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.

Government Program for Entrepreneurs Build Smelter

President Director of PT Indosmelt, Natsir Mansyur assess government policies increase the mineral processing industry and coal (mineral and coal) in the country is considered to be the right move.
It was an industry pioneer, with reference to the Mining Law No.4/2009, Instruction No.7/2012 no.3/2013 and ESDM.
The smelter industries include copper smelter / gold, aluminum, nickel, iron, and other minerals, because the industry produces raw materials for downstream industries in the country.
“During the import of raw materials for downstream industries needs to reach 80 percent of the existing downstream industries in the country,” Natsir said, Monday (07/15/2013).
He said he appreciates the support of government policy and the Ministry of Economic Affairs, Ministry of Energy and Mineral Resources and the Ministry of Industry to encourage program development through industrial mineral and coal downstream processing and purification (smelter) in the country.
Natsir said, to build its smelter industry varied depending on the type of metal minerals will be produced. According to him, build a smelter is not difficult as long as it was built by the national government employers can be clear, firm, and consistent with the application of the rules in favor of the construction of the smelter industry.
“The government must be clear, firm and consistent since the smelter industry pioneer industries with large investments, futures and high-tech display. Needed so that the rule of law and other incentives,” Natsir said.
PT Indosmelt will build a processing plant and refinery (smelter) copper ore with a capacity of 350 thousand tonnes of concentrate per year in Maros, South Sulawesi. The Company is ready to disburse funds of 700 million U.S. dollars (USD 6.58 trillion).

PT. RNI Beef Production in Developing

Mataram – Capacity Slaughter House (RPH) Banyumulek, West Lombok, West Nusa Tenggara, improved. Before managed by PT. Cattle Rajawali Indonesia (SRI) – from state-owned PT group. Rajawali Nusantara Indonesia (RNI), only 25 birds per day, to 100 head per day. Could even reach the target of 60 thousand head per year.

Director of PT RNI Ismed Hasan Putro explain, to meet the needs before Eid, RPH Banyumulek optimistic capable of supplying 10 tons of meat.

That’s why, in addition to increasing the capacity cut, PT. SRI also continue to increase the production of beef cattle. In land area covering 26 hectares Banyumulek RPH, 5 acres of which are currently being prepared for construction of cattle shed.

Beef from slaughterhouses Banyumulek with the trademark ‘King of Meat’ has entered the market as much as 5 tons Jakarta last week. “We’ve sold five variants of the flesh,” he told Tempo in Mataram, Wednesday, July 31, 2013.

Variant ‘King of Meat’ in between the outer meat, tenderloin, sirloin, until back to the material rendang dishes. The price varies, from Rp 70 thousand to Rp 120 thousand per kilogram.

Ismed also explains, in cooperation with PT PT SRI Golden Gate NTB (PT GNE), remedy the freezing process the meat before it is supplied to the market, particularly to the island of Java. As for the beef cattle breeding activities, are woven kersama with local farmers as breeders plasma.

According Ismed, PT. SRI initial disburse Rp 65 billion to buy 15,000 head of beef cattle. While in the area is currently available Banyumulek RPH 150 head of cows 1500 plan to be developed. “In the year 6000 produces a tail,” he said.

The next stage, said Ismed, is a diversified business, such as producing meatballs to sausage, which will be marketed to various areas in Java, including Jakarta and Bali. Also for local needs on the island of Lombok.

Head of Department of Animal Husbandry and Animal Health NTB Hery Erpan mnengatakan Rayes, the work done by PT. RNI is appropriate because NTB is a source of beef cattle. Tail of the potential 106,000 cattle, 32,500 NTB can set quotas tail.

Potential of beef cattle in NTB does not include unrecorded about 45,000 birds. While the beef quota seeds, both males and females up to 22,000 head of as many as 41,000 potential tail.

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.

Social Security in First Half Profit Jumps 95 Percent

Social Security PT (Persero) posted a profit after tax in the first semester of 2013 amounted to Rp 1.69 trillion or 95 percent jump compared to the first half of 2012 amounted to Rp 870 billion. Director of Social Security Masasya G Masassya said that the increase in fee revenue over the first half of 2013 rose 64 percent to Rp 2.87 trillion in the same period last year to Rp 1.75 trillion.
»In the first half of 2013 we recorded a net income contribution of Rp 914.5 billion, surged 205 percent,” he said in a written statement, August 5, 2013.
Total revenue per June 2013 rose 202 percent to Rp 916 billion. Social Security investment income recorded a non-collateral (JHT) in the first semester of 2013 amounted to Rp 1.36 trillion, up 59 percent and revenue management of the investment fund old age insurance up 20 percent.
Social Security an operating profit in the first semester of 2013 rose 84 percent to Rp 3.14 trillion and profit before tax also rose 84 percent to Rp 1.97 trillion.
Director of Finance Social Security Trisanto Herdy adds up to June 2013 the company has been realizing managed fund of Rp 143.6 trillion. That figure represents 96.31 percent of the 2013 target of Rp 149.1 trillion. Additionally in June 2013, the company posted revenue of Rp 9.02 trillion investment or representing 61.72 percent of the 2013 target of Rp 14.6 trillion.
»The results of the development of old-age benefits by June 2013 amounting to Rp 6.32 trillion or 60.06 percent realize the 2013 target of Rp 10.5 trillion,” he said in a written statement.
In terms of net income, Social Security also booked Rp 1.69 trillion as of June 2013, representing 77.43 percent of the 2013 target of Rp 2.19 trillion. Acceptance of Social Security contributions by June 2013 amounted to Rp 12.3 trillion, representing 49.62 per cent of the 2013 target of Rp 24.84 trillion. And payment guarantees by June 2013 amounted to Rp 6.21 trillion or 59.75 percent of the realization of the 2013 target of Rp 10.4 trillion.

Adobe’s acquisition of Neolane Rp 5.8 Trillion

Adobe Systems announced the company’s acquisition of Neolane marketing company. The transaction value of U.S. $ 600 million (about USD 5.8 trillion). The marketing company itself only has annual revenues of approximately U.S. $ 60 million (approximately USD 580 billion).
“It would make a better leader on Adobe’s digital marketing services and strengthen the Adobe Marketing Cloud,” said Brad Rencher, Senior Vice President of Digital Marketing.
Established in 2001, Neolane is headquartered in Paris, France, and serves a number of large clients such as Accor Hotels, Alcatel-Lucent, IKEA, Samsung, Sony, and Dior.
Neolane is the sixth product from Adobe Marketing Cloud service, which includes Analytics, Target, Social, Experience Manager, and Media Optimizer.
Neolane This acquisition will improve the management of electronic mail services and a large amount of real-time recommendations.

Freeport Papua Gold Production Drops

Production and sales of PT Freeport Indonesia copper plummeted in the second quarter of 2013. This, due to the collapse of an underground tunnel incident at the Grasberg mine in Papua in mid-May.

Reported by page FCX, Wednesday, July 24, 2013, Freeport posted sales of 158 million pounds of copper and 151 thousand ounces of gold, lower than the same period last year, in which Freeport managed to record sales of 183 million pounds of copper and 247 thousand gold.

However, in the first half of 2013, sales of Freeport is still higher. The US-based mining company managed to record sales of 356 million pounds of copper at an average price of U.S. $ 3.08 per pound. While the first half of 2012, Freeport sold only 317 million pounds of copper at an average price of U.S. $ 3.56 per pound.

Meanwhile, on the production side, Freeport in the second quarter of 2013 only produced 139 million pounds of copper and gold by 131 thousand thousand ounces. Much lower than the first quarter of 2012 gold production, which reached 173 million pounds of copper and 230 thousand ounces of gold.
In total, the company has produced copper as much as 358 million pounds of copper and 343 ounces of gold in the first half of 2013.

Meanwhile, the decline in production and sales of Freeport Indonesia due to the underground tunnel collapse incident that killed 28 people and left 10 people injured. Freeport immediately suspend mining activities in honor of the victims and investigate the cause of the collapse of the tunnel.

On June 24, 2013, Freeport re-open the mine open and operational on July 9, 2013, Freeport back underground mines operate consent Ministry of Energy and Mineral Resources. As of July 19, 2013, Freeport cultivate 200 thousand metric tons of ore per day.

Freeport Indonesia is currently being ramped up production of the DOZ underground mine. Now, the company has to process 40 thousand metric tons of ore per day and will be increased to 80 thousand metric tons of ore per day by mid-2014.

Freeport expects to sell 900 million pounds of copper and 1 million ounces of gold in 2013, an increase over 2012 and sales of 700 million pounds of copper and 900 thousand ounces of gold.

In addition, Freeport Indonesia has also started discussing bilateral discussions with the union wage increases. Hopefully, a new contract may apply in September 2013.

Taiwan Will Build Industrial Zone in Jakarta

Some Taiwanese companies will build industrial park in Jakarta, Indonesia. The industrial zone will be the foundation for a number of Taiwanese companies to enter the Indonesian market.
On Saturday, July 27, 2013, China Steel Structur Co.. who is based in Kaohsiung has signed an agreement with Universal Acquire Advantage Land Development (AUA) to work together in developing and building industrial zones in the capital of Taiwan.
Industrial zone is planned to be developed on an area of ​​216 hectares and is expected to attract 120 companies with an annual production value of U.S. $ 30 billion. Government of Indonesia, according to Focus Taiwan, has given tariff reduction for industrial machinery sector, textiles, and agricultural production equipment.
AUA Chairman Hsu Chuan-jen said industrial zone is expected to develop into a row of Taiwan factory, so the language barrier is not compromised. Asian Development Outlook 2013 published Asian Development Bank (ADB) said Indonesia’s economic growth will increase to 6.4 percent this year. The increase was supported by strong domestic consumption and investment increased performance.

First semester of 2013, Pertamina EP Records Profit of Rp 10 Trillion

In the first half (I) 2013, PT Pertamina Exploration and Production (EP) posted a profit of Rp 10 trillion more. Targeted for this year, a subsidiary of state-owned PT Pertamina is able to reap a profit of Rp 18 trillion.
Public Relations Manager of PT Pertamina EP, Amperianto Agus told reporters in Jakarta, Saturday (3/8) night suggests, corporate profits optimistic embrace of it is based on the production performance of oil and gas corporation that produced it.
He said that the present level of oil production per day PT Pertamina EP reached 132 thousand barrels. The expected production rate constant and even increases with the exploration and discovery of new reserves by corporations. “In 2012, corporate profit reached Rp 21.5 trillion,” he said.
This year profit target of Rp 18 trillion does not mean a decrease compared to last year. Agus argues that profits surge last year in addition to the corporate consistency in producing oil and gas, as well as exchange rate differences and the rise in oil prices in the international market.
“Target profit last year (2012) amounted to Rp 17 trillion,” he added.
Most of PT Pertamina EP oil fields located in Sumatra, especially in Jambi, South Sumatra, North Sumatra, and Riau. Pertamina EP also has oil fields in West Java, Central Java and East Java.
“We’re also there is quite a large project in Central Java and East Java. BUT, it is where the gas production is later used to supply gas power plant Tambaklorok Semarang. If that was to be our gas production, is estimated to be saving USD 2 billion of fuel conversion used oil to gas power plant Tambaklorok Semarang, “he explained.
As a subsidiary of PT Pertamina engaged in the upstream oil and gas sector, according to Agus, operational and corporate performance requires the support of many parties, especially the government and society.
Oil theft cases in a massive scale in the pipeline Tempino-Plaju South Sumatra should not happen in other places. In the pipeline along the 265 kilometer (KM), he said, about 75% have been embedded in the ground at the depth of 1.5 meters to 2 meters.
“But, it remains stolen. Trick with building above the oil pipelines, oil pipelines and oil drilled and taken,” he said.

Industry: Login Steel, Out Cars

In the end I was able to see first hand one of the six plants Tata Motors in India in early July. And I deserve to take my hat off to India, especially Tata Motors already has a facility that motor vehicle industry that is not exactly small.
Tata Motors plant in Pune, Maharashtra is the second largest after the first plant in Jamshedpur which is active since 1954, after the plant is used as a starting locomotive 1945.
Initially I suspect manufacturing facility in Pune like Tata Motors car assembly plant generally in Karawang, Indonesia. Because of that, when I and a group of journalists asked to fill three vans no glass window, my forehead was wrinkled. “The car rides? As if still further? “Inner me.
“Please you select the van that we have provided. All can sit on the side of the window. We will guide you around the Tata Motors manufacturing facility here, “said the man was an employee of Tata Motors.
Without asking, I then select the leading van and took a stool at the side of the door. My goal, so that when he arrived at the location of the assembly plant, I could go down more quickly.
But my guess fumble. Tata Motors factory is very large, unlike the automobile factories in the country I have ever visited. Tata Motors factories around the facility on foot it seems like you are doing.
Extensive manufacturing facilities in Pune Tata Motors reached 325 hectares. This means three times the size of land owned Toyota’s manufacturing facility in Karawang.
So no wonder if Tata Motors presents ‘fleet travel’ to support guests who do a factory visit. And unique, it turns out the car that we crawled inch by inch in the Tata Motors factory. But if the Toyota or Honda factory in Karawang we simply walk away.
“Imagine if we had to walk, it can be drunk. Huge turn out. It’s hell, one-stop manufacturing. Steel entrance, exit (factory) so the car, “said journalist friend, while comparing with vehicle manufacturing facility in Indonesia.
Yes, that was the fact. Tata Motors factory is not only large, but also has great equipment supported to be able to build the car from zero.
I own a close look at how Tata Motors assisted robotic technology capable, builds transmission system, axle, suspension, chassis, body panels, until the machine. In this factory not only assembled commercial vehicles, but also passenger vehicles, such as the Tata Indica.
So it’s not like the world automobile factories in Indonesia, which only gives us assemble ration-penel body panels, interior, and engine. While the bolts were still imported from Thailand.
What about the quality of the products produced from Tata Motors plant? It tastes pretty common question answered by giving evidence that some truck and bus transmission system Mercedes-Benz was also made at the Tata Motors facility in Pune.
And, the leader in India’s commercial vehicle sales also have to build heavy military vehicles, including large trucks ballistic missile launchers. Remarkably, all can be done at the Tata Motors facility.