Industry ‘Sabutret’ in Cilacap regency Expected Evolving

Member of House of Representatives Commission VI Adisatrya Suryo Sulisto expect industry ‘Sabutret’ (upholstery materials derived from coconut coir and rubber blend) in Cilacap, Central Java continues to grow.
He also hoped that the industry players ‘Sabutret’ can do innovation and creativity as well as take advantage of advances in technology, especially the technology is simple yet effective, so it can produce added value.
Adisatrya also reminded to use the momentum of a demographic dividend that currently experienced by Indonesia and the era of globalization, especially the implementation of the ASEAN Economic Community (ASEAN Economic Community) as of January 2014.
“Given the demographic bonus, real micro and small industry players can just ignore the export market, because the domestic market is still wide open. However if there are orders from abroad, the micro and small industry players should be able to adjust the quality and continuity of the set,” said Adisatrya Tribunnews in a statement received on Monday (08/07/2013).
This explains the PDI-P politicians in order to encourage local resource-based industries in the district of Cilacap, particularly coconut trees and rubber trees, then the Minister of Industry has issued the Ministerial Decree No. 126 of 2011, which set a rubberised coconut fiber (sabutret) as Regional Industry Core Competence (Kiid) Cilacap. ‘
As known, the use and demand ‘Sabutret’ by the international community increasingly widespread, as middle-class movement for the ‘back to nature’ (back to nature).

As a follow up from the Permenperin, the Ministry of Industry (Ministry of Industry) held in collaboration with the Center Adisatrya Workshop Local Resource-Based Industry Development to sabutret industry as well as industries that use local raw materials. The workshop was held on Wednesday, July 3, 2013 in the city of Cilacap, and bring Endang Supraptini, Director of Industry Development Facilitation Java-Bali region, the Ministry of Industry as a resource.
According Adisatrya, pascadisahkannya Act No. 17 of 2012 on Cooperatives which replaces Law No. 25 of 1992 on Cooperatives, a national cooperative actors should immediately grasp the substance while adjusting the formal-legal aspects, including institutional governance.
“Although the new law is considered by some as a cooperative offender laws that remove the spirit of cooperation, but it must be remembered that the Act is structured precisely to adjust to the times without losing nationalism,” said Adisatrya.

Furthermore Adisatrya also encourage cooperative actors in the two counties to work together with local governments in preparing human resources, including certification of competence. He also admitted that the law requires that the focus of the cooperative actors and earnest in managing, can no longer be used as a sideline.

“As a consequence of decentralization, Regional Head of formal school setting, for example vocational Cooperative Management that provides scholarships for students. Besides scoring skilled resources, the institution may issue a certification for aspiring managers of cooperatives,” he said.

Kobexindo Spread Rp 11.4 Billion Dividend to Shareholders

Kobexindo Tractors Tbk PT (KOBX) plans to distribute dividends of U.S. $ 1.2 million or equivalent to Rp 11.4 billion. This dividend equal 23% of the company’s net profit in 2012.

Each shareholder will receive dividends KOBX Rp 5 per share. The Company will put about 77% or U.S. $ 3.99 million of net income as retained earnings and general reserves.

The funding will be used to strengthen the Company’s capital structure, especially in business development and financing of the Company’s operations and its subsidiary entities.

“The decision has considered the need for capital to fund the Company’s business and operational expansion.” Explained Director of Public Relations Kobexindo Soputro in a written statement on Wednesday (06/12/2013).

Throughout 2012, the Company posted revenue of U.S. $ 131 million. Revenue was driven by sales of heavy equipment, parts, and revenues from repair services.

Heavy equipment sales segment revenue in 2012 was U.S. $ 114 million dollars. This segment is the largest revenue contribution by donating 87% of the Company’s total revenues in 2012.

The second contributor to revenues derived from spare parts and service segment of U.

Impact of Selling Assets in 2011, Merck Profit Drops 53%

Pharmaceutical and chemical company, PT Merck Tbk recorded a decrease in net income in 2012. The German issuers, incised profit of Rp 108 billion, down 53.24% from the previous period which amounted to Rp 231.16 billion.

Director of Finance Bambang Nurcahyo explain, the decline in 2012 net profit, due in 2011, the company is selling assets. This has an impact on revenues soaring Merck in 2011, while in 2012, there is no asset sales.

“The decline in performace 2012, causes the 2011 to sell property assets and Kemang BSD net profit of Rp 70 billion. Assets sold in 2011,” said Bambang at Public Expose Merck headquarters in Pasar Rebo, East Jakarta, Wednesday (20/03/2013).

In 2012, Merck’s sales reached Rp 930 billion, up 1.18% from the 2012 period amounted to Rp 919 billion. This sale, supported by three business units namely Chemicals Rp 359 billion, Merck Serono worth Rp 405 billion and Rp Consumer Healthcare 166 billion.

Merck also will perform a dividend of Rp 75 billion to shareholders. However, Bambang reluctant to mention the target profit, revenue and business plans and capital expenditures in 2013.