Cigarette Excise Rules Turn off the Cigarette Industry Home Based

JAKARTA – Minister of Finance Regulation Number 78 of 2013 concerning the establishment faction and the rates are the results of Tobacco Excise on 10 July tobacco companies considered burdensome. Because the tobacco companies are also feeling the impact of small scale within the rules and the increasing cost of cigarette production.

Directorate General of Customs and Excise, Ministry of Finance (DJBC) assess FMD number 78 in 2013 to protect the small tobacco companies. Moreover, the said allegations DJBC small cigarette companies berusahaan impoverish themselves the result of PMK.

New Cigarette Warehouse businessman Ali Khoizin says, PMK 78 in 2013 can not protect small tobacco companies. According to Ali, the regulation on a proposal from foreign tobacco companies to dominate the cigarette market in the area.

“Big Tobacco Factory which is mainly owned by foreigners, to win the competition is not only competing in the market but it also regulates foreign manufacturer regulations. Companies that want to grow small trimmed with PMK rule 78, including through terafilisi clause is not rational,” he told reporters in Jakarta, Tuesday (02/07/2013).

Ali explained that the cigarette company in Indonesia, the majority of family-based. For example in one family could have different cigarette factory. In the PMK, each manufacturer has a characteristic, because there is a family relationship and the amount of production to comply with, the provisions of the PMK is melted and imposed high tariffs.

“Logic in the 78 FMD misguided. Malang In one family of six brothers but then there is one other thing as hostile and each has a cigarette factory. Was right blood relations, family relations, but they are hostile, how to put together,” he stated.

In fact, he added, if the cigarette excise specified in the tariff, then certainly a small cigarette industry would collapse.

“Cigarettes will be the same rate we are exposed to. Though there is cultural value of the tobacco industry, the government ignores the values,” he concluded.

Oil production in Tempino-Plaju Disetop For Looting, Stock Fuel Safe

PT Pertamina (Persero) South Sumatra asked people not to panic about the availability of fuel oil (BBM). Pertamina guarantee enough stock of fuel, although oil production of pipe-Plaju Tempino stopped due to looting or theft.

“There’s no problem so stock enough for South Sumatra,” said Pertamina’s Marketing and Commercial Director Hanung Budya during the discussion with the media at the Hotel Grand Hyatt, Jakarta, Tuesday (07/30/2013).

According to Hanung, crude oil production (crude oil) from Tempino-Plaju only 12,000 barrels / day or 2,000 kiloliters (KL) crude oil refined per day. Of that number only 70% or 1,400 KL which can be fuel oil (BBM).

While the current stock of fuel remaining 4 million KL. Production of oil through pipelines Tempino-Plaju accidentally closed by Pertamina due to rampant theft of crude oil in the region.

“So 2,000 KL of crude oil produced, 70% is a fuel, or about 1,400 KL per day. Stock fuel we’re still 4 million KL. 1,400 KL less if need, there’s no problem. So enough stock,” he added.

Pertamina continues to check and re-look at the inventory and increase the amount of fuel consumption especially before Eid. However, if the fuel is not sufficient, it is ready to bring up to 200,000 barrels of fuel imports.

“We continue to check every day we have to keep a minimum stock. Cessation of operations actually no impact on fuel supplies in South Sumatra. Reduced if indeed we are probably going to import one cargo of 200,000 barrels and finished (are wrong),” Hanung said.

Food Production Down 50 Percent in North Sumatra

Realization of crop production in North Sumatra until May 2013 is still below 50 percent, as the impact of extreme weather.
Secretary of the Department of Agriculture of North Sumatra, Lukman Nulhaim Dalimunthe, in Medan on Monday, revealing, for the realization of the rice crop production until May 2013 reached 1,691,353 tons, or 43.64 per cent of the target this year.
While corn production reached 522 696 tonnes or 34.99 percent of the target 1.49405 million tons, while Soy lower that 32.22 percent or 4,361 tonnes from 13 533 tonnes of production plans.
He admits, there is also interference in rice, corn and soybeans in North Sumatra caused either disease, drought and mice.
But the attack was still judged to be too intrusive and the Department of Agriculture has done handling the disturbances on the plant.
Chairman of the Indonesian Corn Growers Association (Hipajagin), Jemat Sebayang said rat infestation has lowered corn production farmers in North Sumatra nearly 20 percent of the average farmer yields a number of 8-10 tons per hectare.
Rat attack occurred in Karo and Langkat and was followed by extreme weather caused corn harvest in July-September certainly reduced.
In Karo, the attack occurred in the District Mardingding rats, Lau Balem and Tigabinanga.

Profit Perhutani first semester of 2013 reached Rp466 billion

Profit before tax Perhutani to end first semester of 2013 reached Rp466 billion, up 179 percent from Renca Budget Work Company (CBP) has been determined.

According to a press release from Perhutani received by AFP in Jakarta, on Saturday, the profit of the many donated from round timber sales in the country reached Rp882 billion and Rp520 billion overseas reach.

In addition, sales of other industries in the country reached Rp232 billion, sales of finished wood products industry from abroad totaled Rp50 billion and sales of processed wood (raw sawn timber) in the country reached 30 billion.

Gondorukem products, processed pine resin is the second largest income producer for Perhutani with the value of exports jumped 12 per cent of the target in the CBP. Perhutani gondorukem export markets are Europe, Japan, China and several other countries. Gondorukem Perhutani is the largest producer in Indonesia and Southeast Asia.

Director Sukmananto Perhutani Bambang said targets and business outlook for the second half of 2013 Perhutani directed at four things, ie achieve the production target node exceeds the first half, giving priority to the principles of sustainable forest management, the industry will begin to prepare for productive use and make savings in anticipation of price increases oil to the forest industry.

Perhutani also has several projects such as the completion of construction of the plant in Pemalang gondorukem derivatives, sago factory in Sorong, Papua Perhutani headquarters and development in collaboration with other state-owned enterprises.

Extreme weather, Onion Production Dropped

Onion harvest has started in some areas, such as Nganjuk and Probolinggo. However, extreme weather conditions that occurred this year make onion production of farmers losing half of normal conditions.
“Under normal conditions, the average onion production 20 tons per hectare. Now the average production of 10 tons to 11 tons per hectare,” said Vice Chairman of the Indonesian Red Onion Seed Association (APBMI), Akat, told Tempo on Tuesday, 30 July 2013.
In addition to the production down, Akat said the cost of onion production in the growing season is also increasing. Akat example, the current cost of onion production in Probolinggo of Rp 75 million per hectare, while in Nganjuk Rp 90 million per hectare, including land lease costs.
“This year, the high production costs due to higher seed prices. Maintenance costs are also high due to the high need for pesticides. Additionally, labor costs are also rising,” said Akat.
Akat said that onion prices at the farm level Rp 25 thousand to Rp 30 thousand per kilogram. Akat admitted, with this price level, farmers are still able to enjoy the benefit.
Despite declining production, Akat not expect the government to tap the import of red onions. Moreover, the peak onion production will take place on August 2013. Akat said it feared import onion to make onion prices at the farm gate sag.
“New no import information, prices at the farmers has dropped from Rp 30 thousand per kilogram to Rp 20 thousand per kilogram. Especially if anyone realized,” said Akat.
Akat said, with the influx of imported red onions, the traders do not dare to buy local red onion with a high price. The entry of onion imports, according Akat, would only reduce the price at the farm level, not at the consumer level.
“Yesterday, the price at the farmers down there when importing information, but the retail price in the market is still high, still Rp 50 thousand to Rp 60 thousand per kilogram,” said Akat.
In the second half of 2013, the government gave import quota 16 781 tonnes of onion. Until August 25, 2013, it is estimated approximately 4,718 tons of onions will arrive in Indonesia.

Market turnover Toyman Gembrong rose 30 percent during Lebaran

People who thronged Gembrong Toy Market, Jatinegara, East Jakarta bring sustenance to the merchant. Some vendors claim their turnover rise during Lebaran.

Herry (48), Kawan Lama toy shop owner, said turnover during Eid can be increased by 30 percent when compared to normal days.

“When Eid is a lot of people are looking for a toy for his son. Because right now Lebaran many children who received red packets of money,” he said.

Herry said the most sought after toys this time is a car racing car tamiya and “remote control”. Price range 10,000 Tamiya racing car to Rp 40,000, while the car “remote control range from 50 thousand up to Rp400.000.

Moreover, tamiya accessories like a “track” for the race also much sought after. While most toys sold in the market Gembrong is imported from China, Herry said “track” tamiya he was selling a local product.

“Scooters and scooters otopet genjot too much demand. Otopet Scooter prices range from 150,000 to 250,000, while the scooter genjot ranged up to Rp700.000 Rp600.000,” he said.

When Herrera expects an increase in turnover on Eid this time, Toto (40), owner of the store actually pessimistic doll Dolls Vareency can reap many benefits.

“Lebaran this year is not like last year. Though I have prepared a lot of stock because they thought this year would be the same as last year,” he said.

Toto estimates that turnover will he be on Eid this year will only be the same as Sunday on weekdays only.

Toto said Hello Kitty dolls and stuffed Minion is currently the most popular and most sought after.

Flooded Garut cap craftsmen Orders

Craftsmen cap in Garut regency, West Java, flooded with orders. Their turnover also increased significantly by up to 80 percent of the day usually. “Orders have started much before entering the fast,” said one craftsman, Uus Saefulloh, 34, of Kampung Barileuk, District Samarang, Saturday, July 20, 2013.
According to him, the more ordered cap made ​​of cotton fabric and knitted materials. However, to meet the market demand, he claimed to produce 10 kinds of cap. Goods sold many of them hired skullcap An-Nur and knitted silk screening, screen printing opal, opal knitted, and copies of zam-zam or popularly called Madun Si cap.
In one day, Uus claimed capable of producing 250 to 400 scores to employ more than 10 employees. Price per kodinya varies, depending on the material and the level of difficulty in the making. Start up Rp80.000 50,000 per kodinya. “In sebulun like today, can get a turnover amounting to Rp48 million,” he said.
Other craftsmen, Dian Kusdinar, 40 years old, resident Sukapadang, Tarogong Kidul, admitted, increasing the ordered items will take up ahead of Eid al-Adha. The reason is because many Muslims who used to worship tarawih and silat Id. If before the pilgrimage season, skullcap is usually used as a souvenir. “The business of this production is a routine every year,” he said.
Skullcap from Garut has penetrated the market in Jakarta, Surabaya, Jambi and Padang. Not only that, there are also among the large employers who send skullcap from Garut to be exported to foreign countries such as Middle East countries.

JAL profit down 31.9 percent

Japan Airlines (JAL) announced a net profit in the April-June period fell 31.9 percent to 18.33 billion yen (187 million dollars), after rival All Nippon Airways reported a loss due to soaring fuel costs.

JAL, which re-listed its shares in Tokyo last year after a bankruptcy restructuring high performance, reported sales totaled 294.1 billion yen, up 2.6 percent.

While the carrier did not give specific reasons for lower profits, where a sharp decline in the yen exchange rate has boosted the price of fuel is predominantly dollar-denominated purchases. Fuel is one of the biggest cost element for the aviation industry.

Four months Boeing Dreamliner in-“grounded” also hit two largest airlines in Japan, where ANA said on Tuesday that the crisis has helped drag losses of 6.6 billion yen for the three months to June.

For the fiscal year to March 2014 JAL retaining previous forecast unchanged, the net profit of 118 billion yen in total sales of 1.272 trillion yen, reported AFP.

Bank Permata Raup Rp 818 Billion Net Income, Grows 15%

Jakarta – PT Bank Permata Tbk recorded a net profit after tax (consolidated – unaudited) of Rp 818 billion in the first half of 2013, an increase of 15% over the same period in 2012.

Total operating income reached Rp 3,205 trillion in the first half of 2013, 12% higher than the same period last year of Rp 2,859 trillion, driven by good growth in net interest income and fee-based revenue (fee-based).

The net interest income grew 12% yoy to Rp 2,568 trillion, with sustained strong credit growth. While the revenue-based fee (fee-based income) rose 11% yoy to Rp 638 billion.

Director of Permata Bank, David Fletcher said the company’s operating performance improved strongly in the first half of 2013 was made possible through corporate discipline in carrying out the strategy.

“Permata Bank ended the period with a strong record of financial performance and good momentum in both segments of retail and corporate banking business (Retail and Wholesale Banking),” he said in a press release on Tuesday (07/30/2013).

The second half, continued David will bring a new challenge in the form of increased interest rates and the dynamics of the economy.

“Nevertheless, we believe that the Bank is in a good position amid this uncertainty,” he said.

In the first half of 2013, loans grew by 27% yoy from Rp 84.4 trillion at the end of June 2012 to Rp 106.9 trillion at the end of June 2013. Credit growth in almost all business segments, including strong growth in SME business, mortgage and lending to corporate and middle segments of the local market. Total assets reached Rp 144.3 trillion, up 31% yoy from Rp 110.6 trillion as of June 30, 2012.

More diverse funding base and grow sustainably. Third-party funds, including the Sharia – increased 32% yoy to Rp 116.1 trillion, where current and savings accounts (CASA) each recorded an increase of 16% yoy and 6% yoy. Meanwhile deposits recorded strong growth at 41% yoy. Sharia financing recorded a significant increase in the amount of 95% yoy.

Excellent credit quality reflects the Bank’s compliance to always keep the principle of prudence. Non Performing Loan (NPL) Gross improved to 1.2% as of June 30, 2013 compared to 1.6% in the previous year. Similarly, the net NPL has also improved to 0.4% from 0.5% in the same period last year.

Permata Bank also maintains a healthy level of capital to risk weighted assets (RWA) and ended the period with a Capital Adequacy Ratio (CAR) of 15.6%, up 232 bps compared to the previous year in spite of the strong credit expansion. Shareholders’ equity grew 35% yoy to Rp 13.2 trillion at the end of June 2013, supported by a limited public offering / PUT (Right Issue) by the Bank in the year 2012.

Home Industry Traditional Sweets Maker

Traditional sweets are made from natural ingredients appear to be increasingly eroded by a flood of candy-flavored modern candy, including candy imported from various countries. One of the traditional candy maker entrepreneurial surviving is Mr. Irwan (46 years old) with his wife, Sartini (40 years). Mr Irwan with his wife to be smart to look for solutions and innovations for the business they have done all these years, can remain on the level of business competition is increasingly high, especially the products are packed modern. One of the tactics that he did was to package sweets with lottery products. So, in a few candy wrappers which he tucked a small paper containing a number of prizes, like a toy car, pencil, small dolls, plastic cups, toys and gifts other children. With so many children, including teenagers who are interested in buying Mr Irwan production of traditional sweets that taste and smell pretty bad. Homemade candies Mr Irwan 100% made ​​from traditional. Confectionery products include: candied ginger, candied papaya, candied fruit and candied Blimbing of orange peel. In the production process, he was still using simple tools. The following briefly described one way of making the sweets, the candied ginger.