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Environmentally Friendly Credit: OJK Expands Financing Ecosystem

The Financial Services Authority maintains a stimulus policy in the form of relaxation of risk weight reduction for motor vehicle financing,
both those receiving tax relief facilities and environmentally friendly products. Among them are supporting the development of downstream industries, especially those that apply the principles of the green economy, including the processing industry that develops renewable energy. In addition, the regulator supports financing for micro, small and medium enterprises (MSMEs) who are environmentally sound and implement a green economy, expand financing to the manufacturing sector that applies green economy principles in their business operations, and expands the scope of exports of green-based industrial processing products. Regarding the development of a green economy, PT Bank Negara Indonesia (Persero) Tbk. for example, continue to encourage the potential of green banking in line with the increasing trend of green business investment. Meanwhile, PT Bank Rakyat Indonesia (Persero) Tbk. recorded a series of direct contributions from the company to green banking, one of which is by providing financing to the environmentally friendly sector. Not only that, BBRI has also contributed by complying with environmental regulations, improving environmental performance, implementing greenhouse gas calculations, and implementing the company's greenhouse gas reduction initiatives.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Constrained Subsidized Bulk Cooking Oil

The subsidized bulk cooking oil program faces obstacles from the production to distribution stages which have made supply and price stable in the market until now.
The government is deemed necessary to intervene in the distribution of subsidized bulk cooking oil so that the public can immediately enjoy it at an affordable price. Minister of Industry Agus Gumiwang Kartasasmita said the challenges of implementing the program to provide subsidized bulk cooking oil were complex and varied. There are barriers on all fronts, from manufacturers, distributors, to retailers. "We are trying to break it down one by one and find a solution quickly," he said in a press statement. Data collection on distribution channels in the Simirah application plays an important role in monitoring the distribution of subsidized bulk cooking oil. Agus also appealed to producers to be more orderly and accurate in entering data so that the distribution of the subsidized cooking oil program is well documented and any problems in the field can be quickly detected and resolved. Spokesman for the Ministry of Industry, Febri Hendri, added that another violation occurred at the distribution stage, namely an indication of a distribution monopoly. The first distributor at the provincial level, the second distributor at the district/city level, as well as retail agents are suspected to be owned by the same person. By using various methods such as repacking bulk cooking oil, the price formed in the market is finally above HET. Tauhid Ahmad, Executive Director of the Institute for Development of Economics and Finance, said that the government needs to intervene to stabilize supply and prices. One of them is by giving an assignment to Perum Bulog.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Hand over the Water Treatment Plant in Tumbit Dayak Village

PT Berau Coal again showed its commitment by handing over the Water Treatment Plant (WTP) and WTP Operator Training in Tumbit Dayak Village.
The handover of the WTP is part of PT Berau Coal's Community Development and Empowerment (PPM) program. The Head of Tumbit Dayak Village, Ahmad Jamlan, said that the existence of this WTP is certainly very useful and helps meet the needs of clean water for its citizens. In addition to the handover of facilities, PT Berau Coal also provides training to operators as a provision for the management of PAPs and also checks, repairs, and provides necessities. "Therefore, we express our gratitude to PT Berau Coal, which has been trying to contribute to meeting the needs of the people in our village in particular," he told the Berau Post. The Community Development Manager of PT Berau Coal, Hikmawaty explained, that the program to provide clean water facilities in the area around PT Berau Coal's operations, one of which in Tumbit Dayak Village is a form of concern from the company, towards community health improvement programs and environmental programs. "This program is a collaboration program with the DPUPR program, namely Pansimas," said Hikmawaty


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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SehatQ Facilitates Mutual Cooperation Vaccination Services in Jambi, Riau, and Palembang

SehatQ again supports the acceleration of the government's vaccination program by facilitating the implementation of Mutual Cooperation Vaccination (VGR) in three Sumatra provinces, namely Jambi, Riau and Palembang.
This step is taken as an effort to build community immunity or herd immunity, as well as break the chain of Covid-19 spread in the country. "Opening a vaccination center is one of the important efforts to reduce the rate of the virus's spread and reduce the spike in cases that will eventually bring us out of the pandemic. One of the government's strategies is to seek the availability of vaccines and accelerate the vaccination program through the VGR route with business entities and companies so that more people are protected," said Head of Corporate and Regulatory Affairs SehatQ, Pandu Budiarso. This time, SehatQ presented three Covid-19 vaccination center locations for factory workers in collaboration with three local business entities, namely PT. Lontar Papyrus Pulp and Paper Industry in Tebing Tinggi Jambi, PT. Indah Kiat Pulp and Paper in Perawang Riau, and PT. OKI Pulp and Paper in Palembang. The vaccination at the PT Lontar Papyrus Pulp and Paper Industry center at the Cipta Medika Clinic, Tebing Tinggi, Jambi, was held for four days from 16-19 July 2021, targeting 300 people per day. Meanwhile, the vaccination center in Perawang is located at the PT IKPP Pratama Clinic which lasts for 2 days, from 15-16 July 2021. Slightly different, the vaccination for PT OKI Pulp and Paper factory workers will be held on 20-23 July 2021 in Indah Medika OKI clinic with a target of 1,000 people.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Puradelta Lestari's Automotive and Data Center Support Business

PT Puradelta Lestari Tbk (DMAS) has prepared a number of strategies to deal with various conditions in the future,
ranging from land expansion to increasing marketing through digitalization. "We are optimistic that in the future the Deltamas area will be increasingly in demand, in line with its strategic location, namely between Jakarta and Cikarang, as well as being passed by various toll accesses that facilitate distribution. For this reason, the company plans to add access to a new entrance located at KM 41," said the Director Puradelta Lestari, Hermawan Wijaya, at the Issuer Expose 2021 with the topic "The Issuer's Strategy for Developing Global Market Opportunities", Hermawan said, the company also intends to expand the land in the same area in order to unlock potential revenue and growth for the company. "The company also plans to add other entrances to the southern part of Deltamas, so that it can be integrated with the Japex Toll Road," he explained. , will complement the existing 3 large car companies such as Wuling, Mitsubishi and Suzuki.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Bank Sinarmas Code and Transfer Method to Other Banks

Bank Sinarmas is a banking company that has been operating in Indonesia since 1989.
Just like banks in general, Bank Sinarmas also provides various services that customers can choose from, such as deposit services, funding services, mutual funds, to Internet Banking and credit card services. . If you want to make a transfer, you must know the Bank Sinarmas code that will be included in each transaction process. The bank code will make it easier for customers of other banks who want to transfer funds to Bank Sinarmas. Of course you are already familiar with the use of bank codes because each bank does have its own bank code. The Bank Sinarmas code quoted from the book 573 Issuers Listed on the Indonesia Stock Exchange 2018 Edition by Buddy Setianto (2018) consists of three digit numbers, namely 153. This code will be used by other bank customers who will transfer funds to a bank account. Sinarmas. The use of this bank code is valid for all types of banks, both private and government, with the aim of facilitating the identification process of proof of funds transfer between accounts. In addition, this bank code is also a form of communication and transactions made between banks to make it easier and smoother.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Sinar Mas Land Boosts Grand City Township Development

The province of East Kalimantan continues to grow after the government decided to make the area a candidate for the new state capital in August 2019.
The plan certainly has a positive impact on the potential that exists in the City of Balikpapan, East Kalimantan. Seeing the great business prospects and future migration, Sinar Mas Land through one of its townships in Balikpapan, namely Grand City Balikpapan, launched the Cheville landed house product. This is the fifth residential cluster in Grand City Balikpapan after Forestville, Pineville, Hyland, and Hayfield. East Indonesia CEO Franky Najoan believes this cluster will be in demand even in the midst of a pandemic because there are several future economic developments such as the construction of the new national capital in East Kalimantan.


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|• NATIONAL •|Recruitment BUMN 2022 Indonesia
|• INTERNATIONAL •|Job vacancy Makassar 2022 - PT Bank Sinarmas Tbk
|• BANKING •|Child Age Affects Number of Working Women
|• POLITICS •|It's Time to Take a Mortgage in These 2 Prospective Areas, Why?
|• SCIENCE •|Smartfren: It's useless if 5G is only for chat

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Central Bank Policy Direction: Monetary Easing Continues

In the board of governors (RDG) meeting yesterday, Bank Indonesia (BI) decided to maintain the benchmark interest rate of the BI 7-Day Reverse Repo Rate at 3.5%,
and remains committed to being a standby buyer in the primary market for Government Securities (SBN). In fact, the central bank of the United States (US) The Fed is ready to tighten policy in line with increasing concerns about the inflation rate. This was done by stopping the purchase of government bonds and raising the benchmark interest rate. However, according to BI Governor Perry Warjiyo, the Fed is still accommodative and thinks it is too early to reduce monetary policy stimulus or taper. “We see the Fed's tapering will not happen this year. We will monitor it from time to time if there are new indicators that drive change," Perry said the positive developments in global financial markets will have an impact on increasing foreign capital inflows to developing countries, including Indonesia, and also strengthen currencies in various countries. . According to him, the high inflation rate in the US is temporary. Fundamental inflationary pressures are predicted to occur next year and 2023. In addition, the unemployment rate in the US is still quite high. In line with that, Perry gave a strong signal to reduce the purchase of SBN in the primary market or tapering off at the beginning of next year. Most likely BI's position will be ahead of the curve or ahead of the tapering conducted by the Fed.

|•SOURCE•| Image :SUARA |

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|• NATIONAL •|Indonesian Oil Palm Farmers Association Assesses the Implementation of B30 Makes Palm Oil Prices Stable for Smallholders
|• INTERNATIONAL •|Electronic Commerce, Businessmen Support State Identification
|• BANKING •|World Pushes Armistice
|• POLITICS •|WWF Indonesia Initiates Virtual Talk of Ecolabeled Palm Products
|• SCIENCE •|BFI Finance Collaborates with Sinarmas Land in Presenting a Mortgage Program for Employees
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Has Potential for Biodiesel, Used Cooking Oil is Often Made Domestically

Indonesia has a wealth of used cooking oil or used cooking oil which is quite abundant.
Unfortunately, used cooking oil has not been used properly in the country. Executive Director of the Association of Indonesian Vegetable Oil Industries (Gimni) Sahat Sinaga said, based on GIMNI estimates, the amount of used cooking oil in Indonesia currently ranges from 18 to 22 percent of the total consumption of ordinary cooking oil. So, if the use of ordinary cooking oil is around 5.8 million tons per year, the volume of used cooking oil is around 1.1 million tons per year. There are various sources of used cooking oil. Some of them are used for household use, hotels, restaurants, roadside stalls, to factories. Many people in Indonesia clean used cooking oil which is a mixture of black and brown until it becomes clear. Unfortunately, not a few parties return used cooking oil to retail traders and traditional markets to resell it to the public. Understandably, the consumption of cooking oil in Indonesia is quite high, especially for many people who like to eat fried foods. "This oil is used by roadside food traders and households," added Sahat,

|•SOURCE•| Image :HELLO SEHAT |

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|• NATIONAL •|Indonesian Oil Palm Farmers Association Assesses the Implementation of B30 Makes Palm Oil Prices Stable for Smallholders
|• INTERNATIONAL •|Electronic Commerce, Businessmen Support State Identification
|• BANKING •|World Pushes Armistice
|• POLITICS •|WWF Indonesia Initiates Virtual Talk of Ecolabeled Palm Products
|• SCIENCE •|BFI Finance Collaborates with Sinarmas Land in Presenting a Mortgage Program for Employees
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1.8 Million Hectare of Palm Oil in Forest Area Called Unlicensed

The non-governmental organization Kehati Foundation stated that 1.8 million hectares of oil palm plantations in forest areas throughout Indonesia do not have permits.
Director of the Sustainable Palm Oil Program at the Kehati Foundation, Irgan Bakhtiar, said that as of 2020, his party recorded a total of 3.4 million hectares of oil palm plantations located in forest areas. Of this amount, 1.6 million hectares are owned by large corporations and have permits obtained from the Ministry of Environment and Forestry (KLHK). "1.8 million [hectare] do not have any rights (unlicensed), cannot apply for release," said Bakhtiar in a hearing before Commission IV in the DPR/MPR complex. small corporations or individuals who do not have the resources, skills or education to apply for a plantation permit for their business.. "They have no power, just waiting to be evicted, whether to be arrested, to be rewarded with land release, to be processed by social forestry, or it could be there is an administrative fine," he added.

|•SOURCE•| Image :SWA |

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|• NATIONAL •|Indonesian Oil Palm Farmers Association Assesses the Implementation of B30 Makes Palm Oil Prices Stable for Smallholders
|• INTERNATIONAL •|Electronic Commerce, Businessmen Support State Identification
|• BANKING •|World Pushes Armistice
|• POLITICS •|WWF Indonesia Initiates Virtual Talk of Ecolabeled Palm Products
|• SCIENCE •|BFI Finance Collaborates with Sinarmas Land in Presenting a Mortgage Program for Employees
Learn more »

Chairman of the Indonesian Motorcycle Association Bambang Soesatyo Collaborates with PT Asuransi Sinar Mas to Protect IMI KTA Owners

Chairman of the Central Executive Board of the Indonesian Motorcycle Association (PP IMI)
as well as Chairman of the Indonesian People's Consultative Assembly, Bambang Soesatyo, collaborated with PT Sinar Mas to cooperate with the safety of IMI members. The Head of PP IMI, Bambang Soesatyo, together with the Director of PT Asuransi Sinar Mas, Marten Lalamentik signed a collaboration between IMI and PT Sinar Mas. PT Asuransi Sinar Mas will provide compensation to owners of IMI membership cards (KTA) if they have a disability accident for acceleration accidents, reimbursement of hospital costs, treatment for traffic accidents and accidents when participating in competitions on the circuit. "IMI realizes that not all members can meet the needs of personal accident insurance. So IMI makes it easier by collaborating with PT. Asuransi Sinar Mar," said Bamsoet after signing the cooperation between IMI and PT Asuransi Sinar Mas. The signing of this collaboration was also attended by several officials from PT Asuransi Sinar Mas, namely Corporate Affairs Division Head, I Made Yoga Mahardika, Commercial Lines Division Head, Konstantunus S. Tarung, and Senior Marketing Manager, Ayub Anggadinata.

|•SOURCE•| Image :KOMPAS |

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|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
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LIGHT Insurance Issuer

Based on data from the Indonesia Stock Exchange (IDX) and information on the official website of each company, as many as 13 insurance issuers have published their financial statements for the first quarter of 2021.
Meanwhile, the total insurance issuers reached 15 companies consisting of 13 general insurance, one conventional life insurance, one sharia life insurance, and one reinsurance. From all published reports, Bisnis noted that there were nine issuers that recorded premium growth during the first quarter of 2021. PT Asuransi Jiwa Sinarmas MSIG Tbk. (LIFE) received the highest premium of Rp. 1.2 trillion, while recording the highest growth, namely 93.8% (year-on-year/yoy) from the previous Rp. 628.8 billion. PT Pemeringkat Efek Indonesia (Pefindo) analysts Hasnalia Hanifah and Danan Dito assess that the Covid-19 pandemic has had a moderate impact on the acceptance of new business in the insurance and reinsurance industry. Weaker macroeconomic conditions and slower top-line growth have lowered the underwriting performance of the industry. Nevertheless, Pefindo hopes that the insurance and reinsurance industry can maintain a sufficient buffer on solvency provisions, with adequate industry liquidity.

|•SOURCE•| Image :IDX CHANNEL |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
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Indonesian Motorcycle Association (IMI) Card Owners Get Accident Protection from Sinar Mas Insurance

Chairman of the Indonesian Motor Association (IMI) Bambang Soesatyo together with the Director of PT Asuransi Sinar Mas Marten Lalamentik signed a Cooperation Agreement on the Simas Personal Accident Program.
permanent disability due to acceleration accidents, reimbursement of hospital/medical costs due to traffic accidents and accidents while participating in circuit competitions, touring, or doing hobbies with a high level of risk. Also giving condolences to the heirs if the owner of the KTA IMI dies. Bamsoet, Bambang's nickname, stated that IMI realizes that not all members can fulfill their personal accident insurance needs. So IMI helps make it easier. With this step, every KTA IMI holder is guaranteed to be protected by insurance. “Thus, it can help if something unexpected happens, such as an accident. Likewise, if there is a death, insurance can help ease the economic burden on the family left behind," said Bamsoet, after signing the agreement, in Jakarta,

|•SOURCE•| Image :REPUBLIKA |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
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Sinar Mas Insurance Issuers (LIFE) to AMAG Reap Blessings, Positive First Quarter/2021 Performance

A number of insurance issuers posted positive performance in the first quarter of 2021 in line with improving economic conditions.
Most issuers posted growth in premiums, profits and assets, with claims that mostly declined. Based on data from the Indonesia Stock Exchange (IDX) and information on the official website of each company, as many as 13 insurance issuers have published their financial statements for the first quarter of 2021. Meanwhile, the total insurance issuers reached 15 companies consisting of 13 general insurance, one conventional life insurance, one sharia life insurance, and one reinsurance. From all published reports, Bisnis noted that there were 9 issuers that recorded premium growth during the first quarter of 2021. PT Asuransi Jiwa Sinarmas MSIG Tbk. (LIFE) received the highest premium of IDR 1.2 trillion, while recording the highest growth of 93.8 percent (year-on-year / yoy) from the previous IDR 628.8 billion. There are four issuers that posted a slowdown in premiums, all of which are general insurance companies. Even so, other general insurance companies managed to maintain their premium performance in the first quarter of this year, even some recorded significant growth.

|•SOURCE•| Image :INFO BANK NEWS |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
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Residents' Land in Momugo Village Burns, APP Sinar Mas Deploys Water Bombing Heli

Karhutla (forest and land fires) again occurred on community land in Momugo Village, Tanah Putih District, Rokan Hilir Regency, Riau Province.
You can see a white helicopter carrying a bucket (water bag) flying through the air over Momugo Village, Tanah Putih District, Rokal Hilir Regency at around 16.00 WIB, after being traced to the community officials from Momugo Village and Rantau Bais. It is true that the helicopter belonging to APP Sinar Mas is helping to extinguish Karhutla (Forest and Land Fires) on community-owned land, precisely at the coordinates: 1. 32'49" ; 101. 15' 33”, 22.9m. "The fire occurred yesterday that the land burned was approximately 2 hectares, and we can immediately and coordinate the team in the field between PT Arara Abadi's RPK (Fire Team) and the community and MPA (Fire Care Community), we can extinguish the fire," added Babinsa Momugo Pelda E. Ancient. He also expressed his frustration regarding the community still clearing land by burning. Priyo as Fire Operations Management (FOM) Head, accompanied by Decha.AFHane Coordinator as Planning for Handling Forest and Land Fires at PT Arara Abadi-APP Sinar Mas said, "Because it has become a commitment from PT Arara Abadi-APP Sinar Mas to help extinguish forest and land fires on the bumper. The radius (limit) is 5 KM outside our concession, so we check the certainty through the company's Fire Integrated Management (FIM) monitoring system to calculate the distance so that the distribution of personnel and equipment is effective and efficient."

|•SOURCE•| Image :INFO PUBLIK |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
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PT Sinar Mas Agro Resources and Technology Tbk Drives Biodiesel Line

PT Sinar Mas Agro Resources and Technology Tbk. will increase the capacity of the biodiesel plant with a capital expenditure allocation of Rp360 billion.
Jimmy Pramono, Deputy Director of Sinar Mas Agro Resources and Technology, said that the company is optimistic about the prospect of crude palm oil prices. This is in line with the limited supply of global vegetable oil which is affected by dry weather conditions in South America and other parts of the world. The company hopes that the price of crude palm oil (CPO) can move in the range of US1,000 to US$1,100 per ton in 2021. "We are targeting production, profit and sales growth in the range of 8%," he explained. On the expansion side, the issuer with the stock code SMAR has prepared a number of business developments to improve the company's financial performance. One of the efforts made by SMAR is to increase the capacity of the biodiesel plant in Tarjun, South Kalimantan. Along with these efforts, SMAR has prepared a capital expenditure (capex) budget of IDR 1.2 trillion. In detail, as much as Rp. 400 billion will be used in the plantation or upstream sector. "Meanwhile, the remaining Rp800 billion is allocated for the company's downstream business unit, including the development of a biodiesel factory," he explained, Tuesday (15/6). Of this amount, capex funds of Rp360 billion have been specifically allocated to increase the capacity of the biodiesel plant. Director of Sinar Mas Agro Resources and Technology Gianto Widjadja added that the progress of developing a biodiesel plant in Tarjun has now reached 40 percent. The company targets the plant to be fully operational in 2022. "For the biodiesel plant, we estimate the completion target in the second half of 2022," he said.

|•SOURCE•| Image :BERITA SATU |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
Learn more »

Temporarily Stop One Batch AstraZeneca

The government temporarily suspended the distribution and use of the AstraZeneca vaccine batch (production batch) coded CTMAV547.
The Food and Drug Supervisory Agency (BPOM) will test the toxicity and sterility of this vaccine. "This is a precautionary measure by the government to ensure the safety of this vaccine," said the Ministry of Health's vaccination spokeswoman, Siti Nadia Tarmizi, yesterday. He added, all AstraZeneca batch vaccines outside of CTMAV547 can be used and continue to be distributed to the public. Toxicity is the property of a substance to cause damage when exposed to an organism's structure, such as a cell or organ. Meanwhile, sterility is tested to determine whether the vaccine given is clean from germs or other micro-organisms. The cessation of the use of the AstraZeneca vaccine with the code CTMAV547 was forgotten after reports of the death of Trio Fauqi Virdaus, a resident of Buaran, Duren Sawit, East Jakarta. The trio were said to have had a fever after receiving the vaccine on May 6. His condition was brought and still had a fever, then he went to the hospital. However, after being treated for a while, Trio was declared dead at around 12.30 WIB. The National Commission for Post-Immunization Adverse Events (KIPI) wrote to BPOM regarding the Trio incident on 10 May. Komnas KIPI stated that it had not received enough evidence for the death of the young man from Jakarta with the Covid-19 vaccination. Based on Komnas KIPI data, to date, there has never been an incident of people dying from the Covid-19 vaccination in Indonesia.

|•SOURCE•| Image :LINE TODAY |

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|• NATIONAL •|Strengthening Logistics, Minister of Transportation Asks the Private Sector to Play a Role in Building Ports
|• INTERNATIONAL •|Trade Performance 2022, Surplus Shocks Mitigated
|• BANKING •|Government Needs to Consider Direct Subsidy for Cooking Oil
|• POLITICS •|Stop Coal, INDONESIA's New Renewable Energy Mix Target in 2025 Still Minus 11.5 Percent
|• SCIENCE •|The Minister of Trade Reveals the Attractiveness of Investment in Indonesia
Learn more »

Startup Megamerger: Goto Domination Test

The mega-merger between PT Application Karya Anak Bangsa or Gojek and PT Tokopedia,
nicknamed GoTo, will pave the way for the ambitions of the two companies to be listed on the stock exchange, as well as confirm their dominance in the country's digital ecosystem. The biggest challenge is not because of financial matters, but precisely when this initial stock has the potential to become a bone of contention for many parties. Head of Regulation and Government of the Indonesian Digital Empowering Community (IDIEC) Ardian Asmar assessed that financially, GoTo's initial public offering (IPO) did not have significant obstacles. The investors behind the two companies have jumbo capital. He even suspected that when the IPO was carried out there would be an oversubscription or oversubscription. However, according to him, this is precisely what small-scale investors need to be wary of. “My guess is that those who bought it were the same. Be careful for small and medium class investors whose analysis is not strong," said Ardian. In addition, GoTo still needs to prove to the public that the company really has a good performance. The reason is that both Gojek and Tokopedia are known as companies that fight in the area that prioritizes the action of 'burning money'. The significant growth in the number of users as a result of excessive promotion is still a burden for the company. "Not to mention talking from the marketing side which is too big. The first Gojek user immediately gets IDR 50,000, who pays?" said Ardian. As reported by Bloomberg, if the process goes smoothly, GoTo's valuation is estimated to be around US$40 billion from the current US$17 billion. Gojek holds 58% of the shares and the other 42% is owned by Tokopedia. Regarding the IPO plan, Gojek's Chief of Corporate Affairs Nila Marita said his party was still waiting for the right moment. What is clear, he admits that the merger accelerates the IPO plan.

|•SOURCE•| Articles :BANKING | Image :SINDO |

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Improve Donation Management

Governance in the collection of money and donated goods needs to be continuously improved in order to increase the leverage of the community's social generosity.
The principles of transparency, consistency, certainty of allocation, competence, and accountability must be put forward. Minister of Social Affairs Tri Rismaharini, in Jakarta, said that the government continues to carry out efforts to improve governance. Good governance is important to ensure that the potential for social philanthropy can be channeled for the common good. He encouraged the public to channel their assistance to official and trusted institutions. “If the institution cannot be trusted, the community will be reluctant to help. This is because the community as aid providers need clear accountability from charitable institutions. Likewise, the programs must be clear," he said. In fact, if generosity is able to lift people out of poverty, it can encourage the birth of new benefactors who come from community groups that were previously assisted. Thus, generosity will have a multiplier effect for the nation to come together from the pandemic. Deputy Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin) Anton Supit said that the involvement of the business world and conglomerates in encouraging economic growth through philanthropic actions that have social impacts needs to be optimized. "There are entrepreneurs who have given honestly and sincerely, but maybe not much, and there are still those who are only economic oriented," he said.

|•SOURCE•| Articles :BANKING | Image :BUKA MATA NEWS |

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Anticipating New Clusters, Karawang Supervises Industrial Workers

Karawang Regent Cellica Nurrchadiana said the policy was in accordance with the Karawang Regent Circular (SE) No 443/2753 concerning Supervision of Control for Workers in the Company's Environment after the Lebaran 1442 H Long Holiday.
He said he had asked the company to take steps to anticipate the spread of Covid-19, especially for workers who are forced to travel back and forth outside the Karawang area. "The company must collect data for workers who are forced to travel back and forth," In addition to asking companies to register their workers, he also instructed workers who were forced to travel back and forth to carry out a Covid-19 swab test, either antigen or genose. In accordance with applicable rules and regulations, he added, workers must undergo a swab test before entering the Karawang Regency area. Cellica also requires companies to request and receive Covid-19 test results on the first day of work. In that way, he hopes to be able to detect workers who are reactive to Covid-19 so that they can be handled more quickly. Spokesperson for the Covid-19 Task Force for the Karawang Regency, Fitra Hergyana, said in the Regent's SE there was also supervision and control of community residents after the Eid holiday. He asked the sub-district and village officials to take anticipatory steps for residents who are caught traveling back and forth.

|•SOURCE•| Articles :BANKING | Image :KOMPAS |

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