Analysis of stock market investors fear

JAKARTA – Capital market analysts, Pardomuan Sihombing said that the decision of the judges of Corruption (Corruption) in a case of IM2, causing fears of capital market investors. Because the regulations are not clear can ensnare anyone who is doing business in Indonesia.

“It could happen (investors will fear) that the decision was negative, meaning that is associated with the regulation of the telecommunications industry,” said Pardomuan Sihombing, told reporters on Friday (19/7).

It is said, that investors will invest into doubt whether the investment fund to be back or not, when the company suddenly entangled case. Doubt it, he added, is very clearly threatens the entire industry.

“Investors need legal certainty, because that’s what makes the industry rules become clear, so as to ensure the development of the telecommunications industry,” he said.

Pardomuan added that the symptoms have not been perceived concerns, the article of the legal process is not over. However, if there is already a binding verdict and declared IM2 guilty, then the impact will be felt.

“We all expect the final result will be better,” said Pardomuan.

As information, on Monday (8/7) Corruption Court sentenced former Director of IM2, Indar Atmanto to 4 years imprisonment with a fine of Rp200 million with subsidiary imprisonment of 3 months. Judge fines also punish IM2 pay Rp1, 3 trillion. Judges-network cooperation Indosat IM2 there are elements of corruption.

This ruling a major impact, as almost all sectors of the telecommunications businesses registered as a public company is also running a similar business model. Including PT Indosat Tbk, PT Telkomsel, PT XL Axiata Tbk, PT Smartfren Telecom, PT Bakrie Telecom Tbk and other telecommunications operators.

In fact, the communication sector alone contributes to Rp11, 8 trillion in revenues and in 2012. This figure is the biggest revenue for Indonesia in addition to the energy and mineral resources.

Responding to the verdict, Indonesian Infocom Society (Mastel) and the Indonesian Telecommunications Regulatory Body (BRTI) have reported the presiding judge to the Judicial Commission.

Mastel judge there are allegations of violations of the code of conduct by the presiding judge in the case. “There are some points that filed a complaint to the Judicial Commission, namely that the judges in check and try not professional in understanding the case filed,” said Mastel Chairman, Setyanto P. Santosa.

Setyanto judging, the judges are not being fair in making its decision. According to him, the judges only listen to experts from the Public Prosecutor (PP). and ignore the official opinion of the Ministry of Communications and Information Technology as the regulator Telekomunikasi Indonesia.

Petrochemical plant construction is expected to hit imports

Director General of the Ministry of Industry, Manufacturing Industry, Panggah Susanto said, with the new petrochemical plant planned to be built in West Papua is expected to reduce the number of Indonesian imports of raw materials.

“These projects will be able to reduce the importation of raw materials which, according to the data in 2012 reached 16 billion U.S. dollars for chemical raw materials,” said Panggah after witnessing the signing of the MoU between Ferrostaal Industrial Projects by PT Chandra Asri Petrochemical Tbk, in Jakarta on Thursday.

He said that with the cooperation will be produced basic products, such as propylene and polypropylene, which will not reduce the importation of raw materials.

“Hopefully, in 2019 to be operational, which we seek is how as soon as possible to get gas allocation,” he said.

Panggah explain step construction of the plant is part of the Ministry of Industry to develop two important sectors in Indonesia related to the chemical industry base and base metals.

“Two of the basic industries we encourage its development, it is important because it aligned with the growth of domestic industry, which will increase the need for raw materials and capital goods,” he said.

He said later that the results of the plant is expected to require an investment of $ 1.8 billion will be earmarked for the domestic market.

“Domestic demand is big enough, then it will be destined for the domestic market,” he said.

East Sumba Build Seaweed Industry

Commitment of the Ministry of Maritime Affairs and Fisheries (MMAF) to develop the industrialization program of marine and fisheries sector, continue to be improved. Among them, for commodities seaweed, CTF rebuild seaweed processing factory PT. Algae East Sumba Lestari (ASTIL) Tanamanang Village, District Pahunga Lodu, East Sumba, East Nusa Tenggara (NTT).

According to the Director General of Aquaculture, Slamet Soebjakto, construction of the PT. ASTIL in East Sumba very precise. Seaweed processing plant is of great importance to accommodate the cultivation of seaweed around East Sumba particular and East Nusa Tenggara province in general. Establishment of PT. ASTIL very directly benefit society, especially because of the distance factor so as to reduce transportation costs. “The plant can produce seaweed chips as much as 2 tons / day of raw material 6 tons / day. Production capacity will be increased up to 10 tons / day. In 2012, this factory has been producing seaweed chips as much as 124 thousand kg and sold to several companies in the country, “he said.

East Sumba chosen, according to Slamet, because NTT East Sumba is one of the pilot areas minapolitan commodity seaweed. Statistics show that seaweed production in NTT Province in the year 2012 amounted to 398,000 tons. Of these, 1393.8 tons came from East Sumba. Therefore, the existence of the plant will be able to increase the added value of seaweed products. So the purpose of fisheries industrialization program that increases productivity, value added products and increase competitiveness and improve the welfare of the community, particularly in terms of employment and economic growth in the community. “The potential of seaweed farming land owned by East Sumba is quite large. This potential is expected to increase seaweed production that supports increased production nationally, “he said.

Synergy

Slamet explained, seaweed processing plant establishment PT. ASTIL This is tangible evidence of synergy between sector performance. Where, for machine processing seaweed into chips, is help the Ministry of Industry. While CTF provides space and building processing factories. East Sumba government that will support the working capital. “Synergy performance like this should be passed on to other areas. So that the development will progress rapidly because of the encouragement given a boost with the all have the aim of improving public welfare through the marine and fisheries sector, “said Slamet.

Slamet added, in 2013, the CTF has established seaweed industrialization in 6 Provinces. That is the province of East Java, West Nusa Tenggara, East Nusa Tenggara, South Sulawesi, Central Sulawesi and North Sulawesi province. Accelerated increase in seaweed production through industrialization program in 2013, is targeted to produce as much seaweed is processed 1,214,299 tons. Moreover, of the industrialization program seaweed is able to absorb the amount of 37 807 farmers as RTP. “While employment in this sector will increase to 415 462 people with production value reached Rp 1,138 billion,” he said.

Indonesian Cement Net Profit Up 22.9 percent

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.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6 percent from last year’s 40 , 9 percent, “said President Director of Semen Indonesia, Dwi Soetjipto in a written statement received by Tempo, July 29, 2013.

Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. In the first half of 2013, the Java market accounted for revenue of Rp 5.72 trillion (52.43 percent of total domestic sales), while consumers outside of Java contribute to the revenue of Rp 5.19 trillion or 47.57 percent of the total domestic sales .

In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia. From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion. This number jumped 170 percent compared to overseas sales in the first half of last year which was only Rp 30.34 billion.

Three options for the sugar mills Kigumas

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

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

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

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

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

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

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

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

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

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

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

The existence of the Industrial Bank Could Push Manufacturing Sector

MAKASSAR – Proposed Ministry of Industry (Ministry of Industry) regarding the presence of special industrial rated bank could trigger industrial growth better.
Economic observers Hasanuddin University, Syarkawi Rauf explained by the existence of special or specific bank serving the industry could trigger industrial growth in the business sector. The same thing happens in China.
“They have a lot of banks aimed at channeling funding priority activities, such as agriculture with agricultural bank, industrial bank industry, and others,” he said in Makassar on Thursday (25/07/2013).
For this project, the government should include the estimated capital above Rp 5 trillion, so the banks can get three books with high flexibility to manage business products.
DPD Chamber of Commerce and Industry (Kadin) Sulsel also strongly supports the presence of industry-specific bank. Chairman of the Chamber of Commerce of South Sulawesi, Zulkarnain Arif, said the bank’s presence is needed to help businesses meet industry needs.
According to Zulkarnain, the bank line government regulations regarding the application of the rules on the management of raw materials before export overseas.
However, the Chairman of the Banks of South Sulawesi, Andrew Wongjaya, banks should assess the industry empowering government bank that already exist today.
“It should be the government’s existing bank actually asked to allocate credit in the field of industry on the percentage of the loan portfolio,” he explained.

Satya Dharma CPO Production Reaches 145,397 Tons

JAKARTA – PT Dharma Satya Nusantara Tbk (DSNG) increase the production of crude palm oil (CPO) to 145 397 tonnes in the first half of 2013, an increase of 31.1 percent compared with the same period last year.

Director of Dharma Satya Nusantara, Djojo Boentoro, revealing CPO sales volume also increased significantly by 30.5 percent to 147 693 tonnes. The Company also recorded an increase in the production of fresh fruit bunches (FFB) during the period January to June 2013 reached 555,570 tons, an increase of 28 percent year on year.

“TBS is processed to reach 600 350 tonnes, up 35.0% from a year ago, which is obtained from the core plantations, smallholders and third parties,” he said in a press release on Tuesday (30/07/2013).

He explained that the increase in FFB production volume due to increased crop area grown and the age of the company’s plants. Mature plants increased the total area of ​​42 333 hectares in 2012 to 48,470 hectares in 2013. Meanwhile, the productivity of FFB per hectare to 11.9 tonnes per hectare increased by 9% over the same period the previous year.

The company targets the padatahun new planting could be 8,000 acres, consisting of the core consisting of 4,200 and 3,800 for a plasma.

Related to financial performance, DSNG successfully posted net sales of Rp 1.7 trillion, or relatively equal to sales in the same period last year, in the midst of the recent decline in CPO prices.

Analysts: Fear Makes Case IM2 Investors Capital Market.

JAKARTA – the current capital market investors worried about the telecommunications business pascaputusan court corruption (corruption) cases IM2. Equity analyst Pardomuan Sihombing explains, penalties and regulations that ensnare IM2 yet fully clear.
Pardomuan also assess the regulations are not clear as IM2 case could ensnare anyone who runs a business in the country. In this case the investors in the world’s capital markets.
“It could happen (investors will fear) that the decision was negative, meaning that is associated with the regulation of the telecommunications industry,” said Pardomuan Sihombing, Sunday (07/21/2013).
Pardomuan asserted, the current capital market investors require legal certainty. According to Pardomuan, IM2 case and rules in the telecommunications industry should be clear, so as to ensure the future development of the business.
“Investors who will invest in doubt whether an investment fund to be back or not, when the company suddenly entangled case,” said Pardomuan.
Pardomuan added that the symptoms have not been perceived concerns, the article of the legal process is not over. However, if there is already a binding verdict and declared IM2 guilty, then the impact will be felt.
“We all expect the final result will be better,” said Pardomuan.
Previously reported, the Corruption Court sentenced former Director of IM2, Indar Atmanto kuruangan 4 years with a fine of Rp 200 million, with subsidiary imprisonment of 3 months. Judge also sentenced IM2 pay fines of Rp 1.3 trillion. Judges cooperation-IM2 Indosat network there is an element of corruption.
This ruling a major impact, as almost all sectors of the telecommunications businesses registered as a public company is also running a similar business model. Including PT Indosat Tbk, PT Telkomsel, PT XL Axiata Tbk, PT Smartfren Telecom, PT. Bakrie Telecom Tbk and others.
Communication sector alone contributes to Rp 11.8 trillion in revenues and in 2012. This figure is the biggest revenue for Indonesia in addition to the energy and mineral resources.

Small Industries Product Banyuwangi Less Hygienic

Head of Industry Trade and Mines, Banyuwangi regency, East Java, Cahyo Hary Purnomo said many small and medium industrial products in the region are less hygienic.

It was, he said, based on the results of government-facilitated product test lab Banyuwangi in Research and Industry Standards Surabaya. Of 52 food and beverage products that are tested only 27 small and medium industries that pass quality standards of products. “The rest do not yet qualify as poor hygiene and sanitation,” he told reporters on Thursday, July 4, 2013.

Hary explained, they were considered not hygienic products for the manufacture not wear gloves, masks and headgear. Small and medium industries also use a lot of water that has been contaminated with the bacteria Escherichia coli. Though product E-coli contaminated prone cause stomach infection.

Even so, Hary claims will not pull the products that did not pass the quality standards. Government, according to Hary, new on stage to socialize about product quality standards to small industries. Department also continued to provide opportunities for small and medium industries which will be testing its products in Research and Industry Standards Surabaya.

In Banyuwangi, there were 16 792 small and medium industries, but only 5,012 are active. Of these 52 new small and medium industries which followed the test product quality standards.

Head of Standardization and Certification Quality System Certification Body Surabaya Siti Rohmah Siregar, recognize products of small and medium industries are still far from the standards of quality. “Their problem is quite complex,” he said in Banyuwangi.

According to Siti majority of small and medium industries yet have a quality management system so as to maintain the quality of the starting raw material to processing is not fixed. Moreover, awareness of small and medium industries for testing this product is very low. During this test a lot of small and medium industry products facilitated by the local government. “Government should provide facilities to the many small and medium industries that testing this product,” he said.

Suliyani, a pastry maker admits not been testing out products to the laboratory. According to him, in addition to the cost of the lab, is also burdened with the cost of transport between Banyuwangi-Surabaya commute. “The cost of transportation is to Rp 500 thousand,” he said.