Gudang Garam Breathe profit of Rp 2.2 trillion, 4% Slightly

PT Gudang Garam Tbk (GGRM) posted a profit of Rp 2.2 trillion in the first half of 2013, edged up 4.7% from the same period last year to Rp 2.1 trillion.

As quoted from the company’s financial statements, on Thursday (01/08/2013), Gudang Garam revenue reached Rp 26.63 trillion in the first half of 2013, higher than the previous position of Rp 23.55 trillion.

On the increased revenue and profit, the company’s earnings per share rose to Rp 1,145 per share from Rp 1,092 per share.

Cost of sales producer of clove cigarettes is also up from the previous Rp 19 trillion in the first half of 2012 to Rp 21.33 trillion this year. The burden on the company’s operating profit rose to Rp 3.233 trillion from Rp 3.046 trillion.

Intel Active persuade Manufacturers Local Mobile

Processor manufacturer Intel is actively expanding its market share in the mobile device industry. They seduce manufacturers Android for phones and tablets using Intel processors, not to mention the manufacturer from Indonesia.

Intel Indonesia is cooperating with several local producers. However, Director of Strategic Business Development Intel Indonesia, Harry K Nugraha, reluctant to tell local brand will release Android phone or tablet with x86 processors made by Intel berasitektur.

“We’ve talked with local manufacturers to use Intel processors. But we could not said what the product will come out, because it’s their kitchen secrets,” Harry said in a press conference in Jakarta, Wednesday (07/31/2013).

Intel trying to earn the trust of manufacturers, as well as ensure that the mobile phone or tablet with Intel processors can compete in the market. Previously, Intel has worked with manufacturers of mobile phones and tablets in India.

Companies from Santa Clara, California, USA, is a serious new last two years in the industry of mobile devices. Intel’s market share in mobile devices is still very small, because most mobile devices use ARM architecture processors work of ARM Holdings, and are produced by manufacturers such as Qualcomm, Nvidia, Texas Instruments, MediaTek up.

“Maybe now Intel in the mobile market share is still small. But we will continue to compete until the day we can pursue,” said Harry. He added that Intel will bring a number of leading technology device to personal computers, smart phones, and tablets can be connected.

In the mobile arena, Intel Atom processors that rely on fabrication technology using System-on-Chip (SoC) 22 nano meters (nm). Harry claims, Intel’s Atom mobile devices to save on battery power consumption but still providing high performance.

So far, Intel has been used by smart phones and tablet products from major manufacturers such as Motorola, Acer, ZTE, Lenovo, to Samsung.

In addition, Intel Indonesia is also committed to the mobile application ecosystem. They will educate application developers that want to create mobile applications optimized for devices with Intel x86 architecture processors.

Industry ‘Sabutret’ in Cilacap regency Expected Evolving

Member of House of Representatives Commission VI Adisatrya Suryo Sulisto expect industry ‘Sabutret’ (upholstery materials derived from coconut coir and rubber blend) in Cilacap, Central Java continues to grow.
He also hoped that the industry players ‘Sabutret’ can do innovation and creativity as well as take advantage of advances in technology, especially the technology is simple yet effective, so it can produce added value.
Adisatrya also reminded to use the momentum of a demographic dividend that currently experienced by Indonesia and the era of globalization, especially the implementation of the ASEAN Economic Community (ASEAN Economic Community) as of January 2014.
“Given the demographic bonus, real micro and small industry players can just ignore the export market, because the domestic market is still wide open. However if there are orders from abroad, the micro and small industry players should be able to adjust the quality and continuity of the set,” said Adisatrya Tribunnews in a statement received on Monday (08/07/2013).
This explains the PDI-P politicians in order to encourage local resource-based industries in the district of Cilacap, particularly coconut trees and rubber trees, then the Minister of Industry has issued the Ministerial Decree No. 126 of 2011, which set a rubberised coconut fiber (sabutret) as Regional Industry Core Competence (Kiid) Cilacap. ‘
As known, the use and demand ‘Sabutret’ by the international community increasingly widespread, as middle-class movement for the ‘back to nature’ (back to nature).

As a follow up from the Permenperin, the Ministry of Industry (Ministry of Industry) held in collaboration with the Center Adisatrya Workshop Local Resource-Based Industry Development to sabutret industry as well as industries that use local raw materials. The workshop was held on Wednesday, July 3, 2013 in the city of Cilacap, and bring Endang Supraptini, Director of Industry Development Facilitation Java-Bali region, the Ministry of Industry as a resource.
According Adisatrya, pascadisahkannya Act No. 17 of 2012 on Cooperatives which replaces Law No. 25 of 1992 on Cooperatives, a national cooperative actors should immediately grasp the substance while adjusting the formal-legal aspects, including institutional governance.
“Although the new law is considered by some as a cooperative offender laws that remove the spirit of cooperation, but it must be remembered that the Act is structured precisely to adjust to the times without losing nationalism,” said Adisatrya.

Furthermore Adisatrya also encourage cooperative actors in the two counties to work together with local governments in preparing human resources, including certification of competence. He also admitted that the law requires that the focus of the cooperative actors and earnest in managing, can no longer be used as a sideline.

“As a consequence of decentralization, Regional Head of formal school setting, for example vocational Cooperative Management that provides scholarships for students. Besides scoring skilled resources, the institution may issue a certification for aspiring managers of cooperatives,” he said.

BlackBerry Sales Sluggish, Profit Drops 39% Erajaya

Erajaya Swasembada Tbk PT (ERAA) recorded a 38.9% decline in net income to Rp 129.8 billion in the first half of 2013 compared to the same period last year of Rp 212.4 billion. Profit fell because of sluggish sales of the BlackBerry which started early this year.

BlackBerry sales that have accounted for the largest portion of revenue to the company must be reduced. Consequently, total turnover alias Erajaya participate eroded revenue.

The Company recorded net sales decreased by 6.7% to Rp 5.976 trillion in the first half of 2013 compared to net sales in the same period of the previous year of Rp 6.406 trillion.

The company’s operating profit also fell by 30% to Rp 214.6 billion compared with the same period of the previous year which reached Rp 306.7 billion.

Director of Marketing and Communications Erajaya Djatmiko Ward said the decline in sales due to the new rules of import of mobile phones causing the import process becomes longer. As a result, the supply for uninterrupted sales.

“Two weeks things could not get in, the automatic result of stock and sales hampered,” said Djatmiko exposure time performance, at the Capital Residence Sudirman, Jakarta, Wednesday (31/07/2013).

In addition, he said, the decline in sales was also due to the floods that hit Jakarta in January that led to the loss of sales for 10-14 days. Start fading prestige BlackBerry brand in the Indonesian market since the beginning of the year also led to the sales down.

“Because of this flood hampered our distribution channels,” he said.

He said the decline in sales was also followed by lower sales volume for mobile phones to 4.9 million in the first half of 2013 from 5.2 million in the same period the previous year. Mobile phones and tablets recorded the most substantial contribution accounted for 88.1% of net sales to Rp 5.267 trillion in the first semester of 2013 from Rp 5.996 trillion in the same period the previous year.

Meanwhile, the average selling price for all mobile phone brands also fell to 1,070,578 in the first half of 2013 from 1,144,218 in the same period the previous year.

Projected industry growth of 6.5 percent

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

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

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

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

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

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

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

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

Sun Profit Up 68% In Six Months, Reaches Rp 265 Billion

PT Matahari Department Store Tbk (LPPF) net profit to Rp 265 billion in the semester 1-2013, grew 68.3% compared to Rp 157 billion in the same period last year. The rise in profit was in line with revenue growth of turnover alias.

The sun gross sales in Semester 1-2013 Rp 5.16 trillion, 19.4% higher than the previous year of Rp 4.32 trillion. While net income reached Rp 2.741 trillion, 23.1% higher than Rp 2,226 trillion in the past year.

According to the press release the Sun, Thursday (01/08/2013), the growth was the result of an increase in the company’s customer segments, increase in disposable income and improvements in product offerings sold.

Sun currently has 121 outlets in 58 cities in Indonesia, including 5 new stores opened in the second quarter of 2013, ie in Surabaya, Palangkaraya, Palembang, Palopo, and Cibubur.

The Company has made voluntary bank debt in March 2013 amounting to Rp 700 billion, and pay back bank debts voluntarily today at Rp 400 billion, bringing the total debt down from Rp 2.369 trillion at the end of June 2013 to Rp 1,969 trillion.

Ahead of Eid, hijab Wholesalers achieved a turnover of USD 30 million per day

Ramadan is always a blessing for business owners Muslim fashion. In Pasar Baru, Bandung is usually most wanted accessories of Muslims. No doubt the demand can be increased two or even three times more than usual today.

Nasha Colection eg providing specifically jilbab muslim clothing accessories are often overwhelmed serve buyers demand ahead of Eid.

Community’s needs requires setting up shop stocks more than usual. If regular day veils sold 10 scores. Ahead of Eid could reach double even more.

Ade (24) one of the employees said widths of experience ahead of the previous year turnover of the day could reach Rp 20 million per day. Usually the most common requests from buyers in bulk. But not least also retail buyers.

“Yes, if from previous years mencapailah up to Rp 20 million, maybe if now predicted to reach Rp 30 million,” he said with a sheepish when talking with merdeka.com.

Two weeks of fasting sales has not reached its peak. He said demand is still fairly mediocre. The reason for this year because the school could have coincided with the beginning of fasting, so spending money management with school needs should be taken into account.

“If the turnover is now reaching tens of millions only (per day),” he said. Sales trend from year to year mentioned he was like that.

“Well ahead of the fasting is usually increased, fasting lethargic early, ahead of the Eid rise again. If fasting is usually ahead of the entire stock of migrants from Malaysia, now that most of Java, Sumatra, Jakarta and Bandung,” he said.

Ade in his shop selling Muslim fashion women’s accessories range. Hijab became the mainstay of sales. Complementary hijab is also offered at the store located on the fourth floor, such as underwear hoods, cuffs, scarves and other accessories hijabers.

Other traders, Yono (19) which sells equipment such sejadah prayers and fasting mukena admitted two weeks, sales have not been too showed significant sales. Buyers usually hunt seven days ahead of Eid.

“It’s just that the current standard is not too much, will usually increase its H-7 to H-3, we also provide a lot of stock,” Yono said one of the employees at the store this Laris. Experience from previous years ahead of the Eid demand could reach double that. Sales turnover could reap tens of millions per day.

“The range there are tens of millions per day, I can not on average were not for sometimes up sometimes down,” he explained.

One of the new visitor markets, Teti (39) when it was busy carrying gembolan keresek bag of groceries. He claimed, had been shopping for the benefit of the Eid day. “I come here almost every year, quite buy materials, will be made at a tailor,” said the woman from the Garut Leles.

The tradition of spending every year definitely made in his extended family. He was bought not for personal, but for her husband and three small children. “Deliberately allocated for Eid shopping needs, our tradition is always new Eid,” he explained that when it was bought mukena.

Prime Gapuraprima profit soars 318% So Rp 71 Billion

PT Prime Gapuraprima Tbk (GPRA) record net profit of Rp 71 billion in the first half of 2013, up 318% over the same period last year of Rp 17 billion. Profit rose due to an increase in sales of property projects.

In addition to earnings, the company’s sales also grew to Rp 242 billion during the first six months in 2013, up 60% over the same period last year of Rp 154 billion.

“A pretty solid performance of the company marked the sale of some of peningkan owned projects that boost the recorded rise in net profit,” said President Director of Prime Gapuraprima Rudy Margono, in a written statement on Friday (02/08/2013).

Rudy said the company’s operating income collected until June 2013 reached USD 89 billion, up 56% compared to the same period in 2012 which stood at Rp 38 billion.

With the achievement of the performance, Rudy optimistic residual second half of 2013 will also give good results for the company. “We sure could record sales of more than Rp 1 trillion this year,” he said.

To achieve that goal, various measures have been prepared in which the company completed acquisitions of 4 (four) project in Nusa Dua Bali, Pondok Indah in South Jakarta and Tangerang Chester South.

This year the company has focused on developing a number of projects, such as Diamond City-Cipayung area of ​​3.48 ha, Graha Azzura MT Haryono area of ​​0.37 ha, Ciawi Superblock (Ciawi) area of ​​2.5 ha and Air Force Radar-Cimanggis, Depok area 6 ha.

“The total value of the projects that we have prepared this year to reach Rp 1.1 trillion,” he said.

Looking ahead, said Rudy, Prime Gapuraprima also adds new 3-star hotel that is Gapuraprima Hotel located at Jalan Gatot Subroto, Central Jakarta, Mega Kuningan Best Western Hotel, South Jakarta, as well as the Best Western Hotel-Serpong, Tangerang.

This is 7 Oil and Gas Company Reaches Oil Production Target

Jakarta – Special Unit Managing Upstream Oil and Gas (Migas SKK) recorded as many as 7 Contractors Cooperation Contract (PSC) oil production surpassed the target of state budget 2013.

PSC’s seventh among others:

ConocoPhillips Indonesia Ltd managed to achieve oil production by an average of 34 867 barrels per day from the target in the state budget in 2013 amounted to 32 890,
Vico Indonesia managed to produce as much as 13,740 barrels of oil per day from the target of 13 010 barrels per day,
Medco E & P Indonesia (S & C Sumatra) managed to produce 6,841 barrels of oil per day from the target of 6,630 barrels per day,
PHE ONWJ managed to produce 38 996 barrels of oil per day from the target of 38 080 barrels per day,
Chevron Pacific Indonesia managed to produce 323 014 barrels of oil per day from the target of 319 430 barrels per day
Medco E & P Indonesia (Rimau) managed to produce 14,086 barrels of oil per day from the target of 14,060 barrels per day
ConocoPhillips (Grissik) Ltd managed to produce 9,435 barrels of oil per day from its target of 9,430 barrels per day.

Head of Oil and Gas SKK Rudi Rubiandini said the 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, then the PSC are immediately improve their performance in order to meet the targets set.

“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, for the national interest because it lets us collaborate and work together,” Rudi said in a written statement, Wednesday (7/31/2013)

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.

Rudi hope the Regents 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 straight into the oil and gas revenues in the state budget enjoyed by the whole people Indonesia from Sabang to Merauke, “he said.

He also said the state’s revenues from the management of upstream oil and gas in the first half of this year reached U.S. $ 18.7 billion from the target set by U.S. $ 18.4 billion for the first half of the year.

While oil production in the same period reached an average of 831,118 barrels per day or 99% of the target set in the state budget in 2013 amounted to an average of 840,000 barrels of oil per day.