Category Archives: Market and Commercial

Bicycle merchant turnover increased

jaysonhyd   July 3, 2017  
0

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.

Semester I, 2013 The rate of economy is estimated that 5.9% -6.1%

jaysonhyd   July 2, 2017  
internet-network-generic

JAKARTA – Minister of Finance Chatib Basri said he expects economic growth predicted by Bank Indonesia will be at the level of 5.9% to 6.1% in the first half of 2013. This figure was based on global conditions have not improved.
However, the government insists Chatib will strive to achieve economic growth of 6%. Where economic growth will still be in the crutch by domestic consumption. Meanwhile, the investment will experience a slight slowdown. This is evident from the slowdown in capital goods imports are slowing.
In terms of exports, he added, is slowing as economic growth in China and India are slowing. “It’s a little heavy this year. We expect economic growth in the first half of 2013 will be at 6.1%.” he added.
Chatib added economic growth in Indonesia is still ranked second among G20 countries or countries with a Gross Domestic Product (GDP), the largest. In fact, Indonesia’s growth plans remain top despite stimulus cessation of quantitative easing in the U.S. or be executed.
“Economic growth in Indonesia is actually still the second highest number among the G20 countries, China 7.5%, Indonesia 5.9%, and India 5.6%. Indonesia in year-end forecast is still the second highest number, after entering the calculation of quantitative easing,” he explained.
He acknowledged the world economic situation is disturbing economic indicators such as the weakening rupiah and low economic growth. However, the disorder is more to external factors, namely the implementation of quantitative easing, which hit the financial sector due to tight liquidity assumptions.
Chatib describes the condition of the stock market is still relatively good Indonesia grew 7.9% in the year to date. That figure is higher than Thailand at 6.9% and Singapore 2.18%.
“There was shock, our capital markets are relatively good,” he said.
He added that the conditions that weaken the rupiah also not too worried. “Depreciation of our 4.84% is slightly lower than Malaysia 4.7%, Philippines 5.3%, India 6.86%. Past 1 Australian dollar above 10 thousand now 9300’s, it shows Rupiah strengthened. Betul there was turmoil in the Euro but not something that is worrying from gross rate is still ok, “he said.

BSD Bag Sales of Rp 4, 19 Trillion

jaysonhyd   June 29, 2017  
Motobot

PT Bumi Serpong Damai Tbk (BSDE) recorded pre-sales of Rp 4, 19 trillion in the first semester of 2013. The achievement equivalent to a growth of 79 percent compared with the same period in 2012 amounted to Rp2, 35 trillion.

“In the first semester of 2013 BSDE has gained 60 percent or Rp 4, 19 trillion marketing sales target of 2013, the Company determined that 7 trillion,” said Director and Corporate Secretary of PT Bumi Serpong Damai Tbk, Hermawan Wijaya quoted from a written statement the company on Tuesday (16/07/2013).

Accelerated growth, he added, is sustained partnership strategy and solid demand for the products of particular residential property that we offer both in BSD City as well as in other projects that we manage.

Under the project, BSD City as a flagship project of the members of the group Sinar Mas Land posted the biggest contribution to marketing sales which amounted to 82 percent. While Tourism contributes the second largest city with a seven per cent next Grand Tourism Bekasi contribute five percent and others.

Based on segment income, the biggest contributor of marketing sales the first half of 2013, recorded by the proportion of land sales by 64 per cent to the total sales and marketing accounted for by the second largest contributor with 26 per cent of residential sales. This was driven by the sale of the land to the three strategic partners of the Company through a subsidiary that was formed by the joint venture scheme. The three partners are, among others, Hongkong Land, AEON Mall Japan and Dyandra.

“In 2012, contribution of land sales in the range of 32 percent residential and 58 percent was recorded. Segment of land this year be the growth driver for the Company, it is our strategy to double its growth through value creation on land-bank that we manage,” he explained.

Home Shop segment (Shophouse) during the first half of 2013 contributed nine percent or Rp391, 72 billion compared to gains in the same period in 2012 which is Rp169, 12 billion. This segment grew 43 percent year on year (yoy) and became the third largest contributor to the Company’s marketing sales.

Profit Up 273.2 percent Eterindo

jaysonhyd   June 23, 2017  
5-Teknologi

Eterindo Wahanatama Tbk PT (ETWA) posted a first-half net profit rose 273.2 per cent to Rp33, 2 billion compared with the same period last year ie Rp 8, 9 billion.

The growth is in line with the company’s revenue increased 51.2 percent to Rp605, 4 billion. The increase is also supported by the large volume of sales. Sales volume stood at 39,000 metric tons, up by 34.5 percent from 29,000 metric tons in the last year with the average selling price of Rp9, 3 million metric tons in the first half of 2013.

President Director Immanuel Sutarto, stated operational performance during the first half of this biodiesel has increased significantly compared to the same period the previous year.

“We hope that the Government will soon implement a policy mix of 10 percent biodiesel (B10) in 2013 as a way of improving national energy security,” he said in a written statement published on Thursday (08/01/2013).

Gross profit increased 58.8 percent from Rp54, 6 billion to Rp86, 7 billion. Gross margin to 14.3 percent from 13.6 percent the same period last year.

Operating profit jumped by 57.1 percent from Rp34, 2 billion to Rp53, 8 billion. Similarly, EBITDA increased 82.9 percent to Rp66, 3 billion compared with the same period last year ie Rp36, 2 billion.

Equity increased from 0.8 times to 1.2 times as a result of an increase in bank debt amounted to 64.8 percent from Rp350, 7 billion to Rp577, 9 billion
to finance the growth of its business.

Sony Xperia M sold less than USD 2.7 Million

jaysonhyd   June 20, 2017  
internet-network-generic

In addition to the Sony Xperia Z Ultra, Sony Mobile also released the Sony Xperia M. 4-inch screen smartphone is more targeted to the middle class segment.
Although not yet officially decided how banderolnya, but Marketing Manager of Sony Mobile Communications Indonesia Ika Paramita estimated price range of USD 2.2 to 2.7 million. “To be sure the price is still Monday, but likely in the range of the price,” he told Tribunnews.com at the Four Seasons Hotel on Wednesday (24/07/2013).
Sony slipped somewhat royal high specification in this intermediate device. Dalemannya has brought dual-core Snapdragon S4 processor, plus 1GB of RAM. Even so, the screen resolution is only 480 × 854 pixels.
This device has two versions, namely the dual SIM with three colors and single SIM options available in four colors. “What comes first is the single SIM version, which is a dual SIM catch up later,” adds Ika.
Sony Xperia M has also been featured dual camera, 4 GB internal memory, Bluetooth, and NFC connectivity is important. “Excellence NFC connectivity is faster than Bluetooth connection and easy way, just by touch alone,” Ika said.

Profit Dropped 82 Percent BNBR

jaysonhyd   June 18, 2017  
computer_maintenance

PT Bakrie & Brothers Tbk (Bakrie), the parent company of the Bakrie business group, posted revenue of Rp 1.95 trillion in the first semester of 2013, plunged 82 percent over the same period in 2012 amounting to Rp 11.39 trillion.
Bobby Gafur Umar, President & CEO BNBR, explains, during the first six months ni BNBR successful management significantly suppress interest expense and financial expense by decreasing the portion of the debt.
Thus, interest expense and finance
The company fell by 78 percent from Rp 775.79 billion in the first half of 2012 to Rp 172.78 billion at the end of the first half of 2013, “Bobby said in a written statement on Wednesday (31/07/2013).
“It is down when compared to the first half of 2012 revenue gains. This is due to the deconsolidation of our subsidiaries, namely Bakrie Petroleum International Pte. Ltd.. and its subsidiaries, It also had an impact on net profit of the company, “he said.
Based on the company’s financial statements as of June 30, 2013, net income BNBR first half of 2013 reached Rp 8.36 billion, down 96 percent compared to the same period in 2012 amounted to Rp 214.35 billion.
In the report a year ago, perserian still include financial records Bakrie Petroleum International Pte. Ltd.. and Subsidiaries.
While the Company’s profit attributable to the parent entity, in the same period also fell from Rp 61.23 billion to Rp 4.86 billion.
The Company recorded a debt position until the first semester of 2013 BNBR remaining Rp 172.78 billion from Rp 603 billion.

PTPN Unified Create Largest Indonesian Sugar Factory

jaysonhyd   June 15, 2017  
Wireless Charg camry

PT PTPN III, XI, and XII plans to build a sugar factory along with the name of PT Industri Gula Glenmore. Largest sugar mills in Indonesia later this stake by 60 per cent owned by PTPN III, PTPN XI 10 percent, and the remaining 30 percent had PTPN XII.

This determination was Minister of State-Owned Enterprises, Dahlan Iskan, in his office, Jakarta, Tuesday, July 23, 2013.

The plant will produce primary products and white sugar premium products such as bio-ethanol bandwagon, bio fertilizer, and animal feed.

The plant will be built with a processing capacity of six thousand tons of cane per day and will be increased to eight thousand tons per day in the end. At the beginning of production of the company is expected to earn as much as nine percent yield, so the premium of white sugar production could reach nine thousand tons.

The factory is located in East Java will be supplied entirely from plantation PTPN XII. The construction itself is expected to cost Rp1, 5 trillion.

“This plant should be completed within 22 months, since the completion of the project has been adapted to harvest sugar cane grown to be supplied to Glenmore. If it’s too late. Later sugarcane to be supplied to anybody,” said Dahlan.

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

jaysonhyd   June 11, 2017  
gatebox_technology

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  
gatebox_technology

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.

Mayora Record Profit Growth 34.28%

jaysonhyd   June 9, 2017  
internet-network-generic

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.