Feature news

Showing posts with label LATEST. Show all posts

News of Extended Emergency PPKM Makes Property Stocks Fall

The majority of property issuers tend to fall into the red zone in the first session of trading. The decline in property share prices occurred when the government began to discuss the extension of the Emergency Community Activity Restrictions (PPKM), which was completed.
In fact, at almost the same time the government will extend the VAT discount (Value Added Tax) for the property sector until the end of this year. Following are the movements of property stocks in session I of Ciputra Development (CTRA), -3.66%, to Rp. 920, transactions of Rp. 10 M PP Properti (PPRO), -2.78%, to Rp. 70, transactions of Rp. 3 M. Bumi Benowo Sukses Sejahtera (BBSS), -1.96%, to Rp 50, transaction Rp. 598 million Summarecon Agung (SMRA), -1.82%, to Rp. 810, transaction to Rp. 5 M Sentul City (BKSL), -1, 82%, to IDR 54, transaction IDR 7 billion Bumi Serpong Damai (BSDE), 0.00%, to IDR 930, transaction IDR 4 billion

|•SOURCE•| Articles :CNBC | Image :DW |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Unit Linked Product Sales, Development Gap Strengthened

The Indonesian Life Insurance Association or AAJI considers that 2021 still has big challenges for the protection business. Industry players also need to carefully look for gaps in business development and maintain service quality, including unit-linked as the main product.
Chairman of the Management Board of the Indonesian Life Insurance Association (AAJI) Budi Tampubolon explained that uncertainty is still quite high in the business climate this year. This is because the spread of Covid-19 continues to occur and a number of countries are struggling to face the second wave of the pandemic, along with the mutation of the delta virus variant. According to him, 2021 is still a year full of challenges for the life insurance business. Nevertheless, there is still potential for growth for the life insurance industry, including investment-linked (PAYDI) or unit-linked insurance products which are the industry's main portfolio. "This year the room for growth is open, but we can't run a business or look for marketing gaps like the previous year," said Budi. He considered that unit-linked products had a significant impact on industry performance, because these products accounted for nearly three-quarters of the industry's portfolio. In depressed capital market conditions such as at the beginning of the Covid-19 pandemic, some policy holders withdraw funds or terminate their policies, although a few others add investment components.

|•SOURCE•| Articles :BISNIS | Image :ASURANSIKU |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Sinarmas MSIG Life Provides Free Covid Vaccine

PT Asuransi Jiwa Sinarmas MSIG Tbk. (Sinarmas MSIG Life) cooperates with the Indonesian Red Cross (PMI) and the Rotary Club in supporting the Indonesian Government to accelerate the free Covid-19 vaccination program for 10,000 general public, both adults and children aged 12 years and over.
Through this program, Sinarmas MSIG Life shows a real commitment to providing trusted protection for Indonesian families. “We continue to assist Indonesian families in obtaining health and financial protection through various initiatives that we undertake. Through this PMI vaccination program, we hope to help provide protection from the dangers of the corona virus and encourage government programs towards herd-immunity as soon as possible," said President Director of Sinarmas MSIG Life, Wianto Chen. The increasing number of Covid-19 cases has forced the government to re-implement mobility restrictions in a number of areas to suppress the spread of the virus. The public is also continuously urged to be careful, always carry out health protocols by implementing the 6M (washing hands, using masks, maintaining distance, avoiding crowds, reducing mobility and avoiding eating together) and immediately getting vaccines.

|•SOURCE•| Articles :BERITA SATU | Image :BERITA SATU |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

BSIM, BNBA, and BBHI Shares Show Off. Enter the Top Gainers

A number of small to medium-sized bank shares were included in the top gainers, after their share prices touched the upper auto reject (ARA) limit or rose 25 pecels in today's trading, Monday (12/7/2021). They are PT Bank Sinarmas Tbk. (BSIM), PT Bank Bumi Arta Tbk. (BNBA), and PT Allo Bank Indonesia Tbk. (BBHI).
Bank Sinarmas shares touched the ARA limit for the second day in a row. In today's trading, its shares ended at Rp875 with a transaction value of shares reaching Rp14.52 billion. Similarly, Allo Bank shares hit the ARA cap for the second day in a row. Its share price closed at Rp2,700 with a share transaction value of Rp34.58 billion. Senior Faculty of the Indonesian Banking Development Institute (LPPI) Trioksa Siahaan assessed that the increase in mini-bank share prices was still influenced by high expectations of mini-banks' plans to switch to digital banks. "There is a phenomenon of high expectations for small banks' corporate actions that will switch to digital banking. If it is not supported by strong fundamentals, then this is only euphoria," he said. Apart from the plan to transform to a digital bank, he said, there has been no other strong sentiment to boost bank share prices. Moreover, the increase in the number of Covid-19 cases, which continues to record new records, has raised concerns about the disruption of a faster economic recovery.

|•SOURCE•| Articles :BISNIS | Image :CNBC |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Fiscal Reform Becomes Valuable Capital

In a talk show with media crews with the G-20 Finance Track Presidency committee, Chairman of the Fiscal Policy Agency (BKF) of the Ministry of Finance, Febrio N Kacaribu, said that one of the global problems that will be resolved in the G-20 Finance Track forum is the speed of economic recovery that does not increase.
equality between developing and developed countries. "Indonesia has the mandate to build consensus so as to produce a final communiqué to achieve stability in the global economic recovery," he said. The difference in capacity between countries in handling the pandemic is a challenge in efforts to recover the economy. To that end, the momentum of the G-20 presidency will be utilized to promote well-coordinated global action. "For that, debt sustainability will be included in the topic of discussion. One way out is the possibility of debt forgiveness options for poor countries,” he said. In a press conference at the end of 2021, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva is concerned about the ability to pay debts of low-income countries. The Co-chair of the Finance and Health Task Force of the G-20 as well as the Expert Staff of the Minister of Finance for Macroeconomics and International Finance, Wempi Saputra, added that the collaboration of G-20 countries in finance and health was carried out in an effort to prevent, detect and respond to health emergencies in the future. future.

|•SOURCE•| Articles :KOMPAS | Image :KEMENKEU |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Sinar Mas Land Realizes Food Security Through Community Empowerment Programs in the Rumpin Area

Food security is part of the National Development Agenda for 2022-2024 so that the government prioritizes programs to increase the availability, access and quality of food consumption.
Sinar Mas Land through PT Bumi Serpong Damai Tbk supports this agenda by initiating the “Community Empowerment Program through Food Security” in Rumpin Village and Tamansari Village, Bogor Regency, West Java. The program aims to create community food security by using company land as a source of community welfare. The types of assistance provided by the company are in the form of land use, education, counseling, and training in agriculture as well as assistance for seeds, fertilizers to intensive assistance. The assistance is a tangible manifestation of the company's support in improving the quality of the environment, the community's economy, creating jobs, and increasing food security for the local community. Head of the Corporate Affairs Division of PT BSD - Sinar Mas Land, Dony Martadisata said that the activity was a concrete manifestation of the company's seriousness in increasing community productivity in agriculture.

|•SOURCE•| Articles :HARIAN TERBIT | Image :BISNIS |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Note! Here's How to Prepare an Emergency Fund and Investment

In a situation of uncertainty, setting up an emergency fund by investing is one way to maintain financial resilience. Genta Wira Anjalu, Chief Investment Officer of PT Sinarmas Asset Management, said that there are several ways to maintain financial resilience
First, increase your emergency funds and investments. Ideally under normal conditions the investment portion is 50% for daily needs, 30% debt and obligations, 10% savings and investment and 10% entertainment. "Meanwhile, in a crisis, the portion has changed to: 45%, 25%, 25% and 5%," said Genta in the SimInvestival 2022 webinar "Rang Mudo Digital Investment". Genta added that ideally the percentage of emergency funds also adjusts to the status of each person. He gave an example of being single, for example, requiring an emergency fund of 4 times the monthly expenses. Second, invest as early as possible, it is very good to start at a young age. Third, extend the investment time horizon. The longer the time horizon, meaning that investors can minimize potential losses.

|•SOURCE•| Articles :INDUSTRY | Image :MEDCOM |

READ MORE

|• NATIONAL •|Guaranteed Cooking Oil Stock
|• INTERNATIONAL •|Property Giant is Still Question-mark
|• TECHNOLOGY •|Rooftop solar power plant investment
|• TIPS AND WISDOM •|Just do a good thing
|• SCIENCE •|INDONESIA Can Be Free from Imports of Fuel by 2030
Learn more »

Commodities and Stock Index Records

Throughout last week, the movement of the Composite Stock Price Index fluctuated. The pressure lasted until mid-week, but eventually the index was able to strengthen, even closing the trade with a record.
IHSG 0.49 percent to 6,726.3. This closing figure beats the previous record at the level of 6,723 on November 22, 2021. Meanwhile, the intraday record is still unbeaten at 6,754, which was recorded on November 22, 2021. The capitalization of the Indonesia Stock Exchange rose 1.22 percent to Rp. 8,463 trillion from Rp. 8. .360 trillion in the previous week. In last week's trading, the strengthening of issuer stocks in the commodity sector was the driving force. The strengthening of commodity stocks was also inseparable from the increase in the prices of several commodity products. The price of crude palm oil (CPO) continues to rise. Other commodities, such as coal, which weakened in the middle of last week, rose again at the weekend to above 210 US dollars per tonne. If you pay attention to commodity index charts, such as the Commodity Research Bureau (CRB) Index chart, the increase has actually been seen since 2020. CRB is an indicator of commodity prices in global markets. In the midst of fears of a spike in Covid-19 cases due to the Omicron variant, the increase in commodity prices will still be one of the drivers of the increase in stock indexes this week. Investors are also prepared to wait for the announcement of the issuer's 2021 annual performance which is projected to be better than 2020 while expecting dividends.

|•SOURCE•| Articles :TEMPO | Image :KOINWORKS |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

Big Ambition of PT Elang Mahkota Teknologi Tbk. in the Financial Line

Together with Grab and Singtel as strategic partners, PT Elang Mahkota Teknologi Tbk. ready to continue to expand in this sector. Emtek's steps to dive into the banking sector began on November 5, 2021 by acquiring a 93% stake in PT Bank Fama International.
The corporate action was carried out by the issuer codenamed EMTK through its subsidiary, PT Elang Media Visitama (EMV). “The acquisition of Emtek is intended to expand its business in new sectors in Indonesia. Emtek is also interested in expanding Bank Fama's banking solutions into digital services that also complement Emtek's digital ecosystem," said Emtek Managing Director Sutanto Hartono in a short message to Bisnis, Friday (21/1). In the corporate action that took place on Wednesday (19/1), Grab and Singtel each absorbed 2.35 billion new shares of Bank Fama. The transaction value is reported to have reached IDR 500 billion or a total value of IDR 1 trillion. This amount is equivalent to 16.26% of the company's issued and paid-up capital which has been increased. EMV's ownership in Bank Fama was diluted to 62.76% after the issuance of new shares. Meanwhile, the portion of PT Nusantara Berkat Agung was recorded at 4.72%, Grab 16.26%, and Singtel at 16.26%. "We believe Bank Fama can support the provision of banking solutions for MSMEs throughout Indonesia," he said. Going forward, Bank Fama is open to potential cooperation with partners who have expertise in the business sector to create strategic and mutually beneficial partnerships. In the financial sector, EMTK is listed as a shareholder of the Dana digital wallet.

|•SOURCE•| Articles :BISNIS | Image :KATA DATA |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

OJK boss in Sri Mulyani's grip

In a conversation in the Senayan area, a business source close to the Selection Committee (Pansel) of the Financial Services Authority (OJK) Board of Commissioners said that the figure who entered the radar for this position was in Sri Mulyani's pocket.
This is because the chances of the strongest candidate who is expected to occupy the OJK Board of Commissioners, namely the Chairman of the Supreme Audit Agency (BPK) Agung Firman Sampurna, is shrinking. A Bisnis source explained that at first, Agung's name was enough to get full support from the internal government, including the Pansel, to serve as a member of the OJK Board of Commissioners. Unfortunately, the dynamics of politics in Senayan disrupted this scenario. The root of the problem lies in Agung's unwillingness to support Nyoman Adhi Suryadnyana in the BPK Member eligibility test for the period 2021-2026 which will be held at Commission XI of the Indonesian House of Representatives (DPR), at the end of 2021. Nyoman is a State Civil Apparatus (ASN) at the Ministry of Finance, to be precise in The Directorate General of Customs and Excise until before being sworn in as a member of the BPK. The problem is, apart from being an insider at the Ministry of Finance, a Bisnis source also mentioned that Nyoman has close ties to the Indonesian Democratic Party of Struggle (PDI). Meanwhile, Agung is the son of Kahar Muzakir, a senior politician from the Golkar Party. The refusal of Agung's support was a severe blow for policymakers who had received information that the man also intended to run as a candidate for the OJK Board of Commissioners.

|•SOURCE•| Articles :BISNIS | Image :KOMPAS |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

This is the Portion of Financing for IKN Development from the APBN to the Private

Head of the Fiscal Policy Agency (BKF) of the Ministry of Finance Febrio Kacaribu said the contribution of the State Budget (APBN) in the development of the State Capital (IKN) will be allocated in stages.
The use of the APBN will also be carried out in the corridor of sound and sustainable fiscal management. Febrio said, IKN is a strategic government program that is supported through various funding schemes, including the APBN, Government and Business Entity Cooperation (PPP), and empowering the role of the private sector and SOEs. According to him, the contribution of the state budget will be focused on providing basic government needs. "Such as the construction of the State Palace, K/L office clusters, strategic military base buildings, land acquisition for diplomatic complexes, official residences for ASN/TNI/Polri, as well as basic infrastructure such as road access, sanitation and drainage," he said in his official statement.

|•SOURCE•| Articles :MEDCOM | Image :ALINEA |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

Unit-Linked Customer Dispute: Financial Services Authority (OJK) Efforts to Mediate

Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Wimboh Santoso revealed that disputes between customers and financial service providers are common in this industry.
However, the disputes that surfaced did not reflect the picture of the problems in the financial services sector as a whole. That's usually because there is a dispute between the customer and financial services, which is normal. But we manage it well, we sit together so that there is a solution," said Wimboh at a press conference at the 2022 Financial Services Industry Annual Meeting. If the mediation does not reach a common ground, settlement through the Financial Services Sector Alternative Dispute Resolution Institution (LAPS SJK) can be the next option. When mediation efforts through LAPS do not reach an agreement, he continued, disputed cases can be brought to court. However, he stressed that the complaints voiced by a number of people did not necessarily reflect that the whole industry was bad. Recently, there have been complaints from a group of customers who claim to feel disadvantaged by the practice of misselling unit link insurance products from three insurance companies, namely PT Prudential Life Assurance (Prudential Indonesia), PT AXA Mandiri Financial Services (AXA Mandiri), and PT AIA Financial (AIA).

|•SOURCE•| Articles :BISNIS | Image :BISNIS |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

Large Portion of Micro, Small and Medium Enterprises (MSME) Loans

At the Financial Services Industry Annual Meeting, President Joko Widodo reaffirmed his commitment to making the micro, small and medium enterprise (MSME) sector a motor of recovery and an economic driver.
Financing to MSMEs, said the President, cannot rely on the natural growth model. "Credit for MSMEs is still in the range of 20%. The 2024 target is to reach 30% of the portion of MSMEs and cannot rely on natural growth. This must be carried out with a breakthrough from now on and seriously," said the Head of State. The President also emphasized that financial institutions, including banks, need to open up easy access to credit for MSMEs. Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Wimboh Santo said there are five policies that strengthen financial support and support national economic recovery. One of them is through the expansion of financial access to the MSME community. OJK together with relevant authorities support efforts to achieve financing to the MSME sector of up to 30% by 2024 by making breakthroughs and providing guidance and optimization of land or markets that have not been exploited. This year, said Wimboh, OJK projects bank credit growth to be in the range of 6.5%-8.5%, with an estimated growth of third party funds (DPK) in the range of 9%-111%. Efforts to open up financing space for the MSME sector were achieved by Bank Indonesia. At the BI Board of Governors Meeting yesterday, the central bank made a breakthrough to boost MSME financing. The central bank provides incentives in the form of relaxation of daily reserve requirements of up to 100 basis points (bps) for banks that channel credit to priority sectors, inclusive financing, and banks that meet the Macroprudential Inclusive Financing Ratio (RPIM) target starting March 1, 2022.

|•SOURCE•| Articles :BISNIS | Image :SINARMAS |

READ MORE

|• NATIONAL •|APP SINARMAS supplier partner at OKI
|• INTERNATIONAL •|Colliers International indonesia
|• BANKING •|Boss Sinarmas Land Buys BSDE Shares Rp29.17 Billion
|• SOCIAL •|Smoking Habits in the Midst of a Pandemic
|• BUSINESS •|Optimism of Economic Recovery: Only 6 Months
Learn more »

Traders complain about the one-price policy

The new limited supply of single-price cooking oil in modern retail raises a number of problems. Traditional market traders and stalls with old stock are unable to compete.
Therefore, the mechanism for providing cooking oil at one price, Rp. 14,000 per liter, which can reach all lines, needs to be finalized. Chairman of the Indonesian Market Traders Association (Ikappi) Abdullah Mansuri assessed that the one-price policy is actually good because people can get packaged cooking oil at affordable prices. However, the government is less communicative in implementing the policy. Market traders associations are not involved and have not received socialization. In fact, the policy will also be applied in traditional markets. Currently, single-price packaged cooking oil is only available in modern retail. "It is impossible for them (market traders) to sell bulk cooking oil and old stock packaging or currently available for Rp. 14,000 per liter because the price they get from distributors is higher than that," he said in Jakarta, Thursday (20/1/2022). ). Currently, market traders sell cooking oil, both bulk and simple packaging, for Rp 18,000-Rp 20,000 per liter. Ikappi asked that the mechanism for providing packaged cooking oil at one price in traditional markets be finalized. The mechanism mainly includes who is the supplier and bearer of the distribution costs and how to calculate the profit for traders when they have to sell cooking oil of Rp. 14,000 per liter.

|•SOURCE•| Articles :KOMPAS | Image :DIGTARA |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

The Business Competition Supervisory Commission (KPPU) Reveals Obstacles in the Cooking Oil Industry, Turns Out This Is The Cause

The Business Competition Supervisory Commission (KPPU) revealed a number of obstacles in the cooking oil industry. KPPU's Director of Economics, Mulyawan Renanggala, said that these obstacles made it difficult for new players to enter the cooking oil industry.
According to him, the new players in the cooking oil industry are failing due to the obligation to supply raw materials to national standards. In fact, more new players are needed in the cooking oil industry so that the price stability of basic commodities can be maintained and the dominance of large companies can be reduced. "We see that government regulations have not encouraged the cooking oil industry because there are still many regulations that hinder the arrival of new players in the cooking oil industry," Mulyawan said at an online press conference in Jakarta, Thursday. One of the difficult rules, Mulyawan continued, is the Regulation of the Minister of Agriculture (Permentan) Number 21 of 2017 concerning the Second Amendment to the Regulation of the Minister of Agriculture Number 98 of 2013 concerning Guidelines for Plantation Business Licensing.

|•SOURCE•| Articles :JPNN | Image :SUARA MERDEKA |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

First in early 2022, CSR PT IKPP Again Holds Integrated Agricultural System Training

PT IKPP through its Corporate Social Responsibility (CSR) program again held training on integrated farming systems for the XV generation in Tualang District, Siak Regency, Riau.
As before, this integrated farming system training took place at the Abdul Wahid Smart House owned by PT IKPP. Fifteen participants in the integrated farming system training that morning seemed enthusiastic and enthusiastic about participating in the training. The participants came from representatives of villages and sub-districts in Tualang District. The training was attended by the President Director of PT IKPP Hasanudin The; PT IKPP CSR Public Affairs Manager, Murseno and as a resource person for the Head of the Fisheries and Livestock Service Office of Siak Regency, drh Susilawati. Hasanudin gave appreciation and motivation for entrepreneurship to all the training participants that morning. "We all have to get up from our comfort zone, don't get carried away with what we have achieved so far, always provide breakthroughs for mutual progress," he explained. The Head of the Fisheries and Livestock Service Office of Siak Regency, Susilawati, who was the resource person that morning, also gave enthusiasm and motivation to the participants at the beginning of her speech. "Tomorrow must be better than today, not to be a loser, and not to stop learning," said Susi.

|•SOURCE•| Articles :HALUAN | Image :KARIMUN TODAY |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

Dian Swastatica (DSSA) Receives a Loan Ceiling of US$ 150 Million from Bank Woori Saudara

PT Dian Swastatica Sentosa Tbk (DSSA) obtained a loan facility with a ceiling of up to US$ 150 million from PT Bank Woori Saudara Indonesia Tbk (SDRA).
This loan has a term of up to 60 months. In the disclosure of information on the Indonesia Stock Exchange website, this loan facility is guaranteed, among others, by assets belonging to DSSA. "This facility will be used, among others, for the business development of the Company and its subsidiaries," wrote Dian Swastatica's Corporate Secretary, Susan Chandra. This facility causes DSSA's debt to equity ratio to increase by around 8%. On the same day, this Sinarmas Group affiliated issuer also announced a loan facility for its subsidiaries. In connection with the planned takeover of all shares of Dampier Coal (Queensland) Pty Ltd, Stanmore SMC Holding which is an indirect entity of DSSA has signed a syndicated loan agreement with a number of financing institutions. These institutions include Verde Partners, Canyon Capital Advisors LLC, Farallon Capital Asia Pte, Ltd, and several other financial institutions. The commitment value of the facility is US$ 625 million, and will mature in 5 years from the date of the first drawdown.

|•SOURCE•| Articles :KONTAN | Image :TRIBUN |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

The Government Makes Alam Sutera and BSD City Referrals for Building IKN, what has been learned?

The government makes the Mandiri City BSD City and Alam Sutera as one of the references in the development of the State Capital (IKN) in Penajem Paser Utara, East Kalimantan.
The two areas are considered to have met the concept of development that will be applied in new IKN such as green cities, sustainability, to regional security systems. However, do you know what the government has learned from the two regions and then applied it to IKN? Chairman of the IKN-REI Working Group Soelaeman Soemawinata said there were several things that were learned from BSD City and Alam Sutera to be applied at IKN Nusantara. "Some time ago the government visited BSD City and Alam Sutera. Some of the things that will be built at IKN already exist in the two areas, what remains will be less improved," said Soelaeman to Kompas.com, Thursday (20/20). /01/2022). Low rise apartment is a residential concept that is suitable to be built in IKN. The concept of vertical housing does not have many floors. For each tower, there are only about five to six floors.

|•SOURCE•| Articles :KOMPAS | Image :KONTAN |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

Because of Indonesia, Palm Oil Prices Will Soar!

The price of crude palm oil (Crude Palm Oil / CPO) at the close of trading. The correction was quite deep, reaching 1.74% at MYR 5,034/ton.
In the future, what will happen to the price of CPO? Today, Bursa Malaysia is closed to commemorate Tahipusam Day. So CPO contracts are not traded. Quoted from Reuters, Malaysian palm oil futures rose more than 1% on yesterday as a major Indonesian producer is planning to test biofuels with higher palm content in February. The Ministry of Energy and Mineral Resources (ESDM) plans to road-test a biodiesel program using 40% palm oil-based bio-content (B40). The Ministry of Energy and Mineral Resources plans to test two types of b40 mixtures using 30% fatty acid methyl ether (FAME) and 10% palm methyl ester (DPME) distillation, and another using 30% FAME and 10% palm-based diesel known as green diesel. "The use of B40 must be followed by quality improvements, both biodiesel and diesel," said Dadan Kusdiana, Director General of Energy and Mineral Resources.

|•SOURCE•| Articles :CNBC | Image :BLOOMBERG |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »

Need Decent Work to Reduce Poverty

Data from the Poverty Profile of the Central Statistics Agency (BPS) as of September 2021 noted that there were 26.5 million poor people in Indonesia, or covering 9.71 percent of the total population.
This number decreased by 1.05 million people compared to the position in September 2020 of 27.55 million people or 10.19 percent of the total population. There are 16 provinces with the highest percentage of poor people reaching double digits, namely Papua (27.38 percent), West Papua (21.82 percent), East Nusa Tenggara (20.44 percent), Maluku (16.3 percent), Aceh (15.53 percent), and Gorontalo (15.41 percent). When juxtaposed with data from the National Labor Force Survey (Sakernas) as of August 2021, most of these regions actually have low unemployment rates. According to the Employment Researcher at the Center for Population Research, the National Research and Innovation Agency, Triyono, ideally, areas with low unemployment rates also have low poverty rates. However, in fact, simply having a job does not guarantee a person can escape the trap of poverty. "Speaking of unemployment and poverty, the problem is not only the capacity of the regions in creating job opportunities and how many people are absorbed. But also how to increase access to decent work, whether people get social security and decent wages at work," he said when contacted , Tuesday (18/1/2021). The solution that can be taken is from the supply and demand side of the labor market, namely increasing the availability of decent formal employment opportunities and increasing the capacity and skills of the people in the related areas so that they can access decent work.

|•SOURCE•| Articles :KOMPAS | Image :NASIONALIS RAKYAT MERDEKA |

READ MORE

|• NATIONAL •|Build New Capital City
|• INTERNATIONAL •|Collaborating with vision SMARTFREN
|• BANKING •|Big Ambition of PT Elang Mahkota Teknologi Tbk
|• SOCIAL •|luxury car drivers tend to be arrogant
|• BUSINESS •|ID Food will Strengthen Indonesia's Food Ecosystem
Learn more »