Severity Business Parcel in Cikini

Parcel business in Cikini, Central Jakarta, is a business-like tradition. Every year traders who usually sell flowers can suddenly sell a parcel.
Though not known for sure profits from this business. If being sold could reach millions of dollars in a day, or it could be so very little turnover.
Faisal (30) trader who has nearly 10 years of selling in Cikini said he could not quantify the exact turnover of sales per day, because he himself had never made a benchmark.
“Can not set how many because this fortune can not be regulated, can sometimes many times a little, it only been three days no one has bought any of them,” he said when met at the Tribune Cikini, Jakarta, Monday (07/22/2013).
Another case with Faisal, Jainuddin (36) admits selling before H-7 is mediocre, but when H-7 sales could reach 30-40 units a day and the turnover reached USD 10 million in a day.
“If it is still two to 10 per day,” he said.
Jainuddin itself is selling the parcel since 1980 until now. In 2006, he stopped selling the parcel as busy with other businesses such as restaurants and other businesses. New this year he returned to sell the parcel.
He also admitted parcel business is not segurih when golden era. In the 1990s, what with supermarkets, malls and parcel made at home. “Now it is more difficult, perhaps 5-to-one comparison with the old,” he said.
To reach the target buyer is not easy because they often sell from night until morning. Even when Eid and selling on for 24 hours.
“If the night there are usually bought for the hospital or for a family, just the nature mendadaklah, so we are open 24 hours,” said Faisal.
Jainuddin also sell up to 24 hours. He along with his family to sahur at selling locations. According to the momentum of the feast of Eid al-Fitr is a moment not to be missed. After Eid after he admitted to not be running a business parcel again.
“If I see momentum widths that fit, when Christmas and New Year so it’s rather difficult indeed our momentum, after Eid may be new parcel business again next year,” said Jainuddin.
In the observation Tribune, most of the traders parcel in Cikini, Central Jakarta selling until early morning. And they divide the store into two guard duty shifts are morning and evening shifts. On average they admit there are buyers on the purchase 7pm Parcel.
Tinto, for example, the seller of Amelia Parcel, said most buyers were at the time of the morning and evening. Morning before dawn and at night when after tarawih prayers. The rest is there when in rush hour, but usually they are already pre-order only.
“There are at 4 pm, but it’s a little, in a day could be 4-5 buyers, mostly above 6 o’clock,” he said.
Reap lucrative is when the buyer of the office. Buyers of office can usually buy 20-30 parcels in one purchase. And it’s quite profitable than individual buyers on average parcel just bought 5 in one transaction. This way the seller can reap a lot of turnover.
Attempt to sell the parcel is also recognized in many types of Amir, one of the guards at Cantique Florist, admitted giving discounts to buyers

PTPP get New Contract Rp 9.5 Trillion

PT PP Tbk (PTPP) to new contracts worth Rp 9.5 trillion as of June 2013. The new contract is 2.5 times higher than the same period of the contract in the previous year.

“This acquisition nearly 50% against the target of a new contract this year from Rp 19.7 trillion,” said Corporate Secretary of PT PP Betty Ariana in a statement on Tuesday (07/16/2013).

With the acquisition of this new contract the company’s order book as of June 2013 reached Rp 25.3 trillion. This year the company is targeting sales of USD 10.2 billion with a net profit of Rp 370 billion.

Turnover and profit will be contributed from the five areas of the company’s business digeluri, construction, property, EPC, investment, and production of precast concrete.

Major projects that the company achieved, among others, the Port-Cilegon Krakatau Bandar Samudra, Nifaro Apartments, St Moritz, The Kencana, Cikampek Toll-palimanan, Tunjungan Surabaya Plaza V, Terminal 3 Seekarno Hatta Cengkareng Airport, railway in South Sumatra by PT KAI, infrastructure Sarulla 300 MW power plant in North Sumatra, Banten Intermark apartments and EPC projects Tanjung kitbag 120 MW Combined Cycle Power Plant, 160 MW power plant Bangkanai, and CNG Muara Tawar.

In addition, the company also received a new contract abroad, namely in Tibar Gleno Road, East Timor, amounting to Rp 264 billion.

Major program in the property sector which will begin in late 2013 the development landbank owned by the company, in the form of mixed use on an area of ​​4 hectares in Surabaya and a land area of ​​20 hectares in Jakarta. The target market is upper middle class.

PJAA Revenue Exceeds USD 1 trillion in 2012, Net Profit Up 10.02%

Annual General Meeting (AGM) of PT Pembangunan Jaya Ancol Tbk (PJAA) has appointed Billy Setyo Waluyo as President Director of PT Pembangunan Jaya Ancol, Tbk replace Budi Karya Sumadi have ended his term.

Billy had previously occupied the position as Director of PT Jaya Real Property since 2004. Graduates of the Architectural Engineering, Gadjah Mada University (UGM) is a recommendation of the Provincial Government (Government) DKI Jakarta.

While former President Director of PT Pembangunan Jaya Ancol, Tbk Budi Karya Sumadi end of his term in Ancol, and has received mandate from the city government to occupy the President Director of PT Jakarta Propertindo.

Various development efforts and efficiency PJAA conducted during 2012 the company managed to boost performance. PJAA revenue last year managed to break the USD 1 trillion, to be exact Rp 1,053 trillion, up 12.9% compared to the year 2011 amounting to Rp 933 billion. The figure is a record in the history PJAA revenue performance.

Meanwhile, net income rose sharply to Rp 178.15 billion or 10.02% higher than in 2011 which reached Rp 161.92 billion. This makes the achievement of earnings per share (EPS) rose from Rp 101 per share in 2011 to USD 111 in fiscal year 2012.

Company admits it is not easy to increase revenue amid increasingly intense competition with the emergence of leisure recreation places new, “but various contents innovation and development during 2012 has shown satisfactory results. Ancol Dream Park visitor numbers continue to grow to 15.849 million, up 6%, “said the former President Director of PT Pembangunan Jaya Ancol, Tbk, Budi Karya Sumadi, after the Open General Meeting of Shareholders (AGM) of the company, in the temple Bentar Mermaid Ancol , Thursday (30/5).

Based on data from the financial statements, all 5 (five) years the company’s revenue continued to grow significantly from just Rp 763.066 billion in 2007 to Rp 1.053 trillion in 2012, up 38% more. In the same period, net profit rose from Rp 140.867 to Rp 178.151 billion billion, an increase of approximately 23%.

In terms of total assets, the company is also experiencing rapid growth. As of December 31, 2012, total assets PJAA already reached Rp 2.38 trillion, up 37.49% compared to 2011’s Rp 1,737 trillion. But at the same time, total liabilities also increased from Rp 557.81 billion in 2011 to Rp 1.078 trillion in 2012.

Of the data is also visible, recreation and resort sector is still the largest contributor to revenue PJAA. Revenue from recreation sector reached Rp 674.56 billion, up 8% from the year 2011 which is only Rp 627.027 billion. While the resort segment operating income increased 31%, from Rp 48.3 billion in 2011 to Rp 63.112 billion.

Meanwhile, despite the rise in larger numbers (26%), income from the property sector in 2012 reached Rp 292.121 billion compared to 2011 amounting to Rp 232.410 billion. Performance segment performance properties obtained from the sale of the retail market segment, through the presence of several new property projects being built PJAA.

Described, contents development efforts and new innovations in the leisure segment conducted during 2012 as part of the strategic plan of the company until 2015. Efforts are made with the aim of achieving the company’s business growth suistainable recreation business segments where performance could be more adequate, both in the number of visitors and revenue.

Prospects in 2013

In 2013, for recreation and resort segment,

Residential Apartments In Bangalore

What is the first thing that comes to your mind the moment you hear someone saying Bangalore? If not all a majority would have thought of IT and technology. Yes, Bangalore truly is a paradise for all IT geeks. The IT boom has revolutionized the real estate sector of Bangalore with equal pace. The tech-savvy city of Bangalore invites all the IT geeks and professionals from around the world promising a golden career graph. This, as obvious, increases the population of Bangalore. With fatter pay packages the IT experts look for a lifestyle nothing below an international standard. This is why a demand for residential apartments in Bangalore has shot up and governs the real estate of the city.

The gardens of Bangalore for which Bangalore was once famous for are slowly losing their charm as most of the open spaces are occupied by concrete structures. In the yesteryears, the bungalows of Bangalore were a pride as far as accommodation was concerned, but now they are slowly being replaced with stylish apartments infused with all the possible amenities. Residential apartments in Bangalore have majorly been developed in South Bangalore in upcoming areas like J.P.Nagar, Jaya Nagar, Kanakpura Road and Bannerghetta Road. Sale of residential apartments in Bangalore has seen a marked increase due to the affordable pricing, security offered, amenities provided and the ease of getting home loans.

The residential apartments in Bangalore have become a favorite with the inhabitants of the city primarily because of security concerns. Independent houses are more prone to theft, murder and any other form of violence whereas the 24×7 security, intercom and CCTV facility (at the entrance gate) in the residential apartments of Bangalore make them fare more secure. The cost of residential apartments in Bangalore varies as per the location. The cost of residential apartments in prime areas like MG Road, Lavelle Road, Indiranagar etc. costs nothing less than a whopping Crore or so. Its not that the city ignores the residential needs of people with a budget not as lavish as a Crore. The outskirts offer residential apartments in Bangalore at an affordable price. 2 BHK residential apartments in Bangalore lead the sale charts of the real estate developers.

Bangalore has realized that residential apartments are the only answer to fight the space crunch and the growing pressure on land. Many reputed builders have constructed several residential townships while many are yet to be launched. Comparing the advantages of living in a residential apartment with that of living in an independent house, the former is surely a safer bet.

India May industrial output shrinks surprise 1.6%

India’s industrial output shrank by a shock 1.6 percent in May from a year ago, data showed Friday, adding to mounting gloom about Asia’s third-largest economy.

The contraction in output by factories, mines and utilities was far below market forecasts of a 1.5-percent rise while in another blow, April’s industrial output growth was revised to 1.8 percent from 2.8 percent expansion earlier.

“Industrial recovery is not yet in sight — this is definitely a surprise on the downside,” D.K. Joshi, chief economist of India’s leading credit rating agency Crisil, told AFP.

The figures marked more grim reading for Prime Minister Manmohan Singh’s Congress-led government which is desperately hoping for an economic rebound before elections due in the first half of 2014.

“Industry has slipped into a serious crisis,” said business leader Rajkumar Dhoot, as the data showed manufacturing, which accounts for three-quarters of the Index of Industrial Production, had slumped by 2.0 percent in May.

Dhoot, chief of the Associated Chambers of Commerce and Industry, predicted “large-scale job losses” in the country of 1.2 billion people and pointed to production shutdowns already announced by the once-booming car sector.

Despite the weakness, the central bank is ill-placed to cut interest rates to kickstart the economy with the rupee near lifetime lows and separate data Friday showing retail price inflation climbing to 10.13 percent in June from 9.65 percent in May.

“For any policymaker, it is a very challenging time. You have urgent situations over the rupee, inflation and now manufacturing,” Joshi said.

“There is no magic wand except that the government must start implementing some of the economic reforms it has been promising,” he said.

While the bank has cut rates three times since the start of 2013 following an aggressive hiking spree, borrowing costs remain high.

The disappointing data comes as Finance Minister P. Chidambaram is in the United States this week on his second trip in three months to woo foreign investment — seen as key to strengthening the currency and spurring growth.

But he is seen as hampered by political opposition at home to more steps to prise open India’s still heavily state-dominated economy and investor concerns about widespread corruption.

India’s economy has been struggling under high interest rates, strong consumer inflation and weak domestic and foreign investment, as well as a string of graft scandals.

The government has forecast the economy will grow by at least six percent in the financial year that began April 1, after expanding by five percent last year — its slowest pace in a decade.

But private economists have been reducing their forecasts in the past few months with most seeing growth in the five-to-six percent range.

In one piece of positive news out of Friday’s string of downbeat data, June’s trade deficit narrowed from the previous month as gold imports slid in response to government duty hikes to curb consumer appetite for the precious metal.

The merchandise trade gap fell to $12.2 billion in June from $20.1 billion in May, easing market worries about India’s gaping current account deficit — the broadest measure of trade.

Oil imports also fell to $12.7 billion from $15 billion in May. Oil and gold imports are the biggest contributors to the current account deficit. But despite a sharply weaker currency, June exports fell 4.6 percent to $23.79 billion.

And underscoring weak consumer demand, car sales slid nine percent in June from a year