CIMB Group Raup RM 4.35 Billion Profit for 2012

CIMB Group Holding Berhad announced a net profit of RM 4.35 billion in fiscal year 2012. This figure is up 7.8% over the same period the previous year.

“We return a high profit for FY12 because almost all business units to increase revenue numbers,” said Group Chief Executive, CIMB Group, Dato Nazir Razak in Kuala Lumpur, Malaysia, Wednesday (04/17/2013).

Recorded earnings are equivalent to net earnings per share valued at 58 cents and the rate of return on equity of 16%.

The company achieved net profit in the fourth quarter of FY12 stood at RM 1.082 billion, or 5.3% lower than 3Q12 net income, and lower by 4.5% from 4Q11 net profit, amounting to RM 1.133 billion.

“CIMB Group’s revenue in FY12 experienced increased 11.3% over the same period previous to RM 13.495 billion,” he added.

Net interest income rose by 10.6% while non-interest income increased 12.7% due to capital market transactions exceeded the highest plus increasingly aggressive treasury market activities.

“Without taking into account the advantages and CIMB Aviva deconsolidation amounted to RM250 million in 4Q11, an increase in non-interest income amounted to 19.8%,” said Nazir.

Increase in CIMB Group’s profit before tax was higher by 9.1% to RM 5.678 billion.

“Profit before tax generated regional consumer banking unit of CIMB Group in 2012 rose 23.9% to RM 2.323 billion,” he said.

PT CIMB Niaga Tbk (BNGA) to contribute pre-tax profit by 34% to CIMB Group. 2015 is expected to increase to 40%.

“I think 2015 could be 40 percent,” said Razak.

Even so, the Group has no plan to add an injection of capital into CIMB Niaga. “If Mr. Arwin capital may ask, but I think it has been pretty,” he continued.

Nazir said the target is given as see good prospects in the banking market in Indonesia.

“We see the ratio, very attractive. Terms of the macro-economy is also growing rapidly. Macro management and banking regulation is good,” said Nazir.

On the same occasion, President Director of CIMB Niaga, Arwin Rasyid, said CIMB Niaga has committed to continue to develop products and services micro and small enterprises (MSEs) in Indonesia while maintaining good credit quality.

“Our initiative is in line with Bank Indonesia regulations that establish bank credit portfolio in the MSE sector by 20 percent in stages by 2018,” said Arwin.

Responding to these rules, the CIMB Group is also committed to undergo such a rule.

“The rule is good, we will obey it,” he continued.

Cable Industry Optimistic ASEAN Free Trade Deal

Jakarta-As preparations for the ASEAN Economic Community in 2015, Vice Minister of Commerce visited the factory wiring Krisnamurthi PT Supreme Cable Manufacturing Commerce (Sucaco) Tbk. Wires and electronic equipment is one sector which is set by default in the free trade in the region.
“It turns out we are ready to face competition because the company is apparently one of the best in ASEAN,” said Bayu at the factory Sucaco in Daan, West Jakarta, Monday, July 29, 2013. Factory covering an area of ​​14 haktare was already 41 years old and is one of the oldest cable factory in Indonesia.
According to Bayu, PT Sucaco been exporting its products to Japan and other countries in the Middle East are taking a higher standard of ASEAN. However, exports are now stalled because the domestic market absorbed all of its products.
As the economy grows, the need for cables and equipment in the country is growing. This additional requirement apparently was overtaken by the domestic industry in which the culprit was more than 100 companies.
As a result, Indonesia’s trade balance was a deficit of electronic products. Last year for example, the Central Bureau of Statistics noted that the export cable and electronic products only reach U.S. $ 7 billion, while imports reached U.S. $ 15 billion.
Jamallulail Noval, Chairman of Cable Manufacturers Association (Apkabel) states, the main obstacle in the cable industry is the issue of raw materials. Although Indonesia is producing copper and aluminum, but in fact the cable industry still has to import both these metals. “Because here there is no industry median, so it should be processed beyond the first,” he said.
Another problem, the import of raw materials seengah so it turned out to be between 10-15 per cent import duty. “It’s somewhat reduces our competitiveness for export markets,” said Noval.

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.

Yunanto and Nia Not Know the Benefits of Wood Telasih which they distilled

The husband and wife, aka Yunanto Sarnu (41) and Nia Vermiasari (35) the owner of the essential oil distillation plant (glued) resident of the Village / District Jenangan, Ponorogo confessed to this day do not know and do not believe if the distillates telasih wood and roots are raw materials world-class best ecstasy.
However, NIA hopes not happen with her team brought the National Narcotics Agency (BNN) after a raid 5 locations refining his tube on Wednesday (24/7) yesterday.
Moreover, since the location of the existing refineries in the backyard of the house was fitted with a line of police line, Nida and his work was not able to carry out activities to distill essential oils (glued), eucalyptus, cloves, betel leaves, and others that have been used as raw materials medicine and has been occupied since the year 2006.
“I wish my husband was okay because my husband does not know if the wood oil telasih raw materials that are prohibited countries. I wish my husband could return home as soon as possible,” said Nia Velmiasari to Surya, Thursday (25/07/2013) .
Nia further refining tell if the plant roots and the wood began to distill telasih since meeting with the Madison citizens Siti Sundari dimembengkelkan telasihnya wood to be grease.
Nia and her husband immediately believed and menyulingan demand Siti Sundari who just knew it because it was the reason for insecticide raw materials.
“Yes I was shocked and surprised when suddenly officers from BNN and the police came. Moreover, immediately see a distillery patchouli behind the house. Getting shocked when I explained that refined wood since three months ago it was the oil as a raw material for making ecstasy. Currently My husband was also brought to Jakarta, “added the woman’s shoulder-length hair.
Additionally Nia revealed that she and her husband and several workers at refineries located in the back of his house doing wood distillation telasih since there is a young woman who claimed to be from Madison.
At that time, young wanit who called Siti Sundari was asked to menyulingkan telasih wood that has been purchased from the District Ngebel.
“If the oil has become my husband will be rewarded Rp 250,000 per kilogram,” he said.
When pressed for the umpteenth kalinnya telasih wood refined oil turns a raw material for making ecstasy class number 1 in the world, Nia said he did not know at all.
According to him, that they do business with her husband since 2006 is like a seamstress. If there is a message dibikinkan clothes at her request.
“We are the proverbial tailor clothes. If anyone sew their own clothing with fabric and yarn to bring themselves living without spending the fabric of his hire. Similarly, we do not know if we’ve distilled the ecstasy drug ingredient,” he explained.
“I know the family and the young woman named Siti Sundari was due to come into my home. Currently I think student research. Currently claimed to have met the direct orders of the wood distillates telasih. Due to the refining work that has long struggled when we can offer our not suspicious at all. Moreover, every month is taken Siti Sundari here without him. So we’d trust with the smooth payment of money, “said the wife of this Yunanto.
Team of the BNN, Kombespol Slamet said the investigation had been carried out since the last three months.
BNN team already in Ponorogo since a week ago. However, the new Wednesday and immediately cracked the raid to the suspected location of the home industry.
“It’s been almost a week we were here, finally found a pile of wood made telasih ecstasy raw materials to be shipped to Australia. Madiun If on the scene just a purchasing agent of oil,” he added.

Market Down, Kalla Toyota Remain Optimistic

MAKASSAR, – Automotive Market this year was not as predicted. Previous dealers predict car sales in mid-year will be better, the reality is not as expected.
Based on data Polreg call centers in Sulawesi (except Sulawesi), the automotive market in April 2013 and May recorded as many as 4,800 units 4,596 units. In June this year, the market fell again to number 4,278 units.
Director of Operations Kalla Toyota, Hari Kaimuddin said, although the total market has decreased, it remains optimistic sales recorded this year is better than last year.
“Last month we try to be optimistic if the market rose in June. Moreover, it is always the beginning of the year sales fell. But it turned down (June). Bgitu However, we remain optimistic,” he said last weekend.
Kalla Toyota as the Toyota dealership in Sulawesi (except Sulawesi) in June 2013 posted sales of 2,281 units. Slightly decreased from the previous month’s sales are recorded 2,344 units.
“In terms of sales are down, but in terms of market share, Toyota rose to 53.4 percent,” he said.

Chairman of the Association of Meatballs: Meatballs Home Industry Feels Better

Meatballs made readily available large-scale industry. Ranging from traditional markets, modern markets, until the restaurant. However, homemade meatballs cottage industry remains the most savory. Chairman of the Merchants Association Noodles and Meatballs (APMISO) Indonesia has a reason.

According to the Chairman APMISO Trisetyo Budiman, tasty meatballs least determined by the purity of beef used. For meatballs, commonly used secondary cut of beef, such as topside, knuckle, and rump. In fact, those who use the primary cut of meat like a cube roll or tenderloin.

Sure, the price is not cheap raw materials. Moreover, a good meat for meatball ingredients is minimal fat meat. In addition, the composition of which is true meatball is more meat than flour. “8-10 kg of meat at the most appropriate sagunya 4-5 ounces, half a kilo,” Tri said when met at the office detikfood APMISO (29.04.13).

This is where the point distinction meatballs from large industries and cottage industries, namely the composition of meat and flour. Tri argues, large industries that supply supermarkets to sell their products at a low price in order to sell. This is done by increasing the flour over the meat. “More comfortable home industry for daring to give the meatballs with 99% beef,” said Tri.

Tri confident cottage industry will be equivalent to the branded companies. “It is possible, because of the taste (cottage industry) win,” he said optimistically. However, Tri recognizes small businesses still lost the other factors.

An example is the ignorance of a good business location because they do not have access to the information. “If the silent branded’ve visited, emailed, in-fuel,” he said. And he lamented, serving 20% ​​of SMEs in the malls now only discourse. “Policy makers should be encouraged, to provide support to SMEs to the next grade,” he continued.

Tri alone has venture Meatballs Ino who had scattered in Jakarta and outside the city. Most of the home-based industry-made meatballs sold in stores Meatballs Ino. However, those that are sold at retail raw.

In Jakarta, the brand meatballs are quite popular cottage industry in the traditional market is Monalisa. In Bandung, there Midshipman and Meatballs Meatballs Cihampelas. Modern market that target the middle class is usually filled with names like Meatballs Meatballs Kebun Kusno and Orange, which, according to Tri relatively large-scale industry.

Earn Income AXA Mandiri Rp 1 Trillion in 2012, Up 20%

PT AXA Mandiri Financial Services (AXA Mandiri) net profit in 2012 reached Rp 1 trillion, an increase of 20% compared to net income in 2011.

In addition, the company recorded total premiums amounted to Rp 5.67 trillion during 2012, an increase of 17% compared to premium income in the same period in 2011.

In 2012, AXA Mandiri has recorded an increase in funds under management by 30% from the previous year to Rp 13.8 trillion. The increase in total assets triggered AXA Mandiri increase by 24% with the acquisition of 2012 reached Rp 14.3 trillion

AXA Mandiri President Director Jon Sandham in the exposure of the company’s performance in Jakarta today explains, AXA Mandiri profit growth is influenced by the level of customer persistency which further premium payments increased 59% over the previous year.

In addition to the investment performance recorded significant growth with the growth of investment was 64% compared to the previous year.

“AXA Mandiri’s performance during 2012 has shown significant positive growth and of course this is thanks to the solid cooperation between the two shareholders, namely Bank Mandiri as the largest bank in Indonesia with a wide network and a global AXA experienced in managing life insurance,” says Jon in a written statement on Tuesday (4/30/2013)

Growth in net income and assets further strengthens the company’s financial health conditions AXA Mandiri, visible from the capital adequacy ratio has considered aspects of risk (risk based capital / RBC) which reached 368% for the conventional portfolio and achieve 81% to fund tabarru ‘of sharia portfolio.

These figures far exceed the minimum requirements required by the regulator that is 120% for the conventional portfolio and 15% for the portfolio of Shariah. Even compliance adequacy ratio of 30% for new Shariah portfolio required at the end of 2014.

“The figure shows that AXA Mandiri is able to provide protection and client obligations on the requirements set by the regulators,” said Chief Financial Officer of AXA Mandiri Iwan Pasila.

Business growth throughout 2012, the company claims to be the market leader in Indonesia bancassurance. AAJI report on the third quarter of 2012 showed AXA Mandiri is located at the top of the bancassurance market share of 34.1% by Weight New Business Premium.

AXA Mandiri will continue to enhance the company’s growth and its commitment to utilize its financial strength in order to improve service to customers and support sales reps.

“This includes providing services proactively reach customers as services that directly serve the customer makes a claim on health care for example through our Care Corner in RSPP,” said Jon.

Batik entrepreneurs Complaining Export Difficulties

Batik entrepreneurs of small and medium scale industries in Surakarta complain of difficulty for export. Difficulties due to the high export standards applied by the government, such as production standards, labels, and hospitable environment. To meet the standards, the costs are also not small.
»What we regret, government implement high standards and difficult to batik to be exported. Though Indonesian batik, “said the owner of batik Lor Market Ing, Widhiarso, as marketing strategy discussions batik in the international market at the Islamic University of Batik (UNIBA) Surakarta, Tuesday, July 30, 2013.
On the other hand, the government seemed to ease the entry of goods imported into Indonesia. As a result, Indonesia is controlled by imported products, including batik textiles. “Unfortunately, our society is happy with smelling product imports.”
He asked the government to facilitate the export process for batik. As a cultural heritage of Indonesia, batik role introduced and became an icon of Indonesia in the international world. He admitted during the batik entrepreneurs, especially in the village of batik Laweyan, have attempted to adjust to the foreign buyer. For example about the style, quality, and environmentally friendly production processes. According to him, the government rules actually hinder exports.
Other batik entrepreneurs, Achmad Soelaiman, said other challenges batik exports come from the country of destination. As in Malaysia which forbids existing Indonesian batik products into the country. »The goal is to protect their batik industry based in Terengganu and Kelantan,” said Puspa Kencana batik owners.
For that, he tried to outsmart by offering a white cloth as raw material of batik in Malaysia. Malaysian batik entrepreneurs usually bring a white cloth from Thailand and China.
Having established the business long enough, eventually he gained the confidence to produce Malaysian batik in Indonesia. »Then exported to Malaysia,” he said. He added, Laweyan batik entrepreneurs actually start exporting batik since the 1970s, although the numbers are limited.
Lecturer UNIBA Surakarta, Siti Endang Rahayu, said sales of batik Laweyan quite encouraging. To prevail in the international market, he advises entrepreneurs batik attention to culture in the country of destination, the efficiency of the production process to improve competitiveness, and look at the rules. For example, should not be using a mixture of certain ingredients in the production process.

Tanjung Field Oil Production Targets Up Significantly

Application of Enhanced Oil Recovery (EOR) in Tanjung field by Pertamina EP is expected to increase production up to four times.
“After the pilot EOR project in Tanjung Field has been completed which is around 12 months, later launched a new project as a whole, is expected in the next few years oil production can be increased three to four times,” said Deputy Minister of Energy and Mineral Resources, Susilo Siswoutomo hope, Monday (07/29/2013).
To support the EOR program, Pertamina EP will make 48 to 50 injection wells and production wells 134. “We expect production to reach 18,000 barrels per day in 2016,” said Vice Minister.
Susilo added that this applied EOR process will not interfere with the environment because that is injected is not a hazardous material. “The adverse effects on the environment, does not exist because it is injected salt, soda and surfactants made IPB. The whole must meet environmental criteria, so no one will be channeled into the trenches, “said Susilo.
Regarding the success rate of the EOR project, Susilo said, depending on the indication shown from the results of wells that have been injected, the current has been injected for eight months. The result, based on three monitoring wells of 300 meters which dinjekskan showed an increase in production.
EOR technology is one of the advanced oil depletion method for optimizing the production of an oil and gas field. EOR is a key national oil production, but the high cost is an obstacle in the application of EOR application.
Tanjung Field EOR project contract was signed in 1989 followed by a pilot project in 1990 and began full operation in 1995.
At the time of the injected fresh water into the well of 100,000 barrels of water per day, and produce oil in the range of 10,000 barrels of oil per day. Currently EOR with chemical injection was implemented Pertamina EP’s especially Tanjung Field by injecting in one of the wells as a pilot project.

Pawnshops profit vanish 20%

Pawn PT (Persero) recorded a decline in first-half profit in 2013 amounted to Rp718 billion. The decline equivalent to 22 per cent, compared with the previous acquisition of Rp929 billion.

Director of Mortgage Finance Agus Dwi Pramoedya said the decline in profit due to the decline in gold prices Pawn. “Earnings in the first half we declined, due to the decline in gold prices greatly affect the performance, so terkspos pawnshops with gold prices, gold prices fell borrowing had come down,” said Dwi on Pawn Headquarters, Jakarta, Thursday (01/08/2013).

Dwi explained, for income, Pawn still recorded an increase. Where the report in June of this year recorded revenue Rp 4, 1 trillion, or an increase of 6.5 percent over the same period last year, which is Rp3, 8 trillion.

While the number of assets, Dwi said today there was an increase in total assets Pawnshops, where the current total assets Pawn Rp33 trillion, up 13 percent compared to last year’s total assets amounted to Rp29 trillion.

“Customers we still rose to 14.4 million compared to June last year, there was an increase of 5 per cent, last year’s 13.7 million customers,” he added.

Further Dwi, turnover Pawn until June submit their increased 6 percent to Rp46 trillion last year reached Rp43 trillion.

Meanwhile, the increase in Islamic mortgage that has increased 8.6 percent, where as of June this Pawnshops scored 6 trillion last year compared with the same period amounted to Rp 5, 5 trillion.

“Operating revenues actually still rising, with the increasing number of our customers, it looks the business we’re still growing,” he said.