APPLICATIONS STILL FACE OBSTACLES SJSN
National Social Security System (National Social Security System), it seems, can not be rolling in the near future. Because, so far, there are no guarantees about the sustainability of this program.
Kabiro Insurance Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) Rachmatawarta Jesus said, National Social Security System should be able to ensure the program can survive. It should be clear 10 years from now if the costs can still be borne by our economy,
Understandably, the Ministry of Health predicts, for the National Social Security System program, the government must provide a budget of Rp 20 trillion a year to pay the premiums. Jesus warned, pattern of premium calculation is not to burden the budget. Should be compared with the gross domestic product (GDP). Suppose now 5% of GDP. Five years from now so what percentage of GDP. Do not ride too fast.
Another obstacle is about the same service guarantee for all citizens (deliverable). The program must be able to ensure policyholders get their rights. That is, if say there is no guarantee of heart surgery by a specialist, so everyone should be able to get it to Merauke. Not until there is a reason there are no specialist doctors there, then replaced the money.
Another matter is the matter of rights and obligations. If premiums pegged to a percentage of salary to get the same service, this will cause problems. Therefore, the salary of each person is different, therefore the premium paid is ultimately different. There must be no larger pay participants think he contributed so much to other people
In fact, social insurance does contain equality because there are subsidies. If the gap is too wide, a greater premium payers can no longer willing to join the program. They can think better just take out private health insurance.
Thus, the National Social Security System could not be considered simple. We also can not assess all health problems can be finished with this program. Do not let the system drop in a matter of years or as the Greek social security system was too over and it was hard for the economy,
Director of Social Security Sinaga Hotbonar same opinion. He said, the challenge is the financial capacity of State National Social Security System, harmonization of regulations, the scope of protection, and legal adjustments to the Social Security Agency Providers (BPJS).
Now, there are four companies designated as BPJS. Ie Social Security, Taspen Asabri, and Indonesia Health Insurance. All four were under the National Social Security Council (DJSN). The authority board must be greater. Do not let no one is watching BPJS.
DJSN not only coordinate and synchronize the program, but perform functions such as capital market regulator. If social insurance off the capital market regulator, there should be provisions unclear who would social insurance.
ALLIANZ INSURANCE ACCIDENT RELEASE GEEZER
PT Asuransi Allianz Utama Indonesia, late last month, launched a personal accident insurance product (PA) or a special accident insurance for customers aged or elderly. Insurance companies that have the parent in Germany this product Senior PA is entitled to meet market demand.
SVP Chief Agency Officer of Allianz Utama Indonesia Banua Sianturi said this during an accident insurance products for customers aged 60 years and over has not been provided by other insurance companies. In fact, accidents can happen anywhere, anytime, and to anyone.
During this time, most insurance companies limit the age of buyers of protection for accident only 16 years of age-60 years. Even if there is more protection than that typically only form of extension and up to the age of 65 years only
In fact, many people over the age of 60 years of age still actively running the business and travel. This product provides peace of mind to them. Many parents who had to retire, we work on this market.
Banua disclose, Senior PA products provided to the insured aged above 60 years to 80 years. With the record, if he was more than 75 years, there should be an underwriter approval. Understandably, the guarantee sum which can be obtained quite large, starting from U.S. $ 100,000 or USD $ 1 billion.
Benefits provided by Allianz is FINANCIAL reimbursement if the insured had an accident resulting in death or total permanent disability. This product can also be extended with the replacement of medical costs in the accident. Senior PA product is also equipped with compensation for funeral expenses up to U.S. $ 1,000.
Allianz offers premiums ranging from U.S. $ 150 according to the amount of money insured. This new product will be marketed in all areas of the sales of Allianz.
Despite great potential, Allianz did not set high goals for this product. Until the end of this year 2010, Allianz hopes to sell as many as 1,000 policyholders. The reason is because the risk of a Senior PA products is higher than other products.
Surely we apply the underwriting process more stringent. In the underwriting process, Allianz will see a prospective client's health history. They are also more selective to receive coverage.
RESULTS LOW, DAPEN WILL NOT SIGN KIK-EBA
Despite a year away, the pension fund industry (Dapen) has not been much looked at portfolios of collective investment contract of INVESMENT in asset-backed securities (KIK-EBA). They think the product is not very profitable INVESTMENT.
Dapen rather than dodge, but wait and see. It takes time, because this new product. This year, it seems not many people there, said Executive Director of Indonesian Pension Fund Association (ADPI) HMDaryono.
ADPI Chairman Djony Rolindrawan added, KIK-EBA portfolio valued not yield desired by the pension fund. Most pension funds tend to choose a portfolio such as corporate BONDS, and debentures (SUN), which gives higher yields.
We have not included in eg the KIK-EBA because of its risk premium is too small. Also yields only about 1% above the GS with the same tenor.
President Director of BANK MANDIRI Gatut Dapen Subadio revealed, his party had not yet decided whether the year 2010 will begin exploring the KIK-EBA or not. KIK-EBA market liquidity have not spelled out. Intention to go there, but of course, risk, yield, and market into consideration.
BANK MANDIRI Dapen more interested to invest in bonds. Year 2009 and then, BANK MANDIRI Dapen bond portfolio reached USD 660 billion, equivalent to 30% of the total INVESTMENT.
For the year 2010, the Gatut project, will add to their bond portfolio to 32%. Gatut not tell you how the total value of their investments this year 2010.
Dapen who had gone into investment, KIK EBA is Dapen of BTN. Despite double-entry, Dapen BTN Membership Director Sukiswanto said, his party had not yet decided whether to add to their portfolio KIK-EBA this year 2010, which is currently portions are still no more than 10%.
There are still factors to consider to raise the composition. Can we raise, but will also depend on the interest, deception Sukiswanto.
SHARIA UNIT REVERSE, JAPRO NOT REVISED TARGET
Although no one has also obtained permission for the establishment of sharia unit, PT Asuransi Jaya Protection (JaPro) does not intend to change the target year 2010 was the acquisition premium. Director JaPro Prawiro Nicolaus said it was preparing another strategy to achieve these targets.
JaPro will boost health insurance premiums and adding branches. So we are not revising the target premium of Rp 800 billion in 2010, the
Problem establishing sharia units, Nico says, launching just waiting out the permission of the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK). Management of all affairs are ready. Board of Directors and commissioners already fit and proper test. His office is also already there. Stay green light from regulators wait for it.
At first, optimistic JaPro can launch sharia unit last April 2010. Sharia unit will later be known as PT Jaya Takaful Protection. Now, JaPro not dare set a target when his company could enliven the Islamic insurance industry.
About health insurance business, this 2010 JaPro choose to focus on the consumptive nature of insurance business. If previously we were more often working on vehicles and property insurance, we try another business. We already cover the risk stuff, why not cover people with health insurance risk. Although the focus of work on health insurance business, Nico admit, this product will not give the dominant contribution to the target acquisition premiums in 2010. JaPro only target premium of Rp 50 billion from health insurance until the end of the year. While for most large portion of vehicle insurance reached 40%, followed by property insurance contributing 30% of total premiums and the rest from others.
Year 2010, JaPro also expands to add new branches. Recently, JaPro inaugurated an office in Kilkenny. The next expansion to Pontianak, Purwokerto, Solo, Tegal, Jember, and Manado. Only, JaPro management can not ensure the number of new offices will they wake up in the year 2010. Currently, JaPro has branch offices in Bogor, Kediri, Cirebon, Makassar, Samarinda, and Lampung.
Showing posts with label investments. Show all posts
Showing posts with label investments. Show all posts
Wednesday, June 9, 2010
Friday, June 4, 2010
BUSINESS AND INVESTMENT OPPORTUNITIES
FRANCHISING OF RESULTS Arumanis
Currently there are many food stalls that sell snacks from different parts of the region of Indonesia. However, there are only one or two snacks that are difficult to find, including Arumanis.
Foods made from raw sugar which is often called cotton sugar is only there in a celebration or a festive night market. Difficulty finding Arumanis on ordinary days Arumanis Rainbow deem this as a business opportunity.
Arumanis foods are short-lived. Not because of stale, but the quality of cotton would be reduced if allowed to Arumanis exposed to the wind. Therefore Arumanis Rainbow pack their products in an airtight container. This Arumanis can stand up to a month in air-conditioned room, the word Prana Mangun W., founder of the Rainbow franchise Arumanis.
Rainbow franchise owner Arumanis others, Erika Hayu Puspita, says that products using safe ingredients, including coloring and taste. Special taste, we use the materials for ice cream.
Although founded in 2001, franchised new Arumanis slide in March 2010. Total outlets Arumanis management is currently managed as many as 19 Rainbow stores, spread out in Bogor, Jakarta, and Cibubur. However, while this location is still held his own in the Greater Jakarta area.
In addition to the region, currently has franchises spread across Lampung, Surabaya, and Medan. While the franchise in Bandung in the licensing process.
Arumanis Rainbow offers a profit sharing scheme. The calculation for the results of the negotiations depends on both parties. However, Prana said, typically the percentage of profit sharing with the owner or franchisee locations approximately 25%.
Prospective franchisees can find strategic locations to place his own booth, such as in shopping centers, schools, tourist attractions, and food stores. We will help the process of licensing, said the Heart.
Prospective franchisee to provide enough money to invest USD 20 million. This includes the procurement of capital Arumanis maker, four-booth displays, packaging tubes of small, medium, and large for Arumanis, initial raw materials, support equipment, production training, employee uniforms, as well as software sales.
With one machine, franchisees can sell Arumanis more than one booth. More booth, behind the calculation of capital will also be faster. Although the initial package was only given four booth displays, the franchisee may request additional. One booth USD 1 million, said the Heart. Franchise or royalty fees every year quotes.
Arumanis is sold in three sizes. Arumanis in a small tube for Rp 7500, the tube was USD 9000, and a large tube of Rp 11,000. There are five flavors available are original, bubble gum, orange, clouds, taste wine, and leaves.
Chairman of the Steering Board of Franchising and Licensing Indonesia Amir Karamoy said, the prospects for this franchise is good because this product kids love and adults. Especially if there are attractions making so that children are more interested. In addition, franchisees maintain absolute cleanliness considering its market is children.
RUPIAH roll of the fold ANEKA TEXTILE FABRIC
Raw materials business has always been a fairly profitable business fields. Position as an intermediary between sellers of raw materials by producers of materials so this was as a meeting point both sides producers in upstream and downstream sectors. This also applies to textile fabrics business players.
Plain fabric to target business people engaged in the garment and fashion industry. Although located in the middle, does not mean the money that rotates a half-half.
Bagyo Sotopo, Marketing Manager of PT Kusuma Clothing Mekarjaya (KSM) in Sleman, Yogyakarta, admitted could rake in revenue of USD 8 billion per month. In that period, KSM can produce a variety of fabrics up to 2 million meters.
Actually, this figure is lower than last year's turnover. Bagyo mention expensive fabric yarn prices as the cause. Yarn prices rose 25% this year. He gave an example, the price of rayon yarn types which last year was USD 5.2 million per bale, now a USD 5.8 million. In fact, CBO does not just sell the cloth, but the processing threads to be woven.
Although the yarn price rise, claims can not participate Bagyo increase the selling price of different fabrics. Men 52 years of consumer rate KSM, including batik crafters, will not be able to absorb it if the price is increased.
Companies that stood since 1989 was made of five types of cloth that is Rayon, Cotton, Tetoron, Tetoron Rayon (TR), and Tetoron Cotton (TC). Each type of fabric is divided again in different variants. KSM product prices within the range of Rp 3,000 to Rp 10,500 per meter.
Bagyo market the fabric to Solo, Pekalongan, Malang, Surabaya, Bandung and Tangerang. Buyers from Tangerang exporting our products to the Middle East.
Other fabric businessperson is Ayin. German cloth business owners in Pekalongan was plunged into the business fabric since 1995. He sold the cotton and silk fabrics. For cotton, he used to take it from Solo and Yogyakarta.
As for the silk, he picked up from importers who bring it from China. Because China's famous silk good quality.
Ayin cotton price of Rp 5,000 to Rp 10,000 per yard. While the price of silk USD 10,000 to USD 50,000.
There are 50 regular customers who are spread in Pekalongan Ayin, Pemalang, Tegal, Cirebon, Bandung, and Jakarta. There are also clients in Bali, Jambi, Palangkaraya, and Makassar.
Before Lebaran, its sales could be doubled twice. However, Ayin not willing to call certain numbers every month turnover.
Ayin just said, his business is a competitive constraint to offer the cheapest prices. While constraints Bagyo, in addition to rising prices of yarn, fabric products are competitive with China. In terms of quality, local products from China and there is no difference. But China's price of cloth can be more oblique. Labor costs and electricity costs us more expensive, said Bagyo.
Grow faster than INDIGO ORDINARY
Nila is one type of freshwater fish widely consumed by people in the country. Understandably, this sense of well-known fish meat is very tasty. Do not be surprised, if the demand for fish that actually comes from Africa continues to increase. This condition is seen as a promising business opportunity by the tilapia fish farmers.
In fact, in order to increase incomes, many farmers are trying to make marriage nila tilapia species which he cultivated. One of the pair inter-marriages between tilapia species, Tilapia SP. Results from this crossing of a new birth of indigo, which is Nila Gift.
Gift name itself comes from the acronym for Genetic Improvement of genetic improvement of farmed Tilapia aka Nila Tilapia aquaculture. This crossing technique developed by the International Centre for Living Aquatic Resources Management (ICLARM) in the Philippines in 1987.
From the testing result, production levels Nila Gift higher 30% -50% of local tilapia. ICLARM pilot fish is then distributed to 10 countries in 1993, namely Bangladesh, China, Côte d'Ivoire, Greece, Ghana, India, Malawi, Thai, Vietnamese and Filipino.
Gift Nila new entry into Indonesia in 1994, through the Research Institute of Freshwater Fishes (Balitkanwar). Nila was then cultivated in three large reservoirs in West Java, namely Cirata, Saguling, and Jatiluhur. Current production of about 20 tons per day.
According to Helmi Suherman, owner of tilapia farming Brilliant Earth Farm in Cianjur, West Java, Nila Gift genetically proven to have the advantage of higher productivity and growth of tilapia diamonds.
According to Deddy Siswandi Rosyid, owner Niaga Jaya Abadi CV in Sukabumi, West Java, the cultivation of indigo with a time of faster growth will benefit the farmers. Deddy therefore also interested wrestle Nila Gift nursery business, namely the maintenance of fish larvae into the seed was about 21 days.
According to him, the demand for seed Nila Gift never lonely. He could sell one million fry per month. Demand comes from many areas, such as Medan, Balikpapan, Aceh and Makassar.
Deddy Nila Gift seed price USD 35 per head. From seed sales, he could reach turnover of Rp 30 million-USD 40 million per month. Margin is about 20% -30%.
In contrast to Deddy, Helmi was more interested in doing business Nila Gift enlargement. He cultivates this kind of indigo in Cirata, Cianjur. Every four months, he's harvest 8 tons of tilapia.
Nila Gift Helmi sell for Rp 11 500-Rp 12,000 per kilogram (kg). From this business, he scooped up turnover to $ 80 million once the harvest.
While Anastasia Sulistio choose undergoing Gift Nila distribution business. He marketed to a number of fishing places in the Greater Jakarta area. Supply from the Bogor area.
Anastasia Nila Gift for Rp 15,000 per kilogram. Saban months, he could supply the five tons of fish up to 6 tons. turnover of each month to reach USD 75 million with a profit margin of about 5% -10%.
Currently there are many food stalls that sell snacks from different parts of the region of Indonesia. However, there are only one or two snacks that are difficult to find, including Arumanis.
Foods made from raw sugar which is often called cotton sugar is only there in a celebration or a festive night market. Difficulty finding Arumanis on ordinary days Arumanis Rainbow deem this as a business opportunity.
Arumanis foods are short-lived. Not because of stale, but the quality of cotton would be reduced if allowed to Arumanis exposed to the wind. Therefore Arumanis Rainbow pack their products in an airtight container. This Arumanis can stand up to a month in air-conditioned room, the word Prana Mangun W., founder of the Rainbow franchise Arumanis.
Rainbow franchise owner Arumanis others, Erika Hayu Puspita, says that products using safe ingredients, including coloring and taste. Special taste, we use the materials for ice cream.
Although founded in 2001, franchised new Arumanis slide in March 2010. Total outlets Arumanis management is currently managed as many as 19 Rainbow stores, spread out in Bogor, Jakarta, and Cibubur. However, while this location is still held his own in the Greater Jakarta area.
In addition to the region, currently has franchises spread across Lampung, Surabaya, and Medan. While the franchise in Bandung in the licensing process.
Arumanis Rainbow offers a profit sharing scheme. The calculation for the results of the negotiations depends on both parties. However, Prana said, typically the percentage of profit sharing with the owner or franchisee locations approximately 25%.
Prospective franchisees can find strategic locations to place his own booth, such as in shopping centers, schools, tourist attractions, and food stores. We will help the process of licensing, said the Heart.
Prospective franchisee to provide enough money to invest USD 20 million. This includes the procurement of capital Arumanis maker, four-booth displays, packaging tubes of small, medium, and large for Arumanis, initial raw materials, support equipment, production training, employee uniforms, as well as software sales.
With one machine, franchisees can sell Arumanis more than one booth. More booth, behind the calculation of capital will also be faster. Although the initial package was only given four booth displays, the franchisee may request additional. One booth USD 1 million, said the Heart. Franchise or royalty fees every year quotes.
Arumanis is sold in three sizes. Arumanis in a small tube for Rp 7500, the tube was USD 9000, and a large tube of Rp 11,000. There are five flavors available are original, bubble gum, orange, clouds, taste wine, and leaves.
Chairman of the Steering Board of Franchising and Licensing Indonesia Amir Karamoy said, the prospects for this franchise is good because this product kids love and adults. Especially if there are attractions making so that children are more interested. In addition, franchisees maintain absolute cleanliness considering its market is children.
RUPIAH roll of the fold ANEKA TEXTILE FABRIC
Raw materials business has always been a fairly profitable business fields. Position as an intermediary between sellers of raw materials by producers of materials so this was as a meeting point both sides producers in upstream and downstream sectors. This also applies to textile fabrics business players.
Plain fabric to target business people engaged in the garment and fashion industry. Although located in the middle, does not mean the money that rotates a half-half.
Bagyo Sotopo, Marketing Manager of PT Kusuma Clothing Mekarjaya (KSM) in Sleman, Yogyakarta, admitted could rake in revenue of USD 8 billion per month. In that period, KSM can produce a variety of fabrics up to 2 million meters.
Actually, this figure is lower than last year's turnover. Bagyo mention expensive fabric yarn prices as the cause. Yarn prices rose 25% this year. He gave an example, the price of rayon yarn types which last year was USD 5.2 million per bale, now a USD 5.8 million. In fact, CBO does not just sell the cloth, but the processing threads to be woven.
Although the yarn price rise, claims can not participate Bagyo increase the selling price of different fabrics. Men 52 years of consumer rate KSM, including batik crafters, will not be able to absorb it if the price is increased.
Companies that stood since 1989 was made of five types of cloth that is Rayon, Cotton, Tetoron, Tetoron Rayon (TR), and Tetoron Cotton (TC). Each type of fabric is divided again in different variants. KSM product prices within the range of Rp 3,000 to Rp 10,500 per meter.
Bagyo market the fabric to Solo, Pekalongan, Malang, Surabaya, Bandung and Tangerang. Buyers from Tangerang exporting our products to the Middle East.
Other fabric businessperson is Ayin. German cloth business owners in Pekalongan was plunged into the business fabric since 1995. He sold the cotton and silk fabrics. For cotton, he used to take it from Solo and Yogyakarta.
As for the silk, he picked up from importers who bring it from China. Because China's famous silk good quality.
Ayin cotton price of Rp 5,000 to Rp 10,000 per yard. While the price of silk USD 10,000 to USD 50,000.
There are 50 regular customers who are spread in Pekalongan Ayin, Pemalang, Tegal, Cirebon, Bandung, and Jakarta. There are also clients in Bali, Jambi, Palangkaraya, and Makassar.
Before Lebaran, its sales could be doubled twice. However, Ayin not willing to call certain numbers every month turnover.
Ayin just said, his business is a competitive constraint to offer the cheapest prices. While constraints Bagyo, in addition to rising prices of yarn, fabric products are competitive with China. In terms of quality, local products from China and there is no difference. But China's price of cloth can be more oblique. Labor costs and electricity costs us more expensive, said Bagyo.
Grow faster than INDIGO ORDINARY
Nila is one type of freshwater fish widely consumed by people in the country. Understandably, this sense of well-known fish meat is very tasty. Do not be surprised, if the demand for fish that actually comes from Africa continues to increase. This condition is seen as a promising business opportunity by the tilapia fish farmers.
In fact, in order to increase incomes, many farmers are trying to make marriage nila tilapia species which he cultivated. One of the pair inter-marriages between tilapia species, Tilapia SP. Results from this crossing of a new birth of indigo, which is Nila Gift.
Gift name itself comes from the acronym for Genetic Improvement of genetic improvement of farmed Tilapia aka Nila Tilapia aquaculture. This crossing technique developed by the International Centre for Living Aquatic Resources Management (ICLARM) in the Philippines in 1987.
From the testing result, production levels Nila Gift higher 30% -50% of local tilapia. ICLARM pilot fish is then distributed to 10 countries in 1993, namely Bangladesh, China, Côte d'Ivoire, Greece, Ghana, India, Malawi, Thai, Vietnamese and Filipino.
Gift Nila new entry into Indonesia in 1994, through the Research Institute of Freshwater Fishes (Balitkanwar). Nila was then cultivated in three large reservoirs in West Java, namely Cirata, Saguling, and Jatiluhur. Current production of about 20 tons per day.
According to Helmi Suherman, owner of tilapia farming Brilliant Earth Farm in Cianjur, West Java, Nila Gift genetically proven to have the advantage of higher productivity and growth of tilapia diamonds.
According to Deddy Siswandi Rosyid, owner Niaga Jaya Abadi CV in Sukabumi, West Java, the cultivation of indigo with a time of faster growth will benefit the farmers. Deddy therefore also interested wrestle Nila Gift nursery business, namely the maintenance of fish larvae into the seed was about 21 days.
According to him, the demand for seed Nila Gift never lonely. He could sell one million fry per month. Demand comes from many areas, such as Medan, Balikpapan, Aceh and Makassar.
Deddy Nila Gift seed price USD 35 per head. From seed sales, he could reach turnover of Rp 30 million-USD 40 million per month. Margin is about 20% -30%.
In contrast to Deddy, Helmi was more interested in doing business Nila Gift enlargement. He cultivates this kind of indigo in Cirata, Cianjur. Every four months, he's harvest 8 tons of tilapia.
Nila Gift Helmi sell for Rp 11 500-Rp 12,000 per kilogram (kg). From this business, he scooped up turnover to $ 80 million once the harvest.
While Anastasia Sulistio choose undergoing Gift Nila distribution business. He marketed to a number of fishing places in the Greater Jakarta area. Supply from the Bogor area.
Anastasia Nila Gift for Rp 15,000 per kilogram. Saban months, he could supply the five tons of fish up to 6 tons. turnover of each month to reach USD 75 million with a profit margin of about 5% -10%.
Tuesday, June 1, 2010
1000 TEACHER PROGRAMING FOR IMPROVING THE QUALITY OF EDUCATION
MORE GOOD TO QUALITY EDUCATION
Improving the quality of education becomes an urgent need and can not be put off no longer. Because, the quality of education is one of the factors that determine the future of this nation. If Indonesia want to be able to compete and become one of the country to be reckoned with at international level, like it or not education should be addressed.
Work to fix education in Indonesia is clearly not an easy thing. From the scale, the Indonesian education system is the fourth largest in the world, after China, India and the United States. World Bank report mentions, the Indonesian education system involving more than 50 million students and 2.6 million teachers in more than 250 thousand schools.
Of course too much to expect to be able to improve the quality of millions of students in a short time. There are many related factors. One effort that can be done is to improve teacher quality. The reason, teachers have a central role in the learning process at school.
In learning practices in schools in Indonesia, the teacher is a motivator and mediator for students to be able to learn effectively and efficiently. Teachers' role is to encourage more students to study hard. In this case, teachers are required to be professionals who have the ability to control the materials, methods, media, and assessments, as well as having a comprehensive knowledge of the subject areas taught.
In fact, these expectations are not easily realized. Research has shown, the professionalism of teachers, particularly at primary school level (elementary) still needs to be improved. Observations of teachers of mathematics, just mention an example, shows that teachers do not give priority to the creative activity that can develop students' thinking abilities, abilities that should be the focus of learning. Conversely, the more fun math teachers explain math concepts in the style of tutoring institutions with practical methods, rapid, and brief, but ignoring the aspect of creativity. Similar complaints also came for the learning science and Indonesian language.
Uapya that has been done to improve the quality of learning, among others, through cooperation between educational institutions, government, and society. Settling is also made to the legislation. Referring to the recent regulations in the field of national education, among others, Law No. 20 Year 2003 on National Education System, Government Regulation No. 19 Year 2005, to the Ministerial Regulation No. 22, 23, and 24 in 2006, the core teachers to act more actively prosecuted , creativity, initiative, and responsible.
Within that framework, one state-owned enterprises, namely Pertamina (Persero), in collaboration with the University of Malang, engage Millennial Teacher Empowerment through Teacher Quality Enhancement Program Integrated with Lesson Study. For Pertamina, were included in the Community Development activities that are part of the Community Development Partnership Program (CSR). This program aims to improve the quality of Indonesian education through quality teachers and professionals.
1000 PROGRAM FOR FUTURE TEACHERS
Success in educating teachers can be seen from the way of thinking and acting students. Not all teachers in Indonesia, including the category of teachers that work. For example, can be seen in some primary schools (SD). In fact, SD is the most important education to foster basic skills students.
According to Drs. H. Isnandar, M. T., IV, Vice Rector, State University of Malang (UM), the education it takes a huge investment. Moreover, 20% state budget may not be able to fix the educational needs of education in various sectors.
Seeing this, Pertamina activities for Community Development (BL) which is part of the Community Development Partnership Program Activities (CSR), namely Teachers Quality Improvement Program (TEQIP) working with the State University of Malang (UM). This program aims to promote education in Indonesia through qualified teachers and professionals.
Isnandar added that this program is a partnership beneficial to both parties. Pertamina's own UM trusted thanks to his experience in the field of education. Examples of training ever undertaken by the UM is Cendana Education Foundation in this town for about three years to develop kindergarten, elementary, junior and senior high school.
Pertamina 1000 program participants, held in Malang teachers are from the region around Pertamina's operation areas. Participants were selected from five provinces, 15 districts and 18 subdistricts. The five provinces are East Java (Bojonegoro, Madison, and Banyuwangi), East Kalimantan (Malimau, Penajam, North and Sand), NTB (West Lombok, Bima and Dompu), Bengkulu (Kaur and Rejang) and Jambi (Jambi Muaro and the Cape West Jabung).
Program which runs from April 21, 2010 until mid-December 2010 system features TOT (training of trainers). So, no teachers trained in all of 1000. But a few representatives who will be trained to become trainers. Then, they will convey the knowledge gained to fellow teachers in the area.
This program focuses on three subjects namely UN Science, Mathematics, and Indonesian. In total there are 108 teacher trainers from each province. They will be accompanied by approximately 18 supervisors in each district. So, in total there are 126 participants.
Technically the first TOT was the beginning of the training material in Malang for two weeks. Then, they'll On Going one, namely the practice in their respective schools during the two weeks. After that, they returned to training following the TOT 2 in the form of deepening the experience based on the On Going 1 for 2 weeks.
Then, they return melukan Going On 2. Here they began to design a program that has been obtained from TOT 1 and 2. Afterwards, one teacher trainers will teach nine teachers. Later, there will be a total of approximately 1080 teachers.
This empowerment leads to a primary school teacher with the consideration that the number of primary schools in Indonesia is very big. In addition, elementary education is the beginning of the estuary of the basic education of every child, said Isnandar.
Program UM TEQIP Pertamina is certainly a breath of fresh air amid the negative stigma of Indonesian education. Hopefully through these steps, can make a world of education in Indonesia is more talk in the world arena and student loan consolidation center
Improving the quality of education becomes an urgent need and can not be put off no longer. Because, the quality of education is one of the factors that determine the future of this nation. If Indonesia want to be able to compete and become one of the country to be reckoned with at international level, like it or not education should be addressed.
Work to fix education in Indonesia is clearly not an easy thing. From the scale, the Indonesian education system is the fourth largest in the world, after China, India and the United States. World Bank report mentions, the Indonesian education system involving more than 50 million students and 2.6 million teachers in more than 250 thousand schools.
Of course too much to expect to be able to improve the quality of millions of students in a short time. There are many related factors. One effort that can be done is to improve teacher quality. The reason, teachers have a central role in the learning process at school.
In learning practices in schools in Indonesia, the teacher is a motivator and mediator for students to be able to learn effectively and efficiently. Teachers' role is to encourage more students to study hard. In this case, teachers are required to be professionals who have the ability to control the materials, methods, media, and assessments, as well as having a comprehensive knowledge of the subject areas taught.
In fact, these expectations are not easily realized. Research has shown, the professionalism of teachers, particularly at primary school level (elementary) still needs to be improved. Observations of teachers of mathematics, just mention an example, shows that teachers do not give priority to the creative activity that can develop students' thinking abilities, abilities that should be the focus of learning. Conversely, the more fun math teachers explain math concepts in the style of tutoring institutions with practical methods, rapid, and brief, but ignoring the aspect of creativity. Similar complaints also came for the learning science and Indonesian language.
Uapya that has been done to improve the quality of learning, among others, through cooperation between educational institutions, government, and society. Settling is also made to the legislation. Referring to the recent regulations in the field of national education, among others, Law No. 20 Year 2003 on National Education System, Government Regulation No. 19 Year 2005, to the Ministerial Regulation No. 22, 23, and 24 in 2006, the core teachers to act more actively prosecuted , creativity, initiative, and responsible.
Within that framework, one state-owned enterprises, namely Pertamina (Persero), in collaboration with the University of Malang, engage Millennial Teacher Empowerment through Teacher Quality Enhancement Program Integrated with Lesson Study. For Pertamina, were included in the Community Development activities that are part of the Community Development Partnership Program (CSR). This program aims to improve the quality of Indonesian education through quality teachers and professionals.
1000 PROGRAM FOR FUTURE TEACHERS
Success in educating teachers can be seen from the way of thinking and acting students. Not all teachers in Indonesia, including the category of teachers that work. For example, can be seen in some primary schools (SD). In fact, SD is the most important education to foster basic skills students.
According to Drs. H. Isnandar, M. T., IV, Vice Rector, State University of Malang (UM), the education it takes a huge investment. Moreover, 20% state budget may not be able to fix the educational needs of education in various sectors.
Seeing this, Pertamina activities for Community Development (BL) which is part of the Community Development Partnership Program Activities (CSR), namely Teachers Quality Improvement Program (TEQIP) working with the State University of Malang (UM). This program aims to promote education in Indonesia through qualified teachers and professionals.
Isnandar added that this program is a partnership beneficial to both parties. Pertamina's own UM trusted thanks to his experience in the field of education. Examples of training ever undertaken by the UM is Cendana Education Foundation in this town for about three years to develop kindergarten, elementary, junior and senior high school.
Pertamina 1000 program participants, held in Malang teachers are from the region around Pertamina's operation areas. Participants were selected from five provinces, 15 districts and 18 subdistricts. The five provinces are East Java (Bojonegoro, Madison, and Banyuwangi), East Kalimantan (Malimau, Penajam, North and Sand), NTB (West Lombok, Bima and Dompu), Bengkulu (Kaur and Rejang) and Jambi (Jambi Muaro and the Cape West Jabung).
Program which runs from April 21, 2010 until mid-December 2010 system features TOT (training of trainers). So, no teachers trained in all of 1000. But a few representatives who will be trained to become trainers. Then, they will convey the knowledge gained to fellow teachers in the area.
This program focuses on three subjects namely UN Science, Mathematics, and Indonesian. In total there are 108 teacher trainers from each province. They will be accompanied by approximately 18 supervisors in each district. So, in total there are 126 participants.
Technically the first TOT was the beginning of the training material in Malang for two weeks. Then, they'll On Going one, namely the practice in their respective schools during the two weeks. After that, they returned to training following the TOT 2 in the form of deepening the experience based on the On Going 1 for 2 weeks.
Then, they return melukan Going On 2. Here they began to design a program that has been obtained from TOT 1 and 2. Afterwards, one teacher trainers will teach nine teachers. Later, there will be a total of approximately 1080 teachers.
This empowerment leads to a primary school teacher with the consideration that the number of primary schools in Indonesia is very big. In addition, elementary education is the beginning of the estuary of the basic education of every child, said Isnandar.
Program UM TEQIP Pertamina is certainly a breath of fresh air amid the negative stigma of Indonesian education. Hopefully through these steps, can make a world of education in Indonesia is more talk in the world arena and student loan consolidation center
Monday, May 31, 2010
GLOBAL ECONOMY CRISIS
Joint US-China will
United States (U.S.) and China agree to strengthen cooperation ties the two countries and encourage the global economic balance. However, both countries had not yet reached agreement about yuan revaluation. As U.S. was encouraging savings and investment, China is also trying to change the model to encourage the growth of domestic demand and consumption, said Treasury Secretary Timothy F. Geithner.
According to the U.S. Geithner, the State with the largest economy in the world and China is in third place, have the same interest to build a global financial system more stable and not prone to crisis. Innovation is well developed when the market opened, unfair competition, and no protection for ideas.
Geithner did not mention about yuan revaluation. He just said, in the global trade of all countries need to get treatment, risk sharing, and a fair profit.
Economy Still Growing
Thailand's economic conditions before a bloody political crisis and unrest was being nice-nice. The Government of Thailand, dated May 24, 2010, reported that gross domestic product growth (GDP) in quarter one 2010 to the highest level since 1995.
Thailand's first quarter GDP growth of about 12% higher than first quarter 2009 GDP. Previously, economists surveyed by Bloomberg estimate that first quarter GDP in 2010 only about 9% higher than GDP growth in first quarter 2009.
Post-political unrest, economic Thailand has become vulnerable because domestic demand slumped. The crisis will create economic growth in the second quarter eroded, said Lim Su Sian, Economist, Royal Bank of Scotland. Thai Finance Minister Korn Chatikavanij said the demonstration which lasted more than two months of 0.3% -0.5% cut its economic growth. This does not include investor confidence.
Crew of British Airways Strike
Airline cabin crew of British Airways, began running the strike, on May 24, 2010. Strike action due to British Airways officials failed to determine the point about salary, holidays, and working conditions with the management of that airline. In fact, British Airways Chief Executive Willie Walsh and union leaders Tony Woodley recriminations about the failure of these negotiations.
UK airline management is still operating 60% express long-distance flights and 50% short-haul flights from Heathrow Airport, London. Approximately 70% of passengers can be transported to the destination.
Flight of the other two airports in London, Gatwick and City did not affect the strike is expected to last five days. Two strike continued to be made on May 30 and June 5, 2010 if negotiations are not also fruitless. BA was experiencing financial difficulties after recording a net loss in 2009 amounted to euro 531 million or U.S. $ 763 million.
Germany 10 billion euro budget cut
The German government is likely to take steps to cut its deficit budget savings. State budget cut was rumored to be around euro 10 billion or U.S. $ 13 billion per year until the next 2016 years.
Germany made the move to set an example for the member countries of the European Union (EU) is facing another budget deficit pressures. Germany also wanted to show that EU countries should be able to comply with EU budget deficit not higher than 3% of gross domestic product (GDP).
Reuters Financial Times quoting sources in the Government of German Chancellor Angela Merkel, reports, policies, budget reductions will take place from two sides. The first way to raise taxes. Second, Germany would reduce government spending.
Whereas before, the German coalition government has promised to make the issue of tax cuts as their main agenda. The main target of budget cuts is a lower subsidy policy. Include withdrawal of concessions and tax exemptions are already running, according to the Financial Times reported.
Until now, the Germans continued to press the user countries to focus on the euro currency to cut its budget. This State Government believes the budget savings measures is the only way for the EU to be able to return to calm market confidence against the euro. That's also the best way to avoid this area of the financial crisis.
The threat of economic crisis in Europe had brought fear among global investors. They assumed, United States (U.S.), Spain, and Greece are the countries most at risk of failing to pay debts (default). That was revealed by the investment firm Pacific Investment Management Co. (PIM), which manages the world's largest bonds fund.
According to Jhon Wilson, Head of PIM Australian unit, the company is currently selecting investments in emerging markets that offer higher return than the interest savings. Risk is also lower asset bubble and the greater capacity of government spending without a budget cut plan.
Emerging market investments are targeted, among others, Brazil, Mexico and Russia. Wilson said, although there is support from the EU and the IMF, the Greek ability to manage its debt is still very risky. Other countries are also at high risk are Ireland, Spain, France, USA, UK, Italy, Portugal, and Japan.
Singapore inflation Recording Records
The consumer price index (CPI) or Singapore's annual inflation rate during April 2010 increased by 3.2% over the previous year. This became the highest inflation in the last 14 months. This figure is well above the forecast of economists surveyed by Bloomberg, who estimates that April inflation rose by 2.6%.
Lion Country triggers inflation in April 2010 was the economic acceleration that has been recovered from the global crisis. Economic recovery and then trigger an increase in labor demand raise transportation tariffs, property prices, and the food. Without including the cost of accommodation, inflation in Singapore in the month of April 2010 increased by 3.9%.
Singapore Statistical Bureau in its report, dated May 24, 2010 reveals, April inflation was also up 0.9% from the inflation rate in March 2010. Statistics bureau officials said, the biggest contribution of inflation in April 2010 is the increase in transportation costs and property.
The government explained, due to rising prices of gasoline cars and the cost of transportation in the month of April 2010 increased by 3.3%. Then housing prices rose 1.1%, which includes fees for services and hospital care. Accommodation costs and tariffs listrk also increased. While the cost of recreation and other activities increased by 0.8% due to increase in the price package tours.
Meanwhile, inflation during the first four months of the year 2010 or year to date increased 1.5% over the same period in 2009. Domestk price hike that triggered inflation will start to crawl in the second half and the more visible in 2011, said Alvin Liew, Economist, Standard Chartered Plc.
Liew added tightening measures the government to issue Singapore dollar policy has helped reduce inflation from imports. Last month, Singapore's central bank has predicted inflation will rise sharply in coming quarters, driven increase in wages and business costs push up consumer price increases.
United States (U.S.) and China agree to strengthen cooperation ties the two countries and encourage the global economic balance. However, both countries had not yet reached agreement about yuan revaluation. As U.S. was encouraging savings and investment, China is also trying to change the model to encourage the growth of domestic demand and consumption, said Treasury Secretary Timothy F. Geithner.
According to the U.S. Geithner, the State with the largest economy in the world and China is in third place, have the same interest to build a global financial system more stable and not prone to crisis. Innovation is well developed when the market opened, unfair competition, and no protection for ideas.
Geithner did not mention about yuan revaluation. He just said, in the global trade of all countries need to get treatment, risk sharing, and a fair profit.
Economy Still Growing
Thailand's economic conditions before a bloody political crisis and unrest was being nice-nice. The Government of Thailand, dated May 24, 2010, reported that gross domestic product growth (GDP) in quarter one 2010 to the highest level since 1995.
Thailand's first quarter GDP growth of about 12% higher than first quarter 2009 GDP. Previously, economists surveyed by Bloomberg estimate that first quarter GDP in 2010 only about 9% higher than GDP growth in first quarter 2009.
Post-political unrest, economic Thailand has become vulnerable because domestic demand slumped. The crisis will create economic growth in the second quarter eroded, said Lim Su Sian, Economist, Royal Bank of Scotland. Thai Finance Minister Korn Chatikavanij said the demonstration which lasted more than two months of 0.3% -0.5% cut its economic growth. This does not include investor confidence.
Crew of British Airways Strike
Airline cabin crew of British Airways, began running the strike, on May 24, 2010. Strike action due to British Airways officials failed to determine the point about salary, holidays, and working conditions with the management of that airline. In fact, British Airways Chief Executive Willie Walsh and union leaders Tony Woodley recriminations about the failure of these negotiations.
UK airline management is still operating 60% express long-distance flights and 50% short-haul flights from Heathrow Airport, London. Approximately 70% of passengers can be transported to the destination.
Flight of the other two airports in London, Gatwick and City did not affect the strike is expected to last five days. Two strike continued to be made on May 30 and June 5, 2010 if negotiations are not also fruitless. BA was experiencing financial difficulties after recording a net loss in 2009 amounted to euro 531 million or U.S. $ 763 million.
Germany 10 billion euro budget cut
The German government is likely to take steps to cut its deficit budget savings. State budget cut was rumored to be around euro 10 billion or U.S. $ 13 billion per year until the next 2016 years.
Germany made the move to set an example for the member countries of the European Union (EU) is facing another budget deficit pressures. Germany also wanted to show that EU countries should be able to comply with EU budget deficit not higher than 3% of gross domestic product (GDP).
Reuters Financial Times quoting sources in the Government of German Chancellor Angela Merkel, reports, policies, budget reductions will take place from two sides. The first way to raise taxes. Second, Germany would reduce government spending.
Whereas before, the German coalition government has promised to make the issue of tax cuts as their main agenda. The main target of budget cuts is a lower subsidy policy. Include withdrawal of concessions and tax exemptions are already running, according to the Financial Times reported.
Until now, the Germans continued to press the user countries to focus on the euro currency to cut its budget. This State Government believes the budget savings measures is the only way for the EU to be able to return to calm market confidence against the euro. That's also the best way to avoid this area of the financial crisis.
The threat of economic crisis in Europe had brought fear among global investors. They assumed, United States (U.S.), Spain, and Greece are the countries most at risk of failing to pay debts (default). That was revealed by the investment firm Pacific Investment Management Co. (PIM), which manages the world's largest bonds fund.
According to Jhon Wilson, Head of PIM Australian unit, the company is currently selecting investments in emerging markets that offer higher return than the interest savings. Risk is also lower asset bubble and the greater capacity of government spending without a budget cut plan.
Emerging market investments are targeted, among others, Brazil, Mexico and Russia. Wilson said, although there is support from the EU and the IMF, the Greek ability to manage its debt is still very risky. Other countries are also at high risk are Ireland, Spain, France, USA, UK, Italy, Portugal, and Japan.
Singapore inflation Recording Records
The consumer price index (CPI) or Singapore's annual inflation rate during April 2010 increased by 3.2% over the previous year. This became the highest inflation in the last 14 months. This figure is well above the forecast of economists surveyed by Bloomberg, who estimates that April inflation rose by 2.6%.
Lion Country triggers inflation in April 2010 was the economic acceleration that has been recovered from the global crisis. Economic recovery and then trigger an increase in labor demand raise transportation tariffs, property prices, and the food. Without including the cost of accommodation, inflation in Singapore in the month of April 2010 increased by 3.9%.
Singapore Statistical Bureau in its report, dated May 24, 2010 reveals, April inflation was also up 0.9% from the inflation rate in March 2010. Statistics bureau officials said, the biggest contribution of inflation in April 2010 is the increase in transportation costs and property.
The government explained, due to rising prices of gasoline cars and the cost of transportation in the month of April 2010 increased by 3.3%. Then housing prices rose 1.1%, which includes fees for services and hospital care. Accommodation costs and tariffs listrk also increased. While the cost of recreation and other activities increased by 0.8% due to increase in the price package tours.
Meanwhile, inflation during the first four months of the year 2010 or year to date increased 1.5% over the same period in 2009. Domestk price hike that triggered inflation will start to crawl in the second half and the more visible in 2011, said Alvin Liew, Economist, Standard Chartered Plc.
Liew added tightening measures the government to issue Singapore dollar policy has helped reduce inflation from imports. Last month, Singapore's central bank has predicted inflation will rise sharply in coming quarters, driven increase in wages and business costs push up consumer price increases.
Friday, May 28, 2010
INVESTMENT AND SHARE
WIKA Attract U.S. $ 314 Million Project
PT Wijaya Karya Tbk (WIKA) have finally succeeded in winning the tender for the development of Chemical Grade Alumina (CGA) is owned by PT Indonesia Chemical Alumina (ICA), a subsidiary of PT Aneka Tambang Tbk (ANTM). WIKA Tsukishima Kikai Co. along with. Ltd., and PT Nusea has been appointed to work on the Engineering, Procurement, and Construction (EPC).
Bimo Budi Satriyo, ANTM Corporate Secretary, said that with this appointment, and a consortium currently WIKA ICA Group, will begin negotiating the terms and conditions of the EPC project. Ben hopes this project can commence construction in 2010 and begin commercial operations in 2014. This project is planned to produce 300,000 tons per year CGA.
After winning the tender was announced, the next ANTM live thinking of financing the project. They were trying to get funding from the Japan Bank For International Cooperation (JBIC). If JBIC is not capable of providing maximum funds, ANTM will try to get it from another commercial bank.
Construction is expected to be carried out in the fourth quarter of 2010 was, according to Alwin Syah Loebis, Director of ANTM.
CGA in project development, ANTM collaboration with two Japanese companies, namely Showa Denco KK (SDK) and Marubeni Corporation. ANTM project will finance 35% from 65% internal cash and bank loans.
Company Secretary Argawan Christmas WIKA WIKA confirmed the news that the consortium had won the tender with such ANTM. Project value of around U.S. $ 314 million, said Christmas.
Christmas added, this time his side were discussing how many servings of each company in this project. WIKA portion of the project, hopes to get about Rp 1.3 trillion.
To fund the 30% requirement of this project cost, WIKA will use internally generated cash. The rest is a combination of advances, loan payments and continued to third parties. We are still counting his cash flow, added Christmas.
In the first quarter-2010, at WIKA available cash funds amounting to Rp 997.69 billion. This company has a bank loan amounting to Rp 122 billion. Currently WIKA still bagging facilities from several banks, such as a bank guarantee from BRI worth Rp 1.5 trillion and DBS Bank of Rp 175 billion. WIKA facility could be used to supplement working capital projects. In January-March period, the net profit grew 40% WIKA to Rp 64.27 billion.
Bhakti Securities analyst Reza Nugraha rate, to be fair if the winning bidder WIKA Tayan project. As a fellow state-owned, very disadvantaged position and WIKA WIKA also has good credibility, said Reza.
He noticed, during this approximately 60% -70% WIKA projects comes from the government. Hence, Reza rate in 2010 and 2011, WIKA very good prospects as the number of government infrastructure projects. Conditions that would automatically push up revenues WIKA.
Projections No Makers
Fluctuations Composite Stock Price Index (CSPI) on May 24, 2010 was not predictable. At the first session of trading, the index is still likely to rise after last week continued to weaken. However, at the second session until the close of trading, the index fell and ended at 2609.61 level, 0.52% lower than the closing position, dated May 22, 2010.
JCI decline in the second session is due to collapse of stock prices of seven issuers in Bakrie Group, which is popular among investors as The Seven Brothers. Look at the price of shares of PT Bumi Resources Tbk (BUMI) tumbled 16.24% to 1780 per-share position.
Ironic, though the regional indices are generally green. JCI failed to take advantage of the momentum from the strengthening of Down Jones index at the weekend and regional indices. We expect the index will still be under pressure for the short term, said Purwoko Sartono, Panin Securities analyst.
Likewise, Tasrul Tanar, analyst with OSK Nusadana, see, JCI will move is uncertain. According to him, the index will try to 2584-2680 levels. To date May 26, 2010, I recommended shares of banks such as BMRI, BBCA and BBRI.
Purwoko actually recommend avoiding shares of consumer goods and commodities stocks are still volatile. JCI, according to him, dated May 25, 2010 will move in the range 2575-2630.
Prone Prediction Correction
Unlike the Composite Stock Price Index (CSPI), which is still anemic, the exchange rate on May 24, 2010 again showed tajinya. Based on the middle rate of Bank Indonesia (BI), exchange rates are in Red and White is the level of USD 9269 per dollar, the United States (U.S.), or 0.71% higher than the previous day's closing. In the spot market, until around 16:59 pm, the rupiah also gained 0.13% to a level of Rp 9268 per U.S. dollar.
The strengthening of rupiah time is actually much underpinned by the strengthening of the index in the first session. In addition, regional currency carried sentiment that also experienced a strengthening against the U.S. dollar.
However, the possibility of triumph rupiah will not survive on this date May 25, 2010. Understandably, each toward the end of the month, the U.S. dollar tends to increase demand. Therefore, money market watchers predict Nurbaeti Nurul ETI, the rupiah will weaken again.
Another effect, according to Vice President Valbury Asia Futures Nico Omer Jonckheere is because the index in the country is still vulnerable to landslides. Typically, the index and the rupiah has a positive correlation.
Therefore, Nico suspect rupiah to the date of May 25, 2010 will move in the range of Rp 9240 to Rp 9325 per U.S. dollar. Meanwhile, Nurul predicted, the rupiah still tend to weaken the movement range between Rp 9,200 to Rp 9,300 per U.S. dollar.
PT Wijaya Karya Tbk (WIKA) have finally succeeded in winning the tender for the development of Chemical Grade Alumina (CGA) is owned by PT Indonesia Chemical Alumina (ICA), a subsidiary of PT Aneka Tambang Tbk (ANTM). WIKA Tsukishima Kikai Co. along with. Ltd., and PT Nusea has been appointed to work on the Engineering, Procurement, and Construction (EPC).
Bimo Budi Satriyo, ANTM Corporate Secretary, said that with this appointment, and a consortium currently WIKA ICA Group, will begin negotiating the terms and conditions of the EPC project. Ben hopes this project can commence construction in 2010 and begin commercial operations in 2014. This project is planned to produce 300,000 tons per year CGA.
After winning the tender was announced, the next ANTM live thinking of financing the project. They were trying to get funding from the Japan Bank For International Cooperation (JBIC). If JBIC is not capable of providing maximum funds, ANTM will try to get it from another commercial bank.
Construction is expected to be carried out in the fourth quarter of 2010 was, according to Alwin Syah Loebis, Director of ANTM.
CGA in project development, ANTM collaboration with two Japanese companies, namely Showa Denco KK (SDK) and Marubeni Corporation. ANTM project will finance 35% from 65% internal cash and bank loans.
Company Secretary Argawan Christmas WIKA WIKA confirmed the news that the consortium had won the tender with such ANTM. Project value of around U.S. $ 314 million, said Christmas.
Christmas added, this time his side were discussing how many servings of each company in this project. WIKA portion of the project, hopes to get about Rp 1.3 trillion.
To fund the 30% requirement of this project cost, WIKA will use internally generated cash. The rest is a combination of advances, loan payments and continued to third parties. We are still counting his cash flow, added Christmas.
In the first quarter-2010, at WIKA available cash funds amounting to Rp 997.69 billion. This company has a bank loan amounting to Rp 122 billion. Currently WIKA still bagging facilities from several banks, such as a bank guarantee from BRI worth Rp 1.5 trillion and DBS Bank of Rp 175 billion. WIKA facility could be used to supplement working capital projects. In January-March period, the net profit grew 40% WIKA to Rp 64.27 billion.
Bhakti Securities analyst Reza Nugraha rate, to be fair if the winning bidder WIKA Tayan project. As a fellow state-owned, very disadvantaged position and WIKA WIKA also has good credibility, said Reza.
He noticed, during this approximately 60% -70% WIKA projects comes from the government. Hence, Reza rate in 2010 and 2011, WIKA very good prospects as the number of government infrastructure projects. Conditions that would automatically push up revenues WIKA.
Projections No Makers
Fluctuations Composite Stock Price Index (CSPI) on May 24, 2010 was not predictable. At the first session of trading, the index is still likely to rise after last week continued to weaken. However, at the second session until the close of trading, the index fell and ended at 2609.61 level, 0.52% lower than the closing position, dated May 22, 2010.
JCI decline in the second session is due to collapse of stock prices of seven issuers in Bakrie Group, which is popular among investors as The Seven Brothers. Look at the price of shares of PT Bumi Resources Tbk (BUMI) tumbled 16.24% to 1780 per-share position.
Ironic, though the regional indices are generally green. JCI failed to take advantage of the momentum from the strengthening of Down Jones index at the weekend and regional indices. We expect the index will still be under pressure for the short term, said Purwoko Sartono, Panin Securities analyst.
Likewise, Tasrul Tanar, analyst with OSK Nusadana, see, JCI will move is uncertain. According to him, the index will try to 2584-2680 levels. To date May 26, 2010, I recommended shares of banks such as BMRI, BBCA and BBRI.
Purwoko actually recommend avoiding shares of consumer goods and commodities stocks are still volatile. JCI, according to him, dated May 25, 2010 will move in the range 2575-2630.
Prone Prediction Correction
Unlike the Composite Stock Price Index (CSPI), which is still anemic, the exchange rate on May 24, 2010 again showed tajinya. Based on the middle rate of Bank Indonesia (BI), exchange rates are in Red and White is the level of USD 9269 per dollar, the United States (U.S.), or 0.71% higher than the previous day's closing. In the spot market, until around 16:59 pm, the rupiah also gained 0.13% to a level of Rp 9268 per U.S. dollar.
The strengthening of rupiah time is actually much underpinned by the strengthening of the index in the first session. In addition, regional currency carried sentiment that also experienced a strengthening against the U.S. dollar.
However, the possibility of triumph rupiah will not survive on this date May 25, 2010. Understandably, each toward the end of the month, the U.S. dollar tends to increase demand. Therefore, money market watchers predict Nurbaeti Nurul ETI, the rupiah will weaken again.
Another effect, according to Vice President Valbury Asia Futures Nico Omer Jonckheere is because the index in the country is still vulnerable to landslides. Typically, the index and the rupiah has a positive correlation.
Therefore, Nico suspect rupiah to the date of May 25, 2010 will move in the range of Rp 9240 to Rp 9325 per U.S. dollar. Meanwhile, Nurul predicted, the rupiah still tend to weaken the movement range between Rp 9,200 to Rp 9,300 per U.S. dollar.
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