Monthly Archives: June 2017

Pertamina Oil Production Add 3,000 bpd of Madura

jaysonhyd   June 12, 2017  
Teknologi Komputer

A subsidiary of PT Pertamina (Persero), Pertamina Hulu Energi West Madura Offshore (PHE WMO) managed to increase oil production of 3,000 barrels per day (bah) and 10 mmscfd of gas.

General Manager of PHE WMO H Kardono Bambang said, adding that diproduksikannya wells from the platform PHE 54.

“So PHE WMO production today reached 24,200 barrels per day (bpd) production increased 77 percent compared to the current production was first administered PHE WMO WMO Block on May 7, 2011 and which only amounted to 13.725 bph,” Bambang said in Jakarta, Thursday (1 / 8/2013).

Bambang added that the pavilion PHE 54 bridge is one of three new rigs and one platform improvements constructed and installed after the block is managed by PHE WMO WMO.

“With the completion of projects in the pipeline under the sea 16 inch long 21 kilometers connecting 54 PHE, PHE PHE 39 and 38B to Poleng Processing Platform (PPP), the four wells in Pavilion PHE 54 can begin to be produced,” said Bambang.

Bambang said, in the second half of 2013, PHE WMO will drill nine development wells.

“With the addition of the wells are then expected to meet production targets are already in stake in the work plan budget (Work, Plant & Budget / WP & B) WMO 2013. Semester of 14 thousand barrels per day, until the end of the year hopefully up to 20 443 bpd. We still completed nine wells hopefully rise again, “he said.

6 Decades of experience Tata Motors Enough To Compete in Indonesia?

jaysonhyd   June 11, 2017  
internet-network-generic

India became one of the Asian tigers after China, of course it is very reasonable considering the potential of the industry in India is estimated to be on the increase in every year.

One industry that was writhing in India is automotive. They have a Tata Motors car brand. Tata Motors has even become a world player by buying luxury car brands such as Jaguar and Land Rover.

detikOto and 10 colleagues from the Indonesian media doing a special interview with Karl Sylm who now served as Managing Director of Tata Motors Limited, and other officials at Tata Motors. Here are excerpts of the interview:

1. Experience what it will be brought to market Tata Motors Indonesia? Because Tata Motors will compete directly with the Japanese and European manufacturers, and how you distribute and make sure Tata will be accepted in Indonesia?

Karl Sylm (KS): Thank you for your question. But to answer the difference our commercial vehicles and our position in Indonesia will be answered by Pisharody (Ravindra Pisharody-Executive Director-Commercial Vehicles Tata Motors Limited).

Our experience in domestic and international markets it has entered the age of 60 years, but in fact for the Indian market we have exceeded that time, but for the international market has been 60 years since 1961.

We make sure the products we sell are the best products, more focused on customers who have adapted to the Indonesian market. I think you give us a comparison with Chinese products in Indonesia, but we have a business model and all the products are readily accepted in all markets (global).

I think we are very experienced for 60 years in various countries and groups, we are also very experienced in doing business in international markets. So I think we are very experience, we have been successful and find out who we (Tata Motors) and different from other Indonesian market. In particular I would ask Ravi and Ranjit to add.

Ravi Pisharody (RP): Like what Mr Slym said, we have exported for commercial vehicles since 1961 and has had more than 50 years to sell vehicles outside India.

We have a unique porpolio and I think not only our unique from India or Asia but overall we did have a uniqueness. You have seen all our products, which initially we only sell 20 thousand rupees and now we’ve been able to sell up to 50 or 60 lakh rupees.

So is the case of passenger vehicles, initially we only introduce the Nano and now have a larger vehicle (MPV and SUV). So I think if you look at our portfolio then it could be said of our products can be used in many countries, especially developing countries. And we have a very good portfolio.

We already have 50 market share in many countries such as Sri Lanka, Bangladesh and Nepal. And even in some markets in Africa, South Europe we really have a market share of up to two-digit market share.

So we are not going to enter a market (if not actually) so it is not possible for us to enter the market and then leave the market because we do not succeed or lose interest.

Indonesian markets have in common with the Indian market, so I think that our product will be successful and become a born popular in Indonesia. And to provide an example for you otu like Super Ace and Ace Family is not popular in India, but since 2005 ago until today we have more than 50 percent of our revenues from the commercial.

So we know a lot of the market, especially for the Asian market there is very strong demand for this product (Tata Motors). In addition we have a product that is affordable and I think we will maintain it for the long haul.

We do not just do one step, kmai also invested the company (Tata mill) and we also invested another dimerek, and proof of our success.

And talk to the distribution, we have a vast area and the distribution of scattered large number of countries. So I think we have a lot of space in the countries where we are already operating there and provide an excellent opportunity to utilize and present in Indonesia.

The next answer is also given President Passenger Vehicles Business Unit, Ranjit Yadav.

I think Karl and Ravi had said it all. I just wanted to say India is one of the most competitive markets. Where we (in India) have a variety of brands, such as from Europe, Japan, Korea etc..

And we played here and get success here (India). So we really know how to handle a competition. In addition, we also export as mentioned by Karl well in Europe, South Africa and so on.

And we believe we’ve had a set of portfolios in which they can achieve success. Karl also mention that we have a very young population and similar to Indonesia.

So we focus on the design, driving experience. This and that we’re working for our current product focus.

I know Indonesia is the most connected country in the world. But I think we have learned from India and will study together for the Indonesian market.

So what will we do now, our vehicle will be a solution and will achieve success in Indonesia. Because we have a great product suitability, we have the intention to be in the market for the long term with our portfolio of Nano to SUV.

I think it would be very good (introduced in Indonesia). And we are committed to change and ensure our vehicles suitable for the Indonesian market. So this is a huge commitment from our side but to sell the vehicle and provide the best service. Thank you.

KS: So we have an important point, if we introduce our products and introduce them into the market just not necessarily sure we will achieve success.

So it is important for us to develop our car on the Indonesian market. For example, by using four Design Center. We have one in the UK, one in Italy, one in Korea and we have one in India.

And we will use the centers of the four design centers to ensure we can enter into the global market. And I think it’s very important that we reach the global marketplace.

Besides such training centers (in Indonesia) we will have it. Even prior to our September launch we already have it planned at the end of July, beginning of August and we’ve been able to use it.

This preparation also we do to create the right support for customer service. We have to start up this plan for 8-9 months as a whole.

So that we can provide excellent support on all fronts and not make us not like many other companies. We did it bertahapakan penetrated kesmua island (in Indonesian).

And we will start in Java and Bali, so whatever we do we are very confident, and we will gradually expand our business. So anything that we sell can provide support to customers.

This is something that we believe in and we are ready for it. Thank you.

2. What products to Tata Motors introduced in September 2013, and segment models like what like what?

KS: Okay, for the first model we have not been able to announce today the launch, but how was it for a while longer. And we are very pleased to be reset you all again to Mumbai India.

We will be launching our products as our second step, but we also can not say its products. We had planned it long enough, so we do not come and do something wrong.

The first step is the most important thing, you will remember your first activity, that is why we have taken so long in planning every aspect.

We will introduce the vehicle in 3 segments of both passenger and commercial vehicles and will be announced later. We are very confident will be accepted in the market, because we have spent a long time to prepare for our products.

Believe will get a good response to our products, and our vehicles will be a big market outside India in a short time (in Indonesia). Because we have had up to 60 years of experience diapsar Internasioa. and we have the knowledge in (India) and abroad.

Head International Business Comercial Tata Motors Limeted, Wasan RS: Regarding ASEAN, we have been present in Thailand for 6-7 years. We also have taken the marketplace, both diesel and CNG market unntuk pick-up.

ASEAN is one of the fastest growing automotive markets in the world and Indonesia is one of the biggest markets than in Thailand. We plan to invest in Malaysia, Thailand, and other countries. And Indonesia will be the pivot on which we will build a strategy for ASEAN.

We will also expand to Vietnam, Malaysia and the Philippines. Thailand is a very important pillar for us. We launched the brand in September with our manufacturing facility in Thailand. We expect to do well. Research has been ongoing in parallel to start something similar in Indonesia.

Ravi Pisharody Executive Director-Commercial Vehicles Tata Motors Limited: Indonesia will be a huge market for many of these products.

Will have a dual phase approach. Some vehicles will be launched in September and some stage I will be in the second stage. This will help us achieve and become the largest single business outside India.

Semester I, Oil Production Reaches 99 Percent

jaysonhyd   June 11, 2017  
internet-of-things-010

JAKARTA – Special Unit Managing Upstream Oil and Gas (SKK Migas) said state revenue from the management of upstream oil and gas in the first half of this year reached $ 18, 7 billion from USD18.4 billion target set for the first half year .

While oil production in the same period, managed to achieve an average of 831 118 barrels per day (bpd), or 99 percent of the target set in the state budget in 2013 amounted to an average of 840,000 barrels of oil per day.

Rudi Rubiandini SKK Migas chief, said the achievement of the national oil production up to 99 percent of the budget target has never happened within the last three years. Previous achievements continue to be under 99 percent.

“The successful achievement of oil production and revenues is the result of the hard work of the workers in the oil and gas SKK, all workers Sharing Contract (PSC), leaders and workers in the Ministry of Energy and Mineral Resources, Ministry leaders and workers in other related, among House of Representatives (DPR), Regional Governments and all stakeholders in the upstream oil and gas industry, including the support of the media, “Rudi said in Jakarta, Thursday (08/01/2013).

Therefore, Rudi appreciate and thank them for their hard work and support of all stakeholders in order to increase production of oil and natural gas revenues nationwide so that the target could be exceeded.

“Although there are still many unsuccessful PSC oil production exceeded the target set in the state budget in 2013 but some very well managed PSC exceeded the target,” said Rudi.

Rudi insisted that the entire PSC is still not able to meet the target set in the state budget-2013 as well as targets in the Work Programme and Budget (WP & B) in 2013, in order to immediately improve the performance target is met.

“Performance targets are not reached so soon improved to the national oil production target could also be exceeded. What we are doing right now is working for the state, in the national interest because it lets us collaborate and work together,” he said.

A number of non-technical constraints such as the licensing process in local government, including the issue of sealing oil wells crude oil theft is still a major persolaan in an effort to increase national oil production.

Therefore, said Rudi, the regents are expected to participate and support efforts to increase domestic oil production in order to improve the welfare of the people in Indonesia.

“State revenue from oil and gas are not only enjoyed by the people in the oil and gas producing areas but also enjoyed by the public at the end of the island in the archipelago that has no oil. Due to direct oil and gas revenues into the state account and go straight in the oil and gas revenues in the state budget enjoyed by all people of Indonesia from Sabang to Merauke, “he concluded.

July 2013, PHE WMO Oil Production 22.2 Thousand Barrels

jaysonhyd   June 11, 2017  
003222200_1443199045-Komputer_Transparan

Oil production Pertamina Hulu Energi (PHE) West Madura Offshore (WMNO) back up. If the beginning of June 2013 and in the range of 20,300 barrels of oil per day (bopd), in early July it pierces 22,200 bopd. Increase in production was achieved from 3 new production wells.
WMO block production was 70% higher than when handed over to the government of Kodeco Pertamina Energy, May 7, 2011. When it blocks the production of 13,000 bpd WMO stay. 22.2000 bopd to production performance is also higher than the target set by the oil and gas SKK 20 443 boph.
It is said Senior Executive VP & General Manager of PHE WMO Bambang Kardono after accepting the award from the Governor of East Java Environment on page Soekarwo PT Semen Indonesia, last weekend in Gresik. “PHE WMO has reached a level of 22,200 bopd of oil production,” he said.
He added that the recent increase in production obtained from the drilling of new production wells 38B-5 PHE, PHE PHE 40A-5 and 40A-3. Therefore, it is confident that by the end of 2013 could surpass the average production target of 20,443 bopd given by the government.
Of three new production wells that produced approximately 4,000 bopd. But because it is also absorbed to cover declaining rate reached 50% per year, the production of WMO block can only go up from 20,300 bopd in early June to 22,200 bopd.
“This year we expect to drill 21 production wells and nine exploration wells. Needs a lot of wells drilled since we also had to cope with a relatively high rate declaining, as well as trying to find new oil and gas reserves,” he said.
Bambang added that, in addition to continue to drill new production wells, is now concentrating PHE WMO project complete new installation of the subsea pipeline connecting several new production platform with Poleng Processing Platform (PPP).
“Hopefully early August subsea pipeline installation projects it already can diselesaikan.Keberadaan new pipe that can further increase the production rate of oil-rig a new production platform,” said Bambang Kardono.
Since April 1, PHE WMO continues to increase production from 9,000 bopd to 12,000 bopd. After the break in May 17,000 bopd and 20,300 bopd in June. Peak at the beginning of production back in July increased to 22,200 bopd.
“The climax at the beginning of July back production increased to 22,200 bopd, where it is expected to end in 2013 still continues to rise more than that, do’akan, yes,” said Bambang Kardono.

Mayora Record Profit Growth 34.28%

jaysonhyd   June 9, 2017  
q

PT Mayora Indah Tbk (MYOR) recorded a profit attributable to owners of the parent rose 34.28 percent to Rp451, 51 billion in the first half of 2013 from the same period the previous year Rp336, 23 billion.

As quoted from disclosure, on Wednesday (31/07/2013), the increase in profit was also followed by an increase in the first half of 2013 the company’s revenues were up 6.5 percent to Rp 5, 79 trillion, compared with the previous Rp 5, 44 trillion.

Cost of sales of the company’s first half of 2013 decreased slightly to Rp 4, 30, earlier than Rp 4 trillion, 32 trillion. Gross profit in the first half of 2013 increased to Rp1, 49 trillion compared to previous Rp1, 12 trillion. Burden of the company’s sales rose to Rp679, 45 billion from Rp512, 44 billion.

The Company earned interest first half of 2013 rose to Rp13, 80 billion as compared to the previous Rp 6, 96 billion. Rental income rose to R1, 36 billion in the first half of 2013 from the same period a year earlier R1, 12 billion.

Meanwhile, the company’s profit before tax rose to Rp587, 50 billion in the first half of 2013 from the same period the previous year Rp435, 59 billion.

Total liabilities of the company on June 30, 2013 decreased to Rp 5, 14 trillion compared to period ended 31 December 2012 amounting to Rp 5, 23 trillion. The company’s equity rose to Rp3, 52 trillion in the first half of 2013 from December 31, 2012 amounting to Rp3, 06 trillion.

Dividend Coverage Telkom Rp 7.1 Trillion to Shareholders

jaysonhyd   June 8, 2017  
ar-305279958-622x373

PT Telekomunikasi Indonesia (Persero) will distribute a cash dividend of 55% of net income in 2012. The dividend equivalent to Rp 7.1 trillion, or a minimum of USD 369.1 per share.

In late 2012, the state-owned company posted a net profit of Rp 12.9 trillion or 17.2% when compared with net income in 2011 reached Rp 11 trillion.

Managing Director of Telkom, said Arief Yahya, profit growth was driven by the performance of the company’s subsidiary, Telkomsel, which performs continuous plume.

“Entities subsidiary, Telkomsel is still a major contributor to the company’s business,” Arief said the AGM in 2013, at the Ritz Carlton Pacific Place, Sudirman CBD, Jakarta, Friday (04/19/2013).

“In addition, a special cash dividend of 10% of net income of Rp 1.3 trillion, or at least Rp 67.1 per share,” he said.

The company also set aside retained earnings amounting to Rp 4.5 trillion, which would be used to finance the company’s business development.

In this meeting also approved the addition of members of the Board of Commissioners, by lifting the Commissioner Gatot Trihargo TLKM coded it.

Get Indocement Profit Rp 2.42 trillion in the first semester

jaysonhyd   June 4, 2017  
003222200_1443199045-Komputer_Transparan

Jakarta – Cement producer PT Indocement Tbk (INTP) profit for the period amounted to Rp 2.42 trillion in the first semester of 2013. Acquisition was up from last year’s first half profit which amounted to Rp 2.16 trillion.

Based on the company’s financial reports to the Indonesia Stock Exchange, the net profit was due to higher revenue of Rp 8.91 trillion in the period January to June 2013. “Up from the previous Rp 8.19 trillion in 2012,” said Director of Indocement, Daniele Lavalle, Wednesday, July 31, 2013.

The cement sales Indocement most in Java, which amounted to Rp 7.05 trillion and sales outside Java Rp 1.81 trillion. Cement exports recorded very minimal which is only Rp 49.6 billion.

Indocement recorded an increase in cost of revenue of Rp 4.69 trillion, up from Rp 4.4 trillion. While operating expenses include selling expenses and general administrative expenses also increased to Rp 1.26 trillion from Rp 1.16 trillion in the same period the previous year. Thus, the company’s operating profit in the January – June 2013 amounted to Rp 2.99 trillion.

Some time ago Indocement has signed the commencement of construction of the project P-14 plant in Coventry, Bogor, West Java, Indonesia with PT Sinoma Engineering. Aldo added, Coventry factory was among the company’s three main projects this year. The project is still in the form of semi-finished land (brown field).

The plan, built the factory with a capacity of 4.4 million tons per year. The investment value of Rp 5.5 trillion, while the construction will be completed and began operation in 2015.

Two other major projects, namely the addition of new cement grinding plant with a capacity of 1.9 million tons per year in Coventry, will be completed in the fourth quarter of this year. With the addition, the company is targeting production capacity at the end of 2013 amounted to 20.6 million tons, up from the current 18.6 million tons.

The next project on the land yet so plant (green field), namely the construction of two new plants with a production capacity of each of 2.5 million tons per year with locations in Central Java and outside Java.

Meanwhile, other competitors such as PT Semen Indonesia (Persero) Tbk posted a first half net profit of Rp 2.58 trillion or Rp 436 per share, an increase of 22.9% from the same period in 2012. The revenue stood at Rp 11.4 trillion, an increase of 31.9 percent over the same period last year, which stood at Rp 8.6 trillion.

The increase in revenues was supported by the total sales volume increased by 18.3 percent to 12.23 million tons in the first half of 2013. Domestic turnover amounted to 12.14 million tons (up 18.0 percent) and export sales of 0.09 million tonnes (up 170 percent). While the national cement sales volumes (industry) grew 7.5 percent to 27.83 million tons compared to the previous period, which stood at 25.89 million tonnes.

BSD Spread Rp 262 Billion Dividend to Shareholders

jaysonhyd   June 2, 2017  
internet-network-generic

General meeting of shareholders (AGM) Tbk PT Bumi Serpong Damai (BSD) decided giving a total dividend of 20% of net income in 2012. Shareholders will receive a dividend of Rp 262 billion, or USD 15 per share.

“The ratio of dividends based on the performance achievements of 2012 and the company’s business plan in 2013. Especially concerning the supply of funds is based on the supply of funds for investment purposes, infrastructure development, expansion up operations. Dividends are also a form of appreciation to all our shareholders,” said Director and Corporate Secretary BSD Hermawan Wijaya in the event AGM / EGM BSD at the Ritz Carlton, Mega Kuningan, Jakarta, Thursday (05/30/2013).

In 2012, the company posted a 52.96% rise in net profit to Rp 1.28 trillion, compared to the same period in 2011 to Rp 870.78 billion. It was due to strong revenue growth in all projects, including residential, commercial, land, and industrial.

“This year we are targeting revenue growth of 20% supported by the launch of 10 residential and commercial projects. Company has also set up capex (capital expenditure / capital expenditure) Rp 3 trillion during the year 2013,” he added.

In addition, it was agreed at the AGM, the company will invest 80% of its net profit as retained earnings and general reserves. Proceeds will be used to strengthen the capital structure of the company, especially in business development and operational finance company and its subsidiaries.

At the EGM also approved management’s plan to conduct additional capital without pre-emptive rights (non-ER) to a maximum of 20% of the company’s capital.

“BSD now have the option to use additional capital when needed no later than 2 years after the approval,” he explained.

Dunkin Donut South Korea Cronut Bulk Production

jaysonhyd   June 2, 2017  
119795

Jakarta – Fever cronut was not only struck the citizens of New York City and the United States in general. The pastry lovers in co-infected Asiapun fond of croissants and donuts this marriage, to the extent that Dunkin Donuts South Korea cronut create his own version.

Cronut created by Dominique Ansel Bakery in NYC last May is now widely imitated, including in Japan, the Philippines, Australia, Spain, China, and England. Including in Indonesia. However, because it has made Ansel cronut trademark, they use a different name. Examples are ‘dosant’ in London, England.

Most imitators is a small bakery, bakery. However, in South Korea, cronut recipe adapted by Dunkin Donuts. Pastry called ‘New York Pie Donut’ is on sale in the elite area of ​​Jamsil and Gangnam and Myeongdong.

In South Korea, featuring the image of a Dunkin Donuts donut cafe a la western elite and exotic. As in NYC, Seoul citizens are also willing to queue length in order to try cronut this imitation. Pembelianpun pastry limited to two per person.

Previously, Dunkin Donuts has launched ‘Donut Croissant’ in Manila, Philippines a few weeks ago. However, this global network donut cafe not plan to introduce it in America, the country of origin cronut.

Production of Large and Medium Manufacturing Industries Second Quarter Up 6.57%

jaysonhyd   June 1, 2017  
dere

Growth in production of large and medium manufacturing industries (IBS) in the second quarter rose 6.57% compared to the second quarter of 2012. Central Statistics Agency (BPS), the increase is mainly due to increase in industrial production printing and reproduction of recorded media (19.6%), industrial motor vehicles, trailers and semi-trailers (17.96%), and basic metal industries (15, 67%).

While the types of industries that are declining industrial machinery and equipment were down 13.61%. Textile industry fell 12.46%, industrial rubber, plastic and rubber goods fell 10.7%.

Growth in industrial production and manufacturing of the second quarter were up 1.12% compared to the first quarter The types of industries that experienced the largest increase in electrical appliances rose 10.12%, up 6.42% food industry, and other manufacturing industries rose 6.01%.

While the types of industries that are declining industrial production of chemicals and chemical goods fell 7.76%. Industrial machinery and equipment fell 6.8%, and paper and paper products fell 2.67%.

Bengkulu recorded the highest growth of 16.09%. Up 15.9% of South Sumatra and Riau Islands rose 14.01%. Growth in industrial production and manufacturing of the second quarter were highest in North Sumatra rose 6.04%, up 5.81% West Sulawesi, and East Nusa Tenggara rose 5.17%. Provinces is decreased down 1.2% South Sulawesi and Central Java was down 0.05%