dynamics of the economy.

“Nevertheless, we believe that the Bank is in a good position amid this uncertainty,” he said.

In the first half of 2013, loans grew by 27% yoy from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013. Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market. Total assets reached Rp 144.3 trillion, up 31% yoy from Rp 110.6 trillion as of June 30, 2012.

More diverse funding base and grow sustainably. Third-party funds, including the Sharia – increased 32% yoy to Rp 116.1 trillion, where current and savings accounts (CASA) each recorded an increase of 16% yoy and 6% yoy. Meanwhile deposits recorded strong growth at 41% yoy. Sharia financing recorded a significant increase in the amount of 95% yoy.

Excellent credit quality reflects the Bank’s compliance to always keep the principle of prudence. Non Performing Loan (NPL) Gross improved to 1.2% as of June 30, 2013 compared to 1.6% in the previous year. Similarly, the net NPL has also improved to 0.4% from 0.5% in the same period last year.

Permata Bank also maintains a healthy level of capital to risk weighted assets (RWA) and ended the period with a Capital Adequacy Ratio (CAR) of 15.6%, up 232 bps compared to the previous year in spite of the strong credit expansion. Shareholders’ equity grew 35% yoy to Rp 13.2 trillion at the end of June 2013, supported by a limited public offering / PUT (Right Issue) by the Bank in the year 2012.

Bicycle merchant turnover increased

Published / by jiukuaiy

Coming to commemorate the anniversary of independence of the Republic of Indonesia (Independence Day), turnover bike trader in the Market Development Pangkalpinang increased 30 percent, due to increased demand for bicycles.

It is the custom every year to commemorate the anniversary of Independence of the Republic of Indonesia held a parade cycling ornamental, “said A Kim, traders in the Market Development Pangkalpinang bike on Sunday.

He explained that the demand for bicycles of various sizes up to 5 to 8 units a day, when compared to previously only 2 to 3 units a day, even during the day there is nothing to sell at all.

“Currently bike trader turnover reached Rp1 million to R1, 5 million per day, compared to 300 thousand previously only Rp500 thousand per day,” he said.

He said the current demand is dominated by bikes bikes for children and young women, while for men a little less, “he said.

Meanwhile, the price varies depending on the size of the bike and the brand price offered is around Rp500 thousand per unit up to Rp1 million per unit.

According to him, the increasing demand for bicycles is only temporary because after Independence Day typically requests again deserted.

“People prefer to use motorcycles instead of using a bicycle dikayuh, with cycling when our bodies to be healthy and free of pollution,” he said.

Hardi, other bicycle traders said, ahead of the Independence Day bike trader harvest due to increased sales of bicycles so that merchant turnover increased.

“Sales of bicycles on Independence Day is almost every year there is an increase, but after that, sales declined again, because there is still low awareness for cycling,” he said.

“I just hope the bike demands a typical day could continue to rise, so the bike stable income traders,” he hoped.

Astra International Records Profit Rp 8, 8 Trillion

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PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion.
“The performance of the company and its subsidiaries in the first semester of 2013 mennjukan a slight decrease from the first half of 2012,” said President Director ASII, Prijono Sugiarto in a press release here on Tuesday.
He added that Astra’s net income during the first six months of 2013 also decreased by two per cent to Rp94, 3 trillion, compared to the same period in 2012 amounted to Rp95, 9 trillion,

“Although the outlook remains positive domestic demand, increased competition in the automobile market, rising labor costs and declining commodity prices expected to affect the performance of the business in the second half of this year,” he said.
He argues Astra Group activities remain focused on six core business lines, namely the automotive division, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, and information technology.
Mentioned, several divisions which decreased net income in the first semester of 2013 the automotive division fell by 10 percent to Rp 4, 4 trillion. Net income and mining equipment division fell 24 percent to R1, 4 billion.
Then, the net profit agribusiness division decreased by 25 percent to Rp571 billion. And the net profit and logistics infrastructure division fell by 29 percent to Rp223 billion.
Meanwhile, the division has increased, the financial services division’s net profit rose 19 per cent to Rp2, 1 billion. And, net income and information technology division of Rp55 billion, up two percent compared to the first half of 2012.

Simple Cake and Pastry Experience Will Be A Trends in Indonesia

Published / by jiukuaiy

Not only fashion trends always changing every year, but also the world of pastry. If last year Indonesia was hit by the plague cake colors and bubble tea, this year some pastry chef pastry predicted trend in the country will experience flashbacks.

Chern Chee Yap, Executive Chef and General Manager Bakerzin Jakarta, said that the pastry that was once known to be present again now with the new presentation. “So, pound cake and dry cake will expand again in the next year,” writes Chef Yap via e-mail that is sent to detikfood (27.12.12).

Pound cake is a type of cake is slightly dense texture due to the composition of the flour, butter, eggs, and sugar 1:1:1:1. This traditional cake usually use or oblong loaf pan or Bundt (hole in the middle). Pound cake is a cake that does not use a typical English blend, just the outside, sprinkled with powdered sugar.

In addition, Chef Yap also predicted eclairs (long eclairs with icing on it) with a colorful variety of flavors and savory macaron flavors will become a trend. And he had a discussion with assistant general manager of Bakerzin dessert that will consumers demand this year. According to him, the trend constructed dessert will be present in 2013.

For example, Chef Yap describes ‘dark cherry jam with fresh cream or chocolate cream mixed with brownies’. “Actually, the combination of these ingredients will taste like black forest. However, make the cake taste more full sensation in the tongue and have more value for consumers,” said Chef Yap. He also argues that the trend will be a little mousse cake passed. “Indonesian guests do not really like,” he said.

Chef Ann from Gourmet World also agree with Chef Yap. He considers that the trend this year will lead to back to basic and natural.

“More visible street food, fine dining is somewhat secondary. Molecular Not (gastronomy) again sought. All completely simple, natural, and healthy,” he said when met at the Gourmet World detikfood the show ‘Life Is Short, Eat Dessert First’, Wednesday (01/09/13).

This trend has been seen since the trend of red velvet cake and rainbow ago. Some cake shop has been using natural dyes. In addition, he also saw that the cupcake and home-based business is being widely cultivated in Indonesia.

A matter of taste, according to Chef Ann, Indonesian people more oriented to Japan for about pastry. Actually, Japan has also inspired French pastry, but the Japanese people can adjust to local tastes. Compared to a very sweet French pastry, pastry Japan not too sweet. However, the shape is still beautiful.

“I hope Indonesia can also be so. We have mecca, but for inspiration only. Flavor of its own and we have to use local ingredients. So we are not stuck with the imported materials are hard to find and expensive,” he said.