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Jakarta (Reuters) – The flow of foreign funds is expected to re-enter the domestic capital markets following a rise in interest rates by Bank Indonesia or BI rate to 6.5 percent, said a stock market analyst.
“Indonesia is the only country to raise interest rates amid slowing economic conditions the world is. Thing that will encourage the flow of foreign capital back to the Indonesian capital market in the second half,” said analyst Hamid Agustini Recapital Securities in Jakarta on Wednesday .
He added that funding opportunities foreign investors back to Indonesia’s capital market is quite large due to the current interest rates in the U.S. only by 0.25 percent.
“The purpose central bank to raise interest rates to attract foreign investors to remain invested their funds in Indonesia,” he said.
Moreover, he added, if the U.S. economic stimulus program was decided to be extended by the Fed that foreign funds will be returned to the country and rose to the level of 5,000 points.
Agustini adding he was optimistic BEI index still can reach levels above 5,000 points, sustained by the strengthening of the shares in the sectors of infrastructure, building construction, in particular sub-sectors of basic industries of cement, consumer, banking and finance.
Head of Research at PT Universal Broker Indonesia, Satrio Utomo said in the last four trading days, foreign investors began to re-enter the Indonesian capital market, although not yet significant. That’s because that sentiment is more external than domestic role.
“Moreover, later this evening, the Fed will provide testimony, expected to be seen from the direction of Fed policy for the second half of 2013, a positive for the market,” he said.
Satrio suggest in the next few days investors can collect banking sector stocks, consumer and construction sub-sectors. Investment strategy is accumulated when the stock price is declining
Performance PT Garam (Persero) until the first quarter of 2013 was still less than satisfactory due to the decreased production of salt. This was stated by Minister of State Owned Enterprises (SOEs) Dahlan Iskan. Even so, the former president director of PLN is informed with the condition.
“Salt is still bad performance. See it continues to rain, wet dry so it can not harvest the salt. These three months can not be production, but because of the weather so what can we do,” Dahlan said in Jakarta on Monday (22/7).
Dahlan stated that the manufacturer and distributor of salt salt production recorded a decrease to 40 percent due to weather uncertainty. In addition to salt, some sugar mills owned owned company also decreased production.
“If the sugar factory is still good, but not as good as planned. Farmers can not harvest cane, difficult and high cost of transport, wet mud and cane sweetness level is also declining,” said Dahlan.
Eating, Dahlan says, red plate sugar financial statements have not been better than last year. “Growth slumped 30 percent,” he said.
Industry Minister Mohamad Suleman Hidayat, said the production of environmentally friendly cars cheap (low cost green car) this year could reach 75 thousand units. »Less than 75 thousand units, but I am optimistic that it can produce for it,” he said at the office of the Coordinating Ministry for Economic Affairs, Monday, July 8, 2013.
Hidayat said that if it can produce at full capacity, the LCGC Indonesian market is estimated to reach 300 thousand units a year. Until now, he said, there are some manufacturers who already produce LCGC as a stock. But, he could not be sure how many cars that have been produced.
Regarding the price, Hidayat sure that the limit price of USD 95 million off the road not to burden the manufacturers. According to him, the benchmark price of a maximum selling price. Prices may increase or decrease based on the addition features such as transmissions or if manufacturers develop new technologies. »There’s still space price, for transmission problems 15 percent, if new technologies develop 20 percent. Later clever-clever businessman only in counting, “he said.
Earlier, President Director of Astra Daihatsu Motor, Sudirman, estimates it could produce a green car 40 thousand units this year. The amount of 40 thousand units include, Toyota Agya and Daihatsu Ayla. Daihatsu aims to sell 3 thousand units per month.
Previously, the government has issued Government Regulation No. 41 of 2013 on taxable goods belonging to a Luxury Vehicle. The rule provides incentives luxury sales tax deduction (GOODS) some types of cars with specific fuel consumption. Jutlak Kemenperin a rule derived from the PP.
Luxury sales tax exemption incentives given to cars with a maximum engine capacity of 1200 cc with fuel consumption of at least 20 kilometers per liter. Tax exemption also applies to manufacturers of motor vehicle diesel / semi diesel with a maximum engine capacity of 1,500 cc and fuel consumption of at least 20 kilometers per liter. In addition, there are incentives for low emission vehicles (Low Cost Emission / LCE) with fuel consumption in the range of 20-28 kilometers per liter.
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.
Indian motorcycle manufacturer TVS already has an assembly plant in Karawang. The factory started up since 2007 in 2.5 minutes could give birth to 1 unit of TVS motors.
The factory is located in Industrial area Suryacipta City Jl. Surya Madya I Kav. 1-30 Kutanegara Village, cikampek 41 361 East Karawang, West Java.
It was announced by TVS Motor Vehicle Assembling Indonesia, Agus Ahmad Yani told reporters on the sidelines of TVS factory visits, on Tuesday (07/23/2013).
“Every 2.5 minutes of birth 1 unit of TVS motors here. Granted my opinion is still quite long but it was good enough for us,” said Agus.
In one day the factory has an area of 20 hectares, is capable of producing 150 to 200 units of TVS Motor and consists of 1 line to 1 line for import and export.
“If the 1-year total of approximately 30,000 units and 40 percent for domestic, and 60 percent more for export,” he explained.
To export itself, TVS factory in Karawang cater to several countries in Southeast Asia such as Myanmar, Iran to the Philippines.
“For one month export around 1,000 to 2,000 units and send the type of motor sport ducks and the TVS Rockz, Sport Apache,” he added.
Meanwhile, there are 2 parts to export the CKD and SKD. “For our full part CKD, SKD form that unit but removable front and rear tires,” he concluded.
Work became a regular employee with a mediocre salary, make this a husband and wife and rack my brain thinking how to meet the needs of the household as the prices of essential commodities are at all times always increase.
The wife who like to cook and love to make cookies had the idea to make an effort to channel his hobby with a small pastries that will be deposited in a stall near the in-laws’ house Lanteng region Agung, South Jakarta.
In 2007 the husband and wife named Hendra named Risky Alsany thinking about how to develop the dry cake business to be more developed. Because the cookies are deposited in the stalls near the in-laws house only profit only Rp100-Rp200 per one cake.
However, because the spirit was high and both partners want to widen his efforts, little by little advantages that relatively small savings and make money Rp250 thousand.
? “When deposited in the shop anyway luckily Rp100-Rp200 the same cake but my wife in the tube until around Rp250 thousand, I say why not continue to try to expand marketing, not just in the stall and eventually deposited in a cooperative where I work, it continues walk up to a year, in 2008, “said Hendra told Okezone, as she tells the story of a successful businessman pastries.
The wife who works as a teacher in an English play group Bintaro, where as a faithful husband, who every evening Hendra always pick up his wife from Sudirman, which is the office where she worked towards Bintaro on a motorbike and return home to the Supreme Lanteng .
“Rain, traffic jams and fatigue has become my daily meals. As family who still mediocre, although double my income but it is still there mortgage installments sister college and department of motor vehicles are still concerned,” confidante.
? While the holy month of Ramadan comes, Hendra and his wife decided to make cookies widths. Given the wife who loves to make cakes, of Hendra to support his wife very badly.
Through Hendra expertise in digital marketing, he began a guerrilla in the virtual world, through Facebook. Alhamdulillah, through hard work, when it was very unusual because dry cake merchandise selling up to 156 jars.
“Despite struggling home office to the supermarket to buy ingredients for cakes and cookies jar and keep the oven to stay up hours 1:00 to 03:00 pm, wake up to dawn, with the capital savings are deposited into selling cake stalls,” he said.
Having accumulated cash funds amounting to Rp1, 8 million from the sale of dry cake. Hendra with his wife kept turning his brain to re-develop the business.
“I’m not one to keep quiet even while working but the brain continues to spin about what ya after Lebaran business that still exist. Because if only for a moment Lebaran cookies alone,” said Hendra.
? Finally the second business opportunity came, her cousin who lives in Depok then resigned from her job in Sanyo, which is Cimanggis business expert. Cousins asked combine business with capital to do business Moslem then deposited a total capital of 500 thousand to Rp 1 million to 20 piece Muslim dress.
“I take 10 pieces he took 10 pieces. ‘Been there you marketed’, but I was confused too Mandarinnya, future sales guy Moslem girl. Already wet but subside after abstinence sail, via Facebook and blog, I re-marketed Moslem , “said Hendra.
On his new business, he expressed in the first month turnover reached 950 thousand, and in the second month to Rp1, 9 million and turned in monthly turnover is always up. It turns out marketing through social networks like Facebook and assisted the business blog more leverage. Given the over-selling sales through cyberspace, he tried to re-sell the business to create their own web-bajumuslimah.com bersitus clothes.
“Buy a domain and hosting, the seventh month of my turnover is above Rp 5 million per month,” said Hendra.
? Looking turnover growing at that time he told his wife to quit working for the care of the merchandise to customer service and Hendra himself as a doubles team marketing and courier.?
“At that time my wife tells me where sufficient turnover still 5 million to the turnover will continue whether or fall. I said, ‘yes I have run it once while working, concurrently CS, marketing’, “he explained.
“Entering the tenth month, the turnover of Rp15 million through mid-2009 when it was around. New at Rp15 million turnover at the top of my wife want to burn the ship stopped working, and be customer service in the business, and during Eid in 2009 our turnover penetrate up to Rp70- 80 million with the increasing number of our agencies outside the region and even from abroad, “he concluded.
Eterindo Wahanatama Tbk PT (ETWA) posted a first-half net profit rose 273.2 per cent to Rp33, 2 billion compared with the same period last year ie Rp 8, 9 billion.
The growth is in line with the company’s revenue increased 51.2 percent to Rp605, 4 billion. The increase is also supported by the large volume of sales. Sales volume stood at 39,000 metric tons, up by 34.5 percent from 29,000 metric tons in the last year with the average selling price of Rp9, 3 million metric tons in the first half of 2013.
President Director Immanuel Sutarto, stated operational performance during the first half of this biodiesel has increased significantly compared to the same period the previous year.
“We hope that the Government will soon implement a policy mix of 10 percent biodiesel (B10) in 2013 as a way of improving national energy security,” he said in a written statement published on Thursday (08/01/2013).
Gross profit increased 58.8 percent from Rp54, 6 billion to Rp86, 7 billion. Gross margin to 14.3 percent from 13.6 percent the same period last year.
Operating profit jumped by 57.1 percent from Rp34, 2 billion to Rp53, 8 billion. Similarly, EBITDA increased 82.9 percent to Rp66, 3 billion compared with the same period last year ie Rp36, 2 billion.
Equity increased from 0.8 times to 1.2 times as a result of an increase in bank debt amounted to 64.8 percent from Rp350, 7 billion to Rp577, 9 billion
to finance the growth of its business.
PT Media Nusantara Citra Tbk (MNCN) posted a rise in net income for the period by 21.1 per cent to Rp1, 01 trillion, compared to the previous period in 2012 amounted to Rp834 billion. The increase in profit was also followed by an increase in revenue to Rp 3, 13 trillion compared to previous periods amounting to Rp3, 04 trillion.
As for the company’s direct expenses decreased to Rp1, 31 trillion, compared with the previous Rp1, 45 trillion. While the company’s gross profit increased to Rp1, 81 trillion compared to the previous period in 2012 amounted to Rp1, 59 trillion. Comprehensive income also rose to Rp969 billion compared to the previous amount of Rp849 billion.
Cash and cash equivalents per the company’s June 30, 2013 amounted to Rp381 billion from Rp809 billion for the previous. The company’s total current assets as at 30 June Rp 7, 88 trillion compared to December 31, 2012 amounting to Rp 6, 76 trillion. The amount of non-current assets by June 30, 2013 amounted to Rp2, 37 trillion from Rp2, 19 trillion.
The company’s total current liabilities per June 30, 2013 amounted to Rp2, 36 trillion compared to December 31, 2012 amounted to Rp1, 25 trillion. Long-term liabilities the company June 30, 2013 amounted to Rp291 billion compared to December 31, 2012 amounted to Rp413 billion.
While the total equity of the company June 30, 2013 amounted to Rp 7, 60 trillion, compared with the previous December 31, 2012 amounting to Rp 7, 29 trillion.