SBY Promises Promote Lumajang Banana chips to Europe

President Susilo Bambang Yudhoyono (SBY) banana chips production appreciate the home-based business in Lumajang, East Java.

SBY presence in order to Lumajang Ramadan safari along with several ministers. He took time to review the kirana farmers cultivating bananas and cottage industry in the village of process banana chips Burno, District Senduro.

Remarkably, despite a cottage industry, banana chips production there has been exported to foreign countries, such as Singapore and Hong Kong. Yudhoyono also promised to market the entrepreneur of Lumajang banana chips can penetrate the European market.

In addition to chips, cottage industry in the village Burno also produce jams that basic ingredients of banana kirana also.

Raise Martabe Gold Mine Production Target

Martabe Gold Mine revised gold production target for this year to 280,000 ounces from 250,000 ounces in advance only.
“The revised production target after seeing the results of increased production,” said President of G-Resources Martabe Gold Mine, Peter Albert, in Medan on Wednesday.
Ability to increase production above nameplate capacity design shows the efficiency of operational management success since it started trial production July 24, 2012.
“Management continues to be engaged to develop Martabe become one of Asia’s leading gold mines that contribute positively to the stakeholders in the vicinity,” he said.
He explained that the management can reduce operational cost to 510 U.S. dollars per ounce during the quarter due to mining activities and ore treatment plant that has exceeded production targets.
“The results of over 200,000 ounces of gold and nearly one million ounces of silver that have been produced so far beyond expectations,” he said.
Income earned from the sale of G-Resources gold and silver during the second quarter reached 98.5 million U.S. dollars is very encouraging that company.
Associated with increased production and income, then of course the tax increase.
“Martabe Gold Mine has paid dues remain (dead rent) and the UN Semester II in 2013 to the State Treasury 247,911.52 worth of U.S. dollars to an area of ​​1,639 km2 by the Sixth Generation Contract of Work (” CoW “) which was signed in April 1997,” he said.
Besides taxes, there is a royalty to the state for sale 63106.52 ounces (1,963 kg) of gold and 355,233.08 ounces (11,049 kg) of silver valued at 482,298.10 dollars.
Referring to Law 33 of 2004 on Fiscal Balance between the Central Government and Local Government, the percentage share of exploration and exploitation fees fees (royalties) divided by the details of the center section 20 per cent, 16 per cent of the provincial, regency / city producing 32 percent of the district and parts / other city in the province 32 per cent.

Sales turnover in Benhil Food Reaches Rp 210 million a month

Traders cake and food for iftar in Ramadan Markets Lower Dam (Benhil) can claim to reap a turnover of between Rp 90 million and Rp 210 million for a month to sell.

Hardian example, vendors selling a variety of cakes is admitted for a day to sell, he can reap a turnover of approximately USD 4 million to $ 6 million from 20 various cake box. Within a day it provides 2,500 fruit cake.

“Depending on the weather, too, if it rains deserted. Could day was to Rp 6 million at the most,” he said in Benhil Market, Sunday (28/07/2013).

The usual traders opening cake wares at the market this morning Blok M later admitted it had been four years, every month of Ramadhan he was selling at the Market Benhil Ramadan. For a rental fee to sell, he must reach “pockets” of Rp 2.5 million for a per table for a month, and he opened the two tables.

“The cake buy direct so, yes he could have said a week had a turnover-lah,” he said.

Herdian risol sell cake-like sausage, fried martabak, pastel to a variety of other fried foods. For the unit cost, Herdian sell at a price of Rp 2,000 to Rp 3,000 rupiah.

Meanwhile, by selling typical cuisine of Padang, Ika Friastuti say in a month to sell, he can earn Rp 5 million to $ 7 million per day.

For a side dish of fruit he sells, valued diverse, ranging from Rp 4,000 to Rp 15,000. Like cakes that are sold for Rp 4,000 per piece, rendang, beef jerky, lung sold Rp 10,000 to Rp 15,000 for head snapper.

In addition, Ika also sells for Rp 20,000 package, which contains rice and sauce with potato cakes or dengdeng or lung or rendang.

“The day I take 150 to 200 for a single dish. Approximately 4,000 lah I take a day,” said a trader at the market daily selling this Majestik.

Two Consecutive Years Sharp Losses, Now it Reaches Rp 51 Trillion.

Japanese electronics giant, Sharp, posted a loss for two consecutive years. The company also intends to depose the CEO who was installed a year ago.

Sharp lost 545.3 billion yen (USD 51.3 billion) in the fiscal year ending March 2013. The loss swelled pretty big compared to losses in the previous year in the same period a year earlier 376 billion yen.

Despite high losses, Sharp sure to be back next year to make a profit

“We’re sorry we’ve suffered substantial losses in two consecutive years,” said Sharp Director Tetsuo Onishi after reporting financial results to the public as quoted by AFP on Tuesday (05/14/2013).

Sharp is currently undergoing a restructuring of the company, one of them with layoffs (layoffs) with thousands of employees. In fact, the company will also depose Takashi Okuda from the post of CEO replaced by Kozo Takahashi.

Though Okuda recently served as CEO of Sharp in April last year. After stepping down, Okuda served as commissioner will, his last position before retiring in habits of the Japanese.

This loss occurs due to high operating expenses and the company’s sales plummeted, chiefly in the television division. The television division turnover has fallen very deep.

“Our mobile phone sales also fell, due to lack of raw materials in the first half of last year,” he said.

Total sales of Sharp at the end of March 2013 reached 2.48 trillion yen, up from the same period last year 2.46 trillion. Next year, Sharp predict could reach 5 billion yen profit.

“We had anticipated that the overall business situation this year is full of uncertainty,” he said.

EU industrial production fell in May.

Industrial production in the recession-hit eurozone fell 0.3 percent in May compared with the previous month, the data agency Eurostat reported Friday, after three consecutive monthly increases.

April industrial production rose 0.5 percent in the bloc’s 17 states, the agency said in a revised figures, compared to March when the rate increased 0.9 percent, AFP reported.

Numbers in April and March which is a great improvement on the performance in the previous months, and analysts said the latest report showed euro zone recession is already running 18 months may soon end.

May decrease was primarily due to the weakening 2.3 percent in the consumption of durable goods, while capital goods declined 1.5 percent.

On the positive side, energy production rose 0.1 percent, intermediate goods rose 0.4 percent and non-durable consumer goods rose 0.6 percent.

Decline in industrial output is highest in Ireland, which saw a decrease of 2.7 percent and in Greece with a 2.1 percent decline.

Output rose 6.1 percent on the other side of the recession plagued Portugal and 2.0 percent in Estonia. While in the 27 European Union countries, industrial output fell 0.6 percent in May compared to April.

Compared with the previous year’s data, industrial production fell 1.3 percent in the eurozone and 1.6 percent in the EU.

Plastics Demand High, LMPI Towards Rp 500?

Until the end of 2011, the demand for plastics and household products generated by Lasting Makmur Industri Tbk PT (LMPI) jumped sharply. This surge in demand coming from domestic consumers and foreign.

According to one market participant, from domestic demand and household plastic products grew 60%. While from overseas, the consumer accounts for 40% of demand growth by the end of 2011.

“With this soaring demand, LMPI reportedly posted a year-end profit increased approximately 58% compared to year-end 2010 earnings,” said the market participants on Friday (30/3/212).

He said there are indications the market will anticipate this news before the announcement of the financial statements at the beginning of the second quarter of this year, with a target share price LMPI Rp 500 per share.

Yesterday, the stock closed at LMPI green area in the middle market is sluggish at Rp 310 per share, up 60 points (+24%) with the volume of transactions valued at more than USD 5.19 billion.

Dunkin Donut South Korea Cronut Bulk Production

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

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

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

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

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

Financial Industry harmed? Reported to FSA

JAKARTA– Customers can complain to the Financial Services Authority (FSA) if aggrieved by the financial industry. In addition, the FSA will also provide facilities to the settlement of a dispute with a customer related financial services company.

The field of Education and the Commissioner of Consumer Protection Kusumaningtuti Soetiono FSA said the facility’s completion of customer complaints made ​​to the complaint which indicate disputes in the financial services sector.

“But there are conditions that must be met if the customers want to complain about cases of negligence related to the financial services industry, both banks, non-banks, insurance and capital markets to us,” said Kusumaningtuti during a press conference in his office, Jakarta, Tuesday (30/7 / 2013).

Terms include a maximum nominal value of Rp 500 million loss for customers in banking, capital markets, pension funds, life insurance, financing, mortgage companies or guarantees.

Meanwhile, general insurance, could face losses reported to the FSA maximum of Rp 750 million.

To that end, the aggrieved customer can submit a written application along with supporting documents related to the complaint. On the other hand, financial services businesses has also made efforts to resolve the complaint.

“However, customers are not able to accept the settlement or have passed the deadline as stipulated in the rules of the FSA,” he added.

Kusumaningtuti adds, filed this complaint is not a dispute that is being or has been decided by the courts or other mediating institutions.

In addition, the complaint merely civil, have never facilitated FSA and the complaint does not exceed 60 working days from the date of settlement of complaints result businesses of financial services to consumers.

Oil production PHE WMO 22.2 Thousand Barrels per Day

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

“The climax at the beginning of July back production increased to 22,200 bopd, where it is expected to end in 2013 still continues to rise more than that, do’akan, yes,” said Bambang Kardono.